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and shall pc~rJornr, comply tvifh a?td abide by each artd every the agreement:, stipulation's, conditions and
covenants thereuJ, and u) this morlttaae, Ihen this mortstaue and the estate hereby created, shall cease. de- t
termine and be null and void.
~n4 the morfgaftor Iten+by further rnvenartts and agrees fo pay promptly when due the principal and
irrleresl and other stuns of money provided for in said note and Ihis mortgage, os either; to pay all and
singular flip faxes. assessments, levies, liabilities, obligafio?ts, and encumbrances of every naftrre on said pro-
perty: fo permit, commit or strf
ter ?to u~asfe, impairme?tl or detoriorofion of said land or the improvements
ihPr<>cn of any lime: fo keep the buildings now or hereaJfer on said land fully insured in a sum of not less
than highest insurable value
in a company or companies accrptable fo the mortgagee, the policy or policies !o be held by, and payable
to, said mortgagee, and in the event mty sum of money becomes payable 6y virtue oj- suck insurance the
mortgagee shall have the right to receive artd apply the same to the indebtedness hereby secured, accounting
I to the mortgagor for arry surplus: to pay all rusts, charges, and expenses, including lawyer's jeer and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly ~
and jolly comply u~ifh flre agrePmertts, stipulations, conditions and covenants of said note and Ibis mortgage, i
or either: fo perform, comply u~itlt o?td abide 6y each and every the agreements, stipulations, rnndifions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when !
due any tax, assessment. insurance premium or other sum of money payable 6y virtue of said note qnd this
mortgage, or eiflter, the mortgagee may pay the same, without waiving or of
feeling the option to foreclose
or any other right hereunder. and all such payments shall bear interest from date thereof at the highest law-
Jul rate Ihen allowed by the tau>s of the State of Florida.
arty sum of money herein referred to be not promptly paid within thirty days next after
the same becOMPS due, or iJ each and every the agreements, stipulations. conditions and covenants of said z
note and this mortgage, or either, are not fully perJor?ned, complied u~ifh and abided 6y, then the entire
sum mentioned in said Hole>, and this mortgage, or the entire balance unpaid thereon: shall forthwith or
thereafter, at the option of Ilte mortgagee, become and be due and payable, anything in said note or herein
to the contrary nottoifhsfmtding. Failure by the mortgagee to exercise any o) the rights or options herein -
providPd shall not ('OIIStItU1P a U~altiPr of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itneSS W~~Otr the said mortgagor has hPrPUnto signed and sealed these presents the
day and year first above trritten.
Signed, ealerl and delivernd in the prnsence of
~ Marilyn; 12iri hart-- -
j • - .
'
I
i
STATE OF FLORIDA,
COC~TY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
offirrr duly authorized in thr Statr a(orcsaid and in the County aforrsaid to takr acknowled~mrnu, prnonally appeared
MARILYN C. RINEHART
to me known to br th~• person described in and who earcutrd the forrQOine instrument and She acknowledged
I~efore rnr that She rxrcuted the sami•.
~~'17:`ESS mr hand and official seal in th~• C:ounty and Statr last aforrsaid this ~ day of
February a. D. I9 80. -
Notary Public, State of Florida
~ Llj,%., My Commission Expires: 9~6-8/
- . ~ 4'77119 ;
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F fLEU LtiR F~ CO:tuEC
n : ST.LUCtC CLUrTY.fl~.
• FOGER POITRA.ri
CLCRK CiR%iilT COUP'
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s
- %%i~ /n~/n?nu•r~l err pnn?! hy: Ben 1. Bryrn, Jr.
P. O. Box 3230 lid ~i
~ ;1r!?/rt_~t Fort Pierce, Florida Ei,01f~~.J PABE