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and shall per(~rm, comply with and a6ide by each and every the ngreemenfs, sfipulalions, corulitions and
covenanta the?eo~, and o/ this mortgage, Ihen Ihis morfgage and the estate hereby created, shall cease. de-
iermine and 6e null and void.
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~ ftie mortgagor tiereby f urt~er covenanfs and agrees to pay promptly when due the prtnctpal and
inlerest and o1he~ sums o) money prouided (or in snid note and lhta mortgage, or eitl~er; to pay all and
sinQular Ihe ta.res, nssessments, levies, lia6ililies, o6ligatiorzs, and encum6rances o~ every nature on saicl pro- `
perfy: fo permif, commit or su(~er no waste, impairment or c~eterioration o~ saic~ ~anc~ or !{~e improvements ~
tf~ereon at nny time; lo keep !he 6uildings now or hereaf te~ on snid land jully insu?ed in a sum oj not less :
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than MAXIMUM INSURABLE VALUE #
in a compnny or companies accepta6le to the mortgaflee, the policy or policies 10 6e i~pld 6y, ond naya6te 3
!o, said morfgagee, anif tn tRe ei~ent any sum oj money hecomes paya6le ~~y virfue o( sucti insumnce Ihe ;
mortgagee s~al~ {~ave Itie rig~t to receive anc~ npp~y the same to the indebtedness hereby secured, accounting s
to the mortgagor fo~ nny surplus: to pay all costs, charges. and expenses, including lawyer's Jees and title ~
senrches, reasona6ly incurred or paid by 1he mortgagee because o~ ttie ~ai~ure o~ f~e morlgagor fo prompl~y ;
ar1c~ ~ully comply with the agreements, sfipulafions, condifions ane~ coue?iants oJ said nole and tl~is mortgage. ~
or eil~er: fo per~orm, comp~y wifh and a6ide 6y Qach and every the agreemenfs, sfipulafions, conc~ifions and ~
covenanfs set ~ortF~ in saic~ note and this mortgage or eitl~er. In the event the morfgagor ~ails to pay when
c~ue any tax, assessment, insurance premium or ottier sum ol mo?~ey paya6le 6y virtue o~ saic~ note and l~is ~
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morfgage, or eilher, f~e morfgagee may pay ihe same. wittiout waiuing or a~Jecting t~e oplion fo ~orec~ose ~
or nny other rigRt hereunde~, and a~l sucl~ paymenfs s6a~~ 6ear inlerest Jrom c~ate thereof af the ~ig{~est jaw-
Jul rate lhen allowed 6y the luws oJ lF~e State oJ Florida.
any sum o( money herein reJerred to 6e not pro:nptly pnitl wifhin thirty days next n~ter ~
tF~e snme becomes due, or ij eac1~ and eupry the agreements, stipula~ions, conditions and couenant: of said
note und tbis mortgage, or either, are not Jully perJormed, complied witl~ and a6~ded by, then the entire
sum mentionec~ in said note, antl this mort~a~e. or Ihe entire 6a~ance unpaic~ thereon, sl~a~l fottluuitl~ or
tF~ereaJter, at Ihe option o~ the morlgagee, 6ecome ancl be clue ond payable, anyt{~ing in snid note or herein
to l~e confrary nolu~ithstanc~ing. Failure 6y t{?e rnort~agee lo exercise any oJ fhe rig{~fs or options herein
provided sha~~ not constitute a waiver oj any rights or options unc~er said nole or this mortgage accruec~ or ~
ttierea~ter accruing. ~
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-A ~ ~R~:rF ~n ~~~n~s ~p~e~~ the mortgagor hos cnused these presents to "
' - '-~j`~~L) be executecl in its name. nnd its corporate seal to 6e I~ereunto a)~ixed, 6y its ~ ~
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~ ~ ATTEST------------------------------~ - WOOD BEARD__AND__ASSOCIATES_~...INC.__ .3
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t Secr~tary ~
; Signed. sealed and dplinered 111 (~1P PSP CP O~: ~ ~
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~ - Arthur F . Wood, P«~;d~„~
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~ FLORIUA j
~ ~OUtltlJ Of `~z-~- l..~c~ =c ~
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~ 1 HEREBY CERTIFY tha~ on ~I~is day. 6r/orv mr. an oJJicer duly nut6wiud in ihe State ond Cour~y aJonsaid to lul~e aciv~ou~[edg- ~
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~ menN, pt?sonally apptarrd ARTHUR F. WOOD
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uwll I~nou~n lo me lo be 11~~ Pr~~Pfil pp]~XXXXXXXXXXXXXXXXXXX?~'~~il+fi~[ o/ the corporation nnmrd as ~
_ mortgago? in ~I~e ~w~going inslrumtnf. aru~ ~hnt ~hPy sererally ac6n~d~d~d rxecu~ing ttie ximr, in ~I~e prexnn oJ tua au6xribing ui~nrssrs.
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(~ve~y onc~ rnluntori~y urukr aulltorily du~y nsted in Ilkm by soid corporolion ond ltial f6~ sea~ of(iztd l{KR(o is 1{~e bur corporalt sra~ o( ~
~ wid cor{wralion. ~
~VR~I~FSS my ~and ana{ of~iria~ sta~ in Itit Coun/y and Slaft ~asl aJorewid ttiis ~ day o~ October,
~ A. D. io 73. " '
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~ pN t73 My Commi"s~$o~'~Exp.~~res ~
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