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and shall per(orm, comply wilh and a6ide by ench and ei~ery the agrePmenti, siipulattons, c~onditions and
co~~enants the?eo~, nnd oJ Ihi~ mortgage, then thts mortgage and tl~e e~tatq I~ere6y creatsd, shall ceass, de-
Iprmine and be aull an~i i~oid.
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~ fi~e mo~fgagor I~.~+by Jurthe? covenant: anc~ •ag?ees to pay prompfty wh~n due tl~e principnj arud
interest and other aums oJ money provided /o~ in satd note aru~ fhU mo~tgage, or eit~er; to pay a~~ and
sin~u~n~ l1~e taxes, assessmenls, ~evies, Itabilities, ob~igaffont, nnd encum~?r~a~rtcelr o~ every nalun on sald pro-
perly: fo permtf, commi! or su(Eer no waste, impnirmenf or de~eriona~ion o~ satd la,~d or ttie impro~emertb
(hereon al any ~ime: to le~?ep the buildings nou~ or {~ereQjte~ on said lond Jully insured tn a awn o~ not less
:han Seven Thousar:d and no/100----------------------------------~___________
in a compa~y or companies o~Fta61e to the mortgugee, tke policy or policies to 6e held by, and payu6le
fo, said mortgagec+, and in !tie evenf any sum o~ money 6ecomes ~ya6l~ 6y utrtue o( suc~ insurance t~e
111OrI9QgP@ S~QII ~AI+@ the right fo receive and apply the same to the inde6ledness 6ere6y aecured, aceounling
~ to the mortga~or (or nny surp~us: to pay a~~ costs, charges, and expenses, ,inc~uding ~awyer
a~ees anc~ tttle
searchPS, reasonal~Iy incurse~ or paiid by the morlgagee becawe of the ~ailwe o~ f~e mortgago~ to promptly
and (ully co~ply with lhe u~reements, sfipulations, c~onditions and rnvenants o/ said note and tht~ mortgaee.
or eifhet; to per(o?m, comply with and a6ide 6y eacf~ and euery f~e ag?~eementa, sttpu~tlons. condttions. and
co~~enanfs se! (orfl~ in ~ said note nnd thts mortgage or eitl~er. ln the etleret l1~e morlgago~ ~ails to pay when
due any lax, assessme~t, insurance premium or other sum o~ „ROney ~yo6l~ 6y virtue o~ saic~ nofe and fhis
mortgage, or either, fhe? morfgageP ,?~Qy ~y rhg same, withaut waiuing ~r a1lecfing ftie opfion to forec~ose
or any ofher rig/~t leereiender, und oll surh payments shall 6enr intprest (rom date the?~eoj at tl~e highest !aw- -
/ul role tl~~n aAowerl l~y t1~p lau~s dJ the State oE F[oridn.
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i` any sum o~ inoi~ey ~erein rp(erred to be not promptly poid wit~in thirty cjnya next a~ter
the same b~omPS due, or ~i/ eac{e end every tbe agreemenls, alipulations, conditiona and covenants of sdid
note and tbis mortgoge, or either, are no! jully performed, c~mplied with and a6ided by, tf~en the entiro
surri mentioned in said note, and tf~is mortgage, or the entira 6alance unpaid thereon, si~a[I (oirthwitl~ o~
tl?erea(1~, at the option oJ the mortgagee, become and 6e due nnd paynble, anything in said note or I~erein
to ftie ronfrary notwit?~standing. Failure by the mortgagee to exenciae uny ol t~R rig~fa or options ~iereFn
proi~i~a~ sha~~ nof conslifulp n u~aii~er o( any ri~hts or options under saic~ notp or t~is mortgage acrnied or
~IIPMAjf~r accruing.
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~n ~~lll~s W~OI~ t~~e saic~ morlqagor ~ns ~ereunlo signecj anc~ sPa~ these presents the
t~ny onc~ y~ar ~itst a~ot~e u+ritle?t.
Signed, sealed and dPli~~ered in fl~e presence o(:
....__~~..-~.e...~-~---~-,~-
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.._._....y
STATE OF FWRIDA~ ~ ;
COL~NTY OF St. Lucie ~
~ I HEREBY CERTIFY that on this dar. before me~ an ;
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officer duly authorized in the Stat~ aforesaid and in t6e County a(otesaid to tak~ acknowkd~menb~ penonally appeared
Woodrow W. Adkison, Jr. and ~tha Faye Adkison his wife $
a/k/a Woody Adkison -
to me ~~own ta b~ the person S described in and who ezecuted tht forrgoinq instrument and thE:y atkaowkdacd
befon me that they executed the same.
WITTiESS my hand and official sesl in the County and State last aforesaid this 1$tt. day ef
DecemberA. D. 19 73 .
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