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and shal! perjorm, comply with nnd ah~dp by eaci~ and ei~ery the apreements, stipulations, conditioru nnd ~
couenants f~?ereof, an~ o~ Ihis morfgage, f~~en fhis morfgnge ant~ 1~~p estafe I~erehy c~eafea, sha~~ cease, de•
termine and be null and void. ' '
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~ ~ the mort a or here6 urther co~~enants and u rees to rom tl when due tRe rinci l and
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infprest anc~ of~e~ sums of money provic~ec~ (or in saic~ note nncj ttiis mortgage, or eithe~; fo pay a~~ nnd :
si?i4~ular Ihe ta.res. assessments, lei~ies, lia6ilities, o6lignteons. and encum6rances oJ eaery nafurP on snid pro-
~ perly: to permit, commit or su((8? no u~asle, im apmenf or c~et iornlio}n.~,o~ saie~ ~an~ or f~e improuements
I~ thereon at any lime: to ~eep fhe ~ui~crings~~~~eo?2er~~a~~A'~i'~~ insurec~ in a sum o~ not ~ess
~f +ha~ the unpaid principal amount of the above promissory note.
Ii iri a company or companies acrepta6~e to fhp I?IO~I{JQaBP, fhe po~icy or po~icies to 6e held by, ancl puyable
i to, saitl mortgagee, nnd in !~e evenf any sum of moriey ~omes ~ya61~ 6y virtue oj sucti insurance thp
mortgagee shall have the right to receive and apply the same to fhe incre~te~Iness here6y s~ ured, accounting
to the mo?tgagor jor anq surplus; to pay nj~ cosfs, chorges, ancr expenses, incluc~ing ~awyer a~ees ancl tit~e
seamhes, reasm~a6ly incurrec~ or ~~d 6y ~hp morlgngee ~PfllitSQ o~ t{ia,..~ai~t~re o, the mortgngor to prompt~y
~i ane~ ~u~~y comply wit~ the agrepments, stipu~ntions, conc~itions ane~ co~~~nar~ls o~ sai~ note arid this mortgage.
or eilher; fo perjorm, comply witl~ and a6ide 6y eacti anc~ every !tie agreements, sfipu~atiuns, con~itions and
~I~ covenanis sef ~orth in snid note anc~ thi~ mortga~e or pif~er. ~n ~hp ~~~p?<< fhe mortgngor ~ai~s to pay when
i`'. c~ue any tax, assessmenl, insurance premium or oti~er sum o~ money pa~n6le hy virtue of saic~ note nntl ttiis
morfgagP, or eif~er, i~e mortgagee muy pay fhe same. toif~~out waivin~ or nJ~c~-ting ltie option to ~orec~ose
or any ot{~er right.i~ereunder, nnd all sucl~ paymenfs s{~all 6ear inlerest jrom c1alp tl~ereo( nt tF?e ~ighest ~au~-
I' Jul rate Ihen allowcKl by Ihe la~us o) thP Stafe o) Florit~a.
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~ any sum o~ money herein rpJenp~ fo be nof pro:npt~y paic~ u~it~~in 30 da~?a next after
~ fl~e same be~-omes due, or i~ each and ei~ery fhe agreements, stipu~aiioru, conditions and couennnts o) said
note anc~ t{~is mortgage, or either, are not )ully performed, complied u~itF~ and a6~ded by. Ihen fhe e~tire
~i sum mentionc~l in said note, and t{~is morl~ia,y~, or thP enfire 6alance unpaid tl~erpon, shall ~ortFuuil{~ or ~
thPreaJter, af fhe option o~ t~~e mortgac~eP, h~rome an~ ~e clue ancl payahlp, a?~ything in said note or {~erein
to the confrary notwifhstanc~inp. f~ni~urp ~y the mortgagPe fo e.rercise any o~ the rig~fs or optiont herein
f` proi~ided sha~I not consfitute a u~ai~>er o/ any ?i~f~Is or options under said note or this morigage accrued or
thereaJter accruing.
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`a:` !1970 t~ {~p~f ~
~ ~:-:e~~: EiORPOR. E ~~N~ ~'~``v` t~~e morfgogo~ has cawe~l thesp presents to I
~ ~F.AI.1 6~x~~epd in ts nam~, and its corporalp seal to be hereunfo a~fixed, by i!s ~ ~
~ ',~ii`, '~';,~•~'~.~y p pr of~icprs erP~into ~ii1y aufhorizec~, thP dny ancl year ~int above u~ritten. ~ t
~ " ~ CONSOLIDATED INDIAN RIVER
~
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~ ~ ~ ~ ~ ~ . T- ~G PACKERS r . INC . '
~ < - - -
~ ohn E. Merk ! ~
~ !I $ignet~, ~ n c~e~iveret~ i e p encp o(: .
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t _ fi~ . . - - - :
~ ~ - . - _ John V. D'Albora, Jr.
_
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LIICIE CONMTY `l~
~ i• ROCER PpIfRAf ~~t~'
I~ CtERK C~RCWT COpRT ~_Q
~ f~ RECOAO YERif1E0 ~ '
~ . .
~ ~I ~oY 1~ I! rt ~M'TI
` ~tAtC Of FLORIDA
~ f; r,. ` 219319
w~~ ST. LUCI$
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1 HF.RFR1' ('F.KTIFl' ~Mt ~n t6a~ dav. bvfo~r m~. ~n ~~(N~rr dulv out6onvd in ~i~ t~o~~ and ('ounlr a/orrsaJd ro tolr orbwrdedq-
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~3 ~ i rrvnts. ptrwna~~r a{.{warr.~
j~ JOHN V. D'ALBORA, JR. and JOHN E. MERK ~
_ ' ~ar k,~~r ~ ~ ~?,p ?~~~.t..~~ ~.,a Secretary ...,,~~~,ntY ~~.a~,~ ,,.~d ;
_ !i mo~rlgopw in Itit ~ungoing inalnurrnf. a+u~ Iha! ttity xrrru~~v a~~nou~r.~{~r.~ e~~.ulinq t~ ~nmr. in 1~v pnxnn o~ lu~o wdfcribinp ailrvuts. ~
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I~ ~,~~~irl~.~~~~~ Polunla?ily un.~rr oul~onty ~u~y ~ws1~ in thrm hv .ad i~w~wruliun ond ltiof ttie fea~ a~(icrd I~~tfo if I~w tnr rnrpwdr ra~ o~ i
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-•7 ~ GQJ .?A) ~.,a ~ ~~u;d ,.d ~ ~t~ ~a,»~, a,a t~ a!«,?,o;d ~h;. a day o/ November •
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_"~:''=•=~p;~:?~ Notary Public, State of Flori~a ~
~T. ~ _ at Large ~ '
: ' ~••~~~<<.~1~:: M Commission Ex ires ~
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Thi~ instrume~t ~~~as prepared by
Ricf~ard V. Wei11,124-A No. Znd St .
- f ort Pierce~ f la. / Z~ :
~ B~CK fAf,~
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