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und ahall perjorm, comply with ond a6ids 6r eucl~ and every tl~~ agnement~, tdpu~ntioni, condltio?u and
eonenants thereof, and oJ lhts morl9u~e, the~ lhia mortgu9s and tk~ ~stot~ h~n6r cwated, ikall ceais, dt- ~
termine and be null an~I iwi~I.
~!hp mortgapor hen+6y ~urtl~er covenanta ancl ugresa to pay promptlp when clue th~ principal and
interesl and ofher suma o~ money proul~ec~ Jo~ !n aaid note and this mo~tga8e, or eit~er; fo pay a~~ and
iingu~a~ 11~e faxea, assessme~ts, levtes, ~Iabl~tliea, ob~igatio~u. and encumbmncea o) every nnture on rnid pro-
pe?!y; to permit. commit or auf
fer no wcufe. Impainrienl or defe?toration o~ satd land or Ike improueme~b
f~erecn at any fime: to ~eep fhe but~ings now or {~e?pa~ler on .atd l~nd Ju~~y iruured in a~um o' nof ~eu
~han its inaurable value.
in a company or compnnies aocepfable fo !he mo~tgagee. Itie po~icy or po~icies lo be he[d 6y, nnd payable
to, saicr mortgngee, ancr In the evenf any sum o~ money beeomes paya6le 6y ui~tue o~ suc~ Insurance t~e
morlgagee shall have the ?ight to recetve nnd apply the same to tke inde6tedness here6y secured, aecounting
to ftie mo?tga{~or Jor any surpliu: to pny a~~ c~osfs, cha?ges; and eacpentes, inc~ucling ~awyer~s fees anc~ ttt~e
searc{~es, reasona6ly incun~ecl or paid by the mortgogee tiecause o~ fhe ~ai~ure o~ fhe morfgago~ to prompt~y
and ~u~~y comp~y wilh the agreemenfs, slipu~ations, cone~itions anc~ rnvenants o/ said note end li~is morlgage.
or eitl~er: to perjorm, comply witl~ and a6ide by each and every !he agreements, stipulntiona, condifions and
rnuenunis set fori~ in said ?tote nnd t~is morlgage or eit~e~. /n !he event f~e mortgagor ~ai~e to pay when
due any tax, assessmenf, insumnce premium or ot{~er sum o~ money payable 6y vt?!ue o( said note and this
mo?tgage, or either, the morfgagee may poy Ihe same, wi!/~out waiuing or aJJecting t~e oplion to jorec~ose
or any olher rigl~t herpunder, and all such payments shall 6ear interest ~rom dafe t6e?~eo) al t1~e I~ig~e:t law-
(ul mte 1?~en allowed 6y fhe la~us oj the Sfate o( Florida
)l any sum oj moncy tierein re(errec~ lo ~e not pt~ompt~y paid within thirty daya next nffer
fhe same becomes ~ue, or i~ eac{~ and every Ihe agreements, stipu~ations, conditions nnc~ covenants oj suid
note and tl~ts mortga~e, or eill~er, are not jully perJormed, complied with and n6~ded 6y, ll~en !he enti?e
sum menlioned in said note, and tl~is mortgage, or th e entir+e balance unpaid . thereon, a1~nll (orthwilh or
tRerea/ter, at ~he option oJ the mortgagee. 6ecome nnd 6e due and paya6le, anytl~ing in rnid note or herein
to f~e conlrary noiwil{utanding. Failure 6y t~e morfgagee to exearise any o~ fhe righls or opttons henln
provic~ec~ s~a~~ not c~onsfihde a u~aiver of any riq~ts or options unde~ snid note or ttiis mortgnge accrued or
1{~ereaf ter acrruing.
~n ~itness ~hereof~ the saicl morfgagor has hereunto si,qned and sealed these presenis the
c~ny nn~ year ~irst aE?one ~vriften.
Signed, s d nnc~ delii~erecl i tie prese Cp 0/:
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ichard Charles Ferris
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~ STATE OF FLORIDA. i~~ ~ ~
~ COUNTY OF ~
~ I HEREBY CERTIFY that oo this day. betore me~ an =
o(ficer duly authorized in the Stat~ a(orcsaid and in the County aforesaid to take actnowledgments, penonally appeared ~
RICHIsiRD CHARLES FERRIS j
to mc known to be the pcnon describcd in and who executcd the forcgoinq inswment and he ~~f~
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before me that he executed the same. ',~c•• -
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WI1'NESS my hand snd official seal in the County and Swte last aforesaid this : ~/~da~ uf
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Apr i 1 A. D. 19 7 3 . = . ~ ~ ~ - ~ 'o. ; _ s
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~ Notary Pub c State "v£~~3.ori} a
~ at Large .
g FILE~ AND RECOROED ~ '
~ ST. WC1E COUMTY fLA- M coirm~ission expires: ~
~ ROGEf P0~?RAS. ~ • y ;
CIERR GI~GUit COURt
~ RECORO vER.r1E0 pg~ SiATE OF fLAR~O~ AT IJIi~E ;
~ ~O ~15 llf~ ~Y COMMISSION EXPIRES DEC. 16~ 1973
~ M~ 1 ~ nr aa~a~o~ 1
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~ 252'780
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I7~is In~trumrn~ paprrred by: .
Ben L Bryan, lr. ~ R 213 P1~CE~V~ . ~
P. 0. Box 3230 d~X ~
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, ~ort Pierce~ Florida ,
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