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and shall perform, comply with and abide 6y each and every tits agreements, :tipulatio?u, conditions and
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cat~enants thereof, and of this morfgape, then this mortgage and the estate hereby created, shall cease, de- ~
te?mine and 6e null and epid.
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IfINR flte mortgagor Newby Jurfiter couennnfs and agrees !o pay promptly when due the principal and i
interes! and other soma of money provided for to said note and this mortgage, or either; fo pay oll and 1
singular the fares. assessments, !sates, ltabililies, obligations, and encumb?ances of every Walrus on said pro-
perty; fo permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
ther+ecn a! a?ey rims; to itsep fhs buildings now or hers f ter on said land fully insured in a sum of not less
than MTI,L INSUREABLS VALUB
in a company or companies acceptable fo the mortgagee, the policy or policies to 6e held 6y, and payable
fo, antd mortgagee, and in the event any sum of money becomes payable by virtue Of ttuh insurance the
mortgagee shall have the right to receive and apply the same to the tndebtednesa hereby sertued, accounting
fo the mortgagor for any surplus; to pay all costa, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failtue of the mortgagor fo promptly
and fully comply with the agreements, stipulations, concliltons and covenants of said note and this mortgage,
or either: to perform, comply with and abide by each and every the agreements, stipulnttoru, conditions aced
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due arty tax, assessment, insuronce premium dr other sum of money payable by vtrfue of said note and this
mortgage, or either, the mortgagee may ~fhe same, without waiving or affecting the option to foreclose
or any Other right hereunder, and all su ymenfs shall bear interest from date thereof at the htgheat law-
fu! rote then allou~ecl by the laws off Stale of Florida.
~l a?ty sum of money herein re(sm~d to be not promptly paid withi?tFifteen (15) days next niter
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwit~l or
thereafter, at 1hs option of the mortgagee, become and 6e due and payable, anything to said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein ~
provided shall not consfitt?le a u?aiver of any rights or options under said note or this mortgage accrued or
thereafter accruing. ,
~n ~itntSS whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above u•riffen.
1
Signs seals a slivered in the prese?tce of
l _
LISA OYD
i
I
E STATE OF FLORIDA,
COUNTY OF ST . LUCIE
I IiEREBI' CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgments, personally appeared
i
:MARK FLOYD and LISA FLOYD, his wife
to me known to be the person g described in and who executed the foregoing instrument and they acknowled_Sed
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before me that they executed the same.
N 17~`ESS my hand and official seal in the Gounty and Stah• last aforesaid this 3 ~ daq of
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E1prl~. A. D. l9 79. _ -
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Notary Public
1rly, Co>Qnission Expires
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A!r HIAI IC sTA7E ~ RAg10r? Ai tALCiE - • • _
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fin rtRu ~ un,ocawuf IUS ~ U Z - -
Tlru hwrr?n?nt~ prrpr»r?/ hy: ARIF PARUPIA
~1rlil/tJS LA~4~YEP.~ TITLE iNS. Cv^RP ?
9999 S U. S. 1 $i:R~ ~ Fa6E~~ ~
{ F-~t fit. Lucie, Florida 33452 ~
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