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and shnU perform, comply with and abide 6y each and every the ogree/nent, stipulations, conditions and
covenant thereof, and o/ tht mortgage, then tht mortgage and the estate hen6j created, shall cease, de-
tenNae and be null and void.
• the mortgagor hereby /urther eownanta and agrees to pay promptly when dw the principal and -
interest and. other auras of money provided jor in said note and this mortgage, or either: to pay all and •
singular the taxes: assessments, levies, liabilities, obligations, and encumbrances of every nature on ,std pro-
perty; to permit, commit or suffer no wwfe. impairment or deterioration of said land or the improvements
thereon at any itme: to I:eep' the buildings now or herenjter on said land. fully insured to a sum of not leas
tkan its full insurable value •
in a company or companies acceptable to the mortgagee, tke policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue o/ such insurance the -
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surplus; to pay all coats, charges, and expenses, including lawyer i jse: and title
seae+chea, reasonably tacurred or paid 6y the mortgagee becawe of the jailtu+e of the mortgagor to promptly
and fully comply with the agreements, atipulatians, rnndtttons and covenant of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreement, stipulations, conditions and
covenant set /orth in said note and tht mortgage or either. In the event the mortgagor jails to pay when
due any fax, auessment, insurance premium or other sum o/ money payable 6y virtue of said note and fht
mortgage. or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from dote thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida.
any sum o/ money herein referred to be not promptly paid within thirty days next after
the same becomes due, or if each and every flle agreements. atipulotions, conditions and covenant of said
note and this mortgage, or either, are not fully perjorneed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jorfhtvilh or
thereafter, at the option of the mortgagee, become and 6e due artd payable, anything in said note or'herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercte any of the right or options herein
j provided shall not constitute a waiver of any rights or options under said note or tht mortgage accrued or
.thereafter accruing.
~ W~
493280 tl~
ST.l~TRA~
t~~R1I ~tCIXT COURT
I ~ O(CORI°ORATF_ salt) ~n ~~uf~ ~~Qf he R 1'C~FIEO-_- -
f rr~$a$or as caused ese presents to
SEA[) 6e executed in ifs name, and its corporate seal to 6e hereunto of
fixed, by its
~ proper ojficen thereunto duly authorized, the day and year first above written.
f
- -
~ ATTEST: -Lw~-~i!h--LLa~~f,4~--~y/, - DICK ALBERT ELECTRIC, INC .
s~l.ry a Florida corporation
Sign sealed deli in t e presence of : _
- B ~ r 'i
i•
. - n
RICHARD M ALBERT r ` y
~ o t S~r~ { : ~ '
- ATRICIA ALBERT • ' ~ ~
` ~
FLORIDA t
~V~~ Qf ST. LUCIE
4 1 HEREBY CERTIFY IMI on 1)u, doy. 6.lon e,r. a„ a,,,l~ ~o,,,,,~ 1o bj,~
E I oll~r ddr w.elorirsd in I/~e State ord C
q anMs, penwrwlly appeared Richard M. Albert and Patricia Albert, his wife,
individually, and as -
XiCXX~iC7inXOC~ President and Secretary ~ , respectively of the oa.poral:on rw~wrd
morlgagar in tine /ongoing inslrumenl. and llwt Il~ey srorrolly acivw4riedged execNting Ibe seine, in Ilse senor
pre o/ Iro~o subsail,ing witnesses.
j /.,rely and palunlardy urul4r aul6orily dair nested_in tlern l,y ,aid corpoeotion ar.d_tlwt tlK -,cal o//iced IGneto is tl~e e.w ooyarol. s..! of
said corporotian. - - - _ f - _ -
WlfNES$ my /.and" and of/idol scot in Ilse Caun/y and Slel~ last aJ«+ned- flits- 1:7~1ti ~ of J111y I
A. o- 1980.
My commission expires : -
a. ~
..Y
N arm %~'-..}~.•,q^~ : _ - -
State- - '^~~L~~ e
j tiR ~atttc~ ~~si~i ~t
cj•)5 PAGE JV~
3QOK ~ ~~~'1i~.3~. 15133 ~
~ -~inrttuttlt+~+```'~ 1
!leis Lwna~rfitl ptrpnrrd ROBERT J. GORMAN, ESQ.
- Post Office Box 3779
Fort Pierce, Florida 33454