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and ~kall pe?~orm, comply with and u6ida by each and every t1~a agreements, atipulations, condttion: and
cov~nanta t?~~roo/, nnd o/ tl~is morfgage, then tht~ mortgage a~d the eatute hereby c?eated, shall ceas~, do-
termin~ nnd ba null and vo~d.
~ the mortgagor f~ereby jurther covenanli and agrwt !o pay promplly w1~en due the principal and
intere~t and other su?ns oj money provtded /or in iutd note and !?~is morteage, or eithe~: to pay all and ~
stngu~ar Ihe taxes, assessmenis, ~evies, liabi~ities, ob~igafloni, nnd encumb?ancea o~ euery nafure on said pro- }
perty; to permtt. commtf or su~~er no waate. impairment or dete?~orutlon oj sn~d land or !{~e improuemenfa
theneon at any time; to keep the 6uildinga now or herenJler on said land Jully insured in a sum o~ not ks: }
~ha~ full insurable value
in n company o~ companies accepta6le to the mwtgagee, ihe ~It~y or poltcies to 6e heid by, and payable
to, snid morlgagee, and tn fl~e event any sum o/ money 6ecomes paya6le 6y uirtue oJ such i?uurance Ihe
mortgagee shall I~ave tF~e rigl~t to receive and apply the same 1o the indebtedness hereby secured, accounting ~
to ttie morlgagor Jo~ uny surplus; to puy a~~ co~ts, c~a?ges, and expenses, inc~uc~ing lawyer~s ~ees and fit~e ~
searches, ?ensonnbly i~curred or paid by fhe mortgagee tiecause o~ the ~aijure of fhe morlgago? to prompf~y j
and ~u~~y comply wil~ the agreemenls, sltpu~ations, rnnditions nnd covenanls of said note and t{~is mortgage. ~
or either: to perjorm, comply with nnd a6ide 6y each and every Ihe agreements, slipulations, conditions and ?
co~enanfs set !orl~ in saic~ nofe and f{~is morfgnge or either. /n !{~e event t~e mo?fgagor ~ai~s fo pny w{~en ~
c~ue any tax, assessment, insurnnce premium or other sum o~ money payab~e by ~irlue o~ sukj note nnc~ lhls ~
mortflage, or eif~er, t~e morfgagea may pay fhe same, wit~out wniuing o~ n~~ecfing fhe option to ~orec~ose `
or any other right hereunder, and nll such payments shall 6ear inlerest (rom dnfe thereo( nt the highes! Iaw-
f uI rnte tl?en allowed 6y the laws oJ the State o( Florida_ ;
a
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~l any sum oj money herein re~erre~ to be no! pro:npt~y paid wit~in 10 days next nf
ter ~
the snme 6ecomes due, or ij each and ei~~ry the agreements, slipulalions, condilions and covenants o~ said ~
note and this morlgng~ or either, nr~ not jully per~ormed, complied wil{~ nnd a6~ded by, then the entire
sum mentioned in said note, and this mortgage, or the enlire 6alnnce unpaid thereon, sF~all jortluqith or ;
ti~eren/ter, at the option o/ !he mortgagee, 6ecome and 6e due and paya6le, anytl~ing in said note or' herein j
to lhe contrarq notwifhslanding. Failure 6y ll~e mortgagee to exercise any o~ !he rig~ts o~ options /~erein i
provided slia~l nof constitule a waiver oJ nny rights or options under said note o~ 1{~is morfgage accruec~ or E
thereaf ter accruing. '
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, ' "'`j~ORPORATE ~n ~~lil~ ~~?e mortgagor ~as cnused !{~ese presents to
" SEAL) expcutecl i ils nnme, and its corporate sea~ to be hereunto a~fixed, 6y <<s =
prope~ of
f
ice thereunto duly aulhorized, ehe day and ye~ (irst above written. t
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I ATTES =~f - r,
./.!-l~~:l~---------------- f.
R.. ~.,....INC
SrcrNaryr
Signed, sealed and deliverecl in tf~e presence of :
By--~~:~~.--.~--------------
; . . . P,+~de„~
! Q f
` R?J tie•~~ 2~ 1'~
s
f u«.`
1 A~ W C~L ~i
sr.L~,~ cr.~+rr.r~ ~
R+.3~.~.R Pt317i~~5
Q~n^!; L.~'~*~ r~T
,fi._rC:%n°: `r ~
~ Of FLORIDA
~ ~OUII~ Of ST . LUCIE ~~S~SO~
~ 1 HEREBY CERTIFY iM~ o~ da, dar. 6~Jo.e ~ o//+«. ddr ~I.a.i~d S~d. a.d Co~ aJw.,md b ioL. «bw~d.dy-
g m`~'~ ~~I~r RICHARD VREELAND and CAROL VREELAND
~
~ ux~~ 4nou~n lo me to be tl~e Pnaidrnl and nspMioe~r o~ ltie oorpnrdion nomtd a
f morigogor in ttie (artgoing inslnunenl. ond t~ol l~er xoera~~r uc~no~ ezeculinp I~t ra~ne. in !tie pnatnte o~ froo su6~cri~inp Wi/nraxf.
(.~Ir o.,d od~ua.;ly ~k. ~~ko.~~r d~ly ~~~d ~n ~I~em 6r sa~d ~o.~.o~~w. a,~d J~ot d~. o//t~.d dk.~rro u J~. u,,. ~wpo.ak ~1 0(
; soid cn.po.mion.
~ Wrl'NESS mr 6o,~d a,~d oj/~ad ,~al ~ d~ C~,.ur ~d Sia~ ln.~ a(a.t„ad ~ ,Z~ ~ dar a/ May
5
n. ~9~.,79.
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~ I1ot y Public, State of Florida
~ - at Large . ~ _ ~-j
~ ~ t4y Commission Expires : c~ ~Dr~
~ ~ ,
~ Spencer B. Gilbert of
~ I%ru L,.cnur,r~,ri prepa,rd by: Gilbert, Dorfman & Orr, P. A.
~ P. o. Box 3388 aeC~X eH19 PAGf 1~~
~ f1~~[~IPSJ Fort Pierce, Florida 33450
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