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- • 'and shall perform, comply with and abide 6y each and et+ery flee agreetsienfs, stipulations, conditions and
eanenant ihereoj, and o/ this mortgage, then this-mortgage ,and /lie estate hereby created, shall cease, de-
termine and be null a?:d t+otd.
flee mortgagor herc?by further covenants and agrees to pay promptly when due the prtnctpctl and
_ tnte?rst and outer sums of money provided for in said note and this mortgage, or either; to pay all and
singular the faxes. assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
, party; fo permit. commit or stejjer no waste, impairment or deterioration of said land or the improvement -
lherrcn of any lime; to beep the buildings now or hereafter o?t- said land fully insured in a -sum of not Less
than N/A
in ?z company or eomparties acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee. and in the event any stem of money becomes payable by virtue of such insurance the
mortgagee shall hone the right to receive and apply flee snore fo flee indebtedness hereby secured. accounting
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including -lawyer's fees and title
searches, reasonably incetrrecl or paid by the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the ag?eeme?efs, stipulations, conditions and covenants aj said note and flits mortgage,
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
cvvenants st,t forth in said note and this mortgage or either. In the et+ent the m_ ortga~or jails to pay when
due any fax, assessment. insurance premium or other stem of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or of
jetting ilia option to foreclose
or any other right hereunder, and all such. payments shall bear interest from date thereof at the highest law-
(ttl rate then allotuecl by the taus of the State of Florida.
~l arty sum of money herein referred l0 6e not promptly paid within 30 days next after
the same becomes due, or iJ each and every the agreements, stipulations, conditions and covenants of -said
note and this mortgage. or either, are not jolly performed. complied with and abided 6y, then the entire
sum mentioned in said mote, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at tKe option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notu?ilhsfanding. 1=ailtere by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a u+ainer of any rights or options under said note or this mortgage accrued. or
thereafter accruing.
~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year just abODP trrilfen.
S(gnPd. Sealed 4?Id dPlit+Pre(l iIt ihP prPSP?tfP Of:
~wi ass _ i~~~ L~f J-: -Y - ,
witness - - -
STATE OF ~ INDIANA }
CQL';VTY nF + i -
/ I HEREBY CERTIFY that on this day, before mt. an
officer duly- authorized in the Statc aforesaid and in the County aforesaid to take acknowledgments, personally appeared
EUGENE J. YOUNG and MILDRED THAYER YOUNG, his wife
to me known to be flit prrsonS dcscrihed in and who eaecutcd the forcgoinq instrument and they ackttow)edged
I+cforr me that they czecuted the same.
~~'I7:\'ESS my hand and official seal in the County and State )ast aforesaid this day of
September. -
- - - -
'i
f
199 S~? 27 F~ 2= 28 MY COI~iISSION EXI'.Iw - ~
_
FILED RNC FECCs:OiU ~ ~ = 4 °~~--r?' ` ' -
SLLUCIE COJ'tTY.FIA. . Ce''~.,.,:..-' C`i -
ROGER POIiRAS - ~t ~ .
CLERK C1P.CU1T CCtlR - ~ .;;t:
I RECCRU t'EF.iFi~'?-~-
4~590
This hulntm~~H prpnrcJ hy:
Ac!(/r(ss 8~
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