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sttd shall perform, comply with aru! abide by each and every the og?ee+nents, stipulations, conditions and
covenants thertoj, and of this mortgage. then this mortgage and the estate hereby crated. shall cease. dt- t
termine and be null and void.
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the mortgagor hereby f
urthe. rnvenanls and agrees to pay promptly when due the prinNpal and T
interest and other sums of money provided jo in said note and this mortgage, or Nfher: to pay all artd
singular, the faxes, assessments, levies, ltabilitt 6ligationa, and enctunbrartcei of every natlw on said pro-
perty: to permit. commit or suf
jer no waste, i eat w deteriorofion of said land or the itttprowments
thereon at any lime: to leeep the buildings now hereof
ter on said land fully insured in a nun of not less
than HIGHEST INSURABLE VALUE.
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and paynbb
fo, said rrtortgngee, and in the event any stun of money becomes payable by virtue of such insurance the }
mortgagee shall boos the right to receive and apply the same to the inde6tedneu hereby sscurrd, aecotrrtting
to the mortgagor jar any surplus: to pry all eosfs, charges, and expenses, including lawyer's Jees and titb
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and Jolly rnmply with the agreements, aftpulaftons, conditions and covenants of snid note and ibis mortgage,
or either; to perform, comply with and abide 6y each artd every the agreements, stipulations, eortditions and
rnvenanfs set forth in said note and this mortgage or either. In the event the mortgagor faib !o pay when
due any tax. assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same. without tvaiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date IhereoJ at the highest law-
f
ul rate Ihen allowed by the laws of the State of Florida.
~l any sum of money herein re(e?red to be not promptly paid within - 30 - days next njtet
the same becomes due, or if each and every the agreements. stipulations. conditions and Irovenanb of said
note and this mortgage, or either, are not fully performed. (complied with and abided by, then the entire
stun mentioned in said note, and this mortgage, or the entire balance tsnpnid thereon, shall forthwith a
thereafter, at the option of the mortgagee, become and 6e duo and payable, anything in snid twle or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any o/ the rights or optioru herein
provided shall not constitute a waiver of any rights or options under snid note or this mortgage accrued or
thereof fer accruing.
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~11 lrlltSS ~Ofs the said mortgagor has hereunto signed and sealed these presents the
day and year first above wriNen.
Signed. sealed and delivered in the presence oj_
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L S.
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L.S.
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~ STATE OF FLORIDA, -
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COUNTY OF MARTIN
I HEREBY CERTIFY that oa this day. before ase• as
officer duly authorized in the State aforeuid and in the County aforesaid to take acknowkd6ments, personally appeared
WALT HARRIS. also known as WALTER HARRIS
to me known to be the person dtscribed in and who executed the forcgoiryl instrument and haS acknowkdsed
before me that he czecuted the same.
WITNESS my hand and official seal in the County and State last aforesaid thu 22nd day of
September A. D. 1980• 1
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~2'~~ Nom u c
~ r;~t~ - My ission expires: /30/84
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i ~ i c~,P~' (SEAL)
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- TNIS INSTRUMENT PREPA REO BY
JUDITH B. ROWELL. A55T. V.P.
1'11F:I tiKA TITI.Ii.\ GI'ANA~TY ('O.
Thu Inwruncnr prprrrd by: P O sole 1132. STUART. FL 3319•
AS A NECESSARY INCIDENT TO THE
~ fULFILLMENl OF CONDITIONS CON
^ddnSf iAINED IN A TITIE INSURANCE 800~~0 I
Fg* COMMITMENT ISSUEO BY IT. ~
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