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anct shall perJonn, conij~ly ~iith u~ul ul.iile l?~/ ~uch un~l ~~a~r~ ther u~;rce??ie~~ls, sti~~ulalior~s, co~i~lilioru anct ,
couenants Niereof, and o/ lhis n~ort~;u~;e, then d~is mart~;u~e u~u! thc estatc herehy creuled, sl~all cease, cie• . ~
^ termine and be null ancl vaict.
~ the mortgagor here6y further covenants n?u! abrP~s to }~uy }~ro~nptty when due the Nri~ictpal and
interes! arui other sums of mo~iey ~~rouuled /or iu said note arui thts mart~;age, or eitiier: to pay all a?u~
sir?gular the taxes, assessments, leuies, lia~~ilities, obli~;atior~s, and e~~cumb?aiues of eoery nature on suid pr~op-
erty; to pern~it. commit or s~~8er no icaste, i?n~werment or cleterioration o/ sutd latul or the improc.::.....••!
thereon at an time; to kee tl~e buildin~s naw or hereu/ter n said la f Ih u~ired {n a sum of not less
rhan 3even Thousand, Five Hundred ahc~ no/1~ ~o~l~ars ~ 500. 00)
t» a com~wny or com~wntes acce~~table to t1~e mortga~;ee, t)ie policy or policies to be he?ci ?~y, o?ut payable
fo, saicl mortgagee, anct in the event an~ sum of money becomes ~wyal,le Gy virti~e of such i~uurance fhe
mortgagee shall liave ihe right to receioe mid ap~~l~~ tl~e same to the indeLtedness hereLy secured, accounting
to flee mortgogor for an~J surplus; to ~wy a1! costs, charges, ond expenses, incleuling latc~er's fees and title
searches, reasonably incurred or pair! b~J the mort~;a~ee becaase o/ t1~e failure of tl~e mo~'tgagor to promptly
and fully comply u:ith the ogreements, stipulations, corulitio».s and couenants of soid note aru~ this mortgage,
or eiti~er; to Nerform, comply icith and ol~ule Gy cach anc! euer~~ the agreements. stipulatrons. conclitions and _
co~enants set forth in said note arui this mortgage or either. ]n the eucnt the mortgagor foils to pay when
due any tax, ass~ssment, insurance premium or other sum of mone~ jwyable by uirtue of s+ziti :~%!e.arul thu
mortgage, or eitlter, N~e mortgag~e may Jwy H~e same, utithout u•aiuing or a~ecting the option to foreclose
or any other rirht I~ereu~uler. a~ut all such }wyments s1~oU Lear interest from date thereof at the hi~l~est 1aw-.
ful rute ihen oUoued by tl~e lau;s of tite State of Floriclu.
any surr? of money herein rejerred to be not promptly ~wut icitl~in ~hirty days next nfter
ihe same becomes due, or if each und every tlie agreements, stipuldtions, co?ulitions and couenants of said
note ancl this mo?tgoge, or either, ure not fully per~ormed, complied with arul abided btJ, dien the entire
sum mentioned in saul note, and this mort~age, or the entire balancc unjwid ihereon, siial~ forthu;ith or
tl~erea/ter, at t1~e oNtion of the mortgagee, become and Ge due anct JwynLle, anything in said note or herein
to the contranJ rtot~cithstaruling. Failure by tl~e mortgaaee to exercise anf of the rights or options herein
~rooirled shall not constitute a uait~r o/ any rights or optio?~,s under said note or t1~is n:ortgage accrtred rn'
thereafter aceruing. r
~n ~~'e0f
~ the said mortga~;or has hereunto signed ancl seaied ihese presents the
cIay and year firs! al~ooe ~critten.
Signed~ sealed and d lir.ered in the presence of:
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STATE OF FLORIDA, ~
COUNTY OF St. Lucie
I HEREBY CERTiFY that on this day, before me, an
oH'icer dtily authorizeci in dm State aforesaid ancl in the County aforesaid to take acknovvledgments, personally appeared
Robert A. Ulgur, a single adult
to nx• k~N~~~•n to I~• tM• 1x•rrnn d~•~crilx•d in :?nd ~~`M~ ~~~iti•~~t~•d tlx• fu~rt;uinK in.Uunx•nt :?„a he :~ckno~rleKl(Ct~l
I~r(ore ux~ th:?t he r\lY'lltlYl Illl' ~:Illlt''
8 th day oE
~~'1'I'\F.tiS my h:wd and ulfici:d x•:d in th~• Co~~nt. an~l tit:dc lact :?fon~.a;d th~s
August t~. ~`?74. ~
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-a-~~ - i ~ - _
_ NOiARt PUBUC STAiF pp FLrg;OA AT ~aRGE
; MY COAWISSlp,~t EXPtk=S FE4. 8. 1977
~ 80NDED iHRU GFNFRq~ ~NSU2a{~Cf UNDERwRiiERf
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Documentary Stamps affixed to orig. note ~~~~~a'_-~~~"_
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