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HomeMy WebLinkAbout0933 an~I sI~aII perjo?m, comp~y u~lfti an~ a6ids 6y eack and ei~ery I~e agrs~(n~nts, atipu~nfionil, condtftons nnd eonena~ts the~eo/, and oJ If~ls mortga~e, Ihpn thU mortpa9e and Ihi estate I~ers6y c?eated, a1~nU cea~s, d~- fsrmine ancl bs null an~I iwlcl. ~ f~e ~reortQa~or hen+6y jurll~c?? covenanta and agross fo pay promptly when due tl~• p?incipa! and inle~+e~l and olhe? sums o~ money provicled lor tn sald note and f1~b morfgoge, or eiftier: to pay e~~ and singu~ar Ihe fa.res, assessments, Ievfes, ~iabi~iliea, ob~lgalions, nnd encumbnances ot every nafun on saie~ pro- pe?ly; fo per?nil. commif or su~~e~ no wasfe, tmpairme~l or cjele?to?nfion o~ salc~ ~anc~ or fhe improvemenb ftiprecn af any lime: fo k~p ~hA butldtng: now or her~aJt~?~ on auid land (ully I?uw+e~I tn a aum of ~ot ~era than highe,st insurable value i tn a company or companies n~cepta6le !o fl~e morl9nAee, !he policy or poltcies to 6e held 6y, ~d p~yo6b F to, satd mort~a~ee, and in Ihe evenl ony sum o~ money bernmss ~ya6l~ 6y virlue o/ such lnsurance th~ ~ niortga~ee s6all have the right to receive and apply the~sams to the inde6tedness here6y sec~ued, nc~ounttng to fhe mo?tga~or jor ur~y siuplus; fo pay a~~ c~wts, c~arges. and expentet. tnc.~tu~~ng ~awyers ~ees and til~t iea?rties, reatona6ly incurrec~ or pQid by fhe morfgagee because o~ t~e ~ai~ure o~ 1/~e mo?Igagor lo prompt~y and jully rnmply wil/~ fhe agreements, afipu~afions, rnn~ifions anc~ c~ovennnts of said nofs and t~ta mortgage. or either; to pe~Jo?m, c~omply with and a6tde 6r ench a~d e~ery tke ag~aments, stipulattons, eondtf~ona nnd . covenanfa set ~ortl~ In satd note and thla mortguge or either. In t6a eoent fhe mortgagor ~aib to pay when due any tax: assessment, insurance premium or olhe~ sum o/ money paya6te by vtrtue of said nole w~d tht~ morlgage, or eif~er, t/~e mortgagee may pay fhe anme, withont wnivtng or u~~ecfing !he option to ~orec~ose o? any other ~igh~ 1~erpunder, nnd all sucl~ paymenls shall beor intpre~t /rom dafe lhereoJ at tl~e 6tghest lau~- ~ul ?afe Ihen allowed 6y !he Iaws of the Stato o~ Florida. ~L any sum of money Rerein re(ened l0 6e not prompfly paid wilhin 30 dayt next ajter 1{~e same hecomps due, or iJ each and euery f~e agreemenfs, stipu~afions, condilions ane~ covenants o( satd • note and tl~is moriga~e, or either, are not /ully pe~jormed, complied with and a6ided 6y, then tl~e enlire sum menlinned in said note, and tl~is morlgage, or the eatire balance unpoid lhereon, s6a11 ~orll~will~ or 11~e~eajter, at Ihe option o( tl~e mortgng~e. 6ecome and be due and puqa6le, nnytl~ing in said note or herein to.f~e confrary notu~it{~standing. Fai~ure 6y tF~p morigagee to exercisP any o~ f~e rig{~ta or options herein• provic~ecj s~u~~ nof constifulp a urainer o~ any righfs or options uncrer saitr note or t~is mortgage accrued or I~erea~ter accruinq. ~n ~itness -~hrreof~ tlie said mortqagor f~~s hereunio signecl and sealecl fbese presents tf~e ~ay anc~ year ~i?st a~ovp tnriNen. . Sigac+d~s~[e~~w~~lelit~r+~e~-i.r~e-prrs~c~r-of : . THIS IS A BALLOON MORTGAGE AND HE FINAL PAYMENT OR THE BALANCE •Dt~~-~~~ON~--MA'~'-U~2-~TY~--ZS---$---4{_S.S.O...QQ. ---r---T~GETHER--.WITH..ACCRUED..._--~------------~ INTEREST, IF ANY, AND ALL ADVAN EMENTS MADE BY THE MORTGAGEE ' -U1dDER-..THE-..TERMS.-.OF---THI.S..MORTGA ~ Signed, sealed and delivered I -in-..the-.. ~esencE---of - - - ; James field ' . - . - ~ ~ - ~ r ~ ~ ~ - ; STATE OF FLORIDA~ ~ ~ c~~1'TY ~F St. Lucie ~ I HEREBY CERTIFY that on this day, before me, an o((irer duly authoriz~d in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledqments, personaUy appeared James E. Hatfield : ~ to me known to be~ th~ person described 1n and who extcut~d the for~¢oinq instrumrnt and "~1@ acknowkdqed Fxforr mc that he ~x~cuted the same. 17'~iESS my hand and o((icial seal in thr County and Stat~ last a(oresaid - this 17 ttl day of ~ MHy D. 19 7 H. ~ ~ • ? ~ , . IILEO ANQ RECOROED ~ - ~ ~ • i: + ~ - - ~ ; ~ ST.LUCIE COUNTY F~A. Notary ublic - • _ ROCE ~CUiT Ou ' State of Florida at Large j r . ' ~Q ~ - - rL`n%- ~'FIE~~ My commission expires : ; ~ . ~ ~~G MAY I ~ 2 14 PM ~ - s ~ " . r,,. ~ t~ . - ~'8 ~ $ /,C : ~ rt t,~ . ~ + ~ ~_~tj ~ ~ . ~ ~ ih ~ T1t15 INtTROMENT PREPAREp BY: ~~t)~ ~ I%iu liu~n~~n~n/ p~pnn•r! by: F~ ~ble~, I11, Esquire, of 30[l~rL7 ~ ~ , g,ard & Teel~ P.A. ~ Arlrlit7s P. 0. Box 1000 ~'ort Pierce, Florida 33450 ~ - _y.~ . . _ . _ s ~