HomeMy WebLinkAbout1209 and shall perjorrn, comply with and abide by each and every Ihs ogreements. atipulattoni. conditions and
covenant: thereof, and of this mortgage, then Ihts mortgage and fhs estnfe hereby created, thaU ceaso. de-
fermine and be null and twirl.
Ii/tlfi the mortgagor hereby /urllaer covenant: and agrees to pay promptly when dw tits principal and
interest and outer sums of money provided f
o? in said note and this mortgage, or either; to pay au and
singular the faxes, assessments, levies, liabilities. obltgattotu, and enctunbrances ~ every nature on said pro-
perty; fo permit, commit or :uf
ter no waste, impairment or deferior+utton of snid lord or the improwmenb
Iherecn at any time; to keep the buildings Hour or he.eaf
ter on said land fully insured to a rum o/ not less
Ihan highest insurable value.
to a company or companies acceptable !o the mortgages, the policy or poltcies to be held by, and payabb
to, sold mortgagee, and in the evens any sum of money becomes payable by c~irfue of such irutlr,a,tce the
mortgagee shall have the right to rrcetve and apply the same to the tndebtedneys hereby securod, oecounttng
to the mortgagor (or nny surplus: fo pay all cost:, charges, and expense:, including lauryers fees and fide
searches, reasonably inc/lrrrrl or paid 6y the mortgagee becatue of the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; to per/orm, comply with and abide 6y each and every the agreements. stipulations, conditions and
covenants set forth to said note and thi: mortgage or either. In the event the mortgagor falls to pay when
due any tax, assessment, instunnce premitun o? other sum of money payable by virtue of said note and this
mortgage. or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law- •
+111 Mte Ihen a1lOWed by IhP IaU~s Of the Stale Of FlO.ida.
arty stun of money 1terPin referred to be not promptly paid within ten days next of
ter
the same bPCaniPS due, or i f each and e1~ery the agreements, stipulations, conditions and covenants of sa[d
note and this mortgage. or either, are not fully performed, complied with and abided by, then the entire
stun mentioned in said Hole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and bn due and payable, anything in said note or herein
fo the contrary nofu~ifhstnnding, l=ailtfrP by the mortgagee to exercise any of the rights or options herein
proridPd shall not cortstitfftP a u+air~er of any rights or options under said note or this mortgage accrued or
t1ePrPafter AC(TUing.
~n ~(1t1ltSS ~~lt!'t0f, the :aid morfgayar tiff. hPrPUR10 signed and sealed these presents the
daV nffd year Jirsf RbnfM ff~rilfert.
-s19+>Pd,-e~.1«1-.wd-fli~li«rrec~-ire-i~.e-P.eseyK~sf : -
THIS IS A BALLOON MORTGAGE AND T £ FINAL PAYMENT OR THE BALANCE
DUFi---IJROPI-.MA•TDR~TY---IS---$--3-r773-.7-$.~ (1(sEZ'HER--.WI-TR---ACsERIJEi~-.•LN-~'•~RFSST-,•-
IF ANY, AND ALL ADVANCEMENTS MA BY THE MORTGAGEE UNDER THE
T~.RMS...OE'--TH2S--.I~lQRTGA~GE-•------------------------ -
Signed, sealed and delivered
in--.the.-.presence--.af-=------------ - - - •
1~ r h PH L .
i ~ I ISE M.--- ~.~t'~', f
STATE OF FLORIDA.
couNTV OF St. Lucie
I HEREBY CERTIFY that oo this day, bdore tile, as
officer duly authorized in the State aforesaid and in the County aforesaid to takr acknowledgments, personally appeared
Philip D. 31acY and Louise M. RlacY., his wife
to m.• known to be the person gdescribed in and who executed the ioregoinq instrument and whp acknowkdsed
before me that theyrxecuted the ume.
KI7'NESS my hand and official seal in the County and State last aforesaid this ex~~ day of
~L~ A. D. 19 79
• `~!!~1,~•.. *IOTRRY PITPLIC r
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R~G`3': POIt''~5
CLEBf CIPrt!It C~J41T
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