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and shall pertonn~ cou~pjy with and abide by each and every the a~reement~, ~tipulattons, conditione and
oovenante thee+eot, and oi thit mortga~e, tMn thie mortg~gs and the e~tate hereby crested, ahall cease, ~
determtne ard be nuU end void.
AIIa the inortgegor h~reby further covenenta and sgreea to psy promptly when due ths prtncipal snd
intsreat and other auma of money pmvided for in eaid note end this mortgaga, ar either to pay all at?d aingular
tbe taices, aeeeeameata, levlea. l~abit~tiea, obllgadona and encumbrances of every nature on said property; to E
perrnit, commit or tut~'er no waate. impaIrment or detedoration of aaid lend os the ImprovemeAta thareon at e»y
tirae; to keep the buitdings now or hereatter on said laud fully i~naured In a aum of not leaa than ~
~ fu11 insurable value ~M
in a compa»y or compan9ea acceptabie to the mortgagee, t2ie poUcy or policlee to be heid by. and paysble to~
said mortgages~ and in the event any aum of money becomea peyable by virtue of eucb inavrance tha mortgagee
ehall have the right to receive and apply the aame to the indebtednesa hereby ~aecured, accounting to the °A
mortgagor for any surplua; to pay all costa, charges, and expensae, including laaryer'e fees end tide searches~
reaaunably incurred or paid by the mortgagee baceuas of the failure of the mortgagor to pramptly end fully '
comply with the agreamente, etipulet~ons, conditions end cover~anta of eaid note and thia anortgege, or either, to
perforai, compty with and abide by each and every the agnements, atipulatione. cond'etiona end covenanta aet
forth ~n aeud nate and thia mortgage _ or either, In the event the mortgegor taile to pey when due any tax, a
eaaesament, inaurance premium or other sum of money peyeble by virWe of ~?aid note aad this mortgage. or
• either, the mortgagee may pe~y the ssme~ wlthout waiving or affecting the option to forectose or any other rlght
_ hereunder, and atl auch peymenta shall be~ur intereat from date thereof at the higheat lawful rats then allowed
• by the laws of ihe State of ~lorida .
I~' any sum of money herein referred to be not promptly pgid within 30 deys next after
the same becomes due, or if each and every the agreementa, stiputations, conditions and covenants of said note
and this mortgage~ or either~ are not fully performed, comptied with and abided by, then the entire aum
mentioned in said note. and thea mortgage~ or the entire balence anpaid thereon, ahall fortharith or thereafter. at
the option of the mortgagee~ become and be due and payeble. anythtng in aaid note or herein to the contrary
notwithstanding. Feiture by the mortgagee to e:ercise atny of the rights or options herein provided ahell not
constitute a waiyer of any righta or options under said note or this mortgage accrued or thereafter accruing.
In Witnesa Whereof, the eaid mortgegor has her~unto aigned and sealed theae preaenta the day and
year first ebove written
WITNE `
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. ./7 Th s~F. Gi~ord .
. . . . ,c•~s..._. . . . . . . . . . . . . . . . . . . . . . .
~r~t~ .
•J.. n E. Gifford. ~
STATE OF FLORIDA / ~
COUNTY OF S7 k t 0~
The fo going inatrument a acknowte d bef re me this ~~ay of C~''~-~-- ' 19 a/
by
Sbie ~i lIN1~1
~c Coa~ssio. bu~s O~c. 3,14V
. w~.~ nr. Tar ~iot~.itui~lic
My comaaission expires:
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' '67 ,~I i6 P 1 :4Q
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