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and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants thereof, and of thts mortgage, then lhfs mortgage and the estate hereby erected, shall cease, de-
termine and be null and void. '
the mortgagor hereby further covenants and agrees to pay promptly when dw 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 true:, assessments, l.uiei, liabilities. obligations, and encumbraness of every nature on said pro-
perty; to permit, commit or suf
jer no waste, impairment or defe?tor~nfion of said land or the improvements
thereon at any time; to peep the buildings now or hereof
ter on said land jolly insured in a stun of not less '
than its full insurable value,
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any stun of money becomes -payable 6y virtue o/ such instuance the
mortgagee shall have the right to receive and apply the~anme to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: fo pay all costa, charges, and expenses. including lawyeis fees and titb
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
cvvenants set f
crib 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 by virtue of said note and this
mortgage, or either, fire mortgagee may pay the snore, without waiving or of
jetting the option to jor+eclose ~
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or any other ?ight hereunder, and all such payments shall bear interest from date thereof at the highest law-
(ul rate then allowed by the laws of the Stnfe of Florida. i
~l any sum of money herein referred to be not promptly paid within Ylllrty (30) days next after
the same becomes due, or if 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 6y the mortgagee to exercise any of the rights w options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or ~
thereafter accruing. i
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~n ~~uIQSS ~he~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed. algid ar del' red in the presence of : ,
_
VITA ~GRA~
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~ STATE OF FLORIDA,
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GOL QTY OF SPIl`1 t LZK~
~I I HEREBY CERTIFY that on this day, betorc me, an
oiticer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
O. P . AGRAWAL and VEE~1A AGRAV~L, his wife , ~
to me known to be the person S described in and who executed the foregoing instrument and t~'Ley acknowledged
betom me that {}ley executed the same. C~~
~YITNESS my hand and official seal in the County and State last aforesaid this day of
ril A. D. l980.
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~I I~IY~ a, •S~Y~~~L1eSta.SE
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3~. ~.a3 1980 ~
~ ',~irepared by: s~iiEi?°ci "c " cu~t~Fe
z~7?- : ~r-! R~RtY.ft.A.
Esquire ~tE>eK C?~r ~l1RT
• ~ Aayskar, Reeett~ VfRrfr~p`~~
~ rt, P. A.
ff
I~ Post b 3779 4~~Q~ ~
Fort Pi oe, Fl,orida 33450
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I~ a~329 p~~~92 I