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( and shall perJorm, romply wiih and a6ide by eac{~ and e~~ery the agreements, atipulations, co~.dttions and
~ conenants thereo~, and o~ t~is mortgngP, tlten this martgage ar?d the estate hereby created, sl~a~! c~ease. de- ~
termine anc~ be null and t~oid.
~111l1 the mortgagar hen~6y )urll?er rovenanta anc~ agreet to pay promptly wheri d~ the ~n~~nal o~d
I interest and at{~er sums o~ money provi~e~ lor in said note and t~is mortga,qe, or eit{~er; fo Rny all and I
~ingular the Iaxes, assessments, lpvies, lia6ilities, obli~ations, and encumbronces of every nature on said pro-
perty; to permit, commit or su~~er no u~wle, impairment or c~eterioration o~ saic~ ~and or fhe improvementa
therron at a~y time; to ~PP~ thP bui~dings now or herraf tPr on caid land f ully insured in a sum o~ not less
than maximum insurable value
in a company or co es ce e o the, nmor! n ee, the lic ar licies ta 6e held by, and payable -
~'~c8~~ foss ~pa~e~ suUo~'~' ~~~r~l~~~~l~
o, sai~ agee?an in t e even any s~un o m ney ~aco?ries o
Insuranc ~mo~tgageA~~a~I1^hnue the right to receive and npply tke snme ta tl?e indebtedness he~by ~~~d, aecot.~nnting
i to the morlgagor ~or any surpliu: !o pay nl~ ~osts, charges, and espenses, including lau~yer~a fees anc~ tit~e .
searches, reasonably incurred or paid by the mortgaflee 6e~atese o( the f
ai~ure o( the mortgagor to promptl~+
I anc~ ~«l1y comply u~ith the agreements, stipu~ations, condidions and ~ove:?ants o( said note a~c~ this mortgage, I
I or either; ta perform, t~omply with and abide 6y each and every the agreements, stipulation~, conditions and ~
I covenants se! f
ort{~ in saic~ note and this rnortgage or either. /n the event the mortgagor f ails to pay when
clue any fax, assessment, insurance premium or ot1?er sum o/ money payable 6y virtue o) said note ancl tf~ia
mortgage, or either, t{~e mortgagee may pay tf~e same, euithout wai~~ing or a~Eecting t{~e option to forec~ose
I or any other ri~h! hereunder, anc~ aIl such payme?ets s{?all bear interest /rom date ihereo~ at the highest law-
I f ul rate lhen allowed by t{~e Iau~s oj the Slate o~ F~oric~a.
I` !L ariy sum o( moriey {ierein re~errec~ !o be not prompt~y pnic~ within c~ays next a~tar
f ~ t~ie same hecomes ~11P, or i( each Q/t~ P[~PYy ~RP agreemenls, stipu~ations, conditions anc~ covenants of said
1I note and lhrs mortgage, or pither, nre not fu1ly performed, com~lied with and ab~ded 6y, t~en the entire .
i sum mentianed in said note, and this mortgage, ar t{~e entire 6alance unpaicl thereon, sftall fo~thwit~ or
t~erva~ter, at the option o~ the mortgagee, becorrte anc{ ~e clue anc~ paqa6~e, anytF.ing in saic~ note or herein
I~ to tf~e. cor~trnry notu~itfistan~ing. f'ai~ure 6y the morlgagee to exercise anq of the tights or optio?w ~erein
pro~~idPC~ s{?n~~ no1 cor?stitute a waivnr o~ nny rig{~ts or options under said nofe or t{~is mortgage accrued or
~ t~ierenf ter accruing.
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~n ~~Ul~s ~~~t~ IEie saic~ mortgagor has hereunto signec~ ancl sealed these presents t{?e
r~ay a~it~ year ~irst uhove u~ritten. ~
I Signet~, sealed and d~ ' ed in tf~e presence of : I
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( STATE OF FLL)RIDA, ~ ~
COUNTY OF $T. LUCIE I HEREBY CERTIFY that on thia day, before me, an I
~f offi:er du{y authorized in the 5tate aforesaid and in the County aforrsaid to take acknowledgments, pcnonally appeared i
GEORGE L. HAMMOND and LYNN M. HAMMOND, his wife I
to me known to }x the person described in and wha executed the (orrgoinq instrument and they acknow{td}~ed ~
ii before mc that they ezccuted the sarne. ~
I WITNF53 my hand and offirial seal in thc County and Statc last a(orexaid this day of
i~ ~CtObEr A. D. 19 6J. / I
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, " ~1 • . f ..N~tary P lic i
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: , _ • . _ MY CU'~!`,i1SSION i'R'r': ~ . . . , . i
~ ~ J Q 1E~C~-O-~DED ~o:.._~ :,:k.,:~:, F; . . - ;RST ~
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_ ~:J ' : ROGE~, f=~j . ;;aS. CLERK ~
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' ST. LUCiE COUMT'f, i
~ . F~ORIDA ~
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~ ~ . , BOOK 129 ~.39 '