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and :hall perform, comply with and abide by each and eaery the ognements, stipulations, eonditbns and
conenan4.tlvreoj. and of this mortgage, then 1ha mortgage and fhs estate hereby created, shall cease, de-
termine and 1» mill and void.
n1E1! the mortgagor her+?by further covenants and agree to par promptly when dw the prinNpal and
interest and other sums of money provided for in said note and th4 mortgage. or either: to par nU and
singular the taxes, aaseasments, levtes, liabtltfiei, obligations. and enctunbranc»s of every anion on said pro-
pe?fy: to permit, commit or suffer no waste. impairr?tenf or deferioratbn of said land or the tmprowmenes
Iherecn at any time: to keep the buildings now or he?rajter on said land fully tniured to a sum of not less
than
to a company or companies acceptable to the mortgagee, the policy or policies to be held by, and parable
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 henbr secured. accounting
to the mortgagor for any surplus: to pay all costs: Charges. and expenses. including lawyer's fees and title
searches, reasonably tncurred or~paid by the mortgagee because of the jailors of the mortgagor to promptly
and fully comply with the agreements, stipulations, eondittons and covenants o/ said note and thi, mortgage.
or either; to perform. rnmply with and abide by each and every the agreements, stipulations. eondttions and
covenants set forth in said note and ihb mortgage or either. /n the event the mortgagor jails to poy when
due any tax, assessment, insurance premium or other sum of money payable by virtue. of said note and this
mortgage. or either, the mortgagee may pay the same, without waiving or affecting the option to Joredose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Inw-
jrtl rate then allowed by the laws of the State of Florida.
any sum of money herein ref
erred to be not promptly paid within - days next after
the same becomes due, or iJ 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 enttr+e balance unpaid thereon, shall f
orthwtlh or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
fo the contrary notwithstanding. Failure by the mortgages to exercise any of the rights or options herein
provided shall not conafitttte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~fkll~ ~h~eof, the said mortgagor has hereunto signed and sealed Ihese presents the
day and year first above u~ritfen.
Sid sated and delivered in a presence of : -
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STATE OF FLORIDA,
cou:vTY OF S t . Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take ackaowkdgmenu, personally appeared
Arnold Higginbotham and Doris Higginbotham, his wife
to me known to be the person S described in and who executed the (ongoinx instrument and they acknowkdeed
he(otc me that they executed the same.
~YI7'`ESS my hand and official seal in the County and State last aforesaid this ~~Y`'~v day of
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