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and sl~all ~pP?/u?m, comply with Q~d ab~d. by eacl~ ond e~~ery Ihe ay?eemPnts, stipulations, conditions and
covenanfs I~erro~, anc~ o~ this ?horfgage, f{~en I~ia mortqage anc~ t~e estate~ I~P.Pby creat~, s{~a~~ eaase, ~P- ~
ter~nine an~ be nul~ and void.
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~n~ tl~e moMgagor hereby ~urll~er covenants and agreea lo pay prompt~y u~hen ~ue ehe pr~~~+pa! a,~d `
inferpst an~{ ofhe~ sums o~ money provic~ed ~or in satd ~otesand this morlgage, or eiftie~: to pay a~~ ond
singular the taxes, assessments, levies, i~a6~!<<<ps, obligation:, and encum6rances of every nafure on sai~ pro-
perfy; to pe~mif, commi! or su~~er no waste, impairment or deteriomtion o~ saic~ ~nn~ or Ihe improvemenls
tl~prpon at any time: to Ireep the ~~uildings now or {~ereajte~ on said land (ully insu~ed in a sum oj riot lPSs
tha~ full insurable value.
in a company or companies qcceptab~e to fhe mortgagee, fhe po~icy or po~icies to 6e I~Pld by, a~d paya6le
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to, sni morfgagee, n~d in IhQ BI~PIII nny sum o~ money hecomes PGyA6I~• by uirtue of sucf~ insurnnce Ihe
morfgag~e stin~~ tiave fhe ri~f~t to rpceive anc~ apply 1{~Q same (o tF~e incleF~tP~ness ~ere~y securc~, accounling
fo the morfgago~ ~or any surp~us; fo pny a~~ cosls, cRar{~es, anc~ expenses, inc~ucring ~awyer~s ~ees anc~ tifje
searc~es, reasonob~y inc~irred or paicl by Ihe mor(gagee 6ecause of Ihe ~ai~ure of fhe mortgagor to pro~npt~y
a~ie~ ~u~~y comply wit~ Itie agreemenfs, stipulations, conclifions ancl coe~~ieQnfs o( sai~ nolPSanc~ 1/~is morlgage,
or eilher: to per/orm, comply u~ith and a6ide by Pacle and ei~ery t{~e a~rt+Nm~nls, sfipu~nfions, condiiions and
co~~enanls sef ~or/h en sae~ reotA'iand Ihis morfgage or eilher. ~n fhe ei~enf tJie morlc~agor ~ai~s fo pay w{~en
~ue any lox, assessmenf, insurnnce ~remium o~ othPr sum o~ money payuLle by ~~irfue of sai~{ n~t~Canc~ lhis
mo?tgage, or eit{~er, (he morfgugee mny pay Ihe samP, without wni~~inq or u~jecting Ihe opfion to (orec~ose
or any other rigl~! ~ereunder, anc~ a~l such puyments s{~nII hear inierest (rom date ther~oJ at fke ltighest Iaw-
Jul rnte tF~en allou~ed 6y i{~p laws oJ ttie Slate oJ I=lorida.
~l nny sum o/ monPy herein reJerret~ to 6e not pro:nptly paid within thirty (30) days nex! a(ter
the same 6ecomes due, or i( ench and euery the nyreemenls, stipulations, condilions and couenants o/ said
not~Snncl ti~is moriqage, or Pither, ure not f ~elly per~ormed, complied witl~ and abided 6y, then fl~e entire
sum mentioned in said notes,and this mort~a~e, or lhe entire 6alance unpaid lhereon, shal[ /ortlw~ith or
thereafter, at tl~e option o( the mortgagee, become and 6e due and ~xiynble, nnything in snid notesor herein
to the cont~ary notwiti~stancling. Failure by Ihe morlgagee to exercise any of [he rights or options herei~ ~
provic~ed s~in~~ noi constitufe a uraiue~ o( any righ[s or oplions unc~er sai~ noteLor lhis mortgage accrue~ or
therea~fe~ acnuing.
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= ^r ~ ~ ~ N ~ ~ in ~~IILe~ ~IK`[~l fhe mort a or has coused t~iese ~
: ~ ~O j~Ol~f'ORATF_ 9 9 presenis to 5
'.:a ~t~ ~~/~L) be executed in i[s name, and its corporate seal to be he~eunto a~)ixetl, by its ;
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":,,'j~ ,~Q~~Op,.•' proper o~jicers thereunto duly authorized, 1he dQy nncl year first aboue tvritten.
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''~~ArTF£$`f-------------------------------------------------------------------------- BEACH CLUB COLONY OF STUART, I C.'
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gne sealec~ nc~ ~iu e presence o~:
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eorg P Poulos P~~
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Q~ FLORIDA
~Q~ Q~ MARTIN
! HEREBY CERTIfiY eJwf on dw dnr. brJonr ~r. cn oJ/ia, ddr autl~o.;kd in ~lu Staie ond Coantr oJo.e,aid eo ~~1re ocJn.o~,[edp.
~~~r w~~d George Apostolopoulos
. u~ell Mou~n to me ~0 6e tl~e Pnsid~M aA~ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _*~~;~i=o/ tl~e corpwn~an no+ned oa
mo?tgogor in ltie jorryoing insl?umenl. ar~ Itial ~e~ yj~
~ ar~nour~edget~ ~xeci~tinq ltie snme, in I~e pnacnn o~ tu~o wbsviding ruilnessef.
(reely and trolunlorily under authori~y dulr oesled in ~IG~by soid cor
poraion and t6ut e1~e ~eal u/Jiaced ~M.e~u is tl~e en.e co.porae uol o( ,
I xi~d ~o.~.m~~. ;
WITNESS mr h~ a.Kt ~<<«d ,~t ~tK c~~y ~.d s~~~ ~u ~«,~,~d 2C,"t~ d September, E
a. n. ~9 72. i
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• ~~~,~L .•St;~ ~ s.': Mot~rr Puh{ic. St~tx o1 Flo;:,'•a z: La:~,
~~J ~ Mb Co~insioo E~pires Sept 5. 191~
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