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nnd sha~~ prrform, comply u~it1~ and a6itre by encl~ ant~ e~~e?y the agreements, sllpu~atio?u, cont~itioru nnd
c-oi~enanla thereo(, and aJ thia mortpag~. 11~en t{~is mortpa9e and the estale hereby cnatvd, ahall ceas~, de-
tp~mine and be null an~ voicl.
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n~ ftie morfgaflor herohy ~urlher covenanfs nne~ ugrnes (o pay prompf~y when tlue tltt p~Incipol artd t
inferea! an~I otFeer aums o~ money provic~ecj ~or in said note and fhti mortguge, or eit~e?: fo pay au nnd
singu~nr the taxes, wapss~nenls, ~evies, ~in6i~ilios, obllgnflons, and encumbroncei of every ~afure on sa~ pro-
perly: lo pe?mif, commlf or suf~er no waafe, lmpoirment or c~eterlor~ation of aaic~ ~and or t~e improvernenfa
f1~e?pon af any time; to ~reep fhe I~uil~I~ngs now or tierra(ter on ~a~d l~Rd JuIIy Irts~u~I tn a aum o~ not ~ess
than Fifteen Thousand and no/100-----------------------------
in a company or companles nccaptab~o fo Ihe morlgagee, ftie po~Ic~r o~ po~tctea lo be {~eld 6y, w~d ~ya6t~
to, iaed mortAaflpP, vnd in ttip event anr swn o! monep 6ecomes vara6l~ by vtHue o( such inaurance tl~t
mortgagee s~o~~ have ftie ?tg~?t to receive ond apply t1~e sa~ne to 11?o inde6tednsa~ here6y aecwed. acrounfing
to ttie mortgapor (or onr ~urp~us: lo pay nQ cotla, ctiutges, at~ expenaei, inc~ttding ~nw~ i~eet n?td tit~e
sea?rh~s. ?pasona6ly incurred or pa~d by ~he mortgagae because oJ tk~ ~ntlure of the mortgagor to prompflr
anc~ ju~~y comply wil~ fhe ngreements, stlpu~aflons, c~oru~ttioru nne~ covenants o~ ~nid nofe and tl~is mortguge. ~
or eif{~er: io per~orm, comp~y wltl~ and a6ide 6y eacl~ and every the ugreemenb, atipu~ations, rnnditions and ;
ro~~enanls :et Jorth in said note nnd this mortgage or eilher. In the event !he morlgagor /aib 1o pay w1~en
due any tax, asseasmenl, insurnnce premium or ottier sura o~ money payo6le 6r virtus o~ snid note ar?d this
mortgage, or eifher, t~e mortgagee may pay !he snme, without wntving or aifecfing f~e opiio~ to forec~oae
or any o11~er rig1~! {~e?eunder, nnd al~ :~h ~rmen~ ~I~n[I 6ear interest jrom dnte ll~eneo~ a! the I~ig6est ~aw-
~ul rate t~en allowed by t1~e lows o/ tlee State oi F~o?ida.
~f y 1 1~ n P r wl thirty y I
an sum o money hp?ein re err to 6e not rom t! id within da t next a fer
!tie same 6ecomes c~ue, or i~ each and PI~E~rj? I~2 ugreements, stipu~ationt, condilions ancj covenanb o( snid
note a~d this morlgage. or either, are not /ully perfonned, complied with -and ab~ded by, t1~fn !he enftn
aum mentioned in inid note, and ehts mo?tguge, or the entire 6nlnnot unpnid therron, shnll (orlbwith or
tl~e?ea(ter, a! tl~e option o/ tRe mortgagee. 6ecome and be due and paya6le, anrtl~ing in :aid note or I~eretn
fo !tie contrary nofwifhsfanc~ing. Fai~ure by the mortgcqee fo exerciis any o~ I~e rigtits or options kerein
provic~ec~ s~a~~ not constifufe a u~aiuer o~ any righfs or options under said nofe or f~ia moNgage accrued or
fhereajler accruing.
~n ~lUl~s WIK~[Ol~ ttie sald mortAagor ~?as {~ereunfo siqned and sea~ ltiest presenls fhe
day an~ year jirst a{~ov¢ written.
Signed. sea~ed and det~~~p.pd in tl~e presenco o~: ~ ~
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STATE OF FLORIDA, ~
COUNTY OF
St . Lueie 1 HEREBY CERTIFY that on tbis dar. betorc me. an
~ o((icer duly authorized in the Stat~ aioresaid and in the County a(or~said to ak~ ackoowledgmenti, penonaUp appeared
Joram O. Petersen, a single adult
~ to ~n~ known to br the p~rson deuribed in and who executed the foreqoing instrument aod tl@ acknowrkdaed
~ before me that he executcd the same.
_ WITNESS my hand and official~ seal in the County and Sute last aforesaid tAis 29th d~r ~
4,
' September 76 _
~ A. D. 19 .
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