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and shalt p~rJorm, comply u~ith a?ed abide 6y eacl~ and ei~ery the agreemenb, stipulalions, rnndilions and
co~~enonls 1/~ese~o~, an~ o~ lhis mortf+ac~e, I~en I~is mortgape nnc~ (tie estale ~ereby crentecj, s~a~~ cease. de- ~
lpra~inc+ anc~ ~ie nu~~ nnc~ rui~. ~
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~nd ttip morl~anor hpm6y f urff~er covenanfs and agrees to pay promptly whe~ due the p~inripal and ~
infernsl and ofl~rr sums o~ money prouic~ecl jor in sai~ note and fhis mortgage, or eilher; to pay a~~ and s
atn~ular Itie la.res, qssessmenfs, ~e~~i~s, ~iahi~ilies, ob~ipalions, ancj encum~r~ances o~ every nature on said pro-
perly; lo permit. comn~il or su(~e~ no u~nsfe, impuirmenf or deterio?ation of saic~ ~antl or fhe improvementa
~hP14'l`/I Q~ Q~IY ~II?1P: ~O ~PP~1 ~~1P ~Ul~(~Ifl(~S /IOU~ 0?' RPI'Par~Pr Ofl tA1Q !Q?1~ ~U~~y /IlSllf@~ j?1 A SU/II O' 110~ ~PSS
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in n cont~~~ny or companii~c ucc~•plnl~le (o f~e morfc~aflee, the pojicy or po~icies 1o he ~e~t~ hy, pn~ pnyab~e
to, saicl moNgage~, an~ in Il~e e~~ent any sum o~ mon~y bPCO~rees paynb~e 6y nirfue o~ such insurance the
mortgng~e stiaH 1~~~~p thp rictf~f to re•r~~ie~~ and apply ll~e same to the inde6:c~lness he~e6y spcured, accounting ~
fo tfiP morfc~n~tor for any surpli~s; fo pay a~~ c•osls, charpes, and expenses, includinfl Iau?yer s jeqrs and ti1le
searctiPS, rpasona~~~y in~nrr~rl or ~~ni~ {~v 1{~e morfgagee tiecause oj the ~ai~ure o~ t~~e mortgaflor to prompt~y i
antr ~u~~y comp~y u~i1h Ihe ay?eemvn~s, stipu~afions, con~ilions anc~ conenants oJ sai~ note nn~ I~is morlgage, '
or eit~~er: lo per~orm, ~umply u~itl~ and ~bide 6y each an(1 Ql~Pry ~~p agrepmenfs, stipulalions, conc~ilioiu antr ~
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covrnants sef ~or1~~ in sai~~ nole and this~ morf{~age or eifher. ~n l{~e event I~e mortgagor ~ails to pay u~tien 3
cl~te any tax, assessnt~nl, insea~nce pr~mium or othe~ sum of money payablp 6y vir(ue of sai~ note anc~ t1~is ~
morlgn~P, or ~if~~Fr, I~~i~ mort,ryaq~c~ mpy poy fhP sam~, toilhouf waivin~ or a~~ec~tiny f~e oplion to ~orec~ose ~
or any other riRl~t l~e~f~un~~~~, ~nd a[I su~h paymenfs shall 6ear intprest (rom dRte tl~ereof at 1{~e titgtieat ~aw- 2
(u~ mte then nl~oiv~~l I~y f1~~ lau~s o~ tl~e Stafe uf Flurida. ~
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Dl any sum of mon~~v ~~~r~in r.~(~rr~r( fo I~e nof promptly paic~ tvithen ~ays next a~ter
t{u~ sam~ bP~om~s dui~, or i( CAfI1 ancl c~i~~ry Ilu• AI~~PP.fllPtllS, stipa~ations, conditions and corpnants oj said
nol~ ~nd 11~is mor(yn~~i~, or ~i/I~er, are not ~urr,. perEorn~~cd, complipd u~it{~ and ab~dpd 6y. 11~en tl~e ~ntire
sum menlionpd i?i said not~, ancl l{~is n~ortgnge, or the en~ire 6alance ttnpaid tF~p?ron, sF~all )onhw~~h or
tl~erea~fer, at t{~~ optio~~ o~ th~ morlga~~~~, hrcomr anr~ ~e due and paya6le, anyfhing in salc~ nole or herein
to f~i~ (~pR1rQrV nolu~ill~sfan~Ii?eg. ]'ailur~ ~?y ihe mortgatl~e to exercise any of fhe righls or options {~erein
pro~>i~~~~ s~irt~~ nol consfitnt~ n u•nir~r o~ ony ri~~~ts or oplions uncler sai~ notp or ltiis mortgage accrue~{ ot -
1{~c•rna jl~r acrn~iny-
~n ~itness ~hereof~ ~~IP Sp1(I morlgagor lIQS IiNrPw~to sign~cl Qh~ s~aled these presenls ~IIP
(~/l)' (111(~ VPAf JI~S( (1~)OCP It~~1~~Pli,
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C~f~i~ Lin~U1T COURT ~~i ~
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~~0243 ~c II IC o? I!~'13
STA"TE ()F FL()RIDA, ~ '
CO!'\TY !)F ST. LUCIE ~
I HEREBY CERTIFY that on this day, before me, an
of(i~cr duh• authoriae•d in the Stat~ aforesaid and in the County afor~said to takr acknowledqmenu, personally appeared
JOHN E. FRADD, JR., and SANDRA HOMLAR FRADD, his wife
to m~• know~n tn bc thr ~rson S~escribed in ane! who exrcuted the for~qoinq instrument and they acknowledRed
brfor~ me th,tthey ex~cuted th~ same.
\1'I'1':KF.SS mc hand and official seal in th~• County and State last a(oresaid this l day of
October A. D. 1973.
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RY PUBLIC, ~~~rr J Ip" '~da~ , -
at ar e. M Co
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t+,+o*v . s~~ aF ~1+~~'d.~t te.w '~y
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Prepared by: ~r.y c~~,m~~:,~~ ex~~ M~, i~n~;
~y
J. Michael Brennan, Esquire ~r ~=r~~«~ f'ue 6~s~;~j;,,,,.
SMITH AND BRENNAN, LAWYERS
209 Raulerson Building
Fort Pierce, Florida 33450
IIlIS Illt//tI!!lflJ/ p/C'~~l/f~/ hy: ~O~X2~~ PA,r,t~~~V
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