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and shall perform, comply with and abide 6y•each and every fhe agreements. stipulations. conditions and
covenants thereof, and of this mortgage, then this mortgage and fhs estate hereby created, shall cease, de-
. (ermine and 6• null and void.
the mortgagor hers6y further eovenanls and ogress to pay promptly when due the principal and
interest and other sums of money provided for in antd note and this mortgage. or either; to pay all and
aingular the faxes, assesaments, levies, liabilities, obligations, and encumbrancs~s of every nature on said pro-
perty: to psrrrtit. rnmmif or suffer no waste, impairment or deterioration of said land or the improvement
fherecn of arty time; fo peep the buildings now or hereafter on said land fully insured in a sum of not lestt
than highest insurable value.
in a company or rnmpanies acceptable to fhe mortgagee, fhe policy or policies to be held 6y, and payable
fo, said mortgagee, and in fhs event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to fhe mortgagor for any surplus: fo pay all cost:, charges, and expenses, including lawyers fees and title
searches, reasonably incurred or paid 6y the mortgagee because .oj the failure of the mortgagor to promptly
and fully comply with fhe agreements, stipulations, conditions and covenants of said note and flits mortgage.
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and flit mortgage or either. In fhe event the mortgagor fait to pay when ,
due 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 fhe acme, without waiving or affecting the option to foreclose ,
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
jtrl rats`Ihen allotted by the laws of the State of Florian.
~L any sum of money herein re%rred to be no! promptly paid within ten days next after
the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants of said
not. 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
thereof ter, at the option of the mortgagee, 6ernme and 6e due and payable, anything [n said note or herein
to the contrary notu+[thstanding. 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
thereajler accruing.
~n ~het~of, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written. -
Signed, sealed and delivered in th presence oj: -
O R-. fiR A
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MILES TAGC,A
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f
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` STATE OF FLORIDA,
COUNTY OF$t° Lucie
t I HEREBY CERTIFY that on this day, before rrte, an
o[[icer duly authorized in the Statc a[orcsaid and in the County aforesaid to take acknowfedgmenu, personally appeared
John K. Taggart and J. Miles Taggartr his wife
to me known to be the person 'described in and who executed the [oregoinq instrument and wh0 acknowltdged
hetore me that he executed the same.
~YI7 i1TESS my hand and o[[icial Teal •in the County and Statc last aforesaid this day of
Aprll A. D. 19
1
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