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3. To pt.ce and contin'1ou1ly kHp on 1"- building1 naw or "'r..lI.r silual. on u!d Ilnd and on all .q"ipment Ind ~"onllly covered by ,hi. mortg.
aila. with all p<emiuml thereon :>Aid in full, lire In.uran<. in t'" '11'111 ".:-.dard po:ky fOlm, in a lum approved l,y Ih. MORTGAGEE, .nd ...,ind.,olm
imurance in Iho ulual "and.rd policy form, In . lum .pprov.d by ,he MORTGAGEE, In luch comoany or comp.nie. .. Iha MOIlTGAGH ",'y
dilecl; and all fir. Ind wind.iorn. In.uranc. policies on any of said buildingl, any Ir.lerul Iherein or parI 'hereof, in Ihe allllregate .um aforeuid 01
In ex,"" Ih.reof, ,hall conlain Ihe Ulual Itandard m<><lgay" chus. or luch Olher c1aule II Ihe Morlgegae may requir.. making Ihe Ion undor ..,d poii,
ciel, each andev..ry. pay.ble 10 said MORTGAGEE II ill Inler..1 may appear, and each and avery luch policy .hall b<l promplly "" gned and deliyer<d 10
any held by said MORTGAGE~ al fullher lecurily 10 Slid morlglga dehl. and. nol Ie.. Ihan Ian (10) dayl in advlnce of the expiration of each POliCY, 10 d".
liver to laid MORiGAGEE . "}ne....al thereof, tog.thot with a rl<.ipt for the pt.mium of luch .enewal; and ther. ,hall ba no fite cr winollorlll inSL'r.!lnc.~
placed on Iny of laid buildingl, an\' inlerell Iher.in or parI Ihereof, unlen In Ih.. form and wilh Ihe Iou payable 01 aforeuid; .nd in Ihe eyenl '1''1 .um
of money becomes payable under ",ch policy or oolidel I.id MOIlTGAGtc Ih.1I h...... Ihe opticn 10 receive .nd .pply Ihe Ume on dccounl of Ihe ind.:Lkd.
nt-II lecured h~reby or to permit said MORTGAGORS to receive and use it or any part there-of for olher pvrp'J)e~. ,....irhoul th_'f'-~)I '.'.,)1.1,1) Of IfI'P.JI'-
Ing Any equity. lien or righl under or by ',irlue of Ihi. morlg.g.; and In Ihe e....nl )lid MORTG....GQIlS .hall for .ny re..on f.il 10 keep the said premi,'" .0
imured, or f.il 10 deliver promplly .ny of Idid polici.. of in.uran,e 10 ..id MOIlTGAGEE, or fail prompll, 10 p.y fully .ny premium Ih<rclOl or in '''1
r..pecl hil 10 p..rlorm. di.ch.rg~, ..xecule, ..f1..cl. complele, comply wilh .nd abide by Ihi. coven.nl, or .ny pari hereof, said MOIlIGAGF nM>, pl.c., a,d
p.y for luch insur.nc.. or any p.rl Ih.raof wilhoul wliving or allfKling any oplion, li.n. .quity. or rig!,1 under or by virlue of Ihi. Mor'gage, .nd Ihe
full .mOunl of each and ..very .uch p.ymenl Ihall be imme<li.t..ly due .nd paylble and .h.11 b..r int.re'l Irom Ihe d"e Ih<reol unlil pJld al Ihe rale 01
n,ne per cenlum per annum .no:! logelher with luch interesl sh311 be lecured by lhe lien 01 Ihis morlg.ge.
.c. To permit, commil or luller no wute, Imp.irmenl or d",.rior.lion of ..id property 0' .ny part Ih.reof.
