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and Shall pr•rJorm. comply with and a6irlP by Pafh and every the agreements, slipulafioris, conditions and \
cotrr•r:rlnts thereof, rued aJ this mortgage, then this morfgngP and the estate hereby crealPtl, shall cease, de-
termi?IP and bP null nut void.
Tin IhP morf{lol~or hPmhy Jurfher fovPUanls and agrees fo pay promptly when due the prinfipal and
intPres! and otlrer Burns of money provided Jo? in said note and fhis mortgage, or ellhe/; to pay all and
SI?Irtlllar tllt• taxes, a551•SSnteIlls, le1rIP5, llal,llllle5, UI)llftaliOll3, a?Id Pnf11m1,roflfPS OJ PvPry IlatnrP 0/1 said pro-
perly: to pernlil. fommif or suffer no u•asfe, impairment or deterioration of said land or IIIe improvements
thenvn of any time: fo Itrep the buildings Hour or herPaf ter on said land Jolly instlrerl in a sum of not less
llla?1 the highest lnsurabl a value
iu a company or companies accrpfnblP fo 1he mortgagee, 1hP policy or policies fo 6P held 6y, and payable
fo, said moNgagee. and in the 1•venl any sum of mom•y bPfomes payable by virtue of such insurance the
mortgagee shall harp the right to ?e/-PivP nId apply fhP same fo the indebtedness hereby sefured, afcounting
to the mortgagor Jor any surplus; to pay all costs, Charges, mul expenses, including lawyers Jens and title
sPan•hes. reasonably incllrrPrl or pair) by the mortgagee because of the faiblre of the murfflaftor to promptly
and Jolly camply urifh fhP aftreemenls, sfipulolions, conditions and Covenants of said note and fhis mortgage,
or eifllPr: to perform, camply urith and abide by eafh and every tIIP agreements, stipulations, conditions and
Covenants set fwlh in said note and fhis mortgage or either- In the even! the mortgagor Jails fo pay urhen
due any ta.tti, assessment, insumncP premium or other sum of money payable by virtue of said note and fhis
mortgage, or either, fhP mortgagw• may pay the same, urithouf waiving or affecting the option to foreclose
• or am other right hereunler, and all sorb payments shall bear interest fmm date thereof at the highes! laur
f1/l IatP theft QII/IIeP11 by the IaIOS Of t11P ••fate OJ 1•lorldA-
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ar:y sum of money hernin referred to bP not promptly paid within 15 days next niter
the same bel-omes due, or if each and every the agreements. stipulations- conditions and covenants of said
note and Ihis morlgiure, or either, are not fully pert
ornled, complied urith and abided by, then the PntirP
! sum mentioned in said note, and I?lis mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at fhP option of the mortgagPP. b/•r•Ome and 6e due and payable, anything in said note or herein
!o the fonfrary nofwifhslonding. failure by the mortgagPP fo exercise any of the rights or options herein
pmrided shall not conslih/te n waiver of mly rirlhls or options under said note o? Ihis mortgage afcrued or
thereafter accnling.
i
~n ~itneSS ~~ereof the said mortgagor has hereunto si/rned and sealed these
1 presents the
! day arul yrHtr first ahoy InriNen-
~r sealed told deli •ered in IIIP presence of : ,r
. _
K. FESSEL
r . n
. .
SHARON M. FESSEL
_
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~ I STATE OF FL(>RIDA, )
€ ~ ccn-~T-Y c~F ST. LUCIE i
I IiEREBY CERTIFY that on this day, before Inr~ an
of(irer dul\• authorimd in the State aforesaid and in the County aforesaid to take afknowfedgments, personally appeared
E ~ DENNIS K. FESSEL and SHARON M. FESSEL, his wife
E - -
~ ~ to me known to F,r the• persons drscritxd in and who rarfutrd the forr¢o+ne instrument and they arkrwwkdRed
~ hrfon• me that they executed the same. •t~j•r. ,
1\-l7~~ESS my hand and official seal in the County and State last aforesaid thi ~t~:`',~r~':;~ day of f
November A. D. 19 80 . ~ T~,
~ NOTARY PUBLIC_ ~ ~Q
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MY COMMISSION EX~pIaES: - fj -=~'~-i~
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~ SC1`7925
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1%is hfrlrumrn~ prrpnrr•J by:
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