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and ;boll perform, comply with and abide 6y eoe~synriil` ei~ery~t~{te a~r~Prnents, stipulations, conditions and
.•over,nnts thereof, and of this mortgage, then this mortgage and the esta!e -terehy created, shalt cease. de-
termine ruin be Mull and void.
~rcd t{[e mortgagor hen'by further covenants and agrees to pay promptly u'-tvn due the principal and
irterest and other suns of money provider! for in said note and this mortgage, or eilhrri fo pay all and
sin~tular the Imes. assrssmenfs, levies, liabilities, obligations, and enruml>rances of every nature on said pro-
pertV; to permit, commit ar sufJrr no u'nsfe, impairment or deterioration of said land or the in>provernents
thereon at am lime; to -teep the buildings now or Kerr>nJter on said land fully insured in n sum of not less
Ihan
in n company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
tn, said mortgagee. and in the event any sum of money becomes payable by viriua of such Insurance the
morfctngee shall bare the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor fur anp surplus; to pay all costs, charge, and expenses, including lauryer~s Jees and title
searches, rensonobly incurred or paid by the mortgagee because of the failure of the mnrtgayar to promptly
and full)' comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perforxrt, romply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In She event the mortgagor fails to pay when
due any tn.t~, cssessment, insuran.e premium or other sum of money payable by virtue of said note and this
mortgage, or eitl[er, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or anv other right hereunder, and all such payments shot! bear interest from date thereof a! the highest law-
ful rata than allowed by f1~e laws of the Mate of Florida.
]` I be vat rrom fly aid within thirty days next after -
Dl any sum of money -terefn referrec to { P P
tl,e some becomes due, or if each and every the agreements. stipulations, conditions and covenants of said
vole and this`morlgage, or either, are not fully perJornted, complied with and abided 6y, then the entire
sum mentioned fn said note, and this mortgage, er the entire balance unpLLid thereon, shall forthwith or
!hereafter, at t1),a option of the mortgagee, become ar,d be due and payable, anything in said note or herein
to the contrary nohuithstnnding Failure by the mortgagee to exercise any of the rights er options herein
provided shall not constitute n-tnaiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~C'i ~ltf1e55 whereof, the said mortgagor has hereunto signed and sealed these presents the
dos• and year first above [nriften.
~~~ .`+igne sealed r [d delivered in the prase e of :
-- -- ----- -- ---_.- -......... - -................-- - -------...-..........---- - -- - - W. Schsri r
o >~ICe He~e chsric r
.... _......._.. ...... -via ~ ..Bucht3nt3n, •t3urvi~ ng spcnise
~ William E. Bucht3nan, decet~.sed
STATE OF FLORIDA, ~ ,~
cOI.'tiTY OF INDIAN RIVER
I }IEREBY CERTIFY that on this day, before mq an
officer duly authorised in the Stau• aforesaid and in the County aforesaid to take acknowledgments, personally appeared
LOUIS IV. SCHWICY.ER, FLORENCE HELEN SCF{WICKER, and OLIVIA C. BUCHANAN,
'surviving spouse of IVilliam E. Buchanan deceased
to nu• known to ~r the pe•rson~ described in and who executed t~e forrgoinq ,nstrument and t}1ey acknowledged
befon• me that ~}liry executed the same.
\\'ITtiF.SS my hand and official :cal in thr County- and Stat,• last aforr`s3id this 19th day of
I` November :~. D. 19 62
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FILED ANO RECORDa00K ~Ot~' Public
~~' tZy Commission Expires
i952 NU~i 2 I - AM 10:43
_~itety pub'Tk, State cS Flcr'^• q` ~"rs'•
6tY GWT-t111RE,1G~~8~ QcL 3, 1 yty~
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- _ - ~tpGER POtTRAS- CLERK
~'. .. ~ • - , ,-.,~~": LUCiE .COUNi'i, FLORIDA