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~ ~t ~ f~11~1~~~ MM~ ~ MI MIM~' ~ ~0~.o~p~r ~ d~lj0~/ Mlld ~i fVt alid ~Ma ~ ~M El'Olr ~ ~e~OMi
~ dMt ~lo~ ~~eM~ ~~or ts p~ei~t tlr, i~ ~ tlti~ b Mid 1~¦d i Ilr Aro~eb~tln~ a~ ar~y »~ao~Wj? be
; ~~d t1~t tM~r d~ Ir~rtg? i~? w~rt dr tld~ ,~o ~td Lcd aad w?A dehod dM a~nr~ ~sirrt d~ IavdW ~ of
a~ psr~a~nr , .
` PAOViDBD ALWAYS t~t ~ t6e sia11 well ~nd tr+J~' Par ~o die Mboi~tiaa~, ebe iodeb~edoea~ evlds~wsd
bq tb~t cartai¦ promiMOey w~e. af ers di~ m~~ by t6e Mart~a~'°rs aad parbie tio tire A~odatioo~ in the pwineipat
~ ~ SEVEN THOU3AND FIVE HUND?RED AI~ID NO 100 7 500. 00 ~
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' wl~ich AcKe, t+ogether with Inte~l: die~~eaa w therein spedEi~ed, i~ pay~?bb in moatLly ~Ihnenb of_.._:-
~ ~i:ii:-i.i ~A 1~~NO~t~~~~~~w~w~~ . ~~~~.~w~~~r~~.~~~sw~~~~~~~ ~J.~i C:....~t-~/1[- ,
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• ao th~s~~_. _...._day aE e~ci? mooth aoavmeoci~ with____ M~I?~, 9, i 965 ~ p~,~ ~
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r aee W bs appbied, ~t en i~nitara~t, and d~s b~ian~cs ~a prlriafpW, un~fl aia ioiieb~ednea i~ pdd b tu~. aod ~It peeioao~
with ud abide b~? a~ch a~d avecy die ag~rea~ne~ub. oo~tions ~ oo~ven~ab af ~id piamis~oey ao~e ~nd
ria
mo~t~e, . Ana, i~ ,uny .dv.tix~e. b~? ax+ A~rod~rtioa to t6e M«tg.~C,, « ehe~r ,n~ooeno.~. ~ ti~n, far .ar ~'P~
~t my time beEare d~s release aad caooei4tbn oE t~h mo~tgage, but at ao ticne d~t! tbh mo~s ssc~~e advaaoes on ~eoo~uit
oE sa3d aig~l iwte ~og~rar wkb sud? additia~nal adv~u~ccs in a sum ia ~ooess af_ S_E~~TFN_THOUSAND F'IVE
° ~ - - "'Do1~ 5U0 00 plw aAy i~vanOEf neCessnry?
to pcotect d~e secaxky snd c~osb, tbe~n tLh deed aad tbe eat~te hexcby erested ahal! cea~e and be null a~ vodd.
AND THL MOR'PGACOHS DO bereby cvv~etuut and agree:
Z. To p.r ~n .a~a dngular tLe p~dp~?i .aa i~c ana ot~~ w~ af ~aaer P~ra~le br .~Lt~,e af saia p~rot~ory ~ote
u~d tl~ mo~tgsgei~ ar eit2re~r. Ix"~'~P~Y ~~~e dicY~ raspectiveaY tLe same rer?+essliy aawno +due,
S. To pay all u~d singnLr t1~e taxes, ~tea~enb, levies,liab~ie~ c~bUaatioos and iacuaabsyuyees of ewe~y n~ture and ki~d
nayv os~ said deaaribed pr+nperty, or tbat ~iaraafte~ may be~~~~~suff~~ pl~eed, bvied, a as~es~ed t~eeeon, or tbat hereaker
may be le+?~ed ac a~sed upou r~b~ Mare~?ga or cbe ~i bareby, csch and eMery, wbeu dne ~ad pa bk,
u
aaoardiag to law, beEore they beoo~e deliaques?t, s~nd before any inOer~st atbu~es o: aay is
my tberaof ~ af reco~d the ~ame sbsll be pr~ompdy satisEied ~nd dischuged of raoo~d and t~ori~l
as, fa~r ~dtace, d~a tsx rw~dpt or Hre aa~tioa Y~aP'e'r °f~c~auY ~dor~ed ar oertiEied) :hall be pla~.~ed ia the hwncb of said
A~o~.iation us Modgagee vvithfoa ten daya ne:t after p~yment; aad 'm tbe eve~t diat any tbere~f b aot pei~d, ta dbc}urg~
a~id Aa~ociatioa uuty at nnny time pny the same or any poYt tMreof without waiving ar afEectfing ~ny optkm, or ri t
under ar by vixtue aE th~ Mantgage, uid tbe full wnauit aE eac~ aad evrry sucb p~ysnent shall be inunediately due andp~
ya
~ ~ad s2~Il bcar ia![m~! fiam tbe date tb~+eoE until paiid at tbe aatt stated la tbe naEe secufed be+reby and togetbar with such inter-
esc shall be secsuea by che lie~ of clus Mo:cgage. .
