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and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants thereof, and of this morfgape, then this mortgage and the estate heroby created, shall cease, de-
fermine and 6e null and void.
~n~ the mortgagor ?re?eby f urfhPr covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular 1hP faxes, assessments, levies, liabilities. obligations, and encumbrances of every nature on said pro-
perty: fo permit, commit or strf
f
er no uraste, impairment or detertorolion o/ said land or the improvements
thPrecn at Qrly tlmP: f0 ~PPp iris buildings now or hereof ter on said land /ully instued to a slim of not less 1
than its full insurable value
in a company or companies acceptable fo the mortgagee, the policy or policies to 6e held 6y, and payable
to, said marlgageP, and in the Pt~enf any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting ~
io the mortgagor jot any surplus: io pay all rosfs, charges, and expenses, including lawyer's fees and title '
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searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully rnmply u?ith the agreements, stipulations, conditions and covenants of said note and this mortgage, i
or etflter: to perform, comply with and abide 6y each and every the agreements, stipulations, eondittons and
covenants set forth in said note and this mortgage or either. ?n the event the mortgagor fails to pay when
due any tax, assessment, i?tstrrnnce premium or other sum of money payable 6y virtue of said note and this
mortgape,'or either, the mortrtagPP may pay the same, without waiving or affecting the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate `then allawc~l by the laws of the State of Florida.
~l any sum of money herein referred l0 6e•nof promptly paid within thirty daya next after
the same 6eromes dire, or ij sorb and every the agreements, stipulations: conditions and rnuennnts of said
note and this mortgage, or either, are not fully perjotmted, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
fo fhP contrary nolu~ilhslandirtg. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constihrte n u~airer of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itneSS ~heCeof, the said mortgagor has ?1PrP1111ta signed and sealed these presents the 3
z
day and year first aborP teriflen. ;
7
Si R sealed and delihered In f?le q
g prnsence of : t
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..._..1......-
_ BILLIE C. FORBE
A
MARCELLA M. FORBES
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STATE OF FLORIDA
f COL`~TY OF Sit. Lucie
I EIEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeued
BILLIE C. FORBES and MARCELLA M. FORBES, his Wife
to me known to hr the person d3scribed. in and who exrcuted the foregoing instrument and the~6cknowledged
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& txtore me that th@Yecuted the same-
N't'f'~ESS my hand and official seal in the County end Stat~• last aforesaid this 30th day of
Novanber A. D. 19 79
a ,
~ itLE~ 4N= ~ . ~ CQM~QSSION SIRES: 8/30/81
CLE ,~:•tiR
RECO~. .,.,r ~ "
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DOC ~ ~ ~ 51 ~ ti'
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et • d` ~ .
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1'Ins 1„~lrrii„f„~ prrpnrrrl hy: _
,,,~~~,?~~t ~ go~~ 321 ~~E x.304