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and shall perform, c(rmply with artd abide 6y each and every flte agreements, slipulatio?is, conditions and s
covenants thereof, artd of this mortgage, then this mortgage and the estate hereby created, shall cease, de- s
termine and be null and twirl. }
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>tU~~ the mortgagor hereby further covenurtfs and agrees !o pay promptly when due the principal and
irtteresl and ollter sums of money provided jor in said note and this mortgage, or either: to pay all and
singular the fares, assessme?tls, levies, liabilities, obligations, and encumbrancer of every Walrus on said pro-
perly: fo permit. commit or suffer no waste, impairment or deterioration of said land or the improvements
Iherecrt al arty time; to beep the buildings now or hereafter on said land jolly insured in a sum of not less
than or highest insurable value
in a contfwny or companies acceptable fo Ilte 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 instunnce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectued, accounting
to the mortgagor (or any surplus: to pay all costs, charges, and expenses, including lawyeri fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants aj said note and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
conenartls set forth in said note and this mortgage or either. In the event the mortgagor jails fo pay when I
due any tax, assessment, insurance premium or other sum o/ money payable 6y virtue of said note and this ~
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mortgage, or eiflter, the mortgagee may pay Ilte same, urithouf waiving or affecting the option to foreclose
or any other right herPttnder, and all such payments shall bear interest from date !hereof at the highest law-
(ul rate then allowed by the laws of the State of Florida.
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DL any sum of money herein referred to be not promptly paid within 30 days next of ter
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this morlyaffe. 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 mortgagee, become an(l be due and payable, anything in said note or herein
to fh~ contrary notwithstanding. /=allure by the mortgagee to exercise any of the rights or options herein :
provided shall not constitute a waiver of any rights or options under said note or Ibis mortgage accrued or
fhereafler accnring-
~n ~itneSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the
~ day and year first above u'ritfen.
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SIg11e(l. SPaIPlI artd l -1'ere(I in fIIP preSPll('P Of : i
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BERT E. PARKER
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MIIJ?VIE W. -PARKER }
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i STATE OF FLORID:1,
COI'\T1' OF ST. LUCIE
t HEREBY CERTIFY that on this day, before me, an
~ ~ officer duh• authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
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~ ROBERT E. PARKER and '.'~fINNIE W. PARKER, his wife
to rm• known to br the p~rwn g dexribed in and who exerutrd the foregoing instrument and they acknowledged
~ )~efon• me that they executed the same.
~~'1•l \ESS my hand and official seal in the Counh• and Stag- last aforesaid this ~/S~ day o[ I
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~yLCllt :1. D. 19 80
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GL~L~C~[.Q~
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s f :Votary Public
!3~ KAR 20 2- ~3
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