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HomeMy WebLinkAbout0999 T . ~ and ~hall perjorm, oomply wtth and a6id~ by each and fwry ihe opr~~m~r~b, dtpubtlo~, oonclltlona and c~onenanta Ihereo(. and o) thli mo?tg~pe, then tl~b mort9age and tf~e e~tat~ h.n6y cveated, ihall, cews, d~- tanrtlne and 6e nul! and ~wtd. ~ the mort9agor herv6y Jurtl~er covenania and agroes to pay promptly wl~~n due fl?e prlncipal and inte~eal and otl~er auma of money provtc{ec~ ~o~ tn iaid not~ and thii mortgage~ o~ oiti?er; !o pay a~l and ~ aingujar t~e taxes, asaeaamvnla, ~evlea, ~tabi~iftea, objigations, and encumbmnoe~ oj e~ery nofuro on iaic~ pro- peNy; to permit, commit or ~uf(er no waate, impairntent or deteriorotion oj ratd jand or !he tmprouen~ents thereon at any time: to keep fi~e but~ltngs now or hereaJler on aaid bnd ~ul~y tniured in a sum of not leis t1?an nil in a rnmpany or companies acceptnb~e to the morfgagee, !he paucy o~ po~iclea to be held 6y, and payab~e to, sald mortgagee. anc~ in t1~e e~ent any sum of money bec~omea Poynbie 6y vlrlue bf auch tnaurance tht mortgagee ahal[ hane the right to recet~e and apply ihe same to tl~~ tndebtedne~s hereby iecured, accounttng to fhe mortga~or (or any aurp~ua; fo pay aII coats, charaes. and expeniei. tne~uc~ing lawyer i~eea and tit~e aearches, reasonably incurred or patd by ihe mortgagee 6ecuwe oJ Ihe /at[ure oj the mbrtgago~ to prorr~tly and ~ully comp~y witl~ fF~e agreemenfs, st~pulatioru. condtlloni and eovenants oJ satd note and ti~ia mortgagf, or etther: to perJorm, comply with and a6tde bp Rach and e~ery !he-agreementa, sNpulattona, condtllona and covenanta aet (ort~ in aaid nofe and this mortgage or either. In the event t~e morfgagor ~ai~a to pay wh~n due any tax, assessment, inaurance pr~mium or ol{~er aum o( moaey paya6le 6y virtue oJ aaid nole and this mortgage, or etther, the mortgagee may pay t1~e aame. wtthout waiving or af`ecting ihe oplion to ~o~ec~oie or any oiher right hereunde~, and all such paymenta ahnll bear intereat /rom date Ihereof at the higheit law- ~ul rnfe Ihen allowed by f1~e laura oj thp State oj Florida. ~L any sum of money herein re~erred to be not promptjy paic~ wifhin thirty daya next of tar the aume becomes due, or tJ each and every tT~e ag?eemenfs, sltpulattona, condtlions and covenants oj said note nnd tl~is mortga~e, or either, are not (ulty per/ormed, complied wille and abided 6y, then fhe enttre ium menttoned in aatd note, and t1~is mortgage. or the entir+e ba~ance unpaid ihereon, aha~~ /oNhw[!h or thereaf ter, at 1he optton of the mottgagee, 6ecome and be due nnd payable, anytl~ing tn said note or henin to f~a contrary nolwFthstanding. Failure by i1~e mortgagee !n exerclse any o~ t~e righta o~ opttons hereta provided ahal~ not conslilule a watuer of any rigf~ts or opltons ~nder said note or t~is mortgage accrued or lherealter accruing. i ~n ~~QSS h~~ ~ the said mort9agor has hereunto stgned and aealed ihese presents the ' c~ay ancl yenr lirst a6o~~e writfen. THIS IS A BALLOON MORTGAGB AND THB FINAL PAYMBNT OR THB ~ BALAt~iC$ DUE UPON MATURITY IS $ 17?78~•97 , TOGETH WITH ACCRUBD INTffi2BS ~ IF t $igned, sealFd and de[iner~ed linCtTie p~sencMe o~• GEE T TERMS OF ~THIS -MOR AGB. ~ ~ ' ` i ' • _~~..l~......_....._ ~ - ' ~ o - ; ` , • .~..J •••L! a...... ~ IC P. AMA . j l ~ STATE OF FLORIDA, ~ COUNTY C)F ST. LUCIE I HEREBY CERTIFY that on this day, beforc me, an officer dufy authorized in the Stat~ a[oresaid and in the County afore~aid to take acknowledgmenu, penonally appearcd DOMINIC P. D'AMAT~ and TONI ANN D'AMATO, his wife - ~ to mc known to b~ the penong described in and who executed the foreqoinq instrument and they acknowlcdged before me that they executed the ~ame. titi I7'NESS my hand and official seal in thc County and Statc tast afotesaid this ~ day of June A. D. 19 87 ~ 1 '~'1 -9 A9 :43 ~ - NOTARY PUBLIC 1 FILED A ~ ~Y Commiseion Expires: ~ ~~,151~11~ ~QUGLtiS Uit;`~>;~!'_ERK - (seal) ST. IUC~t: C~i ~,,r ~ } ` J , ' ; ,.f;`, 261 , _ . , r~~~~.~~~'. , . 835 - ~ ' : ' 3.,'y; `~!':t...~~ fxr,~ .Vi" ~ ~-=y~ ~ • f~, ' 1 ' , ..'a ; ~ ~ : ~ ` ~ t~~ . ~_~S l . P,~f1~CtiLU BY ~.Ty. € CNELSEA 71TLE COMPn~lY ~ ~ ~ ~WW2 S. U.S. t PORT ST. ''':~E, F~''" ~K ~ Tlru hu~rrirircirl rr red b ~~~1ENT WAS PRE;^ :~D~IC'~ .J THQ P P~ y' ~R1TfKG OF A TITLE i~~~UR~ ~ Ar~dr~e.u ~ ` p' R ~ ~oaK~ PacE 9~8