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and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and
eoaenants thereof, and of this mortgnge, then this mortgage and the estate hereby created, shall cease, de- ~
termine and be null and void.
liin~ the mortgagor hereby (wfher covenants and ogress to pay promptly when due the principal and
interest and other sums of money provided jor to said note and this mortgage, 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 suf
jer no waste, Impairment or deterioration of said land or the improvements
thereon at any time; to keep the buildings now or hereafter on said land jolly insttrnd in a sum of not less
than the principal amount due under this mortgage,
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said -mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the Indebtedness hereby secured, accounting
to the mortgagor jor any surplw: to pay all costs, charges, and expenses, including lawyer's fees and title
senrches, reasonably incurred or paid by the mortgages because of the jailors of the mortgagor fo promptly
and jolly comply with the agreements, stipulations, eondittoru and covenants of said note and this mortgage.
or either; to perform, comply with and abide 6y ench and every the agreements, stipulations, conditions and
conennnfs set forth in sold note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment. inswanee premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the snore, without waiving or affecting the option to foreclose
or any other right hereunder, and nil such payments shall bear interest from date !hereof at the highest law-
ful rate then allowed by the laws of the State of Florida.
any sum of money herein referred to be not promptly paid within thirty days next after
the same becomes due, o? 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 in said note, and this mortgage, or the entire balance unpaid thereon. shall forthwith or
fhereajter, nt the option of the mortgagoe, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failwe 6y the mortgages to exercise any of the rights or options herein
provided- shall not coitstihrte a tuniver of any rights or options under said note or this mortgnge accrued or
thereafter accruing.
~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed and del' Bernd in tl~e presence o : ~ -
. f
1~a~~~': ~ -
- M
Lee E. uschott
athleen M. Mu chott
i
f - - • - -
f
6
STATE OF FLORIDA, 1 - - -
CoU.vTY c~F ST. LUCIE 4
I HEREBY CERTIFY that on this day, before me. an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally •appeared
e LEE E. MUSCHOTT and KATHLEEN M. MUSCHOTT, his wife,
to me known to be the person S described in and who executed the foregoing instrument and they acknowkdgcd
before me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this ~ f~ day of
" ` t : v t F on
j ~ ~ ~ ~ ~ _ - ~ ~ifb ary
Public...- State --of~ 1--- - da
= f3S0 !1P' 22 A~! 3' 04 at Large
f ~ ~r ;
. - ~ i C r<<<o anc ~c cisrz..lc My commission expires :
ST.LUCIE CDUNTY.f-L.~.
~ ROCsER POITRAS
CLERK CIRCUIT COURRRTTT
433839
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