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an~~ ahall per~orm, c~omp~y wilh anc~ a6tde by ~h ancj every f~a ag?eemenls, stipu~nlioris, condiltons n?~ €
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corenants thereoj, and of fhis mortf~a~e, tl~en tl~is mortgage and tl~e eatate he?~e6y creatc?d, s1~all cease, d~- #
termi~e arul E?e null an~ ~~oi~. ~
Tln~ the mortga~tor heruhy (urthe~ co~~e~ants and agrees to pay promplly when due 1he principail and
interes! and athe~ sums of money provided lor in sa1c~ note and ll~is morfgage, o~ eilher: to pay all and
~ singu~ar ttie fa.res, assessmenfs, ~eoies. ~ta6i~ities, ob~igattons. and encumtiro?tce: ol every nature on satd pro-
perly; fo permil. commit or su(~e~ no waste, impairment or c~eterio?aflon o~ iatd lond or the improvementa
therncn al any fime; lo kpp~ ~hP buildinps nou~ or herea~tor on satd land ~ully insurecl tn a sum of not ~eas
fhan
in a i~ompany or companies acrppta~~e fo Ihe morfgapee. f{~e po~icy or po~tcies to be tie~ by, and payn6le
to, sai~ mortgaqee. ane{ in ftie evpnl any sum o~ money ~ecomes paya~~e by virtue o~ suck iruuro~ce the
mo~lgagee shall hane the ~igh! to ~~ce[ve and apply the aame to the Inde6fedness hereby secured, aceounting
fo 1{~P morlga~or (or arty su~plus: to pay a~~ cosfs, charges, ancj expe~ses, inc~ucjing ~awyers jees and fil~e
searcties, rensona6ly incurre~ or paid 6y the mortgagee Gc~cause o~ ftie fni~ure of f~e mortgngor fo promA1~7?
and Jully comply wit1~ fhe agreements, stipulations, conditions and coi?enants o( said note and this mortgage.
or eitF~er to pe~jorm, comply wit6 a?id a6ide 6y each and every the agreements. stipu~ations, rnnditiona and
covenants set foriti in sai~ note and itiis morfgage or eit~er. ~n ttie event the mortgagor jai~s lo pay when
due any fax, asaessment, insumnce premium o? ofl~e~ sum oJ money paynble 6y virfue oj saic~ note and this
morfgage, or eif~ipr. Ihe mortgagee may pay the same, withouf waiving or aJlecfing Ihe opfion to ~orec~ose
or any other ~igh! hereunder, an~ alI such payments shall 6ear interpst (rom date theneo) at the hig?~est Inw-
~ul rale ilien altou~~l by ihp lau~s o~ the State oJ Florida.
7L n?iy sum o~ money {~erein rererret~ lo be not prompl~y paitl withi?t cjays nezf aJfer
1{~e samP 6ecomes due, or i/ eacle and every flte a~?eemenfs, stipulafions, condifions and couenanb o/ said
nole and tl~is morfcta~e, or either, are not f ully perjorme~l, rnmplied witlt anc~ a6~ded by, then Ilte entire
sum menlionecl in said note, and !{~is mortgage, or the enti?e balance unpaid theneon, sl~nll jwthwith or
tT~ereafte~, at t~~ option of 1he mortqagee. 6ecome and be due and poya6le, anything in said note or he~ein
to Ihe conlrary noi~uil~stancring. Fni~urn 6y 1{~e morfgagee to pxercise any of t~e rig{~ts or options he?ein
proi~ided stia~~ not conslifut~ a wainpr oJ any~ rig{~fs or opfions unc~er saic~ noie or f~is mortgage ncc?ued or
fhereaJter accrueng.
~n ~itness ~~Ol~ t1~e saic~ mortgagor has I~erpunto signec~ ancl sealecl lhese presents Ihe
c~ay ancr yea~ ~irst n6ove inritlen.
Signetl, sea~ed ancl t~elivPrecl in tl~~ presencP o~: •
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STATE OF FLORIDA, ~
COU~TY nF $'j'~ I,UCIE I HEREBY CERTIFY that on this day, befon me, an ~
officer duly authoriz~d in the Stat~ a(oresaid and in the County aforesaid to tak~ acknowkdqmenu~ personally appeared
WARREDT SPIVEY, a singZe adult, aud IVA JQ SPIVEY
to m~ known to br thc pcnon g describrd in and who cxccutcd the toregoing instrument and t•h@~ acknowledged
beforc me that they ~x~cuted the same.
11'NESS my hand and o(ficial seal in thc County and Statc last aforesaid this day of
Jtme A. D. 19 71~.
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Hot arjt Publi c,~St
ate ~ of' Flori da at Large
Ep I~y Co~ission bcpires:
~ EO a~' PuNjY
F~A• ~
Sj ~~C~~~ ~ ~~,tR~SURt ~ 111f C011YISSIOt1 EXPIRES WIY 10, 1977
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