HomeMy WebLinkAbout1559 and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
eotrenanls thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and void.
~nd the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for to said note and This mortgage, or either, fo pay all and
singular f?te faxes, assessments, levies, liabilities, obligations, and encumbrances of every Walrus on said pro-
perly: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
lher+ec n of any lime: to beep the buildintrs Hato or hereafter on said land fully insured in a sum of no! less }
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in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable }
fo, said mortgagee, and in the event any sum of money becomes- payable by virtue of such insurance the i
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any st?rpltrs: to pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonably incurred or paid by the mortgagee because of the failt?re of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said Hole and this mortgage, ~
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and '
covenants 'set forth in 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, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder. and all such payments shall bear Interest from date thereof at the highest law-
ful rate ihen allowed by the laws of the State of Florida.
~l nny stmt of money herein referred to lse not promptly paid within 30 days next after
the soma becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are ?tol fully performed, complied with and abided by, then the entire ~
sum mentioned in said note, anti this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein
- to the contrary nohvithstanding. Failure by the mortgagee to exercise nny of the rights or options herein
provided shall not constifufe nwaiver of any rights or options under said note or Ibis mortgage nccrued or
thereafter act•ruinfr.
~n ~itneSS thereof, the snid mortgagor has Itereunlo signed and sealed these presents the
day and yrar first Whore u•riffen.
1 Signed, sealed turd delire?ed in the pres+•nrt• of
ER*IEST F. D?ArIGELO
~c rr ~ _ r.~n:,G~~~c:~,c. h/~,?-~ ' - --tom
~LIAM R. DrANGELO
t
~ I STATE OF FLuRID:1,
E
t I HEREBY CF.R•rIFY that on this day, before me. an
of(irrr duh• authorirrd in stir Starr aforesaid and in thr County aloe said to takr acknowledgmrnts, personally appeared }
ER'dEST F. D'ANGELO and [tIILLIAM R. D'ANGE~l1~'4 •
to m~• known to lx• thr• (>,•rwn3 descrilxd in and who earcut~ hr forr•qu~nq instrument and they acknowledged ~
lxlorr mr that they executed the samr. .tea ~
~~•IT\F.SS +ny h.+nd and official sral in th.• (:aunty and Stao• lest alurrsaid this /s/~ day of
I - - }
Notary Publ ' ~ ~ , ~ t
- L• ~ • ~ MY CO*4IISSION EY.I'RIES : .t. -
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i F,i6 fi F'laift.t- IQtAttf ltAlK AAlff t7f at7f11DM Al M~,r ~
( CLERKCIEL+hi MISSIONts7Q1~ ~N.• I~fi2
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