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~-~d shall n~.~orm. ~-omp~y w~fti an~ a6i~e ~~y each nn~ eoery I~e ag~eemenla, ~Itpu~afion's, condilions and
rn~~enants IherPOf, and o( Il~is morff~a~ie, lheri i6is mo-t~ape ond the estate here6y creutc~d. ~I~all cYase, d~-
Ip-mi~~e on~ ~~e nu~~ an~ ~~oi~.
Iin~ fhe mo~iganor {iewhy ~uriher covena~fs and agrees lo pay promplly when dus ths principnl and
infernsl and of~~e~ sums o( monPy proai~Ie~I for t~ sat~ note ant~ thls morlgaga, or etl~er; fo pa~ al~ nnd
stnflu~ar Ihe I~xps, assessm~nls, ~ei~ies, ~iaGi~ifiea, oh~i{~alions, and encumbmncea o( every nafwe on saIc~ pro-
perly: lo permil, commif or su~~pr no u~asle, impairmenl o~ c~elerlorafion o~ said IQnd or fhe ire~proa~amenla
Il~pn•cn al any lim~: fo kPPn ii~~ i,uildinns nou- or herraJt~r or~ ~nid Iand /ully Inse~re~J In o sum o/ not less
than the highest insurab2e va:lue
%n n~•ompmiy o~ ~-orrrpar~ies acrnplab~e !o ll~e rnorfgopee, Ihe po~tcy or po~iciea to be hpW 6y, antl paya6le
to, said morlga.qee~, ond in thp ~uenf any sum of money 6ernmes ~ya6l~ by virlue o~ suck insurance Il~s
morlgageP s{~all hane the ~ight Io rc•ceinp and apply Ihe same fo !he tnde6tedness here6y secured, accou~ting
fo t~p morlganor (or nny surplus; fo pny a~l cosfs, chnrges, and expenaes, inc~uding ~awyer~s ~eet anc~ fitle
searc~~s, rf+asonati~y incu-re~ or pai~ hy ftie morfgagee because o~ Ihe rai~ure o~ i~e mortgagor [o promplly
ane~ (ully comply u-il{~ t~~e agreements, sfipulalions, con~ilions on~ covennnfs o~ saicl note anc~ t~ts martgage,
or eill~er; fo perjorm, comply u~itli and a6ide by each ancr every the agreements, sfipu~utioru, contlifions ant~
coi~enanfs set ~orl~ in safc~ nole an~ !/~is mortguge or eit~er. /n the e~ent t{~e neortgago~ ~ni~s fo pay when
dup any ~ax, assessm~nf, insurnnce premium or oli~pr sum oJ money paya6le 6y virlue o~ suid nole nnd tf~is
morf~nge, or eif~~er, t~~r morl~ag~p may pay !hp same, wilhout u~aiving or a~Jncfing ftie option fo lorec~ose
or ~i~y o1hPr ripl~t {~P-eunrler. ~nd nII siich payments shall 6enr interesf (rom date tl~ereof nt f{~e {~igl~est ~aw-
~u~ rnle tGen alloweil hy fl~p ~au~s of thP SIA~P o~ Florida.
1l nny sum o~ mon~y {~erpin re(err~ fo tie not prompl~y paid witl~in ~ilty (30) days next ajfer
Ilir samP 6PCOmes duP, or if eacti A/l~ p1~PIy IhP ~A~P@I-1PflI3, sfipulolions, conditiont and couenants of snid
nole ancl 16is morfga~~P, or ~ith~r, ore nut (ully rp~~ormed, complied with and a6tded 6y. lhen the entire
sum mentionec~ in sai~ nole, an~ f~is mortgage, or fhe entire ba~nnce unpaitr i~enwn, sl~a[[ jorll~with or
t~ereajier, al f~e oplion o~ t~e morlgagee, 6ecom~ and 6e deie and payu6le, unyl~ing in said nofe or ~ereirt
fo !he conlrary noiwil~~sfan~ing_ FaiG~rp 6y ~l~p morlgagee fo exercise any o~ the righfs or opflona herein
proi~i~e~~ s~a~l nof co~~stil~dP a u~aivPr o( any rig~Is or options uncle~ saicr nole or fhFs mortgage accrued or
i~~erea~l~r at-i•ruin~.
~n ~~~~s ~hereof~ (he saic~ mo-Iryn,yor /~~s liPfP[IIt~O StQIi~ AIt~ SPQ~~ I~P~P pMSP11~S Itie
c~ay an<< year ~irst a>>one u~riffen.
Signpd. seale~l ond dplinPre~l in t{~p pr~s~ncp o~: ~
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STATE OF FLOR1DA.
COL'\TTY ()F MARTIN
1 HEREBY CERTIFY that on this day, be(ore me, an
of/irrr duly authorizrd in the Stat~ a(or~said and in the County afor~said to tak~ acknowledRm~nts, penonally appeared
.
'~/~ ~~n 1~:~+~-t
to me know~ to b~ the person described in and who execut~d the forrQoinq instrument and ~ acknowkdRed
{~e(or~ m~ that cx~cuted the same.
WI7'YV83$ A~r, hand a~id o(ti~ial seal in thc Co~nty and Stat~ last aforesaid this ~! day of
Dee~}. A. D. 1980.
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. s~' "~'e:,' ~~~~ ~ :;
~ '~.. ~l~f!
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•;` ~ r „ -~ .r~ ~i.: NOTARY PUBLIC
. ~ ~~~; . My Cos~nission Expires:
-•=~~ v.
:` ~~~ 1 ~ 1 ~• .` ! , ie.~f i . ........ .. .. . . ~ J:., j j~ 1,~~'~
~it`,~~ ....f•`' i ~. . ,,.
., , - -
l7iu hWnu~u~it~ prep~rtrrd by:
Ade~
"Thts Instrurr~r-~, was pr~pareti by
.iESS LVRIG9-ii. ~~~~ ^!?;~,;I:1ylnf f~f
T~t'e Ur:c':r•~~~..r;t~r i:~.~,,,.- f !r1C.
2I8 N. Ca!or~~.','i: ~,UC., ~r~.i=r[ t'1'l•l l
Incident to the ;s~ua~re of a
Trtfe Insurance con;ract."
b~ 34~ p~~ 2583
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