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and :hall perform, comply with and abide by ea,ch:atd et~r•.ehe apnensenes. stipulations. conditions and
- covertanb there% and of this mo?fgape, then this mortgage and the estate herby heated, ahaU t~eauo, da
termtne and be nun arc! void. _ - -
the mortgagor hewtby further covenanb ttnd_ ogres to pay promptly wlwq du the _princtpal and
interest and outer surru of money provided jar In sold note and this mortgage, or either: to pay aU artd-
singular the loxes. assessments, levies. Qabiltttes, obligations. and ertcctrrtbrvrtces of every Wotan on said pro
perty: to permit. eorttmlt or suffer no waste, impairrnatt- or deterioration of said land or the improwetatfs
thereon at any time: to beep the butldinga now or herrajter on said (and /any !round in n sttm of not less
than -
- in a company or i~omnanies acceptnbb b the moHgagee, the policy or poltctes to 6e held 6y, and pnyabb
to. aatd mortgagee. and in the event nny sum of money becomes payable by virtw bj suc[t insurance the
mortgagoe shall have the right to receive and apply the same to the Indebtedness hereby aecwrd, atxounting
to the mortgagor (or any surplus; to pay nn rnsts, charges. and oxpenses. including Inwyer i jeq and title
searches. reasonably Incurred or paid by the mortgagee because of the jailor of the mortgagor to promptfe _
and jolly comply wtfh the agreements, stipulations, eondittoru and covenants of said note and this mortgage.
or either; to perform, comply with and abide by each and every the ognemenb. stipulations. eondtttons and
rnvenanfs set jorlh in said note and this mortgage or either. ~ In the event the mortgagor jaib to pay when
due any tax. assessment, insurance premium or other sum of money payable by virtue of said Hole arts this
rttortgage: or either. the mortgagee may -pay the same, without walvtng or affecting the option to foreclose
or any other right hereunder, and all such payments span bear interest from date thereof at the highest law-
~(ul rate then allowed by the laws of the State of Florida. ~ _ _
~L any sum of money herein re(en+ed to be not promptly paid within 30 days next ,after
the same becomes due, or if each and every. the agreements. stipulations, conditions and covenants of said -
- note and this mortgage, or either. are not jolly performed, complied with and abided 6y. fhpre the entire
sum mentioned in said note, and this mortgage, or the entire 6alartee unpaid thereon, span jorthwilh or
thereafter, at the option of the- mortgagee. become and be due and payable, anything in said note .tx herein
to the contrary notwithstanding. Failure 6y the r?tortgagee to exercise any oj'the rights or options herein
provided shall not conslifufe a waiver of nny rights or options under- said note or this mortgage accrued or
therrajter accruing.
~n ~ul~ ~heeeof, the said mortgagor has hereunto signed and sealed these presents the
day and year first abw~e written.
Signed, sealed and debt red in the prrsence oj: ~
_ et L. Licausi
-
STATE OF FLORIDA,
couNTY of ST. LUCIE -
I HEREBY CERTIFY that on this day, before me, sat
officer duly authorittd in the State aforesaid and in tl?e County aforesaid to take acknorrkdgmenp, personally appeared
Paul P. Licausi and Janet L. Licausi, his wife _
to me known to be the person descn'bed in and who executed the foregoing iastruruent and they acknowledged
trcfore the that theyacecutea the same: ~ - ' ~ _ ,
WITNESS my band and official seal in the County and State last aforesaid this ~ ~ ~ day of
SEPTEMBER A. D. 1974
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_ ~ ~ ~d
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',i h ; _ fIIEO RNpp RECO.~illtD ~+'rwA c~r.~, cr..~
_ - "•E ST.U~IE COOtttY.FIA. .
. ' ' - ~ . r RaGett a'ottfas -
~ , n t ~ ~ z ~ CLERK CIRCIIff CO;, T
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~ ~,w.~`iw,umrn~ praarrd by: Thomas A. Driscoll , Treasure Coast Service Corp.
Ad~irrs 121 Orange Ave. Ft. Pierce, Fla. 33450 -
~ - ..,.CRS'! "7t raw.