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and shall perfornt, comply tr,itlt and abide 6y enfrh and every the agreements, stipulations, conditions and
covenants thereof. and of Iltis mortgage, then this mortgage and the estate hereby crented, shall eeaae, de-
termine and be null and void.
Iind Ihr mortgagor hen•I?y further covenants and agrees to pay promptly when due the principal and
inlen+sl and other sums of money provided for in said note and this mortgage, or eIlher; to pay all and
singular the ta.l"e5, assessme?tis, levies, liabilities, obligations, and encumbrances of every nature on said pro-
pDrty: to permit. commit or suffer no u~asle, impairment or deterioration of said land or the improvements
lherern of any firne; to lr•ep the buildings nou+ or hereafter on safd land )ally insured in a sum of not less
than Fifty Thousand ($50 r 000) Dollars
in n company or companies accepiable to Ihr mortgagee, the policy or policies to be held 6y, and payable
~ to. said morytagee. and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall bare the right to receive and apply the same to the indebtedness hereby secured, accounting
to IhD mortgagor for any surplus; In pay all costs, cltargDS, and expenses, including lawyer's fees and title
searches. reasonably incurred or. paid by the mortgagee because of fire failure of the mortgayor to promptly
~ and fully comply with ihr agreements, stipulations. conditions and covenants of said note and this mortgage.
~ or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
4~ crn+enanis set forth in said Hole and this mortgage or either. In the event the mortgagor fails to pay when ~
due any tax.~assrssntr•nt. insurance premium or other sum of money payable by virtue of said Hole and this
I'' morfitrufe, or either, the mortgagee may pay the some, without waiving or nffecting the option to foreclose
If or any afher riftht hereunder, and all such payments shall bear interest from date thereof at the highest law-
n ful mte thee, allow+ed 6y the laths of the Stote of Florida.
1
~l mry sum of mone\• herein referred fo be not prompt{y paid tuithin _ 30 days next of ter
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the same bta-ontes due, or if each and every the agreements. stipulations. conditions and rnvenanis of snid
note and this marhfage, or Dither, are not (ally perJormPrl. 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. at the option of thD mortgagee. became and be duD and payable, anything in said note or herein
to the contrary notwithstanding. Faihrre by thD morfgageD to Dxercise any of the rights or options herein
provided shall not constihrte a waiver of any rifthts or options under said note or this mortgage accrued or
therea f frr accnrinrt.
~n ~tttleSS whereof, thD said mortgagor has Itereurtto signed and sealed these presents the
day and year first abot•e a+ritfen.
Signed, sealed and delivered in the presencD of
_ _ - -
Billie Bob Gruwell
4
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t STATE OF FLORIDA,
COL'VTl' (tF ST. LUCIE
'I I HEREBY CERTIFY that on this day, before me, an
~ officer date auti.:rtirri! :r, ti:r ct.,t• af.•rrsaid and :r. th^ County aforesaid to take acknowledgments, personally appeared
WILLIE BOB GRUWELL
to m• wo t. rr,~ tlrccritx-c'. ir. wh.• eaecutrt{ the fon•¢uine instrument and he acknowledged
before tFr.,r he • ~ utr,i tr,, c.unr.
I
N rl \ f;S~ bar..: .,~ln t.:: st•:,c it :h• (:...r.h .trtt St,,t i:r.• :r(~rrrsaid this 11th day of
December ~ r~ 79 I
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mot. ti ,
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Cf s:. _
~ .CEO _ .,C.,(~~_ ~ .
S •~t~'tE - • " Notary Public, S ~ ~
4 C! E~= ~ . My Commission expires.~= ~ 8 •
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RECOa' -
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