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and shall perJorm, comply witl? arid a6~de by ench and e~~ery t~?e agreernents, stipulotiona, conditfona and
ronenants th~reo~, and o/ this mortgage, then this mortgage and tf~e eetate here6y create~d, ahall cease, de-
t~r?nine and 6e null and vuid.
~lllll thH mortgagor hereby f urther cai~enants and agrees t~ pay promptly when due the principnl and
interest and other aums oJ money provi~ec~ ~or in said note and thia mortgage, or either, to pny aU and
siregular t{~e taxes, assessments, lei~ies, lia6ileties, obligations, anc{ encumbrances ot every nature on saicl pro- .
perty; to permif, commit ar su~~er no waste, impuirment or deteriorntion o~ ~aid Iand or the improvementa
thereon nt any time; to kppp th~ 6uildings nuw or F~erpa~ter on caid land (ully insured in a sum of not less
than - ' • $2500.00
in a company or companies accepfa~~e fo !he mortgagee, t{?e po~icy or po~icies to he he~ by, anr~ payab~+
to, saic~ mortgagee, anc{ i~i t{?e event nny sum o~ rnoney 6ecomea paya6le 6y virtue. oj suc{~ insurance t{?e
mortgagee shaIl hai~e the right to receive and apply t{?e same to the indebtedness hereby secured, accounting
to the mortgago? ~or any surp~us; to pay al~ costa, charpea, and expenaes, inc~uding ~awyer~s ~ees and tif~e
searches, reasonab[y incurred or paid 6y the mortgagee 6ecawP o( the ~ailure n~ the. mortgagor to promptlq
and ~u~~y comp~y with the agreements, stipu~ations, conditions and rovenanta o~ said note and tF~is mortgage,
or eit{~er; to perEorm, comply with antl n6ide 6y each ancl every tfie agreements, stipulations, conditions and
i covennnts set (ortF~ in said note and this mortgage or either. ln the event tl~e mvrtgagor ~ai~.t !u pay u~1~en
due any tax, assessment, insurance premium or ot{?er sum of money paya6le 6y virtue o~ said note and this
mortgnge, or eithar, the mortgagee may pay t{~e same, without waiving or a(~ecting tha option !o f orec~ose
or any other right hereunder, nnd all such payment~ shall 6eur interest /rom date thereo~ at the f~ighest law-
~u~ rnte then allowed 6y t1~e Iatvs o( the State of Floric~a.
any sum of money herein re~PlrP~ t0 he not prompt~y paic~ wit~in ~.~llrt~ da_va next af ter
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the same hecomns due, or ij eac~ and e~~ery the agreements, stipulations, conditions and ro~enants o( said
note and tF?is mortgage, or either, are not ~ully per/ormed, complied witf~ and aFiide.d 6y, then t~te entire
surrs rrtentioned in said note, and this mortgage, or the entire balance unpaicl thereon, s{~all fortl~with or
therea~fer, at t~e option o( the morigugee, become anc{ ~e cjue and payable, anqthing in s~~~ note or herein
to the contrury notw~tF~stuRding. Failure 6y tF?e mortgagee to exercise any o~ tF?e rights or optto?tt ?~erein
provided shall nc~t constitute a wai~~er of any riq~ts or o~tions under said n~te ~r this mortgage accrued or
therea(ter acrruing.
~n ~~~Ile~s ~Il~~t the said mortgagor hns hereunto signed and sea~ec{ tF~ese presents the ~
c~ay anc{ ,year ~irst ahove inritten.
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~ Signecl, saalyd and dPl~t in the presence of :
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STATE OF FLORIDA, ~
cot;~:T~~ oF gT. LUCIE
I HEREBY C~RTIFY that on this day, before me, an
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officer dulti• au*.horized in the State aforesaid and in the County aforesaid to tak~ acknowledgments, personally appeared
AUSTIN J. LLOYD~ J~t. and FAYE H. LI~OYD, his wife
~ ta me kn~wn t~ be .he pc~rson S described in and whe executed the forcgoing instrurnent and t~l@q acknowledged
~ hefore me that th~y executed the same.
~VITVESS mq hand and oi(icial seal in thc Gounty~ and Statc last aforesaid this 1Qth day of
( Ju1.y n. ~s 65 ~
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v. . - ~tL~ AND R~CARpED - t.~, ± „a '
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_ / .J..~ .:acl L') ,.,.~ctl",9~~ .,ur.-,/ , 01 N•'{~
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~ ~ ~ , '65 Ji~' ! 3 PM 2 . I
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v~ P,'...~ . ' r e)•`
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. ~ CLERK
~i~ r;.il i "ri;~SU~.~.Y.
~~X*~5~'. L_U~IE CQ
FLORIOA
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