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and shall perform, comply with and abide 6y each and every fJ~e agreements, sllpulaftoni, condtltoru nrtd
covenants Ihereoj, and of this mortgage, then Ihit mojlpage anti the ~sstate hereby created, shall tense, de-
fe?mine and be null and void.
~d the mortgagor heru6y jtt?ther covenants and agrees to pay promptly when due the principal and
intere:f and other soma of money prot~idtgl jor to said note and this morlgoge, or either; to pay all and
singular the faxes, assessments, IeViPa, liabilities, obligations, and encumbrances of every nature on said pro-
perly: fo permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
fherecn of any lime; fo keep fh~ buildings nou• or hereafter on said land fully insured in a sum of not less
Ihan N/A
in n company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such Insurance the
mortgagee shall have the right fo receive and apply the same fo fhs indebtedness hereby secured, accounting
to the mortgagor jor any surplus: fo pay all cost:, charges, and expenses, including lawyer's fees and title
searches, reasonaLly incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agreements, stipulations, rnnditions and rnvenanis of said note and this mortgnge,
or either; fo perform, comply with and abide by each and every the agreements, stipulations, condiftoru and
covenants set forth in said note and this mortgage or either. In ilia event the mortgagor jails fo goy when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said ?tote and this
mortgnge. or either, the mortgagee may pay the same. without waiutng or ajjecfinQ the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul mte then allotvetl by the Iau?s of the State of Florida.
any sum of money herein referred to be not promptly paid within thirty day: next after
the same becomes due, or ij each and every the agreements, stipulations, rnnditions and covenants of said
note and this mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
Ihereajfer, at the option of the mortgagee, 6ernme and 6e due and payable, anything in said note or herein
to the contrary notu~ithslanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a u-ait+er of any rights or options under said note or flits moHgage accrued or
fhereajter accruing.
~n ~h~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above u~ritfen.
Signed. sealed and livered in the presence oj:
w ness~ DWA.2D D. BILLINGS
i
STATF.OF~~~ fat~7
~ COU.'vTY OF
I I HEREBY CERTIFY that on this day, before me• as
~ officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledsrttents• personally aplreared
EDWARD D. BILLINGS
to me known to be the persoq described in and who executed the foreRoinR instrument and who acknowkdsed
before me that liR,~. - ~
. ~
N 17'NE$5:~j~~ficial seal in the County and State last aforesaid this d day of
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