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HomeMy WebLinkAbout0929 _ _ _ _ . . _ - . . ~ an~ sha~~ pe~form, comply wif~ and a6ide 6y ench and ei~ery ftie aA?ee~~ls, sfipu~ntiona. conditiont and coi~enants ~hercwj. and of tl~is mort~ape, fhPn t{~Is mwtgage and the estafe here6y crealed, shall cease, ds- tprmi~~e ari~ ~ nu~~ an~ ~wt~. Ihp morlganor hen~6y Ju~lhe~ covena~l: and ugrees to pay promplly when due the principnl a~d t inte?esl and otl~er sums oJ money p?ovided jor tn said nole and t1~ts morlgage, o~ either: to pay nll nnd j stngu~ar Ihe fa.res, assessmenis, ~evies, ~iabi~tlies, o6~igattons, nnd encumbronces o~ euery nuiure on sat~ pro- perfy; ~o ~ermil. rnmmit or suJJe~ no u~nste, impai~menf or c~eferioraflon o~ said ~and or fhe impro~emenls fl~erecn at ~ny time: fo kepp the buildin~s nou~ or he?eajt~r on said lund (ully insure~I in a sum oJ not lesa tf~an Highest Insurable Value in a company or companies QCCPnIAOIR to fhe mortga~ee, the policy o~ policies to 6e held by, n~d payn6le lo, sai~ mort~agpe, anc~ in the event any sum of money becomes Payabl~ 6y virtue o~ such insurance fhe morfgngee shall hai~e the right to ~(K'PII~P and apply t6e same to the indebtedness here6y secured, accounting fo 1{~e mort~n~or jor any surplus: to pay a~~ cosfs, c{~arges, and expenses, inc~uding lawyer~s ~ees and tit~e search~s. ~easo?iah~y inrurrecl or ~a~d 6y ~hp morfgagee because oj the (ai~ure o~ f~e mortgagor fo promplly and JuIIy comply wEfh the aflreemenls, stipu~alions, conc~itions anc~ couertanfs oj said nofe anc~ t{~is morfguge, or either; to perJorm, comply wilh ancl abitle by ench ancl euery the ng?eements, slipulntions, conditions and ' covenar~fs spt jorlf~ in sai~ note anc~ fhts morfgage or eit~e~. ~n the event the morfgagor ~ai~s fo pay when ~ crue any fax, assessmenf, insurance premium or otf~er sum o~ money paya6le by virlue o~ said note nnd f~ts morlpage, or eif~~er, If~e mortga~e~ may pay Ihe same, wit{~out wniving or affecfing t~e option fo (orec~ose ' or any olher rigl~t I~ereunder, and all such payments si~all 6ear interest Jrom dale fhereoj nt the higF~est lnw- f ~ (uI rntp Ili~n allotved by il~e lau~s of the Stale of F~orida. • Dl nny sum oj mon~y I~erein re~PrrPtl fo 6e not promptly paid wifhin fifteen c,ays next ujter fl~P same 6ecom~s due, or if each and ~i~ery ihe a~reempnls, stipulations. conc~itions nncl cove?innls o~ said note and ihis mortga<~e. or eil{~er, are nof jully per)orme~, complied u~ith ancl a6~ded 6y, tf~en 1{?e enlire sum mentioned in said nole, and ihis mortgage, or f1~e enfire bn~ance unpait~ tf~e~eon, shn~~ )onh~~th or tl~ereafter, at th~ option o) tlie mo?tgac~ee, become and 6e due and paya6le, anything in said note or {~erein to ttie contrary nolwif~stan~ing. ~'ai~urp ~y t{~e mortgagee to exercise any o~ the rig~ts or options herein proni~ecl shall nof consfilulP a inaiv~r o~ any rig~ts or options under saic~ nole or Ihis mortgage accrued or _ I~~ereajler accruin~. ~n .~~~QSS ~~~Ol~ tlie soid mortgagor lias I~ereunto signed and sealed these presenls the day and y~ar Jirst nbo~~e «~riflen. THIS IS A BALI~OON MORTGAGE AND THE F~NAL PAYMENT OR THE BALANCE DUE UPON MATURITY IS $13,060.47, TOGETHER WITH ACCRUED INTEREST LF ANY, Signecl, sealecl ancl cleli~~erecl in ll~e ~ PSPlICp o~: ~L ADVANCEMENTS MAD$ BY THE MORTGAGEE - • ~ . UNDE E TERMS OF ~ GA ~ I.I~Q/.-~----~-'-~~-- - ,C~l~-._ ~ . ~ _ . - - - - tness _ GENE H. ~n_, ~ ! ll~L~f ../1'IL._~fi` , ~ witness ~ ~GARET G. SMITH - ~ ~ ~ ~ - . - - ~ ~ . ~ . - E { i i ~ ' . STATE OF FLORIDA, ~ ~ CouNTx c~F ST. LUCIE i HEREBY CERTIFY that on this day. beforc me, an o(ficer duly authorized in the Statc afor~said and in the County aforesaid to tak~ acknowledqments, personally appearcd EUGENE H. SMITH and MARGARET G. SMITH, his wife to me known to be the prrsor~ described in and who eaecuted the (or~qoinq instrument and they acknowledged befor~ me that they ~x~cuted the same. W17;'VESS my hand and of(icial seal in thc County and Statc last aforesaid this ~is - day of ~ ~ C'l i, A. D. 19 fl S~ - ~ ~ _ - ~ ~1~~ • ~ ~ . , . Y . - - - ' .c.GS.!`-:--------•-----....••-- ~ ~~:Ea~~i:f~,~ xor~xY nuBL c 3 ` ~ S I~yi. - ~ _ C.:,:o:° =4;:iC~.s• _ ~~o~!'j/ ~iii'^ "!.iz "I 1~' ` ~ - ~ ~ =,.,5 _ f . ~ i ~ v • ` ' . ~ ~ . Oi ~ ~ C{~ . f,r'-' - . , ~ . ~ .e T . ~ ' ~p~~ ~ ~ONW~i~7~ • ~ ~ . Ff,~°,.,'... `84 MAY 30 P 1:17 ~ ~ ~ ~ : h °b° ~ - ~ . - . - Fi~.tr ~ . . . , `i ~ ROGEP. r't:. ~ . :_~~~t~( ~ SL LUClE i:0;;!~ t:'. Thrs hWrri~ncnt prepnrcd by: . ` ~~~a,~ ~~433 ~ . . I - . _ M~_:~.,.~