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artd shall perform, comply tviih and abide 6y each 'and every the agreements, sffpulafioni. condtttona and
cavenartfs Ihereo(, and of this morfgape, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and void.
~llltl the mortgagor herby further covenants and agrees to pay promptly when dw the principal and
interest artd otltcr sums of money provided (or in said note and this mortgage, or either: to pay all and
singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every natters on said pro-
perty: fo permit. commit/Ior surfer no waste, impairment or detertorafton of said land or the improvements
fhPrPCn at arty limp: to RPPp t11P buildings now or herea/tee on said land fully insured in a sum of not less
than highest insurable value.
in a company or companies acceptable to the mortgagee, the policy or policies fo be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomea payable by t•trtue of stub tnstuance the
mortgages shall hate the right to receive and apply the same to the indebtedness hereby sectued, accounting
to the mortgagor (or any surplus: to pay all costs. charges, and expanses, including lawyers fees and title
searches, reasonably incurred or paid by the mortgages because of the failure of the mortgagor fo promptly
and fully comply urifh the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; fo perform, comply urifh and abide by each and every the agreements. stipulations, conditions and
rovenartfs set forth in said note and this mortgage or either. In the event the mortgagor lath fo pay when
due any tar, assessment, inst?rance premium or other sum of money payable 6y virtue of said note and this
mortgage, or eiflter, the mortgagPP may pay the same, withotif waiving or affecting the option to foreclose
or any other right herPttnder. and aII such payments shall bear tnferest from date thereof at the highest law-
ful rate then allou?ed by 1hP lours of the State of Florida.
~l any sum of money herein referred fo be not promptly paid within thirtp days next after
the same becomes due, or if 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 by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid !hereon, shall forthwith w
thereaj~er, at the option of the mortgagPP. become and fie due and payable, anything in said note or herein
to the contrary notur?thsfandirtg. Failt?rP by the mortgagee fo exercise any of the rights or options herein
provided s{tall not co?tstiti?tP a u~aivPr of any rights or options under said note or this mortgage accrued or
fhPfPaf ter accruing.
~n ~itneSS ~hfC~Of, IhP said mortgagor has hPrP11nt0 signed and sealed these presents the
day and year first Whore a+ritien.
SignP alPd and deliv red it to presence o(:
. 1~ ,r~
Joseph R. Thagard
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i STATE OF FLOR}DA,
I COl'~TY OF St. Lucie
} }}EREBY CERTIFY that on this day, before me, an
officer dul~• authorized in the State aforesaid and in the Count} afon•said to take acknow}edAments, personally appeared
JOSEPH R. THAGARD
I to me known to be the person described in and who ezecuted the foregoing rnstrument and Who acknowkdged
f ! before me that he executed the same.
1 ~~'I7 KESS my hand and official seat in the County and Statr• last aforesaid this 14th day of
December A. D. l9 79
~ f LEO r;K~ f ~ U£0 ,~Q
~ 1?t;~: ~ Notary Public
i CLE~r ~UR1
f ~ f1EC0°-.
~ "1Y CO?~NISSION EXPIF.ES: MARCH 4, 1 83
Dec Il 10 3~ ~ `19 -
3
My Coraoolission Expires: ~ - "
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