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and shall perform, comply with and abide by each and every the agreements, stipulations, eondltiorts and
covenants thereof, and o/ this mortgage, then this mortgage and the estate hereby created, ~hnll cease, de-
termine and be null and void.
the mortgagor hereby fwther covenants and agrees to pay promptly when dw the principal and `
interest and other sums of money provided for in said note and this mortgage, or either: to pay all and
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
. perly; to permit, commit or suffer no waste, impairment or deterioration of said Land or the improvements
thereon of any time; to keep the buildings now or hereafter on said land fully insured in a sum of not less
than its full insurable value.
in a company or companies acceptable fo the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of ouch insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: fo pay all cost:, charges, and expenses, including lowyera fees and title
searches, reasonably incurred or paid by the mortgagee because of the 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, comply with and abide by each and every the agreements, attpulations, conditions and
covenants set forth in said note 'and this mortgage or either. /n the event the mortgagor fait to pay when i.
due 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 waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
~uI rate then allowed by the laws of the State of Florida.
~L any sum of money herein referred to be not promptly paid within ~~ty (3Q)days next of ter
the same becomes due, or ij each and every the agreements, stipulations, conditions and rnvenants 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 be due and payable, anything in said note or herein
fo the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
pmuided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year f
i oue w tten.
Sig d, sealed n e ' ~ered in t presen of : ~
j fIlEO AMO ~!t t.~,~
II >1T:lUCtE „.:,;4'• FIA.
I iI RECf)p.~ j' - i .
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STATE OF FLORIDA, 4~~
cOti`TY OF SAIN`P LtJClE ~ Va7
I HEREBY CERTIFY that on this day, beton tae, an
o((icer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments. personally appeared
JOE H. JII,TCN and LOUISE G. JILZ~ON, hi.s wife,
to me known to tx the persor6 described in and who executed the torcgoing instrument and t}'ley acknowledged
€ i~ before me that ~1ey rxecuted the same.
~ WITNESS my hand and official seal in the County and Statr last aforesaid this 7t:Yl day of
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3 ~ ~ pier :1. D. 19 79
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~ NC7t:ar17 PlIb11C •
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!do;ary Pudic, Shte of Florida at large
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ZYIis instrullent prepared by: ?4Sy Commission ExFues 1?pril 24, 1983
Robert J. GOrtlidYl, F.SC3lllre t~o.aa iy Mrnua Fr. a c.s:u, Coora~r
I~
5 ;I BRFTVNI~IJ, McAL~, HAYSKAR & MCALILEY ~
Rest Office Box 3779 - ;
i
):brt Pierce, Florida 33450
E i~ = - .
~ ` (305) 461-2310
~ ; Please Return original Mortgage to
BRENNAN, MCALILEY, HAYSKAR & MCALILEY
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