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aRd :hall ~?1onn, ~wmply u~ill? and a6id. 6r ~h and ei~?~r :!?e 4~r~r~nents, sttpulations, conditions o~d
eorenants Ihe~eo/, and oj lhis moNgags, tl~an this mortgage and In~ rstats her+e6y crraled, shnll csass, dt- ;
fetmin~ ant~ tie null an~ ~wic~. ~
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~ ftis ?nortgagor he?a6y Jwther c~ovenonta and agroe= to pay promptly wl~en dw t6~ p?inctpnl and 4
inferesf ancj oftier sums o~ money providecr for in said nots anc~ ttits mortgage, or either: fo pay a~~ nnd ~
singular ll~e lnxes, asaessments, levies, liabililies, o6ligations, and ancumbnances oj every nalure o~ snid pro- `
perfy: to permit. co~nmif or st~(~ar no wasle, impairmenf or c~ete?iot+ofion of ~nid lond or the tinprovernenb
t!?erew~ at any fime: to 4~P ~he 6~,tid~?~9: notv w here~(le~ on said land jully i~rmne.i in n surn of not ~ess
~hnn its maximun: insuraale value '
in a compony or c~ompanies acceptn6le to the mortgagee. ll~e policy or poltcies to be I~eW 6y, and payable ~
' to, said morfgagee, anc~ in Itie euent ony sum o~ money bec~omes n~~61~ 6y uirfue o( such inswance fhe F
morfgngee s6all have the righl to ?~ceive and npply Ihe seme to tl~s inde6ted~ess 6ere6y aecureJ, ncc~ounting ~
to Ihe morfga~or (o~ any surp~us: fo pay al~ cosfs, ctia~+ges, and expe~ues, inc~uc~tng ~nwyer a~eei ane~ fit~e ~
searrhes, rnasunnbly i:~curred or paid by the mortga9ee because o( tl~s /ailure o/ the mortgagor to promptly .
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nnd ~uJly comply wilh the agreements, stipulatiorts, conditions ant~ c~ovennnts of said nofe ond ll~is mo?tgnge. ~
f i or eit~er; to perlorm, comply with and a6ide by each nnd evsry t1~e agreemenfs, sflpu~nfions.'condifFona and :
ti covenants set fwtl~ in said note and tl~is mar~gnge o~ eit6er. In tl~e euent the mortgagw /atla to pay when ~
due onv 1ax, assessment, insurance premium or otl~er sum o~ money pnyuble 6r virtue o~ said note and this
rnortgnge, or eif{~er, t~e mwiqage.~ may pay fhe same, wiftiou! wniving o~ a~~ecting ftie option fo ~orec~ose
1 or any other rig6t I~ereunder, and all such payments sl~all 6enr Intere:t jrom date fhereo/ at I~e highesl law-
~al rate thpn allou~ed 6y Il~e lau~s oj fl~e State o) Flortdn.
~ 1l any siam o~ money I~erein re(PR~ ~O be not prompt~y pnid wit~in 30 dny: nPxf a~fer (
t
tf~e snme 6ecomes due, or i j eac6 an~ e~~ery Itie ngreemenls, stipulations, condifions and oove?~nnts o/ said ~
i~ note antl this mortgn~P, or eif{~er, are nol ~u~~y per~ormetr, rnmpliecl tuitl~ nnd o6~ded 6y, then fhe enfire ;
sum menfionet/ in sait~ note, aRd rh~s mortgage, o? tke entire ba~unc~e unpait~ flsereon, s~a~l foMl~witl~ or E
~ f~erenjfer, af t{~e opfion o~ f~e morlgagee, 6ecome ancr Ge due ancl paya6le, an7rt~ing in sait~ nofe or ~ierein ~
f lo t~e contrary notu~ithslanding. Failure ~y fhe mortgagee fo exer,cise any o~ the rights or opfioru /~e?eirt
~ pronidec[ s{~a~~ nof ronslilute n u~aiver oj any riqhfs or options uncjer sait~ nofe or this morfgage acrnied or
I~arpaJfer accruing. •
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~n ~~lJl~ ~~D`~ Ihp sai~ morfgagor I~as herrunlo siqne~I an~ sealetl tl~eae prese~fs Ihe
~i ~ay an~ ~ear finf atione u•riffen.
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STATE nF FLORIDA~ ~ €
cc~t•~~n c~t ST. LUCIE
I HEREBY ~ERTIFY that on this day~ be[ore mq an .
~ ; offi~~r dul~ authorizrd in the Stat~ a(orcsaid and in the County afor~said to tak~ acknowledgments~ p~rtonaUy appeared i
~ PAUL D. NEWELL_and MAURINE S. NEWELL, his_wife, ~
to m~• known to thr person S described in and who ex~cutrd the (or~goinq instrument and they acknowkdRed
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t~efor~- me that they f7lrCtlt!'d the same.
N'IT~ESS my hand and o((icial s~al in thc County and Stat~• last a(or~said this 23rd day o( ~
~ a~t~i1~`' A. D_ 19 71
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~ - ~ . = Notary lic
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'P~+ D~ = hlotary PubUC. State of F lo~da ai la~6r
i,gA~~ ~ My Commiss~on Expres June 26, 1973
E SQ • gonded by Trar~sa~r~erica Insw Ca.
~POS~ %~1FP~C'~'.B'bX 3779
~FOR~~"Pi~RCE FLA. 4 O fIlEOANDaEC4R0E0 ~
~ , , 33 5 gT. ~UCIF. COUKTY FLA. ~
~ ItOGER POItRAS ~ ,
' CLERK C~RCUIt COURT '
RECORO YEA~f1ED~
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