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1. To pl~n ~nd aaMirwova~Y krP a^ the b~%~!dings now or hereaft~r ?ituat~ on said irnd snd an ~II equK?nNnt u+d pKSOM~~Y ~w?~d ~~^"Orq'
ap~, witFi dl p?~mi~xn~ 1}~+on p+7d in full, firo insurance in ths uswl standard polky form. in ~ twn ~pprov~d by fM NiORTGAGEE. ~nd wie+dsipm
6pwa~o~ in tl» uw~i star~da+d policy fwm, in a wm approved by tM MORTGA('sEE, in such compx+y or oanP+^i~e ~M MORT~'iA<'+EE may `
dirrcrr ~nd ~II fM~ ud windsram ir+sur~ncr po~icie~ on any o# tsid bvild~nqi. ~ny inhr~st th~rein or pan tMrwf, in tM pprpat~ wm afa~wi~d nr . ~
In ucpa tM~wf, iFwll cont~in tM usual stond~rd mnrrgagee clauie w ~uch oth~+ clause u tM Monya~ m+y nqutn. r*+M1^p ?Fw loa~ ~^dw w~d Pa4
cin, ~ath ~nd ~wry, pay~ble to wid MORTGAGEE as ]ts ir.terest mey appesr, and each end ~ve~y ~uch policy ~hall b~ pron+pt~Y ~q:q^+d ~^d dtliv~r~d to ~
~ny Mld by wid MORTGAGfE a funher ~ecurity to i+~d morrgaqe debt, and, not I~s~ than t~n (10) d~yf in adwnc~ of tM rxpiration of Hch polity, to da f,
~ivw io ~id MORTGAGEE + rMewal tMrwf, tagttMr wirh a receipt for the prvmium of wch r~newal; ~nd th~n thall b~ rw fin or windatarm Insunnc~ ~
plaad on +ny of ~aid buildinps, ~ny interest therein or part thereaf, unless in the form nnd with the loa pay+bl~ as ~fur~aid; and in tM ~v~nt any fum #
of moe~y h~tpr?es p~yabl~ ~~d~r such po~icy or po~~ciss said MORTGAGEE shall Mve the option fo raceive a~d ~pply !t+~ s+m~ on account of th~ Ind~bted-
nMa s~eur~d Aer~by or to pMmit s~id MORTGAGORS to receivo and u~e it w eny parl thereof for othe~ purposet, without thereby waivtc~ o~ impair-
inp ar+y puity, IiN+ o~r rght ue~der w by virtw of this mortgape; and in tM •vant ~a~d MORTGAGORS thall fa any reason f~it fo k~ep tM ~id p?~miss~ w
Insu~td, o? fail 1o deliver p~omptly any of tsid polities of insurance to said MORTGAGEE, a f~il promptly to pay fully any premivm th~r~fw a in any
rrsp~t~ f~il tn p~fpm, d~uhupe, ex~cuts, ~ffect, completa, tomply •.vi~h ~nd abide by fhu tovenant, a any part harwf, uid MORTGAGEE may pl~t~ •nd
paY for suth inwranc~ or a~ryl parl thtrwf without waivi~ o~ affeetfnp any optioo. litn. ~quity, w riyht und~~ or by vi?tw of thi~ Mwtpaye. ~nd tht
full MnouM oF fach and ewry wsh psy~*ar+t ihal! be immafiately dw ~nd psyabl~ and ~hall b~ar interest from tiw dat~ tPereof untif paid ~t tM rat~ of
nin~ p~r pntum pa ~m?um ~nd toy~ather with such interest shali be :ecured by tha litn of thi~ mort~p~q~.
• 4. To psrmif, oommit a suff~? no wast~, impairment cr deterior~tion of said proptrty or any paR therwf.
5. To pay ~II ~~d tiegular tM costs, chargct and expenaes, including a reesonabls attorney'~ fes and cwh of ~bsh~ of title, incun~d or pa~d ~t
any tims by taid MORiGAGEE, baeiuse ar in the evem nf the failure on fhe part of tha ieid MORiGACsOR ro duly, proneptly rnd fully p~rfam, d~uh+rq~.
