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HomeMy WebLinkAbout0574 • 1 ~ t {3 1 ~n~~ shnll per~orm, comply ioil{~ nn~I ahi~~e hy ~•acti an~l ei~ery f{~e oyreemenfs. sfipulations, condilions and ~ coi~en~~~ts thereo~, anc~ of Ihis mortgage, t~en ftiis mort{~nf)e an~ the e~tafe hPrehy creafecr, atia~~ CPOJB, de- i ~ I~rmine ~nd he null and noid. Ijn~ f{~P morlf~a~or tieratiy (urftie? cot~cnanis an~ agrees to pay promptly u~tien aue Ihe principal and I/I~PfY'S~ an~ afh~~r sums o~ money provic~e~ ~or in saic~ note and Ihit morlgaflp, or eifher; fo pay a~~ antl SIII[JU~/l? ~hP (ArP3, nssessments, ~Pt~tflS. ~tA61~llIPS, U6lipalions, and encumbMllCPi O~ pv~?y natu~e on said pro- perly: fo pe?mit, commit or suJ~Pr no u~asfe, impairment or c~eterioration o~ soi~ ~an~ or Ihe improveme~fs ~h~~n~on at any tima: fo keep the buildinps now or herea(ter on snid Iancl ~ully insu?e~1 in a sum of not less . ~ ~i,~R i ts f~ri i i nsurabl e va 1 ue in o company or compantes accepfu6le fb the mo~tgapee. Iho policy or policies to 6e held by, und payable ~ to, saic~ morignqe~, anc~ in Ihe event any sum o~ mo?iey 6ecomes paya6le by virtue of such insurnnce the moric~ac~ee stin~~ tinue fhe rigtit fo rereive anc~ apply ll~e same to fhe indebtednesa I~ereby secured, aceounting fo t~e mortgrt~or (or a~y ~urplus; fo pay al~ cosfs, c{~arpes, and expe+nses, including ~nwyer~s jees and fil~e ~ svan'{~es. r~usonnh~y incurre~ or paic~ hy fhe morfgagee hecause o~ f~e ~ai~ure o~ ttie mortgago~ to prompt~y an~ ~~i~~y comp~y u~ilti Ihe apreementt, stipulnffons, conc~itions and rnvenants o~ snic~ note anc~ fhis morlgage. or pifti~r: fo pPrJorm, c-omply u~itk nnd a6ide by each anc~ every !he agreements, stipulafions, conc~ilions and coi~en~nls set /orth in snid note anrl Ihis mo~tgage or either. In the euen! the mortgagor /aila to pay w~rn due any tax, nssessment, insurance premium or other sum oj money paya6le 6y virlue o~ said note and tF~is morfgngp, or ~ither, Itie morfyagee may pny t~e same. wittiout wui~ing or a~~ecting ttie oplion fo ~orec~ose ur any otF~er right I~ereunrler, and nll such payments s{~nll 6ear interesf ~rom date thereo( at t{~e higF~est law- I (u~ rafe I~~en a~~ou~e~ hy 1{~e ~aws o` ttiP $lale o~ ~'~orit~n. I ~l any sum o~ muney tierein re(erre~~ l0 6e no1 promptly paid wittiin ten ~ays nPxt a(!er thf~ same f~~c-om~s tlue, or ij eac1~ and ei~ery t~e agreemenls. sfipulations, conditions and co~enanls of said nof~ an~ I~~is morfync~P. or eitti~r, are not ~u~~y performet~, comp~iet~ u~ifti ~an~ atii~ea hy, t~en ftie enlire sum menlioned in said nole. ~Rd rhis mortgage, or t{~ e enlire bajance unpaid IherPOn, sl~all f ortF~with or t~erea~ter, af fti~ opfion o~ thp morfgagee. hecome an~ ~e aue nnd popnb~e, anyf{~ing in sni~ note or {~erein to th~ confrary nolu~if{~slanc~in{~. Fai~u?e ~?y tke morf{~a{~ee fo exerrise any oj t~e righfs or opfions {~erein pm~~i~~t~c~ s~a~~ nof CAIISIIIU~P a~i~aiver of aoy rip~ts or options unt~er tait~ nofe or ftiis mortpngP accruec~ or f{i~rc~a~t~r a~~•ruinq. ~n ~~LlI~S #~Ihereof~ ' Ihe said mortgagor has 1~ereunto signecr ond sPaled theae presenls t{~e ' dav a~~1 y~~ar /~~st a~~o~~p u~~ittPn. THIS IS A BALLOON MORTGAGE~ AND THE FINAL PAYMENT OR THE BALANCE DUE UPON MATURITY IS ~7,764.31,TOGETHER WITH ACCRUED INTEREST, IF ANY, AND >Se~?r~ sc~~l~d ~r~d dplii~er~d 'n tF~e presence oJ: LL ADVANCEMENTS MADE BY THE MORTGAGEE UNDE HE TERMS OF THIS RTGAGE. ~ ~ ~ . . , . . -~c~t.r.-. _ ~ ~ ~-y - ~ _ . E<<-x. - . , ~ , ~ ~ AY Car~nc~ ; - i ~ _ _ - - . . . - - - _ . _ . ~ , E_ 1 t~ ~ - Ann Carinci . . ; ~ ~ ~ ~ ~r-t~ ' ~ . . - - - . - .C~-~~~-ri - _ _ _ . . . ~ . i ~ ~ - . E ~ . . ~ . ~ " . . . . . ' " E - _ . _ R ~ ! ~ € ~ i ~ t ~ STATE OF FLORIDA, ~ ~ cot;~-rv c~F INDIAN RIVER ~ ~ I•fIERF.BY CERTIFY that on this day, betor~ me, an ~ ~ o((i~er dul~• authorized in the Statc a(oresaid and in thc County a(oresaid to tak~ acknovrledqmrnts, prnonally app~u~d ~ ~ ALFRED CARINCI and aNN CARIHCI,_his wife, ~ j ~ i~ to mc know•n to be the pcrwns describtd in and who ~zecuted the (or~qoing instrum~nt and t~le~/ acknowledSed ~ ~ beforr mc that they ~x~cuted the same. 3 li 1~'I~T\f.SS my hand :+nd o(ficial seal in thc County and Stat~ last a(oresaid this ~~,~r.diF, ~ ~ j~ JuIY a. v » 76. - ~~.v ~ f~~E~ ~a ~:uEO ~ - _.~4 r - ~ " ~ l_~ ~ ' - _ ~i ST. t~:;:~. : J~w Y fLA. . ~ ' - ' : ~;l- _ - Rc~:: ~,es No~`ary ~ubTic, Sta,te f~!~~r~a ; C:Ef~. ,•~ii CCURT - ~ qFr~,F. ; - - ~ ~ Large. r;; • - ; ~3~ My Commission expires: ~ - ~ ` ~ ' ,lu~ 13 ~G sz ~N'76 ~.a.-~,:. ~ ; My Co--r. cx"~a+. .~t t9R0 ~ ~ 3i'~~):,20 3o:.d~d by M.t•can ~rr 6~~:1,.•r sy A { a ! I ~ I " 3.; I F ~ /nsltiu~rc~rl pnp~re~ h)+!c of VerO Bedch ~ carmercia ar~ ;1~I~lR:« P. gox 2767~ Vero Beach, Fla. 32960 ~:;i~~ YAGf ~ . ~ x~ 5 ~ - : _ . ~ . ~