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and shall perform. rumply a+ith and abide 6y each and every the agreements, stipulations, conditions and
cotenants tlten•o(, and o) this mo?tctuste, Ihen Ibis mortgaftP and the estate hereby rn•afed, shall cease, de-
tPrmine and be null and void.
lin~ fhP morlgaflar hereby further covenants and agrees fo pay promptly when due the principal and
inlPmsl and other sums of money pn,tided (o? in said note and this mortgage, or either; to pay all and
singular the faxes, assessments, levies, liabiliffes, obligations, and Pncumhmnces of every nature on said pro-
perly: to permit, commit or suffer no u•asfe, imt>airmenf or deteriomfion of said Imul or the improvements
fhemcn of orty tintP; to beep the buildings note or hereafter o?t said land (telly insured in a sum of no! less
than highest insurable value
in a company or cumpanies arcepfoble la IhP mortgagee, flte policy or polities fo be held 6y, and payable
to, said mortgagee. and in 1hP event any sum of money becomes payable by virtue of such insurance the
morktager shall have the right fo ?eceite and apply the same to the indebtedness hernby secured, accounting
fo the morfga~to? far any surphrs: to pay alI costs, charges, and expenses. including Iatryer•s fees and title
searches, reasonably incurred ur paid by the morhlagee bPtal/Se of IhP (aih?re of the mortgagor fo promptly
and (ally comply u•illt the ag?eemrnfs, stipulations, conditions and covenants of said note and Ibis mortgage,
or either: fo per(orm• comply with Duel abide by each and every tlw agreements, stipulations, conditions and
covenants set (ortlt in said note and this mortgage or Pilher. {n the Brent the mortgagor (ails to pay when
due any fax, assessment. insurance prnmium or other sum of money payable I,y virtue of said note and this
morfgaye, ar either, the ntorfrya~tee may pay Ilte same, a+ifltout u+aiting or a((ecti?tg the option fo foreclose
r - n 1 I rr r---- ' d_r., tltcrc..f ..f t[;e 1.: Iw.~._
or arty other ri~tht trPrt•t?nrter. afl(1 all 5111' 1 payrr1e1115 3 rU1t vrur tf•tCIYj{ ?•vT auc ••y••°_•
(ul ntfe then alluu•e<1 by the Imes of tlw Sfa1P of /'lorida.
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~l any sum uj money herein referred to bP not promptly paid tvifhin 30 days next alter
the same hecornrs rlue• or if each and every the agreements, stipulations. conditions and covenants of said
note and this nu,rlgo~p•. or eillter, are not fully performed, complied with and abided by. then the entire
cum mentioned in said note, and this moNgage, or flr a entire balance unpaid thereon, shall (orfhtrith or
thereafter. at the option of the mortgagee, became and be due and payable. anything in said note or herein
to the confrun• nolu•ilhslnnding. 1'ailurn by flw mortgagee to erercfse any of the rights or options herein
provided shall not constitute a u•airer of any rights or options under said note or this mortgage accrued or
thereafter urcn?ing.
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~n witness thereof, the snid mortgagor has Iternunlo siryned and sealed these presents the
i day and year first above written. In the event the property above described is sold the
obligation secured herein shall become due and payable in full at the option of th
~igne?1, sealed and delivered in Ilw prnsenc?• oJ: mortgagee.
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w • tness . • ~ Louis 1?a lcigno
witness
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i S"1~:1TE (~F FL(~RID:~, ~
ctn•rrti• t)F St. Lucie ~
1 HERF.BI• CER'17FY that on this day, before me, an
offir rr dale authorin•d in the State- af~•rrsaid and in the County afon•said to take acknowledgments, personally apprarcd
Louis Falcigno
tr. nu• kn~ncn to IN~ th•• tr~rsun drsr rilx•d in and who rsrcutrd the fore¢oinq instrument and acknowledged
tN•(un~ uu• that esrcuted the same.
k~ I.1 \F.SS m~~ hand and u(firial seal in th,• Cuunh and St:+t.• last aforesaid this ~ day oI I
'
_ ~ •~a t~
Notary Public ~ 1 L_ e - ~ _
Ny commission expir~srr -
STS F~iti h.,' y _ _ ~^a ~a.ye c• .~t••~t:
' ~~~°C;`ct:..~:; tAy C~r~r.,~:,~io,t txpi:c~.,an.8. 19$3 1 r
Y I f . _ _ 9 5[i~
~~'781
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•il,?, /ttclnn~u~tN /rn/~rtrrrl /ry: '.'`'X?J~V PaCE~,V34
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