HomeMy WebLinkAbout0987 ond ~hall per(orm, compiy wit~ and nbide by tnch and every t~?e agro~menb. ~tlpujatloni, cor?ditions and
' ooreiwnti tl~ereoj, and o/ thta mortea~e, tl~en t1~1a ~nortgags and the eitate 1?.~by creatsd, ahaU c~ws, d~-
, t~nntne and 6e null and void.
7i1Ni !he mortgagor heroby (urt~er rnuenanta and agres~ to pay prorr?ptly u~I~~n dw t~ principal and
t~teres! and ofher sums of money provided fo~ in sald nole nnd fkia mortgag~, or eit~er: to pay aii a,~d
~i~gular t~e taxes, assessmenta, ~e~le~, ~Iabil~tiea, ob~fgattoru, astcl encumbr+artoai oj everp nature on antd pro-
perty; to pennit. coerimif or suf~er no wmte, impairment or deterla+ation o` aatd lar?d or th~ improvon~nb
theroon at any time; to kepp the 6uildtngi now or I~erra(ler on ~aid [a?~d Jully in~w~ed tn a ~wn oJ not lasi
t~ full insurable value.
tn a company or companles acceptu6~e to f~e mortgagee, tke po~icy or po~iries to 6e held 6r. ~d ~xi~bb
to. ~aitj mortgagee, aru~ !n t~e euent any aum of money bei,~ome~ ~yn61e 6y vtrtue bf iuck i~uwance t~
mwlgagee s~n~~ have t~e right to recetve nnd applq the iame to ll~e ir~debtedness hero6y aecurod, aocountlnp
to t1~e mortgngor ~o~ any aurp~ua: to pny a~~ c~oats. c~arges, ant~ expenie~. inclu~ing jacuyer i f
eei and tit~
securhe~, reasonab~y tncun+ed or paid by the mortgogee becnwe oj the ~ai~ure o~ t~e mortgagor to pro~eipthr
and ju~~y co~np~q with the agreements, atipu~ations, condtttona and covenanfs o/ aatd note nnd thia mortgae~.
or etlher; to perform, comply wit1~ and abide 6y eacF~ and euery the agreemenb, itlpulntions, candittona nnd
covenants set (orth in said note and tbia mortgagt or eif~. ~n the enen! !ke ntortgngor ~dV !o pay w~n
d~ ~r e~r, aasesamenl, insurnnce premiwn or of~er sum o~ ~„~n.y ~~6~ 6y virlue o~ tatal note and t~i~
matgage, or either. t~e mortgngee may pny t~e awne, wit~?out watvtng or a~~ecttng t~e option to ~orec~os~
or any other rigl~t I~ereunder, and alI suc1~ payneents ~kau 6enr tnterest from c~nte thes+eo~ at ihe ~ig~nt ~atn-
~uI rate then allowed by the lau~s o( the State of F~orida.
~l any sum oj money I~erein reJerrec~ to be nut promptly paid wit/~in 30 day~ next ajtar
t~e aame becomes c~ue, or if each ancj every t~e agreements, stipu~ations. conc~ltions and co~enanb o~ aaic~
note and tl~is mortgage, or either, are not Jully ~~ormed, complted wtth nnd abtd.d 6y, then tlte entiro
~[un mentior?ed in aaid note. and t1~ta mortgage, or t{?e entir~e bclance unpaid thereon, i/iaU (ortF~tulth or
thena~ter, nt the option of t~e mortgagee, 6eeome w~d 6e d~ ~d ~ya6l~, nnything tn saitl note or ~er~etn
to the contrarq notmithstanding. Fallure by t6e mortgagee to exee+ctse any o~ the rig~fs or optiona h~nein
prov~e~ shn~~ not constitute a waiver of any rig~ts or optiona under said note or t~iir mortgage accrued or
t{~eren~ler accruing.
~n ~~~1~ the aaid mortgagor hns Feereunto aigned and senled tl?eie presenb the
s day and year Jirst aboue u~rttten.
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Sfgned, sealed and deliuered in the presence o):
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` STATE OF FLORIDA, ~
cournv oF S t. Luc i e
I HEREBY CERTIFY that on thit day, beforc me, an
officer duly authorized in the State aforetaid and in the County aforeuid to take acknovrkdgments, penonally appeaeed
WILLIAM LOBRUTTO and ANGELA M. LOBRUTTO, his wife
to me known to be the penon S deuribed in and who executed the forcgoing instrument and they acknowkdsed
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= beforc me that they cxecutcd the ~ame.
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~ WI1'NE55 my hand and official seal in the County and State l~st atoresaid this , da~ of
5~ ~7Uly A. D. 19 86
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(rpt~ry PubliC SbY d Florid~ C
~n uon'E~qirp A~ 17,.19~ ,
MY C~ ~
~e tan, T~r wp ~.~c:. w~ '~'"'~~~:i4
~ '86 ,1+.~~ 17 A11 :04
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E ST. L~_ .
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I"~~'~ P~~ by~ Harold H. Goldman, Esquire
Add~s 10020 South Federal Highway
UR C~~ Port St. Lucie, Florida 33452
: aoox 7 ~,~c~ ~~5 ~
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