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c.n.l strati peCfornt. rnmR•ly with and abide by esch and eve. the agreernanh, stinutafioru, •rondetiorts urd
c.,~,~nc-~t~ !hereof, and of this n-urtgaga, tf+er +his r~torigage and the estete beret-~ c're~!ed, small reuse, do-
[c•rmine and ue null and void.
Y1~.~ the nto; tgagor hereby Jurfher ro+~enanls and agrees to pay pro,~tptly wirer. ~fu9 the principal and
interest and other sums o/ money p: waded Jor in said note and this mortgage, or either; to pny all and
sing l6r Iha taxes, assessrnenb, lev:'G, liabtlitiea, obligatio:a, and en: ...~^E-•a::cuss o) e.~er;• nature~on said pro-
pert to permit. commit/or suffer no waste, impairment or deferiomtten of said lane or the tmprovemFnts
the- ,~• nl any time; to ICF?p fire buildirt^~ now o- herenfter on said land fully insured in n sum of not less
fit, r~ fNSUrvI Jle V~-.t+e -~_._ _--- - ~--- ----~
in t company or compnnies accFptable fo the mortgagee, the policy or policies to be held 6y, and payable
to sQid mortgagee, and in the et:ent any sum o/ money becomes payable by virtue of such insurance the
m ,rtgagee shall have fire right to receive and apply the same to the tndebtednees hereby secured, accounting
the mnrt,;ugor Jor any surplus; to pay all costs, charges, and -expenses, inclt.dtng ~ wyer's fees ann title
earches, reasonably incurred ar Faid by the mortgagee because eJ the failure of the mortgagor to`prompiry
and )idly comply with the ogreements, atipulationa: conditions and covenants of surd note and this morlgags.
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this rftortgage or either. In the event the mortgagor Jails lo- pay when
due eny tax, wsessmen:, tnsurance premium or other sum o) money payable by virtue of said note and this
mortgage, or either, fire mortgagee may pay the same, wtthout watvfng or nfJecting the option to foreclose
or arty other right hereunder, and alI such payments shall bear Interest from date thereof at the highest lau~-
(ul rate then af~otued by tine laws of the State of F':ortda.
y ` ~"'`"
li any sum of money herein referred fo be not promptly paid wit{tin - SO ---~- clays next after
the some becomes sue, or if eacf. and every the agreements, sttpulattons. conditions and covenants of said
note and this mortgage, or either, are r;ot fully pQrformed, complied with and abidsd by, then the entire
sum menlfaned in surd note, and this mortgage, or the eattre balance tutpaid thereon, shall forthwith or
!hereafter, at the opfiort of fh~ mortgagee, become and•oe due and payable, anything to said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or opttona under said-note or this mortgage accrued or
thereat ter accruing.
1~ ~ttttoSS ~t4f, the said mortgagor has hereunto signed and sealed these presents the
dny and year first above written.
Signed, sealed and delivered to the presence of : -.~
~ .
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1~~~~~2~/./..~ '~---^' .......G lbert P es '
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STAT); ()F FLORIDA,
COtJYTY OF $T, LUCIB
I H€REBY CERTIFY that on thin day, heicre me, an
offirer duly autltorirrd in the State aforesaid and in the County aforrsaid to take acki~uwiedgments, personally appeared
GILB~RT ~IPBS p.nd MARY J. PIP.3S~ hits strife,
to me known to be the person » described in and who executed .ate (ongoing instrument and Who acknowledged
before me that they executed the samt.
WITNESS my hand and official scat ~~ the County and State last aforesaid this 24th day of
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Notary• Pt~btic, Stets of Florida at [at
My Comm~ss:un Expires March 12, I
Borded by rtr»srican Surety Co. Of tV.. Y,
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