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HomeMy WebLinkAbout0017 and sl~all p~~r~o~m, ~-umplv u~itl~ and nbide ~6y Fac•h and e~~ery t1~e agreements, stlpulatioru, conditions and cor~n~nfs Ihereoj. and o~ Ihts morl~a~e. Il~rn this morlpa~e and ll~e Pd~QIP hP.~by created, shall cease, de- fprmine antr ~?p nu~~ ~uu~ ~~ol~. 7i1Na I~~e marf{~anor'~~mhy (urt~e~ coi~enanls anc~ agreea to pay prompl~y u~tie~ c~ue i~e princ~r...: .;r.~ infernsl unc~ af~~~r surns o~ mon~y proni~cKl ~or tn saicl nofe anc~ thia mortgage, or eil{~cK; fo pay a~~ and sin{~u~ar f~~e fnxes, ass~ssmenls, ~ovies, ~iatii~ili~s, oh~t~afions, and e~cum6rances o~ every nafure on said pro- perly: fo ~ermil. commil or su~~er no u~aslp, impairmenf or c~eferiorafton o~ said la~d or the improvemenls Il~Prncn al ~ny lim~~: to Iri~Pp fl~P bui~dinns nutv or hrrnaft~r on said land fu~~y insurecl in a sum oj not ~ess f{~an ~ in a iv~mpany or ~-ompanies ac~rptu~,~e fo f~~e morlgagee, Itie policy or po~i~ies fo E~e tip~d hy, an~ poyab~e to, spi~ morlf~a~~ee, an~ in II~P ~i~ent nny sum o/ mon~y hpcomea ~yabt~ by virtue o~ suc~ insurance t~~? mort~n~~P SIIAI~ hal~P Ih~ ri~ht to ?nc~ivp and apply Ihe same to fl~e inde6tedness f~ereby secured, aceounting fo f~~P morlc~a~~or ~or any surp~us: fo pay a~~ cosfs, c~~arpes, and expenses, inc~uc~tng ~nwye~~s jees an~ fil~e searcties, rPasuna~?~y incurr~rl ur pui~~ tiy I~~e morfgapee hecausp o~ fhe ~ai~un o~ ftie mortgagor fo prompf~y an~ ~u~~y c•omp~y u~it~~ II~P n~re~~m~~iis, sfipu~afions, conaitiuns an~ conenanls o~ saicr nole anc~ ttiis mortgnge, or Pitl~er: fo perjorm, e-omply u~ith and a6ide by ench and RUPry IhP agreements, stipulalions, conditions and C6l'PflOI1~S SP~ JO~~~! 1?1 SQl~ IIO~P qfl~ t~13 1110~~(j4{jP or eii{~er. In ~~C event !he ~i101'~gn~Of ~ails to pay u~hen I du~ any Ia.r, assessmi~nt, insuranc•e premium or oiher sum o~ money payab~e tiy virfue o~ saicl note and f~is I morf{~ape, or eil~~er, fhe mortgagpe may pay Ihe same, u~ittiout u~aiving or a~Jecling t{~e opfion to (orec~ose 1 or any oll~er ripht I~Prpund~r, arid all suci~ payments shall 6enr interest from date thereoJ nt Ihe I~igl~es! ~aw- ~III ~(I~P ~~lPll A~IOII'l'I~ ~!V ~~IP ~Al1~S O~ ~~P SIQIP O' 1~'Orl~Q. ~l any sum o~ mon~y ~~~rein re~err~~ to I~e not promptly pai~ within 30 aays next a~fer l~~r same ~?rcom~s ~ue, or i j earh an~ ~nery IhA a~reemenfs, sfipu~aiions, conc~ilions ancl covenanls o~ sait~ notp and lhis morl(~ai~r, or ~itl~er, are not /ully per)ormed, complied with and a6ided by, thpn the entire sum menlion~~I in said ~~01~, and tl~is morl~ag~, or fhp entire balnnce unpaid Iher+eon, shall Jorthwith or f{~ereafler, af 1~~~ opfion o~ Ihe morl~a~ee, hecom~ an~ he dup and paya6le, anyt~ing in snia nole or herein to f{~r conlrary nohoil~~stanc~ing. ~'ai~ure ~y f{~P mortgapep to exerrise nny of t~e righls or options herein pro~•ir~M~ sha~~ nof COIISIIIIIIA lI~AtDP~ o~ any rig~ls or opfions unc~er saitr nofe or ftiis mortgage accrue~ or I~~~majl~r a~cruinn. ~n ~Ui~ne~s ~hereof~ II~E~ sni~ morfc~ngor has I~erpunto signecl ancl sea~prl tl~ese presents fhe ~ ~ny an~~ y~ar ~irst n~?o~•~ u•riU~~n. 'j'[~j$ IS A BALLOON MORTGAGE AND ON ~ THE 36TH PAYMENT TNE BALANCE DUE t ~innc~~~. srn~Pr~ an~~ ~~c~~i~~~~r~~~ i~e Ih~ rrs~~n~N o n UPON MATURITY IS $22,680.00, 1~OGE R WTTN ACCRUED INTEREST, IF ANY,~~jp L - . - - - - ~ . . . A~VANGh~4E~V'fS...M~4BE-~-BY-~-TI~E--~4f3R~G!!~ . UNDER TNE TERMS OF THIS MORTG~~'~ ' , ' . . , . . - ._~~1 - - - . . - ~ - . ~ . ~ ~ ~ - - - - . . . . - . . ` Mary E. ice . _ . . _ . . _ . ~ - ~ ~ STATE OF PLORIDA, ~ E 1 c<n'\7'Y OF St . Lucie `t ~ I HEREBY CERTIFY that on this day, be[ore me, an ! of(i~er dul}• authoriz~d in th~ Stat~ afor~said and in the County aforesaid to tak~ acknowledqments, p~rsonally appeared i ~ MARY E. RICE g to mo known to Fx th~ pe•rson dcuribed ia and who ~xecut~d th~ (orcgoinq instrument and She acknowledRed ~ I~efon- me that S~lE ~xccuted the ume. N'I7i\ESS my hand ancl o(ficial xal in th~• County and Stat~• last a(oresaid this 9th day of i ; May n. ~9 79. ~ ~ t ~ 4.l.e.rt... ~ ~ , • G~~~- ~ - ' I ~~g 18 j'~` Notary Public , j f~tE~ a~<<; F: ~L~'~=U My Commission Expires oZ 7 p/ . I St.WCIEC~JilNTY.fIA. - ...,v ' ROGERPOITRAS „S••~~ ~ ~:~,,;`!°4 CLEAK CifCiliT Ct,J:~t _ : ~ - AECC:20 t %R:. ~F.R. - 5~-- I~~X~~ ' ; . + , , 4~~9 . , ~ ~ ~ - . ~ - : # { ~ .a . . ; i Ben L Bryan, Jr. ~ %%u /ns~nim~~d prc fx~n~l hy: P. 0. BOx 3230 ~t dd.f~f Fort Pierca, Floridt , c~(~ BOl}K eR1a7 PAGE ~ f ~ ; ~ _ ~ ~s ~ ~ ~ << v .