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and shall perform. ca,rtply with and abide by each and every fire apneenenb, atipulstioria, eortditbrta new!
cot?ertonta thereo j, and of this morlgaae, ih.n thin mortgage and the estate hereby created. shall cease, da
terrrtiete and be null and void.
the mortgogor~ herYrby further covertatb and agraa to Par proenplly when dw th• principal and
infeerst and other sums of money provided for !n add note and thta mortgage. or either: to poy aU and
singular the taxes. assessments. levies. liabilities. obligations. and ersctrmbroncw of every nature on said pro-
perty: to permit. commit or salt
er no waste. impairment o? detertorotbn of add fond or the tmprowmenb
thereon at any time: to beep the buildings now o? heerajter on said lord fully insured in a sum of not lean
than
to a rnmpany or companies acceptable fo the mortgagee. the policy or policies to 6e held by, and payable
to, said mortgagee, and to the event any sum of money 6et.~omei payobb by virtw bl such trtauronn the
mortgagee shnU hove tits right to receive arsd apply life sane to the irtdebtedneaa herby secured, oooourtttrtg
!o the mortgagor for any stu•plw: to pay sll cosh, chaeges, sad expense. including lawyer i /sea and Nile
searches. reasonably incurred or paid 6y the mortgagee because of the jdluro of the mortgagor to promptly
and fully coertply with the• ap?eentents, stipulations. eotdtttona and covenants of acid note and th4 wtortgaQe.
or either: to perlornt. comply with and abide by each and every the agreententa, stipulations, oanditlons and
covenants set forth in said note and this mortgage a either. 1n the event the mortgagor jells to Pay when
due any tax, assessment. insurance premium or other sum o/ Haney payable by virtue of said note and this
mortgage. or either. the mortgagee may pay the same, without wdving or of
fading the option b Iwrcloae
or any other right hsnunder, and aU such payments ahaQ bear interest from date thereof at the highest law-
ful r+nte then allowed by the laws of the State of Florida
iL any sum of money herein ?elerred to be not promptly paid within fifteen days next after
the name becomes due. or ij each and every the agroements, stipulations. conditions and eovenanta of add
note and Chia mortgage, or either, are not f
uUy per(onrted, complied with and abided 6y, then the entire
sum mentioned in add note, and this mortgage, or the entire balarsce unpaid thereon, shnU forthwith a
thereafter. d the option of the mortgagee, become. and be dw and payable, anything in acid note a herein
to the contrnry•nolwilhstanding. Failure by the mortgagee to exercise any of the. rights or options herein
provided shall not constittsts n wdver of any rights or options under said Hole or this mortgags accrued or
thereat
ter accruing.
•
~n ~ttlteSS ~lherrof, the said mortgagor has herrunto signed and sealed these presents the
dry and year first above wrfften.
Signed, sealed and delivered in the presence ol:
J S~
---~~g
GAIL P. SVEC
STATE OF FLORIDA.
COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this der, lxforc me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take ackaowkdaments, personally appeared
JOHN P. SVEC and GAIL P. SPEC, his wife
to me known to be the persons descn'bed in and who executed the foresoin}I instrument sad who acknowkdsed
before me that they executed the sane.
WITNESS mr hand ind official seal in the Couatr and State last a[oresaid this 1St der of
February ~ A. n. 19 79
_
•ti: ° ~ NOTARY ~PUBLIC
- , =r:
= .
~ : cr H~~~ RECORDED Gg~
.iY~F L^U?,~TY_FLJ~`fy Commission Expires: 1
S • r`-~'`- NM~fy l1iMt 11~1~ gf R M tip
1 j [ !ti = fl
I7iu Instiunrnl p?i'Pard by: RICHARD L. DENNY c~ c~
Addms I020 Caribbean Street BL~GK JUUZ Fri ~ r,1~
Fort Pierce, FLA 33450
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