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To plact and continuoualy kcep on the bui!d~ng: now or hereafter ilt~ate on ~a~d Isnd and on ali eq~ipmenf ~nd p~rton~lly tovered by thii morfg- p~, w~th all premium? thereon pa~d in full, f~re insu~ar.te ~n the ~wai standard policy form, in a sum approw~d by the MORIGAGEE, and windstorm i~surence in the usual srendard pol~<y form, i~ e sum approved by ~he MORTGAGEE, In such tompany or companies as tha MORTGAGEE may dired; •nd all fire end windstorm insurence poGc~es on a~y of said bui~d+ngs, eny in!rrest therein or part thereof, in the agg~epate sum iforewid or in sxceu thereof, shall contain the u~ual standard morrgegee clauae or auch other tla~se as the Mortgagee may require, mekiny ihe loss unde~ u~d poli- cia, eath and every, payable to seid MORTGAGEE as ~ts interest may appeer, and each and rvery such pol~cy sha11 be promprly s~s.gned and de~ivered ro any hald by sa~d MORTGAGEE aa furrher sec~rity to said mortgage debt, and, not tesi than fen (10) deys in advance ~f the expiretion of each policy, to dr livs~ to said MORTGAGEE a renewal thereof, together with a rece~pt for the premium of auch renewal; end rhere fhall ba no fire or winds~orm inwrance plsted o~ •ny of said buildi~ys, any interest therein or parr thereoi, un!ess in the form and with the loss payab!e af aforesaid; and in fhe event any tum of money bttome~ payable under such policy or pofcies said MORTGAGEE shall have the optfon ro receive and apply tha same on account of the indebted- nsu secured hereby or to permit said MORTGAGORS to receive and use it or any part ther~~of for other purpoees, without the~eb~ waivi~~g or ~mpair iny any equity, lien o~ right under or by virtue of this mo:!gage; artd in the event said MORTGAi`iORS shall for sny reason fail to keep ihe aaid premisas so insurad, or fail to deliver promptly any of said polities of ins~rance to ~aid MORTGAGEE, or fail prompcly to pay fully any pre~nium therefcr or in any re~p~d fail ro perform, discharge, execute, effect, comp~ete, comply with and abide by this covenaM, or any pert hereof, said MORTGAGEE may piace and pay for such insurence or sny part thereof without waiving or affectiny any option, lien, equity, or r~ght under o~ 6y virtue of this Mortyaye, and the tull amount of eech and evtry tuch payment shall be +mmedietely due snd payable and shall ~ear interest from th~ date thareaf until p~id at the rate ol nir.e per centum per ar.num and together with auch interest shall be secured by the lien of thif mortgage. I. To permit, commit w suffer no waste, impairment or deterioretion of said property or any part thereof. 5. To pey all and singular the costa, charges and expenses, including a reasonable ettorney's fee and costi of abstratt~ of title, incurred or paid et eny time by said MORiGAGfE, beca~se or in the event of the failure on the part of the said MORTGAGOR to duly, promptly end fully perform, ditcharge. axecute, tffett, comptete, comply with and ab:de by each and every the ~tipulat~ons, agreemants, conditions, and covenants of said promissory note and tl~i~ mortgage any or either, and aa~d costs, charges and expenses, each and every, shall be immeciiately due and payeble; whether or not there be r,oti<e de~ mand, attempt to collect or sui~ pend~~g; and the full amount of each and every such payment shall brar intere~t from the date thereof until paid a1 the rote of nine pe~ centum per aniium; and all said costs, charges and expenses incvrred ar paid, together with auch interott, :hall be setured by the lien of th;• mortp~ys. Y 6. Thai (e) in the cvent of any breach of fhis Mortgage or default on the part of the MORfGAGOR, or (b) in the event any of said sums of money herain refarred ro be not promptiy and futly paid w~thin th~rry (30) days next afrcr the same severally be<ome due and payable, without demertd or notite. or (t) in the event e~ch and every the siipulations, agreements, conditions ar.d covenants of sa~d promissory note and this mortgege eny o~ either ere not ~uly, promptly and f~lly perforrr~ed, d~scharged, exec~ted, effected, completed, compfied with and abided by, then in either or any such event the sait! ep- preqate sum mentioned in said promissory note then re~njining unpaid, with interest atcrued, and all moneys setured hereby, shall become due end pay ebls forthwith, or thereafter, at the opr~on cf said MORTGAGEE, as fuily and completely as ii atf of the sa~d s~ms of money were or~ginally stipulated to be paid on such day, anything in sa:d promissory note or in this Mortgage to the conr~ary notw~thstan~iny; and thereupon or thereafter st the option of taid MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may bo prosecuted ss if all money setures~ hereby hsd matured prior to ets institution. , 7, ihaf in the event that at the beginning of or at any time pendir.g any suit upon this Mortgage, or to foat<lose it, or to reform it, or to enforte