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and sl~a~l per~ornt, comply wirh and a6tdo 6y ~f~ nnd every th~ ng?~teretnts. ~tipulaiioru, conditior~a nnd
covenants Ihertoj, and oj thli mortgage, thvn ihia ~atgu9s and eh• ~atute I~er~e6y cnat~d, al~nU cewe. d~-
termine and 6~ null and uotd.
~ the mo~tgago~ 6er~+6y /urther eovenanb and agrees to pny prontp!!y wl~en dw tk~ principal and
interest ana ot~e~ tums o~ money providec~ lor in iatd note and tl~la mwtgng~, or etltiw; to pay n~~ and
singu~ur the faxes, assersmenti, ~euies. ~lnbi~ittes, o6~ipaltons, onc~ encumbrwncea oj every nalure on said pro-
perfy: to permif, c»rnmlf or su(~er no wwte, tm~wirn~ent or deferiorntion of satd land or !h~ improu~menb
thereon af any tire~s: !o ~eeep t~e bui~ings now o? hen~~ter on satd land /uQy fn~ur+e~I tn a sum o~ not ~eu
than F`ourteen Thousand Seven Hundred Fort}~ -Three Dollare and--20/100-----
in u eompany or rnmpantes acceptab~ to the niortgages. Iha po~lep or po~lcles fo be held by, and payn6~
to, satd mortgngee, nnd in ll~e euant any aum o/ money becomea payable by utrtue o/ tucl~ tiuuranc~ t6~
morlgagee sl~all hnue the rtgl~t to receiue und npply tke same to tht inde6tednesa l~e?eby secu~d, aec~ounting
to f~e mo?Igagor /o~ anq surplw: to pay a~~ costs, ctiarges, and expensss, inc~uding ~awyeis ~ses and tif~t
searcl~es, reasonnb~y incurred o~ puid by the mortgugee because o~ f~e `ni~ure o~ f~e mortgagor to prompt~r
and /ully comply wit6 the ag?eements, sfipulatfona, condittons and c~ovenants o~ soid note and thti mo?lgag~.
or eilher; fo pe?~orm, comply witk and abtde 6y e.ach and euery t~e agreemenb, aftpu~ntions, co?tc~ittons nnd
co~enanls set jortl~ in said note and this morlgnge or either. ln the euent the mortgago~ /ni4 to pny wl~sn
due any tax, asseaament, insurance premium or othe~ sum o/ money pnya6le by virtue o/ said nott and tl~is
mortgage, or either, t{~e mortgagee moy pny the same, without waiving or a~~ectittg the optton M Jorecbse
or any other rigl~t hereunder, and all such payments sholl 6ear interest (rom dnte 11~er~eo( nt tke hightst Iaw-
~u! rate then allowed by the laws oj the State o( Flo~tda.
ll nny sum o~ money herein rejened ~0 6e not promptly paid witl~tn 10 dor, next a~ler
the same. 6ecomea due, or i/ eacl~ and euery the agreemenls, stipulntions, condttions and co~enanb o/ said
rtote ancj Ihis mortgage, or eif{~er, are aof Jully ~~(ormet~, comp~ied wit/~ nnd abided br. t~en th~ entlre
sum mentioned in said note, nnd fhis mortgaga, or the entire balanee unpoid tlwnson. :ha11 /orth~,t~h or
therea/ter, at !he optton o~ fhe mortgagee. 6eeome and 6e due and pnya6le, nnyt~ing in satd nob or ~t?etn
fo t~e confmry notmitlutanding. Failure by the morfgagee to exercite anr o~ fhe rtghts or opttons kerein
prooided sha~~ nof constitule a waiuer o~ any rig~ts or options under said nofe or f~is mortgnge nctirued o~
I~ereet(ter accruing.
~n ~ILII~ W~~`~ the satd mortgagor /~as tiereunfo signec~ nnd sea~ these presenls the
day a~d year f
int a6ove u~ritten.
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Signed, sealed and delinered i~~e presence o{: ~
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, - 7 o et Krause
. ....._...~,t..~.~_.a~
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, ` ohanna Krause, his wife
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! STATE OF FLORIDA. ~
COUNTY OF
~ St. Lueie i HEKEBY CERTIFY chac on this day~ betorc me. an
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of(icer duly authwixed in the Stat~ a(or~said and i~ the County aforesaid to take acknowledgments~ perwnatir appeared
Horst Krause and Johanna Krause, his wife
~ to me known to be the prrson descr'bed in and who executed the [oregoing instrument they a~k~~a~
p
before me that they cxccuted the same. . -
~ WITNESS my hand and o(ficial seal in the County and Sute lait atoreuid this 28t~ `j:~, !f,i . ~ rda~ of
s ,
~ October A. D. 19 ?5 ~'3.: -
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~ F g~~ ~ ; ` .~R Notary PubRc, State of C1r.rWa'- a ~ ~ -
~ R.^• 1~ t~SY Comm~ss~on Eup~res Au C~'~'
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~ 3;~~ ~f 5
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~ !lits I~t~ninrcnl n• r~~l h :
~ p p~ y Shirley J. McSwain, First National Bank of Fort Pierce
~ ~~,/,jR-u Post Office Box 970 Fort Pierce, Florida 33450
~ ~'~5 ~~~F17~3
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