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and shall perform, comply u~ith and a6ide' 6y each and erery the agreements, slipulaltoni, conditions and ~
~ cove?ianfs Ihe?cw~, and oJ this mortf~asie. Ihen Ihts mortgage and the estale I~ere6y erpot~I, shall cease, de-
Iprmine antl ~x~ nu« mu~ t~oi~. ~
~n~ f{~P murlf~a~or ~ier~+by ~url~~er couenanls anc~ a~rees fo pay promptly when ~Iue the principal and ~
i~~leresl an~ ot~~~r sums oj money provi~Iec~ ~or in saI~ note and 1~1t mortgage, or eil~er; fo pay a~~ anc~ ~
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stn{~u~ar fhe faxps, assnssm~nls, ~eules. ~tabi~ili~s, o6lipations, une~ encum~mnces o( every nalure on said pro-
p~rty; to ~e?mit, c•ommif or su(fer rio iuasle, impairmenl or deteriorafion of saic~ ~and or f~e Improvemenfs ~
(~Ph•cn af a~~y Iim~: to kP~~ ihP 6uildi~~ps nou~ or hernaJf~r on .aid land f idly insured in a sum. oJ not less t
than the FULL INSURABIE-VALUE-~----------------------------------------------
in a c-ompany or compani~s arc~pla~~~e lo I~e morfgagee, fhe po~tcy o~ po~icies fo tie I~pld 6y, an~ payab~e
fo, sai~ morl~~agee, on~ in JhR C'I~P?lI any sum oJ money becomea payab~e Gy i~irfue o~ sucti lnsurance t{~e
mortflagee shol! hn~~e the ri~ht Io r~ceiue and apply Ihe same to f1~e inde6tedness here6y secured, accounfing
to f~~e morf~anor (or any surplus: fo pay a~~ cvsls, c~a?{~~s, and expensps. inc~uding ~awyer~s ~ees and Itl~e
searc~~s, reasona~~Iy tn~urretl or pai~ hy f~~e morfgagee ~ecause o~ !he fat~ure oj !he morfgagor to prompl~r
antl ~u~~y c•omp~y u~if~ f{~e n~re~menls, sfipu~afions, con~ifions an~ t~ovenanfs o~ sai~ nole ant~ l~ts mortgage,
o~ eif~~er; fo perJorm, romply with and a6ide by each ancr euery !he agreemenfs, sfipu~ations, concrilions and
con~nanls sel jor11~ in said not~ and fhis mortgage or eiii~er. In the event the mortgogor )ai~.s to pay wtien
due any tax, assessm~nt, insurance prnmium or oiher sum o~ money paya6le 6y vtrtue o/ said note and Ihis ~
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morl{~ag~, or ~if~~er, f~ie~ morfga{~e~ may pay I~e same, wilkout waivinfl or ajfecting fhe oplion fo jorec~ose
or any otherrigl~l her~w~d~r, and all sucl~ paymenls shall bea~ inlerest jrom dafe Il~ereoj at t1~e Rigi~eat law-
~ul mle tl~~n a~~o~ac~l by Il~e la~as o( ~hP $fale o~ Florirla.
~t any sum o) mon~y Iierein re~prred fo he nof prompfly paid witl~in THIRTY daya next after
!tiP sam~ ~ecom~s ~u~, or i( eac~~ an~ every fF~e afl~eements, stipulalions, conc~ifions ancl conenanls o( saic~
nofe and Il~is morfga~~p, or ~ithPr, are nol ~ully per(ormecl, complied wilh anc~ abided 6y, f{~en t1~e entire
sum mentioned in said nol~, and this mortgage, or ttie entire 6a~ance unpaid fhereon, shal~ (orthwifh or
t~erea~ter, af fti~ option oJ 1~~e morlpage~, hecome an~ he due and paqable, anyftiing in sai~ nole or ~erein
fo i~~ coni?nry noliail~~sfancring. ~'ai~ure 6y 1he morlpagee lo exercise any o~ Itie righls or opfior~,t ~erein
provi~~~~l s{~a~~ nof consfih~f~ a u~ai~~pr o~ ony righls or opfions un~Ier saic~ note or t~is morfgage accrue~~ or
! I~~~rea~l~r ac~•niing.
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~ ~n ~itness ~hereof~ Il~e sni~l morl~ngor has hPM1111I0 Stl~flP~ ant~ s~o~et1 fhese presenls thP ;
,
t~ay an~~ y~or ~irsf af?oi~e u~rifl~n. ~
Si~net~. se ~et~ a:ur ~i~~~rnt~ in I~~p pmsrncP o~: i
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~ - - MARCELLUS BROWN
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f STATE OF FLURIDA, , f
ccn-~~•rv c~F ST. LUCIE ~
. I 1~EREBY CERTIFY that on this day, be(ore me, an
of(icer duly authorized in the Stat~ afor~said and in the County aforesaid to tak~ a~knowledRmrnts~ penonally appeared
~ MARCELLUS BROWN, a Single Adult . ~
to m~~ known to be~ th~ prrson describcd in and who ex~cuted the tor~qoinq instrument and he acknowledged
Ixforr ~n~ that ~1E ~x~cuted the same.
~ H'll~\F.SS my hand and o((icial sral in thr County and Stati• la~t a(orcsaid this l~jtfl day of
~ Apri 1 A. D. 19 81 ~ „
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~ I $1 t, 20 ~,n ~ I s ....~a~~........_........ . - .
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~ R(;G~~,: j~~i : R:.S ~ . . , _ .
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` 5~4954 . ~
~ ROBINETTE G. McALISTE . ~
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UQQK353 YAGE V~ 'i~"''~~~•~•f~~,i~i~w~f,` . a
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