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and shall per~orm, comply with and abtdr by «ach and every the -a{jrsemenls, stipulations, condtfioru and
covenants thereof, and of this mortgage, then the mortgage and the estnte hereby orated. shall cease. de- .
lerrttine snit 6A null and void.
the mortgagor hertrby. further covenants and agues to pay promptly when due the principal and
interest and ofhsr sums of mons7r provided for in said Hole and thi, mortgage, or either: to pay all and
singular the faxes, assessments, levies, ll3bilitles, obligations, and encumbrances of every nature on saki pro-
perty; to perm!!. commit or suffer no waste, impnirment or deteriorotior. of said land or the improvements
ther+eori at any time; to peep the buildings now or hen*after on said land fully iruured in a sum of not less
than FIY+'TY-FIVE H[T3tDRWD DOLLARS AND N0~100---------------------------
in a company or companies acceptable to the mortgabea, the p^licy or policies !o be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mort~ageA ahaU have the right to rrrceive and apply !h• same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonably incttrred or paid by fhe mortgagee becawe of Iha failure of the mortgagor to promptly
and fully comply with the agreements, it:pulattons, conditioru and covenants of said note and this mortgage,
or either; to perf orm, comply with and abide 6y each and every the agreements, stipulatioru, conditions and
covenants set forth in acid note and this mortgage or either. 1n the event the mortgagor fatly to pay when
dw any tax, aasessmant, irut.ronce premium or other sum of money payable by virtue o) said note and this
murtga,~e, or either, the mortgages may pay the same, without waiving or affecting fhe option to foreclose
or any outer right hereunder, and all such payments shall bear interest from dale thereof at the highest law-
ful rate then albu~ed 6y the laws of the State of Florida.
3` any gum of money herein referred to be not promptly paid within 30 days next alter
the rams becomes due, or if each and every the agreements, ,ttpulntions, conditions and covenants of said
note and this mortgage, or either, are not fully performed, compiled with and abided by, then the entire
sum mentioned to said note, and thl, mortgage, or the entire balance tutpatd thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be d.ie and payable, anything in said Hate or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or optioru under said note or this mortgage accrued or
thereafter accruing.
~n ~~NteSS ~flPCfof, fire said mortgagor ha, hereunto signed and sealed these presents the
day and year f trot above written.
Signed, sealed and delivered in the presence of
STATE OF FLORIDA,
COUNTY OF 3t . Luc ie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid end in the County aforesaid to takz acknowledgmenu, personally appeared
TED I~I~Rt ARNOLD and WANLA LhE ARNOLD, his wit's
to me known to b_ :u person described in and who executed the foregoing instrument and they acknowledged
before me that thOyexecuted the same.
WITNESS my hand and official seal in the County and State last aforesaid this lilt • day of
DeQember A. D. 19 62
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Notarp Pt~tit, Stets of Florida et large
-~-~-1-~~~ My Comatisi:on Expires March 25, 1465
tt..aa ar ~~,., rw a c.s,v4tr ca,
Fit AND REGORDE~
IN~ ~ BQOK
is62cEC is a~ii: ks
ROGER POITRAS, CLERK
ST. LUCIE COUNTY,~ORI~
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