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HomeMy WebLinkAbout1982 n~d shall per(wm, comply wlll~ and u61de 6y pnch nnd eve?v the ay~+e~menls, st~pulallons, rnncliltona and couenants the?eol, and oj thit mortgnge, then thls mortgage and the estate hereby created, shall cease, de- ~ termine a~d 6~ nul! and void. + . , ~ the morfgngor hereby lurti~er eovenanfs and ag?ees to pay prompfly when dua the p?tncipnl and intere:t and other suma o( money provided ~or in suid note and thb morfgage, o~ etthe~; to puy all and singu~ar the taxes, auessments. ~evies, ~iabi~ities, ob~igations, and encum6rances of every nalure on said pro- perly; to permit, commit or su~rer no waste, impalrment or deterioralton o( sa~d Ia.~d or f~e tmprovemenfs Ihereon at any time: to lreep the 6utldings now or he~ea)ler on sa~d bnd /ully insured in a sum o~ not less ~ ehaR $50, 000. 00 fire and extended coverage insurance. ~ in a company or companies aecepta6le to the mortgagee, tl~e poltcy or policies to 6e held by, and payable ~ to, said mortgagee, nnd in the event any sum oj money 6ecomes ~yn6l~ 6y virtue o/ such insurance 1he ~ mo~fgngee shall I~ave the right to receive and apply the same to 1{~e intlebteclness hereby securec~, nccounting lo i~e morlgagor ~or any surp~us; to pay a~~ costs, cha?ges, anc~ expenses. inc~uding ~awyer s~ees and tif~e searcl~es, reasona6ly incurred o~ paid 6y the mortgagee because o/ the (ailure of the mortgagor to prompfly and ~ully comply u~ith Ihe agreements, stipulations, condilions and co~enants oj said note and this morfgage. or eilher: to per(orm, comply wiih and abide 6y eacl~ nnd every the agreements, stipulafions, rnndilions and i couennnls set (ort?t in suid note and this mort~age or either. In the event the mortgagor jails to pay when , ~ due any tax, assessment, insurance premium or other sum oj ?~oRpy ~wya6le 6y virtue oJ said note and tl~is mortgage, or eifher, fhe mortgagee mny pay t~e same, wilhou! waiuing or a~~ecfing the oplion to forec~ose or any o1F~er right hereunder, and all such payments shall 6ear interes! Jrom dnfe tl~ereo~ at i{~e F~igl~est law- (ul mte then allowed 6y the lau~s oJ the Stafe o~ Florida. any sum of money F~erein rp(errecl lo I~e riot pro:nptly paicl wifhin-----~----~nys next a~ter fhe same becomes due, or iJ eac1~ and eve~ry tl~e a~reemer~is, slipulalions, conditions and couenanta o/ said ! note and this mortgage, or eitF~er, are not Jully p~~?jormed, complied u?ith and a6iclec~ 6y, then the entire- sum mentioned in said note, and this nior[~nge, or the entire 6alance unpaid tl~ereon, s{~nll jor!{uuitF~ or ~ thereajter, at the option oJ the mortqagee. 6ecome and 6e due nnd paya6le, anylhing in said note or here~n to t~e contmry nolwiltisfanding. Failure 6y the morlgagee to exercise nny o( Itie rig{~ts or options herein j prouidec~ sha~~ nol rnnsfilufe a u~ai~~er oJ nny rig{~!s or options unt~er saic~ note or f~is morfgage nccrued or thereaJter dccruinfl. I • .~.,r ~"~3"~ w. ,,.~.~u~14~ti - , ~ ~~.9~.'~r~~- . ';~~'•'i,I A, .W' lt k ~ ~ ~~~il '/C ~ ~ + p -y 1 ~ ` ~ : ;~~a: 3 ~ :"~y.j . - „f~'ti. ~ c:' v.~:=::.' ,a r t ~ ~°~y1 `~ATF_ ~n ~itness ~hereof the mortgagor has caused tli~se p?esents to ~•~~.;;~:~t*'`~''?5~~~~ c~ ~ porafe sea~ to 6e ~ereunto aj~ixecl. by ils ~ . . , „ L) ~e execute~ in ils name, an ~is cor proper o~jicers t~ereunlo ~uly aulhorized, ehe day a~~d ye~~ jirsi ahove u~riften. ~ 'I ~ ~ , EDMAR INC. I ATTEST:....._~d~.~11.--~~~l~~~~ i ~ ~cvmfan--- - ~ Signed, s~alecl and ~elivered in (he prnsen~~ oj: ~ : - E ~ ~ f f ---~-`-y'~t - .~i..,..-- - G~.~~i2.,J,--. ~ • ~ .-.i~,t ~ Prn~. ~ ~ ~ . ~ } ~ " ~ ° ~ ~ ~ ~ ~ ~ ~ ~~1~f t~ FLORIDA ~pQn~ Of ST. LUCIE ( ~ 1 HF.RERY CERT11=1' II~o1 on 16is doy. 6rJonr mr. an oJ~inr July authorirrd in t6e Stn1~ aml ('ouNy a~orrwid to talrr uc4noua~~l,q- mrn~:. p..sondly upp.u.n! ~ . ~ EDMUND M. RADKE and DORIS M. RADKE ~ ~~rll L~oun ~o ~ ~0 6. ~6e PnsiJ~nl ~J Secretary ~~N,.~u~Yly o/• d~. ro.~ar~ .b,~l a: ~ ~ mor/pa,qor in Itir jor~going instn~rrKnt. anJ I~af Itirr snvru~ly ac~nouaeJg~ ~xttufing IIK ;omr. in prrxnte o~ lu~o subscribi~ u~il~.ws. (retly ~nd [~o~unturi~r uru~rr aultiorily ~~uly ~wsl~ in Ihem 6y sai~~ cw(wralion ana ttiat Itie sral o~~ir~ Itirrirto i~ Itir Uue ao?porolt srol o~ ~ sni~~ corporntion. ' wrrn'F_CS my r,a~a a,a ~<«;d xd ~~r,~ c~~y ~a s«e a~o,,.~a ~ti„ 1 st day o~ May ~ n. ~q73 . ~ ~ ~ ~ • ~ 11E0 f.NO RENtY fLA. ~ • • ~ S~~ acc~c c~a Ta~s Notar. .ublic, St~ e of Florida at large ~ ~ ~LEp~ tE~ cov~ M~om~ssiog Expires:1~~ 7- 7T ~ ~ acCORr ' ` a~ 3 a o ~ . ~ ~ ~ ~l c ~ ` M~?~ Z ~ ~ ; a ; 253359 ° ~ ~ ~ ~ = e o~~ 2~. r~ ~ , r : . 3 ~F 1979 . v ~ ~o „n~"~,~~'` -~x~ V:~ - - ~