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and shall perform, rnmply with artd abide 6y each and every the agreements, slipulaftoni, conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease. de- i
termine and be null and void.
the mortgagor Kerr+by f
Luther covenants and ogress to pay promptly when due the principal and
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interest and other sums of money provided for in said note and this mortgage, or either; to pay all and ~
singular the fares. assessntenfs, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty: to permit. commit or serf
ter no waste, impairment or deterioration ~f satd land or the improvements
therecn of arty time: to beep the builclirtgs noun or hereof ter on said land )ally insured in a sum of not less
than the highest insurable value
to 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 such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor (or any surplus: to pay all costs, charges, and expenses, including lawyer's lees and fide
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and f
trlly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or eit{ter: fo perform, comply u~ifh and abide 6y each and every the agreements. stipulations, conditions and ~
covenants set forth in said note and this mortgage or either. In the event tha mortgagor jails to pay when
due any fax, nssessmertt, insurance premium or other sum o) money payable 6y 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 herPtrrtder, and all such payments shall bear interest from date thereof at the htghest law-
f rrl rate then allowed by the laws of the State of Florida.
~L any sum of money herein re(Pm~d to be not promptly paid within 30 days next of ter
the same becomes due, or iJ each and every the agreements, stipuiations, conditions anti ivvenanis uj au~a3
note and this mortgage, or~either, are not fully perfotvrted, 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
thereof ter. of the option of the mortgagee, become and 6e due and payable, anything in said note or herein
fo the confrory noturithstandinq. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a lhalPPr of any rights or options under said note or this mortgage accrued or
Thereafter accntinp.
~It ~ttfltSS whereof, the said mortgagor has hereunto signed and sealed These presents the
day and year first above tnriffen.
Signed, sealed and dPlinere in fhP presence of :
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L. CASTILLE
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STATE OF FLORIDA, I
COU\iTY OF BRt7fn1ARD
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledrtments, personally appeared
L. A. CASTILLE, a single man
to me known to be the person described in and who executed the foregoing instrument and he >,eknowkdged
Fxfore me that he executed the same. f
,,.nt day ~
N'1Ti~3ESS my hand and official seal in the County and Stat~• last aforesaid thu ~ _`v~~' ~
December A. D. l9 79. 1~
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19$0 JnN 1 ~ ~ 4 7 . ' s
ttOiAkY f J:,tIC T! TE OF¢ \`''Ot-
FIlEO RNC Fi:CUttiRt) tp `
ST.l.UC1E CGUNTY.FIA. tLk• ~'•`ii%~F,:~.~4'.:::41r.`~'
ROGER POITRAS ~~j ~
CLERK CIRCUIT COUR \ b
RfCDADYERiFIi:7~_~- g
4'~2~45
This Instrument was prepared by:
JEFFREY R. !~1itvER ~
77iis hulnrurrnt r~~iJ& ^ ;?NE:Z, P.A. i
/~di~Rxf Penthouse I lraer::act ;,avir,25 Bldg. e~K~2~ Ph(~~622
2500 East Rattan 1.^.t^ Beach Boulevard r
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P. O. Box 700
Nallanriala_ Florida 33(X)9