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and shall perjarrrt, comply with and abide by each and aoery the agnetnenb, :tlpulattons, eortdilloru and
eowrwnb thereof, and of this rreortgage, than this mortgage and the estate hereby a+eated, shag cease, de-
tennine and bf null and void.
the mortgagor hereby further eownanu and ~rws to par pno+Mptly when dw the prt.?etpal and
Interest and other -scans o/ money providsd for in said note and thu mortgage, a either: !o pay all and
singular the. taxes, auessments, levies, liabilttl_tt. o~ligattotu~ and ~ncumbrnn~es of ewey nature on_ wid pro-
perty: to permit. eomrrtlt or suffer no wawa. impairment or deterioration of sold land or the improwmenfs
therrlo?t at any time: to ~4e~ep the buildi!!~~s~~ now or hereafter on said land fully insured 1n a sum of not less
eha,i ELEVEN THOUSAND FIVE ~lUNDRED & NINE DOLLARS--92/Y00---------------
tn a eontpany or companies aooepeable to the mortgage. the policy or policies to 6e held by, and payabb
to, said mortgagee. and to the event any sum of money becomes paya64 by virtw oj' such Insurance the
mortgagee :hail haw the right to retastw and apply the same to the indebtedness hereby cacttred, acoounttrtg
to the mortgagor for any curplw: to pay all ewu. charge,. and expenses. Including lawyer i j.., and title
cearrhes. reasonably tnctund or paid 6y the mortgagee because of the failure of the rrwregagor to promptly
and jolly comply with the agremenu, stipulations, conditions and eovertants of said note and this mortgage.
or either: to perform. comply with and abide 6y each and every, the agreerttertb, stipulations, oortditiorts and
covenant, see forth in ,aid nob and this mortgage or etcher. In the event the mortgagor jaib to pay when
dw any tax. auesament, insurartee premium or other scan of money payabb 6y virtue of said note and this
mortgage. or etcher. the mortgage. may .pay ih• same, without waiving or affecting the option to jorcloce
or any other right hereunder, and all such paynwnu shall bear interact from dab tharrof at the htghe:t law-
. ful rate then .allowed by .the laws of the State of Florida.
7! any. ,tun of money herein referred to be nqt promptly paid wiehin day:, next, alter
the. came 6ernmea due. or tj each and every the agroemenb, atiptslatforu. conditions and eovertanta of said
note and thu mortgage. or either, are not jolly perlonrted, complied with; and abided by, then t/te enttr+t
cum mentioned to said note. and this mortgage. or the cretin balanw unpaid !hereon: shall forthwith or
thereafter, at the option of the mortgagee. 6ec~ome and be due and payable. anything in sold nob or herein
fo the contrary notwithstanding. Failure 6y the mortgagee to exercise any of ehe rights a options herein _
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter acc~rusi~ng. `
~LII~ ~~ls the said mortgagor ha: hereunto signed and sealed. these p?esents the
day and year f
trst above unitten.
Signed, sealed and delivered in the prese oj:
a o
'~I~ a Mae ce
i
iI
I STATE OF FLORIDA,
covrrrv of St. Lucie
I HEREBY CERTIFY that on thu der. bdore me, as -
officer duly authorized in the State aforesaid and in the County aforesaid to take ackrwwkdaments, personally appeared
James S. Morice & Ida Mae Morice, his wife
to tree known to be the person described in and who executed the for+t~oirt6 instrument and they acknowkdaed
before me that they executed the same.
~Wri'NESS ttty hand and dficial seal in.the County and State last aforesaid this 13 der d
Sept. A. D. 19 79
j9T9 SEP I4 PN~;~ 07
Q
Fl!LEO AND RECOkJEO -
ST UtC1E COiNiTY.fIA. NOrfAtY /1AtK AA]E Oi 1trORltliA AT IJIfCE
ROGERPOITRA5 ~ taotllwystat ttAt>gs =S iFtlS
CLERK CgtCt11T CO ptgg0 Ttw ARK MIS . IIIiOERWU itRS
Rt:CORO VERIFI.O `
_ L` f,, ~ n,..,. c
~ -gin ~K_
i
Tllu hr~iunrnt ~,rd by: Jackie Talamine _l~~~ti ~j C~~4C_ ,
- fir=.
AddrrxrFirst National Bank of Fort Pierce - ~
P.O. Box 970, 300 S. 6th St. , Ft. Pierce, Fla. 33450