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HomeMy WebLinkAbout0967 • • and shall perform, comply with and abide by each and every the agreements, stfpulatioris. conditions and covenants thereof, and of this mortgage, then this rrtortgoge rend the estate hereby created, shall caws, de- termine and be null and void. IfIN~ IhP mortgagor hero6y (uriher covenants and agrees to pay promptly when dw 1he principal and infe?es! and other sums of money provided Jar in said note and this mortgage. or Nther; to pay aiI and singular the faxes, asses:meals, Ieuiei, ltnbilttie,, obligations, and encumbrances of every native on said pro- perly; to permit, commit or suffer no wwfe. impairment or defertorafton of said land or the improuemenb lherecn at any time; to keep the buildings now or hereajfer on said Innd )ally insured to a sum of not Less than Highest Insurable Value in a rnmpany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable fo, said mortgagee, and fn the event any stun of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aeeottnfing fo the mortgagor for any stuplus; to pay all costs, charges, and expenses, including lawyer's Jess and title sea?rhes, reasonably tnctured•or paid by the mortgagee 6ecawe of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and rnvenants of avid note and this mortgage. or either; fo_perform, 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 jails to pay when due any tax, assessment, insurance premium or other sum of money payable by~virtue of :aid note and this mortgage, or either, ilia mortgagee may pay fire same, without waiving or afjecfing the option to foreclose or any other right hereunder, and alI such payments shall bear Interest from date thereof at the highest law- f uI mie `ihen allowed by the lows of the Stofe of Florida. ~l ony sum of money herein referred fo be not promptly paid within 3Q days next after the same becomes dne, or ii each and every the agreements, stipulations. rnnditions and eouenanes of said note and ibis mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or therenjter, of the option of the mortgagee, become and 6e due and payable, anything to said noes or herein to the conlmry notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not conslitttte a waiver of any rights or options under said note or this mortgage accrued or thereat ter accruing. ~n ~~WIrzSS ~he~eof, the said mortgagor has hereunto signed and sealed these presents the day and year f irsf above tvriften. THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE pBA,LApN~CE DUE~UPON MATgUR~ITY~-IS $39 332.74 TOG 1iITH ACCR NTERBST, IF ANY, -Si9neTVseaCetT andSile taeretf/n 76e MORfiGAG~E TIDE ERNS OF TGAGE. presence o ; ~ , -_...';_..-P.'~l_~~G[...---((.Fri..~~'`G~Iat':----•---•-•------ ` - ..'..-----.,l~u%Z-iY~..._.® 4 ~ c`/'~r~ Claire Tr ~ Bufo E. 11, Sr. I STATE OF FLORIDA. GOU\TY ()F St. Lucie I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforeuid to take acknowledgments, personally appeared . CLAIRE TRIMi~t and BUFORD E. GILL, SR. to me known to be the prrson S described in and who executed the [oregoinq instrument and Whp acknowkdRed before tree that they executed th1e same. «'t7:'v`ESS my hand and official seal in the County and State last aforesaid this and day of Ju1Y A. D. l9 80 A - - - QJ.-•-~--....---._...-----•-- ~~~83g NOTARY PUBLIC Sao ,nrL .~~,,t,jp Hy commission expires: I gS.l.llClf r,OL~IY. ,~~N~.....r•.u..,,.,,,, ~ i'Olj~~'1 f.'ft {=.i rr,,~ ; ~ ~ ~ Notary Public. Stara of Rorida at large - ~ Q' Q My Corniruss~oii fspues Det. 18, 1961. i ~:r: cc r _ , 'I'l~u buinirnf~fi prr-pnrrJ hY• '~~~ri~b~,f„'~h~F',,`~`. Adrlrrxs I P~ s7oo f -