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an~ s1~aII p~~(orm, cump~y wilh and a6iele by ench and ei~ery tl?e agreementa, ttipultitions, conditio?u nnt~
co~~ennnis Ihp~cwj, and o~ Ihis mor~~a4~p, then Ihi~ mwfpa~p and tl~e estate hP~P~,y crraled, si~all ce~se, de-
iN~~~~~~c~ ur.-~ ~a rat~~ .:r.;~
nl~l! f~e morfga{~o~ hrmhy (u~fhe~ coi~ena~ts and agrees to pay promplly when due Ihe principa~ and
interesf and of{~er sums oj money provtc~ec~ jor tn saic~ nofe ond !h(s mo?fgag~, or eif{~er: to pny a~~ and
singular the faxes, iusessmenls, IPVIPS, lia6ilities, o6ligalions. and encum6rances o( every nalure on said pro-
perty: fo permtt. t'ommit or su~je~ no u~aste, impairmen! or deleriorniion of saicr ~ant~ or f{~e improvemenis
thereon at any time: to ~PP~ t{IP I~uilclinAs noiu or hprt~aJlPr on caid lnncl )ully insured in a sum o~ not less
thnn its insurable value '
in n compnny or compa?iies accppta6le !0 1{ie morlgagee. Ihe po~icy or po~tcies to 6e held by, and paya6le
to, aaid mortpagee, nnd in tl~e ei~ent ony sum oJ money 6ecomes ~yobl~ 6y virtue o( such insurance thp
morlflatipe shal! ho~•p the ri9hf to receive and apply Ihe same fo tl~e inde6tedne~s here6y secured, accounting
fo 1{~e mortga~or ~or any surp~us; fo pay a~~ cosfs, c~arfles, and expensps, inc~uding ~awye~~s lees ant~ fif~e
searches, reasonah~y incu?rn~ or paid 6y fhe mortgapee 6ecowe oJ fhe fai~ure o~ Itie mortgagor to prompf~y
~ ant, ful~y comply wiflt Ihe agreements, stipulations, con~itions and covenanfs of said nole and lhia morfgage.
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or eif~er; to perjorm, comply u~ith nnd a6ide 6y each an~ euery f~e agreemenfs, stipu~ations, conc~itions an
covenants se1 (orih in said nofe and t{~is mo~tgage or either. In the euent the mortgagor (ails to pay wl?en
I~ due any tax, assessment, insurnnce premium or otf~er sum o) money pnyable 6y ~irtue o( sait~ nole and this .
~ mortguge, or eifher, fhe mortgagee may pay fhe same, u+il~ouf u~aiuing or a~~ecfing Ihe option to jorec~ose
~ or any ot6er rigi~t tierpun~er, and all such payments shall 6ear inferest ~rom clate thereoJ at t{~e highest lau~-
(u~ rate i{~en nllowecl 6y f{~e lau~s o~ the Statp o~ F~orida.~
.I any sum oI monPy ~~erein rp~prrp~ fo tie nof prompt~y pnid within thirty ~ays next njfe~
~i the samp ~)PCOI?iP5 dup, or i( each an~ PVPry II1P QIQ~PC111PflI5, slipulations. conditions and covenanls o) said
~j~ note and this mortgac~e. or Pit{~er, are not Jul~v per(ornied, comp~iecl wi1f~ and a6ided 6y, t{~en fhe entire
~i sum menfioned in said note, and tl~is mo?lgage, or the entire 6alance unpnicl fherean, sF~al~ (o~h~„~~h or
thereafter, ai th~ option oj the morlga,qee, hecome an~ 6e due and payable, anything in saicl note or herein
Ij to 1{~P ~onfrary nolu~il{~sfan~ing. F=ailurP 6y ~hP morlgagee !o exercise any o~ !he righfs or opfions herein
i~ proi~ic~c~ s{~a~~ not rnnstilut~ a waiver o~ any rigtifs or opfions under sai~ nofe or f~is mortgage accruec~ or
f{~erea~ter accruin~.
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1~ ~n ~itness ~~~o` ~~1P SO1(I mortgagor has I1PrPl~11~0 SIl/RP~ QR~ SPa~C~ ~~~ese presents ~~P
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~~ay an~ yvar ~irsf a~~on~ ivritl~n. ~
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Si,ynecl. seal~~~ Afl~ ('P~IIrP1'P[~ 111 ~~IP /~~PSPIICP OJ:
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4~ ~ A. DOUGLAS GILBERT r- ~
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~ ~ . MARTHA B. GILBERT ' ~
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~ , STATE OF FLORIDA, ~ i
~ r..c~t'~Tti' c~t' ST. LUCIE `
I HEREBY CERTIFY that on this day, belore me, an i
~ o(fir.•r duly' authorirrd in th~ Statr afor~said and in the County afor~said to tak~ acknowledqm~nts, p~rsonally appeared I
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~ A. Douglas Gilbert and Martha B. Gilbert ~
tu m~• knuwn to br thr p~•rwnS deuribed in and w~hn fAPfUtfd th~ far~¢oinq instrum~nt and whp aeknowledRed f
'f ~11~:+:,itl I
~ tNfon• mc that they~x~cuted th~ sam~. ~~~~z'. ~ ~
~ ~\'1T\f.SS my ha~ed and o(fi~ial stal in th~• County and Swt~~ 1 t afor~said this ,~i~ _J";l•~..t t~Y of ~
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.7U1 A. D. 19 78. : I
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~ My commission expires : ' ' ' -
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~ Notar P lic , ; - : ~
NOTARY PUBLIC, STATE OF FLORIDA AT I.NRGE y `
~ MY COMMISSION EXPIRES NCV. 16, 198~ State Of' Florida ~~zt; ~e~;~~•''~ ~
1 = ~ ~ ~~.ti
~X ' BOtJDED BY NMERICAN FIRE 6 CASUALTY CCMPANY ~ i11t',,.~`
THIS INSTRUMENT PREPARED BY: ftLEO ~?NL• kEC~F.Jt~ '
c gt.~uC~E_co~M~r ~~R ~
= RCG: =J17A~~ ~
s:_ ~;;-r . ,~.,;~T "r+~a.
. , F _t
t; Brennan, McAliley, Hayskar P.~: ,11 ~~y ~
~ti Attorneys At Law J~~ , O ~ ~ 44 ~ ~
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~ P. O. Box 37~9
~y~ Fort Pierce, Florida 33450 .~09334
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