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and ahall per(orm, romply with and abide Gy each and ei~ery t1~e ngreements. ~tipulations, c~ondltions and' ~
oo~~enants thereo~, and of t6is mortgage, t~een ihu ntortgage and t~e e~tnte Itereby creotPd, aharl cease, de- '
~ ~AI'RIIII@ d?!U OC nu[I ar~d uoid.
~ tkR mort a or hen•b $ ~
9 g y~urthe~ covenanla anc~I agrees to pay promptly when c~ue !he pHncipnl an~ <
interErst anc~ ot~er sums o~ money prouic~ed ~o~ in ~aid note nncl this mortgage, o~ eft~er; to pay alj ane~ ~ J
~ ~ingular the [axea, aasgssments, ~evies, Iia6ilities, oh[igafions, ancY encumbrancea of every nature on safcr pro- ~
~ pe~ty; to perntit, cammit or au~fer no ruasle, i~rtpairment or c~eteriorution of sai~ ~and or the impro~ernenta
f; thereon at any teme; to keep the buil~lings now or herrnfter on caid land fully insured in a sum oj not ~ess ~
th~ the amount remaining irom time to time unpaid ;
in a company or cvmpanies acceptab[e to the ma~tgagee, the puliry or po(icies to be held 6y, ond payable
to, ~aic~ mnHgagee, nnd in the event any sum oj money becomes ~yabl~ 6y virtue oj such in~uranre the ~
` mort9agee shnll haue the ri9ht to receiue and apply the ~ame to thv indebtedness here6y securec[, accounting
!o the ?nortgago~ ~or any aurp~w; to pay n(~ caats, cf~nrges, arul expen~es, inc~uding lawyer's fees anc~ tit~e
searchea, reasona~~y incurrec~ or paid 6y the mortgngee becauae of t~is (ailure o~ f{~e mortgagor to promptly
~ and ~ully comply witl? the agreements, stipulutions, conditions and covenants o~ saic~ note and this +nortgage,
` or either; to e orm, cam ! with und abide b each antI eve tlte
P~ P Y y ry agreements, slipu~ations, corec~itiona ana~
covennnts set lorth in saic~ note and t~is mortgage or eit~er. Jn t~ea e~ent the mortgagor lai~s to pay when
due anq tax, assessnee~nt, insurance prernium or other su»t o~ money pnyn6le 6y virtue of snid note ancl this
mortgage, o~ eit~er, the mortgagee may pay t~e same, without waiuing or a~`ecting the option to ~orec~ose
' or any other rigl~t {tereunder, and a~l sucf~ payments shall 6ear intprest Jro~n date tf~ereo~ nt t~e highest law-
jul rate then allaured E~y the ~aws o/ the State o/ F~orida.
il any sum o~ money {~erein rererret~ to be not prompt~y paid wiihin 30 days nezt aEter I
~ the same becomes due, or each and every the agreeme.nts, stipulations, conditions and couenanis of saicl ~
i note and this mortgage, or eit{?er, are not f u~[y per~orntecl, comp~ied with and abided by, titen the entire
~ sum ?nentioned in said nate, and this mortgage, ar t~e entire balance unpaid thereon, sF~all (ort{~~urtf? or '
thereofter, at t~e option oE t~e mortgagee, become and 6e due and paqab~e, anqt~?ing in saic~ note or herein
to the contrdry riotwithstanding. t'aiture by tf~e mortgagee to exercise any of the rights or options herein
~ provic~er~ s~all not CD/lS~ltll~P a waiupr oI any rights ar options under saic~ note or this mortgage accrued or
~ therea(ter acr.rui?zg. ~
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' j ~n ~itness ~hereof~ thP said mortgagor ~ns herpunto sic~ned and se~aled these preaents the !
c~uy anc~ yenr f irst above usritfen.
Signed. sea~ed and delii~ered in the pr~se~~~e of : ' ~
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ersha C . Stagg~~~
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Mildred Sta g - ,
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ii STATE OF FLORIDA,
j~ GOUNTY OF St . Luci e ~
I~ I HE1tEBY CERTIFY that on this day, befose me, an
officer du[y aatharized in the State aforesaid and in the Caunty afaresaid to take acknowledRmcnts, penonally appeared
j~ HERSHAZ C. STAGGS and ffiILDRED STAGGS, hie wife,
! to me known to be the person 8 described in and who exeruted the forPgoinq instrument and Wh0 acknowledRed
j! before me that .th~~xccuted the same. ~
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WITNESS my hand and afficial scal in thc County and Statc last aforesaid this day of
w ~,~,::,~,QtO~~~ A. D. 19 ~
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texa°~ Dec.a4,t19656
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