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and shall pP?jorm, comply with and abide 6y each and every the agreements, attpulalioni, conditions and
covenants thereof, artd of this mortgage, then this mortgage and the estate hereby created, shall cease, de- ~
(Pfmine and be null and twirl. j
Ii~ f/tP mortgagor 1?emby jwther eovPrsnnis and agrees to pay promptly when due the principal and
interest and other sums of mo?tey provided for in said note and thi, mortgage, or either; fo pay all and
singular the taxes, assessments, levies, IiQbfIltlPS, obligations, and enctrm6ronces of every nattue on said pro•
pe?ty; to permit, commit or stiffer no waste, impairme?tt or deleriorntton of said land or the improvements
lhPrrt>n of any IimP; to beep fhP buildings nou? or hereafter on said land (ally insttred in a sum of not less
than highest insurable value .
in a company or companies accPpfable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgayPP, and in fhP event any sum of money becomes payable by virtue of such tnswance the f
mortgagee shall have the right fo rPCeiuP and apply the same to the tnde6tedness hereby secured, accounting
to !hP mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee because o) the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or eiflter; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth fn said note and this mortgage or either. In the event the mortgagor (ails fo pay when ;
due any tax, assessment. insurance premium or other sum of money payable by virtue of said Hole and this {
mortgage, or Pitlter, the mortgagee may pay IhP same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
(rtI rnfe titers allotued by fhP laws of the SfatP of Florida.
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~l any strm of mo?tPy herein rP(Prred to 6e not promptly paid within thirty days next njter
the same lrecomeS due, or if each and every the agreements, stipulations. conditions and covenants of said
not. and this mortgage, or Pitlter, 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 -
thereajter, at the option of the mortgagee, 6ecomP and be due and payable, anything in said note or herein
to the contrary nofu~ithstanding. /'allure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~ttnesS ~heCeof, 1hP said mortgagor has hPretrnfo signed and sealed these presents the
day a?ed year first above tvritfen.
Signed. sled and dPliverP in the presence of
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p CLAUDINE R. SIMON ~
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j ~ STATE OF FLORIDA, ~ x
i COI; \TY OF
II 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 take acknowledgments, personally appeared
~ Claudine R. Simon, a single adult
$ to me known to br the person described in and who executed the foregoing instrument and W110 acknowledged I
ixfore me that She executed the same.
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1'17'\ESS my hand and official xal in the County and State last aforesaid this ~J~~ day o[
~ A. D. 19 80
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