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anc~ ahall per~orm, romp~y ~ulth anc~ a6~de 6y ~~i~ and e~~ery t~e agraemenfi, allpu~afloria, condlUoni and ;
conenanls thereoj, and oJ fhis morlgape, fhen this mortaa~e and tRe eatate here6y created, ~hall craae, de-
termtne and be null an~ voi~I.
~n~ fhp morl~a~o~ heruby jurther couenanfs and agreea !o pay promptly when due the p~lnctpal and
infe?rst and other sums o~ money proulc~ed jor in aatc~ note and fhts morlgage, o~ eif~ar; to pay a~~ and
atngu~ar fhe faxea, assessmenfs, ~eules, Ila6ililiea, o6~igatlons, and encumbmncea o~ every nnlure on satd pro-
perty; to permif. commit or su~~e~ no waafe, tmpatrment o~ dRterioration o~ aaid jand or t~e tmproUementa ;
therecn at uny~ ltme; to kepp t~e tiuj~c~ings now or herea~ter on taic~ ~and ~u~~y insured in a aum of nof ~e~i
than full insurable value
in a company or comQanles acceptab~e to the mortgagee. the policy or poIlctea to 6e heW 6y, and payable .
to, said mo?lpngee, an~ in the event any sum o~ money become~ ~ya6l~ 6y uirtue b~ tuch iruurance f~e
mortgagee ahall have fhe rtgtit to receicre and opPly ~he ,~,e eo eh. indeb~edne,: he.~6y ,e~w~ed, accounting
to t~e mortga{~o~ (or any surp~~u: to pay al~ coat~. charges, and expenres, inc~uc~ing bwyera ~ees nnd f1t~e
searchea, ~easona6ly [ncu?red or ~?nid 6y the morlgagee 6ecowe o/ the /ailure o/ the mortgagor to promptly ' 1
and ~ully comply with the agreemenls, sttpu~ntiona, conc~ilions and covenanfs o~ aatd note and thia mo?tgoge, ~
or etther; to per~orm, comply with and a6ide 6y each and every the agreemenfa, tfipu~attons, condttioru and ~
covenants set Jorth in satd note and thts mortgage or either. In the event the mortgagor /ails to pny wh~n ;
due nny tax, cuseaament, tnsurance premfum o~ ofI?e~ sum oj monay paya6le 6q vtrtue oj satd note and lhis
~ mortgage, or eifl~er. the mortgagee may pay tf~e same, wIt~out watutng or njfecttng the option to (orec~os~ ~
~ o~ any other right hereunder, and al! such paymenb shall 6ear inlereat ~rom dafe thereo/ at !he higheit ~aw-
~u! ?ate Ihen allowed by the lawa o~ tI?e $tute oJ Florida.
~l any sum of money herein re(erred to be not prompfly patd witkia 30 clayi next ajter
the :ame becomes due, or if each and every t1~e agreements, sttpulattons, condtlions nnd covenant~ o/ said
note ancl f~is mortgage, or eilker, are not ~u~~y performec~, rnmp~tec~ with and a6tded by, l~en t~e entire
~um menttoned in satd note, and tl?ta morlgage, or the entire balance unpatd thereon, ahall jorthwtlh or
t1?ereaf ter, at tho optton oJ the mortgngee, 6ecome and 6e due and paya6le, anythtng in aatd note or herotn
to t~e contrary notwithatanc~tng. Fai~ure by t{~e morlgagee to exencire any o( t~e rtg~ts or optloru heretn
provicjed sha~~ no! constitute a wai~er o~ any rtghts or options under salcr note or fhia mortgage aceruec~ or
thereaf ler accrutng.
~n ~itness ~h~of~ ti~e said mort9a9or has he?+eunto signed and sealed these preaenti"the
• day and year ~int above wriiten. ~ A~~N ~G A VARI~IB'~
RATE OSLIGATICN. A~SSLI~+III~iG THAT Z~ IlJITIAL RA~ 4F' Il~TII~ ~tE TO APPZY FOR THE
F~.igtE ~ TII~M OF THE I~7J~ FII~L PA~TP OR TFIE BAi~1NCE DLJE UPCN N~~IRITY
y~pUID B,E APPP~7~Il°iTE~,Y $311,765.00, WITH AOC~~EU Il~TI~'~2ESP. I~' ANY?
~'aa!!(/CiF7-M1A:~i~7.'le~i7..a~?E~{!ii!. a1_..?~~
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DEP'F1~TpING T~ RA~ (~V M. SIZ~
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RiTi'H . SIZII~?~ ~
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, STATE OF FLORIDA, ~
COUNTY OF ~jE
I HEREBY CERTIFY that on this day, be(ore me~ an
officer duly authorized in the Statc aforesaid and in the County aforesaid to tak~ acknowledgmenu, personally appeared
Maric~ M. Sizerore and FLuth M. Sizarore
to mc known to bc the pcrson g deuribed in and who eaecuted the foregoing instrument and ~1~ acknowledged
before me that t~ exccuted ihe same.
WI7'NESS my hand and o((icial seal in thc Count~~ and Stat:• last aforesaid this 9~ day of
I~rC~'1 A. D. 19 87
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Y• ~ 811919 ' PUBLIC
t c / 1~ O(.1'RR1SSlad1 ~1rPS:
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II!l3 I11SlJ7NilClN plffl(1ffll I~y: liobert J. C~rman, Esq.
P. O. Boa 3779 ~nQ rj 3~ P~~E~ ~ 6 2
/l rldr~.u ~ort Pierce, FL 33948
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