HomeMy WebLinkAbout2859 and shall per/orm, romply u~ilh and abide by each and et+ery the agreements, stipulalloni, eondttlona and
cot+pnants the?eoj. avid of this mortgage, then this mortgage and the estnts hereby created, shall cease, de-
termine and by null and twirl.
TULff< the mortgagor hen+by further eovenanls and agrees to pay promptly when dos the pNncipa[ and
tnferest and oilier sums of money provided for In said note and this mortgage, or either; to pay nll and
singular the tarps, assessments, levies, liabilities, obllgafions, and encumbrances of every nntttro on said pro-
perly; fo pprmii. commit or slit
jpr no u~asfe. impairmertl or deterioration of satd land or the improvements
Ihprrcn at arty limp; to keep the buildings now or hp1'pa(ter on said land fully insured to a sum of not less
than highest insurable value.
In n company or companies acceptable fo the mortgagee, the policy o? policies fo be held by, and paynbb
to. said mortgagee.. and in fhp event any sum of money becomes payable 6y virtue of such tnstu+nncY the
mortgagee shall /rave Ihe~ right fo receive and apply the same to the indebtedness hereby secured, aceountfr?g
to the mortgagor for any surplus; to pay all rnsts, charges, and expenses, includttlg lawyer i fees and title
searches, reasonably incttmed or paid 6y the mortgagee because of the jntltu+e of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said Hole and this mortgage,
or either; to perform, rnmply with and abide by each and every the agreements, stipulations, conditions and
rnvenanls set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, tnstrrancp premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same. without waiving or of
jetting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
(ttl rate then allou+ed by fhp Iau.s of the State of Florida.
any sum of money ltprein rplerrpd fo be not promptly paid within thirty days next after
the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants of said
note and this mortgactp, or either, are not jolly perfot~rted. complied with and abided 6y, then the entire
sum mentioned in said note. and this mortgage, or the entire balance unpaid thereon, ahnll forthwith or
thereafter. of flip option of fhp mortgagee, become and be due and payable, nnyfhing in said note or herein
to fhp contrary nolwifhstanding. Failure by the mortgagee fo exercise any of the rights or opttoru herein
provided shall not constitute a u+aiopr of airy rights or options under said note or this mortgage accrued or
Iherpa f Ier accruing.
~n ~t~eSS ~f~ereof, fhp said mortgagor has hereunto signed and sealed these presents fhp
day and year first above a+riffen-
Si9+red.swe~-awd~rlplet•snrd-iR-lhr-prrsrfrc~-ef
THIS IS A BALLOON MORTGAGE AND F. FINAL PAYMENT OR THE BALANCE
Pii1a_..UPQM. MAT(T-RITY-.IS-_-$4.,600•.07_,-- _OGFTAER._WITA-_ACCRUED-_IN~EBBST.-®
IF ANY, AND ALL ADVANCEMENTS E BY THE MORTGAGEE UNDER THE
'~~12M~.- OF•.THIS-_ MORTGAGE,____
Signed, sealed and delivered in
the e-sence--,of •
d-- RUCE S . COHEN
- i Hess ~ - - - -
w to ss
STATE OF FLORIDA,
COG'VTY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgments, personally appeared
Bruce S. Cohen
to me known to be the person described in and who executed the foregoing instrument and Wt10 ackttowkdRed
before me that he executed the same. Q'
NI7TiESS my hand and o(ticial seal in the County and State last aforesaid this a' V ~ day of
D@ Celabe r A. D. 19 7 9 •
,
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