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~n~ s~~a~~ per~orm, romp~y u~il~~ an~ ahic~e by each a~d every I~e agreenienla, sf~pu~afion~, condttions and ~
co~~enonis thereof. and o~ ftiis mo?If~a~~e. il~en Ihis morlgaye aneJ fl~e estate he~6y createcl, shall cPase, ds- j
lermine an~ ~x? nu~~ an~~ roi~~.
f~~p morfga~or ~~pn•hy (u.ehp~ covenanfs and aprees to puy pron~plly wl~en c~ue thP p?tncipal nnd
tnternsl anc~ of~~e~ sumi o~ money proni~Ie~I ~or in aaic~ note and ttiit mortgage, o? ellher: fo pay u~~ and
singu~nr I~e la.r~s, asaessmpnfs, ~~vips, ~ta~~t~ilies, ob~i{~alions, and encumbrancea ol every nalun on said pro-
perfy; io ~ermit. ~~ommif or su~je~ no u~cufe, impai?mpnl or dele?ioral~on o~ saic~ ~and or fhe improvemenis
1~ierac~~ nl any limP; fo ~PPp IhP /iui~~in~s notu or herea~fM o~~ satc~ ~ancr ~u~~y ii~surec~ in a sum o~ not ~~sr
~han full inaurable value
in a~-om~rany or companirs a~crpta6le lo Ihe morfga~~e, the poliry o~ poltcies to t~ held 6y, and paya6le
to, saic~ morlf/ngee, an~ in IF~P enenf any stun o( money becomes ~xiyn6la 6y virtue o~ such insurance f~e
morl~aQpp shall hai~e Il~e rtph! Io r~cein~ a~d apply Ihe same to tl~e indebtedness here6y secured, accounting
to Itie mortflanor ~or_uny surp~us: lo pay a~~ cosfs, charpes, nn~{ expenses, inc~uding ~nwye~ s Jees anc~ ttt~e
searches, ~paconal~~y incurrv~I or pai~I I~y llie. morlgagee 6M'AUSP o( the ~ai~urp oj ttie moNgaflor io pmmpf~r
anc~ jully comply u~il{~ f{ie a~reeme~ifs, sfipu~ations, con~ifions an~I rnvenanls oj saic~ note anc~ Ihis morfgnge, ~r
or eit~ier; fo p~r(orm, <-omp~y u~il~~ and abide by eacl~ and PUPry IhP agreRmenfs, slipu~alions, rnndilions and
coi~ennnls set forth in said note and Ihis morfgnge or either. In the eve~l Ihe mortga9or /ails to pay when
due any lar, assessm~nt, insurance premium or of{~er sum o~ money payuh~e ~?y virtue of saicr nofe an~ ttiis
mort~age, or eit~~er, f~~~ morf~a~~ne may pay Itie same, u~ifhouf waiving or ajJecfing fhe opfion fo ~orec~ose
or any otlier rig1~! l~er~undcr, and al~ such paymenls s{~aU bear interest Irom date Il~ereo~ al Ihe hi~hest lau~-
~ll~ ~AIP ~~IPl1 A~~OII~C(~ ~V ~~IP 1QU~S OJ ~~P S~Q~P O~ /'~O~I~Q. ~
~L nny sum o( monry I~~rein ~p(prrp~ io tie no! prompf~y pait~ wiltiin ten ~Qys nexf aJter
ftiP sam~ h~~om~s du~, or i~ each an~ pVP~` /~P agreempnts, stipu~ations, contlitions and ~cot~enanls o~ saitr
note an~ fhic morff~a~~P, or ~it{~er, are nof ~ully per~ormecr, comp~iec~ wifti anc~ ab~d~d 6y, Itien f{~e enlire
sum mentioned in said note, and 1{~is morlpage, or ttie entire ba~ance unpaid Ihereon, shal~ ~orihu?it{~ or
t~erea~ler. ~I fl~e oplion oj fhe morl{~agee, bPC~omP and bp due anc~ paya6le, anyfhin{~ in snic~ note or {ierein
to tti~ conirary nolu~if{~slnncllnc~. Failu~~ ~~y t~~e morl~agep to exercise anr oJ fhe righfs or optioru ~erein
prorie~al sha~~ nof cons/ilul~ a u~airpr o~ any rinhfs or opfions unaer sni~ nofP or this mortgage accruec~ or
Itic~r~a~ter ~ccruin,ry. -
~n ~itness ~~~Ol~ the~ saicl morl~ngor has I~e?PUnto signal ancl s~alecl Il~ese presenfs the
~~ay an~~ y~ar Jirsl n~~ove ~rrillen.
$i4lne~~. sea~rr~ dn~ r~~~i~~~rnc~ in t~~e pr~s~ncp of :
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" Ral h H. Gallott
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C. E. Snel grove, Sr.
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€ STATE OF FLORiDA, ~
~ C(~['1TY (tF ST. LUCIE. ti
~ I HEREBY CERTIFY that on this day, be(ore me~ an
of(i~cr duh• authorizPd in the Stat~ aforesaid and in the Gounty a(oresaid to tak~ acknowledqmcnts, p~rsonally appearcd
RALP~i H. GALLOTT and C. E. SNELLGROVE, SR.
to m~~ krx~Mn to tx thr prrson 8 d~3cribed in and who ~]CCfUlyd the (or~¢oinq instrument and they acknawledqed
befor~ mc that they rxccuted the same_
1~"11\FSS my hand and official seal in thi• C:ounty and Statr last aforesaid this ~O ~ ' day o(
;..~~~u,j
~ October v. ~9 ~5 . .
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~ ~~D~Q Notary Public, State~ ~ ~lorid~- _
,~~j~ ft~~ ` at Large ' •J_
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~L~ ~URt ~ My Commission Expires: . ~~x;;;
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319044
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~ %liif I~u~na~r~~~~ n- ir~J h: BOOK~~~ PA6f~~~
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~ :~c~i~ir'cc TFfIS INSTRW~i;r rr•"3 ~'.,~~'r.;::4 QYi
SPENCER B. GIIBERT, Attorney at LaN
~!M i~~ STREETa FT. P{EitCE. FIA. ~M~ .
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