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1. Ti place and cons:rvowly kae~ ,n tM Evitdis,pa now or he:'aafter,ahwtc, an ~ land and oa sff epuipt:sartt and ~arfw++iiy wvarad by this mortg-
age, with all pramlvr:,s tt,araon paid h, f,;ll, lira Inewana M the Wtlti xtartdard pssfky fwm. in • sum aPP+~ by tM MORTGAGEE, and windstorm
~ a aunt rf-Pro"ed isy tlsr MORTGAC~. In each corppany or oomPM,Iaa as ~ ~'» MiflRTGAGEE .may
Ina•,rarscra M Ifsa uowl atan.fard polky form, on any of said Ix,iidirpa, any {nterast tneraM a prrt tf,a;sof, in tM pyrapeta rim atorasaid or
d~rsctt and ail fire and windatarttt kuwartae clause a twGlt ether claw p tt» Mortyapsa may rrquin, rnakinq tM bas under said pol{-
M axcr~ theFSai, sfssll tuntaln the ewal ffMdard ntort?ayaa and each artd.evarY turfs PolkY ahtll be promptly ass;pnad and delivered to
cie1, NCh and awry, payable ro old MORTGAGEE as Mt ~~ ~deY6t ~'na kaw sfwl tan' (10) days M advanu o` tM explraticrs of arch policy, to da-
eny Mid by wM MORTGAGEE a further secsxl-y ro said mwtpege
Nvr to wid MORTGAGEE a nnawal thereof, nogether wMh a rauipt far tt+e premium ai twch ranaivalt and theta shall be no f'ua or windstorm insurance
pieced on any of acid bulldMga, any MtereN tlserein a Part tharpf, txt{asa,M, tM fp~rn erxl with ttse Ions payable as aforealdt and in tht want any vein
of money be:omes payable v.,dw -uch pollry a policl+a aid MORTGAGEE shall Mw tM optiGrt to receive ono apply iia same on account of tM indebted-
nsas secured Mnby or ro permit acid MORTGAGORS fd`rstcelw end va N or any part thereof for other purposes, without tharebr waiving or impair~
ing my equity, Ilan or right undo or by virtue of this rrsortyagat and in t)se event said MORTGAGORS shall for any reason tell ro keep the aiu premises so
lnwred, a fail ro d:livsr promptly any of Paid polkiea o., coin ~Mw(tlh an'd abide byGhis oveoan~ or sing p+rt Mre f, said MORTGAGEErmay place aid
rospact fail ro perfarp, discAerQe, execute. effect, cornple. P Y lion, liars, or r' ht under or by virtue of this Mwigrge, and tM
pay fur such Irxunnci or any part tMreof without waiving or affectlrg any op equity, tg
full amount of each and wary such payment aiseii bpi ImmediaMiy due and payabb acxr shell bear intsrrst from tM data thera~f until paid at the rc:e of
nine par centvm par anrwm aruf togetMr with such inrorast shall tea secured by tM lien of this mortgage.
4. To permit, commit or suffer rto waste, Impairment a datarioratbn of acid property cr any part thereof.
5. To pay ail- and singular tM coats, charges and expan-atb including • reaaanabla atturney't fn and coats of abttrscts of title, Incurred or paid at
any lima b; :±kf MORTGAGEE, beavse a In tM event of the failure on tM part of tM u1d MORTGAGOR to duly, promptly end fully perform, diuharge,
execute, effM, complete, comply with and abide- by each and awry the stipulaGOnU agreements, conditions, and covenants of 'acid promissory rwte and this
mortgag- any or either, and aid cats, chaff the full amount of each andrwery Isuch paymanttsihalldubearn ntsraa<bfrbAi tf+at data tMraofaumilMpaid1at td M
mend, attempt tc collect or suit psnd'rWt
rate of nine par centurrt per annum; and all said cosh, charges and expanses Incurred or p`d, together with w-ch tnterast, shah M secured by tM lien of t is
mortgage.
6. 1Ttat (a) in tM event of any breach of this Mortgage or default on tM part of tM MOQTGAGOR, or (b) in the event any o} said sums of money
Mrain referred to be not promptly and fully paid within thirty (30) days next after tM same saveratly become due and payable, without demand or notice,
or (d to tM event each and awry tM stipuiatioru, agreemartts, conditions and covenants of aid promissory note and th;s mortgage any or either an not
duly, promptly and fully perfwmad, dlscharsed, executed, effected, completed, complied wNh and abided by, then In ejtMr or any such evem the said erg
gregate sum mentbnad In aW promtattory Hula than ramalning unpaid, with lntwast aarued, and all moneys secured Mraby, shall berme due and pa y
able fonhwith, or tMreafter'hit tM u t~io~~ia~y ~~ ~ ICE thissMwtyagedto chi Icont,rry notwithstanding] and the!euponnor thereafterflatathe opt bnt of
to bs paid on such day, any ^fl
said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured Mraby
had matured prior to its Irutitution.
