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and shall pM/wm, ~mply u~it~ ancr ahic~e ~y eacti an~ ei~ery the agnemenfs, alipu~attons, rnnc~iftons an~ ~
conenants therru~, and o~ fl~is mor~guAe, ihpn Il~b mortpape o?,d ~h: e:tafe hsnby ~rnefrd, sha1~ cews, d~- ~
fe~minr anc~ ~ nu« an~ iwi~~. ~
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Ti~ Ihp mo~laa{~or hprrby f ur!/~e? fOl~Pf{af1~5 artcr a~rera to pay p~ompfly when clue fl~s principal nnd ;
intpnrs! und ofhp~ sums of money provi~ec~ ar In Yait~ nole nncl Itits mort ~
~ 8ogs. or eil~er; fo . par n~~ nnd
sl~~ular Ihe taxPS, ass~ssme.~ls, IPUi~•s, lia6ili~i~s, oblina!ions, and encum6~a~ces o/ euery nature o~ sutd pro- ~
?xvly: lo pe?mif, commif or suf~pl /IO U~QSIP, im~wirmenf or c~.•le?ior+ation o~ snid ~and or I~e tmpro~~eme~ls t
f~Prnc~n af a~ry ffmP; fo ~e~p /tip ~~uil~inf~s nou~ ot ~emo~t~r on s~ia ~nn~ Ju~~y lnstue~ in Q sum oj nof ~ess ~
-~han full insurable value . t
i~ a c-om~~nny o~ companiPS a~repfa~~e fo ihe mo~lga~c~e. Il~e po~lc7? o~ po~icies to 6e heW by, an~ pnynble
fo, sai~ muNf~n~~, ancl in IIIP PlHV1I any snm o~ money ~I~1PJ ~ya6l~ 6y t?i?tuo of :ucti tnsura~ce the
moMflng~ sI~aII I~a~~e ttie rig{~f fo~ rM-e~t~ and apply ~he samp ~o the inde6ledness here6y :~u.pd, acrounfing
fo II~~ morfga~~or ~or_ anv s~apl~u: to pay a~~ eosfs, c~a~es, and NxpensPS, including ~awye~r i le~i and fit~
scMrrtiPS, m~sona~~~y inc~~?se~ o~ poic~ by 1/~a mortganee tiecausp oJ tf~e jai~urr oj the morlgagor to prontplly
anc~ fu~~y romp~y u~ill~ Ilte aQrec~mPnls, sfipu~ations, con~ilions one~ c~oe~enants o~ saic~ note nn~ lhis mortgnge.
or ~i11~pr; to pP~jorm, comply u~ith and abide 6y eacle und PVPry I~P agreemenfs, sfipulations, condilions nnd
coi~~nnnls sef ~orlh in said note nnd lhis mortgage or either. ~n tl~e e~~nt fhe morfgagor ~ai~ to pap u~~en
c~iu~ any f~x, assessmPnf, insurane~e premium or atl~er sum o~ .?~o?~py ~~a61~ 6y t*lrtue o~ sai~ nole nn~ f~is .
morfg~gP, or PIIIIP~. I~P III~NI{~UI~PP may pay I~e so?ne, u~ilhoid waivinp or a~(ea:ting t~e option fo ~orec~ose
or any olher rig6t I~ernundpr. and all s~ul~ payR~ents sf~al! 6~r in~e~st /rom (rQIP IIlPMO/ ni ~hp 6~Ahp:~ tau?-
~11~ ~Q~P ~~IPtI A~~OUiM~ ~/Y ~~P ~QIIi3 Of ~~P S~~tP O' ~~On~Q_
~l ar~y sum oJ ~~on~y herein re(errea to he not prompf~y paid wif~ein 3~ ~nys npxl n(fer
t~~e samP I?Promes ~Iup, or i~ eacti anrl rvery /he aflreemenfs, sfipulalions. contlilions an~ covenanfs of saic~
nofe an~ ftiis morlgae~e, or eif~er, are not ju~~y pe?Jorntetr, rompliecl u?it~ anc~ ubic~ea ~.y. I~en t~P entirp
sum mentio~e~ in saic~ ?iolp, ancl f6is morl~age, or tl~e entirn balnnce unpnid 16p.pon, sl~al~ fori/~u~il{~ or
t~erealter, af fh~ oplion o~ Itie morfgagee, hecome ant~ ~ due und paya6le, anyfheng in saic~ nole or herein
-fo Ihe t~onfro?y nofu~ithslanclin~. Failurn hy tl~e morlgagep to Pxercise any of fhe rigtits or opfions ~erein
pmric~~c~ s~a~~ nof constilute a u+aiv~r o~ any rig~ls or options under saic~ notp or ftiis morfgaye accruei{ or
I~Prna jl~r nccrui~~g.
~n ~~~~.1.1 W~~`~ ttie sair~ morfgagor tias ~e u?~!o sig acI anrl sPaI~I tl~ese presenis fhe
c~ay un~ year Ji?si a~ot•p «~ritfen. • .
S! Sea~ QI1d ~P~II+PlP~ %/I ~IIP p?esencP O~:
~Lt,vs.CC ~ "
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. ~ ~ . e Jo son: Jr.
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As o M.- Johnso o ce Johnson .
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STATE OF ~~IX, NFW ~~~sr y
~ COL'\'TY ()F /lI1'/~e ~iC ~
~ I HEREBY CER'TIFY that on this dar, before me~ an
of(icer duly authorized in the State aforcsaid and in thc Counry ~luresaid to tak~ acknowkdgm~nb~ personally appeared
J.Seward Johnson, Jr..~r,,,,,,,~ J~ycE ly. ?ofl~s'v•v
i to me known to b~ the prnons described in and who executed the for~qoinq instrument snd ~•ey actnowkdqed ~
~ ~
` beforc me that Th~ ~xecuted the same.
~ N°17~~ESS my hand ar.d o(ficial sea! in the County and State last aforesaid this day of ~
f /J~Q / L A. D. 19 7 6. (j~t
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~~c;__."S~afe---.. .a---C"o"unty...
j resai~l My Commission Expires
(NOTARY SEAL) G~RTRUDf S. PUGLIA
~~o, v~ ,:~;,,DED NOTARY ~USLIC OF NEYI ~
% f ILEO :;1iVj~ f:~ Mr Com,niss:on E~.K~n: hl q, •
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' %7iit hcr~nnn~~d papnr-J by: Wi 11 i am J. St ewa r t, E s q. '
; ~~~~~~h~ Gauld, Cooksey, Fennell, Appleby
' $ McKinnon, P.A.
Post Office Box 760
; Vero Beach, Florida 32960 '
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