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and shall pc~~jorm, comply witti nnd a6i~le hv ~~n~~h ~nd ~rery ti~e aHre~•n~~~nts. slipulations, conditions ond ~
covenonts tl~ereo), anc~ oJ Ihis mortgaf~P, t1~p~ 11iis R101I/~IIQP and Il~e estut.• hern6y createt~, sha~~ cease, ds- #
fp?mine and be null and void.
nn~ Itip mo?Iga~o? hern6y ~tul{~e~ coi~enm~fs an~{ ogrees lo pay pr~~mplly wl~en due the principal nnd
tnterest and oftie? stems oJ rno?iey proni~ec~ Jor in sai~ note and thts morlqn~P, o? elt~er; lo pay al~ and
sinpu~ar I~e tAYPS, assessmenfs. ~pnies, ~iobi~ilies, oti~lgalions. an~ encumtirar~ces o( every nalure on said pro-
perly: fo pe~mil, romm~l or su~~er no wasfe, impairmen! o~ delerioralion of said lond or Ihe Improvemenlt
fl~ereon at any Iime; Io ~eep II~e huil~Iings nou~ o? he~rafte~ on ~nid Ian~I J~~IIy insure~I in n:u~n oj not less
~F~an full insurable value
in a company or com{wntes accepta6~Q to fhe morfgagee, !{~e poltcy o~ po~icies to 6e tie~ by, nnd payn6le
fo, suie~ mortgagee, a~c~ in I~e event any sum oj money becomes paya6le by i~=rlue oJ such inawnnce the
martgagee shall have Ihe right to rc?ceive and apply t{~e sume to the t~debtedness {~ere6y aecuretl. aceounting
!o I~e morfga~or ~or anp surp~us; to pay a~~ costs, ctia~ges, and expenses, inc~~u~ing ~wyer a~ees nna ltl~e
searcl~ps. ?easonn6ly incume~~ or paid by ~I~p nnortga~ee 6ecause of tke (ni~ure o( Ihe mortgagor to prompllr
an~ Ju~~y cornp~y u~il/~ Ihe agrnements, stipu~aliona, c'on~itions anc~ covertanls o( snic~ nofe ana Itits mortgnge.
or eilher; io pe?~orm, comply u~itk and a6ide 6v eocti and ri~ery t~e agreemenfs, slipu~ations, conc~ilions and
rnrenants set (orfti in said note an~ ttiis morlQage or eiiher. the event t~P mortgagor ~ails to pay when
tjete any fax, assessment. inswc~nce premium o? ot{~er s+~m o~ money poya6le hy virl~i~ of snid note and fhis
mortgnge. or eifher, ttie mor~gagep may pay 1~e same. ~uifhuuf iuaiving or a~(PCfing Ihp option to ~o~eclose
or nny other rigl~t 1~ereunder, ancl all sucl~ payments shnll bear interest jrom du~e ther~~o( at tke 6igltest ~aw-
~u~ rate Ihen allowetl by t~e laws O~ ~IIP SIqIP oI Florida_
f` any sum o( money tierein re~erre~ to ~~e not prompily paid u?ilhin 3~ c~nys next aJter
t6e same bpcomes due, or iJ euck and e~~ery Il~e apreem~nts, sfipula~ions. condi~ions and covenants of snid
note and Ihis mortgage. or elther, are not f ul~y per(ormed, compliec~ wit1~ •ancl abided 6y, then the enlire
sum menlioned in ~aid note, and this morlgnge, or the enti~e 6alance unpaid fherPUn, shall Jorthwitl~ o~
f~ereaJter, of I~e option oJ fhP morlgagc~e, become anc~ be ~ue ancl paynble, ariyftii~~c~ in saic~ note or herein
to f~e contrary nofwithstnncling. Failure tiy !~e morfflu~ee 1o exercise any oj If~e ri~hta or options herein
provi~e~ sha~~ nof constif~de o u~niner o~ any righis or optiom un~er saic~ nofP or f~is mortgage aecrued or
I ~prea~ter atcruing. .
~n ~i~ness. ~hereof~ tl~e said mortc~agor F~as tirreunto signecl and sPaled Il~ese presents t{~e
day and y~r (int above u?riNen.
Si erl, spaled mid delinered in the presence oJ:
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Robert . Jer an ~
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~ STATE OF FLORID4, ~
Cou~'rv oF St. Lucie -
t HEREBY GERTIFY that on this day~ betorc me. an
officer duly authorized in the State a(onsaid and in the Coanty atoresaid to tak~ ackaowledgments. p~nonally appearcd
ROBERT M. JERNIGAN
to me known to tx the person described in and who execut~d the tore¢oin~ instrument and he actnowkdacd
be(orc me that he cxccuted the ume. , ,
WITNiESS my hand and official xal in the County and Statc last a(oresaid this 26~ day ot
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~ ~1, ^ ' 1' NOTARI? v~JdUC ST~Tf ~F ~~tt~A~T lA :J S _ .
~i MY COMMISSfON EXPIRES :
~ - a AM tON~EO 1MRU GENERA( INSURA~UAi~R IT~ c, =
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P. O. BOX i4 ; . ~Ct S. 4rH ST. !
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