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ancj sl~a~I per~orm, comp~y wlfh an~ atiic~e ~y .~ac~ and et~ery t~e ugreemenls, atipu~aftont~ c-un~itlu~u and
co~~enants lherroj, qn~ ~ t~a mortgapn, fhpn Itita morfga~e and t1~e estafe tiere6y cn?afec~, sti4~~ crase, t~e-_ -
termine and be nuH ~d~~ uot~1. '
~d tf~e mortgo~or henrby f urfl~e~ covenanfa nnd o,~reea to pay promptly when due the E~rincipal and 1
inierest and olher sums o~ money provided jar t~ said note anc~ t{~is ?nortgage, or ett~er; fo ~ay n~~ ~~zd f
sinflu~or ihe taxet, assessments. ~evtes, liahi~tfies, ob~tgaltons, ant~ encumbrancet of every natun on saed pro- -
pe~ty; to pc~rmif. commit or su(fe~ no warte, impairmenf or ~eteriomfton oj soe~ innd or the improvsmenta
therron at any time; to ~PPp (I1P 6utldings now o~ he?ea~ter on said land jully insured ~n a sum oj not Ipss
fl~nn its insurable value
In a rnmpany o~ companies ACCPpIn~~ IO the mo~tgagee, !he po~icy o~ po~icies fo 6e {~e~ by, an~ payab~e
to, snid morfgngee, nni~ in Ihe euent any aum o~ money becomea pnya6le 6y virlue of auc~ inswance the ;
mo?fgagee s/~a~~ {~ave !he rig/~I fo receiue and apply 1F~e same to tl~s tnde6tedness here6y secured, ac-rnunting j
to f~e mort a or o~ un sur ~us; to a rnsls, chc i
g g ~ y p pay rpes, anc~ expenaes, inc~tu~ing ~awyer s~ees nnc~ title
• ~ searrhes, reasonably incun~l or paicl 6y the morlgagee 6ecawe oj the fuilure oJ the moHgayor to promptlr ~
I and ju~~y comp~y wil~ fhe agreemenls, sfipu~attons, c~ondifIona nn~ co~enants o~ said nole nn~ f/~is mortgags, j
ar either: to perjorm, comply w~tl~ and abide 6y each and every !he ag~eemenfs, sfipulatioru, conditions nnd
( rnvenants set ~ortti;~r? snid note anc~ this mortgage or either. ln f~e euent t~e mortgagor fni(t to pay u~he~ i
~ due any lax, assessment, insurance premium or of~er aum ot money paya6t~ 6y virtue o~ snid note and thi.+ 7
~ morfgage, or eittier, the mortgngee mny pay t~e some, without waioing or a~~ecting the optio~ to ~orpclose 4
or uny other rigl~f I~erpunder, and nU such paymenfs s1~QII I~ear inleresl jrom dnte Ihereof at the kigl~ast law- ;
~ (ul ra~e then allou~ecl by t1~e ~ou~s o/ t{~e State o~ Floridn.
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~t any sum of monpy herein re~PRCd ~O tie no! prompt~y paid wit~in thirty c~ays next a~ter
the same becomes due, or i/ eacl~ nnd every the agreements, stipulaUons. conditions nnd c~ouennnts o/ saic~
note and this mortgage, or either, are not (ully per(onned, complied will~ and o6~ded 6y, t1~en tl~e entire
I sum .menfioned in sait~ nofe, and this morlgage, or fhe entire ~ra~artce unpaid tl~ereon, s1~all )orttituifh or s
1 f/~erea~ter, af f{~e opfion o~ t~e morfgagee, become and 6e due and pnpa6le, nnpthing in saicj nofe or ~?erein
~ to 1/~e conlrary nofu•if/~s(anc~in~. Fai~ure ~y t/~e morfgugee to exer+cise nny of the rig~ls or options herein ~
' provided shall not cons1i1u1e a u~aiupr oJ any rigf~ts or oplions uncrer said noft? or f~is morlgage acc?uecl or ~
I~ t{~ereaf ter ac['r[ting. 1
: . . ~
~it ~tttltSS ~h~Of, q ~ ~ ~ `p;~ " ~ /~e ~
1~ 1{~e saic~ mo?f,qagor tias {~ereunfo si, ne an[~ ;Pa nt ~
d ted ~ • ~ ~
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i! /~Qy Qft~ ~MIr `I~SI AE)OPP !l4lHPD. - - ~ ; ;
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RU-MAR INC . a I~lOr~~`°Cqr r~tio
~ Signec~. sealed and clelirPrpcl in Iti~ pr~sPncp of: ' , -
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- - - . - - - By . - - - ~
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- - ~ ~r ,
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j~ ~ Q.ZZC ~C.2~ ATTES y t
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~ Secr surer
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..._''a--~.~-- - . ~ ~ - - ~ - ~ - -
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RE EN WA ARLTO
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' ANI~fE: ZIO-----.-- C-- TON
r= THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALANCE DUE ~
UPON MATURITY IS $4$,676.A1, TOGETHER WITH ACCRUED INTEREST, IF ANY,
AND ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS OF THIS ~
~ STaTE OF FLORIDA, ~ MORTGAGE . !
c:~t~TV ~F ST. LUCIE
I~iEREBY CERTIFY th~t on this day, beEore sne~ an ~
of(icrr duly authoriz~d in th~ State ~forcsaid and in the County aforesaid to takc acknowltdgmenu, p~rsonally ~ppeued
' R. W. CARLTON & MARGARET H. CARLTON , President ar~d Secret~y-Treasurer, .
tively of ~1-MAR, INC. , a Florida oorporatirn and RF~JBII~T ~YI~ CARLT~O[~T ~ A.'Y!~ *
to m~• known to F~ th~ prrson S deurilxd in and who ezrcut~d the (or~qoin; instrument and (~ir~p _.st~t}idW~tlyq~
` _ 4r,.
fx~furc me that oxrruted the same_ **~~~i~j, his wife ~
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WITtiESS my hand and offi~ial xal in thc C:aunty and Stati tast afornaid this il~ dav d~
~ JanuarY. A. D. 19 77. ~ _ `s
' - yt;,~,•! j 't~" .
My commission expires: % - "r:y =
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; . . . . . , . - - - - - - :,~-,_:_=':_~:i..r:'
. . - Notary P~lic ~
State of Florida at Larg,~ . I
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~rrir::=.~., .~:ti~`' ~ .
; THIS INSTRUMENT PREPARED BY: JOHN T. BRENNAN, ESQUIRE '
Brennan, McAliley, Albury & Hays3:ar ~
; Post Office Box 3779 I
Fort Pierce, Florida 33450 ~
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.j ST ' ' " V;~S`A. ~ ~'~I~/1 i
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i; 6LCK ~V~7 PACE ~~3 ~ ~
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