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nnd shall pe?lorm, comp~y witf~ a~d a6ide by each and ei~ery the agreemenls, sltpulaftona, condilions anc~
co~~enonis ti~e?eo), and oJ this mortgage, f1~en this mort~age and the e~tate hereby created, shnlt cease, de-
termine an~ ~e null an~I iwi~.
tke mo?fgaflor hen~6y ju~ther rnvenants and agrees to poy p?omptly when due the p~incipal nnd
inleresf anc~ other sums of money provided Jor in saic~ note and ihla mortgage, o~ eif~er; to pay a~~ and
aingu~nr I~e ta.res, assessmenis, ~evies, ~ia6i~ities, ob~igafions, ant~ encumbrances o~ every nature o~ saicl pro-
perty: fo permil. commif or suf~er no u?asle, impnirment or cjete?ioratlon o~ saic~ ~and or fhe Improt~emenls
fhereon al any time; to kc~ep fl~e 6uildings now or her+eaffer on satd land ju~~y insw~e~ in a sum oj not ~ess
t~an
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and rxiyabl~ _
to, said mortgagee, and i~ the event any sum oj money 6ecomes paya6le 6y .uirtue ot such insumnce tl~e
mortgagpe s6all have the rigF~t to receii~e and apply the same to the inde6tedness hereby secured, acrounting
fo !tie morfgaclor ~or nny surp~us; to pay all costs, c~arges, anc~ expenses, inc~uding lawyers fees antj tit~e
sParc{~es, reasonably incu~l o~ ~xi~d 6y thR morfgagee because o~ ttie {atlure o~ ttie morlgagor to prompl~y
f and jullv comply wi11~ the ag?eements, siipulations, condilions and covenants of said note and this mortgage.
or eithe~: to perform, rnmply u~ttl~ and a6ide 6y each and enery tke ag?eements. stipu~attor~.t, condilions and
~ co~~enants set jor16 in said note aRd Ihis mortgage o~ either. ln t1~e event fhe moAgagor /ails fo pay when
due any tax, assessment, insurance premium or ofhe~ sum of money paya6le 6y ~irlue oj said note and this
?nortgage. or e fher, the morfgagec+ may pay the same. without waiving or ajjecting the opt~o~t to ~orec~ose
or any other right hereunder, and alI sucF~ paymenta shal! bea~ interest jrom dafe tl~er~eoj at the higl~est law- .
~ul m~e then allowed 6y 1{~e lau?s oJ the State o/ Florida.
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I any sum of money tierein re(errec~ io be not prompt~y pnic~ within clays next alter
the same becomes due, or iJ eacF~ and every tl~e ag~eements, stipulations, conditions and couenarits o~ said
I note and this mortgage, or eifher, are not ~ully ~~Jormed, complied witl~ and abtdgd 6y. then fhe enlire
i sum mentionc~d in said note, and this morl9age, or the entire 6alance unpaid ther~eon, al~all jo~hu~itl~ or
thereaJter, at Ihe option oj the mortgagee. 6ec.ome and be due nnd paya6le, anything in satd note or herein
fo the contrary nolwitl~standing. Failure 6y the morfgagee to exericise any oj !he rtghfa or options herein
provided shall not conslitutp a u~aiver oj any rights o~ options under said note or this mortgage ac~c?ued or
~ therea(!er acc?uing.
~n ~~~11Q~ ~~~1~ the said mortgagor has l~ereunlo signed and aealed ll~ese preaents tl~e
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~ c~ay an~ year Jirst a~iove u~ritfen. ,
~ Si , sealecl and delinered in fhe presence oj: ' ~
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' • ~ . George dward Martin
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Artie Mae Martin
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STATE OF FLORIDA,
f coUt~rrv oF ST. LUCIE ~
I HEREBY CERTIFY that oa this day. betore me, an
II of(icer duly authorized in the Stat~ aforesaid and in the County aforesaid to take acknowledgments, penonally appeared
i~ GEORGE EDWARD MARTIN and ARTIE MAE MARTIN, his wife '
to me known to br the penonS described in and who executed the (orcgoinA instrument an~ t$@y actnowledged •
be(ore mc that ~e~x~cuted the same.
NIT\ESS mp hand and ofGcial seal in th~• County and State last afotesaid thu l~,,f~ day of
~ A~St A. D. 19 s~J•
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ti•, N ary blic, State of Florida at Large ~
' ' ~ILEO AND RECOR0~0
~ ; ~,u~ COUNTY Comnlission Expires:
' ~ ~ ~ ' gT. ~E . F~A. !
: p` . fitr~P.t` 1rcRIFIED ~
. ` Notu~? P~~ic. State ol Fbrid~ ~t Lxqe ~
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~y ~Coa~:+rs~ E,~pres Sept. 23.19b9 ~
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' 159230
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CLERK CIRCUIT COURT
B~K 1b7 F~JF23~6
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