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HomeMy WebLinkAbout0744 and shall perform, comply with and abide 6y each and every the agreements, stipulatto?is, conditions and covenants thereof, and of this mo?tgape, then 1ht: mortgage and tits estate hereb; created, shall cease, de- termine and be null and twirl. the mortgagor hert.•6y jwther covenanta and agrees to pay promptly when due the pNncipal and interest a?td other sums of money provided for to soil note and this mortgage, or etcher; fo pay all and singular the fares, nssessmenls, leutea, liabilities, obligations, and encumbrances of every nature on said pro- perty; fo permit. commit or sttf ter no waste, impairme?tf or detortoratton of said land or the tmprovemenb therrcn at any time: to keep the buildings now or hereafter on said land fully insured to a sum of trot less than full insurable value. in a company or companies acceptnble to the mortgagee, the policy or poltcies to be held 6y, and payable to, said mortgagee, and in the event any sum of money bernmea payable by virtue of such Insurance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured. accounting to the mortgagor for any surplus; fo pay all costs, chnrges, and expenses, Including lawyers fees and tIfle searches, reasonably incurred or paid 6y the mortgagee 6ernuse of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and cvvenants of said note and flits mo?fgage, o? either; to perju?m, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fait to pay when due any fax, assessme?tf, i?tsurance premium or other sum of money payable by virtue of said note and flits mortgage, or either, the mortgagee may pay the same, without wniving or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear interest from date thereol at the highest law- - f ul rate `then allowed by the laws of the State of Florida. ~l any sum of money herein referred to be not promptly paid within 30 days next after the same becomes dice, or iJ each and every the agreements, stipulations, rnnditions and covenants of sold note and this morfgaffe, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notu~Uhstar?ding. Failure by the mortgagee to exercise _any of the rights or options herein provided shall not constifufe n waiver o) any rights or options under said note or this mortgage acc?ued or thereafter accruing. THIS IS A BALLOON MORTGAGE AND THE RNAL : - - ~u OR THE BALANCE DUE UPON MATURITY f ~ 2 808.33 ~n ~D~~Q~ ~ht~~f r the s~1(~IpB~~ryy~ IK~rEr,~~r1~~Tea~'~~l'e`t~esents the day and year f irsf nbot•e tvritfe?t. ADVANCEMENTS MADE BY TtiE MO,Q?GAG ~[~Dt.,. JER~S OE T~il~ MO~TGAG>w. / $tgne ,sea an tvered in f presence o - - ~ = •'t:~ - - - e ~ on Jun oho - - - - --~I---- - A~. J 97o n € STATE OF FLnRIDA, COl'\TY OF ST. LUCIE i I HEREBY CERTIFY that on this day, before me, an officer duh• authorised in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~VERNON H. JUNGJOHANN and ARLENE M. JUNGJOAANN, his wife to me• known to be th~• persons described in and who executed the foregoing instrument and they acknowledged I~efor~• me that they executed the same. 1~'I7:1ESS my hand and official seal in the County and State last aforesaid this 25th day of Ap~i~.-- A. D. ISO n ` a ~~...r . - - r ~ Nota- y --Public ~ ~ - •fa t'~ ~ ~ 29 s.^Ny_C, ~ " ..,tt ~ciS Lam' • 3. ~ ~ PILi:C~ J.K:. GUhi J Si. LUCIE CCt)N i Y f t A- ROGER POITRAS pLERi(C1RCUtT CpbAT 484bi0;~ 77iu I//1/rr~nu'/// t~' trrJ h 1 I P f"' y• Harold H. Goldman, Esquire ~ 8028 South Federal Highway Port St. Lucie, FYorida 33452 PAGE ~44 ;t - - _