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3. To ptacs and co~~tin~o.~s~y k~ep on ths b.;, ~;~,c7s now or hr'rraftzr e:ruate on so:~ 'nn;i a• ei ~n a:: ~•qv~r ,~cnt and persona'!v cove!ed by thls mo:rg•
sge, w~th ail premi~:ns thereon pa d;n fu,I, f~r,~ ins_iencc n rhe uwa; srandar.i pol~cy form, ~n s s~:~n aFprc.rd b~ thr :MJkiv~GE[, and v.~ndsrorm
~ni~ranca in the us~a! standard pol,cy forr.~, in a s~.~; ap;~•o.ed by the MORTGAGEE, in s~.h cur:ipany or companies as fhe kipRiGAGEE may
, direct; and all fire and w:ndstorm ~m~~ance pollc~ts on ~ny of sa~d b~ild~ngs, any ~nrerasr +he~ein or f,an th_~reuf, in rhe ay9~c~sre sum aforesaid or
in excese fhereof, shaU ;entain the ~si~al sta~~~a~d ~:~ortge~ee tl3;~s~ or wch other clausa as rhe Mortyagcr n,ay rcqu~re, making the Ioas undrr s~~d poli•
~ ties, tach and every, payab~p to seid hipRTGAGEE cs ~ti inter,,.st may aF;paar, and ea,h ~nd e~ery s:ch po~;cy shali be premptiy assgned ar.d de:iv~red !o
any hefd by sa~d M,OR?GAGEE as furrher aecurir~- to s3;d n~orlgage debt, and, not less than rrn (iQl d~ys in ad~ance of the exp~rat~on of each poilcy, to de-
liver to 6aid MORTGAGiE a ~anewal thereof, togethrr with a rece~pt tor Ihe pr~mium of such ren~wa!; a;~d thrre sha":i be no s~re oi wi ,~stw~~~ insurance
placed on eny oi said b~itdings, any interest there~n or part thzreof, un:'ass in tne form a+id with ihe IO31 }~ayaule as aloresaid; anJ in the avent any sum
Of money betomes payable under such policy er poLciei sa~d A1pRTGAGEE ~haii have the ep~~on to rec~~~v~• and apF~!y the same on acco~nt oi the ind~~bted
ness secvred hereby o! to permit sa~d MORTGAGORS ro recaive and use it o~ any nart t!icrrof ~:r cr~._• ~;.;r.:srs. :.:r?._.! th~~;c>, .:r
ing any equ~ty, lien or right undar or by virtua of th;s n-~cr'gage; and in the event sa:d MOR,TGAGORS shafl for any reason fail to krep the sa~d premisers so
insured, or fail ta deiiver pro~r~p~ly any of sa~d pnlrcies of insvra.ice to sa~d MORiGAGtE, or f~,: pvomptly to pay fulty a:iy p~e~>>~~•n then~for o~ in any
respect fail to perform, discharge, execure, effect, ccrn~lete, comply w-irh and ab~de by th;s covenant, or 3ny ~art he~enS, s+~d MGRiC,.;GEE rnay p'~ac~ a~o
pdy for wch insurance or any parf thareof withuo' wa+v~ng or afiecting any Option, lien, equ~ty, or r~glit u~der or by v~rWe of th{S ~blortgaye, and the
full amount of each ard e~er•,r such paymrnt shail be ~:nn,ed~ately due ar.d payab(e and shaii brar intrreir from tho datr rhereof un~il p~;d a~ the rare ot
nine per cenrum per a,,nu+n anJ to3vfher ~.ith wch inrrr~si sha„ be secured by the lien o! th~s mottgaye.
4. To permit, commit or suffer no waste, impa~rment or deter~cratlon o( said property oi any part thrraof.
5. To pay all and singular the tosts, charges and exE:e~~ses, includ~ng a reasonable atromey's feu and cos!s ef abshads of tit!e, in~urred or pa~d at
eny time by sa~d MORiGAG`.E, because or in the event of the Failur~ on the par! of the said MC!RTGAGOR to du~y, prornptly and fv!ly perform, d~scharge,
exrcute, effetl, comp,ete, co~nply wnh and ab de by each and every the stip~taf~ons, agreements, conditions, and covenants of sa~d p~omissory note ar.d ihis
mortgaga any or e~ther, and s:~:d costs, charges and expensas, eath and every, sha11 bz immedietely due and payab;e; whether or r,ot there be ne~~ce de
mand, aqempt to coaiect or suft pend~ng; and rhe fvll arnovnt of each ano e•~ery svch paymem shaii bea~ intcresl from the d~te thzreof unt~l paid at the
rate of nine per canr~,,rn pcr ~nnu:~r a~~~ o~l 4ald ccsts, charc7es and ex~~~nus :nc:,rred or paid, together w~th svrh interest, shall be secured by the Gen of th~s
mortgage.