5. To pay .11 an<l lingular lhe co.ls, chargel and expen..... induding a reuon.ble ."orney'. fee .nd cost. of .b,'r.ct. of litle, incurred or p.id al
.ny lime by .aid MOIlTGAGEE, bec.u... or in Ihe ..vent of Ih. faiiure on Ihe parI of Ihe .aid MORTGAGOIl 10 duly promp,ly .nd fu;ly perform, d,l(hMge.
execute. effect, complete. comply with and .b;de by e.!lch and every the stipulaticns, agreemenh, conditions, and covenanh of s.!lld pro'ni':.)or)' note ,,)nc.l Ihls
mortgage any or either, and s.!lid cos.., charges and expenlel, each .nd every, shall be immediately due and p4Y.!lb!e; whether or nol th~~e be nollce d.~
miJn.d, attempt !-:;> collto or suit pendiftg; and the full amount of each and every such payment shall b€:ar inler-est fr:>m the date therecf lJl"ltil pdid at the
rdte of nine per celltum per annum; and all .aid COlts, charges and expenses ir".(urre-d or paid, tovether with such interelt. Ihall be Ic(ured by the lien of Inll
mortgage.
6. Th.1 (I) in Ihe evenl of .ny breach of Ihi! Morlgag.. '" default on lhe parI of Ih.. :/IORTGAGOR. or (b) in Ihe event dny of ..id sur,,. of money
her..in referred 10 b<l nol promplly .nd h;lIy paid wilhin Ihirl. (30) d.y. roul .lter ihe s.mo .overally become due .nd paYALle, wllhoul do",and or 1101,ce,
or lc) in the event each and every the stipulations, agreements, conditions and covenants of s,):d prominory note and t....II mortg3ge an)' or eJ1her "re nol
:luly, promplly and fully plrformrd, discharged, executed, "If,cled. compleled, complied with .nd .bided '?y, Ihen in .ither or any such evenl Ihe sd,d ^9
gregate lum mentioned in laid prominoty nole then remaining unpaid, with inte-relt a((fued. and all moneys secured hereby, ,hall become due and P3Y'
.ble forthwilh, or Iherealter, .t Ih.. oplion 01 l.iJ MORTGAGEE, 01 fully end completely A' if .11 of Ihe ..id 'um. of money were or'g",a;ly S1'pUi31.d
to be pt'lid on such day. anything in said promissory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the a.tJt~on of
soid MOIlTGAGEE, wilhout nol'ce or dem.nd, suil al I.w or in equily, therefor.. or Ihere.lte, begun, m.y be pro.e,uled ... ,f all muncys secured hercb f
had matured prior to III institution.
7. That in ~~e e'o(ent that at tJ-,e beginning of or at any time pending any luit upon this Mortgl.ye. 0:' to foreclose it, or to reform it, or to enforce
payment of any c1.!1iml hereunder, laid MORTGAGEE shail apr1y to the Court having iuri~diClion thereof fer the tlppointment of a R(,'(.'':I'.Jd, such Court shJiI
forthwilh appoint a receiver of said mortgaged property all and lingular, incll"Kf1ng all and singular the income, f'foflU. issues ard re'leIIL.eS Iro~n wh~te.'('r
source derived, ea;:h ard every of which, it being expressly underltavd. is her~by mortg::tged dS if speclfic.)!I'( let forth and describ,:d in !he granling and
habendum clause, hereof, and such Rc(eiver shall nave all the broad and effe<tj,,'e funcLons and powers in anywIse entrustt'd by a (ourl to a Rt:c.....j'ler, a:.d
luch appoinlme'"lt shall be made by such Court as an edmiltcd equity and a rratler of absol....te right 10 I!id '^ORTGAGEE, and without refcft..'1\cC to H!e
adequ.J(Y or inadcquac'( of the value of the property mortgaged or .0 the so:v-::ncy or insolvency of said MORfGAGO~ or the d(,'fer.dd'"1u. dnu If'Ll' such
rents, profits, income, issues and revenue I shall be applied by sLlen Receiver according tc the lien or equily of s.!Iid MORTGAGEE and the prdctlce of Such
Courl.
8. To duly, promp!ly .nd fully perform, di.ch.rge, execule, e/fec:, con'plele. com;>ly with .nd abide by eAch .nd ev.ry the s!ipulalions, agreemen's,
(onditions and (Ovenanll in sdld prominory note and this mortgage leI fOrln.
