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and aliall pe~jorm, comply with and abide 6y each and enery tf~e agresmenti, stipulations, condtttons and
covenanta thereo~, anc~ of this mortgage, then t{?is mortgage ancl tl~e eitute heroGy c~ated, shull oawe, de-
termine a?ed be null and void.
n111i ttie mortgagar hen+f~y ~urther covenants and agre^s to pay prorr~pf~y w{?en due the prfncipnl and
inferest and ot~e~ su?ns o~ money provided for in said notw au?d fkis moAgage, or eit{~er; to pay a~~ and
singular the laxe~, a+sessments, levies, ~ia6ilities, obGgations, an~I encumbmncea of e~ery nature on said pro-
perty; to permit, commit ar au(~er no waste, impairme?nt or deterioratton o~ aaic{ ~and or t~?e improven~enb
thereon at any tir~e; to keep the buildings nou~ or {te?rafter on eaid Iand ~ully ins~ued in a suir? o~ not ~ss
ehon ~ 5, SOO.OQ in f ira and Nindstorm ir_ surance
in a rompany or compa?eies acceptable to the mortgagee, the pollcy o~ policies to 6e {~81d 6y, «,?d paya6le
to, satd mortgagec~, anc~ in t~e event any sum o( Money becomea Paymbl~ 6y vi~tue~ of suc{~ insura~ce the
mortgagee sFtall l~ave t~e rig~t to receive and apply the same to the intlebtedness f?ereby secured, accounting
to !he mortgagor jor any surpjus; to pny aj~ costs, cha?pes, and expenses, incluc~ing ~aeuqer~s ~eea ant~ tille
searc~es, reasonab[y incurn+d or ~~d 6y the ~nortgagee 6ecawe of t1~e /aflure o( the mortgagor to promptly
and f ully comply wit{~ the ag?eemenis, stipulations, conditions and covennnts oj said note and tl~ia mortgage,
. or eiti~er; tu perfor?n, comp[y with and abide 6y each and every the agreements, artipulations, conditions and
couenants set f
orth in sai~l note ant~ this mortgage or either. In the event the mortgagor f
nils to pay when
due any tax, assessment, insurance premium or ot~er sum of money paya6le 6y virtue aJ said note and this
mortgage, or either, the mvrtgagee may pay the same, euithaut u~aiving ar af~ecting the optian to jorecloee
or any other rig{~t I~ereunder, and a~I such payments shall bear intPrest from dnte therea~ at tF~e higl~est lau~-
~u~ rate then allowed 6y the ~ows of t~e State o~ ~~oric~a.
~L a?iy sum of money {~erein reierrecl to be not prompt~y paic~ withire }}+7}}}~} tlays next ajter
the same becomes due, or if each and every tF~e agreements, stipulutions, conditions anc~ covennnts o~ said
note and this mortgage, or either, are not ~ully performed, complied u~it{~ ancl abided by, then the entire
sum menticned in said note, and this mortgage, or tF~e entire balance unpaid t~te?~,wn, sha~~ fort?twith ar
~ therea~ter, at t{~e option o~ t{~e mortgagee, become and 6e due anc~ pava~s~e, anyt~ing in aaic~ note or heretn
to tfte contrnry notu~itfistanc{ing. Failure by t{~e mortgagee to exercise any of the rrg~ts or options {~erein
pro~~ided shali not constitute a waiver of any rig{~ts or options unc{er said note or this mortgage accrued or
therea(ter accruing.
~~~~5 ~Il~1~Ol~ the said mnrtgagor has hereunto signed and sealed these presents the
day anc{ year (irst a6ove u~ritten.
Signe~, ea d an c~~ered in t presence o~:
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l.,Ai r C' G, 1/
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STATE OF FLORIDA, ~
COli1VTY OF $t. Lua ie
I HEREBY CERTIFY that on this day, txfore me, an
officer duly authorized in the State a(oresaid and in the County aforesaid to take acicnuwledgments, peraonally appeareu'
J, P. MDRGAN and OLA MAE MiOI~AN', his wife
to me known to Ue the person $ described in and who executed the foregoing instrument and t~y acknowledged
~ before me :hat t~t@~7 cxecuted the same.
~ti'ITNESS my hand and officiai seal in thc Caunty and Statc last aioresaid this 30th day of
aTUtZy A. D. l9 6 rj ,
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q07AR1/ Pl{SItC, STAYE Of FidRIDA ft LARGE :~~~~,~~C~"~ ~,r~~~~~~•i i
MY COMMISSION EXPIRES APR. 27, 196~ • ~ t>~~ •
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