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ant, aJiall perform, comply u~ith an~~ a~?ic~e 6y pa~h anc~ e~~ery t1iA ap~eem~>nfs, sfipulofions, ~on~~ifions an~ !
cove.nants Ihereo/, and o/ Ihi~ mo~tgape, t{~en thts morf{~af~e a??d ~hR PSIGIP IIPfPI,y rrnated, shaU c~ase, dv- ~
ternttne and 6e null and uoid. , ~
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~1111~ the morfgagor here6y Jurtl~p~ covenonts and agrees to pay prompfly when due !he princi~>aI and i
_~nlerest and other sums o( money provided /or in said note and this mortpnge, or elther: to pay all and ~
ngu~ the taxes, assessmenls, ~pvies, ~in6i~ities, ob~igations, o?tc~ encumbroncea oJ every nature on saicl pro-
perty; fo permtf, commit o~ su~~er no wcute. impairment or deteriorafion o` saicl land or 1~ie improvemenls
1{~ereon at any time: fo lreep Ihe 6uildings now or hereaf ter on said land /ully insurcd in a sum oj not l~s
than Eighty Three Thousand and no/100 dollars ($83,000.00)
in a company o~ companies acceptaf~~e fo Ihe morlgagee, Ihe po~icy or po~icies fo ~?e held by, ancl paya6le
to, said mortgagee, nnd in !he event nny sum o/ money 6ecom~s ~ya6le 6y i~i?tur oJ such i~sumnce the {
mortgagee shall have the right to receii~e and apply the same fo the indebtedness I~ereby secur~, accounting
to t~e morfgagor ~or any surp~tu; to pay n~~ costs, char+pes, anr~ expenses, inc~u~en~~ ~awyer~s 'PPS anc~ tit~e ~
searc es. reasonn incurred o~ i ~
h 6ly Pa d 6y ihe morfgagee because oJ the ~ai~urn o~ t~ie morfgagor to prompf~y ~
and JuIIy comply wit{~ fhe agreemenls, stipu~ations, conc~ifions an~ coi~enants o~ saic~ nofe and i{~is morfgage, ~
or either, to perform, comply witk nnd a6ide 6y each and every the agreements, stipu~ations, eonditions and
rnuennnfs set ~orl~ in saic~ note and tRis mo?tflage or either. /n Ihe euent tf~e mortgngor fai~.i fo pay when ~
due any tax, assessment, iruurance premium or other sum o/ mo~iey paya6le 6y virtue of said nole and this
morlgage. or eif{~er, tf~e mortgage~e may pay the same, wifhout u~aiving or a((ecting tke option !o ~orec~oae ~
or nny olher righf hereuncler, anc~ all such puyments shall 6ear interest )rom clate thereo/ nt tF~e highest Iau~-
(u~ rate t1~en n![owed by tf~e laias o( if~e Stale oJ Florida. `
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iL any sum of money herein referrec~ fo ~e nol pro:npf~y paic~ within thirty days ~ext affer
the same becomes due, or i( each nnd e~ery tl~e aflreements, sfipulations, conditions and covenanfs o/ said ~
; note and this mortgage, or eit{~er, are nof ~ully performec~, comp~iecl u~it{~ and a6~d~d 6y, tlien the entire ~
I sum mentioned in said notp, and ttiis mortga~e, or the entire 6alance unpaid d~ereon, sha~l ~ortluuit~ or ~
i the?eaJte?, af fhc option o~ tf~e mortflagee. ~ecome an~ he clue an~ payab~e, anyl~ing in sai~ nofe or tierein F
`f to fhe contrary notu~ithstanding. Failure by t~ie morlga~~~P !o exercise any o~ fhe rights or opfions herein ~
~j provic~e~ s{~a~~ nol coristilutp a wainer oj a~~y rif~iits or opfions unc~er saia note or ttiis mortgage accruec~ or ~
therea)ter uccruing.
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~ ~~CQ~RORATE ~n ~~L1~Js ~~e~l the mortgagor has caused these presents tc
~ 3EAI. 6e execut in its name, nnd its corpornte seal to 6e hereunto af
f ixed. 6y <<S ~
~ e?s t~ereunto cluly nuthorized, the day and ye~ firsl a6oue written.
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! • ~ ? TURNER MA HINE & SUPPLY CO.
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E ~ Snrrlary
s Signed, sea ~ nnd deliuered in t1~e presence oJ: ~ ~
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~ Documentary stamps affixed to original note. ;
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. if Ol FLORIDA ~
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; (I ST. LUCIE j
~ 1 HEREBY CERTIf-1' iha1 on t6is da 6vJore me. an o/~icer dulq nu~1~orizfd in the Statr an.l C«~n~y a~orosatd tu talrr aclmou~edg- '
~ { menfs. p~raonally appeore~ Earl V. ~urner and James R. Turner
a ~ i
s ~ urN 6,aur ~o ~ ~0 6e ~6. P~P,;.ie~~ a,d Secretary ~p~,~<<«~t> o) ~6P ~o.~.~~a, ~d ~
k ~ r.wrrgago. fn ~l~e ore '
~ f yoin9 instrumenf. ant~ 1~a1 thty serera~~y ac~rnou~rcrgre~ PTPf11I{IIl~ I~P same. in Ihr pmsence o~ lu~o subscri6ing u~lnesfrs. '
t ~ ro~ ~u~ rrstvd in 1{~em ~
, i ~r~e y aru~ ~ unl~y un~~e~ atdhority . y hy sai~~ cor~w?alion ond I~al ftie sra~ u~~LlPI~ I~ervto is I~v Irua eorporalt sra~ o~
~ ' ~O1f1 COf(1fX~1011. ~
_ 1vrr.~~r_sc mY ti~.~d a.~a o~?«<d ~d ca.,,~y ta.~ o~o...,ad ~ti~, 24th March ~
_ I n. ~9 7 5. ~
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