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and shall perform, comply a+ifh end ahide by Parh and every fhP agreements, stipulations, conditions and
cotenants thereof, and of this mo?tgagP, Then this mortgage and the estate hereby created, shall cease, de-
telml/le and be null and void.
1tLn~ IhP mortgagor hereby further cov(•nanls and agrees fo pay promptly when due the principal and
infer>st and other sums of money provided for in said note and this mortgage, o? either, to pay all and
singular the taxPS, asst>ssnt(>nlc, IeI+IPS, liabilities, ol,ligafions, and PRCtrmbrances O) Pl+Pry ~a~l/re On said pr0-
i petty; fo permit, commit or suffer no urasle, impairment or deterioration o/ said land or the improvements
~ fherron al any time; fo ~PPp the buildings Warn or hernafter on said Iand Dully insured in a sum of not less
Ihan $31,000.00 in fire and windstorm insurance
in a company or rnmpanies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
fo, said mor?gagPe, and in the event nny sum. o/ money becomes payable by virtue o/ such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hernby secured, accounting
to the mortgagor far any surplus: to pay all costs, charges, and expenses, including lawyers fees and title _
SParfheS, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and Jrrlly comply u+ifh IItP agreements, stiptrlafions, conditions and covenants of said note and this mortgage,
or either, fo perform, r•omply a+ith And abide by each and every the agreements, stipulations, conditions and
rnvenanls set f orlh in said ngfe and this mortgage or either. In the event the mortgagor /ails fo pay when
~ due any fax, assessmen/, insurance premium or other sum of money payable by virtue of said note and Ibis
morfgagP, or either, the mortgagee may pay the same. without waiving or of
fecfing the option to foreclose
or any other right hereunrler. and all such payments shall bear interest )tom date IhereoJ at the highest law-
)ul role then allow+ed by the faros of the Mate of Florida. ~
Df any sum of money hernia referred fo be not promptly paid within 20++ days next after
the same becomes due, or if each and et+ery the agreements. stipulations. conditions and covenants o) said
note and this morfgagP, or either, are not fully performed. complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entirn balance unpaid thereon, shall forihu~ifh or
Ihereafler, at the option of the mortgar~ee, become and be due and payable, anything in said note or herein
~I fa the contrary nofu+ifhsfanding. Failure by the mortgagee fo exercise any of the rights or options herein
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pmtirlerl s{tall not constitute n u+airer of any rights or options under said note or this mortgage accrued or i
lhereaffer accnrin{f. ~
I' ~n witness Thereof, the said mortgagor has Irereunfo signerl and sealed these presents the
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rlay and year first above a+rillPn:
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f tiigned, sealed ayld dPlit~ererl in fhP pIPSPnI'P of : ~
_ •
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I~ Cornell Denmark
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STATE OF FLORID:, t
cOI-~•n' OF St . Lucie ~
I HEREBI' CF.RTIF'Y that on this day, before mr, an
of(i~rr duk authuriird in the Statr afon•said and in thr Cuunty aforrsaid to takr acknowlcd¢mrnts, prrsonally operated
Cornell Denmark, a single adult,
to rm known tr• Ix• the• 1H~rs.rn druritted in and who executed the forr¢oin¢ instrument and he acknowledged
I~ '
ix•ton• ntr that he rzecuted the same.
1~'ll \F.SS nn• hand and o(firial seal in thr• Counh- and Starr last afnresaid this 29th day of
' February n 19 80.
L1:-~ y~ +
. s;_ _:k,:~.. ~ 1980 MAR 19 PK ~ 50 ~ ~.nA
r ~R [3 L G ~ • EIlE0/aNOOtJNTY ftA.
aOGE POITRAS
. /-l,, r CLERK CfRCU{T C~ ~ ~
.
X4155
~i , , F.A. Harris,
t 7%t. /rc;~rrurrrul rrr/wrr~rl l~
X410 Orange Avenue,
~ . IJ,hr Ft . Pierce F t~
lorida. BOOK•~IG~ P~GE~~+Jcy1
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