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and shalt perform, comply with and abide 6y each and et>ery the agreements, atipubfions, conditions and ;
covenants thereof, and of fibs mortgage, then Chia mortgage and the aatate hereby created, shall cease, de-
(ermine and be null and void.
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nl~ the mortgagor hereby further covenants and ogress to pay promptly when due the principal and ~
intarest and other sums o money provided jor in said note and this mort ~
j gage. or either: to pay alt and ,
atngular the taxes, assessments, levies, lfabiGties, obligations, and encumbrances of every nafur+s on said pro-
perty: to permit, commit or suffer no waste, impairment w deterioration of said land or the improvements
thereon at any time: to ?teep fire buildings now or hereafter on said land fully insured in a sum o/ not less
than its full insurable value
- in a company or eampanies acceptable to the mortgagee, the policy w policies to 6e held by, and payable [
to, said mortgagee, and in the event any stun o/ money becomes payable 6y virtue of such insurance the ~
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, neeotenting ~
to the mortgagor jor any surpltu; to pay all costa, charges, and expenses. including tawye's fees and tills
searches, reasonably incurred or paid 6y the mortgagee 6ecawe of the failure of the mortgagor to promptly
and fully comply with the ogr~mrnts, stiputntiorts. conditions and covenanb of said note and this mortgage,-
or either; to perform. comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and thts mortgage or either. In the event the mortgagor jat4 to pay when
due any tax, assessment, insurance premium or other stun of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay fire same, without waiving or affecting ties option to foreclose
or any outer right hereunder, and. all such payments shall bear interest from date thereof of the highest law-
jui rate `then allowed by the laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within ttll.rt17 (3Q) days nexi after
the same becomes due, or ij each and every the agreements, stipulations, eondittons and covenants of said
note and this mortgage, or either, are not jolly perjontted, complied wide and abided by, then the entire
sum mentioned in snid note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or 1
thereafter, at the option of ties mortgagee, bernme and 6e des and payable, anything in said note or herein
to lice contrary notwithstanding. Failtue by the mortgages 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 accneed or
fhereajter accruing.
~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents flee
day and year first above u•ritfen.
Signe sealed and a 'vere i t presence of
a,/~/a JAMES F. MAHI~R
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STATE OF FLORIDA.
COUNTY of SAINP LUCIE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforeuid and in the County aforesaid to take ackaowkdgments, personally appeared
ji JIM MAHAR a/k/a JANSES F. MAHAR and VIQ'•IE M~iAR, his wife
to me known to be the persoeeS described in and who executed the (ongoing instrument and try aelcnowkdsed
beforr me that ~]lOy executed the same.
i~ NITtiESS my hand and official seal in the County and State last aforesaid this 2G~+~~i`~ day of
i{' Febntary A- D_ 19 80 ~ +'"~Y,~
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f,iy C4 -i :.1 r . , c ~ -'y i';;~ M~ IttNlttt~t~
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j '~Il~ iI3S`~YiHlY12t PY~ept3Y'~d
Ibbert J. Gornlan, Esq. ~
Brnrulan, McAuley, Hayskar, McAuley & Deckert, P. A.
' Post Office Box 3779
Fbrt Pierce, Florida 33450
a~~ 3z6 ~d~~519
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