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nn~l shull p~~r~urm. i-~?rnply u~illi ~in~~ ~~1~i~lc 6y ~~nr1~ ~~nc/ ~~~~~ry t1iN agrermrnfs. allpulafiuru. c•ondltia~u and
cc.~~~m~u~ls t~u~rro~, a~u~ u~ f~~is murft~a~lP. 1{u•n f~iis murt4J~41r an~~ fhe esfniP I~••rpby i•rrale~, s~~a~~ cNUSe. c~e-
i.•rminr tu~~~ jiF n~~~~ on~l rui~~.
~in~ fhP morf~~a~ior ~u~r~~f~y ~ur1~~~r coornanls art~ agr~es fo pay prompl~y u~~en e~ue fhe principal ant~ '
inf~>r~sl an~ ol~~~r cums o~ monc~y ~~o~.~d~>d jor in snicj nole and Ihts morlgage, or elther, b pay a~~ ancr
sin~ju[ar Ihe fa.~~~s. ~ss~~ssmc•nls, l~vi~s. ~ia~~i~ili~~s. ob~i,yalions. ~nt~ ant•umbrancet o~ PVPn+ nat~ue on satd pro-
prrly; lo permil. commil or su~~rr no ~vusl~, impni~manf or c~~~f~riorafion uf saic~ ~anc~ or fhe improvements
1{u~ro~,n al ~u~y lim~~:~o ki~~•p f~~~ ~~ui~~~i~~~~s nou~ or {u•mo~t~r on snic~ ~ant~ Ou~~y i~uu?et~ in a sum o~ nof ~PS!
~f1°~ AIGHEST INSURABLS VALUE /not to remove sand or minerals ~
in u~•om~?an~ or ~•ompani~~s ari•~pla~~~e b I~~e mo~tyu~~ee. I~~e po~ic•y or po~icies fo ~?e ~ie~~ ~~y. and pnya6le
fo. sai~~ morf~~a~Pe. nn~~ in t~i~ rn~•n! rsny sum o( man~y ~~e~omes payable hy nirlue o~ such insurance ihe
morf~~a~~e~ slioll I~ai~~~ fl~~ ri~~{~1 lo rM•~i~~~ and opply If~P samP to t~e indebledness here6y securn~l. accounfing
~ to f~~e mort~a~~or ~or any surp~us; fo pay a~~ cosfs, cha?~es, an~ FxpPnsvs, inc~uc~ing ~awyer~s ~~es an~ lil~e
~ s~un•~u•s, r~~sona~~~y in~•~~rrr~ or puic~ ~~y f~~P morf{~a~~e {,ecause o~ I~p Jai~ure o~ ftip morfga{~or to prompl~y
an~~ ~u~~y i•ornp~y iril~e 1~~~ a~~rc~~~m~~?tls, sfipu~alions, conc~ilions an~ corenanls uj saic~ nole ai~~ l~iis mortgage.
~ or ~il~~~r, fo pPr~orm, romp~y ioif~~ an~ aE~i~~e ~)V PAfIi a~ul ei~Pry I~~e agr~ements, slipu~ations, contlifions and
I coi~~nanls s~! ~arl~~ in sni~~ nofe anc~ ltiis morl{~age or eittier. In 1/~e rnent the mortgagor ~ai~.s fo pay u~tien
~ c~u~ a~iy fa~, assrs.mrnf. insur~n~ ~ prnmiunt or ol~~r snm o~ money payaf~~e f~y i~irfue o~'saic~ nofe an~ Itiis
morlgage, or ~if~~~r, fIu• mortga~~~~~ may pay fhe samp. irithout u~aii~ing or aJfeclinn tf~e opfiori to ~orec~ose
or any oilier ?ic~l~f I~~r~>unc~~r, and aU suc-h payments shall 6Par iniprpst (rom dale 1{~PtPO~ af the {~ighesl lau•
~u~ rat~ 1~~en a~~ou~er~ E~~ 1~~~ ~tnrs o~ I~i~ SfatP o~ ~'~ori~a.
D~ nny sum o~ mon~•y ~~~reire re~iPrrnr~ fo I,e ~ot pmmptly pait~ u~il~iin 30 t~ays next u~fer
11~~ same bP~-om~s ~lu~, or iJ ~~acl~ and ~i•ery Ihe a~reemrnts, stipu~afions. ~•ontlitions an~ covenanfs u( saicr
not~ an~l Ihis morfgage~*or ~it{~~r, n?~ nof jully per/ormerf, connplied u~itl~ and ab~dPd 6y. Ihpn the entirp
sum menlion~d in said nof~, and Ihis mort~age, or t{~e entire ba~ance unpaid 16ernon, s{~all jortf~with or
1{~erea~te~, at f~~e oplion oj 1{~~ morfganr~•, f~ec-ome anc~ tip due and payable, anyt{~in~ in saic~ nofe or {~erein
fo t~~~ ~onfrary nolu~i!{islme~in~~. /~ai~ur~ ~?y l~iP morf{~agep lo ~xercise any of f~e rigtifs or opfions hQrpin
prori~~~c~ sha~~ reof consfifufP ~ u~ait~~r o~ any rights nr opfions unr~er sait~ nolP or this morfgage ac~rue~ or
~ t1~or~~(trr *~D THE COVENANT NOT TO COMPETE AGRESMENT
i ~n ~itness ~hereof~ f~~e~ sai~~ morfqagor ~ias ~~NrPUnto ' nPt~ anc~ s~alP~ IIIPSP presenls f~P
~ r~ny aiu~ }~ar Jirsf a~?o~~~ u~ritfen. `
OMEC CO O TION LORIDA
Sign~~~, an c~e~~ii~~r~ i Ihe pmsrn~e o~: a Flo CO ~ OII
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~ STATE ()F FL( )RIDA, ~
~ LUCIE
R cc~t~~TV c~F ST.
~ I HEREBY CERTI~Y that on this day, before me, an `
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offi~er duly author~ in the Statc a(oresaid and in the County a(oresaid to tak~ acknowled~mrnts, pcrsonally appeared
s~ ~i y ~c ~ fl
President ~ of ~C CORPORATION OF FLORIDA, a Fla. cor~.
~ to m~~ known to ~.he penons descn d in and who ~aecuted the for~qoinq instrument and ~ey acknowkdg
~ befor~ m~ that}~gy cxccuted the ~m~. duly authorized 30 t0 CZO 1T1C1 t0 affix ~1@ C
~ seal.~~~~~ ~ESS my hand and o((icial se~al in th~~ Coun!~• and Stat~• last a(orcsaid this ~ day of •
~ . May , .1 _ D. 19 ~I C) .
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_ ~*~ay r ve sand; recovery shall bs paid on ~~~lt~T~- C: .~~~:h--~ ~
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~ ~'aecoux oP mortgage after Januas3? 1977~ . . _ No~ Pii~iliC'• . ~
~~~-'.~s aid ent to apply to end ~f mortgage. State of Florida 3~ t~ ~ '
~ `a-" _ My Commission Expire~s- ~5'
y »r~~~ v L :z ~Lp j' ~ e•_~r t~ ~ C s~ ~ ~
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r+ ~t• F;~`; • ~~~AS C :z _ , :l.''3~~~;.ltt~# ~ ~
4y `t~ St , `~C~ ~ . _ ' . . •1T'?f . S
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~ Ma~ 3v`~`~-v2 _
~ r' iGS~ FAGE ~
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~ I,rJin~~,r~•~d pr~pnrr-J hy JOHN P. GRIER, ATTORNEY AT LAW
.1~IJri:« 402 Cape RQyal Building, Cocoa Beach, Florida
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