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and shall perform, comply urifh and abide 6y each and every the agreements, aliptrlalioni, conditions and
covenants thereof, and of Ibis mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and Ire null and void.
Il~ fhP mortgogor hen~by further covenants and agrees to pay promptly when due the principal and
irrleresl~ and other sums of money provided jor fn :aid note and this mortgage, or either; to pay all and
singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: fo perrrtif. commit or strjfe- no waste, fmpai-menl or deleriorofion of said land or the improuemenfs
Iherrc-t of any time: to keep the buildings now or Itereaf ter on said land fully instued in a sum of no! less
than highest insurable value.
in a company or companies acceptable to the mortgagee, the poltcy or policies to be held by, and payable
to, said mortgagee, and in the event any stun of money 6ernmes payable 6y virtue of such insurance the
mortgagee shall have the right, fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surplus; to pay all rnsts, 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 jolly comply urifh the ag-eeme-tfs, stipulations, conditions and covenants o/ said note and this mortgage,
or either; to perform, comply with and abide by each and every the agreements, slfpulalions, conditions and
cot~enanfs set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurance premium or other s~rm of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or of jetting the option to foreclose
or any other right hereunder. and all such paymentsrshall bear Interest from date thereof of the highest lau--
(!rl Mle Ihen all0l/~Ml bV fhP lal/~s Of fhP State Of /-IoridQ.
l~ any sum of money herein rejeRpd 10 be not promptly paid within thirty days next after
the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants of said
nofd and this mortgage, or either, are not fully perjonned, complied with and abided 6y, Ihen the entire
sum mentioned in said note. and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. nt the option of the mortgagee, become and be due and payable, anything in said note or herein
fo the contrary notwithstanding. failure by the mortgagee fo exercise any of the rights or options herein
provided shall not c-onslihrte a waiver of any rights or options under said note or this mortgage accrued or
Ihernafler accnring.
Dn ~t~t~SS thereof, the said mortgagor has hereunto signed and settled these presents the
day and year first al,ove rvrittpn. THIS IS A BALLOON MORTGAGE A'dD T1IE FINAL PAYMENT OR THE ~,
BALANCE DUE UPON MATURITY IS $18,693.15, TOGETHER WITH ACCRUED INTEREST, IF ANY,
Sig ed, sealed and elivere in tlte~ presence oj: AND ALL ADVANCEMENTS MADE BY THE MORTGAGED
U~~E TERMS OF T~ MORTGAGE.
., ~~;;
RICHARD A. WAGNER by Ry~ssell Wagner
(,l. <+-~~. ~ ~~~' his attorney-in-fact. _ _ __ _
I _.. ._. _...
*IN THE EVENT TH); PROPERTY ABOVE DESCRIBED IS SOLD THE OBLIGATION SECTTRED HEREIN
SHALL BECOME DUE AND PAYABLE IN FULL AT THE OPTION OF THE MORTGAGEE.
STATF. OF FLORIDA, i
Ccn~~TV OF ST. LUCIE `
I HEREBY CERTIFY that on this day, before me, an
ottiter duly authorized in the State atorcsaid and in the County aforesaid to take atknowledgmrnts, personally appeared
Russell Wagner, Attorney-in-fact for Rici)ard A. Wagner
to m.• known to Fx- the persons deuribrd in and who executed the foregoing instrument and they acknowledged
{xtorc• rnr that they executed the same.
N'IT\ESS my hand and otticial xal in th~• County and Stair last aforesaid this 8th• day of
Dec~teber A. n. 1980
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• ST.IUaf. CCt~ttTY,fI
ROGER f OITRAS
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r '~G ' : CLERK CIRCUIT Cl'U31
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N tary PulflYc
NOTARY PUBIIC STATF.' t)f fIORIDA
AT WtGE. MY w;~:~.~ ;;u..
E,~IRES IAJ1Y S, 1984
t~Nt»A~~ ~ TERESA PAULEY
AB8T11AC a t:u--
aos i. !O f)T trotrr ltiEnCE. stOnK+a ee~~
BODUt~~~ Pt~E~~
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