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and shall perform, comply tvifh and a6idi.by each and every the agreements, attpulatio?ia. conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and twirl.
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>ti~ fhp mortgagor hernby f urfher rnvenanfs and agrees fo pay promptly when due the principal and
interest and other sums of money provided jar to said note and this mwlgage, or either; to pay all and !
singular the taxes, assessments, levies, liabilities, obligattons, and encumbrances of every nature on said pro- ~
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petty; to permit. commit or suffer no waste, impairment or deieriorofion of said land or the improvements
Iherrcn of any time: to keep the huildings nou• or hereafter on said land (ally insured in a sum of not less
than ^I / f~
in n company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
!o, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the _
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyers fees and atb
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulation:, conditions and covenants of said note and this mortgage, '
or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
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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 fo forecbse 3
or any other right hereunder, and all such payments shall bear interest from dote thereof at the highest law-
f ul rote then allowed by the laws of the State of Florida. 3
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any sum o/ money herein referred to 6e not promptly paid within 30 days next after
the same becomes due, or i f each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, rnmplied 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 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
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~n ~ltlleSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written. '
Signed, sled and deli in the presence of
Michael Shellen
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STATE OF FLO IDA, / ~ ~
I COU\TY OF 1~-'~.. /(-.C.C CLL .
~ I HEREBY CERTIFY that on thu .der,±,~tite ant, ->ta
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments; plrtsonaAy ap~earcd j
1
~ Michael Shellen
~ : = _
~ to me known to be the person -described in and who executed the foregoing instrument and .i~10 _ acluwMttd~ed~.
before me that he executed the same. - . ,
H'17:~ESS my hand and official xal in the County and State last aforesaid this ,~'}'L~ _ ~j1j of
A. D. 19 79
S .~~%1,~cd~--.-- - - -
~
-CL~~1/
X919 i.:;'t 30 PN ~ I3
NOTARY PUBLIC
fIlEO A1:t1 ti:Ei:URistll
S ROGER
POITRAS~ MY COMMISSION ERPIRES
[JERK C1F.CU1T CC~R~~~
goesry N,enc, stiff of Flerid~ iF Dim
z N~ Co;nTi. _ io, Fx;, res June 6, 1979
aondsd By St. Paul fin and Marina Ins. Q?
4461
Tins I/xunlnlf/// prrpnrr~[1 by:
n[>~[~.~,s o R 2202
BGJA YALE
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