HomeMy WebLinkAbout0238 and shall perform, comply with and abide by each and every the agreements, stipubttona, rondiliont and
covenants thereof, and o) this mortgage. then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and void. •
~Ild the mortgagor hen~by further covenanta and agrees to pay promptly when due the principal and
interest and other sums o) money provided for in said note and Ihta mortgage, or either; fo pay all and
singular the faxes, assessments, levies, liabilities, obligations, and encumbr+nnces o) every nature on said pro-
perly: to permit, commit or suffer no waste, impairment or deferiorofton of said land or the improvements
thereon at any time: to deep the buildings now or herea)ter on said land )ally insured to a sum o) not Leas
than SBVBN THOUSAND 1$RBB RUNDRSD SBVSNTY SBVBN DOLLt1RS ---60/100-----------------
in a rnmpany or companies neeeptable to the mortgagee, the policy or policies fo be held 6y, and pnya6le
to, said mortgagee, and in the even) any sum of money becomes payn6le 6y virtue o) such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceounftnp
to the mortgagor for~any surplus: to pay all costs. charges, and expenses, fncltuling lowye'a )sea and 1ttle
searches, reasonably inctrrced or paid by the mortgagee bernuae o) the )nilure o) the mortgagor fo promptly
and )ally comply with the agreements, stipulations, conditions and rnvenants of said note and this mortgage,
or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor )ails to pay when
due any tax, assessment, instuance premium or outer sum of money payable 6y virtue of said note and this
mortgage,'or either, the mortgagee may pay the snore. without waiving or affecting the option to )oreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest Iaw-
Itrl rate then allowed by the laws of the State of Florida.
Dl arty sum of money herein referred to be not promptly paid within days next after
the same hecomes due, or if each and erery the agreements. sfiptrlations. conditions and covenants o) said
note and this mortgage. or either, are not fully per/ormed, 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 of the mortgagee, become and 6e due and payable, anything in said note or herein
fo the contrary notu?ithstanding. Failure 6y the mortgagee to exercise any o) the rights or options herein
provided shall not constitrite n « Waiver of any rights or options under said note or this mortgage accnred or
thereafter accnrinp.
~n ~itntSS whereof, the said mortgagor has hereunto signed and sealed these prgsents the
day and year first above « Britten.
. i ted, sealed Qnd d ~I~PfPd in the presence of: ,
- - - - _ t~
Reath R.` Pietrosante
- °'t rends B Pigtro e
STATE OF FLORIDA,
coU~rTY of St.Lucie -
I !{EREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Keith R. Pietrosante and Brenda B. Pietrosante, his tiife
to m.• known to tx- the prrson s described in and who a:ecutcd the forcgoinq instrument and they' acknowkd~ed
before me that they a:ecuted the same.
't " =i
N' T\F.SS my hand and official seal in the (:ounty and State last aforesaid this .SLC ~-;~,~a~r :of
~ ~ ,
L
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~TnRY MJll1C STATE Of - t~
!,maps / MT CQMMISSION E7~IRB A~C ~;f96
T?Mf! GB~AI INS
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CLERK CIRCWT EOUiIT
F_cra~ vt'rlfr-
%tic /nslniaa•it/ prrFrlrrJ /y: Jackie Talamine
~1~/~/rr-sr Southeast First National Bank of Ft. Pierce -
i P.O, Bos 970, Ft. Pierce, Fla. 33450 60d ~!'~~Q P~