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/ a~d shall perfonn. comply wifh and abrdo 6y eacl~ and e~~ery fti~ agnemenfs, slipu~ationa, rnnditiona and i
eove~ants thereo/, nnd o~ thia mortgage, tl~en thb mort9age ar?d Iha ~:late here6r c?eat~d, iholl cea~e, d~-
termine and be null nnd vo1d.
~nd tka morlgaflor i~en+by jurt6er couenants and agrees to pay promptly when dw thf princtpal and
inferps! and otl~er ~ums o~ money provfded ~or tn said noto anc~ fkti morfgage, or eilher: lo pay a~~ and
singular f~ee tnxes, asaetsmenfs, ~eviet, ~ta6t~ilivs, ob~Igaljoru. nnd encwitbr+ancet o~ every nature on satd pro-
perty; to permit, cornmJ! w su~~er no u~asto, impainnenf or dtf~?io?afion o~ said lond or ftie tmprovementa
fi~ereon at any time; !a ~eep f{~e bui~irtgs nou~ or ~e~rajler on ~ard bad Ju~ly Insure.~1 In n sum o~ not ~sss
~I~a~ hiqhest insurable value---------------------------------------
in a eompany o~ companies accepta6le to the mo?lgaget, the policyr or policies to 6e held 6r. ~d ~yabl~
to, salc~ mortgagee, and in f~e evant any sum o~ money becomea ~rab[e 6r utrtue o~ tuch insurance t1~e
mortgagee s1~al~ have fhe rtgl~t to recetoo nnd apply t1~Q sam~ to tl~s inde6tednesa hare6y secured, acrnu~fine
to ttie morfgagor (or any surp~w: to puy a~~ coats, charge~, and axpontes, inc~uding ~awyer s~ees and tit~e
senrcl~es, rensona6ly Inciarecl or paid by t6e mortgages bec~ause ol f~t ~ai~ure o( fhe morfgagor fo prompl~y
anc~ f u~~y comply wilti Ihe agreemenb, stipu~nttons, rnnditions and c~ovenunts oJ sa~d reote and 11~ti mortgage.
o~ eiltier; lo perjorm, comp~y with and abide by each nnd euery the ng?eemenb, sfipu~ntio~s, condifions and
covenonts set ~ort{~ in saicl note and ttiis. morfgage o~ eit~er. In t~e event !he mortgagor ~ai~s to pay u~/?en
due any tax, asselamenl, insurance premium or ot~e~ sum o/ rnoney payable br utrtue o/ said nofe and f~is
mortgage, or eilher, Itie mortgagee may pay ftie same, wtttiouf wniving or a~~ecfing ttie opUon b(orec~ose
w any other right ?~ereunder, and ull such paymenb s1~n11 6enr inlerest f
roM date t6ereo~ af fhe I~lgF~esf Iau•-
~ul rate then allowed by fhe laws o/ tl~e State of Florida.
any sum o~ money herein ?r(erred fo be not pnompt~y paid witkin -30- ~ays next a~ter
the same 6ecomPS due, or i( eacf~ and euery the agreements, stipulations, eonditions and eovenants oJ said
note and this mortgage, or eitl~er, are not (ully performed, c~ornplied with_•and abtded 6y, tl~en the entire
sum menlioned in aaid note, and this mortgnge, or the entire 6alnncy unpaid the~eon, s6all Jortl~witl~ or
therea~te~, at t~e optton o~ t~e mortgagee, bec~ome o.~d 6~ d~ and ~yn6l~, anyfhing -in snid rtote or I~erein
to !?~e conir+ary notwiflutanding. Fuilure br tlie mor~gugee to exerciae nrer o~ ftie Rghfs or options kereln
proviclecl s~?a~~ not constilufe n waioer oj any rip~fs or oplions unc~e~ saic~ note o~ f~is n~oMgage accruecj or
11~ereoJler accruine.
.~n ~itness ~hereof~ fhe snid mortgngor f~as hereunto signed and sealed these presenls the
c~ay an~ year ~irst nhoue wriflen.
Signed, sealed and deliae~ed in the prosenco oj:
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Dougl~ H Rerr
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oan Kerr
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STATE OF FLOAIDA. ~
COU.~iTY OF ST. LUCIE
I HEREBY CERTIFY that on thi: dar. before me. an
o[(icer duly authorized in the Stat~ aforeuid and ie the County a[orcsaid to tak~ acknowkdqments~ personally appeared
DOUGLAS H. KERR and JOAN KERR, his wife,
:
•1 .Ki~ro~.
to mc known to br the penon g descr'bed in and who exeeuted the (ortgoing instrument and th@ •
. .~J-~ "C ~
betore me that they executed t6e same. '
W[T~ESS my hand and o(ficial sea) in the Countr and State la~t a(oresaid this ~~a~ f~~1t d ~
•v~ "
ALICJL1St A. D. 19 75• ^~O~L'-,, G' ~ =
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€ ~ry, _ .~•,-_.,b'1 :
f ---(/1-~. . - Q ~ .
. _ - ....y..~ -`r._._.°---••-°: '
i NOT Y PUBLIC, State -'~c#~~~~ .
; as aforesaid. ,
~ My Commission Expires: ~ -
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€ Not~~y v~~r~. s::~~~ of ~;~•a~a at rgs
~ . Mr eomm~...,:. :,~:~•.s ~e~i 22, 1978
Bonded by Am=r~.on firo 8 Gasuaifr C.e.
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~ T'liis hu~ue~etr~l~~ijl~?epared br ~
Ro~~ M. u~?d of o R 242 PacE~407
~ NEIII GP,IFFlV IEFFRiES & LLOYD ~~~X
~ 124•A tto. Znd Street
~ fo~t Pierce, ftorida ,
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