HomeMy WebLinkAbout2850;
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. ~n~ sha~~ pe-Jo-m, comply wI11~ and abtde 6y each and every I~e ag-eemenb. dipujnUo~is, condiitons aru{ I
' cc~ne~onfs Ihereo(. ~nc~ o~ i~~is morfpaslP, I~PR f~is marf~ape an~ f~e eafate ~ere6y crsafed. s~a~l c~enss, ds- i
te-mine and 6e null and voi~l. '~ ;
nIN~ Ihp mort~anor tien+6y (urfher rnt~enanls oncj agrees to pay promplly when due tl~s principal ond
infernsl nn~ oflier sums o~ mo~iey pro~~icle~ ~or tn sai~ note and f/~ls mo~fgage, or e~ltier; fo pay a~~ nnd
• sin{~u~ar f~p la.r~s, assessmenfs, IPI~IPS, I~A6l~/I1P1, oE~It{~alions, and encurn6rancei o~ every nature on said pro-
perly: f0 permu. commit ~I' Sl~ijP~ ~~u u~taair. ii~i~iu::. :i :: .^.' ~:1^.'?~!'.^,/t~~ i-! ~~~~ ~A-IIr At ~~p imnrovemenb
~~PIPI`ll Al QliV ~~f/tP; ~O ~PPrf ~~IP ~fljj~tlt~1 l10U~ Or'!P/PA~~P/ O-! S(11~ ~Q/I~ ~ully ~ns~ue~I in Q SUI-1 OJ RO~ ~PS~
~ti~-+ full insurable value.
in a rompany or compani~s a~r~plah~e lo Ihe morfflnflee, i{~P po~icy o~ po~icies fo ~e held 6y, ond pnya6le
10, said morl~~aAe~, and in the ei~e~l a-iy sum o) money 6ecomes paya6le by virtue o/ such inaurance lf~s
mortgog~p sl~all ha~~e Ihe righl to rcK-eive und apply Ihe same to the indebtedness hereby secured, aceoun~ing
to fhe morlga~or (or uny surpltts: fo pay a~~ cosls, c%arges, anc~ expenaes, inclucltng ~awyer s(ees and ~ille
searc~~~s, rnasuno~,(y i~~cUrretl or paicl ~y ihp morfgagee hecause o~ l~e (ailur+e o~ f~e mortgagor to proinplly
un~{ J~~[[y c•omp~y u~ii~ Ihe ag~eemenfs, s(ipulalions, con~ilions arul roe~encenfs o~ sai~I nole an~I II~Is mo~lgage.
ar pit~~pr, to perjorm. i~omply u~if~~ and abide by each and ei~ery t{~e agreemenls, slipu~ations, condifions and
con~nanfs sef forlh in saicj note anc~ l~is morlgnge or eit~er. ~n the ereM tl~e moMgagor ~4i~.i to pay u•{~en
dt~e any tar, assessm~nt, insurnnce premium or othe~ sum o~ mo~~ey ~ya6[~ 6y i~irtue of said nole ancl this
morfpnge, or eif~~~r, f~~~ morlpag~e may pay the samp, wittiout ~naiving or aJfecling the option fo ~orec[ose
or any ol1-er ri~~ht hprpunc~er, nnd alI suck paymenis s{eall 6eur inte~esl (rom dnte tl~ereoj at tl~e f~ighest ~nu~-
~~d mle Ih~n allou~ed 6y Ihe lau~s o( II~p Slate o) Floridu.
~l a-~y sum oj mon~y tiPrein re(Pnec~ lo ~e not prompl~y paic~ wilhin 3~ ~ays next a~ter
1~~ snm~ ~ecom~s c~u~, or i~ each and enery Ihe ag~eemenfs, sfipulations. conJitions an~ rnvenants o( said
note and ~his morf,yngv. or ~ittier, a-e nol Jully per~ormed, complipd wil1~ and a6~d~1 by, tl~en t~ie en~ire
sum mentionPrl in said nole. antl tl~is mortgage, or Ih e enti-e ba~ance unpaid thereon, shn[l /wlhwith or
fl~ereafler, at 1h~ oplion oJ t/~P morlgage~, becom~ and bp due and payable, anytl~ing in satd note or 1~erein
fo I~c confrary nolu+ill~slancling. I'ailurP hy I~e morfgagee fo exQrcise any of !he rig{~fs o~ opfions {~erein
provi~Iecl shall nol consfilul~ a u~aiapr o~ any ri {~ts or opfions t~ncler saia note or f~-is mortgage accrued or
~-ierealt~r a~crui~~n. ~FIIS IS A BALLOON MORTGAGE AI~lD THE NAL PAYME
r ~
OR THE BJ~LANCE DUE UPON MATUR{TY I •
~n ~ditness ~hereof, ~~~P Sa~~T,~~- ~a~~,~~x,,~,~e~~a~ ~~~ ~p~s~wa~
day anrl yt~ctr firsl abo~~p ~rritien. 1 ADV~,~K~i~~e~v~~ MADE BY THE MORT6A6EE UNDER ~l
TERMS
SIgI1P~.= P(I~P(~Il~ ~~~It~PlPd !It ~IIP pr~ser P Of : 1
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STATF. OF FL(~R1DA, /
Cc~[*~'TY nF ST. LUCIE i
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G.~.'--~`•-~~"~--- ..c•-----~- - •- .-,G~-_~'.--- - ~
nie M. Lowe
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1 HEREBY CERTIFY that on this day, before me~ an
afficer duly auth~riz~d in th~ Statc afor~said and in the Count~ aforesaid to uk~ acknowledqm~nts~ personally apptated
GENE D. LOi~iE and JOfiNriIE !~. LC3~h'E
to m~ known to M~ th~ pcrson Sl~scribed in and who ex~cut~d the (or~qoiaR instrument and
he(or~ ~ne that they~x~cuted the same.
~~'i"1':\ESS my hand ancl offictal sral in -hc County and Statr iast aforesaid this /
March ;.. n. p. ~9 81
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(98f N,lR 19 ~:!! 9~ 20
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NOTA]IY PL~LR Sf/~Tf O~ FE ~Sf ~~' i` ,~ f~~~,,
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MY COMraIiS~ON f''.P~RfS R~~_~9~r~<
BGtip;D THRU GEhEttl,1 ~NS, UNDER1YRIifRS
$~95
1~,~ I,wn~,,,~~~~ p~p~mJ hy: Harold H. Goldman, Bsguire
A,/,>rc,u 8028 South Federal 8ighway _l~~ p~~~$
Port St. Lucie, Florida 33452 g~t~
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