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and shall perform, comply with and abide by each and every the agreements. atipulationi, conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and void.
T11N1 the mortgagor hart+by jwfher covertanfa and ogreea to pay promptly when due the principal and
interest and other sums of money provided jor to said note and tha mortgage. or either; to pay all and
singular the fares, assessments, levies. liabilities, obligations, acid encumbrances of every nature on said pro-
perly; to permit. commit or slit
ter no waste, impairment or deferiorotion of :aid land or the Improvements
lherecn at any limp: to beep the buildings now or herrajter on said land fully insured to a sum of not less
than highest insurable value. Not less than $17,000.00
in a rnntpany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
!o, sold mortgagee, and in the even! any sum of money becomes payable by virtue of ouch insurance the
mortgagee shall have the right to ?eceive and apply the same to the indebtedneaa hereby secured, accounting
!o the mortgagor jor any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title _
searches, reasonably incttr?ecl or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, rnndittons and covenants of said note and this mortgage,
or either; to perform, comply u?ith and abide by each and every the agreements, :fipulntions, conditions and
covenants apt forth in said note and this mortgage or either. /n the event the mortgagor fails to pay when
due any tax, assessment, instuance premium or other sum of money payable by virtue of said no!• and this
mortgage. or either, the mortgagee may pay the same, without tudivtng or ajjecfing the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
ful rate then allowed by the ~u~a Of the State Oj Florida.
1` any sum of money herein referred to be not promptly paid within ~IjsTy days next of
let
the same bernmes duce, or i f each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not jolly performed, complied with and abided by, then the entire
sum mentioned irt. said note, and this mortgage, or the entire balnrtce unpaid thereon, shall forthwith or
Thereof
ter. of the option of the mortgagee, became and be due and payable. anything in said note or herein .
to the contrary nofwifhstanding. Failure by the mortgagee (o exercise any of the rights or options herein
provided shall not constitafe a u~aivpr of any rights or options under said note or this mortgage accrued or
fhereafhr accruing.
~n ~t~~SS ~ ~Ols 1hc• said mortgagor has hernunto signed and sealed these presents the.
day and yc~tr lirsf ahcsrP rri gyn. _
, sealed and dPl' ed in the presc•nc-e of
`1 \ ' _ °~i~~
tness ~•V~ _ ~~•~Narry~M.~ ~ lis
n~ Maw. E is
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f STATE OF FLORIDA,
~ .CC~~~TV c)F LUCIE i
I HEREBY CERTIFY that on this day. before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Harry M. Ellis ~ Mary G. Ellis, his wife
to m~• known to br the person 3 described in and who executed the toregoinq instrument and who acktwwkdged
~ before me that they executed the same.
N I7 :NESS my hand and official seal in the County and State last aforesaid this 27th .day of
March A. D. 19 80 • :.}+sti
t. ,
~ ~ n
.
Notary Public - ~ -
c4 . f- -
' KAR 31 ~ 10 ~
My Cotmnission Espir~l~ •;•~c,' s
ftlEO iAItC t'ECuRaF.G
ry Public, $tafib,~. F+~~.I ~ ~g~e '
~f:LIICIE CpU;l1Y.f4A. Nola V y~~• 98
MtOGER POIiRh My Commission i?cpie'a4,:'~V`
,~h~?- Z._
I :@;,EttK CUtCtgT CGuRZ 'aril ; d ~ ll t 1 <<~~'
~r[~!flfC
~ 48i~
~ %7iu Iiulnustn/ m are/' ~y: PREPARED tfl~e _ r ~ N L`!~~'i -
P P' l H:'L~~EA TITLE t)< GUA~ANIY GOMPAt.Y
,~I~It>RXt 6000 S. U. S. 1, PORT 5T. LUCIE. FLORIDA "iNHIG'
p~E~~ INSTRUMENT RYAS PREPARED INCIDENTAL TO T?!.
€ ~i~~~ WRITING OF A TITLE INSURANCE POLICY"
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