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t and ahall per~orm, rnmply wti~ n?~ a~ide ~q eac~ and every !he agreemants, stipulations, cond~tions and ;
j corenanta thersoJ, and o( thia r+nartgags, the~ this mortflnge and the e~tate hereby created, ahall cease, de-
~ tennine and 6e null and void. '
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~ ~ILII the mortgagor herer~y ~urt~er oooenanta a~ed ogrses to pay promptiy u,hen due the principa~ anc~ ;
intereat and other sums of money providec~ ~or in araid nate anrl this mortgage, or eifhe~; io _pay a~~ u?~
etngular the taxea, asaeaaments, levie~, Iiabtlities, o6ligatioru, and encumbrnnces o/ every nature on ~aid pro-
pertq; to permit, commit or su~~er no watte, impafrment or c~eteriorotion af said ~and or fhe improvementa
thereon at any tir?nR: to keep the ~uilding~ now or he~af ter on said land jully insured in a sum of not Iess
than its insurable v~lue _ _
: in a company a~ companiea acceptable to !he mortgagee, the poltcy or poltcie~ to be h~ld by, and paya6~+
to, aai~ morlga,qee. ancl in t{~e event any ~um o~ money ~ecomes payabC~ 6y ui~tue o( suc~ insurance t~e
morlgagee shajl haue the rigi~t to receiae and apply the same to the inc{e6tednesa hereby ~ecured, ac~ounting
to the mortgagor (ar any surplus; to pay aLI costs, charges, and expenaes. inc~[u~ing lawyer~s (ees anc~ tit~e ,
sear+c~es, reasonab~y incuned o~ pa~d 6y th~ mortgagee ~ec.ause o` the /atlure o~ the martgagor to prompt~y
ant~ f u~~y comply with t~te agreements, stipujationa, eonc~ifions and eooenants of saic{ note anc~ t{~is mortgage,
_ I or either; to perf'orm, comply with and a6ide by each and every the ngresmenta, ~tipulatioru, condition~ and
covenants set ~orth in yaid note and tleis mortgage or eitF~er. ~n the event the mortgagor ~aijs to pay w{~en
due any tax, a~sse~sment, insurance premium or ot~er sum oJ money payable 6y virtue af said note and ehis
mortgage, or either, the ?norigagee may pay the aame, withaut waining or af
fectirtg the option to ~orec~ose
~ or any othc+r ri~{et {~ereunder, and aII such payments shall bear in~ereat ~rom date thereo~ at tha higF?est Iau~-
~u1 rate then allowed 6y the Cawa oj the State aJ Florida.
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~ any sum of money {~erein re(errec{ to he not prompt~y paid within NONE daqa next a~ter
the same becomes c~ue, or if each and euery the agreementa, stipu~ation9, conditions and co~enants o( said
note and thia mortgage, or either, we not (ul~y performecl, complied with and abided 6y, then t{?e entire
sum mentioned in aaid note, and this ma~tgage, or the enti~re baGnnce unpaid thereon, shall fortF?with or
~ therea(ter, at the option of the mortgagee, 6ecome and Ge. dus and paya6le, areything in ~aid note o~ herein
to t{~e contrary notmit~.standing. Failure by the mortgagee to exerciae anq of the rights or options here~n
provic{ed shall not constitute a waiver of any rigjits or options unc~er sait~ note or th'rs mortgage accrued or
l~ereaflPP nccruing.
~ ~n ~iLil~ ~~l !he said mortgagor has hereunto si,qned and sealed ihese present~ the !
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day and year ~irst abnae written.
~ Signed, sealsd anc~ delii~ered in the presence o!: o
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~ / ichael . Hewlett ~
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I STATE OF FLORIDA, ~
coutv~-x c~F St. Lucie ~
I HEREBY CERTIFY that on thia day, before mc, an
officer duly authorized in the State aforesaid and in the Cuunty aforesaid to take acknowledgmerte, pcraonally appeared
,I MICHAEL G. H~11LETT, a single adu~t
~I to me known to be the p~rson described in and who executed the foregoing instrument and he arknowltdged ~
I~ beforc me that he exccuted the same.
I~ WITPIESS my han.d and of(icial seal in the County and Statc last aforesaid this day vf I
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i~ Septemb~r A. D. 19 6S.
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~~L ¢t D~ RECORDEO `
0 C~ K Not~ry public, Stat~c oi Etar''~i~!!~'~at r+t 7 c~~ - ~
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'•y ~ FLORIDA i
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Bao~ 127. .79 f
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