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~n~l sh~ll n~.~orm, ~•omply u~i1h and n6idp 6y eac~l~ ancl ei~ery t{~e ogreements, atipulation's, condilions ane~
corenants ~hNreo(, wrul a/ Il~is mortAaf~e, tf~pn thia mortqape and tl~e eaiale I~p?eby c?Patecl, shall c~.se, de- ,
tprminP an~ ~ nu~~ an~~ troi~~.
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1{~p morlga{~o~ hr?~~hy ~wther cove~anfs anc~ agrees fo pay prornpfly u~hen aue fhe principa~ and
intereal and other sums o( money provided /or in sai~1 note and tl~is mortgage, or eill~er: to pay nll nnd
aingu~ar Ihe fa.rps. assessmenls, ~evies. Iia6ililies, obliflafions, a~d encumbronces o~ every nnfure on satd pro-
parfy: lo permil, commif or suJJer no u~asfe, impairmenl or c~eferiorafion of sait~ ~und or the improoe~nenfa
II~p?eK~n at ~ny lime: to RPPp I~P 1?uildin~s nou~ or herpajt~r on ~aid ~and fully insurnc~ in a sum of nof ~pss ~
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in n compnny or i~ompanies accepfable !o fhe mortpnpee. (he po~icy or po~1cies to 6e hpld 6y, and payo6le
to, said mo?tqaQee, and in Ihp eoent any sum o/ money 6ecomps paya6le by i~irtue oJ such insurance tl~e
mortflayee si~all hai~e tl~e ri,yht to ?ereive and apply the same to the inde6tednesa here6y aecured, accounting
fo the mortga~or (or any surplus: fo pay u~~ cosfs, charges, and expenses, inclucjing ~awyer~s jees and tif~e
searches, reasona6ly incurre~ or pai~ hy Itie morfgaqeP tiecause o( fhe (ai~urn o( fhe mwtgagor to prompt~y
ancl )u~~y comp~y u~itti Ihe agreemenis, sfipu~ations, conc~ilions and eovenanfs of saitl note ane~ this morfgage,
or either: to pvrJorm, comply u~ith and a6ide 6y each anc~ enery fhe agreemenfs, slipu~afions, cone~ifions and
co~~enants set (orlh in said note nnc~ t1~is mortgage or eitl?er. In fhe event tlts mortgagor (aiu to pay w~en
due any tax, assessment, insurance premium or othe~ sum o( money paya6le by t~irlue o) saicr nole nnd t{~is
mortgage, or eit~er, t{~e morfgagc~e may pay the same, u~if{~out u~niving or aJjecfing fhe opfion fo (orec~ose .
or any other ri,ql~t her~under, and a~~ sucl~ payments s{~aII bear interest ~rom dnle the?eo~ at fhe I~ighest law-
(ul rate If~en allou~e~l by thp la~u~ of thp State o/ Florida.
~L nny sum o( money herein re(erred fo ~ not prompfly paitl within thirty day: next n~te~
1he same 6ec-omps due, or i~ eacf~ and every t1~e agreements. slipulations. conditions and covenants o~ said
note and this morlgagp, or eitF~er, ure not )ully perjorntec~, complied with nnd a6~ded 6y, flten llte enfire
sum mentioned in said note, and t6is morfgage, or fhe enline bn~nce unpnid tl~eneon, sl~nll )orfhwith or
therea f ter, at ~h~ option o j 11~e mortgagee, become and be due antl paya6le, anything in snid note or herein
to t~e ronfrary nolwithstart~ing. Failure hy f~e morlgagee to exe?rise any oj ihe rigtib or options herein
provided sha~~ nof conslifufe a u+ainer o( any rights or opfions under sai~ nofe or this mortgage nccrued or
f{~ereajter accruing.
ln ~~lllL,.7 ~IL[a'Ol~ the sai~ mortgagor has hereunto signe~ nncr sealecr lhese presenls the
t~ay ancl year ~irst atiot~e toritfen.
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! Signe~. ~pcr an~ c~e~iner c~ in !tie presence o~c
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~ STATE OF FLORIDA. ~
~ COC:VTY OF ST . LUCIE
i I HEREBY CE I t at on this day, be(orc me~ an
~ officer duly authorired in the Stat~ a(oresaid and in the Count~ aforesaid to tak~ acknowledqm~nts, personally appeared
~ LOWELL SWAIN and MARJORIE M. SWAIN, his wife,
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? to m~ known to be the person S d~scr~bcd in and who ea~cutcd the (or~qoinq instrument and they acknowledSed
~ brforc me that they ~x~cuted the same. ~
y ~~'I7 `ESS m~• hand and official xal in th~• County and Stat~• last a(oresaid this day oi
January A. D. 19 72 ;
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- 77us 1»~~rr~» r~-m prrp~tn-~/ hy: '
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- ,~r~i~it_sS Thls Instrument \`;as PreD;rc~ t?y: ~
~t C. R. McDONALD, JR., A++crnay O~ ~
Cifi:~n• felsral $u~fd`nq
ao~x eic~
F~. Pi~rce. FIc~;Ae i: ~50