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aru~ tha~~ per~orm, comply wlfh and abtde 6y ~h and e~~ery f~e apreer?unft. •tlpu~ationi, condtttoru ar~
corenants thereoj, and o` thta moriga~e, then thi~ mortgage and the eitate I~eroby cwated, i1~aII cea~e, de-
terrnine and 6e null and vo1d.
~ ~hA mortga~~?r heruby Jurthe~ couenanti and agrees to pay prorr~ptly when dua tfis pNnctpal aRd
tnfere~t and olher sums of money prouic~ec~ jor in aatd note and l~ti mortgage, o~ elt~ier; Io pay a~~ ar~c~
iingu~ar t~e taxea, as~easmenla. ~eule~, ltabt~iliet, ob~tga[ioru, and encumb~+ance~ ol every nafw~e on sak~ pro- _
pertq: to perrrilt, commit or su1ler no wuite, Im{wirmenf or c~etertoratton o~ aald jared or the i~nproverrenl~
Ihereon ut any flme; to keep the bull~f~nga now or herra/ter o,e datd bnd /u~~y lnuu~e~ in a sum oj not ~e~i
than the full insurable value hereof,
tn a company or cor?ipantea acceplable fo !he morfgagee, dhe po~icy o~ pollciei to 6e hetd 6y, and payable
to. :atr~ morfpagee, anc~ in !hR event any aum of money ~ecomei payakle 6y ~virtue b( such insurance t~e
mortgagee aha~~ {~ave the ~9h~ to ~ive and a~ply ~he.,a~ eo ~he inde6~~ine„ I~e~eby ,~w~d, accounting
to the morfgngor ~or any surp~us; to pay QII coata, charget;'and expenset. i~tc~ud4hg ~awqer's ~ee~ and tlt~e
asarchea. re~sona6ly Incurred or ~xiid 6y 1he mortgagee becaute of the Failure o~ the mortgagor Io prompl~y
and jally comply wifh the agreementa, sttpu~utiona, conditions and c~ovenanta o( aaid note and thb mortgaye.
or eif~er; to per~orm, comply with and abide by each and every the agreemenb, ittpulat[oru, cor~tlloni and
couenanta set forf~i in said nofe and t~its mottgage or etther. In fhe event t~e rnorf8ogor ~ailt to pay when
due any tnx, aasessment, tnsurance premtum or other sum oJ money pay46le 6y virtue oj sald note and thb
martgage, or either, fhe rreortgagee mny pay the aame, witl~out waiving or n/fecttng the option to Forec~o~t
or any other rlght hereunder, and a1i aucF~ paymenls ahall 6ear intere~t /rom date ihereof ut the ~igheit Iaw-
~ul rate t6en allowed 6y ~hp Iaws oj the Stnte oJ Flo~tda.
~1 any su?n o~ money ~erein re~errecl to be not promptly palcl within thirty day: next alter
t~e aame bacomes due, or i~ eacl~ a~d every Ihe agreementa, stipu~ntfona, conditto?u and covenants of said
note anc~ this mo~fgage, or eilf~er, are nof jul~y perfornted, comp~led wit~? anc~ abtded 6y, fhen the entire
aum mentionec~ in said note, and t{~is morlgage, or tha entire ba~ance u~patd f~ereon, shn~~ (ort~iwith or
there~jte~, at the option o/ !he mortgagee, become and 6e due nnd paya6le, anything tn sald note or heretn
to the confr~ary notu~ithstnnding. Failure 6y t{~e mortgagee to exerciae any of [he rig~ts or opHons ~erein
pr+ovided al~all not conatitule a waiver of anp rlghts or op(iona unde~ said note or thlt mortgage accrued or
l~erea(tcr accrutng.
~n ~~11[~s ~f~Ci~~t~ the suid mor(gagor l?as hereunio signec~ and seajed theae pretenta the
clay nn . r~irst a6one u~ritten. -
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Stgn¢d, s an delir~ered in the presence oJ:
' L~/~~l~
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~ ' es---Pe~sch~;•--~ .
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Ma ~~l Pesch
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STATE OF FLO~R~IP A, _ , • ~
COU\TY C)F7I~dC
I HEREBY CERTIFY that on this day, before me, an
i officer duly autho~ized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledgments, penonally appeared
'
James Pesch, Jr. and Marilyn Pesch, his wife
to me known to be the perso8 described in and who executed the forcgoing instrument aod~l@y ac(coowledged
..YE'
betore me thatthey cxccuted the same. s,~
U1~"~'~`~ 'x~~:y • -
- WI7'\ESS my hand and otticial seal in the County and State last aforesaid thia ~~~;;~{~j~~t ef-.~ ,
November A. B. 19~6 `~4e,:;,•~.e'"~o _
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