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and ihall pe~rorm. comply with and abide 6y e~i~ a,~d .vehr eh. ngreen~enla. alipu~ations. eondifton~ aru~
c~ovena-~ta Ihereo/, and oJ tl~is mo-lgage. then this mortgags and tl~s estat~ hero6r croated, aI~aI1 ceas~, ds-
termine and be null and uoid.
~ the ntortgagor hew6y (urther covenanls a~d o9ree, eo ~y ~p~ly wb.n dw ~I~. ~t~~t~,t a.-d
inferesf and other sums o~ money provide~ ~or in aaid nots and f~is morlgape. or tif~e-: to pny a~~ nnd
aingu~a- fhe faxes, assessmenfs. ~eutes. Ilabililies, o6~igafto-u. nnd encumbr+nnces o~ eoery naturo on aatd pro-
perfr: !o permif, rnmmit or suf fer no wasfe, tmpnirmenf w deierioralion o~ sntd Innd or f~e irnprovemenia
thenwn at any time; to 1re~ep the 6ui~ings now or he~a~lc+~ on ~~d lnnd /ully insured In a sum o~ not ~ess
~1~a~ its insurable value
in n c~ompany or companiea nceepfa6le to the mortgagee, Il~e pollcy o~ policies b 6e held 6y, and ~xiyo6l~
fo. snie~ mortgagee, and in f{~e euant nny swn o~ money 6ecomea ~,~6I~ 6y virtue o~ suc~ inturance f~e
mo-tgagee sl~nll have ll~e rigl~t to recei~e nnd opply the same !o tl~e inde6tedneas hsre6y securfd, aoeounting
to t~e morlgagor (or any surp~~u; to pny a~~ costs, charges, and expenses. inc~uding ~awyer a(ees and Ut~e
senrches, reasona6ly incurred o~ paid 6y tl~e mo-tgagee 6ernuse o/ !he f nilwe o/ tke ~nortgagor to pro~npf Iy
and ~u~~y comply wifti Itie agreemenls, ~fipu~afions, condilions anc~ couenants o~ said note an~ t~L morfgage.
or eitl~er: to per/orm, comply witl~ and a6ide 6y each and e~ery the ngreemenb. stipulaliona, c~onditions nnd
covenants set Jorth i~ said note a~d thu mortgnge or either. In tl~e enent tl-e mortgagor ~ails to pa~+ when
due any tax, assessn+ent, insurancr premium or of~er sum o~ monej- paya6le 6y virtue o( said nofe and ihis
mortgage, o~ eit~er, t~e mortgagee may pay f~e same, without wni~tng or nj~ecfirtg fhe option to ~orec~ose
or any other right hereunder, and alI sucl~ paymenfs skall bear intereat_ jro~n date theneo/ at f{~e l~ighest law-
~ul m!e Ihen nllowed 6y tf~e laws oj tl~e S1ate oj Florida.
~l nny sum oJ money {~erein re(erred !o be not pr~nmpt~y pnid within thirty c[oys next ajfer
the same 6ecomes due, or iJ eac6 and every the ag-eemsnts, stipulations, c~onditions and covenants oJ said
nole and tbis mortgage, or eit{~er, nre nol /ully perJormed, complied witl~ and a6~d~d 6y, fl~en Il~e entire
sum mentioned in said note, and this mortgnge, or tl~ e entire 6alance unpaid lhereon, sF~nll Jorthu~ilh or
therea~ter, at the option o~ Ihe mortgagee. 6eeome and 6e d~ ~d ~~6I~, anything in said nole or herein
to I~e cenfrnry notwitl~standing. Failure by tf~e mortgagee to exerciae nny o` the rig~ls or opfiona herein
prouided shall not conslitute a waiver o~ anv riahts o~ ontions tindpr said nole or t1~is mortaaoe accrued or
fherea(fer accrui~g. V y V
~ ~n ~~lll~ ~~Ol~ the said mortgagor has f~ereunto siqned and sealed these presenls the
~ c/ay and yc~r first abore u~rillen. `~S IS A B~LIU~~ MJRPC~~ ~ID `I'HE FIlJAL PAYMENP ~R BA]
~ Di~ IS 56,592.9 .
~ Signed, sealed and dPlivere~cl in tl~e presence oJ: -
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AMES A. FOSSETT
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!~ RY . FOSSETT
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;~ STATE OF FLORIDA, ~
;~ coc~TV ~F ST. LUCIE
1 NEREBY CERTIFY that on this day, be(on me, an
offi~~r duly authoriz~d in the Stat~ aforcsaid and in the County aforcsaid to uk~ acknowledgments, penonally appearcd
~ James A. Fossett and Mary K. Fossett, his wife
, to me known to 1x th~ person S described in and who exe~uted thc forcqoin,q instrument and Wt10 acknowkdsed
' brfor~ me that they cxccuted the same_ ~
. N'ITNESS my hand anci of(icial seal in the County and Sutc last resaid this ~~/ • daq ot
March, A. D. 19 81. ~ ~
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~ i; My commission expires: '~'~,`'
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~ li ~~ ~~o g~ Notary Publ ,-_ a .~ :.••""~;;%~ ~%~. ~ _
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; State of F1 ida ati • ,~ : ~
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! ~; 5~0948 `. : ~ : ~y ~ - > ~- , _
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~ ,~ I~ l~AR ~ 9 AN 11= 46:- ,~~~., _o v.. ~.
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€ I( THIS INSTRUMENT PREPARED BY : ST IUCtE CO ~~ lY fLA. y~~~~ ~u~`i ~~`t~t,`` i
RO~ER POITRAS !
, John T. Brennan, Esquire ttER1I CtRCUiT COURT
± Post Office Box 3779 ~'~~a~ ~ra•~ : ~ ;
~i Fort Pierce, Florida 33454 ~ ~
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i~ 8(101 ~~ P~CE~~ .
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