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1856
a~ul shall p~r/o~m. ~~omply u~ifl~ m~d a6idP by PaC~ AII(I ei~ery the agreements, stipulotion's, conditions u~d fQl'PII(1/1~5 1~IPlPUI. Aflf' Oj ~/tIS /IIOI~q/y~P. ~~P/I ~~113 m<~-IAap~ (IR(~ ~1IP PS~Q~P ~PIP~y CIPQ~~. f~Q~~ CPqSP. ~R- f~rmin~ mi~~ ~x~ nul~ n~u~ ~~oi~~. Iin~ I~i~ mo~fga~~or ~u~n~~iy ~url~~er ~ovKnanls an~~ agn~~s lo pay prompf~y when due the p-tn~-ipal and iul~~n~sl o~u~ ot~~~r s~uns o~ mon~y pro~~i~~~~~ Jo~ in sai~~ nof~ and f~ts morfguge, o~ PII~P~: fo pay a~~ and sin~~u~~r Ihr laxrs, ass~~ssm~~nls, ~r~~i~•s, ~iabiliii~~s, obli~~ations, and encumbrances o~ every nature on sai~I pro- ! pwlv: fo p~~rmil. <•ommif or suj~~r no u~asfP, impairmenl or c~~f~rioratiun oJ sai~~ ~an~~ or I~~e improuemenfs fli~•rri•n ~~I ~e-~~~ limi•: lo ~r~~~p I~i~ ~iui~~~in~~s nuu~ or ~~~ma(f~r on s~tt~ ~an~~ ~u~~y insuret~ in a sum o~ rwt ~~ss il~~-~-----------FULL INSURABLE VALUE-------------------------------------------- iu o~~~~n~p~u~y or ~•ompnriirs QCf1'pln~i~~~ lo 1~~v mo~!{Ia~i~~. t~~e pu~icy or po~i~~i~s fo ~~e ~~~~t~ E~y. ani~ ~)GyQ6IP to, sni~l morl~~n~~~i~. an~l in tl~~ r~~~nl any sum o( mon~~V becomPS payable 6y ~~irtue o~ such insurancP thP mork~a,ry~~~~ sliall I~~~~~.~ Ilu~ ri~~1~1 to r~v•~i~~~ and apply fl~~ same fo Il~e indebleulness I~ern6y spcure~I. accounting i fo f~~~ morl~lru~ur ~or ~ny surp~us: fo pny a~~ cusfs. c~~a-t~~s. ant~ expensPS. inc~u~~ing ~awvpr~s Jees nnc~ lil~e sr:tn'Iu•s. rrusunal,~y in~-urrc~~I or pai~~ ~~y 1~~~ morf~~a~~~~e ti~caus~ o~ t~~e ~ai~ure o~ f~~~ mortf~aflor fo promFfly nn~~ Jn~~y ~•ump~y ~oil~i I~~e o~~n~~~nu•nfs. slipu~afions. ~•onr~ifions an~I t-orrnanfs o~ sai~~ nofe an~~ I~~is morfgage. ~ or ~~il~u~r: la p~v~orni. rump~~ u~il~~ ~n~( a~-i~~e {-y eac~~ anc~ e~~~ry l~~e ac~r~entenfs. slipu~afions. rnne~ilions antr i .curi•nur~ls s~1 jorf~i in sni~~ nofe a~uj I~~is morfgn~~~ or ~ilher. In I~i~ ~•vPnt 1~~e morl,yagor ~ai~s fo puy tr~~en ~ ~ur anp tnz. nssi~ssm~~nf. insura~~~•~ pr~miun~ or ol~~~ sum o~ money paya~i~e {~y ~~irlue o~ sait~ nole artcr f{~is ~ morf~~n~~~~. or i~i~~u~r. 1~u~ n~orl~~ug~~r moy ~-ay I~i~ snm~. wil~~ouf iraivin~~ or aj~~~clin~~ I~~e opfion fo ~orec~ose ~ ! or nnp r-I~~er ri~~~~l ~~~r~un~l~r, an~~ a~~ stu•~~ ~xiymenls s~~~~~ ~~F•ar infer~sf ~rom ~~atp I~~~reu~ af f{~e ~~iy{~psf ~au~ (u~ rul~~ f~u~n a~~uu~e~~ j,y 11~~ ~au~s o~ t~u~ Stat~ of ~'~orit~~. ~ ' ~l any sum o( munrv l~~rnen r~~(c~nrd Io I~e not promplly p~itl inithin TEN days nexl a(ter ' f~i~~ snm~ ~-~~-o-nrs ~~~u~, or i~ i•a~•~~ an~~ ~~~•~ry f~~~ a{~rc~~mrnfs. slipu~alions. ronc~ifions nn~~ co~~enants o~ saic~ ; nol~• ~uu~ f~~is rnorl~~u~l~~. or ~illu•r. nrn no! ~u~~~ perJorm~•d. comnli~d u,if~ an~ a~~i~~ec~ ~-y.' t~~Pre Ihr ~nfirp ! sum m~nfion~•~l in sni~1 nut~•. ~uul fl~is morfc~u~~~. ~~r tl~r entire halance unpni~I fh~reon. sha~l )o~l{~u~ith or I~er~~Jf~r. af fl~r uplion oJ I~i~~ morfga~~~~. ~-~i•om~ an~~ ~-~ ~ue anrl payal-~e. anyfhin~ in sai~ nole or he~ein fo 1~~~~ ronlrnr~• nohril~~sfan~~ing. ~'ai~un~ ~~~ I~u~ morl~~ur;c~~ fo ~x~rt'isP anV o~ I~~e ric~hls or options herPin pmri~~~~~~ s~ui~~ nol ~-unslifnf~• u u~air~r o~ an~ riri~iFs or optionx ~uu~~~r sai~~ nof~ or I~~is mmtt~nge a~cruP~~ or 1~~~~-~~a(frr nr~-ruin~~. i ~ i1L ~~LI~QJJ ~hereof~ ~~11' ~OI~I murf~~!1(~11f ~I(t5'IPfP1111~0 S((~lIP~ (111(~ SP(~~p(~ ~~IPSP ~/fPSP11~5 ~~IP , ~~uy anr~ y~•ar (irsl al~orr u~riN~~n •~~ aru~ ~r~ir~r •~l'~n yh pr~~s ~r~~ o~: ~ • ,.. !~ . ~ \ ,~ ' ~ ! _0 v~l , TREASURE COVE DEVELOPMENT CORP, , ~ A Florida Corporation .r~. BY: LEOPOLD ESTEIN, PRESIDENfi ~' ~' t , - ~i,/- ;~: ~~ ~; ~ . . . ~ ~-~ _ ~~.~-_.~~ , .~ ~ -~ - ~- . " "'•+ .~~` . ~ ~9~~ M," -2 ;'.: 2: 231 1 . :'C t\: ''- ~.::•-r, v S i .;S'~i,~Ct~ ic,:~+_~.i: . i..,:~:1: t'C! ~_-..~ STATE- OF FLORIDA ~t~~~t ccv~~ ~ COUNTY OF ST . LUC I E ~`~ ~~f" ~~ ~ ~ d 51~8~67 I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State and County aforesaid to take acknowledgments, personally appeared LEOPOLD ESTEIN well known to me to be. the President of the corporation named as grantor in the fore- going deed, and that he acknowledged executing the same in the presence of two sub- scribing witnesses freei~r and voluntariiy under authority ves~ed in them by said corporation and that the seal affixed thereto is the true corporate seal of said ~ corporation. ~~ '~ WITNESS my hand and official seal in the County and State Aforesaid this lOth - ~ day. of February, 1981. ~ ., ~ ; ,, ~ `., /, ~ '. ~ .n. . ~ . ~ / ; ._ , . . .C ~ ~ ~ - ,. ,_.. . . _ , g- ~~ -8"'~ ~ ~., -' , ,_ NOTARY PU C • 1 . _. %lii~ INS/!1/Jl1Cid f-/~f-a-r•~/ hy: ~1 JJi~~~ ~ ~ : -- - 6~{7K J`tV P!GE~J55 . ., ~ ~