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nnd shall per~orm, comply u~ilk and abide by .nch and PI'PI'V the ng?eements, slipulations, conditions nnd }
corenanls tl?ereo~. and o( ttiis mortgnpe. 1~en Il~is mortgaqe and the estate I~e~by crnatec/, shnU cease. ds- ~
tprmine and 6e null and void.
I11NL ftip m~rfgagor heri~tiy (urttiPr corenants and agrees to pny prompf~y u~tien due !he principn~ and #
interest and ofher sums oJ money pronidecl ~or in said notp nnd ttiis mortgage, or eifRer; !o pay n~l ond
singuln~ ~hp taxes, assessmpnfs. Ievips. lio6ililies, o6ligutions, nnd pncumbmnces o~ every natun on snid pro-
perfy; fo permil, commit or suJ~er no u~atte, impairmenf or c~eterioration oj saia ~nnd o~ the improvementt
ttie?+~wn a1 any time; to lrPep Ihe buildings nou~ or he?raf ter on said ltind /ully insured in a sum o~ not ~ess
t~an ~
i~ n c-ompanv or companies ncceptab~e to the mortga9ee, the policy or policies to be {~elt~ 6y, a?~d ~ynble
to, said mortAngee, anc~ in Itie ei~ent any sun~ o~ money becomes ~yabl~ by rirfue o( suck inswnnce ftie
mortgagee sha~~ tia~~e fhe rig1~t fo receive and apply the anme to tF~e indebtedness Aere6y iecured, uccounting
fo ihp mortgnqor ~or any surp~us: to paq n~~ costs, ctiarpes, nnd expenses, inc~uding ~nu~y~~s fees ant~ fil~e
searcl,~s, rnasona6ly incurred or paid by t/~p mortgagee 6ecause oJ tF~e (nilure o( tbe mortgagor b prompllr
an~ ~u~~y comply with the agreemenfs, sfipu~ations, conditions and covenants o~ soid note and this mortgage.
• or eilher; to pPrform, comp~y u~ith and a6ide by encl~ und every the agreements, sfipulations, condifions and
coi~enonts set )ortl~ in said note and tl~is mortgage or either. In tke event tl~e rnortgagor ~aila to pay wlten -
I due any tax, assessment, in3uraRCe premium or ofl~er sum o~ money paya6le by virtue o) snitl note nnd Ikis i
mortgage, or eiftiar, Itie morfgagee may pay t~e same, wittiout wniuing or a~~ecting the optton to ~orec~ose ?
or any other right F~ereunder, antl nlI such payments shall 6enr interest from date t6erro( nl the higtiest law- i
f ul rate then allou~ec~ by the lou~s o~ t{~p State o/ Florida.
~l any sum o~ money tierein re~PTrP~ IO be not prompl~y paid u~ithin 1 H~TY c~ayi next a~fer
!hp snme bPCOmes due, or iJ each and P[~Pry I~P agreements. stipulations. condilions und covenanta oJ said
note and t{~is mortgnge, or eit~er, are not Jully per~ormecl, complied u~itl~ and o6~ded 6y, then tF~e entire
sum mentioned in ~aid nole, nnd t1~is mortgage, or the entirw 6n~a?tce unpnid tl~er~eon, shnll /ortl~witl~ or
theren(ter. at t{~e option oj tl~p mortgagee. 6ecome ~d bp d~.p and ~ya6[~, anythiRg in said note or herein
fo the contrnry notu~ilhatanding. Fnilure by Ihe mortgagee fo pxerrise any o~ f~e rig~fs or opttons herein
pro~~ided s{~a~~ not consfifufe a u~ai~~er o( anq rig~ts or options urtder said nofe or ftiis rno?tgage accrtied or
Itierealter act~ruinA.
n ~Lll~ ~0 ~ fhe salc~ morfgngor hns {~ereunto signecr aru~ sea~ t~?ese presents Ihe
day anc~ year ~irsf ntioi~e u~riflpn. ~
` Signed, se !ed and d~live 'n t6e presence o/: ~ ;
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c~i B. Butt i
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~ STAT'E OF FLORIDA, ~
' covrrrY oF ST . LUCIE
~ I HEREBY CERTIFY that Qn this day. beforc me, an
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~ of(icer duly authorized in the Stat~ afor~uid and in the County afuresaid to wkc acknowkdgments, penonaUy appeared
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~ Lawrence K. Butt and Vicki B. Butt, his wife,
' to m~ known to be th~ prnocS deuribed in and who ~xrcuted the (or~going instrument and they acknowkdsed
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beforc me thu they txecutcd the ume.
~ 1'VITiCESS my hand and d(icial ual in th~ County and State last aforesaid thu ~~f" ~~j A~ ~
r~ , . _
~ ~2.
~-1~.'Z-u-~1. ~f.LJ A. D. 19 - . _
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F1LED AND REC4RDE0 ~ - - :
:T. u~:[ CouwTr fu. . ~pTFR1 VUSl1C S?ATE OF flp~t fDA~7 L.~itGE
ROCEF P0~ ~RAi ' - - ~,r ~~....•t~..,,~~i fx~~s~ES ~:.~K!•~ ~475
- CtEF.I, CIaCUtT COURT r,=_~.E?At ~~15JPAHCE Uf~C~..wRiS+~R$~tii~
, afC(+RC YE?~F~ED.~._._~ • 7S . . ~
ffe 11 3 49 PM '?t
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~c~K 199 Pac~ 24 4?
I 7%~s /iu~ni~n~-nl pr~~,ir<<! Joe G. Mullins, V. P. & Compt.
.~~l~ fn_~t First National Bank of Ft. Pierce
P. O. Box 970, Ft. Pierce, Fla. 33450