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ana ihall perform> comply wlth and abide 6y earh and e~ery tf~e agre~meni~, allpu~nllons, condtlroru' and
c~ouenani' thereoj, and oj ~h?e mortgage, then ll~ta mnrl9atie and Ihe eatate hereby c?~aled, ~hall cecua, de• #
,termine and be null and void. ~
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~nd Ihe mortgagor ~ieruby jurther c~ovenanta ans~ agrees to pay prompfly when clue the prlncipnj and
inieres! and ofher aums of money proutded (or in aaid note and thia mortgage, or eifher to pay ajj and
~ingu~ar t~ie laxes. asae~imenta, ~eutea. ~1abi~tlte~, ob~igalions, and encumamnces o~ every naiure on raid pr+o- .
perly; lo permit, commit or sujjer no wasle, IM~3A~ti11811~ or dete~towtion oE aadd land or the tmprouemenfa
lheruon a! any ttme: to ~eep i~e 6uildtng: now or herenPtor on said l~nd (uj~y insured in a aurrt o` not leas F
t . than THE MAXIMUM ~NSURABLE VALUE------•,_..__.._....__.._~.--~----.-d-----„-- ;
Y ~n a campany or companies accepta~ife to tha mortgngee, the pojtcy or poltctea ~o be held by, and paya6je `
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~ to, aatd mortpagee. and tn !f?e euent any surrt o/ money 6ecorr~ea payable by vtrtue o~ a~~ch ineurance tF~e ~
~ mortgagee si~nl~ have the rlgl~t to receive and apply the aame to Ihe tnde6fedness heref~y aecured, aceouniing
ta the mortgaflor ~or any aurplus; !o pay aj~ rosla. chargeo. ana expen3es, inc~ucltng Iawyer s~eea and titje
F aearche~, ?easonably tncurred or paid Ly tF~e mottgagee 6ecauae oj the jatlure o/ the morteagor to promptly
~ ' and ~ully comply wtt~ t~e agreemenls. sttpu~attoru. conaitions and covenants oj satd note and thia mort9age. ~
~ or eflhar; to perform. comply with and ablde by each and euery the agreementa. atipujattona. condilions and ~
~ covenanla aet /ortR in sald note and lhi~ mortgage or eithe~. ln the eue~t the mortgagor ~ail' to pay when ~
~ due any tax. a~ae~sment, inaumnce premium or olher aum oj money paya6le by virlue oE suid note and thta ~
morlgage, or eilf?e~. the mortgagee may pay the same, wtthout watvtng or a(Jecting Ihe option !o jorec~ose ~
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' or any other rtght hereunder, and all ~uch payments ahal! bear iMerest jrom date thereof a! the hFgl~est Iaw-
f jul rale t~en allow6d by ~hB Iaws of tl~e State oj Flortda. '
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~ a ~L any sum oj money herein rejerred to be not prompt~y paid wifhin THIRTY days next a~ter
4 llee aame becomes due, or if eac{~ and every t~e agreementa, atlpu~ations, conc~itdon9 ant~ covenants o~ aaicl ~
~ . note and fhis morlgage, or etther, a~e not Jully perfarmed, complted witF~ w~d ab~ded by, lhen the enttre ~
~ sum menttoned in aatd note, and thia morlgage, or t~ie entire balar~ce umpatd thereon, sf?all joHhwtth or ~
: iherea~ter, at the optton of the marlgageo, become and be due and paya6le, anything in anid note or herein ~
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i to tl?e contrary notwttl~.+tanding. Fatlure 6y the mortgagee to exarciae any of the ~igF~ls or opltona herein
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~ provided ahall not conartitule a watuer oj any rights or opttorea under anid note or thi~ mortgage accrued o~
~ . iherea~ter accruing, , '
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~ ~ ~n ~itness ~hereof~ !he aatd mortgagor has hereunto stgned and aealed lheae preaenta the ~
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~ dsy anc~ year (irst above wriiten. ~ ~ ~
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L
ig ed, sealed a ltvered in the p?~eaence oJ:
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~ ' • _ • - . .eater ~~E.. ~ Wa ' ~
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. . .R.,.~.~. .~3.1u~-~~....
~ ~P+la ret B. Watkins
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STATE OF FLORIDA, ~
~ cout~rY oF St . Lucie
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` . I HERBBY CBRTIFY tbst oa chi: day~ before me~ ~a
~ otiicer duly authorixcd in the State sfordaid and in tbe County ~forciaid to take ac~nowkdgmenp, pusossally sppp~red
CHESTER E. WATKINS and MARGARET B. WATKINS, his wife
# to me known to be the penow ~ detcribed in and who exe~uted tbc f oi instrument and c ~
. ~ na they ~,ka~a ~
_ j before me chat they ~~~cta w~ wm: ~
' WITN8S8 my h~nd and official :eat in the Couaty and State last afor~uid tbis 3~.8t ~r o( ,
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December A. D. i9 . 64. .
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a u~ c - State ~iori~a ~
FIIED AND RECORQ~D at Large -
; ~~QK My Commission Expires:~' ~L
~ IN ~ • L~,eco~
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~ '~A'j i 1964 OEC 31 PM 12' 09
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' ~ROGEa POITttAS.CIL(~K ; ti~:.••:.,.~~•~..,>=: ,
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~ ~ c ,:$t. LUCIE COUNtY, FIOftIDA : ~ : ~ ~;~s ; .
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