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~~ ~4~~~~~~'1~~ Uovenan}~ aid ~~x~~s t~
5a id ~ra~'tips cf i-.e s ~a s
pay ali taxes, ass~ssmenLs t1r im~,s~sitic~ns tF1at may ~ legally ~'vit:d
on said land subsequent to the ysa'r 19n1. ~e`,onci warty UTt.h~'
agrees tw keep the b~ailda.ng~-, navy :~r hereafter c:~i sai.d '~n~
fully lr3:sured ~.n a susn now less than ~,7,~QC~.QQ in ~ ;:c~~'p'"~y c'"
companies acceptavle trs first paI'ty; ¢4'e pclic.y or paliries to
be held Qyg and payab~.s to f i.rst party, and in t`1e event any s,.~;n
of ^~oney becomes paya~Jie ~y ~*+rtue of skid insurance, ;,he f t.rst
party shall have tF^,r xight to retieile anti apply the same tc ~hd
ind~:btedness hereby secared, aceounting to second party : ot~ ary
surpl.t.s. Second parties glee agree tU pay all casts, ct•,arges and
expenses, lawyer's fees and title searches, reasonabl'~ incurred
or pa~~ by first party because of `F3e failure or secc~rd p~,r•ties
tc promptly arzd fully comely with all ccr~dit,ians a,.d caveman*s
in tF2is Agxr~ement. Ir'~ the event sevcnci parties fail tc~ pay,
when due, any taxes, assessments, a.nsu-ance premzums cr c~tt7er
sums of money' pa'~~ai~Ie by virtue cf *hi5 agreement, fit st party
may pay the earns wi±ho~:t waiving ar affer.ting his cp':i.a:^. to
for.eclaWe this Agreement, and all s~zcF. naymen~:s shalt. beax
it-terest from date hereaf at fibs highest lawful. ra}e tl.gen a 1.1o~er~
by r;F,~ ~.aws cf the Sta..*.e oaf Florida.
I` any sum r,*" ??;Cr1~}r herein reberzec# ;, r; .:~
paid ~J1~it..F:il ~1~~rM~(~ {:ir:~l dat/s next after the same b~cti~me~ :ua ;~r
f eac!i and every *t~e ag~'$ements, s`ipul.atieras, ccr,d~.ticns and
caveran~:s cf the Agreement are nut fully F;err:~rmeci, co,~,plied ;pith
arad abided by, t~~ffir~ the entire Fan~:aid balance Uf this ~gzeemer~t
shall forthwith and thereaftsx, at *F;e o~2ia~; of the f:.rst
pa°rfy be: or~,~: due and paysble and i?~e ~sta`e hereby` crewed in
~~fi.{3C'(~ :`3Z`LiP.-b "~'~"]a.~.% C??as, t$I'!1°t~nate ~'T2Ca ~~ rfu11 e~,n~ v~y;~. rt3~t;.~,~_
;nor e, this Agre~ent :~t~~al1S at tFe cpticn of t;~e part.y c:f" =he
fa~rst part, ba f~srf$`ed and ~~r€~inated, ar~d the r,arty of the
~s v%! ;~ ~ '~ n
and :~~ch aven~s s''}a1~. be r~ta~.:~ ~-d b~y '~hc said pa?~ty ~sf t~;a fiat
part ire ful i s~t:i~fac}i~sr~ ar:d l.i~i.riat.i.~n cif a1.1 d~~s by h i~r
~~~stai~ad, ,~r~sd the sold ray of ~ ~'i.x~t pay°t shl.~. have tie
~°=:ght to r~~~nt~~ ar~d take ~~ass~~~ ~' e pr~~~ ~f~~~~id$
wi tfa ~~~g l.~a$>~ f~~ ~y ~t ~'~~~°«
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