HomeMy WebLinkAbout1603 and ihull per,{orm. rnmp~y with ~d abtd• by ~i~ ared every~-th~ ngrwmenl~, stipu~ailoni, cortditiona ond
covananls thereo~, and o~ thti morfgage, Ihen thls mortgage and tl~s e~tat~ hehby cnat~d. shnu eewe. da
termJne and ~it null and ~oid.
~ the rreortgagor leemby /wther cot~enants and agrees to pay pro~nptly when dut tk~ prlncipal and
tntereat and ofher sums oj mo~ey provtdQd Jor in aaid note and f~b mortguge, or aifhvr; to pay au ond
singulnr the laxes, wsesaments, leviea, lin6ilities, obligations, and encuen6rautces o~ evsry nutur~ on aaid pro-
pe?fy; to pe?mif, coinmit or auffer no wwte, impainr~ent o~ deteKonation of said land o~ f1~e tmprowreanb
tl~ereon at nny time; to ~eeep t1~e bui~inga now or herea~ter on satd iund /ully t?uured in a sum o~ not laa
tl~nn
in n compa~y o~ companies aoceptab~e to !he mortgagee. the po~icp w po~iMes eo be held br. nred /~pab~a
to, said mortgagee, nnd in lF~a evont nny su?n oj money beoomea payabie 6y oirtue o/ such Iruuranc~ tht
mortgagee shu[[ kaue t6e rtg/~t to receive and appIy the amne to II~e inde6tedneas kere6y recursd, ac+countt~g
to fhe moKgago~ ~or anq surplru; to ~y elt ~o,r:, c~arges, and expenses, tnc~uding lawq~ s j~es aruj tit~e
searrhes, reasonably t~c~ured o. ~~d by e1~e mortgagee 6ecnuse oj the /ailure o/ tke mort9agor to pron~plly
and ~ully comply wtt~ f/~e agreements, stipulattons. ronditiona and eovenants o/ soid note nnd el~ta mortgagt.
or eilher: to per~orm, oo~,Ply ~~eh ~d abtde 6y ~k ~d every ttie agreertients. atipu~ations, condiftons und
covena~ts set Jortk in said note nnc( this mortgnge or eitker. /n tl~e event tlte mwlgagor lailt to pay whsn
due any tax, nsses~ment, instunnce premium or othe~ sum o/ money payable by virtue o( snid note and l~ta
mo?tgage, or eit~er, t~e mortgagee mny pay t~e same, wit~iouf wniving or n~(ecting the option to for+eclose
or any otlter rigF~t hereunder, nnd nIl such paymenb shall bear intere:t /rom dnte ther+eoj at the 1~lghest lau~- ~
(uI wte the~ a[i~wed by ehe Iaws o~ ({~e Slnte o/ Florida.
~1 any sum oj money ~eretn re(erred ta be not prompt[y paid wifhin thltty (30~ c~ays next a~ter
the same 6ecomes due, or ij eac1~ and everq fhe agreements. slipu[ntions, condttio+u and c~overtanb oj taid
note nnd tF~is mortgage, or either, are not jully per(ormed, comptied with ~d ab~ded 6y, then !6e sntire
sum mentioned in said note, and Ihis mortgage, or t~ e entine balance unpaid t/~e~on, shnU '~athwith or
tF~ereu~ter, at the option o( tJ~e rr~ortgagee, bec~orree and be das and payu6~e, «nything in satd note or herein
to the eont~wry notwitleatanding. Failure by t1~e mortgngee to exer+cise any o~ tke rights or opNons ~erein
pnovided s{ea~~ not con~fifufe a wni~er of any rig~ts or options under snid note or t~ta rr~ortgage acnued or
Ihereof ter accruing.
~n ~lUl~s W~0l~ the said mortgagor has I~ereunto signed and senled these presenls the
cjay an~ yenr Jirat aboue writfen. -
' ned, sealed n livered in the presence o/:
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i STATE OF FLORTDA, ~
covrrr~t oF ST . LUCIE ~
I HEREBY CERTIFY that on this day, beEorc me~ an
i of(icer duly authorized in the Stat~ afor~said and in the County aforesaid to take ackaowledgments~ penoaally appeared
I Robert M. Jernigan and Peggy C. Jernigan, his wife
i to me known to b~ the penonS descr'bed in and who executed the (oregoing irutrument and they aeknowkdaed '
i t
before me that they executed t6e ume.
` WI1'NESS my hand and o((icial seal in the County and State ta:t a(orcsaid th'u 1$t]T:•-;~` • _----dnr- aE_ . t
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May A. D. 1973. ; , ~ _ , ~
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SLll~C~r '1„4TY flR. - ~ ~
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` ? c - , : . - ~ ~ ~ ~ NOTARY %lBIIC STATE OP FIORtp/14~~CARt1!'''
i MY COMMfSS10N ~(PtRES NOV 3. I97ity"
QONpEp iHRU GENERA( INSURANCE U!Jrite~+~R~TCps ~ n~
Mar Z~1 l~ zw PN ~3
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' ll~u lurtnim~•~u pnp~n,! ly: joe G. Mullins
` ~t~IJR~~ P.O.Box 970
Fort Pierce, Fla. .n ~
33450 ?~GK~.. ~~Gt
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