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and shall perform. oanply with and abide by eoch and every the agreements, stlpulattoris, oondlNons -and
eorenants thereof, and of this mortgage. then this mortgage and the plate hee+rlsy canted, shall cease. de-
tertnine and be ntdl and void. .
the mortgagor hereby f
archer cnvertanb and ogiees to par promptly when dw th. prtnctpal and
tntensst and other :tuns o/ money provided jar in sold note and this moNgage, or either: to pay all and
singular she twrss. assessments, boles. liabilttla. obligations. and encwnbronces of every nature on said pro-
perty: to pen?tlt. cotnntit or suj/er tw waste. intpai?mertt or deteriot+atton of sold land or the tmprowments
thereon at any time: to Iteep the 6Wldt,tgs now or hereafter on sold land /ally iruured in a stun of not less
than max3nyn 3llsurabl,e value
in a company or companies acoeplabb co the mortgagee. the poGcr or policies to 6e held 6y, and payable
to. said morlgagw, and in the event any sum of money 6ecomp payable by Wrtw tj such insttrana the
mortgagee shall haw the right to receive and apply the same to she indebtedness hereby sectsr+etl. ac~oounttng
to the mortgagor for any surplus: 'to pay all costs, charge. and expense, trtcludtng lawyeri fees and titb
semrhee. reasonably trtcttrr+sd or paid by the mortgagee because of she fattu+,. of flu mortgagor to promptly
artd fully comply with the agreements. stipulations. cortditiorts and covenants o/ said Hole and this mortgage,
or either: to perform. comply with and abide by awch and cusp the agr+eanents. stipulations. conditions and
c~ovenanb set forth to said note and this mortgage or either. In the event the mortgagor falls to pa)r when
due any tax. assessment. insurance premium or other slim of money payable 6y virtue of sold note and this
mortgage. or either. the mortgagee may pay the same. wuhout waiving or of
jecttrtQ the option to jorecloe
or any other fight herwunder, and nU steclt payments shall bear Interest /rom date therroj at the htghest law-
. (ul rate then albtved by the lotus o/ the State of Florida.
7` any sum of money herein referred to be not promptly paid wtthin 30 days next of
tp
the same becomes due. or ij each and awry the agreements. stiptalatto?u, eondtttons and covenants of sold
note and this mortgage. or etcher. are not fully per
jornted. complied with and abided 6y, then 'the entire
sum mentioned to said note. and this mortgage, or the entire 6adnrtce unpaid ther+eora shall forthwith or
ther+eajter. ac she option of the mortgagee. become and 6e dw and payable. anything to said note ar herein
to the eontnary notwithstanding. Failure 6y the mortgagee . to exerNse any of the rights or options. herein
provided shall not eonstilttce a waiver of any rights or options tutder said note or this mortgage aoaued or
cherry f
ter accruing.
jn ~ ~~`y the said mortgagor has herrunto signed and sealed these prosents the
day and year first above written.
Signed, sealed and delirered in the presence o/:
_ . ...a~_ ~
:P
r
srot~, Jet.,
STATE OF FLORIDA. ~ .
COUNTY OF $'j', ~I,
I HEREBY CERTIFY that on this day, before me, as
officer duly authorized in the State of id and in the County aforesaid to take acknowkdamenu, perwnally appeared
J. t3'RANPLESI SQffRARD, IrJK S ,and (g~ffi S"ICi~, JR. , to me k»own ~ be all
Ot~ ~ i!1~f e~E~S~~fr91]ip OrgdnlZed 1u~det the
oregano instrument sad tl'1~ acknowkdsed
before me that t2~ ezccuted the same.
' WITNESS my hand and official sef41 in~thc County and State last aforesaid this Z"~. day of
A1X3tl4t A. D. 19 79. ~t
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