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a,~d :hall pe~jorm, oo~p[y wtrl~ ond n6td• 6y .~h and ~u~r1+ th~ ag•e~nunts, attpulations, condit~ona and #
oownanb tlt~rwj, ond oJ tl~ia mortgage, then tkia moregaga and tl~e estats 1~.~6y creat~l, ahall ceaae, d~- ~
tormin~ arid 6~ nul[ ond uotd. ~
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~ Ike nwrt9ago? hereby /uMhe? oownanb and aore~s to pay promptly wken due tke princtpal and
~nterest a??d other swna of money provided /or in said noto and t~ia morlgage. or ~it~tr; to pny al~ nnd
singu~ar~ !he tnxea, wsesamenta. ~tviea. ~labl~tlies. ob~igailona, and encumbrances of every nntun on satc~ pro-
perty: to permlt. commit or •uf~er no waste. impatrme~t or detertoration o~ said ~and or tl~e improven~enta
thereon at any ttme; to I~eep the 6u1Wi~9i now o? he?ea`ter on said ~anc~ ~ully insurec~ in u sum o~ nof ~eu
ehan- highest insurable value
in a c~ompany or compantet aeceptab~e to t~e ntortgagee. the po~tcp or poucfes to be ~e~ by. ~d ~yabl~
to, iaid mortgagee, and in the event any sum oj' money becbmes ~yable 6y virtue o/ such inaw~ance the
rnortgagee shaU hane the right to receine and npply the same to the indebtednesa kere6y aecured, nccountinA
fo t{~e mortgagor jor any awplus: to pny nl~ c~wfs. charges, and expenaes, inc~uc~tng ~awy~ s~eea and tit~e
searc~es, reasona6ly incurrecl or paid 6y the morteagee becnuse o~ t~e f
at~we o/ the mortgagor fo prompt~y
nnd'u~~y comply with !~e ngreemenb, stipu~afiona. eondifions and covenants o` sntd nofe and lhii mwtgage,
or eiti~er; 10 ~perjonn, ~o~iy wttk a.?d a6~de 6y ~~f~ a?~d euery the agreementa, stipulattona, condtlions and
c~ovenants set /orth in said note nnd tkis mortgage or either. in tl~e event the mortgagor jaila to pay wl~en
due aay tax, assessment. inswance premium or of~er aum oj ~oney rxiya6l~ 6~ vi?tue o` sa~ note and this
rnortgnge, or eitf~er, the mortgagee may paq f~e same, wtihout watving or a~jectIng the option to jorec~ose
o~ any other rigl~t kereunder, nnd all suck paymenb shall 6ear inte?est jrom date thereoj at ti~e htghest law-
/uI ?nte then albwed 6y the laws o/ the State oJ Florida.
any sum.oJ money herein refen~ed to I>e not pro:npt~y paid wit~in ten~ daya next aJter
tl~e same becomes due, or ij each a?td euery t6e agreemenls, sttpulalions, conditions and covennnls o~ snid
note and this mortgage. or eit~er, are not f ully per(ormed, comp~ied wlth and nbtded 6y. tken t~e entire
sum mentioned in said note, and this mortgage, or the entire 6olance unpuid t6ereon, al~all /ortluuitl~ or
thereafter, at the option o/ Il~e mortgagee, b~o~ ~d be due and ~xiya61~, anytl~ing in said note or herein
to the contrary notwithslanding. Failure by t1~e mortgagee to exercise any o( tl~e rights or optiona herei~
prouicled ahn~~ nof consfitute a u~aIver o~ any rights or options uncjer snid note or this morfgage accrued or
; therea~ter accruing. _
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P 0 %i'v ~.n gT.
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1:w 1972 : f
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. p•^ (CO ~ AT~ ~n t~?e mo?tgagor has causecl f/~ese presents to
~y1,pja 1~~,.~' ~ be executec~ in its ?inme. and its corpomte sea~ !o be ~ereunto n~(ixec~. by its
R 4j , proper o~f
icers t{~ereunto duly authorized, tke dny ~d y~ (int a~iove wrltten.
"'•~~n~ ~'~;i1~ ' s
~ ; GULF-ATLANTIC INVESTMENTS
" OF FORT PIE~tCE....INC .
~ ,f.~ _ .
ATi'~ST:--- ~ • - _
; Josep, . trazzulla - ~~~a.,. .
! Signed, and e t1~e presence oj:
,
€
' •-a.~.t~-.L?SE.'..•..._..._._ .------•-----•--Pres~dent
~ • Patrick B. Lal
~ ' - ~ .;.;=RQED , :
~ --._t~..?~.a~.~.l.... . _ . Ft;.Ei _ .
~ ST.t:;~,~ ,,_LkRAS~A. \ ~
k i.: = ~ ~
~ ~~Err ~_;~ii CCJRT
~ ?.F~. - ~ ' I
~ ~8 4 ia PM 1?~
Ol FLORIDA ~ ~ ~~~J
ST. LUCIE
1 HEREBY CERTIFY dw~ ~ ~h~s dar. 6./~ ~ o(/icer ddr au~lwrired ~n tbe Sra~~ a.d Ca,.ur a/w.~d ~o ~~k acb~«.~1~-
~ me~t:. vr?sondly apware~
Patrick B. Lally and Joseph P. Strazzulla
~ u.~tt ?~n«..~ ~o ~ ~o ~ti. Pnridenl ond Secretary .~~~a~, d~ ~ ~s
~ ~ morfgagor in Itir ~ongoing instrumrnL and I~af ttitr serern~~y ot4nou~edged areculi~g I~e .:ome. in l~r pres~ncr oj lu~o subacribing atitrvssrs.
~ (nely and ~olunta?ily uMl~r au~6oriry duly ors~ed ~n ~6em 6y soid cnrporo~ion and J~or ~?~e sral a~/ii~d ~?r?eto is t?~e tnu cnrporote srol oi
~ soid corpardion_ ~J( ~ _
~ ~lRi~E.C$ rwy tia~ ond o~~iGO~ sea~ in !/~e Counly ar~ $lale ~nff o~anw[d ltiis i?' J c day o~ Mareh +
~ n. n. ~9 74 . ~ ;
1 #
~ .e ;
~ +
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THIS INSTRUMENT PREPARED B1~ Gi! ~ 1 v~ , ~
R
~ Ftank N. Fee, I!!, Esquire, Of . Notary --Public' ~
~ Fee, Pa-k~r & F~e, P. A. State of Florida at ~erqe~ ~ 7 .
~ First Fedz~al Building = : ; _ ~
v~
fort Pierce, Floride 3345~ My commission expireGsm : ~
~ ~ ' ~ ~
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~ T/,u I,urru„u„i pKp~rr,rd by: p - ~
~ Addrr.~ eoo~225 P~1394 ` ~
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