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and shall perform, rnmply with and abide by each and every the agreements, stipulations, conditions and
revenants thereof, and of this mortgage, then this mortgage and .thP estate hereby created, shall cease, de- ;
(ermine and be null and twirl.
!hp mortgagor hert?by jtufher covenants and agrees to pay promptly when due the principal and
i?tferesl and other sums of money provided for in said note and this mortgage, or either: to pay all and
singular the taxes. assessments, levies, liabilities, obligations. and encumbr+a?tces of every nature on said pro- I
perly; to permit, commit or suffer no waste, impai?ment or deterioration of said land or the improvements i
thprecn at a?ty lime; to lrpep fhp buildings now or hereafter on said land fully insured in a sum of not less
than FULL INSURABLE VALUE
in a company or companies acceptable to the mortgagee, the 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 the right !o receive and apply the same to the indebfednesa hereby secured, accounting
to the mortgagor for any st+rpltu; to pay all costs, charges, and expenses, 'including lawyer's fees and title
searches. reasonably incurred or paid 6y the mortgagee because of the jailtue of the mortgagor to promptly
and fully comply with the agreeme?tls, stipulations, conditions and covenants of said note and this mortgage,
br either; to perform, comply with and abide 6y each and euery the agreements, stipulations, 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, assessme»t, insurance premium or other sum of money payable 6y virtue of said note and this ,
mortgage, or either, the mortgagee may pay the snore, without waiving or affecting the option to foreclose
or any other right hernunder, and alI such payments shall bear interest from date thenwf nt the highest law-
(ul rate then allowed by fhp lotus of the State of Florida.
~l any sum of money hereirt referred to 6e not promptly paid within thirty days next after
the same becomes due, or ij each and euery the agreements, stipulations, conditions and covenants of snid ~
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance t?npafd thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the conlrory notwithstanding. /=ailurp by the mortgagee to exercise any of the rights or options herein
provided sha~~
not consfilttfp a waiver of any rights or options under said note or this mortgage accTUed or 'j
thereafter accruing. t
~n ~I~~SS ~h~~f, the said mortgagor has hereunto signed and sealed these presents the !
day and year first above u~rftfen. -
Signed, sled and delinp d i e presence of
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----------------------.-'FANI--------------- ,
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STATE OF FLORIDA,
~ COUNTY OF ST. LUCIE , I 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
ALBERT W. FANIEL
to me known to be the person deuribed in and who executed the foregoing instrument and he acknowledged t
before me that he executed the same.
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N I7'NESS my hand and official seal in the County and State last aforesaid this 22nd day of
February A. D. 19 80. -
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--Notar----Pu- is €
Stat of Florid atlarge ; ~ -
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191 ~E~ 25 1.:. ~ . - •:r
Lam',"{•:~~-
?:~~~aL~:vc;-:..:~: My Commission Expil~Qs; 4:
- Si.LUCiE' CC;;YTY.iIJ~.
$DGER P+~tTRAS utpTARY PUIIt C STAn': CX iICNtIpR;~lti 1J1~! ! Q ~ : ~ I
tl.ERi(CIr~Ct11i Ct'J MY CCaMlMISSICef EX?IRES ~
R'CCC9 Y~ F1'Srr. ~ _L~_ - (!OP>Of0 fNfil! GNdERAI INS {~IIrp1~~.•.
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Thu I,wru„rcni prrpn,rd by: George L . W i 11 i dims , I I I
P . 0. Box 1418 BO M~~ ~dGE
Adrlnu 301 South Sixth Street
Fort Pierce, Florida 33450