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an~ s{~a~~ pe?(orm, comply u~ilh an~ ubic~e by eac{~ and ei~ery the ognaments, atlpu~nflon"s. oondtfions a?~
corenanls Itiereo(. aud o~ Ihts mo~tgaAe, IF~en tl~is morfgage and the estate hero6y cnated, sl~all cews, de-
te?mine ond 6e n~dl an~l i~oid.
~n~ fhP morlE~a~or ~~rnhy ~urfher couenanls and agrees to pay pn~mptly when due the prlncipa! and
inle?esl and other sunu oJ mon~y pro~~i~Iecl Jor in said nofe and this mortgage, o~ eilher: to pay all nnd
:v::!::: ~rs. ~ssPSSme~~fs, lei~i~s, liabilifies, o6liflaltons, and encum6rance~ oJ every nature on said pro-
perty: to permit. commil or su~f
er no u~asle, impairment or c~eteriorafion o) said ~and or !he improvemenla
i{~Prwcn al any tim~: fo k~Pn ~hp buildin~s nou~ or I~ereajler on ~nicl ~and fully tnstaed in a sum o~ not leas ~
Ihan '
in a c-on~panV or rom{wnic~s acc~pla~,~e lo I~~e murfga~ee, 1{~e po~icy or pOIICIPS to he tie~e~ hy, and paya6le
lo, sai~ morfyage~, an~ in i~~e rnenl nny sum o~ money becomes paya6~e by virfue o~ suc~ insurance f~e
IROHJA~PP shall ha~~e Ihe ri~l~t to rc~eire ~nd apply Ihp sume to the inde6tedness I~ere6y secu?ed, acrounting
fo 1{~P mortga~or jor any surplus; fo pay a~~ cosfs, chnrges, and expensps. including ~awyei
s jPPJ ant~ til~e
searches, r~asona~~~y incurrec~ or ~a~d 6y ~hp mortgagee hecausp o~ ftie (ai~ure o( f~e morlgngor !o prompt~r
ane~ ju~~p c•omp~y u~ifh the aflreements, stipu~alions, conclitions unel corenanls of said nofe an~ lhis morlgagt.
or eit~~er: fo perjorm, comply with and a6ide 6y each anc~ euery !he agreemenls, sfipu~ations, condifioru and
COIiP/1Ar11S set ~orfti in saitl nofe ancr this mortgage or either. ~n the event tke mortgagor ~ai~.t to pay w~en
dlip A/1y ~QC, ASSP55IilP/lt,_ I/ISU~AfIfP p?emium or ol{~er sum O~ money payable ~y Vlltllp O` SQl(I note UII~ tI11J
morlgage, or eil{~er, f~~e inort~agPe may ~y rhe same, wit~ouf wniving or ajJecting I~e option to ~oreclose -
or any olh~r ~igl~t h~r~und~r, and a~~ suC~ ~UyD1eRIS S~pU 6Pdr IRIP~PSt jrom date thereof af IF~e /~Igl~ett ~aw-
~u~ rale I~~~n ~~~otoec~ {~y f~~~ ~~iva o~ t~ie Stale o~ f'~nrit~a.
arey sum o( mon~~y Iu>rein re(~rre~~~ lo I~e nof prompfly paicl wiftiin thirty (30~ays nexf a~ler
f{~e sam~ ~,~rom~s ~~u~, or i( CAfI1 ancr ~very Itie Q~~PPIIIPIIIS. SIIPU~alions, condifions an~ covenants o~ said
note anc~ f{~is mortqar~t~, o~ ~ifher, arP riot lul~y p~rJormeel, compliecl with antl a6~d~ 6y. 11~en fhe enlire
sum menlioned in said no1e, and this mort~age, or the entire 6alnnce unpait~ tl~ereon, shall forthwith or .
t~terea~tpr, ~t Ih~ opiion o~ fhp morfgafle~. tiecome an~ tie due and paya6le, anyfhing in sait~ note or herein
to fhe confrary nolu~ifJ~sfanclin~. I=ailur~ ~>y fhe morfgaqe~ fo pxercisp any o+ the rigtita or opfions {~erein
proni~~~Y~ sha~~ nof concfiful~ a u+ninPr o~ any ri,ry~ts or oplions ~m~Pr sai~ note or l~tis morft~age accrued or
f{~erea~lrr accruin~.
~n ~itness ~hereof~ Ilu~ snid mo?tgogor has I~Prvunto signed and sealed these presents tl~e
~ay an~~ ~ear Jirsl a~in~~~ ~rritfvri.
Sign~~~. c~a~~~~ an~~ ~~~~i r~ f~~~ pr~s~nc;r o:
~-_~~~~y~--_ _ .
. I / JOHN E. FRANKS~ ~
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~ i ~'~:Ccc, !.L`~-~"f,LJ ~f`.~`i ~ ~ ;t'. ~
E ~ ~ LORRAINE J . ~'RANKS
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~ STATE OF f L( )RIDA,
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! Cc~(;~7'Y c?F ST. LllCIE '
I 1lEREBY (:ERTIFY that on this day, befor~ me, an ;
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~ ! o(fi~er di.h• authuri~ed in th~ Stat~ afor~said and in th~ Cnunty afomsaid to takr a~k~uNl~d¢mcnts, prnonally appeared
~ ! JOHN E. FRANICS and LORRAINF J. FRANKS, his wife
~ to me {cnown tu ~x th~~ p•rwnS dcuribed in and who ea~ratrd t6e f~~r.•qoin¢ instrum~nt and they acknowledRed
b!{Qf~ . ryl~ that they ~x~~~t~d the same. .
- ~<<} 3.:~1'L~E~SS my hand and o(ficial se~al in th~~ Count?• ana Stah• last afor~sa~d this ~t~'1 day of
~ ~Y''. "
J1L1,~ A. D. 19 79
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~ ~ +nuE,::~ i'G! ~~p ~SSIpN EIPIRK 1M1. 26 190? }
~ ~Lr:t'i CI~:~L„ i;:-:•y~ ~RU GfNER~1t INS I~RWRITERS
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~ %%i~~ /~~S/rtiini'n/ Pr~ f~nn~~/ f?y: LAWYERS TITLE INSURANCE CORPORATION
~ ~ ;~~~~~n_~ R. DAVID SHUMAN, JR. , POST OFFICE BOX 3845~ ~ M~
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~~nm DT4D!`A Fr_nRTDA 33450 pq~y~ ~~a•, j