HomeMy WebLinkAbout2287 and sholl perJorm, ~~omply u~i11~ and abide by parh n~d PI'PfY the ngreemenls, ~fipu~aliona, condilions and
cot~enanis Ikereof, an~ af this mortgape, Ihen this morlgage and the eatate hp?r6r crealed, sl~a~~ ceaae. t~e-
lermine ana tie nu~~ an~ noi~.
Iin~ itip murfgat~or hernf~y ~urfher co~~enanlt an~ agrees fo pay prompt~y when due fhe p~incipa~ and
inferesl and ot{~er sums of money proviclec~ (or in said note and Ihia mo~tgage, or eif~er; fo pny a~~ nru~
sin~iilar the taxes. assrssments, le~~ies, linbilities, o6ligations, and encum6rances oj every nature on sutd pro-
perty; to permil, commi! or su{~er no waste, impai?menl or defe?iorafion o( snid ~anc~ or fhe improvemenls
t{~ernon at any tima; to RPPP thP bui~c~infls now or F~ereajter on said Iund fu~~y inattred in a sum o~ not less
~~Q^ Thirteen Thousand Five Hundred and no/100------------
in a company or companies accepta6le to the mortgagee, ~he policy or policies to 6e held by, nnd paya6le
to, said mortpaqee, and in th~ event any sum o/ money becomas ~ya6l~ by vi?tue oJ such insurnnce tl?e
morlc~agee shall hai~e the rigl~t to receive and npply fhe snme to thg inde6tedness I~ereby secured, accounting
fo thp morfgagor ~or any surp~us: to pay a~~ costs, cha?ges, ant~ expenses, inc~uding ~awyer~s le¢s ant~ tif~e
senrci~vs, reasonahly incurrec~ or ~~d by rhe moNgngee because o~ !~e jai~ure o~ fhe morfgagor fo prompt~y
an~ ~u~~y comply wilti fhp ayreemenfs, sfipu~ations, con~itions anc~ corenants of said nole an~ t~ts mortgage.
or pith~r: to pp?Jorm. ~omply u~itl~ and a6ide 6y encl~ nnd every the agreements, slipulations, conditions and
~oi~enanls set (orl{~ in saic~ note anc~ ttiis mortgage or eiftier_ ~n f{~e event ftie mortgagor ~ai~s to pay when
due anq tax, assessmv~f. inswance premium or other sum o~ money paya6le 6y virtue of said note and this
mortgage. or either, ftie morfgagee ??~Qy ~y fhe same, u~iftiout u~aiving or nj~ecfing fhe option to (orec~ose
or any of{~Pr riqht hereunder, an.{ all such poyments shall bear interest ~rom c~ate t6ereo) at fhe highes! lau~-
(ul rate then allou~ed bv the lau>s oJ Ihe StatP o~ 1'lori~a.
DL any sum o~ money tierein re~erre~ to 6e not promptly paic~ u~ittiin thirty r{Qys next a~ter ~
f~~P same ~~P~-omes due, or i( earh an~ enery tl~e agreements, sfipu~ations, conc~itions anc~ covennnts o~ snicr
nol~ and Ihis mortga~p, or either, are not Jully per/ormec~, comp~ied with ane~ a6~dpd by, tF~en tF~e entire
sum menfioned in ~aid note, and this morlgage, or the entire balnnre unpaid thereon, sF~al~ ~orthwitl~ or
1{~erea~ter, af lhe option o~ the mortgn~~p. 6ecome and 6e due and paya6le, unytl~ing in saitl note or herein ~
fo t~e confrary notu~iftistan~ing. Fai~ure 6y fhp mo?tgagee to ex~rcise any of the righfs or options herein ~
proric~e~ s~ia~~ not conslitufe a u~aii~er o( any rigtits or options unc~pr sai~ nofe or ttiis mortgage accrued or j
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fl~er~qll[~r a~cniinp. I
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~n ~~tness ~hereof~ th~~ soid mortgagor ti~s herpt?nto siynec~ and sealecl these presents the i
I ~ny an~~ y~>nr ~irsf ahorP u+riHPn. ,
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~ STATE OF FLORID~~, ~ '
~ C<)L'\TY (lF St. Lucie ~ ~ ~
~ I I HEREBY CERTIFY that on this day, before me, an i
~ vf(icer duly authorizrd in the Stat~ a(oresaid and in the County a(or~said to takr acknowledqments, personally appeared !
= j Ovide J. Vachon and Antoinette L. Vachon, his wife '
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; f~ to nw known to Fx the p~•rsons dcs~rit,ed in and who ~xecuted tht for~qoin¢ instrument and they acknowledQed
~ befor~• rne that thgy c~ccuted the same. I
\~'IT\F.SS my hand and olficial seal in th~ Counq• and Stat~• last afor~said this 22nd day o(
February .a. n. ~9 74 • - ~f
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