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and shall perform, comply with and abide by each and every the agreements. sftpuladoni, conditions and
rnvenants thereof, artd of this mortgage, then this mortgage and the estate hereby created, shall cease, d~-
tprmine and be null and void.
the mortgagor hereby further covenants and agrees to pay promptly when dw 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 taxes. assessments, IpVtPS, liabilities, obligations, and encum6ronces of every nature on said pro-
perly; fo permit. commit or srr(jer rto waste, impairment or deleriorofion of said tared or the improvements
fherecn at any lime; fo beep the buildings nou, or hereafter on said land /ally insured in a sum of not teas
than nil.
in a company or companies accppiable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y airfue of such insurance the
mortgagee shat! have the right to receive and apply the samw to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay alt costs, charges, and expenses, including lawyers fees and fttlg
SPOrcheS, reasorta6ly incurred or paid by the mortgagee because of the jatlure of the mortgagor to promptly
and fully comply with the aorpemprtts. stipulations. conditions rend covenants of said note and this mortgage,
or either; to pprjorm, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note rend this mortgage or either. /n the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, (he mortgagee may pay the same, without waiving or affecting the option to foreclose
or any oilier righi hereunder, and all such payments shall bear intpr'pst /rom date thereo/ at the highest Inw-
jut ralp iheR allowed by the laws Of the State of Florida. -
D~ any sum of money herein re(prred to be not promptly paid within thirty days next alter
the same bpcontes due, or i j each and et+ery the agreements, stipulations, conditions and covenants of said
note and this mortgage, or eifhpr, arc not fully performed, complied with and o6ided 6y, then the entire
sum mentio?tecl in said -note, and this mortgage, or fh a entire balance unpaid thereon, shall forthwith or
thereafter. al the option o/ the mor[gagee, become and be due and payable, anything in said note or herein
to the contrary nolwtthslanding. Failure by the mortgagee fo exercise any of the rights or options herein
przt~icl~l 4bnll not cmtstifute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itn¢SS thereof, iltp said mortgagor has hereunto signed and sealed these presents flip
day and year first above written.
Signed, sealed and delit~ din the preseucp oj:
/ Ro a P. Cohp$a{tto
t - - -
Kathleen Colasanto
STATE OF FLORIDA,
I HEREBY CERTIFY that on this day, betorc me, an
i
oificcr duh• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, Ixrwnally appeared
RONALD P. COLASANTO and KATHLEEN COLASANTO, his wife
to nu• known to be the persons described in and who executed the forcQOing instrument and whp acknowkdged
hefurc me that they executed the same.
~~'1"l~\F.SS my hand and o![icial seal in the County and State last aforesaid this ~ day ai
f~r, ~ _ A. D. 19 y ~ ~t~t~tun!r~trrrr
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CIE'?~ . t Notary Public. • r
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