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and :hall perjo?m, comply wi11~ and abide by enck anc~ euery agne~menls, slipulol~ons, condllio~s ond ~
eovenants 11~ereo(, and o/ tl~is mortgage, then thts morteage ond 11~e estatg hs~eby created, shall cens~, de-
te~+ntn~ and b~ nu1l and void. ~
~ 1f~e n~ortgogor l~ereby ~urther covQ~ants and ag~a~v~ to pay pron~ptly when due ths princtpnl and ~
interest and ofhe~ aums o~ money providec~ ~or t?e aa~d nole ond Il~t~ morlgage, w slther; io pay o~~ and
singulnr the taxea, assessments, levies, ltabiliJie~, o6!lgnt~ons, and encu~nbrance~ oJ euery nature on suid pin-
perty: fo permil. commif or su)~er no waate, ienpairment w detertoration o~ said land o~ f1~e improvemenfs
t~ereore a! any flme; !o ~eep Ihe 6uildings now or hereoj~~ on :a~d lp.~d (u~~y inswed ih a surn of not ~ess
Ihnn MAXIMUM INSURABLE VALUE
in a compnny or eompanies accepta6le to ~he mortgagee, the po[icy or po[tcies lo be l~e[d by, and pnyable
to, said mortgagee, nnd in tl~e event anq sum o( money 6ecomes pnynble 6y virtue o/ such insu?ance tl+o
mortgagee sl~al[ ha~~. tke rtgl?t to receive and apply the same to tl~e inde6~edneu 1~ereby secured, accounting
lo fhe mortgagor jor any su?plus: to pay all costs, cha?ges, anc~ expensea, i?ecludiRg ~owyer s~ees and tif~e
searci~es, reusonably incurred or paid 6y the mortgagee becauae of tl~e jailure o{ tke mortgagor fo promplly
and /ul~y rnmply with t1~e agreements, setpulations, conditions u~d couena~ls of satd note und this mortgage.
o~ eifher: to per/orm, correply with and abide 6y eacl~ and every lhe -aareemeRb, slipulalions, conditiona and
oovenanfs se! ~orl/~ in saia note and f~is mortgnge or either. In Ihe eoertt fhe mortgagor ~nt~s to pay when
clue any lax, assessment: insurance premium or of{~er sum o/ money payn6le by ~irtue of saic~ note anc~ tf~is
mortflnge, o~ etitier, t~e n~orlgagee may pay fhe same, wlthout waiuing or af
jecting the opfion to ~o?ec~ose
or any ot{~er right hereunder, nnd all such pnymenis shnl[ 6ear interest )rom date tl~ereo( at the higl~est Iaw-
~uI ~nte t/~en nllowed 6y the Iaws oJ I/~e Stnte oj Florida.
~l nny sum oJ money herein rejened to 6e not pro:nptly paid within thir'ry dnys next nfte~
tl~e same 6ecomes due, or iJ eacl~ and euery tf~e agreements, stipulations, conditions and covennnts o( sc~d
note nnd this mortgage, or eilher, are no1 Jully perjornned, complied witf~ and a6~ded by, then the entire
~ sum mentioned in said note, and tF~is mortgage, or the entire 6nlnnce unpaid ther+e~on, altall /ortluYith or
Ihereajter, at tF~e option oj tl~e mortgagee. 6ecome and be due and payable, aeything in snid note or'herein
to t~e contrary no[wi(Rstanding. Failure 6y the mortgagee to exercise any o~ !he rights or options ~erein
provided shall not consfitufe a waiver of any rig{~ts or oplions une~er saic~ note or this moHgage accrued or
the?eajter accrurny.
I -t„ `
~ (CORI'ORATE ~n ~~N•~ ~~01 tf~e rreo~tgngor l~as causec~ fkese presents to
I SF.AL) be executec~ in i!s name, and ils corpomte sea~ to be f~ereunto af
f ixed, by ib
~ psoper o~~icers t~ereunto du~y auf{~orizecj, the day and year ~i?st n~iove u~ritlen_
r1TTEST:--•---------------------- PETER M. LFANIING, INC.
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~T~M
Signed, seoled and de~ivered in 1 presence of :
- BY---•---
- - P ter M. Leaming. -P~
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(~y(~~s~ . •
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/..l-.L~!~;1T.?rc! _~'r.(?~.1.+..._. ~ '
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FILEO AKO RECaR~ED _ ; ~ ~ ~ - -
S?.LUCIE COUNTY FIA. G~. ; _
P.OCER PO~TRAS ' ~ _
. - ' ~ Ctf FK C~r~~1lIT C0~ ~~v4 ' ` ` :t
FLORIDA ~~,r~ ' ~ r
Of DEC Z ~ {2 32 M
~1?~~ ~l ST. LUCIE '•~~~,r:::~~ ~
I HEREBY CERTIFY ~Iw~ on ~I~is da7r. 6.Jo.e me. on o(Jjce. dulr uwM~.is.d in t1~. S1al. nnd Cou,~r o%n,od w toL. «Lw~ul.do-
~M~. °~~~Ir ~D~d PETER M. LEAMING
wrll bww~ to me to 6~ J~e PrrAdrn~,~~ eifjiidfu~t]i~Clie owporwiQn mmrd a~
mo?Igagor in ltie ~artyoinp inslrwnrnl. anc~ I~al ~r oc~uwur~edprd e~etutinp l~e so~ne. in t~e prrstnnr o~ han wbaai~ing suitnesaes.
~.Klr a~d oo/~a.~[r ~.~d.. a,dp.~r d~1r o~~~d lmbr wid ro.Po.a~w. ~~oe J~. .~.d o/%d ~eo u dr a,.. c~o.po.we s~d a/
soid co.pwat~on.
wrr~vESS m, ~d ~d ~/~t ,~t ,rK C~r o•~a sw~ ~/~,~d ~ z 1 ~ ~r d December , .
A. D. ~q 7 7 .
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C
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Not y Pu~I~i~ •~••S~~at~e oriaa
at Large . ~ ~
My Commission F~cpi~es~ :3. g4
!l~is I~wrumc~rt prep~~rd by: 0 R . . . . . ~ •
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