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and shall perjo-rm, comply with and abide by each and every the agreements, stipulations, conditionu and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be null a?td troid.
the mortgagor here:by further eoverta»fs and agrees to pay promptly when due the principal and
interest and other sums o/ maney provided jor in said note and this mortgage, or either; fo pay all and
singular the taxes. assessments, levies, liabilities, obligations. and encumbrances of every Walrus on said pro-
perly; to permit. commtf or suffer no waste, impairment or deterioration of said land or the improvements
thPrecn at any time: to beep the buildings now or hereafter on said land fully insured to a sum of not less
than the highest insurable value thereof
in a company or companies acceptable to the mortgagee, .the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum 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 secured, amounting ~
to the mortgagor jor any stupltts: to pay all costs, charges, and expenses, including lawyer's Jess and title
searches. reasonably incurred or paid 6y the mortgagee because of the jniltur of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said Hole and this mortgage. ~
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covPna?tts set forth in said note and this mortgage or either. In the event the mortgagor jails 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 from date thereof at the highest law-
ful mte then allowed by the laws of the State of Florida.
arty stem of money herein referred t0 be not promptly paid within lU days next after
fhP same becomes dire, or ij each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed, rnmplied with and abided 6y, then the entire
sum mentioned t?. said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or opttona herein
provided shall riot constitute a waiver of any rights or options under said note or this mortgage accrued or ~
therea f f er accruing. ~
` i
~n ~h~~f, the said mortgagor has hereunto signed and sealed these presents the
day and year firs! above u~ritlen.
t
t
Signs Paled and liv ed i the presence oj:
Del Stroupe
~7~
er on R. Steffens.
I STATE OF FLORIDA,
` C
COIJ\TY OF $t. Lucie ,
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
DEL STROUPE and VERNON R. STEFFENS
'.~o~~hc known to }x the person Sdescritxd in and who caecuted the foregoing instrument and they acknowledged
+i;.
$ ~'icfpi? t~tyg'tFlat they executed the same.
-{~1~~~1~SS my hand and official seal in the County and State last afore aid this 12th day of i
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>~ara1~ A. D. 19 ~
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Notar Pubc, State of Fla at Lar
_ HTiy Commission Expires : 2-7s$1
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THIS IYSTRJLtE.IT WAS FREF'ARED
"!'lru Iruln»»~»~ prrpnrr'd by: Ff;,~,~,I: Ii. FFr 11I ~
5~~,~ ~:iy~a ~-;:,E ~ 119
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