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and shall per~orrn, comply wifti an~ abi~e by eacti and ei~ery t~?e ubreemenls, stlpu~alioris, conditiont ond
co~~enanls ~l~preo/, and oJ Ihis moNAa~e, then Ihts r?~o?tgage and tl?e estate h.reby createcl, shall cease, de- #
termine and 6e nul! and iwid. r
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~i~ f{~p mortga~or heru6y f uH~er rnuenants and ag?ees to pay promplly when due the princtpal artd ~
i~ferns! and ofher sums o~ money pro~i~~ ~o~ In said nofe and t1~~s morfgage, or either: io pay o~~ and ~
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aingu ar f{~e ta.res, assessmenfs, IPUIPS. ~ia~i~ilies, o6~igafions, and encum6nancea of every nQlure on snid pro-
perfy; to permil, commil or su~(e~ no u~ast~, impai?ment or c~eterio?afion oj saic~ ~an~ or f~e tmprovemenls
therecn at any lime: to ~reep Ihp buildin~s nou~ or her~jler on said Innd /u1~y ~nsured in a sum o( not Iess
1/~an
in a company or companies acce~>I~bl~ 1o the mortga~ee, 1he po~icy o~ po~tcias to be ~Pld by, and paya6le
to, sai~ moripnc~ee, an~ in t~e enent any sum of monc+y tiecomes payab~e by virtue o~ such inswance f~e
' morfga~ee sha11 hai~e the riQh~ to r~ce~e~e and apply ti~e same 1o Jhe indebtedness hereby securec~, accounting
to 1~ip morlc~a~or for any surpJus: fo pay a~~ rosts, rhar~qes, and expenses, Inc~uding ~awyer~s Jees and tit~e
search~s, reasonoti~y inc~urec~ or pai~ ~y f~e morlgagee ~ecausp o~ fhe (ai~un~ oj ff~e mortgagor fo prompt~y ;
anc~ fu~~y comp~y u~il{~ f{~e a~re~ments, sfipu~ations, conditions and covenants o~ said note nnc~ l~eis morlgage. ;
or eil~~er; to ppr(orm, comply u~ilti and a6ide by eacti ancr every the agreemenfs, slipu~alions, conc~ifions nnd y
cou~nanls sef jorl{~ in saic~ note anc~ Itiis morfgage or eifher. /n f~e event t~e•mortgagor ~ai~.t to pay when ~
due any tar, nssessm~nl, insu~anre premium or olF~er sum of ~,o«ey ~ya6[~ 6y uiHue of saitl no(e and this ~
mort~age, or eil~~er, t~e mort~u~ee may pay the snme, u~it~ouf waiving or a~~ecting lhe opfion to ~oreclose ;
or any ot~er ri~~F~t her~~mc~er, and a1I su~h paymenls shnll bea~ interest from dafe thereof et f~e ~igJ~est Iaw- `
/u~ rate il~~n aI[ou~e~l by Ihp laws oJ tli~ ;Stafe o~ FJorit~a. ~
~ ~L an~ sum o~ murteV {~erein re(r~r~ (o he nof prompf~y pait~ within thirty days next ajfer ~
t~P samP ~~com~s clue, or iJ each an~ e~~ery tl~e agreempnls, stipu~ations. croncrifions ancl cot~enants o~ sait~
note a~~d 11~is mor(~~age, or eiil~er, are no! ju~ly perJornte~, complied witle ared abidp~ by. l/~en 1{~e enlire
siim mentionecl in saicl nofP, aru/ tl~is mort~agp, or ?he entire balance unpaid t{~preon. Shall Jorthwitlt or
t~ereo~fer, ~t tf?~ opfion o~ f~e morlqageP, hPCame and 6e due and paya6le, anyfhing in saic~ note or herein
lo t~e t~ontrnry nol~nifl~slnn~in,q. /=ni~ure 6y ~hp morfflnqee !o exercise any oj i{~e rig~ts or opttons ~erein
A~~'~~~ sha~~ nol conslilutp n ar~ii~~r o~ any rights or options unc~e~ saic~ note or lf~is mortgage accruec~ or
ihPr~a)I~r acrn~in~.
~n ~~lll~s ~h~QOI~ 11~~ said morlgngor has I~ereunto signpd and sealc~{ Il~ese presents fl~e
~ay an~~ year ~irsl a~~oi~~ irritten.
si~nec~. sc•a~~~ nn~ c~~~ir~r~~~~ in f~~~ prnsrncP o~:
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STATE OF FLnRID4, I
CoU1TY OF ST. LUCIE ~ 1'
I HEREBY CERTIFY that on this day, be(ore me~ an -
o(ficrr dulp authorized in th~ Stat~ aforesaid and in the County sforesaid to tak~ acknowledgmenu~ .perloi~ally appeued
DAVID B. DOUG:~ASS and JOYCE S. DOLtGLASS , his wif e lY •'~1j
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to me known to be the person S drscribed ia and who ea~cuted the fongoin~ instrument an ~~@~ /~}yi~tiow~ld~d
befor~ mc that they cxccuted the same. - v
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I7'tiESS my hand and officiai seal in the County and State Iast aforcsaid this • t i ~ d~ V'
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June A. D. 19 7 3 ~
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f~~~o a~t~ pfco~otp ~ " a ~ -
ST.~u~iE c~u~rtr Fu. /yl~l CG/11'/JI/5.5ie~~ E'X~illfS ~
ROGEn r 3iTR~s f
Ctf?.K Ct'. ,UtT C~3URT ;
RF~Qfi.^, 1: ~:'IE'~~~ ?
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~i 11 1 ~9 PH '73 '
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!l~is Lrs~n~m~ut prrpnrrd hy: _ _
T1ds Ir(strOment Wes Prepared 8y:
/~[~i~iF.1~f C. R. McDONAID, JR.. AHorny ~ R '
CN~~ns fsd~ral Build(nq ~(~(~~5
Ff. Pi~rc~, Floride 31450
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