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and shall perform, rnmply with and abide by each and every the agreements, stipulations. conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and void.
~Ild the mortgagor hen+by further rnvenanls and agrees to pay promptly when dw the principal and
interest and other sums of money provided for in said Hole and this mortgage, or either; to pay nil and
singular the taxes, assessments, leuie~, liabilities, obligations. and encumbrances of every nattw on said pro-
perly: to permit, commit or suffer no waste, impairment or delertorofion of said land or the improvements
thereon at any time; to deep .the-buildings now or heteaf
ter on said land fully insured in a sum of not less
than THIRTY 3IR THOUSAND AND 1lIR8S DOLLARS ----No/100-------------------------
tn a rnmpnny or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said morfgagee,~ and in the event any sum of money becomes payable by utrtw of surh t?uuranco the
mortgagee shall have the right So receive and apply the same to the Indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay all costs. chdrges, and expenses, including lawyer i fees and tttb
searches, reasonably incurred or paid 6y the mortgagee because of the failure of fhs mortgagor to promptly
and (ally comply with the agreements, stipulations. conditions and eovenanb of said note and ihU mortgage,
or either: to perform, rnmply with wad abide 6y each and every the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fsib to pay when
due any tax, assesamenf, insurance premium or other sum of money payable by virtue of said note and this
mortgagor, or either, the mortgagee may pay the same, without tuaiving 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-
f ul rate then allowed by the Iowa of the State of Florida. ,
~l any sum of money herein re(emed fo be not promptly paid within days next after
the same hecomes due, or ij each and every the agreements, stipulations. condifioru and covenants of said
note 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 bnbutee unpaid thereon, shall (o~thwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
fo the contrary notwithstanding. Failure 6y the mortgagee fo exertcise any of the rights or options herein
provided shall not constitute a u~aiuer of any rights or options under said note or this mortgage accrued or
fhereoffer accusing. '
1n ~V~lll~ ~IIfC~~`s the said mortgagor has hereunto signed and sealed these presents the
day and year first shove written.
/~ed. sealed and deliy~ered in the presence of : / ,
Marshall Ed. Dunfo
Ord
i
• ~ J
~ ~
STATE OF FLORIDA. 2
COUNTY OF :St. Lucie S ~
I HEREBY CERTIFY that on this day, before sae. an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Marshall Ed. Danford and Betty Jean Danford, his wife
to me known to br the pcrson8 described in and who executed the foregoing instrument and they acknowledged
before me that they eXecuted the same.
W[T\ESS my hand and~oafficial seal in the County and Stair last aforesaid this ~ _
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~ 4,~~9564 nO1~utY rtAUC ifgtf Uf ~,.;••o _~+.Y
R . L iNr CoMwti~sttaro txPTRES ~w?y . ~ilri'l . .
~ W~ S~( _8 TfifZU GfNfTtAI i?dS `,~,;4~
s • FILED AHf FfCCADiD \
SiLUCIECO,~y iY.flA. ~
RQGER i'OITRlsS
CLERK CIRCUIT CC~R F
Rt:r-GR^ vERJftr^_ _ ~
r
%is htslrrmcu~ pap„r-J /y: Jackie TalaTnine ,
,~,/,/n~outheast First National Bank of Ft. Pierce 8~ 'P~ s~e7~h
P,0. Box 970, Ft.Pierce, Fla. 33454 ~j ~
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