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and :hall pe?/orm, comply with and abide 6y each and et?ery ll~e -agrwments, stipulationi. conditions and
col?enanls fhsreo% and of this mortgaps, then this mortgage and the estate hereby crated, shall cease, de-
termine]~and~ 6e null and twtd.
~1111~ the mortgagor hereby f
urthar covenants and agrees to pay promptly when dw the principal and
irtferesl and other sums of money provided for in raid note and this mortgage, or either: to pay nll and
singular the taxes, assesamenls, levies. Iiabllilies, obligations, and encttmbronces of every nature on said pro-
perty: fo pennil, commit or silt
jer no waste, impairment or deferiorotton of sold land or the improvements
thereon at any lime; to keep the buildings now or herrajter on said land fully Insured in a stun of not Lets
Ihan highest insurable value
to a company or companies acceptable fo the mortgagee. the policy or policies to be held 6y, and pnya6le
to, said mortgagee, and fn the event any stun of money becomes payable 6y virtue of stub insurance the
mortgagee shall hove the right fo receive and apply the same fo the indebtedness hereby sects?sd, accounting
to the mortgagor for any su?pltls; fo pay all costs, charges, and expenses, tncltsdtng lawyeri feel and Idle
. searches, reasonably incurred or paid .by the mortgagee because of the jatltu+e of the mortgagor fo promptly
and fully comply with 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, stipulations, eondillons and
covenants set forth in said note and Ibis mortgage or either. In the event the mortgagor /ails to pay when
due any 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 wnivtng or of
jecfing the option to foreclose
or any other right herntrnder, and nll such payments shall bear interest from date thereof at the highe:t law-
ful rate then allowed by the laws of the State of Florida.
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any sum of money herein referred to be not promptly paid within -lU- days next after
the same becomes due, or ij each and every the agreements, stipulations, rnnditions and rnvenants of said
rota and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the ~opfion of the mortgagee, become and 6e due and payable, anything in said note or herein
to the rnnlrary nolwifhsfanding. Failure by the mortgagee fo exercise any of the rights or options herein
provided shall not conslilttte a waiver of any rights or options under said note or--Ibis mortgage accrued or
thereafter accruing. `
~n ~t~~SS ~h~tof, the said mortgagor has hereunto signed and sealed Iheae presents the
day and year first above tvriffen.
Signed, sea a Iiv in the ence oj_
uciolph F. Vallario
- -
- Gloria M, Vallario
ff
I
STATE OF FLORIDA,
coutirrY QF St . Lucie
t HEREBY CERTIFY that on this day.~betore me, an
officer duly authorized in the State aforesaid and in the Gounty aforesaid to take acknowledgments, personally appeared -
Rudolph F. Vallario and Gloria M. Vallario, his wife
•
to me known to be the person S described in and who executed the foregoin; instrument and they acknowledged
heforr me that they executed the same.
N.1'~'Ii1tiSS my hand and official seal in the County and State last aforesaid this ~ ~j ~ day of
. , - i?. D. 19 8 ~ .
V f••••N•••• ~ t~
DoT a y :<~3~, ~ ~ - .
Y = _ Notary ~iblic
~ ~ ~ ~ t p- -:v~`~ ~i ~ ~ State of Florida at L~~~,;y,K, State of ~s d
l U 3 L 1•'~'`~• - ~ My commission expires • s;uo ~
~ ,4'~.'~' ~ ~ 500456
, - ~ IS
- fl~tC jK: FECC~i:f U
Si.I.OCIE CO;atiY.ftA.
ROGER FOITRa5
!7'ia hulrrirnar~ pnpnrrd hy:
Addrrsr
X339 P~ 47i ~
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