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and shall perjorm, comply with artd abide by each and every the agreements, stipulalioris. eondittona and '
covenants thereof, and.oj this morfgape, then this mortgage and the estate heroby created, shall cease. d~-
termine and be null and twirl.
the mortgagor hereby f wfher covenants and agrees to pay promptly when due the principal and
[nterest arld oilier sums of money provided for in said note and this mortgage, or either: to pay all and
singular the tAXPS, assessments, levies, liabilities, obl[gafions. and encttrnbronces of every nature on said pro-
perly: fo permit, commit or suffer rto waste, impairment or deterioration of :aid Land or the improvements
therrcn at a?ty time; to keep the buildings now or hereafter on said land fully insured in a sum of not leas
than ----------------------full insurable value----------------------------------
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, a?td in the event arty sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any strrpllts: to pay all costs, charges, and expenses, including lawyer i jeer and title
searches. reasonably incurred or paid by the mortgagee because of the jniltue of the mortgagor to promptly
and fully comply u)ith the agreemerJs, stipulat[ons, conditions and covenants of said note and this mortgage,
or either; to perjorm, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgnge or either. In the event the mortgagor jails fo pay when
due any tar, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or eifller, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other ri[tht heretrrrder, and all such payments shall bear interest from date 1her+eoj at the highest Iau)-
fuI mte then allowed by the lau)s of the State of Florida.
~L any sum of monPY herein re(errPd to be not promptly paid within thirty (30)days next after
the same becomes due, or ij each and every the agreements. stipulations. conditions and covenants of said
Hole artd this morttlagc•, or either, are not jolly. performed, complied with and abided by, then the entire
sum mentioned in said r1otP, arld this mortgage, or the entire bnlance unpaid thereon, shall forthwith or
thereafter. at the option of t11e mortgagee. become and 6e due and payable, anything [n said note or herein
to the contrary notwithstanding. I=ailurr by the mortgagee to exercise any of the rights or options herein
proride•d shall not constitute a waiver of any rights or apfions under said Hole or This mortgage accrued or
fhemajfer accruing.
~n W~e~~ts the said mor/g~gor leas hernunlo signed and sealed these presents the
day and year jinf aborP u•ri/fen.
~1(Illed. SPaIP(l Qlld dell l'P7P(l In IIIP t)rPSPflI'P UJ: ,
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D. EI.Y,Y~
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LOIS D. ELLIS
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STATE OF FLnRIDA,
ccn-~TY c~F ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
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of[irrr ciul~ authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, pet70A~aY jap~eared
BOYD D. ELLIS and IRIS D. ELLIS, his wife ~ ~ ~
~ ! to me known to }x. the prrson S descrilxd in and who executed the [oregoinq instrument and ~ thf2y ,,ackrlowlFjl~ed
V
ixforc• Ine that they executed the same. 1,.: _
~~'I"l:\ESS my hand and official seal in the County and Starr fast aforesaid this ~Y~h - •~ay df -
~ March A. D. 19 79 ~ ~ ~ -
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s : t "t Z Z PM ~ 3 2 ~ Bg~~ 1NHU GENERAL LY5 . [:'!t0 A B'H[T~BS
79 ~~t:. ~
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°~~K305 ~A~F1?'z9
ANTTA M. LO PRESTI
s:~ "%%u ~l/Ji'nI/!lf11/ pmpnrrd hy: Thiz instrulnertt was ptapsre~ t»?: - - - - - - 01
K' C,. - - - • , s~~•.,r r^mramr, 11306 Ok•~chobee Rand, Fort Plerx, FMr'tfa 33150
§ Ac~i>'rr~cs as a n^ce~ry int~dent to the tuitiYmert o[ anditirs ~n;a;,xt1 in a lifts
Ins~r~rcc: Cl7lmi;mCnt iswed
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