3. Tn keep the buildings and all equipaiea~t and persa?al p~opesty now or haeafter oa taid p~es ravered by this
matgage, iasured in a wm equal to at k.ast the Amour?t oE the wrtgaRe, o~ an anwunt suffkKernt to c;~aap1y wftL aay aa-insur-
wicerequLr~dit ea+reiiag d,e aaaae under the lsws ~ tbe Stabe of F'for;da, oa~vering loss fmm bah flne And s~orm, maldng the
~ ~ ~md~ saaa palic?es, ~ch ana every, P~Y~~O ~o rbe ~a~ion. ,u mo~tgagoe, as i~s mcr~c rany a~p~r, and ,aia ins~ance
shall bo ~oa a good nnd nsponsible inauranoe compnny satis~?c~ry to aaid Araaciatioa, aad writt~n by a ~p jacal ~gent
sstiafactor~y to a~id Assoc.iatiaa; and d~e pol~y or pnlicyes sball bear a~rd moRgage ejanae witLout contx~ii~~and sfwll ba
hcld by the Asaociatho, aud, iu the e~vau aay wm oE money becomeapayabb under sncb pol3c.y o~ potiries, the Association shall
re
havoe tf~e o~ w raoeive and ~y t}ie sauw on aacwunt oE the indebtedr~ bercby sec~u~ed, or to pernnit tbe mortgagors to
recdve s~nd use it, or aay part thereof, fo~ ~ purpioaes, widwnt thereby wafving or int g~y cquity, lien, o: dght under
:uid by vic~tue of tbe,s martgage, and maY P~ ~ Pgy for such insurance, or any part t~a~f, wfthout wAiving ur affecting ib
optia? to foreck~e, ar ~nny right and tba fnll arrwunt of eacL and ~very such paymeat shall be immediately due and
PgY=ble and sball bear sntertst fr~m the d~te thereoE until paid at thB rate stated in t~e note secured h~rcby and together with
such interest ahull be secured by the lien of ~tkhis Martgage.
4. Tope~nat, ooommiR, or su4far ao wa:~Ce, imp~inm~at o: ~dete~riar~?ti~? ~ saLd property, os anr p~t theceof, and upon
tbe fAilura of tbe mortgagora to keep the biWding~ on said pro~esty in good condltian of rep~ir, the Associatioa may deasand the
imanedinte rrpair oE ss~ butidicigs ar the immedi~te repaya~astt af the debt hereby soc.~ured, and ibe fiwilur~e oE tbe mortgagon
to oom witl, ~id ae~,~na af r~e Associacioa f~ a p~iaa of TLircy (sio~ aays, :haA ~ituc@ a~ach cf this mortgage,
and, st option of the Associatfioc?, inamediatrly mature the entire amo~mt of pei~neipal amd intereat hesreby secwuad, and ti~e
Aaacx.iatioa~, ima~ediateFy ~nd wttha~t notioe, may institute p~voeedings ta forecbse tbis mortgage and a~1y far the appoh~tment
of a Reeeiver, as 6or+efoaftet proviciex~.
5, 'I'hia matgage ooatrACt pnavides for addttiasal advancas which ~y be uwde at iLe option of tba assoelatioa and
aeaaed by this mo~tg~ge, and it is age~ed tLat in tbe event of such advances tbo amo~mt may b,e added to tho moitg~ge c3ebt
aad aball i~acrta~a tbe ~psid b~altanas af tbe note hereby seCUred by the amamt of s~ch Advanee nnd :hall be a pnrt a~ sai~d ~
note indebt~ndnas wMder all the terms of said noce and thb aoair~et ~ fuUy at if a uevv wcb nate arid c~ntr~t were oexecuted
and delivared. An a~ditioaal advanoe agreement may be gtven and aocepted for such wdvame and peuvftion rr~ay be . aiada far
, diffe~+a~t moattily P4Yr~cab and a different inte~t raee aud ot}aer modificatlons of tbe aaatract, but in aIl oth~er respecss
~ this eoatra~t tbaU rema~ in fu11 fo~~re w~cl ef#ect as to aa3d indebt~ in~dudin~ all ~?dv~?oes.
If any of tLe ~um of a~or~ey h~rain r~~r~ed t~ b~ not Pr'°mP~' P~ T~Y ~30) days next nfter
khe ~ rrveraUy+ c~ome dua and p~yable~ or if e+eb and evary d~e tlon~~ agree~eat~ ~ons, and ~nta of saic~
p~+omiisory note aad thi~ deecl, ar eitbar. u~e aat dui~r ~ aa~n ~d with and sWded b~~ d~e sggragate sum meatioaed
in ~atd prom&'ory ~ote and a~~acaouat ae amo~ntr sdded ta tbe mortgage iAdebtecloe,~s timder tbe tr~ms oE tb~ »~ortgsge
ah~11 becoime due ~nd psy,ble a tl~fber t6e optbn of tbe As~ociatiog as fuDy and a~pieEety as if said aggregate
- ~aio~?ey was orig~? ~ ro be pdd oa suc~ daY~ ~Y~"8 ~~d p:a~a,~? teuae ar herdA to ebe eanei,ery Ywc.
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7. To delit~e: bo t6e A~soehtion, an et be~oce Marrb ISth, of eac4 yea~, tu rooeipb avid'°°da8 ~ P~Y~°t oE ~aIl law-
_ 1va~?~~O,ed ca~e, for t~e preaec~,g cala,da,ry~r : to a,c~v~ co a~e A~ao~c~oci rec+dpc~ tbe pay,r~e~ac of an ~u
~e wkh~a ninetp (90) da~ aRea tbe umo shall beoorne due and ~
psy~ w pay o~ d~argdf wltbin
n~h ('90) n afcac dae dste, ~y ,~a .n ~«~t ~ ~,.c ,~.r ~ m.ae «s ~~ged prope~ty, aa thfs mortgage
or r~ote, ar la Any att~es w~y cesulti~ han tlwe aioRgag,e indebbedneu ~currd by th& mortg~ege,
~ - a~115 239 =
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