HomeMy WebLinkAbout0529 and shall perform, comply with and abide 6y each and every the agreements, sttpuiattoni, conditions and
covenants thereof, and o/ this morfgape, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and void.
fhp mortgagor hereby further rnvpnanls and agrees to pay promptly when due the principal and
interest and other sums of money provided Jor in said note and this mortgage, or either: to pay all and
singular the fares, assessments, levies, liabilities, obligations, and ertcumbronces of every nature on said pro-
perty: fo pprmtl, commit or sttf
Jpr no waste, impairment or deteriorotion of said Land or the improvements
Ihprecn al any time; to beep iltp buildings now or hereafter on said land fully insured in a sum of riot less
than nil
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee. and fn fhp event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall harp the right to rpcpit?p and apply the same to the indebtedness hereby secured, accounting
fo fhp mortgagor jor any surplus: fo pay all costs, charges, and expenses, including lawyer's Jees and title
searches, reasonably incttrrpd or fwid 6y the mortgagee because of the failure of the mortgagor fo promptly
and fully comply u?ifh fhp ag?ppme?tts, stipulations. conditions and covenants of said note and this mortgagR,
or either; fo perform, comply with and abide bypach and every the agreements, stipulations, conditions and
covenants spf forth in said note and.fhis mortgage or either. In the event the mortgagor (ails io 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 pay fhp same, without waiving or of
jecfing the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
ftsl mte then allotuecl by the laws of fhp Sfafe of Florida.
~l any sum of money herein referred fo be not promptly paid within thirty days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully per(orrned, complied with and abided 6y. then the entire
sum mentioned in said note: and this mortgage. or the entire balance unpaid the?eon, shall forthwith or
fhprpajfer, at fhp option of the mortgagee, become and be due and payable, anything in said note or herein
fo the contrary nofwdhslanding. Failurptby the mortgagee fo exercise any of the rights or options herein
i provided shall not constitute a u~airer of any rights or options under said note or this mortgage accrued or
~ fherewJ/er accruing.
~n ~itn~SS whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above tt+rftten. THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE
BALANCE DUE UPON MATURITY IS $6,795.63, TOGETHER WITH ACCRUED INTEREST, IF ANY,
Signed. sealed and dplit+erpd in fhp presence of . A~ ADVANCEMENTS MADE BY MORTGAGEE UND
T ERMS OF S MO AG
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AMOS ~ -OItN - - - -
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ITNESS - - MAItY'..I.... J`0 .
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STATE OF FLORIDA,
{ cc)~~TY c)F pADF
~ 1 HEREBY CERTIFY that on this day, before me, an
officer duh• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
AMOS A. JOHNSON and MARY I. JOHNSON, his wife
r to nu• known to be the persons described in and who executed the foregoing instrument and who acknowkdged
I~efore me that they executed the same. '
\~'17:~ESS m~• hand and o!(icial seal in th.• C.ounty and State last aforesaid this day of
AvGj, A. D. 19 80
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NOTARY PUBLIC
iilEO Rtit' Ff COt?:~FO MY COMMISSION EXPIRES
° SLtUCtF COU!l1Y.~tA. Aohry Or6fK, $t~ ~ ~
ROGER PCITRAS -
~ CLfRi(CtRCUIT COtSttT s 5, ~ Eyes Fat. 6, 19x/
t.Ft;Of'•1'.'f _ ?l,,y ~-i~ MOM/ ~r A..ra. rr. a Gr.i,, t',~~
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%l/u~~IYn~nun~~rt prrp~rrr-~/ by:
:LI~JSlieSIN^PUMEMTPREPARED9Y. Sheila J. Pauley 6f;OK~~ PdCE ~
i, TITLE f PRUST CO. • ASST. & TITLE DIV.
e500 S FED HWY., PORT ST. LUGtE. FLORIDA 33x32
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