HomeMy WebLinkAbout2378 and shall perjornt, comply u~illt artd abide by Pack artd every the agreements. sffpulaliot+is, conditions and
co?~enartfs IhereuJ. ar)d of this mortfrane, then Chia mortgage and the estate hereby created, shal~ cease, de-
termine and 6e null and roirl.
~d the mortgagor hereby Jurfher covenant: and agrees fo pay promptly when due fhs principal and
inferrsl and other sums of monPy provided Jor in said note and this mortgage. or either; to pay all and
singular the tares, assessmP?tfs, IPUtPa, Iial)flifies, obligations, nrtd encumbrances of every Wotan on said pro-
perty; fo permit. romn?it or st?jjer no u•aale, impairmertl or deterioration of said land or the improvements
fherrrn al any limp: to beep fhP buildings noun or herrajter ort said land Jolly insured in a sum of not less
than highest insurable value.
in a company or companies acceptable fo the mortgagee, the policy or poltcte: to be held by, and payable
to, said mortga~PP, and in tlrP event any sttm of monPy becomes payable 6y virtue of such Insurance the
mortgagee shall have the right to rrceive and apply the same fo the indebtedness hereby sectued, accounting
fo the morlfra~or Jor any surplus: to pay aII costs, charges, and expenses, including lawyer's jeea and title
searches. reasonably incurred or paid by the mortgagee because of the jailtur of the mortgagor to promptly
and jolly comply with flte agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; fo perjornt, comply with and abide 6y each and every the agreements, stipulations, conditions and
cot•enartts set Jorth in said note and this mortgage or Pilher. In the event the mortgagor jails to pay when
dire any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or ajjecting the opfIon fo foreclose
or any oflter right heret?nder, and all such payments shall bear interest Jrom date thereof at the highest Iaw-
Jut rate Ihen allowed 6y the torus of the State of Florida.
any sum of monPy Iterei?t referred fo be not promptly paid within ten days next of ter
the same becomes dup. or iJ each and Peery the agreements, stipulations, conditions and, covenants of said
. note a?td this mortgage, or either. are not jolly performed, complied with and abided 6y, then the entire
. sum mentioned in said note. artd this mortgage, or the entire balance unpaid thereon, shall forthwith or
- thereafter, of fhP option of the mortgagPP, become and be due and payable. anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagPP fo exercise any of the rights or options herein
provided shall not cons?ilnte a waiver of any rights or options under said note or this mortgage accrued or
Ihereojfer accruing.
)n ~~uleSS ~~lPCeOf, the said mo?Iryayor has hereunto signed and sealed these presents the
day and year Jirsf above tvriffen.
Signed, sealed and delivered in the presence o
THIS IS A BALLOON MORTGAGE. AN~ F FINAL PAYMENT OR TAE BALANCE
DUE.-.[I~QN..M~?TORITY-.IS---$3,-401-.-38, GETHFR WITH ACCRUED INTERE_S_T_r®
IF ANY, AND ALL ADVANCEMENTS MP. E BY T MORTGAGEE i1ND~1t~~'1~£
-T~F~!1E--.QF-.THIS.-MORTGAGE..- -
Signed, sealed, delivered in
r~ence--of-z - i~~~
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STATE ()F FL() DA.
~ COC\TY OF • Lucie
I HEREBY CERTIFY that on this day, before men an
officer duly authorized in the State afo~-•^~d and in the o my of r •said to take ackrwwledgments, personally appeared
ROBERT M, HAVEY ANDANNE HAVEy, ~i~s w~~e
who acknowled ed
~ to me known to F,e the person S described m and who executed the (orcgmnq instrument and ~
before me that theyexetUtea the same-
~ N't'I"\F,SS my hand and official seal in the County and State last aforesaid this 12th day of
,'i.
,March D. 19 79.
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