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~n~~ s~ia~~ p~~r~urm. ~•um~~~v u~it~~ nn~~ af~i~~~ ~~y ~~ac~~ an~~ ere?y t{~e af~?eements. slipu~aliwis. c-ont~ilions anc~
~•o~~ei~anfs f~u~~~u~. u~u~ c~J f~~is rnurt}~nqe~. fliPn t~~is mo~tgag~ an~~ I~P PSIA~P herrtiy CfPQIPC~. s~~a~~ cease. c~e-
It~rmin~ an~~ nu~~ ~in~~ roi~~.
I1n~ 1~u~ morfq~~gor ~~~vo~~y ~urf~~pr covennnls nnd aprnes fo pay prompt~y when ~Iue fl~~+ pri~u•ipal ana
inferc:sl cuul oflzi~r sums o( mon~y prori~~c~c~ ~or in sai~ note and Ihis morfga~e, o~ eil~~er: to pay a~~ and
sin{~u~ar f~~e fax~~s, nsse~ssmi~nls, ~~~~i~~s, ~in~~i~ifies, o~?~i4~ations, ancr encumE~mnces oJ ei~ery nafwe on said pro-
pprly: to pt~rmil. commif or su~~er no u~cisl~, impnirm~~n! or del~rioralion o~ said land or Ihe improaemenb
t~~~~rr~•n nf any iimi~: tu ~i~ep tl~~ hui~c~in~?s num or ~u>ma(!rr on snicl ~tuu~ ~u~~y insurp~ in o sum of nol ~ess
rh~~~ highest insurable value
~ in a i•ompan~ or ~•omp~ni~•s acc~pla~?~e lo 1~~e morl~~aqee. I~~e po~ie•y or pu~ic•ies to ~ie hy. anc~ payab~e
fo, said murf~~og~~e, aud in Il~~ e~~~nf nny sum o( mon~y I~ecomPS payable 6y i~irlue o~ such instaance t{~e
morfgnq~~~ sholl I~a~~r Il~r righl lo r~~•~io~ and apply I~e same fo Ihe intlebtedness I~ernLy sPCUrecl, accounting
l0 1~~~ morl~~a~~or (or any snrp~ur, lo pay a~~ ~•usfs, ~•~~nn~es, and exppnses. inc~uc~ing ~auryer~s Jees ana lif~e
cP~r~-{~~s, rrason~~~i~y in~urrn~~ or pai~~ tiy 1~~e morlga~~~P ~~PCQIlSP o~ f~~e ~ai~ttre oJ fhe morffla{~or to prompl~y
an~ ju~~~ comp~y irif~~ 1~~P a~~re~m~i~ls, stipu~nlions, con~~ifions ancl ~o~~enanfs o~ saicl note an~I tl~is morlgage.
~ or ~ill~~r; to pPrjorm, complp u~itli a~~d a~?ide by eacl~ an~1 ~•very 11~~ agreements. slipulafions, conelifions ancr
coi~~nnnlc s~f ~ort~~ in snic~ note anc~ fhis morfgn~e or ~ither. In 1{ie Fi~pnt the mortgagor (ai~s lo pay wf~en
c~u~ anv tnx, assessm~~nt, insumn~-~ pr~mium or olli~r sum oJ money pa>ah~P tiy virtue o~ saic~ note anc~ I~~is
morlt~at~e. or eil~~~r, t~~v morl~~a~~~e~ may pay I~~e sam~, tnithoul tnaii~ing or nj~ecliri~ fhe oplion to jorec~ose
or any o~{~rr rigl~l li~r~ur~d~r. an~l all sucl~ ~ymenls shall 6enr interpst from (IAIP fl~ereof at t{~e f~i~F~est lau~-
(a~ rnl~ 1~u~n a~~o~ve~~ ~~y f~~~ ~rn~~s o~ t~« ~fafe o~ ~'~ori~~n.
D~ anV sum oj ~no?u~v ~i~~r~~iu r~(~rr~t~ to I~e not prompfly pnia u~if~iin ten t~ays ne.rt aJter
I I~u> sam~ ~,c~c•omrs ~~ui~. or iJ ~ac~~ an~ ~~~ery I~~e agreemPr~ts. slipu~afions. con~~ifiuns an~~ co~~enanls o~ sait~
~ nole ancl tl~is morl~~aqv. or ~i1Fi~r. are nol ful~y perforn~~tl. comp~iet~ u~ilh nncl abi~~ec~ by. f{~en t1~e entirP
` sum m~ntion~d in said ~~ote, and tl~is morlc~age. or the entire 6a~ance unpaid t{tpreon. sI~aII forthwitl~ or
f{~erea(ter, nt t~~~ optic~n o~ 1~~~ morl~a~~e. ~?ecom~ anr~ ~P c~ue anc~ payah~e, anyt~infl in sai~ nolp or herein
to 1~~~ con/rnn i~ohnif~~siant~inq. I~ttilur~ ~~y t{~~ morfga~~e !o ~xPrcis~ nny oJ ihe ri~hts or options ~erein '
' pro~~ic~~~~l s{~u~~ nol consliluf~~ a ~rni~~~~r o( any rig~?s or opfions unt~er sai~~ note or t~is mortgaye accrue~~ or
I~~~rnajti~r ar~-ruinn.
~ ~n ~itness ~hereof~ l~~~• sni~I morl~~a,ryor ~~as I~Prvunto signe~ anr~ sFa~e~ 1{iesP presents fhe
~~oy ont~ yc~nr jirsl a~?o~~t• u~riffen.
Siqnc•r~. ~ u?u~ ~~~~ir~~re~~ irF ~u~ pr~•srnri• o~:
C~`~ " w
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[v ,
. . . - / . .
William A. Mor
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~ via . -Morgan
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STATE OF FLORiDA, (
cc~t~~~~~ c~F St. Lucie ~ _
I HEREBY CERTIFY that on this day, be(ore me, an
of(i~cr dul.• authori~~ii in the Stat~ a(oresaid and in the C~unty aforesaid to tak~ acknowledKmrnts, p~nonally app~ared
i William H. Morgan and Sylvia K. Morgan, his wife,
to mr known ta FH• th~~ p~•r.son S described in and Nho raeeutrd the fore¢oinq instrument and they acknowledqed
beforr me that they c~ecuted the sam~.
~~'ll \ESS r~n• hand and of(icial ual in th~• (:ounty and Statr last a(oresaid this 19th day of
Apr i 1 n. ~ 9~~ ~ ~ .
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_ _ ..L~:~_._--_~ .........G~-~L~.. -
. . _ _ .
~ rotary Public
~ State of Florida at Large
TH!S INSTRUMENT PREPARED BY: My commission expires :
~ Frank H. Fee, III, Esquire, of
` . A • ' ..u~u~~~~~~ ~ . .
Fee, Parker & Fee, P ,~f 7S ~Lr~ . ~.,,,,,:4, ;
first Federal Building . • • • . ~ ~ ~
. ,
Fort Pierce, Florida 3345.0. 'i ~ ~ • ~;s-
,
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4l r~RIF1E~ O " .
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I lr?s In~~mnrr~rl prr J+~rrr~! 1~~~: b tJ
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eooK 226 P~~E 1396 ~~oQB~ _
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