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~ 3. To placa and iontireuo~.s'y keep en !he 6~i uingi no.v o: htrea'ter rt;ah~ on s~~a ~and ~~~d .~n a' aq,~p~ient 3r.ti perso~,ai :;overed uy ,n,s ~nuriy
age, wiih e!I premwmy thereon pa J~n full, f~rc ;nsuranre ;n tne usu+( srandsd policy form, in a s::» ap;proved ty ihe `.',Vk~v ,G'tE: a:~d W~::dSN!n
~~wrancr in the uaual sfandard po!.cy fonn, in a svm a;;p~o~.ed uy the MORTGAGEE, in such company or co~r,panles as tt,r 410RTGAGef n,a,
dired; and all fi~e and w~nlstorm insurance po!;c~es en any of sa~d twild.r.gs, any inrorest therein or part thereof, in the aggr~~gate w~n atoresa~d o•
in excees thrreof, sfiail conta{n the usvsl stand~rd rr,ongagz~e clause or such o~her clause as the hlo~igayre may rec~u,re, ma~ing t~:e tosa u~der sa d po~i~
cie~, each and every, payab'e ro said hIJRIGAGEE as ~re inrerzsr may appear, and each and every such po~:cy Sh3N be promptiy ass yned and ~e~~~arrd ~o
eny held by sa~d A14Q1GAGEE as iurther security to said mortga~e dzbt, and, not ie:s than ten (10) days in advance of the exp~ration of each pol~cy, ro de~
liver to Said MOR;GAGEE a renewal ihereof, to~e~her with a tcteipt tar Ihc pr@rnium of such rcnewal; and Ihera Shail be no f,re o• windsrcr~n i:~su~ance
placed on any of said bvildings, any intzrzst there~n or part thereof, unless in the fo~m and wi+h the loss payab!e as uforesaici; and 4, the e~ent any s~m
04 money becomes payabie under s~ch policy or pe!:ties Ss~d .'v~ORTGAGEE shalf havs the option to reco~er :;~~d app!y tha san:e on atcou.~t of the indcot~~d
ness sec~~ed he~eby or to perm~t said MORTGAGORS to recaivc and u:e it or ;ny p;rt rir~~:~~or ror err~ ~ i:;;~; ~srs, .::rn~„! it,r " lv:;~;^., c.
ing any equity, lien or right under or by virtue of th~s ~nor.gaga; end in the evant sa~d MORTGAGORS shall for any ;eason fail to keep rhe sa~d prem:ses so
inwred, or faii to delivrr promptly any of soid pol,cies of inwra~ce to said MORTGAGEE, ar fail p;amptly io pay fu,{y any pre~ni~m ther~~fu~ or iri a^y
reipect fail to perform, d~scharge, execure, ettett, com,n!ete, comply wi~h and eb~da by ~h~s SJVt;~13:71, or any part h~reof, sa.d h10RiGraGFE n,ay piace a o
pay for wch :nsurance a any part rhereof w~thout walving or a#fecrng any opt~on, lien, equ~iy, or r~gh! under or by vfrrue of ~h~s Mo~rgagr, and thc
full amount of tach end every wch payment sha;i be i~nmediatety d~e and payable and shail bear inrerest irom tha dafe thereoF umil p:,~d at rhe rare of
r::;e per czntum per ar.n~m and to~,ther w~th such in'ervst shaii be sac~red by the li!n of ihis mprigagz.
4. To permit, commit or suffer no waste, impr;rment or deterioration of sa~d property or eny part thereof,
5. To pay all and singular the costs, charges artd expenses, including a reasonab!e attorney's fee and cos!s of abstracts of t~t!e, incurred or pa~d at
any time by said MORTGAG;E, because or in the event of rh~ fa;fure on the part vf the sa~d MORTGAGOR to duly, promptiy nnd fully per(orm, (I~Silld~]p
exec~te, effect, complete, comply w~th and ab,dz by ench and ev~ry the stipu~a~~ons, agree~r.ents, conditions, and covenants uf said prornissory note and this
mortgage any or e~ther, and sa!d coets, charges and e+cpenses, each and every, shail be immed~ateiy due and Fayabte; whether or not there be not;ce d~
mand, attempt !o collect or suit pend~rg; and the fu!1 a;no~m of ea.h ~nd e~ery wch paymem shalf bear int~~rest from the date thereof unt~~ paid at the
:ate of r.ine per c_nt~m per annu:n; sn~~ all said costs, cha;ges and expenses inwrred or p~id, togelher w~th such inte;ast, shafl be secured by tha lien of ih[s
mortgage.
