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und sF~o~l pe~~o?m, comply u~i1h ond a6~d• by each and every tl~~ ag?wmenta, atipulations, rnnditio~s and ?
covenunts Ihereo~. and o/ thia morlgage, tl~en thta mortgage and tha estate hereby crenfed, shall ceasQ, de-
termine ond 6e null cnd void.
~ tl~e mortgagor I~ereby jurlhe? covenants nnd ag?ws to pay promptly wl~en due the prtncipal cnd
' inte?est and other sums oj money proi~ided for in said note nnd tl~~a mortgage, or ettl?er: to poy al~ and
singular Ihe taxes, maessments, levies, lia6ilities, o6ltaaito~s, nnd encum6rancs~ of everp nalu» on anid pro-
perfy; to permif, commif or suf~er no wasta, irrtpni?menf or deferiorolion o( snid ~and o~ t~e improvements
thereon at ony time: 1o Ireep !he buildinga now or her~alter o~ saic~ land (ully insurecl in a aum o/ not leas
thnn nil
: i~ n conipany or companie~ acceptab~e to !~e mortgagee, !he po~icy or po~tcies fo 6e he~ by, and pnyable
fo, saic~ mortgagee, anc~ in ftie evenl any su?n o~ money ~ecomes pnyab[e 6y virtue o~ sucti insurance !he
~ mo~tgagee shall have ihe ?ight lo receiue and apply tl~e sume to the indebtedness I~e~eby secured, accotu~ting
to Ihe mortgagor ~or any swplus: lo pay a~~ cosls, c~urges, and expenses, inc~uding jnwyer~s ~ees anc~ tit~e
senrches, reasonobly incurred or paitl by tl~e mortgagee becnuse of the jailure of Ihe mo~tgagor to prornptly
and f ully comply u~ith tl~e agreements, slipulations, conditions and covenunls oJ said note and tl~ts Mortgnge,
or rii~er; to per~orm. comply wilh and a6ide 6y eacl? and every f~e agreementa, etlpu~atiorea, condilioru anc~
covenanfs set ~orfh in snicl note ane~ Ihis mortgnge or eit~eer. ~n f~e evenf t~e morlgagor'ai~s to pay w~en
due any tax, assessment, insurunce premium or o11~er sum of money payable by virtue of saic~ nole nnd t~ia
mortgoge, or eit~er, f~e morlgagee may pay t{~e same, wit~out wniving or o~~ecting the option fo ~o?ec~ose
or uny o~her right hereunder, and all such paymenls shall bear inferes! Jrom date tl~ereo( at ihe higl~est Inu~-
)ul rafe tl~en nllowecl 6y fhe I~ws oJ the State o/ F~orida.
any sum oj money herein re~erre~ fo be not pro:nplly paid wilhin 30 days next ajle~
tl~e same becomps due, or i/ eack and every the agreements, stipulntions, conditions and covenants oj snid
note and this mortgage, or eilher, nre not ~ully per~ormed, complietl with anct a6~ded 6y, t~ten t{~e entire
~ sum mentionec~ i?i said note, and fhis mort~aqe. or t1~e enfire ba~nnce unpaid tbereon, sl~aj~ fort/uvit/~ or
tl~ereo/ler, at tF~e option o~ the morfgagee. 6ecome and be due and paya6le, anylbing in snicl note or' herein
!o !he contrary nofwit~stanc~ing. Failure by the mortgngee to exercise any oJ the rigtib or oplions ~erein
provided sl?all not constitute a waiver o( any righls or oplions unde? saic~ note or this mortgnge accrued or
theroa~t~r accruing.
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~ ' ` ' ~ r- ' ~n ~~`n~ ~IKLL~I fhe mortgagor ~as cnused fhese presents to ~
~ f . EL'ORI'OR~ITF
~ 1+ ~F:A[.) be executecl in its name, nnd its corporate seal fo 6e hereunto af
fuetl, by its
~ proper o(Jicers thereunlo cluly aulhorized, tf~e day and year )irst n6oue u~ritten.
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' (i ~RICAN Fi01~5 AND--MOE~'PGl~GE~--INC....--
:~TI'E:ST--- - - - - - - -
i ~cective Vic i ~
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: Signe~, s ~ e~iu in 1 e prPSence oj: ~ . ~
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~ 1 F1LED AMD ~f,.ORDEO /
~ ST.LUCIE_COUNTY flA.
~ ii ROGE • ?31~RAS ~
c~EFK c.,cw1 couaT
~ ~j RFCC~.~ YE*:F'~0
~ '~~1t~ Of Fr,aRinA FE8 Z~ I~ 36 ~'ZZ
~ ( ~ 2~4380
~ i{ ~OUtI~ Of sr. r~c~ 1 - ~
1 HF.RF.B}' C(:RTIFY ~6a~ on ~6~s .luy. bPjon mr. m o~(~orr d~,(r owl.a.~red in ~I~e SIa1e and Counlr o%nwid w taLe oclu~wvledg~
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.nenl~. pe.wnullr nv~.eu,rd ~
- I~
- WILLIAN A. AND~ERSON and DOMINIC PROCINO
- u•rl~ 4nou~n fo me fo tiv I~e f
r~H~rn/ a+u~ ~C@Ct].V@ v1C@ pl'@S1C~Sllti~tapectioe~r o~ I~e corporulion ~a+ntd a~ !
mwlgagor in Iti~ IMtgu~ng insl.ur~nt. un~~ Itiat Ihry xvrral~y ac~nouaedge~ ~cecu4ng I~e somr. in I~v p?esrnnr o~ I~uo subscndiny u~ilnesxs.
~rrrly and rwuntan~y uruler u+.~lwrdr ~u~~ tra~.J in lh~m by soid twpordion ond ll~al t~t sea~ a~fu~ 1/~ereto is ttie Hw corpo?de sea~ a(
~i w~J t.xpwo~~on.
µ1~j:~[:ti1 my 1~anJ anc~ oj~ir~o! aeo~ !n Iti~ Counly ond Stolt ~ast o~orrwid I~~s ~ 7~ ~G-~
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r'~ ~ 7f11S INSTRUMENT PREPARED BY: Wa~CBI~ B• Davis
_ ~INS /u~~ni~~rr~rl prrFnre~I ~Y: ABSTRACT 8c TITLE CORP OF FLA. hh e
~ 203 5. 2ND gT. FORT PIERCE. FLORIDA U{~K~~ M~~~~~
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