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nne~ ,holl pp.~o~m, comply wifl~ an~ a~i~e ~y ench and every f~e agreements, ~Itpu~afions, ronditlons and
coi+enanls Ihpre~o(, and oj thts mortpaAe, ti~en Ihts mwtgaAe an~I Ihe estafe hp.pby ~~~pd. ~hall cewe, de- ~
Ie?mine and 6e null and ~wid.
~n~ Ihe mortga~~or hen~by ~tulher covenanls anc~ ap?ee~ !o pay prompl~y when due t1~~ p?tnctpal end '
tnte?ea! anc~ oltier sums of inoney proi~tc~e~ (or in aal~ nofe und fRis •mo?tgnga, or et[tier; to ~,y a11 anet
sinpu~ar !tie IQ1P5, assessm~nb, INVIPS, ~ia~i~ilies, o~l(pa(ions, and encumbro~ces o~ every nnfure on saed pro-
perfy: to permif, inmmlf o~ su~fer no u~aste, impairmenf or deteriorofion o~ saicl Iantl or !he improvemenls
tl~p?rcn ot any 1ima; to k~ep IhP 6uildinns nou~ or heremJ~~r on ~aid loa~l Jeilly insiued in a~um of not less
tl~an full insurable vdlue.
tn a com~xiny or ~ompant~s acc~pfa6le fo Ihe morlgagc~e. Ihe poltcy o~ policies to l~e held 6y, and ~ya6le
fo, saia morlpagee, an~ in Ihe ea~ent any sum o( money 6ecomes paya6le 6y ~+trlue of sucti insu~nnce t~e
mortgdgep s{~a~~ ha~~e ftie rifl{~1 fo receine a~c~ apply Ihe same to Ihe inde6tedness hereby securec~, accounttng
to fhe morfga~or (or any surplus; fo pay a~~ cosfs. C~Q~'QPi, O~l~ pXPlllSpi. 1ne~uc~ing ~awyer~s fees and (itk
searcties, reosoria~~~y incu?re~ or puic~ hy Ihe mo?fga~ee 6ecause o~ f~e ~ailure o( f~e morfgngor to prompf~r
and Ju~~y c-omp~y u~ifh f~~e a~reements, slipu~alions, conrlifions urtcl covenanfs o( said nole an~ ltiis Morfgaee. ~
or eil~er: lo per~orm, comp~y u~itl~ and abide by each and every the agreemenfs, stipu~afions, conc~ifions and
conenn?~ts sef lorl{~ in saic~ note and f~is mortgage or eifher. In !he et~nt ftie +n~orlgagor ~ai~.t ?o pay when
due any tax, assessm~nf, insurance premium or otl~er sum of money payablp 6y nirfue o~ soitr nole anc~ ftiis '
mor~gage, o~ ~if~ier, f~~e ?+iotlc~a~ep rnay pay 1{~p same, wittiouf waiving or a~fecling t{~e option fo ~orec~ose ~
or any otleer riuht {eerpundpr, an~ aII such paymenfs shall bear intereat Jrom date thereoj af Ihe highest law- '
~u~ rofe 1~~rn a~~otvet~ {~y 1~ip ~a~vs o~ 1{~e ~fafe oJ Florida. -
a~~y sum o~ moi~~Y ~~rrpin rPferrecl to tie nof promptly pait{ within thirty c~ays rtext a~ter
~~P SQA'IP ~PCOm~s c~u~, or i~ eac~~ pfl~ Pt~P~y I~IP QfJ~PPMpt1~S. SIlrUTAIl04S. COflc~ifi.ons an~ covenanfs o~ said
note an~ 1{~is morlgap~, or eill~er, are not Ju~ly perJorme~, complied will~ and abided by, then the entire
sum mentione~ in said nole, an~ t{~is morfgage, or !h e entire 6n~ance unpaicl lhereon, s{~al~ Jorltiwil~ or
f~areaJler, af fh~ oplion o~ fhe mortga~ee. ~ec-ome and be ~ue and papab~e, anqf~ing in sai~ nofe or ~erein
fo Ihe ~onfm?y notu~ifl~slanc~inc~. f'ailure hy ftip morfgagee to exercise any o~ f~e rig~ts o~ options herein
provi~Ievl sha~~ nol consliiul~ a u+aiv~r o( any rig~~ls or options ~u~~pr sai~ noln or t~is morlgnge nccruee~ or ~
t{~ereajf~r a~cruin~-
~n ~itness ~~~Ol~ Ilic~ saicl mori~agor f~as ~p?PUnfo signc~ and s~a~ed lhese presPnts the
~ny ana ~ear Jirsl a~?ar~ ~vriften.
Signp~. s~alea unc~ ~f~•~i~•~rnc~ in f{~~ prnsi•iu-~ o~:
~lnG~Y/ ~ ~ lG ?1-•~ 'li~ ~
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~ David M. McDowell
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~ . . ..!.'.JG:_Z. cYt~1!' -.:.t. ~~l~.~owc.1.~.- - ~
Margar t S. McDowell ,
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STATE QF FLORIDA, ~ -
COL\TY (~F gT. LUCIE
I HEREBY CERTIFY that on this day, betore me~ an
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o((ic~r duly autho~iz~d in the Stat~ afor~said and in the County a(oresaid to tak~ acknowkdqments~ pt~rsonally appeared '
DAVID M. McDOWELL and MARGARET S. McDOi~IELL, his wife
to mc known to hc thr p~•tson g described in and who ~a~cutcd the [or~qoinq instrumcnt and they acknowledged
be(orc ine that they executed the same.
1~77'tiESS mp hand and olficial seal in thc Counq• and Statr last a(or~said this 16th day o(
December A. D_ 19 77.
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fItEO aND AECak~EG ~ `~~f~~'u \
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S~.IUCI£ COUNTY f - ~ .
aocf~ ~~~tR~s N ar P ic - tate of Florida ~
fIEFK ~~RC~1T COURT ;
~ ~ My commission expires: `
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O~c 21 12 5~ PM'~~ . :
~T~RY PUBIK STA1E Oi fiOR;DA At t,R~,~ _ • £
MY CC :UrISSIO~v EXp;ItfS p~i ~ 6 1979 ' ~
3C~~7M„~ BO:•:DEp TFiR~ ~NERAL INS.INrDfRWR1TEItS .v . .
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Scott M Kenne Es uire , S;.;i
~ I/lJ Il1l/!7I/!/fll/ f1IY'll~r~~! h y: • y• q
McDonald, Kenney & Russakis, P.A.
~~~f~~n~ Suite 200, Citizens Federal Bldg U R~
1600 South Federal Highwa~ 600K~7ay PAGE z
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