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and shull pe~/o~m, comply wifh and abide 6y ench and ei~ery tl~e agreements, stipula~ions, rnndtttona nnd `
couenants thereo), and o~ this mo~lgage, t1~en tl~~s mortga~e and the eatate E~ereby created, sl~all cense, de-
lermine and 6e null and uoid.
thp morlgagor ~erieby rurlhe~ covenants and agre~ to pay prompfly uthen due fhe p?tncipal nnd
interesf and otl~e~ sums oj money provided ~or in faid note and f~ia mortguge, or eifl~er; to pay a~~ n?~d
~tngu~ar f~e taxes, assessr. ••-~fs, ~evies, ~iabt~itiet. ob~igations, and encumbrancea of every nature on satd pro-
perty; to permit, commtt or auf
~er no wwfe, impnirraenf or deterioration o~ sa~d bnd or the improvementt
the~on at any time: fo ~reep lhe bui~inga now or he~ea~ter on sald Iand Ju~~y insured in a surn o~ not ~ess
t~nn
in a company or companies nccepta6~e to the mo~fgngee, the po~icy o~ po~ictes fo 6e held by, and Poyobl~
to, said mortga~ee, and i~ the evenl nny sum o~ money 6ecomea ~ya6t~ 6y virtue oj such iruurance the
mortgagee shall have the righ! to receive and apply the snme to the inde6tedness 1~ere6y secured, nccounting
to t~e morfgagor for any surp~us; to pay a~~ cosfs, ctiarges, and expensei, lnc~ucjing ~nwyers jees and tit~e
searcRes, rensona6ly tncurred or paid by t~e morfgagee because o~ tke ~ai~ure o( fhe moifgagor lo prompt~y
ane~ Jul~y comp~y wifk tf~e agreements, slipu~atlons, condifions and covenanfs o( soid note nnd lhis mortgoge, t
or ei~her: to perform, romply wilk nnd a6ide 6p each and euery tke ngreements, stipulattona, rnndtttoru and
covenanfs set forl~ in said note and Ikis mortgage or either. 1n the e~ent t~e morfgagor ~at~s fo pay when
due any tax, asseasmenf, inswance prnmium or ottier sum o~ money payab~e bq viriue o~ said note and this.
mortgage, or eif~er, the mortgagee may ~y fhe same. u~it{iouf watving or u~~eciing fhe option to Jorec~ose
or any other rigl~t hereunder, and all such pnyments sl~nll 6ear interest (rom dale tl~ereoJ at 1he highest Iaw-
~ul rate then allowetl by ti?e Iaws of fhe State o) F~orida.
~l any sum o~ money herein re(errec~ to be not promplly pnicl within Th11~ty (30) aays next a~ler `
t{~e same 6ecomes due, or ij eack and every tl~e agreements, slipulations. conditions and covenants oj snid ~
;
note and ~{~is mo~tgage, or ei~her, are not /ully perJormed, complied witF~ and ab~ded 6y, tken the enttre t
sum menlioned in snid note, and ih~ mortgage, or the entire ba[ance unpaid thereon, shall )orthwith or
therea(ter, at the option o/ the mortgngee, 6ecome and 6e due and pnya6le, nnytl~ing in said note or herein
fo t{~e contrnry notwiflutanding. Failure by Ihe mortgagee fo exerci:e nnq o( fhe rig~fs or options her¢in
provided shall not consiitufe a wni~er o~ any rig~ts or options uncjer snid note or t~is mo?fgage accruee~ or
t~ereajter accruing.
~n ~tUl~s ~her~of~ the said mortgagor has hereu~to signecl and sealecl the~e presents the
~ay an~ year (irsf atiove u~ritfen.
Signed, sealed ancl deliner~d in the presence o~:
,
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; ~ . atrick Beacom
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A
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~ STATE OF FLORIDA, ~ ~
~f cou~rrv oF ST. LUCIE ~
I HEREBY CERTIFY that on this day. beforc me~ an ~
~
~ officer dulp authorized in the Stat~ aforesaid and in the County a(oresaid to tak~ acknowledgments, penonaUy appearcd
~ J. Patrick Beacom and Emily Peed Beacom, his wife
~ to me known to b~ the p~rson S described in and who executed the (oregoing instrument and they acknowledRed
~
be[ort mc that they ~xecuted the same.
WITNESS my hand and official -seal in the County and Statc last a(oresaid this 28~ day of ~
Fel~ruary A. D. 19 7S •
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- " ota~ b c State of Flori a t ~
" ; : Large , My Commission expires : ~
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M'~t ?1 I 4~ PN' v ~
'`~.s 7%iis I~u~ni~ircal ~r~prtnc/ !y: Joe G. Mullins 7~ ~
P. O. Box 970 f
`4~ `~`~`~r`~`~ Ft. Pierce, Fla. 33450 3~~?~J
~ Nota?'~r Publir-, $ta1e ~1 FI?r"c~~
At ~a?ge 0 R Q ~
x`~ My Commi~sion Cxpire; Gec. 25, 1978 84~K P~ V~ ~
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