HomeMy WebLinkAbout2258 and shall perform, comply tuifh and ¢6ide 6y each and every fire agreements, stlpulattoni. conditions and
catwnanls ,Ihereoj, and of this mortgage, then fhb mortgage and the estate hereby created, :ball cease, de-
termine and 6e null and void. ~
WINE the mortgagor hereby jwfher covenants and agrees to pay promptly when dw Ihs principal and
interes! and other soma o/ nbney provided jor in said note and this mortgage, or either; to pay all and
singular the faxes. assessments, levies, liabilities.- obligations, and encumbrances of every nature on sold pro-
perty: to permit. rnmmif or suffer no waste, impairment or deterioration of said land or the improvement
Iherecn of any time: to creep the building: noun or hereafter on said land jolly insured in a cum of not less
than highest iusurable-valua.
in a rnmpany or companies acceptable to the mortgagee, the .policy or policies to 6e held by, and payable
to, sold mortgagee, and to the event any sum o/ money becomes payable by virtue bj such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surplus: to pay all cost, charges, and expenses, including lawyer's jeer and tltb
searches, reasonably incttrred or paid by the mortgagee because of the jailtsre of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and rnvenants of said note and this mortgage.
or either: to perform. rnmply with and abide 6y each and every the agreement. stipulations conditions and .
covenants art jortb in said note and fhb mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment. Insurance premium or other sum of money payable by virtue of said- note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to joreclwe
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
juI rate then- allowed 6y the Laws of the State of Florida.
any sum of money herein ref
erred to 6e not promptly paid within 30 days days next after
the acme becomes due, or !j each and every the agreements, stipulations. conditions and covenant of said
note and this mortgage, or either, are not jolly performed, complied with and abided by, then the entire
sum mentioned in said note, and fhb mortgage, or the entire balance unpaid therison, shall forthwith or
thereafter, at the option of the mortgagee, become and be dos and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercte any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~NIQSS ~~~f, the said mortgagor has hereunto signed and sealed these presents the
day and year fiat above uFritten.
Sfgnerj, sealed and delivered . in the presence oj:
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Salvatore "~Gia~aaco
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STATE OF FLORIDA, pLp$IpA
E COUNTY OF $T . LUCIS i
! I HEREBY CERTIFY that on this day, before me, an
~ officer duly authorized in the State aforesaid and in the County aforesaid to take ackrwwledgmenu, personally appeared
~ SALVAT088 GU~ANf70 and VITA GIAI~ANCO, his wife ~
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to me known to be the person 8 described in and who executed the forrgoinq instrument and who acknowledged ~
before me that they executed the same.
s H'I7:'~tESS my hand and official seal in the County and State last aforesaid this 25th day of
~ April A. D. 19 79.
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Notary Public
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17tif >~itrlrr,m~eut p,rpnrrd by: c~
Address BOOK tRJ~ ~ACE~~
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