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~b~i 20 PACr 6Q
and .1.011 perform, c-omp', wU" and abid. b, (lOCI. ancl'.~ t . GgrHment.. .UpuC.Uona. f'OndiUona and
f'Ol'r.nanls (h..reo/, and 01 tI.ll morfgog' iMriJN-- ~~ flt'II. t". ,,'at. ".,..", nwa'~, .hall ce~fJ. d..
t..rmint' and lw null and I>o,d.
IbuI th.. mor'gagor hM'f.,h, lur"u:'I' cov..rian.. and OfIrHI '0 pa, promp.l, wh.n dlUf ,h. priru:ipol anJ
in'Pn'" and orhn .UIIU 0/ monry prov,ded lor In ,a,d no'tt oncl 11.,. mortgag., or .ilher: ~o pa, all I1nd
,'ngular ,h.. t'lX"'. a....um..n... levl.... 'iabilill.... obligalioN. fUld encumbrance. of '11<<"1 nature on ..ieI pro-
per',; '0 permit. commit or .uller no wcuh'. I~' (1r d.,.rioroUon 01 .ald lend or ,h. ImP"O....m.nll
th..reon a' OilY lim..; to Ir....p th. bulkllng. nou' or hf'f'f'O/tn on ,a,d land /1411, iNun><l 'n tj' .um 01 no' In.
,han TWBNTY SIX THOUSAND & 00/100 DOLURS
In a company or compelnl~. aCCtrp'able '0 ,h. mortgog.., .1.. po'lq or polirlr.. '0 b. h.ld by, and payoble
'0. .ald mortgan-. and In the ..vent any .um 0/ mon., b<<om.. payahle b, v'rlu. 01 .uch in.uronc. th.
mortgagH .1.011 l.ov. ,h. righ. '0 r(l('..I.... and appl, th..ame '0 th. ind.btedn... h....") 'fIC'ured, accounUng
to du. mortgagor lor any .urp'lu; ,~ pel)' all co.", charg... and .xpflU.... induel'ng low,.,.'. 1tN'. and fill.
.rorch.... reasonably Incurnod 0.- paid I,y the mortgagr.. koWl' of ,h. failure 01 ,h. morlgQgor to prompt"
and /ull, comp'y with "ll.' agrHmenl.. .lIpuloUoN, cmu/IUON and covenont. 0/ .old no'e and Ih.. mortgage.
M eilher; 10 perform. compl, wuh and abide by l'Gch and ellery Ih. ocirHmr.nl., .upuIoUoN. conditioN and
f'Ol'enonlJ .el forth In .aid nol. and Ih,. mortgagt' or .i1h..,. In ,h. w.nl Ihe mortgagor /111r. 10 pay when
due on, I!lX, cuselSn&..nl. In.uronCtl premium or o,her lIum 01 mon., pa'l1ble by v'r'ue of .ald 1\ote and ,h..
mor'gage. or either, ,I... morlgagee may pa, ,h. .ame. wilho!.Jt wa'v'ng or I1l1t'C1'ng .he opllon '0 loreclo..
or any olh..r righl h..reundpr, and all such pGynwrtl. .hCl!l b.or inleN" from dat. ,hero.>/ 01 Ih. h'gh.." law'-
fu' role thm allowed by Ihe law. 0/ rh.. Slat. of Flortda,
If an, .um 0/ monl'}' h.".in rel..mnllo be no' prompd, paJcl lL'i1h'n THIRTY cla,. next 11/'er
Ih(> same becoml" dU(>. or ,/ each and (Overy the agl'Hmeni., .lipulcuON. condilioN and covenant. 0/ .o,d
1101(> and ,his mor'gage. or (Oilher, or. no' fully pn/orm..cl, f'Ompltecl with and I1htdecl f". ,hen the entire
.um ..umtion.cl 'n Ia,d no'e, and ,I." mortgcge. or ,h e enU... bo~ unpaid ,hereon, .laaU lorthwilh or
'''erN/tn. at ,he option 0/ Ihe mortgagt>.., become and he due and payable. an"h'ng 'n 40Icl no'e or h.,..'n
'0 ,he f'Ontrory notwitlu'and'ng. Failure b, the morigagE'e to uerclJ. an, of ,h. rigla,. or OptiON herein
PfOl"ded .hall nol constilul. a wah'..r of an, right. 0' option. urnler .a,d not. or th.. mortgage accrued or
,hprHltpr accruing.
Ia 1ttitnw 1IhmDf. ,he .aiel mortgagor hcu hereunto "gnecl and .fIOW th..e pre.(On', '''e
day and )l('(Jr /'rsl ahal" u>riU(On,
S'gn . 'HW ~'h'E'rt>cl In Ihe pre'l'nct' of:
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STATE OF FWRIDA.
COUNTY OF ST. LUCIB
~
I HEREBY CERTIFY thai on this dAY. before me. aD
oErierr duly aUlhorized in lhr Statr aforesaid and in the Counly a{oreaaid to takr aeknowledgmen~, prnonally appeared
CLARENCB T. GIBSON and MARION" GIBSO)f. hi. vife
to In<' known to br thr prnon detCribed in anei who rxecutrd Ihe {orqroill8 imtrwnrnt and they aeknowled,rd
before me that they ruc\ltrd the same. d
WITNESS my hand and official...al in the County and Statr bit aforfiaid this 7: day of
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