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a~te~ s1~al~ perJorm, romply tuill? ancl nhicle ~~y each and et~ery the ngreements, stipti~ntions, coric~itioris anc~
couenanls Iliereo~, arid o~ Ifiis mortr~u~c~, tl~en t1~is mortgnge nnc~ the estate f?ereby crentec{, shnl~ ceasA, dn-
termine anc~ f~e nti~~ nntt t~oit~.
71n~ f~~a mort~ngor {~~re~~y furtl~er covennnis anc~ a~rees to pay promptly tuf~en c~uo fhe prtr~cipa~ ancl
iriter~st ~nr~ of{~er sums a~ rnoney provit~ec~ ~or i?i snic~ note anc~ this mortgape, or ei!{~er; to pay ajl and
sin~u~nr I~~e tnxes, assessmenfs, ~euic~s, ~ia~i~iti~s, u~~ic~afions, an~ er~cum6rances of every nnture on saic{ pro-
perty; to E~ermit, commil ur sujfer na iuasle, impnirment or c~eterioration ol sai~ ~anc~ or the improvements
f~~ereon at nny time; to k~pn rl~~ btii~c~in~s notu or'ier~a~ter o?t snic~ ~anc~ jul~y ins~irecl irt a sum of not less
tf~nn
iri a compnny or compnnies acceptnE~~e to t~ie morl~apee, t~ie po~icy or pojicies to ~e f~elc~ by, ancj pnya6le
to, snic~ mort~nc~ee, nn~ in t~?e e~~erit any sum o` money becomes Payabie 6y virtue oj such insurance the
mortflnc~~e sfin~l ~~nue IE~e ri~~~t to recei~~e nric~ apply f{~e same to tlie inde6tedness liereby secured, accounling
to t/~e mortgn~or ~or any surpjus: [o pay njl cosls, cj~nr~~s, ancl expenses, inclucjinp lawyer~s jees ancl fit~e
se~rc/ies, rensonn~ly incurrec~ or paicl ~y the mortQapee ~ecause o~ !~e ~ailure of the mortgaflor to promptly
anc~ ~u~ly compjy wilri t~~e nf~reemertts, sfipulations, conc~ifio~zs arur eovenartts of saic~ note anc~ this morfgaQe,
or eitl~er; to per)orm, comply ti~itl~ and abicle by ench and enery !he agreen~ents, slipulations, condiiions and
co~~enanls set forth iri said note anc] tfeis mortpn~e or eif{~er. ln llie event the mortgagor fai~s to pay w{~en
aue n~~y tax, assessme~ii, insurc~t~ce j~~e,-,~iu?n or olher sum of r~nzy nayable ~y vi:tue of sai~ note and this
mort~a~e, or nit{~er, tE~e mortgnf~ee may pny the same, iuithout waiving or aJjecting Ihe optio?i to jorecjose
or any otfier riryl~t heretm~{er, and alI such payments shall 6ear interest Jrom dale thereoJ nt the highest Iaiu-
f ul rate tlic~n allowed by the laws o/ tF?e State of Florida.
D~ ~uiy s~im o~ inoi~ey {~PrPin re(erre~~ to be not prom~tly paicl within thirty c~ays next a~ter
~FiP sarne b~comes dire, or i( ench R?~d c~very tl~e agreements, stipulations, conditions anrl covenunts of said
note and t{~is mortgage, or eitl~er, are not `ully ner/ormed, complied with and a6~ded by, then the entire
sc~m mentioned in said note, and lhis mortgage, or the entire 6alnnce unpai~ Ihereon, shall (orf~wit{~ or
thereafter, ~t the option oJ the mortgaqee, become nnd 6e due and paya6le, anything in snid note or herein
to the contrnry notwithstnnding. Fnilure 6y ihp moriflagee tu e.rercise any of the rip{its or opffons f~erein
proviclec~ sf~nll not constitufe a wniver oj nny ri~~its or options under said note or t~iis mortgage accrue~ or
thereafter accruinc~.
~n ~itness ~hereof~ tlie snicl mortgnyor has hereunto styned anc~ sealecl tl~ese presents the
c~ay nnc~ yenr ~irst ahone turitten.
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Sign , sen~ec~ anc{ c{e~ii~erec{ in the preseneP o~: .
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. STATE OF FLORIDA, ~
COUiVTY OF ST. LUCIE
I HEREBY CERTIFY that on thia day, before me, an
officer duly authorized in the State a[oresaid and in the County aforesaid to take acknowIedgments, personalty appeared
B. F. IVEY and FgANCES H. IVEY, his wife
to me known to be the person8 described in aad who e~ecuted the forrgoing inttrument and they acknowledged
before me that theyexeculed the same.
~YITNESS my hand and of(icial seal in thc County and Statc last aforesaid this i day of
F~bruary ~sb6 -
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_ ' IN, ~N~ REC ROED r~ot~ry P~,b~-~, sf,~~ F-;.~~,a~ ~,~P~......_.....
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~ C7QQK ~'J~17c~.:i k3j r`.(I~°.i:~3f:.:U~£(j ..9.0} N•~~~
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~~~~"':~v- % COUf~~TY.
~ ; - ' FLORIDA
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