6. That (a) in the event of any breach ~f th~s Mortgage ot deiauU cn tFe part of the MORiGAGOR, or (o) fn the event any of sa;d wms pf money
herein refer,ed to be not promptty and fully paid ~nlit~in th~~ty t30; days ne>.~ aiter the same severa'iy become due and payable, witnout demand or nonca,
or rc) in tha evenr each and every the stipu:arions, agreeme,~ts, conditions and co~enanrs eE sa d promissory no!e and th,s rnoifgage any or either arp not
~uly, pro+nptly and futiy performed, d:scharg~_d, exec~ted, effected, tompleted, campGed w~~h and abided 5y, then in either er any such ev~nt the sa~d ag~
gregate sum ment;oned ]n said promissory note then remaining unpaid, with ir.rerest accrued, and aiI moneys secured hereby, shalt became due and pay
able forthw~th, or rhereafter, at the opt;en of said h50RTGAGEE, as fully and comp!e•eiy as ii all ofi the said sums oi money were or~ginally sCpu;ated
to be pa:d on suth dcy, anything in s;:c pro~nissory not= or in this hlortgage to the conhary nor.vithstandh~g; and thereupcn or iFereaftar at Phe opt~on of
said MCRiGAGEE, wrthout nor,ce or demand, suir ar law or in equity, therefore or thereafrer begun, may b^ prosecufed as if all moneys secured hereby
hsd mawred pnor to its institution.
7. That in the event rhar at the begi~in;ng of or ar any time per,dfng any surt upon this Mortga~e, or to forzdose it, or to reform it, or tb enforce
payment of any clalrc~s hereunder, safd h10RiGi+GEE shall apply te the Court havir.g junsd:crion tnereaf fcr the appo~ntmern of a Rece~ver, such Courf shail
Forthwith apj>o~nt a receiver of said mortgaged property all and singu!ar, incl~d.ng a~t and singular the ir.come, prof~ts, iss~es ard revenves from whatever
se~ite drrived, eatF ard every of wh'ch, it being ixpressiy vnderstood, is hereby mortgaged as if spec~fically se! fo~th and described in rhe c;r:.nfing and
habendum c!a~ses herevf, ar.d such Reteiver shalf have all the braad ar.d ef4ecrve funct,ons and powers in anyk•ISC entrusted by a Covrt to a Rec::iver, a~~,d
:uch appoinime~it zhali be made by such Co~rt as an ad,nit;ed equity and a matter of a6solv~e t;ghd ro sald MORTGAGEE, and withcut teference to tne
adequacy or inadequaty of the va!ue of the propcrty mortga3ed or to the so:wncy or inso;vcncy of said MURIGAGOR e~ th~ deiendants, zr.d ~h;t such
rems, proiits, income, iss~es and reven~es shall be appiied by svch Recaiver accerd,ng ro the lien or ea~~~,y of said h102TGaGEE and the practice of such
Court.
8. Io duly, p;ompi!y and fully perferm, dls:hacge, execute, effect, compiete, cornpl,~ w7th t,nd a6idz by each and every the sNputarions, agrezrnents,
conditions and co~enanrs ~n sa~d promissory note a~,d th s mergage set forth.
9. That in the event the ownership of tne rnortgaced premises, or any part thereo', 6ecomes vested in a person other Sh~n the MCRTGAG03, the
M110RiGAGE[, its suctessors ar,d ass~gns, may, without r.ot;ce to the MCR7GAOR, deaf with such suaessor o~ successor in irt~rest with !eierence to tnis
mongage ar,d the d=b! hereby secured in ihe sam? ma~~n~r a5 with Mortg;g~r ~,witno~t in any ~vay vitiating or d scnargir.g the ~ltertgagors' I~abiiity hzre-
under or upon the deLr hereL'y sewred. r~o s:~'a uf th; F,•rr;;s^s h~•reby mortgayed a^d ro forbearance on ihe parf oi th~ 1A.ORSGAGEE or i!s 5uct^ssory
or essigns and ro Axrtnsion ef the time for the payme+jr oi the deb~ hereby sec~red given by ths hS~RTGAGEE or ;ts success~rs or ass gns, anall operate
to reiease, d~s:harge, mod~fy ch3nge or afie<t the cr~ginai liau l:ty of the MORTGAGOk herein, either in whole or in part.
