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_ ~t ~ timas pwosabh? ~d 9uietly uPon. ~wk~,ooaupy? a~d a~1n'y ~ Wrd; tMt ~aid W+d it fns baa dl
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d~at they w~lt m~lo~ m~ iuetLar u~ae~ooe~ 1~ paichd tbs fae ~ple tltM ~o aid I~ad in d~s ~tjos a~ m~ reatonRWr bs
raquired, ~nd d~t dnr~? do batabr fullp w~m~M d~s tlds bo s~id I~nd wd wiU defmd d~e auae ~alr~t the wful daims of
al! pe:sons wboao~oever.
• PROVIDfiD ALWAYS that if tbe 1?d tq sl~rll well ~ad trufY P~Y ~i° A~
by cl,.t certein p~omni~sor~? no~e. of e~v~ea daEsp ]~~t~ m~ds br tl~a Moctg~t~ors .id P4Ya
sum of _..--•-----~SEYEl~I.TI3~?LISANI2.FIYE..~iIINI?~i.k'•~D_.A~tL?._1~IQ~1oR.---•--• Dollan (;7._500. 00._.. _
wl~k~ iwGe, ttige~tber with intertst th+area~n aa tl~rcin speclHed, is Pa.Ya6k in moathly instxliments of.~
.._._.FiE'_'rY-~IIG~iT._.A~III_I~T~~lIIO_.---__..-- -'___.--.------Dollan t~_S8t00_,,,~
on dia--_--14~~.----daY of each aaond, ~g wtt}~_.._..___._._ June l0i 1865 wbich P~Y~~eab
ae+c •to be appl~e' d, first to inte~ed, ~d tbe balu~oe oo pri:rdpal, untll dd indebbedn~s is pajd in fWl, and ~II peetam,comp!y
wlth snd abida hy each snd evmy tbe~ti~pulationa, agrbements, oondltians and oovenanb af said peom~soq? aobe and t~
~&~Ba ~~B any advances made by the Assodatiae to the Matgagors, ar their auxesson in tWa, for any prn~pore,
st any tirae before~ the rek~aae and cxncdlatioan of tLis moctgage, but at no time stwll tbis mostgAge ~ adwm~a aa aocount
. of said original note together wtth s~uch oddit~onsl advances in a surn In ex~xss oE_ _.e~~i.V.~.~~~~~~
NO 100 .--.Dollan ;_.7~500~00--- . an advances neces~a
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to protect t~e security and casts, then thi~ deed ar?d the e~te hereby areateci ahall cease and be~null~AUd void. ry
AIdD THE MORTGACARS DO hereby ouvenant and agree:
, 1. To pay all and singul~r tbe pdncipal a:?d intetGSt aad othes sums o~ m°nq' PnYable by virtue af said prosnjaaory x~ote
ancl this ma~tgage~ or eitbes. promptly on tbe slays respectively t6e aame severalty eo~ao due.
2. To poy all and aLzguLr t~e ~b, levks, liabflitles, obligati~ and inc~mbraru~s oE ev~y n~ture aud kind
naw oa said described prop~e~ty. ar that i~eresEter uwy be iao~, suffered, cod, 1e+?kd, ar assesaed th~'eo~, or that Le~xker
may be kvied o~ suessed upon this Mortgage, a~r the inde ess hereby, cach auci every. wb~ due aad pa ble,
aooordiug to law~ befora tbey beoome delinquent, and before r+ny iaterest attaches or aay penalty i~ incurred; and ~ as •
any d~creof is oE record the same shall be P~P~Y satisfied and discharged oE reoord and the original official doc~mant (wch
at, for in~e, t~ taz receipt ar the astlsfaetion paper offieiaUy endorsed or c~ertified) shall be plxced ir? tbe lwnds of said
~ AssoMation as Mortgagee within tea dayf nart after payment; and in the event that any thereof is not paid, aatisfie~l n~nd dia~wrged,
said A~sociation muy at any time pay the same or any part thereof without waivtng or nffect~ng any optior?, 1ien, equit~' or ri t
~ undar ar by virtue of t}eis Mortguge, and tLe fiill amount oE each and every svch payment shall be immediately due andpa
y~ le
aa?d shall bear interest from the date therEOf untll paid at the rate stated in the note secur~ci her~eby and together with s+uh intc7- ~
~ est ahaII be aecured by the lien of this Mortgaga,
3. To keep the buildings and all equipment and personal property now or hesexfter on said prem~es cover~d by thi,s
mortgage~ insured ia a sum eq~al to at least the amount of ther~g
age, or an amoemt aufficient to zompl with Any oo-insur-
ance requirement covering the same under the laws ~f the State of l~'
orida, covering bss from both firo ~ stocm, making tho
bss uader said policir~~s, e~ch and. every, paYabla to trie Associstion, as mortgagee, us ib interest may appear, and aaid insurance
shall be in a good and responsible fnsurance canpany satisfactory to said Associatio~, and writtea by a res 1o~ca1~ agaat .
