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and shall perform, comply with and abide by each and every the agreements, stipulations. condittorts and
covenants thereof, and o/ this mortgage, then fhb mortgage and the estate herby created, shall cease, de-
termine and 6e null and twirl.
Ti1N~ the mortgagor heroby further eovennnts and agrees to pry promptly when dw the principal and
interest and other sums of money provided for in said note and fhb mortgage. or either; to pay all and
singular the faxes. assessments, Ieutea, liabtliliea, obligations, and encumbrances of every nature on said pro-
perty: to petv?tit. commit or suf
jer no waste. impairment or deterioration of sold Iartd or the improvements
lherecn at any lime; to keep the butldtnga now or hereafter on said land fully insured in a sum of not Less
than ftl113nsUl~lblevalue
in n rnmpany or companies acceptable fo the mortgagee. the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such Instunrtce the
mortgagee shall have the right 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, incltsdtng bwyer's jeer and titb
searches. reasonably incurred or paid 6y the mortgagee because of the jailors of the mortgagor to promptly
and fully rnmply with the agreements, atipulattons, conditions and covenants of said note and this mortgage.
or either: to perform, comply with and abide 6y each and every the agreements, stipulations. conditions and
covenants set forth in said note and this 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 this
mortgage, or either. the mortgagee may pay the same, without waiving or of
jetting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
ful rate then allowed by the laws of the State of Florida.
~l any sum of money herei?t referred to be not promptly paid within thirty day: next after
the same bernmes drre, or if 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
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 6e due and payable, anything in said note or herein
to the contrary notwithstanding. failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not consfilttle a waiver of any rights or options .under said note or this mortgage accrued or
thereafter accruing.
~n ~itntSS whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first a6oae written.
Signed. sealed and delivered in the presence of : VAL~lB P TIIN
Inthar in, President
i
I
STATE OF FLORIDA,
COUNTY OF PALM SEAQi
I HEREBY CERTIFY that on this day, betorc me, an
officer duly authorized in the State atomaid and in the County aforesaid to take acknowledgments, personally appeared
IDfIiAR ES'lEIN, President of VATDE PEATY ~ORATICN,
to me known to tx the person described in and who executed the foregoing instrument and ~ acknowledged
before me that he executed the samy OICI behalf Of Sa'Ld oorporatim.
1YI7:'VESS my hand and official seal in the County and State last a[oresaid this 28th day o[
August A. D. 19 ~
.J ~ .
i ~ . Notary Public, State of rids at Iarge
' • ~ ~ 1919 SEP -6 9= 24 ~y ~ssian e~ires: - / p _ 8'~
~ FILEO ANQ PECUiiuEU
~ Y ST.LUCIE COUNTY.FLA.
G z r, . ROGER POITRAS
' ~ 1 ~ CLERK CIRCUIT CW
. .....t'~~.
` ~ ~ 45'73'74
ao~x3~5 P~256~
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