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and ahall pe?Jorm. con~ply wi~h and a6ide 6y each ond ei~ery th~ agntment~, ~tipulutiona, conditton~ and
covenan~~ il~ereo~, and oj t1~1s mortgags, tl~en this mo?tgage and ~I~e e~tate k~ro6y created, ~hall cvws, d~-
termine and 6e null and void.
If1NL the mo?fgagor ~en~6y /urlher couenanb and agreea to pny promptly when dw th~ prlnctpa! and
inte~r~f nnd olher sums o~ money provided (o? in safd nots and lhti mortgnge, or either: fo pny aU nnd
stngu~ar the tnxes, auesrmenta, l~viet. ~tubi~ities, ob~igaftons, and encumbr+ances o~ e~ery nafun on sntd pro-
perly; to perm:t, c~ommit or suj~e~ no wcufe. impairment o~ deterlonation o~ satd land or fke improvemenb
Ihereon af any tirne: to ~eep !he bui~ings now o? 1~ena~ter oR aaid land ju~~y insured t~ a sum o~ not ~eu
el~an TWO THOUSAND SIX HUNDRED THIRTY EIGHT DOLLARS --32/100---------
tn n company or rnmpanies acceptab~ to fhe mortgogee, f~?e po~tcp or po~iciea to 6e I~eld 6r, a,~d ~ra6l.
to, satd mortgagee, and in ftie euent nny sum of money beeomei ~ya61~ 6y oirfue o~ sac1~ insuronct th~
morfgagee stia~~ tiave tke rtgl~t to recetas and apply t1~e same to tl~e inde6tedness I~ereby recured, acc~ountir~g
fo the mortgagor for any surp~w: eo ~y nil ~u. charges, and expenses, inc~uding ~awyeri ~ees ontj til~
seare/~es. rEwaona6ly tnc~anKl or pnid by ll~e mortgagee becawe o` th~ ~nl~uro o~ fke mo?tgagor to prompt~r
and f u~~r comp~y u~tf1~ !he agreemenb, stipu~ntions, rnndit~ons and covenanfs o( said nole and ehts mortgog~.
~ or eif~er: to pe?~orm, rnmply witR and a6tde 6y sacl~ and every the agresmenb, stipu~atlons, candttions and
covenartts sef forll~ in said nolo and f~iis n~ortgage or eilke~. In tl~e event f1~e mortgngor (aiG to pay when
due any fax, assessment, insurnnce promium or oll~er sum oJ money pn~ble 6y virtue of =uid note nnd !1?ii
morlgnge, o~ either, t~e morfgagee may rxiy el~e snme, w(lhouf waiving or a~~ectfng the oplion to ~orec~ose
or any otl~e~ rigl~t f~ereunder, and aIl such puymenti ahall 6eur interest from date thereo/ at the I~tgkest law-
~ul rate fhen allowed by the lawi of lF~e Stafe o/ F[orida.
~l any sum oE money he?ein re(erred to be not promptly paid wittitn daps next af
ter
thp same 6pcomes due, or if eac1~ and euery tl~e ngreements, slipulalions, rnnditiona and covenants oj aaid
note and this mortgage, or either, nre not /ully perjormed, complied witk,~and a6ided by, then the entire
sum mentioned iR aaid note, and t1~is mortga9e, or t6e entir+e balnnce unpaid tl~ereon. :f~li Jorei~~,i~h or
tl~erea~ter, at the option oJ tl~e morfgngee, 6ernme ~d 6e due and poya6l~, anyll~ing in sntd note or he?ein
to the conirarq notu~ilhatanding. Fnilure by t?~e mortgagee to exe~+ciae anr o~ fhe rig~ta or optfons he?ein
provided shaU not consfifufe a u~aiver o~ any rigi~fs or options under.said note or f1~it rno?lgnge uccnied ot '
Ihe~eaJter accruing.
~n ~~L11~ ~1~~~`~ the said morlqogor has tiereunfo signed and sea~ these presenlt f~e
cjay an~ year (irst a~?ove u~ritten. ~
Signed, sealed and delive?ed in f e presencn o~: ~
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_ ..._~f . . ~ _ .
Edward G. Rauch
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STATE OF FLORIDA, ~
courrrv oF St. Lucie
I HEREBY CERTIFY that on this day~ betorc me, an
o(ficer duly authorized io the Sut~ a[or~said and in tht County aforesaid to tak~ aclcnowkdqments, penonaUy appeared
Edward G. Rauch
to me known to Ix t}ie person described in and who esecuted the (orcqoing instrument and acknorrkdsed
be(orc me that executed tlie sama _
WITNESS my hand and otficial seal in the County and Sute last atoresaid this 29 f d~r ~
june A. D. 1979 ~-~,,n;,;'-.•:::y , :"•:J,;:'
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RLs=R PCITK~S
~ QEStK Ci~G'Jlj CGJ~1:
~ l.~iT rr f~ 9f. ~'l~/= - .
~ FiC~itU
~ T/~is I,w,r~„~c~rr prcpn.ca by: jackie Talamine +iR
~ a~j~x 31~ ~au~ 9?5
~ ,q,/~,~ First National Bank of Fort Pierce
~ P.O. Box 970, 300 S. 6th St. , Ft. Pierce, Fla. 33450