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a?ul shall perform, comply with and abide 6y each and every the agreements, stlpubfioni. conditions and
cotenants thereof, and of this morigaste, then tht mortgage and the estate hereby created, shall esa:e, d.-
termine and be null and void.
the morigogot hereby juriher covenant and agrees to pay promptly when dw the principal and
tnterrat and other Gums of money provided for to said note and tht mortgage. or either; to pay all and
singular the faxes, assessments. levies. Ita6llitie, obligations, and encumbrance of every nature on said pro-
- periy: to penfeit. commit or strf
jer no waste. impairment or deferiorofion of said Land or the improvement
thereon at any lime: to keep the buildings now or frereajler on said land fully insured in a awn of not les
than
in a company w rnmpanies aceepiable fo 1he mortgagee. the policy or poltcie to 6e held 6y, and payable
to, said rlwrtgagee, and• in the event any sum of money 6eeotnea payable by virtue of stub tnswanee the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceottnling
to the mortgagor for any surplus: to pay all costs. charge, .and expenses. including bwye's /ee and title
searches. reasonably incurred or paid 6y the mortgages 6ecawe of the failure of the mortgagor to promptly
• anc~ fully rnmply with the agreements, stipulations, eortdttiora and covenants of said note and tht mortgage.
or either: to perform, comply with and abide 6y each and every the agreement. stipulations. conditions and
covenants set forth in said note .and tht mortgage or either. In the event the mortgagor jdb to pay when
due any tax, assessment, insurortiae premium or other stsrri of money payable 6y virtue of said note and tht
mortgage. or either. the mortgagee may pay the same. without waiving or affecting the option to joreclwe
or any other right hereunder, and all such payment shall bear interest from date thereof at the highest law-
juI role then aQowed by the laws of the State of Florida. ~ -
any sum of money herein referred fo be not promptly paid within 1,4 day: next after
the same becomes due, or ij each and every the agreements, stipulations. rnndltions and covenant of said
note and Ibis mortgage. or either. are not jolly performed, complied with and abided 6y, then the entire
sum mentioned in said note. and tht 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
fo the confnary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not consfiltrle a u+ait+er of any rights or options trrtder said note or this mortgage accrued or
thereof ter accruing.
~n ~I~~SS ~he~eof, the said mortgngor has hereunto signed and sealed these presents the
day and year (inf ahote u+rilien.
Signed. sealed and delivered in the presence of
j~ •
• R~ EL
-
LAS B. MICHEL
i
f STATE OF FLORIDA,
~ coc~~*TY of BROWARD
I HEREBY CERTIFY that on this day, before ttte, at,
oiiicer duly authorized in the SUtc aforesaid and in the County aforesaid to take acknowledgments, personally appeared
SHERWOOD F. MICHEL and DOU=;LAS B. MICHEL
- to me known to be the person S described in and who executed the iorcgoing instrument and they acknowledged
belorc me that they executed the same.
Wt7:VESS my hand and official seal in the County and State last aforesaid this 2nf day of
August A. D. 1979
X55092• ~a~,u,. ,,,,~l,~ st.~
Mr ~fs~pf or ~fo~ At
1929 ~~ls 15 PK 2~ ~ - - -
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FI11:0 AM R~CO~JEU ,e ` ~tii~+utkru, +
S ROGER POI~RASt ;-~':`'~5, .•3r~ - ~ -
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RfCORO VFR1FIfn--------y-- ~ - ~ ~ ~ ; E
•
Tl~a Lulnaiuyf~ ~r rrd by: ~ ~ '4`"~ ; ~ ~ f -
P Pie D. JUNE OWEN, ESQ. t~ ~ ,
~1rhlrrs 208 Southeast Sixth Street y ; ~~(1Z~~~
Fort Lauderdale, Florida 33301 r- ~,y~
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