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HomeMy WebLinkAbout2066 u - ~ { , ~ and shall per~orm, comply wilh and abtde by eacl~ nnd et~sry tl~e ogreententa. ~tlpulntiona, conditioru and conenanls the?c~oJ, and oJ t1~is morlga~e. lhen Ihis mo?tgage ond tl~e estals f~e.b6r crooted, sl~all cea~s, d~- ter?ni~~e and be nidl and i~oid. ~ s nIL1a fhe morfgaflor {~en:6y (urftier couenanfs nnd agrees to par pr~omptly when due !he princ~pal and ~ inferesl anc~ ofher sums o( money provider~ ~or in snid note ont~ f~eis morlgage, or eif~er; to pny a~~ nnd ~ 7 singular the ta.res, assessmenls, leuies, lia6ililies, o6ligalFons, und encum6rances o/ e~ery naturs on said pro- perly; !o permit, commit o~ suj/er no wasfe, impairment or deterio~+ation o~ auid land or the improveme?ltt ~ ~n~rr.~n ut any time: to kpP~ thp 6uildinps now or I~ereajt~r on said lnnd /ully insured in a sum o) no! leu , t6an highest insurable value ~ in a com~ny or companies accepta~~e to the morfgagee, !~e po~icy or po~icies to be he~ ~y, ancl pnyn6le to, saic~ morfgagee, an~ in ftie? even! any sum oJ money becomes ~ya61e 6y virtue o( such insurance t~e ~ moriga~ee shall l~aoe 1{~e rigf~t to rereive and apply the same to the indebtedness here6y secured, amounting ~ to Ihp mortga,ryor lor any su~p~us; fo pay a~~ cosls, c~a~ges, anc~ @XPBIISPS, inc~udin ~awyer~s ~ g /ees and title ~ searc{~es, reasona~~~y incurre~ or paid 6y the morfgagee because o~ ftie ~ai~ure o( ttie morfgagor fo prompfly ; and /ully comply with the agreemenls, stipulalions, conditions and covenants o/ said note and Il~is mo?tgnge. ~ or eif~er; to pe~orm: comply with nnd abide 6y each and euery lhe agreements, stipu~ations, condifions and conena?ifs sef (ort~ in said ~ote nnc~ t~is mortgage or eilher. ~n the event !he morfgagor Jni~s to pny w~en ~ due any tax, assessment, insurance premium or other sum oj money paya6le 6y i~irtue oJ snicl nofe and this ~ mortflage, or pil~ier, f~e mortgagee may ~xiy ~hp snme, withouf urniving or a~~erting fhe oplion lo forec~ose or any olher ri~{~t tiereun~~r, and all sucl~ paymenfs sl~all bear inter~st from date tbereof nt t1?e higl~est Inw- ~ ~:e~ rnte 11~Pn allotved ~~y f{~e laws oJ the Stafe o) Florida. ~ it nny sum oJ mon~y ~erein refarr~ fo he not prompl~y pnic~ u~ithin ten t~ays next n~ler ~ thp samp ~~ecom~s ~ue, or iJ encti an~ ptrery t~e ugreemenfs, stipu~afions. con~itions an~ covenanfs o~ said ~ note and 1{~is morl,yanp, or PIIltP~, are not (ully per)ormed, complied witl~ and a6ided by, then the entire sum ?nenfioned in said note, and t{~is morfgage, or fhe eneire balance unpaid t/~ereon, sl~nll Jorll~witF~ or ~ thereaJter, al tl~~ option of tl~e mortga~ee. 6ecome and be due nnd papa6le, nnqfl~ing in snid note or ?~erein ~ fo Itie c-onfrary nolu~ifhslanc~ing. Fai~urp by the morlgagee to exercise any oj ttie rig~ls or options herein ~ pronic~ec~ s{~a~~ nol consfilute a u~ninpr o~ any righfs or options under saicr note or this morfgage accruec~ or ~ thereaJl~r acc•ruiriq. s ~ ~n ~~ln~~ ~~~D`~ f~p sait~ mortgaqor tias hereunlo signe~ nnd sea~ec~ these presents fhe ~ day an~I year Jirst A~OI~P u~riltert. This is a BALLOON MORTGAGE and the final payment or the bal n e au upo m turity is $9765. 92, together with accrued interest, if a y,' and Signecr. Spa~p.~ond ~p(i~~~r~~ ~p pr~sencP oJ: 11 advancements made by the ortgagee der / m the terms of this mor a e. . - ---`~~--.-•~-t . - - - ~ . . . - - - - ~ ~ John H. Riggle, Jr. ~ • - ~ - - - - ~ - - - - ~ ; ~ - , . ~ ~ ~ ~ . - - - - - . - - - - - - ~ , - -~f-~~ ~ T ~ ~ ~ Marie A. Y. ~'1 le ~ - - - - ~ ~ ~ - - - - - - - E g--~ . i . E E j • ~ f 1 ~ ~ ~ STATE OF FLORIDA. ~ ~ COLNTY c)F St. Lucie I HEREBY CERTIFY that on this day, betorc me. an R o(ficer duly authorized in the Stat~ atorrsaid and in the County aforesaid to tak~ acknowledqments~ penonally appearcd ~ 4 ~ John H. Riggle, Jr. , and Marie A. Y. Riggle, his wife ~ to me known to b~ the personS dexribed in and who executed the forcgoinq instrument and ~ey ack~?owkdgcd ~ 5 txforc me that ~1@~/ ~x~cuted the sama F ; WI7~\ESS my hand and officia) teal in the County and State last aforesaid this ZDY~1 da ot ~ 2'70199 y ~ November - A. D. ~973 ~ y F LEO AqD ~IEC~R~EO ~ ~ ; WCIE COUM If lA. ~ ; ROCEn P4ITRAS - - • - - - CIE~K Ct:::U~T 0 ~r Pub = IlE~ORD vF~~f'C~7 J~ ~ ~0 ~ 23 PH ~~3 My Commission expires: t f.;;. - - - . - . _ . y . ~ ~ Y,~.- . . - _ _ , .q _ . • . ~ ~ _ . . : r : i_. ~ • s - 'r s t/ ~ G , . ~ a~U J~-~ ~ ~ - " ~ - c0~ fl~^,C~~,~ - ' . = l7,i~ /».~r,~„~<,rr prc~rrrJ ~y: Richard D. Sneed, Jr. 80fK PAGE QIJI~ ~ ~ ~ ~ r Attorney at Law ~ 700 Virginia Ave. Suite 102 - Sun Bank Bldg. = ' _ _ ~ _ , _ ~