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and shall perform, comply with and abide by each anr/ every tl~a ag?eereeenfs. stipulations, conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate heraby created, shall cease, de-
termine and 6e null and void. -
the mortgagor Newby juNher covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided jor to said note and this mortgage, or either: to pay all aced
singular the foxes. assessments, levtes, liabililtes, obligafioru. and encumbr+tertees of every nature on saFd pro-
p~rty; to permit. commit or suffer no uwste. impairment or deferiowtion of said land or the improwmenb
thereon_ of any time: to keep the buildings now or hereafter on said Land fully insured 9n a stun of not less
than_ highest insurable value
in a company 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 o/ money becomes payable by virtue of such insurance the
moNgagee shall have the -right to receive and apply the same to the indebtedness hereby secured, aeeottnttng _ _
to the mortgagor jor any stupltts: fo pay all costs, charges, and expenses, including latuyer's fees and title
searches. reasonably incurred or paid by the mortgagee 6ecatue .oj the jailors of the mortgagor to promptly
- and jolly comply with the agreements, stipulations, eonditFons and rnvenants of said note anti this mortgage. -
or either: fo perform. comply with and abide by each and every the agreements, stipulations. conditions'and -
rnvenants set forth ir: said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, instuance premium or other sum of money payable 6y virtue of said noes and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to jorecbse -
or any other right hereunder, and all such payments shall bear interest from date thereof at the high8st law-
ful rate then allowed by the laws of the State of Florida.
~L any sum of money herein referred to 6e not promptly paid within 15 Jaya next after
the same 6ern?nes due, or ij each and every the agreements. stipulations. conditions and covenants of said -
note and this mortgage. or either, are not jolly pert
ormecf 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 -
thereajter, at the option of the mortgagee. 6eco?ne and be due and payable, anything in said note or herein
to the conlrory notwithstanding. Failure 6y the mortgagee to sxercise any of the tights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~lbteSS ~~ei~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year just above !written.
Signed, sealed and delivered in the presence oj:
i -n •
- - - ~ - ~ Pgu •
Ja - in - -
i _ -
STATE OF FLORIDA,
cc~u:~'TY OF St. Lucie
I HEREBY CERTIFY that on this day, before tae, an
officer duly authorized in the State aforesaid and in the County aforesaid- to take acknowledgments, personally appeared -
EDWIN J. MINTON and PAUL E. JACQUIN
to me known to be the person described in and who executed the foregoing instrument and ~'~y acknowledged _
before me that tl~ executed the same.
H'I7'NESS my hand and official seal in the County and State last aforesaid this 20~ day of
September A. D. 19 79 . -
Notary Public, `state of Florida
t9~9 SAP 24 - 34- My Commission -Expires : y-~-8/ -
FILED EMO kECOkt,: u 1lotary Pic, Stab et Flaidr at lets ;
ST.LUCIECOi1KTY.FIA. ,
ROGER POITRAS ~ Ceeeaissioe Expires Sept. 6. 19si,~ _ -
CLERK CIRCUIT CO T sM~ c....b cw•rr
RECORD L`~._ ...~~.,..~.~.::s~~;-' ,
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17iu I,ulnmrcit+ prprtrrd by: Ben L. Bryan, Jr. - '
P. O. Box 3230 iil1l!y~
Addrrxs Port Pierce, Pbriela 6uU1C~~~ PAGE
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