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and shall pe~Jo~m, comply with and n6~de 6y ench and e~~ery tRe agreeme~ls, sNpu~aftons, condttto~s and
co~~enants thereoJ, ond oJ this mortgage, then this ?nwtgage nnd tF~e eatate 6ereby created, ~l~all ceasa, de-
termine and be null and void.
7U~~ lhe mortga~or heroby f urther couenants and agreea to pay promptly u~hen due tl~e princtpal nnd
in~erest and ofher suma oJ money provided (or in said note and this morigage, or eifher !o pay alI and
~ sin9u[ar the ta.res, assessments, ~evies. Iiabilities, o6ligattons, and encumb~+ances o/ every nature on satd pro-
i peHy; to pe~mit, commit or su~~er no waste, lmpairmenl or dete~ioration o~ said land or the improvemenls
~ I~e~+eon of any time: (o leeep the 6ulldings now or 6erpu~fer on saia land f
uJJy insunecl in a su~ oJ ~of ~ess
Ihan MAXIMtA~I INSiTRABI,~ VAI,UE-T---~-----------------------~-------------
in a company or con~~anies accepiab~e fo 1{~e morfgagee, the po~icy o~ po~icies to be ~e~ by, and ~xiyabl~
~ fo. saic~ mor!gagen, an~ in fhe event uny sum o~ money becomes ~x.ya6l~ 6y virfue o~ suck insurance the
mo?tgagee shal[ have the right to receive and apply the same to tl~e indebtedness here6y secured, accounttng
to fhe mortga~or Jor any surplus: !o pay a~~ costs, charges, anc~ expenses, inc~uding ~awyers fees and tit~e
senrrhes, reasonab~y incurrecr or paid by tF~e morlgagee 6ecause of t~e ~ai~ure of f/~e mortgago~ fo prompfly
ane~ jully coneply with the agreements, sfipu~ations, conc~itions and covi~nants o( snid note ane~ t~is mortgage.
or either: to perjorm, comply witl~ and abide by each and euery the agreemenfs, stlpu~ntions, rnrtditiona and
; covenants sef forf~ in said nofe a~cl I~is mor(guge.or either. /n the event the ~+torfgagor jails to pay when
~ due any [ax, assessmenl, insurance premium or ofher sum of money payQble 6y vfrlue o~ saia note and t~is
~ mortgage, or either, f~e mortgagee may pay 1/ee same, cvifhouf wai~ing o~ affecting t{~e option to forec~ose
I or any other ri~l~t 1~ereientler, and al1 suc6 payments shall 6ea~ interest (rom dnte t6e?eof at tl~e I~igl~est law-
~ Jul rate ll~en allowed by the laws oj Ihe State oj Fiorida.
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' ~f
! any sun~ o) monpy herein ref
errec, to be not promptly paid within '1'HIRTY c~ays next af ter
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~i t6e same becomes due, or iJ ecich and every the agreements. stipulations, conditions and co~enants of said
note anc~ t1~is mortgnge, or eitl~er, are not ~ully ~~formetl, complied wiih antl a6td~d by, fhen tlte enlire
sum rrtenfioned in snid no1e, and lhis mortgage, o~ tT~e entire balance unpaid ther~eon, shull /ortl~with or
thereojter, at the oplion oj tl~e mortgagee, 6ecome and be due and paya6le, anything in aaid note or herein
~ to the c~ontrary notu~ifl~standing. Failure 6y the mo?tgagee to exericiae any o~ fhe rig~ls or options ~terein
+ provided sha~~ nof consfitute a waiver o( any rights o~ options under said note or fhu mortgage accrued or
' ftierea~ier accruing.
( ~n ~itness ~hereof
~ Ihe saic~ morfgagor ~as {~ereunto signed and sealec~ these presenls the
~ ~ay an~ year ~irsl aFione u+ritfen.
Si ed, sea~ed nd elin~red in 1he presence o~: ~
a
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ARTH~JR GAI US _
C---------------------- - 1~ ~~"6t~7~~-.~G~IINOU _',.~..rs'._.......---•----------~~
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STATE OF FLORIDA~ ~
j COL'NTY OF St. LUC1~
~ I HEREBY CERTIFY that on this day, before me~ an
~i oEficer duly authorized in the State aforesaid and in the County aforesaid to wk~ acknowledgments, penonally apptared
:t
j; ARTAUR GAINOUS and MYRTLE R. GAINOUS, his wife
to me keown to br the person S described in and who executed the forcgoinq instrument and t~1@y acknowkdAed
i' before me that the~xrcuted the same.
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WITIESS my haad ar?d otfirial seal in the County and tc last aforesaid thu 28th day of
February A. D. 19 66.
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• NOTARY PUBLIC - State of Florida
= ~ ^ ; ~=p~0 ~,ND RECORDED K at Large
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~,v - , ~ A g,~~~' ' ' g~~ My Commission Expires:~ a ~t
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~ ' ~ ' ~ r `'66 FEB 28 PN 2 • ``~ti~~~~ti?:~uu~f~~~~
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ROG~R ?~1~f~,.5. CLERK ~v,,c3~ _
;I COUNTY• `=c,: ` .•ti : : ;
g?. LU C i E o._
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