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and shall prr(orm, comply u~ifh and abide by each and errry the agreements, stipulations. conditions and
cal'elt/tills tllerro(, ctrld u( 111is mortllaslP, turn this mo?tga{fe and the estate hereby created, shall cease, de-
tr/nl-irlP atltl be Illdl a1111 Voltl.
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T1nd IIu• mortgagor Ilen•by (urlher covenants and agrees to pay promptly when due flee principal and
interns! and other sums of moitry providc•cl (or in said note and this mortgage, or either: fo pny all and
singular Ihr fa.rrs, assessments, levies, liabilities, obligaliuns, and encumbronces of every nature on said pro-
perly: to permit, commit or su((rr no waste, impairment or deterioration of said land or Ilse improvements
Iherncn nl any limn; to Iteep the buildings now or hrrna(ter on said land (ally insured in a sum of not less
than full insurable value •
in a cornpnny or companies acceptable to fhr morfgagre, fhr policy or policies fo be held 6y, and payable
to, said mortgngee, and in Ihr event any sum of money becomes payable by virtue of such insurance the •
morfgagre shall have Ihr right to rnceive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any surplus: lu pay all costs, charges, and expenses. including lawyer's fees and title j
searches, reasonably incurred or paid by the mortgagee becat+se of the failure of the mortgagor to promptly -
and (ally comply tvifll the agrrrntr/lfs, sfipulatiorts, conditions and covenants of said note and Ibis mortgage,
or either; to per(ornt, comply u>itlt and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In fhr event the mortgagor (ails to pay when
dun any tax. assessment, insurance prnmium or other sum of money payable 6y virtue of said note and this s
mortgage, or eifller, fl,e mortgagee may pay the same, tvilhouf waiving or affecting the option to foreclose
or arty other right hernunder, and all such payments shall bear interest from date thereof at the highest law-
(ul raft then allou~rd I?y the tau>s of the Slate of Florida.
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any sum of munev herein rn(erred to be not promptly paid within ten days next of ter
Ihr same becomes due. or i( each and every fhr agreements, stipulations, conditions and covenants of said
note and Ibis mu?tgagr, or either, are no! fully performed. complied with and abided 6y, then the entire
sum mentioned in said ?lote, and this mortgage, or the entire balance unpaid thereon, shall f
orthu,ith or
thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein ;
to the contrary nodvifhstonding. f=ailure by the mortgagee to exercise any of the rights or options herein
pmvidcKl shall not cunstilute n u>airer of any ?ighfs or options under said note or this mortgage accrued or
fherna(fer accruing. ~
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~n ~ltneSS whereof, fhr said mortgagor has hereunto signed and sealed these presents the
day and year f irsl abort u•ritlen.
.
Signe .scaled and delivern 1 in the pres,•nre o(: f
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I i STATE OF FL( )RiDA, ~ 1
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cOt'~TY OF ST. LUCIE
- I HEREBY CERTIFY that on this day, before me, an
i officer ciul~- authorired in the Stair aforesaid and in the County aforesaid to take acknowledgments, {xrsonally appeared
9 MARGARET CULVER and CHARLES CULVER, her. husband,
~ ( and KENNETH A. CULVER
E to mr known to fk the persons described in and who executed the foregoing instrument and they acknowledged
~ Ix•fon• me that theyrxer„tea the same. , }
1~"II ~iF.SS m}- hand and official seal in th~• County and State last aforesaid this day of
A. D. 19 $0. ,
1?1 A G /-F-
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My Commission Expires : "Not ry tic, S te.•of ~ orid~• .
j Not„p i~K. S#ete of flcri3a at ~
~ }t1r Cornmiss+on Etpres May c6 ? J^~ ~ ~/s - •G
PK ~2' 2 ! . ,
v FILEtI ~K@ PECudtir
4 ST uC1E CG(141 Y. F 1.1.
f4~C,Et? P01 i RAS
CLERK CtRCU1T COL Q
RECO~C VER1FIf_f} _~~.~J__.y_
%,i, /~ulr„n,~,r/ /rr,~rrc•c/ /~y: Spencer B . Gilbert
~t+/+/,7•~s P . 0 . Box 3388 , Ft . Pierce , F1 33450 ~ ~Q ~Q
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