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a-~~ s~~a~~ pe-~orm, camp~y u~Ilh und a6tde 6y each and e~~ery fRe agreeme~fs, •flpu~attoni. co~clifiona a-~
conenants ~hereo/, and oJ Ihia mo-tpaAe, Il~en Ihts mo-Igage a~d th. e:fute here6y cnate~ shnll cens~, d~-
1~-rmi~e and ~ null and ~wld.
Ti1W f~ip mortpa{~or hero6y jurlher rnuenanfs and agreea Io pay prompfly wken due Ihe prtnctpnl and
inferpsl and ofher sums of money provic~c~ ~o~ i~~ satd note and i~is morigage, or etfl~er; to pay a~~ and
slnflu~a~ ftie ta.rPS, a~sessmenls, IPI~IPJ, ~ia~ii~ifies, ob~igaflons, nncr encumbr~ances o~ every nafure on snld pro-
pKfy; to permlf. commif or st~~fer nu wasfw, impai~menl or delerioratlon oj aatd land or tho tmprouemenl~
f~iPrPCn oi any lime; io ~~p i1~e ~ui~~inps now or hemajl~r on caid Tanc~ f uUy ins~u~ed in a sum o~ not ~ess
than the highest insurable value.
in a company or compani~s ac~cppfa6~e fo f~e morlgapee, Ihe po~icy or po~fctea !o be I~e[d 6r, nnd payn6le
fo. said morigngee, and i~ Ihe pvenf any su-n oj money becomes ~ya6l~ 6y virtue o/ such tnswance !he
mortgappe shall have tl~e ~ight 1o receivc- and apply 16e same !o the tnde6terl~eu {~ere6y secured, aceounttng
fo ftie morfga~or for a~y a~up~us: fo pay a~~ eosta, charges, and expenses, inc~uding ~nwyers fee= and lif~e
searc~es, fFRStTii(il)~y tnc~orec~ 07' jMi~ Ujj I(iP inortgagee because o~ tfie fai~ure o/ the mortgagor to prompflr
and ~u~~y rom~ly u~III~ f~e agreemenls, stipu~afions, conditions and covenanla o/ :aid note and t1~is moHgage.
or eif/~pr, to perjorm, comply will~ ontl a6ide by each ancl every the agreements, stipu~attons, rnnditioru and
covenunts set /orth in satd note and 11~ts mortgnge o~ eilher. In t1~e event the mortgagor /nils to pay when
clue any fax, assessment, i~isurance premfum or other sum o~ money paya6le 6y virfue of satd note and th~s
mortgage, or eif~ier, 1/~e 1110I~~DaPP mny pay ftiR sume, without waiving or aJ~ecting fhe oplion !o ~orec~ose
or any other rig1~1 herpun~er, and all suc/~ payments s6nll 6ea~ inlereat (rom dnte ti~ereoj at tl~e highest Iuw-
~ul mte Ihe~n allou~ed by the lau•s oj tF~e S~ate o/ Florida.
~l any ~sum of money herein re~errecl l0 6e not promplly paid wifhin thirt_y day: next n~te~
thP same becomps due, or i( each anc~ every tl~e agreements, stipu~afions. rnnditions and couennnts o( saic~
note ~nd t{~is morlgage, or Pitl~er, are no! jully per/ormed, complied wifl~ and a6~ded 6y, t{~en f6e entire
sum mentioned in said notp, and tl~is morlgage, or !he enli-+e 6alance unpaid ther,eon, shall jorll~witl~ or
I-~erea(ter, af fh~ option oJ Ihe mortgu9ee. 6ecome antl be due and payn6le, anylhing in said note or l~erein
to tl~~ contrarv nolu~ilhsfandiny. Failurp 6y tl~e morfgagee to exerrise any oJ tf-e rights or opttona I~~ein
pro~~icle~I s~a~~ nof conslifute a u~ai~~Pr of any riq{ets or opfions unt~er sai~ note or f~is mortgage acerued or
1~~erea~l~r nrcruing.
~n ~itness ~hereof~ tl~~ saicl morlgngor {~as herPUnfo signe~I ancl seale~I fl~ese presenfs the
~ay an~ y~ar (irsl aho~~p ivriflei~.
Sifl~~e~1. sealP~~ m~d tl.~linpr~t( in I~e prns~nce o(: ~ ~
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- - ~-- -- - - -- -- - -- -~ -... .......---- ---~-----~----....._...._
BILLIE I. ~AVIS
-~ ---- - -. .~.~ .... .................. .... .........- -~ -._. ...-~ ~- - ........,.---.......-~----- . _ -- - - -~--- --- - --~- -- -~~
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STATE OF FLORIDA, ~
cc~Lx'rv c~F ST. LUCIE
1 HEREBY CERTIFY that on this day, before me, an
offirer duly authorized in th~ Stat~ aforesaid and in the County aforrsaid to takr acknowled~mrnts, p~tsonally appearcd
BILLIE I. DAVIS
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to m~~ known to lk the prrson d~scrib~d in and who ~x~cutrd the fur~quinq instrumrnt and S~I@ acknowledged
Ixfor~• ~ne that Stle ~x~cuted the same.
1~'ll'1F.SS my hand and of(icial s~al in th~• (:ounty and Stat~• last aforesaid this 13th. day of
?larch A. D. 19 E1
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1981 MAR { 8 A!~! fl= 36 oatarS- Public
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S 1. LUCIf CCUV • Y. i!~-
RCGER P01 i R.'!S
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!%rs IaJ~n~~~r~,n p,rpnrr-~/ by:
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~ I~'y commission expires:
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