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~ 3. To p~ace and continuousty keep on the bu~ d~ngs now or hereafter a~tua~r on sa~d land ar~d on afl equipment end penonaliy covered by thi~ mortg-
sge, wiih all prem~ums thereor~ pa~d ~n f~~li, f~rc insuran:c ~n ~he ~aual srand:,rd po;icy ~form, in a wm ap~rored by the MORIGAGEE, and windi~orm
ir.s~ronce in rhe usual iranda~d poLcy forn,, ~n a s~~~ ap~ro~ed by the MORTGAGEE, in tuch company or companies as the MORTGAGEE may
direct; and ell (ire and windsrorm insurance pol:c~rs on am~ of s.~~d b~itd~ngs, any inte~est therein or part thereof, in the aggregare wm aforesaio or
In excese thereof, shall :ontain the usval sta~~d~rd mor~ ,:,~re clause or suth other clause as the Mortgagee may rrq~ire, msking the loss under ~a~d poii-
cies, each and every, payab!e to said MJRiG.AGEE as ~fs ~~~reresr may apoear, and each and every such po!~cy shall be prompUy a:s gnad and delivered ro
eny held by said M10R1GAGEE as f~rrher ~ecurity ie said rt,ertgaga drt~t, and, not less than ~en ~10) days in adva~,ce of the expiraTion of each policy, to de-
liver to said MORTGACEE a renewal ~hereof, together with a n~ce~pt for the premium of such re~ewai; and ihere shall be no f:re or windsterm insuran;e
placed on any of said b~ildinys, ar.y interest thereln or part th;reef, un!css in the form and wi±h the loss payable as aEoresaid; and in the event any wm
of money becomes payable ~nder such policy or poGcies sa~d h10rtTG4GEE shall have ~he opt;on ro receivv nnd app!y the same on ecco~n; of the indabted-
nesa sew~ed hereby or to perm~t sa~d MORTGAGORS to receive and use it or any part the~cof tor o:ii,•r purposes, ~v~~i~o~! ih~~i i» .vaivmq .-r in~p~ir-
i~g any equity, iien or right u~der or by vir~ue of this mor'gage; and in the event ea~d MORTGAGORS shall for any reason fail to keep the said premises so
insured, or fail ro delrver promptly any of sa~d pollcies ef ins~rance to sa~d h10RiGAGEE, or fo~l p:amptly to pay f~lly any pre~nwm the~efor or ~n any
reipect fa~l to perfarm, d~schmge, execu~e, effea, compleie, co~nply with and ab~de by this covenant, or any part hareof, said MGRTGAGEE may place a~~d
pay for such inaurance or any part thereof wirhout waiving or affecting any opt:on, lien, equiry, or rght under or by virtue of this Mortgage, and the
fuli amount of eath and every such payment shail be immediately due and payable and shall bear interest from the date thereoi until paid at the rate oi
nine per cenwm per annum and tog,ther v.~rh sucii intecesi sha~~ be sec~red by the lien of th~s mortgage.
4. Ta permit, commit or suffer no waste, impairment or deteroration of said property ot any part thereof.
5. To pay all and singular the co5rs, charges and expenses, includ~~g a reasonabie attarney's fee and costs of abstracts of title, inc~rred ~r paid at
eny time by said MORTGAGfE, because or in the event of the f~ilure on the pan of ~he said h10RTGAGOR to duly, promptly and fuily perf~nn, discharge,
execute, effect, ccmp"ete, comply w~th and ab;dz oy ?scn and every the stl~,ular~ons, agreements, conditions, arc~ covenanrs of sa~d promiss~ry note and th~s
mortgage any or e~iher, and sa'.d cosrs, charges and expenses, each and every, shatl be immcd~are!y due and payable; whether or not ihere be not~ce da
mand, attempt to coliect or suir pend.nq; and the fu~t a;nount of each and every such paymern sh3!I Lear interest irom the da;e thereof until paid at the
rare of n~ne per ceniurri par annu n; enc' ait sald cests, chargcs ar.d expenses incurred or p~id, toyether wrth such interett, shal! be secured by ihe lien oE this
mortgage.
