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- and shall perform, comply u)ifh and abide by each and every t~ " 'anti, ~~jpgli`ioris, conditions and
cote??atts thereof, and of this murtgaue, then this mortgage and the estate hereby created, shall cease. de-
termine and be null and void.
~nd~the mortgogor hereby further cotenants and agrees to pay promptly when due the principal and '
interest"and otl?er sums of mo~tey provided for in said Hole- and !Iris mortgage, or either: to pay all and
singular fhe taxes, assessments, levies, Ifabililies, obligations, and encumbrance: of every nattu•e on said pro-
perly: fo permit. commit or st?f
ter ?to u)asle, impairment or deterioration of said land or the improvements
tltt're(•r? of any time; to beep the buildings now or hereof ter on said land fully insured in a sum of not les:
than full insurable valu
i/t a I-ompa??y or compa??ies at•cepfab~e fo fhe mortgagee, the .policy or policies to be held by, and payable
to, said mortgagee, and in fhe event any sum of money becomes payable by virtue of such insurance the
mortgagee shall hate the right fa receive and apply fhe same to the indebtedness heref~y secured, aceounftng
to the ntorfga!ior for any sttrpllts: to pay all costs, charges, and expenses, Including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure o/ the mortgagor to promptly
and folly t•omply u)ith the agreements, stfpttlations, conditions and covenants of said note and this mortgage,
or either, to perform, comply u)ith and abide by each and every the agreements. stipulations, conditions and
covrrta?tts set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
dtte arty tax. assessmr??t, insurance premium or other sum of money payable by virtue of said note and this
mortgage. or either, fhe mortgagee may pay fhe same, without u)niving or affecting fhe option to foreclose
or any other right here??nder, and all such payments shall bear Interest /ram date thereof at fhe highest law-
ful rate then allou)e(1 by fhe lams of the State of Florida.
~??y st?m of money f?erei?? referred to be not promptly paid within thirty days next alter
fhe same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and Ibis mortgage. or either, are not fully perfor?ned, complied with and abided by, then the entire
st?m mentioned in swirl note, acrd this mortgage, or the entire balance unpaid thereon, shall forthu)ith or
thereafter, of fhe option o/ the mortgagee. become and be due and payable, anything in said note or herein
to fhe contrary nohr?lhsfanding• Failure by fhe mortgagee to exercise any of the rights or options herein
prodded shall not constih?te a tnaiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
,,.~~uil III?~(
~n ~itneSS ~hereoE, the sold mortgagor has hereunto signed and sealed tb t tlFO~,
. day a?Id year f I?St abate 11'rlften. r
. . ~ G.
Signed, sealed and delivered in the presence of : PERGUS DEVELOPMENT, INC.? ;
~ - ~ _
a Florida Corporation -
_
.-(CORPQRATE SEAL-j - - - - _ - _ - - - - ~ ,
. ~
r "
.
c~:
- - ---By: C. rent .Ebner, Prei#ir~Ei~`C
- -~:~q... ~r.~..__.. - - - --------------------------tom
~ .
~ .
STATE OF FLORIDA,
Ct7C'\TY OF St. Lucie
I HEREBY. CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
PERGUS DEVELOPMENT, INC., a Florida Corporation, by C. TRENT EBNER,
President
to me known; to Fx the person described in and who executed the fongoine instrument and he acknowkdAtd
ix•forr me that hP executed the same.
~~'17:\ESS my hand and official seal in the C:crunty and State last aforesaid this 21St , - d7tr- d
March A- D. l9 S0. `~f, ,T-•
l c l l" ~ -
-State o - Floi a~ -a~ , e
g
p81 MAR 2~t P!1 r 16 i G_ • . ~ . -
t>atnn~ rttn,c szwrf a i~1taE ~
f•'~ki? a,~ r} t• Mr GOM?MISStON EAYtt:` ~ ~0 191a~?-'~.
ST-i>T~ CY:AiIY.t1 A_ ~,pEp tHINJ C~ftvfR3! , .~~i~
ftt]i6fR i?'O~iP.A~
4t~06?01
C.R. McDonald, Jr., Esquire
~biJ Lwnunnt~ prrpnr-I/ hy: 1600 S. Federal Highway "
,~(/,>,rxt Fort Pierce, Florida 33450