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and shall jx•rform, comply with and abide by ea/-h and every the agreements, stipulations, conditions and ~
cor•Pnan/s lhereo/, land of this mortgage, then this mortgage and 1hP estate hereby created, shall cease, de-
terntirlP a/ld bP ntlll•Ar~ 1-~VI~.
Iin~ f{tP marft(agor herrl?y (urlher cot•enanls and agrees fo pay promptly when due the principal and
inlPrest and othl•r stems of money provided for in said note and this mortgage, or either; to pay nll and
sinrytllnr the taYP3, assessments, IPUies, liabilities, obligations, and encumbrances of Pt•P?y nature on Said pro-
perly: fo f?ermil, commit or stllfer no waste, impairmen! or deterioration of said land or the improvements
then•ort at rl/ty limp; fo deep the buildings voter or htreafter on said land lolly irtsrlretl in a sum of not less
than $30,000.00 in fire and windstorm insurance
in a company or i-ompanies acceptable to the mortgagee, the policy or policies to bP held by, and payable
to, said mortgagee, and in the et•ent any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receitre and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay all cost:, charges, and expenses, including lauryer's jeer and title
searches. reasonably incurred or paid b the mart a ee because o the allure of the mart n or fo f
Y 9 9 f f 9 8 Promptly
and /r/lly comply urith tltP agreements, stipulations, conditions and cotenants of said note and this mortgage,
or either; fo perform, comply urith and abide by each and every the agreements, stipulations, conditions and
~ cvvenants set forth in said note and this murigagP or either. !n the event fhP mortgagor Jails to pay when
title any fax, assessment, inst/?ancP premium or other sum of money payable by virtue of said note and this
morlgagP, or either, fhr• mortgagee may pay the same, tuithouf ttraitring or affecting the option to foreclose
ur any other ri~hf hereunder. and al[ such payments shall bear interest from date thereof of the highest late- {
luI rate then allou~erl by the laths of the Safe al 1=lorida.
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any sum of money herein referred to be not promptly paid within --30-- days next alter ~
the same bel'OmPS due, or it each and every the agreements, stipulations. conditions and covenants of said
note and this mrnfgaye. or either, are rtot lolly performed, complied with •and abided by, then the entire i
stem mentioned in said Hole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
(hereafter, at the option of the mortgagee, become and be drle and payable, anything in said note or herein
fo the canlrary nofwithsfandinq. Failure by the mortgagee fo exercise any of the rights or options herein 1
provided s{tall no! consfitrrte a toaiver of any rights or options under said note or This mortgage accrued or
f{lereaffer accruing.
~n ~ltgeSS ~herenf, tbr• said mortgagor has {?1•rPrlnfa signed anti SPQIPd fhPIP prP5Pn15 1hP
r{ay anr{ year lirsf above urriffen.
Signed. sealed rtd de ' • red in the rresen
( r P Ol:
l . - _ _ _ _
. ~ .
{ _ - -tom
STATE nF Ft.ORIDA,
crn-vTV c)F St . Lucie
~ I HEREBY (:ERTIFY that on this day, before me, an i
officer duly authorized in the Stair aforesaid and in the County afon•said to take acknowledgments, personally appeared
Carlton E. Saunders and Anne L. Saunders, his wife
to nu• known to he the pcrwrS described in and who executed the tom¢oing instrument and they acknowledged
I
befon• me that they executed the same. '
N'IT\F.SS my hand and official seal in the (:aunty and State last aforesaid this 28th day of
j November D. 1979
+ ~ J,•' ~ • ~ . •~teftrry Pull'-. S' : of ~ :,:'te'a o? Ior~ ~ ~ t
':Ei ~si , , . r ~ • ;~~.C.iatiw.:Z.o.. _,T.res Jun. 26. 1SL0 r
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I %%ru Gct/nnnr•nl frrrf?drirl F, A. Harris
410 Orange Avenue
Fort Pierce,Florida 33450 PaCE