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and shal! ~~erform, comply u:ith aiu~ aL'ule l~y eacl~ oud evcr~ N~e uRr~emenls, sti~~ulatioiu, caulitions ontt
covenants thereo/, a?ut o% this mortku~;e, then this »iort~;o~;e a~ul the estate herel,y created, shaif cease, de-
termine and be nuU and void.
~ the mortgabor hereby further covenants arul agrees to pay Nromptly w)ien due the princi~wi and
~nterest ond other sums of money pro~uled ~or in said note arul il~is mortbage. or either; to pay all and
singular the taxes, assessments, leuies, liubilities, obligations, and encumbrances of eoery nature on said prop-
erty; io permit, commit or sw~er no u;asie, impairnien~• or deterio~ation of said larul or the improvements
ihereon ot any hme; to keep the buildings now or herea/ter on said Taod fully insure~I in a sum of not less
ihan
in a company or compontes acc~eptable io the mortgu~ee, il,e policy or policies to tie heki by, and ~a~able
to, saed mortgaRee, a?uI in the eoent any sum of money becomes payable Gy oirtue of such iruurance the
mortgagee shall have the right to reeeive m~d upply the same to il~e indebtedness hereGy seeured, accounting
to the mortgugor for an~ surplus; to ~ay all costs, char~es, a?ul expenses, including lawyers fees arul tttte
searehes, reasonably incuned or fwid by the mort~agee because of tl~e failure of ihe mortgagor to promptly
and fuily comply with the agreements, stipuiations, corulitions arul couenants of saici note arui lhis mortgage,
or either; to perform, compl~ u;ith and al~ide by each arui eoen~ the agreements, stipubtions, condetions and
covenants set forth in saict nvte a~ul this mortgage or either. In the event the mortgagor fails to }wy uhen
due any iox, ossessment, insurance premium or other sum of money payable by virtue of said ~wte a~ul this
mortgage, or either, ihe mortgagee moy pay the same, without icaiuing or aBecting the opfion to foreclose
or any other right hereunder, and all se~ch payments shall Gear interest from date tl~ereof at the higliest law-
. ful rate then allowed by the lauxs o
f the State o
f Flo~ida.
~L any sum of money herein referred to be not promptly }wid uithin thirty ~ys next after
the same becomes due, or if evch and eoery the agreements, sti~ulations> corulitions and covenonts of said
note and this mortgage, or either, are not fully performed, complied tcith and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire Galance unpaict thereon, shall forthwith or
thereafter, at tlie opiion of ihe mortgagee, Gecome and Ge due and payable, anything in said note or herein
to the contran~ notu;itl~sta?uling. Failure by the mortgaaee to exercise uny of t1~e reghts or options herein
provu~ed shall not constitute a uaiver of any rights or options uru~er said note or this mortgage oecn~ed or
thereafter accruing.
~n ~itness ~hereof~ ihe said mortga~or has Isereunto signed and sealed these presents ihe
~ da_y and year first aliove ~critten.
Signed, sealed and delioered in tl~e ~resenee of:
.
~
Yh ,
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,~~~1..1~C_~Z..~.c.'Jl~~------------- - --------~-~~K~lt~.~..-
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~
~ STATE OF FLOR[DA, ~
COUNTli OF St Lucie
I HEREBY CERTIFY that on this day, befqre me, an
o~cer d~dy authorizecl in the State aforesaid ancl in the County aforesaid to take acknow~ledgments, personally nappearecl
11~~II~H11//~ 'f ft
r ~i - e
Jack E. Martin and Jane R. Martin his wife ~
. - ~ ~~:lG '
to nx• k~N?~~~n to ix• tlx• {x•rs~nS d~sc•ri1xYl in and ~cM~ ~~~tY•uli•d tfr~ fun•~oink insimm~mt ancl ~ey~~,`.•• 'Rt+ly~~ed ~
.
~ ~ ~ ~
liefarc nx~ that they i•ClY'l1~tYI ~IH' >:mn•. ,
~~'IT\EtiS n~y hand and ul(ici:d u~:d in thi• Ca~unh~ ancf tit:di• Ixct afuri~+tid this 2~. ~ ~ il~ Cf," ~
. I„~y u. 73 ~ ° 4 ~ : = .
4 . ~ : J :
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fILEO k~1~ ?EC4RDED f NOTARY /Udi1C 3TATE Of fIORiDA AT IARa!
ST. LUCtC ~OUV1Y FLA. ~ONOED THRU G hE.:A~XhSURANCE UND WRITER:
ROCE i+ ~~Ji (RAS l~
CLEFK C~~ ~UIi C~URT
RFCnPr~ ycp;ciE'J
Mar 1y i 29 PN'73
2554~2
DR I
_ aoaK214 PncE184i
a .`mr-~ w . ~ y~- • y . ~ ~ ~~~.~r; .
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