HomeMy WebLinkAbout1197 _
I
and shall perform, comply u~ifh and abide by earn and every the agreements, stipulations, conditions and
Cal'enantS tl+PreoJ. and O! tills mOrfgagP, then this mortgage Qnd the estate hereby Created, shall cease, dP-
te?mine and null and void.
>t{n~ the mortgagor hereby (urlher covenants and agrees fo pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either: to pay all and
si?+gular the taxes, assessments, levies, liabilities, obligations, and enc[+mbrances of every nature on said pro-
perty: fo permit. commit or s[+jjer ?+o waste, impairment or deterioration of snid land or the improvements
thl'rrNYl a~ any time; fo beep the bwid+ngs now or hereafter on snid land f oily insure[! in a sum of not less
tl+an
in a company or companies acceptable to the mortgagee, the policy or policies to !?e held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such Insurance the
mortgagee Shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to Il+e mortgagor for any surplus; to pay all costs, charges, 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 jolly comply with the afire[>ments, stipulations, conditions and covenants of said note and this mortgage,
or either: fp perform, comply urith and abide by each and every the agreements, stipulations, conditions and
covenants set forth in snid note and ibis mortgage or either. In the event the mortgagor jails to pay when
~ due any tax, nssessment. insurance premium or other sum of money payable 6y airtue of said note and this
mortgage, or either, the mortgage may pay the same, without wniving or affecting the option to foreclose
or any other right hereunder, and all such payments shnU bear interest from dote thereof at the highest law-
{ f ul rate then allowed by the laws of the State of Florida.
~ `
~t nny sum uj monrv herein referred to he not promptly paid within 30 days next niter
~ the some becomes due, or ij em-h and every the agreements, stipulations. conditions and covenants of said
note and this ?nortgage, or either, are not juiiy performed, complied with nnd_abided by, then the entire
sum mentioned in said r+ot[>. an[! this mortgage, or the entire balance unpaid thereon, shall fo~~.: oq
thereafter, at the option of the mortgagee, become and be due and payable, anything in snid nQfg~~?~rei?i
to the contrary nofu'+fhsland?ng. /-adore by the mortgagee to exercise any of the nghls or vAl~n~,~n
provided shall not constitute a waiver of any rinhts or options under said note or this mortgt?g~d~ Qs
'v' r; U c.'
~ ~n ~~tness whereof, tI1P Sall mortgagor has Ilerellnt0 Signed and Sealed tlteS6,~~eR1,S thP_,• ~
[h?y and year first above u•ritlen. tehr t~rl
Signed. seal 1 and delivered in the presence oJ: AVALOFI CONSTRUCTION of POR ST. LUC NC
. - -
.
Enrico Pisisoitti, President
E
.
Susan Tesoriero, ecretary
.
- - -
y
f
.
t ( ~
I
STATE OF FLORIDA COUNTY OF ST. LUCIE
s
9 I HEREBY CERTIFY, That on this r /-r" day of ~Q~~r , A. D. 191-, '
before me personally appeared Enrico Pi si cotti , and Susan Tesori er0
I _
resoectivet~ Presidemand _ Secretor;,`
of I
Avalon Construction of Port St• Lucie , a Florida Corporation, to me
known to be the persons described in and who executed the foregoing instrument and severally acknowledged the exe- t
cotton thereof to be their free act and deed as such officers for the uses and purposes therein mentioned; and that they
affixed thereto the official seal of said corporation, and the said instrument is the act and deed of said corporation.
"
s WITNESS,n'1y~hend and official Seal at Fort Pierce ~t - I uci a said/.cA(ounty and state.
- ~ f.
1.'" ~ ~ 'r;, , " Notary Public, in and for Stat d County aforesaid.
' ,'r`s'~~" '?k My Commission Expires:
ST Ll;=.!E CCt!;1 i Y. f'_A. ;
ROGEP. POITP.:.S I
ClE6.r.C12C::'.i rn.i,,:
~.=mar
' 1%~i luclmuu-td pnFn>•r•+/ /ry_ Thomas A. Or15C011 +
,1JJrr:fs 121 Orange Ave. Ft. Pierce, Fl. 33450
- 4 -