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HomeMy WebLinkAbout0996 ~ a~d ,thall per~orm, comply wif~ and a61de by each and euery t~e ogreemenb, ~tipulattoni, conditioni ar~ ~ c~oaenants thereo~, a~id of this mortgaAe, lhen t1~it mortgnge and lF~e eitate he.e6y c?eated, rhaU ceaie. de- ~ termine and be null and vold. j ~ t~e mortgaflor heruby (wther oovenants anc~ agreea !o pay prompt~y when c~ue li~e princjpal a?~ tntere~l and ot~er sumr o~ money provided ~or in aald note anc~ t~i~ mortgage, or eittier; b pay a~~ and ' ~ingular the tnxes, assessments, Ieviee, lia6ilittea, o6lJgatioru, and encumbrancea o( every nalure on iatd pro- prrty; to permit, commif or sujfer no waste, impnirment or detertor~ntion o~ sald ~an~ or t~e improveneenti t~erecn at any fime: to kppP rhe buildin~s now or f?erea(!er on said land (ul~y i?uured in a tum of not ~esi t1~nn full insurable value in a company or companies accepta6le io the mortgngee, t{?e po~icy o~ poltcies to 6e held 6y, nnd paya6le to, said morlpagee, an~ in t~e euent any sum of money becomes ~xiyabl~ by virtue o( auc~ insurance !he mortgngee shnll have ~he ri9ht to ?eceive and apply the same to the inde6tedneai here6y aecured, aceounting to t~~e morfgagor Jor any aurp~us: to pay a~~ co~ts, cf~argea, and expenaes, including lau~yer~s ~eea and tit~e senrches, ~easona6ly incurred or paic~ by ttie mortgagee becawe of tl~e (ailure o~ the mortgagor to promplly nnd (u~~y comp~y wilh t~e agreemenfs, sfipulations, condifions and covenants o~ said note and thia mortgage, or eit~?er; to pe?~orm, comply with and abide by eac{~ nnt~ euery !~e agreements, slipu~attons, conditioru ane~ covennnts set ~orth in snicj nofe nnd t~is morlgage or either. ~n t~e event tke mortgagor ~ai~a to pny w~en due any tax, assessment, inauronce premium or ofher sum o~ moRey ~ya6le 6y vlrtue of said note and f~is mortgage, or either, !he mortgagee may pny the same, without wniuing or a~f ecting the option to ~orec~ose or any ot{~er rigl~t hereunc~er, anc~ alj such paymenta shall 6ear interest ~rom dnle tl~ereo( at the highest ~aw- ~ul rate 11een allowed by t~e Iaws oJ the Stnte oj Florida. ~ ~L any sum o~ money herein re(erred to be not promptly pait~ within 3~ dnyi nest af ter the same becomes crue, or iJ eac{~ and every t1~e ngreemenfs, stipu~ations, conc~itions and co~ennnts o~ sntd note and this mortgage, or either, are not Jully per/ormed, complied u~itf~ and a6tded by, then t{~e entire ~um mentionecl in said note, and tl~is mortgage, or th e entire bnlance unpaid t~?e?+eon, ahal~ ~orthwith ot t~erea)ter, nt the option of the mortgagee, become and 6e due and payable, anything in saic~ nole or herein to fhe contrary notwithstnnding. Failure 6y fhe mortgagee to exercise any of the rig~ts or opfiont het+ein prauic~ed s~a~~ not constifuta a u~aiver a~ any rig~ts or options untjer saic~ note or t~is mortgage accruee~ or t~erea(ter nccruing. ~n fF~e said mortgagor f~as hereunto signed ond sealecl these presents tF~e day and year Jirst a6o~~e u~rit~Pn. ~is is a balloon mortgage and the f inal payment on the balance due upon maturity is 24,167.60 together th accrued interest, , all cg d, sea and e! ere the presence oJ: advancements made by the mortgagee under the terms of this rtgage. ' ~ ' - - -u1~_~------------------...~ ; J ORC A . ~ ~''i. ~~-~.r . ~ . . . . . . . .---.-----Q~ ; ARA ORCIA ~ ; ~ - - - - i ! STATE OF FLORIDA, ~ ~ cou:v~ oF ~~o+~l A~?D € I HEREBY CERTIFY that on this day, befon me, an ~ a officer duly authorized in the State afornaid and in the County aforesaid to takc acknowledgments, personally appeared 's ~ JAMES NORCIA and BARBARA NORCIA, his wife ~ to me known to b~ the person gdexribed in and who ezecutcd the (oregoing instrument and they acknowlcdged E 3 before me that they executed the same. ~ 3 WI7'NESS my nand and o(ficial seal in the County and State last aforesaid this 7th day of ~ ~ March A. D. 19 8s ~ € ~ ' ~ ~ ---~--------~i~~...~f._~..-~-- ~ .7~~U,~~ `OTARY PUBLIC ~ My Commission Expires: (Raised Seal) NOTARY PU~UC STATE OF FLORlDA ~ ~~O MO . IAY COMMISSION EXPIRES 1ULY 12 1987 ~ ri~ ~Q p1~DEa ItiR~! GEJ~IER!?L It~i5U6N`1GE UNR ! FILEC ; ~ , 1 ` ST LUCf~ - r~ G R , - ~ ~ ~93 ~~E 9~ ~ ~ ao~N ~ ~ j ~ "l{r~s Irutrunrcal prtpared by: K. Hager ~~~t` ~ - Addre.~s FIRST AMERICAN TITI.E COMPANY r ` ; J ' ~ . T i ..1~,, • : . - 2014 SE Port St. Lucie Blvd. ' ; - ! Port St . Lucie , FL 33452 ! = i. ~ _ _ _ _ ~ ~ . _ ' ' . . _ r. - - - - . . - ' ' ~ r . _ _ _ . _ . . . .-._e. ' _r~'-~'w a~~~°'~C~ ~"~a'~` x - ,~~~~.,~y~ _ r . _