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and shall ptrjorm, comply with and abide by each and sasry tits agreements, sfipulafioni, conditions and
eot?enants the?eof, and ej this mortgage. then this mortgage and the estate h.roby croafed, shall cease, de-
fermine and be null and void.
71j1~ the mortgagor heroby further covenants and agroes to pay promptly when dw the p?incipal 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. ltnbilities, obligations, and enctsmbrtitrtess of susry nnttu+e on said pro- -
perfy: fo permit, commtl or suf
jer no waste. impairment or deferioratton of said land or the improwmanb
fherocn nt any lime; to !seep fhs buildings now or hereafter on said land /ally insured to a sum of not !su
than full insurable value •
in a company or rnmpantea acceptable fo the mortgagee. the polity or policies to be held by, and payabb
to, said mortgagee, and in the event any sum of money 6seomes paynbji by virtue bf such insurance .the
mortgagee shall have the right to receive and apply the same to the indebtsdneas heroby secured. accounting
fo the mortgagor jor any surpltu; fo pry nIl costs. charges, and expenses, including Inwyeri fees and ftfb
searches, reasonably incu?rrd or paid by the mortgagee because of the jailtue of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and eovenartts of said note and this mortgage, .
or either; to perform, comply with and abide by each and every the ngroemenfs, stipulations, conditions and -
covenants set jarth in said note and this mortgage or either. /n -the event the mortgagor fails to pay whan
due any fax, assessment, insuronce promium or outer sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee- may pay !hs same, without waiving or affecting the option to foreclose
• or any other right hereunder, and all such payments shall bear interest from date therooj at the highest bw-
f
ul rote !hen allowed by the laws of the State of Florida. _
~l any sum of money herein referred to be not promptly paid within ~ days next of ter
_ the same 6et-omes due, or If each and every the agreements, stipulations, conditions and rnuennnts of said
note and this mortgage, or -either, are not fully performed, rnmplied with and abided by, then the enfiro
stun mentioned in said note, and this mortgage, or the entire balance ttnpnid thereon, shall jorthwilh or
!hereafter, af' the option of the mortgagee, beeorrre and be due n.td payable, anything in said note or herein
to the rnntrary nofwifhstanding. Failure by the mortgagee to exercise any of the rights or options heroin
provided shall not consfittrte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
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Il l~l1l~ ~Of, the said mortgagor has hereunto-signed and sealed these presents the
day and year /first above written.
Signed, sealed and delivered in the presence oj:
i ~ -
~ . son .
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- - 8t1dYS • T'IiOmQ On
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STATE OF fbAR~f~. -
r COUNTY OF ~1rs~s•,.;t,
I HEREBY CERTIFY that on this day, before me. an -
officer duly authorized in the State aforesaid and in the County aforesaid to islet aeknowkedgments, petsonaUy appeared
Jerry T. Thompson and Sandra L. Thompson
to me known to be the prrsons described in and who executed the foregoing instrument and they acknowledged
before me that they executed the same.
WITNESS my hand and official seal in the County and Sute tut aforesaid this a~~.Lt, day of
1. D: 19 SO.
, Q
• ~ ~"7~ ,
,
~ • • ti i
~ 1950 OCT 21 ~'i 33 Notary Public l~3
# r My commission expires : / 3
f - ~Y. f?`:. ~a S1.LUCIf. COJIfTY.FIA.
~ ~ ROGER POITRAS
t~'• u CLERK CIRCUIT C?U$~~
~1
_ 4
504139 -
CHICA60 TITLE INS. CO. _
° Carla Elbrecht
I7iu Inuruntrn~ pnpaad by: 555 C~t..Ot~pd Avid . 5!!!'E 4
Addrar STUART, FLOtcIt~As"s4i?4 6aox341 pacE 660 ~
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