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' ;I nnd shall per~orm, ramply with and abir~e by each anc~ e~~~ry tlte agrrements, stipu~tions, conditions and •
~ i! covenanfs t{~Preo~, and of this morfgage, Ihen t~ia nto~lpagN and the estate he.~by cerate~, sf~a~l ceaie, de- "
~ , tprmine anc~,~e null anc~ ~~oic~. ~ '
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~ ~ III~ t~p mort~lac~or herv~y f urt~et covenants antl ag?res to pay prompt~y tuken due fhe priricipa~ anc~
' interest or~c~ other aums o~ money provie~ec~ ~nr tn saic~ note anrl this mortgage, or ettf~tr; to pav al~ ancr
j sintiular lf~e IA.YPS, assessments, levies, lia6ilities, o6ligations, nnd encumbrnnce~ of e~~ery nalure on said pro- ~
~ i perty; to permit, commit or su(~~r nn waste, impairment or deterioration of suicl land or the improvementa '
; t{?ereon at any time; to EIPPP I~14 6~iildings now or herPa~ter on snid land )ully insured in a sum o~ not l~ss ,
_ i~~pn th~ •prinoip~?1 s,~ount of thie =ort~ g~
~ in a compnny or companies acceptab~e to tha mortgagee, the policy or po~icies to he {~e~c~ tiy, and paya6le
, i! b, said mortpagee, anc~, in !he event any sum of mone,y ~ecomes paya6le by vsrtue of such insurance t{?e ,
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j~ mortgage~ shall ha~~e the rig~t to 1'PfPlVP anc~ apply the same to the inde6tedness hpr~6y se~~d, accounting I
I~ to the mortga~~r ~or any surplus; to pay alI costs, charpes, anc~ expensea, inclut~ing lawyer's Jees and ti1le
j~ seam{~es. reasonah~y incurre~ or paid 6y thp mortgagee hecuuse o~ t~e fai~ure of the mortgagor to prompt~y
anc~ ~u~~y comp~,y u~~~h th~ ag~eemenfs, stipu~ations, conc~itions and corenunts of saic~ note ana ~his mortgage. ~
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or either, to per/orm, comply with anc~ a6ide 6y each a~d every the agreements, ~tipulations, cant{itions' antl
~I covenanfs set forth in sai(~ RO~P and tf~is mortgage or eetl?er. In the event the mortgago~ fails to pay when
i~ r~ue any taz, assessmPnt, insurance premium or other sum of money paya6~e 6y virtue of said note an~ this i
. ~ !i mortgage, o~ either, t{~e mortgagee may pay the same, wit{?out wai~ing or o~fecting fhe option to ~orec~ose I
or any other right F~errunc~er, and all such payments sF~aII bear interest ~rom dafe thereo( at the highest latu-
(ul rate then allowed by t{~e luu~s o) t{~e S~ute of Florit~a.
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II 1` any surrt o~ money ~ierei?i re~erred to 6r not promptly paid withih t,},~rt~I days next after II
the same 6PCOmes due, or iJ each and every the agreements, stipu~ations, conditions and covenants oj saic~ 1
;j note and this mortga~p, or eit{ier, are nat fully performed, comp~ied with and abided 6y, tl~en t{~e entire
~ sum mentioned in said notp, and this mortgage, or the entire 6a~ance unpaid lhereon, shal~ fnrtheuith or -
' thereaf ter, at lhe option o/ the martgagee. 6eco?ne and 6e due and paqa6le, anything in saic~ note or ~ere?in
iI to fhe contrary notwitF?standing. Pailure by tf?e mortgagee to exercise Kny o~ the rights or optfons ~erein ~ .
~~I provi~ec~ s{~a~~ riol constitute a uraiver o~ any ,rights or options unc~pr saic~ nofe or t~is martgage accruPC~ or
; ~',i t{~ereaf ter accruir?c~, i
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~n ~~~~s ~1[~'~`~ th~ said mortga,qor hns hQrpunto si~ned and sealed these pre~ents the ~
!i ~{ay canc~ y~ar f irst ahove u~riften. '
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!i Sig?eec1. sealed nnd deliuered in t{~e presenre o): i
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~"rJ~ • ~ - ~~~~'1CT~ ~ FLnRIDA~ i
R'-c~~t~ oF ST. I.~OI~ ~ I
~ I HEREBY CERT1Fl' shat on this day, txtore me, an ~
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officer duly authorized in tne Statr aforesaid and in the County aforrsaitl to takP acknowltdgments, prrnnaily appeared ;
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S4RL M. HOBTI~N and STF~I, HO&TI~, hie xife, '
to me knawn to be the persan$ described in and who ea:ecuted the forrgoing instrument ard '~}g~~/ acknowledged ;
befor~ me that ~,h@~exccuted the same. ~
' ~1'IT\ESS my hand anc~ official seal in the Gountp and Statr last aforesaid this G` ~
i2. day of i
_ j1~g11~~ .A. D. 19 65 . I
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