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anc~ thall pe~(orm, comply with nnd abide bq each and every t~e agreemenfs, attpu~ntioni, condltloni ar~
cronenants lhareo~, and oj t{~ta moHgape, t~en tf~ia mwtgage nnc{ fhe sstafe heroby creafed, i{~ajl cea~e, d~- ~
termine and 6e nuU and void. }
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n1~ ttiP mortgnflo~ hereby jurfher co~enanls anc{ ag?ees to pay prompfly when clue the Rrincipa~ nnd ~
tnteresl and of{~er sumi ol money providecj ~or in sald note and thti mortgnge, o~ etther; to paiy o~l and ~
stngu~ar t~ie taxes, assessments, levtes, ~tabi~ities, obligalions, ancj encumbnw~cea of every nalure on :a~ pro-
pertq; to permit, commit or sµjfer no wasfe, impacrment or detercor~olton of :~td la.~d or the trnprovemenb ~
therecn at any fime; to lepep the bui~ings now or he~+ea~ter on said Innc! juliy instu~ed in a sum of not ~ess s
than highest insurable value E
in n co~npany or rnmpaniea aeceptab~e to ir',e .-~~oslgagee, the policy o~ poltctes to 6e held 6y, ~d poynbl~
to, said mortpagee, nnd in thR euent any aum o( money becomes ~ya6[~ 6y virtue o/ such insurance tl?a
ntorlgages shal[ ha~e the right ~o receiue and upplq t{~e sa„-.a to t6e indebtedness here6y secured, aceounttng
to the niortga~or jor any surplus; to pay a~~ costs, c~arges, and expenaei, inc~ucjing tawyer'a (ees and tlt~e
asarc~es, reusonn6ly incurrec~ or paid by the mortgagee 6ecause of fhe fatlure o~ the morlgago~ to prompljy
and lully comply with the agreements, stipu~nfio?u, conditiont anc~ covennnts o/ said note and t1~ta mortgog~,
or eit~ee~: to pe?fo~m, comply with nnd abida by each and every the ag?eerr.enta, atipulattoru, conclittoru and
covennnf~ set ~orth in snid note and I~is tnortgage or either. ln the event !he morlgagor fai~r to pay w~een
due any tax, assessme~t, insurance pr~emiwn o~ othe~ sum oj ,~o,~ey ~yo6~ 6y vtrtue oE said nole and thta
mortgage, o~ either, t~e mortgagee ,~ay ~,y the same, wit~out waiving or ajfecting tf~e option to ~oreclost
or nrey other rig{~t {eereunder, and aU aucl~ payments 1hall 6ear intere~t (ronn dnle thereo/ at t~e F~igheat Inw-
~ul rate then allowed 6y the Iau~s oJ the State of Florida.
J` any sum o~ money herein re/erred to 6e not promptly paid within thirty days next n~ter
the sarree becomes due, or iJ eacb and euery !he agreemenls, stipulalions, condilions and covenanta of aaid
note end this mortgage, or eitl~er, are not jully pe?formed, complied with and abided 6y, then the entire
sf~m mentioned in said note. ~d th~ mortgnge, ar tF~e entire balnnce unpnid ther+eon, shall /orthwtth or
theren(ter. at tl~e option oJ the mortgagee, 6ecome and 6~ due ~d ~ya6l~, anytF~ing in said note or heretn
to the contrnry notu~ithstnnding. Failure 6y tf?e mortgagee to exerciae any of tl~e rig~ita or opNona heroin
prouide<~ sha~~ not constifute a wai~~pr o~ nny rigE~fs or options unc~er snid note or thfs rreortgage acerued or
therea(ter accruing.
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n~~~~ ~~Ol~ the said morfgagor f~cu hereunto signed and sealed these presents the
c~ay anc~ year jirs! n6ove u~ritlen_
Signe , aled and deli ~erecl in t presence o/:
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William L. enahan
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STATE OF FLO DA, ~
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COU:~TY nFL!/~~""' h'1'J ~
I HEREBY CERTIFY that on this day, betore me, an
ofiicer duiy authorized in the State aioresaid and in the County aforesaid to tak~ acknowledgments, penonatiy appeared
~ William L. Lenahan
to me known to br the prrson described in and w•ho eaecuted tne for~qoinq instr~ment and Who acknowltdged
before me that he ~xccuted the same.
«'I7:\ESS my hand and official seal in tha- County and Statr last afor~said this /
j j~ day of
JUNE D. 19 8b .
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I ~66~~Z NOTARY PUBLIC
MY CO;~II~iISSION EXPIRES :
Notary Pub~jc, Stat~ of Flori~a at La~ge
_ ,~My Commission Fxp+res Sept. 25.1987 ?
~ 19 ,,:,,,:~:~:,,,,r.,
PREPARED BY S~an Il_ MPi nor P2;08
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CHELSEA tITtE C0141PANY ~ ` .`'y ~ ~
7642 S. U.S. 1 PQRT ST. LUCIE. fLORIDA. "~'~H?"N F~'- ~ ~
INSTRU~t1ENT VJAS ?REPAREL' INCIDE~J?!AL 7~ TNE ROG~F: ' yl
SI LUC?E Cu.;r,T~r. F-, .3~. ; ;y
WRITlN~ OF A TITLE INSURAPdCE POUCY." _ "
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U R 504 ' r ~3 ~`t .
7lru L,s~n~„~~»r pmp~lr~d hy: so~K f',~G.
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