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and shall perform, comply with and abide 6t' each and every the agreements, sNpulatioris, conditions and
covenants thereof. and of this mortgage, then this mortgage and the estLte hereby created, shall cease, de-
termine and 6e null and twirl.
• the mortgagor Newby ftuther covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in sold note and this mortgage, or either; to pay all and
singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every naftu+e on said pro-
perly: to permit. rontmit or suffer no-Waste, impairment or deterioration of said la?td or the improvements
thereon of any time: fo leeep the buildings now or hereafter on said land fully insured to a sum of not leu
than highest insurable value
in a company or companies acceptable to the mortgagee, the policy or policies fo be held 6t', and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such ttuttrance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectu+ed, aceoctntfng
to the mortgagor for any sttrphu; to pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonably incurred or paid 6t' the mortgagee becatue of the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
o? either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
cvvenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
dtie any tax, assessment, insurance premium or other sum of money payable 6t' virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without wniving or of
jecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Inw-
)ul rate then allowed by the laws of the State of Florida.
~l any sum of money herei?t referred fo be riot promptly paid within fifteen days next after
the same becomes due, or if each and every the agreements, stipulations; conditions and covenants of said
note and this mortgage, or either, are not fully perjotmed, complied with and abided 6t', then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
lhereajter, at the option of the mortgagee, become and be due and payable, anything fn said note or herein -
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiaer u( sift' rights or options under said note or this mortgage accrued or
Iherea f
ter accreting.
~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents the j
day and year first above tvriften.
SigRed~eah*d a11d dPllt~ef~ In the prp3 a Of
~ i _
r'-
BOBBY RD S, a single man
..-.___/-a------~--- as to an undivided..-'~._.interes_t.-®
- -BRIAN -P.~ ~~OLIS, ~a single man
as to an undivided '~._:interest--®
STATE OF FLORIDA,
couNTY of •DADE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aioreuid to take acknowltdgments, perwnally appeared
BOBBY BORDGES, a single man as to an undivided interest and
BRIAN P. eOLIS, a single man as to an undivided ~ interest
to me known to be the penonS described in and who executed the foregoing imtrurnent and they a
before me that theyexK„t~ the same. ~1tlt+d~;, -
WI'1'NESS my hand and official seal. in the County and State last aforeuid this ~'y
fQ6 r ~ a r t~ A. D. 19 8 U . F ~ />j ^s 8 ~ .
~ 0 ~ ' ~ `
_ _ ~
~ ~ ~ ZS N tart' Public , State . - ~ `
191 - at large p~• .f''~
My commission expires'?
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~BiJMt Y, Ft' A.
3~~u~ ~YRa j ft~Alh y1lK1C s+ATE Oi iLORltal? AT tAK+E
~~i _ ftir GOiMAiUSS10N EJt?I~B OC7. 12 Nf2
{VERIFt£a tIOHnEO t1rJ ~tB11L q~. ~
4'115
Thl~ Instrument 1~Yas Prepares Byi -
Hn4i~?E',' L. ! ASE:Y, ESQ.
Thu Lrs/rrirr~rn prrpnrt°d by: OUStErI, r.;~~~~-. unLl.; L.AS~r,
SV~~I l' ./....i1
ilJilrrv Suite ~ ~ - C QR
2699 South P.ayshore Drive P~~~~l.44