HomeMy WebLinkAbout1641 and shall perform, comply with and abide by each and every the agreements, slipulationi, conditions and
cave?tanfs thereof, acid of this morfgaste, then this mortgage and the estate hereby created, shall cease, de-
termine and Ge null and i•oid.
end the mortgagor hert•by further covenants and agrees to pay promptly when due the principal and
internsi acid other sums of ntorrey_ provided Jor in said note and this mortgage. or either; to poy all and
singular the lases, assessnte?tfs, levies, Itabllifies, obligations, and encumbrances of every native on said pro-
perly: fo permit, commit or suffer no waste, impairment or deterioration of said Iand or the improvements
iherncn of any time; to deep the buildings now or hema f
ter on said Iand fully insured in a sum of not Less
than the Amount of this mortgage
in a contpa?ty or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said morfftage~. and in the elcPnt any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the riryhf to rnceiue and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for arty strrpltrs: to pay all rnsfs, charges, and expenses, including lawyers fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and ibis mortgage,
or either; to perform, comply tvifh and abide by each and every the agreements, slipulafions, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when .
due any tax, assessment, irtstrrance premium or other sum of money payable 6y virtue of said note and this _
mortgage, or either, the morfryagee may pay the same, without waiving or affecting the option to foreclose
or arty other right hereunder, and all such payments shall bear interest from date thereo/ at the highest law-
(ul rate then allowed by the taus of the State of Florida.
~L any sttm of murtey IterPirt referred to be not promptly paid within thirty (30~aya next niter
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not jolly performed. complied with and abided by, then the entire
stem mentioned in said ?tote, oriel this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, al the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary ?rottr•ttltstartding. 1=ailrrre I,y the mortgagee to exercise any of the rights or options herein
providt•rl shall not c•onslifule a waiver of any rights or options under said note or this mortgage accrued or
thernajler accruing.
r
~n ~ttness ~hM'eof, the sold mortgagor ?cas Iternunto signed and sealed these presents the
day and year first above written. THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE
1 BALANCE DUE UPON MATURITY IS ~ 28,575.29 ,TOGETHER WITH ACCRUED INTEREST, IF
- ; Signed. sealed and delivered in the present'e o : ANY, D ALL ADVANCES MADE BY THE MORTGAGEE
j` NDER THE TERMS OF THIS MORTGAGE
RUTH B. FONTAINE
STATE OF FLORIDA,
cc)c~-rv t)F St. Lucie ~
~ I HEREBY CERTIFY that on this day, before me, an i
i
officer dulq authorimd in the Stall aforesaid and in the Counh• afon•said to 'take acknowledgments, personally appeared
~ ~ RUTH B. FONTAINE, a single adult
. to mr known to t,c• the person described in and who rsrcutrd the foregoing instrument and ~ acknowledged
i t
Ice•kcr~• car that S-~- executed the same. !
I 1'1"1 \F.SS cm• hand and official seal in the Count} and State last aforesaid his ' dap of 1
i
~ November D- 19 79. /
(-L~ C
} 9 J
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y , r'., l~u . 0 _
,915 4~0 ~K: r_~: ~ ~
F I L _ ~ ~ li~1 f ilNi~1 '411 ty~,® AMi
ST.IU~IE GC.;Y'!.r'tx. ~
~ 1 ROGr_R POiTFt:,S i:fbl to '9f11/ ~MOIStftN1M~A1K
~ ~ CLERK Ct,'~E-1j il'>rVl lr 1?gftp?d i0 L1IS
• •r ~
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p J E :'`t~ aced by Ja----"~~ i
• ' ' eat was prep c;1? Cc:r.pas'Y f
::,-..~1;:~ this +nstrum c ,t~r;~CB~ j
T1;~7/l~~prpnrr,/ by: s~. iucte
~ ,~1,ldrrss Ft. p er e. Flor?da i
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