HomeMy WebLinkAbout0948 an~ s~iat~ prrforn~, rantp~y u~ilti an~ abic~e by aacti an~~ e~~ery f~?e agteements, slipu~nfio?is, conditions nr?d
roi~enanis Ihereo/. U/ld oJ Ih~s RIO~IJ)11~P, Ihen Ihii mo~l~a~e and t{~e estate here6y creat~, shall cease, de-
iprmin~ an~I Ge nu« anc~ ~~oi~~.
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Tin~ ftip morlga~or {~en+hy ~urfher cove~~anls ancj agre~s to pay promptly when dus the prtncipnl and
interesl ancl at~~er sums oJ mon~y proi~i~Iecl (or in ~ saic~ note and Ihis mortgage, or eittie~: !o pay n~~ anc~ i
stngular the taxes. assessmenfs, let~ies, lia6ililies, obligations, and encum6rancea oj every nalure on said pro- ~
perly; fo pPrmit, commif or suf
f
er no wasfe, impairment o~ c~eterioration o~ saic~ ~and or t/~e improvemenb i
thNrncn at nny time; to Ir~ep Ihe bui[din~s nou~ o~ f~ernaft~r on said land /uUy Insure~ en a sum oj no! less
I{~an. SEVENTEEN THOUSAND AND NO/100--------------------- - ~
pa y p p ble fo lhe mort a ee, fhe
in a~•om n or c•om ani~s acc~ fn g g po~icy or pojiciea to 6e held 6y, and payab~e ~
(o, said mort~aQee, and in fhe ~~~pnt ar~y sune o/ i+eoney 6ecomes paya6ls by virlue oJ such insurance the ;
mo~tgnqpe shaU l~at~e the ric~{et to r~eie~e a»d apply fhe same to the inde6tedness here6y secured, accounting ~
lo fhp morfgago~ ~or any surp~us: !o pay n~~ cosfs, c{~arges, antl expenses, inc~uaing ~awyer~a lees anc~ titte ;
sporrhes, r~asona~~~y incurr~ or NQ~d 6y ~hP mortgagee 6e~aiue o( ftie ~ai~une o( I~e moH_gaflor fo prompt~y +
artd Ju~~y comp~y u~ith the aflreements, sfipu~afions, conditions and covenants o( said nole an~ l~is mortgage,
or eilher: fo per~orm, comply u~ith and a6ide by eac1~ and every thr ag?eeme~ts, stipu~ations, conditions- and
conPnanfs set ~orth in sai~ note ana ttiis moNgage or eif/?er. /n the evenf t~e morfgago~ lails to pay when '
tIue any lax, ~ssessmPnt, insurance premium or other sum o~ money paya6le ~y virfue o~ saicj nofe and t{~is ~
mort~age, or eil~~er, fE~e morlgayep may pav t~e same, u~ithout waiving or af~ecting the opfion ta ~orec~ose ;
or anV olher ri~I~t {~Prvun~er. ~rtd a1~ such payments sl~all bear fR~PrPS~ ~rone date flepreo~ Qf 1{~e higl~est lau~- 3
{uI mle Ihen nlloineil by ~l~p lnu•s of f{~p StatP o~ Florida.
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nny sum o( money herein r~rPKPR t0 ~e not prompf~y paic~ wit~ein fiPteen aoys next a~ter }
' the sam~ bec•om~s du~, or i( e~ch and enery I~e a~reements, stipulafions. condelions and rnvewnnts oj said
note and tl~is mort,ya~~P, or either, arp not Jully perfor+rtec~, comp~ied u~ith and o6~ded by, Ihen the entirp
sum mPn~ionPd in said note, ared this morl~age, or the entire 6alance unpaid tl~ereon, shall Jorlhwilh o~
f~prea~ter, al oplion oj f~P morf~a,qee, become anc~ ~e due and paya6le, anyf~ing in saic~ note or herei~
lo t~~~ confrnr_y nolu~itl~slanc~ing. Failure E~y !he mortgagee to exercise any Of the righls or opfions ~erein
proaicre.l s{ia~~ nof ronsfilufe a u~aii~er oj any ri~~ts or options uncler saicr note or t/~is mortgage nccrued o~
t~~Pre~~l~r qccruint~.
~n ~itness ~hereof~ tl~~ said morfgayor has liereu~to sig~c~ and SPQIPCI these presents tf~e
~ay anc~ year f irst aF~ore ~rritfpn.
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Sit~necr a et~ c~ [l~~ire i f IPSPIICP o~:
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. OY AUGHN .
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LILLIAN VAUG&V
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STATE OF FG(>RIDA, )
Cc~L`TY ~F ST. LUCIE i
I HEREBY CERTIFY that on this day, 6elore me, an
offi~er duly authorized in the Stat~ aforesaid and in the County a(oresaid to takc acknowledgmenu, ptrso~ally appeared
~ LEROY VAUGHN AttD LILLIAN VAUGHN, HIS WIFE
to mc known to br thc pcnon g desrribrd in and who ex~cuted the forcqoin; instrument and tbey ackoowiedgtd.
befor~ me that they ~x«~e~d the same. .
«"II:~iESS my hand and official seal in thc County and State last alor~said this ~ dar of
October D. 19 73, • '
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MY CON~IISSION EXPIRES xL .
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fItEO AND RECTr
fE~ ~ y " ~ ~ ~ .
St.IUC?E C013M NOfiARY !l1~IC fiAtt Of Pt. ~ . . .
itOCER P~11RAS !~~~1~ RES AU~~ ~~j, =j~~~"~
Rf~~RO VfR ftEO COURt ~
~ ~410 ~'~3
ti6S'~86
Sam C. Gay~ Manager g~ ~9
Thrs l~rrrn~,~,c„i prrpnrc~f hy: ~awye?s Title Insurance Corparation
Aa~~rfu 321 South Second Street
Fort Pierce, Florid~ 33450
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