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and shall perform, comply frith artd abide ,y each and PBPry the agreements, sUpulation'/s, conditions and
fal'ellaIlls 111PIPUf, a11(I al tills morttlacle. IIIPII this mOlt{tattP and I{tP PstQIP hereby ClPaled, shall Cease. de-
terntitte a11(I bP /lllll alld 1•UI(1.
end the morttfarfor hen•by f urllter covenants and agrees fo pay promptly when clue the principal and
interest and other stuns of money provided for in saicl note and this mortgage, or either, to pay all and
si-tgt/lar t-tt• lases, assessntt•rtls. let•ies, lial,ilities. oblittaliorts. and enctrml,ronces of every naltrre ort said pro-
perfy: to l,erntil. commit or suffer no u•asle, impairment or deterioration of said land or the Improvements
Iheret•n nt any lime: ro Irerp the buildinlts note or hereafter on said land fully insured in a sum of not less
than nil
in a company or companies acceptable to the mortgagee. the policy or policies to be held by, and payable
to. said mort{taraee, and in the event any sum of money becomes payable by virtue of such insurance. the
morlgadee shall lun•e the -i~thl (o receive and apply the same to the indebtedness hereby secured, accounting
to the mort~)a~tor for any surplus; to pay all costs, (,barges, and expenses, including lawyer's fees and title
searches, n•asonably incurred or pai(1 by the mortgaltee because of the failure of the mortgagor to promptly
and fully comply u'i1h the agreements, stipulations, con(Iilions and rnvenanfs of said note and Iltis mortgage,
or either; to perjornt, comply urilh and abide 6y each and every file agreements. slipulalions. conditions and
covenants set forflt in said Hole and this mortgage or either. /n Ibe event the mortgagor fails to pay when
due any fax, assessment, insurance premium or other sum o/ money payable by virtue of said note and Ibis
mortgage, or either, Ille mort~tagee may pay the same, urilhout waiving or affecting lbe option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lau,-
lttl rate Illen allowed 1-y the laws of the Slate of Florida.
DL any sum of money herein reler-ed to be not promptly paid within 30 days next after
the some becomes due, or if each and et•ery Ibe agreemwtts, slipulalions, conditions and covenants of said
note and this -nort{ta~tr, or either, art, not fully performed. complied evith and abided by. then the entire
sum mentioned in said note, an(1 Ibis mortgage, or the entire balance unpaid thereon. shall forthwith or
thereafter. al file option of lire mortgagee, become art(l I,e (IIIP and payal,le. anything in said note or herein
to llle rnnlrnry notu•rlbstan(ling. Failure I,y the mortgagee to exercise any of Ille rights or options herein
proridt•(l shall not constitute n waiver of any rights or options under said note or this mortgage accrued or
therea(ler accnlin~t .
~n ~ditness thereof, the said morfgotcor tins hereunto signed and sealed these presents the
~ day and year f irsf above u•rillen-
I
! Sip led. Baled ul de 'rered in the presence of : ~%
I
Wi ss S M. THOMAS ,,
' - ~ ... ~
.l Witness OIS M. BOYCE
_. _ __ --~
:I
~..
Sl :•~TE OF FL( )RlI).~, 1
I HEREBY CER'fIF1' that on this day, t,etore me, .n
uiji~ cr ~iuh- authorised in the Stad• aforesaid and in the County aton•said to takr arknuwledgmcnts, personally appeared
JAMES M. THOMAS and LOIS M. BOYCE
to rm• known tr. Ix• th•• pr•rwn 3 described in and who executed the loregoinq instrument and Who acknowledged
Irelon~ me that they CXerl,ted the same. ,
~~'ll \ESS my hand end official seal in th•• County and $tatr last aforesaid this 11th day o[
December ~ n I9 80
I~~O D~ ~ 5 ~.~ '~ t! ~ NOTARY PUBLIC
FILM Lh[ ~i C~>r: ~ .~
;I.IUCa iC:N?yl~:.
ROGER P01Tv; `,.
CLE&F: CIi~C~t*
• ~ 510541
~~
~`
%liir Ins/rnmr-»/ /rn~N-rrJ /ry
M}' commission expires:
,3.,•
~~ ' ~.:-
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~~ •'~
James ~•.,Tb~ISasy e
Port Salerupa ~`~,orida 33492
'~ct~fv P.,tit•rr Stdt~ of fl~edai8l 9djo
~ Exp~'e:,
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