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and shall perJorm, comply wifl~ and a6ide 6y each and every tlte agreements, satpulatioriu, conditiont and
co~~enants t{~e~eoj, nnd oJ lhis mo~tgape, tl~en this mortgape and the eatate hereby created, shall cease, dt-
lermi~e an~I he null anc~ uoi~_
t
Ii~ f~r mortga{~or E~en+tiy (urfher rnvenanls anc~ ag?ees !o pay promptly when due the p?incipal nnd
inte?rsl anc~ ottie~ suma o~ money providec~ for in saic~ note and ftiis mortgage, or etl{~e~; to pay a~~ onc~
singular Ihe ta.res, assessme?iti, levies, lta6ilities, obligations, nnd encum6rnncea o~ every nature on saicl pro- ~
perly: to permif. commil or su~~er no u~aste, impai?merit o~ c~eleriomlion o~ said land or fhe improvementt ~
Ih~rc~en at nriy lime: to ~PPE1 IhP buildin~s nou~ or hereaf fer on said land (ully insurecl in n sum of no! less t
t~an FULL INSURABLE VALUE
i?i a ~ompany or companies accepta~~e lo fhe mortgagee, Ibe po~icy or po~tcles to 6e held 6y, and paya6le
to, saicl morfpagee. aRd in fhe event any sum o/ money 6ecomes ~ya6l~ 6y uirlue oj sucl~ insurance t1~e
morlgaAee Shal! ha~~p t{~e ri~ht to receiue and apply Il~e :ame to the tnde6ledness here6y secured, nccounting -
to Ihp morffla~or (or any stirpltts: to pay a~~ cosfs, c~arges, and expenses, inc~uding ~awyer~s ~ees ancl fit~e ;
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senrches, reasona6ly inc~ure~ or pai~ by f{~e mo~fga~ee becnuse o~ ttie Jai~ure o~ ihe morlgagor to prompf~y 3
an~ ~ully comply u~t~h ehA ag~eemenls, sfipu~ations, con~itions and covenants o~ saicl nole anc, lhis mortgage, ~
o~ eilE~er; to per~orm, comply with anc~ a6ide by each anc~ every t~e agreemenfs. stipu~atio?u, conditions and i
co~enants sc~t Jorth in said note and this morf9nge or either. ?n tl~e evenf the mortgagor ~ails to pny when ~
c~ue any tax, assessment, insurance premium or otl~er sum oj mo«ey ~ya6[e 6y virtue oj saicl note and Il~is
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morfga~~e, or ei!{~er, the morlc~aflee may pay f{~e snme, wifhout wniving or a~fecfing the option !o forec~ose ~
or any ollier ri~Iil I~erPUncler, and a~l such payments shnll bear interest ~rom dafe t{~ereo( af tl~e highest Iaw- ~
(ul rate then allowed by the luios oJ the State of Florida. 3
any s:~m o( money Iierein re(err~d fo 6e not prompt~y paid withinthi~ctq (30) days next a~ter
f{~e samp becomes due, or i( each and enery II~e agreemenfs, stipu~alions, condilions and coi~enants of saie~ ~
note and this mortaa9e, or either, are not Jully perJormed. complied witf~ and a6~ded by, tl~en Ihe entire ~
sum mentioned in said note, anc~ this mortgnge, or t1~e entire bn~ance unpaitl tl~ereon, shall forlhwith or j
f~erea~ter, nt ti~~ option oJ t~e mort,qa~ee, ~ecome and 6e due and payn6le, anyfhing in sai~ nole or herein ~
to the conf~ary nofu~it~sfan~ing. Fai~u~e ~y Itie morlgagee to exercise any of the rig~ts or options herein ~
proi~icled sha~~ not constilutP a tnni~~pr o( any ric~hts or opfions under saic~ note or t{~is mortgage accrued or }
i
ll~e~reajier accruin~. ~
~n ~itness ~hereof~ tl~e said morlgagor has herettnto signed and sealed these presents the ~
c~ay ancl year (irst a~~oi~e iorilfen.
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Signe~. spa~pc~ an~ c~e~ire c~ in Ihp pres~ncP o(: / 7 ~ i~' t
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. S.. -7 -c~_ ~ ~~~.r-.' .-1..7 :d~'~-/-----...- -
r- j~, O. C. ompson~~
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~ STATE OF FLORIDA, r
~ COL NTY (~F S t. Lucie ~
~ I HEREBY CERTIFY that on this day, befon me, an
offi~er dul} authorized in the Statc a[oresaid and i~ the County aforesaid to tak~ acknowledgments, p~rsonally appeared
O. C. TtiOMPSON
~ to mc known to tx thc prrwn described in and who ezeruttd the for~qoinq instrument and Wt10 acknowledged
~ beEon• mc that he ~x~cuted the same.
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~ ~~'IT\ESS my hand and official stal in the County and Stat~~ last a(oresaid this Z8Ct1 day o( ~
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~ September A. D. 19 73 '
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- `~RpE NO RV PUBLlG, Sta oi fbrida at Large
f1`~0 ~ND ~~~tY EL~• M Commission Expires December 18. 1976
w;~ tU~~E CQ ~ta~s ~ 6onOW TAtu AUTO.OWNERS INSURANCE GO~
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