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HomeMy WebLinkAbout1993 ~uul sha~l p~~r~arm. ~•omply u,ill~ and a6id~ by each ane~ ei~ery l~e aUreemenls. slipu~alioris, conditions nnd COI'P~I(111~5 ~~IPh'U~. Allt~ 0/ ~~IIS -I10-~{~/IqP. ~~IPfI ~~1IS mort{~ap~ U-1~ ~IIP P1~Q~P hp.eby ~.pai~d. s~1Q~~ fP(LtP. ~P- f~rminr an~1 ~x~ nul~ and ~~oi~l. ~n~ Ihr morign~~or ~i~~m~» (ur1~~Pr i•orenanfs anc~ af~~ers lo paY Promplly u~hen due Il~e principal an~I inf~msl an~ ol~u~~ s~uns o( mon~~Y proni~~~~c~ ~or in sai~~ nole ancl Ihis mo-fga{~e. or PIIIIP~: fo pay a~~ an~ SI-1(~I1~Af ~~1N ~fi.YPS, tlSSPSC1111•f1~S, ~!'I~IPS, ~IQ~ll~l~l('S, O~)~I(~A~%OIIS, AI1l~ Pfll'1/111~)MRfPS O( ruPry nafure on said pro- pp-ly: fo p~rmiL i•ommil or su~~Nr no ~ousl~•, im~~irm~nl or ~~~I~riorafion ol saic~ lan~ ur 1{~e improvem~nla I~u~m~•n af u-~~• fem~: fo ~~•~p I~u• ~,ui~~~in{~s noia or ~~~~r~a(f~r oi~ sui~ ~an~~ ~u~~y insu~r~ in a sum o~ nol ~ess ~~~~~~ highest insurable value in u~•unipo~i~ or ~~ompo~iii~s arc~q~ln~~~~• l0 1~~~ n~orfc~af~~~P. I~~e {w~icy or po~i~-i~s fo ~-e {~~~~~ ~~y. an~~ payah~e fo. cai~~ morlyaq~~~, an~~ in 1~~~ ~~~~~•nf nn~ sum o~ mon~~y F~ec•om~s payaF~Ie ~~y virlu~ o( suc'h insuran~~e I~~P i ! morf,rya~~~v .lu~~~ I~a~•~ 11~~ ri~~l~t fo -~~r~io~• and apply f~~~ same tu ~hp ~-~d~blec~n~ss GprnF~y set•uretl. acrotu~fing i fo 1{~~ morl~~a~~or (or nny s~up~us: lo {xiy a~~ i•osfs. ~•~~ar{~PS, an~ PYPP/ISPS. in~luding Iatvypr~s j~~s anrl fiile ~ s~~arr~~~s. n•~sunn~,~y in~-~~n~~~l or ~x~i~~ ~~~ I~i~ morignf~~•e ~-~cause o~ f~~e lai~urp o~ Ihe morf~af~or fo prompf~y ~nt~+~a~~y ~•o~np~v u~itl~ l~~p a~~r~~~m~~-~ts, sfepu~alions, c•mu~ilions an~I coi~pnants oj sai~ nofP an~ I~~is morlgage. or ~if{u~r: lo p~•rJorm. ~-umplv u~ifl~ ond al~idi~ 1~~ ~a~l~ qnd iv~ery Ihe ap~PPMP/1I5. s1ip~~lations. condilions and I ! i•or~v~a-~Is s~f (orf~~ in saic~ nolr anc~ Ihis m~rf{~ngP or eifhe-. ~n t{ie rvenl f{~p morfgagor ~ui~s fo pay u~hen i c~u~ an~ fo~. oc:~~ssm~~nl. ir~sumnr~ pr~mium or ol~~Pr sum oj mon~y poyah~p ~-y ~~irlup o~ sait~ nole ant~ ff~is ~ morf~~nq~. or ~~il~n•r. f~~~~ rnorfgu~~~v may ppv f~u~ sam~. ~nif~~ouf ~i~nii~inn or aJ~c~ctinq l~~e opfiun lo ~ore~-~ose or ~my ol~u~- ri~~l~t ~~~rn~u~~~rr. nn~~ a~~ sut-~~ paym~nls sjia~~ ~-ear inlpr~sf (iom ~AIP t{~eteo~ ai f~~e ~~ig~est ~au~ ~ (u~ ml~~ 1~~~~n a~~uu~i~~~ ~~r I~i~ lau•c o( f~~~ tfnl~ o` ~'~ori~~a. Dl nnr sum uj mun~•v ~~~•r~in rP(~vr~~~ lo Eie nol promplly pai~ tuil~~in 30 <<ays nex! a~ler i f{~v .anu• ~-~~~ om~~s ~~u~•. or i~ ~ai-~i an~~ r~+~ry t~u~ aqre~mE~nfs. slipulafim~s. conc~iliuns an~J ~o~~enants o~ sait~ ~ not~ nncl f~~is mu-I~~ar~~~. or ~ill~~•r, arn nol Ju~~y p~r~orn~e~I. compliPa u~ifh anc~ a~ii~N~~ ~-y. then I~e enfire ~ sum mPnfion~>rl in s~id notr, are~l Ihis morf~~nc~~, or thP enlire 6alance unpaid lherpon, sha(I forthmifh or IKPr~a/~~r. al tl~r oplion oJ 11~~ morl~a~~~. 6pc-ome and 6~ ~IIIP QIICi nAyOhIP. 0I1V~~111~ in sa~~l note or l~erein ' ~A ~1IP rnnfrnn' IIU~II•1~/IC~p11f~1-1(~. l'Q1~U~P ~/V ~IIP morfgagpp ~O PXP/Y'ISP OIIV O` ~~P It(/~~S OI OP~IORS ~erein ' pmri~~~v~ s~in~~ nul ~-uncliful~ a u~nir~r o( any riry~~ls ur opfions un~~r sair~ nof~ or f~~is morfgaye ar~ruc~ or ; I~~~~rrn~f~~r ar~-n~ing. ; ~n ~itness ~thereof~ f~~~~ s~~i~I morlg~~~or ~~as ~~rr~unlo .iryn~t~ an~ s~alPrl tliPSe presenls fhe j ~1nv anrl ~~.•nr lirst nf~o~•i• u~riH~~n. TFIIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE ! BALANCE DUE UPON MATURITY IS $50,500.00 TOCETHER WITH ACCRUED INTEREST, IF ANY, AATI Siryn~•rI, s~~alr~I cu~rl ~L•Ii~~~~n•~I in IIu~ pr~~z~•ni-~ o/~ ~ ALL ADVANCEMENTS, MADE BY TNE MORTGAGEE UtII ER , - ,~ • THE TERMS OF THIS MORTGAGE. ~ -- ~- ~ ._.,. ~_ _ ^. r ;~. . I Witne~s . ;'~y ~~ , `= ~ PtARK TER$, I~3I_AN - ~ ' _l~~l. 4'_ t.~l. n.~ r~- / ~~ ^" ~'~.u~ ~r : 1 ~ . ~ ~ _ . _ - • _ - - --- • - - - - -- - ~ LJitness ~ ~ P IA M. TERK~tIAN =~ f~ ~,// ! l: ~f,:'•~Z~ ~~'iL!`. ~ "!_. ~~_ /C1 . ._.~ , ~ ~ ' S7~ATF. c~e t~~.; ~K~n:~, . C~~t'~TY ~ rF ST. LUCIE ~ ~ • 1 NEREBI' CERTIFY that on this day, b~(or~ me, ~n i "nffi~ rr ~iul. .~uthurii~•cf in th~ Stat~• alor~s~id and in th~ Count.• afor~•said to takr a~knuwledqm.•nts, prrsonally apprar~d i . MARK TERKANIAN and PATRICIA M. TEt~KANIAN, his wife ; to ~n~• kn~~wn u~ tr• th~• p•rwn S d~s~~ritxd in ~nd who r~.~rut~d th~ furr-~uinq instrwn~nt and Wtlo a~knowl~dRed IM(~~r~~ rn~• that tfl@y ~z~~ uted th~ sam~. ~ 27th i ~~'I"I \F.SS mc hand and o((~~ ial sral in ~hi~ l:ount~ and titat~• lasl a(ur~said this day o( i February ~~ t~- ~~ 81 _ i i ~ ~'` ' . - ~ -- -. ...._•. ..e.... ~~... - -.~.1.'..:_'t _ _ . - - ~ .._~..... ' i~3i ~'' : -~ ;.:~ s ~,3 f `' j ~ _ 'ti .~ . . , NOTA Y FU~IC ' ~ F•~:( CAI~i. ~ ( . • : ~~.it c.:,~•~i.~~ a. ~ f.;~6i1~+'~~i~k•1~ ~, p1y coimnission expires. :1. ;.KC~a_ :tGn~, t, - . ~~,t ~ io~y ~' ;~C : ._'~ . .. _ .~ • y 1:t,m :s.n, ~~;, ~- ti..y F, ~~37 ~ ~ ~ - - ~ 51~3'756 ~.6 . 8a- %7~rs h~unimr•n/ ~nr~nrr~i/ by: ,t ~~drrc~ ~~~'~3~9 p~i~~ ~ ~~ ~ ~ ~:y-.._~ . . ,. . - . _, _ _ ___._ :