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an~ S~(1II ~P~~orm, compry wit~? an~{ abicre by e~nc~ anc~ ee~ery t~e agreemenl~, ~fipu~afioni, rnndtttont artd
rnvenanls ti~ereoj, and o/ ihis mortgape, thea 11eis mor?gaye ond ths eilats here6y created, shaU c~as~, d~-
termine an~ ~?e nu~l anc~ voi~.
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~i~~ Ihn marlganor her~+by ~urther rn~~enanls pnd a9rees !o pny promplly when dtie 1l~e princtpel nnd ~
i~teresl anc~ ofhe~ sums o~ money pro~iaeil ~or in said note and f~is morlgagR, or eilhei; to pay u~[ cand ~
~~ngular t1~P laxps, asspssinenls, Ievies. Iiabilitips, obligaltons, and encurnbroncea of euery nnture on sairl pro- '
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perty; fo pc~rmif, rommil or suljer no waste, impni~ment or c~eferioration o~ saId ~and or !~e improvemenft •
lharrrn at airy IimP; to RPPP ~lIP bui[~in~s now or I~erpaj~er on said land Jully insured in u sum oj not Ies:
t/~an highest insurable value
in a company or compani~s acceplal~le fo tl~P mortgngee, the pollcy or policiea to be leeld 6y. o?~d ~~?06[~
to, said ~noHUQCtee, and in ll~e enent any sum oJ money becomes ~yable 6y ui?~ue oJ suc6 insurance the
mortgcegee s{~u~~ ~a~~e t~e rig~t to recei~~e anc~ apply the same to the inde6tedness I~ere6y secured, accounfing '
!o ftie ?nortc~a~or jor any s~irplus; to pay n~~ c~osts, c~arges, and expenses, including Iawper's jeea and tel~e
searc~?es. reasona~ly ir~currecl o~ pai~ by /tie morlgopee becatup o~ fhe ~ai~urn of fhe ntortgagor fo prompt~y s
anc~ (u~ly comply u~ifh tl~e agrepmenls, slipu~afions, concritions and covenanfs o( said note ancl t~is mortgage. ;
or eii~ier, fo perjorrn, coinply wit/~ and abicle by eack ancl every the agreernenls, slipu~atioru, condifions and ;
cot~enar~ts se1 /o~th in said note and ti~is mortfln~e or eitl~er. 1n tlee event the mortgagor ~ails to pay u+hen ,
deie ony tax, assessment, insurance premium or other sum o/ money payable by virlue o( said nole aad tl~es
morlgnge, or eif~~er, the morfgagep m4y pcey l~ee same, wit~ou! u~aiving o~ aJ~ecting the option !o ~orec(ose ~
or a~y oiher rinJ~t herPt~nc~c~r, and ulI suc/~ pnyments sF~nII 6enr interest ~rom clete f~ereof al t{~e ~ig~est ~aw- ~
(u~ rate f~~en a~~otve~ hy f{~e ~nws o~ t~e $tate o~ F~ori~a. iF
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any sum o~ mon~y {~prPin re~PRPC~ to ~e nof prompt~y pnit~ within teri days next n(ter
the same• hecomps c1uF, ur i~ eac{e antl every t1~e agreemenls, stipu~ations, concjilions and rnuenants of said fi
note anc~ ll~is rrtorlgu,qe, or eit{~er, tere not JuIIy per~ormed, complipd wit{e ancl Q6~ded 6y, tF~en the enlire =
sum rreenlioreed in said note, and t~is mortguge, or the entire balance unpoid thereon, shall (orthwith or
tleerea ter, at the o lion o the morl a ee, bec~ome Qnd be due and ~
~ P ~ g g e o ~ya6te, anyf~ing in snid note or herein
to ihe conf?ary notu~itl~stn?tcling. Failure by tl~e mortgagee !o exercise any o( ttie rig/~ts or options {~erein ~
pro~icle~ s~nl~ not constifutp a u~aie~er o~ any righis or options unc~er sai~ note or t~is ~orlgage accruec~ or ~
t~erea+fer qcc?ufn~. ~
~n ~itness ~hereof ttie said mortqngor l~ns ~ereunto siqnPCj and SP~IP~ t~ese ?
f presenfs tf~e 2
c~ny an~l ~ear first aboi~e u~riH~n. ~
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S19fIP(1. SPpIPA 4IId UP~II~PTP~ I! P PfPSP P O~: ~
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- ~ ~ oseph Fergu on y 4
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~ Hazel erg on ~ #
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STATE OF FLORIDA, ~
CO['NTY nF St. Lucie
I HEREBY CERTIFY that on this day, before me, an ~
officer duly authorized in the Statc aforesaid and in the County aforesaid to takc acknowledgmenu, personally appeared ~
JOSEPH FERGUSON and HAZEL FERGUSON, his wif
to m~ known to be the persons described in and who ez~cuted the (or~_qoin instrument and acknowledged ~
br[orc me that they tx~cuted the sama
tC17:\ESS my haod artd offiria) seal in thc County and Statc last oresaid this ~ ~`~~~+"'••~~y~ ej
*5„-
October A. D. t9 7`3 • ' ~ . ~
` .,J' ~ iI. ' ~ : ~
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a~l.-t i~ y.~.J~b ~ r r~ ~f/
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Notuy A~;61'x. State of florrd~ et '
F~Lf D 4h - ~G~RDEO _ .
r' Ot1NTy FL1~- My Commission Fx ' d-
S?. P~~?~ _~~.Ras ~ Pres Oct. 21, 19 ~~3
CIERr C KGUtT CCURT h' ~+s Hr_~ ! S~ c~ ~ ~ . • ~,~d , ~
ptrn~•~ ~~E~.r~f!'
a
Oct ~ 15~~~73 .
Z6~SOS 800K~~~ PACF~~
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17ir~ I~cflrrmrn~l FrrFan•~l hy: Richard D. Sneed Jr. , Att orney at Law
~~~f~~~'~S 700 Virginia Ave. Sun Bank Bldg. Suite 102
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