~xecut~, ~ffect, compl~t~, comply with and ab~de by each and every the atipulations, sgreyments, conditions, •nd cownana of a~d promissory not~ snd thit
mortQsp~ any w~ithK, and s~id costs, cMrye~ and azpenses, cath and every, shall be immediataly due ~nd payabla; whether or not tl+ae be rotiu dt
m~nd, atttrmpt to toil~tt or suit pend~ng; and the fu!I emount of e~ch end every such pay~rent shall bear int~rtst from tM d~t~ tMrwf until p~ld at iM
rate of n{n~ per ciansum per arnium; and all said costs, charges and expensas incurred ar pa~d, together with such int~rNt, ~hall b~ wcund by tM li~r? of tha
S. Th~f (a) in tM ~va~t of a~y breach of this Mortgage or dejault on the part of the MORTGAGOR, ot (b) in tl?~ ~w~t ~ny of ~eid ~ums of mon~y
harin ref~rr~d fo ba not promptly and fully paid within th~rty (30) days next after the same severally b~tom~ due and pay~bl~, without dtm~~d or notit~, ~
w(c) In the fvent each ~r~d every the :tipulations, agreements, cond+rions and covensnts of ~~fd promis~ory note ~nd th~• mort9~y~ a~y o? ~IH+er arr nol
~uly, promptly ~nd fully performed, diacharged, exetuted, effected, completed, complied with srd sbided by, tlNn i~ •itMr or •ny ~uch ~v~nt tM Nid p- ~
pregate sum rrKntioned in taid promissory note then remaining unpaid, vvith interest accrued, and all moneys ~tcur~d, htr~by, ~hal) b~tom~ dw ~nd paY~
~bl~ forthwith, or thereafter, at the optio~ of said MORTGAGEE, as fully and completefy ai if all of the aaid wnw of money w~r~ wiyln~~~Y f~~P~~~~~
ro b~ paid on such day, +~nyfhlny in said promissory note c- in this Mortgage to the cw+trery notwitMtandirvp; and thsr~upon or ther~ah~~ at tl» option of
uid MORTGAGEE, wit?wut notice or demand, euit at law or in equity, therefore or thereafter beyun, m~y bi prw~tut~d p if •il mon~yt NCUr~d hsr~by
' hed matvred prior to its imtitution. ~
7. Th~1 in th~ event that at the beginning of or at any time pcnding any suit upon tnis Mortqaq~, or to 1oNtlos~ N, w to r~form it, or to ~nforp ~
payment of any d~ims herevndar, uid MORTGAGEE shafl apply to the Court having jurisd~aion ther~af for tM appointmrrnf of • R~tteiwr, wch Court ~hall
Forthwith sppoint a receivar of s~i~ mortgaged property all and sinyuler, includ~ng all and singular the incom~, profits, (uvq ~~d r~v~nues from whatevtr
wurce derived, each ind every o which, it be~ng expressly undersfood, is hereby mortc~eged as if ipecifically set forth and deKrib~d in th~ prantin9 ~nd ~
habendum tleuss~ hereof, and such Receiver shall have o11 the broad and effective funct~ons and powen in ~nywise tntru~ttd by ~ Court tq ~ R~t~iv~r, and
wch eppointment ~hell be msde by such Court es an admiited equity and a matter of absolute rigM to uid MqRYGAGEE, rnd withouf nfrnna to th~
~dequacy o~ in~dequacy of the value of the proprrty mortgaged or to the sotvency or inso:ven<y of said MbRTGAGOR a ths defend~nts, ~nd that suth
rents, profiri, intome, iuues and revenues shall be applied by such Receiver attording to the lien or ~quity of uid AAORTGAGEE ~nd ihe pr~ttiu of such ~
COVA.
