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QII~ ihali pe?~<~fRl, t'OOIN~V U~1~{~ All~ Q~l(~P by PQl'~ 411~ PVPIy ~hP p~?F@IIIPII~t. ~I1pulaffuns. M~tUfl~Oftl and
rovenanfs 1~~~~~ro(, an~ o) 1~iis morl~~a{~e, f~~en Ihts mwf{~a~e and 1hp esfale {~ern~y crpale~, sha~~ r~n~e, c~t- i
tPrmine anc~ ~?e nu~~ an~~ ~~oi~~.
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~n~ l~~P murl~~ano~ ~u~mf?y ~ttrlher covenanls and ogrees fo pay prompl~y when c~ue Ihe prin~•ipa[ ond ~
inleresl ant~ e~l~~rr sums o( money proni~cKl Jor in sait~ n~le and Ihii mo~fgage, o~ eil~ter; (o pny and F
sInflu~ar l~e IA.CPS, ass~ssrtu~nfs, ~~i~i~s, ~ia~~i~ili~a. oh~igalions. ant~ encumhroncet o~ every nalure on sai~ pm• -
pe~ly; to pPrmil. i-ommif `o~ su f~er rto u~nste, impairmeni or deterioralion oJ sai~1 ~and or Ihe lmprovements ;
IF~ere~n af ~e~y lim~: to IrE~~p 11~~ ~~uil~Ien~s nou~ or h~r~~t~r on saicl Ianrl ~u~~y insured in a sum o/ nnl less
tl~nn full amount remaining unpaid ~om time to time ;
tn a i•ompany or rompani~~s ACfP~)IA~~~e fo fhe 7110II{~P}JPP, ttie po~iry a~ po~icies b 6e held by, Af1t~ ~PyQ6I~
to, saic~ morff~nyPe, arttl in 1~~~ ai~Pnt any sum oj mon~y ~ecomes puyah~e hy virtue aj such in~tuat+ :~t i
morlgngep s~a~~ ha~~e Ihe righl fo r~ceivP nn~ apply Ihe same !o tl~e in~ebledness tiere~~y securrd, acrounting
to f~e morf{~anor Jor any surp~ur, !o pay a« costs, c~a?ges, ~nd expenses, inc~uding Iawyer~s f~ea n~~d f1t~e
searcl~~s, r~asonaf~Iy incurre~~ or paic~ hy fhP morfgagee because o~'1{~e ~ai~ure o~ f{~e mo~fgu{~or fo prompt~q ~
and lu~~y romp~y ~oit~~ f{~e agreemenls, sfipu~alions, conclitions ancl rnnenanls oJ said note a~~d l~~i~ morlgage. ~
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o~ eiff~pr, fo per~orm. ~o~~nly u~~d~ a?~d a6~de 6y Pa~h anc~ every I~~e agseements. slipu~alions, condifions and
coi~enanls sef ~orl{~ in sai~1 nole an~ !{~is morlgage or rittier. ~n the evrnt !he morfga~or Jai~. to pay u~hen ~
cjue any fax, assessm~nl, insurance premium or of~pr sum o~ money paya6le 6y v+rtue of saic~ nole and f~is -
morfQage, or Pil~i~r, f~~~ morf~~a~e~ may pay Itip same, u~itho~d waii~inp or a~fectin{~ t~e option fo ~orec~ose
or any ofh~r rig~~f {u•rnun~~~r, an~ a~~ su~~~: payme~ls s~aU 6ear inlp?psf ~rom ~ate thereo~ af ff~e ~~t~hesl ~aw- 3
~u~ rnle I?~~n a~~ou~~~l by t1~~ ~a~~~s o~ ~h~ ~IqIP o~ Flori~a. ;
y
~L any sum oj mon~y Ii~rei~~ re(err~~ fo he nof prompl~y paitr within 30 days nPxt n~ter :
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ftie same heromes ~u~, or i~ ear{~ anc~ N~~ery the agreemNnfs, slipu~ations, conc~ifions an~ coc-enanfs oj saic~ }
nole ~nd il~is morl~acµ~. or ~ill~er. a~~ no1 jully p~r(or?ned. complied with 'and aGided by. tl~en IF~e entire '
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sum mention~d in said nol~, and this mortgage, or fhp entire balance unpaid . thereo. , sF~all /orthwith or
therea~ler, af fti~ opfion o~ t~~e mort~a~e~, hecome an~I he ~Iue and ~ya6l~, anyt{~infl in sai~ note or he~ein ;
to Iti~ contrnry nohoifl~sl~n~ing. Failur~ ~,y tE~e morfgagee to pxercise any o~ fhe rig~~ts or opfions ~erein #
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provic~e~ s~~ol~ nof consfiluf~ a ~noi~~Pr o~ any ric~{~Is or opfions tinc~er snirl nole or tnis mortgage accrued or a
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therenjf~r ai•cruir~c~. _
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~n ~itness ~her~of~ f~i~ sni~ morfc~ngor ~ias ~~ereunto signpt~ an~ sea~e~ I~rse presenfs t~e ?
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~ay nnc~ yc~nr jirsl a~~ore u~ritf~n. ~ ;
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Signec~. s~a~P~ an~ ~~~ii+e ~c~ in ff~~ pr~se~nre of : S
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~%~qC/G~N.. - f t c t t`'~. ~ -1 `
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~ ef~~~ son Monroe, -
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; ry Monr e :
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€ STATE OF FLORID:1~ ~
~ ~ cc~u~TV c~~ ST . LUC IE ,
g ( I HEREBY CERTIFV that on thi: day, bcfore me, an
~ ofii~~r duly authoriz~d in th~ State aforesaid and in th~ County afor~said to take a~knowledqm~nts, pcnonallv appeared
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JEFFERSON MONROE . JR. AND N.ARY ~IONROE, his wife ~
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~ to me kno~cn to br th~ person$ describrd in and who caecut~d the for~¢oinq instrument and tj1g~/ ackuawkdged
~ belor~ me that they ~x~cut~d the same.
~~'IT\ESS my hand and o(ficial seal in th~• County and Statr last aloresaid this 2'lth day of
~ January D. ~q 78.
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; • ~ ~ State of Florida at Iarge -
•;G~l ~ FILEO AND RECUROEO N~y Commission Expires
' ST. LUCIE COUNTr F~A . Not,~, p,b&, Seate of Horida at lu~e
~ ' ~ RA ,ER POITRAS ` Ho ida
~ CLER~ t;Ifii;U1T C~UR' ~ ~ •
\ t~oeH b A+a++k,. rw a c«wa. c.~o...
a U ti . YfRIFlED._.._._-..
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~AN 3I 4 os PM'T~ ~
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~ ' President ~
~ %%is In~lrn~nr•~~~ pr~pru«l by: F'rederick B. Guhse , ;
~ Backus E7iterprises, Incorporated y
~ 1615 North U.S.#~. c s
Fort Pierce, Florida 3345~ 600~~,01 PAGf 6~~ ~
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