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and aholl perJonn, comply witb and a6ide by eacl~ and every the agraements, atipulations, rnnditions and
, consrwnts tl?areof. ana~ of tl?is mort~ada, the~ fhia mortgage nnd tl~e estate f~ereby e?eatad. sf?aU ceare, de-
, te?mine and b~ nuli and rerid.
~ f~e neortgagor hewby ~urtl~er covennnts and agreea to pay promptly u~hen d~ie tke p~incipa! and
interest ar~d other sun~ oj mo?uqy prouided for in said nole and thu mortgage, or either; fo pay a~~ and
adngu~ar tl+e taxes, waesaments, ~euiea, Iiabi~ities, obligations, and encum6?nnces oj every nature on aaid pro-
perty; to perniit, commit or au~~er no waste, ir~npairment or cleterioration o` saic~ ~anc~ or the improvementa
thereon a! any time; to ~eep tl~e buildi~gs now or het~a~ter on said ~and f ully insured in a sum o( not leae
' tF~an '
in a con?pany or companies aceeptab~e to t{?e mortga~ee, t~e po~icy or policies to 6e h~ld by, and pnyab~
to, aaid nwrtgoges, and in t~e event any sum of money 6ecomea payable 6y virtue o( such inauranre the
mortgagee shaU 1~aue t{?e right to ?eceiue and app~q the samP to tF~e inde6tednesa hereby secured, accounting
to t~e mortgago~ ~or any surp~u~: ta pay a~l cost~, charges, and expenaea, including ~awyer~s ~eea ane~ title
~ aearchea, reaaonably incurred or ~~d by ~h~ mortgagee 6ecause oj the /ailure o/ the mo~tgago~ to promptly
' ~ ane{ ~ul~y comply u~ilh th~s agreements, stipu~ations, conditiona anc~ covenants o/ said note and thi~ mortguge,
or either: to perf
orm, romply with and n6tde by eac{~ and evary the agreerrrents, stipubtio?~.r, conditions and I
co~enant~ set jorth in saic~ nofe and t~ti.t mortgage or eit{~er. ~n the event t~te mortgagor f
ai~s to pay u~hen
~ue any tax, assessment, i?uurance premium or ot{~e~ sum of moneq payab~e by virtue o~ saic~ note and t~ss
mortgage, or either, ihe mortgagee may pay 1~?e same, u~it~?out waiving or a~fecting !he option to ~orecbae
o~ any ot1?er right hereunder, and all such payrr+enta shall bear interest f
rom date thereo/ at the highest law-
~ul rmte then allowed by the laws o/ the St~te o( Florida.
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any sum o~ money herein a~eEerretl to ~e not prompt~y paic~ wit~in t~aqs nezt af ter
I !he same 6ecomes due, o~ if each and every the ~greemenia, stipulation~, conditions and covenanta o~ +nid
~ note arul t1~is mortgage, or eit~er, are not /ul[y ~~ormed, complied witlt antl ab~ded 6y, tlten t~?e entire
~ sum mentioned in aaid note, and this martgage, or the entire balance unpaid tf~ereon, s1ui~I forll?with w
t~ereaJter, at the option of the. mortgagee, 6ecome and be c~ue and payable, anytlting in saicl note or 1?erein
to the contrnry notu~ilhstanding. Failure by thg mortgagee to exer~ise any of tl~e rights or optinna herein
proz~ided shull not conatilute a waiver oJ uny rig{ets or options under saicj note or t~is martgege accrued or
thereafter accruing.
~ tlie said mortgagor has hereunto signed and sealed these presents the
~ ~n ~i~ness ~her,eof
c~ny an~ year f irst aho~e. written. I
~ , sealed anc~ clelivered in the presence o(:
~
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STATE OF FLORIDA,
COUNTY OF ~t. i+llCiE ~
i I HEREBY CERTIFY that on thia day, before me, an
ofCicer duly authorized in the State aforesaed and in the Counry aforesaid to tak~ acknowledqmenu, personally appeared
' nz~ i.d Reed an~ r.ln~r_~ REed, his tivi fe
to me known to be the persorf~ described in and who ezecuttd the foreqoing instrument and ~r~Fy` acknowltdged
I
~ beforc me that triE jr executed the same.
WITNESS my hand and ofticeal seal in thc County and Statc last aforesaid this ~c~T~ day of
I SE~ Tf ~ ~E /Q A. D. 19 ~p ~l~ ~ ~ . . . ~
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. Q ECOt~DED : : : -
I FIL~~~1~1 &COI~:-EOOK = ' 1~,., . , ~ ~ _
, • • ~IOTARY PL'BLIC, STA~€".gf Rt~ft{GA ~t LANQ~_' _
~,I ; ~ MY CQkiMISSlON `EX~FS AFR. Z4,,,i96i•
. ~ ~G~ ~ ~ y ~M ~3 : 20 ~ ~ ~
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~ ~ ' : ~ r~~G~~ ~ ~E ~ODUTY. ~
r~. 5 t. LU C
. . ~ . FLORIDA
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