HomeMy WebLinkAbout1473 and shall perform, comply with and abide 6y each and every the ag?wments, stipulations, rnnditlons and
covenants thereof, and of this mortgage, then this mortgage and the esfale herby weated, shall esass, de-
termine and be null and void.
the mortgagor hereby further covenant: and agues fo pay promptly when due the principal and
interest and other sums of money provided for In said Hole and this mortgage. or either: fo pry nU and
singular the faxes, aueumenb, levies, Iia6tltftes, obligations. and ertcutnbr+aness of every Wotan on said pro-
perly: fo permit, commit or sujf
er no waste. impairment or deterioration of said land or the improvements
thereon at any time; fo Keep the 6Wldings now or herrafter on sntd land jolly insured in a sum of not less
than maximum insurable value
In a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and In the oven! any sum. of money becomes payable 6y virtue of such insurance the
mortgagee shall hnue the .fight to receive and apply the same to the indebtedness herby secured, accounting
to the mortgagor for any stuplw; to pay all costs, cltnrges, and expenses. including -lawyer i fees and title
searches, reasonably incurred or paid 6y the mortgagee becawe of the failure of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of sold note and this mortgage.
or either; to perform, comply with and abide by each and every the agnemenb. stipulations, conditions and J
. covenants :et forth fn said note' and fhb mortgage or either. In the event the mortgagor jaib to pay when
dos any fax, assessment, insurance premium or other stun of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the tame, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date ther+eoj-af the highest law-
f ul rate then allowed by the lows o/ the State of Florida.
any sum of money herein ref
erred to be not promptly paid within thirty days next after
the same becomes due, or if each and every she agreements. stipulations, conditions and rnvenanb of said
note and this mortgage, or either, an not fully performed. complied with,.and abided 6y, then the entire
sum mentioned in :rid note, and this mortgage, or the entire balnrtce unpaid eher+eon, shall forthwith or
thereafter, at the option o/ the mortgagee, become and 6e due and payable, anything in saki note or herein
to the contrary notwithstanding. Failure 6y she mortgagee to exercise any of she rights or options herein
provided shall not rnnatittrte a waiver of any rights or options under said note or fhb mo~gnge accused or
thereafter accruing. -
~n , the said mortgagor has hereunto signed and sealed these presents the
dry and year f
inf above written.
Sig sled n de in the presence of : _ _ }
Fr A. Guerrf ero
-
THIS__ IS A__ BALLOON MORTGAGE AND T_ FIRAL PAYMENT 08-_THE-._BALANCE--~
~I DUB UPON MA'~UB~~Y~~~S--~~-~-33~~~5~38.~u~ bG~TH~B~•-WITH ~-ACCHUTD INTEREST,
I F ANY AND ALL ADVANCEMENTS MAD BY THE_ MOHTG_A_
GEE UNDE__ 8 THE
.
TE1~15---- f~--'~JTI~~~M(SfJ't`G~GE. ~~I...AnD1TI0~1 ~5,000.0(S ~BA~:LObN PRINCIPAL
PAYMENTS ASE DUE UNDER THE NOTES SECURED BY THIS MORTGAGE ON
JULY 18, 1980, 1981, 1982, 1983, and 1984.
STATE OF FLORIDA. SS `
CotJN'rY of ST . LUCIE ~ .
j I HEREBY CERTIFY that oa ebis day. be[ore rue. an
officer duly authorittd is the State aforesaid and in the County aforesaid to uke acknowledgments, personally appearrd
E FRANK A. GUERRIEEO, a single adult
~ to me known to be the person described in and who executed the lorrgoing instrurneot and he acknowledged
i
before me that hg esecuted the same.
s
! WITNESS my hand and ofCcial seal is the County and State last aforesaid this '~~19 2(~ day of
MAY A. D. 19 80.
49U509 ;
0~'AUY ~ ~tTBLIC, fate oP Florida
at Large , t
1990 JUN 23 ~ ~ 13 My Commission Expires:::::~_ • ~ ~ : ~
y Ftt.t:o Inc fi:co:+o u My Commission Expires lul~;~~981 tf_
ST.LUCIEECQJNTY.iIA. ~~~J~, ••••••.a~s~i~~.
ROGER POITRAS ~ -
CLERK CIRCUIT CO 'RT ~ ~ t E? d =YN "s
~ : ~ J i
'~~viON
Tliu hulrunanft prrlanrrr! by: AttorneyGBtRI,aNRO , ~ . 3 ~
A~IJ~ru 207 Orange Avenue
Ft. Pierce, Florida 33450 8(;OK~ p~i~"r1 -