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~ ~ it ar trw ~rd q~l~lly lo wreMt dpos. 6o1d.oooup~? ~od atjoy Mtd I~nd; d~st wtid I~d ir ~rM j~+nr4 ~N
i 1~t ~b w~ok ~r ~or b pe~at tir i+e~ ~impk t~tM /o s~id L~d i dr Ara~tla? ~ roi?r reaa~rdp bs
~ ~.~ra~eiry al~ tny ~ t~s eid. ~o ..w Laa .na wi~t aefma th. ~e ~,.rmc are 6v~a d.i~n~ d
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~ovin$n nx.w~~rs ~.c ~ a~ ~ ~.u ~an .aa autr ~.y~ ,~o~ ~e ~uoa, ~ ~ ~?~ai
~.c ~ ~ ~ a.a~`~, m.a. ~y ~ M«~.~, ~a ~y.~ m c~ ~a.c~, ~ c~ r~~a
` SEVEN THDYJS~lIND F'IVE HUNDRED AND NO~~QU..--.-`--_-- p~~, ~.7,.~0.4._QR....
~aa of - ~
wbic6 aote~ togett~er with int~t t1k+e~eaa as tl~erein specified~ ia pnyable in m~nt~lY mehllmenb of.....-
i~ i ~~.i~ A 1~L l~ V~O w.r~......_.. r ~ ~ ~ ~ ~ ~ ~ r ~ ~ ~ ~ r ~ ~ ~ w s ~ ~ ~ ~w ~ l~fN~ii `•».~aC~ i.Y'""~~~ ~ f
; ~ ' ~l ~10..» ~ _....__...~~1 OE O~Cb 1~t COm~~ VVlt~t-._.». + ~I~l1Ch
aee ~o bs ~ed. &st b h~t, and tLs b~~aoe ~o prL~ai~l. ~til taid bdeboednat i~ paid ia fn~, and iyfl pie~Eoam, ~
w~th ~nd by e~ and e~y tlrs ~~biaos, ag,ree~nb. oanditiorrt aud oa~ananh af aid pewnir~a~cy note iwd
: mart~a, • Aud~ iadu~io~ any ~advanca+ bp t6s Aa~oalatlm to d~e Ma~tgagoes. a t~le aiooarors tn tida. for auy pwpore,
at any mae bei~ore tbe ~eiepse aud anoallatlon? oE tLia mact~sge, but at no tlae sbaA tbb nwrtaa~e iec.~e~e ~dvanoea~ m aoowmt
oE said arighwl noce wget~er wid, such additionai adv~nces ion p sum iA e~t oE SEVEN THOUSAND g'IVE
• HUNDRED AND NO~O_~____-------~------- (i.. T,.~QQ_~),~d~ .~y .a~~ ~ry
to p~oEect tbe see+~y and ~osts, t~en tbb deed and tba estate hereby cYee~ted :haU cense w~d be null aad v~oid.
AND THE 1KORT~GACOAS DO brreby arveaant a~ ogre~e:
~
To ~.r ~n .Aa e~ ~ .~a mc«~c .~a ~ ~ ~ r.y.u~ ,?~c~ ~ ~a
~a c~ ~sa ~ ~?~h? aar ~r ~ ~ ~ny ~ a~.
8. To p.~ .li ,wa sir,guhr a~e ta~s, ~meats, levlet, lfa~, obbg~o~ .na ine~m?br~n~ca. af avery n.t~re .aa ldna
na~w ar said ~detcaibed pio~xrty. or d~t ~renfter may be~Kk~~~sa.~~arod as~ed tl~+eon, or tLat ba~+~eaka
raay be levie~ or as~ed upon tbis Matgaga, ar t~e t~eneby, cac6 xnd every. arl~n? due aod p~t bk,
aoc~+ding ~0 1aw, before tbey 6a~ome detinquent, and bafore ~ny inta+est att~cha or aay it ir~c+urnd; aad
any t6esouf is of reooed the s~ne sbaA be p~+owpdy sa~d sad di~wrgsd oE reoord and t~ginal of~l docunneut (sud~
as, far ~ce, tb~s tax reoeipt ar the ss~tisfaetion 1~Pa '~~Y oortified) s6aA be pLioed in the hrn~b cf =aid
Aswciatioa as Mortgsgee withfa bea days na~t after payax~~t; and in the av~ent tbat any tbereof is iwt psid. srt~d5ed snd diad~rged~
said As:oc,ation m~y at any tlme p?y the same or any part the~+eoE witt~t wsiviug o: affec~tf~?g any option, li~, e'4uitY o~ nght
unda~ ar by virtue of tbis Mortgage, ~?d tbe full amo~mt of each and every sud~ payment ~all be immediately due andp~
yabld
and shall b~r inter~eat frotn t~e date t~e~ until paid at the rate stated in tbr rwte ~cured h~eby and tugether with such inter-
est shall be aeaued by the lia? of thi: Mortgage. .
