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and ahaU perform. comply with and abide 6y each and every the agreements. stipulationi, conditions and
covenants thereaj, and oI this mortgage, then this mortgage and the estate herby created, shall cease, de-
termine and be null and void. '
fhe nwrtgagw hereby further eouenanfs and agrees to pay promptly when due the principal and
interest and other sums o/ money provided jar to said note and this mortgage. or etth.rr to pry all and
sirtgulor the taxes. assessments, levies. liabilities. obligations. and enctunbr+ances of every nafttre on said pro-
perty; to permit. eorrtmit or suffer no waste. tntpalnttertt or deterioration of said land or the improvements -
therecn at any time: to Ieeep the buildings now or hereafter on said land /ally insured in a sum of not less
than N ~ A
in a company or companies acceptable to fhe mortgagee. the policy or policies to be held by. and payable
to, sold mortgagee, and in the event any aur~rt of money becomes payable 6y virtue of such insurance the
mortgagee shall haw the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor Jor any surplus: to pry all cosh. charges. and expenses. including lawyer's fees and title
searrltes, reasonably incurred a paid 6y the mortgagee because of fhe Jailors of the mortgagor to promptly
- and Jolly comply with the agreements. stipulations, conditions and covenants of said note and this mortgage.
a either: to perform. rnmply with and abide 6y each and every the agreementa. stipulations, conditions and
covenants set forth in said note and This mortgage or either. In the event fhe mortgagor Jails to pay when
dw any tax, assessment. instuwnee premium or other slim of money payable 6y virtue of said note and thu
mortgage. or either. the mortgagee may pay the sane. without waiving or affecting fhe option to /orecbse
or any other right hereunder, and nU ouch payments shall bear interest from date thereof at the highest lnw-
JuI ante then allowed by the laws of the State of Florida
7l any stain of money herein re(etsed !o be not promptly paid within t h 1 Tt y days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and couenanU of said
note and this mortgage, or either, are not fully perfot~?ted, 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
thereafte?, nt the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by fhe mortgagee to exercise any of fhe rights or optioru herein
provided shall not constilttte a waiver of any rights or options under said note or this mortgage accnred or
thereafter accruing.
i~M
~n ~Ju1eSS ~~of, the said mortgagor Etas hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed and delivered in the presence of
Q
~A G• 6-'--~-~-.DEVELOP--~R . I3ATIQhi-----•®
-
E
STATE OF FLORIDA. ~ -
000NTY OF r,(,tc~GCa,.c.. -
1 HEREBY CERTIFY that on .this day. tx(ore me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgtnents, perwnaUy appeared
to iris known to be the person described in and who executed the foregoing instrument andys acktwwkdaed
before me that Ti-( executed the same.
WITNESS my hand and official seal in the County and Stair last aforesaid this day of
dy~yt,~.CJt A. D. 19 7 9 -
assNr; ~ . utrr. .
nor. ~
~ JAM 1 I AM ~ 55
- NOTARY PUBLIC
+ * J T! r, . ! ~ f ~E~A ' R~CO~ Rot+r1? iu6Gc. State of Florida at Iugfr
- :
R061P~j
Rn~ My Comtwssiott EYpres AA•r 25, 1981
; , G ;
4 • CLERK GIR~CIMT T _ t~ s, ~..,K.. rw. s c....sn c«w.rat
` RECfiRtl 1fERIF1E0
.:.~~t`,
- 4`7268 -
n~ vr.i>N.e e„ .
flru Irturr~ni~nl prt.?prnrif h y: _gAggAgA A D O L A N
s AJr/>rxs HOME THEE INSURANCE CORP07AilON e~ P~i~
707 WaltAam Avenue
Pins CasUt, fbnda j?809