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and shall per(ovrrt, comply with and abide by each and every the agreement. dlpulations, conditionu ~
covenants thereof. and of this mortgage. then this mortgage and the estate hereby croat«l, shall cease, de-
termine and be null and void.
the mortgagor hereby further covenant and agues to Ray promptly when dw the principal and
interest and other sums of money provided Jor in said note and tht mortgage, or either: to pay all and
singular the taxes. suaessments, levies, .liabilities, obUgaftons, and encurnbronees of every nature on said pro-
perly: to permit, commit or su(f er no waste, tmpairntenf or deterioration of said land or the improvements
thereon ai any lime: fo keep the buildings now or hetnwf ter on said land fully insured in a sum of not less
iha„ Fifteen Thousand Dollars
in n rnmpanv or companies accef+fnhlp to fhw mortgagee, the police or policies to bg held hy, and payable
ee, and in the event any sum of money becomes payable by virtue of such iitsumnce the
to, said mortgag
mortgagee shall have the right to receive and apply the same dto the ~ 'bted ludtrhtg ~wyer~ )ee~ and title
to the mortgagor for any surplus: to pay all coals, charges, an expe
searches, reasonably incurred or paid by the mortgagee becawe of the failure of the mortgagor to promptly
and fully t-omply with the agreements, sttpulatioro, conditions and covenants of said note and this mortgage.
or either: to perform. comply with and abide by each and "every the agreement, sttpulattoru, conditions and
covenants set forth in said note and ibis mortgage or eilher. In the event the mortgagor (ails to Pay when
dw any tax, assessment, iruuronce premium or other sum of money payable by virtue of said note and tht
mortgage, or eilher. the mortgagee may pay the same. without waiving or affecting the option to foreclose
or any other right hereunder, .and all ouch payments shall bear interest from date thereof at the highest lnw-
(t-I rate then allowed by the laws of the State of Florida.
]` be not promptly paid within 3Q days next alter
)L any sum of money herein refe-red to
the same becomes due, or if each and every the agreements, stipuhstioru, 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 forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise anv of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing. `
~n ~l~tzSS ~h~Of, the said mortgagor has hereunto signed and sealed these presents the
cloy and year first shove u~rilten.
Sign ,sealed and delivered in the presence of : \ ~
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STATE OF FLORIDA, }
C()l?NTY (7F ST • L'JCIE 1 I HEREBY CERTIFY that on this day, before me, an
officer duly authorised in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
t10TT P. GU?iSE_ and JF,SSI'r: B. GUtiSE, husband and wife,
io c knar.,n t•, t,.• th,• I>,•rwn 9 described in and who executed the foregoing instrument and who acknowledged
before me that they executed the same. 14th day of
K'IT\ESS my hand and official seal in the County and State last aforesaid this
Febru~~ry A. D. 19 61.
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Notary Publlc, State of Florida at Lar~~
MBo~ed by~American Surety Co. of N. X
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