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a~ul sh~,ll p~•rjorm. ~~omply iri~h an~l a6idc? by each ~nd evnry the afl?eements. stipulation's, conditions and
~•ur~nnnls Il~~rr.~~. a~id of 11~is mort~~app. II~Pn tl~is mortnayN anel Itie ~stafP here6y crPatet~. sha~~ cease. de-
~ I~rmin~ an~~ ~,e nul~ a~u~ roi~~.
Iin~ I~~r murlgn~~o~ ~~~~r~~~~y ~ur1l~~r c•oi~~nanfs Qtl~ a~fPPS fo pay prumpfly when due 1he p~incipal and
inf~rnsl an~~ o1~~i•r .ums o~ moni•v ~>rot~ir~~~~~ Jor in sai~~ nole and lhis morlgafle, or eif~er. !o pay al~ ant~
singu~ar 1~~~ la.»c. nss~ss?n~nfc. Ienirs. ~ia~~i~iti~s. of~Iiry~liuns. an~I pncum6rances of enery nafure on said pro-
p~rl~: lo p~•rntil. cummil or sujj~~r na u~nsf~~, impairme~~l or clete~iorafiun o~ Sai~ ~anc~ or 1{~e improvemenls
1~~~•rM•r~ al anp lim~•: fo ~~•~p t~i~ ~iui~~~in~~s no~r or ~uvro(t~r u?~ sai~~ ~an~~ (u~~y insure~~ in a sum o( not ~PSS -
~h~~~ the highest insurable value thereof
i~~ u i•ompan~ or ~•ompnnic~s art~~~pla~~~~ lo fl~~• moHga~~c~. 1~~~ po~iry or po~ic•ies fo f~e ~~r~~l {~y, and paya6le
lu, sai~~ morl<~ago~, anr~ in 1~~~ v~~rnf m~y sum o~ mon~y hecomPS paya6le ~~y virh~e oJ such insurance 1{~p
murl~a~~~~~ s6~ll I~u~~~ ih~~ ri~l~l tu m~•~ii~~ and apply II~P same 1o Ihc~ indel?Iedness here6y securecl. accounfing
to 1~~~ morlqa!~ur ~or any surp~us: lo pay c•osls. ~•~iarqes. an~I expPnsPS. inrlucling ~awyer s jees ant~ til~e
s~arcl~~c, mi~conni~~y i~~~•urra~~ ur pai~~ ~~y t~~~ morf,y~ry~~e tiecaus~ oj i{~e jai~ure o( fti~ morlgaflor !o prompf~y
nn~ (ei~~v c•omp~y u~if~i 1~~~ a~~rei~m~~r~ls. slipulalions, con~Ielions anc~ ~or~nanfs oj saicr nofe an~~ l~~is morfgage,
nr ~•ill~~~r; fo pN~~orni. ~~ont~~~p u~il~~ an~~ a'~i~~e ~y each un~~ ~very I~~e agrepmenfs, slipu~ntions, concrifions ant~
i u~•~~~u~nfc s~f Jorl~~ in sai~~ noP~ an~ this morfg~~e or i~ilher. In 1~~~ F!'Pi1I I~P morfgngor ~ai~3 fo pay u~hen
I ~ur any lax. assnscm~ml, insurani•e pr~~mium or ol{~~r sum o~ monev ?~ayah~~ ~?y i~irtue o~ sai~ note anc~ fhis
morfqay~, or ~if~u•r, I~i~• niorf~~ny~v may pny ftiP same, u~it~~otd ~raininc~ or aJjectinfl fhe oplion to Jorec~ose
or ~~n~• olhe~r ri~~l~l h~•?~~u~~1~r, an~1 all surti paymenfs sha11 bear int~rpst ~rom c~ate fhereoJ at ~hp I~~qhpst la~~~
(u~ r~~l~~ I~~en a~~otnc~~ ~?y f~~~ lm„s o~ t~~~ Staf~ o~ E'~orit~a.
or~y si~rn u~ mu~~~~v ~~~rnin re~~r?~d lo he not promplly pnitr within 30 t~ays nexf nJlar
I~~r siunr~ ~,i~~-om~s ~~u~, or i( i~ac~~ ~n~ ~~~~ry 1{~e a{~rpemNnts, sfipulalions. conc~itions an~l conenanfs of sai~
~~ol~ ~nd Iliis morl,rya~~~•. or ~id~~r. ar~ not (a~Iy perjorme~~. complied witl~ anc~ a6~d~1 6y. t/~en the enlirp
sum m~nlion~l in said uoli~, and Ihis morl~~a,y~, or the entire 6alance unpaid t~~rpon, sl~all ~ortF~with or
Ih~r~fl~r. at f~~~ opfion oJ Il~~ morf~a~n~, F~c~ome and 6~ due and paya6le, anythin~ in saicl note or herein
I to f~u• c-onlrnry nofu~ill~slortc~in~~. /'oi~ur~ {~y ttip mort~agee fo ~xercise any of t~e ri~hts or opfions herein
( prori~~~e~ sha~~ nof consliluf~ n u~ain~r o~ any ri~~~ls or options ~uecrPr sai~~ nofe or ftiis morfgage uccrupi~ or
~ t6~rn~Jl~~r a~-cn~inu-
~n ~itness ~hereof~ t~u• cnicl mort,ry7yor ~ias ~~Prnunlo si,yne~ un~ s~a~e~ ftiese presents fhP
~lo~ anrl yrnr Jirsl ahor~~ u•riN~~n.
~ic~?~e~~. ce•a~~~c~ an~~ ~~~~~ir~rnc~ iu t~~~ presrn~-~~ ~
~~tis"-O~~ c/ti ~~~~%Z~ ~
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~Rob rt H. SCho t
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_ - ,v.. - - .~,,,~.n, - -.5~~.. ._..._._..__t~
~ Susan H. Schott
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, S'I'ATE OF FLORID:~,
~ i COC\TY OF St. Lucie ~ .
j 1 HEREBI' CER'TIFY that on this day, before me, a.~
{ ~ffi~cr ~1uh~ authorized in the Stat~ aforesaid and in the Counh• afon•said to takr acknowledxm~•uts, personally appeared
~ ROBERT H. SCHOTT and SUSAN H. SCHOTT, his wife,
i to m~• known to Fx• th~ prrson S described in and who eae~uted the forccoin¢ instrument and they ack~?owltdqed
E Ix~for~• mr that they cx~cuted the same.
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~ 1~'17 ~ESS my hand and offi~ial seal in th~• County and Stati• last a(oresaid this day o! i
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October n. i9 72• ' ~ ,
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" ~..1-a.~•-`-•"•-•"'v'' :
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Notary Public, State= of Fla. at L~r_g
, FIlEO ~?11~ RECOROEO My Commission ExpireS =
gT.lUC1E COUNtY FIA. ~ , • .
I I ROGEa POITttAS ~ ~~ctary Publi-, State ~f fl~~:,,ra ~
CLfRK CtRCU~j COURT r,1
Y G~~unission E
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pue~ No~. ~ '
RECORO YfR~F1E0 ~~1H ~
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Oct 9 9 26 AM'~2 - ~
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Tllrs I~uin~,nf,r~ p,rporrd hy:. Frank H. Fee , I I I
A~I~~mrs First Federal Bldg. , Fort Pierce, Fla. t
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