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nn~ t~~o~~ ~(~?m, romp~v uNl~~ nntr atii~~~ tiy racti on~ ~~~t?y f~r aprrPmenls, sfipu~alions, rondifions a~ ~
~~rnanls Itipriw(. ~n~ o~ I~~is miufgap~. thPn ftiis mwlpape a~~ .Itir rslatw tientiy c?rnl~. stia~~ cYnse. aw ~
fr?mi~e an~I ~x null an~ ~~ni~~. !
~ Ihp mo?tponor ~~m•hy (urlher c~ot~enanls and opn•ps lo poy pro~nptlY u~hen dw 11u~ p?i~u'ipal nnd
inle~rsl on~ oltier sums oJ ~non~y provi~e~I ~or in soid note ont~ itiis inortgage, o? eifhK; to pay o~~ nru~
sin~u~r iti~ fax~s, ass~ssmrnls, ~rtPS, ~tahi~ilies. otiGga~~o??s, and Pncumbr~ances o( every nn~ure on anit~ pro-
perty: fo p~~mil. rnrnmif or su~jr~ ~o u?arfa. Impnirmenf or ~elerionntion of sai~ ~and or !tia tniprovemenlt
rr
ItiMron al any lime: to ~r~p Itip ti~ii~~in~s n~u, o? hr?ra(trr on cai~ ~an~ (u~~y ins~ue~ in n aum o( not ~ess
t~an
in n rnmpany o? c~ompani~s o~pfal~Ie fo the morlgagee. the po4c7? o~ Policies to b. hpld by. oRd ~~6k
to. saie~ mort9afl~, nnc~ in Iti~ e~~ent any swn oj money ~~o~nes ~ya6t~ 6y virlus oj such i~surance I~e
mortg~K sl~all I~ai~ t11P II{I~I ~O rerei~re and npply t{~e same to ll~e inde6ledness kereby sxcured. acc~ountin9
fo !he moAgo~o? Jor anq surp~us: to poy a~~ c~osb. c~nr9es, and expe^=~s. i~~u~~ng ~awyer s~ees nnd litje
sew+ctips. rpasonuti~y incu.~l or ~~d by ehA ~nortgagee tiecause o~ the ~ai~une o~ Ihe nwrlgagor fa pronipt~y i
~ ~ jullr c^omply u~ith ll~~ ag~eo+ents, stipu~nlion~, c~onaitiona and uovenants oI said nole and tRit mortgaBe.
( or etth~: to per(o~*n. romPly u~itl~ and n6ide 6y eacb and every !he agreen+enb, stipulotions. condifions and
eovenanfa set ~o?tk in said note and i~is mortgage or either. in !he event t~e mortgagor ~ai~a !o Pay u~~en
due any tax. atsessntpnfy insurance prpmi~un o? other sum oJ ~on~r ~ra6~ 6y virtut oj said note and thts
rno?tgnge, or eit{~er. Ihp m tor
~aqee rnay pnY ttie same. witkout wniving or af~ecting the oplion lo jo?~eclose
or nny otker rigl~t I~PrPUnde~, and a!I such pay~nents sl~nl! 6eur interrst jrorn date tke~eoj nt t6e 6tgl~est 1au~-
(ul role t6en allou?e~ by 16e I~ws oj tl~e StafR o~ Floridn. ~
~
nny seim o~ money I~erein ?e~e~recj to ~ not prornpt~y pnic~ within -3Q- ejays ~ext a~ler ~
~ tbe same 6ee~omes due, or if each and euery t1~e agree~nents, stipulations. conditions and couenanb o~ soid
I nole and l6is ~norfpagp. or eilher. are not jully perforn~ed. rnmplied will~ and ab~ded 6y. tken fF~e entire
sunt mentioned in suid note. and Ikis mortgnge, or t6e enti?~e 6alance unpaid ll~eneon, shnl~ fort6witl~ or
fherrajter., af ftie optio~ of ftiP morlgngee. beeome an.l bc due and Pnl?nb~. anyt~ing in snid nott or heiein
fo f~e contrnry nottuifl~standing. Failwe by t~e mo?lgagee fo exencise any oj t~s ~g~ts or optioru kerei+~
pronided shall noi c~onslilufe a~vaiv~ o~ any rig~ts or options under said note or ftiis reo?tgnge occn+e~ a
tkeneaJt~ nccruing.
~n ~i~~L~ t~e sai~ morfgagor tins hPrrunto siqne~ nncr s these presents fhe
day anc~ yenr First atiore u~riltan.
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Signe~, sea d~pu~~erpd in 16e resencp of : t
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STATE OF FLORIDA. i~
COUNTY nF Broward ~
I NEREBY CERTIFY that on this dar. before me. ae
o(ficer duly authorizrd in ~he Stat~ aforesaid and in the County atorcsaid to ukr acknowledRmcnts. penonaUp appearcd
Frederick Z. Pearson
~ to me known to Ix tbc pcrsun described in and Mrho executrd the [orcqoir?4 instrumeot and he ~~k^°`nkdl~ed
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+ beforr mc that he cx~cuted the same.
~I N IT:VESS my hand and o(ticul seal in tlu~ County and Stat~ last aforesaid tb~s y~ ~r
~i A. D. 19 7~.
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