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and shall perform, rnmply with turd abid. by each and te+try the agreements, stipulattoris, conditions and
coaereants thereof, and of this morggtepe, then fhb mortgage and the estate hereby created, shall cease. de•
termtne and 6. null and twirl.
~fld the mortgagor Newby ju?eher covenants and agtws to pay promptly when dw the principal turd
interrsl and other sums of money provided for in said note and-fhb mo?tgags, or either; to prey all and
atngular fhe taxes. assessments, feats:, ftabifities, obligations. and sncumbr+ances of sassy naftw on raid pro-
- perly: to permit. commit or suffer no waste. impai?ment or deteriornfion of said fared or fhe Improvement
Ihprecn of nny time; to deep the buildings now w herrajter ore said land fully insured to a sum of no! less
than highest insurable value.
in a rnmpany or rnmpnnies acceptable to fhe mortgagee. the policy or policies to be held by, and payabb
to, said mortgagee, and in fhe event any stun of money becomes paynbb by virtue of :tuh Insurance fhe
mortgagee shall have the right to receive and apply the same to the tndebfedneu hereby secured, aeeoesntireg
to fhe mortgagor j~ any surplus: to pay alt cosh. charges, and expenses. including lnwyeri fre+ and tiffs
searches, reasonably tncuned or paid by the mortgagee becaeue of the falltere o/ the mortgagor to promptly
and fully rnmp(,v with the agreements. sfipulnttons. conditions and covenants of :aid note and this mortgage,
~ or either: fo pt:%..rrrl. comply with and ~t~~ by each and every fhe agreeneent. sfipufattons, eondiltons turd
covenants set forth to said note and this mortgage or either. In the event fhe mortgagor fails fo pay when
due any tax, assessment, inserrance premium or other stem of money pnyabfe by utrtue of said Hole and fhb '
mortgage, or either, fhe mortgagee may pay fhe same. without waiving or affecting fhe option to jorecltue
or any other right hereunder, and all such payments shall bear Interest from dote thereof at fhe highest law-
jttl rate then allowed by fhe Paws of fhe Stars of Florida.
~L any sum of money herein re(ened to be not promptly paid within thirty d°ya next after
the same becomes due, or ij each and every the agreements. stipulations, conditions and covenants of said
Hole and this mortgage. or either, are not jully~perjormed, complied with rend abided by, then the entire
sum mentioned fn said note, and this mortgage. or the entire balance unpaid thereon, shall forthwith or
th~ajter, at the option of the mortgagee, become rend be due and payable, anything in said note a htnein
to the contrary notwifhsfanding. Failure by the mortgagee to exercbe any of the right or options he?ain
provided shall not constitute n waiver o/ any rights or options under said note a this mortgage accrued or
lhereajter accruing. '
~n ~~u[eSS fhe said mortgagor has hereunto signed and sealed these presents fhe
day and year firer above written.
Signed, and delivered in t e presence oj:
E ARD F. REGAN
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STATE OF FWRIDA,
COUNTY OF St, Lucie
I HEREBY CERTIFY that on this day. before me, as
officer duly authorised in the State aforesaid and in the County aforesaid to qke acknowledgments, pcnonally appeared
Edward F. Regan I
to me krawn to be the person described in and who executed the foregoing instrument and Who ackrawkdRed
Ixforc me that he executed the same.
WITNESS my hand and official seal in the County and State last aforesaid thu / ~ day of
. ,A'uguSt A. D. 19 $Q
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f-4i' . ' ~ ,.3-~ 43'423 NOTARY PUBLIC ~
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