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3. To place end continua,sty keep on the bui!dings now o~ here~fter tiruere on s~id land snd on ~II equipm~t hnd p~ryanslty cawr~d by this mdrtg-
~q~, w~th •li pr~rnic,rns thereon pa~d in full, f~re irtsurance in the usuel s~andard pot~cy form, i~ • sum approv~d by ~he MORiGAGEE, a~+d w~ndstorm
infuranca in the us~al srandard pol.cy form, in • sum a~proved by the MORTGAGEE, in ~uch tompany or companies a~ th~ MORTGIIGEE m~y t
dircN; ~nd all fire end windswrm i~surance pol~cies on any oI sa~d lwiid~ngs, any intare~t therein or part tht~wf, in ?M ~ggreQ~t• wm afor+a~id a `
In ~xcssi fhereof, ~h~ll contain the usual srandsrd morrgagee ci~usa or i~ch oth~r clause s~ th• Mo~tp~q~ m~y rpu:r+, makinq tl+~ lost undar faid poli-
cies, each and svary, payabls to aaid MORfGAGEE as ita interest may appear, and each end every ~uch polity ~hall bs promptly ~ss;yn~d and deliv~rsd to
~ny held by said MORiGAGEE aa iur~her security to setd mortgage debt, and, not less than ten (10) days in advance of the expiration of each polity, to dr
liver fo aaid MORTGAGEE a renewal thereof, togethsr with a rece~p~ for the pr~mium of such renewal; and thers ihell be no f~re or wi~dstorm inturance
pfeced on any of said buifd~n,s, any in~ereit there~n or pert thereoF, ~niess in the fo~m and with the bss psysbls as aforesaid; and in tha evant any ium
of money becomes payabFe vnder such policy or polic~ea Nid MORTGAGEE shal~ have ihe optiOn to receive and apply the ume on accoum of the indebted-
nes~ sxured herpby or to perm~l ~aid MORTGAGORS to receiva and use it or any part thereof far other purposei, without ihereby waiving Or ~mpai~-
+ng any equ~ty, Uen or ~igb~ under or by virtue oF this mor!gage; and in the evcnt said MORTGAGC7R5 ~ha~l fot any reawn fail to keep the ~aid premises fo
insured, or fai! tb deliver promptly a~y of said pol~cies of insurance to said MORTGAGEE, or fail prompt~y to pay fully any premium therefor or in any
respect iaif to perform, discharge, execute, effect, complete, tomply with and abide by thii covenent, or any pmt hereof, feid MOR7GAGEE may pl~ce and g
pay for svch insurance or eny part thereof without weivirtg or affe<ting any option, lien, equity, or riqhT und~r or by virtue of this Mortyage, ~nd the ~
f~ll emount of eath end every such paymem ~hall bc immediately due and payabte ~n~ •hall bear intcrest from tht dst~ thareof unti! paid st t}~e rate ot `
nine per cantum per annum and together wi~h such intarest sha11 be sac~red by the lien of th~i mortgafle. ~ ~
4. To permit, commit or suffer no waste, impairment or deterioration of said propcrty or any paft thereof. { ~
5. Io pay all and s~ngular tM costs, c.4arges and expenses, including • reasonab~e attorney's fee and tost~ of eb~trattf of title, incurr~d or paid N ~ ~
any time by said MORTGAGEE, beca~~ae or in the evcnt of thc failura on the pert of tha seid MORTGA(',pR to duly, pramptly snd fully p~rfwm, diatherys. ~
execute, effed, complete, tomply w~1h and ab;de by each and evary the stipulationa, agreemants. cor.dilions, and cov~~entf of •aid promissory note and thii ~
mortgage any or e~ther, and said costs, chargex ar.d expenses, each and every, shall be immediateiy due end payabla; whether or not th~re be ratia d~
mand, atrempt to collect or ~uit pend;ng; and rhe full amount of eech and evary such payment ~hall beer intertst from ths dete thareof unfil pald at the
r~te oF nine per centvm per annum; and all sald eosts, charges and expenses incurred ar paid, together with such Inta:~st, shall b~ tetursd by th~ lim of th~~
mortgage.
6. Thet (a) in the event of any brrach of this Morrgago or default on 1~ part of the MORTGAGOR, or (b) in the ovent ahy of said wm• cf money
harein referred to be not promoNy and fulfy paid within th:rty (3U1 days next after the same severally becOme due ond a~yable, withqut d~m~nd or ~otits,
or (c) in the event each and every the stipvfatiens, agreements, conditions and covenents of sa;d pramissory note end th~s m4rfqepe ~ny or efthet sre not
~~ly, promptly and fufiy peiformed, d~scharged, execured, eifected, complr!ed, complitd with and abidad hy, th~n in eithtr or any wch 4v~nt the ~sid oq~
gregate sum mentioned in said promissory note ihen remaining unpaid, with interest accrued, and all moneys sec~red hereby, shall be~come dw ~nd p~y
able forthwith, or thereafrrr, at the opt;on o! sal~ MOR7GAGEE, as fully and completely as if all of ihe ~aid surrr of money were onpin~lly ~lipulsted ~
to be pa;d on such doy, anylhing in sa:d crom~ssory note or in this Mertgage to the contrary notwithatandiny; and th~r~upon or thereafter et the option of
said MORTGAGEE, without notice or demand, suif at law or i~ equity, therefore ar thereafter btgun, may b+r pro~ewr~d u if •11 mon~yf fsturad hereby ~
had matured pnor to its institution.
