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and shall per/orm, comply, with and a6ide by eacl~ ond e~~ery tl~e ag?seme~ts, itipulaltona, condittonr and
covenants tl~ereo~, and bj'thta moftgagl, then Ihis mortgage and the eslate I~ere6y c?rated, il~all ceaiss, de-
ferntine an~ Iie null anc~ ~oicl.
Itiw morlgapo~ tien~by /urther couenanls and agreea !o pay promplly when due tko'p~inctpal and
tnle?est and ot~e~ sumt oj money provided ~or in inid note ancl ttiis mortgage, o~ etti~er: to pay a~~ nrtd
singu~nr t~e taxea, assessments, ~et~iet. ~inbil[tles. ob~igaltons, and encumb?nnces o~ every nafure on satd pro-
pe?ty; !o permil, co~nmlt o? suf
fer no waste, impat~ment or detertorotion o~ said ~and or Ihe in~provemenb
Itiereon af any fime; to Ieeep fl~e buiW~hgs now or he~raf fer on said land ~ully insurect In a tum of not ~ess
~I~a~ $24,000.00 in fire and windstorm instirance
in n rompany or compnnie~ accepta6lo to the mortgagee, the pollc~r or polictes to 6e held 6r, and Poya6l~
to, sald mo?tgagee, and ~n ftiv eu~nt any sum oj money becomes ~ya6l~ 6y virtue o~ suck inswwnce the
mortgagee s~all have Ihe ~tg1~l to recetve and apply the aame to the inde6ledness hereby secured. acc~ounttng
to f~e mortgagor ~or anp ~urp~us: to pny a~~ rnsb. charges, and expenses. inc~udtng ~awyer
s~eea and title
searr{~es, reasonn6ly Inctirred or ~~d by tl~. mortgagee 6ecause of fhe ~ai~ure of fhe mortgagor to prompt~r
anc~ (u~~y comp~y u~ilh fhe agreemenlt, stipulations, condilions and covenanfs o~ said note and tl~ts mortgage,
or either; to perJorm, comply wlt6 and a6~de 6y eack and every the ag?eements, stipu~otlons. conditiona and
conennnls set Jorfti in said note and t~is mortgage or either. ~n f{~e suent fhe mortgagor ~ai~s !o pay w~en
due any tax, assesamenl, insurance premium or other sum o~ money pnya6le 6y vi?tue oj said note and this
morfgage, or eifker, ttie morfgagee may pay f{~e some, wifhout iuaiving or n~~eclirtg I~e option to Jorec~ose
or any otl~er rig{~! hereurder, and all such pnyments shall bear interest /ro~n date tl~ereo/ nt tke hig/~est law-
(ul rate Ihen allowed by tl~e lau?s o~ the Stafe o~ Florida.
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~L any sum of money f~erein re~errec~ to be not promptGy paid wifhin ---30--- ~ayt nexl n(fer
the same 6ecomes due, or i~ eacl? and every !{~e agreements, stipulalions. conditions antl covenunts o~ said
nole and this mortpn~e, or ett~er, are not Jully per(ormed, complied wilh ,and abided 6y, t1~en tke PItI~~P
sum mentioned in snid note, nnd tl?is mortgage, or the entire balance unpaid ll~e?eon, al~all /orthwith or
lhereaJter, at the opflon o~ the mortgag~e. 6ecome antl be due anc~ papnble, anyl~ing in aaid note or herein.
to t~e conlrary notwithsfanc~ing. Faih~re 6y ~l~e mo~tgagee !o exercise any oj f{~e rights or opliona ~erein
prot~i~ec~ sha~~ not consfilulp a u+aiver o~ any rig~ts or options u~der said nofe or Itiis ntortgage accrued or
t~erea(ter accn~ing.
~n ~itness ~hereof~ tl~e satd mortyngor {~as I~ereunlo signed ancl sPaled these presenls Ihe
~Iay an~I y~ar Jiraf ahove turiften. -
Signet~.'sea~ec~ and de[irerpd i tl~e prpsence o~: ~ ,
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~ I STATE OF FLORiDA, ~
~ coux~rv c~F St . Lucie ~
I HEREBY CERTIFY that on this day, be[ore me, an
~ officer duly authorind in th~ Statr aforcsaid and in the Count~• a(or~wid to takr acknowledqmenu, p~nonally appeutd
~ Willis J. King and Fannie M. King, his wife ~
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~ to m~• known to be thr perwnS described in and who ~aecutcd the (or~qoinq instrument and they acknowledqed
~ beforr me that theyexccuted the same. .4:,_
, 25~:~,,~,,._,~
~ NlT\ESS my hand and o((icial seal in th~ Count • and Stat~• last a(or~said this "
3 ~ y r ~V j„~ ~i. ~
~ June a. n. ~9 79 ~ ,'titi~ ~.~1: ;
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~ 57.LUCIE CG!~VTY.FLA. ~~''~,,,As~~~1t,~ ~
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F.A:Harris
%7iic L~c~ni~~r~-ir~ Fr~~r~rfil !y: ~ 10 Orange Ave .
Fort Pierce, F1.
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