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Home My WebLink About2334 and shall perJonw, coms?ly with and abide by eac~i and every the ogrrtw?ents, stipulations, eor?ditioru and c+aaettonts tlwr~wJ. artd of this ntortgope, then this mortgngs and the estate herby crated. shall cease. de- fatwine and 6e Hall and void. flit etwlgegor herrby further cotrortents end agnas to pt•y promptly when dw the principal and tntetresl and other sums of money provided for in said note and this mortgage. or either: to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbrnttres of every nature on said pro- perty; to permit, commit or suJjer no waste. tmpairmenf or deterior+ntion of :aid land or the improvements thereon at any time; to ~P the buildings now or hersjter on said land fully insured in a sum of not less than highest irsurable value in a company ar companies acreplable to the mortgagee. the po~icjr or policies to 6e held 6y, and payable to, soid mortgagee, and in the event any sum of money becomes payable 6y vi?ttte of such insurance the e~o.tgogee shall here the right to receive and apply the same to the indebtedneu hereby secttr+ed, accounting to the mortgagor Jor any surplus; to pay all eosls, charges, and expenses, including lawyers Jeer and title searches, reasonably inctured or paid by the mortgagee bemuse of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said tote and this mortgage, a either; to pe?jorm, comply with and abide 6y each and every the agreements, stipulations, conditions and eorertants 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 stun of money payable 6y virtue of said note and this wortgage, or either, the mortgagee- may pay the same, without waiving or ajjecting the option to foreclose or any other right hereunder, and all such payments shall bear interest Jrom date ihereoJ at the htghe:t law- f ul rate then allowed 6y the lau?s of the State of Florido. any sum of money herein re/erred !o be not promptly paid within fifteen days next alter the same becomes due, or ij each and every the agreements, stipulations, conditions and rnvenants of said .wte and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire stow mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thet~eajter, of the option of the mortgagee, become and be due and payable, anything in said note or herein to the corttrory nofu~fhslanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereof ter actTUing. ~ ~ltCtOf, the said mortgagor has hereunto signed and sealed these presents the dry and year tint above u•riflen. THlS IS A BALLOON MORTGAGE, AtdD TliE FINAL PAYME//hT OlR/yTH/E~/B~ALAi1CF DL'E U?ON MAiUR17Y Signed, sealed and delivered in the presence oJc IS S -/j ~7 (.c.+~p Ti)C~3~_~. :.'t~ti ..C- CRUED INTEREST, IF ANY, Ati~ AlL AD': ([?J7S--lrl~tS>:._.B'Y--1`Nt:...(~:i; ~t7GA~~~~~LYfii r TeRMS OF THIS MOR ~ C:,CE. (L.S. . i e I STATE OF FLORIDA, t ~ f coc~-rY of ST. LUCIE ` ~ I HEREBY CERTIFY that on this day, before me, an F s officer dot. authorized in the Stair aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared JAMES E. HATFIELD, JAMES R. TURNER and JOSEPH G. MILLER i to mr known to br the person S described in and who executed the foregoing instrument and they acknowkdRtrd 6eforr tr?e that they r:ecuted the same. k~'ll:\ESS mr band and official sral in thr County and State last aforesaid this 3rd day of August i A- D. 1979• tary tic t~0 .P."~ 10 1?A 3' S2 j ~~AK~Dl~.i1 x~tAtsi.,N•i Tarr(?UiRtpAAIIAR(A i SLR ~~~SA. M? COMMKSION f1VttlS Stil 1? 191 ~ t~tftcorfcottt~tltfT sc~rrDiD :?tRU C#wRAt tNti ~rglRwtrFRS ~ r 489112 ,-,;.~;.........~,t ~ b,~GTA h ~S* : t - ~ JOHN EDGAR SHERRARD ~ ~ ' Iba In~trun,nrt prrpiorrJ by: Attcmey At Law t .1JJrrxs 2u3 S. ln~i6n River Drive ~ ,n~~`Z~~.,`ti, • ' P. O. Eox 4332 ~ ~ t! ~t~ PL~E~;,eX..~ Fort Pierce, Florida 334504 . -l G;~w<: - - - - _,~--e. - - _ - .;Y~