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and rhall perform, comply with and abide'bjr,~~pr~ol~~~~~eene-~"te^ta, stipulntiona, conditions and
covenants thereof. and of this mortgage, then this mortgage and hi estate herby created. shall tense. de-
termine and bt null and void.
the ntorfgngor hereby further covenants and agues to pay promptly when due the principal and
vided (or in snid Hole and the mortgage, or either: to pry all and
interest and other sums of money pro
stngulnr the loxes, assessments, levies, liabilities, obligations. and encumbrnrtce~ of every nature on said pro-
perly: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
thereon at any lime: to peep the buildings now or heren(ter on said land fully insured in a sum of not less
ehan the principal aoount o! this mortgage
in n rnmpany or rnmpnnies acceptable to the mortgagee. the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes -mynble by virtue of such insurance the
mortgagee shall haw the right to receive and apply the same to the indebtedness hereby secured. aceounting~'
to the mortgagor for any surpltu: to pay nlI costs, charges, and experuss, including lauryer's fees and title
searches, reasonably incurred or paid by the mortgagee becawe of the (ailuro of the mortgagor to promptly
and fully rnmply with the agreement, rtipulntions, conditions and covenant of snid note and this mortgage,
or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and the mortgage or either. In the event the mortgagor fails to pay when
dw any tux, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either. the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bens interest from date thereof at the highest !aw-
ful rate then nlbwed by the laws of the State of Florida. -
~l any sum of money herein referred to be not pron-ptly paid urithin 'thi2`t~ days next alter
the snort becomes due. or if each and every the agrwntent, rttpulations, conditionu and rnvenant of satd_
Holt and this mortgage. or either, are not (ally per(onned, complied with and abided by, thin the entire
rum mtnttontd in said Holt. and the mortgage, or the tnltn balnrtce unpaid thereon. shall forthwith or
thereof ter, at the option of the mortgagee, 6.come and l» dui and pnyab[t, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exee+ctse any of the rights or options herein
provided shall not eonstitutt n waiver of any rights or options under said Holt or the mortgage accrued or
lherenf ter accrtdng.
~n ~~~ ~l~Ctt~fr the snid mortgagor has hereunto signed and sealed these present the
day and year first above written.
$ ,sealed and delivered in the presence of
STATB OF FLORIDA.
coutaTY of I~AIIq? LUOIS ~
I HERE)sY CBRTIFY that on this day. betose me. m
oi6eer duly authorized is the State aforesaid and in the County aforesaid to take aclsaowiedsmeab. personally appeared
KARL= L. SAZQDERB, a xido~,
to me kswwn to be the Peron darn'bed ~ and who ezecuted the foresoins itutrument sad she acknowledged
before the that /h1 esccuted the same.
WITNESS my hand sad official seal is the County and State last afotwid this 12th day of
~a1~Lla>r~ A. D. 19 62
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=` '~ : D,t A n Y ;•~ -_ IR rs tI~ Nly Cgmmission Expire: Nov. 28, 1
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