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and shall perform, comply u~ilh a?td abide by eac{r and every the agreements, stipulations, conditiona and
cvvenants therotr), and of this morlpaae, then this mortgage and the estate hereby created, shall cease, ds-
feiminP and I,A,ntdl and void.
end the mortgagor Itt>rvby further covenants and agrees to pay promptly when due the principal and
tnleresl and other sums of money provided for in said note and this mortgage, or either, fo pay all and
singular the faxes. assessments, levies, liabilities, obligafio?ts, and encumbrnnces o/ every nature on raid pro-
perty: fo permit. c•ommil or suffer no waste, impairment or deferiorafion of said land or the improtrementa
Iherc>en at any lime; to beep the buildings now or hereafter on said land fully insured in a sum of not less
than FULL MARKET VALUE. ~ il'tSURA$LSVALUE -WHICHEVER IS GREATER.
in a company or c•ompa?tic>s crcc•rplable fo the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomea payable by virtue of such insurance the
mortgagee shall have the right fu receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor far any strrpltts: to pay all costs, charges, and expenses, including lawyer's fees and title
searches. reasonably irtcttned or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply urifh Ilre acfreemerrts, stiprrlafions, co?tdifions and covenants of said note and this mortgage.
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
coverrartfs 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 i
morfgape, or either, the mortgagee may pay the snore, without uraiving or affecting the option to foreclose i
or any other riftht hereunder, and all such payments shall bear interest from date thereof at the highest law- '
f ul rate flten allowed Ly the lours of the Stale of Florida.
any sum of money he>rein referred to be not promptly paid within 10 days next offer
the ~~m~ becomes due, or if earh and every the agreements, stipulations, conditions and covenants of said
note and Iltis morlgaye. or either, are rtot fully performed, complied with and abided by, then the entire
sum mentioned in said note, and This mortgage, or the entire balance unpaid thereon, shall forthwith or
(hereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein i
to the contrary nohvilhslnndiug. /=ailure by the mortgagee fo exercise any of the rights or options herein
provided shall nal constitute a tvairer of any rights or options under said note or this mortgage accrued or
fhereafler accruing.
~ ~n ~itneSS ~het'eof, the >aid morfgayur Inns heretrnlo signed and sealed these presents the ;
day and year first above tvriffen.
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SIg11ed. sealed and delivered in the presence of
i
BETTY CAN LL
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~ STATE OF FLORID:, ~ ~
Cclt'`TY (~F PALM BEACH
` I HEREBY (:ERTIFY that on this day, before me, an j
~ 1 officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
ANDREW F. CANTRELL and BETTY L. CANTRELL
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to me known to Ix• the person described in and who executed the foregoing instrument and acknowledged
lecture me that executed the same. `t
9 e
F ~~'I'11F.SS my hand and official se nd State last aforesaid this 29th day of
i September D. Ig 79 VSO N0T/~RY
3 ~
2
fLORIDq
Pueuc
f!~iery talc, $iate of Reri~~ at large
43332 -
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~~i Co:~rissicn Expires (Jct. b, 1983
E~+.e~z 6y Ar.ut~• iR~ 6 Ge.~a~ Cmpzay j
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f i t ILL - 1
s I R05ER FJi7R;.S a
CL~F.K L'~n.~:; p #
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NICHOLAS P. WELLMAN
'!'hu Ius~rrufffn~ prcpnn~! Gy: ATTORN$Y AT LAW
46 S S S. MILITARY TRAIIr ! i ~
Arfd~+s
LAK.B WORTx~ FL. 33463 dl%'?~,,~~ P~~~2755
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