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and ahul! pe~orm. rnmp~y wi~k and a6ide by each and every t~e agree?nenb, tttpu~altona, condtftont ond
rnverwnts tkereoj, wid o( this mortgage, tI?e~ ihi.t mortgage and the ealate hene6y cTeated, ahall cease, de-
termine nnd 6e null and void.
7f111~ fke mortgagor he?vby further covenants und ngrees to pny promptly when due tl?~ principal and
interest and other sums o~ money providerl ~or in aaid note und lkit mortgnge, or eittier; fo pay a~~ and
aingu~ar I~e faxes, assessments, ~evies. ~iabi~ities. ob~igafions. ~d e~b~n,~~s oJ every naturo on sait~ pro-
perty; to permit, commif or au~~er no u~asfe. lmpnirment or deterio~+ation ol aaid Iand or the improvemenfs
itiereon u! any time; to ~teep the but~ings now or ke~jter on sa~d Iand f
ully i?wured in a swn of ~o! less
than Tii?ELYB' T80US1[ND l~22, 000. 001 DOLLARS
in n company or compnntes noceptab~e !o the mortgagee, the po~ic~r or po~iciss to 6e I~eW 6y. and payab~e
to, said morfgagee, and in the euQnt any awn o~ money 6ec~omea Pa~xi6I~ 6y virtue of suc% insuranc~e t~e
mortgagee sholl hnue t6e rigkt to raeeive and apply the same to t6e indebtedness hereby aecured, ac~ounting
to the ~nortgopor Jor any surplus: to pay oIl co~b, charges, and exps~aea. tncluding bWyer's /ees and tttle
aeancl~es, reasona6ly incun~ed o~ paid 6y the mortgagee 6ecnuse oj the failure oj the mortgagor to promptlp
and JuIIy comply willz tl~e aA~eemenb, stipujnftons, owidtfions and c~ovenanb o/ sntd note and t1?b ~nort9u~e.
or eif~er; to per~orm, c~omply wlt1~ artd abide by eac1~ ant~ enery fhe ugreemenb. itlpu~nliont, conclitiona und
couenanb set (ortk in satd note ~d eht~ niortgage or either. In tl~e event the mafgagor (nil~ to pny wken ~
d~ anr assessment, insur~unce premium o? oti~er swn o/ money pnyable by virtue of sntd note and this
mortgage, o~ eit~er, t~e mortgngee ~y ~y ehe snme, u~ithout wnivtng or nj~tcttng t~e option to ~oreclose
~ any otker ~ght hereunder, and all such payments sl~nll 6ear interest /rom date thereo( at the higF~est Iau~-
~ul rote then allowed by the Iawt oJ the State o/ Flortda.
~L any swn of rrioney herein je~en~ed to be not prornpt~y puid within j$ days next a~ter
the anme 6eeome~ due, or ij each nnd every the agreements, stipulations, conditions nnd cousnants oj said
nole and this mortgage, or etll~er, are not jully per(ormed, complied with and ab~ded br, t1~M t1~e entire
sum mentioned in saic~ note, nnd tl~is mortgage, or the ertlir+e ba~nnoe unpaid the?+eon, shau ~orthwith or
theren~ter, at lhe opfion oj t1~e mortgagee. 6ecome ant~ 6e tlue antl paya6le, a~ytl~ing in snid note or herein
to the c~ontrary notmitlutanding. Failure by ftie ~nortgngee to exercise any o~ the rights or options herein
provided Shail not c~onatitute a wniuer o~ any rig~its or options unc~er said note or I~is rnortgage accrued or
ltiereaJler accruing.
/ sn ~~111~ t~e snid mortgagor ~as tiereunto signed ant~ sea~ed t~ete presenfs l~e
dny and year Jint above written.
Signed, sealed and deGi•ered in the prese ~
e o~: I
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STATE OF FLORIDA, ~
CoUN'[~t oF ST . L UCIF,
I HEREBY CERTIFY that on this day~ beforo me~ an
o(Gcer duly authorized in the Stat~ atoresaid and in the County aforeuid to take acknowkdgtnents, personally appeared
' J. B. SAERfiAN and LIZEP. SAERI~AN, his r~i fe
to me knowa to be the persons described in and who cxecuted the torcgoing imtrument and C~2 L~ acknowkdged
before me chat t h e y exccuted the same.
WITNESS my lund and ot~cial seal in the County and Swt~ last a(oresaid this 22nd d~y
December A. D. 19 68 ~a•"'""'
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: ~ . . ,
~ FILEO ANO RECOR ~
~ ST. IUCIE COUNTY:- -d'`tl~t`~.-- - - - .
i~CC(!R^ VERIFIF ARY PUBLIC = , , ^'~'~w ;
- - 181a2i Ko~„ P,~, = i ~ : - : ~
~red gy Statc ~ ~ • ~
. BRURt'~tE '69 JI~L 2 4 PM : Q~''~.a.~°~"~.F'~~ c'~r~-~
_ , CORP. . •
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~ ~Y R E RUSE, PRES, ~~e.,~t-~ / ,,t : ~ ~
2233 North 25tk St. I~~"
~ ROGC:c ?OITRAS l` ~ 2' ~3 7 •C.~ ~
Port Pierce, FZoridaCLERK CIRCUIT COURT~
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~ BOOK~78 PACE2S~
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