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on~l sh~ll pc~~orm. crmply u~i1h an~l a6ide by Pnrh and cvery Ihe aNrpemenfs. slipulalioris. condttions and
co~~Pnnnts there~E. and oJ this mortf~ac~e. 1{~en Ihts morfga{~p and the eslate here6y crPatpd, shall cease, de-
lermine antl ~~e nu~~ an~~ i~oi~~.
~n~ f{i~ morl,c~a{lor ~~~n~~y ~urther covenanls ancr agreea to pay prompt~y u~hen c~ue Ihe principn~ and
infernsl ar~c~' ul~~er sums o~ mo?~ey pro~~idecl (or in sai~ nofe and Ihis mortgage, or PlI~P~: fo pay a~~ Q~d ~
stngu~ar fhe tax~s, assessmenfs, ~evles, ~ia~i~ifies, oh~lnafions, and encum6ronces oJ every nafure on satd pro•
perty: lo permif. commif or suf~~r no wasf~, impnirmenf u~ aeferioralion o~ said land or fhe tmprovemenls ;
l~~erncn at ~nv lime: !o ~r~~~p f~~r hui~~lings no~r or hernalf~•r on sai~ ~m~~ ~u~~y insurec~ in a sum oj no! ~ess ~
than '
f
iri a rom~~ny or c•ompani~~s acc~~pla~~~e lo Ihe morf~~agee. f~~e po~iry or po~icies to tie {~elcl by. ancr payab~e {
fo. said mortga,rype. an~I in ~hP P~~P/lI any st~m o) mo~i~y 6PCOmes poy46[a 6y i~irlue o~ such insurance tl~p ~
morl~ap~P sli~~~ ha~~~ Ihe~ r~ght to ret~eiv~ a~i~ apply 1he same Io Ihe inde6tedriess I~ere6y secured, aceounting =
lo I~e morfga~or jor any surp~us; !o pay a~~ cosls, c•{~arpes, nnd expensps, inclucling ~awy~~s ~PPS antj tif~e ~
'searcl~PS, reoson~I~~y ini•ur~e~ or pui~ tiy t~ee morlgan~e OPCQUSP o~ fhe ~ai~ure o~ f{~e morfgaflor to prompi~y ~
and ~u~~y romp~y u~it~~ f~~e aU?e~mNnls, sfipu~afions, con~ilions and covenanls o~ saicr note an~ lhis mortgnge. '
or eiflier; fo p~r(orni, comp~y u•if~~ anc~ aE~ic~e hy each anc~ OI~Pry IIIP agreements, sfipulalions, co~crifions and ;
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co~~ena~~ls set (orlh in sai~ nofe a~~d ~h~: morf~age o? eilher. ~n th~ ~vent Ihe morfgagor ~ai~~ lo pay wtien ~
dup a?~y ~~x, assessm~nt, insurari~e premium or ot{~~r sum o~ money payab~e tiy t~irtue oj said nole anc~ ihis ~
morfga~e, or eil~~er, I~ie moric~aflvc~ may pay Itie same, wilhout waiuing o~ a~(ecling f~~e option to (orec~ose ~
or any ol{ier rigl~t I~~re~u~~er, nntl all su~i~ payments shall 6~ar inlerpst from date Ihereoj at 16a hig{~est ~au~- £
(u~ ral~ I~~en a~~ou~e~~ ~~y f~~~ ~au~s o~ t~~~ $tale o~ ~'~ori~~a. i
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~l any sum o~ mon~v ~~e~rein rnlerrc~~ lo E~e nof prompf~y pni~ wif~~in ~ays nex! oJler t
tj~P snme ~~~com~s ~ue, or i~ ear~~ tuu~ ~nery Ihc~ agreemPnfs, sfipu~afions. conc~itions an~ coi~enanls o~ saicr ~
nofe a?u~ Itiis morlyn~~~. or ~ilj~pr. are not (u~~y perJor?ne~. comp~ie~ u,if~ an~ a~i~ecr tiy. Itien ihe pnlire ~
sum menlionecl in said note, and lhis mortflage, or 1{~e enlire 6alance ttnpaid tl~ereon, sliall /orthu~itl~ or ~
1{~ereaffer, af Ihe opfion o~ f~~e mo?Igagee. ~ecom~ an~ bp ~ue an~ pnyati~e. anyftiing in saia note or herein Y
to l~e conlrory nolu~if~~clan IIIQ_ ~aI~PP fo PXPfCISB any o t~e righfs or o tions herein
d' 1=ailur~ 6y !he morl ~ P ~
pro~~ia~~ s{~a~~ not conslilula a u~ait=er o~ any rig~~ls or oplions un~er saia nofP or t~is mortgafle accruPC~ or ~
fherna(I~r accruin{~. ~
t
~ I~u• sair~ morf~nyor tias ~~Pr~unlo siynerl OII~ SPQIP~ Il~ese prespnts the i
~n ~itness ~hereof '
r~ay anr~ year Jirsf nhore u~rillen. ~
Sign~d. SPOIPl1 and cl~~i~~~rn~ in fhe pr~s~ncr o~:
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K A LE
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STATE nF FLORIDA, ~ ~
Cnl'\TY (~F ST . LUCIE f
i HEREBY CERTIFY that on this day, be(ore mt. an
o[ficer duly authorized in the Statr aforesaid and in th~ County aforesaid to tak~ acknowltdqments, prrsonally appearcd ~
FRANK A. LEELAND and ELAINE LEELAND
to mc known to tx the person S d~scribcd in and who ea~cut~d the forrqoine instrument and they acknowkdRed :
's
bcfor~ mc that they ~xccuted the same. / s
~~'I"1'`ESS my hand and o((icial xal in th~- County and Stat~• last a(or~said thi: ~p~-~ day of
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~ FEbrll8rY :1. D_ 19 78 ;
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; ar u Iic , State of ~'Iorida
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~ - 4~_ j ti.~; at Large
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~ A ~ ANO aE~ RDED My commission expires :
Not~ PubCK. Sta!~ 01 F!or.da at la~qe
a~~~~" ` S~~UCIE COUN~Y Fl ~ ry
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' ~Q:z:`tt;;.~~., ~ ~Ta~?s . .
~ ~ ROCER POY r~~ T IA Commissan Exp~res '1. _ .ti ••~S !
~ 1•rI ' c~ ~ FK.~~ CU`^ v~ i, wr.-wan :ye ~ . . +
~ ~ J ~ ~-(c . ~
~ f~ 811 8 54 AN ~g 3.~3996 -
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~ ° R 282 198 ~
~ BOOK PACE :
~ !%u I~ulnu»~n/ pa'pnir'rl hy: RUPERT JASEN SMITH ~
~ ,~,/~/,r-u 715 Delaware Avenue, Fort Pierce ,FL 334~p ~
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