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and shall perform, comply with and abide by each and every the agreemenb, stipulaftoru, eondttioru and
covenants thereof, and of this mortgage, then this mortgage and the estnte hereby created, shall cease, de-
termine and be ntl11 and troid.
-IULIf~ the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
tilernsf and other sums of money provided Jor in said note and this mortgage, or either, to pay all and
singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
the_~! of any -ime; fo deep the buildings now or hereafter on said land fully insured in a sum of not Less
than X1552,86
in a company or companies acceptable fo the mortgagee, the policy or policies fa ho -,ol.l tiy, end payab[z
fo, said mortgagee, and in file event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, occounfing
fo the mortgagor for any surplw: to pay alI costs, charges, and expenses, including lawyers Jees and title
searches. reasonably incurred or paid by the mortgagee becawe of the Jailors of the mortgagor to promptly
and fully comply with the agreements, stipulations, condttioru and rnvenants of raid note and this mortgage,
or either; to perform, comply with and abide by each and every the agreements, sttpulntioru, eondttions and
cot+e-lants set Jo-fh in said Hots and this mortgage or either. In the event the mortgagor Jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may guy the same, without waiving or affecting the option to foreclose
o~ny other right hereunder, and all such payments shall bear interest Jrom date thereof at the highest law-
f ul rate then allou+ed by the laws of the State of Florida.
1L any sum of mo-!ey herein referred fo be not promptly paid within thirty c]nys next alter
the same becomes title, or iJ each and every the agreements, stipulations, condifio-u and covenants of said
note and this mortgage, or either, are not fully Performed, complied with and abided by, then the entire
sum mentioned to said note, and this mortgage, or the entire balance unpaid thereon, shall Jlxfhwtth or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary nofwifhslanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not censlilt:te a waiver o an ri his or o lions under said note or this moN
f y g P gage accrued or
(hereafter accruing.
7n ~`uteSS ~~of, the sold mortgagor has hereunto signed and sealed these presents the
day and year tint above u+rfffen.
Sign d, sealed and delivered in the presence oJ:
-_ .. __.
~-yy~ - --••--•-
STATE OF FLORIDA,
COUNTY OF ST. LUCIE
-'~ I HEREBY CERTIFY that on this day, before me, an
officer duly authorised in the State aforesaid and in the County aforesaid to take acknowledgments, penonaUy appeared
MILDRED McPHEE SANDS and GEORGE SANDSs her husband
to me known to be the prnon' described in and who executed the (oreaoirl~ instrument and thAXck~,led6~
before me that they czccutrr_f th. sra:e.
WITNESS my hs_~ _~ official Kai in the County and State last aforesaid this
February A. D. 19 61 16th day of
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FItEL~ANO RE'COROEO
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ROGER POITR~,S, CL~~Ktt
ka~Y Pubnq State
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