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and sF~all p~rjorm, comply willt antr al~ide by Pa~h and ei~erv tl~e op-epmpnts, stipulations, conditions and '
covenants fhereo~. anc~ o~ f~es morfpa~e, tl~pn fhis mort~age am~ I~~P esfale I~ere~,y ~•rPal~c~, s{~a~~ cease, c~e-
tPnnine and be null and void.
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IULIL the mortgagor tiere~y ~urthPr co~~enanls and agrees to pay promptly when due the p?incipal and ;
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i~terest antl othe~ sums oJ inoney provided jor in said note nnd Ihi~ mort~age, or oilhe~: to pay all and
sinpular f~e fnxps, assessments. IPl~lP3. ~iabi~ilies. o~~igafions, and encum~rances of euery nalure on saicl pro- ~
perty: fo permit, commit o? suJfe~ no wasle, impairmen! or deferioration o` said ~anc~ o~ f~e improuemenfs 4
` 1{~ereun al any fime; to ~PPp IhP E~ui~~inps now o~ ~eren(ter on soi~ Iancl ju~~y insurec~ in a sum o~ not ~ess ~
! f{~an ~
1 in n company or companies ncceplati~e b f~e mortgagee, fhe policy or po~icies to ~e hetd by, aRd ~yQbl~ ~
lo, said mortgagee. and in !~e event any sum o~ mon~y ~ecomrs paya~,~e ~y virtue o~ such insuronce f~ie ~
mortgagee sI~aII ~a~~e f~j~e right lo receive an~ apply the same fo tlee irtde6te~Iness I~ereby se~urecl, accounfing ~
!o i~ie ?norlpagor f~r any surplus: to pay aj~ costs, ctiargFS, an~ expenses. inc~u~ing ~awye~ s~ees an~ lit~e
searches, rrasonn6ly incwrecj or paid by the morfga~eP tiecause of fhe ~ai~ure o( t~e morfgagor to prompf~y
and Ju~ly c~omply u~ifl~ ll~e ag~eemenls, siipulalions, conc~ilions and coven4nts o( saic~ note and f{~js morlguge,
~ or eetf~er: to perjorm, comply with and a6ide 6y each and every Ihe agreemenls, sttpulaiions, conditions and
~ covenanls sef (o~lh in sai~ nole and ihis mortgage or eith~~. /n Ihe event f{~e mo?tflagor lails to pay w~en ~
i ~Iue any tax, assessment, insurance premium or otF~er sum oj money paya6le by virtue o( snid note a~d this
mo?tflage, or eif{~er, ihe mortgac~eP mny pay t~e same, u~ilf~ou! tuniuing or aj(ecfing i~~e op~ion to ~oreclose
~ or any otF~er rigtit her~under, and al~ suc1~ paymenls sI~aII Lnar interest ~rorn date tl~ereo/ at t{ee l~ig{~est ~au?-
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( )ul rale then a1~ou~~! 6y ~f~~ laws o( tl~e $(ate o~ Florida.
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~ ~l any sum oJ money ~erein rejerrecl lo I~e not pro:npt~y pnic~ u~il~~in 3~ c~oys next a~ter
~ the same 6ecomes dun, or i~ ~nc1~ ancl errry fhp a~r~amenls, slipu~nfions, conditrons artd couenania o) said
~ note and this mortg~ic~e, or either, ar~ not (ully p~r(ormpd, romplic~d u~it1~ and ab;d~l by. Il~en the enti~e
! sum mentioned in said note, and Ihis rriortrya~e, or tl~c~ er~lere ba~ance unpaid thereon, sl~al~ fortlw~itl? or
~ I~erearlpr, ai ihe oplion o( the mortc~a~e~. ~ecome an~ tie rr~ie nne~ paya~Ie, anyihing in saic{ note or tiernin
~ to the contretry nofu~ilj~stan~ing. /=ailure I~y Ihe morfgac~ee to exercisP any o~ Ih~ rig{~fs or opiions herein
pronicjc~c~ sha~l rtot conslilule a u~aii~pr o~ any righfs or options unc~er sai~ note or I~is mo~fgage atr?uec~ or
tleereajler accruinp.
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.(CORP(~R:4TE: ~n ~~tness ~Ihereof the mortc~agor has cnused these presents fo
j; ~~~F_AL) he execufe~ in ifs name, nnd ifs corporute seal to 6e hereunfo af
~ixec~. 6y its
prope J~icers Ihereunto tluly authorizecl, t{~e. c~ny and year ~i~st afiove u~riiten.
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f Signecl. seale an~PC1 in Il~e prnsert~e oJ:
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FLORIDA
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~VUn~ Of ST. LUCIE
~ i rir:ar_r~~~ ~i~rrrn-~~ ~?,af on Itiis fw~om mr. an o((icv? ~l~Jy aul~w~:xd in II~P GQIP an~i C~ounty ajonsa:d fo lo~ a~~nou~nl9-
~ °~"'S. ~'s°"~~, °~'~°'P'i pHILIP ~C. GATES and BUELL L. BROWN, SR.
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Chairman Secretary .rs,~~~~~iy ~ti~ ~-~.~.a~~~^ ~m..~ os
~ nr~~ ~rnou~n fo rw fo bv 1~~r v lCiP• an.~
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1`. n~lN~~](i(~M in I~r ~~~rqanq ins(n~mr~~f. nrtJ ftiat t~~y ~~•rru~~y w~rn~.u~r~~gr.I r~rvuliny (~r .nrtw, in ttiv p~psvnrt o~ fu~o su6stribing utifrKasrs. ~
" ij ~n-rl~ an~+ t•c~tinlurily un~~rr anf{urih• .Ju~~ rrslv~~ in 1{irm ti~ s~i~~ ~'or~ti.?nfio~ an~~ I~~nt l~~r srn~ o«itP~ Itirrnlo is 1~~ I~ue ['orporaf~ !rn~ .ry ~
r ~ ~ y~i~~ n~K~ratiun.
~ ~~'R\I:t~ mr ~un~ an~ o(~iria~ xa~ in t{~e ror.niy an~ Clate ~as! a(orrwid 1{~is seeond e~uy o~ E111G~L1$t
-_~'a ~ A. 19 7 3. ~
FfIEG tk; :EG~~ROEO ~ '
~ ST.LU:I'c `pCHTY FLA. ` ~
~ ( RCCE~. =J' ~ RA5 • i
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~ f CLE°1( v~~:CI;IT COURt `
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s'. ~I RECGR~ Y'F:~'fCL` ' • '
: , - Notary lic, ~Sta e of Fl~i~~ at .L . qe
Au 2 3 Za PH'l3 ~`~~~V .~F~=~.
~ My Comanission ~i~~.• ~ v~ = ~ i
~ ~-L r)~.~ MY COM1.115::iON f.XN1. S f10V. 1.' 197 r;:•
~ ~ /4~ 41:3 ~OdD~ meouGM [~D w. ar~ss~l+oest ~ _ "
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a ~/liis Inslnmrcn! pn fxrrt~d by: NORMAN L. PAXTON, JR. '~'8 t„ 1 C'~~ ;
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3 ; ,~~/,f,~~~ 301 So. 6th St. , P. O. Box 1418 . . •
' ~ Fort Pierce, Florida 33450 .ry ~
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