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an~ s~i~~~ pe~~orm, i•ump~y u~ilh ant~ aE~i~~e ~~y each anc~ e~~ery ihe agrpements, sfipu~aliuns, condifions and t
co~~ennnls t{~erc~J. ~~nd o( this murf{~n{1e, Ihen Ihis morl~n~p and Ihe eslafe hpreE~y creatPd, aliall cease, de- ~
te?mine an~~ nu~~ nnc~ t+uic~.
~ ~ b~ jurlE~er covenanls ond ag?eer to a rom f~ u~hen ~Iue fJ~e principal and ~
IZn~ he n~o~t~inflor ~~err ~ P Y P P Y ~
t~ternsl an~ ol~~er sums o~ monNy pronic~e~ jor in saic~ nofe and t{~is mortgage.. or eilher, fo pay a~~ and
sinflu~ar Itie laxps, assessm~r~ls, IPI~tPS, ~iatii~itiPS, oh~i~alions, anc~ encumbrunces o~ e~~ery riature on soid pro-
perly: lo pPrmil. ~ommif ar su(Jer no wastP, impairmenf or deleriorafion o~ saic~ ~and or f~e tmprovemenb
I~~vmcn af nny tim~: fo ~PP~ IIIP hui~~in~s nou? or hereuJfr~ on sait~ ~an~ (ully insurptl in a sum oJ nol ~ess
than MAXIMtJM INSURABLE VALUE .
in a company or rompanies accPptnti~e to Ihe mortga~ee. Ihn po~icy o~ po~ic~P~ fo ~~e held 6y, an~I pnyo6le
to, saicl moAf~a~ee. an~I.in 1{~p ei~ent any sum o~ money 6ecomea paya6le 6y virtue o( such insu~ance the
mo?lgap~e SIIAI ~IQ~~P the righl to fPCP1UP and apply Ihe same to Ihe inde6tedneas F~ereFiy securecl, accounting
fo Itie mo?I~a~r ~or any surplus; lo pay a~~ cosls, charges, and expenses, inc~uc~ing ~au?yer~s Jees and til~e
span~~es, reasonn~?~y incurrnrl or pnicr hy Ihp morfga~ee hecause o~ !~e jai~ur~ o~ f~~e rriorlga{~or lo prompt~y
ane~ ~u~~y comp~y u~il1~ 1{~e apre~>menfs, slipu~alions, concrilions ane~ conenanls of saicr nofe and IF~Is mortgage.
or eifher; fo p~r~orm, comply wit~; a,~d ab~de 6y pa~h ond every t{~e agreemenfs, ifipu~afions. condifions and
cov~nanls sel Jori~ in saic~ note aine~ t{~is mortgage or pif~er. /n lf~e Fvent fhe mortgagor ~ai~s to pav when
due any fax, nssessmPnl, insurance premium or olher sum u~ money payable 6y virtue o~ saic~ note an~~ fhis
morf~ape, or eif~ier. Ihe mortgag~e may pay Itie snme, wittiouf waiving or aJ~ecfing the oplion to ~orec~ose ~
or any olher rinF~t Ii~r~uncler, ~nd aU such payments stia~~ 6t~ar tnfe~PSt jrom date Ihereo~ at 1{~e {iighest lau~- s
~uI ralp fl~en allowecl 6y II~P la~ns of tl~e Stale o~ Floricla. r
i
any sum oJ mon~y I~erein re(erred to tie not prompt~y paic~ wilhin Thirty c~ays nexl a~ler ;
~f ~
f{~P same ~eromes ~ue, or i( each an~ ~nery Ihe agreemenls, sfipulalions. rnndifions anc~~covenanfs o~ snicr ~
notp and this morfga~~e, or eitl~er, nrn not f ully perf
orme~l. complied with and a6idecl by, then I~e entire ~
sum menlioned in said notp, and !{~is mortgage, or the enlire balance unpaid thereon. Shall JorthwilF~ or ~
tl~ereafter, at Ih~ option oJ the mortgngee. 6ecome an~ 6e due and paya6le, anytl~ing in saicl nole or herein ~
fo Ihe co~irnry notti~itl~sfmulinfl. Fai~ur~ by thP morfgagee !o exercise any oj f~e ri4i~ts or opfioru herein ~
pnuni~~l sha~~ not consfih~le n wainer of any ric~{~ts or options unc~er saic~ nole or t~is mortgnge acc?uee~ or
t~ernn~fer accruin~.
~n ~itness ~hereof~ the soid mortgngor {~as hereunto signecl and senlerl fl~ese presenis tl~e
clay anc~ year jirst ahoi~e u~riffen.
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Signe , s lecl and lin e. in-?f~e pr~s nce o(: ~ f
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~ - - - ~ TfObert P. Poweleit ----t~-- ~
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CaroZe E. Poweleit
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3 STATE OF FLORIDA, ~
~ COUNTY nF ST . LUCIE -
~ I HEREBY CERTIFY that on this day. before mq an ~
~ officer duly authoriz~d in the State aforesaid and in the County aforesaid to tak~ acknowledgments, penonaUy appeared
RbBERT P. POWELEIT and CAROLE E. POWELEIT, his wife,
to me known to b~ the persong described in and who eaecuted the (or~goinq instrument and t~'1@y acknowledsed
beforc me that they exccuted th~ same.
WI7'NESS my hand and o((icial seal in thc County and Statc last a[oresaid this day o(
~ ~_-C, ; i,i.~ A. D. 19 7S. ~ ~
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FitEa ~t~~~n~o No ary Public - State;~ .•~lorida•.
~ st. ~uc;t c~~NTY flA. 3t Large. _ J
Rf : = ~:.~iRl.S ~lu.~ - ~ . .l% ~,C j~ ' J i
~ ~.~K C iT COLRTI~1i~ My Commission Expires :
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~ oc!" .l :~i''ifl y~ J4 : ' '
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~ aPR t 5~ ~M .
~ ~ 305040 ~ . ~ ;
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1%,iJ /,rtlnnuf~r, pn'prirc~d hy: ~ R 238 JV2
i1~IJr~u BOOK FAGF
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