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and shall per~orm, c~omp~y wlt~ nnd a6ide 6y each nnd eaery the agreemvnb. sllpu~ntioni, condilions and
co~?enants thereoj, and o/ tl~is mortgage, lhe~ this mortgage and the estate hereby cmited, shnll oeas~, d~-
termine and 6e ~ull arul twid.
~ the mwtgapo~ I~e?vby /urther eove~nnts and agrees to pay promptly whsn dw tl~s prlncipnl and
interral and ottier sums of money proridec~ ~or in :atd note and lhis mortgaga, or atther: to pny aU and
stngu~ar the ta.res, assessmenta, ~euies. Iia6tGlies, ob~lgattons, ar~d encumb~ancea o~ every nature on said pro-
perty; to permit. rnmmif or suf~er no wasle. impairment or detertor+ntion o~ sa[d la,~d or fhe tmproi~emenb
fhe~rcn af nny fime; to k~p t~e but~~inga now or hernaffer on said land (ully instu~ed tn a sum o~ no! ~ess
than highest insurable value
in a rnmpany w rnmpanies ac~ceptab~e fo the morfgagee, i1~e po~tcy or po~ictet to 6e held 6y. ~d ~ya6[.
fo, said morfgngee, an~ in ttie event any awn oj monep becomes ~~bl~ 6y ntrtue b~ iuch tiuurance !~e
niortgagee shall haue tl~e right to ~l~e and ~ply ~ke sane eo ehe t?~debredReu k~6y s~.~d, aceounttng
!o the mo?tga~or (or any surp~us; !o pay a~~ cosb. cl~arges, and expenses, inc~uding ~awyer
s~ees nnd ttt~e
searchps, reaso~a6ly incunrcl or paid 6y tRe mortgagee 6ecnuse o/ the /ailure oj the mortgagor to promptly
and jully eomply with ll~e ag?eemenfs, slipu~afiona, rnndittont and covenants oJ snid nole and thts mwtg~e,
or eif~er: fo per~orm, comply with and a6ide 6y ench and euery fhe ngreemenb, atipu~ntiont, eonclitions and
rnvenanls aet jort6 in said note und tkiz mortgage or either. ln the event tl~e morlgagor f
ails to pay when
d~ any e~r, assessment, inawnnce p~rmium or otner sum oj money payable 6r vtrtus oj sntd note and this
~norlgage, or eit~er, t1~e mortgagee may pay the aame. wlfhout waiuing or af
jecting the option to ~orec~oae
or any ollter ?Qg/~t he~runc~e~, and alI sucl~ ~wyment: a~aU 6ear interest ~rom daee.thereo~ nt tl~e bigi~est Iaw-
(ul rofe lhen allowed by tf~e laws o/ the Stnte of Flortda
uny sum of money 1~erein re~e?red to be not prompt~y paid withtn 30 dnys next n~ter
,
t/~e same becomes due, or ij eac{~ and euery Il~e agr~ements, stipulottons. conditions nnd cavenants oj said
note and ftiis mortgage. or eiff~er, are not ~ul~y performec~, coinp~ied wfth and a6~dad by, fRen t/~e entlre
sum mentioned in satd nofe. anc~ this mortgage. or t~ e entine bn~nnoe unpnid ther~eon, shall (ortl~with or
thereajter, at f6e option oj the mortgagee. 6ecome and 6e due and papa6le, anyt?~ing in soid note or hereir~
to t/~e rnnfnary notwi:~siancjing. Fai~ure 6y el~e ~no:tg~ee to exerriae any o( the tights or opttons ~erein
proi~iderj s~a~~ nof rnnsfifutp a walvpr of any rtg{~fs or options under satcr note w thts ~nortgnge accrued or
t~ereafle~ accruing.
~n ~~~LIi~ ~~~l~ f{~e said morfgagor ~as he?+eunto sign~ an~ sea~/ l/~ese preaents fhe
c~ay and year ~irst abone u~ritfen.
Signed, sealed a d delivered in tl~e prespnce oj: ^
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~ Iiobert Lee Truesde 1 A
, ~ ,~.-'a- %eQf~
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Heien'~~.~~~Truesdell
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~ STATE OF ~X NORTH CAROLINA ~ ~
~ COUNTY OF CAWJ ?U
I HEREBY CERTIFY that on t6u dar~ be[ore me~ an
of~cer duly authorized in the Statr aforesaid and in the County aforesaid to take acknowled~nents, petsoaallr appeared
P.flBERT IE8 TRt~SDELI, and I~LEN B. TRTJESDELL, his wi£e,
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ta me know-n to be the perso~ descn'bed in and who ezecuted the [oregoinR iastrument and th8y ac~nowkdaed
betorc me that t~y e:ccuted the same. ~
WI'1'NESS my hand and official teal in the County and State last afore:aid this y' dar of
~~~,d,~~ A. D. 19 69
' G~1 , .
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~ Notary Public
~ My Commiuion Exp~ry ' 'Z ~
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