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HomeMy WebLinkAbout0869..- and shall perform, comply with ti-td abitle by each anc~ yvery the agreements, afipulafioni. conditions and rnvenants thereof. and of this mortgage, then this mortgagR and the estate hereby c-eafed, shall cease, de- termine and 6e null and twirl. Tied 1hR mortgagor Item+by further covenants and agrees to pay promptly when due the principal and tnferrst and other sums of money provided jor in said note and this mortgage, or either; to pay all and singular the fares, assessme-tls, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty; fo permit, commit or stiffer -to waste, fmpairmertl or deterioration of said land or the improvements thereon at arty time; to beep the buildings now or hereafter on said land jolly insured in a sum of not less Than highest insurable value to a company or companies acceptable fo the mortgagee, the policy or policies to Ge held 6y, and payable to, said mortgageR, a-td to the even) any sum of money becomes payable 6y virtue of such insurance the mortgagee shall havR the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor jor arty surplus: to pay all rnsfs, t•hnrges, and expenses, including lawyer's fees and title searches, reasonably inctrned or paid by the mortgagee because of the jailttre of the mortgagor fo promptly and jolly comply u~iflt thR agreements, stipulations, conditions and covenants of said note and this mortgage, or either: fo perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor Jails fo pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or Rioter, the mortgagee may pay the some, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul rote then allowed 6y fhR latas of the State of Florida. ~` any sum of money herein referred fo 6e' not promptly paid within 15 days next after fhR same becomes dtrR, or ij each and every the agreemerts, stiptrlatiorts, conditions and covenants of said note and this morlgatte, or either, are not jolly performed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid 1her+eon, shall forthwith or thereafter, of fhR option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. FailtrrR by thR mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or Ihereafler accruing. ~n ~tt11eSS thereof, 11tR said mortgagor has hereunto signed and sealed these presents the day a-td year first above tt~rtftert. ' Sind sealed nd dR wer chit the presencR oj: . ~ _ ' Umberto DeLuca STATF. OF FLORIDA. Coua•TY of S t . Luc i e 1 HEREBY CERTIFY that on this day before me, an o[ficer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Umberto DeLuca, a single adult to tnc known to be the prrson described in and who executed the foregoing instrument and he ackrtowkdaed before me that he executed the tame. W17'\ESS my hand and official seal in the County and State last aforesaid this day of December A D I9 80. - C -4 P~ 2~ 58 ~` - t9~0 OE c z ~ •;. -;, ill.EO r:ri[ FL"to~ttED Notary Public ~.••~~,; .••'''r ;','. :'', _ st.t.uctF ta~t+tY rt... State of Florida at ~." ~i•• ~'•~ RQGER P 1TRAS ~ - ,~~,~ CLERKttRCWtCOURT /~ My commissio ex ~irg~3' -` ~c~.:'", ~_ ~ U t ' . THIS INSTRUMENT PREPARED 8 `f"k'~ y' ~r:f_^_ ~~- -- ~~ - -',~~.;~ .: Frank H. Fee r' ~~1 d ~~ .~ ,III, Esquire, of 3 ~% •. Fee, Koblegard dt Teel, P.A. rJ~a34~. 11~ ~,~, O ~. • ••" :C~t'~ P. 0. Box 1000 ~ ';~•,'f' ~ -- Fort Pierce, Florida 33450 Iris liwrui„nti prrpnrrd hy: B~It~~ 1'kGE ArlJress