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and shall perjotm, comply with and abide by .ach and every the agreements, stipulateoris, conditions and
covenants thereof, and of !his mortgage, then this mortgage and the estate hereby created, :hall cease, de-
teimine and be null and void.
!ht? mortgagor hereby jwlher covenants and agrees fo pay promptly when dw the principal and
interns! and other soma of money provided for in said note and this mortgage, w either; to pay all and
singular the taxes, assessments, levees, ItabtlJlees, oblegntio?u, and encumbr+ttrtcei of every naturo on aaid pro-
psrfy; to permit, commit or suf
jer no waafe, impairment or dete?toroleon of aaid land or the improvement
therren at any time; to Deep the bueldings now or hereafter on said land jolly lnsttr+ed to n sum of not leu.
Than full insurable value .
in a company or companies acceptable to the mortgagee, the policy or policies to lie held 6y, and payable
to, saed mortgagee, and in the euenf any stun of money becomes payable 6y virtue bj suck insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surplus: to pay all rnsts, charges, and expe?ues, including lawyer i fees and tetb
searches, reaso?tably incttr?ecl or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with fire agreements, stipulations, conditions and covenants of aaid note and this ryto?tgage,
or either: to perform, comply with and abede by each and every the agreement, stepulatioru, aondittona and
rnvenants set forth in said note and this mortgage or eether. In the even! the mortgagor jails to pay when
due any fax, assessment, insurance premium or outer sum of money payable 6y virtue of said note and the
mortgage, or either, the mortgagee may pay the same, wilhou! waiving or affecting the option to foreclose
a any other right ~lterettnder, and all such payments shall bear interest from date thereof 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 30 days next after
the same becomes dtte, or iJ each and every the agreements, stipulations, conditions and rnvenanfs of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
aum mentioned in said note, and. this mortgage, or th a entire balance unpaid thereon, shall forthwith or
thereafter; at the option of the mortgagee, 6ernme and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or opteoro herein
provided shall no! constitute a u+nit?er of any reghls or options under said Hole or this mortgage accrued or
thereafter accvtting. `
~n ~~uleSS ~het~of, the said mortgagor has hereunto signed and sealed these presents the
day and year first ahot+e u+ritten.
~ Signed, sealed an delivered in the r enc of••
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Kim L rca '
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STATE OF FLORIDA,
COL'\TY OF St . Lucie
I HEREBY CERTIFY that on this day, before rne, an
~ officer duly authorized in the State aforesaid and in``iithe County aforesaid to take acknowledgmenu, prrsonally appeared
GEORGE J. LaBARCA and KID/-i;aBARCA, his wife
~ to me known to be the person S described in and who executed the forcgoinq instrument and they acknowledged
t
before me that they executed the same.
N'17;tiESS my hand and official seal in the County and Statc last aforesaid this °Z3~, day of
April D. 19 80.
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Nota y P bl c t to of Florida
- : < - 1980 APR 24 r u i S a
• 1lR 9' 4 5 at Large
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_ RGGER POITRA~
6LERISCIRCWTCO T N01ARY Pv3LIC SF.~7E OF FLORIDA AT LARGE
Ei ti '1.
484239
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f~ O' LAUGHLir & O' LAUGHLIN
207 So. 2nd St. - P.O. Box 3405
Fort Pierce, FL 33450 j