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and shall perform, comply with and abide 6y each std every the agreemenb. atipulntioris. conditions and
rnnenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall dews, de-
termine and 6s null and void.
the mortgagor Newby jwther covenants and agrees to pay promptly when dw the principal and
interest and other sums of money provided for in said note and iha mortgage, or either: to pay all and
singular the faxes. assessments, Isaias. liabilities, o6ltgations, and encumbr+ancea o/ every nature on said pro-
- party; to permit. commit or auf
jar no wwfe. impairment or deterioration of said Land or the improwmenta
fherecn at any 1tme: to Iteep the buildings now or herraf
ter on said land fully insured in a sum of not less
than ~ highest insurable value
in a rnmpany or companies acceptable to the mortgages, the policy or policies fo bs held 6y, and payable
to, said mortgagee, and in fhs event any sum o/ money becomes payable by virtue of suck insurance fhs
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor /or any aurpltu: to pay all rnsfs, charges, and expenses. including lawyer i f
eei and title
searches, rewonably incurred or paid 6y the mortgagee because of the jniltu+e of the mortgagor to promptly
and fully comply with the agreements, stipulations. conditions and eouenanfs of said note and this mortgage.
or either; to perform, comply with and abide 6y each and every the agreements. afipulationa. eondittona and
covenants set forth in. said note and this mortgage or either. In the event the mortgagor falb to pay when
due any fax, assessment, insurance premium or other sum of money payable by utrfw of said note and this
mortgage, or either, the mortgagee may pay the same, without wntuing or ajjecttng the option to foreclose
or any other right hereunder, and all such paymen4 shall bear interest from date thereof at the highest law-
juI rote then allowed by the lawn of the Sfats of Florida.
any sum of money herein referred to be not promptly paid within 30 days next after
the snme becomes due, or if each and every the agreements, stipulat[ons. conditions and covenants of snid
note and Chia mortgage, or either, are not fully performed, complied with and abided 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 said note or herein
to the confrory notu~[thstanding. Failure 6y the mortgages to exercise nny of the nights or options herein
provided shall not rnnsliftete a waiver of any rights or options under said note or this mortgage accrued or
fhereajfer accruing.
~n ~t~~ ~h~eof, the said mortgagor has herettnfo signed and sealed these presents the
day and year first shone written.
Sig a ,sealed and delfnered in the presence of
OHN D. MC ENTEE
__._~:.-._..~~u ..ate
~
STATE OF FLORIDA.
COUNTY OF St. Lucie 1
I HEREBY CERTIFY that on this day, before .me, an
officer duly authorized in the State a[orcsaid and in the County a[orcsaid to uke acknowledgments, personally appeared
JOHN D. MC ENTEE
to me known to be the person described in and who a:ecuted the [orcgoing instrument and he acknowledged
tx[orc me that he executed the same.
N'17i\TESS my hand and official seal in the County and State last aforesaid this ~U ~ day of '
• August A. D. 19 80.
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NOTARY PUBLIC
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