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1. To pay aU and ain~ular the principal and intsreat and other auma of money payable by
virtue oj aaid promisaory note- and thia deed, or either, prompt~y on ths aaya resp~envely t1~e
aame aevernlly become dua.
8. To pay al! and aingular the taxea, aaaeaamereta, Ieviea, liab~itiea. obliyationa, and eneum-
brancea of every nature on aaid deacribed property. each and euery, and if tl~s sa»u be uot prornp~
IY paid ths said Mortyayee_, its 1~,leyal rapreaentativea or aaaiQ~a, '?na~? at anY
time pay the same uritlaout waivi~y or a~Jectixp the option to forecZoae or any riQht hereunder,
and every pa~lment ao made al~ali bear intereat from the date thereoj at the rnte of 8 per ,
cent. per~ aten~t. ~
J. To pay aU and aingular the coata, charyae and expensaa, inciudin~ iatoyer's fsea, reaaou-
ably incurred or paid at any time by aaid Mortgagee_, i.ts ~m~ j~airapreacntativu
or aaaig~ns, because of the fa.~ure on ths part of the aaid Mortgagor
S, their l~.~ra, iapal
repreaentativea or aaaip~a to per1orm, comply with and abide by each and every the atipulationa,
agreementa, eonditior~a and covenanta of aaid promiasory note and thia deed, or either. a~sd
evert/ such payment shali bear interest from dats at the rata o~ a per cent. per annum.
~
To keep tlat bu~dinga now or heraaf
ter on aaid land insured in a sum not Ieaa than ~
highest insurable value noUars, in a company or companiea ~
to be approved by said Mortgagee , and tlu policy or potieies held b~l a»d payable to said Mort-
gagee~, i t s ~ra, Jepa1 representativea or aasigraa, and in the event
any aum of mone~/ becomea payable under such poiicy or poiiciea, the Mortgagee_,
it s ),.e:ra, Iegat repreaentativea or aasigna, shaU have the aption to receive wut
apply the same on account of the indebtednesa hereby secured or to permit the Mortgagor
s to ~
receive and use it or any part thereof for other purposes, urithout thereby waiving or impairinp
any equity, liert or right under or b~/ virtue of thia mortgage, and may place and pay f
or aueh
inaurance or any part thereof without waiving or af
f
ecting the optiort to f
oredoae or any right
` hereunder, and each and every auch payment ihall bear interest from date at the rate of 8
I
~ per certt. per artnt~m.
~ 5. To per
mit, commit ar suf
f
er no ~taaate, impairment or deterioracwn of said praperty. or any
~ ( part thereof.
~ f ~
( 6. To perform, comply zoith, and abide by each and every the atipulationa, agreemerata, co»~
~ ditiona and covenanta in said promissory not~-, and in thia deed set forth. `
~ '
;
~ 7. If any of sa.id suma of moreey herein referred to be not promptly and jully paid aoithin
i
. ~
15 ~.~.y$ next ajter tl~e same aeveraAy become due and gw.yabie, or if each and tvery tka ~
~ stipulations, agreementa, conditiona and covenants of said promis8ory note and thia deed, or !
~ either, are not jully perf
ormed, complied witk and abided by, the said agr~rega#a aum n~u:ntioned 'y
~ E
~ in said promissory note shaA becoma dsce and payable forthwith or thereafter at the aption of ~
~ the Mortgagee-, it s l,~irs, k~al representatives or asaigns, as fuuy a~a com~eteiv
~ aa if the aaid aggregate sum of T~o Z'housand Five Hundred and~/100- ,~e,~.a
originally stipulated to be paid an such day, anything in said promissory reote_ or herein to tha
contrary notwithata.ndin~.
- f
~
have t~r~u,nto aet their
IN WITNESS WHEREOF. the aaid Mortgagors-,
ha.nd S nnd aeal
S the day and. y~ar first above writt . , #
~
ca
Signed, aeale a»d delivered presenea/
Aj. ua: HG ~
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`~~3 %7iis I~ulnin~inl frrrFr~rr-r/ ly: C~~E L. EICHEL fi~ (~j~
25 West Flagler Street 8~~~~v~ PACE13~U
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~~i~ Flori da
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