b. That (a) in the event of any breach of th;s Mortgage or defau!t on the part of the MdRSGAGOR, or (b) in ~he event ar.y of aa:d svms of money
herein referred ro ba nat promptiy and fully paid wi~hin th~rty (30) days next a~rrr ~he s;me se.e~al:y become due and paya~ie, w~thout demand or nencz,
or in the event ca,h and every ihe stipu,aiions, agre^rnents, cond;;ions ar.d covenanrY of sa c1 F~romisscry note and rns morigage any or e;rher a~e nci
iuly, promp~ly and fully perfonr,ed, d:scharg,~d, exewred, effected, completzd, compl:ed wiih ar,d ab~ded 5y, thrn in either or any such evem the sa~d ag~
pregate svm men?ioned in sa~d ~romissory note then remaining unpa~d, wlth intere;t acu~ed, and oi~ moneys setured hereby, shatl become due and pay
a6le fort(~with, or thereafter, at the cption of sa~d MCRTGAGEE, as fuliy and compietely as if ail of fhe said aums'of money were ~ongfnally si~puiated
to be pa;d on such d~y, anything in sa:d pro:nissery note or in this .Mortgage to the con!rary notw~ihsta„d;r.g; and th8r~upon p~ ihereefter at the option of
sa~c~ MORIGAGEE, wirhout nor~ce or demand, suit at taw or in eyuity, therefore ur thereeirer begun, may b~ .prosec~ted as it~ a11 moneys sewred hereby
had matured prior to iis inslitution. , ;
7. That in the event that at the beginn~ng of or at any tim~ pena~ng any s~it upon this Mnrtgage, or to`foredose i', or io reform it, or to enForce
payment of any claims hereu^d~r, said MORTGAGEE shal{ app~y tu the Ccurt having iur~sd;ct:on tSC;eo' for th~ appo~ntmcnt of t Receiver, svch Covrl shal!
forthwith appo'rnt a raceiver of said mwtgage~ propc~ty al{ ano singula~, inc;ud rtg all and s~r.g~!ar tF•.e ir.come, p~oi~ts, issues and reven~es from whatever
scurca derived, each and every of wh~ch, it being express'.y unde~stood, is h:erEby mortgaged as if specfically set forth and das[r.bed in the 9~antin~ ind
habendum cia~ses hereof, ar.d s~ch Receiver shaii have a!I thc broad and effec!~ve funcr~ons and po-.~ers in anywlse entr~s~ed by a Courf to a Re.eiver, and
such appointment shal~ he made by suth Cou+t as an ad nitted equity and a matter of a6soi~tc right to sa~o A~URTGAGEE, and w~thout referente to the
adequacy or inadeq~acy ofi the vafue of the p:cperty mortgaged or to the so.o•ency or inso!vency of sa~d /vlORiGAGOR, o~ the detenda~!~, ard that such
rent~, profits, ir.tome, issues ard tevenues shali be applied by such Receiver a,cord:ng to the lien or eq~ity of said MORTGAGEE a:id ihe practic~ of such
Court.
8. To dvly, prompt!y and f~ily perform, d~scharg@, exe:~te, effect, cor„plete, comply with and a;,~ide by each and every the stipulafions, agreements,
conditions and tovenants in sa~d prcmis:ory no'e ~nd th;s rnortgage set forth.
9. That in the event the ownership cf the n-~crtgaged pre:mises, or any parl lhereof, ~ctomes vested in a person other than the MQRTG4GOR, the
MORT~AGEE, its successor; and ~ssigns, may, with~~t r.et~ce to ine ~~1~RSGFOR, dea! with suth successor or successor in interest w:th reference to this
mo~tgage and ;he ueht he~eby secured ~n 1he sama man~~,r as with h"~ort~agor wv7houl in nny way vit:aiing or d:sCharq~ng the lvlGr:yagors' liability here-
under or upon the debt h~reby v.cvred. No sa:e ci ;f:~ E;~•nis=s h~~reby ~~iortg3~ed ard no forbeara~~ce on the part of ~he ~hORTGAGEE o! its successu~s
rr assigns and no extensian of the time for rhe cayn~ent o; tF.e debt fi~reby szc~~red given by tne :`ORTGAG:E or irs succe:sors or ass'gns. al~al! opera?s
to release, d;scha;ge, modiiy chan3e or ~fiect the criy;nal I~ao :.ty of the h10^nlGAGOR here~n, eiti~er in v.hole or in part.
