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and shall perform, comply u~ilh and abide 6y each and Pvery fhs agreements, stipulationi, conditions and
cat+Pnanls 1hPrPOf, and of this mortgage, then this mortgage and the PstatP hereby created, shall cease, de-
fPrmlrlP and Ire rudl and twirl.
11114 IhP mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interns! and oflter stt?ns of money provided Jor in said Hole and this mortgage, or either; to pay all and
singular Ilte fares, assessments. levies. liabtlifies, obligations, and encumbrances of every nature on said pro-
perly; to permit, commit or suffer no waste, impairment or deterioration of said land or the tmprovemenU
thPrncn of any limp: to IrPPp the buildings now or ?tPfPaftPr on said land fully insured to a sum of not les:
than
in a company or COmpa111P3 acceptable to the mortgagPP, the policy or policies to be held by, and payable
to, said moHgagPP, artd in 1hP PvPnf any sum of money becomes payable by virtue of such insurance the
mortgagPP shall harp fltP right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay all costs, charges, and expenses. including lawyers fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and (ally comply urith the agreentPrtfs, stipulations, conditions and conPnanfs of said note and this mortgage,
or either: to perform, t•ontply u'itlt artd abide 6y each and every 1hP agreements, stipulations, conditions and
('O!'P/tattle set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any fax, assessmrnf, insumncP premium or other sum of money payable 6y virtue of said note and this
mortgnge, or Piflter, ILP mortgagPP may pay fhP same, without waiving or affecting the option to foreclose
or any other right hernunder, and all such payments shall bear interest from date thereof at the-highest law-
f ul rate then allaured by fhP lmvs a( the State of Florida.
any sum of monPV herein rnlPrrPd to I,e not promptly paid within 30 days-next after
f?tP same becomes due. or if each and Pvery the agreements, stipulations. conditions and Covenants of said
note and this ntorlgagP, or either, are not fully, pe?fotTrted, complied with and abided by, then the entire
sum mentionPrl in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, al 1hP option of fhP mortgagPP, become and 6P due and payable, anything in said note or herein
fo 1hP contrary nofu+ilhslaruling: Failure by the mortgagee fo Pxerrise any of the rights or options herein
prot•idPCl shall not consfitttfP a toait+Pr of any rights or options under said note or this mortgage accrued or
therna(1Pr accreting.
~n ~itnQSS ~tiheCeof, IItP said mortgagor has hPfPllnfO signed and sealed these presents the
day and year first abor+P u'riffen.
Signed, sealed and delft+Prnd in the prnsencP of
ATTEST: MGLS, Inc,. -a-.Florida_CorQoraXiotl.......-®
• - - ~ ......r. ~r.O~~j.-
s : ~ecre ary - . '
``~~~s.ttt?~ttn.r?,,, Harold H. Goldman, President
..--1KIT ~ySES:...-- - - - - - _ - - -
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as
~ ~~~l~LORIDA.
; ~ 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
Harold H. Goldman, President of MGLS, Inc., a Florida Corporation,-and Diana
Goldman, Asst. Secretary thereof
to me known to Fx• the persons described in and who executed the forcgoinq instrument and t tj~? acknowledged
lxforr me that t herxecuted the same. in behalf of said corporation.
~Y17 HESS my hand and official seal in the County and State last aforesaid this 30th day of
September A. n. t9 80.
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No ary Public ~ ~
i~ . u ti v N0~/Ytl?1UILK AAIE Oi F10tID/1;+1T~1~' . ~ t (
~ f~ CQMMISSIOH E7t/1tQ tIEC. is-1¢ 1 v R
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5U252'7 ~ .
'!'hu humascnr prpnr?f by: Harold H. Goldman, Esquire tlil~,~/~
A!li/!ru 8028 South Federal Highway BO~e,~~ _
Port St. Lucie, Florida 33452 _
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