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an~l sl~nll pi•?(u~m. compl>• u,ith n?~d abicle liy i~ai~l~ und i•~~~~ry I~~P ug?~~enuv~ls. stipulalio?is. conditions and f01'1'f111N~S f~11'/PO'. (111/~ l1J (~IIS IRII/~I~Q(~P. ~'IPfl ~~IIS /flOf~l~(I/~P A111~ ~~P PS~(l~P ~IP~P~/y frPQ~Pf1. S~IQ'~ fPpSP. ~R- I~rn~in~ ~in~l 6~• n~~j~ ~uu~ ~•ui~l. ' , T1n~ t~~~ morl~~n~~or ~u•r~•~.y ~tirfl~~r cov~nanfs ant~ agn~es fo pay prompfly u~~~en aue f~~e prin~-ipai ant~ ~ inl~msl nn~ ol~ier sums o~ moiu•y proni~li~ ~or in saic~ note ant~ this murlguge, o~ eil~~pr: lo pay a~~ ant~ sin~u~ar I~~e In.r~~s. c~ss~~ssmrr~fx, ~~~i~i~•s. ~ia~~i~ili~s. oE~~ic~afiuns. an~ encum~~mnces oJ Pvery n~lure on said pro- perly: to pern~il. rommif or su(j~~r no u~asti•, impairmenl or ~ef~rioralion o~ soi~ ~unc~ o~ f~~e improvemenls i~~rr~•rn al any lim~~: 1~~ Rri~p f~i~ {,ui~~~in~~s noio o? ~~~ma~l~r o?~ saic~ ~anc~ (u~~y insurn~I in a sum o~ nol ~ess : ~hnn maximum insurable value thereof ' in a i•ompcu~y or ~•ompanii~s a~•c~pln'?~e fo l~i~ morf~agc•~. I~~e po~ii•y o~ pu~ii-ies !o ~~e hcld 6y. a~~d nayabla • to, s~id morlc~ag~~~~. anrl in 11~~ ~~r~nt any sum oJ mon~y b~comes payab~e 6y virlue o~ such insurancp the ntort~~agev slia~l hn~~~ Ih~~ righl lo me~~i~~e an~ apply fl~e same fo the i?tc~ehteulness I~erel?y securetl, accounting ~ i to 1~~~ morf~l~~Si~?r (or anp surp~us: fo pay a~~ i~osts. ~•I~aryc~s. aritl expens~s. incliuliny ~awy~r~s (c•es ane~ lil~e c~~~rc-~~e~s. rnasonn~,~y irtrurrt~~~ or ~~uic~ ~?y i~~~ morfg~(~e~e h~causP oJ 1~~e ~ai~ure o~ fhe morlya~or fo prompt~y an~ ~u~(y ro?np~y wit~~ I~u~ u~~re~m~nfs, sfipulalions, con~lifions an~ co~~enanis o~ snic~ ~~ote and Ihis mortgage. ~ or ~il~~er; to pi~rJorm, ~•ump~y ~oit~~ an~~ a~~i~e ~y ~ac~~ nnr~ eni~ry fhe agrepmenls, sfipu~ations, conc~ifions and ~ c•or~nanlc s~i Jorl~~ in sai~I nofi~ ancl fhis morfgn~e or either. In t~~e c~~n! Ihe mortgagor fai~s to pay iv~~en ~ c~ur any fa.r, ossessm~~r~t, insuranir pr~mium ur of~~er sum oJ money payaE~~e E~y i~irfue oj saic~ riole anc~ l~~is morl~~aq~, or ~il~~~r. I~u• murfga~~~i~ may pay 1~i~ sam~. « ~ithout ~i~aiving or af ~ec'lin~ Ihe oplion to ~orec~ose : or any ofJ~er rig~~l ~u~rn~uu~~r, nn~l a~~ sui-h payments sha~~ ~~~r infervsf jrom c~nte f~ernu~ of f~~e ~iq~~est ~ato- ~ ~ ~ ~u~ ral~ I~~~n a~~o~oc~~ ~~v 1~i~ ~nu~. o( f~u~ ~fnf~ o~ ~'~ori~a . { DL nny sum o( mon~~y ~~i~r~in rp~rrr~~t~ !o h~ nof prompt~y pait~ tuit~iin ten t~ays nexl aJfer ~ f~u~ sam~• ~?i~rom~s c~u~. or i~ ea<~~~ an~~ ~~n~ry 1~~~ a~~reemPnls. slipu~ations. ~•onc~ilions a?