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~O~i '70S Farr-13'79
and shall perjorm, comply with and abide by each and every the agreements, stipulations, conditions and
covenants lhereoj, and of this mortgage, Ihen flits mortgage and the estate hereby created, shall cease, de-
tP?minP and be null and void.
fhP mortgagor hemby jurfhPr covenants and agrees fo pay promptly when due the principal and
interest and other sums of money provided jor in said note and this mortgage, or either; to pay all and
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on sold pro-
perly: fo permit, commit or sujjer no waste, impairment or deterioration of said land or the improvements
thereon at any flmP: to keep the buildings now or herPajfer on said land jolly insured in a sum of not Less
than cull insurable value or balance due hereon, whichever is less
in a company or companies acceptable to the mortgagee, ills policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the righ! fo receive and apply the same to the indebtedness hereby secured, aceounftng
to the mortgagor for uny surplus; fo pay all costs. charges, and expenses, including lawyers fees and title
searches, reasonably Inctt?recl or paid 6y the mortgagee because of the jailors of the mortgagor fo promptly
and jolly comply with IhP agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: to pPrjorm, comply with and abide by each and every the agreements, stipulation:, eondiltons and
covenants set forth in said note and this mortgage or either. In the event .the mortgagor jails fo 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 tuaiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof al the highest Iaw-
f ul rate then allowed by the laws of the SlalP of Florida. i
~l any sum of money herein re(Prred fo 6e not promptly paid within t211rt1/ (30) days next after
the same becomes due, or ij each and every the agreements. stipulations, conditions and covenants of said
note and ibis mortgage, or either, are not jolly performed, complied wish •nnd abided by, Ihen the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jor•lhwith or
fhereajler, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failts?e by the mortgagee to exercise any of the rights or options herein
prot~idPd shall no! constitute .a u~aivPr of any rights or options under said note or-this mortgage accnred or
Ihcreafter acnuing.
~n ~~tness whereof, the said mortgagor has hPrettnfo signed and sealed these presents 1hP
day and year firs! above written.
Signed. sealed a/td dPl11~PfPd in the presence oj:
- X - - - ~ - - - - -
P L. aitchell
I - /V ~,~!d~~
{ ~
- - Milcred Mitchell.-- a/k/a..iZildred •T......
- Mitchell
STATE OF FLORIDA,
COUNTY OF Imo: ,
1 HEREBY CERTIFY that on this day. betorc me. ao
olticer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeued
PERRY L. MITCf1EI~, and MIID~ MPPCf1ELd,, a/k/a MIIDF~ T. Ml'ICI~
to me known to be the persons described in and who executed the tore`oinq instrument and ~-'~l acknowkdRed
before me that they executed the same.
WITLESS my hand and official seal in the County and State last aforesaid this day ~
A. D. 19
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N(7PARY PUBLIC " : ~ - '
Fti=L• sM
S~LULfEt~L'ViY.fi~. .1 .
F.OG~P POI~RAS .
CLEhK CIRCC;i tt!:'HT - I
i
'/'bit his~rrnrrrrr! prr~rtrr'rl 1
y: 1~~~ ~~red B~1: i
Saphen G. LetiH. Vice President
:IJ.lr~x~ Chizens Nationel Benk of ~..,glshurt; P2+liEi4t~
P.O. Box 47, Leesburg, Florida 324£3