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3. To pla<~ .nd contlf<.lc.vlly kHp on the buildl"". now tit her..ft... .ltv.I. on ..Id lend .rtd.po .11 equl~nl .nd ~"on.lly covered by Ihls mo"~
ag., wilh .11 pflmlurN Ih.reon paid in full, fir. INuflnc. In ihe u_1 'I.oderd polky fOf'M, In . lum .pptoved by'.... MORTGAGEE, .nd wind.tor:ll
Insur.ne. In th. ulu.1 II.nd.rd policy form, In . .um IpplOYed hy tt.e MOIlTOAGU, In weh COtr'P'''''- 0' com~nl," II 'h. MORTGAGEE m.y
direcl; .nd .11 fir. .nd windstorM NUl.nee pollcle. on any of Mid bullding.o, any Inlere.I I"'r.ln or part t"'rlOl, In I'" ~r'g.I. lum IIor.uld or
In u:c... Ihereof, thall conl.ln the Vlu.1 Ilenelerd I\)ortg~ cI..... or auch other c1.UM .. the Mortgag.. MaY require, mbkl"iJ I'" Iou under uld poli-
ci.., each .nd .v.ry, pay.bl. to Mid '''ORTGAGEE .. Ita Inl.....I mey apfM.r, .nd .neh end .vuy .vet> policy .h.II be ptompl!y ...,g""d .nd d.!iver.d 10
.ny ...Id by Itid MORrGAGEE .. further Mcurlly 10 Mid mortg~ debt, .nd, not I... then ten (10) d'YI In .dv.ne. of Ihe explfllion 01 ..ch policy, 10 de-
livlf 10 uid MORTGAGEE. r_w.1 tt..,oof, logelher with. rec.lpt for the ptemJum of .uch renew.l; .nd It..r. .h~1I be no fire' or windstorm Insur.nc.
pieced on .ny of uid buildi""., .ny Inl.re'I lhere'n Of' ~rt -'It..r..,f, unl... In tt.. fonn .nd wllh It.. Ion p.y.bl. II .for.l.id; .nd In Ih. .v.nl .ny lum
of mon.y bC>com.. p.y.bl. under .uch policy Ol policlel tlld MORTGAGEE ....11 heve the option 10 rec.iv. .nd .pply Ih. ..m" on .ccounl of 'M Indebled-
nen lecur&d M,.by or 10 ~rmil uld MORTGAGORS '0 rec.I". .nd UH It or .ny pltl 'he,.of for olher 'pv'posel. w;,houl Ihor~bl w.i.ing or Impir.
ing ony equity, I'en or lighl under or by virtue of Ihl. mortgege; .nd In tM e'...nl wid MORTGAGORS .hell for .ny r,,"oo fell 10 keep th. uid pI.milel so
imured, or fail 10 delivlf plomptly any of said policie. of In.u"nc. to uid MORTGAGEE, 0< hil promplly to poy fully ony premium Iherefor or in ony
r.spe<1 fail 10 pe"orm, disch...g., .x.CUle, .ffee', compl.I', comply wilh .nd .bid. by Ihi. cov.nanl, or .ny parI hlfeof. .aid MORTGAGEE may place .nd
pay fo< .v.:h Inlurane. or .ny part lhereof wilhoul w.ivl"" or .ffeetlng .ny oplion, Ii.n, equity, or rlghl und.r or by ...Irtu. of Ihi. Morlgage, and Ih.
full .movnl of .ach and .v.ry .uch payme..I .h.1I be immedi'Iely du. cnJ ply.bl. and .hall bear Ir.lare., ftom 1M dale thellor unlil paid " ,he rUe 01
nine per c.ntum per annum and log.IMr with .uch inl..e., sh.1I be ..cur"'" by It.. lion of Ihi. mo<'g.g..
