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; anc~ shall pc•rforn~, ~•omp(y with an~ a~?ic~p hy each a~id et~ery t~e agreamenta, stipulations, conc{itiorw wtc~ .
~,'ti rarenants t~p?pa~, anc~ o~ t{eis martc~age, f{tF~~ itiis mortgapN nne~ thP estata h~rpby c•Yntecl, tha~~ ec+axe, de-
" fermine anc~ ~>e nu~~ a~~~~ t~oi~~.
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~ULiI th~ mortya{lor here~,y f url~er rovenants and agrei+s to pay promptly when due f~?e principa( and I ~
in~ernst an~ othPr sums of money provtc~ee~ #w en aaic~ note antl itiis mortgaps, or elt~e?~; to pay a~~ nne~
t~ sin~u~ar t~e taxrs, asseaar?tents, ~evips, lia~Si~Ittes, ob~igations, and encwnbr~anret oJ eve?p n~tunt on saitl pro- ~ i
ert to ermit. ~•oinmif or su ~r no wasle, im irment or ~eterdoration o sait~ land or the im rovemenfa ~ `
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~ t~~ere~or~ nt n~4y lime; to ~CPep the 6uildings nou~ or hr?paf ter on caid ~and Jully insured in a sum o( not Iess
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in a company or ~vmpanies accc tahle to ti~e mort a ee, the li be held by, and payable ~
;j p 9 g po cy or policies to :
tu, saic~ mortc~agpP, arec~ in tj~e ei~ent any sum o~ money bec~omes ~wya6i~ 6y ~~irtue oj sue{e iruuranee ttie
mortga~Pe shall hai~e ihe riQht to rc~c•eive artd apply the same to tlee inc~ebtedne~s hereby seriu~ec~, accounting '
to fhe mortc~anor ~or any stirpleis; to pay all costs, ch~rqes, ar?d expensea, inc~urling jpwyer~s jpes and tit~e ~
~ sqorch~s, rPasonahlv incurrpt~ or paia by rh~ mortgagee tiecause o{~ t~e Jai~ure oj t{ce mortgagor to prompt~y
` and f ully comply with the agreements, stipulations, conditions and corenants oJ said nate and this mortgage, `
~ or Pither; to perJorm, romply u~ith and a6ide by each and every tf~e a9reements, stipulalions, condiiions and .
coven~nts set (orth in said note and this ma?t~age or either. In the event the mortga~ur (ails to ~uy when
i~ due any tax, assessment, insurance premi~im or other sum o( money paya6le bp virtue of saicl note and this ,
' mortgage, or eit~er, tfie mortgagee may pay the samt~, wit~ouf tvnin%ng or at~ecting t~e option lv forec~nse
, ' or any otli~r rig~t herhun~~r. ~~ir( all sucJ~ payments shall bear intprest /rom dnte thereoJ at the Ftigltest lau~- a
~ul rate t~en altou~ec~ ~v tRe In~us o( ffie State o~ Florida. ~
~l arsy sum of money hereir~ re~erra~l to E~e noE pmmpfly paid within thirty c~aya next ajter ~
Ihp same hecomes c~ue, vr i~ each anc~ every t~e agreements, stipulations, conc~itions anc~ covencrtts of sattl '
. notP and thi~ mortyuc~e, or e~ther, are riot ~u[ty pe?~ormed, comptipc~ witFr ancl ab~ded by, t~en t~ee entire
sum mentio?ied in sai~ note, and this mortgage, or the enlire balance unpaicl t{~Preon, shalt forthw~th or {
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' thprPa~tpr, at thc> option of the mortgaqee, 6ecome anr~ be tlue and payable, anything in said note or heretn
to 1he co~itrary notwit{~standinq. Failt~re 5y the. mortgagee to exnrcise any oj the rig~ts or options ~?erein
proe~ic~ed s{ia~~ not c~nstitute a u~airer o1 any ric~hts or options under said note or thia mortgage accrued or
tE?erenJtc~r ~rcruinc~.
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. ~ ~l` ~~LI`L.7~1 ~?hereof} t~1P cu{c( mortgac~or ~[15 hereunto sig?ied nnt~ seale~ these presents ~flP
~a~ anc~ y~nr f irst n{~ore tvriti~n. ~
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Sig?r~t~. s~pd ~~d dp~ir~r~d in the pr~sence of :
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; Spencer B, Gilbert, as '
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STA'I'E UF FLURIDA,
cot~~T~• c~~ ST. LUCIE ~
I HEREBY CERTIFY that on this day, before me, an ;
offircr dulp authorixed in the 5tate aforesaid and in the County aforesaid to tak~ acknuwledqments, personally appeared
SPENCER B. GILBERT, as Trustee
to me• knc,wn to tre the prrson described in and who extcuted the foregoir~q instrumer.t and he acknowledqed ~
bcfore mc that he rxecuted the same.
t1'I7'\F.SS my hand and afficial seat in the County and Stat~> last aforesaid this 9th day ~f ~
3rulp D. ~q 6~. ;
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Notary c ~ ~a e~~~of~~~~`I~orii~a~~~~~ ~
~ F'ILE . D R CORQEO at Larg '
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~ -~7~~nc~.t,C'. My ComKni s ~ i an F,.xp i re ~ : - ~ ;
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~ ROGEi~ !'(:r~~",; C~Erc i
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r, •;,~.W ~ OUNTY, ~ . ' ~ s !
`c,,'~Y• t;o~ FLt~RfDA 4'~ - c~: ~
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