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HomeMy WebLinkAbout1428and shall perform, comply with and abide 6y each and every tits agreements, sHpulaftoni. conditions and rnuenants thereof, and of this mortgage, then this mortgage and the estate heeyby created, shall cease, de- termine and 6e null and twirl. the mortgagor hereby further rnuenants and agrees to pay promptly when dw the principal and interest and other sums of money provided for to said note and this mortgage. or either: to pay all and singular the taxes, assessments, levees, Itabilfttes, obligations, and encumbronce~ of euery nature on said pro- perly; to permit, commit or sett ter no waste, impairment or deferiornfton of said land or the improvements lherecn at any time: !o beep the buildings now or hereafter on said fond fully insured to a sum of not less than highest insurable value. in a company or rnmpanies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, and in the event any sum of money becomes paynbb 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby :ecurrd, accounting to the mortgagor Jor any surpltt~: to pay all rnsts, charges, and expenses, including lawyer i fees and elite searches, reasonably incttrrerl or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of snid note and this mortgage, or either: to perform, rnmply with and abide 6y each and every the agreements, sfipulaftont, conditions and cvvenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any fox, assessment, insurance premium or other sum of money payable 6y virtue of said Hole and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest Jrom date thereof at the highest law- f trl rate then allowed by the laws of the State of Florida. 7l any sum of money herein referred fo be not promptly paid within thirty days next offer .~. ~~ \`s ~- ~,p, . ,:,~. ; .A:~,~~, - _ .'••, :~~~ `_ .:~ .''-I J~~ day of N T Y PU~ _.,.~ ~~ ., ri ~1 1 8~~~344 P~~428 -, _ - the same 6ernmes due, or if each and euery the agreements, stipulations, eonditiona and covenants of snid note and this mortgage. or either, are not fully performed, rnmplted with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall f orlhwith or therraf ter, at the option of the mortgagee. 6ernme and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constiftite a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. r~N n ~~uleSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the day and year first above u~ritfen. Signets -serried-ared~de~lit+Pred-in-elec. prrs+Prit~ of - THIS IS A BALLOON MORTGAGE AND .-DUE...UPON---MATURLTY.--IS... $23-..436...9 3 INTEREST, IF ANY, AND ALL ADVA~ -.llNDEg-.THE...TERMS..-DF...THIS-.MORTGAC Signed, sealed and delivered --in-..the--presence-.-of-= - -- - - -- ---.-.... - ---. -- - ..---.- - ~--------- --------- ----- -- ~----- --.--a~~.. 'HE FINAL PAYMENT OR THE BALANCF~ -,---TOGETHER.. ~,IITH.--ACCRtIEII .................... ;EMENTS MADE BY THE MORTGAGEE ARD..I; -: McCALL-; J'I~ . STATE OF FLORIDA, t COUNTY OF St. Lucie ` I HEREBY CERTIFY that on this day, before me, an officer duly authorized- in the State aforesaid and in the County aforesaid to takr acknowkd~:ments, personally appeared Howard E. McCall, Jr. t¢jrne~Jsttown to be the person described in and who executed the forrSoin4 instrument and whU acknowledged ~Set~or;r me that he executed the same. my hand and official seal in thr County and State last aforesaid this ,a.....u,:, , i ~ T~~4 ~ - :try. 80 -9 ~~ ~ ~4 .. ~......• •`:' ';'~ CIEFK CIRCUIT CgJglo SU9669