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and shall perform, comply with and abide 6y each and every flee agreements, stipulatfon's, conditions and
eotrenants Thereof, and of this mortgage, then fhfs mortgage and the estate hereby created, shall cease, d~-
te?mine and be nuU and void.
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i1n~ the mortgagor hereby further rnuenanfs and agrees to pny promptly when due the principal and
tnteres! and other sums of money providedd for in said note and this mortgage, or either; to pny all and 1
singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- {
perfy: fo permit, commit or suffer no waste, impairmertf or deterioration of anid land or the improvements
therecn of any lime; fo beep the buildings now or hereafter on said land fully insured to a sum of not leas ?
than N/A
in a company or comps?ties acceptable to the mortgngee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such Insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectrred, aceounttng
to the mortgagor for any surplus: to pay all costs, chnrges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly t
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and {
rnuenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or etflter, the mortgagee may pny the same, wdhout waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall 6enr interest from dnte thereof at the highest law-
ful rate `then allowed by the laws of the State of Florida.
~l any sum of money herein referred to 6e not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully perfornned, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, nt the option of the mortgngee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
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~n ~~u1eSS ~hM~of, the said mortgagor has hereunto signed and sealed these presents the
day and year first above toriflen.
Signe sealed artd delivered in the presence of .
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- Joh Belloit
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j uqui A. Belloit
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STATE OF FLORIDA,
COL'\TY OF ST ~l='G/~~ I HEREBY CERTIFY that on this day, before me. an
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officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
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I John G. Belloit and Louquitas A. Belloit, his wife,
`s to me known to be the pcrsor6 described in and who executed the foregoing instrument and Who acknowledged
before me that theq executed the same.
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WI7~tiESS my hand and official seal in the County and State last aforesaid this ~ day oI
~ d'l~ ~ A. D. 19 ~9 ~
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E 30 ti ~ NOTARY PUBLIC ~ _ - .
~~EQ hU t.: CT INiU _ " ~ . -
~i18tn ORRASA
~{D(.>:IftCUR'C0~_~~e~ MY COMNQSSION EXPIRES : I ~
' P.ECpfiD YEr'.F'E^-
Notary t~ubl)c, State of Florida at Large.
~6'~~ Nnr t:orrunisslon Expires Feb. T1, 1983.
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I%u IrulnurrtrN prrparcd by:
309 2092
Acfclrtxt 90;:14 ?ALE
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