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and shall pe?jorm, comply uiith and abide by each and every the agroements, sltpulaftoni, conditions artd •
covenants IhPreol, and of this ntor111anP, then this mortgage and the estate hereby created, shall cease, ds-
ePrmine and bP null and void.
Tlnd IhP mortgagor pert+by further rnvenanls and agrees to pay promptly when dw the principal and
interest and other sums of money provided Jor in said Hole and Ihts mortgage, or either; to pay all and
singular the tar:mss, assessments, levies, liabilities, obligations, and encumbrances of every nature on snid pro-
perly; to permit, commit or strjjer rto uiasfP, impairment or deferiorotton of said land or the improvements
therPC?t at any IimP; fo I:Pep ehP buildings nou• or hereafter on said Land fully insured in a sum of not less
than highest insurable value thereof
irt acompany or companies acceptable to the mortgagee, the policy or poltctes to be held 6y, and payable
to, said mortgagee, and in the event any sum o/ money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedne:s hereby secured, accounting
to IhP morlga~or (or any surplus; fo pay all costs, charges, and expenses, Including lawyers fees and title
searches: reasonably incurred or paid by the mortgagee because of the jnilerre of the mortgagor to promptly
and jolly comply u~ilh the agreements, stipulations, conditions and rnvenanta of said note and this mortgage,
or Ptfher; fo perform, comply etiitlr and abide by each and every the agreements, stipulations, rnndilions and
covPnartls set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any lax, assessntenf, insurance premium or other sum of money payable 6y virtue of snid note and this
mortgage. or Pillter, the mortgagee may pay IhP same, without waiving or affecting the option to foreclose
or any other right hernunder, and all such payments shall bear interest from date thereo/ nt the highest law-
ful mfe`fhen allowed by fhP latus of the State of Florida.
~l any sum of money herein rPlPnPd to be not promptly paid within fifteen day: next after
1hP same beco?rtes due, or ij each and every IhP agreements, stipulations. rnndifions and covenants of said
note and this mortgage, or either, are not jolly 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
IherPOjter. a! the option of the mortgagee,. become and 6e due and payable, anything in said note or herein
fo IhP contrary nofu~ifhstartding. FailerrP 6y the mortgagee to exercise any of the rights or options herein
provided shall not co?rslitrrfe n uiaiuPr of any rights or options under said note or this mortgage accrued or
(hereafter accruing.
~n whereof, the said mortgagor has hPrountO signed and sealed these presents the
day and year first above u~riflen.
Signed, sealed and delivered in the presence oj:
-
Robert - H .---Forsman--- ~ -
-
--.-..-..--~t~-...
Kathleen orsman
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STATF. OF FLORIDA,
COLSITY OF ST. LUCIE
~ I HEREBY CERTIFY that on this day, before me, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgmenu, personally appeared
Robert H. Forsman and Kathleen Forsman, his wife,
to me known to be the prrson$ described in and who ezecuted the foregoing instrument and they acknowkd~ed
E txiorc me that they executed the same.
N"17:1iESS my hand and official seal in the County and State last aforesaid this ' day of
November A. D. 19 80.
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