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and shall per~orm, n?mply u~i1h a~~d ~6~de by each and every tf~e agresmenls, itlpulatloni, cond~tioru ond
co~~enanls thereo(, and o~ Ihis mortpas~e, Il~nn Ihis morfpage and tl~e eatats h.m6y ~.pa~pd, rhall ceaas, d~-
fprmine au~'?e nu~~ an~ ~roi~.
~in~ th~ morlAagor ~ien~6y ~urthPr covenanls and ngreea to par prompl~y when c~ue fl~e p?incipol antl
tntpresl ana of~ier sums o( money provi~ecr jor in s~lcl nofe and fhis morfgage, o~ either; to pny a~~ and
stnflu~ar the taxes, assessmenfs, ~eviet. ~iabi~ifiet, ob~igattons, and encumbrances o~ every nafure on said pro-
pe?ly: fo ~ermlf, commtf o~ su(~er no u~nsle, impairmenl o~ creferto?otion ol saIc~ ~and or fhe improuemenla
ltipre~n af any lime; to ~rP~p Ihe tiui~~/ings now on c~~a~fcv on said land ~ully insure~I in a sum o( no! ~eai
~ho~highest insurable value.
in a company or companiPS accrpta6le fo Ihe mortgagc~e. Ihe poltcy or polictes to 6e hRW 6y, and poya6le
to, saic~ moNgagee, an~ in f{~p enent nny sum o~ money becomes ~,oya6le by virtue o~ suc~ inaurance f~s
mortgapee~ sl~all ?~ave fl~e ?ighl to ~PCPIUP and apply the same !o Ihe Inde6tedness hereby secured, accounttng
to t~e morfga~or for any surplus: to pay a~~ cosfs, chnrgea, and expenaes, inc~uding ~awyeri ~ees and til~s
SPA1f~Pl, reasonatily incurre~ or pai~ by f~e morfgagee because o~ t~e ~ai~ure o/ the morfgngor fo prompt~y
and f ul[y comply wilh Ihe agreements, stipulations, rnnditioru and rnvenanls of said note nnd lhi~ mortgago.
or eif~er; fo per(orm, comply u~ith and a6ide 6y eac6 and every lhe agreemenfs, sfipulalloru, condttiona and
coi~enanls se! jorth in said note and this mortgage o~ eilher. In tl~e event the mortgngor /ails lo pay when
due any tax, assessment, insumnce premium or ofher sum oJ money ~ya6l~ 6r virtus, oJ said nole nnd ll~is
morfgage, o~ eilher, ihe mortgagPe may pay the same. wifhout waiving or af(ecling the opfio~ !o ~oreclose
or any otl~er righf hPrPUn~ler, and n~~ sucl~ payments shall bear interest from date lltereof at t{~e I~ig~est law-
(u~ mte Il~en allou~ed by fl~e ~au~s o~ Ihp Stale o) Floridn.
any sum o~ mon~y herein re(erre~ io he not prompt~y paic~ wifhin 15 days next o(!et
ftiP samp ~ecom~s ~ue, or iJ each and ei~ery Ihe agreemenfs, sfipu~ations. condilions an~ covenanft o~ saic~
note and tl~is morfgac~e, or either, are nof ~ully pe?)ormetl, comp~ied with and a6~dpd 6y. Ihen !?~e enlire
sum msntionec~ in said note. and tF~is mortgage, or tl~e entire ba~ance unpaid thereon, sl~all /orfl~wilh or
I/~erea(ter, af t{~~ option o~ IRe mortga~eP, become and bp due and paya6le, anytf~ing in said nole or herein
fo t{~e confrary nofu~ill~sfan~in~. I=ailure E?y I~~e morlgagee to exercise any o~ t~e rigtifs or opttons herein
proi~icl~cl sha,~ nol conslilufp a u~ni~~Pr o( any rip~fs or opfions unt~er saic~ note or ftiis mortgage accrued or
I~erna jf~r a~cruin~.
~n ~itness ~hereof~ t{~P said mortgagor has herPUnfo si~ned and sealed Ihese presenls the
c~ay an~ yc~r ~irs oi~
$ign~~. ea~ i~ e nce oJ:
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~1~CY, I~7 ~l~` 0
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~ --F...'DAW~.. - -
ARABELLE .
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~ ST:~TE UF FLORIDA, ~
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~ COi'\TY OF ST- L- ~/C /E
s, ~ I HEREBY CERTIFY that on this day, betore mq an
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of(i~~r duly authori:ed in the Statc a(or~said and in the County afor~said to tak~ acknowledqmcnts, penonally appeared
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= FRANKLIN L. DAWSON and ARABELLE P. DAWSOP], his wife,
~ to m~ known to br th~ prrson$ d~seribrd in and who ea~cut~d the (orcqoinq instrumrnt and they acknowl~dged
~ Ix(orr mc that theyca~cuted the same.
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- ~~"Il ~ESS m~ hand and of(i~ial seal in th~• County and Statr last a(or~said this ~8 T N day of
~ ~ /'s.('vA~ y :1. D. 19 ~p j
~ / :t~~ ~~~~ORDEC ~
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- j%~s ~„~F,~n,/ /?y: CULVERHOOSE & VAN NATTA ~ ~](l
= P. O. Box 4392 3~+GrJU4 YA~E1043
;1JJi~:v Ft. Pierce, Florida 33450 ~