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and shall perform, comply urfth anfl abide by each and every the agreements, sltpulation's, conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and void.
Iin~ the mortgagor hereby further covenants and agrees fo pay promptly when due the principal and
i??feresl and other sums of money prodded for in said note and Ihis mortgage, or eilhe?; to prey all and
singular the fares, assessments, letries, liabilities, obligations, and encumbrances of every nature on said pro-
perly; fo permit, commit or suffer rto waste, impairment or deterioration of said land or the improvements
thPMl`n at any IimP; to ~ePp flip buildings now or hereafter on said land jolly insured in a sum of not less
than fully insurable value
in a company or Companies acceptable fo fhP mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the etrenl any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to ?et•PitrP rend apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any surplus; to pay all costs. charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and jolly comply urith the agreente??fs, stipulations, conditions and covenants of said note and this 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 fails to pay when
due mty tax, assessment. insurance premium or other sum of money payable by virtue of said note and this
mortgage, or eif?rer, the mortgagee may pay the same, tuifhotrt waiving or of
jetting the option fo foreclose
or any other right herP??nder, and all st?ch payments shall bear interest from date thereof of the highest law-
ful rate then allowed by the lours of the State of Flo?ida.
~l any st?m of money herein referred fo be not promptly paid within thirty days next of ter
the same becomes due, or iJ each and every the agreements, stipulations, conditions and covenants of said
note and this ntorfgage, or either, are ?tof fully performed, complied with and abided 6y, then the entire
sum mP?ttiorterl in said note, and 'this mortgage, or the entire balance unpaid lher~eon, shall forthwith or
thereafter, at t?te option of the mortgagee, become and 6e due and payable, anything in said note or herein
fo the Contrary noturifhstartdirtg. Failt?re by the mortgagee fo exercise any of the rights or opffons herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereat ter accreting. -
~n witness thereof, tllr• Sald ntorlg;rclor IIaS IterP?rnto SI(tI1Pd and Sealed these presents the
day and year f
irsl above a+rillen.
Signed, se led and delivered in the presence of
nnie oy~n-
ar - re .'Brown
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STATE OF FLORIDA, /1`
II COC\"I-Y OF St. Lucie
I HEREBY CERTIFY that on this day, be(orc me, an
officer dul~• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
JOHNNIE BROWN and MARGARET A. BROWN, HIS WIFE
to m+• known to lx• the p•rson $ described in and who executed the foregoing instrument and they acknowledged
(x•(orr me that theyexeruced the same.
~~'I7 \F.SS rm• hand and official seal in the County and State last aforesaid this ~ day of
November D. l9 79
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NOT Y PUBLIC-S ATE OF FLORIDA
~ AT LARGE
My Commission Expires: 9--~'~1.~_
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4~iS'794 ~ ~
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1%is IJlSl7l/Jllfll/ t[' ar?•r~ G ~?w'~ '••^e-~~^~
.~IJdrxr Ben L Rrr>tn, k. G7~K3~ PaGE ~59 '''rrt,,,:.,,
P. 0. Box 3230
Fort Pieru? Florida ~