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HomeMy WebLinkAbout0468 ~nd sl~all j~e~r(orm, comply wi1{? and abide by parf~ and ei~ery t{~e agreements, stipu~ationa, conditions and coi~ennnts thereo(. and o~ tf~is mortgaqe. Il~en t{~is morigagP and the estate {~ere6y createc~, shall cease, de- fvrmine anc~ he nu~~ ~nc{ ~~oic~. ~n~ ftiP mortyagor hen~hy ~urther coi~enan~s anc~ agrees fo pny prompf~y when due !tie principn~ antl interPSt and ol{~~>r sums o~ money E~rouic~ec~ ~or in saic~ note anc~ l~is mortgage, or either; to pay n~~ and singular th~ fnxps. nssPSSments, Iei~ies, lia6ilities, ob~igalions, nnd encum6rances of every nalure on said pro- perly; to E~ermit, c-ommit or s~i~Jer no waste, impni?ment or deteriornlion oj anic~ land or the improvementt thernon a1 any time: to kPPP ~he tiuildings nou~ or herna)f~r on caid Iand f ully insured in a sum o~ not less ~?,a„ mortgagee's full insurable interest, fire and extended coverage in a ~ompany or companies accpptn~~e lo fhe mortgagee, the po~icy or po~iciea to be held by, ent~ paya~le io, saic{ morfgagae, an~ in the event any sum o~ money becomes paya6l~ 6y virtue oj stsck in~urance t~?e mortgng~p shnll hn~~v ~he rigf~t to receive and apply tl~e same !o the inde6tednesa here6y secured, aacounting fo l~e mortgago~ jor uny surp~us: lo pay a~~ cosls, c~arges, and expenses, inc~uding ~awyer~s ~ees an~ title searc{~es. rPasona~~y inc~~rrec~ or paid by the mortgagee because o~ lhe f ai~ure oj !he mortgngor fo prompt~y anc~ (u~~y comp~y u~il~ f~iP aprePments, sfipulntion=, conc~itions and caaennnts o/ said note and ti~is morlgage. or either; to ppr)orm, ~omply witl~ and n6ide by eacle and e~ery lhe ngreements, atipu~ations, conditions nnd coi~ennnts set jorth in said note and lhis mortgage or eiltier. ?n ihe event fhe morlgagor (ails to pay w1~en due any tax, assessmPnf, insurnnce premium or other sum oj mo,~py ~yadi~ oy vir[ue oj snia noie and in~s - mortgage, or either, ttiP mortgagee may pay f~te same, withoul ~univing or a~~ecting the oplion to (orec~ose or any ot{~er right tierpun~er, and all such pnyments shall bear inlerest from date thereo/ at the I~ighest law- (ul rale t{~~n allowed hy ttie laws of fhe State o~ Floritla. )l any sum oj money herein rp(erred fo he not prompt~y paid wilhin 15 dny~ next a~ter the same bp~omes due, or i( each and every !{~e ngreements. siipulations, conditioni and covenants oF said note and tf~is mortgaqe, or either, are not /ully perJormed, complied witl~ .nnd a6~ded by, then the e?.tire sum mentioned in said note, and this mortgage, or t~e enti~e balartca unpaid thereon, shall /orthwith or tF~ereaf ter, at t{~e option oj !Re mortgngee. 6ecorrte and be dtce aRd ~ynbl~, anytl~ing in snid note or herein fo ttie confrary notwit{~standing. Fnilure 6y tlte morfgagee to exercite any oj tf?e rig~ts or options hernin pro~~ided stia~~ nof constifute n u~ai~~er of any rig~ts or options un~er said note or t~is ntortgage accrued or thereajter accruing. I F ~n 1V~Lll~ WIl[r[OL~ the said morfgagor has hereunto signec~ and sealec{ lltese presents the day an~l yPa~ (int a6o~~e u~rit~en_ THIS IS A BALLOON MORTGAGE AND THE FINAL PAY MENT ON THE BALANCE DUE UPON MATURITY IS ; Signer~, sea~ed and c~e~i re~ in t{~e presence o~: 2, 331. 55 , TOGETHER WITH ACCRUED ; NTEREST, IF ANY, AND ALL ADVANC~TS ~ . - - ~ . . . DE... BY..,THE.. MQI~TGA.~EE...I1NIIEg. .THE.. TE MS ` = . F HI~S MORTG GE. ~ r - - - ~ . . - ~ r t~r t ~ ~ ~ . - - ~ ~ - . - - . F ~ ruce~~~'Eiomas ut`hb~ert ~ . . - - ~ ~ ~ STATE dF FLORIDA, ~ COUNTY OF St. Lucie ~ ~ I NEREBY CERTIFY that on thi~ day, betore me~ an ~ officer duly authori:ed in the Stat~ a(orc:aid and in the County a(or~said to eake acknowkd~ments, penonallr ~t~peared ~ DORIS CUTHBERT, joined by her husband Bruce Thomas Cuthbe~'t.=~ . ~ : F_ I f to mt• kr.own to b~ th~ personS deuribed in and who ezecuted the (or~qoin~ instrument and~'18S `,~;t~u~+lMqp~led~t~d before me that y~xccuted th~ same. ~ J , the %r ~ 9 WITNESS my hand and of(iciat teal in the Coanty and Statc last a(oresaid this .~,~X ;j1~~Y~~, i ' ' • t- ~ January A. D. 19 9~ ~ ~ ~ ; _ - i = = C Y ~ ~ . . - - J t - ~ . - ' - . , . . : . ~ . . • • ~ . ..:...'1. --c< ~ N tary Public : ' ~1'''- ~ ;~~~~t~a:•''. ~ My Commission Expires~~f; ~ ~pTAw11 MI~IIt STATE OF ~LORIO~ ; IIY COIIIIISSIOM ExP. ~Ar 1992 ~ ~D TNAtl 6E~E~AI ZIIS. WIO. ~ g~iit 67~ PAGE ~6G~ ~ - ~r _ ~ . _ ~ ~ _ _ - - _ ,u;.~