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and shall -sr/~ssa~, ooayi~r ,rod ~ ~Is~ fhr •sid Fwd ww! tXc ersrs~wM. ~!. aerwlittowa awd
ws-w~awls t~cryaf. ~ ~ t'Isb wswt~c. llicw thb ~worysrc ~ the cataic hcsrb>r awalsd. shall oew, dc-
t«+wena and ba naA esd e.ltf.
th. ~wrtg.gor h...br f vthw coo.nona mid ~ew+ a t~ tx~Mb wb.n dw she p.irtdp.l .red
trttwwt and o!hcr suwu o/ wsosay pnavidcd for to add no/c ee+1 this nwrioaoc, ar colter: b par .Il wad
singulm the taurces, ass«sments, lcrrt«, liabtlttta, obltpaHwas. and et~evmbrwscw of cwry nature on cold pro-
party: to perMtt. eotrtrnlt or aujjr no uwate. tsnpdrneartt a. dt.rio.diot- of add land o. the ttnprovemertts
thereon at am tints: to (teep the bulldinga now o- hwrajt« on said land fully insnnd in a sum of not leas
than r'itteen T~eiotsand and rep/ 100 - - - - - - - - - - - - - - - - -- - -
in a oanpanr or companies atxptabb to the mortgag«. the pt:Gcr or policbc io 6e held 6y, and parable
to. said mortgag«. and in th. event any awn of mono 6eeomes payobb br virtue of such lnauranc~ she
moregag« shall haw the right to reoeiw and apply the same to the tndebeedn«a herabr second, aooounti-tg
to the mortgagor joy any aurpltu: to par all cosh. chang«. and expens«, inelnding lawyer's Jees and tilt
searches. reasonably incurred or paid by the mortgagee 6.caua. of the jdGw of the mortgagor to promptly
and fully comply with the agreements, stipulations. co-tdittoru and eooenartb of sold nob and thl, mortgage.
or either: to perform. comply with and abide by each and every ills agr«menb, aopulatbrts, eondttioru and
covenant set forth to said note and this mortgage a either. In the event the mortgagor fails to pay when
due any tax. assessment, insurance premium or other sum of money parable 6y virfw of said rite and this
mortgage. or either, the mortgag« star pay she same, without watutng or aj/ecttng th. option to /caches
or any other right hereunder, and all ouch payments shall beer interest from dab thereof at the highest law-
f ul rote then allowed 6y the laws of the State of Florida.
~L any sum of money herein ref erred to be not promptly paid within $0 dari next after
the same becomes due, or if each and every the agr«m.nb, stipulations, eondittons and covenants of said
note and this mortgage, or either, are not fully perjonrssd, complied with and abided lir. then the entire
sum mentioned in sold note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee. beeorrte and bs dw and payable, anything in sold note or herein
to the contrary notwithstanding. Failure by the mortgages to exendse any of tht right o- options herein
proutded shall not corutitute a waiver of any rights or options under said note or this mortgoge accrued or
thereafter accruing.
;n ~~~(~ ~~ s the said mortgagor ha hereunto signed and sealed these presents the
day and year (tat above written. .
St and delive In the a ce oj:
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STATE OF FLORIDA,
before me that they executed the same. /~ _Z>(i
WITNESS my hand and o(ticial seal in the County and State last aforesaid this /~/ ~ daY ~
courrrY of ST. LUCIE ~
I HEREBY CERTIFY that on thu day, belorc me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdsmenu, personally appeared
KENNETH R. PETERSON and IRENE PETERSON, his wife
to me known to be the person8 described in and who executed the forc6oins instrument and they ack~~6~
D. 19 61.
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Public, a e of Fiorida at Lar
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