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and shall pert
orm, rnmply with and abide 6y each and every the agreement, stipulationi, conditions and ~
rnvenants thereof, and of Ihis mortgage, then Phis mortgage and the estate hereby created, shall cease, de-
IP?mirtP and be nail and twirl. ~
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I><INi fhP mortgagor hen+by /urther covenants and agrees to pay promptly when due the pNnctpal and ~
interest and outer sacra o/ money provided /or in said note and this mortgage. or either; to poy all and
singular the faxes, assessmP?tls, levies. liabilities, obligations, and encttmbronces o/ every nature on said pro-
perly: fo permit. commit or sit//Pr rto u~asfP, impairment or deterioration o/ said land or the improvements
tltPnrrt al a?ty limp: to RPPp IhP buildings nou? or hPrrwf lPr ort said land fully insttrerl in a sum o/ not less
than -full insurable value.
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in ilia et~Prtl any sum of money becomes payable by virtue o! such insurance the
mortgagee shall have the right fo receive and apply the snore to the indebtedness hereby sectued, accounting
to fhP mortgagor for any sttrpltts; to pay all rnsls, cha?ges, and expenses, Including lawyer's fees and title
searches, reasonably incurred or paid by fhP mortgagee because o/ the (ailtuY o/ the mortgagor to promptly
and Dully comply with the agreemPrtls, stipulations, rnndffions and covenants of said note and this mortgage. ~
or either: fo dPrJo?m, comply with and abide 6y each and every IhP agreements, stipulations, conditions and
covenants set forth in said note and this moAgage or either. In the event the mortgagor /ails to pay when
due any tax, assessment, insurance premium. or other sum of m~nny payable by vfrlue o! said Hole and this
mortgage, or eiflter. the morfgagPP 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 law-
Jul rate then allowed by the laws of the State of Florida.
t
~l arty sum of money herein referred to be not promptly paid within fiftg~sl days next a/far '
the same becomes due, or if each and Peery the agreements, stipulations, conditions and covenants o/ said
note and this mortga{tP. or Pilher, are not fully perfot~rted, complied with and abided 6y, then the entire ~
sum mentioned in said note, and this mortgage, or the entire 6ahance unpaid thereon, shall forthwith or '
thereafter, of fhP option o/ the mortgagee, become and 6e due and payable, anything in said note or herein 3
to IhP contrary noltvifhsfanding. Failure by the mortgagee fo exercise any o/ the tights or options herein
provided shall not constitute a waiver o/ any rights or options under said note ot• this mortgage accrued or
thereof 1Pr accruing.
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Dn ~~~~s ~Ols fhP said mortgagor has ItPrPttnto signed and sealed lltese presents the - ~
day and year first above u•ritlen. '
SIgr1Pd, Sealed and dPlll~P in fhP prPSPI1CP OJ: 2
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~ STATE OF FLORIDA,
t - ~ c~L QTY c)F
I HEREBY CERTIFY that on this day, before me, an
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f officer dale authorised in the State aforesaid and in the County aforesaid to take acknowltdgmenu, personally appeared
Ernest K. I,ePb, an utanarried man
~ acknowkd
to me known to tx the prrson described in and who a:ecuted the forcRoirtt instrument and ~ R~ ;
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hefore me that executed the same.
H'I"I:tiESS my hand and official seal in the County and State last aforesaid this 23rd day of
Q A. D. 19 $Q ~ #
.rss,~yaf 4~;b. F1LEJ .',lli - ^~E -
<'; ,?e~..3 - i, s Notary Public
a 's
f~ . i - t ,Q O ~ CO[ITRlti'Slon i~ ~llifr d FtttlMi M f;~r~
6 ~ I
~ - 1. ;'y`. - r
~
(Notary Seal )
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F
l~iu Inrlnnnrnl prrparr'd by: Drnna L. Wilson, as agent
A~dmu for rlwealth Land Title E~ P~~~7 ~ o
422 Colorado Ave., Stuart, Fla. 33494.
(File No. Cr018-907ST) . • ~ ~
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