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ST, IUGIE_COUNT_ y. FLA.
and shall per/orm, comply with and obtd~ 6y Hock andvwwy the agnew~ents, stipulations, condtttors and
cotrenanfs fhereo% and of tht, mortgage, then this mortgage and the estate herreby crated. ahnU cease. de-
termine and 6e null and void. -
the mortgagor hereby further rntrenants and agues fo pay promptly when due the prtncfpal and
interest and othe- sums of money provided fa in said note and this mortgage, or either; to pay all and
singular the taxes, assessments, levies, ltabiltfies, obligations, and encumbrnncss of every nattsro on said pro-
perly: fo permit, commit or tut ter no waste, tmpalrmenf w defsriorofion of said land or the improtremenls
thereon at arty lime; to keep the buildings now or hereafter on said land fully trtsured in a sum of not less
than T11O T'eOl/SAND 11II1E AUNDRED SEVENTY (RIVE b 00100 DOLLARS
in a company or rnmpanies acrspfabls fo the mortgages, the policy or policies to 6e held by, and payable
fo, said mortgagee, and in the event any sum of money bernmes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same fo the indebtedness hereby second, accounting
to the mortgagor for any surplus; fo pay all costs, charges, and expenses, including lawyers fees and title
searches. reasonably incurred or paid by the mortgagee bemuse of the failure of the mortgagor fo promptly
and fully comply u~ifh the agreements, sfipulaltons, conditions and covenants of said note and (his mortgage,
or either; to per/arm, comply with and abide by each aftd every the ngnemenb, aiipulations, rnndifions and
covenants set forth in said Hole and this mortgage or either. /n the event the mortgagor fails to pay when
due arsy fax, assessment, instrronce premium or other sum of money payable by virtue of snid note and this
mortgage, or either, the mortgagee may pay the same, urifhoul wait+ing or affecting the option fo foreclose
or any other right heretsrtder, and all such payments shall bear interest from date thereof of the highest law-
ful rate then allowed 1-v the Iau~s of the State of Florida.
~l any sum of money hPreirs re)pmed to be not promptly paid u•ifhin thirty days next after
the same her-omes drre, or if each and every the agreements, sliptrlations, conditions and covenants of said
note and this mortgage. or either, are not ftclly performed, complied with and abided by, then the enfin
sum mentioned in said note, aril this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or hentn
to the contrary nofurif/ssfanding. Failure by the mortgagee fo exercise any of the rights or options herein
provided shall not consfiltrte a wgiver of any rights or options under said note or this mortgage accrued or
thereafter an-nring-
~n ~itnQSS thereof, the said mortgagor has hereunto signed and sealed Ihese presents the
clay and year first above u•rillen.
Sign ,sealed mid delivered in the presence of:
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STATE OF FLORIDA,
Ct)1•\TY OF ST. LUCIE
I' 1 HEREBY CERTIFY that on this day, before me, an
officer duh• authorired in the State aforesaid and in the County aforesaid to take acknowleda;ments, personally appeared
Harold E. Knarlsa and Panda S. ICnowlea, dig wife
to nu• known to be th~• person descritxd in and who executed the forcgoinQ instrument and thexcknowkdRed
before me that tb~yrxecuted the same.
N't~l'\F.SS any hand and official seal in thr_(:aunty anti Stat.• last aforesaid this 11th day of
January :~. n. 19 62
:. 1O2UU5
v .. FllEO ND RECORDED .. - __ _.__ - -- ---- --- -------- _ _
~ ' ~ ~ ,) p ~[ Notary Public, State of Fior!da at Lame
. U •~ • •`~ . ~ IfV BDDK MY Commssiert Exp ;eq i":Y l7. 19iia
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-'' _ Bonded by Amenc~n Surety Co. of N~ Y
' . t' ~ • ` .. ~ -_ 1962 JAN I a PM 2: 19 - ~'
-••~ ROGER POITRAS. CIERK
~ 5T. IUCIE COUNTY, FLORIDA ;, --~ -~•~~~~
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