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and shall perform, comply with and abide 6t' each atteN et%ery the =agreements, attpulalioni, conditions and
covenants thereof, and of this mortgage, then shit mortgage and the estate hereby created, shall cease, de-
termine and Ix~ null and trofd.
~d the mortgagor heru6y ftufher covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in aaid note and this mortgage, or either; to pay all and
afngular the taxes, assessments, IPVIps, liabilities, obligations, and encumbrances of every nature on aaid pro- '
party: fo permit. commit or suffer no waste, impairment or deterioration of said land or the improvements
Iher+ecrt of arty time: to ~PPp IItP buildings now or hereof ter on said land fully insured in a sum of not lest '
than full insurable value
in a company or companies accepfa6le to the mortgagee, the policy or policies fo be held 6t', and payable
to, said mortgagee, and in the eUPllf any sum of money 6eeomes payable 6t' virtue of suck insurance the
mortgagee shall have the right to reCeiUe and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: fo pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6t' the mortgagee because of the failure of the mortgagor to promptly
and fully comply urifh the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply with and abide 6t' each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. /n the event the mortgagor fails fo pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this '
mortgage, or either, the mortgagee may pay the same, without waiving or of
fecting the option to /orecloae
or any other rfyht hereunder, and all such payments shall bear interest /ram date thereof at the highest Iaw-
ful rate then allOluecl by tllP laws of the State o/ Florida.
arty sum of money herein referred to be not promptly paid within thirty days next after
the same becomes due, or i) each and eDPry I{tP agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6t', then the entire
sum mentioned in said note, sect this mortgage, or the entire balance unpaid !hereon, shall forthwith or
thereafter, of fhc option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary nofwifhsfanding. Failure by the mortgagee fo exercise any of the rights or options herein
provided shall not rnnsfifrrte a u+a/leer of any rights or options under said note or this mortgage accrued or
thereat ter accruing.
~n ~itneSS ~~[ae0`s ilia said mortgagor Itas hereunto signed and sealed these presents the
day and year first shove ,ariftPn.
ST. LU GROVES, a
Signed. sealed and delivered in the presence AJ: Flori general pa tnership
G orge Noga, a Gener 1 Partner®
STATE OF FLORIDA, )
I i t
COUNTY OF ORANGE ~ j
f I IiEREBY CERTIFY that on this -day, before me, an i
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
j
GEORGE NOGA, a General Partner of ST. LUCIE GROVES, a Florida
general partnership
to me known to Ix• the person deurilxd in and -who executed the foregoing instrument and he acknowledged l
before me that he executed the same.
E \x'1'1 NESS my hand and official seal in the (:ounty and State last aforesaid this p~ 7'~- day of i
F December q. D lg 79.
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tart' Pub c, State Florida
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CLERK CIRCUIT 0011 t
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