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and shell perform, comply with and ab~a 11~:~~ck.ab~~~el~+er'ryL ice ~agroemen:s, stipulations, conditio-tr and
covenants t{tereof, and of this mortgage, then this mortgage and fire estate hereby crest<~d, shall cease, de-
termine and be null and votd.
7iil~i the mortgagor {tereby )urther covenants Md agrees to pay promptly when due the principal and
interest and other sums of money provided for in s~ia! note and this rortgage, or either; to pay ell and
singular the tares, assessments, levies, liabilities, obligaltons, and encunbronces of every nature on said pro-
pe-ty:-to permit, commit or su)fer no waste, impairment o- deteriorntion of said land or the improvements
thereon at any time: to I;eep the buildings now or hereafter on said land )ally insured in a sum of not less
than
in a company pr companies ucreptnble to the mortgagee, ilte policy or policies to be held by. and payable
to, said mortgagee, and in the event any sum o) money becomes payable by virtue o) such ytsurance the
mortgagee shall }rave the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor )or any surplus; to pay all costs, charges, and expenses. including lawyers fees and title
scare{res. reasonably incurred or paid by the mortgagee because o) the )ailure o) the mortgagor to promptly
and )oily comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: to pert ornt, comply urith and abide by each and every the ~ agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event Ilte mortgagor (ails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue o) said note and this
mortgage, or either, the mortgagee may pay the same, withcut waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest lau~-
f ul rate then allotued by the laws o) the State o) Florida.
~` any sum of money herein referred to be not promptly paid within 3p days next a)ter
rite some becomes titre, or if each and every the agreements, stipulations, conditions and covenants of said
note and this 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 un;~nid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything %n said mote or herein
to the rontrary notwithstanding. I=ailure 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 !h%s mortgage accrued or
thereafter accruing.
~n ~tttleSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above u•rilten.
Signed sealed and delivered in the presence of
~~il /~ n I
~~ u.J~,irant~- ---... -...--""- " - ---~ -.....- "-"~------ - - " - - - -.. ~
....-.
STATE OF FLt?RIBA,
CO:7NT~' OF ST. LUCIE
I ?-IEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the Cc;:nty a(oresaid to take acknowledgmenu, personally appeared
RUTH KILLER HICHOLSON
to mr known to be thr person described in and who executed the foregoing imtrument and i*}10 acknowlc.tged
kYITNESS my hand and official seal in the Gounty~and State !ast aforesaid this ~ 2 ~' day of
`r `"
~~ 6 .4. D. 196Q ,
' ---"" ' ~ ~~ ~ " F(I.ED AND REDORDED ~"" rvotary Pub!'c, State of Florida at Large
~^ ~ `, (~ .~ ~,` v : " ' ~~ icla~ etQf~ _ ~~D~ F/y Comm~ss on [xp res t,4aY 17, 1966
i- ~ ," ~IF Sonde 7 by P.mercan Surety Co. of ~1. Y,
before mr that 8]'Ia executed the same.
`~
1962 NOY I ~+ AM I I : 29
R~3GER p01TRAS, CLERK
ST. IUCIE CDU~TT'f, FLORIDA
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