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and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and
trovenants tlte1rPaj,_ and ol_this mortttape, then this mortgage and the estate lterpby created, shall cease, de-
termine Alld be null and void.
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~nU the mortgagor hen+by further covenants and agrees to pay promptly when due the principal and I
interest and oflter sums of money provided for in said note and thfs mortgage, or either; to pay all and
singular the ta.tles, Assessntenfs, levies, liabilities, obligations, and encumbrances of euery nature on said pro-
perty; to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements ~
Iherecn of any limp: fo {rPep the buildings now or hereafter on said land jolly insured in a gum of not less
than its highest insurable value t
in a comirany or companies acceptable to the mortgagee, the polity or policies to be held by, and payable i
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such instuance the t
mortgagee shall have f{te rig{tf to rPt•eive and apply the same fo the indebtedness hereby secured, accounting
to the mortgagor for any sttrplt:s; to pay all costs, charges, and expenses, including lawyers fees and title°
searches. reasonably incurred or paid by the mortgagee becatue of the failure o/ the mortgagor to promptly :
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and jolly comply trrith the agreements, stipulations, conditions and covenants of said note and this mortgage. i
or either: to perform, comply with and abide by each and euery the agreements, stipulations, conditions and 1 }
covenants set forth in said note and this mortgage or either, {n the event the mortgagor jails fo pay when ;
due any tax, assessmPrrt, insurance premium or other sum of money payable by virtue of said note and this i'
mortgage, or Pif{ter, 1{,P mortgagee may pay fhp same, without waiving or affecting the option to foreclose s
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
ful rate then allowed 6y fhp lotus of 1hP StaIP of Florida.
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I nny snm of money herein referred fo be not promptly paid within ten (10) days next after ~
~ the same becomes due, or iJ each and Pl~Pry the agreements, stipulations, conditions and covenants of said
.note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall foHhwith or ~
thereafter, at the option of the mortgagee, become.and be due and payable, npything in said note or herein '
to the contrary nofwifhstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage atr?ued or
thereafter accruing.
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~n witness thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first nbove tvrifien. -
Si~~l, ed and ~ ~d in t{t prrsr~ncP of
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/ .~G~-Off-'.- - - ~y 1-(~.~.~-~.r)/,1.-.~-1-~-~J~-~i~ -
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_ _ _ Press ~ _ -
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' Attest - { -
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Secretary'•~ i•'~ -
•,,cr,,,Ht`~' .
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` STATE (rF FLORID:1, ~
~ c~c~-rv c)I' ST. LUCIE
I HEREBY GER'tiFY that on this day, before mc, an ~
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officer duly authorized rn the State aforesaid and in the Count?~ aiorrsaid to tawr a:::ra:c:.-d¢mcnts, personally appeared ( r
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WILL~~ BOLTON President of U-LOCK-IT INC. , a Florida cc~poration, i
and JOANNE WADE BOLTON SeCCretaLy of U-7ACiC-~, INC. , a Flcr~.da corporation
to me known to F,e the pr-rson descrihecj in and who t•aecuted thr Ivr~,tui++.~ :nSt:u ent and ~ey arknowbdeed ,
before me that t~ executed the same.
lt-I7~\eF.SS my hand and otfic-ial seal in thr County and Star last aforesaid this /Q day of
LI/t.C./~. :l- D. 1980. t
. ~ :
otary --Pub ~c ~ . . . . ~
q'7~t?55 State of Florida at Large,
1 - •
My Commission Expir'e8.t•c,J~~ ' ;"8-
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1980 CHAR I 1 P!; ~ 17 _ . -
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Fftf01lfi Fi?~~ D - 1~( F
~ R~OG~ER
P~TTRASI~. t
CIRCtflt C4tiRt ~ ~ ~
wtc.~r.~ ~mrlf _-~1 3
1 %ris Ltsirtmr~~t/ prfpnr~
r! by: Ems Teel, III t?M. ~~'7 ~hGE ~5 1
~~'~r~~r~EE, KOBLEGARD & TEFL, P.IC d11}iK f
,
P. O. BOX 1000 i `
c':'~T =SCE, FLORIDA 33450 I