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and Iholl perform, comply wI/it and abld. b, eo€h and every ,,,- lag,....",..n", .upulouOIU, con4UtOlU unci
COl'ennnlJ Ihe,..of. and of Ilti. morlgoge, ,lten Iltu. mortgag. and I:.. ..tale I..r.b, CNCI,.J, .hall c.GIe, de-
h.rmine and b. null on.l void.
Rnd lite morlgagor heruhy furl her covenanl. and og.... 10 pa}' prompll, when d~ ,he principal and
inleN'sl anJ olher sum. of money provided for In .a,d n<1le and lit" ml'f1gllie. 01' elllt.,.; '0 pa! aU and
singuktr Ihe i..xps, .aueumenls. /evln:-llahllllie., obllgaUQllJ, cmcl encumhronctl' of .ve,.." nalure on .aid ;>ro-
perly: 10 permll. commit or luffer no waJl<?, rrnp<l1rmerll or d.,.riOl'Gtlol'l of eold IanJ or Ih. lmprovtmuml.
IhpN.'on a' any lime: 10 Ileep Ihe huildlTlgs now or heN'Clfler on ,old ktnJ fully lruure 1 ill 0 .um of nol k..
Ihan (this is vacant land)
in a company or companies occeploble 10 Ihe morlgagee, Ih. polley Of' polici.. 10 be It.ld b" and pa,able
10. .ald mortgagee and in Ihe el'enl any mm.of mone, become. payable hy virlw. of .ltCh iruurance Ih.
morlgagee shaU have Ihe righl 10 receive and apply Ihe .ame to lite tncleb!edneu herehy .ecurecl. accounting
10 Ihe morlgagor for a'lY .urpluJ; I~' all CC.lIJ, charge., and experutt., Inclucll,lg ktw,..... fee. anJ fllle
!earchel, rea.lonably illcu1Ted or paid by Ihe morlgogee because of lit. failure of Ihe mortgagor 10 promptly
and fully comply with Ihe agreemenlJ, .lipulalioru, conditioru and covenanIJ of .ald nol. andlhlJ mortgage,
or either; 10 perform, comply with and abide by eoch and ~e,.." Ih. agreement., .ltp~lo.tloru. conclllloru and
COl'l'llanls sel forlh in said nolI.' and Ihls morlgage or ell her. In the event Ih. morigagor faIr, to po'! when
due any lax, a.IJeum('nf, iruuranctl premium or olher .urn of mone, pa,af,l. f" virtue of .okl nole and Ihu.
mortgage, or eithl'r. Ihe mortgagee may poy the .ame, wllhout wolvlng or affecting the option 10 foNIClo..
or any olher righl hereunder, an~ such paymenIJ .hall bear Inlerul from date Ihereof at the hIgh.., law-
'ul role Ihen aI/owed hy Ihe IaWI of Ihe Slale of Flortda.
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If anY!lUm of money herein rl'ferred 10 he nol prompll, pold wl/hln - )0- do,!, next aft"
Ihp lame becomes elue, or if e~nd el'ery Ihe agreemllnlJ, .lIpulalloru. conditioru and covenanIJ of .ald
no'e and Ihil morl~age, or eilher. are nol fully performed, complied wlllt and abided f,,!, Ihc!\ Ih. enU,..
sum menlioned in said nole, and Ihls morlgage, or Ih-&- enllre ba:anc. un patel Ihereon, .hall forihwuh or
Ihpreafler. 01 Ihe oplion of Ihe morlgagee. become and be due and payable, an.,lhing In .old note Of' her.ln
10 Ihe conlrary nolwilh,'anding. Failure by Ihe morlg agel.' 10 exercise any of Ih. righ,. or opUoru heretn
prol'ided .hall nQI con.lilule a wait.er of any righls or option. under said nole or Ih" mortgage accrued or
Iher('afler accruing.
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In 1ttitntSS ltUltrtof, Ih" said morlgagor hcu :1f'~unlo signed and seaW Ihel. pNlJenlJ Ihe
day and year fir~1 obo(1e 'l'riiien.
Signed. sealt'el and deli(1er~d in lite prl'sence of: .:... . ....8 ..... .... ... ........................
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........y~..#--...~.......................................................................................................CD
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ST A TE OF FLORIDA,
Cm'~TY OF SAINT LUCIE
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I HEREBY CERTIFY that on thi.-day. ~ore me. an
officer duly "ulhoriud in the Sl..te ..for~sa;d ..nd in the County ..fonuid to takr acknowkd~enU,. penonally appeared
PHILIP PEARL
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\0 me known 10 b.. lhe p<'rson deKrih<od in and who executed lhe foregoing instrument and
brforr me lh..t he executed the Urne.
WITNESS my hand ..nd official Jul in the CouMY and St..lt' Lut afores;oid this 25th
March A D. 19 61
he
acknowled(ed
day of
~)3~o8
flLEO ANO R[COR~O
'~F<tLGOOr 7/
- "%1 nPR -7 A~ \1: 37
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RDGER PO I\J\........~....'.
ST. LUCIE COUNll. FLOp,lOM
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