HomeMy WebLinkAbout1124 and ahaU perform, comply with and abtd. by each and every fire agreements, atipubttots, conditions and
covenants thenwj, qnd of thi, mortgnpe, then this mortgage and the estate hereby created, ahaU cease. de-
termine and b. null and void.
the mortgagor hereby /urlher covenants and ogress to pay promptly when due the prfnctpal and
tnte?est and other auras of money provided for in said note and this mortgage, or either: to past ell and
singular the taxes. assessments, levies, ltabililiea, obkgaftons. and encumbrances o/ every nature on said pro-
perty: fo pertrttt. commit or suffer no waste. tmpatrmenf or deteriornfton of said bred or the improvements
fherecn of any time: fo beep the 6ttilclings now or hereafter on said bred fully tnsurtrd to a sum of not less
than full insurable YAlu@ -
tn ncompany or eompnntes acceptable to. the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgages, and in the event any sum of monoy becomes payable 6y virtue of such instuance the
mortgagee shall have the right fo receive and apisly the same to the indebtedness hereby secured, aceotutttng
to the mortgagor jor any surplus: to pay all costs. charges, and expenses, including bwyer
s Jess and title
searches, reasonably incurred or paid 6y the mortgages 6eeawe of the failure of the mortgagor to promptly
and fully comply with the agreements, stipubtiona, conditions and covenants of said note and this mortgage, -
or either: to perform, comply with and abide 6y each and every the agreements, atipubttons. vondittoru and
covenants set /orfh in said note and this mortgage or either. /n the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage. or either, the mortgagee may pay the same, without waiging . or a f
f
ecttng the option to joreebse
or any outer right hereunder, and aU such payments shall bear interest from date thereof at the highest bw-
jul rate then allowed by the bws of the State of Florida.
any sum o/ money herein referred to be not promptly paid within fiftt:en(lb)doys next after
the acme becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire 6nbnce unpaid thereon, shall forthwith or
thereafter, at the option of the ?nortgagee, become and be due and payable, anything in said note or herein
to the contrary nofwithsfanding. Pailtue by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~ulQSS ~~~f, the said mortgagor has hereunto signed and sealed these presents the
day and year first above wrillen.
Sign ,sealed and delitJered in the resence o/:
j?,/,/_ Q~ EUG GWYER -
-----~.+..~C',.r' - .-.-~!'1-~->9~~r_..-tom.....-------\- ~r~~¢,w........
FRANCES M. GNYER
THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OF THE BALANCE DUE UPON MATURITY
IS $15,000.00, TOGETHER i~1ITH ACCRUED INTEREST, IF ANY, AND AI.L ADVANCEMENTS MADE
BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE.
STATE OF FLORIDA,
COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day. before me, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgmenu, personally appeared
EUGENE G. GWYER and FRANCES M. GWYER, his wife
to me known to be the prrsons described in and who executed the forcgoinq instrument and they acknowkdsed
before me that they executed the same. t~"'~•
~N~IT~NESS my hand and official seal in the County and State last aforesaid this 9 ~ o~~•s, "
% ~ _ rte'
i ~ ,y
My Commission E ices: ~ ~ ~ ~ ~L~
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(Raised Seal) ~is~ nNtK STA1E Oi ~ e+ec• ~59~ f .
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RECORD VERlFIt:O
l7iu htt~rnmcnt prt°pnrrJ by: Lawyers Title Insurance Corporation
Adrlmu Cheryl S. Miller, Post Office Box 3845
Fort Pierce, Florida" 33450