8. T7 duly, promptly •nd fully perform, discharge, execute, effect, complete, tomply with snd abid~ by each end ev~ry th~ ~tipulation~, ~9rNment~, _
conditiom a~d covenants in teid ptomitsory note and this mortgage set forth. " {
9. Th~t In the even4 the ownership of th~ mortgaged premises, or sny part thereof, becomes vest~d kf ~ perfon othar ffisn the M~RTlrAGOR, iho
MORTGAGEE, iri succasson and auigns, may, w~thout notice to the N10RTGAOR, deal with wch wcuuor ot MxeNSOr i~ intert~t with fffffMq to thi~
martya9e and tM debt hereby secured in the aame manner as with Mortgagor without i~ any way vitietiny or diuh~rpir~ th~ Morty+9on' Ilability Ixrt
vnder w upon the debt hareby setured. No sale of the FreR~ises hcreby mortga~ed end no forbsarence on the p~rt ol th~ MORiGAGEE or it~ futtt~ion
w euigns and no extension of tfie time fw the paymenf of the debt hereby secured g~ven by tha MORTGAGEE or it~ ~uccesso~~ or ~uiqnt, ~h~ll op~raf~
ro rafeass, dis[ha?pa, modify chsnge or affect the original liability of the MORTGAGOR herein, tither in whole or in p~r1.
10. ~t i• tpecificelly nr-eed that time is of the essence of this controct and thet no weiver of ~ny obl~yation h~r~under or of 4h~ oblipation sr
[ured Far~by shall st •ny tim~ thereafter kx hald to be a waiver of the terms hereof or af the initrument secured h~rby.
11. In add~tion to the forego'ng month!y paymems o' princ'pal and ~nterest required by the promistory note secured hereby, mortflagor cov~nsnt~
and agrees to pay to mortgagee wirh each monrh;y payrnent an add~rional sum esfimated by mortga9ee to be equrl to 1~`12 of th~ ~nnual cwt of th~ follow-
irtg:
A-All r:e4 ~ra~rty taxes levied or assessed aga~~~st the above descrihed reai estate.
B-Premium: on fire and windstorm ~nsurar.ce as here~n req:,~red to be carrled on the impravemen!t situate on the •bova described pr~misn. 1~ ~
C-Premiums on such mortgege guaranty ir,s~rar~ce as morrc~agee shall from t~me to time deem fit to arry on th~ lo~~ seturod h~reby.
Mortgagee shall from time to time nctffy mort~;ager 1~ w~~tfng of the amouat due and payable hereundcr and Wch s~m shall thrr~upon b~ du• and ;
payable on the due date of the next month;y Faymenr and each successive month thereafter untii mortgagee thall notify mortg~gor of ~ cFanp• In ivch
amount. $uth sums shall Ix applied by mortgagee tov~.•ard the payment of real property fnxes, inwtance ptem:umY, and rrtoripapa yuerinty intutenc~ ~
premiumf. ~ `
IN WITNE55 WHEREOf, the ~aid MORTGAGOR hzs hereumo set his hard and seal the day •nd y~ar fint ~fonteid. ~
Si rwe l lad~rfn eliv i the preaence of:
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_~SEl~~
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STATE OP FIORIDA ~ . ~
55.
couNn oF Saint T.,v~~i~ ~
Before me penonelly appeared Ms __H . xOI1ByClati'ti _ and
L111H v8T1 H911Qy~ t'r his wife, to me weil known and known to me to l» i
the indiridusls destribed in and who executed the foregoing inatrument, end acknowledged before me that thay executed the same tw the p~rposas
rherein expressed. And the said._. LU~B v8I1 HOZI9~CL1~ ~i ~
wife of the ss+d M x011A4G'Ll~'i~i upon a seporete snd privat~ i
exemination by me taken se~:ate and apart from her said husband; acknowledged to and before me that she exe=uted said instrumenr freely snd volum
tarily and without any compulsion, constraint, apprehensio r fear of or from her said husband. ~
WITNESS my hand and offit~a! :eal th~s__~~~~ day of A Sti A. C. i9~2_ ~
s ~ ~ - - - I~L.~~IJ ~
• Notary P~blic in and for the State of Ftoride at Lirqe
My Lommiuion ~zpirea: ~ 3~G 5 ,
Return 70: • ~ ~ ~ - : r ' ; ~_3~ ;P :
Fu"' '
Fint Fedenl Savi~gf 3 Loan Associat~on flotary • ~ 3 19~>; ~
Nly Co~;,:.. , . Y,
Of Fort P~erce. ~p~Cd U~ -d~~ ~'~r~:y t;O,Df ~
F~ e;.+~:"k~,a~:,;~~ '~v. ~ AN~ RE~OR
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