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• anc~ sI~aII perjorm, ~-omp~y u~il~~ an~ atiic~e ~y ~c~ an~ enery Ihe ~greemenfs. alipu~ation's. rnndilions ar~ ~
ca~~enants I~iereo~, nnc~ o~ 1~?is morl{~a{1e, t~en fhis morlpage and Ihe PSIOIP hereby crnuf~, stiu~~ cease. d~- .
tprmine and be null and iwid.
~nd the murtganor here6y (urlher co~~enonls and agrees fo pay promplly when due ths p?incipal and
inferesl and of~ier sums o~ money provtclc~I ~or tn said nofe and thls morfyage, or eithe~: fo pay a~~ nnt~
st~n~,lar _thp la.res. ass~ssm~nls, ~evies, ~in~i~iti~s, o6~igafions, nnd encumbronces o( every nafure on totd pro-
perfy; fo permil. commil o~ su~~pr no u~dsle, impat~menf o~ defe~iorofion o~ saic~ ~an~ or f~e ~Itlp~'OVBIIIBRIf
i{~Nrei~n al any limp: lo kPpn the tiui~c~ings nuu~ o~ hema~ti~r on cnic~ (anc~ ~ully tnsure~I in a sum o~ nof ~ess
tf~an SIXTY THOUSAPID AND NO/100------------------( $60,000.00)w------
in n company or cv~mpani~s accepla~Ie fo I~e morfgafl~. Ihe po~tcy o~ po~tcies to be hetd 6y, a?ed paya6le
to, sal~I mort~agee. an~ in the enent any sum of monny bpcomes paya6le by virtue o( auch insurance the
mort~a~ee s1~uU hane the right to receine and apply the same to tl~e inde6tedness hereGy secured, occounttng
fo Ihe mort~anor (or any su~p~us; fo pay a~~ cosfs, c•{~a~es, nnd expenses. inc~uding ~awyp~~s fees and fil~e
sea~+ctiPS, reasorea~~y int'u?retl or na~d by thp morfgagee {~ecause oj the jailure o( Ihe mortgogo~ fo prompt~y ~
nncr Ju~~y ~•omply u~ith fl~e apreements, slipu~alions, conc~ilions and corenartts oj said nole nn~ t~is mortgage. ~
or eilher: fo pe~Jo~m, romply u~ith an~I a6i~Ie by encl~ ancl et~ery Ihp agreemertts, sfipu~ntions, conc~itions aner ~
coi~enanis sc~l jorth in said note ant~ lhis morfgage or either. In fhe event the mortgagor (ai~s fo pay when
clu~ any far, assessmenf, inst~rance p?emium or ofl~er sum o~ monay Poya6[~ 6y ni?tue oJ saicr nole ancr ftiis ~
mort~age. or ~il~er, l~~P morf~ag~e mav pnv fhe sam~, tuilhotd waining or ajlecting ttie opfion lo ~orec~ose
or any olliPr rigl~f I~PrP~ui~pr, ant~ a~~ suclt paymenfs sF~ol~ 6enr interPSt ~rom date IhereoJ QI II1P IIlgIIPtI IQW- ~
,ii~ fti~i' ~7i?tt ti~~t](tT£t~ ~tY ~7~l~ ~!!!!~S O~ ~~P ~~A~P O~ ('~O/t~Q. _
DL any sum oJ mon~•y ~~Prein re~erre~ lo he not prompl~y pa5c~ wifhin thirty aeys nexl a(ter
fhe samP ~u~c-om~s ~u~, or i~ enc~ an~ PI'PI'y II1P agreemPnts, siipulutions. conclitions an~ coi~enariis o( sai~
nofe and 11~is morf~~a~le. or Pitli~r, are no1 )ully per~ormecl, complied wif{~ an~ a6~d~1 6y, t~en Ihe entire
sum mentioned in said not~, and Ihis mo?Igage, or the entire 6alnnc~e unpaid tieereon, sha1l ~orthwith or
lhereaJter, at th~ option oJ th~ mortga~ee, b~come ancl 6e due an~I paya6le, anytl~ing in said note or herein
fo 1{~~ c~onlrary noh~~ilhslanc~in~_ ~'ai~ure 6y Ihe mortgagee to exercise any oj the ?ights or optio~s {~erein
pro~~ic~c~c~ s~~aQ nof ~onsfifufp n iraivPr oj any ri~~ts or options ~uu~er saic~ nofe or itiis mortgage accruea~ or
i~erea~fer acr~uing.
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~n ~itness ~hereof~ tl~e said morlgagor l~as I~Preunlo signecl anrl seale~I thpse presenfs Ihe ~
~~ay anc~ yc~nr Jirst alro~~e ~rrilfen_ ~
$igne~. SPQIP~ Qllt~ tr~~i~~er~c~ in t~~~ pr~sencp o~:
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• Mar Srowa
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S'I'ATE UF FLORIDA, ~
~ CnL'\TY OF DADB , ;
[ HEREBY CERTIFY that on this day. beforc mt. an ~
o(ficer duly authorized in the State afortsaid and in the County aforesaid to tak~ aclcnowledgments, personaliy appeared t
MIQ-IAEL J. BROWN AND MARY ATII~J BI7JWN~ , HIS WIFfi ~
to me known ~to br the prrso~g dtscribed in and who ea~cut~d the for~¢oinq instrument and triey;°~+a~
~ befor~ me that they ~x~cuted the same. ~
~`i. : • .
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~VI'1';~ES~S my ha~id and afficeal sta) in thc County and Stat~• last aforesaid this "1'••'~ •d~Y
; i, ~ ~ . V••i~~, il"I '
~ ~u~y A. D. 19 74 ~ c.-
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- ~ f-:V 1. . . _ Vt ~ ~',+.(:'Ui~ ~j L~1R(::
~ t -,~r.~ X' -c i.'. 9 1977
K~)~.u..J ~I~~._. v~.. ~:J.l 1.~~_.....;~a..: .,~U:%'.~N~f: .
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J .tiTl' fLA.
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%%ir.~ l~r.rln~nr~~ttp
r~pnrr~il hy: Frank H. Fee AUy ~ 36 ;
Y
r;Y Fee, Parker & Fee ~ t ' ~
;1~fJrr~s Fort Pierce, Florida _ ~~~~~~b`; ~
~ ~a 2~58 , ~
~ BU;~K ~?JU PAGE
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