HomeMy WebLinkAbout0889 . . . .
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~ cind shotl per(oMn, com~~y wlf{~ and a6ide 6y each and eaery the ag?eernents, itipu~ationa, cone~itioru ae~
~ covenanb tl~sreo/, and o~ thta mortgag~, t~en this mortgage and the estate h~by cwoted, i1~all csa~e, d~-
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~ termine ancl be null anc~ ~otd. .
~ ~ bY fwtl~er covenants anc~ agrws to pa7? promptly u~hen dw the prinrtpal artt~
Y t~e moregago. hen+
; interes! and otf?er suma a~ mnney provided jo? in eatd note and this mortgage,~ or elt~~?: to pny au anc~
- singu~ar t/~e taxea, assessmenb, ~evtea, ~tabi~ities, ob~igafions, nnd encwnb?~a?ice~ o~ evsry notusf on sald pro-
perty; to permif, commit or au~fer no waste, tmpairment or deterioraeton o` soid b,?d w the-imp?wvementa
the?+eon at any ti?ne: to keep the buildtngs now ar I~e~w~ter on a~ald ~and ~u~~y insured in a aum o~ not ~esi
than $12 , 000, OO f 3, xe ard extended coverage
in n company ar rnmpanies acceptable to !f?e ?nortgagee, ti~e policy or polictea to be held 6y. ~d ~yab[~
to, said mortgagee, nnd in !he event any sum o( maney becomes poyabl~ by virtue o~ auch inswance the
' mortgagee shall have the rigF?t to recRive and applq the aame to the inde6teclnesa he~ebp secured. accounting
eo the mortgagor for any Jurp~ua; to pay ajj costs, charges, nnd expenses, inc~uc~ing ~awyers jees and tit~e
eearchea..~oRa6[y incumd or paid 6y tl~e mortgagee becnwe of ti~e failure oj tl~e mwtgagor to promptly '
and ~ullq comply with t~e agreement+, stipu~atiorw, con~Itiorts and covenartts o~ sa~d no~e a.~d el~~ Moreg~~,
or eitRer; to perform, comply with and abide 6y eacR and every the agreernenis, stipu~atioru, conditforu anc~
covenanta aet ~orth in aaid note and thfs mortgage o~ either. ln tI?e event the mortgngar ~ai1a to pay when
due any tax, assessme?tt, i~ura?ire premium or other aum oj money payabte by virtue of aait~ note and thia
mortgage, o~ either, the mortgagc+e may pay t~n same, withaut waiving or a~(ectrng t{~e option to ~orec~ose -
or any other rigl?t ~ereunder, ar~d aII such paymenta ahal! 6ear interest /rom date thereo~ at the highest Iau~-
{u[ rate tben Alb~ed 6y rl~e lows o/ the State of Florida.
any sum_o~ money {~erein re{errec~ to be not promptly paid wit{?in "15~ days next af ter
the same becomes dun; or if eacf~ and every the agreements, ~lipulntioru, conditiony and cavenanls of saicl
note and tf?is rriortgage, ar either, are not jullq perJormed, complied with and ab~ded by, then tl~e entire
sum mentioned in said note, anc~ t1?is mortgage, or t~ e entire balance unpaic~ thereon, shaii /oreh~~th or
lher^af ter, at t~e aptian o~ the mongagee, 6ecome and 6e due and payable, anyt~iing in said note or ~erefn
to t1?e contrary notwithstanding. Foilurn 6y ~he mortgagee to exenciae any of the ~sgF~ta or optio?u /?erein
provided Sh4ll nat constilute n waiver of any rights or options under said note or thF~ mortgage accruec~ or
therea~ter accruing.
~n ~~dt~ the said mort9agor {~as feereunto si9ned and sealed tFeese preaenta tF?e
day an~ year f irst above u~ritten. `
Signed, secdl~d and clnlivered in the presence of : ~
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STATE aF FLORID.4, t I
CouvTY St . Lucie ~
I HEREBY CER7IF'Y that nn this day, before mt, an
af(icer duly authoriz~d in the State aforesaid and in the County aforesaid to taicr acknowledgmenu, peraonally appeared
I ~dmund M. Radke and Dori s M. Radke , his wif e ~
~ to mr knewn to be the personS described in and who executed the foregoing instru~nent and they acknowledged
. before mc that th~Y executed th~ same. I
~ lV[T~iESS my hand and official seal in ihe t:ounty and State last aforesaid this G!/~ ` day of
August A. D. 19 6g ~ y,-~
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~ Nata Public, State of Flor3da
F~~ p. A~ ~~E RDED at Large. My commiss3on expirest
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