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and :hail perform, comply with and abide by each and every the agreements, ttipulatio?is, conditioru and
covenants thprpof, artd of this mortgage, then this mortgage and the estate hereby treated, :ball cease, de-
termine and be null a??d troid.
~fi1i the mor/gag~r hpn•by further covenants and agrees to pay promptly when due the principal and
tnterpst and other sums of money provided for !n said note and flits mortgage, or either; fo pay all and
singular the tarps, assessments, levies, linbilities, obligations, and encumbrances of every nattsre on said pro-
perty: fo permit. commit or suf
fpr no waste, impairment or deterioration of said land or !!te improvements
therec?t at arty limp; to Itppp Ilte bt?ildi?tgs Hour or hereafter o?t said land ft?Ily instued in a sum of not Less
fltaR -----------rtl4.~ IIISURABL,E YAI,(>E ------------w-w,.w-.,-----------w------w------
in acompany or companies acceptable fo Ihp mortgagee, ~thp policy or policies fo be held by, and payable
to, said mortgagee, a?td in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for arty sttrpltts: fo pay all costs, chnrges, and expenses, including lawyers Peps and title
searches. reasonably irtcttrred or paid by the mortgagee because of the faflurp of the mortgagor to promptly
and folly comply with the agrepme??Is, stipulations, conditions and covenonts of said note and Ihis mortgage,
or either; to perform, comply urith and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money pnynble by virtue of said note and this
mortgage, or pitlter, the mortgagee may pay the same, without wniving or of
fecfing the option to foreclose
or any other right hprptt?tder, and all such payments shall bear intFrest from date thereof at the highest law-
ful rule then allottretl by the laws of the State of Florida.
arty sum of mor?py herein referred to be not promptly paid within ~ days next after
• the same becomes dt?e, or if each and eupry the agreements, stipulations, rnnditions and covenants of said
note and this mortgage, 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 balance unpaid thereon, shall forthwith or
thereafter, at the optio?t of the mortgagee, become and by due and payable, anything in said no[e or herein
to the contrary notu•ithsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not cortsfittrte a uraivpr of arty rights or options under said note or this mortgage accrued or
thereafter artnting.
i
n ~ttneSS thereof, fl,p said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
$ignpd. seaftd m?d rlplivpre in 1I,p presenrp of.
.
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STATE OF FLORID:,
COti\TY OF ST. LUCIE
4
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the Statr aforesaid and in the Count? aforesaid to takr acknowledgments, personally appeared
f ~lRLTkR A. OEG~ABT and NATIiALI~ F. DEGRAFT', hi: wife
to me known to !re the personfi dexribed in and who executed the fore¢oing instrument and t~~y acknowledged
before me that th~cxccuted the same-
1~"I7:\ESS my hand and official seal in the (:ounty and State last aforesaid this ~ r11E~ day of
Novefaber n. 19 74 -
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