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ar~d sholl per/onn, comply wi~l~ and nbide 6y each n?id every the a9reements, alipulntions, condittona and ;
coi~enants Ihereoj, und of lhis mortguge, tl?en thls mo?tgage and the tatate he~6y c?ealed, i1~a~l oea~s, d~- ~
termine and be nul! and void.
71111~ 1{~e mo~tgagor hen+by jurftier couenanta and agrees to pay promplly when due the princtpal and
intereat nnd ofher sums o( money provided (or in said nole und t6is mortgage, or eithsr; to par aU nnd
singular tf~e taxes, assessments, lev~es, Iia6ilities, ob[igations, and encum6e~ancec o/ e+~ery noture on said pro-
perty: !o permif, commif or suffer no ~uaste, ienpatrment or c~etcMtor+ntion of aaic~ ~and or tke improvemenb
lhereon at any lime; !o ~eeep t~e bui~ings now or /~erna/~e~ on ~atd land /u~~y insured in a tun? o~ not ~ess
~~nR ~13.500, oo IN F I R ,pNj~ y~Nncan~j~~~+~
in a company or companiet accep~n6l~r'To ih~'llro~t d' tll~ tlIr ~icies to be ke~ by, and poyable
[o, said mortgagee, and in tl~a event any aum oJ money becomea ~ya6l~ 6y virtue oj suclt inaurance the
mortgagee sha~~ tiave the right to ?eceive and applq the aome to t1~e inde6tedness ?~ere6r aecured, acrounting
!o fhp mortpngo~ ~or uny surp~us: to pny all ~sts, cl~arges, and axpenaes, inc~uding ~awyer i~ees and title
searehes. ~easonab[y inc~ured or paid by the r.wrlgagee because of the (at~ura o~ ttie nwrtgngor to proniptlr
a~d ~u~~y comply witb the agreementa, :tipu~ntions. ~nd~tto~, and ~o~~e: o~ said nofe and thti mortgage.
or eit~er; !o per(orm, eomp~y wit~ and o6~de by ~~f~ ~d every the agreententi, stipu~afions, condittons and
covenants set Jo?tl~ in said note ~d rh~ mortgage or either. In tlee event !he nwrtgagor f
ailt to pny wl~en
due any tax, asses~ment, insurance premium or otlter sum oj money poya6le by ~irtue oJ aaid nota and tkis
mortgage, or eif~ier. t/~e mortgagee +~ay Pay ehe aame, u,ilhouf watv{ng or nJ/ecting the option to (orec~ose
or any o[her right hereunder, and aIl sucl~ payments s6nl! benr interest /rom date tl?ereof at tlie htghest law-
(u~ rate f1~en al~otvecl by tl~e ~ows of t~e State oJ Floridn.
~l any sum of rrtortey Iterein re(errecr b 6e not prompt~y paid wilhin 7 dayi next alte~
the same becomes due, or i( each and every the agreements. stipulations, conditions and covennnts oj said
note nnd fhis mortgage, or either, are not Jully perjormed, complied witl~ and a6~ded by, t1~sn !he entire
sum mentioned in aeid note, and lhis mo~tgage, or tke entire balanee unpnid thereon, s1~all jortl?wit1~ or
el~ereejter, a1 tl~e option of the mortgngee, become ~d 6e d~ and rxiyabi~, anytl~ing in sald note or berein
to t~e contrary notwit~standing. Fai~ure by tke ~nortgagee to exercise any of the rig~fa or optioru herein
provided sha~~ not constifute a u?niuer of any rig~ts or oplions under saic~ note or fhis mortgage eccrued or
t{~erea(ter acnuing.
~n ~~Lll~ ~IIL`[D`~ fhe said mortgagor has ~ereunto signec~ anc~ sea~ thete prrserets t~e
cjay ana yenr jirsl above writfen.
Signed, seoled and deI' ered in t{~e presence o~:
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FILED AND REGOROED~ .
---~7:-~UCIE--G41~N?X,--FLA._:_..---
c~c,r7~h ~:rRIFIFD
' '69 DEC 2 2 PM 1: 3 0
~ 18`74~3
I STATE OF FLORIDA, i~ t~ FO ~~I~~S
~ courrr~r oF ~C~ERK C RCUlT COURT
~ ~T. LUC I E I HEREBY CERTIFY that on this day, beforc me, an
~ officer duly authori:ed in the Stat~ atoresaid and in the County aforesaid to tak~ ackaowkdgmentt, personally appeued
~ JoHN T. ARCHER AND FRANCES ARCHER. HIS WIFE
~
4 to m~ known to be the p~rson S described in and who executed the [orcgoing instrument and acknowkdaed
~ be(orc me that THElfxecuted the .~ame.
g WtTNESS my hand and official seal in the County and State last atorcsaid this 9TH day oi
; ~Y A. D. 19 69 ~
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