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and shall perform, comply with and abide by each and et?ery the agreements.. atipulntioni, conditions and
rnvenanls thereof, and of tht mortgage, then thin mortgage and the estate herby coated, shall cease, de-
termine and be null and void. -
Illllfl f{te mortgagor ltewby f
urtlter eouennnts and agrees to pay promptly when due the principal and
interest and other sums of money provided jor.in said note and this. mortgage, or either; to pay all and
singular the taxes, assessments, leutes, ltabilitiea, obligations, and encumbrances of every nature on said pro-
perty: to permit, rnmmit or atsf
ter no waste. impairment or deterioration of .aid land or the improvement
fher+ecn at any time; to Ieeep the buildings now or hereafter on said land fully insured in a stun of not feu
fhnn highest insurable value.
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, acid mortgagee, and in the event any sum of money becomes payable by virtue bf such trutunnce the
mortgagee shall haue the right to receive and apply the same to the tndebtedne>,s hereby secured, neeounttng
fo the mortgagor for any surplus: to pay all costs, charges. and expenses, including lawyer's fees and tilt
searches, reasonably incttrrrd or paid by the mortgagee because of the failure of the mortgagor fo 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 ngreemenfa, atipulnfions, conditions and
rnnenanfs set forth in sold note and this mortgage or either. In the event the mortgagor fails to pay when
due any fax, assessment, insurance premium or outer sum of money payable by virtue of said Hole and tht
- ritortgage, or either, the mortgagee may pay the same, without waiving or of
feeling the option to foreclose
or any other right hereunder, and all such payments shall bear Interest from dote thereof of the highest Inw-
fttl rate `then allowed by the Laws of the State of Florida.
• ~l nny sum o/ money herein referred fo be not promptly paid within thirty days next after .
the same becomes due, or if .each and every the agreements, stipulaltons, conditions and covenants of said .
Hots and this mortgage, or either, are not fully performed, complied with and. abided by, 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 be due and payable, nnythtng in said note or herein
to the contrary notwtfhstnnding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constifttte a waiver of any rights or options under said note or fht mortgage accrued or
thereof
ter accruing.
Dn ~~uleSS ~itereof, the said mortgagor has herrunto signed and sealed these presents the
day and year first above u?ritfen.
Sign ,sealed and delivered in the presence of
3 ~l c
AM ~E. COLLISbN~•-•~••~~~-~~~~~
•
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MELT :~:~s~o~'°
i
f
STATE OF FLORIDA,
COUNTY. OF
x St . Lucie I HEREBY CERTIFY that on this day. before me, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
William E. Collison and Melicent J. Collison, his wife
to me known to be the person Sdesen-bed in and who uecuted the (oregoinR instrument and Wt10 acknowledged
before me that th'ey> executed the soma
WITNESS my hand and official seal in the County and State last aforesaid this V ~ . • day ot.
July A. D. 19 g0 _ -
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r NOTARY PUBLIC -
l9~,0.1L1L 22 PIS 2' 4fi rtctary Pub~lc. SSdiC ri fl;,;i::2 'i ~?.ilf;
My Commission pees Jan. 17.1983 _ ~ • '
l IlEO ANC Ft COei '(s • Bonded By Etna I(~ _ - '
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CLERK CIRCUIT T . , , ' ,t ~ . ~ ?
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