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ar+d shall pe~jorm, comply u~ith and ab~d~ 6y each and eve?y Ihe agreements, slipulntions, conditions and r
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couenants thereo/, nnd oj this morlgage, Ihen thia mo?tqage and fke estate heref~y created, shall cease, de-
te?mine and 6e null and void.
F~ .
1 Ii1NL Ihe mortgago~ I~ereby jurt~je~ covenants ane~ agrees !o pay pro?npt~y when due the principo~ an~ ;
c~ interest and otl~er sums o) money provided Jo~ in said rtole and lhis mortgage, or either; to pay aII nnd
~ singular the tnxei, assessments, le~ies, lia6ilities, o6ligations, und encumbrances o( every na(ure on said pro- '
, j~ty: to permil, commit or su(jer no waste, impairment or deterioralion o/ saicl Iancl or 1he improverreents
~ ~Itereon at any time.: to keep lhe 6uildings now or heren~ler on said lnnd ~ully insured in a sum oJ not less
~ ~1i~n Forty Thousand Four Hundred Ninety-one Dollars ~ ;
~ ~ in a company or compa~ies acceptab[e ~o f~e rnorfgagee, t~e po~icy or po~icies to be hpld by, and pay46le '
--a (o, said mortgugee, and in the event any surre o/ money 6ecomes paya6le by virtue o~ such insu?ance ihe
~ mprtgagee shall I~ave the righ! to receive anc~ npply the same to ttie inc~e6teclness here6y secured, nccounting
-s,c.' to the mortgagor ~or any surp~us; to pay nII costs, char{~es, and expenses, incluc~ing ~awyer~s jees and !il~e
~ - , senrches, reasonably incurred or paid 6y !he mortgn~ee ~ecause oj ttie Jailure oJ fhe mortgngor to prompfly
~ nnc~ Ju~~y comp~y witti the ag~eemenls, stipulalions, conditions anc~ coveriants oJ saic~ note ancl this mo~tgnge.
or eitl~er; to perform, comply with and abide 6y each and every tf~e agreemenls, stipulations, conditions and
~ a covenanls set ~ort~ in saic~ note anc~ f~~is morfgage or eitfier. /n t~e e~~ent !~e morlgagor ~ails to pay when
crue any fax, assessmenf, inswance premium or of{~er sum o~ money paya~le 6y virtue o
J sait[ note anc~ l~is ;
mortgag~, or eitl~er, the mortgagee may pay tlte same, withou! +uaiving or aOecting !he option !o )oreclose ~
or any o1he~ rifll~t bereuncler, and aIl such paymenls shall bear interes! J~om ~nte thereoJ nt t{~e higF~est law- q
* (uI rate then allou~ed by tl~e lnws of the Slate oj Floridn.
any sum oj money herein re(errec( to be not pro:npt~y paid within ten days nexf a~ter
tF~e snme becomes due, or i~ each and every the agreements, stipulations, conditions nnd couenanls oj said
note and this mortgage, or either, are not ~ully per~ormecl, complied witti and a6iclecl by. lhen the entire
sum mentioned in saic~ note, and t?eis morl~a~e, or t1~e entire 6n~ance unpaic~ thereon, shal~ fortluvilh or
therea/ter, ~t tf~e option o/ the mortgagee. 6ecome nnd be due ancl paya6le, nnyl{~ing in said note or herein
to !{ee confrary notu~if{~slan~ing. Failure by the mortgagee to exercise any oj the rig~ts or oplions herein
~.oU~ded sha~~ not constitute a wainer oJ any rights or options under saicj note or t{~is mor[gage accruec~ or
thereafter accruing.
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: O ~ ~j~~~: ~n ~~tness ~hereof t~e mortgac~or has caused t{?ese presents to ~
y, y~ ;;~A~J ~~e executed in ils name, and its corpotate sea~ to be hereunto a~f ixea, by ils ~
% -!1'> proper of
jicers tF~ereunto t~uly ciulliorizecl. ~I,p day aRd yea~ first above wrillen_ '
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- MILLARD CORPORATION
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igne~, sealecl ancl c~eliverec~ in f~~p presence o(:
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~~t1te Of FLORIDA
~p~(ji~ p~ ST. LUCIE
1 HERF(3Y CF:?2T11=Y ~6a~ on ~6~s d~y. 1..(«+r n„•. an o(~iR. ddy ou~6orizrd i~ ~6. S~ate ~nJ ('«u~ly a~o..sa~.1 ~o ~a6p M~noud~d9-
FRANK M o RAYMOND , JR .
1 I t ~~rpsi~vnl ~
I I~Y'" ~lIOY71 ~O f~IP ~O fN ~fiP ~h~' 4~ ~~P f0/JX!/LL~1U11 l4tIi1P~ ~S
f! nIM~[/U(f0f III ~dP901~lQ insln~ment, an~~ I~~p( (~P} SPt'P~ly' af4/iOdMPt~gfO r.irnelin,y II~r SOR1P, U~ l~p (NpXrtCP 0/ ~Y~O SU63ClIfl111(J U~~npSWS.
i~ (~pP1V UM~ I~OIUJI~UfI~y Wl~•/ QU~~~flrytY (lU')• ('~'t~Y!' fR ~~lP~l! SUII~ COIjbfU~l0/1 OII~ ~~0~ ~l1P SP~ O/JILP~ ~llPff~O l5 ~~P (lLf (V/(IOf6~P 3PQ~
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~ ~/~IrN/:SS my hnn.~ un~~ oj(iria~ sea~ in !he ~~a~nh• aru~ tilalr ~ast a(vmsaid Itiis l,~th ~~oy oJ Oetober
A. I). ~072.
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. ~'fy~- at Large
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!~,c' ....••r~ \ ~ k p r NOTARY PUBLIC SIATE of ~CORIDA AT ~lte•-~
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j - • Y C 0 1 A M I S S I O N E X P I R E S A U G. 9, 1 9
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W!" OtN~ML iN~URANCE UMDERWRITERS. INC
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