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an~ sha~~ pe?~orm, n>mpiy wif~~ ~?~d a6~de 6y ~1~ anc~ ei~ery f{~s agreemenfs, sltpu~ution"s, eonditions anc~
co~~enanls Ihe?ew~. aric~ oj fhis mo?f~ane, t~er~ 1{~is morlpape and fhe pstatp 1?ereby craafed, stio~~ crase, dt-
fprmine ant~ ~~e nu« anc~ ~wi~.
~ thw murtgano~ hewby jurlhor covenanfs and agrees to poy promptly wl~en due the p~tnctpal a~d ~
interest an~ of~~er sums oJ money pro~~icle~I (or in sat~ nofe and I~ts mortgage, w eilher: to pay a~~ an~ ~
sin~u~ar Ihe taxPS, nssessmenfs, ~evi~s. ~iabi~ilies, ob~i~alions, and encum6ronce: o~ every nalwe on said pro- ~
perfy; to permil, rommif or suj~pr no wasla. Impairmenf or defe?lorofion oj saicr ~and or fhe improvement~
1{~Prrcn af any Ilme: ~['~UQR7[0~1~2tOpd}~7l
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~i(~~~~ to pay a~~ costs, cf~arga , and expensps, incluaing ~awyer~s fees and fll~e
sea?r~~s. rnasono~~Iy incurrecl or pai~ hy f{~p mortgaflpe 1?.rause o( f~e ~ai~ure o~ Ihp mortgagor lo prompt~7~
an~ ~ully comply wif1~ !he aQreemenls, sfipulalions, con~~ifions an~I rn~~enanf~e~ said note an~ Ihis morlgage.
or pil~~er: lo per~orm, comply u~itl~ an~ abide by each and CVPry IhP agreemenfs. stipu~alions, rnndifions and
COl~PflA/1~3 SP~ jorlF~ 1~1 said note and tl~is morfqage or either. In !he event the mortgagor ~~1~~d ~O ~y U~~pR
due any ta.r. assessmenl. insumnce premium or othe~ sum o~ money payab~e by t~irlue o~ saicr nole an~ f~is
morfgage, or pil~ier, 1~~e morlgac~ee may pay ttie same, u~ifhouf waiving or a(recfing.fhe opfton fo (orec~ose
or any ofl~er ri~~I~f I~e~PUn~Ipr, anrl all such paymenfs .shall 6par intprest /rom ~ate thereo) at Ihe higl~est Iau~-
~11~ ~(I~P ~~1PIl q~~0tlrgl~ ~V ~'IP ~AU~S O' ~/IP ~~a~P O~ ('~Ofl(IQ.
any sam o( mon~y ~~e~eiu re(errec~ to tie not prompl~y paic~ wifhin 3~ t~nys next njfer
1~~~ sam~ hecom~s auP, or i( each anc~ e+~Pry f~~e a,ryreempnfs, slipu~ations. conJilions ancr conenants o~ saic~
notP nnd Ihis morlga~te, or either, are not fu~~y performed. compliecl u~itl~ and a6ided 6y, ~RPR If~e pntire
sum menlioned in said.notp, ancl Ihis morfgnge, or fhe entirn balance unpaid iherpon, shall jortl~u~itf~ or
fhereafter, nt t{~~ opfion of the morlgagc~. 6ecome ant~ ~ due nnd paqa6le, anytl~ing i~ said note or herein
fo I~e confmry nolu~itF~slanc~ing. Failure ~y Itie mortflaqee to Pxercise any o~ ftie rig{~Is or options ~?erein
proni~~pc~ s~a~~ not consliiufP a irai~~~r o~ any ric~~ls or opfions unc~er saic/ nole or fhis mortgagn accruei~ or
I~~er~a~l~r nccruing.
~n ~itness ~~~1~ 11~e said rnorlyagor hns nlo signed ~II~ SPaI~ I~PSB P~PSP/IIS fhp
dny nnd y~ar )irst aboi~e ii~rillpn. SHO E ISES, INC.
a ri c por ion - ~ . _
Sign~c~. sea~p~ an~ ~e~i~~Prnc~ in ihe pres~rue of : .•••~""~~~'+v,;~ ~
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- Robert J. Ca c. ~~Pxes en £
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~ STATE UF FLORIDA,
co~;1TY OP ST . LUCIE
I HEREBY CERTIFY that on this day, betore me, an
of(i~er duly authoriz~d in the Sta!e aforesaid and in the County aloreuid to tak~ a~knowkdqme~ts. pertowlly appeared
ROBERT J. CATENACI, as President of Shoreland Enterprises, Inc.
a Florida corporation,
to me known to br the prrson described in and who e:ecuted the for~qoinq instrument a~d he ~~k~w~R~
~ be(orc me that he ~xecuted 1he same~ SS PL'~3]~llt affixed the oorpo~rate SeSl ~IEr@t0
N'il ~tiESS my hand ancl official seal in thc C:ou~ty a Stat ?ast aforesaid 23rd day of
June A. D. 19 7 6. ~
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~ Notary Pu ic, Stat of F1 da at Lar e
~ - My Comani s ion Exp ir s: ~ ~
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~ $T.l~~•.~- " :RAS
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3 ow PK'76 - ~ ~ ~1~` -
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R1CHlIRD D. SNEEO, 1R. ~ , . •
~r,u r,uln,,,,~»~ pn~,m~~ ~y: ~ttorney ~t t~w ~J~'~~'; ?
~ 700 Yrgin~ Ave. ~ r . ~
;1JJrr~~s ' :
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Sun Bank Btdg. - Snitp . :
fort Pieru~ fl~. ~JJ ~ ~
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