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; and shull perjorm, comply u~ilh and o6tda 6y each a~d .every Ihe agrec+menb, sttpulation~, c~ondilions and
~ covena~ts lhereoj, ond oJ 11?is martgage, then this morf~a~e and the estate here6y createcl, sf~all cense, de-
iermine and 6e nul! and uoid.
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j ~ the mo?tgagor here6y jwther rnuenants and aarees to pay promptly when due the pKncipal and
inferest and ofher suma of money provided Jo~ In said note and thia mortgnge. or eifher; to pay uU and
singuln~ the tazes, assessments, Ievies, lia6ilities, obligations, and encum6rances oj every nalure on aaid pro•
a ~ perty: fo permit, oommif or su~fer ~o wasfe, impairmenf or deteriorution o~ said land o~ the improver?tents
~ the?~eon at any time; fo keep !he 6uildings now or hereojte~ on said Iand f ully ~nsured tn a som o~ not less
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" Ten Thousand and no/100-------------------------------
s~ than .
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{I{ Y lV~~• Y~~" Vi u~.~.i'_'"_"""'" iiiu T _ - -
~ Y 7 Y.....~~ p.......> w .......a..y:v, r:.::s;.~ - • - . .
fo, said mortgagee, and in Ihe event any sum of money 6ecomes ~ya6l~ 6y uirtue o~ suchJ insurance the
~ mortgagee ahall hai~e tl~e right to receive and apply ihe same to fhe inde6tedness here6y secured, ncc~ounting
to Ihe mortgagor Jor any surplus: to pay all eosts, charges, and expenses, including Iawyer's Jec~i and title
~ searches, reasona6ly incurrecl or paid by the morfgagee 6ecause oj the jailure oj the morlgagor to promptly
~ and ~u~~y ~omPly u?itti fhe ag~eemenfs, stipu~fions, conditions ancl conenanls o~ said nofe and t~is mortgage.
~ or either, to perform, ro,~ly w~~(~ n«d a6~de 6y ~~h nnd every 1he agreements, stipujations, conditions and
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~ cover~nn?~ts se! ~orth en sai~ nofe and this morfgage or ei!{~er. In !he euent t~e mnrtgagor ~ai~s to pay when -
~ due any tax, assessment, insurance premium or ot~er sum o( money paya6le 6y virtue of said note and f~ts -
~`r~ morlgage, or either, !he mortgagee mny pay the same, without wai~ing or a~f
ecting fhe option to lorec~ose
~ or any other right hereunder, and all such paymenls shnll 6ear interest Jrom date tl~eneoj at the highest Taw-
f ul rnte tf~en allou~ed 6y the laws o/ t{~e State oJ Florida.
~L any sum of moneq {~erein referrec~ to ~e not pro:npi~y paid wii~in thirty ~ays next alter
f` ~ ihe same 6ecomes due, or iJ each und every t{~e ag?eements, stipulntions, conditions nnd couenants o~ said
~ note ancl this mortgnge, or either, are not (ully perJormed, complied with and abided 6y, then t6e entire
~ sum mentioned in said note, and tbis mortgage, o~ Il~e entire bnlnnce unpaid t/~e?eon, shall )orfluuith o~
4 t6erea(ter, at the option oj Ihe mort9agee, become and 6e due and payable, anytl~ing in said note or herein -
to f~e conlrnry nolwitl~standing. Failure 6y fhe mortgagee to exercise any o~ the rig{~ts or options ~erein
pro~iclecl sf~a~~ nof constitute a ~uaiver oJ nny rights or options under said note or fhis mortgage accnae~ or
; t~ereaJter accruing.
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` - O n 'fC RATE ~n ~~ll`~s ~IKILVL the mortgagor has causecl t{~ese presents to
' ~ ~L? be executed in its name, and its corpornte seal to be I~e?eunto af~ixed. 6y ~rs
- b: proper of~icers tl~ereunto c~u~y authorized, tf~e c~ny and year ~irst aboue turitten.
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Signed, sealed and de~ivered in the presenc.e of : j
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~?..L.. Of FLORIDA
La~r a
~ ~t1~ Ol ST. LUCIE
I HEREBY CERT?FY 11w~ on ~6is du~. br/orr mr. m oJJin? ddq aw6oriud in 16r Sta1~ and Co~udy a(onwid Io 1a1er aclmou~ledg-
~ menls, persorwlly aP~a..d ~ry L. Pearl and Philip Pearl
~
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£ u+r~l ~rnou~n !o me lo ~ ttie Prvsidrnt w+rr respedine~ I~te wn nomrd as
~ _ SecretarY.& Treasurer y ~1'
a d
g ~morigagor in I~e ~aregoing inslrumenl. aru~ ttiaf I~ey serwria~~y ac~nou r~ rreruliny Itir samr, in t~v prrsenn ot fuv su saidtng u~fnesxs. ~
$ ~ y y y pora ' ~~ixed I~rreto is ltie true cnrparofe xa1 0~
~ ree~ and vo~unlari~ ur~rr o~~ltioril d~~~ ntsfed in ltivm hy said c'w I~on an~ t~al I~e sva~ a • t
wid torporalion.
~ ~VIT.\ECS my 6a~d and o((iciol seal in 16e ('o~mty and Ctat~ Ias1 uJor~said Ihie j.2t}~ daY oI September .
~ A. n. ~9 73 .t-~~..;;;.
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