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t anc~ s1~all per~orm, romNly ~vitf~ a~~d abide by eacl~ and every the agreement:, :1lpulalions, conditions and
co~~enanls IhereoJ, nnd o~ t~Is mo?tgage, IAen f~is morfgage and t/ee ealate l,.~e6y rn+afed. s~a~~ cease, d~-
t~rmit~e and Ge null an~ unicl.
, ~nd I~iP morfga~or I~eruby (urt~e~ rnvenanta nnd a9rees to pay promptly when due Ihe principnl and
inferest and ofher sums o( money provi~ec~ (or tn saic~ note ant~ fhis mo?tgage, or eif~er; to pay a~~ ar~d
stngu~a~ 11~e fa.res, assessmenfs, levies, ~labt~ilies, ob~igations, and encumdrances ol every nnture on satd pro-
perfy: to permit. co~nmi! or su)~er ao u?asfe, tmpairment o? deteriorntion o~ satd bnd or fhe impro~ements
fl~ereon at any Jimp: to kPep ihe 6uildings now o~ hereajle~ on snid land jully insured in a sum o~ not Iess
Ihan No insurance required.
( . . _.,..~~..e ..,,?:..:a. bp[d b~, and w.yable -
11~ a ~om~any ~i' CDIII~IQflIPS QI~I.C~Itlaal?v ~v i~~v ....a::is--. .
fo, sai~ mortgag~e, anc~ in fhe enent any sum of money becomes ~xiyab[~ 6y virtue of such insuraRCe fhe
~ mortgagee shall have the right to receive and app[y the same to tl~e indebtedness hereby secured, acrnurtting
~ to the mort{~a~or Jor any surplus: to pay a~~ costs, charges, nnd expenses, includ~ng ~rvy~s fees antj ttt~e
searc{~es, reasonably incurred or paid by the mortgagee because of t~e ~oilwe o~ f{~e n'~ortgagor fo prompt~y
i~ and ~ully comply u~i(I~ II~e agreemenfs, stipulations, condition~r ared covenants oj said note and t6is mo?tgage.
or eif/~er; to per(orm, comply with and abide by eacle Qnd every t{~e ag?eements, stipulalions, conditions ane~
~i covenanfs set (ort{~ in said note and t{~is mortgage or eit~er. In !he event the mortgogor ~ails to pay when
ii due any tar, assessmenl, insurance premium or other sum oj moRey ~.yn6[~ 6y virtue of said note and this
n~ortguge, or eifher. Il~e mortgagee may pay the snme, wit{~out waivirtg or af~ecting the option fo lorec~ose
or any other right hereunder, and all such payments shall 6ear interest (rom date lhereo( at the I~Fg~iest Inw-
~uI rate then allou~ed 6y tl~e la~us o( t{~e Stafe o( Florida.
i~ j
1 l~ any sum oj money herein re(errec~ fo be noi promptlq pairl urit~in s~seys next a~ter
.
~i the same becomes due, or iJ each and euery the agreements, stipulations. conditions and covenunts o~ said
Ej noie and this mortgage, or eilher, are not (ully per/ormed, c~omplied with and ab~ded 6y, t1~en !be entire
sum mentioned in said note, nnd this mortgage, or tl~e entire 6alance unpaid tl~ereon, shaU (ortl~with or
thereaJter, at Il~e option o~ t{~e mortgagee, become and 6e due and pnya6le, anything in said note or her~ein
} fo t{~e contrc~ry nolwithstanding. Failure 6y the morfgagee to exercise any o` the rights or opttorta here~n
M~ provic~ecl sha~~ not consfifute a waii~Pr o~ any ~ights or opfions unde~ said note or fhis ~rtortgage accrued or
i` t~ereaJter accruing.
ij ~n ~itness ~hereof~ tF~e saicl morfgagor has hereunto signed and sealed l~eese presents t1~e
!i c~ay ancl year jirst aboae «~ritfen.
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I~ STATE OF FLORIDA,
COUNTY OF ST. LUCIE ~
I HEREBY CERTIFY that on this day~ before me, aa
o((icer duly authorized in the Stat~ aforcsaid and in the Counry aforesaid to tak~ ackaowiedgments~ persona(!y appearcd
CECIL E. PRESCOTT, Trustee
to m~ known to be the pe~rson described in and who execut~d the [ongoi~g instrument aad he acknowkdged
_ befor~ me that he cxccuted the same.
N'IT~ESS my hand and of(icia) seal in the County and Statr Iast ataresaid this ~ day of
` ~3/ A. D_ 19 7Z ~ . '
otary P State of Florida at Large
p
E My cpm ssion expires: ~
E1~E0 ~OUNtr
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~ at.tll~lER P01TflAS , .
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