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and shal! per/orm, comply iuith and a6ide 6y each and e~~e?y the agreements, stipulations, condiltoni und
conenants tl~er.~a(, and o/ Il~is mortgagp, then Ihis mwtgage and the estute I~ereby created, shall cea:e, de-
_ termine and be nul! and void.
Tin~ !{~e martga~or tien+by (urthQr covenanli. and agreet to pny promptly when duR t1~e prtnclpnl and
inferest n~d other sumi o~ money provic~ed ~ar in sa~tl note artc~ Ihis morfgage, or eit~er: fo poy a~~ ona
sinpu~a~ Ihe tnxes, assessmenls, ~euias. liabi~ities, ob~igattons, and encumb?nnces o~ every nature on satd pro-
~ perly; to permil, comml! or suf
jer no tuasfe, impairmenf or detvrtoroHon o~ said land or the improvements
ftiereo~ at any time; !o keep the 6uildinga now or herrafter on eaid land /u~~y inaurec~ in a sun~ of not ~esa
t?~a~ maximwn insurable value thereof----------
~ in n compuny or campanies occepta6[Q to I~e mortgagee, the po~tcp or po~tcies fo 6e held by, and paya6le
fo, sai~ mortgagFr, anc~ tn the evont anr aum o) money becomea puya5le 6y vi?tise of suck insurance f~e
moNgagee s1~all have 1he righ! to receive and appfy tl~e some to ~I~e indebted~esi herr6y secured, ncrounting
to tl~e moHgagor far any aarp[w; to pay all coats, c~argea, anc~ earpensea, tn~ludtng ~awyrrs feea and fit~e
senrcl~es, rpasona6ly incurred or ~td by i~e nw~tgnges becnuse o~ f/~e ~ui~ure o~ t/es mortgu8or to prompl~y
and JuIIy comply wifk fhe ngreernenfs, atipu~attons, cont~ifiona and couenants o( said note and thia morteupe,
or eil~e~; !o prr{urm, comply wit1~ and n6ide 6y each nnd euery t~e agreemenfs, atipu~fions, condilioru ond
~ conennnts set ~orfh in s~id note und f~is mortgage or either. /n f~e even! the mortgago~ ~ai~s to pay when
due any fax, asses~ment, inaurance premium or of~er sum o/ money pnya6le by virfue o(~ anid nofe and f~is
morfgage, or either, t/~e mortgagee mny pay fhe same, wit~out watning or a//ecting t~e oplion to foreclose
or any othe~ right hereunder, and all suclz payments sl~all bear interest from cEate thereo/ at !he btgl~est law-
JuI raie I/~en allou~ed by t/~e Iaws oj 16e Stafe o/ Floridce.
7l any sum o~. money herein re(erre~ fo be not prompt~y paic~ wil~in thirty c~ays next a~ter
1he same becomes tlue, or ij each and eoery the agreements, slipulotions, conditions and covenants oJ snid
note. and this mortgage. or either, are not jul[y per/ormed, cornplied wi11~ ~and ab~d~ by, tben the entire i
sum menfioned in said note, and this mortgage, or the entir+e 6aluncQ unpaid iherPOn, s?~nll ~ortbwitl~ as i
therea~ter, nt ihe opfion o~ !~e mortgagee, become and be due and payn6le, anyttiing in saic~ note or hercia ~
' to !he confrary notwithstanding. Failure by the mortgagee fo exercise any o~ fhe rig~ts or oplions herein
I proui~ec~ shall not consfitule a waiver o~ nny rig/~ts or options under saict nofe or ftiis mc~rfgage accrued or
I l~erea~fer accruing.
~n ~~Ol~ the said morlgagor has {~ereunto signed and sPaled these prese~ts the
day an~ year first ahove wrifien.
~
4 Signet~, sen~ed a~td de ~ d i llie prQSence o~:
I - - - ~
, ~ - Wi iam r ~
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..~.C-t c
~ e
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- _ -
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' /~'i'~ ~~ic rE':~~--
- . ~
~ ~ -~George Theodorou
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STATE OF FLORtDA, ~ ~
COUNTY OF S i. LUCIE
I HEREBV CERTIFY that on this day, before me. an
o(ficer duly authorized in the Stat~ atoresaid and in the County aforesaid to tak~ acknowledgments, person~ilr appeared
William H. Meyer and George Theodorou
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to me known to br the person S described in and who executed the [orcgoing instrument and ~1@y acknowkdqed , ~
.
beforc me that ~gl/ executed the same. J
WITI~'iESS my hand and uffieia) seal in the Countv and State last aforesaid ehis 13t d~Y ~
~
OCtOjJer A D 19 75 •
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. `~~i Lf/,' . ~r .`-'AL~:~'.1._..~~.:~-c,:-- :.~t..-•
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~ ~ : NOTARY ! '~UBLIC , State of P~rida
GcJ at Large .
Tr? n , ; : My commission expires :
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Tl~is I~cr~n~»>c~~t p~rpnrrr~ G~'. ~T ~ P~ ~ 15
~~t~~ins~ ao~c~~4 318094
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