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an~ sha~~ ~erform, comp~y wifti and a6tde by each and every the agreeme~fa. stlpu~afioni, co?u~ittons artd
coe~enants the~eoJ, and of lhis mo~tgage, then thts mortgage and the estate I~ere6y cYrnfed, ihall ceuse, c~t-
termine and be null and aoid.
~111~ IhR mortgapo~ 1~en?6y /u~t/~e~ covennnla and ag?ees fo pay prompfly when aue f{~t p~tncipnl and
inte?rst a?ed othe~ sums oJ money provided Jor tn said note and Ihta mortgage, o~ etthe~: to pay all and
stngula~ fhe laxes, assessmenfs, ~eutes, ~ia6i~ities, ob~igafions, anc~ encumbmncea o~ every nafure on aate~ pro-
perty: !o permil, commit or su~fer no waste, impairment o? deleriorotion of satc~ ~and or the iaeprovements
thereon at any time; fo keep Ihe 6uildings now or herea~ter on said land (ully insurc+~I in a aum of not less
~~Q~THREE THOUSAND ONE HUNDRED EIGHTY AND no/100
in a company or companies accepfab~e to t~e mortgagee. !he po~icy o~ po~icies to 6e held 6y, nnd payu6le
lo, snid mort~agee, and in the event any sum o~ money 6ecomes ~ya6l~ 6y virtue o( such ir~.twnnce tl~e
mort~agee shall haue the right to receive nnd apply the same to the indebtedness here6y secured, accounting
fo t{~e morfga~or for any surpl~u: to pny al~ costs, charges, and expenses, Inc~ucring ~awyers ~ees and ltt~e
searches, reasona6ly ~n~~~R~t o~ ~~d 6y if~~ mortgagee 6ecnuse o( the /ailure o/ the mo?tgngor to prompfly
ane~ Ju~~y comp~y wit~ ftie agreemenis, sfipu~ations, concritions anc~ covenanfs of saicl note ane~ ftiis mortgnpa.
or eif{~er: fo perJorm, rnmply u~ith and abide 6y each and euery the agreemenfs. stipu~utions, condittons ane~
covennnts set jorfh in said note and t1~is mortgage or either. In the event the mortgngor ~ails fo pay w6en
due any lax, assessmenf, insurance premium o~ other sum of money paya6le by virtue oJ said note nnc~ f~is
morfgage, or PIIhPT, the morfgagee may pay f{~e same. withouf waiving or a~~ecting the opfion to ~orecloae
or any ofher right hereunder, and all such payments shall bear inte?est jrom clnte t~ereo~ at the ltig~est law-
~u~ rate fhen al~otued by the laius of Ihe State o~ Florida.
~l a~y sum o~ money herein re(errecl to be not prompl~y paid wit~in c~nys next a(ter
the same becomes due, or i j each and every ttie agreements. stipulations, conditions and c~ovenants oj suid
note and this mortgafle, or eiil~er, are not /ully performed, complied u~ifh and ab~ded 6y, then tl~e entire
sum menlionecl in said note, and this mor~gage, or the entire balance unpaid thereon, shall forthwitk or
ihereaJter, at the option o) the mortgagee. 6ecome and 6e clue anc~ paqable, anything in sad note or he?ein
fo t/~e contrary notwit{~stancling. Failure 6y Ihe mortgagee fo exer+cise any of the rig~ts or options herein
provided shall nof consfifutp a wainer oj any righfs or opfions uncler snid nofe or t~is mortgnge accrued or
t~erea~ter accruing.
. ~ ~n ~~Ol~ the said mortgagor has hereu~lo signed and sealed tl~eae presenls the
c~ay ancl year Jirst abone u~riften.
Sign sea~ec~ anc~ ~e~inerecr in the pre nce oj: - _
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STATE OF FLORIDA, ~
courrrir oF ST LUCIE
I HEREBY CERTIFY that on this day. betore me, an
officer duly authorized in the Stat~ afor~said and in the ~ u ty aforesaid to tak~ ackaowledqments~ penomUy appeared
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to me tnown to b~ the pe n described i~ and who tzecuted the (orcgoing instrument and ~~~.acknowkdged ;
be[ore me that ,.,~.L executed the same. ~~~~~~~~~~""~~J.,.
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NITNESS my hand and official seal in thc County and State last a(oresaid thu ~ diy of
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January A. D. 19 68. _
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;r NOTARY PUBLIC. SiATE oi FLOPiD1 st LARGE
~ ?IY l'AIAMISSION EXPIRES JUNE'3~. . ~
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