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and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and
col~ellQIlls Thereof, aced of Ibis morlpape, Then this mortgage and the estate hereby created, shall cease, de-
tPMrirte arld he ?Illll a?Id vO1rl.
)rind the nwrfgalfor hereby (urlher covenants and agrees to pay promptly when due the principal and
iuternsl and other sums of money provided for in said note and this mortgnge, or either; to pay all and
singular Ilte ta.tsPS, assessmertfs, IPUIPS, liabilities, obligations, and encumbronce~ of every nature on said pro-
perly: fo permit. commit or-suffer no u~aslP, impairment or deteriorotton of said land or the improvements
then•c•n of mty lime; to keep 'the buildings now or hernaJter on said land fully insturd in a sum of not Less
than FULL INSU~ijl'1~BLE VALi~
in n company or companies acceptable 1o the mortgagee. the policy or policies to be held 6y, and payable
fo, said ntortflnefee, aced in the event arty sum of mo?tey becomes payable 6y virtue of such tnsurnnce the
mortgagee shall Itar•e the right to receive and apply the same to the indebtedness hereby :scared, accounting
to the morfga~or for any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title
seon-hes, rPasortably incurred or paid by the mortgagee becatue of the failure of the mortgagor to promptly
and folly comply u/ith the agreements, stipulations, conditions and covenants of said note and this mortgnge,
or either; (o perform, comply with and abide by each and every the agreements, stipulations, rnndttio?u and
cor•enanfs set forth in said Hole and this mortgage o? either. In the event the mortgagor fails to pay when
due arty fax, assessmerrf, irtsrrra?tce premium or other sum of money payable 6y virtue of said note and this
mortgage, or eillter, the mortgagee may pay the same. without waiving or of
feeling the option to foreclose
or any other rif{Irf ~herPCCrtder, and all such payments Shall bear interest from date Thereof at the highest lau,-
ful mfe Then allou•cd by the laws of fhP State of F=lorida.
~l Huy sum of mont•v herein referred fo be not promptly paid within '~1~IC31(~~ days next after
dtP same bel'OOteS due, or if each and Peery the agreements, stipulations. conditions and covenants of said
Hots med this morfga~{P. or Pifher. are not fully performed, complied with and abided 6y, then the entire
sum mP?ttionPd in said rtofP. and this mortgage. or the entire balance unpaid thereon, shall jorfhwifh or
thereafter, a! fhP option of 1hP mortgagee, become and be due and payable, anything in said note or herein
to IhP cortlrory noftvifhsfartding. Failure by fhP mortgagee to exercise any of the rights or options herein
providt•el shall rtof constitute a waiver of any rights or options under said Hole or Ibis mortgage accrued or
Iben•a(Irr arcruiml.
In ~l~leSS ~htl'e0f, Ilre• said mortgagor has hPrntrnt0 Pd aced sealed these presents the
day and w•ur first al,orP u•riflPn.
ZES , A P
tiignPd. sealed and clPliverrd in the presc•ncP of
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i
t STATE OF FLl~R1D.~, C
Col'\T1' (~F MARTIN ~
1 HEREBI' CERTIFI' that on this day, before me, an
o(fi:er duic authori+ed in the State aforesaid and in the County aforesaid to take acknowledgments, personalh appeared
ARIFIt]R S . POL~tS , partner of 0(HDPCJ~R AS.SOCIA'tES , A Partnt~ship `
to m.• known tr be [hr p•rwn described in and who e~ecutcd the forcgoirq instrument and he ackrwwlcdRed I
}.efon me that h@ eaccuted the same. ~
Il XF.SS rnv hand and o#fi.-ial sea! ir. th~• Cuunt~ and Statr last aforesaid this / dar- of i
March, n. I9 80. _
f {
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_ _ . i
Notary Public _ _ ~
~ MV C.CITIIILSSIC)il 1~3?''e3: NoTART P(i6I1C STATE CK FC'JRiDA AT t~
ti i A 114 CC.Y.MiSj•,^,'~ EIi12~S I~~tT . 1a 19tl1
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