7. That in the event that at the beginning of or at any t~me pe~ciing any suit upon this Morr9a9e, or to for~clot~ it, or to reform It, pr to enforL~ ~
paymens of any ciaims hereunder, said h10RTG~aGE~ sha!( appiy t~ rhe Gourt having jurisci(dfon thrreof for th~ eppo;ntmer,t of a Receiv~r, ivch Court shsU
forthwith appoint a receiver of seif! mortgaged property all and singular, includ.ng a11 and aingular the income, profits, isau~~ end ~CV~nuef ffOm whatev~r ~
so~rce derived, each and every of wh;ch, if being exp~essly understood, is hareby morrgaged as if ~pecifically fet forth and deseribed in fh6 gtintinp and
habendum clauses hereof, and wch Receiver shal! have a:l fhe broad and effective funct;ons and power• in •nywite entrusted by a Court tq ~ Reteivsr, •nd ~
scch appointme~it shalt be made by w.h Court a: ar. admitted equity and a ma!ter of absolute rigM to uid MORTGAGEE, ~nd without refennu to ih•
adequacy or inadequacy of rhe va!~e of the prcperty mortgaged or to the so~vency er in:olvency of said ML7R7GAGl7R or the dafendents, snd that auch ~
rents, profirs, income, issue~ and revenues shall be applied by such Rece~ver according to the lien or eq~ity of uid MURTGAGEE snd ths practiu of wch
Court.
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I 8. To duly, promptiy arc! fully perferm, discharge, execute, effect, complete, comply with e~d abide by eech and ovary rhs itipulation~, a4rNments, ~
conditiona and ccvenan~s in said promissory note and rhia martgage se! forth. '
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4. That in the rvent she ownership of the morlgaged premises, or any part t'~ercoi, betomes vested in a perwn other tha~ the MORTGRGOR, tho , ~
~ MpRTGAGEE, its successors and asslgns, may, witiiout no;ice to the MORTGAOR, deel witf~ such tuccs~tor or ~utatswr in interest with rmferencs to thit
mortgage and the det>t hereby secured in the same manner ae with Mortgagor wiiho~t in any way vitiating or disch~rpin9 the Mortflagors' liability h~rr ~
under or upon the debt hereby secured. No saie of the Frem~s?s hereby mortgaged and no forbearar,[e on the pert of the MORTGAGEE Or iq t~cteasor~
ar assigns and no extension of rhe time for t1;e payment of the de6t hereby secured given by the MQRTGAGEE or i1~ tucteuort o! euignt, •h~ll op~rote ~
r~ release, discharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole or in part.
10. It is spec~f~cally agreed rhat f~me is of the essence of this cor~tract and that no weiver of any obli9atiqn hereunder or of th~ Oblifl~tion re- ~
cured hereby sha(I at any time rhereafrer be heid to be a waiver ef the terms hrreof or of the instrument secursd hirby.
1 i. In add.rie.~ to the fo~ego'+~g rronth!y paymer,?s of p~lnc pa) end interest requ~red by the promistory no!e sec~red hereby, moriflagor eov~nantf ~
ard agrees to pay to mortgagee ~.!?h each m~nth~y payr.~ent an add,r.onal sum est:mated by mortgagee to 6e equal to 1 j 12 of the annual cost of the foUow-
ing:
A-All reat property tzxes lev~_d er assesscd ag>i•,sr rhe ahove described reat estate. ~
~ B-Fr~mi~rns on fire and wi, dsrorm insurarce as nere~n requ;red to be carried on the improvementt situaPe on the ebove de~cribed premites.
7 C-Premiums on such mongaqe guaranty insurar.ce as mcrtgagee shail fro.^: time to time deem fit to urry on the loan ~ewrad hereby. ~
x Mor!gagee snail frcm tl~» e to r~me nc~ify m~rrg~gcr ~n writing of the BTOU^t d~z and payabte nereunder ~nd ~uch tum shalt thersupon be dut and
~ payab)e on rh~~ c,e dare ot rhe rexr ~r.or.rh!; p~y.r,~nf a~;d ea,h success~ve rr~onth thereafr~r ~r~t~l mortgayee ihall notify mortgagor ~f e change in tuch i
an,ounr. S~ch s~ms shail be app!icd by mortgagee rov:ard tne payment of :eai prcper,y taxes, insuronce prem.umi, and mortgaye 9uareniy Inwrenct
p'emiums. i
~ IN tiY1T?~ESS +rHERi:OF, the said Mt~RTrAG"UR has herevnto set his hard and seal the dey and r fint aforesaid.
Signed, Ied an elivered in the presence of: ~ S
~ ~ Lr ~ r/d..La~,_~Jti~) ~
C ~l~
- _(50.~) ~
- - - (Seal) ~
STATE OF FLORIDA ~ I
eauNfY oF __._S~int Lezci~ _ i
f Bzfo*e me persanally appeared C*@02' PG' ~Tone s. & 81I-1 ~P at~1,1].'f, ~ '
- ~ 1~2i
!Gi{viGii, to me we11 known and krtown to me to be
the individua' desvibed in and whu executed the fore~oing instrumenf, and ackrowfedged beforo me that '1G2Gr executed the same tor tha purposes
fherein expressed. A[li[]~Y~-~~~___ }'lg
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~ WITNE55 my hand and official seal ~his_ ~U ~ day of A. b. 19_~~
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' ~E a A N D R~~ 0 E~ D E D Nosary Qubiic in d for ihe State of Florida at Larfle ~
/ : ! * ~ ' ~ ~ ~ ~ ~ ~ My Commission expirei: ~/~/6 ~
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First F~eta~ ' tavin~s d Ctsar, A9zoCi~lion ` ~ r
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, _ - ~ , ~ ~ ST. ~L:1C~E COUNTY. _ • ~
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