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and shall perjarm, comply with and abide 6y ench and every the agreements. sftpulatio?is, conditions awl
covenants thereof, and o/ Ihia mortgage, then thi: mortgage and the estate hereby created, shall cease, de-
te?mine and be null and void.
the mortgagor hen+by further covertnnts and agues to pay promptly when due the principal and
interest and other sums of money provided for in sold note and this mortgage, or either; to pay aU and
singular the taxes, assessments, levies. liabilities. obligations, and encumbmnees of every nature on said pro-
pe?ty; to permit, commit or suffer tto waste, impairment or defe?torotion of said land or the improventenb
lherecn at any time; to keep the budding: now or hereafter on said land fully tnsttred in a sum of not less
Ihan full insurable value
in a company or companies acceptable to the mortgagee. Jhs 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 I?utunrtce the
mortgagee shall bane the right to receive and apply the swne to the indebtedness hereby secured, accounting
to the mortgagor (or any surplus: to pay all costs, charges, and expenses, including lawyer's fees 'and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, rnndifions and covenants of said note and this mortgage.
or either; to perform, rnmply with and abide 6y each and every. the agreements. stipulntioro. conditions and
covenants set forth in said note and this mortgage or either. 1n the event the mortgagor jails 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 maq pay the same, without waiving or affecting the option to. joreclwe
or any other right hereunder, and all such payments shall bear interest from dotethereof at the highest lnw-
jul rate`lhen allowed by the lours of the State of Florida.
any sum of money herein referred to be not promptly .paid within thirty days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and gouenants of said
note and ibis mortgage, or either, are not fully performed. complied with and abided by, 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. 6ernme and be due and payable, anything in avid note or herein
to the contrary notwithstanding. Failure 6y 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 this mortgage accrued or
thereafter accruing.
~n ~~uleSS ~h~eof, the said mortgagor Ens hereunto signed and sealed these presents the
day and year f
irsf above u~ritMn.
Signed. Sealed and delivered in the preSPrtCp Oj:
. R rt fern an
4
STATE OF FLORIDA,
COUNTY OF ST, LUCIE,
I HEREBY CERTIFY that on this day, before me, an
offirer duly authorized in the State aforesaid and in the County aforesaid to take ackaowkdgments, personally appeared
ROBERT M. JERNIGAN
t
to cne known to be the person described in and who executed the foregoing instrument and he acknowledged
l
Ixforc me that he executed the same.
WIQ'NES$ my hand and official seal in the County and State last aforesaid this 2nd day of
April ~ ' A: D. 19 80 .
e
Notary Pub ate of Florida
~ t~'~ at Large
I~', My Commission Expires : ~~/~O/jQd
~~ggp 1?~ ~3f
f LEQ'RC~~ tY~s''. ~ ,``ss~~rrntrrr~~~
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I Diu hu/tumcm ' J~~~ ~ s' ~ - ,
I~~RfllYcltT WAS PREPARED elf 1 . ~
Add>~ SPENCER B: GILBERT, Attorney at Law 804~~K~w Pl1GE~rVW
YYO S. SEOOND STREET, fT. PIERCE, FLA. 3345t! (.,p rVW