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.n ei,naspe~oeabi~? .aa q~tl~? ~o anee~ u~o~, ~oW~oooup~? .pa ~jo~? .~a lwa; a+k ..,a j.pa r tro. reao .n ~~~b~anoa:
that wiIl m~ks sw~ EiutLar a~nnoa 14 pe~~eat e~•ia ~Imple tkM 10 ~i~d L~od ia tlw A~oolatico ~ may rea~oa~W~? bs
~u
a~U p~rsan* who~oe~. wur~nt da tlds ~~aid~ 4u~d aod wl11 deEaod t6e ame ~gab~t ths lawfW dai~t aE
PROVlDSD ALWAYS t6~t if tlie M ~6a11 w~ait sad vul~? Par ~Eo tbs Assb~elatioa, tbe indebtedneu evldaioed
by c~.c oe~ ~~oy 4oee, o~ ~ aa~s~~ m.~e br d~e ~o~on .pa p.y.~e ~o c~ ~o~+.c~, w~e p~?ar~
Fourteen Thoueand Seven Hundred and ~o j,~00 ~-__pol,,, ~_14;.?00~ 00__
sum of . . . i .
,uhicl, mce, ~og~r,+v;a, mce~c d~e~oa u a~ spec~iea, is p.yable m ma?chl~? m~alh~b of.-----~.~s*-11-~e---
on March.2.,.__18~~....~.?.~..~6 ~u~ Qn.ARr.~tt..2....1965~,--8ndS?.NE..HII~~DB~FD.x:IGHT.AND._.__..._._-
NO[ 100_
~ 108.00
w _ . _Do1Lrs
on the~.___..2nd.~__...day of e~sh month connma~dag with_...._.- MBy...2~_3.8g~ which puya~ents
•re to be applied. 8nt to intecat. and ti~e balanoe t~ prladps[. untll sdd bdebtednea b paid la EuU, and sh~11 ~
with and abide by eoch and eve~iy the ~~ipulatio~. sBreeme~t~ omd&ioas and co~veo~nb af ~id p~+omis~oey
n~ote
aad
~ ~~Sa~ ~~g any sdv~noes ?~e by ths Assodatia? to tLe bloetg~gors. cr t6eLr p~ooes'ors in tldr~ Eoe at?y purnose,
at u?y time beEoc~e t6e rekase and canoeAat~ of t6is mo~tgage, bnt at no time shdt this a~at~jags sec+~~e advu~oes an aooount
of said aigiaal note tiogether wlt6 such additional advances ia a sum in exoe~ af ~~TEEN THOUSAND _ !
__SEVEN HUNDRED AND NO~100 ._~,~s (i_.1.~,~,.0.~j p~c .ny advanoes neowary g
co~protect tbe secudty wd costs, the~ this daed and tba artate bereby created shaU ce4se and be nuq and v~oid. ~
AND THE MORTGAGORS DO haeby a~v~ant and agree: '
1. To poy all and singular the p~'pal ~nd int~est ~nd otha sums af moaeY P`Yabb bY. virtuo of said poanLsswy inote ;
and this mo~tgage, or either, promptiy o~ the daY: raspecdv~iY the same se+Krally c+~e due, ~
2. To pay all aad singuLr the ts~ces, asses~ooeab. bvks, tiabilitks, obligatioas ud lacumbrancas of eveEy nature aod kind
now on said described peupedy, or thst h~fter may be~~~IF eio~ed~dnas~fs~~~ or w:sested tLes~eon, or t6at ba+eafter
may ba kvled. or assased upon t~ Matgage, o~ tbe ~ hereby, cach and every~ wbw due and pa blc, :
aooording to law~ before tLey beoome deW?queat, aad before any intaest attad~es a aapp~tty ft iocumed; and ~ as ~
aay tl~erooE is o~ record the same shall be p~omptly satisfied and di~harged of reoo~d aad t~e aig~nal official doc+m4eat (such ?
