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and shall perform, comply with and abide by each and every the agroemenls. aflpulafioni, conditions and
covenants thereof. and of this mortgnpe, then this mortgage and the esfnte hereby croated, ahnll ce~we, de-
termine and 6e null rend void.
~1111~ the mortgagor hervby f ttrlher covenants and agrees to pay promptly when dw fhs principal and
Interest and other sums of money provided for to said note and fhb mortgage, or either; fo pay all and
singular the taxes, assessments, levies, liabilities. obligntions, and srtct?mbrartees of every nature on said pro-
perty: to permit, rnmmit or suffer no wale, impairment or deferiorofion of said Land or the improvements
lherecn at any time; fo leeep.lhe buildings now or hereafter on •aid land fully insured to a sum of not lPSs
than MAXIMUM INSURABLE VALUE
In a rnmpany or companies acceptable to the mortgagee. the policy or policies to be held 6y, and pnya6le
fo, said mortgagee, and in the event any sum of money bernmes payable by virtue of such instu~a?tce the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor for any sttrpltts: to pay all costs, charges, and expenses, including lawyeri fees rend title
_ searches, reasonably incurred or paid 6y the mortgagee because 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 either; to perform, comply with and abide by each and every the agreements, stipulations, conditionu and
covenants set forth in said note and this mortgage or either. !n the event the mortgagor (ails to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and Chia
mortgage. or either, the mortgagee may pay the anme, without wniving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law-
- fuI mfe then allowed by the laws of the State of Florida.
any sum of money herein referred fo be not promptly paid within 3o days next after
the same becomes due, o? if each and every the agreements, sfipuhztions. conditions and covenants of said
note -and this mortgage, or either, nre not fully performed, rnmplied with and nbtded by, then the entire
sum mentioned in said note, and this mortgage, or the entire bnlarece unpaid thereon, shall forthwith or
thereat ter, of the option of the mortgagee, become 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 options herein
Prot+ided shall not constitute a waiver of any rights or options under said note or ibis mortgage accrued or -
thereafter accruing. L~,,~ ` '
~n ~~NIeSS ~h~eof, the said mortgagor has hereunto signed rend sealed these presents the
day and year first above u~riffen.
Signed. sea and de red in - presence of
_ ~ Michael O. Van Ormer
.R.....
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Linda M. Van~Ormer
STATE OF FLORIDA,
COU\'"i'Y 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 ukr acknawfedgments, personally appeared
MICHAEL O. VAN ORMER and LINDA M. VAN ORMER, his wife,
to me known to br the prrsonS described in and who executed the forcgoinR instrument and they acknowkd~ed
be(ory me that . they rxecuted the same.
N'17;\ESS my hand and official seal in thr County and Stair last aforesaid this ~7 ;ShY;~-.#~..
June, A. D. 19 80. _'.'l~r ~
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t ~7 Notar Public State '`F'~~'?~ ~r;.
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at Large.
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il.eo >:hc ~E~uk~: ~ My Commission Expires : ~
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