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anr! slta{{ perform, comply u•ilh and abide by each oral every fhe ag?PPments, sltpulafion/s, conditions Md
COI'enanl3 IhP/M?f. O?Id 111 tI11S moNgac}P. then Iltis mortgage and fhe PSIa1P hPlPby (•rPa1Pd, shall CPasP, de-
lermlllP anr! j,e nu{! and voirj.
end the mortffugor hen•by JurfhP? corAtanls and agrees fo pery promptly when clue the principal and
inten•sl nrul other cams of money provicjed fo? in'3a1?! note and thtt morfgagP, or either; fo pay all and
singular the faxes. assessmr•nfs, levies, liabilities, obligations, and encumbrances of every naltuP on said pro-
perty: fu permit. commit or suffer no u•asfP, impairment or deterioration of said land or fhe improvement
fhemcn of a??y limp; fo Rerp fhe buildings note or herPa f ter on said land fully insured in o sum of not jesa
than highest insurable value
in a compa?ty or camt>anies act•eplahle fa fhe mortgagee, the policy or policies to be held by, and payable
fo, said morlga~feP. and in the areal any sum of money becomes payable liy virtue of such insurance the
~ morfgagPP shall harp fhe righ! fo receive and apply fhe same to fhe indebtedness hereby secured, accounting
to the morlga~for far any surplus: fo pay all costs, charges, and expenses, including lawyers fees and title
searches. reasonably incurred or paid by 1?tP mortgagee bPCAUSP of fhe JailurP of the mortgagor fo promptly
and (ally comply u•ilh tltP agrPPmeuts, sfipulafians, conditions and covenants aJ said note an?l Ibis mortgage,
or eitlu•r: to perform. comply with and abide by each and every fhe agreements, stipulations, conditions and
covenants set (orllt in said note and Ibis mortgage or either. ?n the event fhe mortgagor Jails to pay urban
due any ta.r, assessment, insuraucP premium or other sum of money payable by virtue of said no1P and this
mortgage, or rifler, fhe mortgagee may pay the same, without waiving or affecting the opfimt to foreclose
or any other rig~if hernunder. and all such payments shall hear interest from date thereof at fhe highest law-
. ful role flten allou•erl by !hr laws of fhr 41a1P of Florida.
~I anv sum a( manrv herein rPlerrPd fo be not promptly paid within fifteen ,jays next of ter
fhe same 6rromes due, or if each and every IhP aryreements. stipulations. conditions and covenants of said
note and this made}agr, or either, are not fully per(ornted, complied with and abided by. then the entire
sum mentioned in said note, anr/ this morfgagP, or the entire balance unpaid !hereon, shall forthwith or
1hP?eaJfer, at fhe option of the morkfager. becOTP and bP due and payable, anything in said note or herein
to fhe contrary rtotu•rthstandinr}. Failurn by fhe mortgagee to exercise any of fhe rights or options herein
} proridr•rl stall not canclilutr a waiver of any rigl?1s or options under said mote or this mortgage accrued or
fherna(Irr scenting.
i
f ~f1 ~~t~l4Att faflal?«~?s~~ 1
a.~• say LJJ ta?it~Cl<1L~ Ifu• lair morfgagur Itas hereunlu siryned and sealed These presents IItP
day and year f irsl rebore u•riUrn.
i dig rd, sealed and delivered in the presence of
I
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i 1 lam Tesc n
nice H: Teschner
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ct?t~~~rti" tt}~ ST.LUCIE 1
t ~fEREBY CF.RTIFti' that on this day, tx(orr mr, an
off ii .•r dulti .n,th~~ri~rd u, the titat. aforesaid and in the Counh• aforesaid to take arknowlyd¢mrnts, prrx,nally appeared
WILLIAtd E. TESCHNER and JANICE H. TESCHNER,his wife
to m.~ known to Iw• th•~ t?•~rwnS dra rit,ed in and who e,,erutrd the forrioin¢ instrurnrnt and they ar~knowledgtd
1wdr~r. n:r that they,.Yer „trd the sarne.
\~'i'1\F.titi ens hand and effi+ial seal in th•• Countc .end Stat~• last aforesaid this J3~ day of 1
December ~ n_ i? 79. ~ 1
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~ Notary Public
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Notary Public. State of Florioa ?t large
i My Cfunmtsston Expires Jan. 8.1983
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1C~-~I"J ErrnR SNERRARD ~ ~ } -
r P.t,.,-~~=•: f•.r law
2~? ~ 'r ~:iver Drive . -
, / pti,. P G - >x 4332 J ' , `
I lip; In Irriiur~rrl / r.~ ~?rrr _
Fort Pierce, Florida 33450 ~•,rryr?,~rr~~,,,,••'
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