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and shall perform, ctrmply with and abide 6y each and every the agreements, stipulations, conditions and
covertanls Ihereoj, a-td of this mortgage, then this mwtgagw and the estate hereby created, shall cewe, de-
fermine and be null and void.
~nd fhe mwfgagor Iten•by jwfher rnvena-tIs and agrees to pay promptly when due fhs principal and
irtleresl and other sums of money provided /or in said note and this mortgage, or either; fo pay all and
singular fhe laxes• assessments, IPVIPS, liabilities, obligations, and encumbronces of every nature on said pro-
perty; fo permit, commit or strjjer -to waste, impairment or deterioration of said Innd or fhe improvements
fherecn al any time: fo /reep fhe buildings now or herPaf ter on said land fully insured in a sum of not IPSs
Ihan
in a company or companies acceptable to the mortgagee, fhe policy or policies fo be held 6y, and payable
fo, said mortgagee, a-td in fhe eve-tt any sum of money 6ecomea payable 6y virtue of such Insurance the
mortgagee shall have the right fo re-•eivP and apply the same to fhe indebtedness hereby secured, accounting
to the mortgagor jor any surplus: to pay all costs, charges, and expenses, including Iatuyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee bemuse of the jaihrre of fhe mortgagor fo promptly
and fully comply urith the agreements, sfipt-laffons, conditions and covenants of said note and this mortgage,
or eif/tees to perform, comply u,ifh and abide by each and every fhe agreements, stipulations, conditions and
conenartls set forth in said note and this mortgage or either. In fhe event fhe 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 eil/tee, the morlyagPe may pay fhe same. without waiving or of jetting fhe option to foreclose
or any other rinhf hereunder, and aII such payments shall bear Intere:l from dale thereof of the highest Iaw-
f11I MIP Ihen all0lverl l-y fhe Ia11~3 Of fhe $Ia1P Of Florida.
~` any sum of money herein referred to bP not promptly paid within 1cj 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 performed, complied with and abided 6y, then fhe entire
sum mentioned in said note, and this mortgage, or fhe entire balance unpaid !hereon, shall forthwith or
fhereojfer, at the option of fhe mortgagee, become and 6e due and payable, anything in said note or herein
fo fhe contrary nolu~ifhsfanding. /'ailtrrP by the mortgagee fo exercise any of fhe rights or options herein
provided shall not consfiArfe a waiver of any rights or options under said note or this mortgage accrued or
thereafter accnring.
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Dn ~~ulQSS ~ et'r~Of, the said mortgagor has hereunto signed and sealed these presents fhe
day and year first shore u•riffen.
$i d, sealed and rl rerPd in fhe prPSe11('P of
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STATE OF FLnRIDA,
CnC\TY OF St . Lucie
HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take arknowkdgments, personally appeared
Robert L. Lippner, Sr. and Gladys C. Lippner, his wife
to me known to be the person deurihed in and who executed the foregoing instrument and they acknowledged
Ixfore me that they executed the same.
N'll \ESS my hand and official seal in th~• (:ounty and State last aforesa• his /O TN p
December A. D. 19 80.
19c0 SEC 12 ~;~ i l ~ 33 _ _ _ ----- --- --- -- - -- ---- . -- - --.......-- ---..-..-_ -- ----....----
NrM1r Ir66c. Seste o1 Florid H Large
FtLfC t[.C F: ah:'t L' ~ ~s~ Esptras ~ 12, 19x1
SC.1_U~'.IE COUPE Y.Fi :~- ~~ ~ ~.,,,,.. -w s ~.,.,,,a, C.•..w
ROGER ('GI ~ RAS
CLERK CIRCtJii C. j:c
~~ sso3so
%is lus~nnn~n~ prrpnrrrl hy:
T;:S iHS;,,,...~.tT 't1r.S Pfic?~DE9 SY:
Eit:'~EJ .i. S'9:.•:::Y, 111, ~ttsrrey at law
~" ~ ~ECOtID STR£fT, FT. PSEDLE. Fld. 334~D
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