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AND the mortgagor hereby further cuvenants <ind agrees tu px~• ~~romptlp when due the prin-
cipal and interest and other sums of money pro~icled for in said note and this mortgage, or either;
to pa~ all and singular the taxes, assessment~s, levie~, IiaLilities, ubligations and encumbYances of
ever~• nature on said pruperty ; to permit, commit ur suffer no ~~-aste, impairment or deterioration
of said land or the impru~•ements thereon at an~~ time; tu keep the buildings now or hereafter o~i
~aid land fully insured in a sum of not less than its full insurable ~•~lue, but in no event less than the
amount secured b~ this murtgage, in a compan~• or companies acceptable to the mortgagee, the pol-
ic~• ur policies to be held b3•~ and payable to, saicl murtgagee, dnd in the event an~• sum of mone~~
becomes pa~~able b?• virtue of such insurance the mortgagee shail ha~~e the right to recei~e and ap-
ply the same to the indebtedness hereb~• secured. xccounting to the mortgagor for an~- surplus; to
pay all costs, charges, and expenses, including la~ti•~-er's fees and title se.irches, reasonably incurred
or paid by the mortgagee because of the failure uf the mortgagor to promptl}• and full~• compl~~
with the agreements. stipulations, conditions and covenantti of said note and this mortgage, or
either; in the e~•ent the mortgagor [.iils to pa~• ~rh~~n due au~~ tax, as~e~.~ment, in~urance premium or
other sum of money pa~•able by virtue of said note :~nd this mortgage, ur either, the mortgagee ma~•
pay the same. without waiving or affecting the o~~tion t~~ foreclose or any other right hereunder, and
all such pa~~men~4 shall bear interest from date thereof at the highest la~vfut rate then allo~~ecl b~-
the law~ of the State of Florida.
iF any sum of mone~ herein referred to Le n~,t promptls• paici ~~•ithin thirty days next after
the same becomes due, or if each and ever~~ the agreements, stipulations, conditions and Eovenan~~
of said note and this mortgage, or either, are not full~ performed, complied ~~ith and abided by.
then the entire gum mentioned in said note, ancl t his mortgage, or the entire balance unpaid there-
on, shall forth~~•ith or thereafter, at the option ~f t he mortgagee, become and be due and pa~•able.
anything in said note or herein to the contrar~• not~~•ilhstanding. Failure tn• the mortgagee to exer-
cise an~ of the rights or options herein provided ~ hxll nnt c~-n~titute a ~~ aiver of am• righ~g or op-
tions under said note or thia mortgage accrued ~r thereafter accruing.
6~~~ 3~7 PAGE 631
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