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and sl~all pPrform, comply witl~ 4?~d a6~d~ 6y each and e~~ery the agreements, sttpulatio?u, contlilions and ~
conenanfs il~ereoj, and o/ Ihis morlgage, tF~en tl~is mortaage and tl~e esfate here6y c?eated, shall cease, de-
termine and 6e null and ~~oid. _
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the mo~tgagor hen+by ~urlhe~ covenants and agrees to pay promptly when due i1~e principnl and
interesf and othe~ sums o~ money provicleil ~o~ in sctid rtote and I~is mortgage. or eif~ier; fo pay a~t and
singular the taxes, assessme~ts, levies, lia6ilities, o6ligntions, und encum6rances oj euery nature on said pro- i
peHy; to pe?mil, commif o~ suj~e~ no wwte, impairmenf or c~eferiorafton oj snid jand or the impro~ementt
fl~er+eon 41 any lime; to Ireep II~e buildings now or f~erna(ter on said Iand /t~Uy insured in Q su~n o) no1 leas
~hn" its insurable value
in a company or companies qcceptable to ~he rreortgaQes, tl~e policy or policies to 6e held 6y, nnd pnya6le
to, saic! mortgagee, an~ ire f~e e~ei~f any sum o~ money becomes ~ya6t~ 6y viMue o( such tnsurance fhe -
mortgagee sha~[ {~aue fhe rlght to receive anc~ apply the same to the inde6tedness hereby secured, accounfing
to the morfgagor ~or any surpliu: to pay a~~ cosls, ctiarges, and expensea, inc~uding ~nwyer~s ~ees unc~ fit~e
searc~es, rensonably incurrec~ or paid by 1{~e mortgagee becnuse o~ the ~ailure of the mortgagor to prompt~y
and Ju~~y comp~y with the agreemenfs, sfipu~ntions, condilions ant~ eovenants of snid note an~ t~ia ?nortgnge.
o~ either: fo per(orm, comply wit~ aricj abide by eacl~ and euery the agreements, sftpulations, conclifions nna
I covenants •set ~ort{~ in said note nncj t~is mo?fgage or either. ~n f~e event Ihe mortgagor jai~.t to pay when
due any tax, assessment, tnsu~ance premium or other sum o~ money payable 6y uirfue oj said .~oee wed eh~s
mortgage, or either, t~e mor[gagee may pay the same, without waivireg or af~ecting f~e oplion to /o~eclose
or any oll~er righf I~ereunc~er, und aR such paymenfs sleall bear interest /mm date thereo/ ae the h~gh~:c law-
~ iuI rate then nllowed by the lau~s oj the Sla~e oJ Floridm '
iL any sum o~ money I~erein re~erred ~o be not proinptly paid wiftiin 30 dnys heart a~te~
(he same 6ecomes due, or i j each and puery the ugreements, stipulations, conditions and co~enonts oJ snid
i note and this moregage, or eit{~er, are not /ully pe~/ormed, compGed u~it1~ and a6~ded by, tF~en the entire
sum r?ientioned in said note, and Ihis mortgage, or the enlir~e 6alance unpaid ther+eon, shall (ortbwith o~
11~erea/ter, at t{ee option o/ thp mortgagee. 6ecome and 6e due nnd pnyn6le, anyil~ing in said note or herein
fo !he contrury notu~ithstariding. Failure 6y fhe mortgagee fo exer+cise any of t~e rig~ts o~ opliorts herein
provic~ec~ sha~~ nof constitute p waiuer oJ uny rig~ts or options unc~er said note or t{?is mortgage accrued o~
f{~ereaJter accruing.
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~ ~n ~~u`~S ~~~Q~l~ !he said mortqaqor has hPreunto signecl and sealec1 ~hese presents Ihe
~ c~ay an~ _year ~irst atione u~ritten.
$ignec~. sea~e~ anc~ ~{~[i~~c~ in t{~e prpsence o(:
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( ~ A A G. S ALKER-----~---------
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~ " H1~ILTER
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jf ~-~GCf. „1 -'l;. ~'~c~` - - - E W RER ~
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STATE OF FLORIDA, ~
coL~-rv ST. LUCIE ~
I NERE$Y CERTIFY that on this day, before me, an
` offi~er duly authorize3 in the Stat~ aForesaid and in th~ County aforesaid to tak~ acknowledgmenu, personally appearcd
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ADA G. WALRER and WALTER EUGENE WALRER
to nu• know~n to Ix the persorig described in and who ezecuted the tor~,qoin,q instrument and ~fi@l7 acknowledged
befor~ me ihat they~x~~„tea the same.
~ ~~'IT:~ESS my hand and official scal in thc County and Stat~- iast atoresaid this day of ~
september, D. 19 73. ~
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~ A~,t ~ ~ otaYy Public - -
=~a`: C• . ~ Fi~fe ayc K~coeoEO ,
_ . ,<,w, '~i~0 T A ~ y ;9,c ; sT. ~uciE couNtr Fu.
ROC<<~ ?OITRAS ~ t4y Commission Expires :
• CtERK Ci~i,U1T CJURT
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' ~~-~~.D/1 = : ~ RECOF~ vEM?~~ED .
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S~ 25 3 si PM'73 _ :
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~ a ~ ~-r ~ 2b4438 u, ~
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'i This instrument prepared by: John T. Brennan, Esquire ~
CARLTON, BRENNAN, McALILEY & HAYSKAR f
Post office Box 3~79 :
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'jj BOOfI~~v PaGc ~ Fort Pierce, Florida - 33450 ~
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