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and shall perform, comply with and abide 6y each and every the agreemrnts, stipulation's, conditions and
rnvenants thereof, a?td of this morlgasle, then this mortgage and the estate hereby crented, shall cease, de-
fe?mine and be null and void.
fhP mortgagor hereby jttrther covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pny all and
singular the faxes, assessments, levies, liabilities, o6ltgntions, and encumbrances of every nnture on said pro-
perty; to permit, commit or suffer rto waste, impairment or deterioration of said Land or the improvements
therecrt of any lime; to ~eep Ilte buildings now or hereafter on said land fully insured in a sum of not less
Than highest insurable value
in a company or compy?ties acceptable fo the mortgagee, the policy or policies to be held by, and payable
to, said morfgnges, and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any str?pltts: to pay all costs, charges, and expenses, including lawyer's fees and title
searches. reasonably incurred or paid by the mortgagee 6ecatrae of the jaihur of the mortgagor to promptly
and fully comply u~ifh the agreements, stipulations, conditions and covennnts of said note and this mortgage,
or.either: fo perjornt, comply with and abide 6y each and every the agreements, stipulations, conditions 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 Hole and this
mortgage, or either, the mortgagee may pay the same; without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall 6enr interest from date thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida
~l any sum of money herein referred to be not promptly paid wifltin thirty days next after
the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants 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 Jorthu~ith or
thereafter, at the option o) the mortgagee. become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the. rights or options herein
provided shall not ronslihrte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
_ ~n ~itntSS whereof, the said mortgagor has hereunto signed and sealed lltese presents the
day and year first above written.
Signed, sealed and deliv ed in a presence of . ,
C i W. Lane
Delores P. Lane
STATE OF FLORIDA, ~ .
COI.\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 acknowledgments, personally appeared
CALVIN W. LANE and DECOKES P. LANE, his wife
to me known to be the persor?g described in and who executed the [orcgoin¢ instrument and they acknowledged
Ixton• me that they executed the same.
L\'I7:`ESS my hand and official seal in the (:ounty and Stat~• last aforesaid this Z S~ day o[
March A. D. 19 80. -
~ otary Publ c, State of Florida
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Thu bulna„~tt~ p>rpnird tiy: Ben L. Bryan, Jr. -
P. O. Box 3230 EQIOK 3 ~
Ar/i1n'.s! Fort Pierce, Florida ~.?U PAGE1~,4
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