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~rauidPd ul1UM1J~, that if said .Mortga;or shall pay tcnto the suid atortgagee
the certain promissory note, of uJttcit the j'ollurring ita wards and figures is « true copy,
to wit:
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and shall l.erjotm, comply with and al,ide by e~celt. and emery the stipulations,
agreements, conditions and covenants of said promissory note and of this deed, then
this deed and the estate hereby created shall cease azad be nrcll and void.
end the said ~~Iortgagor hereby covenants and agrees:
.1. To pay all anci singular the principal and interest and ether sums uj money
payable brl t•irtue of saic! promissnrJ n~~te and this deed, or either, prnt?tptly ~~n tlt.e
clays respeetit~ely the same severally Conte clue.
To pay all and singular the taxes, assessments, let•ies, liabilities, „hli6ations
and encumbrances of every nature on said deserilied property ea ••h and et+ery, and
if the same be not promptly paid the said .1~tortgagee may at any time pa.y the same
without waiving or a~'ecting the option to foreclose or any right hereunder, and ez+ery
paymetat so made shalt bear interest from the date thereof at the~rate of Interest
hi est
psvxaetiLxper annum allowable under Florida law without being usurious.
J. ?'o pay all and singular the costs, claarg~~s and expenses, ineltuling latcyer's
~ fees, reasonably incurred or paid at any time by said ,Mortgagee because of the failtcre
on the part of the suid .Mortgagor to perform, comply with. and abide by each and
every the stipulations, agreements, conditions and covenants of said promzssorrJ note
and this deed, or either, and every such payment shall bear interest from date t< tl e ;
rate of interest XI~~~RtA~ per annum ~ilq~ies#
allowable under Florida law without
being usurious.
7o keep the buildi~n6 nc,u~ nr hereafter nn said land insured in a sum not
lees t.lcan the fully insurable value ~
btu6~tata9C in u enm.pc~n.y nr enntpitnies to
~ be approved by said „liortgagee, -and tlae policy or policies held by and payable to said
~ .illortgagee, and in the event any src»t of nzonPy becomes payable under steep policy or
policies, the ~~iortgagee shacll have the option to receive and apply the same on account
of the indebtedness herebtj sectored or to permit the .Mortgagor to receive and use it, or
any part tltereoj; for other purposes, wi`,horct thereby u•aivr:ng or impairing any equity
lien or right under or by virtue of this mortgage, and naay place and pay for such
insrcran.ee or any part thereof, without' u~aining or affecting the option to foreclose or
any right hereunder, and each and every such payment shall bear interest from date
at the~hute of interests per annum. allowable under Florida law
highest ' -
without being usurious. ~ ,
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