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nnd shull p~jor~n, comply wtlh ond a6td~ 6y ~k and eue?y the ng-e~ments, stipulatio?u, condtlions and
couenants thereoj, and oj lhis rnortgnge, then this mortgoge nnd the estnte he~by cTented, ahal! cease, de-
te?mine and 6o null and void. ~
~ the mo?tgagor Re?e6y jurt6er oouenanb ond ogrets to poy prnn~Ptly wl~en due tl~e principal and
tnlerest and other auma o~ money~rovided ~or in auid not~ and t1~it mortgoge. or either; to pay cU and
singu~ar ihe tnxes, assesamenls. ~euies. ~tabi~tfies, ob~igations, anc~ encwn6?ancea o~ every nalur+e on snid pro-
pe~ty; to penr~if. commit or su(jer no u~mie. impairmen! or cjetertoration o~ saId ~and or !he improvemertl+
lhereon ut any time; fo ~eep fhe bui~ings now or tie?eajle? on satd land Ju~~y iniurecr in a aum oj nof ~ess
~tian Fifty Thousand and no/100 ($50, 000. 00 ) Dollars
in a~o,~,~y or rom~nie, ~Pta6t~ ~o e~e mo.t9age.. ~h. r,olt~ o. Polt~i~ to 6e hetd by. ~d ~yabl~
to, said mortgagee. and in the euen! any sum o~ n~oney bec~omes ~ya6l~ 6r ~irlue of auc~ inaurance the
mortgagee aka~~ hava !he ?ight fo receiue ~d ~Ply rhe ~e eo ehe t.~de6eRd.~~, he.g6y s~w~d. acY.~our~ting
to fhe mortgngor (or ony aurp~ua: !o pay a~~ owfs, charges, anc~ expenses, including ~awyer s lees and tltle
searcties. .~ona6ly incun~ed or paid 6y ~he ntorlgagee beoause of fhe jni~ure ol !{~e mortgagor to pron~pf~y
and fu~~y comp~y urtt~ 1{~e agreements, slipu~afions, conditiona and couenants o( aa~ nole and this morlguge,
or eilher; to perjorm, corn~ly w~th and ab~de 6y ~~h and euery tlie agreemenb, altpulations, oondiliona and
vouenants sat fwt?~ in said note and this moMgage or either. /n tl~e event fhe enortgagor ~oila !o puy when
due any tax, assessment, tnsuranc~e premium or of~ier sum oj mo.~Qy ~~61~ 6y uirtue of said note nnd t~ia
mortguge, or eitke~, ftie mortgngee may pay f~e same, u~il~out wntuing or uf
Jecling ttie oplton to ~orec~ose
or any oil~er rtght hereuncler, and al! such payenents sl~al! be~r interest jrom dnte tl~er+eoJ at the I~ig~eit Iam-
juI r+nte tl~en olb~,ed 6y ~ke Iaws oj lf~e Slate o~ Florida.
~l nny swn oJ money herein referrect io be not pro:npt~y paid u~itkin daqs nezt n~ter
the sante bec~omes due, or ij eacli ancl euery Il~e agreemenls, slipu~aliona, condilions and covertanb of said
noie w~ tl~is mortgage. or eilher, ar+e not f
u~ly per(ormec~, eomp~ied wil1~ and a6td~d by, tl~en tl~e rntire
sum mentioned in said note, and tl~is morfgage, or fl~e enlire balance unpaid t1~e~+eon, shaU jortluuith or
f~ereafter, at fhe option of !he morlgagee. 6ecome ond be due nnd pnyn6le, anyt~ing irt saic~ note or kerein
fo the eonlmry notu~itksfanding. f'ni~ure 6y f~e morlgagee !o exercise any o~ Itie rig~ts or options herein
provided shu~~ no! c~onsfitute n wuiuer oj any rights or oplions unde~ said nole or t~is mortgage ac~e~uecj or
th~~e~ Q~Rg.
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' " cl~c~o?iRATE in ~~~'"r~"'L the mortgagor I~as t~aused Il~ese presents fo
a r.w • ~~.1~.~
' -~EAL) 6e ex¢culed in its nnme. aru~ ifs rnrporate sea~ lo ~ie ~ereunfo a(~ixed. by ~es
; ~
1! ,.10~ ro o icers il~ereunto ~uI authoriz~l, t1~e
Q jt P P~ ll' y day ~d y~ fint a6ove wriften.
, ~,,...ti~•-' : ;
~ :
_ , • PUTNAM ENTERPRISES, INC.
F
= ATTESi':-- ---~-s----- . . G ~
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~ Signed, sealed an delivere~ in F~e p~esenrp oJ:
--~l~----------------
~ -
-
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~ . fllE~ Ahb RECQlt0E0
~ ~ ST. luCiE COUNTr FLA.
~ - • -•---~-----•--•~Z~?~'e'--~---- ROCER ?0{TRAS
~ CIERK ClRCUIt COURT1~ E~ ~ _
RECORD YEHIFIEO~~L`
~ arR i 5 io 49 aN ~T i
~
~
~ ~ Florida 2~?~rr86
~ ~OU~ Of St. Lucie
- 1 NF.RF.BY CF.RTIIY dwe on dw, dor. b.(w. w~.. m o(/in.. dd~ «.ehorired 'u. tl~r S~otr and Conwl~ o/«.,oid w ~.Lr orbwk~y
~ ~D. B. Putnam and Phyllis G. McMurray
~ - ~ '
~ ~,~.aM.1wNy? ~ P^~:~ ~ Assistant Secretary K~~ d~ ~v«~~ ~ ~
_liw~~~'/yj~* ~~ieooin9 ir?rfn~n~rnl. ond lJ~al IIKT rwrollj orLrw~ae~ ~,.rm:.y~ JK :~e. +n tl~. P.~r,..be d a~ w6.ot6:~ ~;~~..,n.
~s ,-^v ..•r.e~ ~.nt~.qdf'~y~,~i~ .w4. awLo.~er d„!r o.~.~d :n ~Iw~. 6r sdd ~.~p.. o.~d J~~ d~. apJ a«.~.d ~M,~b e!r n.r ~o.po.ak ud aI
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~ W~''~1?~.5~5 s.7~ l,d.d d.d oJ(iaot ,~a! ~ e1~. e'a.ry and slde Ia.~ o/a..,~.:d J~i. 15th d'r April
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