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an~{ sI~aII perJorm, comply u~it/~ and abic~e 6y ~•h anc~ ee~ery l~e agrnemenfs, stlpu~afiona, condttions and
covenanls lhereo/. ane~ of Ihis mortgape, then thts mwfgage and the estate hereby created, s{~all cease, de-
termine and be ?u~~l ant~ voi~~.
tl~e mortgaflo~ hewby Jurll~er covenunJs and og?ees !o pay promptly when due the principnl nnc~
infe?e~sf anc~ ofher sums o~ atoney ,prnnidt~ ~o~ tn sntd note and t~it mortgage, o~ eittiar; lo pay a~~ nnd
iingular t{~e fr:xPS, assessmnnts, leuies, lia6ililies, o6ligalion~, and encumbrances of every nature on aaid pro-
perly; fo pe~rmil. commil or suf
je~ no u~aste, ~mpairmenf or deteriornfion o~ :a~d bnd or fhe tmprovemenla
thprecn at any time; ta ~PPP II1F 6uildinfls nou? o~ hernu(te~ on said land jully insured i~ a aum oJ not Iest
lhan highest insurable value
in n company o~ companies acceptab~e to !/~e morlgagee, f~e po~icy o~ po~tcies fo be he~ by, and payabl~
to, said morlgagee, and in the ei~ent any sum o~ money becomes ~yabl~ by vtrlue o/ such Insurance 1ke
morlgagee shall ~aue IRe rigf~t b rereiae and apply the same to the indebtedness hereby secured, accounting
fo !{~e mortgagor fo~ any surplus; lo pay a~l c~osts, charges, and expenses, inc~uding ~awyers fees nncr fit~t
senrches, reasona6ly incurr~ Ol PQt~ by I~R morfgagee because o~ !he fai~ure oj ttie moHgagor to prompl~y
ane~ (u~~y comp~y u~ifJ~ fl~e ngreemenls, stipulations, concritions and covennnts o~ said nole anc~ ltiis mortgage,
vr either; to perform, camply with and a6ide 6y each nnd every Ihe agreemenls, stipulations, conditions and
couenants set (orlh in said nole and lhis mo~tgage or either. In tF~e e~ent Ihe morigagor jails to pay when
due any tax, assessmenf, insurance premium or of~er sum o( money paya6le by i~irtue o( snid note and ttiis
mortgnge, or eifher, f{~e mortgagee may pny f{~e same, u~it~out waiving o~ a(`ecting I~e option to ~orec~ose
or any olher ri~ht hereunder, nnd al! such payments sRn1I benr inte~es[ ~rom date thereo~ at the /etghest Inw-
(ul rate then allowed 6y 1(~e Iaws o( the State o( Florida.
~L any sum o~ money herein re(erred to be no1 promptly pnid within thirty daya next n/ter
the same 6ecomes ~ue, or ij each nnd euery f~e ngreemenfs. stipu~nt~ons, condiiions anc~ c~ovenanls o~ snid
note and this mortgage, or either, are not ju[1y per~ormed, complietl with and ab~d~d 6y, ll~en tl~e entir+e
sum mentioned in said note. nnd this mortgage, or t~e entire balarec~e unpaid tl~ereon, shnll forthwith or
thereaJte~, at the option o( t~ie mor[gagee, become und ~ie c~ue and payable, onytl~ing in said note or herein
to f~e rnntrary nolu~itl~standing. Failure by !he mortgages to exercise.any oj the rig~ts or options {~erein
provided Shall not consfifutp a u~aii~pr oj any rig~ts or oplions uncrer saie~ note or Ihis mortgage accniecl or
t~erea~ter occruing.
~n ~itness ~herenf~ t~e sairl mortgagor has {~ereunto signed nnd senlec~ t{~ese presents tke
c~ay ancr year jirst a~ione u~riffen.
$ignpd, lecl and deliverecl in tl~e presence of :
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, STATE OF FLORIDA, ~ ~
COUNTY nF St. Lucie `
I HEREBY CERTIFY that on thia day, before me. ~n 4
o((icer duly authorizcd in the Stat~ atons~id and in the County aforesaid to tak~ ackrsowkdgments, perwnally appearcd
George E. Kelley and Louise Kelley, his wife,
~o me known to be the penons describcd in and who executed the forcgoing imtrument and they acknowkdaed
be[ore me that they executed the same.
~ VYI"1'NESS my hand and o(ficial seal in the County and Smt~ last a(oresaid this 3~~~.~' daY of
.'r ,
March A. D. I9 72. ~
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EO Notary --Public _ _ t._ ..j~~.
f`~~ ~Kp 4t~~jY F~~, ~ State of Flori~d ,3~'~arge
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C~ERx ~'~~~~T Co~ My commi sion ~,~.r~~~?. ~:y
ItE '?VE':i'?£0
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~~u 1,~,~,~~ p,~~,~d by: ~
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A~drr~ 1HtS INSTRUM~VF 1YA:, P^~?ARED BY p~ ~y
FRANK N. FEE, !II FiP;iT FE~ERAL Bl,p6~ ~001(~ i~ACE~r'Oi~
FORI PIERt~ fLARIDA
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