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and shall pe~jorn~, cumplY u~ill~ nnd abide by each and ei~ery tf~e agreements, stipulationi, conditions and ~
corenanls thprewJ, nnd oJ Ihis mort9as~e, then Ihis mwtgape and Ihe estate here6y crealed, shall cease, de-
lermine nnd be null and void.
Iin~ 1~~~ morl~ac~or ~~ereby (urfher covenanfs ant~ agrees 1o pay promptly when due fhe principal and
internsl an~t ofhP~ sums of money provirletl ~or in said note anc~ Ihis mortgage, o~ either; to pay a~~ and
sirgul~r ihe IACPS. ASSPSSR1P/IIS, Ievies, Iia6ililies, o6li~afions, and encum6ronces o~ every nalure on saicl pro-
perly: fo {x~rmil, commif or su~jer no ivnste, impairme?~f or t~ete?ioration oj sni~ ~anc~ or Ihe improvemenls
Iherecn al any lime: to kPP~ rhp buildin~s nau~ or herpaf t~r on c~id Iancl ~ul~y insured in a sum o( nof ~ess
~han its insurable value
in a~•omp~ny or companies acceptable fo Ihe mortgaflee. 1he policy or policies fo 6e held by, and paya6le
to, saic~ mortunqp~, and in (~1p Pt~PIII any sum of money 6ecomes ~ya6le 6y virtue oj such insurance the
mortc~agee Shall ha~~P the rinht to rc~ceivp and apply Ihe same to ttie inde6tedness here6y secured, accounting
fo I~e mortc~a~~or ~or any s~up~us; to pay n~~ cosfs, charpes, anc~ expenses, including ~awyer~s jPPS antl lit~e
sea:rti~s, rc~asona6ly i+~curr~ or E>ait~ tiy Ihe morlganee tiecause of f~e fai~ure o~ fhe mortgugor fo prompl~y
ant~ j~~lly ~amnly u~~~h ~hP aflreemer~ls, sfipu~afions, c•onc~ilions and covenanis o~ saic~ nole an~ I~is morfgage.
or eilher: to per~orm, comply with and a6ide 6y each an~ ei~ery the ogreements, stipu~ations, cortditions aner
conenants set ~orlh in saicj nole ane~ t~is mo~fgage or eil~er. ~n the ruent t~e mortgagor (n~u to ~y when
due any fax. ~ssessm~nf, insurance premium or oll~er sum o~ mo?~ey ~ya6l~ 6y vi?!ue of saic~ note and f~is
mortgage, or c~ilher, i~~e morlgagee may pay t~e same, iuiftiouf wniving or o~Jectirtg !he option to ~orec~ose
or any ot{ie~ ric~h! hereunder, ancl al~ suc{~ paymenls shall 6ear interPSt from date IhereoJ a! fl~e F~ighest law-
~ul rale Ihen alloiued 6y the lau,s of thP Slate of Florida.
1l any sum o( mon~y herein re(errec~ to ~e not prompl~y paid wiftiin 30 days next n~ter
t{~e snme 6ec-om~s duP, or ij each and PI~P~y I~P a~reements, stipulations. conditions and covenanls of said
note and this morl~agP, or eilher, are not (ully perJormec~, complied wit1~ and a6icrec~ 6y. 11~en the enlire
sum mentionec~ in sai~l note, antl this mortgage, or the entire 6a~ance unpai~ tl~ereon, s1~al~ )orthwith or
thereajter, at fhe op~ion oj Ihe mortRaqee. 6ecome and 6p due and paya6le, anytF~ing in snid note or herein
fo i~~e contrary nohuit{~slancring. Failurp hy fhe morfgagep to exercise any of the rig~ts or oplions herein
pro~~i~ecl sf~a~~ not constitule a u~airer o( any riqhis or opfions uncjer saic~ nol~ or l~is morlgage aecruec~ or
f~ierealf~r accniin~.
~n ~itness ~hereof~ the said morlgagor h~s hereunto signed and sealed these presents the
c~ay an~ year Jirst aho~~e u~rillen.
Signec~. sealed and deli~~ered in Ihe prns~nce of : ^
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S ar
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~.~,et-.. I~
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; Andrea . Shearer ~
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~ STATE OF FLORIDA~ ~
~ COUITY nF ST, LUCIE
I HEREBY CERTIFY that on this day~ be[orc me~ an
officer duly authoriz~d in the Stat~ aforesaid and in the County a(oresaid to tak~ acknowledgments, perso~ally appeared ~
TROY L. SHEARER and ANDREA J. SI~ARER, his wife ~
~ to me tnown to be the pcrson d~uribed in and who exccuted the (ortgoinq instrument and they acknowkdged
~ betore me t~at they cxccuted the same.
a
~ WI7~NBSS my hand anci of(icial seal in thc County and Statc last a(oresaid this r~~ day of
y December A_ D. 1969.
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~ FILED AND RECORDED
ST, LUC1~ COUNTY. FLA. Notary Pu ic
F (~(~(~n 1~F~I~i~~i
~ Nntarv P~hlic. Stat~ f/F oridd 8( . f
1~88?'~l ~,1y Commission Ex r ~ ~ ~
~ pi es Dec. I . ~ , . •
_ ~cn D~~ ' i PM ~ ~O ~~ded by i~ansamenca Insura }
fl~ . . ' ~ ,ti ~ ;
4 a~ ~ify ~ _ . i~/
~`0'~+-r, I~VI~RMg'~..~.~ L~~ ~n ~
CLERK Ci~CillT COURT •
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This Instrument Was Prepared By
ANGL?S SU~f1~ER
Tlru IiWnimcn/ prcprtred by: P. O. Box 3230
Ac1rlrrss Raulersan Builciing
Fort Pierce, Florida 0 R 1~i 1 PACE17~
BOOK
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