10. !t is sner.f~cally agreed that t~me ~s of the esser.ce ef thls contr~~t and thar no waiver of any ob'igat:on hereunder or of the ob!igation se-
c~red hereby shaiE at any time thcreafter bz he!d to be a waiver of th~ tem~,s hcreof or of the inatrvme»t secvred he~by.
il. In ;d~.rion to the forego'ncJ ,n~nthlY payn.~nts of pr~r,c~F:ai and ir.r,rc~st rea~~re~ k~y fhe prom:sscr~ ny~ s~zc,ned herebj, morig3jor cover.ant>
ar.d agrees !o pay ro mort~agee v.ith each mornh:y p>.~:,ent an add:r,or.al ,um cs'~n,ated b~ mo~tgaoe~~ to be eqval to 1 12 of t~;e un ;ual co;t ot the foiiow-
ing:
~ A.--~ii rea( property taxas levi_;; ar assess~u aa};",st ttc aco•~e descri~cd r:a! esrate.
E-Fr;:n:u o? {ire and nir,CSterrn inc~~r, rca as i•,ere~n requ;red ?0 6^ c::rried cr th? im; ro~•e~nnnrs s'.tua!e Or ff;~ aboce d_striced prem~5es.
'r
~ C-Pre:r,iur~,s o? such mortgage guaranvy ic;vra~ ce as m„rtgagee snail ',~o:n Cme to time dcem ft to carry on ihe !oa~ s^c~.,red hereey.
t :'ortgaqee s~~a'I fro~; !i~ra to t-~ no ify rrc t~~7~r ~ri ,vr:t~ng of the a,a.;~t doe ard payab'c hereu~dcr a~d s:,ch sv^~ s5_'I th:revpon b~ d~e and
~ ;.s~cE'e on nc~r d:,e care of ~hc- n xr rno~~hi~ p~y~ _ u ar,~ e~ch successive ornh !I:ereaft_r u: !i: mc~tgagee s'~aL' not.fy rr:or?~=_,-,or of a_hange in w:h
a•r~eunt. Su:n sums sha:i be app:ied by mort~;- : to:.ard ri:e payment of r~al property taxes, insura:ue pre~, urns, and mo!tgag~ C~Udfdfih~ irs~rar,c~
p'BmiumS. -
, !N '::{TNESS :JNER~OF, the sa:d AtiOR7'GrG.^•R has hereunto set his ha~;d and seal the day and year first afores.>.id.
S~gned, aled a elivered in the ~resance o;: ~ -~~L---_.5~~
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- - ~ ~Seal)
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SiATE OF FLCR~DA ~ .
u.
COUNIY OF __~_~~~t Ll~_~~___ ~
Before me penonaiiy appeared RAV
I710?1d . ~j~]?,~_ _ and
PRnAT~~, Ki his wife, to me weil krcwn and known to m: to be
thA indivldu~'a des:ribed in and viho e~uted the foregoing ir.,trument, and acknowiedged before me ihat they executed the sa:ne for the pur~oses
therein expressed. And tt~e said_ ~i',lpp~jnjn H. K~.
n~-___
.vife o/ the s~id R vpon a separate and private
exam'ndr;on by me taken saparate and apart fru~~ her sal- husband, ac4nowledge to and befor~ me that she executed said instrument freely ar.d volun-
'~-~:y and w~rhout any compvision, constraint, spprehens~~or fear of or from her said hus n.
::i7'dESS my hand and offic~a( seal this_____..~ ' day of A. D. 19~....~
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f'dotary publie in ar,d ( he State of Florida a! large
My Commission expir :
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~~-st,P~dtTa2~Sav~ftgj~~?i''Oan Asso:iation a ~ ihl'r~ $1.??~ p{ F'~~'~~ _+1 1:~.~~?{
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