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and shall perform, comply with and abide 6y each and every the agreements, atipulationi. conditions and
covenants thereof, and of Ihis mortgage, then this mortgage and the estate hereby created, shall cease, d~-
termine and 6e null and void.
tf,P mortgagor hereby f uriher cuvenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either: to pny all and
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every halters on said pro-
perty: to permit, rnmmil or suffer no waste. impairment or deterioration of :aid land or the Improvements
lherron at arty time; to keep the buildings now or hereafter on said land fully insured in a sum o/ not lea
than PtJtd, jI1Si~F~,E VALt~
in a company or companies acceptable fo the mortgagee, flee policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall leave the Nght IO receive and apply the same to the indebtedness hereby sectored, accounting
to the mortgagor for any storpltes: to pay all costs, 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, rnnditions and rnvenants of said note and this mortgage.
or either; to perform, comply with and abide by each and every the agreements, stipulations, eondiftons and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails 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 affecting the option to for+eclase
or any other right hereunder, and all such payments shall bear interest lrom date thereof at Jhe highs:t law-
ful rate then allowed by the laws of the State of Florida.
~L any stem o/ money herein re/erred to be not promptly paid within ~Y~(~~ days next after
the same becomes due, or if each and every the agreements, stipulations, rnnditions and c~ovenanta of said
notes and this mortgage, or either, are not /ally performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or flee enttr+a balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to flee contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not rnnstitute a u?aiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~t~~s ~~ls the said morigagor has herPUrtto siyeeed and sealed these presents the
day and year first above written.
OCIATES, P hip
Signed. se led and debt+ered in the presence of
,
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STATE OF FLORIDA,
COUNTY OF M~1RT'IIV
_ I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in thr County aforesaid to take acknowledgments, personally appeared
AR1~IIIt S. P(~,1F,RS, a Farther of (~I'R ASSOC7.AZF.S, A Partnership
to me tno_wn to be the person described in and who executed the forrgoing instrument and he actsnowtedged
before me that he executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this day of
March A. D. 19 $Q , . '
Notary Public
My CatmtiSSion ~piTes : NtOTARY inlsttC STATE C# FtOt1t»1 ATlARCE
~~R 28 its I) ~ 00 MY COJ~'1! ~55'Q`? F ~PIR;S JULY .18 1981
` rr'i 1 tlC~NaFD :FiRU ::E:~;z,. art;. t;t:~i~YlR11E~S
I FILED ANL~ PECO~Et! ~~`~',?~+~tu~,,,,t~~~.
ST.UXIE CGiIItTY.i``A. •,~'~~.3
ROGER t'biTRAS 9L1,~ ~ s
CLERK CIRCUIT CGtMT . t:'••,
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9999 S. U. S. i i3~ p~E
lorlda, 33452
j Port St. trade, F
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