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an~ sl~al~ pe~form, cor+ip~y u~itti and abtde by eack ane~ every Ihe agreements, stipu~ationa, conditions and
corenants fhereo~, and o~ this mortgnAe, then thts r?io?lgage and tke estate here6y creafed. :hall crws, de-
1P?mine and be ~ull and ooid.
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the mo?tgn4or hern~y Jurthe~ rnvennnts and ag?ees to pny promptly wl?en due the principal and
inle?rsl and olher sums o~ money provi~PCI ~o~ tn snic~ nofe and this mortgnge, or eithe~: to pay n~~ and
sin~ular Ihp fa.ree, asspssmpnts, Ievie:, lia6iiifies, o6ligalions, and encum6rance~ o( every nafure on saicl pro-
pe~ly: fo pe?mit, commif or sufler no u~asfe, impairment or deferiorafion o~ aaid land or fhe Improi~ements
fl~PrPUn al any timp: !o ~PPP IhP 6uildings nou~ or hpsea/t~r on said land /ully insiuecl tn a sum oJ not les:
il~an Six Thousand and No/100------------------------------------------
in a compony or rnmpanies accepfahle .do the morlgagee, the poltcy or policies to be held 6y, and payo6le
to, said mortga~ee, and in t1~p enent any siim oj mon~y becomes payable by ~~irtue o( such inswunce the
mortgn~ee sholl I~a~~e the rig6t to receive ond npply t{~e anme to the indebtadness hereby secured, aceounttng
to t~ie morlfla~or (or any surp~us: fo pay a~~ costs. chargps, anc~ expenaes, inc~uding ~awyers (ei?s anc~ tlt~e
spnrc~ps, rPasonaf~~y incur?ec~ or ~td by ehp mortgagee Gecnuse o~ the ~ai~ure o' ftie mortgogo~ to promptly
anc~ ~ully comply u~ifh fl~e agrrem~nls, sfipulalions, condilions nnd rnt~enunts o~ snid note nnd this mortgn9e.
or eifh~r: fo perJorm, t'omply u~ifl~ an~ ohi~e hy eac~ anc~ ei~ery fhe ugreements. atipu~alions, cone~itions nnd
~ corrnanfs sef ~orfh in saic~ nofe an~ f~~is mwtgage or eiftiP?. ~n the evenf ttip mortgagor ~ai~s fo pay when
due any fax, assessmPnf, insurance premium or ot{~er s~im o~ money payable 6y i~irfue o~ sai~ note ancj this
morfga{/e, or PIII1Pf, f~~ mo?fgag~ m~y poy Ihe same, wifhout u~uiving or ujJacfing the option to ~orec~oae
or any olhpr rigl~f ?~PrPUnaer. anrl aII surl~ paymPnfs shall bear infprasf (rom ~atp fhereo~ at fhe 1~ig?~est law-
~~~1 rn1~ da~n nllou~ed by tl~e la~rs o( ~hP Statp oj Florida.
iL ariy sum oJ monPy J~er~in re~(P~rP~ fo ~P nof prompf~y pnit~ within 3~ dnys next n~ler
tl~e sam~ 6cY-omes due, or i/ eacl~ and ~rery thp agreements, slipulations. condifions and covenantt o/ said
note and Il~is morfgagp, or eit{~er. arn no~ /ully per~o?med, nmplied u?it6 and a6ided 6y, fhen the entire
sum mPniioned in sai~ nole. and this morlgage, or t1~ e enfire ba~nnce unpaic~ thereon, shn~j ~orthwitl~ or
IhereaJlPr, ut Il~c• oplion o~ i{~p mortgng~e, bncoma and 6e due nnd payable. unything in saic~ note or herein
to !~?e confrary notu~itl~sfan~ing. F~i~urp {~y the mortgagee to eXPfr'ISP any of ttip rig}~ts or options ~erein
prori~e~c~ shall not conslifule a~+~ni~•Pr o( any ri~~ts or options unc~er soir~ notp or }~!3 mortgnge accruet~ or
Ih~?~n~l~•r o~cruinq.
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~ ~n Zp(~Q~ ~~~1~ t1iN said mortqaqor I~as hernunlo siqnetr and spaled Ihese presents 11~e
~av an~ vc~r (irs! a~~o~~P u~rillPn.
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lUC
E COyNTY F~~---------
E - . _ . _ . _ ~ IIOCfR f~~ll'R~~-
' CIERK C1RCU1? COU T ~
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„ STATE OF FLORID.4, ~
~ Ct~t'tiTl' t~F St. Lucie ~
; I HEREBY CERTIFY that on this day, before me, an
~ offi«r dul~- authorir~d in th~ Stat~ a[uresaid and in th~ Caunty aforesaid to tak~ ~cknowltdqm~nts, penonally appearcd
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~ Ross A. Matlack and Marjorie W. Mat2ack _
e ~ to mc• known to tK the prrso~ d~scriFxd in and who ~aecutrd the (or~QOinq instrument and they acknowkdRed
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~ brforc m~ that they ~x~cut~d th~ same. .
~ 4 ~~7T\ESS my hand and o(fieial xal in thr County and State• iast a(or~said this 1$t~l. d~Y ~
A ` IVia rch D. ~971. ~ ,
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. MY Crr~.. - - • ~ ~~rv /7, 1971
y eONDCO 7MNl,U.'..~ ~..Lp ~ry. ~~EETELMGRS~
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