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and shall perjorm, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants thereof, and o/ this morlgape, then this mortgage and the estate hereby created, shall cease, d~-
iermine and be null and void.
?he mortgagor hentby further covenants and agrees fo pay promptly when due the principal and
interest and of{ter sums of money provided for to said note and tht mortgage, or either; to pay all and
singular the lases, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty: to permit, commit or suffer no waste, impairment or deterioration of said Land or the improvement
Iherecn of arty time: to keep the buildings now or hers(ter on said land fully insured to a sum of not less
than or highest insurable value:
in n company or companies acceptable to the mortgagee. the policy or policies to be held d payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such inawnnce tits
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, recounting
to the mortgagor for any strrpltts: to pay all costs, charges, and expenses, including lawyer's jeer and stile
searches, reaso?ta61y incurred or paid by the mortgagee bemuse of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or Pilher: to perjorm, comply wills and abide by each and every the agreements, stipulations, conditions and
covenants set forth In said note and this mortgage or either. In the event the mortgagor jnils fo pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, site mortgagee may pay Ilse snore, without waiving or affecting the option to foreclose
or any other right hereunder, and oil such pnyments.shnll bear interest from date thereof at the highest lau?-
f trl m!e then allowed by the laws of the Staff of Florida.
~L any sum of money herein referred to be not promptly paid wit{tin 3U days next of ter
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 fully performed, complied wish and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
Ihereajter, of fhP option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notu~ifhstanding. Failure by the mortgagee fo ezerrise. any of the rights or optioru herein
provided shall not conslilrrfe a waiver o/ any rights or options under said note or this mortgage accrued or
thPrea f ter accruing.
~n ~~tneSS ~heeeof, the said mortgagor has hereunto signed and sealed these presents the
~ day and year first above unilfen. .
~ Si ed. sealed an deli ed i the pre Pr[cP of
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~ STATE OF FLORIDA, ~ '
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j COU~tTY OF ST. LUCIE ;
~ I HEREBY CERTIFY that on this day, before me, an
officrr dul~• authorized in the State aforesaid and in the County aforesaid to take acknowtedRmenu, personally appeared
i
RAYMO*IT) L . ANI:IEL
to me known to he the person described in and who executed the ioregoinq instrument and ht' acknowkdRed
{xfore ire that ht'_ executed the same.
~CI'1~\ESS my hand and official seal in thr County and State last aforesaid this 5th. day of
May a. D. t 9 80 ,
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Notary~c
~Qp ;:.;Y -7 Ph ~2~ I G
rlLElJ et.l. t~t.l.ilitf[ 3 MY CONIIYiISSION EXPIRES : ~
SLIU~'E CnJN1Y.f 1 A.
ROGER POITRI.S
CLERK CiRCU1~ `s~?~` `
~ ~ ~ ~ . - '1 ~ ~sry 1rfMle 11tsR~ d f~iottds at Large
A L2t"~fj2 I E,~ , • ,~5~~. ~ ~tt{taisftOtt E~tras'itxte td.1981 !
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