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and !hall perform, comply wifh.and abide 6y each and every the agree?rtenfs, stipulations. eonditbns and
covenants tlte?eoj. and of this mortgage, then Ihis maHgoge and the estate hereby chafed. shall cease, de-
termine and 6e null and twirl.
71<It~ Ihv mortgagor hero6y Jtuther c~ove~tanb and yroea to goy promptly when dw the prtncipol and
interest and other sums of money provided for in said note and this mortgage. or either; fo pay all and
singular the faxes, assessments. levies. liabilities, obligations, and enctunbranca of every nalttre on said pro-
perly: to permit. commie or sue
jer no wwfe, Impairment or deteriorofion of sold land or the tmprowmsnt
therrcn at any time: to !reap the buildings now or hereafter on said land fully irtst?red in a stun of not less
than full insurable value
In a company or companies acceptable Io the mortgagee, the policy or policies to be held by, and payable
~ to, said mortgagee, and in the even! any sum of money becomes payable 6y virtue of such insurance the
2 mortgagee shall have the right to ?eceit/e and apply the same to the indebtedness hereby securod, aecotanting
` to the mortgagor for any stuplt?s: to pay all coats, cha?ges, and expenses. Including lawyer's fees and title
searches. ?easonably incurred or paid 6y the mortgagee because of the failttro of the mortgagor to promptly
-and fully comply with the agreements, stfpulatlona, condtNons and covenants o/ said note and this mortgage,
or either; to per)orm, comply with and abide 6y each and every the agreement. stipulations. conditions and
. etfvenanfa set forth in said note and fhb mortgage or either. In the anent the mortgagor jails fo pay when
due any fax, assessment, insurance premium or other sum of money payable by virtue of said note and thb
mortgage, or either, the s'Ytortgagee may pay the same, without waiving or of
fecttng the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date fherroj at the highest law-
f
ul rate `then allowed by. the laws of the State of Florida.
~l any sum of money herein ref
erred to be not promptly paid within 10 days next njtet _
the same becomes due, or if each and every the agreements, stipulations. conditions and covenant ~oj said
note and this mortgage, or Plther, are not fully performed, complied with and abided by, then 'the entire
sum mentioned in said note, and this mortgage, or the entire balance ttnpaid thereon, ahaU forthwith or
thereof
ter, at fho option of the mortgagee. become and be due and payable, anything in said Mots or herein
to the contrary notwifhsfanding. Failure 6y the mortgagee to exercise any of the rights or opttons heroin
' provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
' !hereafter accruing.
~n ~he~eof, the said mortgagor has .hereunto signed and sealed these presents the
day and year f
int above written.
Signed, and deltnered the presence of
and L_:_.. pon~
•
j Doris L. Spo
I
STATE OF FLORIDA.
couNTY of ST. LUCIE
I HEREBY CERTIFY that oa this day. before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, peraonaUy appeared
RICHARD L. SPONG and DORIS L. SPONG, his wife,
€ to ate' /Crown to be the person .3 described in and who executed the [orcgoinR instrument sad they acknowkd~ed
heforgtc~tr-that they executed the same.
r
' N'T7'NESS my ha?gl and official seal in the County and State last a[oresaid this day of
r.
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lAu'~, '..A. D.. 19 ~9 . -
i r _ _ _
. ~ N ary Public, State of Florida
- rr ~ ~ _ - ~ at Large .
-
` - My commission expires
. .
" .1979 ~!„G .2 ~ P!4 ~ a~
' PILEO ANO kECOk~Dpc~,O ~ r~ ' t ~ ~ • r r 'k~
s - - ST.LUCIE COIiNTY.FLA. C~. ~'{~"I` ~ ~ ~,t''. ,C gt
' ' ROGER POITRAS ~ ~ ,
CLERK CtRWIT COURT s. t~AR1< )lllltC STAIE'~ f~i~11 AT tNGE
'RECCRO YERIF'fF0____...-- •AAr tonuuuiSiov E,'ytRES A/R. )0 191
•OMED TNRIi (KNE~/1t INS IJt~DERWR11Qs
t
Tliu hutrumar~ prpurrd by: Spencer B . Gilbert of Gilbert , Dorfman & Orr , P .
Ad~l,>=rs P. 0. Box 3388
Fort Pierce, Florida 33450
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