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and shall perform, comply urith and abide by each and every the agreements, atipulotion's, conditions and !
covenants Ihereoj, a?td of this mortgage, then this mortgage and the estate hereby created, shall cease, ds- i
termine and he null and void.
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Tin IItP mortgagor hereby (ttrlher covenants and agrees to pay promptly when due the principal and
interest arld other st/nts of money provided for in said Hole and this mortgage, or either: fo pay all and
singular the fares, assessmP?Ifs, levies. Iial,ililies, obligations. and enctlmbro?tces of every ?lature on said pro-
perly: fo permit, commit or suffer no waste, impairment or deterioration of said land or the improvement
IhPrecn al any limp; to [tPep the buildings now or hereafter on said land jolly insturd in a sum of not les:
than
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i?t a company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee. and in the event any sum of money becomes .payable by virtue of such insurance the
mortgagee shall have the rtghl to recPlve and apply the same fo the indebtedness hereby secured, accounting
to the mortgagor (or arty st/rpltls; fo pny all costs, chal=pes, and expenses, including lawyer's fees and title
searches, reasonably incurrnd or paid by the mortgagee because of the failure of the mortgagor to promptly jj
and jolly r•omply tvifh the agreements, stipulations, conditions and covenants of said note and this mortgage.
or eilller: fo perform, comply uritlt and abide 6y each and every the agreements, stipulations, cortdifions anti
cove?larlls set jorlll in said Hole and this mortgage or either. )n the event the mortgagor jails to pay urhen
due any tax. assessment. insurance premium or other sum of money payable by virtue of said note and Phis
mortgage, or either, the mortgagee may pay the same. without waiving or of
jecfing the option to foreclose
or any other right hereunder, and all such payments shall bear interest from dale thereof of the highest hlw-
(ul rate Ihen allotvcrl I,y the laws of the SIa1P of Florida.
~L any sum of munev ?IPrein re(PrrPrl fo be not promptly paid within days next after
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of snid
note arld Ibis ntorlclage, or eftller, are rtot fully performed, complied urith and abided 6y, then the entire
sum me?ttiorted in said mole, artd this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at flle option of the mortgagee, bPCOmP and 6e due and payable, anything in said note or herein
to fhP contrary nohvilllslandinry. /'ailurn by the mortgagee to exercise any of the rights or options herein
provided shall not canslihlle a waiver of ruty rights or options under said note or this mortgage accrued or
thereafter an-nling.
~n ~itneSS whereof, 111!' sold mortgagor ?IaS Ilerellrlfo StQnPd and sealed Ihese presents the
day and year first above IvrillPn.
Signed. sealed and delirered in the prrsenre of : 1
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Wi3,~iisin ~`au r .
~~-=lc~s? ~ `L~-~..~C,</.-,,.~hw..-- ~ t--~ - scat ~ ?iv -
~ - - - - - --ice
Eva M.~~ Faugno
• - ~LjJ ~ -
t - Ann: Faugno
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STATE OF 3~.1,
¢ I ttEREBI' (:ERTIFY that on this day, before me, an
~ ~ officer duly authurired in the State aforesaid and in the County aforesaid to takr acknowledgments, personally appeared
~ William Faugno, Jr. and Eva M. Faugno, husband and wife and
f~ Judith Ann Faugno, unmarried
f to me known to Ix~ th~• p•rson g described in and who executed the forcgo~nq instrument and they acknowltdged
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before me that they executed the same.
1'17 \ESS me hand and official seal in the Count- and State last aforesaid this day of
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My commission expires: y
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(ter' ~„e', FR~C ANt'kl; Y~t A
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Si GERC'iQ?ItiflA~
~ r ` ~ ~ Ci.ERK CIRCUR CQUN~O f~
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kzr :Rif ~"Stitt*~ -
4~398U
CHICAGO TIriE INS.. CO.
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!lira I»slnunr'n/ PI(~NIr'rl hy: Carla ElLrecht
653 COLORADO AVE -SUITE 4
%1rl~l~r='~ STUART, FLORIDA 33494 itK~ 7~
er~~3~ PdGf2l~vv
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