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ST. LUCIE COUNTY. F~A.~
and shall perform. comply with and abide by each and every the agreements, stipulations, rnndiltons and
covenants !hereof, and of this mortgage, lhpn this mortgage and fire estate hereby created, ahall cease, de-
termine and be null and twirl.
T11~{L the mortgagor hereby f urthe[ covenants and agrees io pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either:.lo pay all and
` singular the tares, assessments, levies, liabilities, obligailons, and encumbrances of every nature on said pro-
pe~ty: fo permit. commit or suffer no waste, impairment or deterioration of said land or the improvements
Thereon al any time: fo creep the buildings now or hereafter on said land fully insured in a sum of not less
j than the amount remaining from time to time unpaid
in a company or rnmpanies acceptable fo ihe• mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomea payable by virtue of such insurance the
mortgagee shall have the right to receitre and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay all costs, cha-ges, and expenses, including lawyer's fees and title
searches, reasonably incunrfl or paid by the mortgagee because of the failure of the mortgagor to promptly
~ and fully comply.wifh the agreements, stipulations, rnnditions and covenants of said note and this mortgage,
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or either: fo perform. comply with and abide by each and every the agreements, stipulations, conditions an
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
l mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, end all such payments shall bear interest from date thereof at the highest lau,-
f trl vale then allotoefl by the Laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within j0 days Next after
the same becomes due, or if each and every the agreements, stipulations, conditions and rnvenanls of said
note and ibis mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and 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 herein
fo the contrary nottaifhstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~~~ ~~~`, the said mortgagor has hereunto signed and sealed these presents the
day and year first shone u+rifien.
Sign se led n ~ered in the presence of
,'
~ ~ ~ ~Idthew Elms
--~-----~------------------~--.._....--------~--------......_...----~-----------------~---- --- a y - i~n~
STATE OF FLORIDA,
COUNTY OF $t. LuCi@
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknawledgmenu, personally appeared
MATHSW 8. ELMS and MARY G. II,MS, his wife,
to me known to be the persor$ described in and who executed the forcao'sn~ imtrument and ~yhC acknowkd~ed
beiorc me that they executed the same.
~YITI~ESS my hand and oiGcial seal in the County and State last aforesaid this ~ 8th day of
January A. D. 19 62.
J
_.~61.~--G'~. .. .-~G
f' Nota F
~• L.~•~A~'~i;, ~'~•~ M rY ubGc, State of Fbrida at large
~~•.~. ••' ~.:.:, ••.• n •.~~ ~~~ mission Expires Dec. 4, 1965
~ ~(~ A ~ ~'/~ rw pY Ame . of N.
~,,,,~~:'~ o? n !? yJ ~ ~ ~ f ~f.1J HI` W~ W scan Surety Cp Y.
800K
~,:' h` "G.. ~ ~ AM 8:54
'••'• ~ t: ~ ~ 1962 JAN 24
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