4. To ~rmil, commll or .uff... no Will., Impairment or deleriorallon of uld pro~lty or any parI IMreof.
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5. To pay all .nd .lngul.. lhe cosl., cherg.. and .xpeMe', ineludi"" . r.llon.bl. '"o<ney's fee .nd Cosll of abllractl of tille. Incurred or paid al
any lime by $lid MORTGAGEE, becau.. or In lhe .....nl of lhe f.llur. on the plr' of th. .aid MORTGAGOR 10 duly. promplly and fully periorm. discharge,
execute, effecl, complel., comply wilh .nd .bid. by each and every Ih. .lipul.lion., egreem.nl., C<:Indilionl, and co....n.nl. of said promissory nole and thi.
mor'g.ge any 0' .ither, .nd uid co..., cherg.. and .x~n..., ..cr. .nd every, .hall be Immedial.ly due and p.y.bl.; whether or nol Ihere be notic. de-
mand, allempl 10 collee' or .uit ~nding; and Ih. full amounl of eaq, .nd .v.ry luch paymen' .hall be.r inlerest from Iha d.te IMreol until p.id U Ih.
r.le of nine per cenlum ;>er annum; and all uid CO"", charg.. .nd expan... incurred Cf' paid, 'ogalhe' with .udriAl....I. .h.1I be .fKured by the lien "f Ih,.
mortgag..
6. Thll (a) In Ih. .venl of .ny br..ch of Ihi. Morlgag. or defeult on lhe part of I'" MORTGAGOR; or (b) in Ih. .venl .ny of uid .um. of mon.y
herein r.ferred 10 be nol promptly and fully paid within Ihirly (30) day. nexl aher Ihe ume severally become due and payable, wilhout dem.nd or notice,
or (c) in I~ ev.n' each .nd .very lhe .lipul'lion., agreements, conditions and cov.nanl. of uid promissory nol. and Ihil morlgage any or either .r. nol
~uly. plomplly ar,d fully pellorm&d, dlscherged, .xeeuled, .ffec:ted, compl.ted, complied wilh .nd abid.d '.ly, lhen in eilher 0' any .uch event Ihe IIld ag'
gregale IUm menlioned in said promissory not. lhen rem.ining unpaid. wHh int....1 accrued, .nd .11 mon.y. lecured her.by, Ihall become due and pay.
able lorlhwith. 01 Ihere.ft~. 1\ Ih. oplicn of said MORTGAGEE, II fclly .nd compl.tely .1$ If .11 of Ih. laid .um. of mon.y were ollginally .tipulated
10 be paid on .uch d.y, anYlhing In uid promissory nol. or in Ihi. Morlg.g. 10 the conlrary norwittulending; .nd lhereupon or Ihere.her al the oplion of
laid MORTGAGEE, withoul nolic. or demand, luit .1 I.w or in equity, therefore or Ih.re.fter begun, ",ay be prctsecul&d II if all money. .ecur.d hereby
had matured pnor to if. institution.
7. Th.1 in Ihe event 'hat al Ihe beginning of or al any Iim. pending .ny .uit upon Ihis Morlgag., or 10 foreclo.. ii, or 10 relorm iI, or 10 enforce
paymen' of .ny claim. hereunder, ..id MORTGAGEE .hall .pply 10 Ihe Courl h.ving juri.diclion Ihereof for Ih. appoinlment of a Receiver, luch Courl .h.11
lorlhwith appoinl a recei".. of uid morlgaged properly .11 and .ingular, Includ,ng .11 .nd .ingular Ihe income. proll... issues and re".nue. from wh.tever
s ,urce d.rived, each .nd every of which, il being expr...ly undelltood. i. hereby mortgaged as if lpecilically '.1 lorth and desc,ibed in Ihe granting and
habendum clauses hereol, .nd .uch Receiver Ihall have all th. broad and .ffective functionl .nd power. in anywi.. enlru.t.d by . CO-Jrt 10 a Receiver, ond
luch appointm.nt .hall be made by luch Courl II .n edmilled equily .nd . matler 0; absolul. right 10 uid MORTGAGEE, and wilhoul reference I.) Ihe
adequ.cy or inadequacy of Ihe value 01 Ihe properly mortgag.d or 10 Ih. .ol...ency or insolvency 01 said MORTGAGOR or Ihe defendants. .nd Ihat .ueh
rent.. proli... inco~, issues and revenues Ihall be applied by .uch Receiver according 10 Ihe li.n or equily 01 said MORTGAGEE and the practice of .ueh
Court.
