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anc~ sl~all perJorm, comply with ond a6icle by earl~ ancr every the agr~ements, slipulations, conditions an~l
eoi~enanls IhereoJ, nne~ oj I~~is morfga~e. Itien fhis morl~age anc~ Ihe esfpte herehy c?eafe~, s~a~~ cease. ~e-
termine ancr he nu~~ antt vuic~.
~d the morfgagor hereby ~urthe~ covenanta and ogreea to pay prompt~y when ~Jue the p~incipa~ nnd
inlpresf an~ olhe~ sums oj money provi~ec~ ~or in said nole anc~ this morfgage, or eilher: fo pny a~~ and
sinflular Ihe taxes, assessments, lei~ies, lia6ililies, o6ligolions, ond encum6ra?ices o~ every nafure o~ saicl pro- _
pe~fy: to permit, commil or suffer no urnste, impairmen! or ~eteriomfion o~ said ~and o~ 1{~e improvemenls ~
IhPreon at any 1ime: lo keep Il~e 6uildings nou~ or hereaf ta~ on said land Jully insured in a sum o( ~ot less
than pULL INSURABLE VALUE. ' -
in a company o~ companies accepfa6le to 1he mortgagee, Ihe policy or policies Io 6e held by, antl paya6le
lo, saicl mortgagee, anc~ in fhe even! nny sum o~ money tiecomes payati~e by uirtue oj such insurance the •
morlgngPe stia~~ tiavn Ihe ri~tit fo receive an~ app~y ttie same to !he inc~e6fec{ness hereby secured, accounting '
to f~e morfgagor jor any surp~us; to pay a~~ costs, cha?{~ps, and expenses, inc~ut~ing ~awyer~s jees ant~ tille :
sea?ches, reasonably IRCUrfPd or ~,~d 6y thp mortga~ee becouse oJ the jailur~ of the mortflagor to promptly
anc( ~u~~y comply u~if~ the agreemenfs, slipu~ntions, condilions and cove~iants of said note and 16is mortgage,
or eit~er; to per~orm, comply with and ab~dp 6y pa~h nnc~ every f~e agreements, stipu~ations, conditions anc~
covenanls set ~orth in saic~ note and !~u morfgage or either. In fhe ei~ent ttie rnortgagor ~ai~s to pay when
crue any tax, assessment, insurance premium or ot~er sum o~ moriey pnya~Ie tiy virtue o~ sai~ nole ant~ fhis
mortgage, or eifher, ftie mortgagee mny pay fhe same, without wai~~ing or a(Jecting the opfion fo ~o?ec~ose ,
or any otl~er ri~l~t hereunder, and all sucl~ paymenls shall 6ear interest (rom ~~n1e therpo/ at t{~~ hig{?es1 1au~-
~u~ rate lhen a~loti~pd 6y ~hp lau+s of thp Sfale o~ Floricla.
any sum of money herein reJerrecl to 6e not pro:npl~y pni~ wit{iin th1Tt~? (30) ~~a~s n~.rt a~ter
the same 6ecomes dup, or iJ each and every the agreements, stipulations, conditions and ronenants r~J snid
I note anc~ tl~is morlgage, or eilher, nre not /ully per~ormed, compliecl witli end a6ided by, tl~en 1{~e ~~n1i~p ~
~ aum mentioned in said note, anc~ 1{~is mortgac~e, or 1{~e entire 6alance unpaid thereon, s{iall fortlui•it1~ ur ~
thereaf ter, at the option of the mort_yag~e. become and be due and paya6le, nnyfhing in saicl note or I~emin j
to f~e contrary notu~ithstancling. Failure 6y the morlgagee to exercise any o( the rights or optionc ~?~rei?i
pro~ic~ecr s~ia~~ nof conslifute a waiuer oj any ?ighfs or opfions unc~er saicj note or this mortyac~e accru~~ or ~ "
thereafler accruing. Tlie mortgagees agree to subordinate the lien of this mortgage to ~
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~ a firat ~ortgage bq a lending institution. ~
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~ ~ - ~ ~n ~itness ~hereof fhe mortyagor has causecl t~ese presents !o ' ~
• ~CC~It?~oRnTF ~
s! ~ SEAL) ~e executc~ in its name. anc( ifs corpornfe sea~ to ~e hereunto a~~ixecl, 6y its , ~
:.~i ' proper oJ~icers tF~ereunto duly aulhorized, the day and year ~irst nbove written. ~ I ~
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; ~ ATTEST----------------~------~--~-----~------- ~.FA_.SNAFTVER_ OONSTRUCTION..CO._.INC..---------- ~
$Krrlary
s Signed. ~ed and liuer~d Ihe esence of : r
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~ ~1 Gi;,~! ~y--~---------=--- ----•----1...-----•----- - -
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; ~ - - C. F. SAANVER P«:~~
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, - - - . . ~ - - - ~ f tEa a~coRCEO
~ i wc~E tcuKtr Fu?. E
~ ~ " R4G%~ ~J~~iIAS
~ C~E1~K CtfiGt1~T COURt ~
~ RECO?C YEP.~~ iEO.r-~•~' -
~ i - o~~e .z~~+~~3 ~
~ ~tate of ~~DA ~
2'71300 i
~ ~ ~Q~~ Qf 3T. LUCIE
~ me icrr dul u?l~wixd in 11~e Slotr anrl Coun1 a onwid to tu4e «~e - ~
~ 1 HERERY Cf:KT1FY t6ae wi ~6,. dny. br?o.r . w~ ~1 r a r/ d9 3
- menfs. ptrwno~~y appearr.~ -
Y I~ C. F. Sha~rver
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~ u~r~~ ~nuum lo me to tie Ihe ~rtsiJrnt o~ lhe cnrporation named m '
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morlgogor in t{~e ~or.-going instn~m~nf. onJ f~.of l~ey xve~~~ ac~nouatagrd ~eecuting I~e wme, in I~e p?~stnn o~ lu~o wbscridir+g tuitrvasrs,
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~ (rev~p on~ ~v~unlan~y un~ler authw~ty ~1ulv rrste~ in 16em ~y wid corporalion and t1~at t1~e xa~ a(~iued 11~tnlo is Itie Irut corporale sea~ o~ i
wi.~ rcvjwrnNon.
~~~(T\I:~1 my tian.~ an~{ u~~icial xu~ in l~e Couryy and $!de ~osl o~orewid lhi~ 218t ~ay o~ December {
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~ : ~i ~ ~ ~ . Notary Pub .
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; 'L ' Mq Commission Expires : -
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F~ ~ NOTARy PUBLfC. State of Fbrida at large
i l lil~ /~r.c/nui~~~~~/ n' nt~ c~ f~y:~ . ~~musion Expires DecemOer 18, 1976
y~ P F l ~oi+Qed iAni AUTO.OWNERS INSURANCE Cp,
,R ,tJ,/nxs 6 01~22~ M~ 6~6 -
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