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and shall per/orm, comply with and abide by each- arld et+er~.ithe agreements, sftpulafiotis, conditions and
covenants thereof, avid of this mortgage, then phis mortgage 'dnd the eatafe hereby created, shall cease, de-
termine and be null and void.
the mortgagor hen+by further covenants and agrees fo pay promptly when due the principal and
interest and other sums of money provided for in said note and thin mortgage, or either; fo pay all and
singular the faxes, assessments, levies, liabilities. obligations, and encumbr+nnces of every nature on said pro-
perty: fo permit, commit or suffer no waste, impairment or detertorafton of said land or the lmprovemenfs
Iherncn at arty limp; to beep the buildings now or herrajfer on said land fully insured in a sum of not less
than highest insurable value----------------------------------------
to a rnmpany or companies acceptable to the mortgagee, the policy or policies fo be held 6y, and payable
to, said mortgagee, and in the even! any sum of money becomes payable 6y -virtue of such tnstrrance the
mortgagee shall have the righ! to receive and apply the same to the indebtedness hereby secured, nceounting
to the mortgagor for any surplus: to pay oll costs, charges, and expenses. including lawyer's fees and tide
searches, reasonably incurred or paid 6y the mortgagee because of the failure oj. the mortgagor fo promptly
and fully comply u+ith the agreements, stipulations, rnnditions and covenants of snid note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
cot+encruls set forth in said note and this mortgage or either. {n the event the mortgagor jails fo pay when
due arty tar, assessment, insurance premium or other sum of money payable 6y virtue of snid Hole and this
mortgage. or either, the mortgagee may pny 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-
/ul role then allow+erl by the lou?s of the State of Florida.
~l nny sum of mwtey herein referred to be not promptly paid within ~~y ~30)days next offer
the same becomes due, or ij each and Pl+ery the ayreemenfS, stipulations. conditions and covenants of said
Hole and this mortgage, or either, are not fully performed, 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
fhereajler, at the option of the mortgagee, become and be due and payable, anything in snid note or herein
fo the contrary nofu+ilhslartding. /'allure by the mortgagee fo exercise any of the rights or options herein
pmridr+d shall not constitute a u+air+er n{ nny rights or options under said note or this mortgage accrued or
Iherna~ler accruing.
~n ~ditneSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year /irsl above a+riflen.
Signed, sealed and delirernd in the presence oj:
• ~ JO LINV L ~p
-
i SANDRA P. LINVIL
t
i STATE OF FLORIDA,
l I ccn~~TV uF ST. LUCIE
I HEREBY CERTIFY that on this day. before me, an
oiiirer du:.- authorized in the Stair aforesaid and in the County aforesaid to take acktrowledgments, personally appeared
F
JOHN LINVILEE and SANDRA P. LINVILLE, his wife,
to mr known to Fx• the person S described in and who executed the foregoing instrument and they acknowkd~ed
Ixforr me that they executed the same. ...1. -
~~'l7 HESS my hand and oiticial seal in the County and State last aforesaid this ~ dax of
-nr•---~•r~--.. . ' • . .
~ December A. D. 19 79. e+' _ r-
- NOTAR - ~ i~ ~
5 .L~~S1- . ALA. Y PUBY,.YC, Styatet~iAf`~-~'~gr~~ia
t ~ Clfk= - at Large . : '•.:1 O t ~ ~ ' ~1:
afro: - . - - : ~ -''7~`~ My Commission E~~.}~s ~
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3 DEC ~ 7 3 52 P~ / 9 • a
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