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HomeMy WebLinkAbout1368 ~ , i an~ sha~~ perform, comp~y wifh anc~ a6ide by ench nnc~ e~~ery t~ie ugreementt, ttipu~attoru, condtttons nnd co~~enanis f~ereo~, and o~ ihis mortgage, t~en f{~is morlgnge and ttie estote 1~~.~6y cnatac~, stia~~ c~ue, d~- termine and 6e null nnd vold. 7URl t~P mortgn~or hen~by ~urther covenanls anc~ agrees fo pny prompl~y whpR d~ ~he p~tn~r~l a,?d intprPSt and ot{~er sums o~ maney provic~e~ ~or in saic~ note and thts moNgage, or etthar; to par n~~ and singular the taxps, assessments, Ievies, lia6ililie~, o6ligationt, and encuntbrances oj eiery natur~ on salc~ pro- perty: fo pe~mit, ~ommlt o~ su((er no waste, impairment or delertonation o~ aaid ~and or !~e impronentsrtfi thpreon at any time: !o Irepp the 6uildings nou? or Rerwa~fer on ~aid Iand ~ully insured in n sun~ o~ not le~~ than full insurable value in a company or compnnie~ ncreptab~e to ttie rnortgagee, tke po~tc7r o~ po~icies to 6. hetd by, and payab~ to, snid mortgugee, and in t1~e event any :um o/ money 6ecome~ payn6t~ 6y virtue oj ~uch intwnr~c~ th~ mortyn9ee sf~all have ~he righ! fo receive nnd apply tl~e same 1o tl?e indebtedneai herobr :ecured, uceounting to lhe mortgagor for any surp~us: to pny n~~ costs, ckarget, and e~rpensea, inc~u~ing ~nwyeri ~ees ane~ t!!~s searcl~es. ~asonn6ly inc~arec~ or pnid by ihe mortgagee because oj f~te jatlurs ol l~te rnortgagor to prontpt~y ane~ ~u~~y comp~y wifl~ the agreernenta, stipu~otions, conditioru and rnuereants o~ said nole and t1~i: rnwtgope. or either: to per`orrn, comply witl~ and u6ide 6y each and euery the agreemenb, sttpu~nttont, eortdtltons nnd covenantt set Jort{~ in said nofe anc~ t{~is rnortgage or eitker. ~n the event t~e n~ortgagor ~ai~s to pay when due any tax, assessment, insurance premium or otl~er sum o( rnoney puya6ls by virtue o/ iaFd note and this rnorlgage, or eit~er, ftie nnortgagee may pay the same, withouf ~untving or uf(ecting the option to forec~ose or any otl~er rigl~t he?eunder, and alI such pay~nenb shall 6ear interest /rorri dnte t?~ereo( at the I~ig1?esl law- (ul rate lhen allowed by the laws o( the Sfa1e o~ Florida. 7` any surn of money ~te?+ein reFerrec~ to 6e not promptly pai~ within thirty dnr, nex! n~ter the aame beco?nes due, or if earl~ and euery tke agree~nents, stipulations, rnndlttons nnd covenants of said note and f1~is morfgage, or either, are not jully pet~formed, complied mith -and abided by, t1~en tke entiro :urn menfioned in saie~ note, and thit mortgage. o? the enti?e ba~unoe tu~paid ther+ron, sf~aU ~orthwitl~ or t~erea~ter, nt !he option o~ ttie mortgagee, beco~ne and 6e due and papa6le, anyt~ing in iaid note or h~rvtn to tke conf~ary notwith~tandinA. Fnilure 6y the mortgagee to exerciae any o~ t~a rlgf?ts or options ~eretn provided skn~~ not corutifute a waiver oj any rigf~ts or optioni under said note w t~tb awrtgage accruse~ or lhereajter nccruing- ~n W~'L11~1 ~~1~ ' fhe suid moNgagor hw tiereunto signed and srn~ t~ese presenfs the day and ynar ~int above u~ritlen. ' THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR ~'HE BALANCE DUE UPON MATURITY IS ~40,762.91, TOGETHER WITH ACCRUID INTEREST, I Signec~, sealed and deliverec~ i he presence of : ANY, AND ALL ADVANCP.~'II:NTS MADE BY THE MORTGAG E i UNCER TEiE TERMS OF THIS MORTGAGE. .~4 ~ '~j • ~ ~ i --`-~~-.--r.-~--.--~1`~~--.--- //.l.. . . i MAR IN MAR.RERO E ~ i , E ' ' . . 6 ~ '90 JAN 24 A 9:18 M ~ iozo9os ~ ~ ,Q,~~L ..~f'\;;c`' . ~ ' , i' u h : ~ STATE OF FLORIDA, ~ S Z ; ; ~ ' ' ! ; ~ ' - ~ COUNTY oF ST. LUCIE I HEREBY CERTIFY that on this dar. before me. aa ~ officer duly authoriud in the State a(oresaid and ir the County a(orenid to takr ackeowkdRmenb~ penonaUp appeared ~ MARCLAIN MARRERO ~ > ~ to me knawn w be the prnon described in aod who executed the (oreRoi~ ineerument ~nd whp acknowkdsed beEore me that She c:ecuted tfie saene. ~ WITNESS my hand and o(ficia) ~eal in the County and Sut~ lait aforcssid thit dar d ~ ~ ' ,.J'~~ : . A. D. 19 ~ •~~G, : b`,(i'~• ,i' . L.~~leG,~.~-.GC ~ = j., cJ G, ~/_''~Z2~1~~~ry..pu'6Tic" ~ ~m~ssidis ex~.Leo: : ~ . • c.~ ~ ~ t : i~; •T" 1 ~ , Q . " ~ u t- ~NOtory Fu~~~c. State Of Fler~da At Lar e •`~1~;••,%ji.'•::~r'i..,;~.~i=~ My Co~+m+ss~on Explres Juiy 6, 1990 ~~f;«~-, Gl~ Bc+Wetl ffy :.iwyers x.~My GbrD - :./i J-a _ . Y'.+ . a~674 P~~~i36~ - - _ r~ _ _.e~.~~~__ . , R_ . . -F _ .a.