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nnd sl~all p~rJo~m, comply u~i1h and a6ide 6y each and e~~ery the a9reemenls, atipulntion's, conditions nnd
corereanls th~rewJ. nnd o~ this morfga~e, tl~Pn lhis mwt~age and tl~e estate here6y c?rated, shall cease, ds-
fprmine an~ ~~e nu~~ an~ voi~~. !
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~n~ IhP mortganor hen•tiy (urt~er covenanls anc~ agrees to pay promptly when due t1~e principnl and ~
inte?esl an~ ol~~pr sums o~ money provi~Iecl Jor in saicj note anc~ f~iia mo?tgage, or eif~er; to puy ajl and
sin~u~ar t1~e tn.res, assessments. ~~~vies, ~iabi~ities, o6~igalions, and enciimbronces o~ euery nnlure on saia pro-
perly; 1a permil, cummit or suJler no u~asle, impairme~f or ~eteriomfion o~ saic~ ~ana~ or t~e improvemenfs
Ihern~•n at any timp; fo Irv~p tf~e buildin~s nou? or I~e~Pajt~r on said land (ully insurecl ire a sum o/ not les:
Ihan
in a comp~ny or ~ompani~s acc~~~fa~i~e lo f{~e mortQage+e, !tie po~icy o~ po~icies fo be I~eld 6y, and paya6le
fo, sai~ /IiO~!{QQPP, anc~ in I~P Pl~PAi any su~n o~ money bpcomes ~ya6l~ 6y virtue o~ such insurance t~e
mo~lgaQPe SIIOII {IAI~P the riflht to fPCPII~P and upply ~he same lo tl~e inde6tedness here6y secured, acc~ounting
fo f{~e morfgagor ~or any surp~us: to pay a~~ cosfs, ctiarges, a~d expenses, inc~uding ~au?yer~s ~ees and tit~e
searc~~s, rensonnti~y incurrn~ or pait~ hy thp morfgagee because o~ I~e ~ai~ure o~ ttie mortgagor to prompf~y
anc~ ju~~y comp~y u~ilh Ihp agreem~nts, stipulations, con~itions nncl conenants oj said note nncj t~is mortgage.
or eif{ier; to perJorm, comply u~ifl~ and a6ic~e 6y eac{~ an:I every the agreemenfs. slipulalions, conc~ilions and
corennnfs sef (ort~ irt suid nofe unc~ l~is mo?tgage or eit~er. ~n the euent ll~e morfgagor jaijs to pny w~en
due any fa.r, assessment, imurance premium or otl~er sum o~ money paqable by airtue oj said nole and t/~is
mor(gage, or ei(f~er, t~e mort~ngee may pay fhe same, without weiving or al~ecfing fhe option to Jorec~ose
or any olher ~igJit herpunc~er, ancl alI suc{e payments sl~all 6ear inlerest ~rom date thereoJ at tl~e higF~est ~aw-
(teI rate tlipn n1~ou~ed 6y the ~aivs of the State o) Florida.
~L any s~rm o~ mon~y ~erpin re~PrTP~ ~O 6e not promptly paid wifhin thirty dnys next u~let
the same bec-omps dup, or if each AA~ P[~Ply ~rtP QgrpP7tlPAJS, stipulations. conclitions and covenanis o~ said
note ar~d t{~is morf~a~p, or eiif~pr, are no1 fully per~ormecl, comp~iec~ witl~ anc~ a6idecl 6y, I~en fhe entire
sum menlioned in said note, and IF~is mortgage, or t~e entire 6a~ance unpaid t{~ereon, sltall Jorthwitk or
t~erpa~ter, at th~ opfion oJ f~e morlgagee, 6ecome and 6e due and ~ya6le, anything in sai~ note or ~erein
fo t~e confrary nolu~ill~sfancling. Failure ~y tf~e mortgagee to exercise any of t~e rig{~fs or options ~e?ein
proniclecl sha~~ not constifule a u+ait~~r oJ any rig{~is or opfions unc~er saicl note or f~iis moHgage accrued or
I~erea~fer accruing_ -
,
n~itness ~hereof~ Ihe saic~ morfgagor ~~as hereunlo signec~ ancl spalecl fhese presenls il~e
~ay anc~ ycar Jirsf ahoi~e inrifle~.
Signe eule nncl c~e ~erecl in f~e pr~sencP o~:
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STA'TE OF FLORIDA, ~
c°U:~TY ~F St. Lucie
I HEREBY CER7'IFY that on this day~ betorc me. an
officer duly authorized in the State a[oresaid and in the County aforesaid to taE~ acknowkdamenb, personatly appeared
Garland P. Hnrd and Nettie F. Hurd, his wife ~
to me known to be the ~rsonS druribed in and who executed the (or~goi~q instrument and tYl@y acknowkdged
befor~- me that they~xecuted the same.
N'i7'NESS my hand and o(ficial seai in thc County and State last afor~said this ~ day of
October A. D. 19 69
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AN~ V4j~R ~
T~~"`pV1E ~t~.f 0
~r+".`'~~ J.= C'`" - n~Q Notary Pub~ic. State oi Florida at larqe
` S
1 6VV~ ~Ily Cornmissroa EYpires Nor. 13, 1910
yt, .~a.e a w.»~;~.. F.. a a~„ c..
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T7iu Insin~„~cn~ prrpn,rd 6y: ~ R
This InstrumeFt Was Prepared By: 6~~X~$1 ~~E
~;[f~~/~ C. R. McDONALD, JR., AHornh/
Ciliz~es Faderal Buildinq
Ft, pi~rce, Floride 33450