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and shat! perjernt, canply with and nMde ~y'eat~ and every ehe agne+rtenta, stipublioni. e,•ondtttoni and
rnvsr~anls thereo;, and of this n;ortgaps, Ikea this mortgage -and the estate Itenfby cettt+d, shall cease, de-
termine and 6e nt+ll and twirl. -
ehe mortgagor hereby further covenants and agrees to prey promptly when dw the principal and
interrst -and other sums of money provided for to said note and thta mortgage. or either; to pay all sad
singular the taxes, assessments. levies, Itabilitles; obGgatlona, and snc:tmbrances of every nature on said pro-
perly; to pemtif, commit or suffer no waste. tmpolrment or delestw~attion of said land or the improvemsnb
therrcn at any time; to keep the buildings now or heeajt.r on said land fully insured in a. sum of not less
than highest ~ insurable vslue -
In a campanv or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgages. and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to. the indebtedness hereby second. accounting -
to the mortgagor_ for any surplus; to pay all costs, charges, and expenses, including lawyer i fees and title
searches, reasonably tree+vrrd or paid 6y the mortgages because of the jailuro of the mortgagor to promptly
and /ullr oompiy {+,i!h the agr+eemenfs, stipulations, conditions and covenants of said note and fiib mortgage.
or either: to perform, comply with and abide by each and every the agreements, st{pulatlons, conditions and
- covenants set j.+rth in said note and this mortgage or either In the event the mortgagor jails to pay when
due any tart, assessment, insurance premium or other sure o/ money payable 6y virtue of said note ar+d this
mortgage, or either. the mortgagee may pay the same. without waiving or ajjecting the option to jorecloee
or any other right herwunder, and all such payments shall bear Interest /rom data tharoj at the highest Inw-
juI rate then allowed by the Iowa of the State of Florida.
7l any s+:m of money herein rere?red to 6e not promptly paid within 30 -days -next after
the same becomes due, or tj each and every the egreements, stipulations, conditions and eovenanb of said
note and- this mortgage, or either, are not jolly performed, complied with and abided by, then t/+e entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter at the option-oj the rr+ortgagen, become and 6e dos and~payable, anything in said note or herein -
fo the contrary notwithstanding. Failure by the mortgages to exercise any of fhs rights or options herein
provided shall not constitute a uwiaer of any rights or options under said Hots ar this mortgage accrued or
ther+eajter accruing. - - -
~n ~tt~eSS- thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year firs! above u~rilten.
Sig sealed ~liverrd in the s ace oj: ~ - _
i .
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STATE OF- FLORIDA,
COL~TY nF St. Lucie
I HEREBY CERTIFY that on this day. before me, an
officer duly authorized in the. State aforesaid and 'in the Cw+nty aforesaid to take acknowledgments, personally appeared
ALBERT VANDERNEYDEN and LYNDA VANDE~iEYDEN; his wife,
t~ me known to b.- the persons described in and who executed the foregoing instrument and .they- acknowledged
before me that they executed the zame. -
WI1:\ESS my hand and official stal in the County and S:atr last aforesaid this day of
January A. D. i9 8fl• -
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