HomeMy WebLinkAbout2530 anal shall perform, comply with and abide by each and et+ery the agreements, rftpulattoni. eondiffonr and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby crnated, shall cease, dt-
termine and bs null and twirl. .
the mortgagor hen.+by /urther covenants and agrees !o pay promptly when due the principal and
interest and other sums of money provided for to said- note and thir mortgage, or either: to pay all- and
singular the faxes, assessments, leufes, liabilities, obligations, and encumbrancer of every natttre on raid pro-
perty: to permit: commit or suffer no waste. impairment or deterioration of raid land or the improvementr
therecn at any time: to keep the buildings now or hereafter on said land fully insured in a sum of not less
Than its full insurable value..
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in fhs 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 the mortgagor for any surplus: to pay all costs, charges, and expenses. including lawyers fees and tills
searches, reasonably incurred or paid.by the mortgagee 6ecatue of the failure of the moHgagor to promptly
and fully comply with the agreements, stipulations, conditions and rnuenants of said note and this mortgage,
or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants eel 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 6y virtue of said note 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-
fttl rate then allowed by the lotus of the State of Florida.
any sum of money herein referred to be not promptly paid within thirty 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 fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. nt the option of the mortgagee, become and 6e due and payable. anything in said note or herein
to the confrory notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a u~ainer of any rights or options under said note or this mortgage accrued or
thereof Ier accruing.
~n ~itntSS whereof, the said mortgagor has hernunto signed and sealed these presents the
day and year first above «+ritten.
Signs ,sealed and delivered in the presence of
l F ark Roy Acitelli
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` STATE OF FLORIDA,
cOC~T~• c)F ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
officer.dul)• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
FRANK ROY ACITELLI, a single adult,
to me known to hr the person s described in and who executed the foregoing instrument and he acknowledged
Imfore me that he executed the same.
1TtiESS my hand and official seal in the C:ounq• and State last aforesaid this 14th day o!
December, A. D. 19 79.
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4 Notar Public, Sts e• ~ i~tR~eq• ~.da
~l9 OEC ~8 ~ 3 at Large . _ • g : ,
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flf~#>~c~ My commission.exp~~;dc~ c~'~.'i~'
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x`70811 .
• Tliu hrrlnimcn/ prrpnrrr! hy: f
' Edgar A. Brown, Esq. ~i c~ c~ I
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