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an~l sha~~ pe?~orm. comply u~ilh and abi~lhPn ~this~ mwtc~~t~~' AR~P~~P PSI~IPn~PM~y 1CIPQI~. sha~l`cease. de- I
coi~pnanls If~preo~, an~ o~ fhis morf~agP.
lermine anc~ tie nu~~ ~n~ ~~ui~.
~n~ ftie morf~~a~or {~er~•tiy ~tultiPr COVP/IQ~IIt and a~reet to pnY Promplly whpn c~ue Ihe principa~ nnd
inter~~sl anc~ olhrr sums o( mu~iey proi~iclecl (o~ in saic~ nofe and ttiis mo?fgage. or eiltier: !o pay a~I and
sin~ular IhP ta.rPS, ascrssmPnls, ~evies, ~iabi~ities, obliflations, ant~ encumb~ances o( e~~ery nalure on satd pro-
pprly: to ~~ermil, commi! or sujfpr no u~asle. impai?men! or c~eteriorafion aJ saic~ ~ancr or Ihe improvements
Ihernon af any Iim~; ta kppp Ihe huilclinps noiv or herna(t~~ on s~id lan~l )u~ly insu~~~l in a sum oj not less
~6a~ $20,000.00 in fire and windstorm insurance
in a company or companies aci-eplati~e to Ihe mo?fgagee, the po~icy or po~icies to be ~~e~~ hy. ancl payable
fo, sni~ morlc~acle~. ~nc~ in I~e enent any sum oj money hec'omes payable 6y virlue o( sucti insurance !he
mortgas~~e s{~al~ havp the rigtit lo receive ancl applY the same to t{~e indebtednesa hereby aecured, accounting
lo fhh morlga~or (or any surplus; fo pay a~~ costs, ctia?ges, anc~ expenses, inc~uding ~awyer s~ees an~ fif~e
searc{~~•s, rFasonahly inr~i.re~ or paicl I~y fhe morfgagee I~ecause oj !he ~ai~ure o( ftie mortgagor !o prompl~y
(u(~y comp~Y u~il{~ f~iP apreemenfs, stipu~ations, conditions nnd covenants of said nofe an~ t~is mortgage,
or ~illu~r; fo per~orm, i~omp~y with anc~ a6icle by each and every the agreemenfs, slipu~afions, condilioru and
~oi~~nnnls s~l (a?Ih in sui~ nofe an~ ttiis mortgagR or either. ~n the enent fhe morfgngor jai~s to pay wtiea
~ue any inx, nsspssmi•nf. insurance premium or ot{~er sum o( mon~y paya~,~e hy virlue oj sni~ nofe a~~d ~his
morf~ngP. or ~•ither, Ih~• mo~fgagea may paY !~e same, withoul roaiving or a~~ecting Itie opfion to (orec~os~
or any other rit~hl {~ervunrl~r. and all such ~Yments s{~nll bPar interest (rom date Ihereo~ at t{~e f~ighest lau~- ~
(ul r~t~ I~~en a~~ou~et~ ~~y Ih~ ~nu~s o( i~~e ~faf~ o~ ~=~oritra. '
` ~ays nexf ajfer I
~ny sum o~ money tierpin re(erre~ to ~~e not prompt~y paid u,iltiin --3~-- i
I~~N snme I~ecom~s ~Iue. or i( each and p~~ery Ih~ a{~reemenfs. sfipulalions. con~ilions an~ covenanls oj saie~ j
not~ a?id fhis mortpagP. or eilher, are not ~u~Iy performetl, comp~ietr u~ith ~and ~6~dPd by tl~en the entirp ' .
sum mentionecl in ~aid nat~, an~1 this morl~ape. or the entire balance unpaid thereon, s{~all ~o~thu~~~h or
1{~ereajfer. al fti~ option o( ftiP mortc~a~~e. heco?ne an~ hP ~up °^d P°y°h1e' a~y~~~n9 ~n saic~ note or herein
lo fhe ~onlmry nolu~il{~slanding. FaihirP f~Y fhe mort~a~lee fo Pxercise any oJ ltie righfs or opfions herein
~m~.~i~~ s{~~~~ n~?1 ~onctifufe a trair~r oj a~y rip~ts or oplions unrl~r sai~ nofP or ftiia morlg~~p accruecl or
IE~rr~ajl~~r accruinp.
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~n ~~tness ~hereof~ ~~P S(II/I mortgagor ~I(IS I~~~rPUnlo StQI1P~ !lll~ SPQ~P~ ~~PSP ~~PSPI1~5 ( P
I (+(1~ (~/III ~Y(Ir'IfSt (1'lO1~P iarilf~n.
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STATE OF FLORID:~, ~ t
I C(~l'`TY OF St . Lueie ~ p~F.RF.BY CER"I'1Fl' that on this day, betore me, an
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( u(ficcr duh- authori~rd in thr Statr afurrsaid and in th~ County :?fun•caid to takr acknowledqm~'nts, pcrwnally apprat~
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~ ; Floyd P~lewbold and I~fae Belle Newbold, his wife
~,~.,,•~~d~ a . ~
~ to m~ knuwn tu Iw th~~ {„~rwr6 dcs~ritxd in and who ~a~~utrd th~ (or~¢o~nq ~nstrum~nt and they `~j,;~~
. i ~r_~'! , . . . . ~
~ F~for~• m~~ that t hey rxc~ utcd th~ sam~. `
17th J' ~1d~r o~
I~ ~\'(T\ESS my hand and o((iiial seal in 1he Cuunty and Stit~• last a(orrsaid this •
r~7c'~3/ D. 19 T9 f ~ _
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' i F. A. H arri s Notsry Public, Florida, scste a: ~-rae '
~ i 410 Orange Ave . MyCommiss~o~ Fxares Feb. ]2. 1982 '
• I "/li~c lu~ln~~~ir?rl ~nr f?~tri~ FoZ't Pierce , F13 . ~~ded ~N I~urance l~~!? ~
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