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and shall perform, comply u~ifh and abide by each and every the agreements, stipulations, conditions and
cat~e?tartls thereof, artd of this mo?tga(tF, Ihe?t this mortgage and the estate hereby created, shall cease, de-
lermirte and be null and void. '
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llln~ fire morfflagor Itert•by further cove?tanls and agrees fo pay promptly when due fire principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the Tares. assessments, Ivies, lia6flities, obligations, and encumbrances of every nafurn on said pro-
perly: fa Ix+rmil, rommif or suffer no waste, impairment or deterioration of said land or the improvements
Iherncn of any lime: to beep fife buildings now or hereafter on said Iand fully insured in a sum of not less
Than the Ilaxinun insurable interest.
in a company or companies acceptable fo the mortgagee, the policy or policies fo be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same fo the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay alI costs, charges, and expenses, including lawyers fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly ~
and fully comply u~itlt the agreente?tls, stipulations, conditions and covenants of said note and this mortgage,
or either: fo perform, comply u~illt a?td abide 6y each and every the agreements, stipulations, conditions and
co:~ertartts set forl?t i?t said note and this mortgage or either. In the event the mortgagor fails to pay when ~
due any fax, assessment, insuranrn premium or other sum of money payable 6y virtue of said note and this s
mortgage, or either, rite mortgagee may pay the same, urithout waiving or affecting the option fo foreclose
or any other right hereunder, and aII such payments shall bear interest from date Thereof al the highest law-
(ul rate then allotard by the laths of the Stale of Florida.
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any sum of money herein referred to be not promptly paid wilhir?-~)En (10) days next of ter I
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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
s
Thereof ter. at the option of life mortgagee. become and 6e due and payable, anything in said note or herein
to the contrary notu•tfhslnnding. /=ailurn by the mortgagee to exercise any of the rights or options herein
provided shall not consfihtte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n witness i~hereof, the said mortgagor has hPfPllntO signed and sealed these presents the
day earl year first aboee tvriften.
Signed. sealed and delive ed in the prnsrnce of
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_ L ~ 7s~.~-.. tc c .t~~ • .
_Hug Frashure ~
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~ e~en l.. Frashure •
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STATE OF FLORIDA,
E ~ COI-\"Il' [1F Sj'. IIJCIE
j I HEREBY CERTIFY that on this day, before me, an
' officer riuh~ authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
= HUGH E. FRASHURE and HELEN L. FRASHURE, his wife,
to m.• known to Iw• the person S drscritxd in and w•ho executed the foregoing instrument and 4~I acknowledged
t Mdun• nu that they executed the same. 3
3 i l\"Il HESS my hand and official seal in the t:ounty and State last aforesaid this day of i
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D. 19 8O.
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~ THIS INSTRtJMEIJT` PREPARED BY: L . ~.~3a..... -
1 ` ;
_ • , ; •
JOSEPH J. De ROSS, JR., ESQUIRE Notary ublic, State~q~ ~.~o- i'~.
.
FEE, IGOBLEGARD & TEFL, P.A. Large. - •~'~`.~f~ ~ ~ - .
Post Office Box 1000 My Commission Expi,>~~s, t` -
~I Fort Pierce, Florida 33450 ry (Sea.' r`"~ , - ~
a r. a~593 ~ _ _-1_
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