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~i and shall prrJorm, i~umply wifl~ ~n~I ahirle j~y c~ach ancl ei~ery the aqreements, slipululions, rondittona and ;
; i{ ro~~enanls t{iereoJ, mi~1 of Ihis morlgag~, thi~n ihis murtpuge and 16p estate here6y rrnat~I, 9hajl cease, ~a- ~
i lermine nna 6e nall and roi~~. ~
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. ~ Ihe moH~agor Iiemhy f urlher rovenants nncl agrees !o pay prompllq w~en tlue the principal ancl
' interesf nnd other sums oJ rt~oney prot~i~Iec~ jor in saic~ nole and t~ia morlgape, or elthe?; fo pay all and ~
; singulur tl~e taxes, assPSSmenls, ICI'IPS, lia6ilities, obligalions, and rncumbrances o~ every nature on saicl pro-
perly; to permit, rommil or su~~er no waslP, impairmrn! or deterioration of sai~ ~and or Ihe improuements
i thPreon nt any iimr; lo keep Ih~ built~in~s now or hPrPa(t~r on snid 1ant~ fi~11y inaured in a sum nf noi les~
IRan TE~ THOUSAND AND NO/~00----------~----------------.•_____.._..--..--- ~.r~~
in n~•omp~ny or c•ompar~ic~s arceplablc to f{~e morlga~ee, Ihe policy or pc~licies io be held by, and ~ya6l~
li to, sai~ morf,ryn,ryee, mic~ us f{~e euent any sum of money becomes payn6le by uirtue o( suc~ insurance 1{~e
~i morlc~ageP shnll hai~e ~he rinl~! to receiue and apply the same lo the indebiedness here6y secu?rd, accounting ~
io tI~P morf,ryn~~or Jor any surplus; 10 p(ly ttI~ COSI4, Ch41'1~P3, and expenses, inc~uding ~awyer~a ~ees and tit~e
;i sea?r~es, reasnnuF~ly incurred ur paid by ihe mortgaqee ~ecmise of the ~ai~ure o~ tf~e mortgapnr lo prompf~y '
anc~ Ju~~y i•omp~y u~ith Ih~ apreemenls, slipu~alions, ron~Iitiona ancl eorenanla o~ sniel nole ancl thi~ moHgage, I
ii or eilher; !n pPr~orm, cnmply witl~ an~I ahi~e (~y eacl? anc~ euery tlte agreemenfs, stipu~ations, canc~itiona an~ ~
j cot~enants set Jorlti in said note and ihis mortpage or eil6er, in the event fhe mortgagor `ai~s to pay w~en ( I
i~ due any ia.r, assessmeni, insurance premium or of~er sum o~ money payabG by nirtue oj said notn and this ~
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~i mortgage, or eiff~pr, t~ie mor(nnt~pe may par the same, withottt uraiving or a~~eclin,q !he oplion to ~orec~ose ~
; i! or any ofl~er ripht hert~under, anc~ aj~ suc~ payments sI~aII bear interesi ~rom date thereo) at fhe ~ighest Inu~• .
;i fu~ rnie f~rn a~~utvec~ hy ~~in jm~~s oJ ff~e State o~ ~~o?i~n. ~
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' l` any sum o~ money ~e~rein re(erret~ to be nnt prompl~y pai~ wilhin THIRTY aays next af ter +
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i tlie same beromes due, or i j eael~ and enery Ihe agreements, stipulations, condilions and covenanls o~ sai~ ~
i; nole and fhis mortgaga, or eith~r, arA not ~ully per~armed, compGed with ancI abidecl bp, then itie entire ~
;I sum mentianec~ in said note, and t{~is morlgnge, or thP enlire 6a~ance unpaid ihereon, shall Jortf~with or
~ tl~ereafter, a! !he option o( tlte morlr~ar~ee, become and be due and paqa6le, anyt6ing in aa+d rwte or ~ierein ~
to thP ronlrary nolu~il6sinntling. F'ailure by !he mortqagee to ezercise nny o~ the rights or options herein ~ i
~ prori~ec~ sEia~~ rtot rorisli~ut~ a u~nii~er oJ any rights or options un~er sai~ notP or ihis morfgage aarue~ or ~
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tlierenjt~r nrcruing. i
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~ - ~n ~~tn¢ss ~h~reof~ ~~IP Spi(I rnnrfgngar has Iiereunto s4~netl an~{ seqle~ Il~ese presenls tf~a ~ I
r~ny ancl ?'enr Jirst n~~on~ u~rilt~n. ~
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n d, sealed nntl dr r~red in Ili~ presenc~ oj: , ,
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„ F~A~:~~WKI~G~~ I
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';I ST.~TE OF FLORIDA, ~ ~
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cot~~TV c~e St. Lucie ;
I NEREBY CERTIFY that on this day, be(ore me, an ;
o((irer duly authorizrd in the Stasr a(oresaid and in the County afotesaid to takr acknowledqmcnts, penonally appearrd
MICHAEL B. WRIGHT and FRANCES A. WRIGHT, his wife ' ~
to me known to be th~ p~~rson 5 described in and who executed the icrr¢oinq instrument a~a they arknowledged ~
be(ore me that r$@y executed the s«me, I
~5'1TtiE5S my hand and offirial seal in the Coonty and Statr last aforesaid this ~t~l day~ of
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fI OCtOber A. D. 19 6~ • I ~ ~
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'~i; ~~r,~.~{'' . a Q~p TARY PUBLIC - State of rida ' +
:`t~ ; r ~II.~Q AN~ ~E~ a00K at Large ;
- ~ ~ ~ = ~~J.._~ My Commission E:~pires: 3/9/~8 i
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