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~f and shall pi~r(o~m, romply wilh and abidc+ l~y each m~d ei~e?y fhe agreemenls, stipulations, conditions and
( roi~enanls Ih~reo(, and oj f1~is mo?I~a~e, t~iPn Il~is morlgaf~e and thp esfate he.pby creale~l, sl~all cease. de-
f~rmine ancl Ge nuil ancl i~oid.
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{ ~nd f~~~ morf a~o? ~en•f~ h
~ g y~urther co~~e?iants an~ agrees to pny pronrplly w en due Ihe principnl and
i infernst and olf~er sums o( money proui~~ (or ~n saicl note ortc~ f~is ireoNgagp, or eithe?; (o pay a~~ and
~ sin~ular Ih~ laxes, ass~ssmen~s, le~~i~s, 1ia6ilitiPS, o61~gQito,~s, and encumbrances oj every nature on snid pro-
! periy; to permrt, commit or see(jer ~:o u~asfe, impairment or deterioration oj said land or Ihe improvemenls
~ fhprnon at hr~y teme: to k~~1~ 11~~ 6ui~din~ts notv or I~erna(ter on sai~ Inncl ~ul~y insurecr in a sum o) not ~ess
I, ~han the agqregate unpaid balance of mortgages thereon ~
~ in n com~~nv or companies ACl'PP~dhIP io fhe morfflaflee, ihe po~icy or po~icies to 6e l~eld 6y, and pcryable
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„ fo, saic~ mort{~a~~e~, an~~ in t~~e eo~nf nny sum o/ mo~ey becomes Paya6[e 6y virtue o( such insurance the
~j morf~agee sI~nII I~a~~~ t~~e ri~hf to r~cei~~e ancr apply Il~e same to tl~e indebtedness hereby secured, acc~ou~fing
fo f~~p murtf~a,ryor ~ot any surp~us; to pay a~~ cosfs, c~arpes, QR~ expenses, inclua~ing lawyers lees anc~ fil~e
searches, reasona~~y incurrptl o~ paitl ~y t~~e morfgagee hec~use of fhe jai[ure o~ fhe mo~tgagor to prompf~y
ancl fu~~v ~'omply u~ill~ tl~~ a~reemenfs, sfipu~afions, conclitions anc~ coe~enanls o~ sair~ note an~ I~Is moNgage.
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i; or eill~er, b per(orm, comply iuitl~ nnd abide by each antl every tl~e agreemenls, stipulations, conditions and
i coi~enarNs sef ~orll~ in said r~ote mtd tliis mort~age or either. 1~ fhe event !he mortgagor (ui~s to pay when
j' due any fa.r, assessme~ii, insurnnce premium or otl~er sum o( money payab~e 6y virlue oj saic~ nofe and t~is
Ii mo~tgane, or ril{ier, t~i~ mortgngee may pay ihe same, wifhout waiving or ajJecfing fhe option to Jorec~ose
i~ or any oll~er ri~ht I~er~iuid~r, and a~~ such payments shall bear intPrest Jrom dnte fl~ereo~ at f~e ltighest lau•-
'i ~u~ rafe f~~en n~~oivec~ ~~y 1~~e ~ou,s ol 1{~~ $late oJ Florida.
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nny sum oj mon~y ~~erein re(erre~ to tip not prompt~y paic~ wilhin thirty day: next a~fer
i 1{~e same ~~PCOm~s c~ue, or ij eac~~ anc~ ei~ery tl~e agreemPnts, sfipu~atior~s, conc~itions anc~ covenanls of saicj
note ancl ihis mortc~a~~, or eilh~r, are not f ujly perjormed, comp~ied with and a6~ded 6y, Ihen the enlire
~i sum mentionpd in said note, and ihis mortguge, or the enlire bnlnnce unpaid thereon, s1~all /o?thwith or
tl~ereaJler, a1 th~ optior~ o/ the morlgaflee, 6ecome and be due and payable, anything in said note or l~erein
to I~e c-onlrary notu~il~~stanc~in~~. ~'ailure ~iy t~e morf~agee [o exercise any of the rig~ts or opfions herein
proi~i~~c~ sfia« no! t-onstilut~ a u~airer o( any rig{~Is or opfions uncle~ sai~ note or t~is mortgage accruecr or
I~~er~a~ter ac-cruing.
~n ~itness ~hereof~ (lie said morf~a,qor l~as he?punto signed and spaled these presenfs tl~e ~
` ~~ay an~~ y~ar ~irsf a~~or~ ~~~riflen. ~
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~I Si~nnd. senl~d c~nd ~l~~irer~~l in 11~~ prns~ncP o~: j
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.Jacol ~ . ts
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STATE OF FLORID!?, ~
COC\TY OF St. LtiCl@ ~
I NEREBY CERTIFY that on this day~ before mq ~n ` $
officer duh• authorized in the Stat~ aforesaid aad in the Counry aforrsaid to tak~ acknowltdqmenu, personally appeared i ~
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, Charles A. McCorts and Jacolyn L. McGbrts, his wi.fe, ~
to m~- known to Ix~ th~~ prnon S described in and ~+ho executed the foreqoinq instrument and they acknowledged f
befon• me that they exccuted the same. i ~
~~'IT~ESS my hand and of(icial scal in th~• Countp and Stat~• last atoresaid this 4th day of ~
~ October n. ~9 66. ±
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. . FILED AND RECORDED " ~ , ~ • - •
' : ST. LUCIE COUNTY. FLA. , .
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- ~Er,~~t0 VERIFIED . . _ _ _ ~ _ -
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. i, ~ ~~~au~~ ~7- z 5-67 :
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t . - ' !~6 OCT I I Pta 2 : `14 '
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149121 ~
%t~~:Lt'. tl~;li<i~J i
CLERK CIRCUIT COURT ;
800R 15U PACE 4 ~z
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