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and shall perJorm, c-umply u~ith and a6ide 6y each and eoery the ag?eements, atipulation's, contl!!lons and
covenanls the?eo~. anc~ of f~~is mortganP. Ihen this morfgage nn~ fhe eatats hereby creafed, a~n~~ ceasa. de-
ferminn an~ be ?u~~~ an~ voic~.
nIL1~ t{~e morfgaflor hen~by (urfher eovenanfs and ogrees to pay prompt~y when duo Itie principa~ and
Interesl anc~ ofhe~ sums o~ money provided (or in aatd note and f{~ts morlgage, or either fo pay a~~ nnd
aingu~nr I~e la.ret, assessmenls, ~euies, ~iabi~ilies, ob~iqattons, and encumbrnnces of every nalure on said pro-
periy; lo permil, commit or suJ~er no waste, impoirmenl or cjefertorafion o~ satd land or fhe improvemenb
Il~prec~n a1 any Iime: to ~PPP IhP 6uildines now or herea/!er on said land /ully insure~l in a sum o( not les~
~han Full insurable value
in a com~wny or com~ni~s QCCP~IQ~IP lo Ihe morfgagee, fhe policy o~ policies to 6e 1?eld 6y, and payable
to, said mortgagep, and in Il~e event any sum oJ money becomes paya6le 6y virtue o~ suc{~ insurance Ihe
mo~tgagc~n shall ha~~R the righf fo receive and apply Il~e swne to tl~e indebtedness I~ere6y secured, acrnunting
l0 1{~P morfga~or (or any surp~~u: to pa> a~~ costs, rharges, antl expenses, inc~uc~tng ~awyer s(eea anc~ lit~e
searches, reasonably incurre~ or paid 6y Ihe morlgagee because oj f~e fai~ure o( t~e mwfgogor to pwmpf~y
anc~ ju~~y comp~y with t{~e agreemenls, stipu~afions, condilions nnd rnvenonts o( said note and t~is morfgage.
or eifhe?; fo per~orm, comply with and abitle 6y each and every fhe agreeme~ts, stipu~afions, condifiona and
coi~eriants set /orl{~ in said note and lhis mortgage or either. ln the event !he mortgagor f
ails to pny when
due any tax, assessm~nt, insurance premium or otl~er sum oJ money paya6le by virtue o~ suid nole and tl~ia
mortgage, or eif~~er, !he morfgayee may pay f~e same, wifhout wniving or aJ~ecti~g fhe oplion to /o~eclose
or any otF~er ri~tit h~rPUnder, nnd all sucl~ paymenfs shaU bear inferesC jrom dnte thereof al the highest Inm-
~ul rate th~n allowed by the Iaios oJ tf~e State of Florida.
any sum of-mon~y hprein re(erre~ to tie not prompt~y paic~ witkin ten ~1~~ days next a~ter
the same 6ecomPS due, or i( each and every f{~e a~reempnfs, stipu~ations. conditions ancl covenants o~ saicl
~nole and lhis mortgat~e, or PIIRP~, are not fully pe?(ornted, compliec~ wifl~ anc~ ab~d6d 6y, t~en t1~e enlire
sum mentioned in said nole, and this mortgage, or the entire balance unpnid thereon, s6all ~orthwit{~ or
t~ereaJter, at Itie oplion o~ f~e morfgagee, become anc~ 6e due and payable, anything in saic~ note or ~erei?e
fo ff~e confrary nolu~ilhstanc~ing. ~'ai~ure 6y f~e mortgagee to exe?riae any of t{~e righfs or options tierein
proniclc~I s(~a~~ not constifute a waii~er o( any rig{~fs or opfions under saic~ nole or t~is mortgnge acc?ued or
thereafte? accruing.
~n ~itness ~hereof~ tl~e said mortgagon c~u herPUnlo signed and sealed tl~ese presenls tF~e
c~ay an~I year Jirsl atioi~e u~ritfen.
ign , sealed and d i~~ pd in the pr~se?tcp of : ~
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FRED H. LOLLI S, Trustee
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STATE OF FLORIDA, ~ . ~
c~u~-r~r oF ~cSX~ Indian Rive~ ~
- I HEREBY CERTIFY that on this day~ beforc me, an ~
o(fic~r duly authoriz~d in the Stat~ a[oresaid and in the County aforesaid to tak~ acknawiedgments~ pcrsonally appeared }
FRED H. LOLLIS, Trustee and Individually ~
to me known to br the peno~ described in and who ex~cuted the for~going instrument and he acknowkdRed
beforc me that he exccuted the same. ' .
•t
WI7'NF.SS my hand and of(icia! seal in thc County and Statc last a(oresaid this 5th i
'~:l",~~',~ .1~~~ ~z~.~•;
~ June A. D. 19 73. = ~
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vbGe. Sta~e of Floridi ~En~~~+rti~~~,'`7.~~ '
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Bonded by Amcr~wn F~re Z Coiw~Yn~4-'~~~7~r :~.~v~ ~ -
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~ T/ri.t lilurrinu~rl p~cPmt'd by: DEVITT J. ADAMS d R ~ a
~ P. O. Box 3937 gpOK~~ PA~E f
Fort Pierce, FL 33450 ' :
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