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anc~ shall per~orm, com~~y wil~? anc~ n6ide b~ ench and eaery l~e agreements, attpu~ationi, condttioru and ~
canenanta thereo(, ahd oJ t{?'rs morf~as~e, lhen tF~is mortgade and the e~tate here6y created, si~all cea~ce, de-
lermine and 6e null and ~~oi~l.
7i~ fhe ?rortga~or hero6y ju~fher covenants and agrees lo pny prompf~y when due ftie principn~ nnd
inferea! anc~ utf~er suma o~ money provi~ed jor in sa[d note ancj ltii~ mo~tgage, or ett{~er; to pay aj~ une~
ai?egalar the taxps, assessments, leviea, I~a6~li<ips, obligafions, and encum6mnces of euery nature on tutd pro-
perly: tu perrnif. cvmmif or suj~er no waete, impairntent or deferiora~ton o~ a:ic~ ~and or lhe improvemenb 'i
therecn at any time: to RPPp ~hP bui~dinga now or hereajter on snid land (ully t?uw~d in a sum o~ not less z~
than Full insured value•
in r company or eompanies accepta6le to Ihe m~rtgagee, !he policy o~ p~licies to 6e !?2Id 6y, and pnyable j
to, aaid mortpa,qee, and in the ei~ent any sum oj rnoney 6ecomea payable by virtue of sucl~ insurance the
mortga9ee sholl {~uno the right to receive and apply the same to the indebtedneas hereby a•~cured, accounting
to the mortga~or ~or any stirplus; to pay a~~ costs, c{~arges, and expenses, inc~uding Iawyer~s ~eea and lit~e
aeafc{~es, rpasona6ly incurre~ or pnln by fhe morfgagee 6ecause o~ t~e fai~ure o~ the morlgagor to prompt~y
an~ ju~~y comp~y wifh t{~e agreemenfs, stipulalions, condilioru ancl couenants oJ s~~d Rote end th~s morlgage,
o~ eifher; to per~orm, comp~y wifh anc~ abide by each anc~ euery fhe agreements, stipu~afions, conditions nru~
covenanls set /orth in said note and this mortgage or eit~er. ln the event the mortgagur fails to pay when
due any fnx, assessment, insi?rance premium or ot~e~ sum oj money payable by virtue of snid note and f~is
mortgage, or eilher, t~e morlrya!~ee may pay t~e same, wit~out waiuing or a~,/ecting t{~e option to jorec~oae
or any otF?er rigl~t he?eunder, and all such payments shall 6ear interest /rom dnte lhereof at !he {~igl~est ~aw-
(ul rale fF~en nllou~ed 6y th~ In~ns oj the $tnte of Florida .
~L any sum o~ money hereiri re~erred to 6e not prompf~y paicl u~ithin thirty (30) days next after
the same be~omes due, or if ench anc~ PVPR' !he agreements, slipulntions, cont/iliuns and couenants of aaid
note and this mortgage, or either, are not f ully perJormed, complied witl~ ancl a6ided by, tlten tl~e entire
sum rnentioned in said note, and this mortgage, or th e entire bajance unpaid thereon, shal~ ~orlhwitl~ or
therenfter, at the option o~ t~e mortgagee. 6ecome and 6e due and p.ayable, anqtking in said note or herein
to the contrary notwifhsfanding. Failure 6y the mortgagee !o exercise nny of the rights or options herein
proviclec~ s~a~~ not conslil~ife a u~aiver o~ any rig~ls or options under saic{ notP or this rnortgage accru2~ or
thereaJt~r accruing.
~Ia ~~UIL,S ~hereof~ f~ie saic~ mo?fgngor ~as {~ereunto siqnec~ an~ sea~ec~ these presents fhe }
c~ay anc~ year first a~ore u~ritfen. ~
Signed, aled and delii~e d i !he presence o): .
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~ ~QiLc.~--~ ALRICO Ir;~ . , '
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C~~ ' ~ BY : ~
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A. D. ORR, JR., PRES NT
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~ STA'T£ OF FLORIDA, ~ ~
COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day, betore me~ an
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officer duly authorized in the State a[oresaid and in the County aforesaid to tak~ acknowledgmenu, personally appeared !
A. D. ORR, J~., PRESIDENT AND FREDERICK B. GUHSE, SECRETARY I
to me known to b~ the person S descritxd in and who ezecuted the [oregoinq instrument a~d they acknowl~ed
~ be[ote me that they er.ecuted the same.
N'I7'~iF.SS my hand and official seal in thc County and Statc last aforesai is 12th .~~n ~~y ~
85 .I' ~~.,ti ,
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July A. D. 19 4
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~ MY COMMISSIONr ,C~-:~~
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~ F~~~-•.' • ~OT'RY PU6~~C $TRTE OF fi~ltlOA
~ ROGE~: : - ~ pY r,nr,Y.iS51~M F~V. AiR 2~,?~d9 ~
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~ This Lutrame~il prepnrrrl6y: First American Tit1e Co. of St. Lucie
Addr~ss 302 Scuth Second Street
° Fort Yierce, Florida 33450 (iit ~~~f
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