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( and sl~all per~orm, comply u~ith and abide 6y pa~h a~id e~~ery the agreements, stipulatioru, conditions and
coi~enants Ihereof, and o( Ihis mortflage, then ihis mort~age ond tha esfate he?e6y created, sl~all cease. de-
fermine an~ tip nu~~ an~ i~oi~.
I ~nd 1~~~ morfgagor ~~en~tiy (urlher covenanls anc~ agrees io pay promptjy wl~en due thp principal and
~ inlernst a?~d ofhe~r sums oJ money pro~~ided jor in said note and this mortgage, or either: to puy all and
~ sinflular fl~~ taxes, cusessments, IPI~IPS, lia6ilifies, o6ligalions, and encumbronces o~ every nature on satcl pro-
perly; lo permil, commif or sujjer no wasfe, impairment o~ deferioration o~ sai~ ~anc~ or Ihe improvemenfs
I thPrron A~ A?IV ~1111P: ~O ~PPP ~~1P h111~~111{~S IlOtl~ O~ I1PfYMj~P~ OIl ~(11~ ~QII~ ~l/~~y IIISI/~~ IR Q SG/~I Ol /l0~ ~PSS
~ rhan maximwa insurable value
~ in a company or compani~s acceptable to Ihe morlgagee, the policy o~ policies fo be held 6y, and paya6le
j fo, saic~ morfga~ee, ancr in tl~e enenl any sum of money becomes ~,ya6l~ 6y virtue o( such insurance Itie
~ IItO~~9Q~PF shall lianp !he ri~ht to rc•ceive and apply tl~e same to 11?e indebledness here6y secur~ecl, accounting
to the morlc~~~tor Jor any surplus: b pay aU ~osts, charpes, and expenses, including lawyer s jc~es and ~ tille
searc{~es, reason~h~y IIICI/RPQ or paicr by Ihe mortgagee because oJ I~e ~ai~ure o( the mortgagor to prompt~y
anc~ ~u~~y comply u~il~~ ff~p aflreemenfs, sfipu~alions, conc~ifions ancj covenants oJ saic~ note ane~ t{~is mortgage.
or eifher; to perform. comply u~ith and nbicle 6y c~ach and every tke agreemenfs, slipu~afions, condilions and
;i conennnts set Jorfh in said nofe and lhis mo?tgage or eithe~. In the event the mortgagor ~ails to pay wl~en
ji due any fa.r, assessment, insuranc~ premium or ot~er sum o~ money paya6le 6y uertue o~ said nofe anc~ this
~i morfgage, or either, l~~e morlgagee may pay Ihe same, without waiving or a~jecling ttie opfion !o jorec~ose
~y or any oflier ri~l~t hereunder, and nll such paymenfs shnll 6ear inlerest (rom date thereo) at ihe highes! Iaw-
~U~ MtP ~~1P/l Q~~OIPM~ f~V ~~1P ~(Itl~S OJ ~hP S~Q~P O~ F~Ort~Q.
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~L any sum oJ money ~erei?i re(erre~ to I~e not pr+ompfly paid within 3~ c~nys rtext a~ter
' fl~e samP becom~s due, or i~ each ancl every t{~e agreements, stipu~ations, concrilions nn~ covenants o~ snitl
~j note and fhis mori~a~p, or Piiher, are not jully performed, complied u~ith and a6idecl 6y, then tl~e entire
~i sum menlionecl in said note, and tl~is mortgage, or the entire balance unpuid thereon, shall ~ort~with or
ttiereaJter, at th~ option of tl~p mortgagee. 6ecome and 6e due and paya6le, anything in said note or herein
~ to Ihe confrnry notu~if{~sfnn~Iint~. Failure 6y the mortgagee to exercise any o` !~e righls or options ~erein
provi~Ic~I s{~a~~ nof constifufe a tnairPr of any rig{~Is or options unc~er saicr nofe or t~is mortgnge nccrued or
f~ere~Jter accruin,ry.
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~n ~itness ~hereof~ i'~e sai~ morfgagor {~as hpreunto signecl and sealecl these presenls fhe
i~ ~ay anc~ y~ar ~irsl a~o~~~ ~oriffen.
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$ignec~. sea~e~l nncr ~~~ii•ernc~ in f~~~ pr~sence o~: / (
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Y-t.~t~o--~!-•-~•-'~`~-~ -
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i` omas C. Rector
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.._.....u~ndY~-----_..
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i Evelyn I. Rector
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: STATE OF FLnRIDA. ~ ~
E cc~L~tiT~- ~~T. LUCIE
j I HEREBY CERTIFY that on this day~ be(ore me. an Y
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~ offi~er duly authoriz~d in the Stat~ aforesaid and in th~ County a(oresaid to tak~ acknowled.qments, personally appeared
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~ THOMAS C. RECTOR and EVELYN I. RECTOR, his wife
~ to m~• known to 1x the p~~rsons d~scritxd in and who ezecuted th~ forcqoinq instrument and they arknowledRed ~
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~ brforr mc that they ~x~cutcd the sam~. ~
~ ~~'IT\ESS m~• hand and official seal in th~• County and Stat~• last a(or~said this ~3 ~ day o( ~ ;
~ May n. ~g68. t
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~ FILED AND RECORDEO' Notary Public ~
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` ST. LUCIE COUNT , F~q, My Coimni ssion Expires ~ ~
~ i ' R. ~~(~t.:~ `'r~' ; ~y , ~
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n - ~ 68 MAY I S AN 10 : 3 9 ~
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~ CL~RK CIRCUIT COURt
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s~ o a 1?1 ~2573 ~
60QK ~
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