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and shall perform, comply urith and abide by Poch and PvPry the agreements, stipulations, conditions and
cot'ertanfs thereof, and of this mortgage, then this mo?1gagP and the estate hereby created, shall cease, de-
tprminP and 6P null and void.
end the mortgagor hPrrby fttrlher covenants and agrees to pay promptly urhen due the principal and
intPrPS! and other sums o) money provided for in said rtatP and this mortgage, or either: fo pay all and
singular fhP tares, assessments, let'ies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; to permit, commit or suffer no waste, impairment or deterioration of said [and or the improvements
thereon at any limp; to IrPPp the buildings Hour or hereafter on said land folly insurer[ in a sum o/ not less
titan $30,000.00 in fire ~2'1d 11~~lindstorm nsl1~~rance
in a company or companies acceptable fo Ifte mortgagee, I~e policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall hat'P the right to receive and apply the same to the Indebtedness hereby secturd, accounting
to the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyer's fees and Mlle
searches. reaso?tably fncrtrrecl or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply trrifh t?tP agreements, stipulations, conditions and covenants of said note and this mortgage,
or Pifher; to pert
orm, rnmply urith and abide 6y each and every the agreements, stipulations, rnnditions and
cot'Pnnrtts 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
mortgage, or either, the mortgagee may pny the same, without tuaiving or affecting the option !o foreclose
or any other right hereunder, and all such payments shall bear interest from date the?eof at the highest lour-
(ul rate then allowed by the tours of fhP StaIP o/ F=lorida.
'
Dl arty sum of money herein referred t0 bP not promptly paid within --30-- days next a/ter
1hP same bPCOmPS due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not (oily performed, complied with and abided by. then the entire
sum mentiortPd in said note, and this mortgage, or the entirn balance unpaid thereon, shall forthwith or ~
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. f=ailure by the mortgagee to exercise any of the rights or optioru herein
provided shall not consfihttP a u'airer of any rights or options under said note or this mortgage accrued or
thPrea f fPr arc?uing.
~n witness thereof, the said mortgagor has hPrPltntO signed ORd Sealed these presents the
day and year first abotrP urritterr.
~1gnPd. SPaIP~ ~ Ild dPh1'PrPd In fhP prPSPn('P Of
i
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STATE OF FLORIDA,
COC~TY OF St . Lucie I_
I HEREBY C:F.RTiFY that on this day, before me, an I
officer dul}• authorized in the SWtr aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Carlton E. Saunders and Annie L. Saunders, his wife
to mr known to be thr person desrritxd in and who er;ecutrd the foregoing instrument and they acknowledged ~
beforr me that they executed the same.
~ 1~'IT\F.SS my hand and official seal in thr County and Starr last aforesaid this 4th .day of
December .a. D. 1979
fllE~ AN~. ~ ~ ; ;IEO
Rr r 1~~~'~
CLEti' ' w~? ~4 Sfot. of Nrarld. of Lerp~ i
RECOti; _ i My ~tMtessfaw Errpira Dart. 2fti 1ft0
- faondsd by /larricaa Fin i Casrwlf)r Go. ~
DEC 5 1139 ~N '1q
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5 - ~ 4
~ 4b834 ~ ~ - - -
/%i.c /ii~fnrau~rf /rr(/hlrril l)~: F, A. Harris ~
.~Ir/,/rrX~ 410 Orange Avenue 6p~~K~~ PlGE~ `
Fort Pierce, Florida