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and shall perform, rnmply with and ablde 6y each and every the agreements. stipulations. conditions and
covenants thereof, and of this morfgape, then this mortgage and tits estate hereby created. shall cease. de-
termine and be null and told.
the mortgagor hereby jurlher covenants and agrees to pay promptly when dw the principal and
fnferesl and other sums of money provided for to said note and this mortgage, or either; to pay aU and
singular fhs lazes. assessments, levies, linbtlifiss, obligations, and enctu+tbr+ancea of every nature on said pro-
perly; fo permit, commit or suffer no waste. impairment or deferturation of said land or the improvements
fherecn of any lime; fo beep the buildings note or heeajter on said land fully trtsttred In o sum of not less ,
than the full insurable value
in a company or rnmpanies accepfa6le to the mortgagee, the policy or policies to 6e held by, and payable
fo, sold mortgagee, sled In the anent any sum of money becomes payable 6y virtue of such insuwnce the •
mortgagee shall have the right to receive and apply the same to the indebtedness hereby second. aecotsntirtg
• to the mortgagor for any aurpltu: to pay all rnsta, charges, and expenses. including lawyer i fees and fide
searches, reasonably incurrrd or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with !fie agreements, stipulations, conditions and covenants of sold note and this mortgage.
or either; fo perform, comply with and sheds by each and et»ry the agrraerrtenta, stipulations, cbttdtfiont arld
covenants set forth in said note and thts mortgage or either. In the event the mortgagor jatb to pay. when
due any tax, assessment. insurance premium or other sum of money payable by virtue of said note and this
morfgag j_or-rtfher, the mortgagee may pay the same. without waiving ar alfectin9 the option to ioncloss
--or any other right hereunder, and all such payments ahaU bear interest from date thereof at the highest law-
(ul mte then nllou~ed by the laws of the State o/ Florida.
~l any sum of money herein referred fo be not promptly paid withi~-t f i f tee1~~ offer
the same becomes due, or iJ 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 6y, then the entire
tom mentioned in said note, rend this mortgage, or the entlr+e bala?toe unpaid thereon, :hall forfhwttk or
therewfter, of the. option of the mortgagee, become and be due and payable, anything In said note or henIn
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not rnnstifute a tuait~er of any rights or options under said note or this mortgage accTtied or
thernafter afftlting. "
~n ~h~eof, the said mortgagor has hereunto signed and sealed Chess presents the
day and year f
int above tvrillen. "
Signed, sealed and deliuernd in the prnsenfe of
X
W 1 i J. Farrell
L ilian V. Farrell
i -
€ STATE OF FLORIDA,
couNTY OF $T LUCIE
~ 1 HEREBY CERTIFY that on this day, before lets, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
r1ILLIAM J. FARRELL and LILLLAN V. FARRELL
3 to me known to tx the persons described in and whoecuted the forgoing instrument and they ac~nowledged
i ~ before me that theyexecuted the same.
WITNESS my hand and official seal in the County and State last aforesaid this ~ day of
June, A. D. 19 79~
"
1!fiot " ry • Pub1"i
1919 J'J~l t 8 3. 4 2
State of Florida at Large
g ~n.EO ~r~l; f~cunuEtZ My commission expires :
T.l11CfE COJNTY.FLA. srpr~Ri< vvet~t tt•rF O? rLORtpA Al lAtlC~ `
ROGER PQITRA5 µY COMM?SStON EAiRt~ ~'I. 12 19ftt
CLERK CIRCUIT Ct3~~
tIECORD Yca•F.rC~ ~.•~~st--ar'~C?N~~' ~
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i
" ~Tiq
r ~ fir.; :~k
~ ~ri
i~ ~ +t~k1~f~ t _
k p~~ ~~~i .felt .
17iu hutrunu•m re~ by: Guy R, BrunT, Esq. ` ; . ,
P"~Pa S~~ite 208, C+tizens Federal 81ag;~ °~~Y•.;;:" ,<<•~~
8410 S. Federal Hwy. ~'-.~~ft
Port St, tucle, Fla. 3345$ ..,.;~,,rt„_tr;.,
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