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' and shall por/orm, compjy with and obid. 6y ~h and e~~ery t~e ag?eemenlt, alipulatio~s, conditions and '
conenants ihe~po/, und oJ Ihis mortpage, then Ihis mo?tga9e and the eafale hero6y cn+ated, ihall c~ews, de- i
fe?mtne and be nuU und void. j
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~ the mortgagor hervby f
uriher covenanla and agress to poy promptly when due tke principal and
inferes! and ofhe~ aums o) money providecr ~or i~ said note and t~is mortgags. or eifher; to pay a~~ and
singular the faxes. asaessments, leutes, lta6illltes, o6llgatto?u, and encumbwnces o( e~ery nature on aaid pro-
perty; to permil, commit o~ suf
jer no waste. impalrment o? dete?iornt~on o~ satd land or t~e Improvemenb
Il~ereon af ony fime: fo keep fhe bui~tngs now or {~erea~fer on .aid land Ju~~y insu?e~ in a swn oJ not ~ess
ehan highest insurable value
in a company o~ rnmpanies acceptub~e to f~e morlgagee, the po~icy o~ po~icie~ to 6e held 6y, and payable
to, said morfgagee. ana in ttie euen! ony sum of money 6ecomes ~~61~ 6y utrfue o~ tuch insutance t~e
morlgage<? shall have the righ! to receive and apply the aame to the indebtedness I~ereby ~ecured, ac~our~ting
to the mortga~or Jor any surplus: fo puy a~~ c~osts, charges, and expensea, inc~uding ~nwyer a lees and ttt~e
searches, reasona6ly incun+e~ or paid by ftie mortgagee becawe of t~e (ai~ure o~ the mortgagor fo promptly
and /ully comply witl~ the agreements, stipulalions, oondittona nnd eovenants o( snid note and thia mortgage,
or eilf~er; fo perform, comply u~ith and a6ide 6y eacl~ and every the ugreementa. stipulalions, condifiona and
covenanfs set (orfti in said nofe and t~fa mortgage or eitker. /n fhe event the morlgngo? ~ai~a to pay when
due any tax, assessment, insurance premium or otT~er sum o/ money paya6le 6y t?irtue oJ snid note w~d eh~
mortgage, or eifher, t~e morlgagee may pay !~e same, wifhout waioing or a~f
ecling f~e optto?t to ~orec~ose
or any other right bereunder, and all such payments sl~all 6ear inferest /rom date tl~ereoj at f~ie {~ighest luw-
(ul rafe f~en allow~l 6y thp laws o( tl~e Sta~e of Flarida.
ll any sum o~ money herein re(ened to be not prompf~y paid wifhin thirty da}?s next af
t~
_ the same 6ecomes due, or i( each and every the agree~nenfs. ~fipulations, conditions and rnvenanls of said
note a?~~! rh~s mortgage, or eifl~e~, are not /ully per(o?med, complied witl~ nnd abided by+, tken tke snttre
sum mentioned in said note, and this mortgage, or the entine 6alance unpatd ll~er+eon, sl~all jorthwitl~ or
therea(ter, at the option oj f1~e morlgagee, 6eoome w~d be d~ aRd ixiya6[~, anytl~ing in anid note or herein
~o fl~e contrary notwitl~standing. Failure 6y tl~e mortgagee to exer+cise any of fhe rig~b o~ opttoru heretn
provic~ec~ s~a~~ not co?utilute n u~aine~ oj any rig~ts or options unc~er saie~ note or f/~is mortgage'uccrued or
f{~erea~ler accruing.
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n ~ 1he said mortgagor has hereunto signed and aealed theae presents the
dny and year Jirst a6ove w' .
Signed, se n ive ' the resence o~: +
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~ ~ . PAUL E. ERT
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l~~[DY M LAMBERT
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~ STATE OF rLORIDA, ~
COUNTY OF SE. L c.~t ~ r~
I NEREBY CER?IFY that on ehis day. before me. an
of(icer duly authorized in the Stau a(or~said and in ttie County a(orcsaid to tak~ ackrawledgmenb, penonaUy appeared
~ PAUL E. I.AMBERT and MANDY M. T.AMBERT, his wife
~ to me known to b~ the penon 8 described in and who e:ecuted t6e toregoing instrument and wh~ acknowkdsed
beforc me that they executed the same.
~ WITNESS my hand and o((icial stal in the Cou~ty and State last aforcsaid this /7 ~ .^day of
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QC'~~ A. D. 19 7 5. `
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~ My Commission expires rf 7 { i~ n
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