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and shall perform, comply with and abide 6y each and every the agreements. sttpulalioris, conditions and
covenants thereof, acid of this mortgage, then this mortgage and the a:fate herby created, shall cease, de-
lermine and be null and twld.
the mortgagor pert:by juHhet 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; fo pay aII and '
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singular the tares, assessments, levies, liabiltfies, oblIgafions, and encumbrances of every nature ort said pro-
perly; fo permit. commit or strjjer no waste, impairment or deferiorofton of said land or t/te tmprovemertls
lherncn al arty time; to keep the buildings now or hetrajter on sold land fully insured to a sum of not less
than ,maximum insurable value
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable >
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such instrronce the 4
mortgagee shall have the right to receive nrtd-apply the same to the indebtedness hereby secured, accounting s
to the mortgagor jor any surpltu: fo pay all costs, charges, and expenses, including lawyer's /ees and title
searches, reasonably incurred or paid by the mortgagee 6ecnuse of the jailtu+e of the mortgagor fo promptly
and fully comply urith the agreements, stipulations, eondittons 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 jails to pay when
due any tar, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may 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-
ful rate then alloured by the laws of the State of Florida.
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any sum of mo?tey herein referred to be not promptly paid within thirty(30) clay: next after i
the same becomes dire, or fj each and every the agreements, stipulations. conditions and covenants of sold ~
note and this mortgage, or either, are not fully performed, rnmplied with and abided by, then the entire 1
sum mentioned in said note, and this mortgage, or the entire balance unpaid fher+eon, shall forlhwifh or
therenjter. of the option o/ the mortgagee, become and be due and payable, anything in said note or herein
fo the c~ontr'~ary nofwifhsfanding. Failure by the mortgagee to exercise any of the rights or options -herein
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pror~iderl shall not constihrfe a waiver of any rights or options under said note or this mortgage accrued or ~
Iherenfler accruing. #
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~Il ~1t11tSS ~~Of, p ;
the said mortgagor lea. hereunto signed and sealed these resents the
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rlav and year jlrSf oboe=e u~rittrn.
Signed, sealed and delir~ere n the presence oj:
_ ~ nom, -I`~ ~
DAVID L. FROMANG, M.D.
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STATE OF FLORIDA,
cOr~TY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
DAVID L. FROMANG, M.D.
to me known to tx the person described in and who executed the foregoing instrument and he acknowledged
i heforc me that he executed the soma
N'I7:tiESS my hand and official seal in the County and State last aforesaid this 13th day of
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A. D. l9 7 9 .
November
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. • • "~15 I~;JSJ ~ s i'~. ~l; Notar Public - State Florida
- at Large.
• ~ tI~EU~-I,i+~l;...~~L My Commission Expires: 4/7/82
ST. LUCIE l.i: ~tiTY. ~i A.
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4'321
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