~0. !t is soec~ficaiiy agreed rhat time is of thF esse,~ce cf th;5 conr.act ard tha~ no waivr- of any ob!~gat:on hersundec or of the obligation se-
c~red he:^by sha•.i at any ri~,-:e rhereafter 6e heid ro be a w;~:er ef the tern,s hercof or o! the instr~rnent securcd he~by.
Sl. i: ad~ t ~n to the foregc ~•g rnomh'y c~ymeots o` ~;r;n: pai and inreresr req~ired by rhe prem;ssory nc~e s^tured hereb~, mo;tgagor covenants
ar,d agr~es t~ pay ro mor!g.ag~•e .tii!ry each mo^rh'y p-~y~.•.ent an ad~~~~enai sum es+~ a!cd by rnortga~ee ro 6e equal to 1!2 0{ t~~e annval C~s~ of the follvw-
ing:
A-AI~ rea! property taxas (e:~ed cr assess~d a~=~•~st thc above desoibad rea~ es'are.
B--Fren i~ ns on f~.e ar.d xir.dsrorm insur,,rce as 'r~erefn •~qo:r_d to be cb~ricd en the :mr:rcveme ~'s s:'~;~te on tF~ abav~ d.scr~bed premises.
C- Prer~oT.s an such rro:tg3ge 9uaranty ir.w~a~ ce as r.~c•tga;=e sna,! fro~^ r. e ro tl•r,~ d_em f:t ro carry on tne iosn secured 'hereby.
h1or'gagee sh,~'I frcrt~ !im~ to tirne notify mr.!qagor ;n v,ri!:r.a of ih~ a•^o~~' du^ 3nd payah'e hc~eund~ar dnd suCh sv~i; shiil tncreupan ba cl::e and
FaqaL-'e on tne clve date ef rhe next m,nnri~:~ o:;~~e^r ar,d e~ch s::aess~ve . ~~>h ?},er~3.<r~. m~rtya~e~ sFa',i ro' iy ~nar!g.3gor of a=hange in such
ac~eunt. ~~~ch sums s~a;i be a~plizd by mor;gs:ce r,.::a•d ti:e , ayment o` reai^ prc,>rt7 taxes, insuranc4 pre~r:vmi, a:~,d mcriqage guaranty insurar,ce
premium5.
IN '.'?~Tr~'e5S ER=OF, the said MOR?GAGOP. },as h•~reu~to set h;s h~~-d and se3: the day and year first aforesaid.
Signed, Sea' and d(n sence of: . ~
. . (5eai)
r ' ' - (Seal)
~ » ~ ~(Seai)
...,`:~I.. , _(Seal)
S7ATE Of rIORIDA , ` : " ~
COJ,'~17Y OF it _ 11 t ,..:ll C.7. e ; S5. - ~
1
- ~
Efefore me personally ap~eared iC?UIE' n1iE?: ~ _ ~ ~ and
~ ~r.n~e ~~11e~i . _
h~s w~fe, to me weFi kwawn.ii~d known to mt to be
fhe individuals described in and •.~ho execu'ed the fc;egoing instrumentt and ackr.owledged bafore me that tl:ey exe:ote,i tkE~arne~bf tbe pvrposes
A I ~ I7 i F E=:"1 . .
~ therein expressed. And the said ~ _ ~T__. ' ~
rvife of the said 3- `-'-=:1.~ ~i; " • ~
, - upon, a se{~arate and priva!~
exam:nat;on by m.e taken separate and apart frem he~ sa:d husband, ack.^.ow~edyed to and 'oefore rr,e that she execw.ed said instrument ;ree'y and vo'~n-
tari~y ar.d w:fhout any com;;u'son, con=r,a~~r, zpprehens:on, or fear of er from her said husbar.d.
`;rITNESs my h3nd and offic~.jl .e;; th~s- day cf_ ~__T~% e A. D. 79~2'`
- ~ -
~ Notary P~b?ic in end for the State oF Florida at Lerge
iJ~y Commias~on exp~rea:
P.etum To:
Frsr ~ederal Sa.ing3 3 Lezn Asscc~-,t:~n
Of ~c,. p. „ . l,'•..;(;c
F~.~ .,,z, F~.:. Fi A R~~~iDEO . 1~,
i?~ BOOK _..._~,:H~T .
..~''1~'~~'~:e!-G~~ - ` . ~ " .
'65 JU~ ~ PM ~ ~ 5 2 _ ~
~~~~3i~ ~ . .
R(}GtR F'Ct f ~A~, C~~RK , , ~ . .
,
ST. t~UC1E COUNTY, . '
FL.OE~ft~A . - ;
~O~;K. ~~J
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