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. and shall perJorm, comply u~ith nnd a6ide 6y each and ei~e?y tl~e agreemenls, alipulalions, cnnditions and
coi~ennnls tl?ereo~, and o) fhi~ mortflape. 11~en Ihi~ mortgape and Ihe estate {~ere6r f~PUIP~, shall cva~e, de-
Ip?mine an~I I~e null ared void.
IlINa fha mortgaflor tie~~~by /urfher couenanft ant~ agrees fo pay prompl~y when ~ue t~e principa~ antj
infervs! and ofhe~ sums o~ money provldecj ~or in saic~ note anc~ fhta morfgage, or eit{~er; fo pay n~~ and
si~~u~nr the taxea, eusessments, ~evies. Itabilities, ob~igaflons, anc~ encumbrances o~ eve?y nalure on said pro-
perfy: to permil, ~-ommtt or su(~er no wasfe, impairment or deterlornllon o( saic~ ~a~~c~ or fhe improuemenfs
lhereon a1 any fime; to kevp the buildings now or herPa~ter on ~aid land jully in~urpd in a sum of nof less
~han Forty Thousand Dollars
in a company or companfes acceptable to ftie mortgaqee, fhe po~ic~r or po~icies to be he~c~ ~?y, and ~xiya6l~
to, said mortgac~ee, and in fhe event any sum oJ money 6ecoMes ~ya6l~ 6y vi?1ue oJ such insurance the
morlflagee stia~~ ti~ve t{~e rtght !o receive and apply tl~e some to t1~e inc~ebtedness F~ere6y secured, nccounfing
to the mortgngor (or any aLrplus: Io pay a~~ costs, cl~arges, and expenses, including ~au.yer's ~ees and fitle +
searc{~~s, reasona6ly incurrec~ or paic~ tiy fhe mortgagee 6ecause o~ ike ~ai~ure o~ Ihe mo~tgngor to prompt~y
ana Ju~~y comp~y wifh tl~p apreemenfs, stipu~atlons, conditions and covennnts o~ saicl nofe an~ lhts mortguge,
or eittier; to pprjorm, c-omp~y with and abicle by each ancl every f{~e agreemenfs, stipu~alions, condifions anc~
co~~enanls sef ~ortti in said note an~ ttiis morfgage o~ eittier. /n fhe event Itip mortgagor fails fo pay u~~en _
due any fax, assessment. insurance premium or off~er sum o( money payable 6y virtue o~ sai~ note and fhis
mortgage, or either, Ihe mortgagee may pay ttie same, wif~?out wniving or a~(ecting the opfion to jorec~ose
or any ol~er ri~{~f I~ereunrler, and all such payments s{~a11 6ear interest (rom date thereo( at thp I~ighest Iau~-
(ul rafe Ihen nllou~ed by the laws o~ tl~e $lafe o) Florida.
ll any s~im o~ money tierein re~errec~ to he not prompf~y paic~ wifhin 15 days next nJter ~
the same 6eromes due, or i~ each anc~ euery tl~e agreements, stipulations, ronditions and covenants o) soid ~
nofe and e1~is mortgage, or eitl~er, are not fully performed, complied wilh ~and a6ided by, then Ihe pnfire
sum mentioned in said note, and this mortgage, or th e entire balance unpnid therwon, shall f
orthwitl~ or
tl~ereajter, at th~ option o/ t{~p mortgaflee, 6ec~ome and be due and payn6le, anything in said note or herein
fo !he confrary notwifhsfan~inc~. Fai~u~e hy the mortgngee to exerrise uny o~ the rights or opfion~ herpin
proricrerl s{ea~~ no! consfilufe a«+ai~~er o~ any ?ip~eta or options under saic~ nofp or I~is morfgage accrue~ or
th~reaft~r accruing. '
~n ~~Ul~ ~Ydhereof~ the said mor~gagor I~as hereunto signecl antl spaled tl~ese presenls tRe
day and yeor ~irsf aRove wrilten.
Signed, sealed uncl rle~inarptl in the presencv of : `
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. DONALD P. AULT
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STATE OF FLORIDA. ` ~ ! ~ .
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COUNTY OF Mart in , : ~ ~ -
I HEREBY CERTIFY that on this da~ ,~e~te ta~+; bn
officer duly authorized in the Stat~ aforesaid and in the County aloresaid to tak~ acknowledqmenb~ pet~oria~y appeared
' DONALD P. AULT
to rtu- known to br the perwn describecl in and who executrd the [ongoing instrument and he acknowkdRed
be(orc mr that he ~xecuted the same.
~~'ITNESS my hand and o(ficia) ual in the County and Statc last a(oresaid this 9tZ'1 d1Y ~
AL1gl1S t A. D. 19
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F ~t ~ ~Y
I ~ 0~~~~N ~ No~ory PubtK, s<<,~ os ~•~a~ a~ i~.~.
~~OQ~~I POItRAS Mr Commi:sion E~;:•-:; l~'.~~cn 19, 1?:! t~
C! FRK C~"~ ~IT C~ • 6w+ded by Amcriwn Fir• d C~wal~r G.
` ~f 1..~J ~
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?c 9 2 38 ~H'~~
{ ~1 13~29
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I'l~if luunuucri~ pr~pnrrd hy: Joseph 0. LaBonte
Post Office Box 1061 C P. 29~
`~'~`~n'~ Fort Pierce , Florida ~~a~` PAGE
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