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nn~ shall per(orm, cumply ~oith and a6ide ~y eai•1~ an~~ ~~•ery 11~p agreements, stipulalions, condiliont and
~o~•enanfs f~e~eo~, an~ o~ ltiis morfgage, I~ien ftii~ mortyafle anc~ fhe eafafe hPreby neale~, stia~~ cpase, de-
termine ond l~e null and void.
~n~ ItiP morfgaryor herohy ~u?t~e? covenanls an~ a~rees fo pay prompl~y iv~irn ~~ue ~hp P~~?~c~Pat and
inf~rPSf ~n~ ofhe~ sums o~ money provi~~ecj for in sai~ nofe anc~ Ihis mort~a~e, or eifher; fo pay a~~ and
si~~ul~r II~e tnxes, assessmenls, lpt~ies. ~inbililies, obligalions, a~d encumbrances o/ enery nolure on said pro-
perfy: to pprmil, commil or su~~er no wasfe, impairment or deleriornfion o~ saic~~ ~an~ or Ihe improvemenls
fti~~rnon af any timp; to ~revp fhe hui~~ings now or ~ereaJfer on soi~ ~anc~ (u~~y insu~P~~ in n sum o~ nof ~ess
t1~an
in a company or companles accepta6le fo !he mortgagee, the polic-p or policies to 6e I~eld by, and payu6le
!o, said mortpa,yee, and in tl~e euent any sum o) money 6ernmea ~ya6l~ 6y i~irfue oJ such insurance tl~e
mo~Igagen :hol! ha~~p Ihe right lo recetve and .npply tl~e same to flee indebtednesa here6y secured, nccounting
fo ftie morfga~or ~or any surpjw: to pay a~~ cosfs, ctiarpes, and expenses, inc~u~in~ ~au~yer~s (ees an~ iif~e
sParc{u>s. rP~sona~?~y incr~rre~I or paitl by the mortgagee 6ecause of Itie ~ai~ure o~ Ihr mortgagor to prompl~y
an~ (u~~y comp~y u~itk 1~ie apreements, stipu~aftons, condttions an~ covenanls o~ said nofe an~ f~is morfgage.
or ~ilher; fo pvrform, i-omply ivith and abide by eacl~ and euery f~e ogreemenfs, stipu~afions, condifions and
roi~enanfs sef ~orfh in said nofe nnc~ ttiis mortgage or either. In fl~e et~ent the mortgagor (ai~s !o pay u~hen
c~ue any 1ax, assessment, insurance premium or otl~er sum of money payable by t~irtue oj sai~ nofe an~ lhis
morfgagp, or Pitf~er, f{~e morfgngee may pay (~e same, wiltiouf waiving or a(jpcting the oplion fo ~orpr~ose i
ur any oll~er tigl~f I~ereunder, ant~ nll such puyment: shall 6ear inte~e~t /rom date thereo/ at 1he highest lau~- ~
(uI rate !?~en alloined by the lau~s o~ fhe $late o~ Florida.
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D` any sum o~ money ~?erein refpne~ to be nof prompl~y pnid wifhin ~nys nex! ajler
th~ snnie 6P~•om~s clue, or i( eacl~ and pvery fl~e agreements, slipulalions. conc~ifions a?id covenants o) said
note and t{~is morfy~ge, or eit{~er, are not fully performed, complied wifh and a6id~d 6y. lRen the entirP
sum mentioncKl in said note, and lhis mortgagt, or Il~e entire balance unpaid thernon, shall (o~hu~~~h or
t~erea~ter, at f~~ opfion o~ Itie morfgagee, bec~ome and be due qnd pnquble, anyfhing in saic~ note or tierein
fo the confrary notwif/~slanc~ing. Fai~ure hy the mortgngee to exerrise nny of the rigtifs or options herein
provi~ec~ stia~~ not consfih~fe a u~aiver o~ any rig~ita or opfions under snicr n~fp or ttiis morlgage acc~uea or
. f{~eren~fer ac~n~inA.
~n ~~lll~ ~hereof~ Il~e snid mortgagor I~as {~ereunto signed ancl sPnlet/ tliese presents t{~e
~ay anc~ yP~r Jirsf aho~~e u~ritfen. ~
Sign , e d nd elii•e d in~presence o(:
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~.......c.......-.• - - - J~1i J(~j•'~ .~-~1 ~-~r-~. . . . _ ~
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, ~ . Itus..ell J. Horsley ~
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~ Nanc Sue Horsley
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' STATE OF FLORIDA, ~
~ COLYTY nF MA R TIN
; I HEREBY CERTIFY that on this day, before me, an
~ o(fic~r duly authorizrd in the Stat~ afor~said and in the County aforesaid to tak~ acknowledqmrnts, personally appeared
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kUSSELL J. HOhSLEY and NANCY SU E HOitSLEY, his wife
ks to m~~ known to be the person S described in and who eaecutcd the (or~qoing instrument ar.d t}ley acknowledg~d
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b~forc me that they cx~cuted the same.
~ ~Y(T~ESS my hand and official seal in the County and State last a(or~said this ~ 6~ day o(
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s~ I?ecember .a. D. 19 77.
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~s "~~s.`~c~l~~t.a.~ , ;
Notary Public
~~j ~~0.~~~ My Commission Expires: 3 a,(,~p,
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~ ~ ' . f~cED ~kn ~ECC~,,:~: ~0 ~10 RECONDE..
, ET.LUClE CO!:H*Y F•_~ llICI COUM71f FL~
; _ o^G~' F,•~'~tc ~06En PO~TR~~
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~ . " . ~ ~ j ~n ~~1(' U~~ Z~ 2 2d ~H ~ 1 ~ _
r., Th~s Inurr~~ii~m~phpr~r~~l hy: MacMILLAN AND SHEAh, P, A, -
_ ~,/,/n,~~ . ' 1074 NE Commercial Street
~ 388109
Jensen Beach, Florida 33457 ~ ~
- ~ ~ ~ : NEIL W. MacMtI.LAN o~QK~~ PAt;E ~ ~
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