Provided always and these presents are on this express condition
that if the said C.A. Simmons or his heirs executors or administrators
Shall well and truly pay unto the said party of the second
part his heirs executors or administrators or assigns the said
sum of money mentioned above and in their note with interest
according to the true intent and meaning thereof together with all
costs charges and expenses including reasonable attorneys fees
and commissions which the said party of the second part may
incur or be put to in collecting the same by foreclosure or otherwise
and shall pay all taxes and assessments levied or assessed on said
mortgaged premises, and shall comply with all the covenants in
this mortgage and pay all the moneys secured thereby that then
these presents and the estate hereby granted shall cease determine
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 their promissory
note and secured to be paid as aforesaid, and if default be made
in the payment of the said sum of money or any part thereof
as provided in the said note and this or if the interest that may
become due thereon or any part thereof shall be due and unpaid
for the space of Mortgage, then and from thence forth 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 note as due and payable and the said parties of the
first part hereby further covenants 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 the said premises
during the continuance of hereof and to pay all costs charges
and expenses in collecting the moneys hereby secured including
reasonable attorneys fees and commissions whether collected
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 note and mortgage Stipulated 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 in the presence of } C.A. Simmons (seal)
J.D. Bell } M.M. Simmoons (seal)
W.J. Sykes
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