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and shall perform, comply with and abide by each and every the agresnwntl, atipulationi. eortdittoru and
eot?enants thereof. and of tha~ mortgage, then thi, mortgage and the estate hetYby croated. shall t.~swe. de-
termine -and 6e null and void.
Ihp mortgagor hereby further covenants and agrees to par promptly when dw the principal and
tntereat and other stuns of money provided for in satd note and tht, mortgage. or etfh~; to pay all and
singular the taxes. aasea:meats, levies. Itabi&tfes, obligations, and enctunbronces of every nature on said pro-
perty: to permit. corrtmit or su jjer no .waste. impairment or deterioration of said Land or the improvements
thet~n at any time: to keep the but[dinga now or herwajter on said land jolly insitr+ed to a sum of not less
than Thirty-Seven Thousand Five Hundred and 00/100 (137,500.04)
in a company or companies acceptable to the mortgagee. the policy or policies to be held by. and payable
to. said mortgagee. and in the event any stun of money becomes payable by virtue of such irutu+anee the
mortgagee shall have the right to receive and apply the same-to fire indebtedness hereby ascnr+ed, aooounttng
to_ thr mortgagor for any surplus: fo pay all casts. charges, End experues, including [ntuyer s - jeea and title
aearchea. reasonably incurred or paid by -the mortgagee 6ecnrue of the failure of the mortgagor to .promptly
and jolly comply with t[te agreements, stipulations. conditions and covenants of said note and this mortgage,
or either: to perform, comply with and abide by sack and every the agreemenb. stipulations. ooreditio?ts and
- covenants -set forth irr said nat~ and_ tltia :mortgage or - either. in the event the ntorfga~or jails to pay _ whsrt-
due any tax, assessment, inauronce premium or other sum of money payable by virtue of said note and this
mortgage. or either. the .mortgagee may pay the same. without waiving or affecting the. option to. jorecbse
or any other Nght hereunder. anti aU such payments shall bear interest from date thereof at the highest law=
juI rote then allowed by the laws of the State of Florida. ~
7L .any sum of money herein re(en~ed to be not promptly paid within $BVen ~7)dnys next after _
tie same bernmea due. or ij each and every the agreements, stipulations, conditions and covenants of said
note and Chia mortgage. or either. are not jolly ~perjormed, complied with and abided by. then the entire
stun mentioned in said note, and this mortgage, or the entire balar~•- unpaid thereon. shall forthwith or
thereafter, at the option of the mortgagee. become and be due artd payable. anything in said note or herein -
to the contrary notwithstanding. Failure by the mortgagee to exercise~ny_oj'_the rights or options herein.:
provided shall not conafitufe a wairer of any rights or options under said note or this mortgage accrued or
thereafter acrnting.
`z i
Ott witness ~her~of, the said mortgagor has hereunto signed and sealed- these presents the
day and- year ~jirst above written.
Signed, sealed and delivered in the presence oj:
,~~y„~
STATE OF
COUNTY OF ,cc~c./~g.~
I HEREBY CERTIFY 'that oa this day, before me. as
officer duly authorized in the State aforesaid and in the County afoeesaid to take acknawkdgments. personally appeared
Frederick Ja®es, Jr. , and Johanna !tarie James, his xi~e
to me known to be the person $ deacn'bed in and who executed the foregoing instrument sad they acknowkdsed
- before me that they executed the same. -
WI1'NESS my hand and official seal in the County and State last aforesaid this .2O day o[
"~~E~c-~- A. D. 19 79
r t '/ice ac
j' '
. , ~ ;f-. 19T9 OCT -3 A!~ 29
~ ~X , Shirley M. MI
-r '~Cfl~y ~ ST
l~lE
COU?ifY
FIA. ~ftllRitikn County M~N~ Y~
~ R06ER POITRt.S ~Ftres 1101
'i` . • . q.ERK CIRCUIT T f?far. 30.198p
- ~%~!~;3s ~s••~~, ~ - RECOr't0 ti'E?1FSE0--
4fi~.154 ox _
BQOK 317 P~F2287
Tliu I,utrrancnt pnpard by: Robert C. Clark, Attorney at bow
Addrr~r 1642 20th Street, Vero beach, 1rlorida 32960