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~ and s?iall ~~er/orm, co»~1,h/ uitb uru! aLidc e~uch und ccc~r~ N~c u~;reciiic~~ls, stipt~iutic~iu, curulitio~u atut
covenants N~ereo/, and o% N~is u~ort~u~;e, then fhis v~url~;a~e atul llie estatc hcre~hy created, sliall cease, de-
terrnine and be nul! arul ooed.
~ the mortga~or )~erel~y jurther cocerwnts a?Kl ugrec~s to Noy prornplly when due tlie J~rinctpa! and
interest anef otl~cr sun~s o/ mo~u y prouule~l /or in soid iate aul this mort~;uge, or either; to jwy ai? anci
sir?gular f)~e taxes, assessr»e?~ts, leuies, liwLilitics, obli~;ufio~u, u~nd encY~mbrpnces of euery rwture on suid prop-
' erty; to pernift, com~uif or s~i~er no icuste, irri~wirnient or lleterioration o~ said laru! or the improvements
i thereon at any iin?e; en keep the huit~/in~;s noic or l~ereu/~er on snu! laru! jully eru~t~rcd in a sum of not less ~
~ than
: in a comjwny or comJwnees acceptal,le to the n~orl~;a~;ee, t)~e ~~olFcy or ~,olicies to be liekl by, arul ~wyable
to. saul mortga~ee, aral in the euent uny aYirn o/ rna~ey becomes ~wyub?e !,y virfuc o/ such iruurance the
mortga~;ee shall haue N~~ ri~;ht to receiue o~ul apply the some to d~e indebtedness I~ereLy secured, occounting
to ehe mortba~;or jor an~~ surplus; to pay aIl cosfs, charges, mul expenses, including luwyer's fees a?ul fitle
searchcs, ieasonaGly incuned or paic! l~y tlie mort~;o~;ee l~ecaus~e o~ the failure of tl~e mortgagor to promptty
and fully cornply icith d~e agreements, stipulatio?u, corulitior~.s a?ul covenants of saul note Qrul t)~is mo~t~age,
or eed~er; to perjonn, comply irith nnd abide Gy cuch arul cuen~ tl~e agecments, stipulatioru, corulitions nnd
couenants set /orth in said note arut this mart~;age or eitlier. ln the event the moregagor fnils to jwy when
due any tax, assessment, iruurance ~nemium or otl~er sum of money JwynGle by vfrtue of snid note and this
mortgage, or eitlier, the mo~tgagee ~nuy ~wy the same, u.yN~out u•aivin~ or aeecting the option to foreciose
or any odrer ri~ht hereuruler, nn~l all such }~ayments shol! liear i?iterest from dale thereof ot tl~e hi~hest Iuw-
~ul rate tl~en Qlloued Ly Ure lau;s of the State o/ Flartda
any sum o/ money herein re%rred to be not prompNy jwul ~cithin ~~rtY days neart ufter
ihe some l~ecomes due, or if each and euery tlee agreements, stipulatior~,s, conditio?u und co~enants of said
note und this mortga~;e, or eit/ier, are not fuUy j~erformed, complied icith arut ahule~l by, then the entire
sum mentioned in saul note, and this mortgage, or the entire lialance unpaicJ thereon, shoU forthwith or
thereafter, nt the oJ~tion of the mortgagee, Lecome and be due arul Jxiyable, nnything in said note or herein
to ihe cont?an~ notu:ithstanding. Failure !~y the mort~;ogee to exercise any of the rigi~ts or options hesern
prouided shnll not constihde a uaioer of any ri~;Gts or optioru under said note or this mortgage accn~ed or
ti~ereafter accruing.
~n ~llC~Ol~ the said mortgutior has hereunto_si~ned a~ui sealed lhese presents the
clay and year firse al~ove ~critten.
Signed; se~d and delivered in the ~~resence of: c o~
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STATE OF FI.ORIDA, ~
Cou;vTY oF St. Lucie
t HEREBY CERTIFY that on this day, before me, an ~
oA'icer duly autFa~rizeJ in the State afon•,aid and in the County afomsaid to take ackrx~wleclgments, personally appeared t
George B. Wilson d Joyce Wilson
to nx• k~w~~~n to Iw• thf• ~x~rva~ Sd~r~•~ilre~) in :ind ~~M~ ~•~eYUt~•~1 NN• fun•LUiuK iminu~H~nt and they acl-tto~~~lecl~Cec)
lx~(uri• ux• th.~t they r~~t~nl~•il tlK• ,.~nn•. '~'}'0; , -
\~'IT\Etiti n~y I~:uKI and ~dlici:d W•al in ihi• Cuiu~h and titati~ I:tct :durr~vd thic 28~~~•',-..... tlay of
M8y u. Is) 76 ^ - r ' :
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~ LED AMp R~C~ii~EQ r~oi~Rr rusuc sr~~e oi FtoRro~ ~r i~noe
WCIE C4U1! r u ,y~ MY COMMISSION EXPIRES APR. 1!. 1977
ROCER rpITRAS lONDEOTMRU GENERAL INSURANCE UNDERwRtTER3
CLERK CtR;,t1tT COURT
RECQRO VEF~?1E0
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