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and sleall perform, rnmply eirith an~ ahiae f~y ~nch a~c~ e~~~ry I~~e ug?e~ements, sfipu~altons, concrilions an~
couenanls !{~ereol. anc~ of f~~ts mortNa~e, ihen I~iis morfgaqe an~ ItiP eslale ~~e~~fiy create~, shall cens~. c~e-
. ternsine and be null and void.
~ the morl8agor hereby ~urthe~ covenants arid agrees lo pay promptly wl~en due the principal and
interest and other suma o~ money pro~t~ed jor in said note and Ihls morfgage. o~ eil{~er; fo pay atl and
3~1i~jiii4`3 i~c. :uXgS. .^.Sene~~p~~le; ~pl/jp~, ~[Q~jll~lPS. o6lis~atlons, and encumbrances o~ every nature on said pro-
perfy; to pe?mil, commt! or su~fer no wasle, tmpairment or deterio?afion oj saic~ land o~ t~e Improc~eneersta ~
thereon at any time: io keen iha 6uildinps now or herea(ter on said Iand Ju1[y insured i?~ a su~ oJ noi I~•ss
rhan the principal balance due under this mortgage
in a company or~ companies acc:eptab[e !o t~e morlQageer, !{~e po~icy or pollctes to 6e h~[d 6y, and paya6le
to, aaid mo?lgagee, and in the event a+~y suin oj mon~y beromes pays6le 6y ~~irtue oj such inaurance Ihe
rnortgagee sha~l ~ave f~e rig{~! lo recei~~o on~ apply t~~e same to the indebtednesa hereby secured, accountin{~ ~
to the ?norf$agor ~or any surp~us; !o poy o~~ cosfs. charges, anc~ oxpenses, includinp ~awyer s Jees an~ tille i
• searc{~es. .e~onn6ly iRCUrrecl or paid 6y Ihe mo?Igagee E~eca~xe oJ the ~ai~ure of i~e mortgagor to promptly i
anc~ lully comply witF~ the agreemenls, sfipu~alions, conditions and co~enants o~ said note and t~is morlgage.
or eitf~er: to per~orm, comply u~ith and abide 6y eacF~ and every tf~e agreements, slipu~alions, eonclitions and ;
rnuena~nts aet `o~t~ in said note and I~is mortgage or eif~er, !n i~ie ~var~i tl~e mortgagor Jati~ ro ~ay u•hen !
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cjue any tax, assessment, insurance premium or other sum o/ money payable by vtrtue o~ saic~ nole anr~ fhis ~
morlgage. o~ eilhe~. lf~e morfgagee ??iQy ~Qy the same, wifhout waiving or a~~eclin8 !{?e option to ~orec~ose ~
or any other rig~t~hereunde~, and alI such payments sha1l 6ear inferest /rom date thereoj at the I~ig{~e~t law- f
(uI r~ate ihen ajlou~ed by tl~e Iaws oJ tlie Slate o~'Flori~la. -
~ ~l any sum o~ money herein re~errecl fo Ge not pro:nplly paic~ wit~in 15 c~uy~ ~ext a~ter
` ll~e same 6ecomes due, or ij each ancl ev~ry the a~re~eirtents, slipulaliona, conditions and eo~ennnts oJ said
note and this mortgage, or ei~her, are not /ully perjormed, complied with and a6;ded 6y, then the enlire
~ sum mentioned in said no1e, nnd Il~is morlga~e, or tl~e entire 6alence unpaid thereon, shall jortFuuith or
, fhereaJter, at tl~e oplion o/ the mort~agPe, 6ecome and 6e due antl payadle, anything in said nole o? I~erein ~
~ to 1{~e contrary notwithstantling. Failure ~y Itie mortgagee to exercise_ any of tf~e rights or options ~erein
provicrecj s~aj~ not constIfufe a waiver of any ~ights or options uncier saicl nofe or t~is rnortgage ncrrtiecr or
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thereaf ter amuing.
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j.r =,~4f ~V'~i~~~ ~ ~n ~~~ness ~hereof fhe mortgac~or ~as caused these presents to
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\,t~. 6C (~XeCU~PA !II t~3 name. URd ifs corporate seal to 6e ~IC/'PU1It0 af
f[Xe~. Ly !~S
r~~C~~cti~' r' -
r.•,J~j'I~j~~~~ 11~~~~~`f~- ~ proper ojf icers f{iereunto cluly aul~otizecl, tF~e day nncl year ~irsf a~iove u~ritten. t
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A-~-~~~Z4,~,~~,~.~ INDIAN RIVER GARDENS , INC .
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Sign , s~l d d I~ r in t1~e presence oj: ~ ,
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---•-•••rt•----- - • Pr~sidrnt
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, FLORIDA
~ ST. LUCIE
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i I HEREBI' C~RTII-Y tMr ~~r,u ~r. e~~«Y ~~~~~~e. ~,r, au~+a.;u.t s~a<< ~ c«~.~,. o~~,~- ?a ab,o,,,~ag-
a.,o„diy ~~Q L' G~ ~%J~GU~: ~~~`z~L~
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t~ u+r~I Enoum to mr !o lie l~e Yresu~rnf . an~ L~ f,Q.,L eL res~ectiiY~y o~' ltit cornoralian as i
morlgagor in I~e ~ongoing instrurrrnl. arr~ l~wf !lu'y urrro~~y ac~nou~p~ge~ PX ~ng I~e wmr, in I~e pnsence o~ tuv sudsa~i~ing u~IMSxs. €
I frrrlr an~ oolaneariJy ~u~~r a+~l~orify ~u~y rrslyd in ltiem 6y said ~o?poratio?~ and Itiql t~r sral'o((utd ttienlo is I~e true coi~wrote s~o~ o~ ~
aaid cwporalinn. ' ~
wR~~~$$ mY ~wnd ond o~jieia~ sea~ in Itie Counlp oru~ Stafe ~osf a~onwid l~is ~ruy o~„~ .
A. D. ~~~8_ . ~
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fLL~ ANp 11` pR D ~~~~V _ ~ af-r:'
i~ COU~T -r ~ . ::•"""".....:J ~ _
.lUCit Y ~ ~ - - -
ROQER t01TIlAf
N TARY P LIC Sta~~':o ~Florida; _
C12K. vERriu~~ {~iOL ~ ~ ~ `?i,{
- ~lz L,c~E^ at Large ~-t ,
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M commission e ires~~. ~ ~ ~'j.
J~ax 5 10 ~ s AH ~3 ~~~s.
' 6$O `.n.~'.~." ra~w.. ~A.:l1 Z~ ~sJ!?
a~~K288 FAC~ +M+.~ ~?.~.~.,,~.-a ~.~.p„ a..
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