HomeMy WebLinkAbout2698 and shall perform, comply with and abide by each and every the ap~eemenfs, sfipulafioris, rnndttions and
covenants therewf. and of this mortgage, then this mo?tgape and fhe~estgte hereby created, shall cease, de-
termine and ht• null and void. .
~nY the mortgagor Iterrrby f urfber rnvertants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either; fo pay all and
singular the farPS, assesamertls, levies, liabilities, oblfgafIons, and encumb?+ctrtces of every nature on said pro-
perty: fo permit, commit or suffer no waste, impairment or deferiomfion of said land or the tmprovemenb
/herer•rt al any lime; to Iteep the buildings Hour or hereofter on said land fully insured In a sum o/ not lest
than highest insurable value thereof
in a conepany or companies acceptable fo the mortgagee, the policy or policies to be heh! 6y, and payable
to, said mortgagee, and in the went any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: fo pay all costs, cha?ges, and expenses, including lawyers fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply tvilh the agreements, stipulations, conditions and covenants of said Hole and this mortgage,
or either; fo perform, comply u~itle and abide by each and euery the agreements, stipulations, conditions and
covenants set forth fief said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said Hole and this
mortgage, or either, 16e ntorfgagep may pay the same, urifhouf wniving or affecting the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at flee highest law-
f ul mte then ullotoerl by the laws o/ the State of Florida.
iL any sum of monev herein referred to be not promptly paid within thirty days next -after
the same bPCOMPS due. or i/ each and every the agreempnfs, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed. complied with and abided by, then the entire
~ sum mentioned in snid note, and this mortgage. or the enfire• balance unpaid thereon, shall forthwith or
thereafter. at flee option of the mortgagee. become and 6e due and payable, anything in said note or herein
' to the contrary notu+ithstanding. Failure by the mortgagee to pxerctse 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 ~itneSS ~dheCeof, tho said mortgagor has hernunto signed and sealed these presents the
~ da~• and year (first a1?ave u~riften.
i Signed, sealed and delivers in flee teresr~nce of
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II . . ~I2ti 6ZGtr-~- -.t~~- C~Ct!e~..
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- Dominic Procino
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STATE OF FLORID:1,
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ccx~~TY c)F ST . LUCIE
i I HEREBY CERTIFY that on this day, before me, an
3 i officer duh• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
DOMINIC PROCINOr as Trustee,
I to ene knowr. to Ix• the person described in and who executed the foregoing instrument and he acknowledged
i Ix•(orc me that he executed the same.
r I` H'I7:~ESS m} hand and official seal in the County and Stat~• last aforesaid this 31St day of
• i May A. D. 19 7 9 .
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NOTARY UBLIC , State of , rie2a
1919 J'~'~ - I P7a 3~ 59 at La qe .
My commission expires': ~.c~?: -
FII.EO cHa ~.`cottat:o
oteUy~Y.flA• i
5 ROGER PIJI7RAS - ~
CLERK CIRCUIT CCUR ' . . .
446480
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