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and shall perform, comply u'ille and nbirle by each and every the QgrPPlrtenfs, stipuintton's, conditions and
covenants thereof, and al Ibis morf{tarte,,IhPn this mortgage and the estate hereby created, shin[ cause, da-
fermine mul l,e null and roil.
~n~ Ilre mortgagor hereby further covenants and agrees !o pay pmmpfly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the loxes, assessments, levies, liabilities, obligations, and encuntbronces of every nature on said pro-
perly; fo permit, commit or suffer no u'asfe, impairment! or rleleriorafion of said land or the improvements
i Ihemcn nl any lime; to t;eep the buildings note or herna(ter on said land fully insured i?t a sum of not less
than the highest insurable value
in a conq,any or companies acrepfuble to Ilte mortgagee, the policy or policies fo be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the rictltl fo receive and apply the same Io the indebtedness hereby secured, accounting
to the mortgagor far any surplus; fo pay all costs, rharpes, and expenses, including lawyer's fees and title !
searches, reasonably incurred or paid by the mortgagee because of the failure of Ihe-morlgagor to promptly
and fully comply u'illt the agreements, stipulations, conditions and covenants of said note and Ibis mortgage,
or eiflrer: to perform, comply u'ifh and abide by each and every the agreements, stipulations, co?tdifions and
covenants set forth in said note ~~td this mortgage or either. In the event the mortgagor fails fo pay u?hen -
due a?ty tar, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgogee may pay the same, without waiving or affecting the option fo foreclose
or any other right hereunder, and all such payments shall bear interest fmm date thereof at the highest tau?-
i (trl ry?te then allowed by the laws of the SIaIP of Florida. .
- ~l arry sum o f monrv herein ref
erred la be not promptly paid within thirty days next after
the snmt: becomes due, or iJ each and every the agreements, stipulations. conditions and covenants of said
note and this morlga~p•, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentionerl in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereof ter, of the option of the mortgagee, become and 6e due and payable, anything in said note or herein
~ to the contrary nahrillnstanding. failure by the mortgagee to exercise any of the rights or options herein
providr•tl shall naf r•onstilule n u•air'er nl any rights or options ruttier said note or this mortgage accrued or
fhereallor accnning.
~n witness whereof, the said mortgagor has Inereunto signed and sealed these presents the
day anal year first above u•ritfen_
j Signed. sealed and rlelirered in the presence o(:
~ - William D. j a l~.on
- G~"''
_ ~~kt..-~4..y-- -.-Ot'~s~ -~'-h----- - - -
~ Frances Carlton
i
j i - - _ _ 1 _ ~ - - - - - -
f ~
~ STATE (1F FLIIRIDA,
€ ~ ~ •
Ctll"\'I'1' t1F ~'RXXgQIQg[X
f BROWARD I IfEREBY CERTIFY that on this day, before me, an
' offifrr duly authorirrd to the Stair a(orcsaid and in the County aforesaid to take acknowledgments, personally appeared -
~ {VILLIADi D. CARLTON and FRANCES CARLTON
to nn• knr~wn to tx• th~• tx•rwn g described in and who raefutrd the foregoing instrument and they acknowledged
i Ix•fur~~ nu• that they rxrfuted the same.
\~'1~ \F.SS my hand and official seal. iq thr Cr:unt}- .+nd Sta4• last aforesaid this 2 1St day oI
j March n. t9 80
Notary Public
;;;,1. bty Commission Expires:
_ ~s E~fr'!,
~ 19~ MAP? 24 c'. 03 ~~n•,., n,,~i;c, State of ffe-i~a at Large
~ triy Gc~~z~,:~°.:;;r. tx~~~f~c. Dec. 25. 1983
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