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and shall perform, t•omply u+itlt,a?,}d„abide 6y each a?td et+ery the agreemertls, sftpulattor?s. conditions and
cave?tunts lhPrtoj, nttd of this mortgage, then this mortgage and the estate heroby created, shall cease, de-
te?mine and l.e null and void.
~nd dtP mortgagor hereby f urlher covenants and agrees fo pay promptly when due the principal and
interest and oflter Bunts of nto?tey provided for in said note and this mortgage, or either: to pay all and
si?tgt?lar the faxes. assessnte»Is, levies, liabilities, obliftattons, and encum6ronces of every nature on satd pro-
perly; fo permit, c-ommif or suffer no waste, impairment or deterioration of said land or the improvements
IhPrt•t•n at any limp: l0 1tPep the buildings now or hereafter on said land /ally insured In a sum of not less
than
in a comtsttny or compartit•s atrepfable to the mortgagee, the pol(cy or poltciPS to be held by, and payable
to, said mortgagee, artd in the event any sum of money becomes payable by virtue of auch insurance the
mortgagee shall hae•P file right to receive and apply the same to the indebtedness hereby secured, nccounfing
I to the mortgagor for any surplus; to Iwy all rnsts, charges, and expenses, including lawyer's fees and title
starnc~s, rrasanablp irtcurrad ar prt.d !Sp the mt:rtgagt.=e because of tha failure of the mortga:7ar to promptly
and (ally comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perform, comply u~itlt artd abide by each and every the agreements, stipulations, conditions and
cove?ta?tts set forth in said note and this mortgage or either. In the event the mortgagor (ails to pay when
due any tar, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or eif{ter, the mortgagee may pay the same, without wniuing or affecting the option to foreclose
or any other right hernunder, and all such payments shall bear interest lrom date thereof at the highest law-
ful rate then allowed by fhP laths of the Slate of l'lori?la.
~f any sum of money herein referred to be not promptly .paid within 30 days next after
the same becOnles due, or if each and every IhP agreements, stipulations, rnndifions and rnvenanls of said
note a?td 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, of the option of llte mortgagee, become and 6e due and payable, anything in said Hole or herein
to the contrary nolu+illtslartdirtg. l'ailttrP by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a u+aiver of any rights or options under said note or this mortgage accrued or
fherrafler act•ruing.
i
~ttlltSS ~heeeof, llte said mortgngtrr Itas hPrPlrnlO signed and sealed these presents the
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day and year firs) abot•e a+riHen.
Slg/led. settled Qlld d('~l1+PrPd ifl the prPSPrICP Of : , ~iy~ `
Gig ~ ~ ~ .
I Wit1i s ~ . ~ AR TJR McCORMICK
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STATE OF pew York
j cc~L~TY c~F .~~i}~,~.
I HEREBY CERTIFY that on this day, before me, an f
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
a
Arthur McCormick i
I to me known to he the pet~tt described in and who executed the foregoing instrument and acknowkdRed
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before me that ; ~ e7teCUted the same. t
\\'IT\ESS my hand and official seal in the County and State last aforesaid this /r'r"~ day of
.t .i ~ ! A. D. 19 F C i
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My Commission expires: ;
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%is hts/rriuu'rr~ prfpnrrd hy: 1~ ~ ~ l.f,(~
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