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a~~d shall r~~.~orm, comply with and a6ide by eacf~ and ei~ery tRe agreementa, stipulatioru, conditioru and ~
conenants Ihereo~, and o( this mort~afle, then 11~is mortgage and the estate hereby created, ~hall cewe, de- 3
termine and be nu[l and i~oid. ~
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ftie morfgagor hen+by ~urthe~ covenanls and agrees to pay prompfly when clue !he principal and ~
inleres! and olher sums oj money provided Jor in snid note and tl~is morfgage, or either; to pay all und ~
sinpular !he laxec, assessmpnts, le~ies, lia6ilities, o6ligations, and encumbrance3 0( every nalure on said pro-
perly: to permil, commit or suJ~e~ no wasfe, impairmenl or deteriorafion oJ said ~and or fhe tmprovementa :
thpreon at any time: to ~pep the 6uildings ROW Or hPI'Ptljter o~ ~aid land Jully insurecl in a sum o~ not less ~
than
in a company or companies accepta6le to Ihe morlgagee, the policy o~ policies to 6e held 6y, uncr paya6le ;
~o, said mor~gac~ee. and en tl~e event any sum oJ money 6ecomes ~,ya6l~ 6y virtue oJ such insurance the ~
mortgagpp shull hane the ri~l~t to receive and apply tl~e aame to tl~e inde6tedness here6y secured, accounling ;
fo t~ie mortga~or ~or nny surplus; to pay a~~ cosfs. ctiarges, and expenses, inc~uding ~awyer~s f
ees and fitle
seart{~ps. rensonaF~Iy i~eurred or paid 6y the mortgagee Gecause of ttie (ai~u?e o~ lhe morfgagor to prompt~y
and Ju~~y comply wit~ Ihe aarpemenls, stipu~nlions, conc~itions and covenanfs o/ said note and t1~is morlgage.
or either; lo perform, romply u~ifl~ and a6ide 6y each nn~I every the agreements, stipu~ufions, condilions and
co~~enants set jorth in said ~ote and tl~is morlgage or eitF~er. In the event !he mortgagor foils to pny when
crue any tax, assessmpnl, instaance premium or ot/~er sum of money paya6~e 6y virfue o~ suid note and this
morfgage, or eit{~er, f{~~ morfgagee may pay fhe same, wifhouf waiving or ajlecfing the oplion to (orec~ose
or any of{~er rigl~f {~Pr~uncler, and all such payments shall bear interesl Jrom date t6ereo~ at the htgtiest Iaw- ~
(u~ miP I~u~n a~~otue~ ~y t{~p ~a~as oJ t~te $fale o~ F~oriaa. ~
~
iL any sum o~ monpy {~erei?t re~PKP~ IO 6P not promptjy pnid wilhin days nexl a~ter 3
~lIP snme ~f'('OItIPS ~IIp, OI eQC~I Alt~ PI~P?y ~~P Qg~E~@I1tPI1~S. slipulations. conditions ancl COVQRaR~S O~ Sal~ ~
note and 11~is morlgac~e. or either, are not Jully perf
ormed, complied with and a6ided by, t/~en t6e entire i
sum mentione~l in said note, and t6is mortgage, or the entire 6alance unpaid thereon, ahall forthwitl? or !
f~ereaJfpr, at fhc• opfion oJ ftie mortgagee, become nn~ 6e due nnd paqab~e, anyt~ing in said note or herein
to I~~e t-onlrary notu~il~isfandinf~. Failure 6y the mortgagpe !o exercise any of Ihe rights or options tierein i
proi~i~FY~ s{~a~~ nof conslilul~ a u~airpr o~ nny ri~~ifs or options uncler sai~ nole or f~is mo~tgage accruet~ or
Iti~rra~l~r ac~•ruinc~.
, ~n ~~Ul~s ~hereof~ tle~ said morlgagor has hereunto signed and sPaled tl?ese presenls tl~e
~(IV Q~1(~ y~ar ~irsf a~~oi~e u~riftpn. ~ ~
S19flP~. SPaIP~ ~II~ (IP~II~PfP~ !R ~hP PlPSPIiCp Oj: ~ ,
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; FILED AND ECORDEO~ ~
I - - -..Sj--:.~.~1G1E_GOI~M~~:-Fta:=..--~--- ~
! ~•FCORt? VERIFIEp
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E '69 NOV Z 8 PM
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~ riOi;EF i'OITRHS
~ STATE OF FLORIDA, ~ CLERK CtRCUtT COURT:
~ COL'NTY nF St . Luc ie
I HEREBY CER7IFY that on this day, before me, an
~ ~ officcr duly authorir~d in the Statr aforesaid and in the County atoresaid to tak~ acknowledgm~nts~ prrsonally appeued
~ Dennis G. Schrade and Dorothy C. Schrade, his wife
~ to me known to be the perso~ d~scribeci in and who executed the for~goinq irtstrument and they acknowledgrd
~ beforc me that they cxecuted the same.
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~ ~tiIT`ESS my hand and afficial seal in the County and Statc last aforesaid this 26th day of
~ November D. ~ 9 69
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MY COn~eti+i ATE nF p_p~~DA AT Up~• !
° , . , bNDED iHROION FR~t4~¢ Nf1V ~Q. 197 {
" • . ~JGM FAEO N. DICSiElM4Ry~ i
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