HomeMy WebLinkAbout0487 and shall perform, comply with and abide 6y each apd every the agreements, stipulationi, conditions and
covenants thereo~, and of this mo?tgape, then this mortgage and the estate hereby crusted, shall cease, d~-
termine and be null and twtd.
the mortgagor hereby further covenants and agrees !o pay promptly when due the pNncipal and
interest and other sums of money provided for in said note and this moMgoge. or either; to pay all and
singular the taxes, asst:smenls. levies. Itabtliltes. obligations, and ~nctunbr+aneea of every rtafttre on said pro-
perly; fo permit. commit or suffer no waste, impairment or dsfeNor+atton of said land or the improvements
Iherrcn of any time: to 4eep the buildings now or hereafter on said land fully insured in a sum of not less
than FULL INSURABLE VALUE
to a company or companies ameptabls to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event any stun of money becomes payable 6y virtue of such insurance the
mortgagee sholl have the right fo receive and apply the same to the tndebtednesa hereby secured. accounting
to the mortgagor for any sttrpitts; to pay all costs, charges, and expenses, including lawyer's jets and Ntlt ~ '
searches, reasonably tncrtr?ed or paid by the mortgagee because of the jailttre of the mortgagor to promptly
and fully comply wish the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perform, comply with and abide 6y each and every the agreements, sfipulatto?u, conditions and
covenants set forth to said note and flits mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premttun or other sum o/ money payable 6y virtue o/ 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 payments ihnll bear interest from date fhereo/ at the highest law-
fttl rate then allou?ed by rbe laws of the State of Florida.
any sum of money herein re~erred fo be not promptly paid within fifteen days next of
ter
the same becomes due, or fj each and every the agreements, stipulations, conditions and rnvenanb of said
note and this mortgage, or either, -are not fully perjon?ted, complied wish and abided 6y. then flit entire
sum mentioned in said note. and this mo?fgage, or the enttre balance unpdd thereon, shall forthwith or
thereafter, at the option of the mortgagee, bernme and 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 optioru herein
provided shall not consfittrte a waiver o~ any rights or options under said note or this mortgage accrued or
thereafter accruing. _
~n ~~ult'SS ~he~eof, the said mortgagor has herrunto signed and sealed these presents the
day and year first above written.
, s led and delri~e in th presen
f Q
0 MAIO N
ONCETTA MAIO NO
STATE OF FLORIDA.
COUNTY of ST. LUCIE
I HEREBY CERTIFY that on this day. before me. an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknawkdamenu~ personally appeared '
ANGELO MAIORANO and CONCETTA MAIORANO, his wife
to me known to be the peisonS descn'bed in and who executed the Eorcgoirgf instrument sad they acknowkdaed
before me that they executed the same. h
WITNESS my hand and official seal in the County and State last aforesaid this ~ / ~ day oI
' ~ ~ A. D. 19 80
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C G~u~~~ ,
~•~••Noi:ary:~'Publ~ic;~•S ~a a of~"•Fte~a~3~L~
My Commission Ex Tres : lqQ~ Large ; ,~47~,"
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