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and shall perjornt, comply with and abide by each a?t~ angry the agreemi?t1s, stipulation's, conditions and
covenants thereof, -and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and Ire null and void.
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Iin~ the mortgagor Itemby (uriher covenants and agrees to pay promptly when due the principal and ,
internst and other sums of money provided for in said note and this mortgage, or either, to pay all and
singular the tares, assessments, huies, liabilities, obligat(ons, and encumbrances of every nattu~e on said pro-
perly: to permit, commit or suf
jar no waste, impairment or deterioration of said land or the improvements
iherncn at any lime: to deep the buildings now or hereafter on said land fully insured in a sum of not less '1
than MAXIMUM INSURABLE VALUE 3
in n company or compmties acceptable fo the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, acrd in the eve?tf any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall bane the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any strrpltrs: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasortnbly incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, t
or sit{ter; to perform, comply urifh and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and Ibis mortgage or either. In the even! the mortgagor jails to pay when
due any tax, assessment, insurance premium or other strm of money payable by virtue of said Hole and this
mortgage. or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hernunder, and all such payments shall bear interest from date thereof at the highest lnw-
f ul rate then allowed 6y the laws of the State of Florida.
~f arty sum of money Itereirt referred to be not promptly paid within thirty days next after
the same becomes due; or ij each and every the agreements, sl(pulafions, conditions and covenants of said
note and this mortgage, or either, are ?tot fully performed, complied with and abided by, then the entire
sum mentioned in said mote, acrd this mortgage, or the entire 6alnnce unpaid thereon, shall forthwith or
thereafter. at the option of the mortgagee, become and 6e due and payable, anything in sa(d note or herein
to the contrary notw(ihstanding. Failure by 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 accnring.
~n witness thereof, fhce said mortgagor has hernunto signed and sealed these presents the 3
day and year first above u~riften.
Signed, seals nd deli red (n presence of
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Sh wood J nso
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- Patricia A. ohnson r
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STATE OF FLORIi1:1,
cc~t~x~rY t)F ST. LUCIE
I tIEREBY CERTIFY that on this day, before me, an
officer duh• authorirrd in the 5tatc aforesaid and in the County aforesaid to take acknowledgments, personally appeared
SHERWCOD J JOHNSON and PATRICIA A. JOHNSON,
to me known to Ix• the pcrspnS described in and who racruted the forr¢ouig instrumrnt and they acknowledged
• -
{refure me that they executed the same. )GL
~~'17 \F.SS rnv hand and official seal in the County and State last aforrsaid this • ~ day of
April , n. 1980 • - . .
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Notes-. -~Pialilic .S•tat._ . 1b"Y-fd~
I~~ APR - at Large . .
• 9 - PK ~ 53 My commission Expires ;
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t• c ED RNC I?ECuRDfe ,
5>ll.VCtE C~UtiTY FIA. \0.~~
~ a~~ CNtCYIT COURT .
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