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a~d :hnlt ~.jorm, romp~y with and abide br eacl~ and e+~ery fhe QgreemeRl~, ~tipu~aflo?u, rnndtftons und '
co~~enanla fhereo~, anc~ o~ fhis mortgagP, f~en t~is mortgage and tl~t e~to1• hen6y c~eated, ~tia~~ cease, d~• ~
tennine and be ntdl ancl awid. ~
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Ii~ I~e mortgogor tieruby /url~or c~ovenanfs nnd agrees to poy promptly when due !he princlpa~ and ;
infe?ps! and of~er si~ms o~ money proulde~ Jor in said nots and fhts niorfgage, or eiltier; !o pay a~~ nnd ~
ainQular 1/ee faxea, osspssntenfs, ~vies. Itabilitlvs, ob~igations, and encumbr~nnces o~ every nnture on saic~ pro- ~
perly: ta permil; commil or su~~er no wcute, impairmenl or c~et~rio~+ation o~ said ~anc~ or f~e improveme~ls _ }
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ftiereon af any fime; to ~eeep Ihe 6ulWing: now or herpof ter on said Iand jully insurecl in a sum o~ nol ~ss
~I~a?? Full insurable value ' F
in a company o~ compnnies acceptab~e to !he ~norlgagee, Ihe po~tc~r or po~tcies fo ba tie~ by, w~d ~ya6b ~
lo, s4t~ moNgagee, and in I~o eu~nf any swn o( money ~iecomes ~,ayabl~ 6y virfue oj s~ech F?uwance ttie 3
morlgagep s~a~~ ~ave f~?e righ! to receive and npply the same b fh~ t~debtedneu here6y secured, accounttn8 ~
• to !~e morfgagor ~o~ any surp~us; eo ~y Q[l ~o:~, chargea, and expensps, includ~ng ~awye~'s ~ees nncl ftt~e ~
searc{~es, ?eusona6ly tncrured or paicl 6y flte tnorlgagee becnusa o~ ltie jai~ure o( !he mortgngor to prompt~y ~
nn~ ~ttlly Corrtply wit{~ fhe asreernenls, sfipu~atlona, rnndtttons and covenanfs o~ said note and tl~ts mortgage, i
or eit{~er; to per~orm, romply witl~ and a6tde 6y eack and e~~ery t1~e agreements, sfipu~ations, rnndittons and ~
covennnts set /wtl~ in said notQ nnd lhts morlgage o~ either. ln the evenl the mortgagor (ails to pay w?~en
due any tax, assessment, insurnnce premium or other sum oJ ~noney paya6la 6y virtue o( said note and t/~is '
mortgage, or either. t1~e mortgagee mny pay tl~e same, wit~iout wnining o~ a((ecfing tl~e oplion to ~oreclose
or any other ric~f~l I~ereunder, and alI such payments shaIl bear interest ~rom date tF~ereoJ at the I~ighest lau•-
~cd rale Ihen allou~ecl by t?~e [aws of tl~e State o~ Floridn.
71 any sum of money /~e?ein re(errecl to be no! promptly paid wilhiR thirty(30) days next Q~fer ~
ll~e same 6ecomes due, or i f eac{~ nnd euery t1~e ngreernenls. stipuiations, conditio?u and covenants o( said y
nole and t6is mortgage, or eithe~, are not jully per/ormed. eomplied with -and abtded by, t6en t?te entire
sum menfioned fn uticl nofe, uncl this rnwtgnge, or Ihe entir+e bala?~t unpattj t{eerron, s~ea~ ~orl/~with or
fhereaf
ter, nt f~e optton o~ Ihe rriortgagee, 6ec~ome nnd be d~~e and pnya6le, ahyll~ing in snitl note or ~erein ~
to [~ie cunfrary notwithsfanding. Fai~ure tiy the inorlgoQee lo exerctse nny o~ !he rigtifs or opftons herein ~
provtded shnjl nof co»stilrele a u~ai~er o~ ony rip~fs or optiont under snid nofe or t~is mortgage accnied or
t~eretr~ler accruin~.
~n ~itness ~hereflf~ Itie said morigagor ~as tiereunto signec~ and ana~ these presents tf~e
~ay an~ year jirst a~ove wriften. ;
Signecl. se ~and d ll~PlPd in th ?resence oj: Y
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r - W. NE URGER i
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t~1,~~p . RECO~i~ ~
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ST.l1fC1 ~
ppC~~ POITAaS _
CLc~K. rtnCU1S CC R ~
S:3~F•.f~
nu 3i383`78 '
STAT'E OF FLORIDA. DE~ Z~ " 36 nt, ±
coU~r~rv oF St . Luc ie , ~
1 HEREBY CERTIFY that on this day~ beforc me. an ;
otficer duly authorized in the Stat~ aforesaid and in the County aforesaid to take acknorrledgmenu, pcrsonally appeared
PETER F. NEUBURGER and KAREN W. NEUBURGER
to me known to br the person g described in and who executed the foregoirig i~strumrnt aed they ~~knowkdgcd
be[ore me that they ezecuted the same. ~
WI'f:\ESS my hand and oUicial seal i~ the Couoty and State last aforeuid this •.c~Q . dar of
December A. D. f9 77 . ~ ' -~r ~
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My Commission~Expires: ~H'S~ RY PUBL~ C~STA~F ~,OBIDA
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1 %iiJ hulnii~uiil papnrr~l by:
t'~'~~n-~ THtS INISTRUl.fE +T :~.FG.~=f D BY
GEi'.rGf ~ . ~ so~279 PAGE 4b'~
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