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.and shall perform, rnmply wpb and abide 6y ench and every the agreement, sfipulafioni, condilioru and -
covenants thereo/, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
fermine and be null and twirl.
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I~n~ 1{te mortgagor {te?+•by f urfher covenants and agrees to pay promptly when due the principal and
infPlest area of{ter stems of mo?tey provided for in said Hole and this mortgage, or either; to pay all and
singular the tares, assessrttP?tfs, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly; fo perrttit, comma! or suffer no waste, impairment or deleriorofion of said land or the jmprovement
Iherecn at any limp; fo Pep the buildings now or hereof ter on said land fully insturd in a sum of not less
than its full insurable value.
in a carttparty or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the euertt any st+m of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting tr
to the mortgagor for any st+rplt+s; fo pay all costs, charges, and expenses, including lawyer's fees and- ftfle ~
searches, reasonably incurred or paid 6y the mortgagee because o/ the failure of the mortgagor to promptly F.
n fully comply with the agreements, stipulations, rnndItfo?ts and covenants o/ said note and ibis mortgage,
or~illte?: fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and -
rnnPnartfs set forth fn said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurmtcP premium or other sum of money payable by uirfue of said note and this
mortgage, or cif{ter, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereeutder, and all such payments shall bear interest from date thereof at the highest law-
ful rate then allowed by the taus of ehP State of Florida.
arty st+m of mortev Iterei?t referred fo be not promptly paid within thirty days next after
1hP same {,PCOmPS due, or i( each and every the agreements, stipulations. conditions and covenants of said
note and this mo?tgQltP, or either, are not fully perforated, complied with and ab' ed 6y, then the entire
sum mentioned in said note. and this mortgage, or the entire balance t+npaid t reon, shall forthwith or
thereafter, at flee option of flee morfgageP, bPCOme and bP due and payable, any ing in said note or herein
to the contrary notwithstanding. {=ailure by the mortgagee fo exercise any of the rights or options herein
provided shall not constitute a waiver of any riryhfs or options under said note or this mortgage accrued or
fh~reoflPr accruing.
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~n ~itnCSS whereof, fhP said mortgagor has {tPret+nta SIQRPd and SPQIPd fhPSe prPSPr+tS the
day and year f irsf above tvritfere. i
Sinned. sealed and delivered in the pre vice f
~ Robert lr . Ferri
ma Ferris
~ - _ . . - . - . - - - . -G?~?~+,K.~.-~-~-,e~et,~---------- -----tom
STATE OF F1E:41~~4, ~/t ~G ~ N / A
cc~~~TY c~F Fpfr2F~FX
F i HEREBY CERTIFY that on this day, before me, an
s officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
ROBERT C: FERRIS and ALMA FERRIS, his wife,
~ to me known to be the person S described in and who executed the foregoing instrument and they acknowledged
r I,eton• +ne that they executed the same. /
~417i~1ESS my hand and official seal in the county and State last aforesaid this 6T~ day o[
F
s Z'f@'i'C~'L /l~IL A. D. 19 7 9 .
: ~ , ~ _~c~ ~ ary Public, State of
. , - , - - • . Large. ?~feGiit)~ -
4Q2516 My col~.lssion expires : s
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"/%is IfIJInII!!!!/l prrpnrrd hy: Boer JU~ rAC: ~~0~
Addreu Edgar A. Brown, Esq.
P. 0. Box 4382
Fort Pierce, FL 33450
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