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3. To pllco Ind c""linvoully kup on Ihe buildingl now or herelftlr litvUe on uid Ilnd Ind on III eqvipme<>t Ind pellonllly coye'od by tt.i.' morlg.
Ige, wilh III p,emhJml thorlOn plid in fvll. fir. Inlv,anco in t'" VIVI' ".ndl,d policy fo,m. In I Ivm .pprov,d by tho MORTGAGEE, .,,~ """dllO''''
Inlv,"nca in Ih~ vlvll Itlndard policy form. In a Ivrn IpP'.oved by the MORTGAGEE. in. Ivch compeny or complniel II the MORTGAGEE. ",af
direcl; and .11 fir. and wind,torm Inlvran<e polici.1 00 eny of uid build'ngl. Iny Into,e.1 therein or plrl thereol. in the Igg'eglto lum Ilore.a,d 0'
In uce.. Ihareof. Ihlll conllin Ihe UIUI' Itlndard morlglg.e c1lule or .uch ol"'r c1lule .. tho "'.Orlglgeo mlY r.qu"e. mlking Ihe Iou und.r ..,.j po!,.
ciu, ..ch Ind .very. p"y"ble 10 .aid MORTGAGEE It II. inte,..' mey Ippelr, Ind each Ind avery Ivch po!;cy ,hili b. p'omplly .U gn.d and deliyer,",l 10
Iny hlld by uid MORTGAGEE It furlh.r .<<urity 10 ..id mortglge d.bl. Ind, nol I... Ih.n ten (lO) dlYI In advance 01 the upi"'io,, 01 OI,h poli'f. to de.
liver to uid MORTGAGEE I renewII IherlOf. loge'her with a receipl fer Ih. premivm of luch ,enew.l; .nd Ihe'e .h.1I bo no l>fe or wind. I",," in.uranc.
place.::f on .ny of Ilid buildings, any int.(~lt th.rein or p.rt thereof, unleu In th. form and with the _Iou payoh!e a' aforesaid; 4nd in the event any lulll
of money bocome. p"y"ble und.r luch policy or pol:ci.. uid MORTGAGEE Ihlll hive the option to receive Ind apply :h. I.'''e on ."ounl of Ih. indebted.
nett ..-cur.d hereby or 10 permit .,Id MORTGAGORS to fvc.i.... .nd ule It Of oint pMt thtueo; for 01h~( purpC'h'" .....th__Lf 'h-_'r, ~'t ....,1iw'I'~1 or lPllP,'ll'
ing .ny equity. lien or riQhl und.r or by virtve of Ihil mortglge} Ind In the ev.nl I.;d MORTGAGORS ,hili ,,,, .ny r...or, f.il 10 keep Ihe ..id premi.e. '0
insured, or fail to dei,ver promptly any of laid po;lc:el of if'!sur.nce to laid MORTGAGEE. or hll promptly to pay fully en,; ~)fl.;n,urn :h~r\..tor or in an"
re'~ct hit to perform. diuharge. exc-cute. effect, complete, comply with and .bid. by this (oveno\nt, or any p~rt hereof, lj:d ,a..:"'ORrCAGEE mJY p!"ce ~ ~d
pay fOf such Insurance or any part thoteof without waiving or .ffecling any option, lien, eqv;t'r'. or :ight un'iter or by virtue of ,hi!> Morrg&ge, Ind the
full Imount of each .~d every such payment sh.1I be immediately due and payable and sh.sll be.!r interest froHl the d.:lte the:t"ol ullfil p31d .:.1 the relte ,:,t
nine pcr centum Der annum and together with ,uch in'~re.t Ihlll be lecur~d by tho lien of thil mortg"ge.
.c. To p4frmit. commit 01 suffer no waste-, imp"irment or deterioration of laid properly or any pari Ihereof.
5. To pay ell .0<1 IJngvl" the cosl.. charges .r_d .xp..nles, including a ri!esonabti! attorne-y', fee ~nd co." of !bstrc!'lCIs of tit~e, inCl'rred or P_1IU aT
.ny rim. by ..,d MORTGAGEE, boclu.. or In th. evenr of the hilv,e on th. p.rt of the I.id MORTGAGOR 10 d"ly, promplly and fv:l; perform, d,sch.,y"
e)(ecute, effect, complet., comply With .nd .b:de by e.ch and every th~ Itipul.tlons, agreemen'.. condi'lonl. and coven"nh of sl'!:d prollliHOry noh: -",d It'll
mortg.!g& any or eith,r. and said CO.tl, (huge. and e.ot.pen.Ct', each and e\lery_ Ihall be imrnedl.!llely auo and payablo; whether d. not there b~ noti\:.t' d....
lI'and, allempt to collect or luit pend;Olj;li and ~he full arnvloIot of each and every ",:"'h payment shall bear in!ereSl from the dele tht'reof unlil p~id "t ft,e
rilk of nl1le p~~ centUrH per annum; and ail laid (OSII. charge, and expe1ltCI incvrred or paid, together With lu~h tntrresl, .hall be sf=cvred by the lien of th,t
motrgage.
