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"Permitted En~umbrances" appended hexeto= that it will make such
further assurances to perfect the fee simple title to said land
in the Mortgagee as may reasonably be required; and that it does
hereby fully warrant the title to said land and will defend the
same against the lawful claims of all persons whomsoever.
PROVIDED, ALWAYS, AND TBESS PRESENTS ARE ON TBE EXPRE~S
CONDITION TBAT, if the Mortgagor shall pay unto said Mortgagee
the promissory note referred to abave, and shall perform, comply
with, and abide by each and every the agreements, stipulations.
conditions, and covenants thereof and of this Mortgage, then this
Mortgage and the estate hereby created shall cease, determine,
and be null and void.
And the Mortgagor hereby further covenants and agrees with
the Mortgagee:
1. That Mortgagor shall pay all and singular the
principal, interest and other sums of money payable by virtue of
said Mortgage Nate and this Mortgage promptly on the days, res-
pectively, the same severaliy become due.
2. That the Mortgagor will pay all and singular the
taxes, assessments, levies, and encumbrances of every nature on
the above described property, and upon this Mortgage, before
delinquency thereof and receipts evidencing payment of said
taxes, assessments, levies and encumbrances shall be deposited
with the Mortgagee on or before February 28 of each succeeding
year during the term of this Mortgage; and if same be not promp-
tly paid when due, the Mortgagee may (without obligation to do
so) pay the same, or become purchaser of any lawful evidence
thereof, or certificate therefore, without waiving or affecting
any right hereunder and in this Mortgage, or the said Note which
this Mortgage secures; and such payments or expenditures so made
shall bear interest from the date thereof at the highest rate
permitted by law.
3. That all sums of money paid or caused to be paid by
the Mortgagee under the terms of this Mortgage and herein speci-
fical.ly provided for, and including any expenses incurred by the
Mortgagee in collection of the sum secured by this Mortgage,
' shall be covered by the lien of this Mortgage, the same as the
~ sums of money represented by the Note which this Mortgage se-
~ cures.
~
,
~ 4. To pay all and singular the costs, fees, charges
~ anc~ expenses of every kind and nature, including an abstract of
title to the above described lands found to be necessary or
convenient in connection wi,th ~ny suit for the foreclosure of
this Mortgage, and also including a reasonable attorney's fee
incurred or expended at_any time by said Mortgagee after any
default by the Mortgagor, zn the foreclosure of this Mortgage or
the collection of the amount secured hereby, each and every; and
every such payment or obligation shall bear interest at the
highest rate permitted by law from the date the same may be made,
and with such interest shall be secured by th~ lien hereof.
~ 5. To permit, commit, or suffer no waste, impairment
~ or deterioration of said property or any part thereof; to pay all
costs in connection with any work done on said property, and if
~ any mechanics' and materialmen's-liens be filed against the same,
to cause the same to be discharged, paid, bonded, or otherwise
~ satisfied within thirty (30) days after the filing thereof, or
^ within twenty (20) days after a suit for the foreclosure thereof
~ has been filed, whichever date is earlier.
~ 6. If any installment of principal or interest of the
~ said Promissory Note or any of the sums o€ money herein referred
= to or secured hereby, be not fully and promptly paid within
~ fifteen (15) days when the same severally become due and payable,
~ or Mortgagor fails to perform or comply with any other term,
~ covenant, agreement, or condition of this Mortgage~within thirty
(30) days, then without notice, the full unpaid principal amount
~ of said Promissory Note together with all accrued interest shall
~ become immediately~ due and payable at the option of the Mortgagee
FEE. KOBLEG.~IRD. TEEL & KENNEY. P. A.
ATTORNEYS AT LAW pQ
Po~ o~~~E ~oX ,oo0 600K445 P~GE c7Q7
fORT P1ER , FLORIDA ~9454
T[~[~HON[ (30'J1 461-SG20 ~
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