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Yo place a~d eonrinueusly kNp on th~ buiidinqs now a hsr~~h+? ?itwt~ on s~id ia~d ~nd on ~ii puipm~wf ~nd perwn~tly cowr~d by t~?M rnatp- p~, wifh ~I) prrmivi*n the?~a+ paid i~ fuli, fir~ irovranc~ in rM uswl sta~+derd polity form. in a ~un+ approwd by Nw MOkTGAGEE, ~nd windstorm kw+?ano~ t~ Hr wwi u~ndard policy fam, fn • wrn appro~r~d by tM N10R7GAGEE. in tuch compa~y w cwop+hiu a H+~ N19RTWGEE in+y dk~c~j ~nd ali ffro u~d wkd~lorm inwr~nce policir~ on any oi said build~ny~. ahy int~rNt IMrsin or prn ther~of, k~ th~ apq.pat~ sum afa~said a In ~ tMnof. ~MII cont~in th~ uswl stand~rd mortfla9e~ clau~e or ~vch otFNr dws~ tM Mortyaye~ m+rY r+quu~. makir+p ~M lou u~+dN ~+id poli- dM, wth and ewry, paY~bk ro s~id MOR7GAGEE aa i~i intercst may ~pp~a~, ~nd each and wery svch policy ahall b~ prompily a~s,yned ~nd d~liv~?ed ro .~ny heW by t~id MORiGAGfE as furthN a~cwify ro s+id mortyaye d~bt, and, not 4u tMn hn (10) days in advanc~ of tM expiration of a~ch policy, ro de- ~IvN to ~rid MORT6AGEE •?~Mwal tM~of, toy~thM with ~ receipt for th~ prv~mivm of tuch ~~ruwbl; ~nd thsn fh~ll b~ no ffrt or windstorm insuranc~ plK~d on ~ny of ~aid b~ildlrps, ~ny int~~~tt 1hK+in or part rher~of, ~nla?s in ihe fwm ~nd with tM loss payabl~ aa sfons~id; a~d in th~ ev~nf •ny tum of r~y ~coma p~y~bl~ ~ndK wch polky a policisy said MORTGAGEE shall have tM option to nceive snd apply the ~sme on accouM of th~ ind~bted- Me: Ncw~d h~r~by pr to pMmit said MORTGAGORS to re[eive and us~ it Or eny part thereof for othc~ pu~peses, w~tho~~ thereb{ waiving or ~mpair- tnp any puity, li~n w riyht undsr or by vi?tw of thu mortQpe; and in ti+s ~wnt aid MORTGAGORS shall for ~~y reason fail to keep the said pr~mius w MMUnd, w fall b deliwr promptly ~ny of faid pa~ida of ins~x~ncs ro uid MORiGAGEE, w fail promptty to pay tully ~ny prsmium tMrrfa w in anY r~sp~ci fril b p~rforn~, di~cha?~. ~x~cute. ~ff~ct, tompl~t~. complY wirh ~nd ~bide by this covenant, w ~ny part herwf, said MORTGAGEE may p~ace and p~y Fw such inwr~na w~ny pan M~r~of without w~lvinp or aff~ctirg ~ny optia?, li~n, puity, w ripM unda or by virtw of vhi~ lNwt~ap~, a~d the full ~rrwuM of sath ~d ~wry suth paym~nt si+all b~ imm~di~tsly dw a+~d payabl~ and sMll bsar interQSt from tM d~ta tMreof u~til p~ia at tM rat~ ot nin~ p~r wntum p~r ~nnum and together with such interest shall be sacured by tM li~m of thi~ mortgape. 4. To p~nr~it, oommit or wffer no was?~, imp~irerwnt ot deteriwatior~ of s~id proparty or •ny pan thereof. 5. To pay all and ~1n9ulu fh~ coats, ch~rqe~ and sxpensas, includinq a roawnable attomey's fee and co~ri of abstract~ of title, inturrad or paid ~t ~ny tims by s~id MORTGAGEE, brtauas w in the ev~nt of the failvre on the part of th~ said MORTGAGOR to duly, pramptly snd fvlly perfurm, dittharg~, ~xstvN, tfhci, tompl~t~, comply with and abide by ~ach •nd every the stipulations, agreements, condition~, and cownanra of seid promiswry note and thi~ moH~p~ ~ny or ~ithK, and 1~id oosb, ch~rQes ~nd ezpenies, Nth and wery, ~hsll be immadiat~ly due and payabl~; whether a no1 there kx notica da n?