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and shall perjorm. ~~mply u~ith and a6ide 6y pnch ~?~d ~oery the agrpements, s~ipulationi, conditions and
corP11A?lI5 tl~vn•o(, and of Il~is mortgac~e, Ihpn this mortgage and tl~e estate hereby crpal~l, shaU cease, de- 1
IP/R11/1P A/l~ LP /lll~~ A11(I 1•OI(l. . ~
th~ mortfiaf~or hv~eby ~u~fF~Pr covenants anc~ Q ~ees to rom tl when due Ihe ~
8 pay p p y principal and
inten~sl ~nd of~er sums oj ~noney proalrlecl ~or in sai~ note a~c~ t~is morlgnge, or eif~er, fo pay a~j ared ~
sinc~u(nr f~?e I~xps, ~ss~ssm~nis, <<~i~ies, liaLitilies, obligntions, and encumb~nnces of e:~ery naferre on saicl pm-
perly: lo pe•rmiL commil ar su~~~~r no u~asf~, impuirmei~f or ~eteriorafivn o~ said ~anc~ or 1{ie improvemenli ~
l~ierr~~n at nr~p fim~ : to ~C~ pp l~~P f~ui~c~inrn+s noeo or ~ier~a~l~r on sni~ ~on~ ~u~~y i?isure~ in a sum o~ not ~ess
fl~~,n '^:ic,he~:. ~~:s~;r~t.:le ~
i~i n romp~r?? or ~•ompani~~s acceplaE>~e fo f~P morlga{~~~, the po~icy or po~icies io ~~e ~~e~~ tiy, nnc~ paya~~e
fo, sRiel morfgngeP, pncl in f~~e ~venf any sum oJ mon~y bpcomes Paya6l~ 6y i~i~fue o~ such insurance Ihe ~
mortc~agPe 5hall h~~~P fhe ri~ht lo rerPi~~~ a~~c~ apply fhe same to the inde6tedness here6y securecl, accounting
to 1~iP mortgngor (or uny surp~us; fo pny a~~ cosfs, chn?ges, ancj expenses, inc~ucjing Iawyer~s (ees anc~ fifle
searchAS, rrasonab~y incurr~•~~ o~ pai~~ F~y IF~e mortga,ye~ ~Pfa[lSP o~ f~e ~ailure o( the mortgagor to prompt~y
an~ ju~~y ~•omp~y inil~ I~e at~re~menls, sfipu~ations, cun~ifions an~ corenanis o~ saic~ nofe an~ t/~is morfgage.
or Pif{~er: lo per(orm, i~omply u•i(~~ an~ abicje tiy eac~ an~ eaery ffie agreemertts, sfipulatioru, con~ifions nnd
coi~e~innls sel (ort/~ i~i sai~ note an~ this morlgage or eittipr. 1~ the Ni~pnt Ihe ~nortgagor ~ai~s !o pay w~ert
due any t~x, assessmenf, insuran~p pr~mieim or other s~em o) money payo6le by nirtue o~ said note and this
mortgapp, or eifl~er, tli~ mo~lghgPP may poy fhe same, toithout waini~q or QJfecting the optlon (o ~orec~ose
or any ol~er ritli~f {~i~?N~uuler, antl all sucti payments Shpll 6pa~ interpst ~rom dnte thereoj at t1~e I~igl~est law-
(ul rotp tlien ~Ilou~e~~ by tl~r lau~s o/ the Staip o~ Floridn.
1L nny sune o~ money Ii~reirt re(errec~ to I,e not promplly pnicr within 3~ t~oys next nJter
1~~ samP ~~~rom~s ~uP, or i~ each anc~ enery t~ie agreempnls, stipulalions. conditions anc~ covennnis o~ sait~
note and lhis morlgag~, or ~ither, ar~ not fully per~ormed, complied with and a6ided 6y, then the entire
sum mentioned in said nole~, and Ihis mortgage, or the entire 6alance unpaid Ihereon, s6u~l forlhwit~ or
t{~ereaJfer, al 1~i~ opti~n o~ fE~e morfgagee, hecome anc~ 6e due and paya6le, anyt~ing in said note or ~erein
to 1{~~ conlran noltviihstantling. I'ai~urn ~y Ihe mortgagee to e.rercise any oj t~e rig~ifs or optio~u heret~t
pro~~i~~ec~ s~al~ no! constilut~ a u~aii~~r oJ any rig~fs or options une~er saic~ no(e or t~iis morfgage accrued or
f~ere~pJl~~r ar~•ruing.
; bn ~~Lll~s ~hereof~ t{~~ snic~ morfc~nyor ~ns ~Preunlo signPC~ anc~ spa~e~ lhese presents the
! cray ancl yc~nr ~irsf al>or~ u~ritten.
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$igrt~cr. sc~oler~ qntl ~~~it~~r~~t{ i?~ f~rP pres~~itrP o~:
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~ ~ C1otilde F. Taylor
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: STATE OF FLOR1DA, ~
~ COi"\7'ti' OF . ~.,rJCI..
I HEREBY CERTIFY that on this day~ beton mt, an
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offircr duly authorized in the Stat~ aforesaid and in th~ Count~~ aforesaid ta tak~ acknowledqmenu, p~rsonally appeared
:.LOTII.t,~ F. ~rY;.OR
; to m~• known to M• thc prrson describ~d in and who ~x~ruted th~ forcgoinq instrument and gne acknowledged
' btfor~ mc that ShC ~a~cuted the sam~.
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~~'1T\ESS my hand and offirial seal in th~• County and Stat~• last a(otesaid this 4tL1. day of
,danuary a. D. ~ 9 7 ~
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• ~0 ~G ~ f1~EC a~ J~*j~ f~?. ~
` .~e i~ r~1;~ S1.~UCiC -.•~AS Nat3t"v P~t!ic. S;ate et ~ta:i3a at tirq~
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rt`~1.~,~ ^ tl F, ~"J• ~Av C^mT:ss or. Erp:res SE~t. 1. 19)3
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17iis Inslnnnr•~t! pnpr~d hy: TH15 At3STRA.CT £:~IITi~.~~COF?PaOF~FLA~ ~`v=s
l~l~l~/t:f~ Z0~ S. 21Va ST. FGRT P~ERGE. F10R1DA
~ ~ ~UGK 198 Pac~ 16~8
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