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and shall prrJo~m, comply u~ith and n6~dp by earh and eoery the agreements, slipulatioris, conditioru and
co~~enanls ihpreof, and of this mo~t~age. Ihen this mortpage ond ths eatate her~6y create~l, al~all cease, ds- '
fprminp aretl M~ null anc~ roic~. ~
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fhp mortqac~or hPr~•by (u~lher covenants and agrees to puy promptly when due Ihe princlpal ond
inlernsl ond othpr sums oJ money proi~ided Jor in said nole and Ihts mortgage, w cilher; to pay aIl nnd
sin~ular the Iarps, assessments, lenies, lia6ilities, o61tga1ions, and encum6rances o/ every nature on said pro- ~
perfy; fo permit, commit or su~~er no wasle, imF.:erme~f or deferiorafton o~ said ~and or fhe improvemenU
ihPrrcn a1 any time; to ~PPP IhP bi~ildin~s reou? or l~ernajt~r on ~aid land /ully insiued in a sum o~ not less
than higheat insurable value
in a company or companies ACCP~IOhIP fo 1hP mortgaflee. Ihe pollcy or policies to 6e held 6y, and paya6le
to, said moMgagpe, a~d in fhe enent any sum oJ money bpc~omes ~ya6k 6y virtue of such insurance tl~e i
mortgagpe sl~all hai~e Ih~ ri~l~t 1o r«~ei~~e un~I npply tke same !o tlte inde6tetlness here6y securecl, nceounfing i
to fhe mortga~or ~or any surp~iu: fo pay a~~ costs, ctiarpes, anc~ expenses, tnc~ucring ~awyer~s ~ees and tif~e ~
3Pa/~C~PS, rnasonah~y incurrnc~ or pai~ by the morfgagee ~?ecause o~ ftie ~ai~ure o~ thp mortgugor to promptly ~
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and (u~~y comply WtI~ IIIN Q(/?PP/RP/1I3, stipu~ations, con~ifions anc~ coi~nanfs o( aaid note aad fl~is morfgage, j
or eithe~: to perJorm, comply u~ith and a6ide by each and evpry the agreements, atipulations, rnnditions and ~
co~~enanis set ~orfh in snid note nnd this mortgage or eilher. In !he euent tl~e morfgagor (oiLs fo pay w6en
due any tnx, assessment, insurance premiam or oll~er sum o/ money pnyable by rirtue o~ setd note nnd this
morfgage, or PI~~P~, Itie morfgagee may puy fhe same. wil~ouf waiving or a~~ecting I~e opfton fo (orec~ose
or any othe~r right I~ereunder, an~1 all such payments shall bear inlerest from c~ate Iher+eo) at the highest ~aw-
(u~ rate ftien a~~ou~er~ tiy f{~e ~au~s oJ t~e $lafe o~ F~ori~a.
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ll any sum of money herein re~errec~ lo be not prompt~y paid wi!{~in 30 dnya nexf a(ter
thp same 6ec-omes due, or iJ each and euery t1~e agreements, stipulations, conditions and rnuennnts oJ said
no~e and this mortgage, or either, are not /ully per~or?ned, compliecl with and abtdPd 6y, then the en~ire ~
sum mentionecl in said note, and this mortgage, or fhe entire 6a~ance unpaitr t~ereon, sha~~ ~orfhwith or
thereaJte?, at th~ option o~ the morigagne. 6ecome and be due and paya6le, anything in said note or hereirt
to the confrary notu~il{~slanding. Failurp ~y ftie mortgaqee fo exercise any o~ ttie rig~fs o~ options herein
proi~ided sha~~ nol constifufp a wai~~er oj any ?ig~ts or opfions under saic~ nofp or f~is mortgage accrued or
t~erea~ter accruinfl.
~n ~itness ~hereof~ t{~e said mortgngor has hn?punto signecl and se~alecl t{~ese presents the
c~ny an~ yc~ar Jirst atione u~rifien.
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Signed. se4lpd and delii~~re~1 in Ihe pres~nrp oj: ; 1,
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Pe A. Morris
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o STATE OF FLORIDA, _
° CCIt'1TY ()F S'j'• LUCIE ~
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I I HEREBY CERTIFY that on this day, be(orc mq an ~
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F officer duly authorized in the Stat~ a(or~said and in the Count}' a(oresaid to tak~ acknowkd~{ments, prnonally appeared
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~ ANDREW Qtn~prl MCRRIS and PEGGIE A. MORR?S, his wife, '
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~ to mc tnown to b~ thr pcrson S d~uribed in and who ~xecut~d the forrqoinq instrument and they acknowledRed
~ before me that t~'Y ~xecuted the iame.
~ N'l1~NESS my hand and o(ficial xal in thc County and Statr l~st aforesaid this day o(
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s I~ A. D. 1970.
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~ ~ ? ~ L II.ED ANO RECOR~ _ ~ - .
F TY. F~a.
`l~T~~?y~~~ ST. LUCIE COUN
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: t'i"(J - ~ ~ P.,hf:~ S'x'e of F!.,r ~a at latge
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CL~RK CIRCUlT COURT'. ,
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~ %liu Inslnu~?f~t! p~r'p~R~! by:
~ ;''I~Iillftf TM1, AQSTRACT 6 TITLE CORP OF F~ •~V~S
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