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HomeMy WebLinkAbout2131 • ' - ----1- _ - _ _ - - _ and shall perform, comply with and abide by each and every fits agreements. sftpulatioris, conditions and eorenants thereo/, and of this mo?tgape, then this mortgage and the estate hereby c?eated, shall cease, de- tetYrtine mid be null and void. the mortgagor hereby further covenant: and agrees fo pay promptly when due the principal tutd interest and other sums of money provided for in said note and fht moHgage. or either; fo pay all and singular the fares. assessments, levies, liabtlilies, obligaltons. and encumbrances of every nature on said pro- perty: to permit. commit or suffer no waste, Impairment or deteriorotton of said land or the improvement lher+eclt of arty time; fo beep the buildings now or hereafter on said land fully Insured to a sum of not less than highest Insurable value. In a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to. said mortgagee, and in the event any sum of money becomes payable 6y virtue of stub insurance the mortgagee shall -have the right to receive and apply the same to the indebtedness hereby secured, accounting fo the mortgagor for any sttrpltts: to pay all costs. c~targes,'and expenses, including lawyers fees and title i searches, reasQnpbly incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and !ha mortgage, or either: to perfo?m, comply with and abide 6y each and every the agreements. stipulations, eondifions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tux, assessment. `fnsuronce premium or other sum of money payable 6y vtrlue of said Hole and this mortgage, or either, the mortgagee may pay the same, without waiving or of fectfng the option to foreclose or any other right hereunder, and all such payments shall-bear Interest from date thereof at the highest law- (ul rule then allowed by the laws of the State of Florida. ~L an sumo money herein ref erred to be not promptly paid within Thirty days next after y f the same becomes due, or iJ each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not jolly performed, complied with and abided 6y, then the enfi?e ; sum mentioned in said note, and ibis mortgage, or the entire balance unpaid thereon, shall forthwith or ~ thereafter. at the option of flee mortgagee. 6econte and 6e due and payable, anything in said note or herein to the rnntrary nofu+ithstonding. Failure 6y the mortgagee to exellCise any of the rights or options herein provided shall not constitute a wait+Pr of any rights or options under said note or this mortgage ncrnled or thereafter accruing. ~n ~/ul~s whereof, f{tP said mortgagor {tas {IPretlnfo signed and sealed these presents the day and vear first n{MI+P a+riflPn. Sig/IPd. 1Pd a/ld delit'PrPd i1t t{IP~ pre51'IIfP Of F' the To, Sorre ino y _ ilitness~~ ~ Silvana S rent no E ~ City of Toronto, in the Municipality 6 t of Metropolitan Toronto and Province of Ontario, . t• x~'i~~cB4~R~rrlc ' CnUNTY OF York I HEREBY CERTIFY that on this day, before Ille, an officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared Tony Sorrentino tY Silvana Sorrentino, his wife to me known to be the persor8 described in and who executed the foregoing instrument and Who acknowkdRed (afore me that they executed the same. H'I7~,tiESS my hand and official seal in the Gunty and State last aforesaid this 11th day ~ I April A. D. 19 8U. t 4 X5429 NOTARY PUBLIC - DANTE M. DE MONTE,Q C. _ ~ ~9~0 fit t -S ~ 24 MY COMMISSION EXPIRES : Fem. ~f~="ti. - filEOI.HL FFCI;t!~~Ei~ - _ S'f.U1CiE COUNiY.FLA. ~'~r:I~ 1[TE s• I Qtt?GEft f't)ItRAS ~~~Y• •e.e~;. t;' , j~ Rit CIRCUI! f.QURj n , i °i ' K ~ '.~.J ` ~ .e w_ ~ , cv0 PREPARED BY' CHELSEA TITLE ~ GUA • ; '~ltyyHlCH 0000 S. U. S. 1. PORT ST. LUCIE, £t-a~~4 ,t0 T.rIL IhIS Illl//1/A/('i1/ p/l'f)(i7CY~hy: INSTRUt/:ENT WAS PREPARED INCt~L~r1T. _ WRITING OF A TITLE IIySURANC~ P_OLICXK ~ . ~ifr~R [ IR er•~r~ p~q:~~~