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aad shall p~rJorm, comply u~Ilh and n6tde by eac~ and every fhe agreemen~a, allpulalioni, c~ndilloru actd
coi~ennnls. thete.oj, and oJ Ihis mort~ape, then thts mortQage and Il~e eitate {~ereby created, al~a'1 ~c:,3e, de-
iermine ancr he riu~~ uncl oolcj. '
ff~p morffla~or heru~y {urther covenonts and agrees !o pay pro~npt~y when due the princlpal and
inlereel nnc~ ol~ier sums ol money provtc~ec~ ~or in satc~ nofe anc~ tht~ ?nortgage, or Pllher; to pay a~~ and
- ainflular f~e la.res, assesamenfs, ~evtes, lta6ilities, o6ltgation~, and encum6rances o~ r~ery nafure on aatc~ pro-
perty; to permil, commit or su~~er n~ waste, impoirment o; deferiorafton o` satd ~and or !he improvementi
ihereen at nny ~Ime; to ke~Pp the ~ui~~~Jngs now or herea~t~r on sn,c; ~unc~ ~ully lnsurec~ in a aum oJ not ~ea~
fhan /~0~~,~ .
tn a company or ~om~nnles QCC@pI40IP• fo !he mortga~ee. Ihe po~tcy or po~lclei !0 6e f~e~ by, and paya6le
to, saFc~ mor:ga,qee, anc~ in the ei~ent any aum o~ monoy becornes payab~e by ~t~tue bl tuch in~urance I~e
morlgagee. sf~all ha~~e the_ right !o receiue and apply the same to Ihe inde6tedness hereby secured, accountFng
to the martga~or ~or any surplus; to pay all costa, charges, and pxpenses, tncludtng lawyer'a fees and. fttle
searches, reasonab~v incurrec~ o~ paic~ I~y the mortgagee 6ecause of lhe fai~ure o( the mortgagor !o prorrepf~y
_ ~ ~ anct~ ~ul~y comp~y wilh the agreemenls, slipu~attons, conc{itions nnd covenants o/ said nole and Ihta mortgage,
or either; to perJorm, comply u~ith an~ a6ide by each and euery the~ ag~eemenls, sltpulattona, condltions and
covenanls spf (orth in satd note and this mortgage or either. In the e~ent the mortgagor /ails lo pay when
due any tax, nssessment, insurancR premium or other sum o/ ??~oney payabl~ by virtue oj said note and thi~
mortgnge. or eilher, t{~e mortgagee. may pay tf~e same, without wniving or a~fecting the oplion to ~orec~ose
_ or any other ri~F~t ~iereunder, and all such paymenls shall 6ear interest ~rom date thereo~ a~ ihe h~ghFS[ [~w-
~/ul rate fE~en allotvad by tfie [aws o~ the State oj Florida. _
~l any sum o~ money herein re~erred to be not promptly paid within la days next after
the same becomes due, or iJ each and euery the agreeneenls, slipulations, conditions and ro~enanls oJ said
note and this mort~a~e, or eilher, are not jully per~ormed, comp[ted with nnd a6tded 6y, then the entire ~
_ sum mentioned in said note, dnd this mortgage, or the entire ba~aace unpatd thereon, s1?all jort?~with or
thereajter, at ~Ihe option o~ the mortgagee, 6ecome and 6e due and pnya6le, anything tn ~aid note or herein
to the conlrary nolu~ifhslanding. Failu~e 6y the mortgagee to exercise any o` t~e rigf~ts or opltons ~erein
_ p;+ovidec{ s~n~~ no! conslifufe a waiver o~ any rig{~ts or options unaer sdic~ note er this mortgage accrued or
lhereajter accruin~. ~
. ~n_ ~itn~ss ~hereof~ t~ie saic~ mortga,qor hns hereunlo signed and sealed these presents fhe
- ~ay c~~yenr Ji?st ahove writlen. . _ _
- Signe , sealed and Iin in the sence oJ: • ~
~ - - ~
. BILL R. DAVIS{ . _
;
i - . - - - ~
• •
. P`.'~!Lq.-- W':`'.z'......-------~-----.
• - ..~RIS M. DAVIS
. • .
- ~ -
- . - ~
STATE OF FLORIDA, - _ ~ _ _
COUNTY OF ST. LUCIE . ~
. _ 1 HEREBY CERTIFY that on this day~ before _me, an
oflicer duly authorized in the 5tatc a(oresaid and in the County aforesaid to take arknowledgments, personallr. pD~ared
rj;;
Sill R. Davis and Doris M. Davi~, his wife ~l _
_
+to me known to be the penon gdescribed in and who esecuted the fo~egoing instrument and_~h~~ ,?G~"' ed .
1_`' ~''4;F'...
before me that ttl@ ~zecut~d the same. - " -
y ~ ; :~z:~ y~,=;~ ~
U,
- WI1'NESS my hand and of(icial xal in thc County and last aforeuid this ~•bG~t.~~'
; ~ 4 .
~tri@ A.. D. 19 75 - - ' -
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hGTAfiY IT't: 4 c'i ~ " TT_^?>^:3 ::i I f F;:c
~ .r/ (l~~V_ j~Y C-~~ S~,'. ~ r: y.. ' 7'f
` f LEO ANO RE ~ fi.ll: ~ ~ ~S~~~f, t ; r_.; .
? S~. ~UC1E C4UM •
f - - ROCER P01~RAS _ 3~ 79_
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~ REC4R0 YERif E9 ~O~r ,
~ ~3 ~ 24 ~K ~Z~ : -
_ ~ _ . _
E _ . -
~ - . 3~~.331 _ - .
; _ BaOK PAGE~824
~ 7%fit Luinui~en/ prcpnrcd by: . - _
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E Addre.cr
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