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and shall per/orm, comply u~iflt artd abide 6y each and every the ag-eemerrts, stipulation's, conditions and
covenants thereol, and of this marllfage, then this mortgage and the estate hereby crenfed. shall cease. de-
lermine and be null and void.
Iin~ the mortgagor hereby f u-Iher covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided /or in said note and this mortgage, or either: fo pay all and
singular the taxes. assessments, levies, liabilities, o6ligatiorts, and encumbronces of every nature on said pro-
perly; to permit. commit or sit/fer no tussle, impairment or deterioration o/ said land or the improvements
Iherecn al any lime; fo lrrep the buildings now or herea/ter on said land /ally insured in a sum o/ not le;s
ehan full insurable value.
in a company or companies acceptable to the mortgagee, the policy or policies to l,e held by, and payable
to, said mortgagee, and in the evpnf any sttm of money becomes pnynble by virtue of such insurance the
mortgagee shall have the right to ret•eive and apply the same to the indebtedness hereby secured, acrnunting
to the mortgagor (or any surplus; to pay all costs, charges, and expenses, including lawyer's fees and flue
searches, reasortal,ly incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply toifb the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, irrstrrance premium or other sum o/ money payable by virtue of said note and this
mortgage. or eillter, flte mortgagee may pay the same, u,ifltottt tuaiving or affecting the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from dale thereof at the highest law-
(ul rate then allotned by the laws of the SfalP of Florida.
1` any sum o/ money herein relerred fo be not promptly paid within fifteeTl days next after
flre same bPCOnleS due, or if each and every the agreements, stipttlatiorts. conditions and covenants o/ said
Hole and this morhfage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, snit this mortgage, or the entire balance unpaid thereon, shall /orthwith or
thereafter, of the option o/ the mortgagee, become and 6e due and payable, anything in said note or herein
fo the contrary rtolu/ifhstartding. F=ailure ly the mortgagee to exercise any of the rights or opfiort: herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereof ter accruing.
~n witness ~ftfCtOf, the said mortgagor has heretrrtto signed and sealed these presepts the
day acid year first above tvritten.
S' a ettled and a re in the prefsP/ICP of - ~ i c
' - ';
- -~ - ~ - --
~ Rita A. Lienhard
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STATF. OF FLORIDA.
COUNTY OF
I HEREBY CERTIFY that on this day. betort me, as
officer duly authorized in the Stott aforesaid and in the County aforeuid to take acknowkdgments, personally appeared
Fred C. I.ienhard and Rita P_. Lienhard, his wife
to me known to be the person S described in and who executed the toregoin4 instrument and tI'ley acknowkdsed
before me that t$ey executed tht same.
WI1 i11ESS my hand ar,d official seal i the County and State Last aforesaid this 211d day of
DeOfanber A. D. 19 80 • ~
19$0 DEC -2 P~ ~ ~8 Publ c
My oocmiission Expires:
FIt~O AMC °•: C4F.iiF 0
S ROGER ~OITRAS~~
ct.t:l:lc rmcu~tncuu~t~
sc~soss
I7,is I»s~rr~mc» 1 papnird by: Donna L. Wilson, as agent
AJ~/rrxr for Comfnnwealth Larxi Title,
422 Colorado Ave., Stuart, Florida 33494.
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II (File No. G-018-903ST). {'
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