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and shall perform, comply tuith and abide by Pack artd every the agreements, sttpulalforis, conditions and ~
covenants thereof, and of this mortgage, then this mortgage and the estnte hereby created, shall cease, de-
termine and Ire null and void.
fhP mortgagor hereby further rnvennnfs and agrees to pay promptly when due the prfncipal and 1
interest and other sums of money provided for to snid note and this mortgage, or either: to pay all and 1
singular ilia taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: to permit, commit or suffer no waste, impairment or deterioration of snid land or the improvements
lhPM(>n at arty time; to keep the build)/IgS now or herPaf ter on said land fully insured i?t a sum of not less
than highest insurable value.
in a company or companies atrPptable to • the mortgagee, the policy or policies to 6e held 6y, and payable ~
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall hoop the rig{tt to receive and apply the same to the indebtedness hereby secured, accounting ~
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title
searches. reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
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and f ally comply with the agreements, stipulations, rnnditions and covenants of said note and this mortgage,
or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insttrancP premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same. without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from dote thereof at the highest law- j
(uI rate then allowed by the Ines of the State of Florida. i
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~f any sum of money herein referred to be not promptly paid within fifteen days next after ~
the same becomes dttP, or ij each and Pnery the agreements. stipulations, conditions nrtd covenants of snid
note artd this mortgage, or Pit{ter, 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 forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in snid note w herein
to the contrary notwithstanding. 1'ailurr by the mortgagee to exercise any of the rights or options herein !
provided shall not constihrte a waiver of any rights or options under said note or this mortgage accrued or
1{tereaf IPr accruing.
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~n ~ltneSS whereof, tht• said mortgagor has hereunto signed and sealed these presents the t
day and year tint shot+P written.
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Signed, sealed and dt•livered in the presence oJ: - !
• ~
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ran ie 1!i. eLon
g
-A-
4 ' '
- - -Susan J. q~Long
(J -
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STATE OF FLnRIDA,
coL'1TY OF ST.LUCIE ~
I HEREBY CERTIFY that on this day, before me. an
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officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
FRANKIE M. DeLONG and SUSAN J. DeLONG, HIS WIFE
to me known to be the person Sdescribed in and who executed the foregoing instrument and they acknowledged
Ixforc me that theye><ecutea the same.
~YI7:~tESS my hand and official seal in the (.:ounty and State cast aforesaid this 21st daY ~
flay A. D. 19 7 9 .
i?o ary Pub is
'r x ~:aRr .'~.al ~r ' G? r~:Nt~DA Al IARGE t
i9T9 1~~ ~ 25 ~ ~ ~5 Mr ca~wussiotr tXPrRtl sfrt tz wet
IctnrDED :r1RU (;Er•rtRAl irJS uNDERv/RtTfRS
~T.LUCIE COUMTY.F .
ROGER i'OITRA5 •~~;,..;'t:: C p~'~,
CLERK CIACUIT CO~ .r..... y•
~ ~ ~
R~~E?F?7 •j\i~i.~ ;tom ;
- 'rt E
~ r..
,(OHN EDGAR SHERRARD
~ Tl1u Lulninrfaf prepared by. • E': '
Attort:ey F.t Law t
r_ A~ldir~s 203 S. Indian River Drive ~101~ ~
P. o. i~X :~,z - aooK 3U9 sac;1528 ,
Fort Picrco, Florida 33450
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