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and sha~~ pe?jorm. comply tuith and a6ido 6y enck and every ftie ag?aemenls, dipu~ation's. condittonr and ~
co~~enants the?eoj. a~d o~ tl~is mortgaue, then el~ts mort9age and the estate kem6y created, shall cease. d~- ~
!e?mi~e anc~ be null an~I voi~. i
~!hp morfgagor hew6y ~wther c~ovenanls and agrees to pay promptly when due the princtpnl w~d
intere~l and other sums o~ mo~ey provided ~or In sald note und thti mwtgage, or eit~er: to pay a~~ and
sFngu~a? the tnxes, assessmenfs, ~e:?tes, ~iabi~ities, ob~igaftons, nnd encum6rnncea o( euery nalure on said pro-
pe?tr; fo pe?mil, commit or sul~er no waste, impairment ; or deferto?ation of satd ~nnd or !he improvements
tl~enecn ot any time: to kpep the 6uildings ~ow w heera~ler on said lnnd jully insurecl tn n sum o/ not less
t~nn n/a
in n c~ornpan7r or c~ornpnnies accepia6le to the mortgagee, the po~cy o~ po~ictes to be tie~ by, ond pnya6le
to, said mortgnqee, and in the euent any swn oJ money 6ecomes poya6l~ 6y virtue of sucl? truurance ll~e
n~orfgagee a1~oU have the ?igl~t to receive and opp~y the same to tl~s indebtedness kereby secured. uceounttng
fo the mortga~or jor any surpl~~.s: to pay a~~ costs, c~arpes, nnd expenses. inc~uding lawyer's jees and ttt~e
searches, reasona6ly incurree~ ~~~d 6y el~e mortgagee 6ecause o` tl~e f
ailure o( tke mortgago~ to prompllr
and ~ully c~omply will~ ll~e agreements, sfipu~ntions, condilions nnd co~enants oJ soid note nnd tF~ts mo?t9age,
w eit6er; to perfw~n. c~omply with ancl a6icle by eaclt nnd every tlie agresmenls, stipulatio?u, rnnditiona and
eovenants set lorf~ in snid nofe and itiis mortgage or eithe~. /n the event t~e mortgagor f
ai~.i lo pny when
due any tax, aueument, insurance premiurn or other sum oJ money payable by v[rtue o/ said note and tl~is -
nwrtgage, or eilher, ihe mortgagee may pay the snme, wifkout woiving or a~~ecfing the option to rorecjose
or any oll~er right {~erpunder, nncl aII suc1~ pnyments shnU bear interest from crate fkereo( nt the I~ighest Inw-
(ul rate 16en ollowed by tf~e laws oj the State o/ Florida.
~L any sum of money herein re(erred !o ~e not prompt~y paid within ` 10 c~ays next a(te~
16e same becomes due, or i~ each and euery the agreements, stipu~ations, rnnditions an~~ couenanls of snid
note nnd tl~is mortga9e, or eiil~er, are not /ully perJormed, complied with and abided 6y, tl~en t6e entire
sunt mentioned in said note, and tl~is mortgage, or the entir~e 6alance unpaid the~on, sknll jorthwif6 or
t6ereajter, at the oplion oJ tl~e mo?tgngee. 6ecome and 6e due and payable, nnything in said note or l~erein
to ihe c~onfr+arq notmiftistan~ing. Fai~u~p by tl~e morfgagee to ex~+cise nny o3 f~e rig~fs or options ~erein
provided s1~a~~ not constifate a wainer oJ any rigl~ts or options under said note or Ihis mortgnge acc?uec~ or
t6c~ra f ter occruing.
~n ~~L11Q~ ~~D`~ f1~e said mortgagor has hernunio signecl and senlecl 16ese presents the
~np ancl yenr Jirst abore u~ritlen.
Signed, sealyd and deliner in the pr~sencp of :
' v~' - y -
" ~f ~ es E. Ke ~
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STATE OF FLORIDA, ~
~ Cot;`rnr oF MARTIN
~ I HEREBY CERTIFY that on this day. beton me~ an
~ officer dul~ authorued in the Stat~ atoresaid and in the County a(oresaid to take acknowledgmenu, penonally appearcd
~ JAMES E. KELLY
to me known to ~e the prrson described in and who executed the for~goinq instrument and he acknowkdsed
beforc me that he acccuted t6e same.
N IT~IESS my hand and ot(icial seal in the County and State last aforesaid this day o(
Septetaber A. D. 19 73
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