S. Ta k~eep tha buildings and ~Il equipa4ent aud peraonal property now or h~fter on aa3d premi~es oovered by tt,i+
mortgage, in~aured ia a swn equal to at kast the amount of tbe~~tg
a~o~ a an aaa~t wfflr3ent to comp}y with ~ny co-ensur-
anoe u~nt coveiing die same vndr,r t6e laws ~ the State af F'foarida, cavering 1oa hom both ffra and s~ocm, mak~ng the
e
, loss sai~d poli~e~s, euch ana evay, p~yable to the Assodat~on, ,~s rno~cgagee, a~ ia tnceresc m.y a~~r, sad ~aia inauran~e
shail be in s~ good a~xi responalble i~uraru~ oosnp~nny satlsfactory to said A~+ociatioq w~d writtea by a ~ loc~l sgeut •
satisfactoey to sald Associatiaa; and tbe policy a~ policiea shAtl beac a standaxd mo~tgage dsuse witbout conlril~
and shall bc
hcid by the As~ociatfou, and, in the evcut xny aum of uxrney bacw~ncs payable under ~ch po~lic~? o~ policies, the Associatba aball
. have tbe o~ W x+eadve and ~pp}y the sanne on ac~cau~t af th~ indebtedness bereby ~ or to permit the ~agors to
reaeive an t~se it, or any part ihereof, fot ot~a purposes, wlt~aut thereby waiving or imF~ag any eq~ity, liea, ar dg t under
und by virtue of thia mortgage, and may pisice and gay far such insuranoe, ar any part d~ereof, without wgiving or afferting its
aptGon to foracMse, or any right htreunder, and tbe full amounc of eacb and cvcry suc~ pay~rnt ahal~ be immediately due and
paysble and shA]I bear anterest from tLe date t~ereof uatil patd at the rate stated in ttie note secured bereby sr~d together with
wch interest shaA be secured by the liers of ~this Mortgage.
4. T'ope~u
t, commit, or suffer no w~e, impairment or deteriora!ion of said ~operty, a~ any part thereof, and upoa
the fatlure of the awrtgagors to kcep the buildin : on said proparty in gaod c~dition of repau~ the Association may deuwnd the
immediate repair af aaid buildiaga ar the innn~iate repaymeat a~ the debt hereby secured, aud the failure of tbe mortgagors
to c~amp~' wit2? said dd~nand af the Asaociation for a pesiod of Thirty (3Q) dnya, sball constitute a b~each of this moitgag~,
acrd, at tbB option oE d~e Astoc~tatioa, hnmedistety mahira the cntire amount of prir~cip~l aad intcrest hereby s~ecured, wnd t~e
Association, immodiatdy and vvitho~rt notice, may inatitute proceedin~s to foreclose this mortgage and apply for tP~e appoinm~ent
' of a Receivet. as bmre~aafter providtxi,
mcured •~~~B e ar,d it is
a~~ that fn tbe~
ant of suc~h a
vances tbe amount ma be a~dded to the~~e debt
and ~
~e
~
sm ~
psld balance ~
tbe note 6rxeby aec,~ured by tbe $m~ount of a+uh ad
~ w~d shaU be a~part o£ s~d
oote iadebtednas w~der ai! the terma ~~id net~e and thfe eoatract ar fuIly is if : naw suc~ nott and c~oatract were tzeeuted
aud cklivered. M~ddi~ia~nAl advar,ce agreemait may be g~ven aad accepted far wch advanc+e and poov~ivn may be made far
, diffarwt rnor~thtY PaW~tr and a diffeerertt ir~te~t~est rate and othermcpr~ modific~tias~s ~f t6e ooc?tract, but in aU other ~xe.sP'ecta
~ thLs contract tba11 s~.in in Eull force sund effect as to rnid i~dclbtednea~, iacJuding a~ll advanoe~.
8. i'E ~ny a~ tbe aunr of mooa~? I~orein i~aieerecl to. bs lnot pramptly nid fuUy paid wEt~in 'l'Lirty (30) day~ ne~ct ~fter
t6e iaa~e ~everatiy ooarrs dua aad pnY~?ble. ar if erc:h aad ave+ry? tbe tioa:, ags+eanent, onod~oru, and coven~ts af ~aic3
p+wobsory na~te snd tl~k ciee~, or ei~r~ are noR dul~r pe~orrmedl, oc~mm iad w;i~c~h ~und abk3ed ty, ti~e sgg~eg~te mna a~tiaoed
in ~aid pr~ombwcy note ~ad aa odja amo~mt a saq~aetr ~dc3ed to tbe mortg~ge ~ebte~esr u~der the tt~t of this ~oct8~8e
r~ beooma d+~e and p~y~bie ~cethvvit~ nr there~fter st tLe ap~ of the A»oeiatian. as fully and aotqpletel~r ss if ~id aggregstc
~a'w~? wa~ arigir~tliy ~sd to be pdd an s~ch daY. unytbing in said prorni~ory note or 1~in to tbe ooatraYy rwt-
~
7. To d~eliwer ta tbe Astodn?tion, on at bef~re Marrh 1Stb, oE escd~ ye~r. ~ neoelPb evidaocfn8 t~e p~Y~eni of~i~tl law-
fu11y ins t~uca far tb~ p~raoeding c~nclary~r ; eo s~tliver to the A~uociatlm neoeipb cvidea~ctnng the paymeiet of a11 liena
~~~~ciue dste A~a~rd aH~ dsys aftar tbo s~me sluli~becane dne aod payable, i~nd to pay ar di~ch4rge within
~Y 7's ,+~Y ~ k~i~ dat ~y bs aatcie aa tLe mo~t8=~ P''0[~Y, on thia niort~age
~ note, a~ aay other n?~~? rcaillt~ fnom the a~ortgage ic~debtednes~ secuced by thb mortg,~ge.
~115 2~5 ~
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