HomeMy WebLinkAbout0673and shall p~~form. ~~omply will~ and a6ide 6y ~1~ and ei~ery tf~e agreemenfi, iflpulaltoni, rnndtfioni und
corenanls Ihe-ea(, and o~ Ihis niortpa~p, Il~en Ihis moNga9e a~d rhA ealate I~ere6y c-ral~, sl~all ceaae, de-
lermine antl I~e nu~~ an~ voi~.
~ fhe morlganor ~erutiy ~urther rnvenanfs and agrees to pay promptly when due Il~e principal and
interesl anc~ olhpr sums o~ money provi~ed for In iatd nofe and lht~ mo-tgctge, or eil~er; fo pay a~~ nnd
atngu~ar ff~e fa.res, assessmpnts, ~evies, ~iatii~ities, ob~igaiions, ant~ encumbmnces o~ every nalure on spid pro-
perty; lo permtl. rnmmll or suJ~e~ -io waafe, impai~menf o~ c~eteiiorafion oJ satd bnd or Ihe improvementi
ftiPnecn al any fime; lo ~Pep II~e hutl~Itnfls nou• or tie-ra~f~r on sai~ ~an~ ~u~~y insure~ In a eum o~ nof ~ess
~tiQR FULL INSURASIE VALUE
in a company or c-ompaniPS acc~plab~e fo f{~e morfgapee, Ihe po~icy or po~tcies fo tie tie~ by, an~ payable
fo, sai~ morf{~agee, an~ in Il~p e~•enl any sum o~ money ~-rnmes ~ya6l~ 6y u[rfue o~ sucti irtsurance I~e
morfga~pe sl~all han~ the rigf~t to ~PCPIVP ond apply tl~e same to the inde6tedneas here6y secured, ncc~ounting
fo ttie mo~fga~or (or any surp[~u: !o pay a~~ cosfs, charges, anc~ expenses, inc~uding ~awyer~s lee: anc~ t1l~s
:ea.rhps. .p~o-~a6ly inc~wre~ or ~xiid 6y fhe morfgagee because o( the ~ai~ure o~ ftie morlgagor fo prompf~y
ancl (u~~y comp~y wifl~ tF~e agreemenfs, sfipulafions, concrifions ana covrnants o/ said noie and this morigage.
or eitf~er; to per(Qrm. ~-omplv with and a6ide 6y eacl~ and every Ihe agreemenls, sfipulafions, condittona and
covenanls set ~orth in said note and this mortgage or either. In the event the morfgagor jaila to pay when
due any tax, ~sscssme~t, insumn~e premium or ofher sum oJ money paya6le 6y virtue o~ said nole and tl~is
mortgage, or pit~~er, fhe morfgagee may pay fhe samp, tuit{~ouf waivinfl or aj~ecting t{~e oplion to ~o~ec~oae
or an~ o1he~ ri~ht F~Prpunder, and all such paymenls s{~aII 6ear inferesf (rom date IhereoJ at 1he hig{~est law-
~u~ rate Il~en allotue~l 6y tl~e ~au~s o~ fRP Statp o~ Flori~la.
~L any sum of money ~erei-i re(erred to he not prompl~y paid wittiin Se@ note c~ays next u~ter
thP sam~ 6ecomes dup, or i~ eacl~ and pVpl~ ~~P Q(/IC~E~-RPRIS, slipu~ations. conc/ilions and couennnfs o~ saitl
note and ~{~is mortga~p, or Pilher, are no1 /ully per(ormed, complied u~ilh and a6tded 6y, tRen the entire
sum meniioned in said no1e, and tl~is mortgagp, or t6e enti-e 6alance unpaid if~ereon, sl~all Jortl~wifh or
therenjter, af th~ option oJ tf~p mortgac~ee. 6ecome and be due and paya6le, anytl~ing irt said nole or herein
to fhe confrary notu~ilhsfnn~ling. f=ai~ur~ 6y the mortgagee fo exercise any o~ the rig6ts or optiona herein
pro~~iclecl s{~a~~ ~~of constil~efe n u~ninpr of any righls or opfions un~er saic~ nofP or I~is mortgnge acerued ot
lherea~t~r accrui-t~.
~n ~itness ~hereof~ f~~e sai~ morlgagor ~as ~P/P1111I0 SI~IIP~ AR~ lPQI~ I~PSe PrBiBRIS ftie
day and year jirs~ a6oi~p ~~•rit~e~~. THIS IS A BALLOON MORTGA6E PAYABLE IN ONE FINAL
INSTALLMENT OF ~21,399.43 on MARCH 1, 1986.
$tgnecr, a~ecr an~ ~p~ii~ re i e presence o~: ~~_ ~p.
~~µ~
-- - ~ ~-~ --~ ~~ - ~- -~- -- ..... ... . .. . . _H. .. - ~ - -- a-- - --------Yr ~-s~te~
, ~p . RO Rt M. SUMriER AYS, J., as u
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~
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STATF. OF FLORIDA, ~
COUNTY nF ST. LUCIE
I HEREBY CERTIFY that on this day, beforc me. aa
o((icer dul~ authorized in the Statc a(or~said and in tht County a(ortsaid to tak~ acknowledgments, penonally appeared
ROBERT W. SUNMERHAYS, JR., as Trustee
to mr known to tx the prnon deseribed in and who ex~cul~d the (or~qoinq instrument and he acknowkdged
befor~ me that fle ~xtcuted the same.
9th :.,..:~~.f:
WI7:\ESS my hand and o(ficial seal in the C:ounty and Statc last aforesaid this Qay, o( _
Ma rc h A. D. 19 81 . ~~'~+~ ~':ti' ~ ti j . .
~ .~ti:~• ~~~''~'^ .i
t~
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._.......-•• ...... . .:.......... ......•- --•-° _ . .. _
Notary bl ic, State a~'~~ ~~;at ~,~af~e
My Commission Expires: /-~ ~-8S - . ;;.v `. ' L~~,;~,;~n,. ~
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! I°~! Y,AR 10 P!f I= 20 ~
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~ ~''~~C t cc~ri Yii`A.
i~nGi:R POITF~nS ~ ~
I7iu I~~~nin~~~N ~r rrrd b t::nt; c~+•CUt~ ~~::~~ ~ :
P Pr y~ Charl es R. P. Brown
P. 0. Box 1418 ~ ~' " ~ '
A~I~fic.rs - -
Fort Pierce, Florida :i3454 ~ -
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