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and shall perform, comply with and abide by each and et?ery the ogniments, etipubtioni, conditions and
c~otwnante thereof. and of this mortgage, then thte mortgage and the estate hereby created, shall cease, de-
termine and be nttll and void.
~ttd the mortgagor Newby further oovenante and agrtes to pay promptly when due the principal rend
tntsreet and other some of money provided /or in sold note and this mortgage. or Nther; to pay aU and
atngubr the taxes. as:euments, levies, liabilities, oblignttoru, and encumbrances of every nature on said pro-
perty; fo permit. commit ar su/fer no waste. impairment or deterio?ntion of eaid bred or the impt~owments
thereon of any tiros; to keep the buildings now or hereafter on said land fully truured in a stun of not lees
than full insurable value,
to a company or companies acceptable to the mortgagee, the policy or policies to bf held by, rend payable
to, said mortgagee, and in the event any stun of money becomes payable by virtue bf each tn:ctrance the
moHgagee shall have the right to receive and apply the came to the Indebtedness hereby secured, aceaunftng i
to the mortgagor for any surplus; to pay all costs, charges, acid expenses. including bwyer: less and Nib ~
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 rend this mortgage,
or either; to perform, comply with and abide by each and every the agreements. stipulations, conditions and
covenants set forth to said note and Chia mortgage or either. In the evsttt the mortgagor jails today 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 snore, without waiving or ajjecting the option to forecb,e
or any other right hereunder, and alI such payments ehnU bear interest from data thereof at the highest bw-
jul rate then albwed by the laws of the State of Florida.
any sum of money herein referred to be not promptly paid within ?0 days next after -
the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of eaid
mete and this mortgage, or either, are not fully perfonrted, complied wilh and abided by, then the entire
sum mentioned In said note, and thte mortgage. ar the entire balance unpaid thereon. shall forthwith or
ther+eajter, at the option of the mortgagee, become and be due and payable, anything in :aid note or heroin
to the contrary notwtlhsianding. 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 thin mortgage ac~a~tted ar
thereafter accruing.
~n ~ttntSS ~IdheCtof, the said mortgagor has hereunto signed and sealed these presenb the
day and year first above written.
Sign ,sealed and delivered in the presence of : ~
y
. JOHN T. AMPI TO
JUD A.
P IN--------------------•--...------------®
STATE OF FLORIDA,
CovNTY of MARTIN
I HEREBY CERTIFY that oa ibis d:y, bdore me, an
officer duly authorized in the Sute a[oreuid and in the County aforesaid to take acknowkdgtnents, personally appeared
JOHN T. SPAMPINATO AND JUDY SPAMPINATO, his wife,
to me known to be the persovr descn'bed in and who a:ecuted the foregoing instrument and they acktawledSed
before me that they ezecuted the same. _
WITNESS my hand and official seal in the County and State last aforesaid this p~(p day of
April A. D. 19 8U. -
~J,
Notary Public
~J~Q ~i t1 28 ~ i ~ ~ 8
STEPNEN S, CALVERT
FILL:: ,th: Mi ;:,,i
S'j.LI:CIE Ccu~>'Y.f t i:. ~ -~-r:. No?ary Ptibtic--State of Florida at Large
ItOG.A POITR.~:i r,,~..~~~iu.a~t~~~i',
p ~ M• Commission Expires: Oct. 14, 19$1
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