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nnd ahall perjorm. comply witl~ and a6ide 6y each and euery the agreemenls, stipulutions, conditiona and
covenanls thereof, and oj this mortgnge, then this mortgnge and the estate he.~by created, sl~nll cease, de-
termine nnd be null and void.
7i1~ the nwrtgagor hereby ~urther covenants and ngreea to pay prompt~y w~en due !he principa~ and
interesf and other sums oj money proutded ~o~ in said nole and this mortgage, or either; to pay all and
aingu~ar the faxe~, assessmenls, ~evies. ~iabi~ities, oLligafioru, and encumbmnces o~ every nuture on said pro-
perty: to pe?mit, oommit or sul
jer no waste, impairment or detertoration o~ said lana or t~e improvements
thereon at any time: to Teeep the buildings now or he~eaJter on said land jully insured in a sum oj not leas
~han Six Thousand Nine Hundred and No/100 - - - - - - - - - - - - - - - -
in a company o~ companies accepta6le to the mortgngee, the poltcy or po~icies to 6e held by, and ~ya61~
to, aaid mortgngee, nnd in the event any sum oj money becomes ~ya6le by virtue oj such insurance t1~e
mort9agee shall have tl~e right to receiue and apply the same to tF~e inde6tedness I~ereby secured, ac~cou~ting
fo t~e mortgagor ~or'any surp~us: to pay a~~ eosts, chnrges, ancl expenses, inc~uc~ing jawye~~s ~ees nnd title
searches, neasonably incur?ed or paid 6y tlie mortgagee becnuse oj. the )ailure o~ the mortgngor to promptly
and Jully oomPly wit~ t~e ngreemenfs, stipulations, conditions ancr covenants o~ saic~ note anc~ this mortgage,
o~ eilher: to perjorm, comply with and a6ide by each and every !he ngreements, stipulations, conditions and
~ coaennnts set (orlh in said note and th~s mortgage or eitl~er. In lhe euent the mortgagor f
ails to pay when ~
~ due any tax, assessment, inswnnce p?emium or otl~er sum oJ money paya6le 6y uirtue oj said note and this ,
! mortgage. or either, t~e mortgagee mny pay t~e same, without waiving or a~~xting t~e option to ~orec~ose
or nny o1F~er right hereunde~, and all such payments shall 6ear inlerest (rom dale thereo~ at the highest lnw-
)ul rate then allowed 6y t/~e lnws o) tl~e State o~ Florida.
any sum o~ money herein re~erred fo be not pro:nplly paitl witf~in 3~ days next aJter ~
~ tl~e snme becomes due, or ij each and every the agreements, stipulafions, conditions and covenants oj said ;
( note and ehu mortgage, or either, are not /ully perjormed, complied with nnd a6~ded by, tl~en t1~e entire
sum mentioned in said note, and t6is mortgage, or the entire 6alance unpaid thereon, shall (orlluuitl? or
+ ihereajter, at the option o/ tl~e mortgagee. 6ecome and 6e due and paya6le, anything in said note or herein
( to f{~e contmry notwill~standing. Failure 6y the mortgagee to exercise nny oJ f~e rig~ts or options herein
` prouiclecl s{~al~ not constitute a waiver o~ any rig~ts or opfions under saic~ note or this mortgnge aecn~ecl or
~ thereaJter accruing.
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' I~. ) ' ~n ~~Ol f~e mortgngor tiac caused tf~ese presents to
7 ~ 'J .(~ORPORATE
, SEAC1 6e executed in ils name, nnd its corporate seal to 6e hereunto af)ured, 6y iis
1,~ ~ ro er o~cers tnereunfo I authorized. ~ke da ant~ ear irst n
P P ff' d~ y y Y ~ve wrilten.
ATTEST ~ _ NDIAN RIVER__.IRON._WORKS,._._IN~.._________
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~.e,ary a Florida corpora ion
Signecl, set~.r.-1 nnd deliver in the prnsence of :
;
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~ -~Tt~~ ..--•------.~i~IC~_.---•-~---- P.~~~t
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`F RcCO
~ti.,,.c~ FI~FG^kc:E:l u.~TY. F:..~ .
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~^n $ y ~ ~
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O` FLORIDA t
~j ~VUII~ Of ST. LUCIE • 'Rt.S RT '
n~ ~~n L1T COU ~
I' 1 HF:REBI' CERTIf-1' tlw~ ~ t6u Joy. !»fonr r~. o~ oI(~rrr d~~ly dr~iirti~~ir~ t~~~dr ond Counly n~or~w~l ~o m6.• oc4no~d~Jg-
~..«b[Ip ~..a.r.1 C. R. Hoffineister and Dorothy Hoffineister
~
' ur~~ 4iwun lo mr lo ~ t~.v Pnai~vnl wrj Secretary r~s~clire~y o~ Ih~ co?porution rnirwd us
~ i
~ mortgaqar in l~ ~wtgoin{~ insln~mrnl. aru~ t{wl t~ep xtrrul~y or~tnnu~v.~r~ e~viulin,y Iti~ xinr. in ttip Mrx~u'? o~ luo sudscnding utlnrsses.
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F- ~rrt~r on.~ rol~udon~r uni~r uultiw:t~ .~u~y rrslri~ in t~m ~y sai~ ior(.urulion and t{~a! I~~ .va~ a~/i~~ l~ereto is 1~ tn~t c~vpu?nl~ s~n~ ~
~ j i sai.~ cor{wrotion. •
Ij ~V(T\F~~ my tiund anc~ o(~uio~ sva~ in 1{ie ('oanl7r a+w~ Ctat~ last a~wrsoid tl~ie 8tt1 .~ay u~ .7UI31
i; n ~4 69 ~
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~ ~ ~ ~ ~ . ~\,~G ~-==--~t ~.R.~._.. - -
_ o ary ~utilic~ ~~$tate ~~~~~Floride
i At Large, My Commissi~n Expires:
~ a~ ~
M
T~~r
t~ nh ~iYO~aEt NOVIDA ~2,~1971
~ F!AR1~~ ~ i.•wouoN .wco w. o~c~ri~~ows•
PREPARED BY:
~ CHARLES E. BECHT, ATTY
~ P. O. Box 548 Fort ~ierce Florida p Q p
' ' R4UK 70 Fxi.:
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