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and shall prrfornt, comply with and abide 6y each and every the agreements, stipulations, condtttorta and
Ca1~PnAnfS thereof, acrd of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine mul he null and roil.
the mortgagor hemby further covenants and agrees to pay promptly when due the principal and
irtteresl a?td oflrer sums of mortpy provided for in said note and this mortgage, or either; to pay all and
singular the tares, assessntertls, levies, liabilities, obligations, acrd encumbrances of every nature on said pro-
perly: to perntit. commit or suJ(er no waste, impairment or deferiorolton of said land or the improvements
Ihprrorr of ar?y limp: to Irppp the I,trildirtgs noun or hereafter o?t said land fully insured in a sum of not less
than the full insurable value.
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortfta~tpp. and in the event Any sum of money becomes payable by virtue of such insurance the
mortgrtgpp shall hate the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor Jor any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and f ally. comply with the agreemwtfs, stipulations, conditions and covenants of said note and flits mortgage.
or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covertanls set forth in said note and this morfgnge or either. /n the event the mortgagor Jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or eiflter, 11?e mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other rirfht hereeuulpr, and all such payments shall bear interest from date thereof at the highest law-
(uI rate then allatoed by the laws of the State of Florida.
~l any sum aJ money herein rplerrPd fo be_nof promptly paid within ---10--- days next alter
the same becomes due, or iJ each and prery flip affreempnts, stipulations. conditions and covenants of said
note and this morf4ta/rp, or either, are not fully performed, complied with and abided 6y, then the entire
sum merttionprl in said ?tote, a?td this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. at the option of the mortgagee. become and by due and payable, anything in said note or herein
to the contrary notwithslcvtding. Failure 6y the mortgagee to exercise any of the rights or options herein
proriderl shall nat constitute n u+airpr of any rights or options tender said note or this mortgage accrued or
lherra(fer accruing.
~n witness ~heCeof, the said morfryagor has Irpreunfo signed and sealed these presents the
day and year first abot•e u~ritfen.
Signed. sealed rtnd dpliremd in the prexr~nce oJ:
I . _ - _ .
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o
STATE ()F fit, ~ NOOF / S L q N!~
i I HEREBY CERTIFY that on this day, before me, an
~ officer dul.~ authorized in the State aforesaid and in the County aforesaid to takr acknowledgments, personally appeared
f GORDON E. PERRIN and CAROLYN D. PERRIN, his wife
~ to me known to hr the person $ described in and who e>;ecuted the foregoing instrument and they acknowkdged
before me that they .executed the same.
~~'IT`ESS mq hand and of(icia) seal in the County and State last aforesaid this ~oZ ~_day of
I C32 n. 19 ~ 9 - ~
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j My Commission Expi c;.
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i F,G~,_R ~ CIT 7AS
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•I'l~u IrrsllrlArflr/ r~ nr~d hyy- Roger G. Orr
LAW ~FF~CES OF GILBERT, DORFMAN & ORR, P.A. '~R319
-1rlr/'~~ P. 0. Box 3388, Fort Pierce, Florida 33450 nr'~Xr Pa~f1432
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