payment of any claima hereunder, said MORTGAGEE shall apply to the Courl having jurisd~ction th~reof for rhe appointment of a Receiver, tuch Court shall forthwith appoiM e receiver of saifl morfgaged property all and singular, includ~ng all and singutar the income, profib, issues and revenues from whatever wurce derived, each end every of whlch, it being expressly understood, is hrreby mortgaged as if •pec~fically set forth and described in the yrsnting and habendum ua~ses hereof, and such Receiver shall have all the troad and effective funct.ons and powers in anywise emrusted by a Ceurt tp • Reteiver, and such appointment shall be made by such Court as an admitted equity and a matter of absotute r~ght to said MORiGAGEE, and without refetence to the sdequacy or inadequacy of the val~e of the property mortgaged or to the soivency or ir,solventy of sa~d MORTGAGOR or tfie defendants, and rhat such rents, profits, incomc, issues and revenues shail be applied by such Receiver according to the lien or equity of taid MORTGAGEE and the practice of such Court. 8. To duty, pr~mptly and fully perform, discharge, ezewte, effect, complete, comply wirh and abide by each and every the stipulationa, agreements, conditions and covenants in said promissery note and thls mortgage set forrn. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other then the MORTGAGOR, the MORIGAGEE, its successora and assigns, may, withouf r.oiice to the MORTGAOR, deal with such sL~ctessor o~ wccessor in interest with referQnce to this mortgage and the debt hereby secured in the same manner as with Mortgagor w~thout in any way vit;atinq or discharg~ng the Morrgagori ~iability hera- under or upon the debt hereby sec~red. No sale of the prem~ses hereby moitgaged and r.o forbeara~ce on the part cf the MORTGAGfE or its successor~ or assigns and no exrension of rhe rime for the payment of fhe debt hereby securod given by the MORTGAGEE or it: successors or assigns, aliall operats to release, distharge, modify change or affect the origmal liab~l~ty of th> MORTGAGOR here~n, either ~n whole or in part. 10. It is specifica~ly agreed that time is of the essence of th;s contract and rhat no waiver of any obligation hereunder or of the oblifletion ir cured hereby ahell at any time tht:eafter be held to be e wairer of the tern~a hereof or oi tfu instrumeP~t secu~ed herby. 11. In add~ticn to the forego:r,g monthly p3yinents of prinr pal and interest requ~red by the prom:ssory no!e sec~red hereby, mortgagor covenant~ and agrees to pay to mortgagee w;th each monthiy pay~nent an add~ficnal sum estlmated by morrgagee to be eq~al tq lj 12 of the an~uai cost of the follow- ing: A-All real p~oper,y taxes levied or dSSc'SSE~ agai~~st the above described fE31 estate. B-Premiums on fire and wlndstorm fnsurar.ce as nerctn req~~red !o be carried on the improvemems situate on the above descri5ed premises. C-Premiums on s~ch mortgage guaranty ir.s~rance as mortgagee shall frcm t:me to time deem fir to carry on the loa~ secured hereby. Mortgagee shall from time to time no!~fy mortgagor ~n writ~ng of the amount due ar.d payable here~ndar and s~ch sum shall thereupon be due and payable on the d~e date of the next month;y payment and eath successive month thereaftcr until mortgagee aha!I not~fy mortgayor of a change in such amount. 5uch sums shail be applied by mortgagee toward rhe payment of real property taxes, inaurar,ce prem:ums, and mortgage guarenty insurance premiums. IN WITNE55 WHEREO~, the said MORTGAGOR has hereunto set his har,d and seal the day and year first afo~esaid. Si , Ssaled end de~vered in the presence of: - ' ' a~> w t] S s. C 8.8 L' & (Se~t) ~ - - ~~Ssel) tne s ~ a re e s a STATE OF FLORIDA COUNTY OF nA(~(' ~ u I Befo~e me personal(y appeared M~CY18e~ K83}'1kA end Claire ~r' ~ Ke q~'1~:$ hia wife, to me weil known and known to me to be the individuafs described in and who executed the foregoing inslrument, end acknowledged before me that they executed the same for the purposes rherein exp~eased. And the said C 1 aire G. K~$~.~, wife of tfie said Miehael 1tG'$~1~{A , upon a aeperate and privete examination by me taken separate and apart from her said husband, acknowledged to and bcfore me that :he ezecuted saod instrument froely and volun- tarily md without any compulsion, constraint, apprehension, or ar of or from her taid husband. ~ WITNESS my hand and officiaf aeal this- ~ day of_ '~t4-S1,.L I ~ ` r, Notary Public in end fot the Slaf~ of florida ~t 4arfle ' L , FILED A'ND RECORDED nny co ~ : Ret~m To: d~ ~ ~~[j R N0~'A~~BL~~F~TE of FIORiDA 2t FJSRGE; ` first Federol Savingt S loan Associatirn4 -il~~~ ~ G K IdY COMMISSION EXPIRES JU1~t~:. 19~6 0~ ~ 1 Of Fcrt P;erce. -`'i~~ J'L' ~~M li1~t 11?. Dfi~l~sr .-'~i ~Fntt\„~ier.e, florida ~ - ~ . ~ ~ `6~ OC~T 25 . 37~ ~li~ ~ . . 13~'71~i ' ' • G: t: - - n - i ~;~a:r. 1.:..~~\[~ ~:.~T~ ~~_j,v?~ C~~UNTY, , . . , ~~o:~ . . - ~LO~, 1L . . - - G~~~~`~, 0 R ga~~~29 352 _ ~ _ ~ ,