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and shul! ps?/orm, ~om~,ly wt~l~ nad a6rd. 6r ~ and HYry tRr apcr~m~nts. •fipulations, condtttora o~d
coi~enunls Ihehoj. and of ftits mo?lgap~. fti~ri ftita n~ortgap~ aru/ t~e ~atale G..~.br c~ral~. i~all ceas~. dt- ~
te?Mine and 6~ null and oo~d.
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~ th~ ~nort9apo? I~en+by jwtl~a+~ c~o~wnantr and agnes to pay promptlr w/~en dus Ik~ p~inclpal and
lnterntt and otker su~nt oj money provlcltd ~or 1n iaid not~ and this etortgage, or eIt1~e~: fo par a~~ and ~
singu~ar f~e taxes, assessmenit. ~vt~t. linbi~tlits. objigationr, and ~?tcwn~+anc~ei o/ ei?ery nnlun on sald pro- . ~
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perty; fo pern~il, commlt or su/jer no unuN, lnepairment or d~l~rtona~ton of suid land or l1~s improve~nenb
l1~e~+eon at any tfn~e; to ~p fhe buiWtnei now or I~a+~o~fer on satd Iand /u~~y inau?ed in a aum o~ ~ot ~eu
~J;a~ Thirty Nine Thousand and no/100---------------------------
in o rnrnpany or companies amrpta~?~r ~o !he inortgngee, the po~ic~r or po~icies fo be 1~e~ by. ~d ~ya6l.
fo, said rrwrfgagos. and in f~o r:ont ony aun~ u~ money ~comea ~ya6b br viNw of such in:w+uncy t~e ,
- mo?tgagee shall 6aw tke rig6t eo ~+eceiw and ap,~Ip th~ san+~ to th~ t~debtedness he?e6y secured, neeounting
fo fhe tnorfgngor ~or any surp~us: to pay a~~ cosb. :^tiarge=. ond expensei. tnclurling ~nwy~ s fees ancl Itt~
searcf~ps. reoson46ly tnc~~..ed or ~~d 6r e1~e ~wre9oA.. bacbuse o~ !h~ ~nilure o~ fhe nto?tgngor to prontptly
and (ully eomplr wlf~i t~e opreements, stipu~altons, nxulttions ancj covenants oi :atd Roee ~d t{~u ~~tg~~,
or eilf~er; to pe~orm, comply wttl~ and nbidt by each nnd et~sry the agreeneenta, atipt~jafions, cc?ndiflons and '
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rnve~nnfs set (oHh in said noee nnd thts mortgago or e~ther. /n the e~ent the mortgagor f
nt~s to pay w~en
d~ any t~r, assessmpnt, irutu~nco pr~ntuni or otber iunt o/ ~.oney poyo6k 6r virtue oj said note and lhis
mor~gage, or either. 1/~e mo?tgapee may pay t~e same, without wufvtng or a~~ecting f~e opfion fo (orec~ose
w ony otker rig/~t hereunder, and al! s~ech parntenb s6aU 6enr interest (rom date tkenwJ at fl~e 6tgl~es~ Iaw-
_ ~/ul mte then aUowed by tl~e lawi oJ tl~e Sta1e oJ Flortda.
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~l any sun~ o/ ~no~ey herein re(er?ec~ fo be not prompf~y pnid wiftiin 10 daps neart a(ter
?6n same becomes due, or i~ eacti nnd every the agreeneenta, stipu~nlions, c~ondifiona and covenants of said
nofe and ll~is mortgage, or attker, are not jully p~or~necl, oomplied wifh •and a6ided by, t6en the enlire
sum mentioned in snid ~ote, n?ed tkis mortgogQ, or the entu~e 6alanot unpaid tl~eiron, s6a[[ (ai/~with w
11~e?enjter, at tl~e optton o/ the mortgagee. 6~~. ~d 6e d~ and ~~b4, uny!?~ing in sntd note or he?rin
fo t~?e rnnfmry notwil~sfandirtg. Fai~ure 6r eI~ mortgoa~., to exerdse any o~ t~e rtg~fs or options tierpin
prooided sf~a~~ not c~onsfifute n umiaer of any rig/~ts o~ optiona unde? sad note ar f~i: neortgage accne~d or i
fhereajter accruing. .
jn fV1~11~ ~(~Y`~ l~e sntd morfgngor hw hereunfo signerl ancl sea ef senfs ftie
day nn~{ vear f
irst nbove tt~ritteR. _
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Signer! sea and deli pr~senc~v o): ~
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STATE OF FLOR)DA, J
COUN'IY OF Il , ~
J HEREBY CERTIFY that on thu dsy~ betoK me, ao
ofCxer duly authorized in the Shtf aforcs~id and in the Countr aforesaid to ta4e acknawkdsarcnts, penonaUy appeared
J. Douqlas Badell
to me 4nown to be t6e penoa descn'bed ia aad who executed the Ioresoing iwtrumcnt and he acknowkdsed
beforc me chat he e~ecuted t6e same.
WITNESS my 6and.and o(ficul ~eal in the Cn~nt~ and Sute last aforesaid thu dar d
A_ D. 1977 ~ • .
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