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and shall perJorm, comply with and abide by each and every the agreements, atipulations, conditions and ~
covennnts tl~ereo/, and o( thts mortgage, then this mortgage and the eatate l~ere6y created. shall cease. de- ~
termtne and be nul! and void. ±
~ the mortgagor hervby /urther c~ovenants and ngrees to pay promptly when due the principal and
interest and othe~ sums o/ money provided for tn saic~ note and this morlgage, or either: to pay all und ti
singu~ar ttie taxes. assessments, levies, ~inbi~iiies, objigoiions, anc~ encumbrances oj e~ery nature on aaicl pro-
pe~ty; to permit, commit or su~~er no waste, impnirment or cleterioration o~ said land or fhe tmprovemenb
thereon at nny time: to keep the 6uildings now o~ hereaf ter on said land f ully insured in a sum o) rtot less
than MAXIMLAri INSUR~BLE VALUE
in a compuny o~ companies accepta6le to the mortgagee, the policy o~ policies to 6e held 6y, and pnya6le
to, said mortgagee, and in the event any sum oj moRey becomes ~xiyabl~ 6y virtue of suc{? insurance the
mortgagee shnl! haue tl~e right to ~e~~e and ~ply ehe sa?~e to ~he ~.?de6tedne~a he.gby s~u.gd, acc~ounting
to tl~e mortgago~ (or any surp~us; to pay n1~ coala, chargea, and expenses, including ~awyer s(ees anc~ tiile
sear~cties, reasona6ly incurrec~ or paid 6y the mortgagee 6ecause o~ the (aijure of t~e mo?tgugo~ to prompt~y .
nnd f ully comply with ihe agreements, sfipulations, cond~i~o?u ~d ~~nw~t~ oj soid note and lhta mortgage,
or eifher: to per~orm, eomply witF~ and n6ide by eacl~ aad every i~e ag?eemenfs, stipulntions, conditions and
couena~ls set jorth in snuT note and tl~is mortgage or eifher. ~n the event tl~e morlgagor ~ai~s to pay when
due any tax, assessment, insurance premium or olher sum of ~,oney ~.ya6t~ 6y virtue oj saitl note and fhia
mortgage, or either, t{~e mortgagee moy rxiy the same, wit~out waiving or of~ecting t~e option to ~orec~osa
or any otl~er right hereunde~, and all such payments shall bear interest lrom date thereoj nt tl~e htghest law-
Dl any sum o~ money herein re(errecl to be not prompt~y pnid wit~in thirty c,nys next a~ter
the same becomes due, or iJ each and euery the agreements, slipulations, conditions and covenants oj snid
note and this mortgage, or either, are not jully per/ormed, complied witF~ and a6ided by, then the entire
sum mentioned in said note, and this mortgage, or the entire bnlance unpaid thereon, shall (orthwith or
t{~erea(ter, at the option o( the mortgagee. 6ecome ~d 6e d~ ~d ~ya6[~, anything in said note or herein
to t~e contrury notwitf~standing. Failwe by t~e mortgagee to exerciae any of the righh o~ optiona herein
prouidecl sf~n~~ not consfitute a waiver o~ any rights or options under said note or f~iu rnwtgage accrued or
f{~ereaffer accruing.
~n ~itness ~hereof~ ihe said mortQauor has hereunto signed and sealed these presenta tlee
day and year Jirs~ above u~ritfen.
Signed, sen~ed and delinered in lhe presenc o~: ~ -
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_ Frank S. Stahlak
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€ oan M. Stahlak
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~ STATE OF FLORIDA, ~
couH~rv oF ST. LUCIE
I HEREBY CERTIFY that on this day, betore me, an
officer duly authorized in the Statc aforesaid and in the County aforesaid to takc ackcwwledgments, personally appeared
~ FRANK S. STAffi.Ax and JQAN M. STAALAK, his wife, ~
~ to mc known to be the pcrsong described in and who executed the fortgoing instrument and they acknowlcdged
s before me that they cxccuted the same.
~ WI7'NESS my hand and o[ficial seal in the County and State last aforesaid this ZIL(~ ~.,,,~day of
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~-•~anu~ry r\. D. 19 ~O. ~
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REC~RD : _
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~ pM ~2 ; 31 My commission Expire$.
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