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' and sl~all pe?jorm, co~nply will~ and a6id. 6y ~h and every the agreemenis, stipulaliona, condittons and
couenanta tl~ereo), and oj il~ts ~ecortgage, then thu mo~t9age and the est4te hereby creuted, sha[[ cease, de-
termtne and be null and void. ~
~ tl?e ~~9aeor ha?~6y jurthe~ couenants and agrees to puy promptly wF~en due tke prtncipal and
inte?eat a~d othe~ sums oj money provided /or tn said note nnd tkta mortgage, o~ ettT~er; to pay aII and
singu~ar !1?~ faxes, asaessmenta, leuies, jiabi~itiea, o6~Igations, nnd encumbrances o( every nafure on snic~ pro-
perty: to permit, rnmmit ~ sul/er no wasfe, impatrment o? deterioration o( said land or I~e tmprovements
f~ereon at any fime: fo keep fhe builclings now or /~ereafter on said Iancl (ully tnsured tn a sum oj not less
thnn
in a oumpany or companie~ acceptn6le to the mortgagee, tlee poltcy or pol~cies to 6e held 6y, and payable
fo, saicj mort a ee. ared tn the event en swn o mone becomea ~
B 8 y ~ y payob~e by i~irtue of such irwurance the
rnorfgagee s{~all f~ave 1he right to receive and apply the same to tke indebtedness I~ere6y secured, accounting 4
!o the mortgugor for any swp~us; to pay a~~ cosfs, c{~arges, a~c~ expenses, inc~uding ~nwye~~s lees anc~ tifle
searc~es, reasona6ly incumed or pnid by t~e mortgagee 6ecause of the jnilure of the mo~lgagor to prompt~y
and ju~~y comp~y wilk the ag~eements, stipujations, eonditions nnd cove~unts o~ snic~ note and t~is mortgage,
or either to perform, comply with and a6ide 6y encl~ and every the agreements, stipulalions, c~ondifions and
covenants set /orth in said note and t~iis mortgage or either. In the euent the mortgagor (ails to pny when
due nny tax, auessment, inswnnce p?emium or other surn oj .noney ~ya6~ by virtue oj aaid note and this
mortgage, or either, f~e morfgagee may pay the same, wifhout waiuing or a//ectertg the option to joa~ec~ose
or nny other right hereunder, and aIl such payr?~enta aleaA bear inlenest /rom date tl~er+eo` at the highest Tau~-
Ju[ rare rleen ctlbwed by tl~e law~ o/ tl~e Srate oj Florida.
~l any sum o~ money herein r%rred to be not promptly potc~ within e~ays next a~ter ~
flie same beco~nes due, or If e~z~h artd eaery fhe agreemerets, slipulalions, condilions and cbuenants of aaid ~
note and this mortgage, or either, are not ~ully pe~ormed, complied witk and nb~d~d by, then tl?e enttre
sum neentioned in said note, and t6is mortgage, or tl~e enti?e balance unpuid thereon, shall /ortluuith or
- therea~ter, nt tl~e option oJ lhe mortgngee, become and 6e due and paya6le, anyfl~ing in soid note or I~erein E
to t~e conlrary notwithstanding. Failure 6y the mortgagee to exercise any o~ t~e rig~ts or optioru herein ~
provided shal! nof consfitute a u~niuer of any rig~ts or options under said note ar thts mortgnge accruec~ or
!?e~e~rea~ler nccruing.
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%~t ~~ri~~ t~ORPORATE fl~e mortgagor as cnusecl t~ese presents to
;;,,~1, y;~ S~~) 6e executed in its name, and its rnrporate seal to be hereunto a//ixed, by ~ts
~j ~ proper oJ/icers tF~ereunto duly nuthorized, the dny and ye~ first a6oue written.
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A'~S'~~~¢w~q~/~'.~./ • - ---.OIL _.INVESTORS_~__.INC
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Si ned, sea~ed and delive 'n t1~e presence o/: ~
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1 HEREBY CERTIFY t1~at tlw day. 6rJo+e me. oJ(ioer y autl~oriud in l1~ S~ate ond C a/orciaid [o (aLe
„~.~x ~.~«a[[r ~r~?~d /~0~,~ ~ q n/!) l~i~f1EG A- /~!~~/iS"t~Y
u~eU ~w~m eo mr to be el~e Pns~n1 and SG~GRET'/l~CY nspediorl~ o/• d~e oory~wuNon na~wrd m
+nortgogo. i?i 11~e /o.rgoing ~narn„a.nr, nnd ~I~a dKr xrr.d(y oclmou.~edg~d ezecvl;.?y dK aame. in e6e pe,rna o/ froo w6,at&ng wune,aes.
1~r~~~a?;b a•d~o.~h d~ly ~,eed m dkm 6y ~d ro.~~a,. o~d ~w a//u~d ~re~o v dk w~ oo.~.ee~ .~l o/ ' ~
W~INESS mr M.~d ~d oJ(u;d ,~t ~ dK Co~r a.~d S~e~ a(o+.~dd el~ ~ 7~'~ dor o/~ q;
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~~O~"• tiOTARY PUBIIC STA1E OF FLOttIM 11T LARSE
° 7~~j'•~••'~'- MY COf.1,Y,ISSiON EXPIRES rE6. 19. 197~
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