HomeMy WebLinkAbout0389 and shall per(urm, comply u~ilh and al?iderby each and every the agreementrs, stlpulatfoni, c`ondlttons and
('al•ellrUlfS IIII•rea(, alld oI tI115 marlfra?lP. fhert thlt mOrlgapP and fhP PSlale hereby crPafpd, Shall Cease, de-
termine and be null and void.
11n~ flte morlllaflar Ilene{>y (urfltPr cot•enauls and sprees fo pay promptly when due the principal and
inlen•sl and other sums a( money provider) for In said Hole and Ihfs mortgage, or etlher; to pay all and
singular Ilte .lazes, assessments, levies, liabilities, oblipafions, and encumbrances of every nature on said pro-
perly: to permit. commit or sn((er no u•asfe, impairment or deterioration of said land or the Improvements
Ihemen al ruts lime; fo Iteep file builrlinps now or herea(ler on said land (ally insured in a sum of not less
Iltart highest insurable value
in a company or companies acceptable Io the mo?fgager, the policy or polir-ies to be held by, and payable
fn. said marl~la~lee, and in the went any sum of money becomes payable by virtue of such insurance the (
t
morlgngee shall hare Ilu• right fn rr•r•eive and apply the same to the indebtedness hereby secured, accounting i
fo the morignrtor (ar any surplus: to pay all costs, r•harpes, and expenses, incltuling lawyers (ees and title
searr•hes, reasonably incurred or paid by the marlpallee because of Ilse failure of the mortgagor fo promptly
and fully rompw u•iflt flte aflreemenfs, stipulations, conditions and covenants of said note and this mortgage.
or cillter: to per(orna comely u~ilh and abide by each and every the agreements, stipulations, conditions and
covenants set (or1lt in said Hole and This morfpape or either. In,flte event Ilte mortgagor (ails fo pay when
due any fax, assessment, insurances premium or other sum oi~ money payable by virtue of said Hole and Ibis
morfgnge, or either, the marfpagee may pay the same, wifltout waiving or affecting the option to foreclose
or any other ri~l?rf I:ereunrler, and all such payments shall bear interest from date thereof at the highest law-
ful rote Ilten alluua•d 1?y the laves of the state of Florida.
~l rutY sum of monov herein referred fo he not promptly paid within 30 days next offer
the same beco?nes dare or i( each and every the apreemenfs, stipulations, conditions and covenants of said
note and this morl~tape, or either, are not fully performed, complied with and abided by, then the entire
sum menfionerl in said note, and Ibis morlgape, or the entirr balance unpaid thereon, shall forthwith or
(hereafter, at the option a( the morfpagee, bernme and be due and payable, anything in said note or herein
to the ronfrnry nofu•rlhstanrling. failure I,y the marfl?agee fa exercise any of the rights or options herein
providrvl shall oaf ronstilule a waiver of any rights or options under said Hole or this mortgage ncpued or
fhereaflrr accnrinq. t
t
~n witness whereof the said mortgagor has Itereunlo signed and sealed these resents the 7
day and vear first a6oee written. TENS IS A BALLOON MORTGAGE AND THE FINAL PAYME)~ OR THE
BALANCE DUE UPON MATURITY IS $35,797.97, TOGETHER WITH ACCRUED INTEREST, IF ANY,
tr~jce•t~A~~~IT~r~e~EII~YIr~~ytrl~O~G GEE UNDER THE TERMS OF THIS MORTGAGE. IF TH
TWO YEAR EXTENSION IS GRANTED THEN THE B CE
DUE THEN WOULD BE $35,321.53
~ _
/ •
~ Luigi Cian dglio>~k _
>~u~
Blanca Ci fagl~o
~ I STATE OF FLORIDA, t
~ Ct)[-\TS• t)F St. Lucie 4
I IIEREBY CERTIFY that on this day, before me, an
ofiit cr dale authurir~d in the Statr aforesaid and in the County afon•said to takes acknowledgments, personally appeared i
a LUIGI CIANFAGLIONE and BLANCA CIANFAGLIONE, his wife
to rn~• known to Ix• thr p~•rson S described in and who PaffUlPd the torreoinq instrument and who acknowledged
Ix•for,• nx• that theysrcuted the same.
~~"Il \ESS my hand and official seal in th,• County and Stat~• last aforesaid this 1St day of I
s August D. 19 80
5 I
190 ~U~ -5 PSI 2~ 09 _ _ ~ ' .
4
1 Fi:EO tKf F: C(1"oi0
~ ;T.ttfClE COUtiTY.TIA.
'F. C • ~ ~ ~ i ROGER POITRAS Florida at l2rge
CLERK CIRCUIT COUR~Q Notary p,iF. ic. S?E~- ~ce5 ~eG.18.
~ F.;:::~~. 4 5142
~ ~
' "/7in lirsln~inrile prr~rarr~/ /?y:
'I Sheila J. Pan1eF ItR
.tr/r/rr~,r THIS INSTRUMENT PREPARED BY, el,~t./`/`/ 1 -(Xx
' ~ TITLE & TF2UST CO. - Af35T. ~ TITLE DIV. (~V
a ~ X00 S. FED. HWY., PORT 5T. LUCIE. FLORIDA 3~45Q
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