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and shall perjorYrt, inmply with and abide by each and 'edrry the agtwmenta, sttpulattoni, condittorts and
covenants thereof,- and o/ this mortgage, then this mortgage and the estate hsnbr crated; shag cease, de- -
. (ermine and 6e null artd void. -
. ~d the moNgagor Newby further! covenants and ayr+ces to pay promptly when due the princlpni and
'lnterrsl and other sums of money provided jor to said note and this mortgage, oar either: to pay all and
singular the tares, assessments, levies. lia6tlittes, obligations, and encumbrances of every nature on said pro-
perty: fo permit, commit or suffer no waste, impairment or deferioratfon of sold land or the tmprovemenb
thereon at any time; to keep the buildings now or hereafter on said land jolly insured in a sum of not less
than N/A -
in ncompany or companies acceptable to the mortgagee. the policy or policies to 6e held 6y, and payable
to, said mortgagee, and In the event any stun of money becomes payable 6y virtue of suck insurance the
mortgagee shall have fire right to receive and apply the same to the indebtedness hereby secured, aeeounttng
to the mortgagor jor any sttrphts; fo pay all casts, charges, and expenses, -including lawyer's Jess -and title
searches, reasonably incurred or paid by the mortgages bemuse of the jailors of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of snld Hole and this mortgage.
- or either; to perform, comply with and abide 6y each and .every -the agreements, stipulations, conditions and
covenants set forth fn said note and this mortgage or either. In the event the mortgagor jails to pry when
due any tax, assessment, insurance premium or other stun o/ money payable 6y virtue o/ said note and this
mortgage, or either, the mortgagee may pay the anme. without waiving or affecting fire option to foreclose
or any other right hereuntle~ and all such payments stall boar interest from date thereof at the highest law-
jul mfe then allotuerl by the laws of the State o/ Florida. _
~f any sum of money herein referred to be not promptly paid witl~fn 30 drys next- after
the same becomes due, or ij each and every the agreements, stipulations, conditions and. covenants of said ,
note and this mortgage, or either, are not jolty performed, complied with and abided by, then the entire _ -
sum mentioned in said note, and this mortgage, or the entire balance unpaid fher+eon, shat[ forthwith or
thereafter, of the option o/ the mortgag®e, become and be-due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by 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 as
thereafter accruing. _
- ~n fitness thereof - - -
~ the said mortgagor has hereunto signed and sealed these presents the
~ da and -
y year first above written. _
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- Sign , sealed and a 've in the resence of : -
i - -
- _ RAY yiAYS - -
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- - - - MARY --BAYS -~~G~.=~l------_-----------••-----------®
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STATE OF FLORIDA,
COU:~'TY OF St. Lucie - - -
- - I -HEREBY .CERTIFY that on this day, before tm, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknuwh:dgments, personally appeared
RAY BAYS and MARY ANN BAYS, his wife,
tc me known to be the pcrsong described in and who executed the foregoing instrument and- they ackrawledged
_ heforr me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid thu day of
A. D. 19 79.
(9T9 SEP 2(t PN Z= O9 NOTARY PUBLIC
' ~ ~ F LEO AfiU RECGRIiE J
_ LUCIECt)I;NTY.fLA.
't.' ~ ~ ' ti RtS(aER PQITRA5 11M~?/~ ~g ~
_ ' a CLERK CIR'.'hIT COUR _ t~ ~ ~aysien E~~i1NJwNtOrt~d1
r • c uJ _ RECORD VERIF!rn~ ~--y-'' _ -
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~tc~-. ~ 459882 _
This I:ulni„ttn~ pscpnrra Ly: _
BOU~c~ I P~Cf ~ r~
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