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and shall perform, comply with and dbide by each arid' every the agreements, stipulation's. conditions and
rnvenants thereof, and o/ this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and bs null and twirl.
the mortgagee- hereby /tether f:ovunnnfs and agrees !o 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 faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on raid pro-
perty: to permit, commit or suffer no waste, impairment or deteriorofion of said land or the Improvements
lherecn at arty time: to beep the buildings now or hereafter on said bad fully insured to a sum of not leis
than ~llll ii181~~~ V81L1L
in a company or compantes acceptable to the mortgagee, the policy or policies to be held by, and payable'
fo, said mortgagee, and in the event any stun of money becomes payable by virttre of such insurance the
mortgagee shall have the righ! to receive and apply the same to the indebtedness hereby :scored, accounting
to the mortgagor for any surplus: to pay all costs, cha?ges, and expenses, Including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agreements, sfipulnftons, conditions and covenants of said note and this mortgage,
or either: to perform, comply with and abide by each and every the agreements, atipulafions, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waging or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from dote thereof at the highest law-
f ul rote `then allowed by the laws of the State of Florida.
~L any sum of money herein referred fo be not promptly paid within ~1'~}?(~) days next after
fhp same becomes due, or if each and every the agreements, stipulations, rnnditions and covenants of said
nota and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon, :hall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exe?ctse any of the rights or options herein
prodded shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
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n ~ul~ ~h~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above tvritfen. - -
Signed, sealed and delivered in the presence of
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STATE OF FLORIDA.
COUNTY OF ST. Li~IE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
DONAID G. HII~IE and LL'`IDA HIl~LE, hi.s wide
to me known to be the person $ described in and who executed the foregoing instrument and they ackrwwkdged
~ before me that t~'y executed the same.
t N'I7NESS my hand and official seal in the County and Staie last aforesaid this loth - day of
January, A. D. 1980.
,
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My comldssiori Expires : Notary ' c ~
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Ib~ SLLUCIE CfiUNTY.FIA- - 1.. Ss
1• ROGER POITRAS
- CLERK CtRCt11T CCUi,T - ,
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Tbu I?ulrrn»~n~ prcpufrd by: RAC HII~ttE
AdA>ru 605 Sandia Avenue BC
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Port St. I~lcie, Florida 33452 NGtJ ~~~~jj7