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and slia~I pPrJorm, comply u~il1~ and ah~de by each and erery the aflreemPnfs, stipulations, condiiions and ~
couenants f~ie~eoj, unc~ of lhis mo~tgage, I~~en this mosfgape anc~ fli~ estafe ~~erehy crealec~, shall cease, c~e- j
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termine an~ ~e an~ voic~.
~d the mortgagor here6y f urtlier co~~enants and agrees to pay prompfly wl~en due !he principal and
inferesf an~ ofher sums o~ mo?iey provic~ecl for in snid note and Ihis mortflage, or eif~~er; to pay a~~ and ;
sin~ular Ihe tares, assessments, lei~ies, liaGilities, o6ligations, and encum6rnnces oj every nature on said pro- ~
perty; to permit, commit or su~~er no wasfe, impairment or c~eferioration oj sait~ ~ant~ or the improvemenfs ~
Ihereon af any time; lo ke~p the 6uildinfls noiu or hereaJter on said land f ully insurecl in a sum of not less ;
fhan- MM~M-+.. I~fr?.~~t VAI~s.. ~
in a company or compani~s ACCPpIQ~IP fo f{~e morfflagee, the po~icy or po~ici~s to ~~e ~ie~c~ hy, and payable ;
to, saic~ morfpaflee, and in the e~ent ariy sum oJ money tiecom~>s Payahl~ ~~y virfue o( suc~i insurance ffie '
morlgagee sha~~ {~ni~e fhe rig{~t to receii~e and apply the same to the inde6tedness here6y sec:aecj, accounling =
lo the morfflago~ lor any surp~us; lo pay a~~ cosls, charges. an~{ expenses, inclu~ing Iau~ye~'s jees ant~ lille ~
~ searcties, reasonab~y in^urre~ or pai~ ~~y 1~~e mort~ahee f~ecnuse of the Jni~ure o~ the mortflagor fo prompl~y ~
~i nnc~ ju~~y comp~y wif~ Ihe agreemenls, slipulaiions, conclifions ancl coi~enanfs oJ saic~ note and t~is morfgage.
~ or eit{~er, to perJorm, comp~y u~iiti an~ a~~ide by ~ach an~l ~~~ery the agrnentenfs, slipu~alions, cone~ifions ancl
~i couenants set forl~ in sait~ note anc~ Ihis morlgnge or eitf~er. ~n f~e ev~nt tF~e mortga{~or ~ai~s to pay w~en
~ue any Iaz, assessment, insurance prnmium or oll~er sum oj money pnya6le 6y oirtue of said nole and this
morlcjaye, or either, 1{ee mortgn~ee may pny fhe same, withouf u~aiuing or aJ~ectinfl fhe opfion fo ~orec~ose
' or any otl~er right hereun~ler, and al~ suc1~ payments shall 6ear interest from date thereoJ at ~he 1,~9hpst lau~-
~ Ju~ rafe Ihen a~~oivecj hy f~~e ~aws oJ f~~e Sfafe oJ f'~ori~a. ~
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i any sum o~ money {~erein rejerrPCl to ~e not pro:nptlq paicf wilf~in 30 c~ays next ajfer ~
Ihe same 6ecomes ~ue, or iJ ~acti anc~ ~i•~ry 1~~e agreemenfs, sfipu~ations, co?TC~ilions ant~ covenanfs oJ sait~
~ noie an~ this mort~a~e. or either, ar~ not (u~ly per(ormed, complied iuitl~ and a6i~ed 6y, il~en the entire ~
~ sum menlioned in said notp, and Ihis mortc~age, o? t1?~ entire 6a~ance unpai~I Ihereon, sha~~ (orthwilh or ~
~ thereaJter, at t{ie option o~ t{~e mort~a~~e. hecome and he ~IIP Ql1~ PA)A6IP, anything in saic~ nole or herein ~
I lo i{~p conUary notwithstandina. Failure ~?y 1~~e morlga~ee !o exercise any oj t{~e rig{~ts or options herein :
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i proi~iclec~ shn~~ nof conslitufe a u~aii~er o~ any rit~Iifs or oplions uncjer saic~ note or t{~is mortgage accruec~ or ~
Iherenjter occruinfl. ~
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:'~l ~~jS~f~1 6e ~xecuted in i!s name, and its corporate seal to he hereunto af)ixecl. 6y its ~
I '~~i~~~~~~j::~~~,~;~~`~~ proper o~Jicers Ihernunto duly aidl~orize~~. Ilie clay nnc~ year first above u~riften. I ~
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i ATTEST:._ CLIMATIC CORPORATION OF FORT PIERCE,
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Mar L Phi li s ~ ~
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Signe~l. sealed an~l ~iuered ir ~e presenc~ o: }
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- ~'10 _ Prev~nt '
i - ~E~ . ~ECORDE :
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ST. LUCIE COUNTY. FLA.` `
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- - - - - REC~RD V~ IFiEO
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'TO (~1Y I pM 2; y ~ ? :
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Ij ~~tQ O~ FLORIDA ~iQi,=c~? PUETR:.~' :
~Q~~ Q~ ST. Ti,UCIE CLERK ClRCUIT COURT: ;
1 HF.RF.BI' ('FRl'IFY dmt ~x~ 11~is ~~np. ~wfone m~•. nn o(~icer <<u~y au~l~wi:.~i~ in 11~~ tilair an~l C~o~mly o(wesaiJ to fn~ a~lrnoe•~ed9- i
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Ij nwnfs. (~rsonu~~y o~qre•urv~~ ~
~ THOMAS PHILLIPS and MARY LOU PHILLIPS
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s ~ ~rr~~ ~nu~rn (o mr In ~r~~ t~~r ~~rrsii~rnl am~ ~ryw•~li~r~y 1~~• fM~/0/lllllN~ namr~~ ai ?
~ Secretary
~ 1~• n~wf~~a~ru in I~tv ~~Kr~pNng in.h~unrnL un~~ t~~al I~~~y srr~•ra~~p ai~nuu~ri~yr~l Pr~~ruting tj~~~ wmr. in I~~v pn~sPncr o~ fuo su~~a'ri~~ing utiln~~.s~•~. ~
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' (rr~•~~• un~l ~rolunlnn~y wnl~•r uulliwiN~ ~Iu~~ ~•~•fr~~ in Il~vm wi~~ ~~~r?wruliun cvN~ Ilial !tir sra~ a~(itrd I~a•n~fo is ll~r fn~a:curporutv sra~ o~ i
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~<~R~~:~~ ~n~~ ~~an~~ ~~n~~ n('ii~~a~ w~~ in II~~• ~~nunly an~~ tlalr ~~sf o~orvsaid Ihic 29th da~ o~ April . t
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