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I and shall per(orm, covnply u~it{~ and a6ide 6y each nnd every the agreementa, stipulationa, conditions ared
cvi~enants thereof, and o~ this mortgage, then tl?ia mortpage and the eatate herwby creat.~, s{~al~ ce~ue, de-
lermine anc~ 6e m~~~ and void.
7ULLL the mortgagor her~~by /urlher covennnta and a9rees to pay pro?npf~y u~hen dus the principal and
intore~t anc~ other sums o~ money providecl ~or in srtic~ note and t~xi~ mortgage, ow either; to pay a« and
I singula: the taxes, assessments, levies, lia6ilities, obli9ationa, and encumbr+ances uf every natwe oa ~aid pro-
perty; to permit. commit ar suf
Jer no waste, impairment or deterioration o/ ~atd b.?d or the improvements
thereon at ar~y time; to RPPP 1IlP 6uildings now or {?prPa~ter an ~pid land f ul~y insured in a sum of not less
tf~an
in a company or compunies arcepiaf~~e tu the mortgagee, t~e po~icy or poiicte~ to 6e ~e~ hy, and paya6le
~ to, said mortgagee, an~ in the ere.nt any sum of money 6ecomes payable 6y virtue of auch insurance the
mortgagee shall ha~~e the right to receive and apply the same to the inde6tednesa hereby secured, accounting
to the mortgac~or ~or any surplus; to pay a~~ costs, charges, and expenses, inc~uding ~awyer~s jees ane~ tit~e
searches, reasonably incurre~ or paic~ 6y the martgagee because o~ the ~ai~ure o~ t~e mortgagor to promptly
~ and /u[Iy comply with the a~reements, stipulations, conditions and covenants o/ said note and this mortgage.
~I or either; to perform, compiy with anc~ abide by each and every dhe agreements, stipu~ations, conditions anc~
i covenanfs set ~orth in said note ared this mortgnge or either. jn the vvent the moHgagor `ai~s to pay when
due any lax, assessment, insurance premium or olher sum o~ money paya6le by ~irtue o( saic~ note and this
~ martgage, or either, t{ie mortgagee may pny !~e same, without waiuing or a~~ecting t~?e option to lorec~nse
or any other right hereunc~er, ancl alI such payments shall benr interest from date thereo~ at tFte higl~est ~aw-
~ f u~ rate lhen allou~ed 6y the lau>s o) the Slate o~ Florida.
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j; )t any sum of money Iterpin re(errec~ to be not prompl~y paic~ within thirty days nezt a~ter
t1~e same 6ecomc~s c~up, or iJ earh and every the agreements, stipu~ations, conditions anc{ covenants o~ said
i~ note and this mortgage. or either, are not jully performed, compliecl with a?id a6ided by, t~en t1~e e??tire
~ sum mentionecl in said note, and this morigage, or t~e entire balance unpaic~ thereon, shnl~ forthwith or
I) therea~ter, uf the option o~ ihe mortgagee, tiecome an~ f~e due and payable, anyt{~ing in said note or herein
II to the contrary notu~it~stan~{ing. Fai~ure by ~hP morlgagee to exercise any of (he rights or optio?u hereire
ii provided shal~ not ronstitute a waiver o~ any ri,yht~ or options under saic~ note or this mortgage accrued or
~ thereaJter accruing. I
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~~t~~s ~~~rQ~t~ the said mortgagor has hereunio signec~ and sealed these presents the I
~i c~ay nnc~ ycar first a~one iorittPn. ~
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II Sic~ned. sealec{` and delii~~rnd in tFi~ presencp o~: ~ r ~
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STATE OF FLORIDA, j ~
, cc~t~`~r~~ c~F ~t. Luci~ ~ (
I HEREBY CERTIF'`i' that on this day, before mq an
of(ic er du:ti authoriz~d in the State aforesaid and in the County aforesaid to take acknowledqments, p~rsonaliy appeared I
Kent M. Ovenc~lt and DorothS~ P-i. C~verholt, his wife ~
ta me known to be the pi•rson described in and who e~ecuted the fore¢oing instn~ment and they acknowledxed I
b~~(or~~ rne that t h e ycxecured the sarne. !
~~'IT\F,55 rny ha«u nnd official seal in the Cvunty~ and Statc last aforesaid this j-7L~ day of I
t~ctober r~. t9 65.
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0 K t+btary Pubiic, SUte of florida at larqe
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, + M~? Commissioq Ex p
iras Mzrch 19, lyb? :
'I 9ondld BY Arauiun Fu~ 3 Ca:ruJy C~. ..~~~rrr.r.
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