s~tisfactory to said Association; and the policy or policies shsll bear a standard mortgage elause without contri tion,~p~tlt~C
~l~. ' and, in the event any sum of money bernme.spa yabk under such policy or policies, the Association sball
have ophoa to receive and apply the same on account of the indebtedriess hezeby secured, or to ptanit the martgagon to
air ng
receive and use it, or any part thereof. for otl:er purposes, without thereby waiving or imp !n aisy equity~ lian, or nght undec
and by virtue of this mortgage~ and uiay place and pay for such insvran~. or any part thereof, witho'~t wpi++ing or affecting its
aptioo to foreclose, or any right heretxnder~ and tire full amount of each and evexy such p~ymtr~t shall be immediately due and
. payable and shall be~ar interest from the date thereoE until paid at the rate atated in tt,e note serured hereby and together with
such interest shaII be secwed by the lien of ~his Iwiortgage. •
Tape
rmit, commit, or suffer no waste, impairment or detedoration of said propcrty~ or any past t~rre~f, and upon
the faslura of the mortgs?gors to keep the buildings on said property in good e~dition o£ repatr, the Association may demand the
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immediate repais oE aaid buildings ar the immediate repgynnent of the debt hereb se~cured, and the fs?ilure of the mortgagors
tu camply with aaid demand of the Asaoci~ation Ear a period oE Thirty ( 30 ) dnys, consti4uee a brE~ach oE ~mortga e,
and, at tho option of tbe Association, immediately mature tha entire amount of principal ~nd inttrest bereby wad
As~ociation, immediately and without notice, may institute proceedin;s to fo~eclose this moregage and apply for the appointment
of a Re~iver, as hereins~fter pmvidal.
S. 7~sis matga~e coatract provides f~r additionul advances which may be made i?t tho option of the as~ocii~tioz~ and
~ac~red by thiy mortgage, and it is agreed that in the evant of such advunces the amount msy be added to ti?e ma~tgage ~iebt
anrl sbn11 iocrcaae the unpaid balauae of the note hereby secured by the amoum~t af such ad~ancc and sball be a part of snid
note indebtodness under al! tbe terms of aaid note and thit contract as fully aa if a new such note and ooab~act wexe r.~ecuted
• and dtlivered. An uddibonal advance agreement may be given anc~ accepted for wch advanoe and p~ovision u~ay be made for
different nroonthiy peymenb and u different interest rate and otherex~
ess uadifications of the c~oatract, but in all other resp~ccts
~ ihis contrsct shall remain in full fax~e And effect as to said indebtedncas, includirig all adv~xr~ces. ,
e. ~ .~y ~ r~ ~ ~ ~y ~ ~«~a ~ ~ ,~c ~rur ~,a w~r ~a .~c~ 'rt~r t3o) aay~ ~ .fc~
"the sAmes s~everally oome due and payable, ~r iE each and avcsy the stipulatia~s, agreeu~ent, ~d~s. snd cavenanb~of saki
pmmiamry aote and thb deed, or eitber, are aot duly perfamed, compliEd with and abidad by, tbe aggc~ate anm mel~ttaned
Jn said p~omissory note and an otlyer aaaouat oc amau~ts added to tbe mortga e indebted~ecss w~dcr tbe td=na of this mo~tgxge
~11 beooeae due wd ~y~bie ~oetbwkh a thore~fterr ~t the optba oE the ~tion~ u~~? aad ooaapl~Eely at ff ~atd a~gmgate
withrtarrdin~ was wigi~lly ~fpul~ted to be pa3d on such d~ty, ~unythiag !n said proeNssso~cyy nace or harein to t6e oa~nhaz~? nat-
&
7. To delivcr tA the Assoc~tiou, a~ o~ befara Marrh 15tb, oE ead~ ye~u, ta: reodpb evidenciug tbe payineat of all law-
fuqy
im~sed taxa for t~e prececling calendaryear, to delivac to the AsaociAtion recdpb ~g tbe p~ymeat. of LI! lia~s
for impcvveiuenb withir~ ninety (80) day~ ~fta tbe ~am~ stwll hecome d~e aid payable, and to pay a dircharge within
ninety (90) days aker due date, any and all governa~aual I~ayie~ tbat mny be masde oa tbe matgaged propetty, on d~ls ~rriatgage
a~wte, a in nn~? other way rrsulting ~mm the mwrtgRga indebtedr~rs~ secured by thfs miortgage.
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