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anc~ aFtal~ per(orm, cont,ply u~il~ an~ nf~t~e by ench and every f~e agreer~eents, attpu~atlon's, condittons and
eo~~enants thereoJ, and o~ t?~is mortflape, then this mortgagp and t{~e estate ha~6y created, al~all cecue, de-
tern~tne a~i~J I~e nu« an~ uoicr. ,
11n~ Ihe morfga~or heruby (urthe~ covenants ancl agreea fo pay promplly wl~en c~ue t~e prtncipa! anc~
tnlerest an~ otfier stems o( money provic~ec~ ~or tn aatc~ nofe nnd !~?ts mortgage, or either; fo pay n~~ and
sin~u~ar t{~e I(iCPS, nssessments, ~eufes, Iiabilities, ob~igafions, anc~ encumbrances o( every nature on said pro-
periy; 1o permil, commif or sciJ(er r~o ~i~aste, impairment or deterioratton of satd land or the Impmuement~
lherec~ at any time; to ~PP~ I~IP F~uIl~in~s now or ~erea(ter on said land /ul~y tnaure~ in a sum of not ~est
~hQn NIL
in a compnny or compa?~ies accepfabje to t~e morfguQee, 1{~e po~icy o~ po~icies !o ~e 1?etd by, anc~ pnyable t
to, sai~[ mortgac~ee, arid in the event arsy siu?~ of money 6ecomes Payab~e by virhie of such irtsurance t1~e
mortgagee s~a~I ~ave the right fo receive and apply !F?e same to the indebtedness tiereby secured, accounting
to the ntortQa~or Jor any s~erplus; !o pay n~~ costs, c~arges, ond expensPS, irecluding lawyer's ~eea and ttt~e
searches, reasonably inr~irred or paicl by the mortgagee because o~ the ~Qi~ure o~ !he morlgagor to prompl~y
anc~ jully romply u~il~ fhe apreements, sllpu~aftons, conc~iltons and eovenants oj said note and tht~ mortgage.
or eit~er; !o per(orm, comply with and abide by each anc~ every the agresments, atipu~ations, condiltona and
covenants set ~orth in said note ana this mortgage or eitf~er. ~n Ihe event the mortgagor ~at~.i to pay when
clue any tax, assessment, insurance. premium or otf~er sum o~ money payable by virtue of said note and t~is
mortgage, or eiltier, t{~e mortgagee may pay t~e same, without waiuiRg or ef~ecttng !~e option to ~orecloae
or a~ey olher rlght f~ereunc~er, nncl a~I such payments s1~a[1 bear interest ,{rom date tl~ereo~ at the highest Iaw-
~uI rate Ihen a~Ioiued 6y Il~e Iau~s o~ thc• Stafe o~ Florida.
~t miy sum oj money he~ein re(erred to be not promptly paid witF~in thirty day~ next a/ter
t{ee sar?~e bp~omes due, or i~ eacf~ and every Ihe agreements, stipulalions, conditions and covenants oJ satd
note and tF~is mortAar~e, or eiti~er, are not /ully per(ormed, complied witf? and abided 6y, then the enlfre
aum mentioned in suid note, and this mortgage, or tl~e entire 6alance unpuid lhereon, shal~ forthweth or
f~iereafter, at the option o( the mo:lgagee. 6ecome nnd be due and payable, anything fn said note or herein
to the contrary notu~it{+stnncling. Failure by ~he mortgagee to exerciae any of t{ee rig{~ts or options ~e~ein
provic~~d shal~ not constitute a waiver o( any rights or options under said nofe or lf~is morfgage accruec{ or
lherea~trr accruinq.
~n ~itness ~h~reof '
~ ti~e said mortgaAor hns {eerpunto si~ned and sealed these presents the
~ny anr{ year Jirst abone u~riften.
SIgt1P~, PQIP~ Qft~ ~PItf~PrP~ IR ~~tp PrpSP?1CP O';
. PORT ST. LUC DEVELOPM$NT~C~RPORATION
n~,.- . - BY . ~ .
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STATE OF FLORIDA, ~
COL'NTY OF . ~T. J_u c .
I~iEREBY CERTIFY that on this day, be(ore me, an
offieer dulc authorized in the State aforesaid and in the County aforesaid to tak~ acknowledgments, penonalty appeared
ELYA KIEVSKY, PRESI-OENT OF PORT ST. LUCIE DEVEl,OPMENT CORPORATION
to me known to be the pcrson described in and who execut~d the forrqoinq instrument and h e acknowtedgtd
bcforc me that he cxecuted the same.
WI7'IVESS my hand and official seal in thc County and Stat~~ last aforrsaid this ~~c 7y! day of
December A. D. 19 86. ~
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~ ~ (~seal) ~:~......{.~."Z-~=~~.----..
, • ` TARY PUBLIC
$ : - . : - --My Commission Expires:
~ .
` ~ ~7g9~1 S
~ - I~OiARY PllIILIL STRTE 4F Ft~Ri?A
~ - ~ ~ ~ 'Q~ MY ~OKMISSICM Ex~. MAK, ),193P,
. ' ~ ~ &OMDEO THRU GEKER4L Ik~. Uk~J.
- FIl.EO a! ' ~ .
;
F • - _ "
~ ST. IUCi?~ C:'.'~ ~ ,
~ PREPARED BY .Q.t-~'
~ ~.{ri cF~ TtTtE COtdPANY
t 7E:t2 e, t).S, i r~v^2T ~F. LUCIE, FLORIDA "`WH1Ci!
~ 7'l~is h~snr~~~~~,rr prfpr~ncl hy: ~p~~'7RU?AENT L~~AS PREPARE~ I~CIOEttiIAL TO TFfE
~ ;l clilrixc 1,~i~ i~P, ; Sf A';I'LE I'„~(~fiANCE POLICY." OR ~
~ BK0526 PA~'09~a4
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