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and Shall E~~~)orm, comply u~ilh and abide by each nnd e+~ery the agrpements. stipulations, condilions and i
coi~ennnts IhPreaf, and o( Ihis morlgage, t1~en lhis mortgage anc~ the sstate {~ereby t~eotecr, sl~a~~ cease, de- ~
Iprmine anc~ tie nu~~ n~~ ~~oic~.
Ii~ ttip mortgagor {~en~hy ~urlher covenanfs and agrees to puy prompl~y u~hen due the principa~ nr~
intprrst and otl~er sums o~ moneq prot~it~c~ ~or in said note and this mortgage, or eitl~er: to pay all nnd
sin~ular t1~e faxps, assessments, le~~ies. Iiabilities, o6ligalions, nnd encumbronc~e?'s o( ei~ery natuse on snid pro-
perfy: to permil, commif or suj~er no u.asfe, im~airmpnl or c~eteriorotio~ o~ snic~ (nnc~ or fhe ir?iprovements
thpreon nf any lime: to ~PP~ IhP tiui~ings nou~ or I~prnnfter on caid IancJ fully insured in a sunt o~ not ~ess
I~an
in a ~ompany or rnmpnnies a~~~P~a61p to the mo~fgngee. 1{~e po~icyr vr policies to be held 6y. ~d Poynbk
fo, saitl morlgagee, an~ in Ihe enent any sum o~ money becomes ~ya6l~ by i~irtue o~ such insurance !~e
mortgngP~ stia~~ tia~~p ftie rig{~1 to receine and apply the snme to tl~e indebtedness 1?ereby secured, aceounting
!o tlie mortgac~or )or any surplus; to poy nll costs, C~QIpPS, nnd expenses, including ~awyer's ~ees nnt~ titk I
sParrtiPS. rpnsonah~y incurr~ or paid hy t{~e mortgagee because o( Ihe fni~ure oj tke mortgagor to prompt~y 1
anc~ ~ully complv u•~ih ~hp n~rPemenfs, sfipulafions. t~onclitions nnt/ coi~enanfs oJ snid ~ote nnd t?~is moNgag~.
or pif{~~r; fo perJorm, romply u~it1~ an~ a~ide 6y eacl~ and e~~ery ftie agreements, sfipu~ations, condifions and
co~~enanfs set (orf{~ in said note and f{ais morlgnge or either. ln t~e event the mortgagor Jni~.s to pny w~en
~ c~ue any fax. assessmeni, insurance premium or ottier sum o~ money papa6le 6y virfue of saitr note and ~h~
mortgage, or eifhPr, f~~ morfgagPe mny pay Ihe smm~. u+ithout u~niring or n~~ecting the option to Joreclose
or any ol{~er rig{~t I~Pr~under, ancr alI sucf~ payments shall bear infprest (rorr~ date lhereo( nf flea ~ighes! ~au?-
(ul rnlr fh~~n allou~erl 6v t{~P lnu~s o( the $tcte oj Flo~da.
ll any sum o~ mo?~Py {~ptei~~ rP(e~rred to 6p not promptly paid u~ilhin thirty t~oys next a~te?
ihe same brrom~s due, or i( ench and PI~PI'~` I~P QQ~PPIIIPIlIS. SIIPU~~lOR3. COIId1Il0liS and covenant~ o( said
IIO~P A~IA ~~IC morlgaqP, or Pif{~Pr. orP 11p~ rU~~y PP/J017t1~, c'~mplied 4~1~/1 and abitIed by. tl~en ~~e lR~l1'6
sum mpntione~ in saic~ nole, and this morlgage, or the pntire bn~once unpaid Itierron, s~a~~ forthwit~ or
tl~erPa{lPr, nt fIu• option o/ 1~e mortgagee. 6PCOme nnd ~u due and pnya6le, nnytl~ing in said note or 1te?ein
~ to 1{~c~ ~onfrary notu~iflistnnainq. l'ai~ure by ~hP morfgagee fo exerrise any o` t{~e rights or opHons ~tenein
~ pro~~i~~Y~ shall not constiluip ~ u~~irPr o~ ony ri~tits or options undar sai~ notp or f{~is morfgage accrued or
~ f~~r~a~l~r a~c•ruing.
~ ~n ~~~~5 ~~~1~ I?~e said mortgagor has hprwunto signed and sewlpd ff~ese presenls 11~e
~ c~a~ nna vrnr lirsf n~~ore u+riifpn.
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: ST4TE UF FL~)RiI~.4, ~
C(~t"~Tti' c~F St. Lucie
~ I HEREBY CERTIFY that on this da}•, be(ore me, an
~ offirer dul} authori~ed in th~ Ctatr- afor~said and in th~ Counq• aforesaid to tak~ acknowled¢m~nts, pcnonaUy appeared
~ William M. 6. Montine Franklin
to m~~ knc>acn to tx~ th~• ~~rsony deuribed in and who tzcrutrd th~ for~¢oin¢ instrument and they acknowkdged
~ before rne that they ~x~~ut~d th~ sam~.
I ~~~I7~~ESS my hand and offi~ial scal in thr County and Statc last afor~said tt.is 26th day o~
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- November .4. D. t971
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CLER[ CtAWR ClIIAT ~ . `
1tEWaD rfr~~~tEl~~.i AbtAlli tUPU6. iTAiE 8f FLOWO~ AT LUiE
r11 60Yr1ii10/ EX'riiEi OCi. 21~ 1~72
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