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and shall perform, comply with and abide 6y each and every fits agreements, stipulations, conditions and
covenants thereof, and of this mortgage. then this mortgage and the estate Newby created, shall cease, de-
irrtttine and bs null and twirl.
the mortgagor hen+by further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note acid this moHgage, or either; to pay al! and
singular the taxes. assessments. levies, liabilities, obligations, and encurrtbtnrtc» of every nature on said pro- -
party; to perntif, commit or suffer no waste. impairment or deterioration of sdd land or the tmprowments
thereon at any time; to beep the buildings now or hereafter on acid land fully insured in a stun of not !e»
than
to a company or rnmpantes acceptable to the mortgagee, the policy or policies to be held 6y, and payab4
to, said mortgagee. and in the event any sum of money become, payable by vtrttte of such truurar?ce .the
mortgagee shall have the right to receive and apply the same to.ihe indebtedness htawby secured. accounting
to the mortgagor (or any attrplus; to pay all coats, charges, and expenses. including lawyer i fee, and tttb
searches, reasonably tncttrred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agreements, stipuiations, conditions and rnvenants of said nose and this mortgage,
or either; to perform, rnmply with and abide by each and every the agreesments. stipitlntion:, conditions and
covenants set forth in said note and this mortgage or either. /n the event the mortgagor jails to pay when
due any tax. assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either. the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such. payments shall bear interest from date thereof at the highest law-
f ul rate then allowed by the laws of the State o/ Florida.
~l any sum of money herrin re/ernd fo 6e not promptly paid within ~.5 days next of
tar
the same becomes due, or i/ each and every the agreements, stipulations. conditions and rnuenants of said
note and this mortgage, or either, are not fully performed, rnmplied with.~and abided 6y, -then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thetron, shall forthwith or
thereafter, at the option of the mortgagee. become and be due and payable, anything in said mote or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
. provided shall not cortstitttte a waiver of any rights or options under said note or this mortgage accrued or
lhereajter accruing. -
~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed and -del' ~ered in the presence oj: - -
actor -J. dePaula Arias
_
-
Morelia S, de Paula Arias
j
-
STATE OF FLnRiDA,
cnu~'rY nF St . Lucie
I HEREBY CERTIFY that on this day, lxiorc_ me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take ackrwwledgmenu, personally appeared
- Hector J. de Paula Arias and Morelia S. de Paula Arias, his wife
to me known to be the person8 described in and who executed the foregoing instrument and they acknowledged
before me that -they executed the same.
WIT\ESS my hand and official seal in the County and Stair last aforesaid this 28th ,:;:,;;t~ day of
c'@bZ933rY A. D. 1480 _ ~ .t., r `
NpTARY PUBLIC, STAITE OF FLQRIDA AT LARGE J 7 ~ ,ti- _
MY COMtAISS10N.P~PIRES h'OV. 16, 1980 - --•-.......---•----•.=-..__..:.:....y~~ _...~c2~ L}
BONDED BY AMERICAN FIRE 11 CASUALTY CGMPANY l1C =
State o Florida at~~9~'r ~
I 190 EE6 29 - A!R ~ 25
FIL,EO kN~f AECO~i1
ST.LUCti's OUN Y.FLA.
aoc~a i'o1~Rns -
CLERK CIRC°.Hi COURT -
17iif Iuslnmi~~N prtpmrd hy: Verrion C. Rhine smith
~~,~,~n-~ 1108 Alameda Ave . 8001( PAGE
Fort Pierce,-Florida 33450