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and shall pe?/orm, comply wi11~ and nbide by each and every !Re agreemenls, stipulalions, conditions and
covenanls thereo~, nnd oJ this mortgage, then Ihu mortgage and the estate hereby c?eated, shall cease. de-
te~+nine nnd 6e null und void. • ~
~ the mortgagor hereby jurfher covenants and agrees to pay promptly when due the p?incipal and
interest and ofhe~ sums of money provided ~o~ in said note und this mortgage, or either; !o pay aU and
sinflula~ the ln.res, assess??ients. levies, lia6ilities, obligations, and encum6rnnces oj every nature on snid pro-
perly; to permil, commif or suffe~ no u~asle, impairment or c~eferioralion o~ saic~ land or the improuemenfs
t{~ereon at nny fime: to keep the 6uildings now or herenJter on snid land (~,11y insured in a sum oJ not less
t~an •
j in a compnny o~ companies accppta6~e to tE?e mortgagee. Ihe po~icy or po~tcies fo be held 6y, and pnyuble
to, said mortgagee, and in the event any sum oJ money 6c~comes pnya6[e 6y virtue o( sucl~ insuwnce 1he
mortgagee shall I~ni~e i/~e rigtit to receive anc~ apply the same to tl~e inde6tedness F~ere6y secured, accounting
I io f~e morfgagor Jor any surp~us: to pay a~~ costs, charges, anc~ expenses, inc~uding ~uwyer~s ~ees nncj til~e
~ sean{~es, reasona6ly incurrec~ or paicl 6y tl~e morfgagee becausp o( f~e ~aijure o~ ftie morlgagor to prompl~y
a?id Jully comply u+ith the aqreements, slipulations, conditions and covenants oJ said note and this mor~gage.
~ or eif?ier: to perform, comply u•ith and a6ide by each and eue?y the agreements, stipulalions, condifions and
coi~enanls set ~ort~ in sai~ nole and this morfgage or either. In Ihe euent !~e mortgagor ~ai~s to pay w~en
I dLP any tax, assessment, insurance premium or other sum o/ money pnyable 6y uirtue of sai~ note and tl~is
~ mort~agP, or eil~er, t~e morfga~ee may pay f~e same, wilhout waiving or aj~ecting f~e oplion fo ~orec~ose
or any ofher righ! hereunder, nnd aII suc~ payments shall 6ear interest Jrom date tF~ereo) af the I~ig~est ~aw-
I )ul rate tleen a~~ou~ed by the ~au~s o/ fhe Stnte o~ Florida.
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nny si~m o~ money herein rejerrPCl fo be not pro:nptly paid within thirty days next a(ter
the same 6ecomes due, or i( each and every the agreements, stipulations, conc~itioris nncl couennnts of said
nole and t{~is mortgage, or eif{~er, are no~ (ul[y pe~jormed, comp[ied with and abtded by. Ihen the entire
~ stim mentioned in said nole, and this•mort~ac~e, or tl~e entire bn~nnce unpaid tl~ereon, shal~ fortluvith or
i~erea(ter, nt t{~e option o~ f~e mortgagee, ~ecome and 6e dtie and paya6~e, anyf~ing in said nofe or~~erein
; to t~e contrury notu~itl~standirig. Failure 6y the mortgagee fo exercise any o~ the rig{~fs or options herein
~ ~ ~,~o~~~dpd s~ia~~ nof consfitufe a waiver o~ any rig~fs or opfions under saicl note or t~is mortgage accrued or
thereafter acc-ruing. +
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` ' • ~n ~itness ~hereof f~~e mor! c tor ~as Caused f~tese ~
~ 3 L 1' (CORPOR.LTF 9 i prosents to i
J~': t-', ~~-A1.) ~~e execuied in its riame, and ifs corporate sea~ to be ~ereunto a`~ixed, by ~~S ~
• . ro er o ~c
.l;,, ' p p JI' ers ihereunlo duly authorized, t~ie day nnd year ~irsf above written.
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' ~TTE~T:--- - - - - - - - BLANTON-WOOD _ CONS.'Rt]CTION, INC-'-------
' •
i! ~refary I
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' Signed, sealed anc~ delii~ernd i i/~e p?~ ence o~: /
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~ • ~ 37
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~ I! . - ~ ~ flLEO ~4t• ~=~JRCEO
~ I: ST. tuci~ ^r,;,,rr
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C.EF.+: C -.~;1:; G~~Rt~~~~'
~ i! F F ~ ti= s f i~ ~--~-,-.....d:.
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~ i` No~ 8 4 0~ ~N'?2
~ ~ ~~tC Of FLORIDA S~~
~ i ~ounty of ST . LUCIE
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: t HF.R?:Bl' C'F.KTI?')' ~ha~ w~ ~?ii. Jay. FN/o~ mr, an o(/uer duly authw~z-rd in the Sta~e and C«u~ty o(onwid 'w tok oclmowdedp-
~ ; ~ mtrd<. {H'rsorw~~y a r renn•i~ '
& r r JAMES H. BLANTON
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. u~~~~ ~;noirn fn mv to ~v fti~ ~res~Jrnl ~
~X~~/ tka co.po.a~on namrd os
A mwfynyor !n thv (orrqoing insUum.•nt. are.~ Ihaf Itiey wrero~~y ac~inuu~e.Jpp~ t.~e~~uling ttia sumt, in f~e prexnte oJ luo suditriding witnesus.
(~FP~~• <.nd rolunlar~ly un~ler uut6or~~v ~lu~y ~r.l~d in l6rm ~iy soiil cwporatiun and tl~nt Ilu aeo~ a)(i~ec~ t~n1o is :~t uw rarporde xo~ o~
~ sau~ corporation.
~ ~ wrr~r:~. tia.,.i a~,~ o~l,~d ~pot ca..~~Y o.~d s~a?~ t~~ ~ti;~ 8th .{~y o; yovember
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~ :1. D 10 72 .
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~ ~ ~ < ; ;~p~ssion expires : ~'7
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