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and shal! p~.(orm, comply witFa and a6ide by ench and ei~ery tl~s agreementa, sftpulattona, condtllo?~s and
co~~enants tl~ereoj, a~d o/ tl~ti moNgnge, t6en thu mortsage and~ the ~atate he?eby cTeated, ahall cease, c{e-
Iprmine and 6e null and votd.
Iin~ Itia morfga{~or hen+by ~ur!/~er covenanf~ and agrees to pay prompfly wl~en elue !ke principn( aru~
inferrst and of{~er tums o~ money provided ~or in suic~ note and fhii morfgage, or eifher: to pay a~~ ond
singu~ar the laxes, nssessmenfs. ~eviet. ~la61~ities, ob~igafions, ane~ encumbroncea oJ ei~ery nature on snid pro-
perly: fo permil, commlt or su(~e~ no wusfe, impairmenf o~ tjete?iomfion o~ saic~ ~nd or fhe improuemenfs
lhereon a1 any Iime; to keep the huildings now or I~e?wajfer on snitl ~and ~ully tnsured in a sum oJ not less
Itian
' in n compnny o~ companies accepta6lf to the mortgngee, the polic~r o~ policies to be held dy, and paya6le
to, said morfgagee, and in !ho evant nny aum o~ money becomai ~yabl~ by virtue of auc~ insurance !tie
morlgagee s~a~~ {~ave f~e righl to recetve nnd applr the same to tl~t inde6ledneai here6y secured, aceounffng
to the morfg4gor (or a~y su?p~ut: to pay a~~ cosfs, charget, and expensea, inc~uding lawyer s~ee~ and ttlle
• saarcRPS, reasona6ly inc~ir?e~ o~ ~~d 6y the mortgagee 6ecaute of t~e ~oi~ure oj 1he mo?fgngor fo prompf~y
and /ully comply with ehe aereements, stipulnl~oru, eonditio?u and covenants oJ said note and Ihb rnortgage.
or eithP?; to perJorm, comply with and abide by eacl~ nnd every the ngreements, sltpulations, condifioru nnd
covennntt set fortti in said note and Ihis mortgaga or eif~e~. In fhe event !he morfgagor (nils fo pay when
due any tax, ossessment, insurance premium or other su~n o/ money poyn6le 6y vi?!ue oj aaid note and tl~is
mortgage, or eiftier, f{~e morfgagee may pny ttie same, wif~ouf wniving or n~(ecting f{~e option to lorec[ose
or ~ny otl~er right he?eunder, and alI such pnyments sl~all 6ear interest /rom date tl~ereoJ nt fhe hig6e:t lnw-
(ul rale tRen allou~e~ by t{~e laws o/ the Sta~e oJ Florida.
D` any sum o~ money herein re(enc~I Io be not prompt~y paid wilhin c~nrs next nf ter
t~e same ~pcomes due, or i~ each ant~ euery ftie ngreements. ;fipulations. condilions anc~ couennnfs o~ said
note and this mo?tgage, or eifher, are not ~ul~y perJornted, complied with •and abiclec~ 6y, tben the entire
sum menlioned in aaid note, and tl~is mortgnge, or tke entire 6alancQ unpaid ttiereon, s6all ~orthwit6 or
t~r:eu(lFS, c! !h~ oplEon a! !~e mortgagee, ~ecoma ~d bg d~ and ~yabl~. anyt~ing in snid note o? h~r~in
fo II~e confrnry nolwitl~standing. Failure 6y 1ke morfgagee to exancfte nny o` !he rigtits or opftoru hetein
providecl sho~~ not conslifufe n waiver of any rigl~fa or options under said nofe o~ ftiit morlgage accrued or
f~erea~fer aceruing.
~n ~~lil~ ~Il~~t~ !tie said mortgagor has {~ereunlo signed ond sealed these pres~nis thp
c~uy an~ year (iraf a~ove wriften.
Signed. sealed and deli~~ervd in fRe prasenco o/:
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n.. ~ M~ARET L. KELI
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~ STATE OF MICHIGAN
a
' counrrx oF OAKLAND ~
I HEREBY CERTIFY that on this day, be[orc me, an
o((icer dul~ authorized in the Stat~ aforesaid and in the County aforesaid to takc acknowledqments, pcnonally appcared
MARCARET L. KELLY
~ to me known to br the person dtscribed in and who ea~cuted the foreqoing instrument and She acknowkd~ed ~
~ be(ore me that $1'le cx~cutcd the same.
~ti'I7~tiESS my hand and o(ficial seal in th~ County and Statc last aforesaid this ~ dar of
~ JUNE :1. D. l9 79 .
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TH13 IVgTRUMEH7 PR[PARED BY C~~~~~ f~u~ 4?4
` CHARLES R. P. BROWN
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