HomeMy WebLinkAbout1607 and shall perform, comply with and abide by each and every fhe.agre.me4fs, stipulations. condttiorts and
covenants thereo/, attd of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
iPrmine and be null and void.
~11d the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
internst and other sums of money provided jor in said note and this mortgage, or either: to pay all and
singular the fattes. assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- ,
perry; fo permit. commit or suffer rto uraste. impairmen! or deterioration of said land or the improuentents
thetrcn ai any time: to peep the buildings- now or hereafter on said land fully instu•ed.in a sum of not less
than the full insurable value
in a company or companies acceptable fo the mortgagee, the policy or policies fo be held 6y, and payable
to, said mortgagee, and in the event any sum of money 6ecomea payable 6y virtue of auch insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
l0 1hP mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, sl:p::lafions.._•t+{t%lifinns and cvvenants of said note and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, rnnditions and
cor•Pnar:ts set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tats, 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 a!1 such payments shall bear interest from date thereof at the highest law-
ful rate then nllotved by the faros of the State of Florida.
DL arty sum of money herein referred to be not promptly paid wifhinthirty(30)dnys next niter
the same l~ecoates due, or if each and every the agreements, stipulations, conditions anc~ covenants of said
Hole and this mortgage, or Pifher, 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, of fhP option of the mortgagee, become and be due and payable, anything in said note or herein
fo the contrary notwithstanding. Failure by the mortgagee fo exercise any of fhe'righfs or options herein
provided shall riot cortsfilttfe a unit+Pr of any rights or options under said Hole or this mortgage accrued or
j thereafter accruing. i
1 ~n witness ~hereo~s the said mortq:tgor Itas )tPreunto signed and sealed these presents 1hP
day and year first above tvritfen-
ned, scale a d delivered in fhP presence of
~ 6
- - - X11.---~~...----.- --~---.--~'1~-.-~-~~-.. s.-Zt® .
Joseph ola, Sr. rr
- ~o~2i~GUC.cL.-~~rl--L~-~.....----------
Domenico Mola '
i I - - - - - - - - -
~ I ~
~ ~ -
STATE (>F FLORIDA,
I COC~TY OF }
ST. LUCIE l HEREBY CERTIFY that on this day, before ttte, an ~ f
I officer dulg authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
JOSEPH MOLA, SR. and DOMENICA MOLA, his wife
to tnc known to Fx• the person 3 described in and who es:ecuted the foregoing instrument and they acknowledged
ix(orr me that they caccutcd the same.
?~'IT\ESS my hand and oi(icial seal in the County and State last aforesaid this 27th day of
February, D- 19 80. _
4`7`7'7`73
tary Public
State of Florida at Large
i , ~i.:. ; My commission expires
5.,~
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Guy R, Brunt, F~q. ••.;~.,~;~r--,.,' . ,
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8410 S. Fe~eral Hvry. OR ~ ?6GF t
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