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acid shall perform, comply u~ilh and abide by each and every the agreements, stipulations, conditto?u and
covenants therewf, and of this martgattp. then Chia mortgage and the estate hereby created, ahall cease, de-
Iprmine and Gp null and void.
>ti~ the mortgagor hereby f
tufher rnvenanls and agrees to pay promptly when due the principal and
irrteresl acid other sums of money provided for to said note and this mortgage, or effher; to pay all and
singular the tarps, assessments, leutpa, Iiabilitfes, obligations. and encumbrances of every nature on said pro-
perty: to perntif. commit or suf
fPr no waste. impairment or deterioration of said land or the improvements
lherecn of ar?y timr; fo lrPPp the buildings now or hereafter on said land fully insured in a sum of not less
than highest 3naurable value.
in a company or companies acceptable fo fhp mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payabh? by virtue of such insurance the
mortgagee Shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
to Ihp mortgagor for any surplus; fo pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonably incurred or paid by the mortgagee bemuse of the failure of the mortgagor fo promptly
and fully comply with the agreemerrfs, stipulations, conditions and rnvenants of said note and this mortgage.
or either; fo perform, comply with and abide by each and every the agreements, slipulaliona, rnndifions• and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any fat^, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or piflrer, the mortgagee may pay the same, without waiving or of
ferting the option fo foreclose
or any other riryht hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul mte then allowed by the laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within THZR'i'y days next after '
the same bPfDmPS dtfP, 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 by, then the entire
sum menfionerl in said note. acid this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. of the option of Ilte mortgagee, become and be due and payable, anything in said note or herein
to the contrary nohi~ilhslanding. Failure by the mortgagee to exercise any of the rights or options herein
providedl shall not e-nnstifutP a wailer of mry rights or options llndPr sold nOIP or this mortgage accrued or
Iherea f tc~r accnring.
~n ~itneSS ~heCeof, tlrP Sa/(l morlryagor haS Ite?eunto SIgRPd and sealed These presents the
clav and year lirsf alrace u~riN~~n.
red sealed rut d irerecl in tlrP pmsrnce of
it ss ~o n F. Lynch
_ _
itness_ Sara~t R. L ch
yn ,
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STATE OF FLORIDA, )
COl'1TY OF S~
I HEREBY CERTIFY that on this day, before me, an
otticrr duh• authorized in the Stair aforesaid and in the County aforesaid to take ackrwwledgmenu, personally appeared
John F. Lynch ~ Sarah R. Lynch, his wife
to mr known to br the prrson S described in and who executed thr forrgoinq instrument and who ackrrowledRed
Ixfor~• mr that they rxecuted the same.
K'CI HESS my hand and official seal in the County and State last aforesaid this (l,jt~ day of
~ ~ A. D. 1980. _ ,...nom: -
.
;
•
...,.f_
NOTARY PUBLIC < . ~1L ; r,
- 1980 APR 18 P!~ ~ 46 - _ ~:r~'
MY COMMIS ION
FItEO RfiC Ff Ctltliii t) ~I~~-~ '
SLLt~CtE COUNTY.FLA. .1 ~
ROGER I'OtTRAS Notary Pu:~!ic, Stato fs'' ~ `
CLERK CIRCINT COl1RT ~ IVIy Cornmi~:,o;t ~x,~i-cs"tic °Q :f
F£tCaEt vFt t~l?0_.. ~ - 'r'•,,,ii+}
~i•,
' 4 t~3562
~lll1 Il/1/IllAlllli p/If7cll?i' hy: PREPARED BY: ~N pF fRSaN
'1 CHELSEA TITLE & GUARANTY COMPANY ~
t ,~c!'i~t' 8000 S. U. S. 1, PORT ST. LUCIE, FLORIDA "Wta"-
i1 PACtE~~ INSTRUMENT Y,IAS PREPARED INCIDENTAL TO Tti.:
~ c.,,oww. i^r of /11 ~P'VM