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and ahall perjorm, comply witl~ nnd abtde 6y each nnd eaery ths cgreements, sfipu~ntiona, co~dittons and ,
co~~onnnb thereo/, and oj this mortgage, then tl~is mortgage ond ths eatate here6y created, shall cease, ds- ~
termtne und 6~ ~ull ond void. ' +
~IIi~ t~s mortgagor hewby ~urfher covenanlt nnd ngrees to pay promplly when dua the principnl and
inte?eat and oi1~e~ su?na o/ money pro~ided /or in said note nnd Ihis ~nortgnge, o? etlher: fo pay alI and
aingu~ar Ihe taxes, assessments, ~evies. ~tabi~tfies, ob~igations, and encumbrnnces of euery nafure on suid pro-
perty; to permit. cummit or au~~er rto waste, impairmenf o? ~eteriorntion oj said ~and or fhe i~nprovemenfs
thereon nt any time: !o leeep the buildings now o~ hereo)te~ on .oid land )ully insu?ed in u sum o/ not less
~~n~ highest insurable value ~
in a rnmpany o~ conyxinies nccepta6le to the mortga9ee. !he policy or policies io 6e held 6y, and pnyn6le ~
ta. i.zir~ mettgu~~a, ant~ in t~is ~ven! ar~Y sum of monc~ ~ecames papa~~e by virlue o( suc~ insuranct the ?
~
mortgages al~a![ ha~e fhe rig~t to ~eceive nnd opply II~e same to the tntle6tedness here6y securetl, accounfing ~
to ff~e mortgagor ~or anq swplus: to puy a~~ costs, charges, nnd expenses, inc~uding ~awyer s(ees ancl tit~e
aeanches, ?easonab~y incurrecl or paid by the morlgngee because o~ l~e jai~ure o~ lhe mortgngor to prompt~y #
nnd ~u~~y comply witti fke agreemenls, slipu~ations, conditions nnd eovertnnts oj said nole und this mortgage, ~
or eit~er: to pe?~orm, eomp~y u~it{~ and abide 6y ~~h nnd every !~e agreements, sfipu~ntions, condilio?u an~
covenanfs set forf~ in said note nnd fhis mo~tgage or either. ln !he euent t{~e morfgagor fai~a to pny when
dus any tax, nasessment, tnsurAnce p~emium or olhe~ sum oJ money paya6le by virtue o~ said note und this
morlgage. or sit~e~, t{~e mortgngee may pny f~e same, wit~out waiving o~ a(Jecting the option to ~oreclose
or anp other right hereunder, and all such paqments skall bear interest jrom dnte thereoj at t6e bighest Iaw-
~ul rate then allowed by the laws o~ Il~e Stnte o/ Florida.
~l any sum o( money herein re%rrec~ to be not prompt~y paid within Thi rty ( 30) day~ next n~ter
!he same 6eeomes due, or if each ond enery the agreements, stipulations, conditions and eouenants of said
note nnt~ tl~is mortgnge, or eitl~er, u~e nof ~ul~y performed, complied with and a6ided by, then the entire
surn mentioned in snid note, nnd this mortgage, or the entire bnlance unpaid thereon, sl~all forthmith or
t~erea~ter, nt the oplion oj f/~e mortgngee. 6ecome and be due arid paya6le, nnyt~ing in snid note or herein
to t{~e rnntrary nottuitlutan~Iing. Fnilure 6y the morfgagee to exercise any o~ the rig~ts or optiont herein
prouide~ s{~a~l not consfilute a waiuPr o~ any rig~fs or opfions under snic~ note or l~is mortgnge at~cnied or
t{~erenfter nccruing.
~n ~itness ~hereof~ the said mortgagor l~as F~preunto signed and senled lhese presenls tl?e
day and year ~irst aboue u~rilten.
Signed, sea~e ~i~~e in th sen e of :
l~J ~ ~ ~ ~ ~ ~
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_ / . . ~ ' ~ ,~5~^
L~L' ~ : 4. ~ ~C~- -~~,y~
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, - - PE~6Y~[.. LE~
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STATE OF FLORIDA. ~
COUNTY OF BROWARD
I HEREBY CERTIFY that on this day, beforc me. an
officer duly authorized in the State afuresaid and in the County aforesaid to tak~ acknowledgments, penonally appeared
EDGAR D. LEE and PEGGY L. IEE, his wife,
to me known to b~ the personS described in and who executed the for~qoinq instrum~nt anc~- !':~0 acknowkdsed
( before me that tf1E~/ cx~cuted the ume. - ,
WI NESS my hand and oi(icial xal in thc County and Statc last a(or~said tfiis p~ day of
s A. D. 19 ~2.
.
My Comni ss i on Expi res : ~.t.`~o~~'~n.~. ~.~A~a~+Wa 7a~:1.\.-.-.--
NOTARY PUBLIC -
. . .
v~r ~c~a~5~,~ ~ - - . . "
P~.KG:[ TY~'J GE':cq~~, E~ D AN:T H~C R
f~~ ~~~f Paq~~r ~
6tERK C1~CU,~ CO_ R~
sF~`b~n VERtF1E9 ~
~ ~ ~ l0 ~0 ~'1~
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~ II ~45189 ~
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