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and shall perform, comply a+ith and abide 6y Pach and every the agreements, stipulations, conditions and
covenants Thereof, and of Ibis mortganP, Then this mortgage and the estate hereby created, shall cease, ds-
termine and bP null and void.
end fltP mortgagor hereby further covenants and agrees to pay promptly u+hen due the principal and
interest and allter runts of money provided Jor in said note and this mortgage, or either; to pay all and
stngtrlar ilte faxes, assessmt>rtls, levies, liabilities, obligations, and encumbrances of every nature on said pro-
pPrfy: fo tx>rmil, commit or suffer no waste, impairment or deterioration of said Iand or the improvements
I?terecn a! any IintP; to IrPPp 1hP buildings now or hereafter on said land fully insured in a sum of not less
Than Nip
in a company or c•ompaniPS acceptable to the mortgagee, the policy or policies fo be held 6y, and payable
fo, said morfgaryeP, and in IItP event any sum of money becomes payable by virtue of such insurance the
mortgagee shall Ilal'P the right to rPCeir+P and apply the same fo the indebtedness hereby secured, accounting
to fhP morlgn~or Jor any srrrplrts; fo pay all costs, charges, and expenses, including lawyers fees and title
searches. reasonnbly i?tcu?red or paid 6y flte mortgagee 6ecatrse of the failure of the mortgagor fo promptly
and Jttlly comply u+ifli fhP agreements, sfiptrlalions, conditions anti cot+enanfs of said note acrd ibis mortgage.
or Piflter; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth i?t said note and this mortgage or either. ?n the event the mortgagor jams fo pay when
due arty tatr, assessment, instrrartcP premium or other strm of money payable by virtue of said note acrd this
mortgage, or PIfIIPr, tltP mortgagee. may pay the same, wiihoul wairing or affecting the option fo foreclose
or arty other ricthf hPrPtrnder, acrd all such payments shall bear interest from date thereof al the highest law-
(ul rate Then allowed by 1hP lams of the State of Florida.
D` any sum of money herein referred fo be not promptly paid within 30 - days next after
fhP same bentmes due, or iJ each and every the agreements, stipulations. conditions and covenants of said
note and this morlga~te, or either, are not fully performed, complied with and abided 6y, Then the entire -
sum mert7ionerl in said ?rofe. and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of flte option of the morfgagPP, become and bP due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute n u>aiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n witness whereof, Ilse said mortgagor Itas Itererrrtfo sit)?tPd and sealed fliers presents the
I day and year Jint above a>ritlen. _ ,
.t •
Signed. sealed and de ' ~retl ir) the presence of
_ :.•1".~.r: rich,
•,J ~ t•;
~ GEORG .EDERI _ COi~STR ~
BY r't
'7'*~
. .a~~
f
~ ~ -
I STATE OF FLORID:1, ~ j
~ i CO['X"1~1' (rF ST. LUCIE ~
E I HEREBY CERTIFY that on this day, beforr me, an
i~ officer ciul}- authorized in the Starr aforesaid and in the County aforesaid to take acknowtedgmenu, personaily appeared
t
to m.• known to he• the p~•rsong described in and who executed the toregoinq instrument and they acknowledged
i
I„•(or~• me that they executed the same.
~~~Il \ESS rn)• hand and official seal in th~• County and State last aforesaid this : . day of
~ .i/,L-x.~c-R ~ A. D. 1980 li ~'ji ti~•~ ~ f+'
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= ?Totarv Public :rA"'~.
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a 1900 JAk -1 QN t~:'S4 `~~-,~~J.+'~d'~l~'.~~.l.Ci'>•"G~~
filEO RHC nECL'fiUF~ I ~G4'' ?
sL``UCiE coUNTY.FIa. I'~Y COMMISSION EXPIRL~3,.
l RQGER POItRA5 t+lot~unr ruwcsuTeof~t~ i~
Ct.~RK CIP.CUfTq~G ' .i MY COMNU5510NEXMRES ~2,t~~3 \n (b~
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4'716'~~
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E{323 Pj~E 945