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and shall p~r(orm, comply wiile and a6ide 6r ~h and eoe?y tRe ag~eements, atipulalions, conditioru nnd
co~~ena~ils ~hP?naf. and oJ Ihis mortgas~e. Ihen this mwlAage ond fhe estalw hp.p6y c?Pated. shnll cpase, de-
le?mine an~ ~ nu~~ an~ ooi~. ,
~!~p mwlga~or ~pr~•by ~wlher covPnanf: ancl agree~ fo pay promptly u~heR due the principal und
i~te?psl an~ al~~pr sums of monpy proa~ided jor in satc~ note and f~is mo~tgage, or etltier: to pay a~~ and
stngu~or I~e la.res. assPSSmenfs, ~evies, Ila6tlllies, o6~igalioru, ancr encumbmnres o~ every nalure on soid pro-
pprly; to pe?mil. commil or su(~e~ no wasfe, impairmenl o? deferiomlton o~ sni~ ~nd or fhe improvemenfs
thprc~cn al any time; fo ~eep thp builclings nou? or hernaJle~ on said land ~ully insiued i~ a sum o( not less
Ihan FULL INSURBD VALUB
in o com{wny or rnmpaniea acrnpia~~e fo i~e mwl{~a{/t~r. i~e ~ili~i('ji ur ~u~ti~i~3 i~ hy. ar:c~ pay~b~
to, salc~ morfgag~e. an~ in Itie evenf any sum oJ money 6ecomes rwyabl~ 6y vtrlue of such insuranre ftie
mo?tga~ee sl~all /~anc? tl~e rigtit to rnceiue ancl apply fhe same to ihe inde6tedness here6y secured. accounting
to f{~e mo~igagor (o~ any su?plus; to pay a~~ cosfs, c-ha?ges, and expensea. inc~uding ~awyer s jees anc~ fil~e
searches, rt~asonal~Iy incarre~ or paia by I~e morfgogee becausp of t{~e ~ai~wr ol the morlgaflor fo prompf~y
and ju~~y comp~y u}ith II~e n~~eements, slipu~ntions, rnn~ifions and cove~anfs oJ snid nofe nn~ ihts mortgage.
or either: to perjo?m. comp~y u~ith and u6ide 6y euch and every !he agreements, stipulations, condiltons and
covenanfs sel (orf{~ in said nofe and lhis morfgage o~ eefher. ~n !hp event fhe morfgago~ (ai~.i lo pay u~{~en
due any la.r, asspssmenl. insurance premium or otl~er sum of money payab~e tiy virfue oJ said nofe anc~ t~is
mortgage. or eil~~er, the morfgat~eP may pny Ihe same. wilhout eunii~Ing or a(~ecting Ihe opfion to ~orec~ose
or nny of~er riqhf {~Nrnun~er, and all such paymenfs shall bear interest Jrom ~afe ftiereoj nl t~e I~ig~PSt ~aw- ~
~R~ fRlP Il~PR il~~Ottrp~+ tiY I~P ~QIOS O/ ~hP S~a~P o( Florirla
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any sum o( money I~erein re(errecr to Ge nof promptly paid within 3~ c~ays ne.rt a~ter
Itie samp he~-omes ~ue, or i( each an~ Pirery fhe aqreements, slipu~alions. Fondifions an~ covenants oj snicr
note ancr Ihis morlgagp, or PII~P~, are nof ~u~ly perjormetl, comp~ie~d will~ and -a6~dpd• 6y. Ihen tl~e entirp
sum menlione~ in said note, and this mortgage, or tl~e entire 6alance uRpaid I?~erpon. shall Jo~ttiwitl~ or
thereaffer, at t~~~ opfion oJ f~p morfgngee, become anc~ f~e c~ue and paya6le, anything in snid note or I~e~ein
to f~e confrnry nofu~itl~slancling. Fnilu~ by Itie mortgagee to exercise any of t~e rig~fs or options ~erein
prot~i~er~ s~~a~~ not conslilule a wuii+er o~ any riqhls or opfions u~crer sai~ note or f~is morfgage accrue~ or
therea(I~r accruln~_
~n ~itness ~hereof~ II~P said mo?fgagor I~as {~ernunto signed and sealerl these presents t{~p
c~ay an~ year jirsl ntio~~e u+ritfen.
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$i ecr. sen~ a c~ ~i~~prec~ in t~e prese~cP oj: ~
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HN F. GAUL ~
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STATE OF FLORIDA. ~ '
COtiNTY OF St~ N c jG =
I HEREBY CERTIFY that on this day, beforc me, an
officer duly authorized in the Statc aforesaid and in the County aforesaid to tak~ acknowledgments, ptrsonally appeared
JOHN F. GAUL
to me known to br the person described in and who eaecuted the foreqoinq instrument and acknowkdged
~ betorc me t~at he exccuted the ume. _
my hand and of(icial seal in thc County and Statc last aforesaid this ~ day of
s ~;=~t.~ i F_
~if~~ j~_R D. 19 74
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~ _ NOTARY..PUB - - -
y,~`~~' ':;7 - L~ary Publit, State of Ftwida at Lar~A.
~ - Nfy Corrvnission Expires Sept. 1. 1977.
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~ - * • My Commission expires:
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Tl~u h~s~n~mfirl prrp~a~rd hy: ~
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