9. Th.1 in Ihe event Ihe owncrship of the morlg.ged premise., or .ny parI thereof, becom," ve.!ed in .. peroon olher than the MOIlTGAGOR, ,he
,\\ORTGAGEt, ill suCCeSSOrs and assigns, may. withoul notice to the MORTGAOR, deal ".vith such successor or luCccssor in ;ntcrest v.nth refpref\cc to thIs
mortgage tlnd the ci.-:bt hereby se.::ured in the lame manner lIS with Mortgagor without in any way vi!i,];:ng or ~Lschdrg;!~g ine '''\Orfgdgors' lidbilit)' hl.:re.
under or upon the debt hereby secured, No ~ale of the premises hereby mortcaged and no forbedrance on .he pari of the MORTGAGlE or its 'ucce!>sor~
or assigns dnd 1":0 ex lens ton of the time for the payment of the debt hereby ,ecvred given bi the MORTGAGEE Or its SUc(cssors or as',gnl, shall opt'~t1le
10 r~le.,se, discharge, modjfy change or affect the original liability of the MORTGAGOR herein, either in whole or in part.
10. It is specificall'( i'lgreed that time is of the euen(e of this con'ract and thai no wai ~er of any ob1igdllon hereunder or of the obJig3tion se.
(ured hereby shall at any time thereafter be held to be a waiver of the terml hereof or of Ihe instrument 'l.:urcd herby.
11 In. UdiTfOrl 10 the foregOIng monlhly p"yments of princ-p~1 and interest reCjui~t....d vy the prorn-ssorl "o'e 1,_.curcd hd':-U(. (ll0~'9t1rJO~ covenant\
dnu ayrces to t-)dY 10 morfgagee with each monthly paynl~nt an cHJdlfional sum C'sf;r.~a'cd b( mortg.!lgee to b\..~ NII),)I to I 12 of lh~ ~llllUJl ((;~l of Iho.: fo~,o."-
1119:
A--Ali rC'~1 propertl taxes levied or auened against Ihe above describ{:d real elfate.
B p, _'.'llUms on fire and windstorm insurar.ce al herein requ;rcd to be c~rrjed on th(! improve'l"lents S;tUdtc on th.J ob-ovc: dC~C~ib..:'d pr(,.'rniscs
C ~ P'C'illll..'r:1S 0'"1 such mortgage guaranly insurance iU mortgtlgee ,ha:1 from t;me to time deem fit 10 C,Jrry on Ihe loan secured hCrl'bi.
Morrgt"Jt:c sha:1 from time to time nOTify mortgdgor in writing of the amou...t d;Je llnd p.ilablc her..:'under anu such SU,n s"-u:1 th'~'r('upon b.~ due a:~d
rJycb~c on Ih~ dve d3te of the ne.:t monthly p~yment and each successive mO:lth ,heredft\.."f until mortgagee shdli nolify mO~1va(jor of a (h:r.:JC in SUr_;l
,)lli':)UIlI. Such sumS $hdd be aj)piled by m0r!gagce toward the payment of redl prop-crt'( tdxe~, insurance l-)(C:.,1U,11$, and rnorfY:lg.:, gu,H,Jntt in~vrdj~'':'"''
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MOIlTGAGOR h.. hereunlo set his hand .nd .e31
.. presence of:
d_rse.')
(S~al)
(Seal)
(5.,.1)
"foresaid
Sf ATE Of flOQIDA
~ SS
I
Smith
.nd
COUNTY Of _
st..
Ih..
Before me plllonally .ppe.red
Ratty R.. Smith
ind,...idual. de.cribccl in and who
his wife, to me well known llnd known to me to be
execuh,d lhe foregoing inllrumenl, end .cknowl.dged be for.. me Ih,t th.y executed Ihe same fer !he purposc\
Betty R. Snu th
Dewey Smith upon. .eparote .nd priv"e
examintll'ion by me taken leparate 4i1d apart from her laid hvlband, acknowledged 10 and before me that she executed said instrument freely and vol un-
la,ily And withoul .ny compulsion, cOnllr.int, .pprehe';}j~, or .!Jar of or from her .aid husband.
WITNESS my hand and ollici.1 seal this or~ day of
Iherein expressed
wife of Ihe SAid
And Ih~ said
Nolary Public in .nd for
My Commiuion expires:
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Ilelurn TCoO
first Federal Savings & loan As;.odation
Of ~ort PIerce.
Fori Pierce. florid3
L..1
Rallry PrJ'r,
At .a !C, Sl~!(' 0' ny:J.
y. (omma~;on f~;;,. '. ". C ~ll~rl;'!
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