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nn~ stia~~ per~orm, com~~y witk ond a6~d~ by bcl~ and every ttis agrsems~ts, ~tipu~ationt, conclltioru and i
conenanls tkereo~, nnd oJ this mor~aap~, Il~en tl?b inortguQs and tl~s estats he~ebr croatvd, s1~aU c~nase, d~-
fernnine ancl be nn« and i~oid. i
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~ ths mortgn9or hen,by ~urlher rnt?ena~?b and oprees to poy promptly wIN~ dw tl~~ p?incipal and
inferesl and oth~ aums oj mo~e7l prorid~ ~or in sale~ nob ar~ th4 n?oM~ag~, or elthK; fo pay a~l and
tingulnr t~s taxes, assessments, jevie~. ~ia~iliii~?s, ob~igationa, ond uncumbr+ances o( ~veryr nofuro on sala~ pro-
ptNy; to pe?mif. c~om?nif or su~fe?~ no wn:te, impairment or c~eferiwutio~ oj :atd lo.~d or Ih~ iniprowmsnb
tl~preon a1 any Iime; fo lreep th~ buildin~s nou? or he~ea(te~r on ~atd l~Rd /ully tnstued in a sum o~ not lesa
tl~an $47 ~Q00 ~QQ
in a c~omparey or c~omFwnies a~pfab~e fo f~p mortgagee, ttie po~ic~r or po~tcies lo be h.ld 6~d ~ya6b
to, anid nwrlAagee, ond in t{~n event any surn oJ money 6eeomes ~~.61~ 6y virlue b/ such~nsurance th~
mortgageo sf~nll l~a~~e 1he right to ?eceii~e and npply Ihe sams to tl~~ i~ule6ted?te~s here6y secured, acrountinp
lo Itie ~norfgogor ~or any surplus; fo pay n~~ costa, c~a~ges, and expenaea, inc~uc~i~g ~awy~ s Jees ancl t[!~
searches. ?ewona6ly irtcurre~ or paid 6y tl~e morlgngee bec,nuss o~ ths fai~ure o~ the nwrtgagor to prompf~y
a~d fully comp~y u~it~ t1~e ag?eemenfs, siipu~ntions, oondifions and eot~enonts o( said note ond thta mortgag~.
or eit~er; fo per(orm, comply with und a6ide 6y eacJ? nnd eaery ftie agreemenls, stipa~attons, c~ondltioru snd
roe~pnnnls set ~o?f~ in said note anc~ (~is rno?tgnge or eifher. jrt ths event ~ho ~norfgagor jaiji to pay whsn
due any tax, assessment, insurance premiwn w other swn o/ .~o.~•r rxi~bi~ br „r,tw o/ snid nole and thi.t
rnortgage, or eithe~, t~e mortgagee rr~ay pay the same, wifhout waiuing or o~~ecting tl~e optiat b jor~c~os~
or any otl~er reght herpunder, and aU su~6 ~y~.pn~: si~al! b~ rne~s~ from date tbereoJ at tl~e 6iel~eat law- ~
lu~ rale 1{~en nllou~ed 6y tl~e ~ows o~ tl~e $tafe oj F~oric~a.
~l any aun~ of raonr~y tierein re/~ to ~ie not pro~npt~y pnic~ u~ithin ~11Zty ~uya next n(fer
tl~e same ~ecornes due, or i~ eac% and every 1{~e agreements, stipu~ofions, c~onditions and covenanta o~ sut~
note and t{~is morlgagp, or pither, ore not /ully per/on?ied, complied witk nnd a6~d~d 6y, th~n tlts entire
twn menfioned in saicl note, nnc~ ftiu morfgage, or fke entin bn~ance unpaid l~ereon, s~ jorthwit~ or
fheera~ter, nf the option of Ike mortgngee, [~ec,~on~e a.d be d~ a.?d ~~?bl~. ~ytk~n9 tn .a~d .wt. o. l?..~t~
to fhe contmry notwifhstnnding. Fai~ure 6y f~e moNgagee to exercise uny o( the ~ig~ta or options h~r+eiw
proric~e~ shnll not constilute u waiver o~ ony rights or options un<[er suic~ note or this mortgoge aa~ued o?
t~ereaf fer accruing.
jn ~u`~ ~W,~i"Q~~ f~e said moNgago~ hns f~areunto signed and seaGed thes~ presenls fht
cjay a?u~ year f
i?st aboi~e u~rillen.
$lgnect. G ' the presence o/:
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sTA'I'E OF FLORIDA, ~
ooU:v~rv oF ST . LUCIE
I HEREBY CERTTFY thac oe chu dar, before me, u,
olficrr duly authoriud in the Sutt aforcsaid and in the County aforesaid to taEe acknowkdgmentt, penonaUy appearrd
~4ILLIAM E. TESCHNER and JAMES D. REVELLE
b me knowe to be the p~noe8 deuribed in and who executed the tor~going instrument ~oa ~ey acknowkd~cd
before me that ~gYexccuted the saau.
WI"1'A'ESS my hand and otficial ttal in the County snd St~te last aforesaid t6u 13~1 da~ o(
D@C@11lb~Er A. D. I9
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fIlEO aH~ RECORDEO ' ' ~
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sz iuc=~ c~u+~~r F~~.
ROCE~ ?uiTRAS ' = ~ ~ • ~ ~ ~ ~ a =
•-~U.~..0~1.. -
CLERK ~'?GUIT COURt #AlRY pUBUC 8TATE OF F'LO~?~j~T =
RECOAD V,.F;fIfO p1Y CUMM1S~+nN FXPlR s N~Y A~ :
6ENERAL INSURADrCE UNDE ~ ~l74 . :
O~c I 3 2 4i PM'71 ~ ~.~.•!"G:.
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2wo~22 -~-.~...t~.~~.»,,~~
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•rhu r,wru,ncn, p~rpared by:
Addrrxs ` ~ ~ ' ~ ~:U
G. tt. a~ ~'°a. p''~^ ~'n.~ : 0 R e~
F d°. ~e. 600K 197 PACE (r7~
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