HomeMy WebLinkAbout1078 .y
and :hall perform, comply uTith and abide 6y each -and every the agreements, sltpulotioris, conditions and
covenants thereof, and o/ this mortftaste, then this, mortgage and the estate hereby created, shall cease. de-
fPlmille alld be ?udl and void.
lkl~ fhP mortgagor hereby further rnl%ertn?tfs anti agrees fo pay promptly when due the principal and
interest and other sums o/ money provided for in aatd note and this marlgage, ar either; to pay all and
singular 1hP fares. assessments, levies, liabilities, obltgafiona, and encumbroncea of every nature on snid pro-
perty; to pPrmtl, commit or sutler no waste. impairment or deterioration of said land or the improvements
IhPMCrI al any IimP; to l{PPp IhP buildings nou+ or hares/far on said land fully insured in a sum of not less
than its highest insurable value
in n comtsany or l~omparlies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, artd in the event any sum of money becomes payable 6y virtue o/ such instuance the
mortgagPP shall have the right fo raceive and apply the same fo 1he Indebtedness hereby secured, accounting
to fhP mortgagar for any surplus: !o posy all costs, charges, and expenses, including lawyer's lees and title
searches, rPasortably incurred or paid by the mortgagPP becatuP o/ the /ailsue o/ the mortgagor to promptly
and lolly comply with !hP agreemerlfs, stipulations, conditions and covenants o/ said note and this mortgage,
or eillter: to pP?/o?m, comply u?ith and abide 6y each and every the agreements. stipulations, condilioru and
cot+ena?tts set forth in snid note and this mortgage or either. In the event the mortgagor jniL to pay when
due any tax, asseessment, insurance premium or other sum o/ money payable 6y virtue o/ said note and this
mortgage. or PltllPr, the mortgagPP may pay the same, without waiving or a(f acting the option to foreclose
or any other right hPrptl?sder, and all such payments shall bear interest Jrom date thereof nt the highest law-
(ttl rate then allowed by the tau+s of the Staff o/ Florida.
~l any sssm o/ money herein referred to be not promptly paid within teri (10) days next after
1hP same bPCOmPS due, or i f each and every the agreements, stipulations, conditions and rnvenants of said
note 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 /orthwith or
thereafter. of fhP option o/ the mortgagee, become and 6e due and payable, anything in said note or herein
fo the contrary notwithstanding. ?=ailure by the mortgagee to exercise any o/ the rights or options herein
pnoi%itlc-d Shall not conStitillP a UiaiiTPr 8f ally rights Or Options under Said note 6r this mortgag8 accrued ar
thPtPaf fPr ac('?uing. -
~n ~ttfleSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first abot+e u+ritfen.
Sig ed, Baled and delivered in IhP presence ~ e
- ~ /V
• O A. ALOISI
i
-STATF. OF FLORIDA.
COU\TY OF St. Lucie
I HEREBY CERTIFY that on this day, before me. an
officer duly authorized in the State atoreuid and in the County aforesaid to take acknowledgments, personally appeared
i JOHN A. ALOISI
to me known to be the person described in and who executed the toregain~ irutrutnent and he - -acknowkdsed
before me that he executed the same.
~YI7:\ESS my hand and official seal -in the County and State last aforesaid this day o[
l!.' L~L.~1 t i w. D. 1980.
_ ~ _ ~ ~ r
ST.L. . _ ~ t.A. - -
= { , - - Nota y Public ; .,101v
R~~' - : :z; State of Florid"ti}~`¢~ Large, -
I'.!'r .5 ~ 35 ~i~ r~0 My Commission Exp~Lre~': ~ /
0
l ~~1.i~
•
!'%u I,uln»nc»
~ prepr~icJ by: dory C. Teel, III
Addirss FEE, K08LEGARO & TEEL, P,A. P~~O~
- P. O. BOX 1000
FORT PIERCE, FLORIDA 33450
- y_ ~._.r._ _..,~.:~n