HomeMy WebLinkAbout0262 and s)~all ~~er/orrrt, comph~ icith u~ul ul,idc l~y cncl~ ui~d ~•c~•r~ tl~c ~~;:re•~~uuvits, ati~?ulutio~u. ccn~ditior~.s and
coucnants thereo/, AtilJ P~ 1I11S ~?iorl~;a~e, Nicn diis i?~orcru~c~ ~uu1 N~e estute• l~enrln/ ~•rcuted, sliufl cease, de-
termine and be nul! aru! void. ~
~ the mort~;a~on c~ret,~~ furtl~er couenants uru! u~;recs ~o puy ~~ron~ptG~ ~chen due the Yrincipal and
~nterest a~ul other sums of mone~ prouulerl /or in said note a?ul N~is rnort~;age, or eiti~er; to ~wy aI! arul
singular the taxes, assessnients, Icuics, lial~ilitics, obli~;atio~u, un~l c~u-~~nibrunccs of eccr~/ nnture on suul Nrop-
t t •,l 1...../ ~Ln ~~n.:rn*+i.»~nnlf.! ~
e?ty; to permit, commit or s~~/jer no ~raste, irn~,uirn~er~t u~' ur~c~~~~~~.~~~ vj ~u:•• •u•~• ~ r.~_ ,
tliereon at any time; to k die l,aiklin~s noic or hereu/ter an s li iruurcd in a su?n of ~t less ?
~l~an Eleven tho~~d seven hundred seventy on~€~~f100
in a company or conepanies acceptuble to the mort~;a~;ce, the Jw1ic~~ or J~oiicies to bc 1+cld G~~, a~ul ~wyatile ~
to, saul mortga~ee, and in t1?e euent any sun~ o/ nioney becomes ~wyable Gy virtuc o~ sucl~ i~~surance the
mortga6ee shnl! hace the ri~;l~t to receiee and upply the sume to d~e indel~teeb~ess hereGy secured, accounting
to t)~e niort~;agor /or ~ny sto~~lt~.s; to ~w,y ul! costs, chur~;es, atul ex~~er~ses, includin~; Ia~cyer's fees arul title -
searcl~es, reasona6ly incurred or ~xiid LJ the mort;~a~ee Gec~use o~ the fuilure of the mrntga~;or to prom}~tly :
a~ul /ully compl~~ iiith the a~reements, stipi~lotio?u, conditioru a?ul cooenu~its of suul ~wte arut tl~is mortgage,
or eiil~er; to ~~er/orn~, comply u•ith a?ul abide by cuch nnd ecery tlie agreen~ents, stipulatioru, CO/11I1~1O11S QIl(I
covenants set forth in said note aral this mort~;a~;e or eitl~cr. ln the evcnt tl~e ?nort~ugor fails to jwy u;lien
due any tax, ossessment, insurance premium or otl~er sum o/ money ~wi~aLl~ by virtue of sairl note ancl this ;
mortgage, or either, the mortgagee may Jwy the sarne, i~~thout ~caivin~; ar aeecting the option to foreciose ~
or an~ oN~er right hereuruler, arul a!I such ~wyments shall bear inferest from dute tliereof at tlie hi~l~est la~c-
fu! rate then allo~ced Gy the lau;s of tl~e State of Florida. ~
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~L an~/ sum of money 1~erein re%rred to 6e not ~~roneptly pairl ui~hin thirty days next after
the same becomes d~~e, or if eacl~ ancl euenJ tGe agreernents, stip~~lario~u, co?ulitions a~ul coue?wnts o/ snul
note anr! this mortka~e, or either, are not fullJ performed. complied ~cith arul abidec! by, t1~en the entire
suni mentioned in suid note, nnct this mort~uge, or ihe entire'Laiunce unJ~auJ tliereon, shall forth~citl~ or E
therea~te?, nt t)ie o~~tion of tl?e mortga6ee, become aid ?~e due a~ul ~xiya6le> anything in sn'ul note or I~erein
to the contrunJ notu~ithsta~u/ing. Failure bJ ti~e mort~;a~ee io exercise any of tl~e ri~hts or options herein ~
_ provulecl shall not corutitute a icaeer of an~ ri~;hts or oplio?u t~nder saul note or tl?is mortgage accn~ed or
tliercufter accruing. `
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~n ~itness ~hereof~ the said mort~;a~;or l~as hercunto si~;ned and sealed these presents !he
doy a?ui year ~irst nboce icritten.
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Signed, sealed and deliuered in the presence of: ~
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~ STATE OF ~LORIDA, ) ~
covti~n ar ST. LUCIE ~ ~
~ 1 HEREBY CERTIFY that on this day, bcfom me, an
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ofTicer duly aulMxir.ed in thr S~~te afunw.vd and in t}?e C'.ounty afvresaid to lake ackrn~~a•Icdgments, ~~r,ona0~• appeared
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Henry P.Vachon, an adult ~
t~~ ~nr ku~~~~n tu IN• ~IN' ~R'MIII d~•u•rilw•~l in :+ud ~~In, ~•~i~ut~•~l tln• f~~r~•LUiu~ in.lnnu~~nt :uul he :~cktni~~•It~l{~CCI ~
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~ Ix~f~~m un• that he i•~~~•iit~•~I th~• .:uui•. i
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~\'1"I~XF:Sti m~' Ir.~nd ;tud id(ici:d v:d in t6i• GninK :~n~l tit:di• I:~.t :durc+.u~1 thi. 2~t~'1 da}• of
December u. 74. ~
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~ 2~83~'~ ~au.~~- ~-c~-~~
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~ NOTARY N1Qi1G STATF pf FLORID~ A1 UR[;r ~
~ MT COMMISSION EX~IRES iEd. S 19~9
~s. fl;.c4=ti. :~=•iDED WNDEDiMRUGfNEi~AtINSURANCEUNptAWR~i~t~
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