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anc~ shal~ pe?(orm, comp~y u~ith nn~ O~tIIP by each ona every tl~e ag~eements, slipu~alions, coridilions ona .
coi~enants I~ereof, and oJ this mo?tgape. Ihen Ihts mortgnge and Ihe estale hereby crealed, sRoll cease. de-
I~rmi~e and be nu~~ and void.
ftie morfpagor {~ere6q ~urf?~er co~~enn~ls and agrees to pay promptly wl~en clue fhe principal and
inleresf an~ ofher su?ns o~ money providea ~or [n said nofe ancl i~Ia mortgage, or eifher; to pay a~~ and
singulur ihe tu.~re:, assessmenls. Ir~~ies. ~iabilities, obligations. and encumbrances oj every nalun oA taicl pro-
perfy; to permil, commif or sul~er no wnste, impairinent or c~eferiomfion o~ sa~d bnd or Itie improvemenl:
Ihareon nl any limp: fo ~PPP IIIP 6uildings nou~ or F~ereu~fer on said land (ul~y insurecl In a sum ol no! ~ess
I than
i in a company or ; ompani~s acc~ptab~e to the mortgagee, the po~icy or po~icies to 6v held 6y, and paya6le
fo, sai~ morfgage~, and in fhe pvenl any sum o~ money dec-omes ~ayati~e ~y virtue o~ sucti insurunce fhe
mortgngee shall I~ai~e Il~e ri~~ht to receii~p anc~ applv I?~e same to tlie inc~e6tedness Rere6q securetl, accounting
to f~~e morfgagor (or any surp~us: to pay a~l costs, c~arges, and expenses, inc~uc~ing ~awyer~s Jees and fif~e
searc~ies, reasonab~y incur~ecl or paid by ~h~ morf~a~ee ~ecause o~ the ~ai~ure of fhe morlgagor lo prompt~y
anc~ Ju«y compjy u~ifl~ the agreements, stipu~ations, conc~ifions an~ covenanls o~ sai~ note anc~ ttiis morfgage,
or pither: lo pe~~orm, comply u~ilh anc~ ahiae by eac{~ anc~ euery 1{~e agrpempnfs, stipu~aliona, conditions and
~ covenanfs sef forl~ in sni~~ nofp nnd fhis morlga~e or eif~er_ ~n the event Ihe mortgagor ~ai~ fo pay when
i ~ue any fax, assessment, insuranc~ p?emium o~ olhe~ sum o~ money payab~e by ni~fue o~ saic~ note ant~ ftiis
~ morf~a~e, or eit~er. Itie morfgageP may pay lf~e same, withou! wnii~ing or a~jecfing fhe opfion to lorec~ose
~ or any ofl~~r ri~l~i hereuntler, antl all such payments shall 6ear interest /rom date thereo~ at the higl~est law-
~u~ rale f{ien a~~o~oec~ hy f{~e ~au~s o~ f~~e Sfafe o/ %roridn.
f
j iL nny sum o~ money ~~erein ?e(err~ to be nol pro:npt~y pai~ wifhin 3~ cjay~ next a~ter
+!{iP same 6ecom~s clii~, or i~ rocl~ and e~~ery the ay?eemenls, stipu~ations, condilions an~I couenants of aaicl
~ note and Ihis morit~aye, or PIIhP~, arp nol f ullp per(o.?.~ed, complied wit~ nnd ab~ded by, tl~en t1~~ entire
s~im menlionPd in said note, and this mort~~a~~e, or !he enlire Iw~ance unpairl fl~ereon, sl~ul~ (ortluyith or
tRerea/~er, at tl~e option oJ fhe mortyagee. Lecome nnd be clue ancl paya6le, anyfhing in said note or'herein
fo fhP confrary notu•if{~stanclin~. Failure f,y fhe mortgagee fo exercise nny o~ the rigtils or options ~erein I
proi~i~e~ s~~at~ n~?f conslitulP a wai~~er of any rig~~ls or oplions unc~er saicj nofe or f~is morigage accrued or
il fhereafter ac~ruiny.
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t~`?IC~I'OR:~TF ~n ~~tness ~hereof f{~e morfgagor has cnusec~ f{~ese p~esenfs !o
i -.~1 FAI.) esc~ule~ in ifs riame. an~ ils corporafe sea~ to 6e hereunto a~~ixec~. 6y ~~s
'~+ri ~ . , , . , . • • ~l ~ proppr o~f icex t~ereunfo ~u~y autl~orizec(, tlie day ond year ~irst above ~uriffen.
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" • ` ` ADAMS RANCH , INC .
:~TTF.S"f_~.-.:.~t.~.~ ~ ~~<~11~7>;~;c~
. . . _ .
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+ Signed, see~~•rl and d~lir in II~F prr~srnc~ o~-
, _
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1! . . - t3~..<Alto Aiiams.; ---Jr. ,---Its._.....P«.~d~..._
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' ~M;i n ~
~~~~~G?~_~,~~~~r
G~.- ~C,~iP?E
. Q~._EaK C~~CJIi CQ1111T
~LAIe OL PFrt'RD Vc~~•~E~
~ FLORI DA u C
~Q(~n~ Qf ST. LUCIE {1~ii ~ ' 4~ ~^'~v
. 1 HFItEfiY ('1 Kl~?Fl' il~ot on ~l~is ~~uy. I.r(wr m~ an o(J«ar du~r aw{w.~ud in IRe $late and Counfr oforesoid to Ia~or oc4no~edq.
~.~.~,,,~„n.•.,,,,K.,.,.,i ALTO ADAMS, JR. ,
u~~•~~ ~r.uu•n !n r.w h. ~.t~ f~~s• ~~rvve~rnlS~ ~7'AIIN~r o~ I~e t0?poralion mrned W
rru.styogo? in Itir (.+n~q<tinq ir~.lr~~nw~nt. on.r 1{~al ~~y iu~~rwu~~~~grJ ~~etul~nq I~a samt, in f~ pleien[Y q Iu0 wbun6tny wirar~s~s.
~ frrv~~• on~~ r~.~unlnr~lv umjvr autl~wJv ~~u~~~ rr~Ir~ in 1~~ ~.y wu~ rwpavul~un md Itial l~e[ ato~ a~~ued t~reto it t~t f/ut ~ .
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wu~ cw~roratton. ~ ~5•~: 0` ~ -
m> han~~ an~~ o~~~~~a~ seo~ m 1{~P ~'«.nly ard Sldt ~ast a~oresa~ Itiis dor of•`~~~~!~~v~ °
r, 76 . _ ~"1, nrj'.•~
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' Notary P~fblic, State of~ j~a~'~~, e
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My Commission Expires : ~
iI r~ ' ~ ~J'J PA~E ~a7U
~ /lr~~ J~vln~~ilr-ul r~i~+vri~! l~y: ti;;c; .
THlSlN~RU',~E~~i ~rA.S i' C(~r,:'i~:
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