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and shall perform, rnmply with and abide by each and every the agreements. stipulations, conditions and
oownants thereof. and of this mortgage, then this mortgage and the estate hereby c?eated, shall cease, de-
ter*tone artd be null and void. .
the mortgagor hereby further covenants and agates to pay promptly when des the principal and
interest and other rums of money provided for in said note and tha mortgage. or either: to pay alI and
singular the taxes. assessments, levtgs, liabilities. obligations, and encumbrances of every nature on said pro-
perty; to perrrttf, commit or suffer no waste. impat?menf or deterioration of said land or the improvements
thereon at any time: to beep the buildings now or kereaf
ter on said land fully Insured in a sum of not less
than w~
in a company w companies acceptable to the mortgagee. the policy or polities to be held 6y, and payable
to, said mortgagee. and to the evens any sum of money becomes payable 6y virtue of such' insurance the
mortgagee shall have the right to receive and apply the same to eke indebtedness hereby secured, accounting
to the mortgagor for anq surplus; to pay all owes. charges. and expenses, including lawyer's fees and title
searches, reasonably incurred or paid- 6y the mortgagee because of the failure of 'the mortgagor to promptly
and jolly comply with the agreements, stipulations, 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 jails 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 ehe same, without waiving w afjscttng the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law-
ful rate then allowed by the Laws of the State of Florida.
any sum of money herein referred !0 6e not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and phis 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 farthtyith or
thereafter, at the option of the mortgagee, become and bg due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgages to exercise 'any bf the rights or options herein
provided shall not rnnstitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
(CORPORATE ~n ~jultieSS the mortgagor has.cnused these presents to
SF_AG) be executed in its name, and its corporate sent to 6s hereunto of
f
axed, by ib
proper officers thereunto duly auth a day an year first above written.
ATTEST
s«.ra.,~ J n Maguire
Signed, sealed and delivered in the presence o -
- By . . -
. President
Of rloadela
~OUlttlJ Of sT. ,west
t HEREBY CERTIFY t/wt on ibis day. be/orr ms. an oJliar duly outMrtsed in the Slots .red County a/o~essid b tob oe~no~oloda-
meats. penwnaUr o,~peared -.T~~~ ~~,~iC ~ _ -
volt iuwuon to me to be tla l~+esidnM-wd ~q~wi ~ t
morlyogo? in tim /a?epotng instnuneM, and dwt tl~er sevsroll~ acL.wwiedged esscuting 1I~e some, In tle pasnae o! Iwo w.bsai6ine uunMSSS. t
?nei7r and soluntarily under autlwrilr duly nested in llum
E • WFI'NESS my hand and o((taa! ssd in tAe County and Stets last ajanssoid dds ~ : dayti~d~+~`~
~
~ A. D. t9 79 ' ~ '
F _454209 . ,.`,~'r,~. ~ ~o ~
i9T9 AU6 -8 PM 2~ 02 ; - ; ; ~ : ~ .
``~~AN~gpE~~s~ lbttue~ PYblia _ ~ ~ V.l.flfN
~
;~i . ;
• t
~~~1tiER POITRAS
psissiozt fFf,~N.?~r~ ~
tiECQRA VfRIF~EO ~ ~
Notary Public, State of-t'lorids st (,,ergs.
"l/rt'c Lulru»
tc»
r papaad by: i„h, Comrnss+on Expo.. f.b. Zt, 1993.
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