HomeMy WebLinkAbout2919 and shall perjorm, comp~y wifl? and abide 6y each ond every the agreements, ifipu~afio?is, eondttloru n?~
eonenants t{~ereoj. and o~ lhis mortga~e, tl~en 11~ia mortgage and !he estate ke~6y created, shal! ceaae, ds-
te~mine and 6e null und iwtd.
~11111 thp mortgaflor hercrby (u?t~e~ covenants and agreea to par promplly whe~ due the principal and
intereal and ottipr sums oj money pro~ic~ecl ~or in saic~ nole und t~b mortgage, or eit~er; fo pay al~ and
singular the ta.rea, assessments, Ieuies, linbilities, o6ltgafions, nnd encumbrancei o/ euery nature o~ antd pro-
perly: to permtt, commlt ~ or su/f
er no waste, Impai~men! o~ dete?ioration o~ snid ~and or the improvementa
fl~erecn at any time; Io Ireep the 6uildings now or herraf te~ on satd land /ully lnaurc~ in a sum o~ not lesa
ehan tk~ balance due on this mortqage
in o company or companies acceplnble to the mo~tgngee, the poltep o~ policies to 6. heW 6y, and payo6le
to, said mortgagee, and in !he event any sum oJ money 6ecomei ~ya6l~ 6y virtue o~ such insurance tke
mortgagee sf~a~~ have Ihe rIg{~t to receive ond apply 1he same to the inde6tedness hereby secured, accounting
to t{~e mortga~o~ ~or uny siuplus; to pny a~~ costs, charpes, ant~ expense:, incluc~ing ~awyers feea nnd ttt~e
searches, reasonably incurred or paid by the morfgagee 6ecause o~ t~e f
ai~w+e o~ l~e morlgagor to promptly
and jully comply with the agreements, stipulattons, conditions and cavennnts of said nole and lhta mortguge,
or eilher; lo per~orm, comply witk nnd abide 6y each and every !he agreements. stipu~ultons, eonditions and
covenants set forf{~ in satd note and this mortgage or either. /n the event the mortgagor ~atls to pay u~hen
due any tax, assessment, insurance premium or of~e~ sum ol money paya6le 6y virtue o~ said nofe anc~ this
mortgage, o~ eif{~er; t~e mortgagee may Poy ~he sume, wit~out waiving or a/fecting the option to jorec~ose
or any other right herpunder, ancl alI such payments shall bear interest (rom date thereo~ at the 6ig~est Iaw-
~ul rnle If~en allo~ued by the Iaws o/ tl~e State of Florida.
7` any sum o( money herein re(errecl fo be not prompf~y paid within thirty c~ays next nlter
the same becomes due, or i~ each and every Ihe agreements, stipulntions. rnnditions and rnnenanis o) said
note nnd this morlga~e, or either, are not f ully per/ormed, complied witF~ and a6~ded by, tl~en t1~e entire
sum mentioned in said note, and this morlgage, or tF~e entire balance unpaid tl~er~eon, sfwll JortF~with or
tl~erea/ter, at Ihe option o) !he mortgagee. 6ecome and be due and paqnble, anything in said note or herein
to t~e confrary notu~iff~stan~ing. Fai~ur~ by tf~e mortgagee to exercise nny o~ fke rig~ts or options herein
proi~idec~ sha~~ nof constilute a waiver oj any righfs or opfions under said note or I~is morfgage accrued or
f{~erea~ter accruing. -
Dn ~~l!!~s t~e saic~ morfgagor has ~ereunto signec~ and sea~ thes8 presenls f~e
c~ay an~ year Jirsf a6ot~e u~riffen.
THIS IS A BALLOON MORTGAGE AND THE
~ Signec~, sea~ed and delinered in tl~e presence o/: FINAL PAYMENT OR BALANCE DUE UPON
MATURITY IS $36,389.60, TOGETHE WITH ACCRUED INTEREST, IF ANY,
~ AND __ALL..ADSIANCEME~iTS._.M~1UE---ST---T --Mf~RTGAGEE...IIDtI2ER_.THE_..TERMS.--AS..----~
~ THIS M RTGAGE ~
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~ STATE OF FLORIDA. ~
~ , COUNTY OF ST. LUCIE
I HEREBY CERTIFY ttiat on this day, be(ore me, an
~ officer duly authorized ir. the Statc aforesaid and in the County a[oresaid to take acicnowkdgmenb, penonally appeared
~
~ Michael Jeffries and Thelma Jeffries, his wife,
~ to me known to be the persons deuribed in and who exccuted the tor~going instrument and thgy acknowledged
bcforc me that they ~xec~ted the same.
W17'NESS my hand and official seal in the County and State last a(oresaid this day o[
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~ Februar.y. „ 19 74 . _ ~ ~
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a~'' f~~~p A Nota~y Public of the State of
. ~ 't,.r. - ; ST,! O:;NTY FLA. FZOI'lC~d dt Large
_ _ _ r . ~ ~~S My Commission Expires . ~ ~ .1 . 7
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