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antl s{~a~~ perJorm, comply u~ith a?i~ nbide by eocl~ and e~ery the agreements, slipu~olions, conditions an~ ~
covenanls thereof, and oj this mort~age, tf~en !hu mort9age and tl~e estple f~ereby c?eat~, shall c~ase, de- ;
termine and 6e ~uU and void. •
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TU~ fhe mortgagor here6y ~urther eovenanla and ag~ees to pay prompfly when c~ue fl~e principal ancl
interest and other sums a/ money provided jor in said note and this mortgage, or eilhe~: to pay all and
singular Ihe lnxes, asaessments, Iei~iPS, lia6ilities, o6ligalions, und encum6rances oJ erery nalure on saic~ pro-
perty: ~to pe~mil, c~ommi! or su~(er no waste, impai?ment or dete~iorolion o/ said land or the improvemenfs
thereon at any time: to ~eep the 6uildings nou? or hereajler on said land (ully i?uured in a sum oJ not less
than tNOT REQUIIZED~
in a company or companies nccepfa6le to the mortgagee, !he policy or policies to 6e hetd 6y, and pnyable
to, sai~ morlgagee, nnd in the even! any sum oj money ~ecomes paya6le hy virlue o~ sucti insu?ance ftie
mortgagee s1~all have Ihe rig~! fo receive anc~ apply tF~e same to ff~e inde6tedness {~ereby secured, accounting
to ftie morfgagor jor any surpjus: fo pay a~~ cosls, char{~es, and pxpenses, inc~u~ing ~wyer~s ~ecs ant~ lit~e
searches, rensona6ly incturecl or pnid by 1{~e morigagee tiecouse oj Ihe ~ai~ure o~ fhe morlgagor to prompt~y
an~ ju~~y comp~y wil~ the a~reements, stipu~afions, conditio~s and cove?iants o~ saic~ note nnc~ i{~is mortgagp,
or either; to per(orm, eomply u~ith nncl a6ide 6y ench nnd every tF~e agrpements, stipu~ations, conditions and
covenanfs set fortti in saic~ note nnd fhis mortgage or eit{~er. ~n f{~e evenf t~e mortgagor ~ai~s fo pny when
c~ue any tax, assessment, insurance premium or olher sum o~ money pnya6~e hy i~irtue oJ saic~ nole nnc~ I~is
mortgage, or eil~er, the mortgagee moy pay ihe same, without waiving or ajJecting fhe option to Jorec~ose
or any other right hereunder, and all siich payments shall 6ear interesi (rom date thereo~ nt ~he highest Iaw-
/ul ente then allowecl 6y Ihe 1au~s oJ the S1ate o( Florida.
~ any sum oj money ~ierein reJerred to 6e not pro:nptly paid u~it~in 'j'~ ~1~~ day~ next a~ter
~ the same becomes due, or i( ench nnd every Ihe agreements, stipulations, conditions anc~ couennnts o( said
note ancl ttiis mortgage. or either, are not Jul~y perjormed, comp~ied with and a6~ded 6y, i{ten fhe e..i~~e ~
! sum mentionec~ in said note, and this murtga~e, or the entire ba~ance unpnid thereon, shn~~ (ort{uuitF~ or
~ therea(ter, at the option oJ the mortgagee, 6ecome and 6e di~e and pnya6le, anything in said note or herein
to t~e contrary notwil~sfan~ing. Fai~ure 6y ~I~e mortgngee to exercise any of the rig~ts or options {~erein
pro~ided sha~~ not constilute a waiver oJ ~~y rights or options unc~er snid note or lhis morlgage accruecl ar
therea(ter acc-ruing.
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, ~N~?IHrr~~~ ~
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R ` v _ ~ ' • ~n ~~Ll~~S he mortgagor as caus these
~ _ : ~ ~ ' ~~OR('ORATF_ ~ ~ ed presents fo ~
! _ ; o ~1~j y~; ? SFA?.} 6e executec~ in ils name. and its corpornte sea~ to be {~ereunto a~Jixed, by i!s !
' ~':'~j Al~ti(~ proper oJJicers thereunto ~ujy authorizec~, ehp day and ye~ Jirs! above written. ~
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: ' - MODCO~ - ~ - rpora-----~----~-- (
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`w relary
~ Signed, ed ancl c? iver in t{~ prFSence o(:
~
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~ I ~-,:t-- - _ } P«s~d~~t
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~ C.1~-4~-. ~ I~Cc~t-•-Q ~u/
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; ~~1~P Ol FIARIDA ~ ~
~IUI~ Of ST. LUCIE '
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~ 1 HF.REBY CERTIFI" d,a~ ~~h;: da.. 6P(«. ,..P. ol(~n. d~Jy au~6«~ud M i1~. Si~~ a.~d ('a.,Jy n/on~;.l io ~alK ~Ir,~~kaodfl- ~
m.,~~. ~x.~,~it, ~,Ka~d Ned Smith
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ur~~ ~nown tn me lo ~re t~v E'rvsi.Jvnl ~ f~ o( Ihr corporulion nanw~~ as
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r~ I~ot 1{~ry svi~eru~~~• ac~tnou~v~ J Farculin Itiv wmr, in I~.e rxne~ o lu~o su6xn{,en ualnPSSVa.
: mwfgagor in l~t ~we~Nnq ~nsirumenl. o ~ 9 M ~ 9 ~
~ r r r I t ~ ct
_ rfK~f 6~ I~Ult~MIY UIWPI UU~~IWI~y 11111Y ~'P~~ III ~ElYT SW(~ fd~NX01/iM ,Y1Q ~~0~ ~~P WO~ Q'~IXPU ~/1PfP~0 IS ~RP ~lllP ('W(NXQ~P SfO~ Ur i !
~ ~
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~17~~V~CC m~ harul an~ offi~-ia~ seol in ll~e ~~ounly an~l C~dr ~asl u~w~soi~ Il~~. 6t.~1 •1a~ of Deceasber ~
~ ` v•A;'I31.,,a~. ' ~ S~COROEO , ~
~ . FI~ED #
- . ^OUN1Y Fl~?.
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- :~ja'~ -7 •y. ST~ ROC~R ?D~jRI?S , y
` CLE~K G'RFIf
p CO~RT ~~"'!'Y . ! ~ ~
• -
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. . . ~
j'•. ~ l~-s : ~ aECeao ~ER 0~ ~ B~AJt~ PUBLiC STA 0 IDA T -
, . j 1 DEC ~ ~ TE OF R R A UIP.GE
i: y'; , Nr CONIbIISS;ON E)(PIRES AF'7il lo, 1913.
- . - • 2~002
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- TMIS INSTRUMENT WAS ~RFPARED BV ~r
` _M.S. McCOLW~1, ATTCR'.EY-AT-LAW BOGK~9 / PACE ~
2121 - lsth AvE;.t.E ~
- VERO BEJ~CM, FLCR1i.l1