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artd shall perform, comply urffh artd abide by each and every the agreements, stfpulationi, eondittona and
cot+ettanfs thereof, artd of ~f{ris mortgage, Then this mortgage and the estate heroby created. ahaU eense. dt-
fermine and be null and void.
~n~fhP mortgagor hereby further covertanls and agrees to pay promptly when dt,: t:.v i:incipal and
interest and of{ter sums of money provided for in said note and fhb mortgage, or either: fo pay all and
singular the taXPS. assessmertfs, levies, liabilities, obligations, and encumbrances of every nnttsre on snid pro-
perly; fa permit. commit or sttf
ter no u+astP, impairment or deferiorallon of said land or the improvements
1hPrecn at arty time; to ~ePp the buildings nou? or heirs f ter on said land fully insured in a sum of not less
than highest insurable value.
in a company or companies acceptable to the mortgagee, the policy or policies to bs held 6y, and payn6le
to. said mortgagee, and in the event any sum of money becomes payable 6y vAttre of such insurance the
mortgagee shall hat+e the right fo receive and apply the same to the indebtedness hereby sectu~ed, aecottnting
fo the mortgagor for nny surplus; fo pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably inctrrrerl or paid 6y the mortgagee because of the jatltue of the mortgagor to promptly
and fully comply urith the agreements, stipulations, conditions and covenants of said note and thin mortgage.
or either: fo perform, comply with and abide 6y each and every the ngreementa, stipulations, conditions and
cot+Pna?tts set forth to said note and this mortgage or either. In the event the mortgagor fails to pay when
due nny tats, ossessmertt, instrroncP premium or other sum of money payable 6y virtue of said note and fhb
mortgage, or either, the mortgagee may pay the same, without waiving or of
jeNing the option to foreclose
or any other right herPtrnder, and all such payments shall hear interest from date thereof at the highest lnw-
jul rate then allow+ec{ by the lairs of the $fate of Florida.
~l any sum uj money herein rejPRed IO be not promptly paid wit{tin thi=ty days next after
1hP same becomes dtrP. or if each and every the agreemPnfs, stipulations. rnndifions and covenants of said
note and this martgagP. or either, are not fully performed. complied with and abided by, then the entire
sum mentioned in said note. and this mortgage, or the entire balartee unpaid thert~on, shall forthwith or
thereafter. of the option of the mortgagee, became and I,e due and payable, anything in said note or herein
fo the contrary noftt+ifhsfartding. FailtrrP by the mortgagee to PxPreise any of the rights or options herein
provided shall not constitute a u+aiver of any rights or apfions under said note or this mortgage accrued or
fherea f ter accruing.
~It ~lttltSS whereof, the said mortgagar bas hereunto signed and sealed these presents the
day and year first share mriflen.
Signed, sealed nd delire in the presence oj:
~ID HYL
l/: l~-
-r-
STATE OF FLORIDA,
c~~:vTY c~F St. Lucie
I HEREBY CERTIFY that on this day. before rate. an
officer duly authorized in the State afonaaid and in the County aforesaid to take acknowledgments, personally appeared
David C~a~ck Hylton and Linda Cheryl Hylton, his wife
to me known to be the prison Sdescribed in and who executed the foregoing instrument and Who acknowledged
lxfore me that they executed the same. 4
H•I'ItiESS my hand and official seal in the County and State last aforesaid this 30th daY ~ _
November A. D. 19 7 9
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~ `T'~+ NOTARY P~~C
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+ f1LED Ah : ~ - aED
~ ~ : Nov 30 2 ~ 3 ?u ~ ~
t: s iJ ~
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