~nd, attempt fo collect or wit psndings +nd the full amount of each •nd ewry tuth payment shall bear interest from the data thareof until paid •t the r~te of niMe per centum per annum; snd all seid costs, chargat and expense~ incurred a paid, together with such int~r~st, ~hell br s~cured by tha lien of thi~ mort~+p~. ~ d. Th~t (a) in the ev~rst of a~y brexh of this Mortgaqe or default o~ ths part of the MORTGAGOR, or (b) in the svent a~y of s+id s~ms of money Mr~ln r~fsrrad to be not promptly end fully paid within thirty (30) days next after tha tame severally become due end payable, without dema»d or notice. nr (ej tn N» rvtnt e~th an~ every the stipulations, agreements, canditions and covenants of aa;d promiswry note snd th~s mortqege any ar either are not ~uly, promptly ~nd fully performed, diuMrged, exrcutcd, effected, comp!eted, complied with snd abided by, then in ~ither a~ny ~vch ev*nt ths said ~q- prpat~ sum nuntioned in said prnmissory note then remaining unpeid, with interest accrued, and all maneyt tetuttd hereby, sh~ll betome dw and pay- ~bl~ forthwith, or tMreafter, at the optio~ of ~aid MORTGAGEE, af fully and completely aa if a~l of the sa~d i~ms of money were oriyin~lly stipulated to br psid on s+xh day, enythinfl in sa+d promisaory note or in this Mortgage to the contrary notwithstanding; and tFrorevpon or thereafter at the opt~on of ' aid MORTGAGEE, without notice or dem:nd, suit at law or in equity, therefore or thereafter begun, myy 6e prosctul~d u if •II monay satured hersby had mafur~d priOr to in in~titution. 7. That in tM event that at the beginning of or et any time pending any auit ~pon this Mortgage, or to for~clo~e it, or to reform it, or to enforc~ payment of any tlaims her~vnder, s~id MORTGAGEE shail apply to the Coun having jur~sdiction thereof for th~ appointmcnt of a Receive~, ~uch Court sh~ll forthwNh appoint a rsceiver of wi~l mwtyaqed proptrty all snd singul+r, i~clud~ng all and singular the incom~, profits, Isfu~s and revenves from whatever w~rC~ derivsd, eath ~nd evary o~ which, it beiny •xpressty understood, is hereby mortgaged as if spec~fically fet forth and de~cribed in the 9ranting •nd habend~m dauses hereof, and such Receiwr thall have all the broad and effective funct~ons and poweri in anywise entrusted by • Court tQ a Receiwr, and •uch appaintment ihsll be made by such Court as an sdmitted equity and a ma?ter of e6solute right 1o uid MORTGAGEE, •nd wirhout refer~nca to the ad~quacy w inarJtquacy of the value of the property mortgaged or to the solvency or insalvency of said NlORTGAGOR or the defendantt, end that such rents, profits, income, iuues and ravenues ihall be applied by iuch Receiver atcording to the ~ien or equity of a+id MORTGAGEE and the practice of such CouA. To duly, promptly and fully perform, discharge, execute, effrct, complete, compiy with and abide by each and every the stipulations, sgreements, conditiom and coven~nts in said promissory note artd this mortgage set forth. 