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an~ shdll per~orm, c~amply u~ith and ubide by each and e~~ery t{~r agreements, stiNu~ations, conditions and ~
rorenants the~eo~, ancl oJ thts mortgage, then this movtya~p and fhe pstatp he~reby rreatec/, shatC ce~ase. d~- I
termine ancl 6p null and i~oicl.
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~ ' ~ thP morfc~agor heroby ~urther covenants arid agrees to pay proro~pt~y when due fhe princ•ipal and
~i interes! an~ of~ier sums o~ mortPy proaic~ec~ ~or in saic~ ?eote and this mortgage, or etther; to pay a~~ and ~
i~ sin~Iular the taxes, assessments. ~ei~ies, ~iabilFfies, o6ligationa, and en~umbronces o( e~try nuture on said pro- i
;i perty: fo permif. co~imit or su(~er rro waste, impairment or c{eterioration o` said lond or ihe improvements ~
i~ t{?ereon at any time: to ~PPP ~~P buildinqs now or herna)t~r on caid 1ant1 Jully insured in a sum o( not less I
~ tho„ the amount of the indebtedness secured hereby.
~ in a c•ompany or companies accppta6~p to t~e mortgagee, t{?e po~icy o~ policies to tie he~ ~y. an~ payab~c+ I
~I to, saic~ mortga,yee, unc~ in t~e ei~ent any sum oj money becom~s Paya6l~ by vi~tue oJ suc{t insurnrice t~e i
ntortgagee sha~l hAVe the right to receive and apply the same to the inde6tedness {?ere6y secured, accounting
,I to the mortga~or ~or any surp~us; to pay ai~ rosts, charges, and expenses, inc~ucling lau~yer~s ~ees aacl lit~e
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~ sparc{?es, r~asona6ly incarne~ or paic~ ~y t~e mortgagee becatue of fhe ~ai~ure o~ the mortgagor lo prompt~y ~
and ~ul~y comply u~ith the agreements, stipu~ation9, conditions anc~ covenants o~ saic~ note anc~ t{~is mortgage.
i' or either; to perfarm, comply u~ith ancl abide 6y each and every the agreements, stipulations, conc{itions and i
'E covenants set forth i?i saicl reote and this mort,qage or either. ln the event t1?e mortgagor (ails to pay tuhen 4
jj due any tax, ussessment, insurance premium or other sum of money payable 6y virtue oF saic{ note anc~ t{iis ~
il rKOrtgage, or eit~er, the mortnac7ee may pay the same, withou! wai~ing or a~`ecting the option to Jorecjose ~
i or any other right {i~rei~nc~er, arid' a~I suc•h payments shall beur interest /rom date tF~ereuf at the highest lau~- I
~i f uI rnte t{~en allocved 6y thp lau~s of lhe State o/ Florida. ~
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;j ~L ariy sum o~ monev herein re(erred lo he not prompt~y paic~ within 15 c~ays next a~ter
;f tF~F same becomes dup, or i~ each an~ P[~P?'y I~e agreements, stipulations. conditions and co~~enants of said
note anc~ this mortgage, or either, are not {ully per~ormed, compliec~ with and a6ided 6y, t~en the entire
il; sum mentioned in said note, ancl this mortgage, or the entire 6alance unpaid thereon, shall jorthwit{s or
~i t{~ereajter, at t{~e option of f~e mortgagee. ~ecome anc~ ~e due and papab~e, anything in sai~ note or herein
I to t{~e contrary natu~it{~stanc~ing. Failure by the mortgagee to exercise any of the rig~ts or options ~ierein ~
pro~~ic~ec~ shall not coristitufp a u+aiver o~ any rig{~ts or options unc~er saic~ notp or this mortgage aecruec~ or
~ t{~erea~ter nccruin,ry. ;
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Dn ~itness ~dhe~°eof~ the said moriga,qor I~as heretinto signerl arid senlec~ these presents the ~
~a~ anc{ year first abo~~e written. ~
Sit~rtetl. s~n~ed nnc~ tlPli~~eretl in thP presence of :
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;i ~.!'-~lt ; =t_C. ~/.CE~3d'~~ ~ ~ ~
~ . ..........~~%L!!A.~!''~a.-_ . '~~~~"'~s••. I
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~ / W' lliam Henr S '
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Barbara A. Sapp ;
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~j S'TATE OF FLORIDA, ~
r.ot~tiT~~ or• ~T LUCIE
' I HBREBY CFRTIFY tFat on this day, before me, an ;
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officer du:y authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personaily appeared
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WILLIAM HENRY SAPP and BARBARA A. SA~'P, his wife i
' to mr known tu be the person$ deseribed in and wha executed the foreqoing instrument and the3' acknowledqed ~
' beforc~ me that thk'.y executed the same. i
~1'IT`F.SS m}~ hand and of(icial seal in th~~ Count}~ and Statf~ last aforesaid this ~ day of ~
C.l~~gust n. ~s65. ~
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~ . , ta . PUbll ~ s........ . . . - - - . ~5 ~2
ar~ +i+"1 ry 'c tate of Florida at Large, `
(~'y,, , ,,t Z?,~1963
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My Commission expire~; ~E~~oRST
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