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and :hall perform, comply with and nbtds 6y each and every th. agreements, stipulation's, conditions and
covenants thereof, and o~ this morlgape, then lhts mortgage and fhe estate heroby created, shall cease, de-
termine and 6e null and void.
nlNfi the mortgagor lteru6y further cvvenants and agrees fo pay promptly when due fire principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: to permit, rnmmit or suffer no waste. impairment or deterioration of said land or fire improvements
thereon at any lime; l0 4eep the buildings now o. hereafter on said land fully Insured in a stun of not k:s
than highest insura>~kle v~llue.
in a company or companies amepta to f e mortgagee. the policy or policies to be held by. and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance fhe
mortgagee shall have the right to receive and apply fhe same to fhe indebtedness hereby securod, accounting
to the mortgagor for any surpitts: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of fhe mortgagor to promptly
and fully comply with fhe agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: fo 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 jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee 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-
fttl mfe then allowed by the laws of the State of Florida.
~` any sum o/ money herein referred to 6e not promptly paid withinthirty days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage. or either, are not fully .perjorened, rnmplied with and abided 6y. then the entire
sum mentioned in said Hole, and this mortgage, or the entire balance unpaid thereon. :hall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the rnntrary notwithstanding. Failure 6y the mortgagee to exercise any of fhe rights or options herein
provided shall not constitute a u+ait+er of any rights or options under said note or this mortgage accrued or
thereat ter accruing.
~1l ~ltfltSS ~0 s the said mortgagor has hereunto signed and sealed these presents the
day and year first above u+ripen.
Signed, sealed nd delivered in the presence oj:
t
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OHNN PERRY C~
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- M. PERRY ~f --~~
STATE OF FLORIDA.
COUNTY OF
St : Lucie I HEREBY CERTIFY that on this day, beton me, an
officer duly authorized in the Start aforesaid and in tht County aforesaid to take acknowledgments, personally appeared
Johnnie D. Perry and Myrna M. Perry, his wife
to me known to bt the persons described in and who executed the toregoinq instrument and Who acknowkdRed
~14 me that the~Kated the same.
•. ~~ ~"l'NF.SS my hand and official seal in the County and State last aforesaid this 5th day of
T ~; ~ . er A. D. 19 80
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