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and shall perform, comply u+ith and abide by each and every the agreements, stipulations, conditions and
covenants thereof. and a1 this mortgartr, then this mwfgage and the estate hereby orated, shall cease, de-
termine and 6e null and troid.
Ii~ the martga{tor hereby further covenants and agrees to pay promptly when duo the p-tncipal and
ireternsl and other sums of money provided for in said note and fhfs mortgage, or either; fo pay all and
singular the fares. assessments, IPUIPS, liabilities, obligations, and encumbrances of every nature on said pro-
perly: to pern~l. commit or strf jer reo uraste, impairment or deterioration of said Iand or the improvements
Iher+eare of any lime: fo keep the berildings nou, or hereafter on said Iand fully instaed in a sum o/ not less
than nil
in a company or crompanies accepfnble to thr mortgagee, the policy or policies fo be held by, and payable
to, said mortgagee, and in I-eP etrenl any sum of money becomes payable 6y t+i-Itre of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
to I-ee mortgagor for any surplus: fo pay all costs, charges, and expenses, including lawyers fees and fitb
searches, rnasonnhly incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and fully rnmply u+ilh the agreements, stipulations, conditions and covenants of said note and This mortgage,
or either: to perform, comply u+itle and abide by each and every the agreements, stipulations, condifio-u and
covenants set forlle ire said note and this mortgage or either. -n the even) the mortgagor fails to pay u+hen
due any tar, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, wilhotrf waiving or of f ecfing the option !o foreclose
or any other right Itereerreder, and all such payments shall 6enr lnteretf from date thereof of the highest law-
ftel rate then allots+erl by the larr+s of the State of Florida.
D` nny sum of mo-eey herein referred fo be not promptly paid within 30 days next offer
the same bel'Omet dug, or i j each and elrery the agreements, stipulations. conditions and covenants of said
note and Ihis mortgage, or either, are not jolly performed, complied with and abided by, then the entire
sum mentioned i-e saicl note. ared this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary nolu+ithsfanding. /'ailure by the mortgagee fo exercise any of the rights or options herein
provided shall not constitute a «+aiver of arty rights or options under said Hole or this mortgage accrued or
f-tereafter acrnring.
~n ~itneSS thereof,. the said mortgagor has hereunto signed and sealed these presents the
clay and year first above urriflen.
sign d, s algid and delivered in the presence of : ti ::- ^ : -
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W. C. ..-..5.-~.-. •~
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ness~ ,, Presidetltt, Gelote C. Dle~a._- ;~'-'
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STATE OF FLORIDA,
COC\TY OF St. Lucie
HEREBY (:ER7'IFY that on this day, before me, an
otiirer duly authorised in thr- State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Cease C. Dsvtla ,President o! W. C. Cc~pany
u, m.• known to Fre the person described in and who executed the foregoing instrument and ~p acknowledged
Ireton- me that •~1e executed the same.
~~•I7~\ESS my hand and official seal in the County and State last aforesaid this 4tb day of
Dece~er ~~. D. 19 80
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509412
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iIlEO I~ND NCO 0
51 LUCIE COUNTY~IA.
ROGER POITRAS
CLERK CIRCUIT COU+t
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NOTARY PUBLIC
My commission expires:
hoary Public. Slate of Florida at Large
My Comm~sswn Expues Dec. 18, 1981
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