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and shall perform, comply with and abide 6y each and every the ognements, stfpubttoris, conditions and
rnvenonts thereof, and of this mortgage, then this mortgage and the estate hen6x created, shall cease, de-
ttmnine and be null and twirl.
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the mortgagor hereby further covenants and agrees fo pay promptly when dw the principal and
interes! and other sums o/ money provided for to sold note and this mortgage, or either: to pay all artd
singular the fatses, assessments, levies, Ilabilities, obligations, and encumbrances of every nature on said pro-
perfy: to permit, commit or suffer no waste, impairment or detertorntton of said land or the tmprovemenb
thereon a! any lime: fo keep the buildings now or hereafter on said land fully insured to a sum of not less
than FULL-INSURABLE VALUE
in a company or companies acceptable fo the mortgagee, fhs policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y nirfw of such insurance the
mortgagee shall have the right to receive and apply the tame to the indaLtedness hereby secured, aecotsnftng
to the mortgagor for any surplus; fo pay aII costa, cha?ges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failtu~e of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and eovennnts of said note and thL mo?igage.
or either; fo perform, comply with and abide 6y each and every the agreements. stipulations. conditions and
covenants set forth in said note and this mo?tgnge or either. In the anent the mortgagor jails to pay when
dtie any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or of
jecting the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lnw-
ful rate then nlloured by the laws of the State of Florida.
~l any sum of money herein re(arred fo be not promptly paid within ---30------day: next offer
the same becomes due, or ij each and every the agreements, stipulations, conditions and eouennnts of said
note and this mortgage, 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 and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any o/ 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. *Apartments should be painted if needed and roof inspections done
every three `(3) years . -
sn ~~IIIQ~ ~~~Olr the said mortgagor has hereunto signed and sealed these presents the
day and year first above a?riften.
Signed, sealed and delivered in the presence oJ:
I _
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' ~ - triers------- -
~ ~ E Boy c
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Belva I. Snof'f-- - . .
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STATE OF FLORIDA,
COUNTY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
i officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgmcnts, personally appeared
E. Boyd Shoff and Belva I. Shoff, his wife
to me known to be the prrson S described in and who executed the foregoing instrument andthey acknowledged
Ixfore me that they executed the same.
N~I7i~iESS my hand and official seal in the County and State last aforesaid this ~ 'fir day of
~ f~f
/21~ A. D. 19 80
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1' Notary Public
4~32p36
My Commission Expires:
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_ - FILED AND t?Et;4 U M~A~t•1Mf
St.LUC E couatY.FLA. ~ry1~~D/~~»
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l7iu Irtsinimr»~ prrpn~rd by: - ~
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