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and shall perform, comply wifh and abide 6y each and every fhe agreements, stipulations, rnndttions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby crented, shall cease, de-
termine and 6e WWII and void.
Ii<~ fhe mortgagor hereby' further covenants and agrees to pay promptly when due fhe principal and
interest and other sums of money provided jor in said note and this mortgage, or either. fo pay aII and
singular fhe taties, assessme?tts, levies, liabilities, obligations, and encumbrances of every nature on sold pro-
perty: to permit, commit or strjfer no waste, impairment or deterioration of said land or the improvements
therer?t of any time: fo beep fhe buildings Hour or hereafter on said land fully instaed in a sum of not less
fhe::. highest insurable value.
in a company or companies acceptable fo fhe mortgagee, fhe policy or policies fo be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have fhe right to receive and apply the same to the indebtedness hereby secured, accounting
to fhe mortgagor jor any staples: fo pay all costs, charges, and expenses, including lawyer's /ees and ftlls
searches, reasonably incurred or paid by the mortgagee because of fhe failure of fhe mortgagor fo promptly
and jolly comply urith fhe agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: fo perform, comply u+it/t and abide by each and every the agreements, stipulations, conditions and
cot+ena?t1s set forth in said note and this mortgage or either. /n the event the mortgagor jails to-pay when
due any fax, assessment, insurance premium or other sum o/ money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, ruifhouf waiving or of
jecfing fhe option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Iaw-
juI rate. then allowed by the lours of the State of Florida.
any sum of money herein referred to be not promptly paid within thirty days next after
fhe same became: due, or iJ each and every fhe agreements, stipulations, conditions and covenants of said
note artd this mortgage, or either, are not fully performed, complied wifh and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to fhe contrary notu+rthstandinq. Failure 6y fhe 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 o?
fhereafler accruing.
~n witness whereof, the said mortgagor has hereunto signed and sealed these presents fhe
day and year first above a+ritten.
-
Si t d, sealed and delivere n fhe presence of : .
Eli abeth Su n McKee
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l STATE OF FLORIDA,
C.OI'\7~Y OF St. Lucie
1 HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
KENNETH E. McREE and ELIZABETH SUSAN McKEE, his wife
f
~ to me known to Ix• the pr•rsong desrrilxd in and who executed the iore¢oin¢ instrument and WtlO acknowledged
Ireforr• me that they executed the same.
- ~~"17 HESS my hand and uiiicial seal in the County and State last aforesaid this ~ S day of E
C11~.pv'1.~1~, A. D. 19 ~ ~ `
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l I Notary Public
1980 JAN 16 P'r ~ 29
f tIEQ AND F_CUkJt 0
ST.LtiCIE COU:IIY.FLA. •
ROGER POITRAS
1 CLERK CIRCUIT COt;RT
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