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; ~ ~dd~...e Roona 106, Arca~~ Buildinq, lort Pi~re~, llori~a .
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o~ w1?Ic/? e~?. n~ortQayar a now rNz.d and M pa..ssrion sttaot. in St. Luci~ f'oWnfq.
' Florida. nis:
Ths t~1s'P 50.8 5 1~EBT of tt~s e0UT8 152. S l~aT' o! LDT 3, SLOCIC 114, of
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plat book 8, paqs 3, o! ths public rsoords a! 8t. Lvcis County,
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TFIE~ RAORTGACOR COVENJWTS AND AGR~S THAT:~,,~! . . . , , . .
(1) Th. MoaTCncoR herei~ deell make th. p,ymem , cal!«! For i~ the ~it~t ~o~
now encumberirp thf: property to the MOR7'GAGEE herein, whkh peyrtant ths MORI'GAiGEE h~rs•
in fhafl in turn daliver to ths awnar s~f tha s~rid f i=st mortqa~e •
If the MOIt7GAGOR he~sln does not make the schsduled paYmsntx as 1F~ey coms dus uc?der the afor~.
• ~id f lrst .~~~ORTAGEE M~rs at ltsopRio~, can maka ths ~id dsli»-
quent payrnent s, sddirp said payrteent s mads to the balanoe due under tt~ii mortga9e deed. 1~
• o the nvent that the MORTGAGOR herein does nc?t maks the schedulad psyment: aa they becorne due
' under the afarasaid rrwrtgage , tfitm at the optbn of the MORT+GAGEE
, ' herein, the enti~e balana~ due hereunder tan be de~larsd due and peyaWe In full on demanci by the
~ said MORTGAGEE hereln: +
~ (3~ 1'he MURTGAGOR h~rein sheH rwt furth~r encumbe~ tfil~ pro~srty, ~xcspt by obiainin~p tF~ pKmi~ion
of tho MORTGAG~~ hsrdn.
(4) Tho MORTGAGOR (~arein will at ths re~quest of tha MORTG,NGEE her~in. refirsence tfio fint mortq+iq~
now erxumbeting thi: property s! any tirr?~ deerrwd desi~able by fhe MORTGAGEE herein. Ths pr~-
- aeds of s~id rrfina~cinp to b~ applhd aqainst th~ unpiid bsl~no~ du~ 1?Keuradsr.
3 (S~ Yho MORTGAGQR hrrsir~ wi!! at tl~s request of ih* MORTGAGEE i~rein acknowl~dgs thi: ma~t~p~pe
; ~ and tt?e amovnt ati{I dw at the time of the roqu~st on a form provided for this purpose by ths MORT-
- CAGEE. .
~ (d) Fsilum on th~ pait ot the MORTGAGOR to wlth, psrform, ar abid~e b~r sr~y af !hs preirrwnb,
:tipuiation:, condit~ and cova~ant: es" set~
f~ above in sediau 1, 2, 3, 4 ard 5, ~rr~povwsr: th~
; MO(t~'GAGEE hsre~n, at his option, w dsdare ths entiro balanoe du~ hersu~ b b~ due and par~bis
at o~ce. FaiOure af th~~ MORTCAGEE heterin, to e~rcise this aption st s+~y tim~r shali nat aan~titut~ a
wairror o~ ftw ri~M ~o ex~xcks this optiae at some lat~er tims.
in th~ w~t af for~clotur~ afi tht~ mongaq~ ds~d, ihs MORTGAGOR w?ill be t~ {i~ls only? b ths ~c-
. ~ a~,, e~~ ~ooK ~.1? 4t~5 ~
~I tH~ 1S A S~Qppd MORTGAG~ OEED.
~ TH~'i IS A pt3tChAb MONEI( M4R1'GA~f DEED. .