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HomeMy WebLinkAbout0050 } 1 s t ~j } g 9 ,000.00 Part St . Lucie , Floral a, July 31, , l 9 ~ :'Vu. - Ciro Perrotta and Joao~me Perrotta his wife - ajtpr date, jor value received, ~ _ promise to lxty to the order o/ Jesus M. Reyes ffi1d Carn{e[1 N. Reyes , his wife Nine Zt~ousmnd and No/100 DD?.GARS,' c/o Dow Chemical Corp. , ttan Bldg. , Office 601 , Fturtda at at _ -until ufl id. u uA interest thereon at the nta o~ ~I~-----P~~ ~Mt• pri• aaeum from ~ r P° „7pf~it~7CK Thy ranker and endo~s~r o/ this Rote /unher aRrte u~ u~air~ d~mund, n~.ticr u/ now•payment and protest; and in rase suit sAa/l b• bought jor the cdlection h~reo/. or the sane has to b~ eollsrtrd upon demand n/ an atto~n~y. to par ~tasonabfe attorney's Jess /or i 7 making such collection. ~Qmocc (Spar) N per ply 8l Ciro Perrotta (Spat nue I~~__ SEMINOLE FORM taa0 i 1 1 1 i i f 1 AND the mortgagor hereby further covenants and agrees to pa~• promptly when due the prin- ` cipal and interest and other sums'of money provided fur in said nt~e and this mortgage, or either; L to pay all and singular the taxes, assessments, levies, liabilities, obligations and encumbrances of every nature on said property; to permit, commit or suRer no waste, impairment or deterioration of said land or the improvements thereon at any time ; to keep the buildings now or hereafter_ on said land fully insured in a sum of not less than its full insurable value. but in no event less than the amount secured by this mortgage, in a company or companies acce{~table to the mortgagee, the pol- icy or policies to be held by. and payable to, said mortgagee, and in the event any sum of money becomes payable bj .virtue of such insurance the mortgagee shall have the right to receive and a{~- ~ ply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all costs, charges. and expenses, including law~•er's fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptl~• and fully comply j with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; in the event the mortgagor fails to pa~~ wh•_n due am• tax, 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 o{~tion to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lawful rate then allowed b}- the laws of the State of Florida. ! !F any sum of mone herein referred to be not prom tlY aid within thirty da s next after Y p P Y the same becomes_ due, or if each and every the agreements4, stipulations, conditions and covenant.4 of said note and this mortgage, or either, are not fully performed, complied with and abided by. s then the entire sum mentioned in said note, and this. mortgage. or the entire balance unpaid there- ; on, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to pxer- cise any of the rights or options herein provided ~ hall not constitute a waiver of any rights or op- tions under said note or this mortgage accrued or thereafter accruing. i f ~ VC/l ~ R - - - - - - - y:1~ ~ -