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and shall ~>NrJo~m, camply u~i1h and abide by each and ei~t~n tl~e a{?rei~menls, slipulafions. condilions and ~
cai~eno~~ls iher~oj, ant~ o~ t~is mortgage. Il~en ll~is morlc~~g~ ant~ tl~p pstate hP~eby createtr, sha~~ cease, ele- ~
termine an~ f~e nu~~ n~~~ ~~oic~. ~
i~~ mortyuyur ~~eri~~y (urthtr cnrYnarrfs anc~ agrees fo pay promptly when crue the principal ant~
inlernsf an~ ol~e~ sums o( money pronided for in saia note anc~ ftiis mortgage, or either: (o pay a~j and
sin~~ilnr the (~xes, ass~ssments, Iei~ies, liabililins, ohlic~ntions. nnd encumbra~ces oJ erery nalure on said pro-
perly: to permil, c~ommif or see~~Pr no ~uaste, impai?menl or deleriorafion oj sait~ ~anc~ or !he improvements
th~mon ~t Aliy ~1~flP: to ~Ppp ~IIP buildint~s noiv O~ hP~PA(t~r on said land (u1~y insure~l in a sum o( not ~ess
rh~n not applicabls
in a compnny or companies ncceptab~e to ttie mortgagee, t{~e po~icy o~ po~icies fo be he(d 6y, and payuble
to, sai~ mortg4ge~, anc~ in Itie euent any sum oJ money ~ecomes payable bp rirtue of such insurance f{~e
morlgngee ShQI~ ~AI~P 11~e ~ight to receive and apply !he same to the inde6tedness {+preby srcured, accounting
to thP morfgn~~or (or any surp~us: to pay a~~ cosfs, c~arfles, and expenses, inc~uding ~awye~~s fees anc~ til~e
searcl~~s. reasonab(y inrurrec~ or paid ~y fhe mortgagee hecause o~ f~e ~ai~ure oJ !tie morfgngor to prompf~y
an~ (u~ly compry u.ifh fl~e apreemenfs, sfipu~attons, con~ifions and cot+enanfs oJ said nole anc~ ttiis mortgage,
or eilher. (o per~orm. comply «~ith ancl a6ide 6y encb anc~ every the agreemenis, slipu~afions, conditions and
rorennnis sef jorfh in saic~ nole anc~ this mortgage or eifher. ~n t~e event f{~e mortgagor jai~.t to pay w~en
due any ta.r, assPSSment, insurance premium or ot{~er sum o( mo?~Py ~ya6le by virtue oJ said note ant~ (f~is
mort~age, or eif~er, t~e mortgagee may pay itia same, witfeout t:~a+~~~ng or al~ecting f~e oplion (o ~otec~ose ~
or any other ri~{~t ~ereunder, and ctll sucl~ payments shall bear interest Jrom date tf~ereo( at 11?e highest Iau.- ~
f tt~ rate Il~en a~~otuec~ by the ~aws o( Ihe State of F(o.~dA. ~
D~ any sum o' money herein re(er?e~ lo be not prompt~y paid u~it~in ~0 ~ays next njfer
Ihe snme 6ecomPS due, or i j each and every ttie agreements, slipulalions, conc~ifions and covenants o/ said
riote an~ this mortgnge, or eitl~er, are not jully per~ormecl, complied with ~and ab~dpd 6y, fhen t1~e e?etire '
sum mentionecl in said note, ancl Ihis morlgage, or tl~e entire balnnce unpaicl ~~ereon. sl~all JoNhu~it{~ or
t{~ereajter, af the option oJ Il~e mortgagee, become an~ be due and payable, anything in saitl note or ~erein
to ttie contrary notwilhstancling. Failure ~y l~e morfgagee to e.rprcise arey oj Itie rig~ts or options herein
prori~e~ s~a~~ not constitule a trainer oj nny ri~tifs or oplions under said notp or f{~is mortgage accruec~ or
t~erea~t~r accruing.
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~n ~~tness ~ I~e saic~ mortgngor tias I~ereunlo signecl antl sPalecl Ihesp pres~nts ftie
~ay an~ year ~irst a~ove u~ritten. ~
$igne a ec~ ejire in Itin presence of : ~/~~/~Y]/'~
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~ L rsy CIveZ
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STATE OF FLORIDA, ~
COU:vTY ~F ST. LUCIE ~
I HEREBY CERTIFY that un this day, before me. an
of(icer dul~ authorized in the Stat~ aforesaid and in the Count~• aforcsaid to tak~ acknowledqments, personaqy appeared
Larzy MCZVar
to m~• knoNn to Ix the p~~rwn described in and who executed the for~¢oinq instrument and he acknowkdqed
beforr me that he ex~cuted the same.
~~'IT\ESS my hand and of(icial xal in thc Gount~• and Statr last a(oresaid this day of
~CtO~?Br A. D. 19 72 • j
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N Publ ~
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trtyy Ca~mnission expires s J-~'o -~'G i
r
a?+ aecoROEO \ `.S
fIlEO ~ ~ . ~
ST. LUCIC CO~NTY fU. L , ' ' • ~ :
ROG~E':~~~RAS _ , ~
CLERl~ G; ti~Z COURT ~ : ~ ~ . , _
RECORO YE IED . : ~ - '
OcT : -
16 4i~PN'~Z ` ~ ~ ~ ~
1%!rc Ins~rrunr•»I prr pnn
A!y: . •
.'~~~i~lt:fc Z3~~7~~ r.... ~r
This instrument was prepared by
hlicha~l Jeffries, 124•A No. 2nd St p~~~ ~ Q+7~
F~rt Pierce, Fla. - s ta ( s
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