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and ahall per/orm, comply wilh and a6td. 6y ~1~ and eve.y tl~e agreements, stipulationi, eondttlons aed
rnne~ants t6ereof, and oJ lhis mortpa~e, then Ihis mwtgags and tl~e e~tate hsn6y c-sated. ~I~nll ceni~, d~-
te-mine and 6e null and votd. ~
~d !bp mortea~o~ I~en~by ~urthe~ couena~l: and a9-ee~ !o pay promptlr when dw th~ principa! and
intereil and ofher suma of money provided for in said nole ancl thi~ mortgage, or eifhe-; lo pay aII und
stngu~a~ Itie faxes, assessme~ls, ~euies, ~inbi~ilips, ob~igalions, and encumbnances o( euery naluro on said pro-
perly: to permif, rnmmif or suf~er ~o waste, impairmenl o~ deferioration o/ said jand o~ !~e improuemenb
Itip~n at any fime; lo kppp 11~e ~ui~~infls now o~ f~e-ea~f~r on satd land [ully ~nturecr in a tum ol not ~eu
tl~an highest insurable value.
in a company or companies accepfable fo t~ee r-eorfgaflpe, f~e po~lcy or po~iclet !o ~ie held 6y, and ~ya6l.
to, soiJ mortgagee, ured in 11~e evenf any sum oJ money 6ecomes puyable 6y vtrtue of suck insurancs !he
morigogpe sl~all houe the rigl~t to ~eceive nnd opply Ihe sume !o tke i~debtedneas he-~e6y secu-ed, acc~ounting
fo ftie moNflanor ~or any surplus; to pay a~~ costs, chaiges, and expenses, including ~au~yer s jees and Iit~e
senrc~es, -ensona6ly Inctarec~ or ~~d 6y ~tie morfgagee because of l~e Jai~ure o( t/~e mortgagor !o prompllr
and ~u~~y romp~y wilti ftie agreements, sfipu~afions, conc~itions ana~ covenanfs oJ said note nnd tl~ia rnortgag~.
or eithe~; to perjorm, comply wtth and n6ide by eacl~ and every !he agreements, sfipu~at~ons, eondifions and
covenants~ set rorf~ in said nofe and ~bia mor(gage or eil~er. ~n the event fhe mortgagor ~ails !o pay whs~
due any tax, assessmenf, insurance p~emium or of~er sum of money payQble by ul~lue o~ said nofe ond tl~ia
morfgage, o~ eifher, f~e morfgagee mny pay t~ee saine, wifhouf wafuing or o~fecting fhe option to ~orec~ose
or any ofl~er riglet ~erpumler, and all suc6 paymenls stiall benr interest jrom dafe thereof nt tl-e ktghest low-
/ul rote Ihen allowetl by 16e laws oj the Sfate o( Florida.
~l any sum o~ monry I~erein re(erred fo 6e not prompfly pnid within thirty days naxt n~ter
!{~P aante bpcomns dup, nr ij eac6 and every tl~e agree/nents, slipulalions, conditions ant~ eovennnts oj saie/
not~ nnd this morlgagt~, o~ eilher, are not jully perjormed, complied witl~ ond a6tded 6y, tl~en tke entire
sum mentioned in said note, und Il~is mortgage, or fhe enti-~e balunee unpaid thereon, shall jortl~witl~ or
lhereu(ter, nt th~ opfion o( tl~e morlga9ee. 6ecome and be due and paya6le, nnyli~ing In snid note o- I~erein
to f~e confrary notu~il~sfa-tt~ing. Failure 6y Il~e morlgagee to exercise a~y o( t~e righla or options herei~
prouided sha~~ not conslilute a u~ait~er o~ any rig~fs or opfions undet satcr note or l~is mortgage nc~ued or
f~~ereaJler accruing. _
~n ~itness ~~~Ol~ tl~e said morl~agor l~ns {~erpunlo signed and sealed tl~ese pre:enls 1/~e
clay anc( ypar ~irsl a~o~~e ivri(len.
Srgned. seo~Pd a~d d~~ir»rpd en the pr~senrP o):
.............. .... _ ...- -.. _. -... --- -----.. -- -. -- ...._ ----.--.- --~_Q..-~---.~,-- - ---- . _.. _...~
- - --- - -- .,r- ./.. t:`-'~.- -'~~-~• .... ..... .... . . . . > - ...... . .. --.....---- ---....._._..-----....- -~--- ----- --~- ------- -- ~-- ~~~
~
RONALD G. PAUL
- - - .. . ... .. .. .:.. .. ......- - - - - - ....---~- ~~ -~--- --~-~~
......:......~-- - : -~ -. .. -- . . . -- --~--~----~--- .... . _ . . ..
Sfi~ . -- PAUL ~
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--.. . _ .,_ - - ~ ~~---~ - - . ....- --- -~--- -- ----- ~~- ---~
STATE OF FLORIDA,
CnUtiTY OF ,
$t . Lueie I HEREBY CERTIFY that on t6is day, before me. an
o~ficer duly author~z~d in the Stat~ afor~said and in th~ County a(oresaid to tak~ acknowledRments, personally apptared
_ Ronald G. Paul and Sheryl Paul, his wife ~~
to m~~ known to Ix th~ prr~~& d~scrib~d in and wbo exccut~d the (or~qoinq insttument and W~10 acknowkdRed
Ix(or~ me that ~e~x~cuted the sam~.
N'17~\F.SS my hand and o(ticial seal ia th~ County and St~ti• last afor~said this 13th daY of
• • .'JallllaYy A. D. 19 81
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