6. That (.) in th. e'.enl of Iny brelch of Ihil Mo,t\l;.ge cr d.favlr on 1M port of Ihe MORTGAGOR, 0' (b) in Ihe .v.nl Iny of ..;d I"nn. of money
herein referred to be not promptly Ind fully paid within tn;rtl ~30) days next aher tne SdTne seyerally beco"ne due .!r.o fl;,yable, WIthout dt:mdnd or n:..t,ct',
or (c) j" tho event e.ch and every the stipulationl, agrtementl. conditions and covenants of sa,d promissory note 8nd thIS mortgage lint or eIther 5re nol
~uly. p,omptly Ind fully perfo,med. d,,,harged, execuled. eff.ered, cC'mpleled. compl,ed ....ilh .nd .bided ....y. then in e,lhe, or .n, .u,h eyenl Ihe ...d 'Y
gregate sum menlioned in laid prominory nore then remaining unpaid, wit" interest accrLJed, and a~1 mon~)'1 lecured hereby, sh4:1 b....come due ~nd pa)'
.ble forthwith, or ther..her. .t the option of IJid MORTGAGEE, .. fvlly .nd ompl.rely .. if .11 of fhe ..,d 'um. of money were o"g,,,.lly ",pu:,,,"d
to be p....d on such day, anything in laid promillory nore or in this Mortgage to the contr.!ry notwith.tanding; and ,hereupon or thcre.,frer at the o~J'lon uf
,.id MORTGAGEE. wiltxlul norile 0' demlnd. ,uil II II"" or in equity. therefore or Ih.r..he, bellun, may be p,o.ecuted .. if .11 mone.,I .ecvre,j h.reb,
h~d matured pflor to itl institution.
7. That in the evenl that .t the beoginning of or at any time pending any suit upon thi, Mor1gage, or to foreclose it, or 10 reform it, or fo cnfc,rce
p~Yrncnt of any claims hereunder, laid MORTGAGEE sh!11 dPply to the Courl having iUflHJict;on thereof for the appo:n1rnenr of a Rt:"cej"~r. sv;:h C':'..Jrl S!ld;\
forthwith appoint a receiver of laid mortlj;laged properl( all and sir.gular. inclvdlng all and sillgu!"r the income. profits. Issues ond rcvenv{.'S f,o~n .....hJI~_'r:r
source deri,,'ed, (,4ch and ev~r'r' of which, it being exprcssly understood, il hereby mortg!:ged 41 if specificol!,. let fO/,h and deSCribed in ,he g~d!lllfIJ c'p:d
tUlbendum (I"Vlel hereof. and such Receiver shall ha....e all Ihe broad and efff:(.tive funct,ons and po.....ert in anywIse entrus1ed by a Court to d ~t'(l"..l\t'er. d,.d
I\..c:h appoinlment sh311 be made by such Court al an odmirted equitl and a matter of absolute right to said 1...0RTGAGEE, and Without r~f('r,-,"c.\...' to th~
adcquocy or inadequacy of t~,e value of Ihe property mortgaged or 10 tne lo,vency or insol....cncy of said ....'ORrGAGOR or rhe dcfe'lo,Jnts. (~::u Ilut suc.h
rents, profits, income, iuue'I and revefl'Jel .h311 be applied by such Receiver ~ccordlng 10 Ihe lien or equit,. of saId MORTGAGEE dnd the p:~C!i~e of s:.Jch
Court.
8. To duly, promptly and fully perform, dilCharge, e.(ecute, effect, complete. comply with and l!Ibide by each and every the S1ipul.5fions, agreements,
condition, ond covenants in IJ.d promiuory note and this mortgage let forth_
9. Thllt in the e,,'cnt the ownership of the mort9~ged premises, or any p~Ht thereof, ~comes vested in a person ether thJn the MDRTGAGOR, the
MORTGAGEE, its IUCCeSSOrs and 8uigns, may, without noflce to the ".~,ORTGAOR. dedI with luch successor or successor in InlerC51 .....Ilh rdc-rl'Ilct...' to th:i
:nortgage tlnd the deb! hereby secured in the same manner 8' with 1.'ort9"90r wifhovt in any w~y vitIating or d:sdlarg:ng th~ ...~0rfgd(Jors' 11:3:Jillt'{ here-
under or upon the debt herebt iecurcd. No sale of the premiscs hereby mo~rgaged lInj no forbearance on the J..-ldtt of ,h~ MOR!,_,A.GlE O~ "1 SvCCt:~5~)r1
or assigns and r,Q c:Jl;'ension of the time for the paymenl of the debt hereby secured given b'" lhe ^~ORTGAGE E or Its SlJ("cuors or ~n':Jra. sh.'ljj O;lcri1!e
to releue, dIscharge, modify change (lr affect th~ original liability of the N\ORrGAGOR here;n, either in .....ho~e or in part
10. It is specifically agreed that time is of the el1ence of this contract and thdt no waiver of any ob!:gallon hereunder or of th~ ob~igar;on St.".
