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and shall perform, comply with and abide by each and wary the agreements. stipulationi, conditions and
corenanfs thereof. and of this mortgage, then this mortgage and the estate herby created, shall erase. de-
(ermine and be null and void.
the rrtorlgagoe hereby f
urfher covenants and agrees to iwy promptly when due t1t~ principal and
interest and other sums of money provided for in said note and th4 mortgage. ar tither; to pay all and
singular the faxes, assessments. levies. liabfkttea, obligations. and encumbr+artc~es of awry naturo on said pro-
p~rty; to permit, commit or suffer no waste. impairment nr detertoratton of said land or the impr+ovemenq
thereon at any lime; to beep the buildings now or hereafter on said land juUy iruuned in a sum of not less
than the full irisl~hrable'value thereof- _ -
in acompany or companies acceptable to the mortgagee. fhe_policy or policies to be held 6y, and payable
to, said mortgagee. and in the event any stun of money becomes payable 6y virtue bf such iruurartce the
mortgagee shall have the .right to receive and apply ehe same to the indebtedness hereby secwrd, accounting
to the mortgagor for any surplus; to pay -all costa. charges, and expe7tsea, including lawyer i fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure o/ the mortgagor to promptly
and fully comply with the agreements, stipulations, eortditions and covenants of said note and ibis mortgage.
or either; lo-perform, comply with and abide by each and every the agreements, stipulations, conditions and
rnvenanta set forth in said note and this mortgage or either. In -the. event the nEOrfgagor fails to pry when
due any tax, assessment, ir~sttronce premium or-other sum of money payable by virtue of said note acid this
mortgage. or either. the mortgagee mny pry the same. without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
JuI rate then allowed by the-Iowa of the State of Florida.
~L any sum of money herein referred to be not promptly, paid within thirty days next after
- the same bernmes due, or iJ 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
ihereaf
tom. at the option of the mortgagee. become and be due and payable, anything in said note o~ herein
to the contrary notwithstanding. Faihrre by the mortgagee to exercise any of the rights or opttons he.+ei,t -
provided shall not eonsfihde a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n . ~~Cf~ the said mortgagor has hereunto signed and sealed these presents flit
day and year first above written. -
Signed, sealed and delivered in the per tree of : - -
S M. CLANTON ~ -
------W-
-
- - . ~~tTbN -
STATE OF FLORIDA,
COUNTY OF ST. LUGIE
I HEREBY CERTIFY that on this day, before tne, an
officer duly authorittd in the State aforesaid and in the County aforesaid - to take acknowledgments, persoruUy appeared -
LEWIS M. CLANTON and MARGUERITE M. CLANTON,-his wife,
to me known to be the person$ described in and who executed the (orcgoing instrument and they acknowledged
before me that they executed the same.
r
Wl7'NESS my hand and official seal in the County and State, last aforesaid this day . of
October A. D. 19 ?9 _ t:;- ;
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ST.LUCIE COiN~TY.fI A.
ROGER f
017itAS t~IpTI1R1I tUfIIIC STAZF OF RORI!!~ . ~ `1~ r`•. ; J.,
CLERKCIACUI7 AAY COMMISSICNJ fLPIicES5Et+7 ~~,N_ 9: Y.::~•'~~• ' f_:= -
RECOitD VERt~'Fi1 NOnIDED l ^a~ INS . uNp~RWii1i~~, ~ ' F'
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313 .
"l/iis hulnmicrd pnParea by: VINCENT A. LLOYD
Post Office Box 4382 pR~~"7 PAGE~1t;~~
Fort Pierce, Florida 33450 aG~K / ;~,eeJ~~lt