~~~ ~•oi~enanls oJ saitr ~ not~ nnd tliis morf~~or~~~, or ~iil~~r. ar~ nol f ull~ prr~ormet~. comp~ied u~ith ant~ a~?iderl by. t~en tl~e enlirp ~ sum ??tention~~~ in sai~~ uut~~. an~~ f{iis rnorl~tiq~, or f~~~ enfir~ 6a~ance unpai~~ itiereon, s~~n~~ ~orl~uuit~~ or ~ Ih~r~ajter. nt tli~ opti~~n o~ 11~~ ntorlga{1~~. ~,~com~ cind 6~ due and paya6le. anyttiinc~ in said note or {~erein ~ i fo f~u~ ~onlmr~ nohril~~slantlinry. Fnilur~ ~~y 1~~~ mort~~agee lo ~zPrcise any of the riry{~fs or options herein a i pm~~i~~iK~ s~~a~~ r~of t'onsliluf~ a u~ni~~~r o~ any ?i,ryhts or opfions unaer sai~ notP or t~~is mo~t~age accruec~ or ~ ~ f~u~r~a~l~~r ni•~~ruinq. : ~ ~ • ~ ~n ~iitness ~hereof~ ~~11' ~(ll(~ Rl0l~1~9q0~ ~1AS ~IP~PII?1~0 SIf~llt'~ llfl~ SP(1~P(~ ~~IPSP ~tP5P/1~S ~~IP ~ I t~a~ an~~ v~~ur (irsf a~~or~~ mrifli•n. ~ ~ - • ~ Sign~•~~. si•u~i•~~ ruu~ ~l~~~irrr~~ 'n f i~> prc~s~~nr~~ oJ: ~ : i ~ _ ' I ^ • '/~,(~~df~_-.. • - ; ~ • . . I ; _ _ _ William J. elphr : ~ ~ ~ I ~ , _ . _f . _c~. ' ~ . - - . - - 4 ; i - . ~ ~ , i . ~ ~r ' _ L L '1..~ ~ i ~ I a~ ' ; _ - ~ . _ - - . ~ ~ . . - _ . _ . _ . . Lind V . Pe r !i ` , _ ~ _ _ lPh. e _ . ~ ~I . ~ ~ - ~ - ~ ~ ~ STATE ( )F } L( )RID:1, ~ ccx'~~[ti' ~~r FLORIDA ~ I HEREBt' CERTIFI' that on this day, be(or~ me, an ~ ."c~~, o(fi~rr dulv auehori~~d in the Stat~• a(or~saici and in th~ Count~• aforrsaid to takr• acknowledQm~•nts, personall~ appeared ~ William J. Pelphrey and I,inda V. Pelphrey, his wife, ~ to m~ kni~~.n to lx• th~• Fr•rson S ~les~ ribcd ir. and ~+ho c~ci ut~d th~- (~~muoinq instrumcnt and they ac{cnuwledqed ~ tx•fon• mr that they exccuted ihe sime. ~ il'\ESS rn}~ hand and nf(i~ ial scal in th~• Counh .+nd St:~t~• last afuresaid this 27th - day o( ` ~ February n. is 74. ,,.,,:,~_~J,,,. ~ ~ ~ ~ ~L~ ~ , ` , ~ , ~ . . _ A ; 2'756~ 3 ~ . s~ c.~_ ~w ~ . , 1_ , NOTARY~BL~C,~---5t~a~e;~o o~iii~ . _ ~ at Large . - - _ " - ~ = ' - F,~E~ _ ~ _c~=~=o My commission expirES:,s~~-;7y- 1~ ~ ~ ST.I'J;: ~_~I;Y ~LA. ~`f': = ~ rL~p::t_ _ , , : ,'AS RT ' ~ . , , ~ = - - . . .r_.... _ _ ~ FEa 1~ ~ oz PM'1~ . . ~ _ , ~ ~ ~ - - 4 _ , _ E 7%n~ /~rslrr~i?~r~N j~~i f~~rrr,l 1~1~: - r; - ~ - 224 FA~:E~119 - ~ ~ 1 rlclrr ~tc . - ~ - ~ T' ~ ~ _ ' ' _ rld _ ~ . . . _ .i:.~