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and aha~~ per~orm, comp~y with and_ gbide 6y each and every f~?e agree~nents. sltpubt~ons. rnndttiont and
conenanl: therto~, and o/ thts mortgnge, fl~en this morlgage and the ettate here6y croated, shall cease, dt-
term~ne and 6e mill and uoid.
' ~ th~ ~no?tgago~ he?~by (urther covenants ond agreei to pay promptly when dw tke pnlndpal and
interert and olho~ ~umt o~ money providec~ (or in satd note and thii mortgage, or ~iftisr; to pay a~~ wul
•ingujor llte toxes. eusestmenla. ~evies. ~ta6iltttes. obligattons. and encumbmnces o~ every nalure on satd pro-
perty: to permit. oommit or su(~er no waite. impalrment o~ c~ett?ior+ation o` intd land or the improvtmenb
thereon at any time; to ~eeep ttie bui~ings now or her;ea~te~ on aaid Iand ~u~~y insured in a sum of not less
than .
in a rompany or companies acceptable to tF~e mortgagee, tha poltcy or pollctes to 6e h•W by, and pnya6lt
to. aatd morlgagee. and in t1~e euent any sum o` moner 6ec~om~ pnqa6le 6y nirtue o~ ~uc~i insunnnce !h~ ;
mortgagee shaU hane Ihe right to receive and apply the aame to the tndebtedness 6eroby secured, aeoounting
to fhe mortgapor ~or any aurp~us; to pay al~ costs, chargea, and expensei. including lawyar
s(eea a?u~ ltfle
searches, reaaonably incun~sd or paid 6y the mortgagee 6ecawe oj the ~at~ure oF the morfgagor lo pron~pt~y ;
and /ul~y cornp~y with lhe ag?eementa. sttpu~atio?~. c~ondittoru nnd covenants of snid note anc~ lhti mwtgagt.
or eifh~r: to pwform, oomply with and abide by each ancl euery the ag?eemenb. sttpu~attona, conditlons and
covenants stt jorth in aaid note and thts mortgage or either. ~n t~e euent lhe n~ortgagor ~ails to pay w~en
due any tax, assQSSment. inswance premtum or oll~er sum o/ monep puyable bq ntrtus oj said note nnd t6is
mortgage. or eithe~. l~ie mortgagee maq pay the anme, wtthout wafving or a~f
ecttng t~e option to f
oreclose
o~ any other right ?~ereunder, and alI aud~ payments .kal[ b~r tnte.~e /rom date theroo/ at tF?e highe:t Iaw-
~u~ ?ate then allowed 6y tbe laws o/ tl~e Stnte o/ Flortda.
any sum o~ money 1~erein rejerred to be not prompdy paid wit6in thirty ( 30 )days next a~ter
the snnte becomea due, or i~ eac~i and every the agreements, stipu~ationa, condiltons and c+ovenants o` said
note and thit mortgapa. o~ either. are not f
ul~y perf
ormed. comp~ted with and a6tdgd 6y. then the entire
=wn mentioned in said note, and t~ia mortgage. or l~ee anti?+e ~ialanat unpaid t~e~on. shaU jorthwit~ or
therea~ter. at t~e option o~ the mortgagee, beoome ~d be d~ ~d ~yab[~. anrt~ing in aaid nott or ~nin
to the cort!?nry notwithstanding. Fai~we by the mortgagee to sxe~rtae any of tlu rtghb or opttons /~eretit
provide~ s~ta~~ not constitute a u~aiver of any rig~ta or options undet said note or t~is mortgage aocrued or
therea(!er nccruing.
~n ~~LIL~ f~e said mortgagor has he~+eunto signed and senled these pns~nb the
day aRd y~ ~int a~iove wriften.
Signed, sealed and e nerec~ in the presence of : ~ ~
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.~.~Jk!%.-•'-- • L~....~
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Mar al.l McDonald, as trustee
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STATE OF FLORIDA, ~ ~
CoUN'rtt oF PALM BEACH
I HEREBY CERTIFY t6at on this day~ before me, an
officer duly authorized in the State aforesaid and in Me County aforesaid to take acknowkdgments, peisonallp appeued
MARS~ McDONALD, as trustee,
to me known to bc the penon described in and who executed t6e torrgoing instrument aad he ac{inowkdsed
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before me that he exccuted the same. fi-•~-~~
WITNESS my hand and of(icial seal in the County and State last aforwid this ~h`~~~ -diy o[
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AIICJIISt A. D. 19 72 • : n; : _
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~ fiLEO AHG REC ~ E ~s ~ . _ :
~Y ..~a~.-~:.~~. - s- .
~ St. WC1E ~P~
jAl?S t,°~
~ ~~ERK CP~~•~~~j ~OUat Notary Public, S~'t~`;O~_,~~Q~~t~a
n VER?. tE0
~ aECOR. ` at Large ~<<:.
~ ~ ?0 28 a~'1z
My commissi~c~~e~s • .
~ /Yly Coe~issios E,~pires Scpt. 23. 1974
~ 235565 b.dN Ar A~iw Fw i Cr~r Co.
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~ 800K ~~5 PACE 8~ 4
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