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~ an~ shal~ perform, comp~y with ancl a6it~e by enc1~ and ei~ery fhe agreements, ~lipu~fions, conditions aru~ ~
' t hal! cease de-
co~~enants thernof, and o1 Ii~is mortga9e, tl~en thts mortgo9e nnd the sstate here6y crea ed, s . t
termine and 6e null aeid i~oid. 1
t~~p morlgagor hereby jurl~e~ eovenanfs anc~ agrees to pay promptly wken due the principal and
interest and ol~er sums of money provided ~or in saic~ note and I~is morfgage. or eit~er; to pay a~j and
singu~ar the iaxes, assessme~fs, ~ei~ies. ~iabi~iltes, ob~igafions, anc~ encumbmnces o~ every naltue on satd pro- ~
perfy; fo perrriil, commit or su~er no wwle, im/w~rment o~ detertawNon~ oj said Iand or fhe improvemenfs
thereon at a~y lime: to RPP~1 ~~P 6uildings nou~ or herrajle~ on Qaid land )ully insured in a sum o/ not less
than
in o company or companies acceptab~e to f{~e mortgagee. Ihe polfcy o~ po~icies fo be he~ Ey, and paya6le
to, soic~ morfgagee, an~ in ftie evenf any sum of money beeomea ~.yabl~ 6y ~irlue of suc~e insurance t{~e
mortgagee shall I~aue tGe right to receive and app[y the same to the inde6tedness here6y secured, acrounting
to !he mortgago~ ~or any surpliu: to pay a~C'cosls, char+ges, ond expensos. including Iawyc?r's f
ees and title
= seanc~es. ?rasona6ly incun~ec~ or paid by ftie morfgagee because oj the (ai~ure of the morlgagor to prompt~y
and ~u~~y c~omp~y u~~~h thR agreements, sfipu~ations, con~itions ane~ covenants of saicj note ancr i~is mortgnge.
j o~ either: !o pe?(orm, comply witl~ and abide 6y each and every f{~e ngreemenla, stipulationa, eondition~ u.-:.:
oovenants se! ~ort1~ in said note and f1~is mortgage or either. ln the e~?ent the ~nortga9or fai~.s to pay u~1~en
due any tax, assessment, insumnce premium or olher sum o~ money paya6le by virtue of said nofe and this i
mortgage, or either, thp mortgagee may ?xiy f{~e same, wit~out waiuing or ajjecfing fhe option to /oreclose #
or any olher right I~ereunde~, ancl aII suc{~ payments shall I~ear interesf jrom date the?eof at the I~Ighest law- i
~uI rate Ihen allowecl 6y the lau~s o) Il~e State o/ Flor~da.
ll any sum oj money herein re(errecr to be not prompi~y paic~ WI~~IR 30 days next nJter
the same 6ecomes dup, or ij eac1~ and euery the ogreements, stipulations, conditions and rnvennnts of said
~4 note and tl~is mvrtgage, or eii~ier, are not /ully per(orn~ted, complied u~itle nnd abided by, then the e~tire
i sum menfioned in said note, and tl~is mwtgage, or t6e entire balanes unpaid ll~eneon, shaU )orthwilh or
IT~ereajter, at the option o) I?~e mortgagee. 6ecome nnd be due and payable, anytl~ing in said note or herein
to fhe rnnfrnry nofwifhstanding. Faijure 6y fhe mortgagee to exenciae any o~ tke rig~ts or options ~erein
provided shall not c~onstitute a wainer o( any righfs or opiions under saic~ note or this morfgage accruecl or
t~ereaf fer acc?uing. ;
s
. ~
~n t~e said morfgagor ~as I~er+eunto aigned and sealed theae preaents 1he
c,ay nnd year Jirsl a6oue writfen. ~
~
Signecl, senled ancl c~e~inered in ihe presence o~:
.
( ,L~ C~!G~f~ ~ ~ ~
- . _ . . _ • - y • -
- idne Rib ~off, as esident
- - _of__R.S.,E,_.•Corporat~on--_------ ~
- - -
_
F~LED AND RE~ORp~~,, '
------------~-------..8?_.L,UClE__COUNTY. FI.A.
; RECORD ~ERIF EO
C ,
! - - -
~ - 'i0 i~AR 3 ~1~164'7 ~
~
R STATE OF FLORID4. ~
~ SS CI..ERK CIRCUI7 COURTI
~ cou~r oF ST. LUCIE
I HEREBY CERTIFY that on this day~ before me, aa
of(icer duly authorized in the State aforesaid and in the Countp aforesaid to takr acknowledgments, personatly appe~red
SIDNEY RIBAKOFF, as President of R.S.E. Corporation
I~ to me known to br the pcnon described in and who ezecuted the (oregainq insuument and he acknowkdged
~
~ ii before me that 1'1e exccuted .the aame. •
~ WITNESS my hand and o(ticial sral in the Couaty and State last a(onsaid this l~th day of
~ i
March A. IR 19 70 . ~
~ E;
; - - -
- ~~~ar lilic, a e of Floricla
~ at rge
~ ,
~ '
~ My commission expires:
~ , . " - .
~ ~~ti~ztn:i;~is;y ~
'1'1115 iNgfRUMEM' WAS PREPwRlAl\qr•`t,;~ r
~ RUPERT JASEN SNIITH. F~?w~,~ j.;~~(f~y % P~~ s~i~! OI FIOfM~i n Lif~
! 209 RAULERSON BUIl.01?1~' Tl ~ ~
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