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and shall perform, comply with and abide 6y each and every fhs agnemenb, stipulntbris, eonditbns orsd
covenants thereof, and of thin mortgage, then tha mortgage and the estate hereby c?eated, shall cease. de-
termine and 6e null and void. - .t
Ti1Nl the mortgagor Newby /urther covenants and ag?eea to pay promptly when due the principal and
interest and other sums o/ money provided for in said note and tha mortgage, or either; to pay all artd
atngular the taxes, asseaaments, leutes, liabilities, obligations, and encumbrances of every nature on said pro- -
perty; fo permit, commit or suffer no waste. impairment or deterioration of said bred or the tmprowmenb
fhet+ecn at any lime; to keep the buildings now or hereafter on said land jolly Insured to a sum of not leu
than highest insurable value
to a rnmpany or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, avid mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surpltrs: to prey all costs, charges, and expenses, tncludtng lawyer's fees and title
searches. reasonably incurred or paid 6y the mortgagee because of the failure o/ the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions rend covenants of said note and this mortgagt,
or either; to perform, rnmply with and abide by each and every the ngreemenb, stipulnttoru, conditions and
covennnfa set forth in said note and this mortgage or either. /n the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other stun o/ money payable 6y virtue o/ said note and this
mortgage, or either, the mortgagee may pay the snore, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall 6ear~interest from date thereof at the highest lau;-
jul rate `then allowed by the Laws of the State of Florida.
~l any sum of money herein referred to 6e not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations. conditions rend covenants eJ said
note rend 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 thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the confrory notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options he?elrt
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~uleSS ~h~tof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
' ne g red in the pre ace of
. L.S.
` art---1.~ -~.~u
HAI D . SWARINCENy~' x
- L.S.
. L S.
- - - - - - - - - - L.S.
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i = -
I - - -
~ . - > T ~ = STATE OF FLORIDA,
~ = -=~ZZ COUNTY OF Martin
- - I HEREBY CERTIFY that on this day, before tree, an
- ~ officer dul authorized in the State aforesaid and in the Count aforesaid to Ukc acktwwkd pe y Pee
f _ _ ~ ~ Y y Rtnenu, rsonall a ar~ed
j __f? John D. Swaringen,Jr. a single man
' _ ~a
- - ~ v'. ~ to me known to be the person described in and who executed the foregoing instrument and he acknowledged
1 ~ before me that he executed the same.
f
- WITNESS my hand and official seal in the County and State last aforesaid this 18th day of
_ December A D 19 79
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- - NOTARY PUBLIC : 4
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