9. That in the avont the ownership of the mortgsyed premiaet, or any part thereof, become• vesled in a per~on other than the MORTGAGOR, the MORTGAGEE, itz suteeuors and sssigns, may, without notica to the MOR7GAOR, deal with such sutcessor or wccerswr in interest with refer~oce to thi• morty~pe •nd the debt hereby secured in the same manner as with Mortgagor without in eny way vitiating or dischsrfling tha Mortyagort' IisbSlity herr under or upon the debt hereby setured. No ~ale of the premises hereby mortgaged end no forbearence on the pert of the MORTGAGEE or itt sucte:sor~ or ~asigns end no extension of the time for the payment ot the debt hereby aecured given by the MORTGAGEE or its succexsors or aatignt, ?hall operots to relewe, diuharpe, modify thange or aftect the original liability of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agrerd that time is of the essence of this contract and that no weiver of any obligation he!eunder or of the obliqation fe- tured hsraby sh~l~ at any time thereafter be held to be a vvaiver of the terms hereof or of the instrument sec~red herby. 11. In addition to the forego:ng monthly payments of princ'pal and interest ~equired by the promissory nere secured hereby, mortgagor cov~nanta and agrees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1 j 12 of the anrual tost of ihe follow- ing: A--AII real property taxes levied or assessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein requ'~red to be ca~ried an the improvement~ :ituate on the above described premises. C-Premiums on such mortgage guaranty i^surance as mortgagee shali from t~me to time deem fit to csrry on the loan tecured hereby. Mortgagee shali from time to time notify mortgagor in writing of the amount due and payable hereunder and auch suri ahall shereupon be d~e and payable on the due date of the next monthly payment and each successive month thereatter until mortgagee shall notify morigagor of a change in such ~mount. Suth aums thall be applied by mortgagee toward the payment of real prcperty taxes, insvrance prem;ums, and mortgege guaronty insurance pr~miuma. . I WITNE55 WHERE F, the said MORTGAGOR has hereunto set hia hand and seal the dey a ar fir~t aforeui , aled d d iv in ~he pre~ente af: . . _ ' al) , (5~~1) _ ~ (SKai) (Seal) STATE OF FLORIDA ~ 5S. couNw oF S t_ Lue i e 8efwe me penonally appeered j~ji_r h A c+ 1 ,~f ,Ki $ g ggl and F.1 izabeth M~ K~A89A1 his wife, to me wefl known and known fo me to be the individusls desuibecl in and who executed the foragoiny instrument, r~d acknowledged 'eefore me that they executed the anme for the purpoies therei~ ~xpressed. And the said ~lizabeth M Ki g qqe7 wife of ths iaid ~~CYla9~ L_ ~~B99A1 ~~yodrlt~~dppr~te'md private examination by me teken separate and epart from her said husband, atknowleJgsd to and befor~ me iha4 she exetvted s~ i~IQum»ni.-jfryq~'y ~~nd-xo~vn- etrily ~nd with~vt any compu?sion, tonstroint, apprehtrt~ion, or fear of u from her said husbsnd. WiTNE55 my hsrrd and officiel sesl thi~~L,~1~+ day of _ I1:•D. ~j4;~ ^ ~ ~ 4 . ~ ~ f~': . . . - i~ Notary Public in end for tl'C'j St~a.of Ft6f''rdi eF LNQ~ My C'ommission txpirs~: ~ ~ ti / ~ ('Ji, ~ . : ` . Return To: ~'~~~yt ~ ` Fint faderal 5avirtg~ 6 loan Associ~tion a - of P,e"e. F I L E A N D R E E O Mara~r Puaue, srar~ ot~t r~4~.£. . Fpn Pierte, Flotida !?S BOOK Ml~ COMMI3SION EXPIRES AP ,,2'~,,,Y989~t`~.` y ';,~~~illltlil~~/;/, , fl ~ Q iJ ~ . ~ _ ~ - '65 ScF I 4 PM 2 : y5 ~ - ~ 13~3~'~`7 , ~ , i~~ ' ` ~ ROGER P~i i raS. CI.ERK % ' ST. WCIE COUNTY. ~ J~; ~ FLORIDA $OQ(~~ : 4.~ - . _