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' and shall perform, comply with and abide by,each and every the agroements. stipulations. conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be mill and void. _
_ Tl<1~ the mortgagor hereby further covenants and agrees to pay promptly when dus-the principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular fhe faxes, assessments, levies, Ilabiltties, obligations, and encumbrances of every nature on said pro- -
perty; to permit, commit or suffer no waste. impairment or deterioration of said land or fhe improvements
fher+ecn at any lime; to keep the buildings now or hereaf
ter on said land fully insured in a sum oj~ not less _
than FULL INSUREABLB VALU~-
in a rnmpany or companies at~ceptable fo the mortgagee. the policy w policies to bs held 6y, and payable
to, said mortgagee, and in the event any sttrrt of money becomes payable by virtue of such tnsur+nnce the
mortgagee shall have fhe right to receive and Qpply the same to fhe indebtedness hereby secured. accounting
to the mortgagor for any sttrpltts: fo pay alt costs, charges, and expenses, including lawyer's fees and tttle
_ searches, reasonably incurred or paid 6y the mortgagee because of fhe failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perform, rnmply u?ith and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In fhe event fhe mortgagor jails to pay when
dus any-tax, assessment, insurance premium or other sum of money payable- by virtue of said note and -this
mortgage, or either, the mortgagee may pay the same, without wniuing or affecting the option to foreclose
orany- other right hernunder, and all stick payments shall bear interest from dote thereof at the highest law-
ful rate`Ilten allotvetl by fhe faros of the State of Florida.
any sum of money herein referred to be not promptly paid withinFifteen (15)dnya next after
fhe same becomes due, or i( each and every the agreements, stipulations, rnnditions and covenants o/ said
note and this mortgage, or either, are not -fully performed, complied with and abided 6y, then the entire
sum mentioned in said [tote, and Ibis mortgage, or fhe entire balance unpaid iheneon, shall forthwith or
thereafter, at fhe option of the mortgagee, become and 6e due and payable, anything in said note or-herein
fo the rnntrary notu~ithstartding. Pailttre 6y fhe mortgagee to exercise any of the rights or options herein
provided shall not consfihtte a waiver of any rights or options under said note or this mortgage accrued or
Ihereajter accruing.
~n ~itneSS ~hereofr fhe said mortgagor has hereunto signed and sealed these presents fhe
day and year first above u+riffen.-
Signed, sealed and delivered in the presenCP o(:
, EU G. S IN
DA LOUI E SWAIN
I - -
Province of Qntario in the Gantry of Canada
~a7t8~sa T~a~snip of Dtnwich ~
~x~xtx~ Canty of Elgin
- I HEREBY CERTIFY that on this day, be[on me, an
btficer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
EUGENE G. SWAIN and BRENDA LOUISE SWAIN, his wife
to me known to be the persons described in and who executed the foregoing instrument and they acknowledged
{xforr me that they executed the same.
17:NESS my hand and oiticial seal in the County and State last aforesaid this 28~ day of
September, A. D. 19 79. -
My Ctrmmission Expires: ~
~ ~
~ i
t
T/~u !iu/nu~rcn~ prrpr:rrr! by: ARIF PARUPIA
Atlrlrrxc L.AVW. ER.~ TiTLE INS. CORP $llOK3~,7 PA~E14~
- 9999 S. U. S. 1
Dt~rf V_ t.rL Cln.t.1. 9'utM