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and she!! perform, rnlttplp with and abide by each and every the ogroements, stlpulattoni, eonditivru and
cove?tanb thereof, and of the mortgaps, then Chia mortgage and the state hereby croatsd, shall cease, de-
iermene and oe nttii and void.
the mortgagor her+ttbr further cownanta and agrovs to pay promptly when dw the pet?tcipal and
interest and other sutra of money provided for in sold note and thL mortg~e, or either: to par all and
singular the faxes. assessments, levies, llabtltties. ob[igaltoru. and encumbronoes of every nature on said pro-
perty; fo permtl. commit or suffer no wcule. impairment or deterior+atbn of said land or the lmprowments
lherecn at any lime; to beep the buildings now or hsreajter on said land fully Insured In a sum of not leas
than or highest insurable-value
in a company or companies acceptable to fhs mortgagee, the policy or policies to 6e held 6r, and parable
to, sntd mortgagee, and in the event any sum of money 6eooma parable 6y virtue bj such insurance the
ntorfgagee altell Itatk !~+e uhf fa .erft•n and apply the! same to the indebtedness hereby secured. accounting
to the mortgagor joy any surplus: fo par all costs, charges. and expenses, including lawyer's fees and rifle
searches, rensonablr tncurrod or paid 6r fhs mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and rnwnants of said note and this mortgage.
or either; to perform, comply with and abide by each and every the agroemertta. stipulations. eondiltons and
_ covenants set forth to said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment. insumnee premium or other sum o/ money payable 6y virtue of sold note and this
mortgage, or either. the mortgagee mar pay the same. without waiving or ajjecttng the option to foreclose
or any other right hereunder, and all such payments ahaU bear interest from date therooJ at the highest law-
f
ul mte then allowed by the laws of the State o/ Florida.
~l any sum of money herein re(emed fo be not promptly paid within 30 days next after
the same becomes due, or ij each and every the agreements. stipulations, conditio?u and cavenanis of said
notes and this mortgage. or either. are not /ally perjonrted. complied with. and abided by, then the entire
sum mentioned in said note, and this moHgage, or the cairn .balance unpaid thenson, shall f
ortltwith or .
thereafter, at the option of the mortgagee, become and be due and payable: anything in sold note or herein
to the cortfrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
prorided shall not rnnstitttte a waiver of any rights or opftons under said note or this mortgage nca~ued or
fhereaffer accruing. ` -
)n ~~Olr the said mortgagor has Itereunfo signed and sealed fltese presents the
day and year f
i?sl above u~riften.
Si ed. sealed a delivered in the presence o/: .
L N F. PARSONS
I~ %
. -
STATE OF FLORIDA,
coLT~TV of ST. 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 acknowledgments, personally appeared
LON F-s PARSONS
to me known to be tht person described in and who a:ecuted the foregoing instrument and he acknowkdsed
heforr me the: he executed the same.
KI7NESS my hand and ofticia) seal in the County and Sute last aforesaid ehu Sth_. -day of
March A. D. 19 80
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~ _T ~ ~ ' 8 Notary Public
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MY COMMISSION EXPIRES:
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