6. That (a) in the ev~nt o( any breach of tn~s 7Nortgage or default on rhe part of the MORTGAGOR., or (bj in the ever.t any of sa~d sums of money
herein reterred to be not pror.,ptiy and fuliy paid wifhi:~ rh~rty i,30) days next a~tcr ~he s;me seve~~'~y 6ecome due and payab!e, without demand o~ nohce,
or (c) in the event each and every the stlpu:at~ons, a3raements, cond~'~ons ar,d covenants o4 sa:d promissory note and th~s rrortgaye any or either are no1
~uly, promptly and fully performed, d scharged: exec~ted, etfected, completed, campl:ed with and ab~ded 5y, then in e~ther or any such event ttie said ag-
gregaie s~m memioned in sa~d pror~~~ssory note then re~na~nin~ ~npa~d, with intere,t accr~~ed, and a~i moneys secured hereby, shall become due and pay
ab~e forthwith, or thereafter, at rhe cprion of sa~d MOnTGi.GEE, as fuiiy and completely as if a!I of the said s~ms of money were originally st~pulated
ro be p~~d un wch day, anythirg in sa.d prom~sso~y r.ore or in this Mortgage to the conrrary not.~ithsta~;d~ny; and thereupon or ihereafter at the option of
seid MORTGAGEf, .v~thout nonce or demand, suit at la~v or in equrty, therefcre or thereafrer beyun, may be prosecuted as if a!I moneya sewred hereby
hed matured pr~or ro its ins~it~tion.
7. That in the event that at the heginn;ng of cr at any tune pend~ng any s~~i upc~ th~s Mcrtgage, or to foredose it, or te reform it, or to enforce
qaymen~ of any cta~~ns hzre~rder, sa~d MORTGi+G:E shall app•.~ ro the Court having iunsd~thon tf•,creof for the appo~ntment of a Receiver, such Court shall
forthwith appoiM a.ece~ver of sai~l n;ortgagcd property aii ar,d sing~!ar, includ.ng aii and s~ngv ar tt~.e ir..ome, profits, issves an~ revcnues from whatever
source derived, each ar,d every of wh.ch, ~r be~ng eacr:zs!y unders~uod, is h;ereby n:orrga,ed as if spec~fi;~lly set forth and descr~bed in the granring and
habendvm clau:es hereof, and such Recciv~r shail have all fhe broad and rffective ~unct,c^s ar.d pov~ers in any•.vise entrusted by a Cou~t to a Receiver, ar,d
s~ch appointmenr shail ce macie by wch Cowt as an ad~nlt±c~ equlr~ ar.d a rratter of abso~u~e rghr ro said MORTGAGEE, and wirhout reference to the
edequacy ot ir.adequacy of ihe vai~e of the property mortgaged or to 1Fe sovency or :r.soivency of said MORiGAGOR or the defendants, and ihat s~ch
rente, profits, intome, issues and reveru_s shaii be appiied oy sucn Receivei accord~ng t~ ihe lien or equity of said MORTGAGEE and the practiGe of such
Covrt.
S. To rJu!y, prompr!y and fu~!y perforrn, dis:hargA, exee~te, efiect, romp!ete, cumply w rh and abide by each and every the stipulatio~s, agreements,
conditions and covenants ~n sa~d promis5ory note and th,s mortgage srt to-th.
9. That in the event the owr.ersh~p of the mortgaged premises, or any part thcreof, b:comes vested' in a person other than The MORTGAGOR, the
MORTGAGEE, its waessors and 355,~n5, mdy, witho~i nc!~ce ?o rh~ N.ORTGAOR: d-ral w;th such succes.os or s~~ccessor in interest wi+h reference to this
mortgage a'd th~ debt hereby secured in the same manner as with Mo!tgagor w~tho~t ~n any way vitiating or d~scharging the M,ortgagors' liability hera-
under or upon th> debt hereby secur~d. No sa'e ,^,f ~'r,e Fre,~„Ises h~reby ~nortgdyCd and no forbeara~r.e on the part of rhe MORTGP.GEE ar its s~ccassors
or dssigns dnd no exte^sion of fhe time for ihz payment oi ihe deb! h~reby sec..'red given by the MORTGAGEE o.' its successori or asiign3, ai~dll Operdfe
te release, d~scharge, mcdify change or affe:t the o~ig~nal liab,i~>~ of the MOkTGAGOR herein, either in whole or in part,
10. It is sperfically ag~e^d that tlrr.e is of rhe esserce cf if:Is contrac~ and ihat no waiver of any obilgatlon hereunder or of ihe obligation se-
cured hereby shai'i at any time thereafter b~ heid to b_ a v:ai~;r of tne terms herecf or of the instr~ment secured herby.
