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attd shall perform, comply with and abide 6y each and every the agreements. atipulatforis, conditions and
covenants thereof, and of Chia mortgage, then this mortgage and the estate herby created, shall cease, de-
termine and be null and twirl.
711LIt1the 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 aU and
singular the tares, assessmpnls, levies, liabiltlies. obligations. and enctunbrances of every naturo on said pro-
perly; to permit. commit or suffer no waste. impairment or deterioration of said land or the improvements
fhp/PCn at any time; fo ~pPp the buildings note or hereafter on said land fully tnaured in a sum of not less
than highest insurable value
in a company or companies at~rppfable to the mortgagee. the policy or policies to 6e held by. and payable
to, said morfgage@, and in the event any sum of money becomes payable 6y virtw of stub trutuance the
mortgagee shall have the .right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor far any sttrplcts; fo pay all costs, charges, and expenses. including lawyeri fees and title
searrhps, reasonably incurred or paid ~6y the mortgagee because of ilia failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, ,conditions and covenants of said Hole and this mortgage,
or either: to perform, comply with 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 fails to pay when
dw any fax, assessment, insurance. premium or other stem of money payable by vtrfw of said note and this
mortgage, or either, the morfgngpe may pay the same, urithout waiving or affecting the option to foreclose
or any oilier right hereunder, and all such payments shall bear interest from date thereof at the htghest law-
jul rate then allowed by the laws of the State of Florida. -
~L any sum of money herein referred to be not promptly -paid withinthlrty (30) drys next after
flip same becomes due, or if each and every the agreements, stipulations. conditions and covenanb 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, or the entire balance trrtpaid thereon, shall forthwith or
lhereajter. nt the option of the mortgagee. become and 6p due and payable, anything in said note or herein
to flip contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall riot constitute a u~aivpr of any rights or options under said note or this mortgage accrued or
fhpreaffpr accruing. •
~n ~~~f, tltp said mortgagor has hereunto signed and sealed these presents the
day and year tint abor~p u~riffwn.
Stgnpd. sealefd~~and~delinpred in flip presence of:
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STATE OF FLORIDA, 2
CnUNTY OF j~jE `
I HEREBY CERTIFY that on this day, before rne, as
officer duly authorized in the .State aforesaid and in the County aforesaid to take acknowledsments, personally appeared
ADOLPHUS J. QiANC~C and I~1RIA T. CHANC~C, his wife,
to me known to be the persons described in and who executed the foregoiryt instrument and acknowledged
heforc me that ~-"°I executed the same. n
~4I7'NESS my hand and official seal in the County and State last aforesaid this t~ / ~ day of
Sep~HC>bt'r A. D. 1979. .
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