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7. If any of said 'U71U 01 money herein. referred to be not promptly and fully
poid within thirty day' next after the "ame ,tmually become due aM pay-
able, or if each and every the ,tipulation" alreement" condition, and covenant' of
,aid promi"ory nott' and thi, deed or either, are not duly performed, complied
with and abided by. the lIaW attretate ,!.(.m mentionoo in ,aid promissory note
,hall becom~ due and payable fo't'thwith or thereafter at the option of the Morttatee.
eir heirs, leta.~ repruentative, or as,it1U, a' fully and com vletely
cu it the ,aid altre~iite lurn ol-Forty thousand and no/100 ($40,000.00)--
dc.7la,~ W<U ori~i.nally stipulated to be paid on luch day, anythint in said promiSlory
note or herein to t",e contrary notwithliandint.
8. Any default in payments under the first mortgage hereinabove referred to
shall likewise COIl8titute a default in this mortgage. Mortgagors agree that they
will send notice to mortgagees of all payments made on the fiLSt mortgage no later
than the 22nd day of each and every month. 9291~
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ROGel( t' 11t\.-;).I,ui'\~,,)-'.0~""'~-_' ':.'1: -,
C 1"" ~ r r i,:' I it F ~ 0 ~ ~A ~-_ - '., ..;-'". ,.1-"-: ~ :<:"-
t~r Wi~:s !l.~f1.8t:;:y'~ :.:;i.~~:b.;:~i"J:ten. ~8;;J~~';~~~'- - .
Signed, Sealeo and Delivered in PreeeDee of; I
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.;. To keep tM buw}int now or herea.ft~r on ,a.id land in,ured in a 3'lnt 1we
lu, than highest insur~l.ule value -~----~'(ffl', in a !:ompany oJ:" companies ro
be approved by ,aid .Morttatee, and the policy or Jl(Jlicie# held by and payab~ e
to ,aiLl Morttatee. their heirs, le~al repre,entati!'c.$ or a~lit7ls, (Jnd m
th~ event any lurn of mOJl.ell become, pc.ytJble under 8uch policy ur policie8, th~
.Mortla~~d. their ht-lrl, lctal representative8 or at8iin8. shall har'e tAe
option to receive and apply the ,ame o;~ account of the ;ndebtedness h~reb, secured
or to p~rmit the :Jortlalor to recti~e and u.e it, or any part thereof, for othp.r
purpolu, without thereby waivinl or impairint cny equity lien or ritht under or
by virtue of thil ntorttale, and may place and pay for 8uch insurance or any
part the~eof without waitrint or allectint the option to foreC:ose or any ritht here-
under, and eaoh and e.very ,uch payment .hall bear interest from date at the rate
o/eight p~r cent. per a1tnum..
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6. To permit, commit or 3uffe,. no u,'(J,h, imp"1irm,snt 1;' deterioration of ,aid
propertll or any part thereof.
o. To perform, comply with and abide by each and eve.nJ the stipulations.
atreements, conditio"" and cover...antl in laid promillory note and in this deed
let !ortll,.
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I, an of/l,cer authort~ to take oc1mowled~u 01 d~ed. aco~;di-';'t- t--;' tA.
low, of th~ 'St4t~ of Florida, diU" q~ tmd actlnl, RRJlRRY CERTIFY that
MORRIS GATES and ANNA GATES, his wife,
to me per,onally known, tAU dall ockn.owledled b"or~ ~ tAot they
~uted tn.s fO'N;;oinl mortlate, and I F'UltUtd CYlTII'Y t1>.4t 1 know tA~ .ald '
p~1"onS 7Ylr<Jkint,aid tJCkr..owled,-m.a.t to be tlw bwlivldl44l8 ducrioed in a~d
wko ezec1/.ted the .,aid morttiJle.
, IN WITNE88 WHKltEOf, l 1w,revnto lee Mil 11.0114 cmd olJlouu ,eal at
Hallandale ..-.....,..~--.~e, GJ&d BtotCJ, ~AU ikb 3rd
da1I of ~.." lta~e~..4. :Df:!.~ 4:"..~t~~-
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; .: -' ~'" -.1 ~\- .~ ";.. ~ };'oto,,17I Public
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: ~.<. " Q ~'.': c:: ,~. -'-,1{1/ CommU'io,. Expu-u
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-.\,-;:;.... ....~ "7./p:..:,t:/,~ -- ...~:.. Notary Pubfte. SU" of ~ It urgt!
: ", v............. \,,: '- - "y Commission ExPIres s.pt.18. 1963
. -:, '. r r' ,\'~ ..,-' ~ed by Amenun Sur.tat Co. of N. .t.
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