HomeMy WebLinkAbout1760 anr~ si~all per(orm. con?ply u~~~h and abids by wach and e~~ery Ihs aipresnunts, sttpulationi, rnndttions and
covenan~s Ihe?eo/, aRd a~ Ihis morfgags. lhen l~is morlgnge and ths estnt~ 1~«reby cnate~, shall ceas~, d~-
t~rmine and bs ~u~ll and void. • j{
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~ the mo?Igagor hen~6y (urt!?er c~ovenanls nnd ag?ees !o pay promptly wken du~ th~ principal onul ~
tnfs~rst and of~e~ sums a~ n~oner pro~~ided jor in said note and Ihia mwtgage, or eit~er: to pay a~~ and
singulnr f~e taxes, nssessmenfs. ~evies, lia6ililies, o6ltgaliona, nnd encumbrancei o~ every nature on saie~ pro-
perly: fo penr~it. commit o? su/j~ no wmte, Impairmen! or delerior+nlion o~ snid la.~d or fhe improvem~?nb
Ihe~ron at a~y time; to Feep Ihe huildings now or herra/te~ on said land Jul[y insured ~n n swn oj no1 leu
tl~an 1t8 1A8utable vatlue
in a co~npany o~ coinpanies acceptab~e !o f~e mo?tgagee, the po~icy o~ po~Ictes to be ha~ by, and w~ra6le
fo, sa~d mortgagee, and in tl~e euenf nny sum o( money 6ecomes ~~61~ b; virfue o~ such insurancs fke
mortgagee s~a~~ haue tka right to receive and apply fhe same to tks tndebtedness tiereby securec~. ac~ounting '
to the Morlgagor ~or any surp~us: :o pay au cosfs, cl~arges. and expanses. inc~udin9 ~awre~s fees and fit~e
1( searc~es, rea~.sona6ly incurrec~ or paid by t~e mo?fgagee because o~ the ~ui~ure o~ the mortgugor fo Frompt~y
1 nn~I )ully comply with i{~e agreemertts. slipu~niions, condittons aRd covenants o~ said nole and ftits mortgage.
, or ettl~er: to per(orm, corrtply witl~ and nbide 6y each ond every !~s ngraemenfs, sttpulations, conditiona nnd
c~ovenant~ set /ort6 in said note und this mo?tguge or either. In the event the e~or~gagor jails to pay u~ken
due a?~y tax, assessment, insur~a~ce p?emiurrt or otl~er sum oj money paya6le 6y vtrtue o/ said note and ll~ts ~
mortgnge. o~ eit~er, the morfgagee may pay 1~e same, without wniving or a~~ecting t{~e option to Joreclose
o? any oll~er rtgl~t he?eunde~, an~( all surh payments shall 6ear intsnst ~rom date fhereoj at the I~igl~est law-
~ul mte then allou~ed 6y ihe Iaws o/ the State o/ ~Floridn.
~l any sum ol money ~erein re(erred to be not prompf~y paic~ within 30 c~ays next aJlet
~ the same becomes c~ue, or i~ each and every the ngreements, stipu~ations, conditions anc~ eovennnts o~ saie~
~ note and tl~is morigage, or either, are not Jully perjormed, complied mitl~ and abided b~+, ther~ the entire
~ sum mentioned in said note, nnd this morlgage, or the entire bnlance unpaid iher~eon, shal~ Jort6with or
lhereo~ter, at t6e op~ion oJ tRe mwtgagee. 6eeome nnd 6e due and payable, anyi~ing in said note or henin
fo fhe confmry nolwif{~stanc~ing. Fai~ure by the mo?tgagee fo exeerise nny o~ the rig~ls or options ~erein
provided s/~a~~ not constilute a u~aivpr o~ any rig{~fs or opfions under said nofe or f~is mortgage nc~crued o~
I~erea~~er accruing_
~n ~~~Q~ ~~Ol~ Il~e said mortgagor has f~errunto signed and sealed these presents the
i auy antr year ~irst aboue u~riflen.
Signecl, spaled and t~P~i~~ered in I~e PrPSPlICP o~:
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Barron Vernon ~
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~i Cheryl Vernon, his wife
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STATE OF FLORIDA,
c~c~~'I'Y ~F ST. LOCIE
I HEREBY CERTIFY that on t6is day, be(orc me, an
o(ficer duly authorizecl in the Stat~ aforcsaid and in the County aforesaid to take ackno~vkdgmentt, personally appeated
Barron Vernon and Cheryl Vernon, his wife,
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to me known to b~ the pcrson$ dcscribed in and who ezecutcd the [oreqoinq instrument and W~10 acknowkdged
befor~ me that ~1@y ~xecuted the same. Lt
NIT\ESS m~ hand and of(icial seai in thc (:ounty and Statc last a(orcsaid this "7./~-~- ~7 ~
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I September, a. n. ~9 74. ~Z
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