cured nereby Ihllll at any time thereafter be held to be a wdi....N of the termS hereof or of the ;nSYrument secur(:d herb(.
11 In ,\jd,"i~t) 10 the fort.~go,ng .no'llhl., ~d'rn~l.'nts of J.-HII1C v"l lInd in'__'[Pi' fcr~v,reJ h, the rrorr !o~(;r"l no': S c,:~.,.d ht'~' l~.., fJlCr~ Jlq,,~ co'.'<-~rU'I~:.
4nd agree' '0 pay to mortgagee \..ilh each monthl)' J.>ll)'ment drl addd;o:1l1l lurn I'Slltndtf'd Vi rnorrg~get:' to L:.:- cquv f.:) 12 of !f1__' .:I:~~u..li (':~I uf :1:, fO,O.'.-
In9:
A -All rCdl propertt taxes Ic....i('d or as!e~leu against the above described r~..,l es'.te
B -Prt'miUillS on fire dnd o".indS!O'n1 in'lur~[:ce <dl hc[ein reqUired to be c.Hr,...,J 0'\ tb,-, :rnp.(.....L..nf'lIlt 5~U.'!L' on 111,", }h;)"c d,',c'd" d p"'I1I~('!>
C Prt..',fiiu'n, on luch mortyage guaranty insur<'Jncc ~s rnortg-'gce shall frQrn r,ple IL' '1'T1~' d'_'l'"~:l fil 10 C,Hr', orl 'he !o~n 5._.cur, ,I h-rl':'(
Mor'931c(' sh.1:1 ~rorn time to time notIfy mcrtg~gor In writ:ng of the a'l~Ov~lt d,)~ dnd ~"\.,..'Jb!<,, h('rcur',!(.r ,:,nd ~.,dl 5;,1 I' ~h,l'l Tr:.'rl~"}I'(_1I1 t~;. dVl' ,'l"d
F.Jr.1b'e on Ihe dUl' dJIC" of !he fl,-'''' P1onthi'i P-'Yllicpf a;,d e,~ch succeuivc "\Orllh tht"reo"fter vrlll; fl1C.'lc:PJt'\..." !oil t~i nll,.fi rllU"~" I,.r (,f 1 (t",nJC' In L h
,1.'lOunt. Such sums sh.~;J Le .lij',!ll'd lJ.,. rnor'gd';jee 10o".'Md the parmer" of rt...~: prcpert'r' rdJ'C', In'lJrd'~ce p'._':n VlilS, ".ld rI1GII':.p'Jt' y..r"',ll <11"< r~H:t_'-.:
prer11fun,s
IN V/IHHSS '''HEREOF. the uid MORTGAGOR ~,a. hereunfO set his h"nd Jnd St.:.)l Ihe d3'( dnd ..,.e~r fir,,' af0rl".'s,,:d.
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Ihe indiVidvII, de",ibed in Ir,d who executed Ih. lo,~oi"\l in.lrvm.nl. .nd .ckno....:.dged before me th.r they ueculetf'/ t~~. fo, ,(w!'.~u'r<<>'"
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examinalion by me t4ken separate and ap-'rI from her uid hUlb~nd. .!Icknow:edged to ~nd before me thdt she e~ecuted !ll;d inurumen1 freel)" ana '..o;un-
tarlly .nd withovl .ny cO",pv:'i~n,. comlrlint. IPpr.hen;yr fea, of 0' from he, ..id hv.b.nd. ." J _
WITNESS my hind Ind ofll,,"1 ...1 Ih,,___ ---- dlY ol~~,---l~l{::...L:...(/=_--' A D. l<K:l_
- Notary Public in and for the State of FlQrid" ~t LHQ&
My Commission e;;r;pirel:
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BonJe:i Dj' MIIlt.::,c..JiI :)JretJ 1..';.) -~.
Lucie
55.
STATE OF flORIDA
COUNTY OF ____$j~ e
ROft"n To:
First f~derll S3yingl & loan Auocil!t.or.
Of For~ Plerct'.
FOrl.'itrc., Floridl
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