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ond shall per/orm, comply with and a6ide 6y each and every Ihe agreemenls, :ftpulalions, condilions and
covenants tl~ereo~, and o~ this mortgage, Ihen f{~is morfgage and ~he eatate here6y c-eatecl, sl~all cease. de-
termi~e and 6e null and iroid.
~d the mortpagor I~ere6y jwther covenants and agree~ to puy promptly when due f1~e princtpal and
inferesl anc~ ol~e~ sums o~ monpy provicled ~or tn saic~ note one~ this mortgage, or etther: to pay o~~ anc~
singular the ta.res, assessmenls, le~~ies, lia6ilifies, obligations, and encum6rances o~ eoery nalure on saic~ pro-
perly: to permit, c~mmit or sujJer no wa~te, impairment or deterioralion o~ said la~d or fhe improvemenls
fhereun nf any fime: to keep Ihe bi~ildings now or kereaf te~ on said land jully insured tn a sum o) no! less
~han full insurable value .
in a company or companies accepta6le Io the mortgagee, the policy or po[icies to 6e held 6y. nnd paya6le
10, said morlgagPe, and in ~he e~~en~ any sum o( money 6ecomes paya6le by virtue o/ such insurance fhe
morlgagee shall havP Ihe right to -eceive and apply thp same to the indebledness 6ere6y secured, accounting
to II~e morlgago~ ~or any surplus; to pay a~~ cosfs, cha-gPS, ant~ expenses, inc~uc~ing ~~wyer s(ees and til~e
search~s, reasonab~y incurrec~ or paic~ tiy Itie mo~lflagee because o~ Ihe ~ai~ure o~ fhe morfQago~ to prompf~y
a~ic( ju~~y comply u~it~ the aflre~menls, stipulations, concrifions an~I couenants o~ said nofe anc~ this mor(gage,
or eiiher; to pei(orm, comply u~ith and a6icle 6y each ancl every Ihe agreeme-~ts, slipulafions, condilions and
cot~enanls set ~orlh in saicr nofe and itiis mortgage or either. ~n the event I~e morfgagor ~ai~s !o pay when
c~ue any fax, assess-nent, insurance premium or of~er sum o~ money payn6le 6y vi-tue oj soi~ note and t~is
morl~a~e, or eit~er, fhe morf,pa~eP may pay t~e same, wilkout waiving or nJJecting the opfion 1o f orec~ose
or any ofhe- riy~f hereuntler, and all sucl~ paymenls sl~all 6ear interesl from c/nte thereo/ af the 1-ighest ~aw-
~ul rate ~hPn allvu~c~l by 11~p I~ws o~ the State of Florida.
~~ any sum o~ money I~erein re(errecl lo be no! pro:npt~y paic~ wit{~in 1.5 days next alfet
the same 6ecomes due, or iJ eac{~ and every the agreemenfs, stipulafions, condilions and covennnts of saicl
note nnd t/~is morlgage. or Qit{ier, are not Jul[y perjormed, complied with and a6~ded by, then the entire
sum menlioned i-i said note. an~ this morf~af~e. or Il~e entire ba~ance unpnid thereon, shal~ ~ortluqifh or
thereajler, at the opfion o/ the mo-tyapee. become and be due and paya6le, anylhing in saicl note or'6erein
to the contra-y notu~ill~standing. Failure 6y fhe mortgagee to exercise any oJ !he rig~ls or oplions ~e~ein
provi~ea s~~o~~ not constitute a wai~~er o( any righls or opfions uncjer snic~ note or ftiis morlgage accruec~ or
theren~ter accruing.
. `
(CORPOR.ITf: ~n ~d~tness QOl f{~e morlgagor ~as causec~ these presenls to
S~:AI.) be exerotec~ in its nnme. and its corporafe seal fo be {~ereunto af/ixed, by its
proper of Jicers tF~ereunto duly au~horized, 1{~e clay and year jirst abo~e wrilfen.
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~rcretary
$ig/[e~. sea~~cl an~ ~~~ivet~cl in 1/~P prPSence o~:
FLORIDA..OCEAN._ VZEW. DEVELOPMENT~ I~ rC.
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B> ----Hef~nric en~hai, - K~ . ;h.~ ~ .
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S~ (}9'78 . €~ ~ v :°~'~~ = .
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FillCsNC~~CO~G~i' • ,,^~t+~t;:H:~,,~ .
Si_LUCiE GO'1Ni1! ii A. ~~'yy,;:i~i,~~~ a~``° .
R~GER POITRA5 ~ ~-s~
~~te 0~ FI.ORIDA Ct~P.K C:~,~uc' ~O~yi~ .
R".C~?'.' ~" ~'~:' . q~ ~x~s~ _ . .
~ounty of ST. LUCIE - v" - '
1 HFIZF:RY CFRTIFI' t6u~ on dus doy. 6~/orr m~. m o//ic~r d~.fr au~horiud in tlv Stde ord Counry a(orrioid ~o ~a1re oc6wmleJp-
nanf!. (xrsonolly o,.,N~.r.~ Henrich Gruenthal
ur~~ 6noum lo nr to ~.e I~v ~'rrs~~vnf an~ SecretarY nsprctir.l~ o~ J~ carporolian nomrd as
mortgago- in 1~~ ~o-rgoing instn.mrnl. an~ t~al lti~y x~~rra~~r at~nouae.~g~ rxecWinq Itit snme, in Itie pnfenn o~ (u~o fubf[~i6ing wilntssts.
~-ee~v aru~ ev~entun~y uru~r nuttiorilY r~u~y t'~ale~ in I~m ~y wid tor{wralion ond I~al I~t ~to~ o+~ue~ Ititnlo is f~e trw !orpwdt ~ta~ o~
soi~ cwporalion.
<~~R1~F_SS my hun.~ um~ o~~irio~ seo~ in Itie ~ounly and $la[e !w! a(onwid t~is 17th do7r o( December
A D I~ 80 -~/
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THIS INSTRUMENT PREP!':RE~ BY: K~. ". ~ ~ ` • ~ • ' .. :Y; ~ r 7°~'~i ~ ,~~ .• -
Joseph J. DeR~ss. Jr., F-~.. of fi'., .~ . ~- . _ • "~z~t ~?~~t a ; ~~_
~:~~ L~ A.:.r._~a ir a.'..a>-!,.~+~'P~M~" , ' ~' -
Fee Koble~ard & Tee;, f'. A. - ; r ~ ~~ ;', - -
, : ,,. .._ , N : ,
~ilii~ /ii~~nirir~-irl pnp~~mrl 1y: P. O. B~x 1~~~0 •. :
Fort Pierce, ~";enda 3 ~:•- $G~X3~5 P:6E ~ ' `~~'';••«•-~: ~
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