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HomeMy WebLinkAbout0969 _ . ~ ' - - - - .i . . . . an~ shall perform, comply witi~ ant~ abide by eacl~ nnd every t~e agreemenfs, aHpu~ationi, conditions nnd co~~enants thereo~, and of lhis mort~as~e, t~en f{~is mortgnge and the eatate hereby createcl, shall cense, de- tPrmine anc~ ~e nu~~ an~ voicj. ~IINi fhP morfgaflor hen~by ~urt~er covennnfs anc~ agrees to pay prompf~y w~en due the principu~ and interns! ancj other sums o~ money prouic~ec~ ~or in saic~ note and ihis morfgage, or eif~er; to pay a~l ant~ singular tl~e tnxPS, nssessm~nts, ~ei~ies, lia6ililies, o6ligations, anc~ encum6rancea o( every nnture on snid pro- perly; to permil. commif or su~~er no waste, impairment or c~eteriorafion of said ~and or fhe improvemenfs 1hPrncn n1 any 1ime: b k~•p~ ~h~ buildings nou~ or herea~f~r ori ~aid land Jully insured in a sum oJ not less thun the highest insurable value. in a com~any or co?npanies accepta~~e !o Ihe morQpnpee, the po~icy o~ po~iciea to be held 6y, and payn6le (o, saic~ mortgngep, nnt~ in ff~e ei~enf any sum o` money becomes paya6[e by virtue o~ such insurance t~e morlgagee shal~ {~ai~e Ihe rif~ht to receive and apply tlee same fo the inde6led?iess hereby securecl, accounting to t{~e morlgn~or ~or any surpltts: to pay a~l cosfs, charges, anc~ expen~es, inc~uding ~awyer~s ~ees anc~ ttt~e searches. rc~asonab~y inrurre~ or paid hy the mortgagee heca~ise of fhe ~ni~ure o~ f~e mortgagor to prompt~y nn~ lully ~•omply wilf~ the agreements, stipu~ations, conclifions and cove~ants o( said note nnc~ f{~is morlgnge. or eiff~er; to per(orm, ~•omply u~itli ancl a6ide by eac{~ ancr every fhe ngreements, stipulations, coric~ifions ancr covennnts set /ortf~ in said note and this mo?tgage or eilher. In t1~e event the mortgagor /ails to pay when duc any lax, assessm~nt, insuranrp premium or ol{~er sum o~ money paya6le 6y i~irfue of said nofe and t~is mortgage, or eil{~er, I~ie mortgayee muy pay the same, wit~ou! waivin~ or aJjecling fhe opfion to ~orec~oae or any other ri~F~t ~erPUncler, an~{ all such payments shall bear inlerest /rom dafe lhereo~ at t{~e f~ighest law- ~u~ rafe Ihen a~~oir.ec~ tiv f~P la~us o~ !{~p $fafP oj t'~orit~a. DL nny sum o( mon~v J~~rein re(Prrpcl to ~P not prompt~y pai~ wilhin 3~ c{ay~ nert a~te~ the samP becom~s du~, or if eacf~ and ~i~ery Ihe agreements, stipulations. condifions and conenants of said note urid this morlqn~~P, or either, ar~ not )ully per~ormed. complied u~ill~ nnd abided by, then the entire sum mentionec~ i?i said r~ole, and tfiis mortyage, or t1?e enlire 6alance unpaic~ t{~ereon, shal~ forthwifh or therea~ter, nf f{~~ opfion o( fhe mortga~ee, hecomp an~ he aue and paya6le, anything in snid note or {~erein fo f{~e confrary notioif~~stan~in~. Failure hy t~e mortgapee fo P.rercise any o~ fhe rig~ls or optioru ~erein prot~it~ec{ s{~a~~ nof coresfifut~ n toc~ii~~r oj any righls or options un~~r snic~ note or t~is mortgage accrued or therea~t~r nccruing. ~n ~itness ~hereof~ f~ie sai~ morfgagor has ~PfPUllIO siynecl nnc{ sea~ec~ these presenis ff~e , ~ay are~~ year ~irst a{~o~~~ ii~riflen. Signecl. e~ n ~{~(irernc~ in e pr~sa?ecP o~: , - ~j ~ l ' , - - - - `-r~~r ~i1 ~C!~~....----- it~ , ; ~ : ~ , E G . OVA - - ..._.....1-/a~-~2-~---~-- _....~r~a_ ~i~./.e~tass~~~'c- _ . i e S SANDRA TERRANOVA ' ! - - - - ~ I - . - - - ' ~ . . - _ . - , . _ _ _Ti~~S-~I~- R-BAL-L-OON~-~9l~T&d&E; ~-AtF9- ~NE..~ j P: ~'?AEMT CR T8E BALAM6E DdE UPaN MATURITY i IS S 46,657.09 TOGETiiER WITH AC~ ~ t' ~D fNTFREST. IF AHY, AND ALL ADYANCE~ ; ~ i ST,+lTE OF FLnRIDA, ~ ~.~a~S A1ADE Bl( TNE MOR76A6EE UNDER THI ; ~ COL'\TY (>F ST. LUCIE i:.1::~ ~ ~ 'S Of ?N'S M08T6AfiE i i I HEREBY CERTIFY that on this day, be[ore me, an ~ of(irer duly authoriz~d in the Statc aforesaid and in the County aioresaid to tak~ acknowledqmenu, penonally appeared ~ KENNETH G. TERRANOVA and SANDRA J. TERRANOVA, his wife, ~ ~ to me known to ~ the perso,g described in and who eaecuted the for~goinq instrum~nt and they acknowledged ~ beforc me that they ~xccuted the same. ~ ~~'I'1:~ESS my hand and officia! seal in the County and Statc last aforesaid this 19tt1 day of f ~ctober A. D. 19 84. s ~ . ~ • , ' / -fi.C_.L/~ i~ll.. ' ~ . - -'..{.~~.,r . - . . . c, , ~ ~ ~T ~ P 2 ~ ~ NOTARY PUBLIC - - ~ " ~ MY COMMISSION EXPIRES: • ' . ' - , . . _ ~ . • . ` ~ , FiL[_~ ' - . . ROGE~i ~ i ~ . C _ _ . Wotary ~ubMo Stsb ~ - . ~ : ST. ~.u~,;. _ ~ _ a ~orrde - . At 1.arq~.l~ry?c.orrun?~sio~n Exvir+~, i, - • . 'Jan~+arY ~ 1~ • ~ ! s~7~ ` ! - ! ~ Tl~u I~utra.?ne»~ preparec~ by: TM~s ~r~srauM~rvr e~rn~o ~v, Bonnie S. Canada Addr~~s T& T T!T+ ~ I~~:~~J4A~l~E. ~r~~ ~~c ~o: s r.:o = • B~?K'~3V ~AfE I { ~ ~-r- ~ ~ ~ g.~..~. k;~ ~ ~ _