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rend shall perform, comply with and abide 6y each and every the agreements, sfipubttons, rnnditbna and
cotenants theroo/, rend of this mortgage, then this mortgage and fits estate hereby created. shall cr:fse, de-
termine and be null and void.
- the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and
interest and other sums of money provided for in said note and thta mortgage. or either; to pay all and
singular the tuxes. assessments, levies, liabilities. obligations, and encumbr+nrtas of every nature on said pro-
perty: to permit, commit or suffer no waste. impait~rrtenf or deteriorYtfton of sold land or the improvemenb
ther+ecn at any time; to leeep the buildings now or hereafter on said trend fully insured in a sum of not less
than highest insurable value.
in a eompnny or companies accepfnble to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, and in the event any stun of money becomes payable by virtue of such tnsu?ance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor for any surplus; fo pay all costs, chnrges, and expenses, tncltidtng lawyers fees and title
senrrhes, reasonably Incurred or paid 6y the mortgagee becatue of the failure of the mortgagor !o promptly
and fully comply with fate agreements, stipulations, rnndiltons and covenants of :aid note and this mortgage,
or either: to perfo?m, comply with and abide 6y each and every the agreements, atipulattons, rondifions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor lath to pay when
due any tax, assessment, insurance premium or other stun of money payable by vbtue of sntd note and this
mortgage. or either. the mortgagee mny pay the same. without waiving or of
farting the option to fonclwe
or any other right hereunder, and all such payments shnll bear interest /rom date thereof at the highest law-
f
ul rate `then allowed by the laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within Fifteen duya next after
the snore becomes due, or if eoch and every the ngreemenfs. stipulation:. rnnditiona and covenanb of said
note and this mortgage, or either, are not fully perfot~rted. rnmplied with and abided 6y, then the entire
stun mentioned in said note, and this mortgage, or the entire 6nlance unpaid thereon. shall for~ltwith or
thereof
ter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwifhstnnding. Failtur 6y the mortgagee to exercise any of the rights or optioru herein
provided shall not constitute a waiver of any rights or options under :aid note or this mortgage accrued or
thereafter accruing.
1n ~~uleSS ~ht~tof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written. ~
Sign sealed rend delivered in the presence c+f
- - L.S.
t ss ~ .A xander W. Hammond
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I~i tries i
L S.
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L.S. '
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STATE OF FLORIDA.
trovNTY of S t . Lucie
I HEREBY CERTIFY that on this day. before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowk~dsmenu, personally appeared
Alexander W. Hammond
to me known to be the person described in and who executed the toregoin~ instrument and Who acknowkd~ed
before me that he executed the same.
WITNESS my hand and official seal in the County and Statc last aforesaid this 30th day of t
November A. D. 19 ~9,
~
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P
~ _ LEA A~ c ~:~`0 OTARY C
~ ~ ! ~ = acr..~4 MY COMMISSION EXPIRES:
RECO ~tAt1? hAIIC SIArE Oi t~,OtIM fy t~
f Mt COw?NUSStc~ r~fI11lS till • N IN=
• . ' ' • - Doc 3 3 3o PM '1~ l~ ffi. t~~ .
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This Iiwrununt pn?pa,rd by: Betty J . Ba 1 dwi n
ndd,~ CHELSEA TITLE 1~ GUARANTY COMPANY ~~~K~ p~~~Z~ I
201 S. 2nd St., Ft. Pierce, Fl 33450 -