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nnd shall p~r/orm, cumply with and u6ide by each and every thp avreemends, ~ti,~ulations, conditions and I
ca~~enanis thereo~, and of !{iis mortgage, then this mort,yaqP anc~ the estate hereby created, ehall ceas~, de-
tPrmine a?tc~ 6P null and voic~.
I 7i~ the mortgagor {~pre~6y (urt~eer covenants anc~ agrees !o pay prompt~y when c~ue the principa~ and
interest and other sums o~ moriey provided for in said note and t1~is inortgoye, or either; to pay aII an~
~ sin~ular tlie ~A.CP5, assPSSmenis, levies, ~iabilities, o6ligations, and encum6ranres o) every nalure on said pro-
~erty: to permit, commit or su~jer no u~nste, impairmenl or deteriomtion oj saie~ ~and or the improvements ~
~ thP?~eon nt any lime; to ~eep the bui~dings now or hereafter on said ~and (ully insured in a sum o~ not le~s
~ than ~1741.82
( in a company or compariies accepta6le !o tf~e morlgugee, the poliry or poticies io ~e held 6y, and payabla
to, saic~ mortyageN, and in the event any sum of money becorrtes payable by virtue o~ such insurance the
mortgaqeF shal[ hnve the right b receii~e and apply the same to the inde6tedness here6y secured, accvunting
tQ the mortyac~or jnr any surp~us; to pay a~~ costs, c{targps, anc{ expenses, inr.jue~ing ~awyer~s fFes anc~ tit~e
searches. reasonably incurrec~ vr paic~ ~y the mortgagee because o~ the Jai~ure o` the mortflagur to prc>mpt~y
nnd'ul~y comply wit~ t{~e agreements, stipu~ations, conditions anc{ covenants of said note an~ this mortgage.
or either; to per'orni, comp~y witf~ ancl abide by each ancl every the agreements, stipu~+ntiort~, can~{itions anr~
co~~enants set forth in said n~te and this morigage or either. ?n the event the mortgagor (aila to pay w~en
due any tax, assessment, insurance prertiium or ot{~er sum of enoney paya6~e by virfue o~ aaid note anc~ this
mortgage, or eit{~er, the mortgagee may pay f{~e same, witfYOUt waiving or u~`ecting ihe option to Jorec~ose
or any other right F~ereunder, and aIl such payments shall bear interest ~rorr. date tF?ereo~ at the {~ighest lau+-
(uI rnta tfien allowec{ hy !{ie laws o( the State o~ F[orida.
~E any sum of money herein reJPfrPd to be not promptly paid ~vithin thr~ty days nezt ajter :
tEip same 6ecom~s due, or if earh an~ every tF~e agree?nents, stipulatinns, conditions and couenonta o` said
note an~ this mortgage, or either, are not )u~ly ~erf ormec~, comp~ied with and a6ided by. lhen the entire
sum mentioned in said note, and tF~is mortgage, or tF~e entire 6alance unpai~d if?ereon, sf?nl~ (orthcuitF~ or
tF~erea/ter, at the option o~ th~ mortga~~e, become and 6e due and paqable, anything in saac~ note or herein
to the contrary riotwithstnnc~ing. Failure by tF~e mortgagee to exercise any o~ the rig{~ts or options herein
proi>ic~e~ s~a~~ not COIIStI~iltP a u~ait~er of any ric~~ts or options unc~er sait~ note or this rrtortgage accruec~ or -
thPrea~l~r ncrrieiric~.
,
~~tn~s ~h~~t~ 1~c~ said mortga~or has hereunto signecl and sPaled ihese presents the I ~
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~ ~ay anc~ yenr ~irst aho~~e u~ritten.
Signe~ sealecl and c~eliaered i?~ the presence o~: ~
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STATE OF FLORIDA, ~
COlilTY OF 5T. LUCIE (
I I F{EREBY CERTIFY that on this day, hefore me, an
~ effi.er duly authoriz?d in the State ato:esaid and in the County aforesaid to takr acknowledgrnenu, personally appeared
HORACE B. JOHNS4N and JOYCE D. Jt~HNSON, his xife
I to me known to be the person described in and who executed the foregoing instrument and tn~~ acknowiedged
I beforc me that }~ey rxccuted the same.
I ~1'ITtiE55 my hand and officiai seal in the County and Statc last aforesaid this 25~,n day of
~ JLiri9 A. D. 19 S~J ~ ;
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