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and shall perform, comply witl~ aRd ab~de by e~+~ and every tlte og?eemants. :ltpu~attoni, rnndltion~ und ~
conenanls tF~ereoj, and o( tl~is morlgape, then this mortgage and tl~e e:tate herebr crealed, sl~nll cease, d~- ~
termine and be ntdl and void. 1.
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~ thp mo?tga~o~ hen~by /urlhe~ covenanta and ag~e~ to par pro~nptly when due the principa! and
tnferesl nnd ot~er sums o` money provide~/ for in aaid nole and ~h~~ morlgnge, or eifhe~; to pay a~~ a?~d
si~gulor t~e taxps, assessments, levies. ~iadi~ifies, ob~igaflons, anc~ encumbronces o~ every nnlure on snid pro-
perly: !o permit, commit or su~)er no wnste. i?npairmenf o~ c~eterionafton of sntd ~and or Ihe improve~nenb
tl~e.rcn at any timp: to Ireep the 6uildings now or he?rafle~ on ~atd bnd (ully insw~l tn a sum oJ not less
than ~
in a compnny o? companies accepfn6~e !o f~e morlgngee, fhe po~icy o~ po~icies to be I~eid by, ant~ payable
to, said morlgngee, and in !he event any sum oj money becomes ~ya6[~ by vlrtue oj auch insurance lhe
mortgagee sha~~ ~aue t1~e rigl~t !o receive and appiy tl~e same to ~he inde6tedness hereby secured, ac~ounting
to f~e morfga~or for any surp~ua; to pay al~ costs, c~arges. anc~ expensea, fncjudirtg ~wyeri feea and tlt~e
searcRes. rensonably inci~ned o~ paid by t6e mortgagee becnuse o~ the /ailure o/ tl~e mortgngo~ to prorr~tly
and (u~ly comply u~itl~ fhe aflreements, stipula~ions, condttions and covenanls oj snid note and this mortgage.
or ei~her; to per/orm, co~ply weth ond a6ide 6y each and every tl~e ngreemenla, stipulations, conditiona and
coi~eaeanls sPt Jorl/~ in said note anc~ ihis mortgnge or eilher. /n the evenf t~e mortgngor ~ai~s to pay wken -
due any tar, assessment, insurance premium or otF~er sum of money paya6~e by virtue o~ said note and t~is
mor!{~age, o~ eilher, fhe morfgagee may pay fhe same, without waiving or aJ~ecting t{~e option to ~orec~ose
o~ any ofher right {~areuntl~r, and all such payments sl~all 6ea~ interest jrom dnte t?~ereo/ at the I~Ighest law-
(ul ra~e l/~en allowed 6y the laws oj f{~e State oj Floridn.
D` any sum o~ money ~erein re(errecl to 6e not promptly pnid within }~i~y (30)c~oys next a~fer
the same 6ecomes d~ie, or ij each and euery lF~e agreemenls, stipulations. conditions nnd covenanis o~ snid
note nnd this ?norlgage, or either, are not /ully per)orn~ed, comRlied with nnd abtded by. lhen [l~e entire
sum mentionecl in said note, and tf~is mortgage, or t1~e entire balnnce unpaid thereo~, shn1l /orfl~wieh -or
!/~erea~fer, at t~e oplion o~ f~e. mortgngee, become nnd be due and papa6le, anyfhing irt saicj note or herein
to t~te contrary nolu.it~sian~ing. Fai~ure by tbe mortgagee to exereise any of the righta or options ~ersin
providec[ shal~ nol consfitutp a waic~er of any rig~ts or options ureder sai~ nofe or ttiis mortgage acc?ued or
f~ereaJter ~ccruing.
~n ~itness ~hereof~ !~e saic~ morfgagor has ~eereunfo signe~ on~ sea~ec~ Ihese presenfs lhe
~ay an~ year jirst a u~rit ~
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Signp , e de Ped ' the presence oJ: ~
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~ xoru~ w. ~cHARns
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" ~ICE E. RICHARD.S i
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STATE OF FL.ORIDA, ~ ~
COUNTY OF ST. LUCIE '
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I HEREBY CERTIFY that on this day. betorc me~ an ;
officer duly authorized ia the Statr afonsaid and in the County aforesaid to tak~ acknowledgments, personaUy appeared r
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RQnald W. Richards and Jarice E. Richards, his wife ~
to me known to b~ the person$ described in and who executed the toregoing instrument and wjlp acknowledaed
~ beforr me that }~ey ~x«„ced the same. ±
i ~Vt11VESS my hand and official seal in thc County and State last aforcsaid this day of ~
J~Y-.. ~ A. D. 19 73. ~
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