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' nnd itia~~ perfonr~, comp~y wilti and a6td• 6r .~k and ei~~ry f~e ag?o~m~nb. ~tlpu~atloni, condiflons and
eorenants thereo~, and oJ tl~ta morl9aAe, then lhjs mortgags and th~ eitat~ 1~~6y c?~atsd, sl~al! cew~, d~-
I~nntne and be null and twid.
~ Ih~ mo~tgupor henby ~urtl~er covenants and agrees to pay promptly when due tl~e p?inctpal und
t~taresi an~ ottier sums o~ money prootc~ed ~or tn satd note anc~ !hu morfgags, or e11tie?; to pay a~~ ond
atngu~ar !he faxes. assessmenta, ~evies, ~Iabl~ifies, ob~igatioru, and encum6nances o~ every nature on aatd pro- ;
psriy; to permll. rnmmif or ~ujler no wwte, imj?airment or deferior+afion o~ ,atd lond or tho improvementa
f~er+ecn af ony fEn~e; fo ~ppp the bui~ings now or tierrajter on said ~and (uUy iru~uecl in a sum o~ not ~ess ;
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thnn highest insurable value
In u company or companiet ac~cepta6le to the mortgagee. the policy or polictes to 6e held 6y, ond pa~+ubl~
to, sald morfgayee, and in fke event any aum o~ money 6eeomes ~yn6l~ 6r virtut of iuch in~urance tl~t
mo?tgagee s1~all have the right to receiue ond opply fke aame !o ll~e inde6tedness hereby iecwed, accounting
to !{~e mortgapor jor ony swplus: fo poy u~~ costs, charges, and expe~aet, tne~turing ~awysrs (eet ant~ tlf~e
seerches, reasona6ly incurred or patd 6y the mortgagee because oj tl~e /ailure o~ tl?e mortgagor to pro~ptlr
anc~ ~u~~y c~omp~y wif~ f~e agreemenfs, :fIpu~aflons, condiltoru and covennnt~ oJ said note and tl~is mortgog~.
or eit{~er; to perform, comply wifh and abide 6y each nnd e~ery the agreements, stipulations, rnndittons and
covenanfs set ~ort~ in said note und this mwfgage or eit~er. ~n f~e evenf the rnorfgngo~ ~at~t to pay w~en
' due nny tax, assesJment, inaumnce premium or othe~ sum of money ~yable 6r vtrtue o) said nole and lhis
mortgage, or etfher, Ihe mo?tgagee may pay f~e same, wlltiout woiving or uffecting the oplto~ to forec~oae
or nny other rigl~t herpunder, and all such pnyments s1~aU bear interest ~rom date thereo/ at the highes! Iau~-
(ul rate Ihen allowed 6y the laws o~ fhe State oj Floridn.
1L any aum o~ money herein ~e~er?pt~ lo be not prompf~y pnid within -30- days nex! aJtar
t?~e same 6ecomes due, or iJ eacl~ and every the agreemenl~, stipulations. conditions and covenants o( said
I note anc~ Ihi~ morlgage, or eiftier, are not ~u~~y per~ormed, complied with and a6~d~d by, then tke enftre
~ sum mentioned in said note, and tl~is mortgage, or the entire balance unpaid thereon, shall /orthwith or
thereaf
ter, af the option o{ Ihe mortgngee, become and be due and paya6le, anytl~ing in said note or hefein
to fke contrary notwilhstanding. Failure 6y fke morfgagee to exercue nny o~ t~e rig~fs or optiona tieretn
pronitled s~n~~ nof constifufe a waiuer o~ nny rig~fs or opfions uncler said note or ltiis mortgage accrued or
Itierea(fer accruing.
~n ~~IIIQ~ ~~0`~ tl~e said mortgagor has {~ereunto signed and sealecl lhese presents tf~e
day and yenr ~irst abone u~riiten.
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~ Signed, sealed and delinered in the presence o): ~
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, - - CAROL K. PARR '
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~ STATE OF FLORIDA,
? i~ COUNTY nF Mar t in
~ ~I I HEREBY CERTIFY that on this day, beforc me. an
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~ I officer duly authorized in the Stat~ aforesaid and in the County a(orcsaid to ak~ acknowledgmenu~ penomUy appeared
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~ GREGG R. PARR and CAROL K. PARR, his wife
~ to me known to be the penon S described in and who executcd the (orcqoinq instrument and t ey acknowledsed
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~ ~ befor~ mc that they cxccuted the tame.
~ ~ WI7:'~1ESS my hand and otficial ual in the County and State last aforesaid this 7th day of
~ ~ July A. D. 19 78.
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! ST IUC~E COUNTr F: e Notary Publit - My Commission Expires:
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~ i~.'; Commission E.~ires .S~'y 12, I^':~ ~
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