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an~1 shall per~o~m, comp~y wtf~~ and abide br each and ei~ery t~s agresntenb. tNpu~afions, condiliona and
~-oi~enanls the~cwj, and oJ tl~is morlE~a~~s, tRen Iht: mortgage and Il~e esfale h..bbr created, sl~all ceate, de-
fprmir~e ~nc~ f~ nu~~ an~ i~oi~~.
IULI~ fhn morfganw tien~~y ~urlhe~ cove~nnts and agrees to pny prompily when du~ ths p~incipa! and
inle-e~st and ol/~er surns o~ mon~y proui~etr ~or tn sald ~ote and fhta morfgage. or etlher: to pay a~~ a~d
stngu~ar ftie fn.res, assessmenls, ~evles, IIa6tlifies. o6~iflaftons. anc~ encumbnanc~es o~ every nalure on sotd pro-
perty; fo pe~rmif, commil or sujjn~ no wasfe, impairmenl or c~eferio-alion of saicr ~and or ftie improvemenla
fl~~n~n al any lime: fo kPPn ~he hui~~in~s now o~ tiernaft~r on satc~ ~an~ ~u~~y ins~ue~ in u sum of nof ~p:s
~han vacant land--not applicable ~
in a company or i~ompani~s acc~pta6le to fl~e mori~apee, Ihe poltcy O~ ~lO~lClP1 to 6e held 6y, and payable
fo, saie~ murtgagee, a~ul in I~e PUPf1I any sum oj money becomes ~ya6l~ 6y i~iHue o( such iruura~ce I~e
morfgagev~ sl~all ha~~e t/~e righf fo re~ceive and apply Il~e same to tl~e inde6tedness hereby :ecured, acrnunfing
to thP mort9anor ~or any su-plus; to pay oll rnsts, chanpes, and expen:ps, including lawyer's /ees and tttle
searc%~s, r~osona~,~y in~urre~/ or pai~ 6y Ihe mortgapee because o~ ftie ~at~ure o~ ftie mortgagor Io prompl~y
an~ ~u~~y c~omp~y wit/~ the agreernenls, stipu~alioru, con~itions ana rnvenanls oJ said noie an~ fh[s morfgage.
or eit{~er; to pprform, romply u~itl~ und a6ide 6y eacl~ and every the agreemenfs, sfipu~afions, rnndittons and
coa~enanis set forlti in saic~ nole und f~is mortgage or eilf~er. ~n t~e evenl fhe morfgagor ~oi~.s to pay u~hen
dup a-~y ~ax, assessm~nt, insurance premittm or olher sum o/ money paya6le by vlrfue o~ said nol~ and fhis
mwtgnge, or PIIIIPI, 1{~e mort~a{~e~ may puy II~e same, u~if{~out watving or aJjecling ftie opfion fo ~orec~ose
~s~ ..nv ..~~.~ .7~~~ {~_.~t;i^~C:. aiai~ u~~ yiisL ~suj~±~ti+ii b~-ui~ uNUi iriierrsi jr~nf aiuie iiirfruj ai Ihe hlghest iAw-
~u~ mfe Ilien allo~ue~l 6y 1/ie lou~s o~ t{~p SIa1e o( Florida.
)` any sum o( mon~y I~erein re(erred lo be nof prompfly paid wif~in thirty t{ays next a~ler
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IF~p samp b~rom~s due, or if each anc~ PI~Pry IhP agrpempnts, stipu~afions, rnndifions and covenanls o~ said
note and fhis morlga~p, or pilher, are not ~u~ly per/ormed, rnmpliec~ witl~ and a6~dQd 6y. Il~en ilte entire
sum menfionec~ in said not~, and f-~is mortgage, or the entire 6a~ance unpaid Il~ereon, shall jortl~wilf~ or
t~ereajter, af tl~~ oplion oJ the mortga9ee. 6ecome and 6e due and paya6le, anything in said note or -~erein
fo I~e confrary notu~it6standing. /=ailur~ 6y !he rnorfgagpe fo exercise any o~ the rigtits or opftons ~erein
pro~~i~ec~ shall not constitufe a u~aiuer o~ any rigtils or opfions undpr sni~ nole or f~is mortgage accrue~ or
I~~ereaJf~r ar~niing.
~n ~~lil~s ~~Ol~ 11~~ sai~ morlga,yor {~as he-PUnto sipnpd and s~lpd fhese presenfs IhP
t~ay an~~ y~ar Jint n~o~~e tvrilfen.
S/aflP~. S O~P~ 1111~ ~P~II~PI~ 1 thP n~PSPIICP 0I:
~ " SALERNO CONS UCTION CO.
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• - Orj n Ahlstom ;~resi~dent
Attes by: , ,,.,,
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Co orate Seal~,~~~
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1331. H;;R I-? . . . . ~~--r~-,
STATE OF FLORID:~~
c~v~TV c~F ~TIN
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I HEREBY CERTIFY tha't on this dar. betoie 'A1~; ~an
of(ic~r duly authoriz~d in the Statc aforesaid and in the County aforesaid to tak~ acknowledqmenb~ p~nonally appeared
Orjan Ahlstoa~~ president
to m~• krwwn to br the prnon dexribed in and who ex~cuted the for~qoinS instrument and he acknowledRed
Frc(or~ me that he ~xtcuted the same.
N'I7:~IESS my hand and officia) seal in th~ C:ounty and Sut~ last aforesaid this 13th d,r o(
MARCH A. D. 19 81
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TATE OF FLORIDA ~ -- ---~ ..............................
COUNTY OF MARTIN
I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the
State aforesaid and in the County aforesaid to take acknowledgements, personally
appeared Orjan Ahlstom ~ president
of Salerno Construction Co., a corporation under the laws of the State of Florida,
, to me knoWn to be the person Who sigaed the foregoing instrument as such officer a
acknoi-ledged the execution thereof to be his free act and deed as such officer fo=
.uses~add pusposea therein mentioned and that he affixed thereto the official seal
~~f.said cor~oration and that the said instrument is the act and deed of said
' ~corpo;atiaac<
' WITNL'SS my_ ~ignature and official seal at~~~ in the County o~rtin
ay~~S~ate o Flor~~a the day and year as~ aforesaid.
1 ~ra nrtn~n~tn/ p~rpia~c y:
. Addxu -~ ~~~ am a Not Public in the Sta e of
t; B."~1(~~ PA~~:e)O4 and my commission expires
i on yY GL!~M~~C;1 {x:;~:° :~~.., , . .
the
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