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and shall prrjorm, comply u•fth and abide Icy Par•h and PaPry Ihw agreements, sfipulalioris, rnndtttona and }
cotrenn?tfs thereof. and of this mortgage, then this mortgage and the estate hereby created, :hall cease, ds-
termine and be null and void. s
><ln~ the mortgagor hereby further covenants and agrees fo pay promptly when due the principal and
interest and outer sums of money provided jor in said note and this mortgage, or either; to pay all and .
singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every nattue on said pro-
perty: fo permit. commit or strjjer ?to uraste, impairment or deterioration of said land or the improvemenla
fherecrt of arty time; to keep the btrildi?tgs nou, or hereafter on said land jolly insured in a sum of not less
than
in n coml?any or companies acceptable fo the mortgagee, the policy or policies to 6e held by, and payable
to, said morlftagee, and in the even! any sum of money becomes payable by virtue of such Insurance tht •
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surplus; fo pay all costs, charges, and expenses, including lawyers jeer and title
searches, reasonahly irtcrtrred or paid 6y the mortgagee because of the jatlure of the mortgagor to promptly i
and jolly comply with the agreements, stipulations, conditions and covenants of said note and Ibis mortgage.
or either; to perform, comply with and abide 6y each and every the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, Ilte mortgagee may pay the same, without tuaiving or affecting the option to foreclose
I or any other right heretrrtder, and all such payments shall bear interest from date thereof at the highest Iaw-
jul rate iherr alluureKl {?y flre luu~s of the state aj Flnrfda.
~l any sum of money herein referred to be not promptly paid within T~lirty days next after
the same becomes due, or if each and every the agreements, stipulations. conditions and rnvenants of said
note and this mortgage, or either, are not Jolly performed. rnmplied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein
fo the contrary noftuithsfanding. Failure I,y Ilre mortgagee fo exercise any of the rights or options herein
provided shall not constitute a waiver of arty rights or options under said note or this mortgage accrued or
(hereafter accruing.
~n witness thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year f irsl abore ?rritfen.
Signed. led and delivered i he presence of
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~ Ernest E. Settle
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Ma ine E. Settle
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STATE OF FLORIDA,
COt'~TY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the Counq• aforesaid to take acknowledgments, personally appeared
ERNEST E. SETTLE and MAXINE E. SETTLE, his wife,
~ to me knuw'n to he' the persons described in and who executed the fore¢oin¢ instrument and tYleyacknowledRed
before me that theyexecutea the same. ~
` N'il'~F.SS my hand and official seal in the• (:aunty and State last aforesaid this ~ day of
If October , D. 19 7 9 .
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Not Public - Stat of Florida
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