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and shall per(ornt, comply with and abide 6y each and etrery the .agreements, sllpulatiotis, condtfiona and
catrenanls thereof, and of this morfgafle, then this mortgage Qnd the estate hereby created, shall cease, de-
termine and bw null and twirl.
III the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided (or to said note and this mortgnge, or either; to pay all and
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty: fo permit, commit or st?((er no urasfe, impairment or deterioration of said land or the improvements
therrcn at arty lime: to keep the buildings now or he?eajfer on said land fully insured to a sum of not lee:
than N/A
in a company or companies atreplable to the mortgagee, the policy or policies to be held by, and payable
fo, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such lnstunnce the
mortgagee shall have the right to ?ecP1Ue and apply the same to the indebtedness hereby secured, accounting
fo 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 (allure of the mortgagor fo promptly
and (ally comply with the agreements, stipulations, condttfons and covenants of said note and Ihia mortgnge.
or either; fu perform, comply•with and abide 6y each and every the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor (sib to pay when
due any fax, assessment, insurance premit?m or other sum of money payable 6y virtue of said note and this
mortgage, or eillter, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or arty other right hereunder, and all such payments shall bear ~tnterest from date thereof nt the highest lnw-
(t?l rote then allottretl by the IaU+S of the Stale of Florida.
1L any sum of money herein referred fo be not promptly paid within . 30 days next. after
the same 6et•omes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either. are not fully performed, complied with and abided 6y, then the entire
sum mentioned fn said note, and this mortgage, .or the entire balance unpaid thereon, shall /orthwith or
therea(fer, at the option of the mortgagee. become and 6e dt.e and payable, anything in said note or herein
. to the rnntrary noturithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not consfift?te a uraitrer o/ any rights or options under said note or this mortgnge accrued or
thereafter accruing. -
~n ~lbt¢SS thereof, the said mortgagor has hernunlo signed and sealed these presents the
. day and year first above urriften.
Sig ,sealed and delivered in the prnsence o(:
DONALD JACO N
~.'nt ~~~t.~- -
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STATE OF FLORIDA
COUITY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duh• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
DONALD JACOBSON
to me known to be the person described in and who executed the foregoing instrument and he acknowledged
1=eforc me that he executed the same.
N'I7:\ESS my hand and official seal in the County and State last aforesaid this l ittl day of
April D. f9 80.
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