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and shall perform, tv?mply with and abide by each and every the agreements, stipulations, conditions and
cot+enanfs I?te?cwj, and of this moNdalle, then Ibis mortgage and the estate hereby created, shall cease, da-
lermine and be nuU and t+oirl.
~nu the mortgagor ?ternby further covenants and agrees to pay promptly when due the principal and
inten=sl and other sums of money provided for in said note and this mortgage, or either, to pay all and
singular the fares. assn=ssmertfs, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty: to permit. commit or suffer no IUASIP, impairment or deterioration of said land or the improvement
Ihrrrrn at mty limn; fo Irrep the buildinlls now or hereafter on said land fully Insured in a sum of not less
than
in a company or rnmpanirs acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by vI?lue of such insurance the
mortgagee shalt hater the rihhf to rer•eive and apply the same fo the indebtedness hereby secured, accounting
to the morfga{lor for any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reaso?ral>ly incurred or paid by the mortgagee because of the jailttre of the mortgagor to promptly
and jolly comply u~i1h the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and '
cot+ena?tts set forth to said note and this mortgage or either. In the event the mortgagor jails fo pay when
due arty tntc, assessment, insurance premium or other sum of money payable by virtue of said note and this
morfgnge, or richer, f?te mortgagee may pay the same, without uraiving or affecting the option to foreclose
or any other riclhl hereunder, and all such payments shall bear interest from date thereof at Ilse highest law-
(t?1 rate ihen allotverl by the taurs of the State of Florida.
any sum of munev herein referred to be not promptly paid within days next njter
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the same becomes due. or if each and rnery the agreements, stipulations, conditions and covenants of said
Holt and Ibis mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note. and this mortgage, or the .entire balance unpaid thereon, shall forthwith or
Ihereaffer, at the option of the morlgagrr, become and be due and payable, anything in said note or herein
fo Ihr ronfrnry nofurifhslanding. ?'ailure by fbe morfgager Ia exercise any of the rights or options herein
pro?•idcKl shall not constitute n u+ait+er of any riclhfs or options under said Hole or this mortgage accrued or ;
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Iberea f lrr rtrcn?inll. ~
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~ ~n ~~tness whereof, 1br said morfryaclur Iran bereunfo signed and sealed these presents the
day and yrnr lirsf abarv= n•riflrn
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~ Signed, sealed and drlirrrrd in Ibe presence o(:
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STATE OF FLC)RIDA,
Cc)C'`TY t)F 3
I }tEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared l
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~ to m.• kne~wn to Fx• thr• person described in and who executed the foregoing instrument and acknowledged
Iretor+• the that executed the same.
~~•Il XESS my -hand and official seal in the County and Stair last aforesaid this day of 1
4 :1. D. 19 I
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