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arld shall perform, comply with and abirle 6y each and every the ag?esmenfs, sNpulationi, conditions and
cal~enarlls therea(, and of Illis mortgage, Ihen this mortgage and the estate hereby created, shall cease, de-
tP/m1/1P and bP null and void.
fhP mortgagor hereby (tr?IIIer covenants and agrees fo pay promptly when due the principal and
IIItPMSt arld other sums of money provided Jor in said note and this mortgage, or etlhPr; to pay all' and
singular the fares. assessmerlls, IPUIPS, ltabflilies, oblittalio?ts, and encumbrances of every nature on said pro-
pP?fy; to permit, commit or strJJPr rto tvaslP, tmpai?mertt or deferiorolion of acrid land or the improvements
IhP.ec•n of any time; fo keep IhP buildings uuw or hereafter on said land /ally Insured in a sum of no! less
than - ~
in n company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said moNgagPe. and in (hP PDPIIt any sum of money becomPi payable by virtue of such Insurance the
mortgagee shall Ilal`P 1hP right fo receive and apply the same fo the indebtedness hereby secured, accounting
to fhP mortgagor for arty surplus: to pay all costs, charpPS, and expenses, including lawyer's Jees and fide
searches, reasonably incurred or paid 6y fhP mortgagee because of the failure of the mortgagor to promptly
and (ally comply u~it11 IIIP agreentP?Its. stipulations, conditions and covenants of said note and this mortgage,
ar either: to per(o,m, cY,mply trifh and abide by each and every the agreements, stipulations, conditions and
covP~tculls set Jorfh in said Hole and this mortgage or either. In the event the mortgagor Jails to pay when
due any tnx, assessment, insurance premium or other sum of money payable by virtue of said Hole and this
mortgage, or Pilher, the mortgagee may pay IhP same, wifho+d waiving or affecting IIIe option to foreclose
or.any other right hereunder, and all such payments shall bear interest from date thereof of ihP highest law- ~
' (ul rote then allmrcd 1•~ 1hP laws of fhP SfafP of /'lorida.
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~ l~ anv cum of munPy herein referred fo he not promptly paid within 3U days next- offer
1 1hP some becomrs due, ar i j each and every the agreements. stipulations, conditions and covenants of said
I note and this marlgngP. or either, are not fully performed, complied with and abided by, then the entire
~ sum menffonPCl in said dote, and Ellis mortgage, or the entire balance unpaid thereon, shall forthwith or
thereof ter, al the option of fhP mortg/gee, become and I,P due and payable, anything in said note or herein
fo the rnntrnry notwithstanding. failure by the mortgagee la exercise any of the rights or options herein
j~f{tlt~r hall not cpns1ih11P n umirer n( any rights or upfions under said Hole or this mortgage accrued or
~eerlQJlPr'',~{61+juialg.
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, , ess ~heCeof, the Salrl mortgagor has Ilereurlta Slgrled and sealed these presents the
a~pt~ yatli; jrsj al,ol~e u•ritferl. .
~y,
~Fedagrld delivered in the presence of
s . r .air -
-A' -'Z'~,STs..- MGLS INC, _ - - - - - -
Asst. Secretary ~ resi nE
WITNE.SSESs _
I _ . _ .
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STATE. OF FLORIDA,
COl'~TY OFSt. Lucie ~ -
f fIEREBY CERTIFY that on this day, before me. an
o(iicer duly authorized in the State aforesaid and in the County aforesaid to take acknowledRmcnts, personally appeared
Harold H. Goldman and Diana Goldman, President and Asst. Secretary
re~~ectively of MGLS, Inc.
to rn~• o~.n to hr t4u• person g described in and who executed the tore`oinr( instrument and they acklwwkdRed
he(ore uu that they executed the same.- in behalf of the said corporation.
~Cll XF.SS Hey hand and official seal in the (.:ounty and State last aforesaid this 30th day of
September A- D. f9 80.
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'?j ~ ~ .}l , ~ IIpTARy lltfllK RAif Of F10RIgl? AT ll~
- ~ Q f~AY COMMISSION fWItK OEC . 11 191
m = • ~ .fir: ~ ; _ ~p1~tD~ Ulfrf ,JERK It8 • {~W~11~ .
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a~~tQ~ji~V f
7
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%is httltran~nl prrprttrcl by: HAROLD H. GOLDMAN
' Attorney at Lew
;Ic%/tt't/ 802 S. Fedele# Highr+ay X340
f Pcrt .`.t. L:•c::, FL. 33-:;Z F'LCE~O~
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