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and shaA ~~er/orn~, comply icitli und al,ide hy c~ucA uiid cccr~ Ntc u~;rccmc?its, sti~~ulafioru. runditioru and
coucnunts N~ercot, und oj Ihis n~o.-f~;o~;e, fl~en 11~is mort~a~c und fhc ~~stutc l~crel~~~ ~reutcd, s)~n11 ceare, de- ~
termine and be null aut uaid. ~ •
~nd tl~e mort~;a~;or )+ereL y~urther coucuants un~! u~;rccs to Jw y prom pN~ when due the pri?~cipal ond
interest and otl~er symis of monc~ ~~rouided /or in said iwte urul N~is rnort~;age, or citl~er; to ~~a~/ all a?ul
singular the taxes, cusess~»ents, leuies, lial,ilities, pI)II€;llll()?IS, (111(I Cf1CY1ll1I)/QIlCCS Of Cl:Clt~ IIQ~UYC OR SUlll ~fON-
erty; to ~~ermit, comrnit or suBer rw uasfe, iu~jwirment or deterioralion of saicl lantl or tlie improoements
thereon ot any time; to keep the buildin;;s no~c or l~ereu/ter on suuJ lan~t /uA~ i~uured in a sum o/ not less
than Twenty four thoueand and no/100
in a com~wny or com~wnies acceJ~tahle to fl~e mort~;a~;ee, tl~e policy or policies to l,e held I~iJ, a?ui Ew~~able
to, saitl mortga~ee, and in the et3ent anry ~~uu~ o/ nioney Lecori~es Jwyable Gy virtuc of such iiu~uance the
mortgagee s)~all have the ~i~;1~t to receice ond apph~ the some ~o llee in~lebtedness leereby secured, accounting
to ihe mortgv~or for am/ surplus; to ~wy a!! costs, eltur;;es, a~u! expenses, including la~cyer's fees urul title
searc)~es, reaso?wlily incarred or ~wid b~ d~e mort~;u~;ee hecause of the failare of tlie mortgagor to promptly
arul fully com~~/y ~cit/i llie agreements, stipulateons, co~u/itioru a?ul couenants of saul ~wte and N~is ~riortgo~;e.
or either; to ~~er/orn~, comply ~cith arut aGide by euch ancl e~~eri~ tlre a~reements, stipulations, co?uiifio~e.s and
coverurnts set forth in sai[/ note aiul tl~is mort~o~;e or eilGer. /n the e~ent the mortgagor fails to ~wy ~clien
due an~ taY, assessrnent, insurance premium or other stu?~ o/ ma~cy JxiyaGle Ly virtue of snid note nrul this ~
mort~oge, or eitl~er, tl~e »~orttiugce rna~ J~a~ tl~e same. ~cithout ~inivin~; or a~ecting the o)~tion fo foreclose
or nnr~ other ri~;ht hereuru~er, a~ul o!I such ~w~ments sliaU bear interest from date tli~reaf at the hi~liest la~c-
fuI rate then allo~ced by the la~~;s of the State o/ Florida.
an~ sun? o/ money lierein re%rred to be not J~romptly lwid ~cid~in thirty days next after
t1~e san~e I~ecornes due, or if eacG a?ut eoery N~e nbreements, sti~n~latio~~s, corulitions and covena?its of said
note arul t/iis mort~atie, or eitlier, are not fullJ ,~erforme[l, conepliecl uitl~ a~ul abided b~, the~i the entire
sum mentioned in saul rwte, ond il~is mort~u6e, or the entire balunce wi~wicl thereon, shall fortlncrth or
thereofter, at tl~e oJ~tio?i oj il~e mortbagee, become nnd be ~Iue arul Jxe~able, an~thing in snid note or l~erein
to t1~e contron/ not~citl~standin~;. Fnilure 1~~ the niort~atiee io exercise an~ of tGe ri~l~ts or oJ~tions l~erein
provirlec~ shall not constitu~e a ~caioer of an~ ri~;hts or options under saul note or t1~is mortgage acen~ed or
tl~ereafter accruing.
~n ~~~~5 ~h~~f
~ tlie said mort~;u~or has hereunfo si~;necl and sealed tl~ese pre~nts tl?e
daq arul ~ear first ahove ~critten.
Signed, s led and deliuered i?i tlie ~~rese?iee of:
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~ STATE OF FLOR[DA, ~
~ COt3NTY OF ST. LUCIE .
j I fiEREBY CERTIFI' that on this day, before me, an
~ officer dnly autM~rized i~ the State aforesaicl and in the County aloresaid to take acknoaledgments, peru~uaU}• appeared
¢
~ ROSCOE M. SHAFFER and LORAINE J. SHAFFER, his wife
~ to nH~ k~wan to IH• Ihi• ~H•rwm$ ~I~~x•rilx•il in :m~l ~c1M~ ~•~iY•~di•~I tIN~ (urr~uinK in+tnuni•nt aml ~ey ackiH~~cletl~t~l
~ Iw•fum ute• th.~t they ~•~~Y•~di~d thi• >a~n~•.
~ \VI"1'\F.Sti m}~ h:~nd :?nd ulliii:d .~•:d iu Ih~~ Cunnh :u~d Stati• I:t.t :d~~n•~:ud thi. LZtil da}' of
February 75.
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