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and shall perform, comply with and abide 6y each and every the agreemsnta, stipulations, conditions and
covenants thereof, and o/ t?tts mortgage, then this mortgage and the estate heroby created, shall cease, de-
terminej~mtd 6e null and twirl.
11111 the mortgagor henrby further covenants and agrees to pay promptly when dw the principal and
interest and other sums of money provided /or in said note and this mortgage, or either: to pay aU and
singular the tQCPS, assessments, levies, linbiltttes, obligations, and enctunbrnnces of every nature on said pro-
perty: fo permit. commit or suffer no wrote. impairment w deteriorofton of :aid land or the improvements
thereon of any time; to keep the buildings now or herea/ter on said land fully insured in a sum of not Less
than
in n company or companies acceptable to the mortgagee, the policy or policies to bs held 6y, and payabb
to, said mortgagee, avid in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectued, accounting
' to the mortgagor for any surpltu; to pay all costs, charges, and expenses. including lawyer's fees and title
searches. reasonably incurred or paid 6y the mortgagee because of the jailors of the mortgagor to promptly
• and jolly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; fo perform, rnmply with and abide by each and every the agreemenb. stipulations, condiftoru and
covenants set forth in said note and this mortgage or either. In the event the mortgagor Jaib to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee 'may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest-from date thereof at the highest law-
f ul mte then allowed by the laws of the State of Florida.
any sum of money herein referred to 6e not promptly paid within
THI$tY days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage. or either, are not jullp performed, complied with and abided 6y, then the entire
sum- mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or -
thereafter, at the option of the mortgagee, become and be due and payable, nnything_in said note or herein
to the contrary nofu~ithsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not cortstittrfe a waiver of any riflhts or options under said note or this mortgage accrued or
thereafter accruing.
~n ~l~t~SS ~~~f, the said mortgagor has hereunto signed and sealed these presents the
day and year first above tnriffen.
Signed, sealed and delivered in the presence of
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STATE OFD ~$yj~Q~j
COUti'TY OF SRagit
I HEREBY CERTIFY that on this day, before me, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
HAitOLD J. LOCKYOOD sad NAAY K. 7ACKil00D, his rife
t to me known to be the person B described in and who executed the foregoing instrument and they acknowledged
K Ixforr me that they executed the same.
WITLESS my hand and official seal in the County and Statc last aforesaid this 27th day of
Z'IiICh A. D. 19 79•
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(lbtatp Seal) FILcD AND r~ECORDEb BL C t:e••Of~~W ~ ngton •
_ ~T. i~!Ci!~ COUNTY, FLA~esiding in Sedro-~3~Ioolley
' = 4a~~1 rty Commission Expires: 7-25-82
79 ~?PR y AM i I. 26
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