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and shall perform, comply u/tlh and abide by Pack and every the agreements, stipulations, conditions and
covenants Ihereoj, and of this mortgage, then Ihis mortgage and the estate hereby created, shall cease, de-
fermine nerd be null and troid.
~n~ the mortgagor hereby (urlher covenants and sprees to pay promptly when due the principal and
interest and other sums of money provided for in said note and Ihis mortgoge, or either; to pny all and
singular the taxes, assessments, levies, liabilities. obligations, and encumbrancer of every nature on said pro-
perly: to permit. commff or suffer no waste, impairment or deterioration of said land or the improvements
1herPOn at any time; to keep the buildings noul or hereafter on said land jolly insured in a :um of not teen
than
in n company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, and in the event nny sum of money becomes payable 6y virtue of such iruurnnce the
mortgagee shall hove the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any sttrplw; to pay all costs, charges, and expenses, including lawyer
a fees and title
searcltPS. reasonably incurred or paid by the mortgagee becawe of the jailors of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or Dither: fo pert
orm, comply with and abide 6y each and every the agreements, atipulnttons, -condifioru and
covPnnnis see forth in said note and this mortgage or either. In the event the mortgagor fails to pny when
due any tax, assessment, insurance premium at other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without tuatving or affecting the option to foreclose '
or any other right hereunder, and all such payments shall bear interest from date !hereof a! the highest law- ~
fttl rate Ihen allowed by the laws of the State of Florida.
~L any sum of money herein re(errPd fo be not promptly paid within days next after I
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of snid
note and this mortgage, or either, are not fully performed, complied with •and ~6ided 6y, 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 6e due and payable, anything in snid note or herein
fo the contrary notwithstanding. Fnilttre by the mortgagee to exercise nny of the rights or optioru herein
provided shall oat constittlfe a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n witness ~hereofs the said mortgagor has hereunto signed and sealed these presents the
dad and year first above « Britten.
$Ign~sPalPd and dPI11~PrPd IhP pTPSPIICp Oj:
,
- Clyde Ingram
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,
STATE OF FLORIDA,
~ COUNTY OF St. luCie
~ I ElEREBY CERTIFY that on this day, Kefore me, an j
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Clyde C. Ingram ~
to m~• known to be the person described in and who executed the foregoing instrument and he acknowled4ed
~ before me that he executed the same.
' WITLESS my hand and official seal in the County and Stair last aforesaid this 4th day of
~ August, A. D. 19 80.. ' - I
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MY COMMttti~?(1h I~(PIR:;,~ ?'s_14ST~~
i ,M~ lWRtttiRS I~
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f~:EtCOYDfEi ~ 'Ly",;. -
f POiiRAS
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REGf?P8 Yt: Rolf P_._dR
%%ir l~ir~ninu-~u prrpnr~J /y: Vergie Mandel
Southeast First National Bank of Fort Pierce
.~IJJrI~.c` P.0. Box 970
Ft. Pierce, Fla. 33454 ~tlt ~1°
- Bl:ac ~ PaGE 1u05
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