HomeMy WebLinkAbout0571 arirl shall perform, comply with and abide by etch and every the agreements, slipulnttoni, conditions and
cavenartts thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease. de-
fprmine and by null and void.
tltp mortgagor Itemby f
urlhpr covenants and ogress !o pay promptly when du. !hs principal and
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inferes! and oilier stems of money provided Jor in said note and this mortgage, or either: to pay all and
singular the faires, assessments, levies, liabilftips, obligations, and encumbrances of every naturo on said pro-
perly: fo permit, commit or strf
fpr rto u~aslp, impairmeril or deterioration of said land or the improvements ~
thetreart at any time; _to beep !hp buildings now or herraf ter on said land fully insured in a sum of not less
than highest insurable value
in a romtxtny or comtxtnies acceptable to the mortgngpe, the policy or policies to be held by, and payable
to, said mortgagee. and in the event nny sum of money becomes payable 6y virtue of such instuance the ~
mortgagee shall have the right to receive and apply the same fo the indebtedness hereby secured, accounting
to the mortgagor (or any surplus; to pay all costs, charges, and expenses, including lawyer's fees and ttthr
sparrhes. reasonably incurred or fwid by flip mortgagee because of the failure of the mortgagor to promptly
and (ally comply u~ifh the agreements, stipulations, conditions and rovpnants of said note and this mortgage.
or either: fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
coveriarils set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tar, assessment, i?tstirance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay fhp snmp, without waiving or affecting the option !o foreclose
or any other right hpretinder, and all srtch payments shall bear interest from dale thereof of the highest law-
ftll rate Ellen a11011?e<I 1)y 111P lali~s Of the Stale Of Florida.
~L any sum of money Itprein rn(Prred l0 be not promptly paid within 30 day: next after
the same bPCOnleS dup. or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, ar either, are not fully performed, rnmplfed with- and abided 6y, then the entire
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sum mentioned i?t said note. and this mortgage. or the entire balance unpaid thereon, shall forthwith or
thpreaftpr, of the option of the mortgagee, become and 6p due and payable, anything in said note or herein ~
to the conlmry notwtlhsfandiny. failure I,y the mortgagee to exercise any of the rights or options herein i
I provided shall riot fOrl5lll11lP a waiver of arty rights or options under said note or this mortgage accrued or
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Iherea f ter accruing.
~n ~itneSS ~heCeof, the said mortgagor has herrunto signed and senlpd these presents the
day and year (first above tvrillen. THIS IS A BALLOON H GE AND TAE FINAL PAYMENT OR THE
ALANCE DUE UPON MATURITY IS $47,391.66, iIITH ACCRUED INTEREST, IF ANY, AND
~i~etf;'~~itTPlf"QittilrerlkT ill--flier"~~~E~f: THE.-TER~S::OF S MORTGAGE.
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R ee~3piers
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~ STATE OF FLt)R1DA, ~ _ I
Ct~L'\TY t)F St. Lucie
i 1 THEREBY (:ERTIFY ~ that on this day, before me, an i
I officer duh• aulhori:ed in the Stair aforesaid and in the County aforesaid to take aeknowkdgments, personally appeared
CRESTON L. SPIERS and RENEEtSPIERS, his wife
~ to mr• known to ~ir thr person g described in and who c>,ecuted the foregoing instrument and whp acknowkdRtd
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Ixfon• me that they executed the same.
N'!"11ESS my hand and official seal in the• Count} and State last aforesaid this 22nd day e?f
September D. f9 80
SU0518 ~ a
} NOTARY PUBLIC
1910 ~~P 23 +I~ 30
t!lE0 ~ttC C~N.Ii tt
ST. ~qC~E ca~a+tY t t ~ M co»mission ex Tres
ROGER PC1tR.:~ ~ • y p
~ CLCFtK CIRCL'I. C''''~ r .•''r
~ Rt C" 1': c~r•r ^ ~ --tit:. 3.~v~~' t Ft.,.;~1a ~t~9~E
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%it /,~sln~niriN err furlr~l hy:
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!~i/r'~r_It1'ltlf INSTI1UMEtYT PgEPA1tED BY Sheila .I . Pauley (`K~ .r 71
TITLE & TRUST CO. -ASST. & TITLE DIV. g~j!IX PAVE ~ • +
8300 5 FEO. HWY.. PO R' ST. U1dE Fl!1P'DA 9'ia!s2
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