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and shall perform. comply with and abide by sack and every the agreentenb, atipulattoru, conditions and
cone-tants thereof. and of this ntortgags, then thta mortgage and the estate hereby created. ahnl! cease. de-
terrine and be null and void.
the mortgagor hereby further covenants and ag'w' to pay promptly wh.n due the principal and
interest and outer sums of money provided for in add note and this mortgogs. or either': to poy all and
singular the taxes, assessments, levies. liabilities, obligations. and encurmbranees of every nature on said pro-
perty; to permit, commit w suffer no wrote, intpnirmenf or dsteriorotton of said land or the improvements
thereon at any time: to keep the buildings now or hsrraf ter on said land fully insured in a sum of not less
chore the a>sount rezlt<ainia lroi t i>ae t ~ tie un~aid
in a company or eompa>ltes aecePtable to the mortgagee. t e po or po ies !o be held 6y, and payable
,~ ! a----=n ~-omer payable by virtue of such insurance the
iv, su+u ~s.~sigut7ee..utd in the event any bum or ++..+...~
mortgagee shall have the right to receive and apply the same to the indebtedness Hereby tscured, accounting
es: including Iau~yer a Jeea and title
to the mortgagor for any atuplw; to pay all cosh, charges, and expetu
I, It -- ..t +t.~ ~!!A~~n~tfr t(- promptly
sew+chss. reasonably incurred or paid by fire mortgagee oecxaiui of i::. f a.:.:::: ~;
and fully comply with the agreements, atipulntioru, conditions and cove..i+:.:. vi ;a'w :alb ~.-td tl:{-= m'-"fo^o°•
or either: to perform. comply with and abide 6y each and every the ogreemenb, stipulations. conditioru and
covenants eel forth in said note rend this mortgage or either. In the event the mortgagor Jails to pay when
due nny tax, assessment, insurance premium or outer sum of money Payable 6y virtue of :aid note and this
mortgage, or either, the mortgagee may pay the snore, without wdvtng or affecting the option to foreclose
or any outer right hereunder, and all such payments jhaU bear interest Jrom date thereof at the highest law-
ful vale then allowed 6y the laws of the State of Florida. ~
3L any sum of money herein ref erred to be not promptly paid within 30 days next after
the same beco+wes due, or iJ ench and every the agreements, stipulations. rnnditions and covenants of sold
note and this mortgage, or either, are not fully pert orrted, complied wish and abided by, then the entire
sum mentioned in said note, and this mortgage. or the entire balance unPdd ther+son, shall forthwith or
thereafter, of the option of the mortgagee. become and be due and payable, nnyfhing in said note or herein
fo the contrary notwithstanding. Failure by the mortgagee to exer+ctse any of the rights or options herein
provided shall not conatilute a waiver of any rights or options under said note or tha mortgage accrued or
thereafter accruing.
~n ~~(~ ~`~ the said mortgagor has hereunto signed and sealed these presents the
day and year Jinf above written.
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STATE OF FLORIDA,
in the presence of
arde• A. 3lotaln Jr.
i ~- L/ /l
------------------------------------------- --- -- elba aloan
coUxTY of St. Lucie '
I HEREBY CERTIFY that oa thu day, before me, an
officer duly authorized in the State a[ot~e~id and in tht County aforesaid to take acknowkdsments, personally appeared
HARDEE A. sLOAx/ana MELBA 9LOA8, hie wife,
to me known to be the pcnon t3 described in and who executed the foresoing instrument and who acknowkdsed
before me that the executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this 3rd day of
February A. D. 196'I .
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FllE ND RECORDED
IN~~~OK
1961 FEB -6 AM 9:42
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~lCER POt'ViAs. f~
St U1~If CoaNt'Y FL,OWlA %~
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