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and shall per/orm, comply wtth and abtde 6y each a~d every the a9?eements, ali~ulations, conditio?u and
covenant~ tl~ereof. a~d oj this morteage, ll~en tl~ti mortgage and the eataie hA.P6y c~eate+d, sXall cease. de-
tenntne and be null and void.
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IZI~ the mo~tgagor hereby /urther co~enanta and agrees to puy promplly wl~en due Ihe principal and
interest and other aums oj money prouided Jor tn said note and thb mortgage, or either to pay all and
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stngu~ar the taxea, assesamenb. ~eviea. ~tabi~Ities, ob~igations, and encumbmncea oJ ~+very na~ure on sotd pro-
perty: to perrnit, commit or suj~er no wcute, impairment or cjetertorafion o~ saicr land or ttie improvements
t~ereon at any fime: to ~Ceep fhe bui~inga now or ~ereaJter on said Iand f u~~y insurecr in a sum o( nof ~ess
than
in a oompany or companies occepta6le to the morlgagee, the poltc.y o~ policies to be held 6y, and paya6le
to, said mortgagee, and in !he euent any sum oj money 6ecomes paya6le 6y virtue oJ such insurance fhe
mortgagee shall haue the right to receive and upply tl~e same to the inde6tedness h~>~e6y se~wed, accounting
to !~e mottgago~ ~o~ anq surp~us: fo pay a~~ costs, cti~rgea, ancl expensea, inc~uc~ing Iawyer s f
ees anc~ fitle
searches, reasona6ly incurred o~ ~~d 6y ~he mortgagee 6ecause o~ the (ailure o( the mortgagor to promptly
nnc~ f
ully eomply with fl?e agreements, stipu~atioru, conditions ancl covenants oJ saicj, note and lhis mortgage.
or either; to per~orm, comply u~tth and a6ide by ench and euery t{~e agreements, stipujations, eondifions nnd
couenants set jorlh in sald note nnd this mo?igage or either. In tl~e euent tl~e mortgagor /ails to pay when
due any tax, assessment. insurance premium or otl~er sum o/ money paya6le 6y virtue of saic~ note anc~ t~Is
mortgage, or eil~er, f~e mortgagee may pay the same, without waining or a~fecting f~e option to forecjose
or any other right I~ereunder, and al[ sucl~ paymenls sf~all bear interest )rom date t?~ereo~ at the higl~est law-
jul mte then allowed 6y the laws oj Ihe State oj Florida:
~l any swn o~ money herein rejerred to 6e not prompfly paid within 30 dnys next ajter
tl~e same 6ecomes due, or ij eac{~ and euery Ihe agreements, slipulntions, conditions and covenants oJ said
note and this mortgnge, or eitl~er, are not /ully per/ormed, complied with and a6~dgd by, then the entire
sum menlioned in said note, und fl~is mortgape, or the entire 6alnnce unpaid thereon, shall `ortFuuith or
ihereajter, a! the option oj t{~e mortgagee, 6ecome a~l 6e d~ and ~xiyabl~, anytbing in said note or herein
to the contrury notwitl~standing. Fai~ure by ff~e mortgagee !o excrcise any o~ the rights or options f~erein
pmuided s{~al~ not consfitute a waiver o( any rigtifs or options un~er saic~ note or tkts mortgage accruec~ or
~ t{?erea~ter accruing.
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..x jn ~~l t~ie mort a or has caused t~ese resents to
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, ~,a : O ~,.y • SEAL) be executed in its name,~ and its corporate sea~ to be /~ereunto n~~ixed. by its
' ~ ~ ro er o icers thereunto duI authorized, the da and ear ~rst above written.
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p~ ~~E~~ HARRLSON. LAND_ DEVELOPMENT,-- - C
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Assistant ~~r d/b/a F1aGo1, a joi.nt venture
; Si ned, d d uered re ce o(:
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~ FLORIDA
~ ST. LUCIE
~ I HEREBY CERTIFY I/~at on tlds dny. br/we me. un oJ/ic+rr dulr uut?wrirrd in t?~e Seate and Count~ aJornwFd ~o ta~ ocinou~edg-
a
~ mrNs. D~~~r aPP~'~d
Nat G. Harrison and Brenda Cuberly
~ uYll fnwwn ~o me ro 6e tlee Pns~dent and Assistant Seeretary '"'~'~~'n~r °f~ ~°O'p°'°li°"
_ mwtgagor in t~e ~oregoing i~tttrumtnf. osd l~wt t~ey senrr~~ ac~rnou~edged execuling ttie swnr, in t/~t presena o~ !uo wbsoibing n~ilnrssti.
- (~Ir wd o~o1~,.ya,:lr w~d~. wuM.ur d~,lr or~~d ~ elKm 6y wid ro.~~~~ a,~d J~oe ~,.al aJ/~zed d~neo ~ dk u~,~ ro+~.at. ~l oJ
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so~d co.po.nt~o...
~ N~f7~ESS my t,~d a,~d o/%:d xd c«~~ a?~d s~ ~/~,~d ~ 5th. d~r ~l February
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f ! NOTARY PUS'_''.: ~:'ATE Gf fl;;.- ^.a aY ! ~N~r
~ MY COi;i.il~5~;,r+ .-,~.i':: uS .22. 1475
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~ 600K ~+JV PI~E 5~ . ~
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