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~ nnd shall pe?~orm, comply u~ill~ and a6ide 6y each and every the ogreements, alipulationa, rnndilio?ts and
conenanls Iherpo~, and oJ this mo~tgage, I?~en Ihis mwfga9e and the estate hpreby created, ahall eease, ds-
termine and 6e null and void.
t ~ t~~e morlga~o~ ~ereby ~wl{~e~ covenants and agrec?a to pay prompfly when clue the principal and
~ interest and off~e~ sums o~ money provi~ec~ (or In saic~ note a~d fhts mo~tgage, or eif~e~: fo pay a~~ nnd
~ singula~ Ihe ta.res, assessmenfs, levies, liabilities, o6ligations, and encumbronces o~ every nature on snicl pro-
perly; to pe?mif, commif or suf~e~ no wasfe, impairment or deterioration o~ saic~ ~ancr or Ihe ~mprovemenfa
Ihereon at any fime: to ~PPP IhP buildings now or herea(ter on said land ~ully insured in a sum of not less
tl~a?t~/~D~~•~' °
~ in a company or rnmpa~ies accepta6le to Ihe mortgagee, Ihe policy o~ policies fo 6e held by, und pnya6le
to, said moei~aQee, and in tl~e event any sum of money 6ecomes paynble 6y virtue o/ sucl~ ins~unnce the
mo~fgagpe sha~~ {~ave t~e right to receive and apply !he same to ll~e inde6ledness F~ere6y secured. acrounttng
to I~e morlgu~or Jor any surpliu; lo pay nl~ co~fs, ctiarges. anc~ expenses, inc~ucring ~awy~s leea and tif~e
sea~+ches. reasona6ly incumed or paid 6y the mortgagee 6ecause o~ the ~ailure of the mo?tgagor to promptly
~ and ju~~y comp~y with fhe agreemenls, stipu~attons, cone~itions and covenanfs o~ saic~ nole ana ftiis mortgage.
~ or eit~er: !o per(orm, comply with and u6ide 6y each nnd every !he agreements. sttpu~ationa, conc/itions anc~
covenanfs sel (ort~ in saic~ note nnd ttiis mortgage o~ gteke~. ln the enent t~e mortgagor ~ai~s to pay w~en
d~ any ~~r, assessmenf, insurance premium or othe~ sum o~ money pnya6le 6y virtue o/ said note and this
. morfgage, or either, t~e mortgagee may pay the same, wifhout waiving o~ a~Jecting the oplion to ~orecjose
or any oiher right hereunder, ond ull suck payments skall 6ear inte?eat Jrom date thereoj at tl~e highest law-
f ul ro1e then allowed by the laws ot t1~e Stale oj Florida.
7l any sum oJ money herein re~erred to 6e not promptly patd wilhin .~0 da~rs next n(ter ;
~ the same 6ecomes due, or iJ each and eoe?y the agreements, stipulafions, condilions nnd eouennnts o( snid
~ note and this mortgage, or eifl~er, are not f ully perjormed, c~omplied wit6 and abided 6p, then the entire
' sum mentioned in snid note, and this mortgage, or the entire 6alance unpaid the?+cwn, shalt ~o~thu~ith or
t6ereajter, at t1~e option o/ fhe mortgagee, bec~ome and 6e due and paynble, anything in satd note or herein
to t/~e rnntmry notwitl~stnnding. Failure by fhe mortgngee to exee~ciae any oj fhe rights or opNons he?efn
provicled sha~~ not consfilute a waiver o~ any rig~ts or options under saic, note or this mortgage accruec~ or
ther~a jter acrn~ing.
the said morl or has I~e~eunto signed ancl sealed tl~ese presents ihe
I ~Il ~lttltSS ~~Of, 9~
day and year ~irst above wriften. ~
Signe e d nd d v ed in tl~e presence o(: ,
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STATE OF FLORIDA, ~
COUNTY OF ~ p~~~
I HEREBY CERTIFY that on thu day, bef~e, an
of(icer duly authorized in the Stat~ aforesaid and in the County aforesaid to take acknowledgmentt~ perso~aUy appeared
. ~~~~~e ~ ~e 7~
` to me known to be the personS described in and who ezetuted the forcgoing instrument and acknowkdged
! before me that exccuted the same.
WITNESS m hand and o(ficial seal in the County and State last a(oresaid thu day of
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'l.Lc.,~ A. D. ! 9 6(~
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I FILEO AN REC RDED No~, ~ic, Sta~e o1 Hor;d, at tr.zc
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s t+q? co.~sio. E~i~ Mn? r. t96~
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