HomeMy WebLinkAbout0642 an~ thall per~orm, rnmply wl~l~ and abide 6y sach and ~ei~ery the agnementa, stipulalioni, condttlons and
cu~~enanfs ~hereo/, antl oJ Ih1s morfpaAS. Il~en tl~ts mortgage and tl~s e~tate larrbp c?sated, ikall esa:s. d~-
termine mid [x~ ~u~11 nnd t~otd. .
~IIW f~i~ mwlga~or hew6y /uNber eovenonis and agreei to pay prompllr whsn due tl~s principal and
~nfe?~esl and olher. sums of money provtr~ecj ~or in aald nots and f1~is mortgage. or eifher: b pay n~~ nnd
• singu~ar fhe fa.res, assessmenfs, ~e?utes, ~Sabt~ities, o6~ipaflona. and encum~ir+ancet o~ every nature on aotd pro-
perfy; to permil, commJt or sufler no wcule, tmpafrment or dete~ioration o~ satd ~and or Itie iinprovamentt
ftiprncn al any time; fo ~r~ep fhe huil~t~ps now or ?~e?ea~f~r on said land ju~~y lruurocl t~i a sum o~ not ~sss
Ihan Highest insurable value
in a company or companies acce~ptabls to fhe mo?l9n9ee, tke poiicy o~ poltciea ~o be heW 6r, ~d ~ya61e
to; said mo~lpa9ep, an~ in fl~e ei~enf any sum o~ money 6ecomes ~.~6I. 6y vtrtue oJ tuch insurance tke
moNgagee sl~all hai~e Ihe right to rpceive, and apply the iame to Ihe inde6tedneu f~ere6y,secuncl, amounting
to f/~e mo?fgagor ~or any surplus; to pay a~~ c~osfs, ctia?ges. ancl expenset. inclu~It~g ~awyer
s~ses anc~ tit~s
searches, reasona6ly inci~rrecl or paid 6y the mwtgagee 6e~ause o~ the /ailure of t[~e morfgagor to promptly
anc~ ~ully comply u~if1~ lhe a8reements, slipu~alions, conc~iftons and conenanfs o/ satd note and Il~is mortgag~.
or eilf~er: to perform, c~omply with and o6ide 6y eacl~ and every !he ngreements, atipu~ations, eondiftons and
covrnanfs set ~orlh ln said note and t~iu mortgage or eifher. In the event f~e tno?tgogor ~aib to pay u~~en
c~ue any fnx, assessment, Insurance premium o~ ot~er sum of money poya6le 6y utrtue o/ satd note and this
morfga8e, or eitker, !tie mortgagee mny pay I~e same, withouf watvtng or af~ecting I~e option !o ~oreclote
or any otl~er rigl~t hereunder, anc~ aII such pnyments sI~aII bear inlerrs: ~rom c~nte f~ereoj at the I~igi~eit [nw-
(ul mte Ihen allowecl 6y Ihe Inrus of the Stafe o/ T'~oridn.
)L any sum o( mon~y herein re(errc~ fo tie not prompl~y paic~ wifkin 3~ day, next af
ter
the same 6ec~umps due, or i( eacb and every tl~e ngreements, stipulations, conditions nnd rni~enanb o/ said
note hnd this mortpa~e, or either, are not /ully perJorrned, complied with and a6tded 6y, tRen the entire
sum mentioned in ~cicl not~, an~ f{~is morfgage, or f~e enttre bn~ance unpai~[ thenwn, stin~~ foN~wif~ ot
Ihereajter, at t6e option oJ the morlgagee. 6ecomP and 6e due and paya6le, anqtl~ing in saiil note or herein ~
to thP conlrnry notwilhslanding. Failurr 6y ~he morlgagee !o exercise any of the rtg~ts or opttona ~erein
pronit~ecj shnll not conslilutp a u~aivpr o~ any rig~ls or opfions under saier nole or I~is mortgage accrue~ or ~
therea~l~r accruin~:
~n ~itness ~hrreof~ Ihe said mortgagor has I~ereunto signed nnd sea~ these resents Ihe
day and y~ar Jirst a6o~~e u~ritlen T~S IS A BALLOON MORTGAGE AI~ID THE FINAL PA~ OB THE
BALANCE DUE UPON MATURITY IS $7,077.44, Z~OGLTHER WI1H ACCRUBD INTERFST, IF ANY,
Sl9RPd, se anc~ clp~inerec~ in ~ rpSPllCp of : ~ S E BY THE 1~RTGAGEE UND
, S RTGAGE.
as to - - ~ - - ~ - ~ - - - ~'~!t~~ ~
~
Richard ~ ~
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~ _ , MARILYN B0~
as to - --f-~~~~~-- - - - - - -------e-------~-~---------
; *sarilyn _
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; STATE OF Florida _
~ • C(~UYTY C)F St . Iucie ~ •
t . I NEREBY CERTIFY that on this day. beton mc, an
~
~ ofti~rr dulv authorized in the Stat~ aforcsaid and in the County a[or~said to tak~ acknowledgments~ penonally appearcd
!
~ RICHARD G. BORNEMANN
~ to me known to tx the person describtd in and who ez~cuted the for~goinq instrument and Wh0 acknowkdged
€ Ix(or~ me that he ~xccutcd the same.
s WI7'NESS my hand and o(ficial seal in the County and Stati• last aforesaid this ~p day of
~ ~ /t~~ A. D. 1979 f
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