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an~ s~iall perrorm, ~•omply u~itl~ ant~ nhicre by eacti ant~ et~ery 1~~e ag?eeme?tfs. sflpu~tlo?it. eondtflo~tt and ~
co~~e~ants tl~c~reoj, arid oJ lhis mortf~uc~e, Ihen this mortgage~ onc~ Ii~e estote hereby croated, shall cease, dt- ~
~PII111f1P All~ PP /111~~ pli(I I'UI(~. )
~
. If11~ f~~e mo~fgano~ ~~ereby ~u~t~er conenanls ancr agrees fo pay prompfly u?hen due fhe princepa~ and ~
interes! ancl ol~~er suo~s of money provl~ecl ~o~ in saitl nofe and t~ts mortgage, or elf{~er; lo pay a~~ and ;
singu~ar 11~e In.rPS, assessmenis, ~evies, liabi~ities, ob~igations, and encumbmnces ol euery nature on soid pro- ~
perfy; to ~termtf, commif or su~fer no tvaste, impairmenf or detertomtto~ o~ said Iand or ftie improvemenls ~
Itierncn at any fime; to kpep f{~e hieilr~ings now or ~?ereaf tcr on said land JuIIy insiue~I in a sum of not ~ess ~
~ha.~ highest insurable valus, xith mortgagee lasa p~yable clause to Kortgagees {
in a com n or com nies ~ecp ta6le to ihe mort a ee, the lic o~ Itcies to 6e I~eld 6 and a6~ !
na y n~ n e~ ~ y r. ~y ~
to, saitr morl,yn~ee, and in the even! any sum oJ money 6ecomes ~ya6l~ 6y virtue o~ such insurnnce tRe
mo~t~agee shall I~are the ri~ht lo receii~e and apply the same to the inde6ledness hereby secured, arnounting
fo ihe mort~a~or ~or any surplus; fo pay a~~ cosis, cf~argea, anct expenses, i~cluding lawyers Jees anc~ lif~c?
searchps, reasonati~y incurrerl or ~td 6y ihp morfguyee because o~ !~e ~ai~ure of fhe rr+orlgagor to promptly
ant~ jully comply u~itf~ t{~e agreemenfs, slipulaltons, conclifians an~I c~ove~anfs o( said nole and Ihis mortgage.
or eitl~er; to per~orm, comply u~ith and abide by eacl~ and BUpiry IIIp agreements, slipu~attorw, conc~ifior?s nnd
conenants sef (orl~ in saic~ note ane~ this rreortgage or eiftier. ~n t{~e event Ihe mo?tgagor ~ai~s !o pay w~en
due any la.r, assessn:ent. insurance premium or other sum oJ money paya6le 6y ai?tue oj said note and this
mort~age, or eet~ier, !tie morigagee may poy ~he same. withouf waiving or ajJecting the option fo ~orec~ose
or any othp~ rigl~t hereunder, and a~~ suc{~ payments shall 6enr interest from clate thereof at t1~e 1~igltest ~nu~-
~u~ rnle I~~en a~~oioec~ hy i~ie ~au~s o~ t~e Sfate of F~ori~a. -
~l any sum oj mon~y lierein re~errrcl to he not promptly paid within Thirty days ~next a~ter
thp samP ~w-om~s aue, or iJ ench anc~ every fhe agreements, stipu~afions, conc~itions anc~ covenanb of sait~
note and lhis mortgac~e, or eifher, are not f ully per/orrrted, complied with and a6ided 6y, ileen. tfte ~ntir~
sum menlionec~ in sai~ note, an~ ttiis mortgage, or tti e enlire ~~nnce unpaic~ tf~ereon, s(~qU -{prt~iutith or
thereajte~, at tl~~ option oJ tl~e mortga~ee, become und 6e c~ue and paya6le, anyfhing tR;`pio~~,pyj~:~ "y$in,
to I~e contrary nolu?ilhslancling_ Failure ~y f~e mortgagee to exerrise any o~ fhe righ~e • '
~ 1 ~ -
provit~ec~ shall not conslilute a iraii:er o( any rights or options unc~er saicj nofe or th~ nl1~
~~~'Ar~'~
t~ereaJler accruing. ` ~ ~ _r. r-
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~n ~itness ~hereof~ t/ie saic~ mortgagor h~s ~erpunfo signer~ aru~;c~~{~ ~sealls~
tlay and year (irst alwne u~riHen~ and the Corporate SeSl Of said Corpoi~ Eyrp . '~tq~'; ~
hereunto aYtixed. . . ~~-~~€v~ _
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Si ned. sealec~ an~ deli~~eretl in thP . ~i~~}~~~7~.t~~Q~~~~Z•,f.jfr<-
g pr~s~nre o ~
n~u
~7~j,~~ WOOD B"r.~lIiD & _ OCIATF~ ~
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Presiden~------..~~... .
Attest: ~ ~
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STATE OF FLORIDA, ~
COL'1~TY OF St . Lucie
1 HEREBY CERTIFY that on this day~ be(ore me, an
offi~er duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledgmenu, pcnonally appearcd
Arthur F. t~ood and Newart l~. Tegnazian
to mc known to be the person 8 describtd in and who esecuted the for~goinq instrument and they acknowiedged
beto~f ine that they ~x«„~~ th~ sam~. it~ the7~` official capacities as the act and deed of
~.~~p n r
S~d ~ I7"l~E~~
my~l~and and of(icial seal in the County and State last atoresaid this Zstb dap o(
December a• D- 19 73
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~ '
rfOjARY PUi2UC STATE Of FLOR{DA AT LAROt
IAY ~OMMIS810N E]~PIRES fEBR. 28. 1975
~ - ~IEML' lt~1SU~iM1CG {fNi~RWR~1~t~s. INC.
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r~,~ r~w~~~~ , a~by. GLG~iIA I. ~:axn ~165
1918 Okeechobe~ hoad ~
~t`~`~'~~ Fort Pierce, Fla. 33450 0 R
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