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I and shall p~~r(orm. ~umplv u?i1h and a6ide by ~url~ nnd PPPI'y tRp agreemenis, slipulalioni, rnndlltons and
t~oi~enanls 11i~mu(. ancl o( 1{~is morl~n{1e. Ihen Iliis morfna{~e anc~ fhe estalt {~ereby createc~. ~hall ctase, ds-
I ~PfIl11fIP A/!(I I!P IIl1~I QII~ 1~01<I.
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f~~~• murfgaqor hPn~hy ~urltier rn~~Pnanls a?i~ agrees to pay prompl~y whe~ due ~hs principal and
inlerc~sl anc~ ol~~rr ce~ms o~ mon~y provi~e~I lor in sai~~ note and ihis mo~tgage. o~ eilher; fo pay a~~ and
~ sin~ular Ihe Inx~s, ossessm~nts. I~i~ies, lia6ilifi~s, o61i~~alions, and encum6mnces o( e~~ery nature on sald pro- '
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pprly: lo permiL comrnif or suJ~Pr no wast~, impairmenl or deteriorafion of sai~ ~ane~ or the tmprovemenb
; Il~~~rrrn a1 mry ~im~~: 10 l~•pp Ihe 6uildin~s nou~ or h~~maJt~r on s~id land /ully insu~cl in a sum o( not less
' fhan NiONE
~ in a company or ~•ompani~s ui•c~~pln6~e fo Il~e mo~l{~a4~~. ll~e po~icy o~ poltcies !0 6e held by, aner payab~e
to, said morl~nge~, and in Ih~ rnenl any sum of money 6ecomes ~ya6l~ 6y vi~lue o~ suclt insurance t~te
morfgugPe shal~ ha~~e the ri~til lo r~Piup an~ apply Ihe sume to tF~e inde6tedness hereby secured, accouniing
lo Ih~ morl~n~or ~or any surp~os: fo ~y a~~ cosfs, i•~~arges, and expenses, inc~uding ~au~y~ s(eea and itl~e
searc{~~s, r~nsona~~~y incurrecl or pai~ ~y Ihe morlgaflee hacaiue oJ Itie ~ui~ur+e o~ !he mortgagor to prompt~r
ane~ ~ully ~•omply u~ifh I~~e agret•mpnis, sfipu~alions, con~ilions a~c~ covenanfs o~ Jatd note and Il~is mortgnge.
'I or ~it~i~r; fo pprjorm, ~omply u~i~h and abide 6y each anc~ euery itie agreements, alipu~afions, c~ondifions oncr
coi~enanls se! Jort~~ in saia note anc~ ihis morlgnge or eilher. /n the even! the mortgagor ~ai~s to pay w~e~
j du~ any tax, assessmrnt, insuranre premium or olher sum of money paya6le by virtue of saic~ note and ll~is
morfgage, ot eit~~er. 1~~e morl~~at/e~ ??~ay ~y t{~e same, wil~ouf waiving or a~jecfing ihe oplion fo ~orec~ose
' or any oth~r ri~~ll~ ~PfPllll(IPr. (1/1~ AII sucl~ payments S~QI~ OPQ~ II1~P~PS! ~rom date fl~ereoJ a~ ~6e htghese bw-
f (ul ra~~ Ihen alluu~ed I,y Ih~ lau~s o~ Ihe State of 1=lorida.
~ 1~ nny sum oj mon~y he~ein re(erre~I lo I~e nof promptly paid within thirty tjuys next a~(er
'i I~ie samP hrcomes crup, or i~ eacti and every Ihe nflreements. slipulafions. conclilFons anc~ couennnts oJ saicr
nole ~nd Ihis mortga~~p. or e~i~l~er, arr not /ully perJonned, rnmplied witk and abided 6y, tl~en the entire
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sum mentioned in said nol~, and Ihis mor! a$e or the €r{tiQre bap
~c uenppid (1}er!e~n~ s~a~ll jorthwttk or
Itierea~le.r, al fhe opfion oJ I~ie morfgagee~~~ic~oame an~6e
due and "paya6~eLany~i
gLi as i n~ife o~ tierein
fo Ihe conirary nofu~ilhsfanding. Failur~ 6y ihe mortgagee !o exer+cise any oj the rig~ta or optior~t herein
~ provi~M~ s~~a~~ nol consliful~ a waii~Pr of any rigtifs or options u~t~er saic~ note or l~is mortgage accruecj or
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~ I~~er~a(ler accvuing.
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~I ~n ~~~~5 ~~~Q~l~ t1~~ said mortgngor I~os hereunlo signe~l and spalecr these presents the
ii ~'ny an~I y~ar Jirsl aho~~e u~riffc~n.
i~ $ignpt~. SPQIP~ nnc~ ~e~in~r~~ in IIIP ~I~PSPIICP o~:
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Qe9~5 R. Mercader ,
.m. _ . r~.,_...lal - -
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~ j STATE OF ~a~om~ CALIFORNIA t
s cou~v~rv ~F LOS ANGELES S
~ ~ I HEREBY CERTIFY that on this day. before me~ an
1 of(i~er duly authoriz~d in th~ State a(oresaid and in the County aforesaid to tak~ acknowled}Smcnts~ p~nonally appearcd
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( George It. Mercader
i to mc known to b~ thc pcrson described in ~nd who ex~cuted the tor~qoinR instrument and he acknowkdgcd
before me that he ~xccuted the same.
~ I WI7'NESS my hand and o((icial seal in thc County and St~tc last aforcsaid this day oi
~ May 18 A. D. 19 66.
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j FILEO AND RECOROEO . _.y _ . - ! .
ST.R~CCPfCO~PIFIED A• otar Pu lic
~ ' MARY D. HAROLDE
~ ~ Mycomm ission Explres Juns 7, 1960
~ My Camzai~sion Expires:
~ JuA~ 7~il 2: 58 3 ~ __..__w.~ ~
~ O~FICtAL S=.1L
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