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and shall perform, court>ly u•iflt and abide by each and every the agreements, stipulations, conditions and
cavPnanls thereof. and of this mortgage, then this mortgage and thl>; esfat(+f hereby created, shall cease, de-
tPlmltlP and he null and void.
Iin~ the mortgagor her/•by further cove?tanls and agrees to pay promptly when dus the principal and
i?tferest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every noture on said pro-
perty: fo permit, commit or suffer no urasfe, impairment or deterioration of said land or the improvement
1hPrPCrt at arty limp; fo IrPep the buildings rtou? or hereafter on said land fully Insured In a sum of not less
than highest insurable value. .
in n company or compartit•s acceptable to the mortgagee, the policy or poltciea to be held 6y, and payable
to, said motigagPP, artd in flip Pu~?tf 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, acrnunting
to the mortgagor (or any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably jncu?red or paid by the mortgagee bemuse of the failure of the mortgagor to promptly
and f ally comply with the agreements, stipulations, conditions and covenants of said Hole and this mortgage,
or Pif/tar: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the even! the mortgagor falls to pay when
dire arty tax, assessment, irtstt?ancP premium or other sum of money payable by virtue of said note and this
mortgage. or Pif/ler, IhP mortgagee may pay the some, without waiving or affecting the option to foreclose
or any other right herPtl?tder, anti all such payments shall bear Interest from date thereof at the highest lau•-
f ul mte then allou•ell />y 1he laws of tbP Staff of Florida.
~l any sum of monev herein rPlPrred fo be not promptly paid within FIFTEEN days next after
fhP same becomes due, or ij earh and PvPry the agreements, stipulations. conditions and covenants of said
note artd Ellis ntorfga~fP. or either, are riot fully performed, complied with and abided by, then the entire
sum mentioned in said ?totP, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. at the option of ilia mortgagee, become and 6P due and payable, anything in said note or herein
to IhP conlmry noh?•ilhstancling. /'allure by fbP mortgagee fo exercise any of the rights or options herein
pmridPd shall not consfilufe n waiver of any rights or options under said Hole or this mortgage accrued or
flrernahor accruing.
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~n ~ditness ~i~ereof, f,l/• sai/l morf~?7gur {I/I\ hPfP?Infa signed and Sealed f/IPSP presents the
da\' a11/{ w•nr {IISf n601•P n•rIt (1'II.
Signe 1, sealed / Id lir • /•d in the presPncr of .
~ - f _ . - - - -
Wi ass David Blackburn
Hess
_
k ~
~ STATE OF FLORIDA,
E
g I I HEREBY CERTIFY that on this day, before me, an
of(iler dul}• authorized in the Stan- aforesaid and in the County aforesaid to take acknowledgments, personally appeared
e ! David Blackburn
' to m.• knuwn W F>r thr• person deuribed in and wno ezecuted the fore>toing instrurrxnt and Who acknowledged
~ Ixfon• rnr that he ezecuted the same. 1
t
~~'IT\ESS my hand and official seal in the County and State last aforesaid this day of 1
~f~~ A. D. 1980. - I ;
,
_
; • -
P~ ~ 41 Notary Public ~ ~ '
- _
}
~ ECOKCt:U My Cotttmission Expiresi' ' - ~ _
FtLEO -
- ST.LUCIE pOlTRAS~ Notary Public, Stato cf Flori~lB,jR'L
RQ6ER
_ CLERK CIRCWT CART ~y Commission Expires Marh 21,.•~.9$~
~ ~i
40452 ~3'~` •
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%il /IIS/rr/ufftri prrp~llil! hy: Linda Sanderson ~
1 f
~l~/~rr_tt CHELSEA TITLE b GUARANTY C(7MPANY I
~ 8000 South U. S. 1, PORT ST. LUCIE, FL ~L'Qlt~ PA(r~~