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and shall perjorm, comply with and abide by each and every the agreements, sttpulafiotis, conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate her~e6y created, shall cease, de-
termine and 6e null and void. '
~nd the mortgagor hereby jtuther covenants and agrees to pay promptly when due the principal and
interes! and other sums of money provided jor In said note and this mortgage, or either; to pay all and "
singular the faxes. assessments, Levies, liabilities, o6ligafions, and encumbrances of every nature on said pro-
perty: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
Iherecn of any lime: to beep the buildings now or hereafter on said land fully inst?red in a sum of not less
than its highest insurable value
to n company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue bj such tnsuronce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor jor any surplus: to pay all costs, charges, and expenses, Including lawyer's jeer and title
searches, reasonably incurred or paid 6y the mortgagee because of the jailors of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditionu and covenants of said note and this mortgage,
or either; to perjorm, comply with and abide by each and every the agreements, stipulations, conditions and
covenants 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 by virtue of avid note and this
mortgage, or either, • the mortgagee may pny the same, without waiving or affecting the option to foreclose
or any other right hereunder, and alI such payments shall bear interest from date thereof nt the highest bw-
jul rate `then allowed by the laws of the State of Florida.
~l any sum of money herein referred fo 6e not promptly paid within 30 days next njter
the same becomes due, or i) each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall . forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notu~ithsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute.a waiver of any rights or options under said note or this mortgage accrued or
Ihereajter accruing.
~n ~~ul¢SS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year just above u~rilfen.
Signed, sealed and delivered in the presence oj: ~
~_e
r
PHILIP B/ AHN
Q:-----~
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STATE OF FLORIDA, )
1 COL~TY OF St, LUCle i
I HEREBY CERTIFY that on this day, before ttx, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
PHILIP B. AHN and JEAN J. AHN, his wife,
r to m.• .known to }x• the persons described in and who executed the fore¢oing instrument and they acknowledged
ixfore me that they executed the same.
1 ~~•Il~\ESS my hand and ofiicial seal in the County and State last aforesaid this ~0 day of -
1 November, D- 1~ 79. -
_
A ~ Q~
•
Notary Public
State of Florida at Large.
s My Commission Expires: l- ~ .3
, ~ i i
%u htslr,~nrr•td pr~pnrr'J hy: EMORY C. TEEL, III r ESQUIRE ~
;Lldrrss SEE, KOgLEGARO & TEEL, P.IiC~ (~K ]CI /
o n an~r t nnn 8MK r D~f't