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and shall ~~prform, comply wilh and abide Gy each ana everv ihe ag?e~ments, slipulnlions, condilions ~nd ;
couenants thereo~, and oJ this mortdafle, then f{~is mortgage nnd the estale I~ereby created, shaU cease, de- '
termine and 6e null and void.
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T1n~ fhe mortgagor here6y Jurtf~e~ covenanls and agrees to pay prompt~y u~hen due !he principal and ~
interest and other sums oj money providec~ ~or in said note and this mortgag'e, or eilher; to pay all nnd
singular 1he taxes, assessments, levie~, lia6ilities. o6ligalions, ancl encum6rances oj ei~ery naft~re on saic~ pro-
perfy: to permit, commit or su~~er no waste, impairmenf or aeferioration o~ saic~ ~anc~ or fhe improv~ments
fhereon at any time: to keep Ihe 6uildin~s now or herea(ter on said land /ully insured in a sum o/ not less
f{~an
, in n company or companies acceplaf,~e fo f~e morlpagee, t~e po~icy or policies to he he~c, ~y, and paya6le ~
to, saic~ morlfla~ee, and in i{~e event nny sum o~ money 6ecomes paya6le by virl~ip oj such insurance Ihe
( mortgagee sha~l I~ure the rigF~t to receivp and aP~ly tl~p samp to the indpbfedness {~ereGy secured, accounting
1~ l0 1i~e mortc~agor ~or any surpit~.s; ~o pay ait cosis. CiturJr~, u~ui expenses, incjti~ing ~au~yer s~ees ancl title
si•arches. reasonn6~y incurr~rcl or paed by Ilie morfflagEr because o~ f~e ~ai~ure of fhe morlgagor !o prompt~y
an~ ~u~~Y comply evitl~ II~e aAreements, sfipu~ations, con~I~lions ancl couerianls o~ saicr note and I~is mortga~e, ~
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or either: to per~orm, comp~y u~ith ari~ ahicre by ench aru~ ~~ery t~~e agreemenis, slipu~afions, cone~itions anc~
~ coi~c~nanls set (orlh in said nofe and fhis mortgane or either. In the enenf I?ee mort~agor ~nils to pay when ~
due any tux, nssessment, insurance premium or ot{~er sum o/ money paya6le by virtue o) said note nnd f~is ~
~ morlgnge, or eit~~er, f{?e mortya~ee may pay fhe same, wi!{~out waiuin~ or aj(ecting Ihe opfion fo ~orec~ose ~
i or arry other righf tiereander, and all sucl~ paymenfs sliall 6enr internst from date thereof at Ihe leighest Iau~- ~
~ ~ul mte Il~en allowed 6y tl~e laws o~ Ihe State of Floricla ~
DL any sum o( moriey ~erein reJer~e~ lo f~e not prv:nptly pai~I wit~~in c~ays next a(ler
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I~ the same 6ecomPS clu~, or iJ each antl et~ery II~e a~rnem~nls, sfipulalions, conditions nnd covenants o( said
nole nn~ i~iis morl~a~~, or eitl~~r, are no! (~tUy pi~rform~c~, comp~iec~ wifti and abided .6y, fhen the enlire ~
sum meniionec~ in sait~ note, muI fl~is morff~age, or tl~e entire 6nlance unpai~ tl~ereon, shall ~orthwith or
i, t~~erea~ter, ~f t{~e oplion oJ fhe mortc~a~ee, h~come an~ E~e due and paya6le, anyt~~ing in sai~{ note or ~erein
to t~e confrary nutwif~istan~in~. f'ai~ur~ ~~y Ihe mortgagee to ezerrise any of t~~e riyEifs or options herein
j; pro~~i~/ec1 sha~~ nof conslitufe n wni~~er o~ any ric~~ls or opfions un~er saic~ nofe or 1{~is morlgage accruecl or
~ f{~ereoJf~r accruing. (
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I~ (CURPORATF ~n ~itness ~hereof !he morlgac~or has causec~ l~iese presents io
~EAl.? h~ executec~ in its name, and its corporate seal to be hereunto a~~ixed, by ~~s
proper oJ~icers t{~ereunto ~~~~y nuf , ie day and year ~irst af~ove ~uriHen.
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` i' . . MARK._F _ .....CIAL_.CORPORATION
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~ ASST• Sc.rr~ary -
< $i,yne seal 'aered in tF~e present-e o~:
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! I - - - PreLd~nl t
3 ~ ~ f 1lED 1~tiU R~COR~EO j
I - - s~.IUCfE `;OQ`MRAS~A. ~
( ROG~.' T ~I~
3 ~ C~ERK C~S,CL'IY GOURT ;
~ {I RfCnF~ ~~n~r'=D~ i
~ 2 0~ PN'75 i
# !~t 11 }
s ~tatQ FLORIDA ~
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~ ~(D3-34
~ ~ounty of P~ BEACH
~ I~ ' ~ aultiwi:.vc~ in I~ee ~lal~ nn.~ ~a.nl J 9
r f ~}1/:RF~~~~ (~~:Hr~~'~~ fE~nt on 1{~is ~n~. ~w ore rnr. an o~~~rvr J~d • y n orvsai~ to la~rr ac~nou~r~~. ~
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' i, nu•nls. /~nonu~~~ ~pprure.~ ~
~ MARSNALL H. WELLS AND P. K. OLIVER
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„.~u ~ :ti~ r.~~5..~~~~ o.,a ASST. SECRETARY fPSfK'[IIIYty o~ ~hr ~.~.a~,~.~
i~ mwfqaQw in !~v ~wvy~Hny inslr~unent. nml I{~al I~s~y srrrora~~y a~~4nuu•~vJpra~ errrufing I~r :amt. in Itiv presencv o~ fu~n sutisrrihinq u~lnrss.•s.
;i ~r~•~•~~ an~~ ro~unlanl~• ~~rulrr aulRon~;• eG.~y I`1`SIFt~ m Ih.•m bv sai~~ ~o.~x~arion an~~ t{~ol 16v seal a«ii~d tl~rmto is Ihe tru~ cor~wrale svaj of ~
_ .a;,1 rorTx,.atG~n.
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i' ~vmr~s m, ?~~a ~d oH«<d xa~ ~~,e ca.~~. a~,~ ~t~~t~ a~wF~~J ih~. 2pTH d~> ~I FEBRUARY
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n. ~9 75•;~~~j,,,,
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~ , NOT Y PUBLIC, STATE OF FL DA AT LARGE
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° ' MY COhWIISSION EXPIRES:
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+ ` • • • ~ NOIO?r ~YWit~ Stott of FlKido ~t lorp~ • _
r: ~ . t' M~ C~niw~issi~n Espir~s J~dp 2~, 197~
~ %7irs f+v`r~n~f'~c~i~t•~rcpnrc~~ by: Marshall H. Wel~~ ~~~KOn F~~ a c~ti co.
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~ 745 U. S. Highway 1
~ ~ North Palm Beach, Fla. 33408 SOOK~~ PAGf ~~,s
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