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~n~1 shall p~r~orm, romply ioilh and a6ide 6y ~acl~ a?id e~~ery the QAMPfI1PIlIS. stipulationi, condifions and ~
co~~~nnnls tl~er~uJ, and of Il~is morfpnflp, tl~en this mort~anr anc~ the estatp hP~P~y ~rpate~, sl~a~~ cease, c1e- ;
f~?minP ant~ ~~e nu~~ ttn~~ ~~oi~~. ~
Iln~ f~~~ m~~rlc~u~~or ~~en•~iy (url~~er covenanis an~ agrees fo pay_promplly when ~ue Ihe prirtcipal and
inf~r~sl an~ of~~Pr sums oj mon~~y prooic~e~~ ~or ~n saic~ nofc+ antl t~~is morfgage, or pilher: fo pay a~~ and
sin~ular f~iP to.ri•s, assessm~~nfs, ~evi~•s, ~ia~,i~ilies, oh~iqalions, and encum6rances of every nafure on said pro-
perfy: fo permil, commil or su~Jc•r no ioasfe, impairmenl or c~efe~iorafion o~ saic~ ~anc~ or the improvemenls
t{~i~rncn at any tim~; fo ~r~•~p f{~e {~ui~~~inns now or herna~f~r un c~ia ~anc~ ~u~~y insure~ in a sum o~ nol ~ess ;
th~~~ higheat ~ ~
~nsurable VB~~f ~ n ~•~-y po~icies to ~e hPld 6y, and paya6le #
in n ~•ompany or c mpan~~s ncc~~~ a~ e fo If~e morf Q(~CP. I~~p o ~ or ~
fo, sai~ mo?iyn~~~, a~ic~ in IIIP Pl~PI1I any sum o~ mon~y 6ecomes Pava6le hy virtue o~ sucti insurance Ihe ~ ~
morl{~ag~e sl~nl~ I~~i~~ the ri~l~t to recein~ a~id apply tl~e same Io the inde6fedness liere6y secured, acrot~nting ~
to I~i~ morlqa{~or jor any surp~us; lo pay a~~ cosfs, c{~arges, - and ~xpenses, inc~uc~ing ~awypr s jees an[r til~e
sparc{~es, rpasonal~~y incurrM~ or pai~ ~~y l~~P mortgaq~e tiPCAtlSP oj t~e ~ai~ure o~ fhe morfgaflot fo prompt~y
an~ f u~~y .•omp~y u~ill~ fl~e ac~r~em~nls, stipu~alions, conditions and conenanls o~ saicl nofe an~ Il~is morl~age.
or ~if~~~r: to per~orm, romplv u~ith and atiide 6y eac{~ and every l~~p agreemenfs, atipu~alions, conc~ifions anc~ ~
coi~~nanis set Jorl~~ in saic~ nofe anc~ t~is mortgafle or eittier. ~n Ihe Fvenl I~ie morfgac~or ~ai~s to pay u~hen ~
c~ue any fax, ~ssessment, insuran~e premium or ottier sum o~ money payati~e ~~y c~irlue o~ saic~ nofe anc~ Itiis
mortga(~e, or eif~ier, t{~e mortc~a~~~e may pay f~e sam~, ivithotd u~aiving or a(~ecling Ihe option to jorcc~ose
or any olher ?i~~ht herPUnder, and all such paymenfs shall Gear interpst (rom date therpo( at tl~e I~ighesl lau~-
(ul raf~ Il~~n allou~ed by tl~P ~a~os of th~ Stafp o~ F~ori~la.
D` any sum oJ mon~v ~ierein r~(Prrn~ lo he not promplly pai~ within ~IRTq (3~~ ~ays npx! a~fer
t{~e samr• I~~com~s du~. or i~ eacl~ and ~rery fl~e a,ryreemPnts, slipulations, condilions an~1 conenanis o~ said
nofe ~n~ f~iis mori,rya,ryE•, or ~it{~~r, arp not ~u~~y per~ormec~, CORIPIlP(~ wit~ an~ a~i~e~ ~y, !{~pn Ihe enfire
Stllil ?pPfl~(OI1P~ Ifl SQt~ ?IO~P. (Ifl(~ ~~15 morlflage. 0I t1~e entire 6alance UIIp(tll~ ~~PI'PO?1, S~a~~ JOf~~ILL~I~~t O~
~~PlPl1~~P~, p~ ~~IP option O~ ~~1P morl~n~e~. I~~come OR~ OP (~UP Q~1d payable. anyt{~ing l!1 SUI~ nole or I~erein
to f~~e confrnry nolcoif~ict~nc,ing. 1=ai~ur~ ~~y 1{~e mort~agee to ~.rerrise any of Ihe rights or opfions ~erei~
pro~~i~~ck~ s~~a~~ not c~~nslif~d~ a tvai~+or o~ any ri~~~~fs or opfions unc~er sai~ not~ or f~is mortgage accrue~~ or
f~~~rea(i~~r acc•ntinc~.
~n ~itness ~hereof~ - fl~~ s~id mortga~~or I~as IiPrPUnfo sinne~I nnd s~aletl f{~~se presenfs thP
c~n~ an~! y~~ar Jirsf nhov~~ u~ri .
Signe~~. t~ n~ i•~~ ' t~ pr PIICP oj:
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. R.
~ - . _ ..t~c.~~./.._L~..-__. . ~---4~ Ci~~~i..er!..t~=~Gl~--------...------~
; ~r E. J BANACK
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F ~ STATE OF Fl.ORIDA, ~
~ C(1L'\TY OF ST. LUCIE
~ I IiEREBY CERTIFY that on this day, bt[ore me~ an
Of~IfCf dul.- au~horized in the Stat~ aforesaid and in the Count~• aforesaid to tak~ acknowledqmcnts, p~nonaily appeared
E
~ A. R. BANACK and E. JANE BANACK, his vife
~ to m~~ known to fie~ thr p~•rson S described in and who eaccuted th~ (ore•¢oin¢ instrument and Wh0 acknowkdqed
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s beForc mc that they rxccuted the same.
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~ \~"II~~F.SS m~ hand and official seal in th~• Cuunq• ~nd Stat~• last a(or~said this 22 dap o~
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~ January D. 19 75
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F : Notary Public, State of Florida at lar~~,
~ ~ . : i My Commiss~on E~cpires Sept. 1~ 1977~
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4 1 h~J~ LEG~~ - t.~oy~o~EcpR~Ep
" ~ ~~r ~{~CIE COUMTY f LA. .
't G ~ ~ - OCER DQlZAAS ~
~ . CLERKCiRC1f4TC0UR.,
T Z1,~~\\
t~.:~(;'. R~CbRb I£e~IFIEO ~.~i
~ Jr~ 13 2 a~ PM'75 ,
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~ 299~90 3
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~ l7iir INS/fl/!ll(7!/ ~/ffl~rn-r/ !y: _
{
Walter E. Davis ~
i ~l'(~I('~f TH19 IN~TRI.'•r- .-D Eiy.
~ ABSTnF C. ~ & 7 ~ : - C ~'LA. 8~~~ / nu[ ~
~ ~03 a. YND ST. FuF.T PiEnCc, FLUi:~DA
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