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ancl s~tall per~am, c~ompjy euitl~ anc~ abide by ~h and e~~ery t~e agreements, stipu~ations, conc~itioru atd `
eoe~e?eants ~I~ereoj, and o~ tl~is mortgape, then ~his mort~aee and the eatate her+e6y c?sated, ahell c~we, d~- .
te?mine and 6e null nnd iwtd. ~
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ftie mortgagor hen+by /uMf~er covenants nnc~ agrees to puy promptly wken due tl~e princtpal u?~d ~
interest nnd other sums oj money provided fo~ in :Qid note and tl~u mortgage, or eithe~: to pny nl! nnd
singu~er the faxes, as~essmehts, ~evies. ~inbi~ities, ob~igaftons, nnd encumbronces of every nafurt on satd pro-
perly; to permil, commif or ~ujje~ no waate, impalrment or delerioratton o~ said lnnc~ or fhe improvementa ~
!{~ereon at any time: to leeep the 6uildinga now o~ l~e~ea~ter on said Iand jully insu?ed in a sum o~ not leas
t~an f
in u company or companfes ac~ceptab~e to the mortgagee, the pollctir or po~icies fo be ke~ by. ar?d payn6~a ~
to, said mortgagee, and in !Re euent any sum o~ ?noney 6ecomes ixiya6l~ 6y virtue oj such inaurance tl~e
mortgagee ~hall have the rtght to ?ecei~e and apply !he same to tl~e tndebtedneaa I~ere6y secured, accounting
to the mortgagor ~or anp surplus: fo poy a~~ costs. chatges, anc~ expenses, inc~utling ~awyer s(eet a?~ title
searc{~es, reasona6ly Inru?red o~ paid by the nwrtgages 6ecause of the jailure of tke mortgagor to prompily
and jully comply wifh !{~e ngreeme~ls, slipu~attons, condittons nna covenants o( soid nofe and i~b mortgage.
or eilher: !o perform, comply wtth and abide 6p eacF~ nnd euery t{~e ag?eements, stipu~ations, c~onditfons wta~
covenants set (orfh in said note nnd t?~is mo~tgage or either. In the event the mortgngor (ni~a to pny whert
due any tax, assessment. insurance premium or ot~ie~ sum o~ money pnyable bq virtue o~ snid note and thts
mortgage, or either, t1~e mo?tgagee may pay t~e same, wittiout waiving or a~~ecting the optton fo ~wrc~ose
or any otl~er rig/~t l~ereunder, nnd alI such pnyme~ta sha[! bear rntere:t /rom dote lhe~ro/ nt the I~ighest Iaw-
(ul rate ll~en allowed by ttie lows oJ the State oJ Florida.
~l any sum o( money /~erein re(erre~ to ~e not promptly pnid within thirty (30j day: next a~ter
the snme 6ecomes due, or i( each and every t{~e agree~nents, stipulations, conditioas nnd covenmts o) said
note and tl~is mortgage, or ei[1~er, are not Jully perJormed, complied witl~ and ob~ded 6y, tlten the entire
sum menfioned in snid note, and this mortgage, or the entir+e ba~ance unpuid tl~ereon, al~nU ~orthwith or
thereaf
ter, at t~e opttort o' t~e mortgagee. 6ecbme and be due and paya6le, anytRing in snid note or ~eretn ~
to tl~e contr~ry aotroitleatanding. Failure 6y the mortgageR to exer+iciae any oj t~?e rig~ta or opNons ~erein ~
prouided sl~a~~ not constifute a wniver of any rigF~ts or options under snid note or tkis ~noMgage ncerued or ~
thereajter accruing. ~
~n ~IK`-`~l~ ttie sntd mortgagor has I~ereunlo signed and sealed the:e presenta tl~e ~
day nnd yen~ f
irst above written. s
S' .\senled and delive ' the presence o/:
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STA'I'E OF FLORIDA. ~
coutv-rv oF ST . LUCIE
I HEREBY CERTIFY that on this day~ before me, an
officer duly authorized in the Stat~ aforcuid and in the County aforesaid to wk~ acknowkdgments, penonallr appeared i
RON RATHAY
to me tnown to be the p~rsoe dcscribed in and who execnted the (orrgoing instrument and he
before me that j'1@ ezecuted the ume. t' ~
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WITNESS my hand and of6cial stal in the County and State last afortsaid thu ,`~~5~" > da~ of
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AUQUSt A. D. 1972 : bJ.:~ .7 , ; " -
FILEO A~Ifl RECOROE~ ~ 1 ~ : =
ST. LUClE COUJ~TY FIA. ~ f ~ ~
ROCEF, r~~TRAS . ' ~
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CtfRK Cs~?CUft ~OURT . ~
RECORD I:F.;~~ED ~J,;•' . .
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i oo PH /N Y COM~eSSION AEXP~RES
~N~I~. i
Y7~
r.a=o r. e~tsrtiaoR~t
,C~ 234611
Tlrir h«n~i~rc~r~ prc-p~~r~,l Iry: Toe G. Mullins n`'~~ ~J~~
~IJdRx~ First National Bank
P. O. Box 970, Fort Pierce, Fla. 33450
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