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and shall perform, comply with and abide by each and every the agreements, atfpulatton's, conditions and
covenants I?tPrrwj, artd of this mortgage, lhen this mortgage and the estate hereby created, shall cease, de.
termine and be null and twirl.
l~T~~ the mortgagor hereby jurlher covenants and agrees fo pay promptly when due the principal and
inlPres! and other sums o/ money provided for in said note and lhts mortgage, or either; to pay all cu..-1
singular the fares, assessme»Is, levies, liabilities, o6ligal(ons, and encumbroncea of every nature on said pro-
perty: fo permit, rnmmif or strjjer no waste. impairment or deferiornfton of said land or the tmprouemenfs
IhPrecn of any limp; to ?rPep the buildings now or herPajfir on said land fully insured in a sum of not less
than n i 1
in a company or compnrties acceptable to the mortgagee, the policy or poltcies to 6e held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y t?irttre of stub instuartce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secttred, accounting
to the +rtorfgagor for any surplus: fo pay all costs, charges, and expenses, including lawpers /tws and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly
and Jully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: fo perform, comply tuit?t and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails 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, I?te mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear (nteresf from date thereof at the highest law-
ful rate Ihen allotuerl by f/te laws of the State of Florida.
any sum of money herein re/erred fo be not promptly paid within 30 days -next after
the same becomes due, or ij earh and every the agreements, stipulations. conditions and covenants of said
note and ibis morigaryP, or either, are not /ully performed, rnmplied with and abided 6y, then the entire
sum mentioned in said Hole, a?td Ibis mortgage, or the entire balance unpaid thereon, shall jorihwilh or
thereafter, at the option of the mortgagee. become and 6e due and payable, anything in said Hole or herein
to IhP contrary noltr>tf?tslanding. failure by the mortgagee to exercise any of the rights or options herein
provided shall rtoi consliitrtP a u>aiver of any rights or options under said note or this mortgage accrued or
thereafter accruing. -
~Il ~ltfttSS ~hM'eof, I?tP said mortgagor has ?1PrPllnlO signed and sealed these presents the
day and year first above a+riltPn.
~ S(gned, it ar deliver oj: \
John E. rtorris `
- - - - - --ice
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{ ~ STATE OF FLORIDA,
j Col'\TY OF PALM BEACH -
` I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the Statr aforesaid and in the County aforesaid to take acknowledgments, personally appeared
JOHN E. MORRIS
to me known to he the• prrson described in and who executed the (ore¢oinq instrument and Wh0 acknowledged
Im(om me that C h ° yrxecuted the same. ~ _
~~'I7 HESS my hand and official seal in th~• County and Stat~• last aforesaid this ~ ~~,.i~"!'j' "tray of '
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~$Q ~QR -2 ~ iI~ 47 NOTARY PUBLr~° -
~ FiLEOa<YOF•cututa ~n
StLt1CIE COiIaTY.FtA. - >
i R06ER!'OItRAS !iy commission expiretlt"'
tt,ERK t;IRCWT Cx~~ ,
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MV COVM~iSIU•`+ EtiDIrrS ..t: S. 931.. .
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