a~, for in~tance, the tax reoeipt or ihe sadsfaction P~per offJdallY es~dorsed or oertified) shall be plaoed fa the hand~ of said ~
Associatioa as Mortgagee wit6in tdz days ~ct aker paymeut; and in tba eva~t d~at any tLereof is not paid. satisHed ond dix~aiged, '
said Association may at any ti~ne pey the same o~ any put tl~s+eof witlwot waivdag a affecting aay option, tka, equity ~ righ t
under or by virtue of tbis riortgage, and the fuII amount of each and every wch payment shall be lrnmediately due andp~
yable ~
and sball bear iate~.st frnm the date thereaf until p~id at tlre rate stated in t}~e note tecural hereby and together with such inter- ~
est shaU be secured by tbe lieu of thi: Mortgage. ' . . ;
,
3. To keep the buildings aad 411 equipma?t and persawil p~+operty now or beraftar oa said premisa oovered by this '
r~witgage, i~nsured in a swn eqnal to at Ieaat the amount oE tbe w~gage~ ac an amount mffida~t M oaap~? with any oo-u~sur-
ance roquiretneflt rnvering the same under the laws of the State of Fbrida~ c~ovaiag b3s ftc+~ both fire aad storns, maktng tbe -
loss under said policies, c~ch and every. Psl'abk w tbe Associatioa, ~s moct8a8eq ~ its interest awy ~ppear, nnd sxid insurance
shall be in ~ a good and sespoasible insuranoe oompany satisfactory to sald Association, aad writtea by a'~~p ~ bcal ageat
satisfactory to said Associatiou; and the polu~y or policies ahall bear a daadard matgage cLuse without coa it and shall be
he
l
d by t
h
e Auociation, a a
d, ia t
h
a evem any wm o
f nwaey b
b o o c
n dpaya
b
i e ~ s o c
h policy a~ policies, the Association s6a11
have t6o optwn to reoeive and apply the same an aooawt oE the ic~debtedness he~eby secwred, or to permit the agors M
e awrtg
receive and use it, or an
y p
a
rt thereof~ fvr ot~er p~ u
p o a
e
z. without t
h
e
r
e
b
p waivla
g or im~Kirjag sa
Y e 9'~
Y• a r i
g
1 ~
t uader
und by virtue of thic mortgage, and may placa and pay for such ~uanoe~ ar any p4rt hereof, without w~tiving or 4 E
fectireg its
option to foreclose, or any right h«+euader, and tbe full aawunt of each and every wch p4ya~ent shall be iuunedintely due and
P~Yable and s}iall bear internst frum the dste thereof until paid at tbe rate stated in tt,e note serured hcreby and ~ogether with .
such interest shall be secure.d by tbe lien of ~his Martgage. ~
4. To permit, oommit, or wffer ao waste. impaim~ent or deterioratlon of s4id 'pmperty~ a any part thereof. and upon
the failura of the mortgagon to keep the bwWin s a? said pope~ty in good candiHa? oE rep~ir, the Associntioa awy de~and the
immediste repair of said buildings o~ the imme iate np~ayment ~ tbe debt 6ereby secured~ and tbe failwra of tbe mortgagon
to oomply with sajd demand of tbe Assoctation fa~r a period of Thi~ty (90) dnys, shall aonstitute a bnach af tbis matg~ge,
and at the opNa? of the AssocLtion, innmediately matnre tbe eatire amovnt ~ prineipal and iatecest hareby secured, aad the
Association, immediately And without notioe, asay Lutitute prooeedings to foreclose this mortgage and apply Eor the a~Ointu~ent
of a Reoeiver. as b~ein~ter pcovid~i,
5. This matgage oontract pe+avides for addition~?I adwnces which may be made at tbe option oE tbe asmdatioa and
serared by thts mortgege, and it fs agr+eed that 3n tbe event of s~ch advanoes tbe amoont m4y ba added to t}?e matgage debt
and shall increase the unpeid bnlanoe of the note ba~eby tec+aed by tlie amo~ot af mch +tdv~a~e and :bali be a part of said
note indebtedness undu all the terau of saW Aobe and this oontraet as fWly as if a aew suc6 note aad ooatract we~e esecuted
• und delivered. An additional advanoe agroaneat inay be giv~en and aooepbed for such advaaoe aud pe~ovbion a~y be made f~
cliffer~ent monthlY PvY~b and a dlfferent Interast r~te and otLer~pr~ modificatbw af tbe ooatnct, but in a11 other respects
this contract shnll remain in full fare and effect as to sa~d indebt
ned
ea, induding all sdvanoes.
8. If any of tbe snms oE awoay bereta refer~+ed t~ b~ aot P~'OmP~' ~~Y P~ ~~Y ~30) daya nract aker
~hs ~aars severally oome due md p~yab~e~ or If each and artsy tbe agreqneat~ ooodflion~„ and cavaunts oE said
~ promissorp note and tLis deed, ar eitLer~ are not d~iY Pufa~med. oam~~ aad abided by~ tbe agg~egab wm maitlooed
tn satd p~om~socy note and any o~tber arnouot ar amoimb added to the a4o~tgage indebted~oe~ ~o~der tLs terms of this matg~ge -
sLoll becbn~e due aud paysble focthwitL ar tl~+eaEtes at the option of ths As~ociatbq a~ fuUy ud eompleteljr as if aid aggregate
sum~~ma~e~' was ari8'na11~? dipulated b be PaW ca such dar. anything in s~id pcamisway u~oM or liet+ein co die oontrary not- -
~
T. To ddivar to tb~ Assoc~atioa, aa or befa+a M~uch 15t1~, oE a~ch yar~ mz reoeJpts evide'°cia8 ~ P~7°~~ of ~dl Lw-
iuqy~ t~a for t~e poeoeding cakrdar . to delfver to tbe Aasoci~tioio nodpb video~ng tbe p~yment oE all lieas
d s arg
far im ~Y ~ hvks ~~m~de oa tbe~~rable. and ta pay ar disc~arge within
nioetY (90) ys aft~r due date. m aud dl Y ~b'~ PtiPMy ~8
or note~ a in any otber w~y resultin~ from tl~e aw~tgags indebbedness ~etviced by thb awrtgage.
~ . ~ _
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