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+ and shall perJorm, c•umply u~ill~ anc~ abide by ~nc-h a?id ea~ery fRe agreeme~~ts, slipu~alions, conditions a~t~
co~~enanls !he?eoJ, and of fJ~is morlflage, tl~en this mwt~age and tl?e estate I~ereby created, s1~aU cease, de-
tennine and 6e null and uoid.
Iil~~ thp ?nortgago~ hen•tiy Jurthe~ coi~e?~onis nnd ogrees to pay prompfly when clue the prin~•ipa[ and
interest and oftier sums o( money proi~ided jor in saicj nofe anc~ t~is mortgage, o~ eifhe~; !o pay al~ and
singular Ihe laxes, assessments, IPt~IPt, lia6ililies, obligatio~~s, nnd encumbrances o( et~ery rtature on said ~ro-
perfy: lo permit. commit o? su~~er no u~aste, impairmenf or c~eterioration of said Iunt1 or fhe improvemenfs
t/~preon at any time; to ~eep t1~P buildin~s now or I~erPeJtPr o+~ said land /ully insurnd in o sum oj not IPSs
~han its inaurable value
in a company or rompanies accppta6le l0 11~p mort9agee, the policy o~ policies to be held by, and pnyable
~ to, sai~ mortga,qpp, nn~ in t{~e euent any sum o~ money becomes ~,yabl~ by virtue o( sucti inswnnce t~?e
mo~tgagPe shnll have the right to receii•e and apply the same to Il~e inde6tedness hereby secured, accounting
to t{~e morfgagor for any surplus; fo pay a~~ cosls, charges, and expenses, inc~uding ~awye~~s lees and tit~e
'i searches, reasona6ly incur~e~ ar paid by ihe mortgagee because o~ !~e ~ni~ure o( t~e moHgagor fo prompfly
and f ully comply wifh the ngreements, sfipu~ations, conditions and covenants o( snic~ note anc~ this mortgage.
~j or either; to perJorm, comp~y wifh Qn~ abic~e by eacl~ ancj every t~e agn+ements, stipulafions, condifions ant~
~7 covenants set (orth in said note and this mortgage or either. ln the event the rnortgagor fai~s lo pay w{~en
I dtu? ony ta.r, assessment, insurunce premium or other sum o/ money payable by virtue oj said note and tl~is
mo~tgage, or ei[her, fhe mortgagee may pay t~e same, tvittiou! waiving or a~~ecting the opiion fo lorec~ose
I or any other ri~/~t hereunder, ancl oll suc/~ pay~nenl~ sl~oU 6ear interest f rom dnte thereo/ at t{~e highest jaw-
i ~uI rnte ttien allowed by Ihp la~us o~ t{?P Stafp of F~orit~a.
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ll any stim of mo~ipy ~IPlPfA reJPl?P~ IO 6e not promptly Faid wititin 3~ days next n~ter
ii ~~P SQIRP bPCOR7P5 ~UP, Or IJ QAC~ Qlid pi~pry t{~e agreemenls. S~IpUlations. cont~itions QR~ couenanfs O~ Sald
E( note nnd tF~is mortqage, or eit{~pr, arp not jully perJormed, complied witti ancl a6~ded 6y, then the entire
~ sum inentioned in said nofe, and tF?is morlgage, or the entire ba~n~ce unpaic~ ther+eon, sha~~ Jorthwitl~ or
~ Ihereo~ter, ul f{~e opfion o~ t~e morigagee, becomp an~I 6e due and payable, anything in saic~ nofe or he~ein
to !{~p confrary notu~ithstanding. Failure by fhe morigagee lo exercise nny of t~e rig~ts or options {~erein
~
proniclec~ s~~a~~ no! conslih~fe a~vainPr oj any righls or options under snic~ notp or t~is mortgage accrued or
t~erea~ler arcruing.
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jl ~n ~~~~s ~hereof~ the said mortgaqor has hereunb signecl ancl spale~ tF~ese presents the
c~uy an~~ y~ar (irst atione ioritlen. -
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~I Signp~. se~~e~~ an~ t~~~i~~ere~~ in the prrsPm-e o~: "l
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.....=..1.~ _ _ - ---=~`?CG-~~ - - ~ - - . . M. ~
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~i . / ~ Paul U. Newell
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" ~1 EO ANO REC DE~ • c,/_
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` . . - - - ~t~UlCt~ COUMTY fLA- t; !..!.~llC~~aC:!~.. ..,.__!~Cc~GJC-C~~- ~
CIERK C RCUI?~COU~tt t Maurine S. Newell
. . . . ~lECORO.YERIFIEO-----•- - v ~
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' , STA'TF. (1F FLORTDA,
COL'`Tl" OF ST. LUCIE ~
I FiER£BY CERTIFY that on this day, before me~ an
, ' ~fficer duh- authorized in th~ State aforcsaid and in th~ County aforesaid to take acknowledqments, personally appeared
PAUI, D. NEWELL and MAURINE S. NEWELL, his wife,
to m~• known to fk th~• p~•rson g described in and who executed th~ lor~going instrum~nt and t,tl@y acknowkdged
t~for~• me that ~ey ~x~cuted the same.
~~~ITIESS my hand and officiai seal in thc County and Stat~• last alot~said this ' da oI
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MiZC~I A. D_ 19 72.
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, . NOtary PubliC
; - - ; - My comQnission expires :
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'~P~P B~t~~" ~ rvotary PuW~c. ~tate ot fi.,~~~.. .e
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;;FORT pl~~, FLA. 33450
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RECEfVEO "'yG 111 PAYMENT OF TNtR ~
' a.,E on a~ss ~~x~~nds~~ r~ut Prro~~rnr,
~,~~`-~W f~~~~ pu~wrr To auPr~ n-~. ~crs aF i9n. r"
~ ROGER MITRAS, CMAt Ci~tMt Cwr~ 9t L1w~ Ce. Ff~
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