J. That to the event that at tM beginning of w at any ti o M Ccgn having ~vrpisdictiion~thareof forthe appoin~mert of a Receoiver,isuch Court shall
payment of any claims Mreunder, aid d~ORTGAG:E shall apply
forthwith appoint a receiver of said mortgaged property all and singular, Includ~rtg al~ndrsi~ Birlft'a 'nf rally setfforthsand de trirbed inethsr grarstingeand
source derived, each end every of which, it being expressly understood, is Mraby g g PK
habersdum clauses Mreof, and such Recalver shall have all the broad and affective functions and powers in anywise entrusted by a Court to a Receiver, and
such appointment shall be made by such Court es an admitted equity and a matter of absolute right to raid MORTGAGEE, and without reference to the
adequacy or inadequacy of the value of the property mortgaged or to the solvency or insolvtnty of said MORTGAGOR or the defendants, end that such
rents, profin, income, Issues and ravsnues shall be applied by such Retelver according to the lion or equity of acid MORTGAGEE and the practice of such
Court.
8. To duly, promptly end fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements,
conditions and covenants in said promissory Hots and this mortgage at forth,
9. That in the avant the ownership of the mortgaged premises, or any part thereof, fxcomes vested in a person otMr than 1M MORTGAGOR, the
MORTGAGEE, its tuccessoss and assigns, may, without rotics to 1M MORTCiAOR, deal with such av.cessor or successor in interest with reference to this
mortgage and the debt hereby secured in tM same manner ra with Mortgages without in any way vilietirsg or discharging the :Aortgagors' liability hers
under a upon the debt Mraby ;scared. No sale of tM premises Mraby mortgaged end no forbearance on the part of the MORTGAGEE w its successors
or assigns and no extension of the time for tM payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, shell operate
to release, discharge, modify cMnge or aft.tt !!:1 original liabilit~ of the MORTGAGOR herein, eitMr in whole or in part.
10. It is specifically agreed that Lima is of the esance of this contract and that no waiver of any obl,gation hereunder or of the obligation sr
cured hereby shall at any time thereafter be held to ba a waiver of the terms horeof or of 1M instrument scared herby.
1 i. Irt addition to tt•.e foregoing monthly payments of princ'pal and interest required by the promissory note secured heresy, mortgagor covenants
and agrees to pay to mortgagee with each monthly payment an additions: avm estimated by mortgagee to be equal to 1/12 of the annual cost of the follow-
ing:
A-All real property texas ivied or assessed against the above desuibad rest esUte.
B-Pren,ivms on fire and windsrorm inswance as iYirain required to be carried on the improvernMh situate on the above described premises.
C-Premiums on such mortgage guaranty insurance es mortgagee sMll from time to lima deem fit to carry on the loan r-ecvred hereby.
Mortgagee shall from time to time notify mortgagor in writing of iM amount due and payable hereunder and such sum shall therevpor be due and
payable o:t the due date of the noxt monthly payment and each successive month thereafter until mortgagee shall notify rriortga or of a change in such
amount. Such. svmt shall ba applied by mortgagee toward tM payment of real property taxes, insurance premiums, and mort~age yvaranty insurance
premiums.
IN Y/ITNESS WHEREOF, the said MORTGAGOR has•hsreunto at his hand and teal the day and year first aforesai .
~ n Se d deliv In tM presence of: u/ ~_ Mal)
' (Sea q
(Seal)
(Sea I)
STATE OF FLO»IDA t ~
~~ T.,,ni 6 1
COUNTY CF
~'`T'B~TIk A ~kTZbia end
Before me personally appeared
LIOl~~ ~' kllb i P -- his wife, to ms well known and known to me to be
before me that they executed the soma for the purposes
the Individuals described in and who exxutsd tM foregoing Instrument~kQw ~bi~
Therein expressed. And tM ai' ~ upon s separate and private
wife of the std Frt;tnk A Skubi r'
examination by ms taken separate and opart from Mr uid husband, acknowledged to end before me that sM executed card instrument freely end volun•
tartly end without any compulsbn, constraint, appr~he}nsEdy or fear or yr horn her aid husbUand. mb ,4, D. 1962
WITNESS my hand end official sal ihit~h day of
Notary Public 1 and for tFs State of Florida at large
My Commission expires: ~~T--~~~.
.~
First Fadenl Savir>7a b loan Associston ~ ~ +.~Q; '' .r,~
Notary Putlic, State o. Florida at Large :~11 ....,,~ % :. ~~
Of Fort P,etce y, " •'
Fors Pierce, FI + My Commr,ss on Expires ila~ch ) ), 1966 ~ ~ as'
~~ Bonded by Amer.can Surety Co of N `~~ '
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'~•::~~~~``~~;:~~ i962 DEC ~ ~ ~ a
'"''""",'~~ ROGER pOtzRA5,
- ~ St, I.UClE CUUNTI, FIORICA ,
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