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TO HAVE AND TO HOLD the same, together with the tenements,
hereditaments and appurtenances thereto belonging, and the rents, issue
and profits thereof, unto the mortgaqee, in fee simple.
AND the mortgagor covenants with the mortgaqee•.that the mort-
gagor is indefeasibly seized of said land in fee simple; that the mort-
qagor has good right and lawful authority to convey said land as afore-
said; the the mortqagor will make such further assurances to perfect th
fee simple title to said land in the mortgagee as may reasonably be re-
quired; that the mortgagor hereby fully warrants the title to said land
and will defend the same against the lawful claims of all persons whom-
soever; and that said land is free and clear of all encumbrances except
for any prior mortqages of record.
PROVIDED ALWAYS, that if said mortgagor shall pay unto said
mortgagee the certain promissory note hereinafter substantially copied
or identified, to-wit:
A copy of the Promissory Note is attached hereto and made a
part hereof as Exhibit "N".
j~ and al~all pc~i~•••~~. comply u~illi and abido by eacb and Query tho a~reements. ~tipulnttoni. oondiliont ~
~ conenar~ls tl~~.~o(, nnd o~ tl~is mwtqoge, t1~en this mortgnge and th..,iaa h.hbr c~.ot.d. .hnl! cea:., d.- i
- ~ tetmino and l~p ~udl a~~d iroid. f
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~ ~Ei~ t~~R morl~uflor I~er~:by /urtlier covenanfs an~I a~rees to pay promptly w<<en due fhe principn~ and ~
~ inlereat and otl~e~ swns oj money provided /or in anid note and lhis mo~tgage, or eithar: to pay alI and ~
• singu~ar 1he taxea, ossessmenls, leuiei. lta6ilities, o6ligations, ond encumb~nces oJ euery nature on said pro- ~
' i) perty: to permit. cummit or su~/er no wasle, impnir~rtenl or delerioration o~ aaid Iand or -the improvemen~s ;
~ ehereon ot any lime: to keep the buildinps now or l~erra/te~ on aaid land ~uUy inaured in a fwn o/ not Iess
~ than highest insurabZe ~*a1Le . '
! in a company o~ companies accepta6le to tF~e mortgapee, the po~icy or policies !o be held 6y, and payable j
il to, anicl morfga~ee. anc~ in I~e event any sum o/ monoy 6eco~nes Pnyabl~ Ly viAue o~ such insurance t/~e
mori~agee shnll hava ll~e rigl~e 1o rer~iue and apply tF~e same to ~F~e inde6tedness hereby aecwed, acrnunting ;
to fhe morfgapor jor any aurp~cu; to pay ull cost:, chargQa, and expenses. inc~uding ~nwyer's ~eea and title I
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~ searc~es, reasonab~y incurrecl or paid by the morlga~ee bpcausa oj the lQi~ure o( !he mortgagor to prompt~y ,
~ ~ and (uily cornPly with the agreements.. sfipulaliona, condi~ions and covenanes o~ saicl nola and ll~ia mo~tpaqe. '
i+ or eitliet; fo per~orm, comp~y with ancl nLic~o by eacl~ and ~very !/ie agroomenls. sfipu~alian+, con~liliuns n~ul ;
covennnls set ~arl~i in aaid not~ .and t/~is morlga~o or eifl~et. /n 1/~o ev~nt t~~e murl~~n~~c.~ ~ai~M !u i.aY ~u~.~v~ ~
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" ~ c~ue any tax. ass~ssmcnl.' insurAnCC~ prcmium or oll~~r s~un u~ munry ~xryn~~~r ~~y vi~lun u~ eai~~ nul~~ unr~ Ilii• (
~ morignge. or eit~~er. t/~e morlna{~aR mny pny tl~o samr.. ~uil~~ou!• u,aiuin{~ u~ n(~~K~lin~~ I~~n upl(un lu (unk•~u~n
i I~ or nny olJ~er rinl~t F~cround~r, and alI such paymenls a/~u~~ ~~aur lnloroi! lrum tlulr I~inr~a~~ ul f~~a'~i~~l~~~~l ~u~u i
` I) f ul rnte t1?en n!lou~ed 6y eGo la~os o~ ~l~ ,ti~~~to b/ 1~loriJ~~. • '
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~E 1?~ any sum oj mon~y l~e~Pi~~ r~~~rr~c~ to I~A not pr+ampl~y pai~~ witliin thirty ~,~~rys ~~oxl uflrr ;
! I~~e sam~ ~~~comes ~~u~. or ij eac~~ anrl ~~~~ry I/io apr~~m~nb. sli~?ulutiorur. con~~iliun~ un~~ ~ooar~uul,~ u~ sr~irl •
~ tI riolo und tl~is /Il0l~(~A~R. or either. nrc~ nuf jul~y. p~r(urmo~l. compl~~d wilh a+~d nGi~l.~cl by. ~l~o.~ e/~r ~~.~~ir~
sum nienlioned in said nofe, anc~ l/~is niort{~afle. or l~~e entire balance unpai~ f~•ar~on. sl~a~l. ~ort/~willi or
~ thereajler. at ll~o oplion oj ~h~.mort~ac~ee, b~come and 6e due arid paya6[e, anyel~ing in iaid note or 1?erein
to ll~e confrury nolwill~standing. Failure Ly ~ho morlpagee to axei+ciao .ar+y o( tj~o riUhla or options lierein
provided shall not conrli~ute a waiuc~r o~ any ~ig/~Is or opfions under said not~ or lhis mo?~gage nccrued or
ij lharaa(!er accruinD. _ . . ~ . ~
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~ IN WITNESS WHEREOF, the said mortgagor has hereunto sigried ~
sealed these presents the day and year first above written.
~ ~~Z ~
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~ Signed, sealed and delivered in i_
~ the presence of : AQUA RABELLA, I a~_F1~, i~~~orFsor=
~ By t - : =a~A~~..
~ ~ c~ . ILL GE~ ~e5ldent:
~ L -
~ Witnesses to Corporati n) KENNETH H. DURNBAU Secretary
AQUA RABELLA ASSOCIATES, a Florida
` _ " ~„if' ~ipartnership
~ ~ i~ ~7=t'
~ - ER ILL ( tner)
~ ~
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Witnesses to Partners p) T H. i;RNBAUGH ~artner)
oR ~ ~
~~~3~~ P~( ROBE T~, _C, O ES ~ _ (Partner) . ~
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. . i_ GC. ~ t - " ~
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