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and shall ~~er/orn~, camply n itl~ und ul,idcs 1?q curh u?i~l ca•r~ flu~ u~r~•~~»~c•?~f.,, s~iptrlulio~u, cu?~dilioi~s and ~
co~:erutnts tl~ereo/, and o/ lhis ~nurt~u~e, lhen d~is »iurt;~u~c ~i?ul tlur estut~~ licrrl~y rreu~ed, shaU cec~.se, de-
terminc and l,e null a?u! void. ~
~ Nt¢ mort~aror )~creby /urther couenanls a?ul u~;r~~es to jwrJ J~rn~npfl~ tchen due t1~e principul arul
interest and other sums of nronci~ ~~rooi~led /or in sui~l note arul tl~is r?~ori~a~e, or eit)~er; to ~wy otl and ~
sin~ular the tares,.assessme~~is, leoicx, liuLiletics, oGli~;nti~,~~.t, u?ul encanrLrunCcs a/ eccry ~wturc on suul pro~r
e?t~; fo pcnnit, com?r~it or su~cr na uuste. in~~~airmcnt or deteriaration o~ suid luntl or N~e in~Nrovernenfs
tl~ereon af any time; to keep tlie Luildi~~~;s now or hercu/ter on suid lund /u11~ i».s~~rcd in a s~un o~ not less
tl~an ~ Three thousand~five hundred and no/100
in o com~wn~ or cvmpanies ucceJ~tuhle to the »iorf~;a~;ee, tlie J~olici~ or ~~olicies to be l~eld hy, and }wyable
to, said ~nort~;u~ee, an~! in t?ie ece~~t an~~ s~~rn of monei~ becomes ~xryaGle L~~ virlu~~ of such i~~.n~rance N~e
mortgagee sl~a1! )~aue Nie ri~;ht to receie;e and u~~pl~J Nie .cau~e to tl~e indebtedness I~ereLJ secured, accountin~;
to N~e n~ort~a~or for any surplus; to ~wy ull casts, clwrhes, u?ul expe?ues, includin~ lau~~~er's• /ces urul title
searcl~es, reasonabG~ incurred or ~xted by tl~e u~ort~;u~;ce /?ec~aeis~e of, tl~e failure o/ the ~nartgagor to ~~romptly
arul fully coni~~Iy ~cith Ihe u;;reer?~ents, stiputu~ia~~.s, corulitio?4s an~l coue~iunts of suu~ nofe ~nd t1~[s mortga~e, ~
or eiN~er; to j~er/onn, cotnplq «•itl~ nnt! ubide l~y each ~rnd ccery N~e u~;reemen~s, stiptrlatioru, co~ulitioru a~id }
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covenants set forNi in suid note u~ul d~is morthu;;e or cithcr. M d~e eucnt tlre n~ortgogor fnils to Jwy ici~en
due any ~a.r, assessment, instrrance preu~ium or oN~er sur?i of ?no~icy ~w~~able li~~ virtue of said iio~e mul t1~is
mortga~;e, or eitlier, ll~e ntorttia~c~e mut/ ~wy the same, u•itliout iruiuinh or aQecting the oJ~tion to foreclose
or anJ otl~er ri~;ht here~nuler, nrul atl such Jwyments shall l~eur interest froui date tl~creo/ at the lu~liest lau--
ful rute ilren allou~ecl by t1~e lau;s of tl~e Sta~e of Florula.
any s~r~n of mone~ 1?crein re%rred to be not promptlt/ JMid ~cithin thirty days nexf aftcr
tl~e san~e l~ecomes d~~e, or i/ eacl~ anrl euery N~e a~reeuients, stipula~ioiu, coiulitio~u a~ul couenants of said
note uiu! ihis mort~a~e, or eiN?er, are not /~~ll~ perforn~ed, co?nplied u•ifl~ a~ul n~iicted btJ, then tl~e entire
s~u» vicntio?ied i~~ said ?wtc, nrul t/~is mort~t~~P, or the entire buluncc anlwu! thcreon, shall Jorth~cith or
therea~ter, at d~e option o/ the mort~u~;ee, Lecome un~! Le due arul Jwr~able, nnything in said note or )rerein
to the contr~n~ nohcithstandinh. Failure by Nie mort~a~ee to exerci~e mi~ o/ the ri~;hts or options l+erein
J~rouided sl~ul! not cor~.stitute a iraicer of am/ ri{;I:Is or o)~tions uruler said note or this mortbage accrtted o~
thereaftcr accniinn.
~n ~itness ~hereof~ tlie snid mort~;u~;or has liereunto se~;ned nn~l sealed these ~~resents t)ie
day arul :~ear ~irst abocc u-ritten.
Si~;ned, seal I ond dcliuercd in the presence o/: ~
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~ STATE OF FLORIDA, ~
~ cou~-n oH sT. LUCIE
1 fiEREBY CERTIF'Y that on this da~~, lmforc mc, an
~ offi~rr dul~• autM~riud in t}xr titate .aforc~aid and in the Cnunty afc~msaid to t•r~:e acknuw•1cdKu~ents, ~rwnall~• appcared
~ - i John R. Chisholm and Juanita Chisholm, his wife
~ tu ~ui~ k~N~~cn tu iw Ih~• ~x•ru~n S ib•u•rilwil in :u~~l n fw~ r~~Y nl~vl tIN- fun•,uin¢ in.tnuiH•nt :uul they :ICI.IN)\CItYIA('(I
~ Ix•(um mi~ th.~t they ~•~~~~~utctil ihi• ..uin'-
~ l1'll~\1'.1S un Ic~ud :in~l nlliii:~l .i~.d in tL~• G~~u~h :~n~l tit:d~• I:~~t :Jur~.:u~l thic ib~l da}- of
~ May 1). 1!)75~
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