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and shall pr?(orm, romnly u~It~ ond a6td• 6y ~1~ and eas~r !~e agnament~. •Upu~at[on's, condltioni nnd
co~~enants thPrno/, and o~ thts mo?tfla~e, the~ thit mortgage and Il~s e~tats I~en6y c.^rat«I, sl~aU no~~, da
tprmine and bp null and ~wtd.
~ Ihe mwfgapor he~e6y (urth~ cot~enanis and agreea to poy promptly when du~ tl~s prtncipnl nnd
inte+rsl a~d ol~~er sums of mo~ey provtded Jor !n saia note nnd l1~is mortgcgs, or elther: to pay a~~ and
singu~ar Itip l~.re~, assessmenls, ~evles. ~la~i~ttl~s, ob~i~~lions. ~d .n~6.n.~~, o~ e~+ery nafun on satd pro-
pprly: fo permil. rnmmtf or aufle~ ~o waslr, tmpainnent or delerioratton o~ satd ~and or th~ tmprowmtnb
lherren al any lime; fo Irc~ep tl~p ~uil~inps now or herea(1M on ~oid land Ju~Ir i~uwecl t~ o sum oJ not ~aa
f~an Five Thousand Dollars ($5,000.00) ,
~ in u campany w companies accrptab~e !o t1~e mwlgagee. 1he poltcy or poltcies eo b. I~eld 6y. n~ papab~t
to, said mwigagee. and in Il~e event any sum oj mpney 6ecomes paya6b 6y ntreue o! su~l~ tr~sur~artc~ !kt
mortgagee sholl have Ihe rt9h1 fo recei~ and apply 11~e soms to tke tnde6ttd?~es: kere6y aecund, aceounting
~ ta t~e ~~rigaf~~r for anv sisrp~cis: ta isas al~ rosts. r~ar~va~ ssn~ r~ssaea. inc~u~ing ~eu,~r~ei ~e~ nnd til4
searc~es, rpasor~a6ly incum~ or paid by Il~e mortgapee because of t~e ~ai~uro o~ t~e morlgago? to prompf~y
~ i and Jullv comply u~il1~ the agre~ments, afipu~afions, c~on~Iilions nnd eouenants of ~atd note and tf~ta mortgag~.
or piiher; to perJorm, comply with and n6ide 6y each and every fhe agreem+enf:, stipulatlons, condttlona and
rnve~anis sef Jorl~ in said note and fhis morlgage or sil6er. ~n tke event t~e mortgagor ~at~s !o pay w~un
du~ a?~y r.oac, assessmenl, insurance premtum or othe~ sum of n?oney ~yo6l~ 6y vtrtue oj said note and tltb
mortgage, or Ptfhe~, Ihe morfAag~+e may pay Itie same. wifhout wai~irig or a(jecting t~e opfion to ~onc~os~
or any oth~ right I~erpunder, and aII suc1~ payments shall 6ear lnterest ~rotn dafe thereo/ at tl~~ 1~[gke~t law-
' (ul mle Il~en allou~ed by Il~e Iams oj ll~e Stale o~ Flw~da.
any sum of mor~~y ~erein re(e?rpc~ lo I~e nof prompfly pntc~ Wiehtn ~ ten day~ nsxt n~fer
l~~e samn 6ernmes due, or i~ eac~i and enery fhe ngreementa, stipu~attons. conelit~ons nne~ oovenants o~ said
I note onc~ t{~is morfgage, o~ PI/I1P/, are nof Ju~~y perjormed, cnmp~ted with apd abtdBd 6y. t~ten f~e entin
sum m~ntionec~ tn saFd note, and 11~is morfgage, or the enftre bn~artee unpatd t~ereon. sha~~ (orfhwtt~t or
tl~ereaJter, at the option o( 1he rnortgagee, b~m! ~d 6e dw ~d ~~6le, anytking in satd note or ?~ertin
to the rnnlrnry notwitRstanding. Fatlure 6y tF~e mo?tgagee fo exerrite an71 0~ the rig~b or optio~s ~er+et+~
provided al~all not rnnstitufp a waiuer oj any ?ig~ts or opfions under said note w t~is mo?lgage nccrutd or
I~erea~fer accruing.
~n 1he said morigagor has herrunto signed and spaled t6ese presenta the
t~ay an~ year jirsf above u~rilfen.
Signed, s lecl a d deli+~rPd in the pr~sence oj:
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Jack N. Prater
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~ STATE OF FLORIDA~
couiv~rv oF ST. LUCIE. ~
~ I HEREBY CERTIFY that on this day, betorc me, an
officer dnlr avthorized ie the Sute aforesaid and in the County a(orcnid to take acknorrkdsments. penonallr appeared
JACR.N. PRATER, a single adult '
to mc known to be thc prrson descn'bed in and w6o executed the [orcgoiry~ instrument a~d k//yO acknowkdsed
before me that cxecuted the ume. .~~y ,
WI77VESS my hand and o(Gcial teal in thc County and State last atoresaid this ~`,L~l~!'•" ••~.f~ar of
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A. D. l9 66. • --..r • :
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9 . ~ ~ • Notary Pub ic, St~t~ o„~ . ~o~.d~~ ~
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F _ My Commission Expi~e~'4~,1. ~i'~~'
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EXPIRES JUL~ ~
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