HomeMy WebLinkAbout1360and :hal1 perlorm, rnmp~y wifti ond a6ide 6y eacl~ and ei~e-y f~s ag-~e~menb, ~tlpu~ulioni. condlfiona ar~
cc~~~nanls II~Pn-o~, and oj Il~ts mo-I~a~s. 11~e~ thi~ mo-t~oge and the eatute hero6y c~eafed. ~Itau cYaa~. el~-
fPrmine an~J ~ null ancl iroi~I.
~ t1~~ mortgano~ he~i+6y ~wlher caoenants and aereea to poy prompllr wh~n dw th~ p-inclpol nnd
infe-eal an~ oll~rr s~~ms o( money proulc~ecl jor ln sald nofe a~d fhia moNgape, or elt{~er; to pay a~~ and
sln~u~or Ihe fa.rPS, asseasmenfs, ~evies. IrabrG~r~, o6~lgaflons, nnd encumbrnncea oj every na~ws o~ iatd pro-
perly; fo ~ermif, c~mmit or su(~er no wasfn, lmpairmeuf or dPIP~O-+AIlOI1 oj sa[c~ ~and w fhe lmprovementa
Il~~rwcn ol any fim~: lo k~p thp 6uildings nou~ or herPaftc~ on satd land ~ully tnstued !n a sum o~ not leu
~han highest insurable value
jn n com~wny nr compantes accPpla~~e fo Ihe mo~lpa{i~e, I~p po~lcy or po~tctes fo be held 6y, and payn6le
to. SQ~d /-lOrI~Q~PP, an~ in ~hP PUPIII any sum oJ money 6ec•omei ~ya6l~ 6y i~irtue o~ such tnsumncs the
morfgag~p sha~I hAl~p I~~e ~ighf fo r~c•eiae and apply tl~er same to the inde6ledness Rere6y secured, accounfing
to fhe morlgagor ~or any sur~~Ius: fo pay a~~ costs, c~~arpes, and expenses. Inc~uc~ing ~awyera feea and tif~e
sear+r{~~s. rpasunaGly incuneKl or pai~ hy Il~e mo-fgapee ~-ecause of Itie ~at~ure o~ 1{~e mo-tgagor fo p-~ompfly
nn~ ~u~~y comp~y u~if~ f~ie agreemenfs, slipu~ations, conc~tfions ancl eovenanls oJ said note and tl~is mo~t9age.
or eil~~er; to perfo-m, comply wifl~ on~I a6iiJe 6y each und overy Ihe agreemenfs, stlpu~atio-u, eondittons ond
cov~nanls set /or16 in said nofe and ~hts morfgage o~ eilher. In the evenl 1he morfgaeor /ails 1o pay w1~en
d~~p a-~y ~ar, assessmenf, insurnnce prvmium or ofl~e~ sum of money ~wya~~e by vtrlue of sutc~ note and f~is
mort{~aqe, or pif~~er, fhe morf~a{~ee~ may pay f{~e same, u~ifhouf u~aiving or a~~ecting !he opfion to ~orec~ose
or any o~1~pr ri~~1~t herpund~r, and alI surl~ paymenls a{~aII I~ear infPrpa! (rom date !he-eoJ at tl~e l~tgl~est lnw-
'U~ ~Q~P ~~IP/I Q~~AIUQt~ ~ly ~~1P ~(t4~S Oj ~~P ~~4~P o( Florida. _
~l any sum oJ mun~v I~~rPin re~Pr-~ fo he no! prompf~y paitl wifhin 30 crays next aJftr
IhP same hecom~s ~u~, or ij eac~i antr ~i~ery 1Rp agreem~nls, slipulaltons. conclifions anc~ coue~ants o~ saic~
note and Il~is m~rlpa~~~, or ~ifFeer, are -iot jully ppr/ormed, complied wif{~ and a6~ded 6y, tl~en tlte entire
sum menfionP~I iii said n~t~, and 16is morfgage, or fhe enttre bnlance u~paid thereon, shall /ortl~wif{~ or
fhereaJfer, at th~ option o/ tl~e mortga~ee, 6ecome and 6e- due ond paya6le, anytl~ing in snid nole or herein
fo f~~e conbar~+ nohvillislnrtclin,y. ~'al~ure 6y ~hp morfgagee fo nxerciae any o~ f~e rtg~ls or opfiont heretn
proi~i~~r~~ sha~~ nof c-onslilufP a u~aiuer o~ any righfs or oplions undPr saic~ note or ftiis mortgage acerued or
f~~erea~f~r ncc•ruing. , -
jn ~~Lll~s ~hereof~ f~~e sai~ morf,qnpor ~~s f~prnunto si{~ne~ and spaled these presenh the
~1ay and y~ar Jirst aF,o~~p u•riNen. THIS IS A BAL~.OON MORTGAGE AND THE FINAL PAYP'~NT OF THE
BALANCE DUE UPON MATURITY IS $13,997.39,.TOGETHER WITH ACCRUED INTEREST, IF ANY,
Signed, sealpd arid d~~inPred in t-~e pr~sencF o/: ALL ADVANCI:MENTS MADE BY TNE MORTGAGEE
• . E TERMS THIS MORTGAGE. ~
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STATF. OF FLORIDA, 1
cc~l:~t'rv c~F ST. LUCIE i ~'
I 1iEREBY CERTIFY that on this day, betore me, an
o(lic~r duly authoriz~d in th~ Stat~ afor~said and in the County a(oresaid to uk~ acknowledRm~nts, peno~ally appearcd
JOHN W. CiJI~iINGS and GLADYS E. CUMQiINGS, his vife
lo mc known to tx the prrson g dexribed in and who ex~cut~d th~ [orrqoin4 instrument ~nd Wt10 acknowkd~td
Fxforr mc that they ~x~cutrd the same.
~Y17:tiESS my hand and official seal in th~ C:ounty and Sut~ last afor~said this btfl dar o(
February A. p. t9 81
rJ1.6! 1.i~
1981 FE~ 12 +.~'. .~~ ~~
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~7iu hu/nimtu! prrFrraJ by:
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NOTARY PUBLIC •
My commission expires: '
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~Notary PublfG. Si2te ot Flerida at LarQt
My Comm~ss~on Exp~res Dec. 18. 1981
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