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and shall perform, eomPh? with abide by and et~ry the agnemen4. attpulatiwu, canditiottr artd
eonertants tltenoj. std of this mortgepe. then this mortgage and the estate hereby crested, shsU cease. de-
eernti~e and be null and void. _
the mortgagor hereby further covertania and apnea to par promptly when dw the principal and
interes! and other sums of money provided /or in said note and this mortgage. or either: to pay all and
singular the taxes. ossessments. bvies, liabilities, obltgntioru, and encumbronoes of every nature on said pro-
perty: to psrrrttt. commit or suffer no tuasee. irttpairment or deterioration of said land or the trnpravemenb
thereon at any time: to 4eep the buildings now or hers/ter on said land fully truund in a sum of not less
than highest insurable value
in a company or companies acceptable to the mortgagee. the police or policies to 6r held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtw ej 'such tnsurartee the
- mortgagee shall leave the .igkt to receive and opply the same to the indebtedness herby aectwd. aceounNng
to the mortgagor for any surplus: to pay all coat, charges, and expenses. including lawyer's /sea and Nlb
searrhss, reasonably incurred or paid 6y the mortgagee bemuse of the jailttn of the mortgagor to promptly
and fully comply with the agreements, stipulations. conditions and covenants of said note and this mortgage.
or either; eo perform. comply with and abide by each and every the agreements, stipulattaru. eortdttions acrd
covenants set forth in said note and this mortgage or either. In the event the mortgagor fait to pay when
dw any tax, assessment, instuanee premitun or other sum o/ money payable by virtw of said note and this
mortgage. or either. ilea mortgagee may pay the same. without waiving or affecting the option to jorrclose
or-any other right hereunder, and all such payments shall bear intense from date thereof at the highest law-
ful rate then allowed 6y the laws of -the State of Florida.
~L any sum of money herein nJenrd to be not promptly paid within Fifteen days next after
the snore becomes due, or ij each and every the agreements, stipulations. conditions and covenants of said
note and the: mortgage, or either. ore not jolly perfonvted. complied with and abided by, then the entire
sum mentioned in said note. and this mortgage, a th s entire balance unpaid thereon, shall forthwith a
thenajter, at the option of the mortgagee. 6e~.~ome and 6e dw and pnynbb, anything !n said note or herein
to the contrary notwitkstanding. Failure 6y eke mortgages to exercise any of the right or opttoru herein
provided skall not co?ulitute a waiver of any rights or options under said Hale or tki: mortgage aaa~ued or
thereajte? accruing.
~n - iti~li~ ~~t the said mortgagor has kereunto signed and sealed tkese presents eke
day and year fiat above written.
Signed, sealed and ~ red in eke prrsence of : _
.l~_rC~~3~. L.S.
..o
.
- - ess - Donald D. P~ o~~r~~--
_
~ . ..................!.Ir\-----•- - - L.S.
j ~ tress ~ ~-ances T. Paxton
L.S.
L.S.
E
i
S'L'ATE OF FLORIDA,
courrrY of ST. LUCIE
I HEREBY CERTIFY that on this day. bdore me, sot
officer duly authorized in the State aforesaid and in the County aforesaid to take acknawledamena, personally appeared
Donald D. Paxton & Frances T. Paxton, his wife
to me known to be the person 5 desrn-bed in and veto executed .the foregoirgs irutrument and who acknoMrledsed
before me chat they executed the same.
WITNESS my band and official seal in the County and Sta last aforesaid this 3rd day of
March A. D. l9 80.
0
..V1.1!!~:7~t~K.. -
r Notary Public
~~~_4 PK Z.42
o~t~FE Y~~~. My Commission Expires:
~Ath 1{~K sTA/E ~ iL~ORtQA AT tM~
Mr tAMMISSIOti t~ MAt. t~ 1111
IFRtI Gf NER al t Ni t~R1A1R t *f RS
4'780x76 .,,•,o`~,~~
I _`~i-l-
Thu I,wrumrni ~p~aird b~+: Linda Sanderson ~ ' - .aT~= rte.
CHELSER TITLE & GUARANTY COMPANY ' ~ "
Addrts
201 S. 2nd Street ~;,.o,~: -~NN~' f~
Ft _ Pierce _ Fl 33450 4'~~ ~ 71 Qe,ti.. ~ Aq 1 ~''%.f
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