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and shall perform, comply u~tfh and abide by each and every the agreements, stipulalIoni, conditions and
covenants thereof. and of this mortgage, the?t this mortgage and the estate hereby created, shall ceaae, de-
fermine and be null and void.
end the mortgagor hereby further covenants and agrees fo pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either; fo pay all and
singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; fo permit, commit or s??jfer no u,asfe, impairment or deterioration of said land or the improvements
IItPr+PCn al any time; to lrPPp fl?e I,uildir?gs note or hereof
tP? on said land fully insured in a sum of not less
than N/p
in a company ar .-ampaniPS acrPt~fablP to 1hP mortgagee, the policy or policies to 6e 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 hat~p the right to receive and apply the same to the 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. incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agreeme?tts, stipulations: conditions and covenants of said note and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
rnvena??ts set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of sold note and this
morlgape, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right herPt??tder, and all such payments shall bear interest from date thereo/ at the highest law-
f ul rate `then allot?•ed by the laws of the State of Florida.
any sum of money herein referred to be not promptly paid within 30 days next after
the same becomPS dire, or if each And every the agreemP?ifs, stipulations, conditions and covenants o/ said
note a?td this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid (hereon, shall forthwith or
thereafter, at the option of the mortgagee, become and bP due and payable, anything in saicl note or herein
to the contrary nottvifhsfanding. Failure by the morfgageP to exercise any of the rights or options herein
proridPd shall not constifutP a waiver of any rights ar options under said note or this mortgage accrued or
IhetenffPr accruing.
~n ~itneSS ~hereo~, the said mortgagor has a unto signed and sealed these presents fhP
day and year lirsf shore rrriffPn.
Signed Paled and dPli?~Pred 'n the presr•ncP of
l~ ~ t
LEONARD SIMONS, TRUSTEE
E
STATE OF FLORIDA,
~ cc~~.tiTY ()F BROWARD
l 1 HEREBY CERTIFY that on this day, before me, an
officer dul~• authorized in the Stale aforesaid and in the County aforesaid to take acknowltdgmcnts, personally appeared
LEONARD SIMONS, TRUSTEE
to me known to be the prrson descritxd in and who executed the foregoing instrument and he acknowledged
heforc me that he executed the same.
~~'I"l \ESS my hand and d(icia! seal in the County and State last aforesaid this ~ day of
A. D. 19 79.
i
F - _
r ~ ~ • r . NOTARY PUBLI
~ti~""~• ' ~~+g ~~j ~ ~ f ' i~ ~ MY COMMISSION EXPIRES:
F f Fli.l:~ s:Sd: 1;;:~..: J
• ~ ~ c r N i Y. i ' t..
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E ROGERPt^l~R:.ri
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h,, 1QT/1~ 1UILK STATE Of t;QR1pA AT t.A~
- ~ ~WIliiQ1 alb 111 2g IM>t
ttOf+OtO lttRiU GENER/1l rraS :NrOft+?Rlf~
' I7iis Ilrslnllnllll prrpnrrJ liy: LINDA SANDERSON
.1i/r/~i:cs CHELSEA TITLE lr GUARANTY C0~'IPANY
8000 S. U.S. 1, Port St. Lucie, F1. 33452 g0~K318 1092 A
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