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uRC~ sha~~ per~orm, comp~y with and a6tde 6y eacti and euery the agreemenfi, stipu~atloru, condifionr and ~
ca~enants thereo(, nnd oj lhts mort9oAs, then this mwt9age and ths estate I~sre6y cTCated, sl~a!! cews, de- x
te?mine and be null and void. '
ff~e mortgaflor hen:6y ~uNl~er couenanfa and agreea fo pay prompt~y when due ths p?1nclpo~ nnd
inter+rsl a~d ofher sums o~ money provtded lor in aald note and thb morfgage, or eittier: fo par o~~ and
stngu~ar tl~e taxes, assessments, tevtes, lia6ilities, o6ltgations. ~d en~urn6~~~ ol every nature on said pro-
pe?!y; fo permil, rnmmit or su~~er no wnsfe, impairment or deteriorallon o~ aaic~ ~and or the improvemenb
Il~erecn at any time: lo Ireep tF~e 6uildings now or herea(ter on said tand jully tnsiu+ecl tn u sunn of ~of Ieaa '
;
than
in a company or compnnies acceplab~e to ttie mortgagee, fhe pollcy or po~icies to be ~e~ by, and ~yable
fo, saicr morfgagee, nn~ in tl~e event any sum oJ money becomes ~ya6l~ 6y virtue of such insurance the .
mortgugee sl~nll have I?~e right to receiue and apply tl~e same to the inde6ledness here6y secured. accountin9
to !he moHga~or (or any surp~~~.s: to puy a~~ cosfs, chorges, and exper~ses, tncluding ~awyer
s~ees and iftle ~
sQaMItPS, reasona6ly incu~[ o~ ~,~d 6y ~hF morlgagee because oj the ~ailure o~ tl~e mortgngor to pmmpt~7r ~
aner ~u~~y comply wifti tf~e agreemenls, stipu~ations, concjilions anc~ eovenants oj soid nole und tl~ts mortgage.
or eif~er: to per(o~m, comply wit6 and a6tde 6y each and every !he agreements, sfipu~utiona, conditions and ;
covenants set forfh in said note nnd ttii; mortgage or eiff~e~. ~n fhe evenf fhe mortgagor fn~l~ to ~y when '•i
c~ue any tax, assessmenf, insurance premium or ofher sum o~ money pnya6le 6y virlue ol suic~ note anc~ ihis
mortgage, or either, the morlgagee may pay tl~e same, wif~?out waiving or af~ecting fhe opfion fo ~orec~ose ~
or any olher rigF~t I~ereuncler, and alI such payments shall 6ear interest (rom dale thereof at 1he ~igkest !aw- ~
(ul rate ihen allou~ed by the laws of the State o) Floridu.
~l any sum o~ money I~erein re(erred to be not promptly paid within thltty days next a/ter
t{~e same becomes due, or if each and every ihe agreements. stipulations. conditions and c~ovenants oJ snid ~ i
note and 16is morfqa~e, or eitl~er, are nol /ully perJormed, complied with and ab~ded 6y, t{~en fhe enlire
sum mentioned in said note, and this mortgage, or the enline balance unpaid tl~ereon, sl~all jorthwii6 or
tl~ereafter, at the option oJ Ihe mortgagee. 6ecome and 6e due and pnya6le, anything in said note or herein
to ihe contrary nolwithstanc~ing. Fai~ure 6y ~he morfgagee to exercise any of fhe rig~ls or options ~erein ~
proi•ide~ s{~a~~ nof constitute a waiver o( any rig~ts or opfions unc~er snicj note or Ihis Irto?tgage accrued or [
t{~ereaJfer accruing. ~
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~n f{~e saic~ mortgagor ~as herrunto signe~ ancr sea~ed t~ese presenls fhe
c~ny an[! yeur first a6o~~e u~ri!lcn. r~
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Signed, senletl and delinered in !he pr~sencp of :
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STATE OF FLORIDA. ~ ~
COliN'I'Y OF gT. LUCIE ~
I HEREBY CERTIFY that on this day. beforc me~ an
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offic~r duly authorized in the St~te aforcsaid and in the County a(oreuid to take ackaowledgments~ personaUy appearcd S
JACY. W. LASSITER and PATRICIA D. LASSITER, his wife ~ i
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to me known to be the person S described in and who erecuted t6e toregoing instrument and tllE'y acknowledged ~
before me that they exccuted the same.
,K Y
1~'I1'NESS my hand and o(ficial seal in tF~c County and Sate last aforcsaid thu aa!''
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- July A. D. 1974 ~y
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