HomeMy WebLinkAbout1751 and shall perform, comply with and abide 6y each and eisery ~ the agreements, sttpulattoni, eondittoru) and
covenants thereof, and of Chia mortgage, then this moHgogs and !hs estate herby created, shall cease, dt-
termine and bs null and. ootd.
the mortgagor heroby further covenants and agrees to pay promptly when dw the principal and
interest and other sums of money provided for in snid note and this moHgags. or tither; to pay all and
singular the taxes, assessments, Ieuies, Ifabilities, obligations, and enctunbrarteea of et{+try nnturo on snid pro-
perly; to permit, commit or suffer no wrote. impairment or deterioration of snid land or the improvements
thereon at any time; to keep the buildings now or hereafter on said Land fully insured to a sum of not less
than highest insurable value •
in a company or rnmpanies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee. and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall pane the right to receive and apply the same to the indebtedness hereby secured, accounting
to the morfgaf?or for any surplus: to pry all rnsts, charges, and expenses, including lauryeri fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the jnilure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and covenants of snid Itote and this mortgage.
or either; to perform, comply with and abide by each and every the agreements, stipulations, rnnditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and. this
_ mortgage, or either, the mortgagee may pry the same, without waiving or of
fecfing the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Iaw-
jul rate then allowed by the lows of the State o/ Florida.
any sum o f money herein ref
erred to 6e not promptly paid within thirty days next after
the same bPCOnleS due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, rnmplied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire 6nlance unpaid thereon, shall forthwith or
thereafter, of the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notu+tthstanding. Failure by the mortgagee fo exercise any of the rights or options herein
provided shall not constifttte a u+aiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~ulQSS ~het'eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first abOl+e tt+riften. THIS IS A BALLOON MORTGAGE AND THE FINAL PAY-
MENT OR THE BALANCE DUE UPON MATURITY IS $21,421.05, TOGETHER WITH
Signed, sealed and delivered in the prPSPIiCP of: ACCRUED INTEREST, IF ANY, AND ALL
ADVANCEMENTS MADE BY THE MORTGA EE UNDER THE T R_M_S OF THIS MORT E
~
.1.1::1.~!1.~.(L'._rig.-17:.!.c....E.alL._.x:.._.{....__.___......_.._._........
~ - RONALD R. HORSTMEIER
BRENDA J Y HORSTMEIER
i
STATE OF FLORIDA,
C(?L'NTY OF S T: LU C I E
I HEREBY CERTIFY that on this day, be[ore me, an
officer duly authorized in the Stair aforesaid and iri the County aforesaid to take acknowledgments, personally appeared
RONALD R. HORSTMEIER and BRENDA J. HORSTMEIER, his wife
to me known to tx the person S described in and who executed the foregoing instrument and Who acknowledged
I{eforr me that t h e ytxecuted the same.
~V17~tiESS my hand and official seal in the County and State last aforesaid this 1Sth day of
~1~ A. D. 1980 '
.
t 6~ ~ -
F. ``J • - .s
a _ ....i a ~ _
YA2~~ _ NOTARY PUBLIC
= t - X86995
o' ~ l9~0 n., t 19 Pit 1.: 2S
r~~~~4MMISSION EXPIRES:
Fare ,th[ Ft:c:;f~[o
St.LtsC:E t:Ot;NTY.FIA.
Notary Public. State of FloriAa at large ROGER P017RA5
Riy Comm~ss~on Expues Dec. 18. 1981 3;.f:Rit C14;,{Jlt COURID
"!'iris/ i'llArrppfl// prp~rr~J hy:
,'~{J{/J(_fj THlti INSTRUMENT PREPARED BY, .SynTi A r ~n'^~ 1~ p~E~~
TITLE & TRUST CO. -ASST. & 'T17LE~ 018t~i~ lll/a V
~SOG 5. FED. HWV .PORT c7 t.~rrtE. Ft^c•7A ~1t~2