8. To duly, promplly and fully perform. dilcharge, ex.cule, eif.c', complele, comply wilh and abide by .ach and every Ih. Itipulations, agreement.,
conditic:'ll and CO'w'E'nanh In laid promiuory note Ind thil mortgage let fOftn.
9. ThaI in Ihe .venl Ihe ownellhip of Ihe mortg.g.d premi.es, or any part 'hereof, becomes v..ted in . perlon olher Ih.n Ihe MORTGAGOR. Ihe
MORTGAGEE, it. SuCCenorJ and assigns. may. without notice to the MORTGAOR, deal with luch succenor or Successor in interest with reference to this
mortgo!lge and the debt hereby ,ecured in the same manner al with 1.-\ortgegor without in any way vitiating or discharging the Mortgagors' liebility here-
under or upon Ihe debl hereby .ecured, No ..Ie 01 Ihe premile' hereby morlgaged and no lorbe..ance on the parI of Ihe MORTGAGEE or il. 'ucceUOII
or assigns ~nd no extension of the filf"e for the p.yment of the debt hereby lecured given by the MORTGAGEE or itl succeuors or anigns. Ihall operate
10 r.I...., discharge, mod;fy chanlle or alleCl Iho orio;na' liability of Ih. MORTGAGOR herein, eilher in whole or In part.
1 Q. It is specifically agreed Ihat time is of the t!uence cf this contract and that no waiver of any obligation hereunder or of the obligation se-
cured hereby .hail at any rim. Ihereafrer be held 10 be a waiver of Ihe terms hereof Of 01 1M instrumenl .ecured herby.
11 In ,)(ld,tion to the foregoing monthly payments of princ'pal and int~relt required by the prorn:uory note secured hereu" mortgagor covenants.
dnd 09r('('s to pay to mortgagee with each monfhly payment an addItional sum estimated by mortgagee to be equal to 1,.. 12 of the arl',ual c.ost of the fo:lo...-
lng:
A AH rcal J,....roperty taxes levi~d or asse-ned agair,!.t the above described real estate.
[) Prt.'f-:lIUr-'S on fire and windstorm insurance as herein required to be carried on the imp,ovements situate on the above described premises.
C P(('jfliu~T1S on such mortgage guaranty insurance 81 mortgagee Ihall from time to time deem fit to Cdrry on the loan secured hereby.
MOrfg.Jgee sh,J:: from time to time notify mortg~gor in wri'ing of the amount due and paYdble hereunder and luch sum Ih.Jd thereupon be due and
P''''Y,J~\e on the dwe r:iaTe of the next monthly payment and each succenive month thereafter until mortgagee shall notify mortgagor of a change in svch
('I!:~Olinl. Such Hnns shJll be appiied b,' mortgagee toward th~ payment of real property taxes. insurance premiums, .3nd mortgage guaranty lnsuran.:e
p.'emivms.
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hereunto .el his h.nd and le.1 Ihe d.y and year lillt alore.aid,
;;..". '>h~2t--<ch'~:::
(Seal)
(Seal)
STATE OF FlOR'D.'\
COUNTY OF '______ St. ~e
55.
Belore me pellonally .p~ared
LA1H'fi
NR~' ,TAnnpP',QlI, .CJ ~-Ine;le ~nI11t, ...nd
4M~., 10 m. well known and known 10 me 10 be
acknowledged before me Ihal3h<< executed Ihe .ame lor Ihe purposes
Ihe individua~ delCribed in and who execuled !he foregoi"" instrumllnl, and
Ih.rein express.d. J>..r-.e ~ .aid
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WITNESS my hand .nd official ...1 Ihi.
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