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I ~n~1 shall p~~?(orm, rompl~ irill~ and uE~ide by Pa~h and ei•Nry I~e agr~~ments, slipulntions, condiiions and
! coe~e?R.e•~1~ ~I~P~,•of. ~~~d ol ~I~i~ ?IIOfI(~O!!P. II1P/1 t{~is murt~as~e and the estale here6y crpaf~. shall cease, de-
+ IP?/111/1P All(~ I)P Il11II O!I(1 1'OI(~.
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' ~nd 1~~~ murlf~a~~ur ~u•n•hy (urt~~~r coi~enanls ane~ agrees lo pay prompl~y u~hen clue Ihe principa~ ane~
~ int~rt•sl n~~~ ol~~~r s~uns o~ mom~y provicrec~ ~or in saic~ nole and this morf~age, or eifher; fo pay aII and
l sin~u~ar f~i~ faxes, ass~ssm~•nls, IPl~tPS, ~ia~~i~ifi~s, o~~~i~aliuns, and encum6rances o~ every nalure on said pro-
perty: fo ~x~rmil. cv~mmil or su~(e~ no wasfe, impai?menl or ~ef~rioration oJ sai~ ~anc~ or fhe improvemenls
; Il~~rw~n af any lim~: to k~~vp IIiP huildinc~s nuu~ or her~a(fer on said ~ancl ~ul~y i~isured in a su~n o( not ~ess
~ thnnEIGHTEEN THO'JSAND EIGHT HUNDRED DOLLARS AND NO/100--------- -
' in a ~-ompany or ~•ompani~~s acc~piab~e to Ihe morlgu~ee, Ihe po~icy or policies to be hpld 6y, and payable
~ (o, saic~ mort~apee. ane{ in (~~e ~~~•enl anY sum o~ moreey hecomes payab~e 6y virlue o~ such insurance f~e
~ morl~ane~ shall hn~~e ihe ri~~li! to rc~eivP and apply t{ie same lo the inclebtedness here6y secured, accounting
~ fo I~~e morlya~or jor any surplus; fo pay a~~ costs, charges, anc~ expenses, inc~ucling ~awyer~s fees and til~e
( seart~I~t~s. rrasonn~,Iy incurre~ or pai~ tiy ihP mortgagee because oj f~e jai~ure oJ fhe morfgapor fo prompt~y
ancr Ju~~y camp~y u~ith l~~e ugreemertls, sliptelatiorts, conc~ifione ~n~ ~-ouPnanfs o! saic~ note an~ fhis mortAUpe.
or eitl~er; lo per(orm, ~omplv u~itli and ahit~e Gy eac{~ a?tt~ enery the ngreemenls. stipulalions, conditions and
corennnls set (orth in said note und this mortgage or eitleer. In IF~e event tl?e mortgagor ~ails to pay when
due any fax, ~ssessm~nf, insurance premium or ot~er sum of money paya6le 6y virlue o~ sait~ riofe and fhis
morlgn~~, or ~il~ier, t~~e morlgag~ moy pay thP same, wifhouf u~niving or a~~ecfing fhe option to (orec~ose
or any o11~er rinhe h~~r~under, and nIl such paymenb shall benr infprPSt from date ihereo~ at tl~e F~ighest lau~-
(u~ ralc• i~~~n n~~ou~e~~ ~?y I~~P ~au~s oJ fE~~ ~fatp o~ Florida.
ll any sum of mun~y I~~rnin rr(Prre~ fo he not prompt~y pait~ wittiin 30 - c,ays nexf a~ter
1~~P sam~ ~?i~~•om~s ~u~, or ij each an~ every fl~e agreemenfs, slipu~afions, concrifions an~ coi~ennnts o~ snid
notP a~ecl tl~is murl~~a~~~•, or ~il1~~r, are not (ully perJormed, complied wilf~ and a6~dpd by, tF~en tl~e entire
sum mention~d in s~id not~~, and IF~is mort~age, or thp entire 6n~nnce unpaid thereon, shal~ )orthwith or
Il~erea~t~r, af f~~~ option oJ I~~e mortgape~~. 6pcome and 6e due and payable, anyftiing in sait~ note or herein
to thi• contrarv nofioit~~sfan~~iu~. ~'ai~ur~ hy the morfgagee fo exercise any o~ t{~e righfs or options ~erein
pro~~i~~<K~ s{ia~~ nof consfifuf~ a~rair~r o~ any rig{~Is or options unc~er saic~ note or i~is mortgage accrue~~ or
1{~~ma(li~r ~ci~n~inc~.
~~n ~itness ~hereof~ ~~IP Spl~ morlgayor ~IpS fIPI'PIlI1~0 SII~RP~ AII~ sealed Ihpse presenls ~~P
~~ay onr~ yrnr )irsf n~iorr ~+~rill~•n.
~igne . s~a~~~c~ an~~ ~~~•~ir~•rr~~ i~~ I~ic~ i?r~s~~nt~~~ o~:
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~ STATE OF FLORIDA, ~
~ r.c~t~~'rv c~F St . Lucie
~ I HEREBY CERTIFY that on this day, before me. an
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~ ofiicer dul~• authorized in the Stat~ :+(oresaid and in th~ County aforesaid to tak~ acknowledqments~ penonally appearcd
~ NARLEY W. LEE an~ LAURA E. LEE, his wife ~
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~ to m~• known to hr thr pi•rson S described in and Nho ea~cut~d the (or~¢omq ~nstrum~nt and t hQy acknowled~ed
~ Ix~(on• one that t hey ~x~~ut~d the same.
~ ( l~"I"1 \ESS rnv hnnd and of(ieial seal in thi• County and Statc last a(oresaid this 13th . day o(
Decembzr D. 1972
~e ~
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~ Notary Pub4c. St~te o~ Fbrid+ d 1x9~ ;
~ ~ :Ay Comm~ssion Expira Mu. 23. 19~6
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{e.Ne b A..o~. a c.N+r ~o.
aN0 REC0aDE0 v~
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= St.IUCSE ~OUNjY flA. .
AS
R:,GE~ ~'v1~R uR1
CIEaR C;~~J?t CO • -
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