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and shall perform, comply u+ifh and abide by each and et+ery the agreements, stipulations, conditions and
cavenants thereof, n?td of this mort~ape, then Jhi: mortgage and the estnte hereby created, shall cease. de-
termine and be null and t•aid.
~nd the mortgagor Itere6y further covertnnts and agrees 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 pay all and
singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: fo .permit. rnmmit or stiffer no waste, impairment or deterioration of said land or the improvements
IhP?!N`rt of arty limp; to ItPep the buildings now or hereafter on said land fully insured in a sum of not leas
than •-~•-~----_-__~ull insurable value•-------------------------------
in n contpa?ty or c-ompa?ties acceptable to the mortgagee, the policy or poltries to be held by, and payable
to, said mortgagee, and in the event any sum of money bernmea payable by virtue of such instu~u?rtce the
mortgagee shop have the right to receive and apply the same fo the indebtedness hereby sectued, accounting
to the mortgagor for any st?rpltts: to pay all costs, charges, and expenses, including lawyers fees and tine
searches, reasonably incurred or paid by the mortgagee because of the faihue of the mortgagor to promptly
and fully comply u+ith the agreements, stipulations, conditions and rnvenants of said nose and this mortgage,
or eillter: to perform, comply with and abide by each and every the agreements, stipulations, conditions and
Col+PJta?tts set forth in said note and this mortgage or either. In the event the mortgagor jails io pay when
due any lax, assessment, insurance premium or other sum of money payable by virtue o/ said note and this
mortgage, or•either, the mortgagee may pay the same, without waiving or of/ecting the option to foreclose
or any other right herPt?nder, and alI such payments shall bear interest from date thereof at the highest law-
f ul rate `then allowed by the tau+s o/ the State of Florida.
~l env sum of mortPy hPrei.t re/erred to be not promptly paid wifltint2lree (3) days next after
li thr some lire-o:::rs dt:r, er ij eiirh nnrl Pr+Prp the agreements, stipulations. conditions and covenants of said ~ J
note and this mortgage, or Pifher, are not fully per/ormed, complied with and abided by, then the entire
i sum mentioned in said Hole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
JI tltereaJter, at ibP option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notu+tfhstanding. I'ailttrP by the mortgagee fo exercise any of the rights or options herein
provided shall ?tot consfifette a u+airer of arty rights or options under said note or this mortgage ncerued or
thereafter accruing.
~n ~itneSS ~hel't~f, flip said mortgagor has hereunto signed and Sealed these presents fhP
day and year first above a+ritten.
Signed, sealed and delivered in IhP prnsencP of
RUSSELL K. BURD, II
~z~%~ -
NANCY S~ BURD
STATE OF FLORIDA,
COC\TY OF ST. LUCIE.
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the Gounty aforesaid to take acknowledgments, personally appeared
RUSSELL K. BURD, II, and NANCY S. BURR, his wife,
to me known to lx the persons described in and who executed the foregoing instrument and t~7 acknowledged
I+eiore me that they executed the same.
«'I'1-\ESS my hand and official seal in the County and State last a(oresa%d this ~ ~ dap of
January, A. D. 19 80.
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i9E0 ,1'rtit~ i 0 F~+ ~ 04 Public~~~tate of Florida at Large.
My aocml,LS io e~ires
FILEO tNC i•~Gt?ttill U i:u;ary puwrt, $;ate cf F~c:i,:a s! la-gg
SLLUCIcCCUNiY.fla. ~!y Ccrarrs~.t::n :xI'~res :ept- I., t=:;2
ROGER PC17RA5 R,.u.o er ~ ,-:,y
CLEFK CIRCUIT CCU:;'p , .
J
-`~C4 ~i to-'~~ - `
GERALD S . JAMES , Es ~Z1
1%is hwniuu-m prrpnrtrJ hy: 4 • .r, .
POST OFFICE DRAWER 3351
it%/r?.'s
~1 FORT PIERCE, FL 33450 ~
(305) 461-2500 Pdl~~