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an~ sha~I pe~~orm, comp~y u~ilh and a6ide by each nnd e~~ery the agreemenfs, sfipu~ations, rnndilions and ~
conenanls thereo/, and o~ ll~is mortgage, tl~en tl~is mort~age and the e~tale ke.~br created, ihall cease, de-
lermine and 6e null and void.
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71n~ ftiP morfgaflo~ he?aby ~urlher covenants ancl ag?ees fo par pron~pfly whpn due I~o principa~ and
infe?es! and oftie? sunu o~ money provielecl Jor in saic~ note and ftii~ moNgnge, or eit~er; to pay n~~ and
iingu~ar t{~e taxes. waeasments, levies, ~inbi~if~es, obTigations, and encum6mncet oJ euery noture on aatd pro-
perly: to permit, commif or suj~er no waste, impairment or dete?ioration o~ aQitl Ian~I or ttie improvements
Ihereon al any fime; fo ~eep 11?e buildings ~ow o~ he?paJfer on said land ~u~~y tnsured in u tunt o~ no) ~ess
~han Thirty Thousand and no%i00 Dollars ($30,000.00~
in a company or companies acceptable to Il~e ~nortgugee, Ihe poltc~r or policies to hetd 6y, ~d poyabt~
~o, snid mortgagee, and in t1~Q event any sum oJ money beoomes ~ya6t~ 6y uirtue oj such iruurance tl~e
mo?lgagee shall 6nne fhe ?[ght 1o receive and apply tl~e aame to tl~e tnde6tednea: hereby secwed, aceounting
to t~e mortgugor (or any aurplus: to pay u~~ eosta, ctiarget, and expensei, inc~tu~ing ~uwyer s~ees and dt~e
senrc{~es, reasonably inc~ured or paid by the nwrtgagee because o~ fke rai~ure of fhe mortgaew to prompl~y
and Ju~~y comply wit{~ the aereements, sfipulafions, condittohs ond covenanta o~ snic~ note ancr l~It ~nortgage.
or either: to per(arm. comply wtth and abide 6y each nnd euery the ngreemenb, stipulnltons, eondiitons und
covenantt set ~orfti in said note and this mortgage or eitl~er. In ftie euent t~e neortgagor ~al~s !o pny u~hen
dus any twc, asse~ament, inswnnce premium or otl~er swn o~ n~oney pajrable 6y virtue of said note and tkis
mortgage, or either, ftie morfgagee may pay the swne, ur[f~out watving or uJ~ecting f{~e oplton to jweclose
or any otl~er riql~t hereunder, and alI such payments si~all 6ear interest /~om dnte tl~ee+eo/ at the Rig6est law-
(ul rnte then allowed by tl~e laws oj t1~e State o/ F1o?ida.
any sum o~ money he?ein re(erred lo be not prompf~r pait~ within thirty days next _a~te?
the same 6ecome~ due, or i( earl~ and'every the ogree~nents, stipulations, conditions nnd covenanls oJ aaid
nofe and this mortgage, or either: are not ~ully pe?/ormed, complied witl~ ,and n6tded br, t1~tn the en~ire
sum mentioned in said note, and this mortgage, o? tl~e enline balance wipaid t6ereon, sI~nII jorlhwith or
therenjter, nt the optton o/ ~e mortgagee, become ~d be d~ ~d ~ra6l~, nnytl~ing in sai~I note or ~erein
to t~e contrnry notwithstanding. Failure 6y tlte rnortgagee to exer+cite any oj !ke r,ig~fa or opHons ~enin
proaided s~a~j not rnnstitute a waiver.oJ nny ?ig~ts or optiona under suic~ note or f~is n~ortgnge acm~ed or ~
therea jte? nccruing. .
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~n ~~Lll~ ~Il~C~O`~ !tie 'said morlgagor hat tiereunfo signec~ and sen~ t~ese presenls the
c~ay anr~ year ~irst ntio~e u~riften.
S~gned. sealed and del~~~~gd in the presencv o~:
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STATE OF FLORIDA~ ~
Covrrrx oF St . Lucie
I HEREBY CERTIFY that on this dar.~ before me. an
o[ficer duly authorized in the Stat~ aforcuid and in the County aforesaid to take ackoowkdgmenb~ penomllr appeared
Carlton W. Ford and Grace C. Ford, his wife
to me known to be the person described in and who executed the [ortgoins instrument and tIl@I/ acknowkdaed
before me that they executed the same.
WITNESS my hand and otfici~l seal io the Counry and Swte last a(oresaid this 24th d=r ~
June A. D. 19 76
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'....r.•'•
~.7pTbRY PUEtiC °TATE CF f!OR:vA AT [Akvc
MY CC:~h':~_S;Ct~F EXF:~c~ F:B. 8 14•'7
lC;:C•EO i!iAU G`_ticRAI ifi:U'A!:CF V~i'v:(lW~1T~7!~Y 4
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State documentary stamps ~ . .
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affixed to original note . ' ;
~ HtCOF~EO ~
F?lEt AN~ ~ ti
ST.II~CiL(~UM~TsI ~ _ . r,~~ ,j`-
RGC"~ ~RT ~ ' : = _
CLfPK Cir.'.:Uti GO' s.r
oFC^.P~ YF°'="ED~r~~- . .G` s` • =
• • . ~ • ~ r T~ •
~ ~IIN~i 25 10 0~ AN'~ 6 _ . ~ ~ ~o~
Tlirr I,urruma~r prrp~rrrc! by: ' ' '~F,
~ pF .
Adrlrr.cs ` ~ ~
33~322 ~ Pa~
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