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HomeMy WebLinkAbout2340 and shall perform, comply with and abide by each and every the agwemenis, stipulations, conditions and covenants thereat, and of this mortgage, then this mortgage and the estate hereby created, shall cease, ds- terrrtine and be null and void. - - t tie intiirgagor here~y rtuther covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for to aaid note and this mortgage, or either; to pay all and - singular the taxes, asaeasmenta, levies. Itabtlitfea, oblignftons, and enctunbronces of every nature on said pro- perly: fo permit, commit or suffer no waste, impairment or deterioration of said Iand or the improvements the?+eon nt any time: to keep the buildings now or hetwaf ter on said land fully insured to a sum of not leas than THIRTY-THREE THOUSAND EIGHT NUNDREO AND NO/100 DQLL~Rg (~33,8t~t~. ) in a company or companies acceptable to the mortgagee, the policy or policies fo be he d by, and pays to, said mortgagee. and to the event any sum of money becomes payable by virtue of such inatuance the mortgagee shall have the right to receive and apply the awns to the indebtedness hereby secured, accounting to the mortgagor for any aurplw; to pay all coats, chaeges, and expenses, including lawyer's fees and title searches, reaaonnbly incurred or paid by the tttortgagee because of the failure. of the mortgagor to promptly - and fully comply with the agreements, atipulattona, eondtttons and covenants o/ said note 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 dt.e any tax, assessment, inswance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the anrrte, without waiving or affecting the option to foreclose or any other right hereunder, and alI such payments shall bear interest from date thereof at the highest law- - f uI rate then allowed by the laws of the State of Florida. ~i any sum of money herein r+efened io be not promptly paid within thirty days next after the same becomes due, or if each and every the agreements, dipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with -and abided by, then the entire sum mentioned in said note, and this wortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be dus and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constihite a waiver of any rights or options under aaid note or this mortgage acrnred or !hereafter ocrruing. ` ~n WxW{L~7 ~~hereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, sealed and delivered in the prosence of ~ ~ c ~ ~ ~ Cha 1 es ~,--Fa '~i - ~ ~ ~ Annette M, Fauci - ~ - - ~ . s._....... - - Due On Cues ..C.' irtlstp;by'~~~~ Pursuant To Cha~e? ?i,1x /yr p 1~ s ~ ~ ~LR~ ~~l~~ C1af! (~pt~ Ca11tt, ~wR ~r (J iTA'TB OP FLORIDA, COUNTY OF S t. L u c i e I HBRBBY CERTIFY that on this day, before me, an i ~ of[icer duly authorized in the State aforesaid and in the County aforesaid to take ackoowkdgments, personally appeared I ~ CHARLES A. FAUCI and ANNETTE~, M. FAUCI, his wife ! to sae known tti be the person S desuibed in aaid who executed the foregoing instrument and they acknowledged before rite that they exexuted the asses. % H ~ WITNESS my hand and official seal in t>ss Cwnq and State last aforesaid this / day of March A. v. 19 80 /i ~t ~rJ ~~-%1~~:~w 1..---..~..--:.._. ~:.c.........~:t.-.---:. - 1980 MAR 19 `'o.~._.. iKC fc:GnUtfl ~ Pub6c, State o~ Florida at large FIl.E~1C CG'JNj f l ~ BoY Cpmmisaion Expires February ti, iS33 St:l R POItRpS~ ^~M R ~ CIRCUIT C: )P ~ tlvu Maynard gondictp Agency qq 4E3t1108 .ter: T.~: l~ , ~ . I In p O . . This hulnmre~rt p,zpam! by: Gene C Drumm "''17;' ; ~ 5600 Cassia Dr. A`~`~'~ Ft. Pierce, FL 33450 z~~K327 P~~E2~339 '