otherwise and shall pay all taxes and assessments
levied or assessed on said mortgaged premises
and shall Comply with all the Covenants Contained
in this mortgage and pay all the moneys Secured
thereby that then these presents and the estate hereby
granted shall cease determine and be absolutely
null and void. And the said parties of the first
part for themselves and their heirs executors and
administrators do hereby promise Covenant and
agree to pay to the said party of the second part
his executors administrators or assigns the said
sum of money and interest as mentioned in said
promissory note and secured to be paid as aforesaid
And if default shall be made in the payment of
the said sum of money or any part thereof as provided
in the said promissory note or if the interest that
may become due thereon or any part thereof shall
be due and unpaid for the space of thirty days
then and from thenceforth it shall be optional
with the said party of the second part his executors
administrators or assigns to consider the whole of
said principal sum expressed in said promissory
note as due and payable. And the said parties of the
first part hereby further Covenant promise and
agree to and with the said party of the second part
to pay all taxes and assessments that may be levied
or imposed upon said premises during the Con-
tinuance hereof and to pay all costs Charges and
expenses in Collecting the moneys hereby secured
including reasonable Attorneys fees and Commissions
Whether Collecting by foreclosure or otherwise; and
any and all sums of money paid out by the said
party of the second part by reason of the default
of the parties of the first part to pay the money
so Stipulated or to Comply in any respect with the
Covenants of this Mortgage shall draw interest at
the Same rate as the promissory note aforesaid
and said moneys necessarily paid by the party of the
Second part shall be secured by this mortgage
And the said parties of the first part hereby waive
all right of homestead and exemptions granted
by the Constitution and Laws of the State of Florida
In Witness Whereof the said parties of the first part
have hereunto set their hands and seals the
day and year first above written
Signed Sealed and delivered }   John B. Ley  (Seal}
in presence of              }   Mary E. Ley  {Seal}
John T. Graves              }