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and thal~ parform, oampl>~ w1d1~ and abtde Ly each and euery !he apresmenl~, iltpulaltoru, condittona ancl ~
oovena~la thereof, and a~ thia mortgaga, then Ihis mort~age and the estate he~by crealed, ahall ceaae, de-
,termtne und La null and vatd. •
~n~ tha mortpagor hervby ~urlher covenants and agree~ to pay prompfly w~en clue tf~e prtncipa~ and ~
interest and othe~ aums a! money prnviclec~ jor in said nate and thia mortgape, or either; fo pay all and
atnguTar the laxe~, asse~amonts. levie~. ~taGi~iltes, ob~igaflons, anc~ encumbranro~ o~ every nalure on aaic~ pro-
perly; fo permit. commlt or auf`e~ no waste~ impairment or delettoration of aatd land or the improvements
ihereon at any lime; !o Fteep the 6uildings now o~ hereajler on sald land fully lnsured in a sum oj nat jes~
' than ~
in a company o~ companies accepla6le to the morlgagee, !he policy or poIlcIea to be beid 6y, and pnyable ~
to, aaid mortgagea, and in,!!~e event any sum oj money becomes puyabl~ 6y virtue of auch insurunce the
mottgagee ahall ha~e the right to recetve and opply ihe eame to the incle~ileclne» ~ereby secures~, accourtfing
fo the martgagor ~or any aurplus; lo pay alI cost~, c~?a?ges~ and expen~ea~ inc~uJtng lawyer~s fees and tltle
aearches, reasona6ly incurred or paid by the morlgngee becnwe oj the jatlure o/ the ~rtorlgagor to promplly
. and (u~~y comp~y wtth the a~reements, al~pulattons, condtttons and covenan~; of satd nole and ihta mortgage~
or eilher; to par'orm, comp~y wilh ancl u~ide by each anc~ every the agreemer~ls~ attpulations, canditlons and
covenarits set forlh dn eata~ nofe and Ihts mortgaga or etther, ~n the event lhe morfgagor ~aijs to pay when
' due any lox. assessment, iruurance premtum or ot~er sum of money pQya6[e by i~trtue o~ aafd note and t{?is
mor(gage. or eif~ier. Ihe mortgagee trtay pay !he 8ame, wtlhaut waIvtng or a~`ecting tf~e option to forec~ose
or any othe~ rl~I~t hereunder, arcd ail auch payments :hall benr tntere~t /rom ~ate thereo~ at ihe highest law-
juI mte fhen aIlowed by t~e Iows o~ the S1afe oJ Flortda.
DL any surn o/ money herein re%rred to be not promplly patd sultf~ln dnys next af ter
tF~e same becomes due, or i/ each and every tl~e agreem~nts, :t~putaltons, c~ondJttona and covananls oj aaid
note and ti~ts mortgage, or etther, are not fu~Iy performed, oomplled wftlt u~d ubtded by, then the entire
~um mentioned in aafd note, and thts mortgage, or the enttre balance unpnid ther+eon, ,hal! /orthwith o~
therea~ter, at tl~e optton oJ !he mor~gagee, bec~nme ~red be du~ and payable, anything in aatd nole or F?erein
. to the contrary notw~thstanding. Failure by~lhe mortgages to exer+~ise any oj the rtghta or opttons herein
provtded shall not eoreatitute a waiver o, any rtghts or options un~er safc~ note or f~is mortgage accrued or
. therea jter accruing.
" fD`tn~ the satd rr~ortgagor ha~ hereunto slgned and :ealed these presen~a the
c~ay anc~ year ~irst a~oue wrilfen.
Stgned, aealed and delt~ered In tbe pre~ence oj:
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Y
STATE OF FIARIDA, ~
~o~ o~ sa~t z~Gie ~
! Y HBREBY CBRTIFY thst on thi~ day. befoce me, so
t otticer duly authorized in the ~e~tte atoraaid and in the County sfore:aid to take acknowkdgraeatt, pet~oAaltr appesred
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' J.AMES R. PEELER and ELSIE E. PEELER
to me knowa to bc thc persoa $ de~cribed in and who executed the foregoit~g i~utrua~ent snd theY actaowkd~d
betore me ctu,c they e~ccecuted t6e rame. .
i WITNESS mp hand and o[ficial ~eal in the County and Swtc last xfores~id tbu ~ 23rd dar o[
~ ,November A. D. is 64. ,~~iN~~~~u~~~~''~.,
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' ~ ECO otary Public, State of ~lo}~ `,~.~#.L~r
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. ~N i~iy comrnission expirea:'~~t .,27, 19~?'
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~ :.•~~N..,, . 1964 hlOV 27 AM 10: 00 ^ ~ .
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t• t~'„~ S~. IUCIE COUNTY. f t4RID
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