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and shall perform, comply with and abide 6y each and• every the agreements, stipulationi, conditions and
covenants thereof, and of this mortgatte, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and twirl.
n1~Il the mortgagor 1tPrv6y f
urlher covenants and agrees to pay promptly when due the principal and
inferesl and other sums of money provided for in said note and Ihis morlgnge, or either: fo pry all and
singular the faxes, assessments, Ieutes, liabilities, obligations, and encumbrances of every nature on said pro-
perty: fo permit, commit or suf
fPr no waste, impairment or deterioration of said land or the improvements
fherecn at any lime: to keep the buildings now or hereof fPr on said land fully insured in a sum of not less
than
in n company or companies acceptable to the mortgagee, the policy or policies fo 6e held 6y, and payable
to, said mortgagee, and in the event any sum of money becomea payable 6y virtue of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
to the morfg~gor for any surplus; to pry all costs, charges, and expenses, including Iawyeri fees and title
searches. reasonably incurred or paid 6y the mortgagee because of the fnihue of the mortgagor to promptly
and fully comply with the agreements, stipulaf?ors, conditions and covenants of said note and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreements. stipulations, conditions and
rnuenants set forth to said note and this mortgage or either. In the event the mortgagor fails fo pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
morlgnge, or either, IhP mortgagee may pay fhP same, without waiving or affecting the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereo/ of the highest law-
(uI rate 1lIPn allOtl•ed by the laU~s Of the State Of FlOrtda.
~l arty sum of money /tP~Pin re(Prred to 6e not promptly paid within ltj days next niter
the same bPfOmPS due, or if each and every the agreements, stipulations, conditions and couenanla 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, at fhP option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary nofu~ithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constifttlP a waiver of any rights or options under said note or lhfs mortgage accrued or
thereof fPr accruing.
~n ~itneSS thereof, ihP said mortgagor has hPrPllnfO signed and sealed these presents the
day and year first atone tvriflPn.
Signed, alPd and del%I~PfPd In the prPSPncP Of
•-J sep F a en , Jr. '
I -
II
i
{ I - -
STATE OF FLORIDA,
COU\TY OF
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
Joseph Fraumeni, Jr. -
to mc• known to be the prrson described in and who executed the foregoing instrument and he acknowledged
Fxforr me that he executed the same. ~ _
~~'I7:~ESS my hand andQofficial seal in the County and State last aforesaid this `,,til7c:~;_- ~y of
.4.'
~~Notary~ Public - ~ '
. ~ ~ C~ i-
~ My commission expires l L~$~QiZO ' ~ o
? ~
~ 19fi0 APR 15 IlN i~ I $ ~ ; . ~ ~
~ ~ ~ f
f:^ • < . ; , •S. , - ,
: . AT :r.P~ FILED ANC ItECiltlgf.0
' ST-LUCIE CG~ITY.FIA-
t~..{.i:~ ROfaER f
01tRAS
.,,.ti„ ti, ~ r.~i OLERK CNtCU1T C T 1
This hulniufnf~ p~rpn~rr/ 6y:
A~lr/reu IIR~~ PRGE~~ i
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