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and shall pr~)orm, com~Iy witl~ a~id abitle by eacfe and ee~ery the agreemenls, stipulations, conditions nnd ~
c~oi~erianls tl~erpoj, and oj ll~is mo~tgage, tbPn this mwt~age and tl~e esfale f~ereby created, shall cease, de- ~
lerntine and 6e null and ~~oid. ~
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Iin~ l~iP morlgaUor ~~nr~+hy ~urfher couertunfs anc~ agrees to pay prompfly when due ff~e principa~ and 3
infernsf anc~ ofher sums o~ money prot~ic~ec~ Jor in said ~ofe anc, this mortpage, or eil{~er, fo pay ar~ and
si~flular tl~c• taxes, assessmenfs, lenies, lia6ililies, o6ligafions, and encum6wnces oJ every nature on said pro-
perly; fo permil, commif or sujJer no waste, impni?ment or deteriorafion o~ saic~ ~and or t~ie improvements
thernon at any lime: to ~PPP IIIP huil~Iings now or hereajter on ~aid [and jul[y insured in a sum o( no1 less
~~1Q" Three Thousand Five Hundred and no/100---------------------------------
in a compnny or companies acceptabje to fhe mortgagee, the po~icy or policiea to be held 6y, and pnyab[e
to, saicl morf~a~ee, nn~ in fhp eve?it any siim o~ money becomes payab~e by virtue of sucti fnsurance ftie
mor(~agee s/~ajl ~ai~e tj~e rig{~t to recei~~e and apply the sarrse to tfee indebledness ?eern6y secured, acoounting ;
to the mortga~or ~or any sterplies; fo pay al~ costs, char~es, and expenses, inc~uc~ing ~awyer~s ~ees and tit~e
searches, rpasonahJy incurre~I or ~~d 6y ~6e morfgagee because of f~e failure oj t{~e morfgagor fo promplly
antl )ully comply u~ith Ihe aflreements, stipulations, con~itions nncl covenants o~ said note. ancl this mortgnge. ~
or eif~ier; fo per(orm, comply u~ill~ and a6ide 6y each anc~ every the agreemenfs, stipu~afions, conditions nnd ~
corenants set fortl~ in said note ancl this mortgage or eitl~er. In the event 1he morfgagor jails to pay wlten
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c~ue 6ny lax, nssessmenf, insurance premium or otKer sum oJ r?~oney~ ~x.ya6[~ 6y virlue o~ saicj nole ane~ t~is
mortgage, or eilher, t~~e mortrya~ee may pay f{~e same, wit~out waiving or uf
fecting the opfion to ~oreclose
or any otl~er ric~{~t hereun~Ier, and alI such puymenls shnll bear interest jrom da(e t/?ereoj ue ~he l~ighest ~au~-
~u~ rate Il~en al~ou~ee~ by Il~e ~aws o( t/ie Slate o~ Floritla, r
1
DL nny sum oJ money I~prein re(errpcl to be not promptjy paic~ wilhin 3~ c~ays next after i
I~ie same ~iecomes c~ue, or if eac~? an~ enery f~e agreements, sfipulnlions. conc~itions anc~ coi?enanfs o~ saitl
nofe und this morl~ac~P, or eifl~er. 4re not /ully per(orntetl, complied with ancl abided by, then the entere
sum mentioned in said nole, and this mortgage, or the entire balance unpaid thei+eon, shall ~orthwith or
thereajter, at ~he option oJ the mortQa~c~e, become and be due ared paya6le. Qnything in said note or herein
fo l~e co»frRry ,~oi~~~~ihsie„d,~~. Fo~lure by if,e morfgagee !o exercise any of !~e righfs or options ~erein
pnn~~ir~ec~ sha~~ nof cons?if~de a wainer oj any rig{~fs or options unc~er saic~ nofe or l~is mortgage aceruet~ or
ttierna~l~r accruin~. ` -
~n ~itness ~hereof~ tl~e said mortgacto~ {~as F~ereunto signec~ an~ sea~ecj iheae presents the
~ay anc~ y~nr firsf ationp trriften.
_ Signed. SPQIP~ and c1PI1PPfP~ in the prnsence of: f
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STATE OF FLORIDA, ~
COUNTY OF ST. LUCIE
, I HEREBY CERTIFY that on this day~ be(orc me, an
olficu• duly ~atiihorized in the State aforesaid and in the County aforesaid to tak~ acknowledgments, personally appeared
. + '
.ti ~`~~,~T~ ~,~~'~~~.yOlsen and Mary A. Olsen, his wife ~
~4 ` t_ . c t iS.^.. :.^y ..^.£:S•:inwn~ ~~r7 3--!! !Y
v;w~~+v;°yy-w ~_u~t ~xiav~i j ucxij icu ii~ uii4 :~uL f..«::C€G~, ~k n 1~~ ~
~~~_.;t; ~ uacj t
j~,,~~;~ ; Y ;
; : r ~e ~xccuted the same.
' U ti.~ xT:~1,~i~~jyny hand and official seal in thc County and Statc last afor~said this ~ da oE ~
~ a - 1 . - ~ y
ZN A'~~~~~ .A: D. 1970
a,~
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~ - F.Yi`~ p~ /
oF~ c~~ o~ A.~~,~~.~ ~
_ ~ ~
tary Public State of Florida at Large
FILEO ANG RECORD~9
L~C1~ C(?UNTY, FL" - Notary Public, State of Florid~ ot lor
. r, , ; ~ , ~ r r ~ - ~ ,r, My tOmmission expires JWY 4e 19~
1ss~~s `
FEG I Z A~~ i~ : 5 I
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.~~_-_?K ~1;R~lSlj COURT
aooK18~ ~~f2~53
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