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and shall perform, comply with and abide by sack and st?ery the agreements, stipulnttoni, eondlttons acid
co+?enants thereof, and of this mwegap4. then this mortgage and the state hereby created. shall cease, de-
termtne and 6e n++ll and void.
the mortgagor hereby further covenants and agrees fo pay promptly when dw flee prtnNpnl and
inferrsl and other sums o/ money provided jor fn said note and this mortgage. or either: to pay all and
singular the taxes, assessments, levies, liabilities, obligations. and encumbrances of every nature on said pro-
perty: to permit. commit or suffer no waste, impairment or deterioration of sold land or the improwmenfs
lherecn at any time; to deep the buildings now or hereof
ter on said land fully insured to n sum of not Iess
than highest insurable value.
I in a company or companies acceptable fo the mortgagee. the policy or policies to 6e heW 6y, and payable _
to, said mortgagee. and to the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall haue the ?ight to recetue and apply the same to'the indebtedness hereby:ecursd, amounting
to the mortgagor jor any surpl+u; to pay all cwt:. charges, and expenses. including lawyer's fees and titb
searches. reasonably incurred or paid 6y the mortgagee because of th• fatlttre of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and eovenants of said note and this mortgage,
or either: to perform, comply u?ifh and abide 6y each and every the agreements. stipulations. eonditions and
rnt?enants set forth in said note and this mortgage or either. In the event the mortgagor jells to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either. the mortgagee may pay the same, without waiving or of
jecfing fife option to foreclose
or any other right here+rnder, and all such payments ahaU bear interest from date thereof nt the highest law-
f ul rate `then allowed by the Iau?s o/ the State of Florida.
~l any sum of money herein referred fo be not promptly paid within days next after ,
fhp Same. becomes due, or ij each and every the agreements, stipulations, conditions and eovenanb of said
note and this mortgage. or either, are not jolly performed, rnmplied with and abided 6y, then the entfro .
sum mentioned in said note, and this mortgage, or fh a 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 rnntrary rtolu?ithsfanding. failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver o/ any rights or options under said note or this mortgage acci+sed or
thereafter accruing.
~n ~futeSS ~~OLr the said mortgagor has hereunto signed and sealed these presents the
day and vear (first above r ften.
S' .sealed and de Bernd in the prnspnce oj:
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STATE OF FLORIDA,
i
COUNTY OF S}. 1-_ _
I I HEREBY CERTIFY that on this day, bdore me, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, perwnally appeared
kE to me known to be the person described in and who executed the foregoing instrument and acknowledged
before me that executed the same.
f
~ H't"i'NESS my hand and official seal in the County and State last aforesaid this .Z1~~ day of
V~~~• A. D. i9 80 .
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e 1•iotary Fitb~ic ;,~3...,~jt.
. ~ 25 I~~i ~ ~Z My Commission Expires:. -<..~~Cr. .1?~~:4?
NL 0 *f:w t!ECOttt?t ~ rY Public, State of . V > .
~L CGIMTK~t I?- tiry Corruoissi ~ ~
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/I3 IIW17pNfll/ !7' /r'lj Gy: PREPARED BY! ~ NQ~ SA-n~~>~ Rs~ N _ t
p ~ CHELSEA TITLE & GUARANTY COMPANY I
A[I[I/(xf 6000 S. U. S. 1. PORT ST. LUCIE, FLORIDA "WHICH I!
PA{K ~ INSTRUMENT WAS PREPARED INCIDENTAL TO THE
AtK WRITING Of? A TITLE INSURANCE POLICY=
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