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and shall perform, comply with and abide 6y each and every the agreements, atfpulatiorit, eondlttons and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and i~oid.
the mortgagor hereby (urfher covenants and agrees to pay promptly when due the principal and
interest and other sums of money prot?ided for fn aatd note and fhtr mortgage, or either: to pay all and
singular the fares, assessments. levies. ItabflIfies, obligaltons, and encumbrances of every nature on aafd pro-
• perly: to permit, commit or srrf
ter no waste. impairment or defertoratfon of said land or the tmprovemenb
therecn at any time: to beep the 6trildings now or hereafter on said land fully instu~etl to a seta of not less
than ni,1 -
in ncompany or companies acceptable to the mortgagee, the policy or polIciea to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by uiHue of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness .hereby secured, nceounfing
to the moHganor for any surphts: to pay all costs. charges, and expenses. including lawyer's fees and title
searches, reasonably incttr?erI or paid 6y the mortgagee because of the jailors of the mortgagor to promptly
and. f ully rnmply u?ith the agreements, stipulations, conditions and cvvenants of said note and this mortgage,
or either; !o perform, comply with and abide 6y each and every the agreements, stipulations,. conditions and
rnvenanls set forth in said Hots and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, flee mortgagee may -pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Iaw-
(ul rnfe then allowed by the laws of the Sfafe of Florida.
~l any sum of money herein re(errerl fo be no! promptly paid within thirty days next after
the same becomes dire. or if each and every the agreements, stipulations. rnndifions and rnvenanfs -of said
note and this 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 contrary noltt?tthstanding. Failure 6y the mortgagee to exercise any of the rights or options herein f_
proi~tded shall not constiltrte a u~ainer of any rights or options under said note or this .mortgage accrued or
thereafter accruing. 1u `
~n ~~f~leSS W~QIs the said mortgagor has Iterellnt0 signed and Sealed these presents the
day and year first shore written.
Signed, sealed and delivered in the presence of : -
.
g B. QUINN
_ _ .
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e
STATE OF FLORIDA,
i COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
I o[ficer duly authorized in the State a[oresaid and in the County aforesaid to take acknowledgments, personally appeared
- -
JUNE B. QUINN
to me known to be the person dexribed in and who executed the [oregoing instrument and who acknowledged
I.e[ere me that She executed the same.
~YtTtiESS my hand and o[ficia) seal in the County and~State last aforesaid this fr.~' day of
C.`b~T1-- A. D. 19 80
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N Y LIG
MY COMMISSION EXPIRES:
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