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and shall perform, comply with and abide 6y each and every the agreements. stipulations, conditta?a and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby creotsd, shall cease, de- ,
!ermine and be null and void.
the mortgagor Newby further rnvenants and agrees to pay promptly whin dw the prtntipal and j
interest and other sums of money provided for in said note and this mortgage, or either: to poy all and
singular the taxes, assessments, levies, liabilities, obligatioru, and encumbrances of every nature on said pro-
perty; to permit, commit or suffer no waste. impairment or deterioration of :aid land or the improvement
thereon at any time: to Iteep the buildings now or hereafter on said land jolly insured in a sum of not less
than its full insurable value -
in acompany or companies acceptable to the mortgagee, the ~h~ ar polities to 6e held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtw o/ such insurance the 1
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting ~
to flee mortgogor for any surplus: to pay all costa, charges. and expenses, Including lawyer's fees and !Ills
i
searches, reasonably incurred or paid by the mortgagee becawe of the jailnr+e of flee mortgagor to promptly
and fully comply with the agreements, atipulnttona, conditions and rnvsnantt of said note and this mortgage,
or either: to perform, comply with and abide by each and every the agreement, stipulations. conditions and
I covenants set forth in said note and this mortgage or either. In flee event the mortgagor jails to pay when
dos any tax, assessment, insurance premium or other sum of money payable by virtue of said Hole and this
mortgage, or either. the mortgagee may pay the snore, without waiving or affecting the option to foreclose
or any other righ[ hereunder, and all such payments shall bear interest from date thereof at the highest bw-
juI rate then allowed by the laws of the State of Florida.
~l any sum aj money herein referred to be not promptly paid within th].1ty (30klays next after
the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said
I note and this mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire
sum msntfoned in said note, and Chia mortgage, or the entire 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 the contrary notwithstanding. Failtue 6y the mortgages to exen~ise~ any of the right or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing. `
~n ~~Ctt4f, the said mortga or has heenu to signed" and sealed these presents the
day and year first above u=ritten.
I -
Signed, sealed and deliver/ed~in the presence of : ~ t~~
---~-~--~-t----------- - - - ~
sZ:
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}I STATE OF FLORIDA,. ~ _
f+I COC'~TY OF ~~~k~ I HEREBY CERT FY that oa this day= before me= as
Ii officer duly authorized in the State aforesaid and in the County aforesaid to ake acknowledgments, personally appeared
LIANFOR3H K. RIQ~ARt~(N, MAR.70RZE H. RIQ~ARL~6CN, (~RC£ KAHIE, SANDRA R. RAHLE,
Ii JOLT M. IITIiiER, NANCY R. I~Tt~IER, SUSAN BASI~FT,. RII~ PEI~Z a~ld WIISSAM HARRIS ~
to me known to be the persons described in and who executed the foregoing instrument and acknowledged i
before me that try executed the same.
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ij WITNESS my hand and official seal in the County and State last aforesaid this day of
.
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~?a 481'751
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