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and shall perform, comply urifh and abide 6y ench and et'ery the agreements, sttpulatiori:, c~ondifions and
col'Pnanfs dtereof, and of Ibis morfgaste, Ihen this mortgage and the estate hereby created, shall cease, de-
fPlalirle and be Hurl and t•oifl.
I~n~ the murlflartor hPrnby further covenants and agrees to poy promptly when due the principal and
inlernsl and other sums of money provided for in safd note and this morlgage, or either, to pay all and
singular flee taxes. assessneertls, Irl'IPS, Ita6flities, obliftatiorrs, and encumbrances of every nature on said pro-
perly: to permit, commit or srrf
ter rto u'astP, impairmertl or deterioration of said land or the improvements
fhPrnen at arty time: to Iteep the buildings note or hernaf ter on said land fully insured in a sum of not less
than
in a company or f-ompanies acceptable to the mortgagee, Ilte policy or policies to be held by, and payable
to. said mortf(agPP. and in the even! any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to MCPII/P and apply the same fo the indebtedness hereby secured, accounting
to the mortgagor for any surpbls: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by fhP mortgagee because of the failure of fhP mortgagor to promptly
and fully comply with dIP agreements, stipulations. corulitions and f-Or'enants of said note and this mortgage.
or either: fo perform, comply faith and abide by each and euPry flee agreements, stipulations, conditions and
covenants set fords in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any ta.r, assessment, irlsumnre premium or other sum of money payable 6y virtue of said Hole- and this
morlgage, or either, the morfgrrgeP may pay the same, u+ifhout waiving or affecting the option fo foreclose
or any other right hereunder. and all such payments shall bear interest from date ihe?eof at the highest Inur-
f ul rate then allouled by 1hP laws of the State of Florida.
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any sum of munev herein referrnfl to be not promptly paid within -1~- /says ne~ei ufiei
the same l>PCOnreS flop, or if each and erery the agreements, stipulations, conditions and covenants of said
note and this morlgage, or either, are not (ally performed, complied u/ith and abided 6y, then the entire
sum mentioned in said notr, and this morlgage, or the entire 6nlance unpaid thereon, shall forthwith or
fhernafter, al the option of fhP mortgagee, become and be due and payable, anything in said note or herein
to the contrary noh/•idlstanding. 1'nilure I,y the mortgagee to exercise any of the rights or options herein
1 provided shall not ronaifutr n u•airPr oI any rights ar options under said note or dlis mortgage accrued or
lbPrnalter ar<•nlin~l.
n ttneSS whereof, thl' Said morl~lapnr has hernunlo signed and sealed these presents the
~ (l(iy and year f IrSt ab01.1• 11'Ilfte/1.
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~1 ?IP(1, SP(t led IUId (lehl•Me(l III llle
i` g pr SNIT ['P Of .
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STATE ()F Fi.l )RID:1, )
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i COt'\ iY t rF Brevard
i HEREBY CERTIFY that on this day, before me, an
~ offifer duh• authorired in the State aforesaid and in the County aforesaid to take arknowtedQments, personally appeared
i
~ Q~ester L. Sams acct Shirley J. Sams
to me known to tx- the person S dexrilxd in and who Pxefuted the (oregoinq instrument and tl'ley acknowledged
Ixfore mP that they rxecuted the same.
K't7 ~F.SS my head and of(ifial seal in thr County and State last aforesaid this ~ day of
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~ Septetfill~ n. l9 79
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'O r,!' .e -
{ My Ca[>RdssiQn Expires: ~ c~~. „ 1
~ Si LU 1c Cl1~' tiT ;:t ~ ~ - : j
i Ruc~~ fa rc~, t >RA>~ a wouor? ~r t.~ ~ ` Y
°CLE~t(c,::c~.~i L . It GoiwRtwa i7~~ ~uw. v t~a~ ~ c ~ ~ ,
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JACK B. SPtRA
%7ri~ Inc~rur~u•ul jlrr~(rrf•J hy: Afforcey At Low p
I / su?lo Btd9. ioo - PsLF 82S
1 "R318
I ,•lc (/rf: c ii5 ~'al~n Bay Road G ~