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and shal! per~o?m. rnmply witlt a.~d a6tde 6y each a~d every t~u ogroe+ianta. stipu~ations. eonditio~s and
covenanb thereo/, and oJ thb mortgage, tl?en this mortgnge and tke estate ltereby ireated, skall ceass, d~-
~ermine and be null and void.
~!he mortgagor hew6y ~urther covennnls and aeroes to pny promp~ly u~hen dw tk~ prtnNpal nnd
interrsf and other sums o~ money provtdetj ~or in sntd note and ihts mortgye. or elftier; fo pay aU and
aingu~a? the tnxes. assessments, ~entei, lto6tltttes, o6[igattons. nru~ encumbroncea oj every nature on saic~ pro-
peMy: fo pe?mif, commit or
su(~er no wasle. tmpatrment or deteriorotion o~ s~td [a~d or the in+pro~emenb
thereo~ af any time: fo keep the bui~ings now or ~errw~ter on sa~ ~and (u~~y insured in a swn of nof ~ess
th~ full insurable value
in a company or companies acceptable to the mortgagee. !he po~icp or policiea to be I~eld by, ~d ~yab[s
to. aaid mortgagee, anc~ in t~e event a~y sum o~ rnortey be~anes ~yabl~ 6y nirtue of such inswnnce tke
nto?tgagee shall 1?ave ~he right to ?eceive and apply the same to tha inde6tedness I~ereby secured, nernur~ting
fo !he mo?tgagor jor a~y surplus: to pay a~~ oosts. char8ea. and exponie~. inc~udtng ~au~yer s~ees and tit~e
aearchea, ?easonn6ly incumd or poid 6y tl~e mortgagee !~ecause oj the jailure oj the mortgagor to prontptly
~ and lu~~y comp~~ wit~ ttis ngreements, stipujafions. conditions and eovenanfs o/ said note and t1~is rnortgage.
or either: to per~orm, comply with nnd a6ide 6q each and every tke agreerrtenb, stipulntior~s, c~ondttiona and
covenants set (ort~ in sai~ note and this mortgage or eit~er. ]n the event the mo?lgagor /ails to pay whe~
due any tax, assessment, insumnce premiwn or othe~ sum oj mone~? payable by virlue o/ said nole and this
mortgage, or either. t~e mortgagee may pay the same, without waiving or a~fecttng t~e option to lorec~ose
or a~y other rtght hereu~de~, and alI such payments skall 6ear intereat jrom date thereoj at ihe higl~est law-
(ul ?ate Ihen allowed by t1~e Iawa of the Stafe o~ Flostda
any sum of money herein re(emed to ~ie not prompt~y paid wtthin da~?s next a~ter
I the same becomes due. or i( each and e~ery the ag?eemenla. sfipulations, conclilions and cbvenanb of saitj
~ note and t(?is mortgage, or eilher, a?e not jully ~~Jormed, oomplted with and abtd~d by, tl~en t{~e entire
f sum mentione~ in aaid note, and lhis morfgage, or the entine ~ialanc~e ur~paid t~ereon. slwU jorthwith or
~ thereaffer. at the optton oj tl~e mortgagee, bec~ome w~d bg d~ ~d paya6l~. anything in aaid note or l~e?ein
to the c~onlmry notwithsiareding. Failure by ehe mortgagee to exer~cise any o~ the rigltb or oPttot~s_I~ene~n
provided Shnl[ not constitute a wainer of any righfa o~ opttons under said note or t~i.s ~nortguge aocrued or
i I~ereajter acrniing.
I ~n ~~01~ the said mortgagor has hereunto signed and senled these presents the
c~ay an~ year (irst n~iove written. ~ ~
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Signed, seuled and deliue in the presence o~:
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GO N L.
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AB ~Yr .&~trs . Chaf fee Ll3AN0~t 1~. CHAF'FI:E
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STATE OF FLORIDA, ~
couNTY OF INDIAN BIVSB
I HEREBY CERTIFY that oa this day. betore me, an
o((icer duly autlwriud in the State afo~rsaid and in the Couaty atoresaid to take acknowkdgments~ persomlly appeared
GORDON L. CHAF'FI~ and SLEANOIt Y. CHAFF$E, his wife
~ to thc rsons descn'bed in and who executed the forcgoing instrument and they ackaowkdged
to me known be pe
be(ore me t6at t~1e31 executed tl~e same. c
WITNESS my hand and o(ficial seal in the County and State last atorcsaid this ~.J day of
A. D. 19 69.
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` i ~ILEfl AN~ RECOYOFLA
4 COV aiF1ED .:1.._._...--- - • -
ST•~U~~R~ V. Notary blic, tat oi F rida
1,.~~,~ at Lar e .
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