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and shall per(o~m. comp~y wllh and abid. 6y ~h and ei~ery f~~ ag?+ements, stlpu~utto~s, condtliona and
covenants tke?eoj, and of Ihis mortgage, the~ this mortga9e and ih~ ~~tnte he?+eby c?eated, shall ceass, de-
lermine and 6e null and votd.
~d Ike mortgagor l~en+by ~wihar covenant: nnd ag?ees to pay promptly when due thv prtncipal and
tnte?est and ofker su~ns o~ moner prouidvd for in satd ~ot~ nnd ttilt mo?tgags, o~ eifhe~; to pay a~~ and
singu~nr !~e faxes, asaessmPnti, ~euiQS. ~ia6i~itivt, ob~iguflons, an~ oncwn~~ncea oJ e~ery nature on satd pro-
perty: fo pennit, conimtt or su~ler no watfa, tmpulrmenf o? d~lerionafion o~ :atd bRd or !he irnprovemenb
thereon af any time: fo ~eep ttie 6W~i~gs ~ow o~ herQa~fer on satd land )ully i?uurecl in a twn oj not ~ess
ti~an full insurabls valus
fn n company or companies acceptab~o to fke mo?tgagee, the po~icp or po~tdes to be held 6r, ond pnyab[.
to, said mortgagee. and in tho tvonf nny swn o~ n~oney ~c.~o~na Para61. 6y virfue o~ ruch iruw~ance tke
mortgagee ~hnll have the rigl~t to receive and apply tl~a sam~ to tho indebtedneas I~ere6y secured, occ~ounting
to t{~p mortgagor (or anq surp~w; to pay a~~ costs, ctiarges. and expeniet. Inc~uding lawyer i~eei and ttt~e
searc{~es. ?posona6ly tncuered or paic~ by tlte nwrtgagee bfcauae o' tho ~aflure o~ the nwrtgngor to pro~npliy
and (ttlJy comply wifh t1~e agreen~ents, stipu~atlo?~s, eondttions and covenunfs o~ said note and t~is nwrtgape.
or eill~er; !o perfo~m, c~omply with and a6tda by encl~ nnd every f~e ugrQerne~b. sttpuTattons, eonc~itions and
covenanb sef (o?!h in said nota and f~is neo?tgage or eittie~. ~n fti~ euent !he mortgagw fai~a to par w~en
due any twr, asses~ment, inaurance p?emium or otl~er sum oj money rxirabl. 6y virtue oj soid nole and fhi~
mortgage, or eifher, ftie ~nortgagee map pay th~ snme, withouf watt~ing or aj~ecttng the option fo forec~ose
or any other rtp~t I~ereunder, and al! sucl~ paymenb sl~nll 6enr interest (ront date tkereoJ n! il~e I~igkest Iaw-
(ul rate t6en allowed by the lawa o( the State oJ Flo.tda.
~L any sum o{ money ~erein re~en~ecr fo be nof promptlr pnid u~it~?in 30 dar, nexf a(ter
tl~e same 6ecomea due, or i~ eac~ ana euery ttie agreements, slipu~ntions, rnndiiions nnd rnvennnb o~ said
note and this mortgage. or Qitker, nre not (ully per/ormed, complied wilh ~and a6tded 6y, t1~en il~e entir~e
sum mentioned in aaid note, and this mortgage, or tl~e entire balan~ unpaid the?ron. s1~aU (orl6witk or
thereaf
ter, at tlee optton o~ t1~e morfgagee. 6ecome nnd be due and puya6le, anything in :atd note or heretn
to !he contrary notwithstanding. Fnilure by the mwtgogee to exercias anr of t~e rig~t: or optiona ~r?pin
provicled shall no! constifule a watver of nny righta or options unc~e~ tnid note or fhi~ nartgage acrnaed or
f~erea~ler nt~c'ruing.
~n ~~L~L~ ~IK`L~~~ ~he soid morlgago~ hns hereunlo stgne~ and sealed these presents f~e
cjay an~ year ~irst a~ove written.
Signed. sealed and clelinered in 1he p?~senco oj: - '
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Glenn R. Balsly
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~ Carol S. Balaly
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STATE OF FLORIDA. . ~ '
courrt~r oF ST . LUCIE ~
1 HEREBY CERTIFY that on this day. bcforc me, an ;
otficer duly authori:ed in the State aforcsaid and in the County aforesaid 4o uke ackaowkdqmenu. personallr appeared ~
~s
GLSNN R. Balely and C~ROI. S. BALSLy , his wife, ;
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to m~ known to br tbe person g descnbcd in and who exeeuted the iotrgang iastrument and t~ '
. '~`,"r•• ,oj~~';
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before me that they executed the ume.
WITNESS my hand and official ~eal ia the County and Sate last afwesa~d this • ~tl•~~
t~;;~~% 9 ~t ~I
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OCtObB= ~ A. D. 19 74. ~ ~y. E••} ~ - ~ -
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st~uci~ cfluNtY Fu. JNotary Pu lic .~~`STA'~E-;.:~'~.
'SRAS .
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C~£R~ ~.i~GillT COURT ~
PEtORti• VE~ ::E ~ ~NODUtY PUBLlC ~STATE OF f10R10~ tt IARCE
MY COIik1~i~.°. f;?iRES NUYEYBER 11. 191T
~ ` ~ ~9 ~u ~ 60MDED iMRU 6E1tENAl 1!~S:~AltCE UNDERNIRREJti.
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~ 292966
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~ Tl~u Inunuuc~i! p~rpnn'A by:
AJJrrs~ 600K~~ P~GE~~~
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