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and shall perform, comply with and abide by each and easry the agreements. atipulationi, conditions and
covenants thereoj, and of this mortgage, !ht?n thls. mortgage and the estate hereby created, :hall cease, de-
termtne and be nuU and twtd.
lUi4 the mortgagor hereby further covenants and agrees fo pay promptly when due the principal and
interest and other sums of money provided for In said note and this mortgage, or either fo 'pay all and
singular the taxes. assessments. levies, liabilities, obligations, and enctunbronrw of every nntttre on sold pro-
perly: fa permit. commit or auf
f
er no waste. impairment or deterioration of said land or the improvemenb
lherecn at any time; to peep the buildings now or hereafter on sold land fully insttred to a stun of not less
than highest insurable value--------------------------------------
in ncompany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, :aid mortgagee, and in the event any sum of money becomes payable by uterus of ouch Insurance the
mortgagee shall bane the right to receive and apply -the same to die indebtedness herb6y secured, accounting
to the mortgagor for any aurpltw; to pay all costs, charges, and expenses. including lawyer i fees and title
searches, reasonably-incurred or paid by the mortgagee b~•~tnuse of the failure of the mortgagor to promptly
and fully comply with the agreeirreNs, stipulations, conditions and covenants of said note and this mortgage.
or either; iv perform, comply wish and abide by each and every the agreements. stipulttttons, condiliotu and
covenants set forth in said note and- this mortgage or either. In the event the mortgagor fails to pay when
due any tax, 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
fecttng the option Io /oreclose
or any other right hereunder, and nlI such payments :haU bear Interest from date thereof at the highest law-
f ul rate then allou~ecl by the lows of the State o/ Florida. _
any sum of money herein referred to be not promptly paid within - 30- ~ days next after
the same becomes due, or if each and every the agreements, stipulations, rnndittons and cvvenants of said
note and Ibis mortgage, or either, are not fully performed, complied with and abided 6y, then the enure
sum mentioned in said Hate, .and this mortgage, or the entire balartee unpaid thenaon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in aatd'noie or herein
to the controry notwdhstanding. l=ailure_ by the mortgagee to exercise any of the rights or opttonr herein
provided shall not constitute a waiter of any rights or options under said Hole or this mortgage accrued or
thereafter accruing.
~n ~h~eof, the said mortgagor has hereunto signed and sealed these p?+esents the
day and year Just above written. - -
Sig .sealed and delivered in the presence of : -
William R. Waters
STATE OF FLORIDA. l
cou:~TV OF ST. LUCIE `
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowltdamenp, personally- appeared
WILLIAM R. WATERS
t
to me known to be the person described in and who executed the torcgoinR instrument and he acktwwkd~td
Ixtore me that rte executed the same.
WI7:'~SESS my hand and official seal in the County and State last aforesaid this . +++~+«;,,,day o[
April a. D. is 80. ~..~~''~+t. i
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n _ -
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NOTARY PUBLIC, tote Florida,~:-.-~ -
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G -t '
at Large . ~ ~ _
~6~s';,, My Commission Expiresi-i~~
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Add,ru ; ~caard L'. ire;~,12~-~: iyo. 2nd St.
t fort Pierce, ~Ea.