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~ mort~a~a, thsn this ~rt~a~e ~ed th• sstats hsrsby crsatsd, shali
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` csass, det~r~ia~ and be nnil and void•
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~ AHD ths mort~a~or hereby further covsrta,nts and a~rsss to ' ~
psy prompLly whan dus the principsl and intacsat and othsr sums ot~ ~
money provided for in said rtote and;this mortga~s, or sitriec; to
pay all and singular the tsxes, assessa~eats, levies, liabilities~ ,
obligations, a~r~ld encumbrances. of every nature on said property; to
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p~trmit, comaait or suffer no r+asts;~ " ianpairment or detsrioration of
; said iand or the improvsmentatherevn at any ti~e; to keap.the ,
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~-buildings noa or hereafter on ssid 2and fuily insured-in a su~ of
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in a company or companies~acceptable to tha ~aortgagses, the poli~y
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or policies to be heid by, and payabls to, said mortgegee, and in
.the event ar~y su~ of ~aoney becomea payable by virtue of such inauranee
: the mortgagees shail have the right to recaive and apply the same
, _ to the indebtedness hereby secured, accountin~ to the mortgagor fo!
eny surpius= to pay ali costs; charges, and expenses, including
iavysr~s fees and ti tl~. searches, reasonabiy incarred or paid by~ t ha
mortgagees because of the failure of the mortgagor to promptly
~ and !`ui~ly compiy M?ith the agreements, stipulations, coaditions ead ~
covenants of aaid note and this mort8ase~ or eithcr; to perform, ~
~ comply With and abide by sach and ever~r the agresments, stipulations, ~
conditions and covenants aet forth in aaid note and this mortga~e - I
or e i ther ~ In the event the mort~agor f a i l s t o pay ~hen due a~yr ~ -
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tnx, assessment," insuranee premium or other sum of- money payabl~ .
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~ by virtu~ of snid note and this mortsa8e, or either, tha mortgagess ;
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• msy pay ttu same, without ~raivin8 or affecti ag the option to fore• ~ ~
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eloae or a~ other right herennder, snd sll such paynisnts shail
~ ~ bear iatarest from date thereof at the highesL Ia~+!'u2 rats then
' a~lo~red by the laws of the State of Florida.,
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. IF any sum ot money herein referred to be_not promptly ,
paid within -30- dsys next after the same becomss due., or if eaeh - ~
and every the agreements, stipulations, conditions snd covenants
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~ . - . . _ - ~a~R 84 _ 196