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and shall perform, comply with and abide by each and every eke agrwmenb, attpulolions, condttiorls and
taov.nvnts tk:r+eoj, .red o1 this rrwrtgage, then this mortgage and the estate hereby crsrtted, sketU'caast, de-
• termine and bi null and void
the rmortgopor herby further covenants and agrwa to pay promptly when dw the principal and
interese and other awns of money provided for !n said note and this mortgage. or eithe?; to pay sU and
singular the taxes. assessmenb, levies. ltabtlilies, obligations. and encumbrances of ~uwy nature on raid pro-
perty: to permit. colttlnit or suffer no waste. impairment or deterioration of said land or the trmprowmenb
thereon at any elm.: to ltep the 6utidlnps now or hereajt.r on said land fully insured in a swn of not las
char highest infiurable value. -
in scompany or companies acceptable to she mortgagee. the policy or policies to 6e held by, and payabb
to, said mortgagee. and to the event any sum o/ money becomes payable 6y virlw of such insuronn eke
mortgagee shall haw the right to receive and apply the same to the indebtedness kreby second, accounting
to the mortgagor for any surplus: to pay al[ cosh, charges. and expenses, tndudtng latvyer i fees and title
searches, reasonably incurred or paid by the mortgagee. becauss of the jailor of she mortgagor to promptly
and jolly comply with the agrsaments, stipulations, conditions and cownanb of said note and this mortgage,
or either; to perform, comply with and abide 6y ench and every the agreement:, stipulattoru, conditions and
covenants sit forth in said note and this mortgage or either. In the event the mortgagor /a!L to pay when
due any tax. assessment, insurance prerr<ium or other sum of money payable 6y virlus of said note and ehl:
_ mortgage. or either. the mortgagee may pay the same, without waiving or ajjsNtng the option to foreclose
or any other right hereunder, and all such payments :hall bear interest from date thereof at the highest law-
jul Hate then allowed by eke laws of the State of Florida.
any sum of money herein referred to 6e not promptly paid within fifteen days next a/ter
the same becomes due. or tj each and every the agreements. stipulations, conditions and covenants of sold
note and this mortgage. or either. are not fully pert
otmed, complied with and abided by, then the entire
sum mentioned in said -note. and this moNgage, or the entire- balance unpaid thereon, shall forthsgtth or
tltereajter. at the option of she- mortgagee. become and be due and payabb, anything in said note o: herein
. to the contrary notwithstanding. Failure by the mortgagee to exercise any of the .fights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrusal or
thereafter accruing.
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f ~n ~!il~1 the mort a or has caused these enb to
RATE 9 9 Pres
s~ - AL) be executed i?t fib name. and its corporate seal to be hereunto affixed, by its
,t , proper of
jivers thereuneo duly auehorized. the day and year tint above wrieten.
• -
$eeeetarr
Signed, seajed and/Jdeli~vered in the presence of
• Sa_ _
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f
~ Florida
St. Lucie
1 HER®Y CERTIFY I/~o! on this dor. 6eJo.~r mr. on o/It«r ddb outMrised in tl~s Sro1~ and Coawt~ oJa+raod to ta4 acLwdoJe-
m'M'' osefOnOUr °PPtO"d Richard M• MCAr~hur
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p urell bauo. to .we fo ire the Pniidrnt artt~-~~~~••~~~~~~~~~~~~~~71~AF~tlltf of t6a oarpadian newtd a
~ w.o.teaear In the /orreoiey tnwu+went. and flat 11~ep seoeroli~ ocbwwledped execuwy Jae gown. to tiia peesenar o/ tivo wbacdiitue ~awwrs,
/erel~ and oalunlorilr unde? authoeitr ddr nested in thew. br ,aid corpseotion .red that tM seal oi/t,nd Iheneb is the few capo?ole seal o/
sold corpoeaeian- -
Wil'NES$ ewr hand aed aJficisl .wt to Iles Coeentr oed state lost a/aesoid t/.i. I ~r ~ February
w. v. I9 8 0 . 4~6~
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iaz'; j~~~~. "''~.~a~ -1980 EE3 20 PAS 2~ 23 -
<<s NOT UBLIC
O ~ s-~ J i I• •
u+ FILER I?hC 6ECUNL~FD
~ • SLt.UC1E CUUtiTY.FIA.
A ?~"1e=- ROGER POtTRAS NOIaT`~ p~~~;~:; rt da at ta!gd
`T,'~-;~`V ~ q.ERK CIRCUIT G~~ My Comm~siva G~pices Npr. t0. 1881
r~~ : vpQ.~,~. (tEC;ltC VEPt6tr^-- 9
. ell, t t~s iuuurd p~rparrd by: BOOK ~~5 PAGE
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