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and shall perform, comply with and abide by each and every the agreements, sttpulatioris. conditions and
covenants (hereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
fermtne and be null and troid.
~Itd the mortgagor hereby f
urlher covenants and agrees fo pay promptly when due the principal and
interest and other sums of money provided for to said note and this mortgage, or either: to pay all and
singular the fares, assessments. levies, liabilities, obligations, and encumbrances o/ every nature on said pro-
perty: to permit, rnmmif or suffer' no waste, impairment o~ deterioration of said land or the improvements
therecn at any -lime: to beep the buildings now or hereof ter on said land fully instued in a sum of not_ less
than N/A
in a campany or companies acceptable to the mortgagee, the policy or policies to ~+e held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secttred, accounting
to the mortgagor (or any surplus: to pay all rnsts, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee 6ernuse of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and .-ovenants of said note and this mortgage.
or either, to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the even! the mortgagor foils to pay when
due any far, assessment, insurance premium of other srrin of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
ful rote then allowed by the lards of the State of Florida. _
~L any sum of money herein re(ened fo .lie not promptly paid within 30 days next niter
the same becomes due, or if each and every the agreements, stipulations. -conditions and covennnts of said
note and this -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 forthwith or
thereafter, a1 the option of the mortgagee, become and 6e due and pnyabh3, anything fn said note or herein
to the contrary nofu•ifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or
thereof ter accruing.
~n ~itneSS whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first nbot%e trrilfen.
Sign sealed and d ivered in the presence of : ~ .
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- - - - - ~ ..~R -
~ ne3s ~ OR GRO
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-
i -
STATE OF FLORIDA.
COU\TY OF
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
CARL E. GROTHMANN and KAORU GROTE~fANN, his wife, - -
to me known to he the person g described in and who executed the foregoing instrument and acktK,wkdged
?xfore me that they executed the same. - - ~ .
r--.;,~
WITNESS my hand and official seal in thr Gounty and State last aforesaid this J j~="•"!'-y~.~,~`!d4y 'o~
- ~ a7
OTARY PUBLIC ; ~ • • -
I t Yr .~e
MY cq~Mtss~otr Ex~lti~~k ~P,~Tt~ts
(LED AltL FtCt;t•IiED g(XJOED TFtRt1 GENERAL, tNS- 1~1~,.,..
~ROUGER
POITRASA
CLERK CIRCtaT CO ' T
RECCnD V RiF'E2_ ~.-1'~~= -
~~585
This i~ulnnnfir~ prrprrrr-i! by: _
Arldrru B` ~R~~ PAGf~,~
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