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and shall perform, comply with and abide 6y each and every the agreements, atipulntioris, conditions and
covenants thereof, acid o~ this morfgafte, then this mortgage and the eatnts ~ hereby created, shall cease, de-
termine and be null and void.
fhe•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 1hf: mortgage, or either: to pay all and
singular the loxes, 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 tmprovemenb
lherecn of any time: fo Iteep the huildings now or hereafter on said land fully insured in a sum of not less
than its full insurable value.
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
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 hereby secured, accounting
to the mortgagor jor any sttrpltls; to pay all costs. chnrgea, and expenses, including lawyer's fees and title
searches. reasonably inctlrrerl or paid by the mortgagee because of the fnilure of the mortgagor to promptly
and fully mmAly. with the agreements, stipulations, conditions and rnvenants of said note and this mortgage.
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. ?n the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the some, without waiving or affecting the option to foreclose
or any other right herntlnder, and all such payments shall bear interest from date thereof at the highest law-
juI rate then allowed by the laws of the State of Florida.
any sl/m of mo?tey herein referred to be not promptly paid within ~i.f teen 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 perjot~?ted, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid fher+eon, shall forthwith or
therenjter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise nny of the rights or options herein
provided shall not constitt?te a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~lttleSS ~~Of, r?le said mortgagor has herel/nto signed and sealed these presents the
day and year first above written.
S/g/led. SPOIPd a??d dPl11~PI'ed Ifl the preSP?ICP Of:
............................4_~Q..1
riiest~• E~: e e
! Maxine E. Settle
4
i
STATE OF FLORIDA,
cwt'\TY c~F ST , LtJCIE
E I HEREBl' CERTIFY that on this day, before me, an
f
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
~ ERNEST E. SETTLE and MAXINE E. SETTLE,-his Wife, ~
I to me known to be the person g described in and who executed the foregoing instrument and they acknowledged ,
he(orr me that they executed the same.
~ N'I"1'NESS my hand and official seal in the County and State last aforesaid this 4th da of
Y
March A. D. 19 80.
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Notary Public, St~pR.;.0~:_~
19P0 22 PH 3~ 44 at Large. • ;~:,t,~ ,,~s.
s ; . ; a.
t~rt.~o ~r+c ~r:c~?-1.? f, My commission a des
Si.LUClt: CCUNf Y.Ft ~I. ~ ..~,v
ELEf,GER POITR~S 12 ~ 17 ~ 82 ~~''~Z~. ~ .`'~'~r'`Z* • : ! _
K CtEtt;UIT C a
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~ T/ns Itulrnm~~N prfpnrri1 hy:
,i?/,/>z:u Edgar A. Brown, Esq. 8O{K~~ PA6f~~ ~
I P. 0. Box 4382
Fort Pierce, FL 33450 ~