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.~d a1~.U v../o.r+. ~,ly Wuk o,~d abid. 6y .ack and ei~. .o~..~..,~. .e~~.l~e om~dteton. a,~d
oa~nona tk.nw). and oj~ tkla n~wtgaa•. ~1~•n tha ~noMgop. a,~d ~k. .,tae. f~.nby cr~at . aliaU wos.. d.-
ta~wtn~ and 1» nutl and ~•old.
~ ~k~ ~we9~o. hewby Jwel?.r oowna,sa a~d aA.+.., ~o pa~ w~Pi[y ~,h.n dw eh. ~nc+pol o,~d
tnt«+n~ a~d oeker swn. ol moner prov~d.d (or in satd noe. a.~d d~+, mortgao.. or .ul~w: ~o pay aU a,~d
alnpu~ t~~ faxes. waessmenta. ~evtes. Itnbllitla. o~tgatlau. and Mcuin~inancw of ~wr~ ~otun oo ~afd pro-
prrt~: to pNn~lt, eanmit or sujjtr no u,asl~. in~patrmen! or ~lwiaalion o~ ialr/ ~ or t~u linprown~e~b
t/~enron df any time: to ~ep tl~~ bu~Idtnga now or herr~a~~ter on satd ~~d /uUr tna~wcl tn a sw» o~ not ~sr
f~ian fUll 1J1SUT~1@ {~52116.
tn s~ny a? rar,~„t~, ~peabl~ io il~. ~o~eBoa~.. ~I~e Pokc~r or pol+~t.a eo 6. 6.W 6r, a.~d po~64
eo. ,a~d ,~+o~e~~.s. a?uI iR fl~e event nnq swn of money 6acnma papa6b 6y ~uew bJ a~b tn.u.nnc. tl~.
~noregog~ :kaU 1?~w tl~~ ?ight to n~cetw an~! app[y t1~ aa~ to tl~ inde6t~dn~sa 1~6y secund, o~o~ntt,~
to t1~a mortgagor ~or nny awplus: to pny aU c~wb. cl~nrgp. and expenaea. including Inu~~ i/e~a and Hlli
,.a~+cl?t,, reasonn6lr incuir±~c[ or paid by tl~e niortgnget 6scnuss oj ~h. j~tG,.+. oi d~. eo ~o+npel~r
and IuUy c~omply wtt6 tke ngroements. ,~~u(a~~o~,. ~ondieiau ~d oow~a o/ ~td noee and ~ht~ ~+o~eao..
or ~tthK: to pe?~orn~. con~[r wttl~ and nb1d~ 6y tach and ~wry -tl~ agnemenb. ~ttpulattons. onndltlav end
ooner~na set Jortl~ in sa~d .wt. and thL mortgugs o~ etcl~... In t~e event tIu neafgngor ~dV to per w/~t
due any tnx. assessment, truuranc~e prernium or o!~ sun~ o/ ~onsr Aa~bie br ~trtue o~ said note ~ thls
~ore~oAe, or ~teher, eh. +noregae~ ~r nay eh• ~,.ae, widwur w~~ or af(scting tlie option to /o~cbs.
a~r ~ehr he.+e,.nd~,: nnd aU sucli poymenb shnU bear interest jron~ date lhenoj oe il~ 6~lu~se !aw-
~uI m!e Iben aUowed by tl~e Iaws o/ t6e State o~ Flwida
7~ ariy aru~ o) money /~er~eln refemrd to ~e not promptly patd within 34 dnpt next a~tK .
the same ~c~onees due, or i) e~cc~ ~ every f~ie agr,eemenfs, sttpu~ntions, condifions and covenwtb of mld i
not~ and f~eis ~narlgage, o~ eitl~er. a~+e not ~uUy perfonnsd. oomp~ied ~it1~ and abtd.d 6r. fhtn t~s eRNr~t
ium mentioned in saic~ Kote. ar?d thb mortguge, or the arttii+e ba~nce unpoic~ the~, s~ (at~u~tl~ or
tluha~eer. ot ~I~e opeion oJ el~e moregagee. becoene and 6e due and papa6le. anpll~t,~g in ,nid r~ot. or lan.+,i
eo t?~ ~ne.n,~? notwitl~standtng. Failuro by tbe mortgagee to exer+~t,e ~y o/ el~. .,t9ha or oPaoti /~.r.tn
pnoui~e~ s~?a~~ not constilute a u~niner oj ~y .t96a or opfions under said nole or t~iit nwrfgagt ac~usd or
t~iereaf
te? nccrcti~g.
~01~ the said moHgugor Iws ber~eunto stgned and senled tl~es~ prosenb !he
day nncr yecu ~i?st aboue writlen.
LEROY E SMI1N'S SONS,-INC., a Florida
ed, s ~d deG ' 1he presence o): CUT~O tlOtl
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- . . ayle Sm' h, President
_ . _ ~~~'y~~ ;
_.G. ..,c.~~~.._. ~ .
~ ~ ~ ~ ~ ~ttest . ~ec 1 . .Tohnson, Secre~y
, .
STKIB OF FLORIDA, ~ . - •
oovrmr oF INDIAN RIVER ~ ~ ;
I HERE3Y CER1'IFY tbat a:, du. a.r. ~ a.e,..,; ~
aHicu dulr autlwrized in t6e State aforaaid and "w t6e Counq afataid to ta~e scknorledsme°~sr P~T,+~pP~
Gayle Smith and Cecil L. Johnson the President and Secretary respe~~i~rely: o.~'~
~ Lemy E. Smith's Sons, Inc., a Florida Corporation
w ~ ~ ~ ~ ~ s a~ ~ ~,a ~«~aa ~ t«~~ ~a they
befa+e me tbse they accuced e6c ~aae.
wirtvess baua aaa aft?c;al seal in d~e coueg ana sate iart daresaid t6i. ~~L' 'r=~ da~ of
~~7~~~,cv' A. D. 19 77 c
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T'Y.~ ~ tSLC O~ ~~Ol~l~ ~"t
Large. 4y co~missio~,~expir~s : ~
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TTiv La~,umrrrot prpia+nl 6~r:~ Darre2l Fennell r
P.O. Box 760 ~ R ~ ~
Vero Beach, Florida 329b0 QCx