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and shall perjorm, comply u~it{~ and a6ide by each and ei~ery the a~reements, stipulations, condilions and
coi~enants thereoj, und of fhis mortgaQe, then t1~ts mort~nge and IhP estate here6y created, shall CPIISp, de-
termir~e and be null and void.
~ ihe mortgaflor {~ere6y Jurther couenants and agrees to pay promptly when due !?~e principal and ~
interesf an~ ot{~er su?ns o~ money provide~I ~or in sai~ nofe a~d thts morlgage, or eilhe~; to pay n~~ a~d
singulnr Ihe tnxes, assessments. ~@VlBS, lia6ilities, o6ligations, and encum6rances of ei~ery nature on saicl pro- ~
perty: fo permit, commif or su~~er no waste, impairmenf or cleterioration oj saic~ ~and or fhe improvements
ftiereon at any fimP:
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( to pny all costs, charpes, and expenses, includi~g lawyer's Jeps and title ~
( searc~es, reasona6ly incur?ee~ or ~~d 6y ihP mortflagee hecause o( ftie Jai~ure oJ !he mortflagor to prompt~y 3
~ ane~ ~ully comply witti tf~e agreemenls, stipujafions, conclitions ancr covenanls oJ snid note a~d this mortgage.
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~ or eitl~er: fo perform, comp~y u~ifti and abicre by eac{~ and enery tJ~e agreemenfs, sfipulations, con~itio~s ant~
covenants set ~orfh in saic~ nofe anc~ fhis morfga{~e or eifher. In 1{~e erent !~e morlgagor ~ails to pay w~en
? ~ue any lax, assessmenf, inswance premium or olher sum oj mon~y pnva6le ~?y ~~irfue o~ saic~ note anc~ f~is
!i mortgage, or either, fhe mortc~agee may pay the same, without ioaii~ing or af~ecting f'~e oplion to ~orecjose
II or any olher right hereunder, and all such paymenls sl~aU bear inlc~rest ~rom crate thereo/ af the higf~esf Iau~-
I~ (ul rnte Ihen a!lou~e~l 6y fhe Iaws o/ fhe Stale ol t~tor~an.
~ when :
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~j nny sum oj money herein referrecl fo 6e nol pro:npf~y paic~
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t1~e same 6ecomes dup, or ef each and p[+PI'y t~P agreements, slipulations, condilions anc~ covenants o) said ~
notp ancl t{~is morfgage, or either, are nol /u~ly perJormed, compli~d with and a6~d~1 6y, then the enlire ~
if sum mentioned in said ?iote, anc~ t{~is mortgage. or tl~~ entirp 6alance unpaiel thereon, shall fortluoitle or
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Il~erea~tPr, a! the opfion o~ thp mortgagee. 6ecome an~ he ~ue anc~ payab~e, anyf~ing in saic~ nofe or ~erein
I' to fhp contrary notu~itl~stancling. Failure 6y fhe morl~agee to exercise anv o~ t~e rig~ts or options ~erein
proi~iclec~ stia~~ not consfifufe a u~ainer oj any iights or opfions uncler sai~ nole or fhis mortgage accruec~ or "
lhereaf ter accruing. ~
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i' THIS IS~ ~N MORTGAGB WITH A PRINCIPAL BAI~NCE OF $63, 441.6_3~_ i
PLU3 ~~R~~ INTSRSST., DiT$ AND PAYABLS I1~T A LUMP SUM ON MARCH 1. ~
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~ ~ ~n ~itness ~hereof ~ e morlc a or qS CQtiSP~ ~IIPSP ~ ~
= 1 ~ ' ~ _ f~~~ ~E 1 ~ ~ g ~ presenfs fo ~
- t~.;,,,~ ~ ~ 6e execufec~ in its name, and its corporate seal to 6e hereunto aJ~ixec~, by its
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~i..: proper o~~icers ll~ereunfo cluly autliorize~l, fl~e day and year (irst a6ove u~riltPn. ~
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; ~j ~ - ' - ~tU.=-MAR~----INC-.~----a. Florida cor~orati n
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Sig , se and delinered in fI~P presence of : ;
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~ ~f --------.~~-~2Nr.~u--~z.?._.......--~ - - ~ . ~ " (SEAL) ~ ~
; I. ? uben W. Carlton, individually :
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~ (SSAL) '
~ M'drg et H. Car ton, individually
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~ o f FLORIDA ~ x
~ ~i ~ounty of ST. r~c~ ~ ~
~ 1 HERFR)" ('F.RTII•1' ~1~~ an ~6~. day. b.(o„r o/J~. d~ly o„~Iw.~:~d ~ i6P w~J ('«,~y a?a..:.,;d ro ea1K „~f~ou~l~,lA.
~ ,^w^~,. ~.rs°^d~~ ~r.~.~.? REUBEN W. CARItl'ON and MARGARET H. CARLTON, his wife, I
~ ~ individually and as P`,resident and Secretary respectfully RU~MA~~R~~
~ YY'~ ~/WUT ~O iT~f ~O ~ ~/tP rffS~~P/l~ 0111~ Secretary rrs~wc/irel~ O, t~~1~ ~ ~
~ ~11M~Qlll~[1f 1!1 ~~I (OfPAtMIiA insirumvnl. o~ SPI'v~~l ~~nnU~Y~~yP~' PlYC1~~1Ii~ ~~P 511IIIP. IIt ~~r {~n•svn~v ~4`!~ }I/~SCII~fIQ U7~MCyY3. ~ .
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~ ~fPt'Y Ol~ ~`OII{Rt~y I~~Pf QU~~(MI~\ 171/'~ f`1'<~PJ 1/1 ~f1VlII 511111 1'O/~MMU~/~MI Wltl ~~0~ ~~f SY(Il tl'IIIPt~ Il~~reln l5 ~'IC ~/l~f ('O/~)OIp~1 54'O' ~ ~
~«~a~, a8 that they also executed said mortgage individually. ~
{j ~vrr:~f:SS mp ~,~d ~ ~.it,~:~ ~ ~ti. c~w~~. ~ ~~o~p ~~x~ a~~.~a ~r,., ~ da. February . ~
~ n. ~9 71 ~
~~~Ep ~MC REG~AOE~
= j~ 3T.lUCIE COUNTY fl • ~
; I ~t ~ i, t,~., ROCE R POITRAS -
~ !I " CLERR CtRCU1T COURT ,f
~ u~c z-t~~ } r:-C, ~'rK-GK'~ 2 L~
~ ` "~~GR~COtiD VER~f1E0 NOta~ P11b~~C~ state o~ Fl~orida- ~
~ :'.~::u~ r~Ft ~ ~ ~H'~ ~ ~ ;
~ ~R 23 4 04 At Large s
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r .~;~:~•`•'il ~~-~G,~~;" Commission $xpires: / ~ i9
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