HomeMy WebLinkAbout0572 and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
rnuenants thereof, and of Ihis mortga(e, Ihen this mortgage and the estate hereby created, shall cease, de-
termine and be null and tbid. .
the mortgagor hen+by further covenants and agrees to pay promptly when due the principal and
interest and other sums o/ money provided for in said note and thts mortgage, or either: to pay all and
singular the faxes, assessments, levies, liabilities, obligations, and encumb?+ances o/ every nature on said pro-
perly; to permit, commit or sttf(er no waste, impairment or deteriorofion o/ said land or the improvements
therecn at any time; fo keep the buildings nou• or hereafter on said land fully insured to a sum of not leas
than
in a company or comps?ties 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 such insurance Iht
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any sttrpltts; fo pay all costs, charges, and expenses, including lawyers fees and title
searches, reasortably incurred or paid 6y the mortgagee because o/ the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, 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
covenants set forth i?t said note and this mortgage or either. In the event the mortgagor /ails to pay when
due arty tax, assessment, i?tsttrance premium or other sum of money payable 6y virtue aj said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or of/ecting the option to foreclose _
or any other right hereunder, and all such payments shall bear interest from date fhereoj at the highest law-
ful rate then allotvetl by f?te laws of the State of Florida.
~l any sum of money herein re(PrrPd t0 be not promptly paid within days next after
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and thfs mortgage, or either, are not fully performed, complied with and abided by, Ihen the entire
sum mentioned in said note, and Ibis mortgage, or the entire balance unpaid thereon, shall forthwith or '
thereafter, at the option of the mortgagee, 6ernme and 6e due and payable, anything in said note or herein
to the contrary notu~ithstandirtg. Failure by the mortgagee fo exercise any of the rights or options herein
provided shall not constihtfe a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing. -
~n ~~tness thereof, the said mortgagor has hereunto signed and sealed these presents the
day a?ul year first rebore tvriffen.
Signed, sealed and delivered in flt~ presence o(: - .
Jo eph Fraume
i
STATE OF FLORIDA,
~ ~ I tTEREBY CERTIFY that on this day, before me, an
officer dulq authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Joseph Fraumeni
to me known to be the person described in and who executed the foregoing instrument and he acknowledged
}afore me that he executed the same.
X1'1"1'\ESS my hand and official seal in the- County and State last aforesaid this ;~ay of
.
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180
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SLLl,CIF C41.^tTY.f l A. . 0
RCG~RPOITRQ5 NOtARV PJEL~C SiAiE Of f10RIDA AT IARi(iE r
e l~I:RK CIRCUIT CCL' T
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~ Ch~CAGO TITLE INS. CO.
Thu Lulnnn~n~ prrpunrl hy: Carla ElLrecht ry~
nr/ilrrxt b55 COLORADO AVE -SUITE 4 60~?lRlJJ~, Pecf 572
STUART, FLORIDA 33494
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