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and shall perform, comply urith and abide 6y each and every the agreements, stipulattoris, conditions and
covenants thereof. and of this mortgage, then this mortgage and the estate hereby created.-shall cease, de-
fermirte aflll bP /IIIII and void.
~nd,he mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest acrd other sums of mortry protridcd for in said Hole and this mortgage, or eilher: !o pay all and
singular the fa.rPS, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly; fo permit. commit or suffer rto urasle, impairment or deterioration of said land or the improvements
thereon at any Iime; to keep the buildings now or hereafter on said land fully insured in a sum of not less
than the higtlest insurable value.
in a company or companies aCCPpfable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of suck insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
fo Ilte mortgagor for any surplus; to pay all costs, charges, and expenses. including lawyers fees and title
searches, reaso?trrl)ly incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully r•omply u•illt the agreements, stipulations, conditions and covenants of said note and this mortgage,
or eilher; to perjornr. comply tuitlt and abide 6y each and every fire agreements, stipulations, conditions and
covenants set forth .irr said note and this mortgage or either. In the event the mortgagor Jails fo pay when
due any tar, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same. without waiving or affecting the option fo foreclose
or any outer right Iteretrnder. an(I all such payments shall bear interest from date thereof at the highest hzu•-
jul rate then allowed 6y the Iaros of the StaIP of Florida.
~L any sum of monPl hPr.•in reJPrrPd fo be not promptly paid within thirty ~30~ days next after
the same becomes due, or ij each and every the agreements. stipulations. conditions and covenants of said
note and this mortgage, or either. are not fully performed, 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. of the option of the mortgagee, become and be due and payable, anything in said note~or herein
fo the conlran• notu•rthstanding. 1=ailurn by the mortgagee to exercise any of the rights or options herein
~+mvirled stroll not cc•r:sliltrfe a evniv.•r al Any rights or options under said note or this mortgage accrued or
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lhereaJter accreting.
~Il ~lttleSS thereof, the said mortgagor has hereunto sinned and sealed these presents the
clay and year Jirsf above u•riUen.
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signer seal and 'vered in re esence oj: ~
_ t _ _ . .
- . - R rt M Y
A e*e, ~ - -
~ _ . _ aceli N . Yo
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~ ~ S"TATE OF FLORIDA,
c(~I•~-rY (~F St. Lucie
I HEREBI' CERTIFY that on this day, txfore me, an
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officer duly authori?ed in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
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' ROBERT M. YOUNG acid ARACELI PJ . YOUNG, his wife
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to rn~• knor~•n to FM• the p,•rson S descritxd in and who executed the ioregoinq instrument and they arknowledgtd
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IMfUr1' me that they executed the same.
\\'I7 \ESS nn- hand and official ual in th~• Cu rnty rod State last aforesaid this 20th day of
November n- 19 79 •
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FIlEO RNA • - -
ET. I,UCIf _ • ti ~ FIA. - ~ ,"fit r - ;
CIERt.. ~ . ; ~1.~RT, ~ - ;
RECO~' . Iftit f! ' ]~0 ~ItMO MOISSIYIMIOD ~
li!~1A lY MO 100rY !b 11r1s ~f ~ ~~l
~ ~ DEC 3 t I z7 A!~ ' - - .
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44i~7893 .
/n? IIIJ/~!!»/('!!/ pn~rlnll by: ~
;1rlJr~ss RONALD AAUL WHITLEY, ESQUIRE
~ 0028 SOUTH FEDERAL HIGHWAY t'~~ {
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