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and shall Fer~orm, comply wilh and n6ide by ~nch and eue~y 11~~ ~agreementa, ittpu~aliont, condttion~ nnc~ ~
covenonts t{~e?eo/, and o/ this mortgaga. Ihen this mortyage and ihe estate hereby creoted, al~all censt, de- ;
termin~ ond 6~ null nnd void.
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~ the mo?tpaeor he~e6y Jurther covenanls and agr~~ to pay p?»mptly when due Il~s principal and '
interest ond othe~ sunu o/ money provided Jor in satd nofe and t1~ls mortgage, or elf~e~: to pny all nnd
sinpu~ar t~e toxea, assessmenla. ~evies. ~tabi~i:ies, ob~tgaflons, and encumbrances o~ euery nalure on aqicj pro- ;
pe?ly: fo pe?mit, commit or su~~er no wwlo, impnIrn~vnl w deterio?alton o~ satd land or ftie improvamenla ~
thereon at any time; to keep Ihe 6uildinga now or l~ereajte~ on snid lnnd ~ully insured in a sum of not les: i
~ ~han ;
in a rnmpnny or compnniet accepta6le to the mortgagee, the policy or po1lciea to be held by, ond ~ya6t~ ;
to, said mortgagee, and tn ~he event any sum o/ money 6ecomes ~wyable 6y virtue o/ sucl~ inau?ance tl~e
mortgagee shall I~ai~e fbe riAhf to receiue and apply !he same lo the int/e6teclness Itereby secured, accounting
to Ihe morfgngo~ (or any surp~us; fo pay a~~ coafa, c~nrges, nnd expenses, inc~u~/ing ~awyer~s (ees and !il~e
~ searches, rensona6ly incunec~ or ~~d by tl~p mortgagee because o~ !he ~ai~ure o( the mortgago? fo pmmpf~y ~
a~ic~ (u~~y rnmply u~ifh ftie ag?eemenfs, sfipu~ations, conditions anc~ couenants o( said note und t1~ia morlgnge.
~ or eilher; to per)orm, comply with and a6ide 6y eacl~ and every Ihe agreementa, alipulations, conditions and
~ covenanls sef ~ort1~ in suicr note and f~ia mo~lgage or eif~er. ~n the evenf 1{~e mortgagor ~ai~s to pny w~en
~ ~ue any tax, nssessmenf, insurance premium or of~er sum o~ money peyab~e by uirfue o~ sai~( note nncj this i
mortgage, or eif~er, fhe morlgagep may pay fhe same, wifhout waiving or a~jectinq f~e opt~on to ~orec~ose F
or any other righ! hereunder, and a~~ such paymenfs 11~aII 6ear interest (rom c~nte thereo) at tlte /~igl~est ~aw-
jul rate ll~en allou~~! 6y il~p laws o/ t{~e State oJ Floridn.
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! anp sum oj rnoney herein rejer?ed to 6e not pro:npt~y paid wit/tin 30 days next a~fet
~ t{~e same becomns dup, or i~ each ar~~~ i~i~~•ry !~e agreemenls, slipu~afions, con~itions nnd eovennnts ol aaid
note ancl this mortgage, or eittier, ure nol Jully performed, complied wi1F~ antj a6~d~d 6y, t{~en the entire
sum mentioned in said note, and this mort~nqe, or the enti?e balance unpaid lhereon, shall ~ortluyith or
tl~ereafter, at Ihe option o~ !he morlgngee, become and 6e due and payn6le, nnytl~ing in said note or'herein
to t~e conlrary nolwithstnnding. Fai~ure 6y ehg mortgagee fo exercise any o~ fhe rig~tt or opfions ~erein
providec~ shal! nof constifufe a waii~er o( a?iy ~igtiis or opfions under snid note or l~is mortgage accrued or
t~erea~ter ac~-ruiny.
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~n ~'d~tness ~~e~` fhe mort a or has cause -
(COR?'()R:1TF: 9 9 cl fhese presenla to ~
~Cr1L) ~e execufed in ils name, nnd its corporate sea~ to ~ie ~ereunfo n~`ixed, by its
i~ proper o(~icers t~ereunto du~y aut~orized, the clny and year first a6ove wriften.
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~TTEST:----- - ~ - ,~1.------
' ~ ~"Na`'~ LONGSHOREMEN'S OF ST. LUCIE, INC.
~ $ig , seale~ anc~ c~ ~iuer~{ in 1{ie presence of :
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~ ' ~ . By.. .----....-•-•--•-----...._~::~u - - -
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- ~ - FRED C. DUVAL P~~,~d~+~e
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THIS IS A BALT.OON MORTGAGE AND TH IN PAYMENT OR THE BALANCE DUE UPON MATURITY
~ IS $18,183.60, TOGETHER WITtI ACC D INTEREST, IF ANY, AND ALL ADVANCEM~NTS MADE
~ 'i BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE.
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~ ~~u~ OE FI,ORIDA
~ ~,Q~jf~~ 0~ ST. LUCIE
~ j 1 HERFBY CERTII•Y ~M~ or. ~Fus dur. b.Jo.e mr. an oJ~tor. duiy autl~wiud in tl~e Sede m,d C.w„+ty o%nsoid ~o ~o4e ocluwwied~-
~ menb. ptnono~lY anFrars.l ~
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FRED C. DWAL President
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u~ell 6nuu~n to mr to ~ t6~ Pns~drnt anc~ n
j; spece;oely o~ ehe cn.po.d~on .wm.d w
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-as ~I morlgagor in I~e (oregoing inslrumrnL und Itiol I~~r xvera~~r oc4nouaeaped txecvlinp ltir same. in t{+e prexnn o~ 1wo w6im6iny wilrvsxs.
m
~ (rte~r ond oo~unlanly uru~r uul~wrily du~y resled in I~.tm ~y ~dd corpwalion ond Itiol t~t sea~ a((i.ced I~enlo is Itie Wt .
cn+porde s~al o~ .
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, . ,~SS mY l~a„J aRd ~(~~rid ,~i ~ ~IK ca..~~r a.~d 5~~,~ I~ ~J«ti,dd ~6;, 28th ~r February
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. ~~ERAt INS. tR~yhlTQf '
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I lru I~u/na~u•n~ prcpnrcr! by: ~{„1yERS TITL.E INSURANCE CORPORATION ~OOR~ ~(1~ ~ ,~'j~j~
~ A~~,Irr~ss R. David Shuman, Jr. ~ ~'x~
P. O. Box 3845, Fort Pierce, FLA 33450
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