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and shall perform, rnmply with and abide 6y sack and etrory the agreements. stipulations, eondtttons and
eorenants thereof. ar+d of thfs mortgage, then this mortgage and the estate hereby created, shall cease, d~-
termine and 6e nt+ll and ibid.
~Itd the mortgagor heroby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided Jor in said note and tha mortgage, or either; to pay all and
singular the fares, assessments, levies, liabilities, obligations, and encumbr+anees of every nature on said pro-
perty; to permit, commit or suffer no waste, impairment or deteriorotton of said land or the tmprovemenls
thpr+pcn at arty limp: to Itpep the buildings now or herpajtpr on sold land fully insured in a sum of not lass
than nil
in n company or companies acceptable fo the mortgagee, the policy or polfctes to be held 6y and payable
to, acid mortgagee, and in the event any sum of money becomes payable 6y virtue of suck insuronce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor joy any surpltu: fo pay all costa, cha?ges, and expenses, including lawyer's jeas and title
searches, reasonably inc++rrprl or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and eovenanta of said note and this mortgage,
or either; to perform, rnmply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may prey the snore, without waiving or affecting the option to foreclose
or any other right hpre+rnder, and all such payments shall bear interest from date ihereoj at the highest law-
f ul rate then allowed by the laws of fhp State of Florida.
~l any s+rm of mortpy Itprein re(emd fo be not promptly paid within thirty days next after
the same becomes dug, or iJ each and every the agreements, stipulations, conditions rend eovenanb of said
note and this mortgage, or either, are not jolly 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
thereafter, at the option of the mortgagee. become and 6p due and payable, anything to said note or herein
fo the contrary natu~ifhstanding. Failure 6y fhp mortgagee to exei+cise any of the rights or options herein
provided shall not nrnstifufe a waiver of any rights or options under said note or this mortgage accrued or
fhereajtpr accruing.
I
~n witness thereof
~ tl+e said mortgagor has Iteret+nto signed and sealed these presents the
day and year lirsf -above a+riflen.
tr ~ reed sealed an dp ~pred in the presence oj: yIE ~ HO CONSTRUCTION, INC .
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STATE OF FLORIDA,
COL`\TY OF ST. 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 acknowledgments. personally appeared
ELLEN J. GUETERL
to mc• known to Fx the person described in anti who executed the foregoing instrument and She acknowledged
Ixfore me that She executed the same.
t
N'I'1:`ESS my hand and official scat in the County and State last aforesaid this ~yy44t77 ~ . day of
May A. D. 19 80 . _ , 1~''-
NOTARY PUBLIC ~ ~ ~ - - ~ :r
, , , V ~ .
x EiY COMA9!l.SSION EXPIRES : Notary Pub$ff'~Alg cf at.large
t
y 1981
51
LUC{E GO'..'Hj
Y
F l
A-
1tOGER POITR~S
{ ~Rit CIRCUIT Cti~Ri
q.~~__
X85681 ~ ~ ~Ay ~
,~~ov~ - -
PREPARED BY:
C}Ic!_S A TITL_i_ tc GUA:'ANTY CCMPA
•
T/~u I,ul,Ynn~,tr prrpr~rr~l by: eooo S. U. S. i. PORT ST. LUCtE. Fl-OI7IDA "WHt~
INSTRUMEthT ~NAS PREPARED INCID[NTA L TO T`~.~
i ;~[lt/rr3S WRITING OF A TITLE INSURANCE POLICY^