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und skall prrjorm, comply with and a6ide by ench and every the agreemenls, sttpu~utioni, condittons and
conenants th~r~oJ, ancl oJ this mortgas~e, ti~en this mortgage and tl~e estate ~ere6y creoted, ihal~ oeuse, de-
tprmine an~ nu~~ an~ noi~.
I~~ fhP morlga~or ~~~rehy (urd~er covenanfs and agreea to pny prompt~y when due t~e principa~ and
i~feresl and olher sums o~ money provi~ed ~or in said note and t~u morlgage, or etf~er: to pay al~ nnd
sinc~ular the t~x~s, ass~ssm~nfs. levies, Iia6ilifi~s, o6lignlions, and encum6mncea oj every naiure on said pro-
perty: lo permiL ~•ommit or su~~er no u~asfe, impai~ment or deteri~rntion o~ .atd bnd or t~te improvernents
thPrP~n al any fim~; to RPPn ~IIP buildin~s now or herPaf l~r on said Innd ~u~ly inaured in a aum o~ not less
Ihan market value
in a~-~m~aRy or ~ompani~ s aCfP~IQ~~P to t~e morlgagee, ftie po~icy or po~iciea to 6s held 6y, nRd ~yo6t~
to, saic~ morfunqP~. an~ in f~p e~~ent any stsm o~ money becomes ~yabl~ 6y uirtue o~ suc~t insurnnce ths
morlgagPP SIIqII ~OI~P 1{~e right fo ~PCPII~P and apply t1~e same to t~e inde6tedneas hereby securea, nccounting
!o thP mortgo~or ~or any s~irplus: to pay u~~ costs, c{~arges, nnd expenset, inc~uding ~awyeri ~ees and tlt~e
SPQ?+('~~5. ?rpSO?lU~,~y 1I1f11KP~ or ~~d by ihp mortgaAee becnuse o~ f{~e ~ai~ure o~ the mortgagor !o prompfly
and (ully ~~omply u~ith t{~e agreements, slipulations, con~iliorei and covenants o) snid note nnd !/~ta morigage,
ar eit{ipr; to pPrjorm, c-omply u~if{~ and abide by eac~ and euery !he agreementa, slipujations, condit[orta and
rovenants s~t Jorih in said nole ond lhis mortgnge or either. /n the enent !he mo?tgagor fai~.t lo pay w{~en
due any fnx, assessm~nt, insuran~e premiiim or olher siim of maney puyable 6y uirlue o~ said nole and thia
moriga,y~, or ~if~ier, Ihe mortgageP may pay t{~P same, wit{~out u~niving or a~~ecling fhe option to (orec~ose
or uny ofhpr rigtil hrrPUn~Ier, anrl all such paymenta sha~~ 6ear interrat ~rom date thereo~ at !he I~ighest ~aw-
~ul r~te Ili~n allou~ecl hy IhP ~au~s o~ Ihe State o~ Flori~a.
any sum o~ mort~y herpin rererred to be not prompl~y puid u~ithin 15 daya next a~ter
the samP b~~om~s du~, or i/ ea~{~ and ei~ery the agreements, slipulations. conditiona and covenanls oJ anid
note nn~{ this mo~l~ac~~, or ~il~er, are no! f ully perjormed, complied witF~ and abtded by, then t?te enlire
ium mentioned in said notP, and fhis mortgage, or ti?e entire 6alance unpaid fl?ereon, shnll JortF~wilh or
fhereafter, at fh~ option oJ the morlgagep. 6ecome and 6e due and Payable, anyt/?ing in saicl note or herein
to t~P ~onfrary notu~ifhsfanc~ing. F=ai~ure hy ttie mortgagee !o ezercise any o~ the righta or options ~eretn
pro~~irlc~~ sha~~ not coi~cfiful~ a u~ainAr o~ any rig{~ts or opfions unt~pr sai~ nole or this mortgage accrued or
1{~Prea~lor arrniinq.
~n ~itness ~~~L~ f~~~~ sai~ morf,qa,qor {~as hereunto signed anc~ sPa~e~ ftiese presents f~e
, ~ay an~ y~ar Jirsf ntio~~~ u~riUen.
$igne~. s~a~~c~ un;~ ~o~ii~~r~c~ tr~ 1{ir pr~s~nrP o~:
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_ _ ,90 .J~N 31--~-~~~'SB~1
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STATE OF FLORID.4, ~ S~ ~'~i~""
COl'\"IY c?F BROWARD ~
I HEREBY CERTIFY that on this day, before me, an
offir~r r1~ih :~uth:~rin•d in the St~tr aforesaid and in the County aforesaid to tak~ acknowledRments, p~rwnally a~peared
BRUCE A. ~E
tu m~~ ~.nf~wn t~~ 1H~ th~ p~ rwn dcscribed in ~nd who ~x~cutcd the forrqoin¢ instrument and he acknowl~dqed
I~fon~ ~nr that ilE? rxrcutcd the samc.
1~'ll \F.Sti ~ny~ hand and offic ial scal in th~• Countp and Stati~ last aforesaid this 3rd day of
January n. i9 90
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