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~ ~ and sl~all perJorm, comply u~ith and a6ide by ench nricl eaery the agreements, :Iipulattons, condilions and
conenants t{~ereoJ, and oJ lhis mortgns~e, then lhis mortgage ond !hn estate hereby created, shall cease, de-
termine an~ ~e nu~~ an~ noi~.
7i~ Ihp morfga~or ~~en+tiy (urthe~ covenants and agreet to pay prompt~y w{~en due t~e principa~ and
interesl anc~ olher sums o~ money provic~ec~ (u~ in saic~ nofe ~n.~ ftils mortgage, or eilher: to pay a~~ and
stnflu~a~ fhe fa.rps, assessmenfs, ~euiea. ~iabi~ifies, ob~tgations, nnd encumbmnces o~ every nafure on said pro-
perfy: to permil, commil or suf~er e~o u~asfe, impairment or deferiorafion o~ sa~d bnd or ttie improvementt
Itiprrcn af any time; ' ~ ~
~ nd o.abi e hy all provisions of the aforesaid Declaration of
~ond~mi~~; .
.
; to pay a~l c-osts. ~~e~r~es, anc~ expenses. ~ncludina ~awyer s`PPS and tit~e :
sparrhes, rensonati~y incurrcKl or ~a~d 6y tl~p mortgagee 6ec;~use o~ !he ~ai~ure oJ fhe mo?fgngor !o prompl~y #
ancl fu~~y comply u~i1F~ t{~e aflreemenfs, stipu~ations, conditio?is ant~ covenants o) saicl nole and ll~is mortgage.
' or eil~~er; to per~orm, comply u~itli and a6ide 6y eac~ ancl every ttie agrepmenls, sfipu~alions, conclifions and
conennnls sef Jorlf~ in saic~ nole nncr this morfgage or either. ~n t~e event t~e mortgagor ~ai~s to pay when
due any tax, assessmeiit, insurance premium or of{~er sum o~ money payable 6y viriue ol saic~ nofe anc~ i~is
morlga~e, or eit~~er, the morl~agee may pny fhe same, witl~ouf wuiving or aJ~ecling fhe option lo ~orec~ose
or any oil~er ri~{~i IierPUntler, and all suc{~ payments shall 6ear inferest from date tl~ereoj at the highest lau~-
~ul rale then allo~oed by IhP ~aws o( the Statp o~ Florida.
any sum o~ mon~y {ierein re(erre~ to 6e nof prompt~y pai~ wifhin _30_ days next a~ler
fh~ same tiei•om~s c~uP, or iJ each a?i~ every tl~e agreemenls, stipu~otions, conc~itions ana covenanfs o~ said
note und this mortgac~e, or eilher, are not -~u~ly perjormed, complied wilh ancr a6iclec~ 6y, t6en t{~e entire
sum mentione~ in said note, and lhis mortgage, or the entire 6alnnce unpaid thereon, shal~ forthwilh or
l~ereajter, af f~~ option o~ thp morfgagee, become and be due and paya6le, anyf~ing in saicr note or ~erein
fo t~~ ronlrnry notu~ithslanc~inc~. F'ai~urP ?,y thp morlgagee !o exercise any of ({~e rights or options herein
provicrec~ sha~~ not consfilule a u~ainer oJ any ric~{~fs or opfions unc~er sai~ nofe or f~is mortgage accruee~ or
f~ierea~ler accruing.
~n ~itness ~hereof~ fl~~ said mortc~a,yor h~s herpunto sit~necl an~I s~aled these presents t{~e
~ay a?u~ year jirsl atiore u~rilteri. -
Sig?~ed. sPnlecl and d~1i~~~rnd in th~ prnsencP o): v.
:
- - ~ - - - --r~f'~-
' Frederic J. P ate ~
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~ STATE OF FI.ORIDA~ ~ - , -
~ coc~TY ~F ST. LUCIE ' y • - s
~ I HEREBY CERTIFY that on th~s~a~. ~~ij.+~mfy an '
a ~`1 •
~ officer duh• authorir~d in the Stat~ aforesaid and in the County aforesaid to talc~ acknowledgmSO~~ ~eraon:ily ap,pQ}tE~ ,
~
° FREDERICK J . PLATE ~ : ~ ~ ~ ~r;
~ ~ : - ~ ~ _ • • k~1 ~
to me known to }x the prrson described in nnd who ezecut~d the for~qoinq instrument srtd~ ~l~r ~ acknowWd
~ / ' .
~ beforc mc that he ~xccuted the same. '~~_~,~f,:~ ~
~ ~~'I'l~\ESS my hand and of[icial seal in the County and Stat~• last aforesaid this 5~•,~'••••••''.~ dax`o(
r March A. D. 19 74. r:^.~~',-
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.P-/-G-
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- OTARY PUBLIC, tate of Florida
at Large. /
_ ,..;.~.o My Commission Expires : - ' b
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