HomeMy WebLinkAbout0840 and shall perform, comply with and abide by each and every the agreements, stipulations, eondittons and
eovenanfs lhereoj, and of this mortgage, then this mortgage and fhs estate hereby created, shall cease, de-
termine and l» null and void.
the mortgagor hereby jwther eouenanls and agrees to prey promptly when due the prtnNpal and
interest and other sums of money provided jor in said note and flats mortgage. or either; to prey aU and
singular the faxes, assessments, levies, Itabiliftes, obligations, and encumbrances of every nature on sold pro-
- early; to permit. rnmmit or stsjfer no waste. impairment or deteriorotton of said land or the improuemenb
1her+ecn at any lime: to keep the buildings now or hereafter on said land fully tnaured In a sum of not less
than highest insurable value.
in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and paynbb
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such in=ur+ance the
mortgagee shall have the right to receive rend apply the same to the tndebfedneas hereby secured, accounting
to the mortgagor jor any awpltu: fo pay all costs, chaigea, and expenses. Including lawyer's jeer and title
searches. reasonably incwred or paid by the mortgagee because of the jailors of the mortgagor fo promptly
and fully comply with the agreements, stipulations, eondttions and covenants of said note and thta mortgage,
or either: fo perform, comply with and abide by each and et•ery the agreements, sfipulnttons, rnnditions and
covenants set forth in said note and this mortgage or either. /n the even! the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either. the mortgagee may prey the snore, without waiving or of
fecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law-
f
ul rnte then allowed by the lours of the State of Florida.
l` any sum of money herein re%rred fo 6e not promptly paid within thirty days .next after
the same becomes due, or ij each and every the agreements, stipulations. conditions rend rnvennnts of said
nota and this mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall /orthwith or
thereafter, at the option o) the mortgagee, become rend be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
protided shall not cortsfittrfe a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itneSS thereof, the said mortgagor has hernunto signed and sealed these presents the
day and year firof above tvritlert.
, sealed and delivered i the prPSPI1CP o
"''i4I~VATORE TRIPO
" -
• -
STATE OF ~h~ NEW YORK
COUNTY OF ~,v ,
I HEREBY CERTIFY that on this day, before me, an
~ officer duly authorized in'the State aforesaid and in the County aforesaid to take acknowledg~menur personally, appeared
Salvatoret}Waltraud Tripoli
r
to mc• known to be the persons described in and who caecuted the (oreQo~nq instrument and Who acknowkdgtd
Ixforr me thath~ executed the same.
~~'I'1 i\ESS my hand and officio) seal in the .County and State last aforesaid this ~ ~ day of
~`~~ss~~~•~,ru.,,
~y A. 15. 19 80 ,:••n ~(0 ~o.
tt,.,i~.,.u: a .
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