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and shall trerform, comply with and abide by each artd every the agreements, stipulations, conditions and
covenants thereof, and of 1hi: mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and void. -
~nd the mortgagor hereby f urfher covenants and agrees fo pay promptly when due the principal and
inte?esf and other sums of money provided Jor in said note and this mortgag.+, or either; to pay all and
singular the taxes, assessments, Ieuies, liabilities, obligaflons, and encumbrances of every nature on said pro-
perly; to permit, commit or suffer no waste, impairment or deterioration o/ said Iand or the improvements
Thereon al any time: to keep the buildings now or hereafter on said land (ally insured in a aum of not Tess
than unpaid balance under this mortgagge
in a company or companies acceptable fo the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and fn the event any sum of money becomes payable 6y uirfue of such insurance the
mortgagee shall haue the right to receive and apply the same fo the indebtedness hereby secured, accounting
fo the mortgagor for any surplus; fo pay all costs, charges, and expenses, including lawyers Dees and title
SPaMheS, reasonably incurred or paid 6y the mortgagee 6ecnuse o/ the /allure o/ the mortgagor to promptly
and f trlly comply with the agreements, stipulations, conditioru and covenants of said note and this mortgage,
or either; fo per/orm; .~omply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor /ails fo pay when
due any tax, assessment, insurance premium or other sum o) money payable 6y virtue o/ said note and this
mortgage, or either, the mortgagee may pay the same, without tuaiving or a(/ecting the option fo Jorec[ose
or any other .ighf hereunder, and all such payments shall bear interest from date thereof of the highest lain-
Jul rate then aQou~ecl by the laws of the State of Florida. ~
1` any sum of money herein referred t0 be not promptly paid within 15 days next alter
the same becomes due, or iJ each and every the agreements, stipulations. conditions and covenants o/ said
note and this mortgage, or either, are not fully performed, complied with •nnd abided by, then the entire
~ sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of the option of the mortgagee, become and 6e clue and payable, anything in said note or herein
fo the contrary notwithstanding- Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage acrnred or
Thereafter accruing.
~n witness thereof, the said mortgagor has herettnfa signed and sealed these presents the
day and year first obove u~riften. '
Signe ,sealed td deliv ,.fd i t fh~presence of
A ~
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~ : ` ; • ' / F derick~T . ,t,~rad~ha
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~ illian H. Gradishar
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STATE nF FLORIDA, ~ i
- c(>v`TY OF MARTIN
I HEREBY CERTIFI' that on this day, before me, an
otiicer duly authorised in the State aforesaid and in the County aforesaid to takr acknowiedgmrnts, personally appeared
FREDERICK J. GRADISHAR and LILLIAN H. GRADISHAR, his wife,
to mr• known to hr the pe•rwn$ desrritxd in and who executed the forrgoinq instrument and they acknowledged
before me that they executed the same.
N'IT~ESS np' hand and official seal in the County and Swte last aforesaid this ~ day of
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.April A. n. 19 79. I
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_ ~ • N a y ~ blc State of
V`-~ o ssion Expires : ~ I~1tuI4QE'
_ . ~'1 ~4?,034
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- - s17 2~ P49 .1 y5 My Cc--.-~._.~c~ F~:,:.es C~c_Tbcr 21,193)
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Hax'old Shear, Esquire
%iit Gc~lnunr•nl Frr~ari~/ MacMillan and Shear, P .A,
.~~~~~r?,~ 1074 N . E . Commercial Street
Jensen Beach, Florida 33457 i
Telephone: (305) 334-7377 ~ R
eon ~l7 ~AC~ i6fii ~
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