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and shall pe~ja~m, c~omply with ared abide 6y earl~ ond enery the agreements, stipulatlons, conditions and
c~ot~enanls Ihereoj, and of fhis mortgage, fl~en this mwfgage and the e~tate here6~e c?eated, ikall ceaae, de-
Iprmine and be null and voi~.
~nd 1hp mortgaflor Itern6y Jurther covenanls nnd agrees fo puy pro?npfly when dus tl~e prtnctpul nnd
inleresf and olher suma o~ money provide~ jo~ in saic~ note and ltits mortgage, or eifher: to pnjr n~~ and
singu~ar lhe laxes, assesaments, ~evles. Itu6iliiies, ob~igafions, and encumbrances o( eve?y nalure on saic~ pro-
pe?ly: to permtt. rnmmif or suj~er no waste, Impoinrtent o~ c~efe?toration o~ anid land or I~e improvemenfs
Il~ereon at any time; to Ieeep II~e ~uildings now ot herpn(ter on s4id Iand /ully insu~ed tn a suni oj not less
~I~an unpaid balance of this mortgage
in n company or compnnte= aceeptab~e fo the mwtgQgee, fhe policy or poJictes to 6e held by, and ~xiyabl~
to, suid mo?tgagee, and in tl~e euent eny swn oj tnonoy becomea Paya6le by virtue oJ such insurance the
mortgagpe s1~a1I have the rigl~t to receiue and apply the anme to the iRde6tednesa {~ereby aecured, aceounttng
to f~e morfgapor ~or any surp~us; fo pay a~~ costa, chnrges, and expenses, inc~uc~ing ~Qwyer's jees anc~ tit~e
sParc{~ps, reasonably incunrd or paid 6y !?~e mortga9ee 6ernuse of fhe ~al~ure of ftie mortgagor to prompt~r
ancr ~ully comply witl? fl~e aereeme~ts, sltpu~ations,'conditions and rnvennnfs of snic~ note ant~ thta morfgag~,
or eettier; fo per(orm, comply with and a6tde 6y eacl~ and every !he ugreemertfs, atipu~n(tons, c~onditions una~
coi~enants sei ~orfl~ in said note nnd t1~is mortgage or either. ln fhe euen! !he ntortgagor jails to pay wl~en
due any tax, assessment, instuance premium or ot~er sum o~ money payable by virtue o( said note and Ihis
_ morfgage, or either, fbe mortgagee may pay t~e same, withouf euuiuing or a~fecling the option lo lorec~ose~
or any other rigl~t hereunder, and ajl sucl~ peymenta shall 6ear interest /rom date tl?ereoJ nt the f~igl~est law-
(uI rute th~n allotued by t1~e Iau~s o/ 1he State o( Florida.
l~ ariy sum oJ money hprein re~errecl lo be no1 prnmptly paid within fifteen ~nys next o(te~
Ihp same tiecomes due, or if each artc~ enery tl~e ag~eemenls, stipu~alioru, cont~ifiona and covennnts o~ taitj
note aod ~his rreortgage, or eitl~er, are not /ully per/ormed, complied with -and a6~d~d 6y, then !he entire
sum r?~entioned in said note, nnd this morlgage, or the entire balance unpnid thereon, shnll forthwilh or
the~eaf ter, at ftie option o~ f~e moNgagee, bernme anc~ be due and pnqable, anyt~ing in saic~ note or /~erein
to ftie cont?ary notu~ithstancling. Fuilure 6y the morfgagee to exerciae nny o~ !he rig~fe or opttons herein
provi~e~ sha~~ not constifute a u~ai~~er o~ any rigl~fs or options unc~er sait~ note or•this mortgage ncc?uec~ or
thereajler ac~ruing. ~
Dn ~itness ~hereof~ IF~p said morlgagor ~as hereiinto signecl und sealed these presenfs tl~e
~ay an~ ypar jirsl afwve U~r1~IPR. ~
Sl~/1P~. SPd~P~ Q~l~ ~P~II~PfP~ II! ~~P ~7fPSP/1CP OJ: ~
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~ . ~LEO~ ~ ~ ULT
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~ EMELIE PERREAULT
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~
STATE nF FLORiDA, •
COUNTY OF 1~~ i +
I tiEREBY CERTIFY that on this day~ betore me, an i
offic~r duty authoriz~d in the Stat~ aforesaid and in the County aforesaid to tatc acknowledqmenu, penonallr appearcd i
~
J. LEO PERREAULT and EMELIE PERREAULT, his wife, i
to m~• known to tx the prrson $ described in and who ex~cutrd the (or~¢oinq instrument and thgy acEnowledSed
, be(ore me that they ~xccut~d the sam~.
~YIT\F.SS m~• hand and o(/icial seal in the County and Stat~- last aforesaid this 7~+ ~ day of
~-l~'/~j„(7 A. D. 19 7~ ~ ; ~
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~ t MILLAN AND SHEAR, P.A. 4~sS
%lu~ his~rrimr•i~t Fn• ;t~ ,-.~r~D~~AC
, _ ^ • ~074 N . E . Commercial Street
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,
, Jensen Beach, Florida 33457
~,~308 ~ 94i ~
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