HomeMy WebLinkAbout1355 and shall perform, comply with and abide 6y each and etwry the agreements, stipulattoris, eondtttons and
rnt+enants thereof. and of this mortgage, then this mwfgage and the state hereby croated, shajl cease, de-
tiermine and bs retell and twirl.
. the mortgagor hen+by further covenants and agroes fo pay promptly when dw th. principal and
inferes! and other stt?ru of money provided jo? in said note and this mortgage. or either: to pay aU and
singular the taxes, assessments, levies, ltabiGltes, o6ltgntions, and enctunbrartces of every nature on safd pro-
perty: to permit, commit or suffer no waste, iritpairment or deterioration of said land or the improvement
therrcn at nny time: to beep the buildings now or hereafter on said land fully insured to a stem of not less
than
in a company or rnmpanies acceptable fo the mortgagee. the policy or policies to bs held 6y, and payable
to, said mortgagee, and in the event any stun of money becomes payable by virtue of such iruttrnnce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby :ecttred, accounting
to the mortgagor /or nny stuplus; to pay aU cost:, charges, and expenses, including lawye'
a fees and title
searches, reasonably incurred or paid 6y the mortgagee 6eeause of the jailtu+e of the mortgagor to p?ompfly
and fully comply with the agreements, atipulationa, rnnditions rend covenants of said note and lht mortgage.
or either: to perform, comply with and abide 6y each and every the agreements, atipulnfiorta, conditions and
covenants set forth in said note and this mortgage or either. /n the event the mortgagor fails to pay when
due nny fax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage. or either. the mortgagee may pay the same. without waiving or affecting the option to foreclose
or any other right hereunder, and all such payment ahaU bear interest from date thereof at the highest law-
f ttl rate then allowed by the laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within 'I~llrty days next after
the same bernmes due, or if each and every the agreements, stipulations: conditions and covenants of said
note and this morigoge, or either, are not fully performed. complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon. shall forthwith or
thereafter, at the option o{ the mortgagee. become and be due and payable, anything in said note o? herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the right or options- herein
prat+ided shall not constitute n waiver o/ any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~he~eof, the said mortgagor has hereunto signed and sealed these presents the
day rend year first atone «+ritten.
Sign d, sealed and delivered in the presence of
•
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ITI '
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E
STATE OF FLORIDA,
COUNTY OF Indian River
I HEREBY CERTIFY that ao this day. before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personalty appeared
JOI-Hd SQUTTIERI and CAROL A. S~IITIERI, his wife
to me known to be the persoe$ descn'bed in and who ei;tcuted the foregoing instrument and they acknowledged
before me that they executed the same.
WI1-NESS my hand and official seal in the County and State last aforesaid this 5th day of
l~ida/ A. D. 19
196a 1~,r1Y I S P~. 2~ 23 ~
F LEC RltC'~~ Gi,FiiiO J ~ ` a / ~lir f, ~ ~r~ +
c~ LI;CIE CQGNTY.FI A. ~ ~
` ~ POGEft PQITRAS tv - <; • ~ .
CLERK CIRCUIT CCURi~-~
nus twsnlu,,terr rllEr~irFO or
F ~ l7iis hutrunuvtt prrpnrri! by: ~ sc~oet
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