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and shall perjornt. comply with and abide by each and every the agreements, stipulaftoNt. c+onditiau and
covenants thereof, and o) this rnorfgape, then this mortgage and the estate hereby created, shall eeose, de-
termine and 6t null rend void.
fire mortgagor Newby further covenants and agrees eo pay promptly when des the principal and
interest and other :ums of money provided jor to said note and this mortgage. or either: to pay all and
singular the taxes, assessments. levies, liabilities. oblignttons, and encumbrances of every nature on said pro-
perty; to permit. commit or suffer no waste, impairment or detertor+atlon of :std la??d or the improvemenb
thereon nt any time: to keep the 6utldtnga now a hereafter on said land fully insured in a stun of not leu
than N ~ A _
in n company or rnmpantes acceptable to the mortgagee. the polity or policies to 6e held by, and payable
to, said mortgagee, and In the event any stun of money becomes payable 6y virtue of such insurance fife
mortgagee shall have the-right to receive and apply the same !o the indebtedness heroby secured. neeounting
to the mortgagor jor any surplus: to pay nU costs. charges, and expenses. including lawyer's fees and titb
searches. ?easonably Incurred or paid by the mortgagee because of the jatltue of the mortgagor to promptly
and fully comply with the agreements, stipulations. conditions and covenants of said note and fhb mortgage.
or either; fo perform, comply with and abide by each and every the agreemenb. stipulations. conditions end
covenants set forth in said note and fhb mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, lnatunnce premium or other stun of money payable 6y virtue of said note and fhb
mortgage. or either. the mortgagee may pay the same, without waiving or of
jetting the option to foreclose
a any other right hereunder, and all such payments shall bear Interest from date thereof of the highest law-
jul rate then allowed 6y the laws of the State of Florida.
any sum of money herein referred to be not promptly paid wiihin thli days saaxt .'tji.:
the snore bernmes disc, or ij each and every the agreements, stipulations. conditions rend covenants of said
note and this mortgage; or either, are not fully perjonned, compiled with and abided 6y, then the entire
sum mentioned in said note, rend fhb mortgage, or the entire bnianee unpaid thereon, shall f
orthta>ith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee fo exercbe any of the rights or opttpns herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereojter accruing. '
]Q ~~eof r the said mortgagor has hereunto signed and sealed these presents the
day and year first above written. '
Signed, sealed and delivered in the presence oj:
G. G. C. DEVELOPI!~NT..CORPORAT~ON_._........®
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1
STATE OF FLORIDA Q ~
COUNTY OF tl~~ j~
I HEREBY CERTIFY that on this day. before me. as
officer duly authorittd in the State aforesaid and in the County aforesaid to take acknowkdsments, personally appeared
Yl~c~u Q. ~i~, d~ ~ ~ C; GC' ~e-tjod~a~~.
to me known to be the prrson described in and who executed the foregoing instrument and ~ ackttowkdsed
before me that ~ c:ecuted the same.
WITNESS my hand and official seal in the County and State last aforesaid this !9 ~ day of
` A. D: 19 7 9 .
tNt t• tir.~(r
U'.' f;;.,, ~ ~pN ~ ~ ~ ~ SS NOTARY PUBLIC
t - -
„ ~ ~ ~p 1~~tg~3 RECjjtYf~. No Pa~!ic. Florida at (uqg
- ~ J ~ ~ G.;~ ' Eft P~OITRA M Co.n:..csaoe YpQes May 2S, 1981 -
t~ ' ; • ' ' c GRgOTi~da"".~_- to.«a a, w~.......... a c,•.a,
- ••'•~1' ~,4 ti0'iIERiFtt:O `ter l
•
4'71
lima isstr.etent was pspsne et?
1/lu Ilif/JlN!/fl/l p7f~1p71"rf ~1~?: RARRARA A. DOLAN
t HOME TITIE INSURAfiCE COdPOAAT10N
Arldrrxs t~,,a,~ ?lIGE~~
707 Waltham Avenue g~ !J'(
Pins Castla, Fonda 32809 ~iV