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and shall per/orm, comply with~and abide 6y each and every the agreements. sfipulatlo?is, eondttions and
covenants thereof, and of this morfgape, then this mortgage and the estots hereby created, shall cease, dt-
termtne and 1» null and void.
the mortgapor hert?by /urther covenants and agrees to pay promptly when due the principal and '
interest and other sums of money provided jor to said note and this mortgage, or etcher; to pay all and
singular the faxes, assessments, jeuies, liabilities. obligations, and encumbrances of every nature on said pro-
perty: fo permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
thereon of any lime; fo keep Ilte bttildinps now or hereafter on said Land fully tnstued to a sum of not less
ehan full insurable value
to a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortpagee, and in the event any sum of money 6eeomea payable by virtue of such insurance the
mortgagee shall have the right fo receive and apply the same fo the indebtedness hereby secured, aceounttng
to the mortgagor jor any surplus; to pay all cost:, charges, and expenses, 'including lawyers jeer and ittle
searches, reasonably incurred or paid 6y the mortgagee because of the jailors of the martgagor to promptly
and fully comply with the apreemenls, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, rnmply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set jor(h in said note and this mortgage or either. In the event the mortgagor jails fo pay when
dos any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and flits
mortgage, or either. the mortgagee may pay the same, without waiving or of
jetting the option fo foreclose
or any other right hereunder, and all such payments :hall bear interest from date thereof at the highest law-
jul rate then allowed by the Laura of the State of Florida.
~l any sum of money herein referred to 6s not promptly paid within fifteen days next after
the same becomes dice, or i/ each and every the agreements. stipulations, conditions anti covenants of said
note and this mortpape, or either, are not jt,Ily performed. complied with and abided by, then the entire
sum mentioned to said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgapee to exercise any of the rights or options herein
provided shall not constifttte a u~ainer of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~Nitnl~ thereof
Del y the said mortgagor has heretrnta signed and sealed these presents the
day and year first above tnriflen.
Signed, tested and delivered in the prrsence oj:
mss C o
As to Mr. F, Mrs . Ca inello ~ • ~ ~ -
rP arbara M. Carpi to
- - --y---.
I
! STATE OF FLORIDA,
COU\TY OF ST. LUCIE
I ItEREBY CERTIFY that on this day, before me, sn
officer dulp authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
James A. Carpinello and Barbara M. Carpinello, his wife,
to me known to br thr person S described in and who executed the foregoing instrument and they acknowledged
before me that theyexecuted the same-
N'I7:`ESS my hand and official seal in the (:ounty and State last aforesaid this 30.z1C day of ~
~~r A. D. 1979
!SZG / ~ ~
V
Notary Public, State: ~f ~'1•o~c~da
1919 A!!~ -9 Pt$ 1.27 at Large. My Co>a~Ieis' ~ -'res:
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FILED AtiO Izt:Co~lkD ~ _
SL~I~UCEI~CGUM,jY.FIA. ~ . ~r'';~7 ~I.rv-.: ~%qs-
.y.. rr ~0 /~~~P~O~ITTRMAS - ; i.~cp~,j,5,,~,~ ' W'•;
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RECDRO YERIFlEC - _ , : s r
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4:14444 - ,,,a. <<.~,~
(NOTARY SEAN) y ~ '
~~1/J IIIS//!/Illfll/ plrf7[1>rJ~Iy: ~ Q
William J. Stewart, Esq, gpp~314 PAGE 85~.
'I`~`~'r~ Post Office Box 3345
Vero Beach, Florida 32960 i