and described premises unto the said party of the second part
his heirs and assigns to his own proper use benefit and behoof forever
Provided always and these presents are on this express condition that if
the said parties of the first part their 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 of money
as specified in the said note for One Thousand Dollars 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 contained in this Mortgage
and pay all the moneys secured thereby that then these presents 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 and if the interest that may become
due thereon or any part thereof shall be due and unpaid for the
space of One year 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 the said premises
during the continuance hereof and to pay all costs charges
and expenses in Collecting the moneys hereby secured including
reasonable attorney's 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 promissory note
aforesaid and said moneys necessarily paid by the said 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 Florida In Witness Whereof the said parties of the first
part have hereunto set their hands and seals the day and year
first written
Signed sealed and delivered in the presence of } Wallace E. Rice  (seal)
               Ned E. Farrell                  } Mary E. Rice    (seal)