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and shall perform, rnmply with and abide 6y each and every the agreements, stipulations, conditions and
oot,ynants thereof, and o/ this mortgage, then this mfxtgage•and the estate hereby created, shall cease, de-
termine and 6e null and void.
end the mortgagor henfby further covenants and agrees to pay promptly when due the principal and
interpsl and other sums o) money provided for in said note and this mortgage, or either: to pay all and
singular the faxes, assessments, levies, liabilities, obligations. and encumbronces of every nature on said pro-
perty; to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
thereon at any time: to keep the buildings now or hereafter onsaid land fully insured in a sum o/ not less
than X30,000.00 in Pire and windstorm insurance
in a company- or companies acceptable to the mortgagee, the policy or policies to 6. held 6y, and payable
to, said mortgagee, and in the event any. sum of money becomes payable 6y virtue of such insurance the
mortgagee shall !rave the .tght to receive and apply the same to the indebtedness hereby secured, nceotsnting
to the mortgagor for any surplus: fo pay all costs, charges, and expense:, Including Iawyeri fees and title
searches, reasonably increrretl or paid by the mortgagee because of the failure of the mortgagor to promptly
and f icily comply with the agreements, stipulations, conditions and covenants o/ said note and this mortgage.
or pifher; to perform, comply with and abide 6y each and every the agreements, stipulations, rnnditions~ and
covenants set forth in said note and this mortgage or either, In the event the mortgagor fails to pay 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 tuafving 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-
f ul rate then allowed by the laws of the State of Florida. .
~l any sum of money herein referred to be not promptly paid within 20 day: next offer
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fatly performed, complied with -and abided 6y, then the entire
sum mentioned in said note, and this mor[gage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Fai[urp'by ehe mortgagee to exercise any of the rights or options herein
provided shall etot constitute a u+ait+er o) any riphts or options under said note or this mortgage accrued or
thereafter accnring.
~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the
- clay and year first above u+riftpn_
Si ned, spa nd delivered 'n the presence of : ~ t
~ - - - -
c --t--.. - - -
STATE OF FLORIDA, ~ -
COUNTY OF St .Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the Stair aforesaid and~in the County aforesaid to take acknowledgments, personally appeared
Lewis Rice II and _I~,L'uerli~ Rice, his wife,
to me known to lx the person $ described in and who executed the foregoing instrument and th¢~r~ aet`rwur .
- the `,``~t~,NUltlifitq. ~ . _
before me that y executed the same. ` , ~ -~~4 i~
~VITtiF.SS m • hand and official seal in the (:cunt and State last aforesaid this t`~R r
April 80 . e: , e-ey `U
' J • fJ ~ ~ 1E
. _ ~ :a
~S ~ 02 _
s~~yc f~er_e
1980 APR 23 1Ui ~ 34 j _ a
i S~L~IE Cpp{~~{~~it~rr~/it
fE ~ M t~r~ ~ ~
I R06ER POtTRA~ ~OMrs ~M• !'f.1Nt
ilEJ1K CiRCtl1T CO T
R@ii~.! ~'EAIf iEt)
!lrrs /irslmrnt Sri err pare lfy: F . A .Harris ,
410 Orange Avenue,
~'~'%u Ft .Pierce, Fla,
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