HomeMy WebLinkAbout1594 nn~ sl~a~I j~Nrf orm. ~omply u~ilh nnc~ abi~e ~y rac~ ancl e~~ery t~e agreements, slipu~alions, conditions and
co~~ennnls t{~ereof, and oj ttiis mortgagP. then f~is mortgnge and i~e estate ~erehy created, shn~~ cease, de-
tNrmine and be nul~ nn~ uoi~l.
I~INi itia mort,qagor {~~r~•hy (urther cov~nsnls onc{ agrees to pay prompl~y wtipn due 1hR p~incipnl and
intp~PSt and o~ht•? sums of money pronic~e~I ~or in saic~ note ont~ tl~is mortguge, or eilher; to pny al~ nnt~
sinqulnr ~he laxes, assPSSments, levies, lia6ililies, obligalions, and ¢ncum6?ances of e~ery noture on said pro-
pnrfy: fo permii, commi! or su~(er no waste, impairmPnf or deferiomtion oj saic~ ~nnc~ or f~e improvements
thernon af Rny limP; 1o kepp the 6uildings nou~ or hervn~l~r on said ~and /ully ins~ired in a sum of not less
I~an rjj.l
in a company or companies acceptable to the mo~tgagee, ll~e policy or po~icies to 6e held by, artd payn6le
to, snic~ morfgng~e, anc~ in t{~¢ ei~ent any su?n o~ money 6ecomes Payobl~ 6y i~irtue o~ such tnsurance t~e
morlgagee shall havp thP right tc? receive and apply tl~e same to the inde6tedness {~ere6y aecwed, accounling
to thp mortgaqor for aRy surp[us: to pay all costs, charges, and expensei, includ~ng lawyer's lees and title
searchPS. rPasonabty incnrre~ or paic~ ~y f~e mortgngee because o~ fhe ~ai~ure o~ t~e mortgngor to prompt~y
nne~ ~~~~~y comp~y u~itf~ fhP aprPementa, slipu~ations, conditions nnd covenants o~ said nole nnd this mortgoge.
nr eil~?rr: fo pPrjorm, ~omp~y with ancl a6ide by eacli and every ttie agreemenfs, stipu~ations, conc~ifio?u and
~onennnts set ,ortti in said note and ~his mortgage or eithe~. /n the event the mortgagor fniG lo pay when
due any fax, assessmenf. inswance premiun~ or ot{~er sum oJ money paynb~e by virtue of said note nnd this
mortgage, or either, t~e mortgngee may pay t{~e sanie, wit~oul i~aiuing or a~~ecting !he option lo lorec~ose
or nny other ric~~t ~erpun~er, and alI suc% paymenls sF~nl~ bear interest from crafe thereo( nt !J?e (~ighest law-
f ul rate t{~hn nilowed by IF~e Iawa o~ the State o( F~orido.
~L any aum o( money keerin re(errec{ to he not prompf~y paid wifhin 3~ c~ays nex! ajter
t{~P same bPCOmes due, or i( eacl~ and every 1he ngreements, stipu~ntions, ~ond<<<o~ and ravenonls of seid
nole and thu rnorteagP, or either, nre not ~ully per~ormed, complied with ,and ab~d~d by. t?~en the entire
sum mentione~ in aaid no1e, and t~is morlgage, or t~e enlire hnlance unpaid tl~erron, s~al~ ~orthwitlt or
the~ea(ter, at tf~e option of t1~e rnortgagee. 6eco~ne nntt be due anc~ pnya6le, nnytf~ing in said note or {~erein
fo t~e conhary notcuif~?slanding. Failure by tl~e rnortgagee to exercise nny o~ t~e rip~ts or options {~errin
proui~Ierl shall not conatiN~te o u~ainer o( any ?ig~ts or oplians unc~Qr snid rtote or f~is mortgage accruec~ or
f{~ereaJfer uccruing.
{ ~ ~y `
~ ~n Wh~~L~ 1he said mortqagor has tiereunto signec{ and sealec~ theae presenfs ~he
E clny anrl yPar first a6one u~riltpn. THIS IS A BALLOON MORTGAGE AND THE FINAL PRINCIPA
~ PAYMENT OR THE PRINCIPAL BALANCE DUE UPON MATURITY IS $17,59$.24, TQGETHER
~ Signed. sealecl a?~d dp1;~~p.Pd in t1~e presence oi: I~~T~~N~~~~~~~ ~~a~R~~TTH~FMB~~~A~~~ U~I~ R
~ HE TERMS OF THIS MORTGAGE. ~
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~ ~S eorg a~~~~ "itten
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STATE OF FLORIDA, ~
~ CO[3NTY OF St. LUC10
i HEREBY CERTIFY that on thit day, before tnt, an
~ ofiicer duly authorized in the Stat~ atoresaid and in the County a(ar~said to takr ackaowkdqments, pcnonally appearcd
~ ~~n~ , a~d Georgia Ritten, his wife,
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to me known to be th~ perwn g desrribed in and who executcd the foreRoin~ irutrument and p'np ackrw~rkd~ed
be(ore me that t}7@ y~xecuted the sam~.
1ti ITNESS my hmnd and official ieal in thr C~unty and Statc last• a(orttaid this 2~ day o(
' J~ A. D. 19 gO. ~
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E - _ Qenmissir~n L•~pires:
~ : NOTARI' PpBLfC. 57~~ OF F
t . . ~ _ WT COMMISSIOH LORID,~,
10NDt0 iHAY NOTwnXP~R~uc PWl f1. t992;
~ YNO[NWAIT[*f.
' ° ~ 675 PaCE~594
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