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and shall perform, comply with and abtde by each and w=cry the agreements, stipubtions, eondttiorts and
eotwrtanb thereof, and of this mortgage. then this mortgage and the atnte herby crated. shall cease, de-
tertnine and be null and void. -
the mortgagor h.r,eby jttrther cwwnonts and -agues to pry promptly when des the prtnctpal and
inteeest and other sums of mon~r provided for to sold note and ibis mortgye. or either; to pay oQ and
singular the coxes. assessments, k~.::~. !.:!~±!,i~es. obUgations. and encumbrances of every nature on said pro.
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peNy: to perrrtif. commit or suf
fir no tvoste. in+pairment or etertorotion of said -or fhv ltnprowmtmb - - "
tkenon at any time: to keep the buildings now or hers/ter on snid bud fully insured to a sum of not 4ss
than X25,000.00 in fire and windstorm insurance
to n company or componia atxepta64 to the mortgagee. the policy or po&da to be held 6y. end payab4
to. snid mortgagee, and in llte event any srtrn o/ moray becomes paya64 6y virtue of such tnstuance the
- mortgagee-shall-have-the-right-to-rocetve-and-apply.-the ea+w.-io-the-indebtedness hereby second.-~oanttnp -
to the mortgagor jar any surplus: to pay all costs. charges. and expense. including bwyer i fee, and ttt4
searches, reasonably incrtrred a paid 6y the nwrtgagee because of the jailtir+e of the mortgagor to promptly
and jolly comply wish the agreements, stipubttons. eortdittons and covenants of said note and thts mortgage,
or either: to.per/orm. comply..witlt and-abidsby each and every- the_agreements. stipubtions.laonditions and- - _
covenanb set forth to ,aid note and this mortgage or either. In the event the mortgagor jails to pay when
des any taz, assessment, tnstrrartce premium or other sum of money payab4 by virlw of said note and this
mortgage. or either. she mortgagee may pry the same. without waiving or affecting the option to jorecbse
or any other right hereunder, and all such paymenb shall bear interest from date therrof at the highest bw-
jul rate then allowed by the bwa of the State of Florida.
~L any sum of money herein ro(erred to be not promptly paid within 30 days next ajler
the same becomes due. or lj each and every the agreements. sttpubttons. conditions and eowna?tts of said
note and this mortgage, or either. one not jolly perjotmed. compiled with .and abided by. that the entire
sum mentioned in said note, and this mortgago, or the entire balonce unpaid ther+twn, shall forthwith or
thereafter. at the option of the mortgagee. 6eeorne and be des and paya64. anything in sold note or herein
to the eontr+ary notwithstanding. Failure by the mortgagee to exenci~e any of eke rights or options herein
provided shall not rnnstitttte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
J
~Il ~u1tSS ~IlteCtOf, the said mortgagor has hereunto signed and sealed these presents the
daq and year first above t~rtffen.
Signed, s an re n the presence oj:
• /
.---.--..------..--.--..-.-Q~
STATE OF FLORIDA,
covNTY of St. Lucie,
i HEREBY CERTIFY that on this day. before me, as
officer dui authorised in the State aforeuid and in the County aforeuid to take ackrwwrkdsments, personally appeared
Claud~ne__Gabler Ladd Gillespie, the former Claudine Gabler .Ladd
joined by her husband John E. Gillespie ~ -
to me known to be the persorg described in and who a:ecuted the forrgoina imtrument and they ackrarrkdsed
before me thatthey executed the same.
WITNESS my hand and official seal in the County and Stair last aforesaid this 18th day of
September A. D. 19 79
...~.~~.-r.~d.........~
1979 SEP 19 AN 9~ 3 I t~ ~ ~ ~
FIL.EOAND kEC0R0E0 ~ * ~
ST.LItC1E COUNTY.fIA.
ROGtiR P0ITRAS ~~;,~uti cn~~isi~
CLERK CIRCUIt CO~iAtT ~ ; :r..- ~
~ 1'; ;~.~_'s~i,,.. .
I~CORO YERIFiE^_.L~,. • J ~i
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4595'76 . - - s~ .
o'
~ Tlicr I,ufnrnct~ pirpn?ra hy: F• A. Harris jp
~`r~,
410 Orange Avenue ~~'-:r.?C;;3~,,~~>~_
Ft. Pierce, Florida
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