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and shall perjornt, comply u~itlt and abide 6y each acrd every the agreements, stipulations. conditions and
covenants thereof, and of 1{tis morfgacte, then This mortgage and the estate hereby created, shall cease, de-
termir?e and be null and void.
~nd 1he mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provitletl for in said note a?td this mortgage, or either; fo pay all and
singular the tares, assessments, levies, liabilities, obligations, and encttm6ronces of every Walrus on said pro-
perly: fo permit. commit or suf
jet no waste, impairment or deferiorolion of said land or Ilte improuemenls
fherecn nl any limp; to beep the buildings now or hereafter on said land fully instued in a sum of not less
than highest insurable value
in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
fo, said mort{rages, and in the event any st?m of mo?tey becomes payable 6y virtue of such insurance the
mortgagee shall (rave thr right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any str?plrrs: to pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonnbly incurred or paid by the mortgagee because of the failure of the mortgagor b promptly
and jolly comply with the agreements, stipulations, conditions and eovenanfs of said note and Ihis mortgage,
or either: to perform, comply tr~itlr acrd abide 6y each and every flre agreements, stipulations, condifiorrs and
covenants set forth in said note and this mortgage or either. /n the event the mortgagor jails to pay when
due any tax, assessment, insurance premium o? other stun of money payable by virtue of said note and this
mortgage, or either, the mortgactre may pay the same, without waiving or of
jeering the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from dale thereof at the highest law-
jul rate then allotu~~d by the faros of the State of Florida.
~f ant` sum of money hnrnin rr,fnrreri fn ha nnf pm~rptly maid t!d!1)in thirty daY! next after
the same 1)et•omes dlre, Or Ij eaClr acrd every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire 6alnnce unpaid thereon, shall forthwith or
thereafter, al the option of the mortgagee, become and be due and payable, anything in snid note or herein
to the contrary noftaithslnndinq. ?~ailure by the mortgagee to exercise any of the rights or options herein
provided sltnii not cons/ifule a traivPr of any ri~thts or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first shore u~riuen.
Signed, sealed and delivered in the presence of
LO PARSONS
I RAY NN143
DIVA MEERTEN
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STATE OF FLORID:\,
c~~l'~"rY OF ST . LUCIE 1
I HEREBY GER"1'IFY that on this day, before me, an ,
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otfi~cr duls~ authori,r•d in the Statr aforesaid and in the County aforesaid to takr arknow•tedSmcnts, personally appeared ~
i
~ ~ LON F. PARSONS and RAYMOND VAN MEERTEN
a to m~• known to I,e the• ru,n desrril,ed in and who executed the foregain¢ instrument and h
j p'' t ey aclcnowled~}ed
hefon• nx• that t heY exrcuted the same. i
\\'Il \fiSS m}• hand and official seal in th• (:aunty- and Stat,• last aforesaid this $th day of ~
October D. » ~ 9
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I Not Public
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FILEC err ~ : t= >Z. ~•,e: 1~ ~ ~i.vR10~ al LARGE 3
~ ST.LIi:.cE t`.':il`ii'f.Fci~' Mr CUMMISSIUN fXYIREI SE?1 I? 1981
ROG_R r OITi~,;,, ~i;ftwtit
CiEE:; C;RCL'3T C•""?T st `M~EU ~rtRU i'st•~: RAl t?tS ur Ef(S
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46.833 ~
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%i~ /iulrrnur~~rl prr`+urrJ /,y: JOHN ED„AP SHERRAPD ~ y J
Attorney f,t L~• ~
ir.- .r; vet Drive ,
P. O. Eox ~s~2 ..i.~~~', ~ ~l~ 1 ,