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and ahnll pe~jorm. comply wifh and a6ide 6y eorh and euery tl~e agreements, ~tipulalto~a, rnndillons and ;
covenonls the?eo/. and oJ thta mortgage, than this mort9age nnd the estaie he~6y created, a/~aU c~ews, d~- ~ `
lennine and be ~ull and void. ~
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the mortgago~ he?uby Jurthe~ co~ennnta and egrees to pay promptly when tIw the princtpal artd j
~nterest and ot6e~ sunu o/ money provided )or In anic~ note nnd Ihis mo~tgage, or either: to pay a1l and ~
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singular the taxes, asse:sments, leotes, Iia6ilities, obligations. ~d e~u~6.nn~, of every natw+e on said pro-
perty: fo permif, commJf or su~~er no waste, impairment o~ detertorntion o~ snit~ ~and or !he Improvements ~
ttier+eon at any time; to leeep the 6uildings now o~ kereajter on said land f ully insured in a swn of nof less ~
~I~an $10,50Q.00 in fire and windstorm insurance '
in n company or compantes acceptnble to tke mortgngee, !he pol[cp or policies to 6e held 6y, and paya6le
to. said morlgagee, and in the evont any swn o/ money bscomea paya6le 6y virtue oj auck irtsuranc~ tke ~
mortgagee aha~~ ~ave !tie rigtit to receive and apply tl~e sane !o !he indebtedness here6y secured, acc~ounting ~
to tl~e mortgugor ~or any surp~w: to pay u~~ eosts, c~u~gea, nnd expe~ues. Inc~uding lowyer s~ees and tit~e ~
searrhea, reasonn6ly incurretl or paic~ 6y tlte mortgagee because of the `at~ure o~ tke matgngor to promptly ~
ancl Ju~~y comply u~itk the ng?eements, stipu~aftona, conditioru and eovenants o( satd note anc~ l~iJ n?ortgage, ~
or eiil~er: to perform, comply wtth und a6ide by each and every tke agreements, sttpulntiont, conditions and =
covenants set (ortl~ in said note ~d ih~s mortgage or either. ln ths euent the morlgagor Jn~is to ~r wheR '
due any tax, assesamenl, insurnnoe premium or ot~er surn oj tnoney payable by vtrtue o( sald note and lhi.t ~
mortgage, or eifher, the mortgagee may pay fhe same, withoul watving or nfjecting f~e option to forec~oae
or any otlter right hereu~der, and nll such payments si~al! 6ear interest /rorn dnte thereo~ at the ?~ighest law-
(uI rnte 11~en allowed by the laws oj the State o/ Floridn.
~l nny sum o~ money {~erein re(erred to be not prompt~y paid within 7 day: next ajter
the same becomes due, or iJ each and euery the agreements, stipulations, rnnditions and covennnb o( said
note and this mortgage, or etther, are not Jully perjormed. complied with and a6~d~d by, then the~ enttre
sum mentioned in anid note, and this mortgnge, or the entire 6alance unpaid theneon, ahaU /orthu~itl~ or
t~erea~ter, at f~e option o, t/~e mortgagee. 6erome ~d 6e due aRd ~yabl~. anyt~ing in sak~ note or hereirt
to the contra?y notwithstanding. Failure by the mortgagee to exenciae nny of the rigkti or options herein
prouided s~a~~ not constitute a wniver of any rig~ts or o fions unde? saic~ note or t~' ~tortpp~g ~
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i~ereafter nccruing. '~k.~ Q ~ql~'a011 R~aTtt',~tl~! ~1A~'^'~ ~m `
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s~en1 or thfl L::i:'.:cc c;:~~ u~an r.~_s::~:~ty ~s ;
~n ~itness ~he~eof~ t~e saitl oprt~~ as ~fet~'Rsp?{~~c~yt9o~'t~eill~fN~s t~?e s
day an~ yenr ~irst ahove wriften. ~ } ~ _
u~, CIRC~ O•~ C.uY.i1ICL:.11,~IS~ 1.ic~C1C Ci fi?t's f.lOJt~ ~
$i , sea d i in e presence un.iar tnd tu~ms t~~~s morsyoge. '
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STATE OF FLORIDA. ~ ~
coux~rY oF St . Lucie =
I HEREBY CERTIFY that on tl~~ day. beEorc me. an ~
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of[icer duly authorized in the State aforcsaid and in the-County aforesaid to tak~ acknowkdgmenb~ personally appeared
James R. Duncan and Mindy Duncan, his w~fe
to me known to be the penon g described in and who ezecuted the (oresoing instrument and W~10 a~~r'~~
~,.~~nnn,,,,: . ;
before me eha~ ~they czecuted the same. '
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WITNESS my hand and o(ficia) sesl ia the County and State last aforeuid this 3rd~.:•.. ;~:~~'.qE
April A. D. 19 'j~ ,
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FII.E~ AN~ RECOY~FLA - ± i
UCIE COUNT . ` : r =
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Q~~R _ N016&1r FUBlfC SiATE OF RORIDA AT [/IR~E i
~v MY COMMISSION EXPIREg ppR~~ 2~ j
. I973 ~
~~,6 ~ s BONDm TNRU FRED W. BIESiELHO~
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CIERK C1RCU1? ~
I~ru I».~n~»,e»r prrpn,r~! hy: !~i P~ l~~r'~ P ;
A~fdrrss ~ 3~. A/~ 4nt ~'reo~` ~ ~ R~'~4 PAGE ~ V~ y
• BOOK
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