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and shall pe?Jurm, rumply u~ilh a~id ~6~da 6y each ancl ei~ery the ngreements, slipulatioris, condilto?u and
conennnls Il~ereof, antl o~ fhis mo?t~ape. Ihen thia mortAuge and tl~e estats here6y.createcl, shall cecue, ds- t
te~mine Af1~ ~P null and i~oid. - i
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~11111 the morfgano~ ~erirhy ~urt~er covennnft w~d ae~ees to pay prompl~y when due II~. principul and }
lnterea! and oltier sums of money provlclecl ~or in aaicl nofe anc~ ttita morlgag~, or eilher; to pny a~~ and ~
aingu~a~ I~e IQXPl, assessmenls, ~evies, ~tabi~ifies, o6li~alions, anc~ encumbrances ol every naiure on said pro- ~
perly; fo pe~mil, commil o~ su~~er no wasfe, impai~ment or deterionafion o~ aaid ~and o~ fhe improvemenls ~
ll~errcn a1 any time: to ~reep fhe buildin~s now or I~e?twjter on .aid land. f ully insure~I in a sum oj not ~eas ;
Ihan MAXIMLaNI INSURABLB VALUE i
tn a company or companies accppta6le to Ihe mwtgagee, the policy or policie~ to b. he[d 6y, and paya6ls ~
to, sutd morlgagee, and in ll~e event uny sum o) money 6ecomes ~ya6l~ 6y virtue oj such insurance the > ~
morlgagee sF~all ?~a~~e the ~ight ta receive and apply 1he same to tl?s inde6tedness hereby aecured, occounling
fo Ihe moHga{~or ~or any surplus; to pay n~~ cosfs, charges, and expenset, inc~uding lawyer i f
eea and ttt~e
searches, reasona6ly incur~l or paid 6y 16e mo?Igugee 6ecause oj t6e jailure oJ ~he mo?tgagor to prompily
ane~ ~u~~y eomply wii~ t~e agreemenls, sltpu~aftons, conc~itions nne~ covenanfs o~ saicl nofe nnd t~ia mo~tguge.
or eifhe~; !o perjorm, comply witF~ and a6ide 6y eacl~ and euery !he agreements, sfipu~ations, condlfions ond
covenants set Jorih in said note and lhis mortgnge or eilher. ln tke event ll~e mortgagor fails to pay when
due any tnx, assessment, insurance premium or of~e~ sum of money payab~e 6y virtue o~ said nois and this
mortgage, or eil~er, the morfgagee may pay t{~e same, wifhout wn~ving or a~(ecting Ihe opfion lo Jorec~ose
or any otl~er right hereunc~er, and a![ suck puymenls shall 6en~ tnterest (rom date thereoj at the htghest law-
(ul mte then allou~~/ 6y ~h~ lau~s o/ the State oj Florida.
any sum o~ money {~erein re(errecr lo be not prompt~y paid wit/~in thirty days next ajler
the same becomes due, or i/ each and every the ng~eemenls, stipulaiions. conditior~.s and covenants oj said
note and ihis mortgage, o~ eilher, are noi fully performed, complied with and abtd~d 6y, then the enlire
sum mentioned in said note, and fl~is mortgage, or the entire 6alance unpnid tl~ereon, sf~all jorthwifh or
thereaf te~, at th~ opfion o) tl~e mortgagee. 6ecome and 6e due and para6le, anyil~tng in said note or I~erein
to Ihe contrary nolwit{~sfnn~ing. ~ai~ure 6y t~e morlgagee !o exercise any of the rig~ts or optioru herein
provit~ec~ sha~~ not consfifute n wai~~er o~ any rig~fs or options unc~er said note or t~is morfgage accrued or
ftierea~le~ accruing.
~n ~itness ~hereof~ t~e sei~ morlgagor ~as {~ereunto signet~ an~,sealecl fhese preaenis tF~e
~{ay ancl year ~irst ahone u~rilfen.
Signed, sealed and elinered i il~e presence of : r
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._n~a.~~..._---------------
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' ~ Martin Dougla Webb
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.l~~~t.~ -Q~
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I~~ Marlene Faye WebbJ
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STATE OF FLORIDA, ~
coL'NTY OF ST. LUCIE
I HEREBY CERTIFY that on this day~ betorc me~ an
of(icer duty authurized in the State aforesaid and in the County a(or~said to tak~ acknowledgments~ personally appearcd
MARTZN DOUGLAS WEBB and MARLENE FAYE WEBB, his wife, .
to mc tnown to b~ the penon S d~scribed in and who executed the for~going instrument and tYl@y acknowkdged
betorc me that they executed ehe same. ~ ' s,+_;'.
1Y1"1:1iESS my hand and official seal in thr County and Statc last aforesaid this ,l~~ u~ j~ da~ ot
• ~ .i~ •
April, A. D. 1974. ..~•'~~~3~1..:~ b,~;'-,,-.
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