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and shall perform, comply with and abide by each and every the agtwrrtenls, attpulaltons, conditions and
eot?enants therooj, and o/ this mortgope, uteri !hb mortgage and the estate hereby created, shall chose, d.-
termine and 6e nnll and void.
1111U the mortgagor Newby f
uNher covenants and agrees to pay promptly when dw the principal and
interes! and other-sums of money provided for in said note and this mortgage, or either; to pay aU and
singular the faxes,: asses:meats, levies, liabilities, obligations, and encum6roncei of awry nature on said pro-
perfy: to permit. commit or su11er no waste, .impairment or dele?ioratton of :aid land or the- tmprowmenb
thereon a! any lime: !o beep the 6tttldings now or hereafter on said land fully insured to a sum of not less '
than highest insurable value
in a company or companies acceptable to the mortgagee. the policy or poltdes to 6e held 6y, and payable
to. said mortgagee, and in skis event any sum of money becomes payable 6y virtue of such insurance ilia
mortgagee shall. hate the right to receive and apply the same to the tndebledness hereby secured, accounting
to the mortgagor for any surphrs; to pay all costs. charges, and expenses, including lawyer's Jess and title -
searches, reasonably incurred or paid by the moNgagee because of the Jatltu+e of the mortgagor !o promptly
and fully comply with the agreements, stipulations, conditions and covenants o/ said nose and this mortgage,
or either; to perform, comply with and abide 6y each and every-the agreements. stipulations, conditions and
rnuenartts set forth to said note and fhb mortgage or either. In the event the mortgagor Jails to pay when
due any tax, assessment, insurance-premium or other sum of money payable 6y virtue of said note and thb
mortgage, or silkier, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and nII such payments shall bear interest from date thereof at 1kie kiighest law=
(ul rate then allowed by the -laws of the State of Florida. _
~l any sttm of money herein relsrrsd to be not promptly paid within .fifteen days next s/ter
the same becomes dus, or i/ each and every the agreements,- stipulations, conditions and eownants of said
note and tkiis mortgage, or either, are not fully performed, complied witki and abided 6y, then the entire
sum mentioned to said note, and lhb mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be dus and payable, anythigg in said note or herein
to skis contrary notu~fthslanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
Ihereaf fsr accruing.
~~M F
n ~JulQSS ~~~f, Ikie said mortgagor has hereunto signed and sealed these present: the
day and year fiat above tvrttfen.
TtiiS IS A BALLOON MGRTGAGE, Arty T:iE C6AfA1.
Signed, sealed and delivered in the prPSPflcP of : FAYM:NT GA THr~E 8AL!'.!fCE CUE UPv?J b: -:'.7,17Y
IS S ~~j Q3/.o`2.~ TC:'{•~a .`::::1 !:C
. C!al7i:D l:iT:~:~7, IF ---`a,l•`'---l:F~ AL1-...'..'.....--_..._...
MEATS h!li9E GY T:: t.'~ ::C~.C,L= U:::;C.^-.
- • . - -TF~tttS--C`S--YstS-kiuf:TG»GL-•----._.................--••--•- -
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- J se Mil er
STATE-OF FLORIDn, ~ - _
COUITY OF $T. LUCIE I HEREBY CERTIFY that on this day, befo
~tne, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
JAMES E. HATFIELD, JAMES R. `PURNER and JOSEPH G. MILLER
to me known to be the persons described in and who executed the forcgoinR instrument and they acknowkdsed
hefore'me" that theyf7CtC1tdd the=save.
'~~'I7~VESS my hand and official sfal in the County and State last aforesaid this 3rd daY ~
n. D. 19 7 9 .I .
August
t
No a y P is
~9t911UG - T A~ g 57 -
rt?tt,Rr ~?!L'. Stan Q? ?LCiRiDA Al !/4!)I(~
~~T~ arr caait+llssloN OVIRlS ~t t? was
~ ~
f'OtTRASA. K7t~f0 ff~U C~I~ktl/tt INS t1N0fRWR11fRS'
1FEC81lDYFitIFtEt'.~
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B ~,G rr , =
• . .
This Irulrntnt?tt prrpntr~l by~OtHN eDAGAR SHERRARD ~~r~ti•.,,•••., •
y ~ FlU:tiGS~~.S
203 S. Ir•.d::.n "fiver vriw
~ A~/dnxc -
p. O. Box ~ 332 314
,I - Fort Pierce, Fiorida 334'50 ~U'iK P~Sf ~ !