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Qfl~ S~~nII pi~rJorm. (WRln~y l/rl~~ QII~ Q~)I~P ~y POC~ Ql1Q PI'P/'y ~~P ap~eements. alipu~alions. condiliona <IRd
coe~enants thereo(. ar?~ o~ I~~is morf~aAP, Ihen f~~fs mwlg~~ge an~ ftie eslqle ~~e?eby crpale~, s~a~~ cease, de- ;
Jp?minp A/l~ GP nul~ and i~oi~l. :
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f~~P morf~ano~ ~~en~tiy ~urlher covenar~fs ane~ aprees to pay pmmpf~y wf~en c~ue the principal anel Y
inferwsl an~ ol~ier ~ums o~ mo~~ey proviclec~ ~or in sait~ nole ant~ this mo~fgape, or eifhe~: to pay a~~ and '
singu~ar the laxes, assPSSmenls, ~evi~s. ~i~6i~iliPS, of~~i~alions, an~ encum~ranc.~s o~ every nnfure on saicl pro-
perfy; to pPrmif, commil or su~j~r nu u~asfe, impairmnnl or c~eleriomtior~ o~ said Iancl or ihe improvemenls
II~Prn~n al auy lim~: fo {rr~p ihe huildinns nou~ or herna~tc~r on snicl ~and fu~~y insure~ in o sum of not less
~han highest insurable value thereof
in a~-ompany or ~ompanies acc~pfal~Ie fo Ihp mortgnf~ee. Ihe policy o~ po~icies to be hpld 6y, and payable
to, saicl morfl~a~ee, and in (IlP PI~Pt1I any sum o) money 6ecomes paya6le 6y i~iriue o( suc1~ insurance the
morfflagee s~~a~~ harP ttie ri~~~t to receive anc~ apply Ihe same to !he indebtedness tiern6y secured, accounfing
to fhp morlc~a{~or ~or any surp~~u; to pay a~~ cosls, char~ps, anc~ expenses. inrluding ~awyer~s IPPS and til~e
senrr{~~s. reason~~~~y incurre~ or ~~d by ~hp r?to?fgagee heca~ise o~ the jai~ure o~ Ihe morl{~agor lo prompt~y
anir ~u~~y i•omp~y u~if~~ 1{~e agreemenfs, sfipulations. conditions ancr covenanls oJ sai~ note an~ ihis morfgage.
or eilher, to perJo~m, comp~y wil{~ anc~ aE~i~e by eaci~ anc~ ee~ery Ihe agreemPnts. ~fipulafions, conc~ilions an~
co~~~nanls set Jorlh in sai~ nofe anc~ I~is morlgage or eil~er. /n i{~e Fvenl ttie morfgagor fai~s to puy inhen ;
- du~ anv ta.r, nssessmi>nf, insurance premium or oflier sum o( money paya~~e 6y virtue o~ sai~ note anc~ fhis ~
morl~~ge, or eit~ier, ttie mort{~aye~ may pay Itie same, wit~?out waiving or a~Jecling the opfion !o ~orpc~ose
or any uilier ?ic~I~t herpun~er, and ulI sur~ payrrtents shall 6ear intPrest ~rom date IhereoJ al 1{~e higtiest laiu-
~u~ rafe I~~~n a~~otvec~ ~~y 1~~e ~mvs oj f{i~ ~fafe of E'~orir~a.
~ny sum o( mon~y ~~Prein re(err~d lo tiP nol prompfly paid within thirty c~ays next nJfpr
the samP ~PCOm~s ~ue, or iJ eac~~ anc~ ei~ery I~~e agreemvnts, sfipu~afions. conc~ifions an~ coi~enanfs o+ sai~
note ancl this morlyn~~e, or PII~PI, arP nol f ully per(ormed, complied u:ith ancr abided by. ihen the Pntirp
sum mentionpcl in said nof~, ant~ this mortgage, or the entire balance unpaid tl~preon, shall forf{~u~itl~ or
i~erenJter, af fti~ optio?i of !he mortgage~, hecome an~ ~p due and payable, anything in saic~ note or E~erein
- fo f~e contrnry notu~ill~sinnc~ing. /=ai~ur~ ~y Itie mortga~Pe to exercise any o~ ttie rig~fs or options {~erein
proi~i<~~ sha~~ rtoi conslifule a u~ainc~r o~ any rig{~!s or options Un[IPr sai~ nole or f{~is morfgage acc?ue~~ or
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tner~a~ii•r ai cruu~y.
~n ~itness ~hereof~ t{~e saitl morfgagor hns I~erPtcnto si~nPt1 and sen~etl se presenls the
~~y ~n~ year jirsf aho~~e inrilten.
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Sign sea~e~ ane~ c~e~i~~erecr in Ihe prnsencp oj:
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STATE OF FI.ORID!?, ~ -
COLtiTY OF ST. LUCIE
1 HEREBY C:ERTIFY that on this day, be(orc me. aa
officer dul~ authoriz~d in the Stat~ aforesaid and in the County a(orrsaid to tak~ acicnowledgmcnts, personally appeared
Richard V. Neill, Chester B. Griffin, Michael Jeffries & Robert M.
Lloyd
to me known to b~ the penon $ described in and who exccuted the tortqoin¢ instrument and they acknowledScd
~ beforr me that ~ley ex~cuted the samo.
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~ H'I7:\iESS my hand ancl o((icial seal in thc County and State last aforesaid this i~ day of
y~anuary A. D. 19 75. ~
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` •Gi-IG~../_Ct'c-c/
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~ A~+ NOTAR • UBLIC, State o~__ lorida at
• Large. ~
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~ ` ~ ~ ~ My comnu.ssion expires : ~ ~
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JAH 15 g os PH'75
` 1 %i~s /~~c~ni»>fnl p~pnrr-~l hy: 4 ~h
~ 4 235 ~ 1493 ~~;v
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