HomeMy WebLinkAbout0996 and al~oll perJorm, c~omply witl~ and abide 6y aach nnd every th~ ag?anwnta, ~tipulationa, conditioni and
c~ovenants thereo~, and o~ t~i~ mortgape, f~an i~ii mortga8e and t~?e eNat~ h.~e6r craatac{. •hn~~ ceaae.
ter?nlne and 6e null and ~wtd.
Tll~ the mortgagor hereby (urther co~enanti ORd OQI'Me~ ~o ~y ~o~Ptty w/~.~ dw el?. ~?~i~I a,~d
inte~nsl ond oti~er aunu of money prouided ~or in rn[d note and f~ta mo~tgnge, or etlhsr; fo pay all and
itngujar the tares, asae~sments, leviea, l~abtlt~ia,, ob~igattons, anct sncun~~r~ances o~ every nature on raFd pro-
perty; to permit. commit or ~uffe~ no wuate, impairment or c~etertoratton o~ iuid land or t~e Anproven~enb
i~erecn at any time; to keep !~e but~inga now or hereafler on autd land jully insurec~ In a auin o~ not ~es~
full insurable vaiue
tn a compnny or rnmpnnies oecepfabje to t~e mortgngee, fhe po~tcy or polkies fo be he~ by, and payable
to, tatd mortgagee, anc~ fn fhe event any aw» o~ money becomes ~?ya6t~ 6y virfue b~ such inswnnce ftie
r++ortgagee ahall have tl~e right to receive and apply ths aame to tl~e inde6tednesa here6y aecured, aceounttng
lo I~e morfgngor ~or any aurp~us; to pay a~~ cosU. charges. ancl experues, fnc~tuling jau~yer~t (ees arttl tit~e
aearches, reasona6ly incum~cl or patd by the mortgagee becauae o~ the (ailure of the mortgagor to prompfly
ar?d (u~~y comply with f1~e agreements, stipujations, conditions and covenanti o/ snid note and !~L mortgoge.
or eit~er; to per(orm, comply with and a6ide by eac% nnd euery lfie ugreementa, stipu~attoru, condiltons anc~
covennnls aet (orth in said note and t1~ia mortgage o~ eitlier. In the enent the mortgago~ ja~~ eo ~r ;v~en
due anq tax, assessment, inaurnnce premium or other sum o/ money pa~+able by uirtrse o/ satd note nred lhis
mortgage, or either, the mor[gagee may pny [~ie same. wlthout tvafuing or a~~ecting ttie option !o jorec~os~
or any other rtgl~t hereunder, und aII such pnyneent~ al~all bea~ interrat from date tF~ereo) ar eke ht9he,e b~-
f ul rate then allowed by the lewa o/ t1~e State of Florida.
~L ony sum o~ money he~ein re%rred to be not promplly paid witkin TH I RTY ( 30 ) days next af ter
t~ie snme ~iecomes clue, or ij each and every f~e agreerr~enls, stip~lafions, con~ifions ancl eovennnts of said
note ~d ~h~s mwtgage, or either, are not /ully per/ormed, complied wtth and abtdBd 6y, then the entire
sum mentioned in said note, and tleis mostgage, or tf~e entire balance unpaid tF~ereon, shall /ortf~witF~ or
thereajter, at the option o) the mortgagee, become nnd 6e due and paya6le, anytF~ing in snid note o~ herein
to tl~e rnntrary notwithstanding. Failure by ll~e mortgngee to exencise any o/ the rigl~ts or optiona herein
providecl sF~all not constitute a waiver of any rig{~ts or options under said note or t~is mortgage accrued or
tf~ereajter accruing.
~n ~~~IIQ~ ~~~L~ the said mortgagor has hereunto signed and senled these presents the
day and year (irst nboue written. TNIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT ON TNE
BALANCE DUE UPON MATURITY IS ~69 632.50 TOGETHER WITH ACCRUEQ INTERE T,
Siened, sealed and delivered in t~e presence oj: IF 14~VY ND LL ADY CEMENIS MADE BY TNE MO TGAG
ND HE T S OF HIS MORTGA .
- ..-----------------......------Q~
CAROLYN ERLIN
_..._4~~r~.,~~~1~-Ti----..__..~"---~~- ~
~
STATE OF FLORIDA, ~
COL'NTY OF S! • L(.~ C ~ e
I HEREBY CERTIFY that on this day, befon me~ aa
otficer duly authorized in the State aEorcsaid and in the Cou~ty aforesaid to tak~ acknowledgments, penonally appeared
CAROLYN SUMMERLIN
to me known to b~ the penon described in and who executed the foregoing instrument and She acknowicdged
betore me that Sh@ ~xccuted the same. ~
V4I7'NESS my hand and otticial seal in thc County and State last aforesaid this day oI
~j~~t~ A. D. 19$6
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" PaeitiFrr~ ARY PUBLIC MY CQMMISSIOH EXPIRES:
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MY COMNISSION EXP AUG 12,1988
80NOE0 TNRU GENERAL IMS. UNO.
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t= oK547 ~A~E 99~ ~
Thrs Insrrumcnt prrpattd by: T. Cimperman ~4
Addreu First American Title Company
2014 SE Port St. Lucie Blvd.
' Port St. Lucie, FL 33452 ~
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