1 i. In add.tie ~ to the fore•;o cntl~!y p~y~~•,nr; ~f and i~~,'~~r~st requ:red by the prai~ sscry no'c~ secured h~re6y, mortg3gor covenants
znd agrees to pay to r~•.o•ty~::ee v.lth each r. o^!h'y f%',' r~~! ar. ac.+;; r,,,~.ai s~•n csr n,red b~ morty ~gee to be equal to 1 12 a( ti~e arnual cost of the foiiow-
ing:
A-A(I reai proprrt~ t3x=s 'e,i_~' o~ assass_.. _ r:,_ .+..~ve desc•i~~d ,e;l es•~,_.
B-Frarr,~u ;;s on ~i~z and .;lcdzton„ irsu•: i,~-„ .~y, red so b~: ca~rl~ J r; ti•~r ;.rove•r~ents s~'vate on tro ahove d_scribed premises.
C--Pre~niums on such n-,ort.~ ,ae gua~~nty ;rs~~a- :e .:s ~,~orrgar,ee sha;j 'ro:r r~, , ro time deem fit to carry on the loan securcd hereb~.
Mortgagee s~,3'! 'rc•n tl:~ e te t::•~e nor:F,- r.,crr.;,3::~ :.r~t n~ o` tn~ arro_~~r d~~~ ard oayable hereundar and wch s~m sha!I thereupon be due and
rayable on th~ due r'a!e of rh~ ._nr ;co~t~:~ c,1ym_r.t ..r.d _~:c~~ su_o~ssive .~-or,th t~~creaft_r v~~til mcrtaagee shall not;fy mortgagor ef a change +n wch
amount. Such sums sFa,i be opF~l~cd by morgag:e tor.rd ri~._ par^,ent of rea~ prpF•:rt~ taxes, insurano~ pren~,um5, ~~d mortoag= guaranty insurance
premiums.
IN `.NIT~~JESS .'v ER~OF th said h 4TGAGOk h3s hre. ~t, se! n s hard a^d r~al the day and year fint aforesaid.
" ~ i ned, Sea and ~ e in ce of: ..1~ `_3 ~ ` ` ~ ~ ~y.~t(
L~1'Ct.. 1 ~ ~ (Seelj
-J7~ i.~-,%iC!'' - (Seei)
~(Seal)
-~Seal)
STATE OF FLORIDA ~
} 55.
COUNiY OF ~~A ~ nt T-' I
_ P uni r r`„~.'~~ a 3~ „rl P a.~:,~~ t,
Sefo~e me personaily app~zred _ ! "'~TT'~~
his wife, to me well known and known to me to be
the ir.dividual described in and who executed the foregoing instrument, and acknowledged befnre me that t?2~ exe:~ted the same for the purposes
c+ c
fherein expressed. Artd-thre-set~_----_- - -
rrtf8'Of't11~'S3td'-----------~ _ - - ~.rpvr`e-sepe*ate-ar+~ pri+afc~
~exe+~~weti~in ~y rne Mken eeparete-aT!d-Zn!rrt'frr,mrfirr~?~~ hv3'~rtd.-"aCkr!0*n,'rE~~~'T6 "0+1U`b~f'Erg fi~ ThJf'SiT~"E7CeYL!~~ 3'~TtJ'SrTStT~T!t~nr' fl'e'~I~'Srfatid~J'n-
~••:i~and.w:tpovt..aw~wiwF.-arl~i~nr«er~c~h4pFreMe~ns~~ rirrr. ~of-or~ronrheree'rd++v~sber~d~
~VITPdc"55 my hana ard offic~al seal th:s___~~~..~,.--__ day of_ ?~n~•'o'r'w' ,T' - , A. D. 19
''1~~- Cl ~'~jz -
/ Ncta~y PubUc in and for the State of Flo; ida at large
i _ , . C G ~ y ~ My Con~mission expires: ~/'4, 9 ~ {
R.etvm T fc I L E ,r~ l~~~ ° ~ n
first federal Savin s $.loa ~ ~ ~t~
9 n~~O~~~~` 1`n n•~~nn,i,. ~r,. ,r~~,,..,r,;i .FC~.^~~
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