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n?td shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants thereof, artd of this mortgage, then this mortgage' and the estnte hereby created, shall cease, de-
te?minP and be null artd void.
~nd the mortgagor hereby further cvvenants and agrees to pay promptly when due the principal and -
irtferest and other sums of money provided for to said note and this mortgage, or either; to pay all and
singular the taYPS, assessments, levies, liabilities, obligations, and encumbrances of etrery nature on said pro-
perty: fo pPrmil. commit or strf
ter rto waste, impairment or deteriorafton of said land or the improvements
therecrt at arty time; to beep IhP buildings Hour or hereafter on said land fully insured in a sum of not less ~
than highest insurable value #
in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable !
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to, said mortgagee, and in the event any sum of money becomes payable by virtue of such Insurance the
mortgagee shall have the right to receitrP and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any surplus: to pny all costs, charges, and expenses, including lawyer's fees and title
I searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and jolly comply trrith the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply uritlt and abide by each and every the agreements, stipulations, conditions and
CO!•ellaIlls set forth in said note and this mortgage or either. In the event the mortgagor jails to pay urhen
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and }his
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- f
ful rate then alloured by the laurs of 1hP 4tate of Florida.
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D` any sum of money ItPrein referred IO bP not promptly paid within 30 days next after
the same becomes dtre, or iJ each and every the agreements, stiptrlatiorrs. conditions and covenants of said
not.- 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 fh,e entire balance unpaid thereon, shall forthwith or
• thereafter, at the option of the mortgagee. become and be due and payable, anything in said note or herein
to the contrary noturifhstanding. Failure by the mortgagee to PxPrrise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or Ibis mortgage accrued or
thereat ter arcnrinry.
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~n witness whereof, th[• said mortgagor has Iteretrnto Signed and sealed these presents the
day and year first above torillpn. THIS IS A BALLOON GAGE AND THE FINAL PAYMENT OF THE
BALANCE DUE UPON MATURITY IS $37,655.60, TO WITH ACCRUED INTEREST, IF ANY,
Sigr d, sealed and rte 'were l i?t the presence oj: ADV CEMENTS BY MORTGAGEE UND
~ E T OF RT GE.
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.~LC~I'.<.-C~..J - - - ~ I
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~ STATE OF FLORID:,
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cc)i-~•rv OF St. Lucie
~ I HEREBY CERTIFY that on this day, be}ore me, an
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F ~ ofticSr duly- authorized in the State aforesaid and in the County aforesaid to take acknowled¢mcnts, personally appeared
t JAMES F. GRIMES
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to me wnown to lw• the p~-rwn described in and who executed the toregoui4 instrument and he acknowledged
j ~ before rnr that he executed the same- ~
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~~•I"} \F.SS my hand and otfi~ ial seal in the County and State last aforesaid this ~ 7 day of
~ ~ March n. Ig 80.
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i -NOT PUBLI _ - - - ~ - - -
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a ~ FIlEO aHC w~Gt;t':t: (i ~1
ST. IUCIE CCUN T Y, F t ~ . ~0 ~e gf Hotid~ a E,~
ROGER P017RA5 ^
. - ;7-' - ~ ~irfM JuM 10,1981
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