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an~1 sh~ll p~~/o?m, ~~um~ly u~ilh ond a6ide by racl~ ~nd e~~r.y I~r agi~rem~~~ts. :tipu[ationa, conditions und
. ror~rn..nts fl?ereo(, und u) Ihis mort~;agr. ~I~pn 1{~is mo?tqaQr ond tl~~ eita~e l~enby c~eate~. s1~ull ceate, d~• `
fr?mins an~I I~ null an~~ ~wi~.
~i~ ItiP moNpac~or hen•hy (urfhp~ cui~enanls and agrncn to pay pwmplly u~hrn due tl~v princtpnl and
infPrrsl and of{~.~r stims uf munry pro~~i~r~ ~or iR sai~ nofe ancr t~?r mortgage, or eiftier: to pay n~~ and
sinqular ~hp tn.rps, assessm~•nts, Ipi~ies, liabilities. o6ligalio?u, and enc•um6rance~ of pVP~r ~IQIUI! 011 SQId P/O~
pe?ly: Iu permif, commil or su(~pr no u~asfe, impairment or creterioration o~ saie~ ~and o? ftie in~provemenls
tti~?pon at uny time; to hrpp the buildin~s nou? or he~ajtrr on saicl land fully insc:red in a aum o~ not le:s
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in a com~ny o? companips ucrpptable to tl~e mo?Igagee, Ihe policy or policies to be I~eld by, and payu6le ;
fo, sai~ morfqa~ee. an~ in Itie rvent any sum oJ money hecomes ~~,bl~ 6y i~irfue of such insurance ttie ~
morrqa~ee~ S~qll I1AI~P ~he rigl~t to receive and applp t1~e same to tl~e ~ndebtedness here6y securecl. acoounting :
!o Itie ~nartga~o~ (or any swp~us: fo par a~~ costs, rharges, nncj ex~nsps, includinp ~au~yer s~ees and fil~e ~
sparc~ivs. ~conah~y in~•urre~l or pai~I by the morfgagee ~ecau.~s o~ f~e ~ai~w~e o( ftie mo?Igngor fo prompi~Y
nn~ f~i~~p comply u+ith Ihe aqreements, slipu~nlions, condifions ane~ covenants o~ soirl note araI ll~is morfgage,
or eiftirr; fo per~orm, comply u~itlt ancl a6ide hy eac~ anc~ evpry the agreements, sfipulattons, eondiliona an~ ~
coi•en~nts spf ~ortti in soic~ note a?ic~ ltiis morfpage or either. ~n ttie eoen! fhe mortgagcr Jai~s to poy tv~ten
~ due anr ta.r, assesamenf. i?isurance p~emium or ofl~e~ sum o~ monPy poya6le by t~irfue o~ saic~ nofe an~ l~ie ~
morfgage. or ~i11~pr, ftie morfgage~e rnay pay t~e samp, ee~ifhouf it~ui~~ing or a~~ecting the oplton lo ~orec~nse '
or any olleer right hvrvurder. and aIl sucl~ payments shall 6par inferest /rom date thereo( at t{~e highest lau+-.
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(u~ ralp iti~n a~~ou~e~ ~y ttie ~a~os of f~p Stafe o~ P~orida. :
any sum o~ money h~?ein re~rrre~ to hp not prompf~y paic~ wil~?in ~ays next a~ter ~
Ihp same ~~e~~omes due, a~ i( eacl~ Q?Il~ pl~P~y I~P n(~IpPRI@II~S. SIIpUlations, con~litions ond corennnts o( said :
note and Ihis mortpagp. or eill~er, are ~~ol (ully per~ormerl, camplied u?i16 and a6i~led 6y, i/~en the PRII~P '
!!~/?i menfion~ IR lat~ ~IO~P, O/I~ ~IItS RlOr~9Q~P~ Ol ~~P PII~IM ~~aRI~P unpaid ~fiPMOII. SIIA~~ JOI't~Wl~~ l~~ ~
- ~~PIPQJ~Pr, O~ ~~t~ UPt1011 Of ~~e rnortqoge•e, 6P('~O/11P Wf~ ~P QI~P anc~ paya6le, Afly~I11Rg in soitl note or J~erein :
~O ~~e conira?y notu~ill~standing. Fai~Glp ~y ~IIP morfgaflee ~O PXPf+[lSP Otlr OS ~~p rlg~~S Or O~/t~0?1! I~erein ~
pro~•icl~ S~Q~~ t10~ fO/15~1~11~p q U'UIt'P~ O~ q?IV ~lQI1~S O~ OP~IOlIS tl?II~Pr Sa[~ IIU~P Or /~IS IROTtQAQP QfC~lt~ Of
Itit•rnajl~r accn~in8.
~Ia ~itness ~hereof~ Itie said marlgng~r tins ~~~raunto siyne~ an~ seo~~ t~PSP prvsPn~s ftiP
~~a~ ara~ y~~r (irsf a~?ore « ~riH~n.
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~ Signecl. s~alPd anrl de~irvrPd ire th~ prrsencp o~:
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, • eaneCh J. t n
' ~ : ~Y)ti. ` . c~1-1t.~ 1~,, ~
. .:l.~.G~ _Q/~'C' .~L! e ~L~G 1. i . _
; ~rmea M. ornton
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STATE OF FLc1RiDA, ~
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~ c~x'ti~t~v c~} Indian River
~ I{IER£31' (:ER-TIFI' that on this da}, betor~ me, an
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j ~ of(ic~r dulv authori~rd in th~ Statr atc.re~said and in tht Counh~ af~r~•s~id t~~ tair aiknuwkclemrnts, pcnonall~• spprarni
' Kenneth J. 'fiornton and Carmen M. Thornton, his vife
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~y to m~~ knuwn to 1x thr p~ rv~n s d~x-ri~x~d in and who e~crut~d thc (or~¢oin¢ instrum~nt and they acknuwkdK~d
Ix(orr me that theq cx~~ utrd th~ samt. '
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~ 1\'ll~\ESS mc hand and o(ficial scal in thr Cunnly and Statt• laxt a(orrsaid this 16 d~Y ±
f ij .IuAe :1. i). 19 71•
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~ ~c F4L=QA~CtIUNTYfL~ V ~ ` } • . i
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I -~~~Z COUR .
i ' CLE~ Y~ f.?~?EO ~ , _ Natary Pub'~c, S!a-e Q~ ft at
' ~ R:r,C~? M~ comm~ssiu: exp+ces~~4, ~1~7Z.
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