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a?ed rha~~ per~wm, comply wilti and abic~e 6y each nnd euery the ngreoments, tfipulaltona, condlttona ond ~
c~ovenants thereo/, and oJ thti mortga9e, tl~en thi~ mortga9e and ths estate hero6y croatvd, ahall ceass. ds- ~
termine and be null a~d vold. ~
!he mortgagor hen+by ~urlher covenants and agrees to pay promplly wf~en dw tk~ princtpo( ond
interest and othe~ sums oJ money proutded Jor in satd note and this morlpcge, or ettl~vr: to pnr alI and
singu~o~ Ihe taxes, asseaamenli, ~evies, Iia6illfiea, ob~tgations, w~d en~umb,~,~~, o~ every nalun on aatd pro-
perfy; to permit, commi! or au((er no waste, impairmenf o~ c~eleriorntion o~ aaid land or fho t+nprotwmenb
thereon al any lime; to keep. f{~e bui~inga now or ~erea~ter on satd Iand ~u~jy inau?erl tn a sum o` not ~esi j
t~nn F
in n company or companies aoceptable to the rreortgagee, fhe poucp o~ po~iciea ro be heW 6y. and pnyab~
to, said mortgagee, and in the evQnt any sw» o) money becornes paya6l~ 6y virtue o~ such insunance fh~
mortgagee sleQll ?~aue ll~e rigl~t to recetue nnd apply the same to t1~e indebtednesi Asre6y secured, accounttng
fo !~e morfgapor ~or any aurplw; to pay a~~ costs, c~argea. nnd expenses: incitadinA ~nwyer i~aea and t[t~t ~
searcties. ?easonnbly tncurred o~ paid by the mortgagee becnuse o~ tha (al~ure o~ fhe mortgagor to prompt~r
and (u~~y comply wil{~ t/~e agreements, atipu~attons, conditions and covennnts o( said note and eh(i mortgape, ~
or eifher; to per(orm, comply wttf~ and abide 6y eacf~ and every fhe agreements, stipu~ations, cottdittont antl
covennnts set f
ortl~ in said note and i1~is mwtgage or eithe~. In Ihe event !he mortgagor ~aiLt !o pa~? wben ~
due any tax, assessment, insurance premium or othe~ swn oj mot~ey pceyable by vir~ue o( aald note and lhis Z
mortgage, or eiff~er, t~e morfgagee may puy the same, wfthout u~atvfng or a~fecfing the option to ~o?ec~oae
or any oti~e? rigtit hereunder, and aII such payr?~enti shall 6ec~r interest jrom date 11~ereo) at the higheat law-
~u[ mte then allowed by t{~e Iowa oj Ilee State o~ Floricra.
~L any sum o( money herein re/erred to be not promplly poid u~iihinthlTty ~30~ days next a(ter
ti~e same becomes due, or i~ each and eaery the agr+een+ents. stipulutions. condilions nnd covenanb o) sai~
note and this mortgagp, or eitleer, are reot jully performed, complied with and nb~ded 6y. tl?en the enttre
sum mentioned in said note, and tbis morteage, or the entire balance unpnid tl~er+eon, shnU forihu~tlh or
tl~erea)ter, at fhe oplton o) tF~e mortgagee, 6ecome nnd 6e due and paya6le, nnytlting in satd note o~ F?eretn ~
to the conirnry notu~itl~alanding. Failure 6y tl?e mortgagee to exercise nny of the ~igi~ta or optioru he?ein
provided s~a~~ not constifute a waiver of nny rig~ts or options under said note or t~is rnortgage accrued or
I ~erenl ter accruing.
Dn 1Vllil~s ~II~O`~ tf~e satd mortgogor {~ns ~ereunto signecl unt~ sea~ t/~ese presents fhe
c~ny an~ penr Jint atioue wriffen.
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Si sealed and deli~~ered in fl~e presence o~: ~
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' - - - ~ ,J~~~~~,+-~t! . . G:~%~!.~~~.~-..~a~%r.L..~---.. _
~ ' ~ ~ ~r~~ VlTillfam E. Gra~e~
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~ ~~~~ga€e '-W:~~~tace ~
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- =~--~.._C.~.C-- - - ~ - . 1~_t=~-:~'`~'--- - ~
ames ~~~Gr~ice
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; STATE OF FLORIDA, ~
~ courrrv oF ST. LUCIE
~ I HEREBY CERTIFY that on this dar, before me, an
of(icer duly authorizcd in the Statr aforeuid and in the- County aforesaid to ukc acknowledgments, persooaily appeued
; William E. Grace & Margaret W. Grace, his wife, AND james A. Grace, a single
' ~o lrgie known to br the penoe S druribed in and who executed the forcgoing instrument and tl'1@y ackoonrkdEed
~ before me that they excrueed the same. ~
WITNESS my hand and official seal en the County and State last a(oreuid this 3~ day of
~ JU1~/ A. D. 1973. - •
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fIlEO AkC qkM~Y Fl~• ` r~ , t'1 4; u .
~ sL wcic ~au , aAS
~iOGE~ r~~ Rt . • •
CtfRyr„;~';~T - - _ a-e Cr
RFCOF - ~ ~ ~
u t~~ Notary Public, State.ohFlpri~~t LaYge C:
, ~~L r; ,5 a~~~ My Commission Expire~ IS1~ov._ j9~6 -
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OR j~
I lris L~flnnn~-~il p~r~nn
J/y: Joe G. Mullins B~~ ~1C;
:l,lJrrx~ P. O. Box 970 -
Fort Pierce, F~~~~c~a
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