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and shall pe?/orm, comply with anti abide 6y each and • every the agreements, stipulations. rnndiftons and
. covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall;cease, de-
termine and 6e atilt and ibid. •
I>;IW the mortgagor hereby (urlher rnvenanfs and ogees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage. or either; to pay all and
singular the faxes. assessments, Ieviea, Itabilities, obligations. and enctunbrances of every nature on said pro-
perty: to permit, commit or s++f
ter no waste. impairment or detertorafton of said land or the improvements
thereon of any lime: fo peep the buildings nou• or hereafter on said land (ally insured in a sum of not less
than
in n t`ompany or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, and in the event any sum of money 6ecomea payable 6y virtue of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor far any st+rpltts: to pay all costs, charges, and expenses, including lawyer's feea and title
seaMltes, reasonably incurred or paid by the mortgagee bemuse of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covennnfa of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor (ails 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 of
jecttng the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the htgheat law-
~ul rate then allowed by the laws o/ the State o/ Florida.
I any sum of money herein referred fo 6e not promptly paid within 30 days next after
site saint- uet-ut::rs dt+e, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not /ally performed, complied with and abided 6y, them the entire
sum mentioned in said note, and this mortgage, or fhe entire balance unpaid thereon, shall forthwith or
thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein
to the rnnfrary notu~tlhstanding. Faflt+re 6y the mortgagee fo 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 accrued or
Ihereaflcr accruing. ` -
~n ~ltn~SS whereof, fhe said mortgagor has hereunto signed and sealed these presents the
day and year first above a+riften.
Signed, sealed and del' sere 'n fhe presence of
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E STATE OF FLORIDA,
COG'NTY OF $t , Luci e
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take ackrwwledgments, personally appeared
John J. Koroly, a married adult
to me known to be the person described in and who executed the forcgoinR instrument and he acknowkdAed
~ before me that he executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this 13th day o[
.February A. D. 19 $0 -
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Thu Lwnurftn p,rprr>rd by: ThotneS~`!4:. Drs scot l
;1JtlmsTreasure Coast Service Corporation g~
121 Orange Ave. Ft.Pierce, F1. 33450