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and shall perform. comply with and abi~le.Ipe: p~~ every the agrwrrtenb, atipulntbns. eonditbns and
cotenants the?eof, and of this mo?fgapert then tRi~two?~gage and file estate hensby croated, altaU cease. de-
termine and bs null and void.
n11Y the mortgagor Newby ftufher covenants and agrees to pay promptly when dw the prfnNpnl and
fnlerest and other sums of money provided for to sold note rend this mortgage, or either; fo pay al! and
singular the taxes. asses:meats, levies. liabilities, obligations, and encumbrances of every nnttue on avid pro-
ptrfy; fo permit, commit or suffer no waste. impairment or deterioration of Bald land or the intprovemenfs
fherecn at any time; to peep tits buildings now or hereafter on said land fully truured to a sum o/ not less
than highest insurable value.
to a company or companies acceptable to the mortgages, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in fits event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive rend apply the same to the indebtedness hereby secured, aeeotsntinp
fo the mortgagor for any stupltu; to poy all costs. charges, and expenses, including lawyers fees and title
seaechls, reasonably Incurred or paid 6y the mortgagee because o/ the fniltue of the mortgagor to promptly
and fully comply with the agreements, stipulations, rnnditioru and covenants of said note and this mortgage.
or either: to perform, comply with and abide 6y each rend every the agreentenb, alipulattons. eortdIttons and
covenants set forth in said note and thL mortgage or either. In the event the mortgagor /nib to pay when
due any tax, assessment, insurance premium or other stun of money payable by virtue of said note and tha
mortgage. or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
a any other right hereunder, and a!I such paymenb shall bear interest /rom date thereof at the highsit law-
f ul rate then allowed by the laws of the State of Florida.
any sum of money herein referred to be not promptly paid within Fifteen dn~n next of
ter
the snore becomes due, or if each and every the agreements. stipulations, conditions and rnvenants of said
note and this mortgage, or either, are not fully perfonrted, complied with rend abided by, that the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, ahnU forthwith or
thereafter, at the. option of the mortgagee. become and 6e due and payable, anything in said nOti or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
Il tttttSS 1~[~ r the said mortgagor has hereunto signed rend sealed these presents the
day and year first above u?ritfen.
Signed, led and delivered in the presence oj: -
L.S.
Wit ss ~ ~ ~ art es J chwab
L.S.
Witnes
L.S.
i
~ L.S.
O
STATE OF FLORIDA,
COUNTY OF St. Lucie
I HEREBY CERTIFY that oa this day, before me, as
officer duly authorized in the State aforesaid and in the County aforeuid to take acknowledgments, personally appeared
Charles J. Schwab
to me known to be the person described in and who executed the toregoinR instrument and Who acknowkdgtd
belorc me that he executed the same.
WITNESS my hand and official seal in the County and Sute last aforesaid thu 30th day of
November A. D. 199.
t
i~.f.uc~~ vt.l?. NOTARY- IC
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RECOp~ ri MY COMMISSION EXPIRES:~I~'
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Thic Irutrumcnl prrpaad by: Betty J . Baldwin NEE
Addrru CHELSEA TITLE & GUARANTY COMPANY 3~ ~ ~
201 S. 2nd St., Ft. Pierce, F1 33450