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and shall perform, comply u•itlt artd abide 6y each and every the agreements, stipulation's, conditions and
covenants tltereoj, artd o1 Ihis mortgage, then this mortgage and the estate hereby created, :hail cease, de-
termine a?td l,e null and troid.
iin~ IItP mortgagor {ten+by further covenants and agrees fo pay promptly when due fhs principal and
interest artd ol?ter sums of money provided for in said note and this mortgage, or either; to pay all and
singular fife tares, assessments, levies, liabilities, obltgofions, and encumbronces of every nattue on said pro-
perly: to permit. commit or suffer rto u~asle, impai?menf or deterioration of said land or the Improvements
Iherecn at any lime; to keep the hrrildirtgs now or hereafter on said land fully tnstrred in a sum of not less
than highe8t insurab.~.a Value thereof
in acompany or companies acceptable fa the mortgagee, fire policy or policies to 6e held 6y, and payable
to, sold morigageP, and to fhP event any sum of money becomes payable 6y ~ virtue of such Insurance the
mortgagee shall hate the right to lPCP1l~P and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any srrrpltrs: fo pay all costs, charges, and expenses, tricluding lawyer's fees and title
searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, rnnditions and covenants of said note and this mortgage,
or Pillter; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covPna?tts set forth in said note and this mortgage or either. In the event the mortgagor (atG to pay when
due any tax, 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 uraiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear Interest from date thereof at the highest law-
f ul rote then allowed by the laws of the State of Florida.
l~ any sum of money herein referred to be not promptly paid within thlrt
y days next .after
the same becomes due, or if each and every the agreements, stipulations, conditions and cotenants 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 thereon, shall /orthwith or
(hereafter, of fhP option of the mortgagPP, become and be due and poya6le, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to. exer+ctse any of the rights or options herein
provided shall not constitute a tvaivpr of any rights or options under said Hole or this mortgage accrued or
thereafter accruing.
~n ~I~eSS ~heCeof, the said mortgagor has herPrrnto signed and sealed these presents the
day oral year first above tvriftcn. _
Signed sealed and de111~Pred ~ the pretence of
-Georg L. i liams, III
I ~ ,
f
amela B. Williams
STATE OF FLORIDA,
COIJ\TY OF ST. LUCIE ~
I HEREBY CERTIFY that on this day. before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
George L. Williams, III and Pamela B. Williams, his wife,
to me known to be the prrson S described in and who executed the foregoing instrument and they acknowledged
I~efore me that ~e~txecuted the same.
NI1~\ESS my hand and official seal in the County and State last aforesaid this day of
February A. D. 19 80.
N PUBLIC St~~(te of rids
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