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an~I si~all perform, comply with and a6ide 6y eacl~ and every ihe agreements, iNpu~alioru, condttions and
conenants ~he?eo~, nnd of 1{~it mo?tgape, t1~e~ !{~ta mortgage and the estate h.m6y rnRatpd. •I~all cease, d~-
termine and Le null nnd iaid.
IfIN~ t~p morlgaDor heri6y ~urther co~enants and agreea to pay prontptly wlton dw 11~~ princtpal and
tnleresl nnd oftier sums o~ money proutc~ec~ ~o~ in snic~ nole antj ttiit morlgage, or tlther: to pay a~~ and
stnqula~ fl~~ faxps. asseuments, ~evies. ~inbi~itiet, ob~ipnlions. ~d eRCU,n6~c~ o~ ev~ry natun on satd pro-
pe?fy; to permit. commFf or su(~e? no waste, impairment or detertoralion ol :atd l~d or !ht impr+oven~enb
lherecn a~ any ~tm~: to ~epp t~1e bul~tng~ now or herna(ter o~ satd lnrtd ~u~ly tn~nred tn a sun~ o~ nof ~eis
~{,Qn- - - - - - - - - - - - - - t1~11 insursble value - - • - - - - - - - - -
in n company or companies accepta6le Io t1~e mortgagee. the policy a~ ~poltcies eo 6e heW 6y, and ~yabb
to, said mortgngee, ane~ in 1/~e euent any sum o~ money 6ec~ome= ~yab[e by uutue ol suck insurnnce Ihe
mort~u~ee si~all l~ave tl~e rigl~t fo receive and apply the san~e !o fhe inde6tedness I~ere6y secured, aecounting
to f{~e morfgo~lor ~Q~ any surp~~u: to pay a~~ costs, ctiarges, and expenses, incluc~i~g lawyer~s (ees and tit~e
searches, ?easona6ly incu?recl o~ paid by the mo?tgagee because oj f~e ~ai~ure of ftie morlgngor to prompt~r
nnd ~u~~y comply with ttie agreements, sfipu~ations, rnndilions and covenanta o~ said note anc~ f{~ts morfgage.
or eif~er: to pe?jorm, comply wifh and a6ide 6y eacl~ onc~ every fhe agreemenfs, sfipu~ations, condifiona nn~
ca~enanls set (orf~~ in said note and t{~ta mwtgage or eii~er. ~n ihe euent the morfgngor j~u ~o ~y when
due any tax, assessment, insurance premium or other sum o( money puya6le 6y vtrfue o( snid note ~d ~hu
mortgage. or rither, fhe mortgagee muy pay I~e same, u~if/~out wai~ing or a~jecting t~e option to ~orec~ose
or any ofl~er righ! {~ere~ut~er, and al! sucl~ pay~nents sl~nll 6ear intereat jrom dnte thereo/ at the highest law-
~ (ul rate Ih~n allowed by tl~p Iaws o~ the State o/ F?o~da.
~ 7l any sum o( mon~y f~erein re(ened fo 6e not prompt~y pnid within 10 days next n~tt~
the same ~ecomes c~ue, or iJ ear~ and every Ihe ngreements, stipu~nlions. conclilions anc~ covena~ts of -snie~
nole and this mo?I,yage, or eitl~er, are not Jully perJormed, complied wil6 and ab~ded 6y, lhen the entire
sum mentioned in said note, and Il~is mortgnge, or fhe entire ba~artee unpaid l~ereon, shall /ort??wit1~ or
f~ereafler, at ttie option oj !~e mortgngee. 6ecome and 6e clue nnd papable, anyi~ing in said nofe or tierein
fo the contrary notu~iftislanc~ing. Failurp 6y ~I~e morfgagee fo exercise any o~ !he rig~ls or options ~erein -
provi~ed s~a~~ nol conslil~dp a waiver o~ any ?ig~ts or options unc~e~ said nofe or t~is mortgnge accrued or
!{~ereajler accruing.
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~n ~itness ~hereof~ ttie said mortgagor hns hereunto signecl and sea~ed these presenls fl~e
c~ay anc~ year Jirst atione u~rillen.
Signed, aledtand delinered in e pr~sen
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9 STATE OF FLORtDA, ~
~ COUI`TY nF
~ S'1'. LUCIE I HEREBY CERTIPY that on this day. betore me, aa
~ oflicer duly authorized in the State a(oresaid and in the County atoresaid to uk~ acknowledgments, penonally appeared
1JILLIAM R. SELPH JR and TERRIE HAYES SELPH his wife• ; 4.
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to me known to br the penon S described in and who ezecuted the for~goin~ instrument and the~
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beforc me that t e y~x«~c~a the sam~. ; . 7
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N77:•V£SS my hand and official seal in thc County and State last aforesaid this ~3~ ; • da C r
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Mr~y A. D_ 19 ~5 •1 Nr%:i~~ ~
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