HomeMy WebLinkAbout1632and shall perjorm, comply wilh and abtde by ~h and every tl-e agreements, stipulaltons, condltions ond
conenanfs IhPr~o~. nnd oJ Ihis morl{~aslP. Ihpn Ihis mortgage and the eatofs hereby rn~atacl, shnll ceaae, de-
fP~mine an~I Ix~ n~ill an~J i~oi~~.
~inR f{iP murlf~n~or I~Pii~tiy ~urf~er covenanls and agrees (o pay prompf~y when due ttie principa~ ond
inferest an~ ol~~er sums o~ monPy provi~c~ f or i~ soi~ note and ftiIt morfgage, o~ etfhpr: to pay o~~ and
sin{~u~ar t{~e IA~PS, assessm~nfs, ~evies. ~ia~i~ifi~s, oh~if~alions. and encumbmnres oJ every naltue on said pro-
perty: to pprmil. commif ar su~~Pr no wasfP, impai-menl or ~~eferiorafion o~ saic~ ~and or fhe improvemenls
IhPrnrn nt nny limi•: io Ir~p~ ~h~ bui~~~i~~gs ~~ou, or I~erna)1~r on said lan~ ~ully insured in a sum o~ noi ~ess
than full insu~able value ~
i~t a com~~a~iy or compani~s ncc~pfa~~~p fo f~~p morf{~a~~ee, t~~e po~ecy or po~icies to ~~e {~p(~ tiy, and paya6le
to, s~i~I morl~~ac~~~, antl in I~~e et~enl any sum o' RlOf1Py 6PCOR1P5 payab~e Ly oirtue o~ sucti insurance ftie
mortga,ryrp sliall har~ fhP -i~~ht Io r~~•~io~ and apply 1hp same to the indebledness hereby secu~ed, uccounting
fo f~~e morfc~a~~or jor ~ny surp~us: fo pay a~~ cosfs. ~•~~ar~es, nncl expenses, inc~uc~ing ~awyer~s ~Prs and fit~e
SPU-CIIPS. -PASOf1AI-~y incurre~~ or ~ic~ tiy 1~~~ morfpas/~e ~et'ause o~ t~e fai~urp o~ f~ie morfgapor lo prompl~y
anc, ju~~y romp~y u~il~~ f~~~ ngrNi~m~~nfs, stipulalions, c•on~ifions nncl covenanfs o~ sai~ note anc~ ftiis morfgnge.
or ~iflu~r, fo p~~rjorm. ~•omplp u~if1~ one~ a~~ic,p hy ea~'~~ an~~ Pl~PPy I~IP agrpemenfs, slipu~afions, condilions ane~
coe~~nn~~fs s~t forf~i in s~ti~l note anc~ this morlga~/e or either. In Ihe rvent Ihe morfgagor lails to pay eu~en
due any fox, assessmrnf, i-zsurani•e premium or ot~pr s~em oj money payablP ~.y ~~irfue oj sait~ noie anJ ttiis
mortgnc~e. or ~it~u~r, f~~e morf~~ag~~ may pay t{~p some. inil~~out trnit~ing or ojfe~tin~ f~~c~ opfion to forec~ose
or any olh~r ricJ~t herrtuuler, nrul alI siu-h payments shall 6ear inlPrpst /rom tlate thereoj QI IIIP hig{~est lau~-
iu~ role 1~~~-e a~~ou~ia~ ~~y f~ie ~nu~s o~ I~i~ Slafe o~ F~Iori~~a.
~L ~ny sum o( mvney ~~erein fP~Pff~ IO he not prompt~y paitj within t'h1Y~ (30) days next n~ter
th~ sam~ bPC-om~s due, or i( each an~I ei~erV the a{~reements, sfipulations, condilions and ~-oi~enants o( said
note nnt~ 1{~is mo~f~~a~~~~, or ~ilhPr, are nof JuIIy per~onne~, comp~iec~ wil~ anc~ a6idecl 6y. !~-en lE-e enfire
sum menlione~l in said nolP, anrl Ihis morl~age, or fhe entire ba~ance unpaid tF~Preon, s{~al~ (orthwith or
fhereafter, at th~ option oj fl~e morl~~ac~ec~. Gerome and bp due and payab~e, anything in said nole or /~erain
fo f~~~ ~ontrnry noftviflislnn~ing. ~''ai~ur~ ~iV fhe mortgagee to exercise any o~ t~e rig~ts or options herein
proi~i~~rcl s{~all not conslilul~ a u~~iv~r o~ any ric~{~fs or options unc~pr sai~ nofe or fhis mortgage accruec~ or
tE~ereafl~~r act'ruit~[~.
~n ~ttnQSS ~~~~1~ thp said mo-tgagor has F~pre~into siyne~ an~1 sealed these presenls t1~e
day mul y~ar (irst c~bore u~.itten. THIS IS A BALLOON MORTGAGE AND THE FZNAL PAY-
MENT OR THE BALANCE DUE UPON MATURITY IS $60,350.00, TOGETHER WITH
1~CCR~,JED I TF~R~F~T, ~IF ~NY, AND ~L ADVANCEMENTS E BY THE MORTGAGEE
~gne sea~~an ~ u~pre~ in t e presPnce o: ~DER THE TE F THIS MORTGAGE.
- ~i,~~o~c~u
~... -~,.._._. ._...._ ... ...- _ - .. __ - -- . . .. . . .. .... . .. . ... ._.__ - ._ ~ .~ -- --.._.. . . .-----~
..... .. ~
~ FRIEDHELM ROSE
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L~t ~ ~-~--a-~-~. - -. _.._..... ...__ > - - --~ -- -- - -- -
.._._.._..._._-.-.-•-.•-•-~
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-- - -~ - - --.....- -- - ..... . .. . . .......... _ ..._ .... ..__ . - .... .. . .. .. . ....._ _ . ... - ---
STATF OF FLORIDA, ~
COU:~TY OF ST. LUCIE
I HER£BY CERTIFY that on thi~ day, before me, an
otticer duly authorized in the Statc aforesaid and in the County aforesaid to tak~ ackirowledqments~ personally appearcd
FRIEDHELM ROSE '
to me known to Fx the prrson d~xribed in and who ea~cuted the for~qoinR instrumc~t and he acknowkdsed
beforc me that he ~xccuted the ume.
• \K`i71VESS my hand ancl o((icial xal in thc Cuunty and Stat~ last aforesaid this ~~~ d~Y ~
. ''~~ " A. D. 19$1 .
: ~ ~ • ~`A~e~
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~~ ~ .-. ~ ~ = ;~::; ,~:...; -.' ." : ~ ~ G°
..- • . ~ e t ~.~ :• : ;.r:'f ; N~TJ-~tf -UEtIC ST4Tf Of fLORIDA A1 LJ~RGrt
, : _ - ".• • r i . ~. Mr CO:vMaSStOv f ~PIRES n!R . ~d 1951
•' ~~ .-~~ r ~ ;' i: G:~ ~ONlOED iliRtl GENERAL 1 NS UN~[R iNR 17ERS
. . ' l: ;~ ~ ~
51~51U
!l»s I»ftrr~~»~~,r p,rpnrr~f hy: Hiram Manning, Attorney
A~fc1~'ss P. O. Bo x 3 7 5 2
Vero Beach, Florida 32950
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