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and shall perform, comply with and abide by each and eu~ry` tjts. agrwmenb, stipulations, rnndtfions and
eownants thereof, and of this mortgage, then this mortgage and the estate hereby aealted, shall cease, de-
terrrttn. and 6e nun nail void.
the rnortgogor hereby juHher eovenatb and agrees to pay promptly when due the principal and
interest and other auras of money provided jar in said note and tht, mortgage, or either; to pay all and
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; to permit, commit or suf
jer no waste, impairment or deterioration of said land or the improvements
thereon at any time; to beep the buildings now or hereafter on said land jolly insured in a sum of not Less
than p/A
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee. nail in the event any sum of money becomes payable by value of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
- to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer i fees and title
searches, .reasonably incurred or paid by the mortgagee becawe of the failure of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. 1n 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, the mortgagee may pay the same. without waiving or ajf
acting the option to /oreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate tken allowed by the laws of the State of Florida.
any sum of money herein ref
erred to be not promptly paid within 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 by, then the entire
sum mentioned in said note, and this mortgage, w 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 rnntrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
I
] r
(CORPORATF_ Dn ~ the mortgagor has caused these presents to
I SF_AL) be executed in ifs name, and ifs corporate seal to be hereunto of
f fixed. 6y it:
I, ` p?oper of
f icers thereunto duly authorized, the day and year first above written.
j
E ~ ATTEST=----------------------------- .-LAUREL..BUILDERSs..INC..---•----•--••-----------------------•-
Sccrctary
Sig ,sealed and delivered in the presence of: f,
Br----- ~
_
19~D APR 23 JU?f tI= 46
Sf
LUCfE
CGtlIiTY
FLA.
~+t.EttK CIRCUIT
OURT
Of F~ o,~2i~ A
~~t" ~l ST. (,/,~,G/E '~ORfl t'rF~= fir. _
~ I HEREBY CERTIFY 16x1 on 16is day. 6r~arr me, an o(jinr duly ow6gised in the Stile arsd County a~ansoid b lolee acRrsosvlede-
mrnb, personally appearrd
writ trnourn to me to 6e t6r Resul~nt and napectiarly ~ Ilse corporation namrd as
morlgago? in 16r Jarrgoing inslrumrnl, and 16of 16ry xverdly ac4nw.dedyrd rxecvling 16e samr, in 16e pnsenor of tu~o su6saibinp uiil+.rstts.-
(nrlr and ualunlordy undrr autlsorily duly vrslyd in 16rm 6y said corporation and 16a1 the seat a((ised 16rnto is t6s true corpwale seal of
sold corporation.
WfT!11FS$ my band and o~~icial seal in the County and S1a1e last a)onsoid 16is / ~ ~ day of
A- D. 19 $0
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- : ~ ~ MY C~4tISSION EXPIRES:
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