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nnd shnll pc~rjorm, comply u~itl~ ~nc( nhir~~ ~~y eac{~ arul e~~ery thN Ag-eements. ~stipulalions, c:onditions and
' corennnts tl~c~rt~~J, n?ed of tF~is mortqa~e, thF~n t{iis mort~a~e an~ the . ~tafp he~reby <•rPatrd, shall c~cue. ~~e-
; t~rnti?~~ nnd bp null arid i•oicL ~
~nd t~iP martgnc~or {ii>rr~~y jurt~~er rovP?tants anc~ agrees to pay promptly when ~ue the princ•ipa~ anc~
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i inte~~est nnc~ otf~er sums o( mone>y pronic~e~~~ ~or in saicl note and t~is mortgage, o~ either; to pap all and '
sinc~u~ar t{~c~ ta.t•t~s, nssess?rie~nts, 1Pl'lPS, lie~bilifies, obligRtior?s, antl ence~mbrareces of Pt~Pry nalurP on said pro- '
' pe~rty: f~~ Ex~rmit, rommit or sujfer rio toasle, impaern:enf or c~eterioraliori o~ snic~ ~an~ or the irnproi~emenls ,
~{u~rnor~ at ar~y tim~; !o k~~c~p t~~e~ haiilt~i~lqs nou~ nr I~erE>nf Ie~r o~i sai~ ~anc~ f u~~y insurecl in a sum o( not ~ess ~
; tlran FULL INSURASLh VALUE ~
irr a rompan~~ or rompanie~s nrcc+ptaE~~e~ to f{te mortpa~ler. thc~ policy or pa~icies to ~~c h~ld 6y. a?~d ~QyUbl~ i
to, saicl morf,yary~P, n~u~ in the ei~ent any sum of money becomes paya6le tiy virtue oj such insurance the i
mortgn,ryee sha~~ {~nrE~ the ri~ht !o recc~ire and apply fhe same to the incle~tedness {iere6y secured, arcounting i
fo the hlorlqpqur Jor nny surplus; to po> al! rosts, ~harc~es, ancl expenses, including luu~yer's `PPS and title
s~arcE~c~s, r~aconn~~~y inc•urre~ or pai~~ f>y tfie morfgagee ~>ecause o( fhe ~ail«re of t~p mortgagor to prompt~y ;
~ anc{ ul~y cw:i ~ ~ i .
j p~ tnil~~ t{~e> n~~re~monts, stipulations, conc~itions anc~ c'ot enants v~ sait~ not~ nrtc~ f{iis mortgage.
or eit{~er; to p~r(urm, comp~y ioit{i nnc~ nhi~~P hy ench anc~ et~ery t~e agraeme~sts, stipu~ations, conditior~s an~ i
' roi~c~nnr~ls sef jort~~ i~~ sai~ notr n?i~ t~?is mort~a~P or eit~er. ~n f{~p P~~ent the mortqagor fails to pay u~~e?t i
c~ue ur~y tnz, assessr?u~nf, inst~ratt['~ prPntirem or oftier siim of mo?iPy payable 6y rirtue oJ sait~ note artc~ f{?is i
mnrt~aye~, or c~it{~c~r, f~i~ morlr~nqeF• mny pny fhe same, without waiving or a~fectinq f~P opfion to (orec~ose ~
or nrty otfier ri<~{~t Iiereunc~er, nnc~ nll su~l~ paymenls 5hall 6Par interest ~rom ~ate thereo) at tlie highest ~aw- i
' ~~i~ rnle tE~~n n~~o~i~ec~ ~~y f~te ~au+s oJ !fzP ~tafe o~ F~orir~a, ~
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nriy sum oJ me~ne~y ~~c~rc~in re~c~rrn~~ to E~e not prompt~y pai~ u~ithin lifteen c~ays next af ter (
11~~~ snrn~> h~~~~omt~s rlu~, or iJ earli ~~r~d i~i~~ry tlie ac~reemr~rits, stipu~alions, conclifions an~{ coi~er?arits of said '
nole anc{ t{iis morfgaqc~. or e~it{ii>r, nro r?ot ~t<iIy performecl. comp~ie~~ with and a~ic~ecl ~y. t~ten the entire j
sum mantion~cl in snid note, a~ed this r?~ortc~agP, or the entire balance unpatd t{?ereon, s{?al[ fortfiwifl~ or ~
fherc~~ f ter, at th~ option o( t{?e mortc~a~ee, become and be due nnd paya6le, anyt{~ing in said note or herein I
to fl~c~ c-ontrary noiu+it~islar~~inq. f ni~ure ~~y th~ mortgagep fo exercise any of the rig~ts or optiorts {~erein '
prori~~c>c~ sE~~~[[ riot c-onslitutc> a u+nirc~r o( ~nv riqftts or ~ptrons tulc{rr snic~ note or this mortyar~e acrrciP~ or
i{i~r~a~ler nrcrtiinct. ~
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~n ~itness ~hereof ~'IP saicl ntortgaqor ~1A5 {ie~rc~t:nfo SIQRP~ f1R~ SPR~P~ t~tPSP i
f preser~ts the
[~nV anr~ pc~nr ~irst a{~oe~c> ~i~rittc•ri.
~iqn~~r~, sc~nlc~~~ ant~ r~c~~ir~nrc~t~ ir~ t~i~ ~s~nt~~ o~:
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V~27..G~. E~. MOitR SON ;
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STATE C)r FL() :1, C
COi'\TY (~F .~j~0 `
I~IEREB~' CERTIFY that un this day, before me, an ,
offi~rr duh~ aut}iori~cc{ in the Stat~• aforrsaid and in the Count~~ aioresaid to takr~ acknowtedKnrents, perwnally ap~eared
DAVYD G, E. MORR~SON and P+~RY ~o MORRISON,
t<~ m~• k~~o~cn to he~ th~~ p~•rsnn S described in 7nc'. Hho executed the forc•~oinq instrumrr~t and they : cknowledqed '
l.+~for,• uic t6.it t~°lEy ccc-±irrd _the samc. ~
~~'I-1~\F.SS nn nat:d and offici,~l scal in th~• C:ut.nt} and St~tr last aicresaid this J day of
P1LTC~LiSt, I). 1? ~?rJ • . , . , ,
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NOTARY B~LIr` . ' " -
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State of Florida it ;I~?rt~e ` i~-
My com~ission expires: - . c,' , ~ ~
Nctary Pub!ic, ~tat~ cf Flcrida at iarge ~ '
My ~~;m~=_ ~x; s~,:.. e~C t~ RE~ lt~E~, j?r;°'•....,.•• ` '
~ . 600K ~l ~0 . ;
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S~ AUG I 6 PM 12 ' 2 9
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