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and shall perjorm, comply with and abide'by each and every the agreements, stipulation's, eondttto?v and
covenants Ihereaj, and of this morfgape, then lhi: mortgage and the estate hero6y created, shall cease, de-
termine]~a,~nd~ 6e null and void.
the mortgagor hen~by further couenants and agrees to pay promptly when dw Ihs principal and
interest and other sums of money provided jor in said Hole and this mortgage, or either; fo pay all and
singular the faxes, assessments, leutes, liabtlifies, obligations, and encum6ronces of euery nature on said pro-
perty: fo permit. commit or suf
jer no waste, impairment or deterioration of said land or the improuementa
Iherecn at any limp; to IrPep the buildings now or hereafter on said land fully insured in n sum of no! lets
than Nf A
in a company or companies acceptable to the mortgagee, the policy or policies fo 6e held 6y, and pnyabb
to, said mortgagee, and in the event any sum of money. becomea payable 6y 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 jor ony stuplrrt; to pay'all rnsts, charger, and expenses. including lawyer's feet and tilt
searches. reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and rnvenants of said note and this mortgage.
or either: to perjorm, comply with and abide by each and euery the agreements, ttipulntions, eondifiona 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 vtrttse of said note and this
mo?igage, or either, the mortgagee may pay the same, without wntuing or affecting the option to foreclose
or any other right hereunder, and alI such payments shall bear interest from date thereof at the highest law-
ful rate then allowed by the laws of the State of Florida.
any sum of money herein .referred to 6e not promptly paid within 30 days next of
te?
the same becomes due, or i/ each and every the agreements, stipulations, conditions and rnvenantt of said
note ,and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in_snid note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options hereto
provided shall not constitrrfP a waiver of any rights or options under said note or this mortgage accrued or
thereafle~ accruing.
~n witness ~heCeof, the said mortgagor has hereunto signed and sealed these pretentr the
day and year~firsf atone tvrilfen.
Signed, sealed and delivered in the presence of
- ~ - ------------------------1-.---...----------..---.---..--..--- Q~
wftness
i
I ~ ~
i
~ STATE OF FLORIDA, ~
COI'\T1' OF ~
I HEREBY CERTIFY that on this day, before me, as
officer duly authorized in the State aforesaid and in the County aforesaid to take actnowkdgments, personally appeared
~ LEONARD R. LEES
to me known to he the prrson described in and who executed the toreQOinq instrument and ~e acknowledged
hetore me that be executed the same.
H'17:\ESS my hand and otiicial seal in the County and Starr last aforesaid this ~Q~ day of
November A. D. 19 79. t
~ `4 f
. ..G..f~- - - -
~ :='-a
1980 JAI -3 P!1 2~ MY COA4iISSION ERPIRES - . : z~ _
~~a0 t~.
FILED ~tt0 FECORD: V > -'~t. ~ '
ST.LUCIE COUN~jY.FIA. terry Public, Stste of F ~ ~ ~
ROGER POIiiRAS
~ CLERK CIRCUIT CO i Mr Comrnisss~r? Expires Fib4~~~,~~~ , `.1 ;
RECORD VER~t'1E0
4'71434 ~
l Tliu hWnintEn~ prrpnmf hy:
A~lJiru BG01( PACE