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Md tach of us whetha maka. Narantor a~ndo~n~?. MnOY Mwraly waiv+s u+J renax+ces anY and all lamest~ad ~x~mpfion ri~~s w~ nyY
Aaw ued~r tM Coratitution or Lnrs of th~ Stat~ of Fbrld~. w any o1Mr Sfab or UniNd St~t~s. as aW~+sf thb noh: ~nd ~ch tu~tMr waiva d~mr~d.
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/ s / Joe S . Earman ~ ~ ~
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/s / Joe Henry $arman ~ ~ f z "o ~ ~ ~
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/s/ James W. Coffey ^ ~
Jar~ iI. Col~ :
=A~tAx OIL t~0., IMC. (C~ep.
$225.00 St$te Documentary
Stamps affixed to original ~/s/ James W. Coffey - :
note and cancelled. At--
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and ahall dulY. PrompUy aad irWy perior~n, dischar80. e~cecute. eftect, complet~~ oosmply witL ar~d abide by eacb t
and every the st3pulaUons, agreemeats. conditions and covenanta ot said prom~ssory note and oi this mortgage~
' then t1W mortgsge and the estate hereby created ahall cease and be null aatl void.
It is understood that each of the words, ••note,•• "mortgagot" and "mottgages" reapcctivWy and the pron-
ouns reterting t2ieretq, wbether in the eingulsr or plural anywhen in this mortgage, ehall bs aingular i! one oniy
snd at~all be plural jointly and severally. ii more thaa one, and ahall be masculine~ lemiaine and/or neuter, whe~
eves the oontext ao iinplies or admita
And aald Mortgagor for himeei! and his heir~. tegal repreaentatives. sucoeaeora and aadgn~, beraby ooyea~• `
ants uw agrees W and with said l~ortgaBee. hia legal repreaentstives. aucceasora aad assigns:
1. To psy all an8 aingular the principat and interest and the varlous aad nmdry sums o! moneY PsY~le b~
virtue o! said promissory note, aad tbis mort8880. ~ aad everY. Promptly oa t6e days reepscttvely the aam~
aeverally become due.
To PaY ~~+dn8alar ttie taxes. aseessments, levies, liablUtiear obligations sad fncumbrances oi every
nsture and kind now on said descrlbed property. and/or that hereaiter may be imposed. sutfereci~ Placed. levled
or aaseased thereupon, and/or that hereafter may be tevied or assessed apon this mortgage sad/or tTee indebted-
ness aecured henbY. each and every~ wheu dae and payabie aceording to lsw, betore they beoome deliaqueat,
snd before any interest attaches or any penaity is incurred; and in eo far as any thereoi is o! ncord the aame
shalt be pmmptly satisfied sad discharged ot recor~d aad the originsl oificial docwnent (such as, for inatanc~
the tax receipt or the sstiefaction paper ofRcially endorsed or certlfied) shaU be placed in the baads of aaid
Mortgagee within ten dayrs next after payment; and ta the event that any tt~eneo! is not so gaid, satisfted and
_discharged. said Mortgagee may at any time pay the same or any part thereot witlwut waiving or affecting
any ophon, llen, equity or right nnder or by virtue o! thia mortgage, and the full amount oi each and every ;
auch payment ahalt be immediately due and payable and shall bear interest from the date thereof unUl paid
at the rate of ten per centum per auaum and together with such interest shall be eecured by the lien oi thi~ ;
mortgage.
3. 1b place and continuousty keep on ths buiidinge now or herea[ter aituate on safd ]and St+e aad windstornf s
insurable value '
inauiance in the usual standard policy form, in a sam not less tban in sueh oom- ;
pany or companies as may be approved by said. Mortgagee; and all such insurance poHcies oa anq oi satd build-
1nSs. any interest therein or part thereof, in the aggregate sum aforesaid or in excess thereof. . shall contain the ~
usual atandard mortgagee clause raaking the loss under said policies, each and every. payable to said Mortga~. !
8ee as his intereet may appear, and each and every such policy ahall be pmmpUy delivered to and held Ly asid ~
Mortgagee; and~ not less than ten deye in advance of the expiration ot each policy, to deliver to aaid Mortgagea ~
s renewat thereof. together with a receipt tor the premium ot auch renewal; and there ehall be no such inaur-
ance placed on any of said buildinga, any interest therein or part thereof. unleas in the form and wlth the loss
payable as atoresaid; and in the event any aum o[ moneq becomea payabte undet s~tch policy or policies said
Mortgagee sball have the optlon to receive and apply the same on account of the indebtedneas secnred bereby or
to permit said Mortgagor W recelve and uae it or any part thereoi for other purposes wit6out thereDy waiving
or impairing aay equity, !!ea or right under or by vlrtue ot this mortgage; and in the event sald Mortgagor shall
for anq reason fail fo keep the aaid premi~es so insured. or fail to deliver prompUq any o! said policiea oi
1na~ranoe to esid Mortgagee, or fail prnmptly to pay fuUy anq premium therelor. or in any respcct tail to per-
lorm, diacharge~ execute, effect~ complete. comply with sad abide by thls oovenant, or any part hereM, said Mortg- ~
sgee may place and paq for auch innurance or any part thereof without waiving or affectlng anq option. lien.
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equtty or right under or by virtue o! thfs morigsge, and the fnll apaount of each and every such payment ahall
be immediately due and payable and ahall bear interest from the date thereof unttl paid at the rate oi ten per ~
centum per annum and together wltA euch interest shall be aecured by the llen oi tbii mortgage. '
4. To permlk comanit or snfter na waste, impairment ar deterlorsUon ot aald prnperty or auy part thereaL ~
6. Tb PaY a11 and aingular the costs. chu'Bea and expenaes. inclnding nessonsWe tawqer's feea aad cost o! ~
abstracts oi title. incurred or pafd at aay time by said M~rtgsgee because and/or in ths event o~ t,hs fallurs
on the past ot ths sald Mortgagor to dulY. PromPtly and tullY P~o~. d~8~. ~~t0. effect. compieiq,
oomply wfth aad aMde by esch and every t6e atlpuLtion~. agreements. conditions aud oovenaate ot said pmmit-
wry note, uM tbie mortgage, any or either. sad ssid cwst~, charges aad expeiues. each aad every, shall bs im-
medl tely due and paqable„ afiether or not tl~eee be notice, 3emand, attempt to oollect or sWt pending; aad Lbs
iull a:nount ot each and evsry such payment shall bear interest fsom ths date thet+eof wntil patd ~t the rste at
ten pe. centum per anmun: and all sald uosti. charBes aad ~p~ss w lacure~ed or Pdd. togethsr with sncl? in-
ter+eat, shali Ds ~scuced by ths lien ot tAfs morigags.
o R ~F~fCtA~ RECORn ~ 251 r~~Jz
~~.65 P~E2007 ~
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