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a~?d sfinll p~r~o~m, i-omply u~ilh and abide 6y ~~h and e~~ery the agreeMenl~, stipulalioris, rnndttioru nnd ~
conenants then~o~. n~id o( Ihis mo~lnas~e, lhpn Ihi: ?no~lgage and tl~e eatale hee~eby cnwted, sl~all cew~, de- ~
fprminp ~nt~ nn~~ an~ ooic~.
~d Ihp mariga~or hen~by (u?t6e~ covenanfs and aAnes to pny promptly when due the principul and
inferesl anc~ ol~~e~ sums o~ money provi~c~ for in satcl note and fhis mo?fgage, w etl~e~; to pay aII nnd
s~nflu~ar f1~e fa.res. QSSPSS/~IPt1It, IPUIPt, ~~aE~t~ities, ob~iflulioru, and encum6ronces oJ every nalure on said pro-
perly: to permif. commif or su~~~ no u~astn. lmpvjrmenl or c~eferiomtion o~ saitr ~anc~ or fhe improvemenlr
Ih~•rrcn at any lim~: to ~PPp IhP 6ulldin~s nou? or herpa(t~r on caid land f ul~y insurecl in a aum ol not leu :
~i~an higbest insurable value
in a compnny or companies a~Pn~able to I~e mortgapee, ItiP po~icy or po~tctes fo t~ hpid 6y, and payable
to, snic~ morlgage~, anc~ in Ihp e~~nl any sum o~ moriey ~e~comes ~ya6i~ 6y virlue o~ suc~ insurance the
morl~a~ep s1~aU [~ai~e the rigl?t to n?rei~~ and apply Ihe same fo !1?e indebtedness here6y secured. accounfi~g
fo 1~~p morfpa{~or ~or any surplus; fo pay a~~ cosls, charges, and expensps, inc~uc~tng ~auryer~s ~eea ond filk
searr~~s, reaso?ea~,~y incumKl or paid by the morlgapee tiec~eisp o( fhe ~ai~ure o~ !he morlgago~ to prompl~y
ane~ ~u~~y e•omp~y u~ith thp agreements, sfipu~afions, concrtfions and coi~nnanfs o~ saie~ note anc~ t/~Is morfgage,
or Pil~~e~; ~o {x•rJorm, comply u~itli nnd a6ide 6y each at~c~ every fhe agreemenls, sfipu~atio?u. conclilions and
coi~~nnnts set ~orfh in said nofe nnc~ this mo?tgage or eilher. /n t~e event Ihe marfgagor ~ai~s !o pay when
due+ ariy tax, assessm~nf, insurance premium or ofher sum o~ money paya6le 6y virfue of said nole a?ic~ Il~ts
mort{~age, or eit~~er, i{~e mortgag~ may pay itie same. u?ifhouf wntving or al~ecting Itie oplion to ~oreclose
or any olber ri~~ht hprPUnc~er, and alI such payments si~al! 6~r interpst jrom date IhereoJ al ~he I~iqhpst Iau~-
(u~ ~nte I~ien a~~ou~ecl 1~y fl~e ~au~s o( t1~P Stale of F~ori~o.
~l any sum o( mon~y ~erpin rn(PRP~ IO ~,e not promptly paid within thirty cjnys next ajter
f~~c~ sam~ f~ncomes ~ue, ar i, eac~ and PPPf}? IIIP ~{jrPPI?1P/IIS, stipu~alions, rnnc~ilions ancr coi~euanfs o~ snid
note and tF~is morf~~age, or either, are noi (ully pe?~ormPCl, complied wit{~ and a6,apa 6,?. 1{~Pn Ihe en?ire
sum mentioned in said nole, and lhis mort9age, or fke entire balance unpaid t6ereon, shall (ortl~witl~ or
Il~ereajtpr, n~ ~h~ option o/ the mortqagee, 6ecome and 6e due and paya6le, unything in said notQ or herein
fo 1{~~ ronlrory noftuifl~stan~Iing. Failure ~y the morlgagee to exprrise any oj the rights or opfions herein
prori~~Y~ shn~~ nol consfifufP a u~ainpr o~ any rifl~ts or opfions under saia nofe or f~is morfgage accrue~~ or
fhereaJf~r ac~•ruin,q.
~n ~itness ~hereof~ Ii~p said morl,yagor f
ns hp~runlo sic~nPCl and sealnd Ihese presents Ihe
~ay an~I y~ar Jirsl aF~oi~e ~nriNpn.
Signe wl nn tl~Ii~~ernd in ~h~. ~.~sP,~~p o~:
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ARTHtIR S . POWERS
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~ STATE OF FLORIDA~ . ~
COU\TY OF M a_~pr ~ Il~ "
I IIEREBY CERTIFY that on this day. bc[on mc~ an
otfic~r duly authorized in the Stat~ a(orcsaid and in the County aforesaid to tak~ acknowledgments, p~nonally appeared
ARTHUR S. POWERS
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~ to m~~ known to br the prnon described in and who executed the loc~qoinq instrument and Wh0 ackAowkd~ed ~
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j before mr that ti@ ~xccuted tht ume.
K'I7;~1ESS my hand and otficial sea! in thc (:ounty and Statc last aforcaaid this ~ dap of ~
` ~y A• D• l9 75 .
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~ . , .,.~,,u~pED Notarq Public
ST l'JC;:- `~'~~T'i flA-
~ rr jF.AS
. , ; . ' _~!T CG, My commission expires :
~ i-~,,~.'.~ . +~i l
. NOTARY PUBLIC. State of Fbrida et lar~8~
. , N,~S ~ ,.t,,,;,;,,;,,,;.
J My Cammission Expires July 18, 19U. ,
MR~ L 49 P ~oe~dl0 py AUTO OMlNERS INSURAKCE~ ,~j ~ r".~~ li
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a R 9 PAGE1245
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