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and shaN per~orm, comply u~ith and a6ide by each and pi~ery the agreemenla, stipulalions, conditto?u and
conenanls thereoJ, and o( ttiis mortgnge, lhen lhis mortgnye and the esta~e herehy created, sl~all cease, de-
lermine ancr 6e null nnd void.
~n~ ttie mu~fpugor hen~~y (urther covenants anc~ ugrees to pny prompf~y wl~en due fhe principa~ anc~ i
interesl an~ oftier sums of money provi~ec~ ~o~ in said note a~d Ihis mortgage, or eilher; to pay o~~ and ~
sinflular the taxes, assessments, levies, lin6ilities, o6ligations, and encum6~+ance~ oJ every nature on snid pro- %
perty; to pprmit, commil or su~jer no waste, empai~menf or delerioration o~ sai~ ~and or Ihe improvemRnts
Il~ernon at any time; to Ireep the buildings now o~ he?ra(ler on said lanc~ ~ully insu~ed in n sum o/ not ~ess ;
~hQn Five Thousand Five Hundred and no/100--------------
in a company or rompanips ncc-eptable to the morfgagee, the poltcy or policies to 6e I~eW 6y, nnd payn6le _
fo, sai~ morigagee, nnc~ in fhe eoent ony sum o~ money 6ecomes ~xiya6le 6y virfue oj_ auck insumnce the `
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mortgagee s{~al~ hni~e tl~e rigF~t to receive and npply t1~e same to lF~e inde6tednesa {~ereby secured, nccounting
to I~e mo?tgac~o~ (or any surplua: !o pay al~ costs, ctiar{~es, and expenses, inc~uc~ing ~awyer~s fees nna title :
sParcl~~s, reasona6ly incu?red or ~~d by ~hP mortgagee 6ecause o) t1~e failure of the mortgngor to promplly '
an~ ~u~~y romp~y wi!{~ i{~e a~reements, slipu~altons, condifions an~ corenants o( aoid nole and this mortgage.
or ei!{~er, to per~orm, comply with ancl a6icle 6y each ancl every the agreements, stipu~ations, contlitions and
~ore~iants set jortl~ in said note and this mortgage or either. In the event the morlgagor (nils to pay when
dtee any tax, assessmenf, insurance premium or ofF~er sum o) ?~o?~py Payo6l~ by virtue o~ said nole und ttiis
morfgage, or either, t{~e mortgagee may pay fl~e same, wiftiout waiving or a~~ecling fhe option to ~oreclose -
or any otf~er ?ight heteunder, and all such payments sl~all bear inlerest ~rorrt date therro( n< <he h~ghe:t [aw- '
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(uI rate th~n allou~e~ by !{~e laius o/ fhe Stafe of F1o?ida. ~
~l any sum o~ muney herein re~erret~ l0 6e not promptly paid urithin thi~tY doy: nex! a~ter
IhP same tie~omps due, or i~ earh an~ enery f~e agreements. slipulations, conc~itions anc~ covenants o` snid ~
nole and this mortgaqe, or eittier, nre not Jul[y per(ormed, complied with and ab~d~i 6y, tl~en the entire
sum me~Slione~ in saicl note, and this mortgage, or the enti?e 6a~nrtce unpaid thereon, shn~l forthwith or ~
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thereafter, a1 t{~e option o~ il~e mortgagee. 6ecome nnd be due and papa6le: anything in snicl note or herein
to !he confrary nofwithstanding. Failure by ttie morfgagee to exercise anq o~ fhe rig~ts or options {~erein ~
pme~ic~e~ s{ia~~ not constitufe a~nai~~er of any rights or oplions un~er saic~ notp o~ ttiis mortgnge acauecl or -
f{~vrenjl~r accruing:
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{ Dn 1V~~~S ~hereof~ tti~ satc~ mo?fgagor has tiereunto signe~ and spalec~ these prespnfs the ;
I~' ~~a~ an~~ yr~r f irsf af~ora tnritten_ f -
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~ Signec~. s~a~v~ ant~ ~e~irP~P~~ in ftie presence o~: ~
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~ STATE OF FLORIDA, ~
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~ cot~~TV c~F St. Lucie
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I IIEREBY CER7'IFY that on this day, befon me, an
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~ ~ officer duly authorized in the Stat~ aforesaid and in th~ Countp aforesaid to tak~ aclcnowledqments, p~nonally appeared _
~ Judy M. Hamilton, joined by her husband, John W. Hamilton i
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,i ` to mr knoNn to Fx- the pr•rson S described in and who ~xecuted thc for~QOing instrument and they acknowkdqcd
be(or~~ me that they etccuted the same.
~ 1\"IT\ESS mg hand and official seal in thr County and Stat~• last afor~said this ~y d~Y ~
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February ~ D 19 74 ~
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