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and shi?II perform, comply with and abide by each and every fhs agreement, stipulation"s, conditions and
covenants tltereo(. a?td of this mortgage, then this mortgage and the estate hereby created, shall cease, de-.
lermirte artd be nt?II and void.
~tld the mortgagor pert+by ftuther coverta?tls and agrees !o pay promptly when due the principal and
ir?ternat and ot?tpr sums of money provided for in sold note anti flits mortgage, or either; fo pay all and
singular the taxes, asspssmenis, leuiea, liabilities, obligations, and encumbroncea of every nature on said pro-
perty: fo permit. commit or suffer no waste, lmpairmenl d'r deteriorofion of said land or the -improvement
fhpnpcn of any time; fo pep the buildings now or herna ftpr on sold land fully inaurnd in a sum of not less
than
in a company or companies acceptable to t?te mortgagee, the policy or policies to be held by, and payable
fo. said mortgagee, and in the event any sum of money becomes poya6le 6y virtue of such instuance the
mortgagee shall have the right to receive and apply the same to the Indebtedness hereby secured, accounting
to the mortgagor (or any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title
searrhps, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and f ully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply wit?t and abide 6y each and every the agreements, stipulations, conditions and
covpnartls set (ortli in said note and this mortgage or either. In the et?ent the mortgagor (ails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or eil?ter, t?te mortgagee may pay the same, u~ilhouf u,niving or of
fecfing the option to foreclose
or any other right heretrndpr. and all such payments shall bear interest from date thereof at the highest lau?-
(uI rate then allowed by the laws of the State of Florida.
iL a?ty sum of money herein referred to be not promptly paid within ~i~ (30~ days next alter
the sump hei•omps due, or if each and every the agreements, stipulations, conditions and covenants of said
notd and this mortgage, or either, are not fully perfot~rted, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option o) the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not cortstiftrtp a u~aivpr of arty rights or options under said Hole or this mortgage accrued or
thereafter accruing.
~n ~ltneSS ~heCeof, the said mortgagor has hpretrnto signed and sealed these presents the
day and year first ahovp trrillen.
Sigrtpd, se d and dplit~ered i t flip presence of : ~ a Partnership .
. ~ ~ owers
. _ t~
I - - . - . - - .
i
STATE OF FLORIDA, t
Cwt'\-rY OF MARTIN `
I HEREBY CERTIFY that on this day, before me, an
officer -duly authorized in the Stag aforesaid and in the County aforesaid to take acknowledgments, personally appeared
ARTHUR S . POG~RS of OOLDP04~ER ASSOCIATES , a Partnership ,
s to me known to be the person described in -and who executed the foregoing instrument and he acknowledged
lie(ore me that he executed the same-
K'll \ESS my hand and official seal in the (:ounty and State last aforesaid this 2~.St day of f
1 M3rCl'1 :1. D. t9 I~. _
! s .
/f 4l:.iL ~s
„3 -
Y t
3 r Notary Publa.c _ _ - 4-t
NCO ~ t ~II ~L. ' t.l` C~ r'
3 ~ _ ~.ro attc w_ co:~et-ia My Caaffi.ssion Expires : r,;.•
j
~ ~T.WCIEGCiJVTY.ft.A. _
RCGER POtTRAS ~ -
CLEt:K C;t?~JtT CCL'?T ~ ?POTA~Y fUEU C STATE Of flOR1UA AT lA1K,lE ~
6c~n'~ ~1i-;~~rlr~~_ ~ - MY CON!Ai ~ ~ f v ~ :,t+~~
ss o~ E o efs gut.. to toel
i aOr~DED TH~~ GEN~t+t +~~5 , J`~DERwRITERS
i. 4~~~424
!ln.? IllSIn1111f11/ p>rpnrr-[I l?y: A, p~~
:-1 dJn _+s ere U tse Ins . Corp . E~~(32~ PACE ~.t7`t0
v Port St. Lucie. Fla. 33452 ,