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Home My WebLink About0379 and shall perform, comply toith and abide by each and every the agreements, stipulations, conditions and covenant: thereof, and o/ this mortgage, then this mortgage and the estate hereby created, shall cease. de- termine and be null and void. Ii11~ tRe mortgagor hereby jurtRer covenants artd agrees to pay promptly when due 1Re principal and interest and other sums of money provided jor in snid note and this mortgage, or either; to pay all and singular the tares. assessments, levies, liabilities, obligations, and encumbrances of every nature on snid pro- perty; fo permit, commit or suffer no waste, impairment or deterioration of said land or the improvements thereon at any time; to keep the buildings now or hereafter on said land fully insured in a sum of not less than highest insurable value to n company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall Rave the right to receive and apply the same !o the indebtedness hereby secured, accounting fo the mortgagor jor any surplus; to pay alt costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, comply with- and abide 6y each and every the agreements, stipulations, conditions and covenants set fortR in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment. insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the -mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all sefeh payments shall Lear interest from date thereof at the highest law- jut rate then allowed by the tauss of the State of Florida. ~t any sum of money herein referred to 6e not pro:nplly paid within S1Xty days next after the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of snid note and this mortgage, or either, are not fully performed, rnmplied with and abided by, then the entire sum ment[oned tin said note, and this mortgage. or the entire balance unpaid thereon, shall jorthayith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or' herein to the contrary notwithstanding. Fotlure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or Ihereaffer accruing. The mortgagees shall not have the right to seek a de- ficiency judgment should foreclosure Te necessitatedfbut shall look solely to the above-described property for their relief. The default provis-ions contained in the Proppertyy Settlement Agreement executed on even date herewith by Stephan Alex,Judith S.Alex and the Mq c~ar~or herein shall fully apply to this Mortgage and shall be in- j `~ted by reference herewith. G _ • tom" P I - s : i'<i , ; ~n ~ttneSS whereof the more a or has caused these t. (CORPORATE 9 9 presents to ' ~ ~ ~y.t- ~ sEACf be executed in ifs name, and its corporate seal to be hereunto affixed, by its ~ ' _ ~ i, : ~ p p f f 'cers thereunto dal • authorized, the da and year first above written. RIVERHOUSE CORPORATION, a Flo a Cor oration . , Signed, sealed and delivernd in the presen a of : /J~~ ((l~ - - - Ste an H .Alex PrP,;d„,, - - - ~ j f I ~f ~ f L ~ ~tAte Di FLORIDA ~ 3 O` ST.LUCIE l li 1 HF.RERY CERTIFY lltat on this day. 6P(o?P mr, an oJ(inr ddy aulllwised en t11e Store orld Co1u1! t'. y a(oPrsad to loLe «Itrlololedy 't mPnts, personat[y appeorrd STEPHAN H . ALEX 11 ;r IIYII Rr104~I1 IO r11P t0 IlP tllP PlP SIdPR1~~ •p ~r pl Ine COfJ10fOt10/1 fIW/1Pd a! l' mortgagor in IIIP ~oregtrng inslrumrnl, and tllof IIIry xtwdly at[:nouaPdged Pxecuting the salve, in the presence of Iwo w6sait>:ng tui/nesxs, lrrrlr and tdunt«ily ur,.[Pr autllaity duly reslPd in t/iPm 6y said corporation and tI1o1 the sea[ a((ixed tlserelo ix the Ir11e corporate xoI ~ - i i soid corporation. ,v/ WIT~I:~S my tiara[ and of~iriol xa[ in IIIe ~d.nly bad Slote Iase aJorPSaid Ihi! / s ~ doY o~ April { A D 19 8U. "ti-• - ~;;~~nn/.~iu,I,r • i, ? ~e .r- `j Q'ra ..x. Pubiic II . . MY ~ tl(iRtpA Al JOHN E S E~~1G.r a~p~tssfp,t ovrRis sei'r tt w~ W5 Ur~ERWR1t fK 4I Attorney lao~ ' ;.x . , t' 1 ~ v ~ 1 2Q3 S. Incfia~~Ri eTgr~!9G~`,+` y !ln' Ins/rnfur•1d prepnrfd l y: P. O. Sox d332'~'`'~~ ~tthh~_cr Fort Pierce, Florida 33450 g~33o PUCE