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and shall perform; comply with and abide by each and every the agreements, stipulations, conditions and
cot+enants fheroof, and of thi: mortgage, then this-mo?tgnge and the estate hereby created, shall cease, ds-
fermine and 6e null and void.
~nd the mortgagor pert+by (urthe? covenants and agrees 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 !axes. assessments, levies. ltabtlities, obligations, and encumbrances of every nature on said pro-
perty: fo hermit, commit or suffer no waste, impairment or deteriotnlton of said land or the improvements
thereon at any time: to Iteop the buildings now or hereafter on said land fully insured in n sum of not Leas ,
than
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event any stun of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectu+ed, accounting
to the mortgagor for any surplus: to pay all costs, charges, and expenses, including latuyer's Jess and title
searches. reasonably incurred or paid by the mortgagee 6ecnwe of the jailors of the mortgagor to promptly
and folly comply wish the agreements, stipulations, conditions and covenants 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 Jorth in said note and this mortgage or either. In the event the mortgagor fails 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 jrom date thereof al the highest Iau+-
(ttl rate then allowed by the Laws of the State of Florida.
)L any sum of money herein rrferred fo be. not promptly paid within th~,rt~/ days next after
the same becomes due, or if each and every the agreements. stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with -and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgngee,-bernme and be due and payable, anything in-said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constihtte a waiver of any rights or options under raid note or this mortgage accrued or
thereof ter accruing.
~n ~itneSS ~heCeof, the said mortgagor has hereunto signed and sPnled these presents the
day and year first above written. ~
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Sig?ed, sealed and delis+ered in the presence of
Qx C`n Formerly ' - - '
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STATE OF FLORIDA,
COL'tiTY t)F $ t , Lucie -
- I IiEREBY CERTIFY that on this day, before me, an
officer duly authorized in the Stott aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Covello Anderson
I~ to me known to be the person described in and who executed the foregoing instrument and She acknowkdged
before me that She executed the same.
~YITNESS my hand and oiE;cial seal in the County and State last aforesaid this 10th day of
March A D 19 80 ~
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Ft. Pierce, FL 33450
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