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ond s1~a11 pe~j~um. romply wilh and n6ids hy each arul ei~e?y ths apresmenis. stiputallo?is. c~onditions and ;
conenants t6rreaj. and o( this morf~~gr, th~n tkts mo~t~aA~ and thr estat~ hereby c?cated, shnl! ceass, de- i
te?niine and be n~.I1 aral ~*otd.
tl~p mo?tgup~r hen•6y ~urthe~ co~~enants ond aprees ~o w~y P?n~P~ly wh.n du. ~he P.tnri~l and
infe~rsl anc~ olher sums o( moury provi<~e~ Jor in sai~ note and this rnort~age, or etftisr fo pay a~~ a~d
singu~ar Ihe fa.res, ossessmvnls, ~e~?ies, lin6ilitiPS, od~igations, nnd encum6rnnc~es of every nNure on said pro-
pe?ty: fo pe~mif, rnmmif or su(~er no u~asle, impai?me~~! or deforio?ntion o~ said ~ond or l~e improvementt
ll~e~rcn at any lime; to ~t~pp tl~e huil~Iinfls nou? or he?~a(te~r on ~atd la~d jul~y insured in a surn of not ~ess
~i~an hiqhest insura~lg a ue
in a i~ompany o? c~ompnn~es accepla6Yp ~-7Tie mortpagee. fhe po~icy or po~Icies !o ~ hPld by, antr pa>nb~a
to. said morlyaqee, and in the enent any sum o) money 6ac~omes ~~61e 6y nirtue of such instuance the
morlgagee s1~a~~ hai~e il~e rigti! lo receine nne~ apply fhe same fo fl~e indebtedneu ~ereby securec~. ac~ounting
fo I~e mortgnnor ro~ a~y surplus: lo pay a~~ cosfs, charfles, PX~71SPt, includi~g ~awyer s jees an~ fit~e
searcties, reasonably incurrc~ o~ ~~d br ~hp mwt~aAee bacaiue o~ ti. ~ Jailure o( !tie ~nortgagor fo prompf~y
un~ f
u~~y comp~y u~ilh I~ie agreemei~ts, stipu~alions; conditions and covrnanls o( said nule and itits morfgage.
or eillier: Io per(orm, rnmply u~ith and a6ide 6y each and every the ogreements, stipulations, condilioru and
covenanls set forl~~ in sai~ nofe anc~ Ihis morfgage or eittier. ~n f~e event I~e mortgagor (ai~s to pay w~en
due any lax, assess:nenl, insurance premium or oll~e~ sum oj money poyab~e by rirlue oJ saic~ note anc~ this
morfgage, or eit{~er, I~e morlgagee may pay ftie same, withouf wuiving or ajfecltng the oplion to Jorec~ose
or anp oll~er rigl~f {~errun~er. and all such paymenls s6all 6ear interest j~om date Ihereof af t1~e higl~est law-
' ~11~ M~P ihen A~~OtUCI~ hV ~~~E' ~n~l~S Of /~1P S~QIP Oj F~OII~~.
~I ~ny sum o~ rnor~ry tiprei~~ re(erre~ to he not prompf~y paic~ within 3~ dnys next a{ter
thp same~ 6ecomes diee, or i~ each QR~ PI~PIy I~IP a~~PP/RPlIIS. stepu~alions. eonclilions and eovenants o~ saitl
note ant~ Il~is morfgage. or eilf~er, arp not fu~~y performecl. rnmpliea wit1~ and a6~d~l by, tken ll~e entire
sum mention~ in said note, and this mortga9e, o~ 11~e entire 6alance unpaid lhereon, shnll JortF~with or
tF~e~f
ten at th~ option o/ fhe mortc~a~ep. 6ecome anc~ 6e due and papa6le, anything in said note o~ I~erein
to 1~~~ conimry nolu~ilhslmuling. I=ailur~ 1~y 1he morfgagee !o pxercise any oj fhe riQhis or options ~erein
pronirlc~ shall not constiiufe a u~ai~Ter o~ any rigtils or options un~er sai~ nofe or fhis mortgage accrue~ or
therna(f~r accruinn.
~n ~ditness ~II~OL~ t{~e sai~ morl,qagor tias I~ereunto signe~I an~ sealecr t~ese presenfs fhe
c~ny an~~ year jirst ahore u~riNen.
Si9n~tl. sea~etl and t1PIi~•~rec~ in 11~e ~MSP/ICP o):
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- -RO RT BU ESS
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THERESA R BURGESS
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STATE OF FLORIDA. ~
COI;tiTY (~F St Lucie ~
I NEREBY CERTIFY that on this day, bcfore me. aa
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of(icer duh authorized in the Stat~ a(or~said and in the County aforesaid to take acknowledgm~nts, pertonal~y appeared
ROBERT E BURGESS and THERESA R BURGESS, his wife ;
to me known to be the pe~rson Sdescribed in and who executed the (or~qoinq instrument and tYl@y acknowkdged
~ be(ore me that ~e~xtcuted the sune.
~CI7:~ESS my har.d and official seal in the (:ounty and Statr last aforesaid this 29{~ d~Y ~
July D. 19 74
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!lris hulniur~n/ pn-pnrr'd Gy: American Homes and Mortgage,Inc ~
A,/,/,~~ 5216 Sunshine State Parkwy Feeder Rd. Ft Pierce,F2a 33450
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