HomeMy WebLinkAbout1603 and shall perform, tbmply with and abide Ly each and every the agreements, sltpulattoris, conditions and
carenanls thereof, and o/ this mortgage, then this mo?tgagp and the estate hereby created, shall cease, de-
lPrminP and be null and twirl.
t11P mortgagor IlPrrby /urther covenant: and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said Hole artd this mortgage, or either: to pay all and
singular the taxes. assessments, levies, liabilities, obligations, and encum6r+ances of every naftue on said pro-
perty: to permit, contrail or stiffer na waste, Impairment or deterioration of said land or the improvements
thPrrcrt of a?ty tintP; !o IrPPp the buildings rtow or hernafter on said land fully insured in a sum of not less
than the full insurable. value
in n company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, Bald mortgagee. anti in the event any sum of money bernmes payable by virtue of such Insurance the
mortgagee shall have the right to receive and apply the same to the Indebtedness hereby secured, otxounting
to the mortgagor jor any stupltrs: to pay all co:ts, charges, and expenses, including lawyer's fees and title
searches, reasonably irrctrrrPd or paid 6y the mortgagee because of the jailtrre of the mortgagor to promptly
and jolly comply u}ith the agreements, stipulations, rnnditions and covenants of said note and this mortgage, `
or Dither: to perform, comply u~itlt and abide by each and avery the agreements, stipulations, rnnditions and
covenants se! forth in said note and this mortgage or either. In the event the nlorit7agar 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. the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right heret/nder, and all such payments shall bear interest from date thereof at the highest law-
. ~ul rate then allowed 6y fhP laws of the State of Florida.
~l arty sum of money herein referred to be not promptly paid withir~hirty(30) days next after
the same becomes due, or i f Dach and every the agreements, stipulations. conditions and covenants o/ said
note and this mortgactP, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said Hole, and this mortgage, or the entire balance unpaid fheneon, shall forthwith or -
thereafter, nt 1hP option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notunthstanding. Failure by the mortgagee to exercise any of the rights or options herein
proridPd shall not constitute a tuait~Pr of any. rfghts or options under said Hole or this mortgage accrued or
i therPajter accruing.
i ~n fitness ~heCeof, tllP said mortgagor has hereunto signed and sealed these presents fhP
clay and year first shore written.
SlgrlPd, SPa Qnd dPli1~PlPd IR the p~SP11cP Oj_ -
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- ~...~f~~~_.._..- .--.~-epee etc.:...-.--.-.------~?-z t-~2-c'~.~---.-=---®
E war C rado t
1 ~ a
• ~ Annette Corrado
STATE OF FLORIDA,
G(~U`'TY (~F ST. LUCIE
I HEREBY CERTIFY that on this day, be[ore tae, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
EDWARD CORRADO and ANNETTE CORRADO, his wife
to me known to l,c the ~•aon g described in and who a:ecutcd the forcgoinq itutrutntnt and they acknowledged
Ixfore me that they executed the same.
N'I"I~tiESS my hand and official seal in the County and State last aforesaid this ~ 9'-~ day o<
January, A. D. 19 80. - 1
.-N ar~ u is e.•``~~?= ~ L' ~
c,
State of Florida aF - f} -
_ ~ - ~ ~t~3l~c~ ~t°atne of
+~c~,~ ;`~`?~l r~`ncr,~ '
~ = - e My Commission Expires Otto ; , ~ " _
!'his Lwnunntr' prrprtrr'it' by:
Guy R. Bruni, Esq.
i1t/rlrc'ss Suite 208, Citizens Federal Bldg, ~
8410 S. Federal Hwy. BCf~ii~ P>~~~ ~
Port St. Lucie. Fla. 33452 ~ a