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and shell perform, rnmply with and abide 6y eac(r and every the ogreentenb. •tipulntioris, eondittoru and
eorenanta thereof, and of this morfgape, then this mortgage and the estate hereby created. shall cYwe. d~-
termine and 6e null and void.
the mortgagor Newby further covenants and ogees 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 prey ell and
singular the faxes, aasesamenta, leutes, linbtltttes, obligations, and encumbrances of every nature on said pro-
perty; to permit, rnmmlt or suf
jer no waste. Impairment or deterioration of said land or the improvements
thereon at any time; to deep the 6ulldings now or herenjfer on Bald lend fully irutu+ed in n sum of not lass
than i 1
to n company or companies acceptable to the mortgagee. the policy or policies to be held 6y, and payable
to, said mortgagee, and to the event any stsm~oj money 6eeomes payable 6y virtue bj each insurance the
mortgagee shall hate the right to ?ecetve and apply the same to the indebtedness hereby secured, recounting
to the mortgagor for any surplus: to pay nU costs, charges, and expenses. including lawyer i fee, and title
searches, reasonably tncurred or paid 6y the mortgagee 6ecawe of the failure of the mortgagor fo promptly
and fully comply wlfh the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: to perform, comply with and abide 6y each and every the agreemenb. 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 payable 6y virtue of said note and this
mortgage, or either. the mortgagee may pay the snore, without waiving or ajf
eding the option to f
orecbse
or any other right hereunder, and all such payments shell bear Interest from date thereof at the highest law-
f ul rate then allowed by the Laws of the State of Florldn.
~l any swn of money herein ref
erred to be not promptly paid within thirty days next after
the same becomes due, or if each and every the agreements, stipulations. conditions and eovenanb of said
note and this mortgage, or either, are not fully performed, compiled with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
fhereajter, at the option of the mortgagee, 6ernme and 6e due and payable, anything In said note or herein
fo 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
therea jfer acrnu`~ng. `
~n ~~uleSS ~he!'e~f, the said mortgagor has hereunto signed and sealed these presents the
day and year first above u~ritfen.
Signed, sealed and delivered in the presence of
J f ~ colt :ilia
STATE OF FLORIDA.
COUNTY OF S t. L u c i e
I HEREBY CERTIFY that oa this day. before me. as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments. personally appeared
JEFFREY SCOTT VILLA
to me known to be the person de:<ribed in and who executed the foregoing instrument and t.:. ~ acksawkdged
before me that It a executed the same. ^ ~-Q,~
N'Il'NE5S my hand and official seal in the County and State last aforesaid this O't ~ ' day of
~ Decetn~er A. D. 19 7°
NOTARY PL'BI.IC
}~I9 Cyr 31 ~ 5~
EILEe ~nl N: caK~~t 'g 3
FROG
RPOTRAS~ ~tY C0'.`i'iISSIOh EXPIRES: 31y
tx.EftK CIB.CUlT CGG s ~ ' .
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17iu hwrumcni prrparrd by: ~ ~
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