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and shall p~~r(orm, comp~y tvil/~ and a6i~Ie by parh nnt{ enery t~e agreemenfs, slipulafions, conditlona nrtd
rnnenanls Ihereo/, and oj Ihis mortgage, I?~en Il~is mortgafle and tl~e eatale I~ere6y crealecl, thall ceass, de-
fP?mine and be null nnd iwid.
1~n~ f~e morlgaga~ ~ieri~by ~urltier caruenanls a~d agrees (o puy prompl(y wtien due !he prtnctpa~ nnc~
interPSf anc~ al{~t•~ sums o~ money provic~ec~ jor in saic~ nofe Qnd fhis mortguge, or etlher, to pay a~~ and
sinflu~ar f{~e tn.res, assessmenfs, ~i~te~, lia6tlilies, ob~igalions, and encumb?ances oj evehr nnture on said pro-
pe?ly; fo permii, commil or au~~er Ro wasle, impnirmenf or c~elerioe+ofion of said ~and or !~e iniprovemenb
~ Ihernon ai any fime; lo Irepp fhe 6uildings nou? or he~a(ler on snid Iand (ully insu?rd in a aum o/ not Iess
t{~an ~5q , 700 .00 in fir-4 and windstorm ins~rance
in ~ company or companles acceptnble lo !he mortgagee, the po icyr or poltctes to be held by, and poyu6le
(o, satc~ mo?fgapee, unt~ in f~e event any sum o~ money becornea ~,ya6le 6y vtrtue oj such insurance t~e
mortgagpe s1~aII Itac~e t6e rigl~t to roceive and apply Ihe same to tl~e inde6tednes~ ?~ere6y secured, aceounting
to Il~e morfgagor Jor any surplus; to pny alI coafa, char9es, and expenses, including lawyer's jees and Iille
searr~PS, reasonab~y incnrrctl or paicl tiy the morigagee because o~ t~e ~ai~we o) the mo?fgagor to pron~pi~r
an~ ~u~~y comp,y wilf~ Itie agreements, stipu~ations, conditions and cove~ants oJ said note anc~ t~is mortgage, -
or eilher: !o per~orm, comply u~ith and a6ide 6y each and every ftie agreements, slipu~ations, eondifions nncl
covenants ael ~ortti in said note anc~ ftiis morlgage or eit~er. ~n I~e event f~e morfgagor ~at~t to pay w~en
d~ nny ~ax, assessment, instuance premium Qr otl~er sum oj mon~y paynb~e by virtue o/ suid note and this
mortgage, or eitf~er, f/~e mortgagee may pay the aame, wif/~ouf ivaiving o~ a~~ecting fhe opfton to jorectose
or nny oll~er righi ~ereunder, and aU such payments s1~al[ bear ~nterest /ront clafe tleereo~ at the Rig/~est ~aw-
(uI ra(e then a1lowed hy rtie [ows oJ t1~e State o~ Florida. ' ~
any sum o~ money ~e?ein refenec~ fo he not promptly paic~ wif~in t~ays next a~ler
tf~e same bpcomes due, or i( each ane~ euery fl~e ngreements, sfipu~atio~s. conc~tltons ane~ couenants of ~aid
no[e and tRis mortga~e, or ei~her, are not fu11y per/ormed, complietl wi~h ~and Q6;d~ 6y, tl~en ihe en~ire
sum men~ionpd in said nofe, und t6is mor~gage, or t1~e enlire 6alance unpaid the~on, shnll jortl~witl~ o~
fl~ereo/ter, at 11~p optlon o/ !Re morfgogee. 6ec~ame ond 6e due nnd paqa6le, anytF~ing in snid nole or he?ein
fo fhe rnnfrory noiu~iltisfanc~ing. Fai~ure ~y f{~e morlgaflee to exercise nny o~ I~e rights or opfions•tierrin
provic~ecr sha~~ not co~slifulp a u~aiver o~ any rip~ia or options unc~er saitr nofn or f~is rnortgnge acc?ued or
If~ereaJter accruing.
~n ~~u`~ ~~Q~OI~ Itie said mortgngor {~as {~ereunto signed anc, sealetl tl~ese presenls tl~e
c~oy an~ y~ar ~ent atioi~e u~riltpn_ .
$igne~. s~a~ecr and r~e~ii(P~P~ in I~Q FIIPSPIICP of :
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STATE OF FLORIDA~ ~
cov~rr-v oF St . Lucie -
~ I HEREBY CERTIFY that on this dar, be(ore me~ an
u(ticer dulp authorized in the Statr aforesaid and in the County aforesaid to ta4~ acknowledqmenb, penooaliy appeared
Jack B. Schleif and Betty A. Schleif, his wife
to m~• known to br the pcrson describcd in and who ~xecuted the for~~toinq instrument and th@3/~~.,_`:~itnq°w
beforr me that theycx~cuted th~ sam~. ~ ~~•'~C-~'~
w,~'
~YI7:'1~ESS my hand and o((iciat seal in th~ County and Statr last a(orcsaid this 2~.tn Cr' d"ay AI-~
June A. D. 19 76 ~ ~~~;I =
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fILEO Ak0 AEcpRpEp ~ -
~T. IUCI: CCUMTY 1~`A. ~
RO~rR FOITRJ~$ ~ NOTARI' PUSi1C STATE OF RORIpA AT L,~gG+
CLERK C~~tCUIT COURT / ~ ~N ~u~ ~ ~
a~ce~:~ vE~iii~E~ ~o~vCEDTM~ • »n
GENERkI MSURANCf UNDE~tt•Ri-i~
~ar 1~ 2 ~s PN'16
338283 .
!lris Lrslnmrr~r~ prep,~r~~l !ry: F. A. HSY'ris
; ~~~~~n~ 410 Oran$e Ave
Ft . Pierce, Fla . ~ ~!!1
t' =i 1.J~)
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