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and shall pe?~orm, comply wltR and a6ids by each and ei~ery the agreeme~ls, stipulatlons, conditiona ar~d
co~?enants tl~ernoj, and a! thia morfgage, tl~en Ihis mo?tgage and the sstate hereby created, sf~all cease, de-
Iermine and 6e null and aold. ,
~ i{~e morlgu,;~~ hewby jurlher covenanls and agrees fo pay promptly when dw ths prtncipal nnd
tnterest and othe~ 3ums o~ money provided jor in said note and Il~ii mo~tgage, or etther: to pay al! and
atngu~ar the fnxes, nssessments. ~euies. ~tabi~ilies. o6~Igations. and encumbrances o/ every naluro on satd pro-
perty: to peFmit, commtt or sujJer ~o u?aste. impai?ment or deteriorafion of sa~d bnd or fhe improvemenU
t{~ereon at any time; lo Ireep the build~ngs now or herea(te~ on ~a~d bnd Ju~~y Insured in a sum o~ not ~ess
e~~ full insurable value
in a company or companips accepta6le to tl~e mortgngee, the poltcy o~ policies to 6e heid 6y, and poyable
to, aaid mortgagee, and in the event any sum oj money 6ecomes paya6l~ 6y virtue oj suck i~surance !he
mortgngee shall I~ave t6e right to recei~e and npply the aame to the indebiedness f~ere6y aecured. accounti~g ~i
to t~e mortgagor ~or nny surp~us: fo pay a~~ costs. charges, and expensea, inc~udtng ~awyer s jess and title i
aearc~es, reasona6ly incume~ or patd 6y t1~e mortgngee because oj ihe jatlure o( f~e mortgagor to promptly ~
and f
u~~y comply wifh !he agreements, slipu~ations, condtlions and covenants of sald note and f~is mortgage.
or either: to per(orm, comply with and abide 6y ench and every the agreemenfa. stipu~ations, c~onditions and ;
covenants set forfk in said note and this morlgage or either. /n t~e e~ent Ihe mortgago~ ~ai~s to pay when i
t
c~ue any ta~r, assessmenf, tnswance premium or other sum oJ money paya6le by virtue o~ saic~ note and I~tL ~
ntortgage, o~ eilher, t~e mortgagee may pny fhe same, wil~out waining or af~ecttng the option b loreclose
or any otber rtght hereunder, nnd all suc{~ poyments ahall 6ear interest (rom date thereo~ nt tiie higbest law- ~
~ul rale then nllowed 6y t1~e laws o/ the State of Florida.
1` any sum o~ money herein re(en+ed to be not prompl~y paic~ wa~1~~n fifteen claya nex! after
f1~e same beeomes due, o~ if each and e~ery the agreements, stipulations, oondilions anc~ c~ouenants o~ said
~ note and lhis mort9a9e, or either, are not Jully per(ormed, complied with and a6ided by, tl~en tl~e entire
sum mentionec~ in snFd note, and lhis mortgnge, or the entir+e ba~anoe tuipaid the~on. s1~aU ~orlhwtth or
t~ereafter, at the opfion o( the mortgagee. become ~d be d~ w~d ~ynbl~, nnyt~ing in saic~ note or herein 3
!o the contrnry notwitl~standing. Fuilure bq f~e morfgagee to exerciae any of t~e rights or opNona herein {
pro~iclecj sha~~ not consfifute a waiver oj anyr'rig/~ts oM•options unc~er saicj nole or this mortgage acerued or
thereajter nccruing. , }1
.,ltill~•11/~~~,, i
/ • ..5~ ~ . it
, ~n ~~tness ~hereof , . c.
~ the said mortgagor 6as he~+eunto s~gned and sealp~~Y~s the
day o.~d y~r jint a6ove written. VAUGHN & WRIGHT~';:~N_h01`
, • O ~ ~ cy p ~
Sig se de red in f~e presence o): o 'j
.
' By • . ' f ? sy e ` €
.
~r . . ..:Y.:
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k STATE OF FLORIDA
i
~ COUNTY OF BR(~V+TARD
~
Before me personally appeared S. J. LUBRANO
~ and R. J. CARSON___ to me well known
and lmown to me to be the individuals described in and who ex-
ecuted the foregoing instrument as President and
Secretary of the above named Vaughn & Wright, Inc., a Corporation,
and severally ac~owledged to and before me that they executed such
instrument as such President and Secretary, respectively, of said
corporation, and that the seal affixed to the foregoing instrument ~
~
~ . ~
~ is the corporate seal of said corpora.tion and that it was affixed
to said instrument by due and regular corpora.te authority, and
W~ o~ N tha ~ said instrument is the free act and deed of said corporatior~.
Q~~' ;i ~ WITNESS my hand and official seal, this 31st ;G~~ .~v
Vz[Y. ~ ~F- .~~'~j1~ ''V.:=
~ o ~ ~I a~„ Ja~3Y'Y~ A. D. 1969. ~ ' ^ :Y _
n . U _ \1-•r
QWO ? ~V • .t
.
o~~ ~Y otary blic ~~~,3~-~ ' `
~ • • •
='J~ ~ My Commission Fxpires:
~ ~ N ~ B~OK~~~ PA~E1845 ~T~~ pn~llC. t~~Tf OF R6~I0A AT IApE .F;
ta MY OOMMISSION EXPIRES MAY 9. 1972
~ ' - ^ • • - ~ONC[O IMR4uph /Mt0 O1~{TtLNOAi1
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