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and ahall pe~~orm, comply with and a6id~ by each and e~~e?y tl~~ agreementt. •Hpulalioria, condittoni nnd ~
conenanfs tl?e?eoJ. and o/ 1{?is mo~tga~e, l1~en tl~ts mo?Igage and the estate l~ere6y ctratecl. shall cease, de- i
tprmine anc~ ~ nu« an~ ~wic~. ~
~ f~p morfgat~o~ herody ~urlF~er covenonfs and og?ees to pay promptly when due the pHnctpnl a~?d
interes! and other sums o~ money provicrec~ ~or tn satd ~ote ant~ fhts mortgage. or etther to pay u~~ and
singu~ar I~e ta.rPS, assessmenls, ~vies, ~ia6i~ilies, o6~igatlont, anc~ encumbmnns o~ every nafure on sntd pro-
pe?ly; fo perm~t. rnmmtf o~ su~~e~ no wasle. impairmeaf or deferiorotion of saic~ ~ant~ or fhs improvententa
Il~p~en al any time; fo keep fhe buikli~gs nou• or he?raj~c~r on said land jully tnsurec! tn a sum oJ not loas
than highest insurable value
in a company o~ co~npanies acceptable to I~e mortgagee. Itie po~tcy o~ polic~es to 6e ~e~ by, anc~ pnyab~e
to, satcl mortgaAep, anc~ in fhe event any sum oJ money becomes ~yabl~ 6y uirfue of such insum~ce I~e
mortgagee shall have !he righ! to receive nnd opply tl~e same lo tl~e inde6fedness hereby secured, ncrounttng
fo f~e morlgagor ~or any surplus; !o pay a~~ c~osfa, chnrges, a?~d expen~es.. inc~udtng ~awyera fees ond tif~e
searc~es, rPOSOnati~y incurrecl o~ patd 6y tl~e mortgaoee ~eca~ue o~ t~e Jni~ure o( f~e mortgagor to protript~y !
ancr f
ully comply wit~ t~a agreemenls, sfipu~a(ions, rnnc~itions and rnvenanfs oJ said note and Ihis mortgage,
or eilher; fo prrform, comply wttl~ and a6tde by each and euery the agree~nenfs. stipu~alions, eondifions anc~
conena?ifs spf ~orth in saic{ note nna t~is morfgage or eithe?. ~n fhe event l/~e mo?fgagor ~ai~s to pny whe~
due uny tax, assessment, insumnce premium or othe~ sam oj money paya6le 6y ulrtue o( saic~ nole anc~ t~is
mortgagp, or either, t~p morfgagee may pay t~e same. wit~out waiving or a~~ecting Ihe oplion fo ~orec~ose
or any other ri~I~! I~preunt~er, and all suc6 payments shnll bpar interest /rom date IhereoJ at thp htghpst t~u•- $
(ul mle lhen allou~ed 6y IhQ lau+s oJ 1he Stalp o~ F[o~ida. ~
~L any sum o~ money I~ereirt re(Prred to be not prompt~y paid wit{~in thlrty anqs next u~ter
I~tP SaflLP ~PCOIIIPS ~UP, or if each and every f~e ag~eemrnts, stipu~aiions, rnnditions an~ covenanls o~ said
note and this mortgage. or eilher, are no1 Jully per/orme~. romplied wit~ and a6tded 6y. Iben t1~e antire
sum mentioneci in said note, and this morlgage, or the entire 6alonce unpaid l?~ereon, shall Jorttiu~itf~ or
therea~ter, at Iti~ oplion o) the mor~gagee, 6ecome and be due nnd payn6le, anytl?ing in said nole or 1?erein
to Ihe contrary nolu~ithsfandiny. Failurc• 6y t~e morfgegee !o exercise any o~ l~ee r~ghta ot options herein
pronide~ s~a~~ nof consfilufe a u~ainer o( any riryhfs or options unc~er saie~ nofe or ttiis mortgage acc~ue~ or
t~erea(f~r acrruing.
Dn ~itness ~hereof~ f{~P sai~ morfgagor ~ e ~nfo signe~ an~ sea Ihese presents t~p
cray an~I year ~irs! lloOl~P iurillen. r
Signed, sealpd ond deli~~erpcl in the pr~sence oj: ~ .
,
- - -~---~~:u:~ - ;
~ l ARTHUR S POWERS
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STATE OF FLORIDA~ ~
COCNTY OF MARTIN
I NEREBY CERTifY that on this day, beton me, an
officer duly authoriz~d in the Statr aforesaid and in the County aforrsaid to takc acknowkdgments~ personally appeared
ARTHUR S. POWERS
to me known to be the person desc~ibed in and who executcd the tor~qoinq instrument and HE acknowledged
before me that gE ex~cuted the same. -
K il i~1ESS my hand and o((icial seal in the County and State• last aforesaid this 7th day oi
: Z4Sj? A. D. 19 7 5.
,
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, NOTARY pUB~tG, State ot Florida at L"er'ge.
FfLf G Ah: K~~~t•40E0 ~ Mm ~~~'on Expres ,luly 18, 197J.
r pf UTO OYIINERS INSUWWCE~
- ST. t tiCl~ :.,UATY FLA. i,~,~~s~r,
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