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12. That. in order more fully to protect the security of this mort-
gage; the mortga.gor. together with~ and in addition to. the monthiy payments
under the terms of the note secured hereby, on the first day of each month
until the said note is fully paid, and in addit~iori to the provisions hereinbefore
made , will pay to the mortgagee the following sums:
(a) A sum equal to the premiums that will next become due and- pay-
able on policies of fire and other hazard insurance covering the mortgaged
property, plus taxes and assessments next due on the n~ortgaged property (all
is estimated by the mortgagee) less all sums already paid therefor divided by
the number of months to elapse before one month prior to the date wher~ such
premiums, taxes and assessments will become due.
(b) All payments mentioned in the preceding subsection of ihis para-
graph and all payments to be made under the note secured hereby shall ue
added ~ogether and the aggregate amount thereof shall be paid dy the mortgagor
each month in a single payment due upon the first of each and every month
hereinafter
Any deficiency in the amount of such aggregate monthly payment shall, unless
made good by the mortgagor within thirty (30) days next after the same becomes
due and payable, constitute an event of de~ault under this mortgage.
13. If, however, .the monthly payments made by the mortgagor under
(a) of ~aragraph 1Z preceding shall not be sufficient to pay taxes and assess-
ments and insurance premiums , as the case may be , when the same shall
become due and payable, then the mortgagor shall pay to the mortgagee any
amount necessary to make up the deficiency, on or before the date when payment
of such taxes, assessments or insurance premiums shall be due.
IN WITNESS WHEREOF~ the said mortgagor has hereunto set his hand
and seal the day and year first aforesaid. ~
Signed. sealed and delivered
~ in resence of:
~ .(Seal) .
g . Rluep e e Jr.
+~.,.~~~.~A ~ ( Se al )
Sharon Rlueppel e g
STATE OF FIARIDA
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; CCIUNT Y OF ST. LUCIE
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~ . Before me personally appeared EDGAR H. KLUEPP$yBBRiG, JR, aad SHARON
i
~ KLUEpP~LBERG, his wife
' To me well known and known to me to be the individuals described in and who
; executed the foregoing instrument, and acknowledged before me thatthey executed ~
the same for the purposes therein expressed.
WITNESS my hand a:~d official seal this ~ day of 'Y~ ~ ,
A. D. 19
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~ .~•.~T,;,~ Notary Public ~ in and for said State and
; : w' ~ ~ County. My Commission expires:
(~Vof~~y•9e~1): -
~ L~'~ J~ r _ ~ PI~K, wt! O~ ~Of1di i~ (~f~!
~ .f,•,. ~ ~ T ~ , Mr ~ sw~ E,~ires Seq. 16. 1975
rn~e=f~.Wa•v~~••'•• b A.«i~w iiw; ~~y~, G.
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° p 213 PACE2569
BOOK
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