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and shall perform, coatply with and abtd~ 6y cock and every the agreements. sfipulaftoris. conditions and
covenants the?coj. and oI Ihis morfgape, then tht, mortgage and the estate hereby cnatsd, shall cease. de-
terwtine and 6. null and twirl.
flw tortgagor hereby further covenants and agrees to pay promptly when dw 1he principal and
inteersl and other slues of money provided for in sold note and this mortgage. or either; to pay all and
singular the faxrs, assessments, levies, liabilities, obligatlorts. and encumbrances of every nature on said pro-
perty: to petrmil. commit o? suffer no waste. impairment or deterioration of said la?td or the improvements
fherern al any lime: to leeep the buildings now or herwaf
ter on said land fully fruured to a sum of not leas
than N/A
in a company or comtwnie: acceptable to the mortgagee, the policy or policies fo 6e held 6y, and payable
to, said mortgages, and in the event any slim of money becomes payable 6y virtw of ouch insurance the
wswtgogee shall haw the right. to treceit?e and apply the same to the indebtedness hereby secured, aceounttng
to the mortgagor for any surpltu: to pay all cosh. charges. and expenses. including lawyer i fees and title
scorches, .coswtably incturecl or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully rnmply with the agreements, stipulations, conditions and rnvenants of said note and this mortgage.
or either: to perform. comply with and abide 6y each and every the agreements. afipulattons. eondtlfons and
cot~rnanfs sN forth in said note and fhb mortgage or either. 1n the event the mortgagor fails !o pay when
due any fax, assessment. i?utsrance premittm or other stun of money payable 6y virtw of said note and this
mortgage. or either. fh. mortgagee may pay the snore, without waiving or a jf
acting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date iherroj at the highest lau~-
ful rate then allowed by the laws of the State of Florida.
any sum of money herein referred to 6e not promptly paid within thirty days next after
the same becomes due, or if each and every the ngreemenfs, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y. then the entire
stun mentioned in said note, and this mortgage, or the enti?+e balance unpaid thereon, shall forthwith or
thert*ajter, nt the option of the mortgagee. become and 6e dw and payable, anything in said note or herein
to the corstrary notwithstanding. Failwe 6y the mortgages to exercise any of the rights or options herein
prodded shall not rnnstirute n tuafrer of any rights or options under said note or thi: mortgage aecrtted or
thereafter accruing. ` `
~ Hof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above uaiifen_
Signed, sealed and delit+ered in the presence oj:
s
~-6-~t ~ieL~ G%~~G
I t: ass NDA L. LAMBRE T
I _
i
STATE OF FLORIDA.
I HEREBY CERTIFY that on this day, before sne~ an
officer d fly authorised in the Stec aforesaid and in the County aforesaid to take ackrawkdgments, personally appeared
MARK A. LAMBRECtIT and LINDA L. LAMBRECHT, his urife
to me known to he the prrson descn-bed in and who executed the foregoin4 instrument and ~,1h0 ack~wkdRed
before rtx that they executed the sane. - ~
N 17-tiESS my hand and official sea! in the County and State last aforesaid this . _'S:f~ e'- -..day of
NOTARY PUBLIC " ~ti ~ - ~.t_t~~ ; r~
I f , fs ~
ii • My Commission Expire~~";.
f t Notary h'>CiC. State ot.Fl~. ' .
{II 2S ~ sou Ex~res k:,~• 6. 1°2
Ft_Et t~i~ Y
Fill.
t?Cs_R t'0
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