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and shall perform, rnmply with and abide 6y each and every fhs agreements, sttpulnfioni. conditions and
covenants thereof, and of thts mortgage, then this mortgage and fhs estate heroby created, shall cease, de-
termine and 6e null and twirl.
Ii~ the mortgagor pert+by further rnvenanfs and agrees to pay promptly when due the principal and
interest and other sums of money provided for in Bald note and this mortgage, or either: to poy all and
singular the faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: to permit. commit or sttjfer no waste, impairment or deterioration of said la?td or the improvements
thereon of arty time; fo keep the buildings now or hereafter on sold land fully instu+ed in a sum of not less
than
in a company or rnmpanies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the even! any stun of money becomes payable by virtue of such insurance the
mortgagee shall have the right fo receive and apply the saute to the indebttrdneu hereby secured, accounting
to the mortgagor jor any surplus: to pay all rnsts, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said Hole and this mortgage,
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fai4 to pay when
due any tax, assessment. insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or of
jetting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- '
jut mte then allowetl by the laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within thirty days next after
the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants of said
note and 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, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
prot}idt*d shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~t~eSS ~~~f, the said mortgagor has hereunto signed ands these presents the
day and year first above written.
Signed, sealed and delivered in the presence of : AS a Partnership
.•j
J \
Arthur P s
-
i STATE OF FLORIDA,
f
~ COUi11TY OF j~~j
S I HEREBY CERTIFY that on this day, lxiore me, an
~ officer duly authorized in the State aforesaid and in the County aforesaid to uke acknowltrdgmenu, personally appeared
s AIrIH[JR S POI~RS of OOI~POWER ASSOCIATES , a Partnership ,
to me known to be the person described in and who executed the toregoinR instrument and ~ acknowledged
g before me that h2 executed the same.
t
c
N I7 i'VESS my hand and official seal in the County and Sute last aforesaid this Z~.St day of
~ :`'~rCh A. D. 19
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i~
z NOtaYy P11b11C ' ~ •
t:::0 t+r~ ~ ~ PM ~ 46 ,
My ccatnission Expires . ~ ~
NOTARY D;;F.IC STA,E Of it.7RtD/1 Ai I/IRGE J
EiER1< tAtCii1T t+aiAt~ Q - ~ ~ ; ` -
' J MY C01AMt5S:0'~ EaPiRES 1i1LY.18 1981
60N[)ED iHRU GENERaE INS. UllDER1h/RITf1ZL `
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4 ~3t?425
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17~tt I~ulrustcnt' prepairrJ by: Arif Pa~vpi.a ~
Titer Grp. ~_~:~327 l-~E2943
Add~u 9999 s. U. s, i
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