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3. To piace and cont~nuously keep on fhe bu~'d~ngs nox o~ her~~a'ter a~rvate an scld !and and en a!~ equipment and personally covered by thit mortc
ege, w~th a'I pren:iums thereon pa!d ~n full, f~re ins~ranca In tne ~sujl st,in~ard pollc{ form, ;n a sum ap.proved b~ the MQRiGAGEE, and w~ndsror~
insurance in the usval standa~d poLCy form, in a wcti appre.ed br the MORTGAGEE, in s~ch con:pany or compan~es as the A50~1GAGEE ma
direch and all fi~e and w~ndsto~m ~ne~rante pol~t~es on any of aaid bu~!d.ngs, any interest therein or part thereof, in the aggrega~e sum aforota~d c
in axcess thereof, shell conrain the usual standard mortgagee clause or such orher clause as ~hr Mongagee may requ~re, making rhQ ~oss undr~ sn~d pol
ties, each and every, payab'e ro sa~d MORTGAGEE as ~ts imeresi n,ay appear, and each and every such po~,;r,r shail be prompny ass gned and de~ivrrrd ~
eny held by sa~d MORTGAGEE at further securi!y to sa~d n,ortgage debt, and, not less than ten (t0) days in advance of the ezpirafion of tach pol~cy, to d
liver to said MORTGAGEF e ser.ewal ihereuf, togerher wi~h a tece;pt for the p~e~n~vm oi suth renewal; and ihere shail be r.o f:re er winds~u~+n ins~renc
plated on any of said bui~ding6, any intere:t therem or pan thereof, un!ess in ihe form'and w~~h tha loss ~ayable as aforesafd; and ~n the event any s~
oi money b~comes payabie under such policy or po!~cfes said M~RTGAGEE shal~ have tha op~~on ro rece~ve and apply ihe iame on accovni o~ the indeb~e.
ness sec~red hereby of ro permlt said MORiGAvORS to receiv~ and use it or any part ~I;..~:eoF !or o:V~~.r :;urros~•s, v:;~h~,,~ it,~~~e; .~~~~~•3 or ~~,,;~.,i
ing ar.y rquily, lian or right under or by virt~e of this mcrtgage; and in the event aa'd M027GAGORS shall Eor any rsason fail to keep the said premisef !
iniured, or fail to dei~ver prornpNy any ef sa;d pollcies of inwrance to sa~d MORTGAGEE, or fal! promptly to pay fully any pre:ni~m therefor er in ar
respect fail to perform, discharge, execute, effect, comptete, comply wirh and ebide by this covenani, or any pa:r ~iereof, said !tiGRTvAGEE may piace a~
pay for such insurance or any parr thereof witfiout watving or affecting am~ option, lien, equ~ty, or nght under or by virr~e of rhli Mo~tgage, and th
ful! amovm of each and every such payment sha11 be ~mmediately dur and payable anci sL+a~i bear interest from th~ date thereof ~mil pa~d at the rate ~
nine per cenNm per annurn and to3ether wi~h such inte'est Shaii be secured by fhe lien of this fnortgage.
4. To permir, commit or suffer no waste, impairment or deteriorat~on of ~a+d property or any part thereof.
5. To pay all er.d singu~ar the.costs, charges a,nd expenses, including a reasonable attorney'a fee and costs of abstra~ts of t~t!e, incurred or pald ~
any time by said MORivAG.E, beca~se or ~n the evenr of the fa~fure on ~he part of the said MORTGAGOR to duly, promp~iy and fu~ly perlorm, d~scharg~
execute, efFect, complete, comply with and ab,de by each and every rhe sfrp~Ierrons, agreements, conditio^s, and covenanrs of said promissory note aed th
morrgage any or e'~rher, and sa!d cosrs, charges and experxes, each and every, sha~l be immediately due end pay~ble; vvheiher or not there be no~~cr d
mend, attempt to collect or svit pend;ng; and the fvll arnount of each and e~ery s~ch payment shail bea~ inreresr from rhe da!e there~f vmi~ pa~d at tV
rate o~ n;ne per cent~m per an„um; and al7 said c.:sts, cl~arges and expenses ~ncwred or paid, together wnh such interest, shall be secured by the ~ien oS th
mortgage.
C. That (a; in the event of any hreach of this Mortgags or default on th= part of the ~MORTGAGOR, or (6! in the eveni any of ~a-d surns of mone
here;n roferred to be not promptty and futly paid wirhin th,ny (3v) days next a~rer the sa-~e severa'Jy beco,ne due and payable, w~thout demand os notic
or {c) in the eve~t each and every the stipu~ations, agreements, conditions and covenants of sa d pro~~issory no:e and thls morlgage any or either are m
july, promptiy and fully perfarmed, d.s:harged, executed, efifectad, completed, comp+~ed w~vh and ab~c~ed 5y, tnen in either or any such event the said a~
gregafe sum mentiuned in said promiss~~ry note then remaining unpaid, with inrerest accrue:d, and al~ moneys se.ured hereby, shall become due and pa
abie fo~thw~th, or rhereafter, at rhe opt~on of sa:d MORiGAGEE, as fully and complefe~y as if atl oi rhE said sums of money were ongina~ly sr~pulate
fo be paid on such dcy, anythinq in s3:d prorn~ssory note or in this Morigago to ihe c~niraiy not.v~thstand~ng; and thereupon or ihereafter a! the opt~on i
, said MORTGAGEE, w~thout not~ce or demand, wit at ~aw or in equity, therefore er thereafrer begun, may be prosecuted as if ali moneys secured heret
had maturtd priur to its institution.
i
7. That in the evant that at the beginnfnq of or at any fime pending any su;t upo~ this Mortgage, or to foretlose ir, or to reform it, o~ to enfor~
paymem of any claims hereundcr, said MORTGAGEe sha!I apply to the Coo~t havir.g ;~r„d ction tnerco! for the appo ntment of a Receiver, such Courr sh;
fortfiwirh appoint a receiver of sa~d mortgaged property al? and sin~ulat, in~lud ng ai! and s~ngular the ir.come, prof~ts, iss~e~ and revenucs from whatev
~ ~ource derived, each and every of wh:ch, It bcing express!y undery~oed, is hereoy mor~gaged as if spec~ifcatly set forth and descr~bed in the _y~an~ing a:
~ habendum tiauses hereof, and wch Receiver shali have ail the broad arJ effec?;ve (~r.u ons and povvers in anywiSe entrusted by a Cour! }o a Receiver, a~
~ tuch appointment shal! be made by such Covrt as an ad nitted eq~it~ ar,d a matter of absolure right to sa;d MORTGAGEE, and without reference to tl
edeq~acy or inadequacy of tFe value ot the properry mortgaged or to the so vency er ,ns~ venry of said h10R1GAGOR or the defendanfs, ar,d that s~
re~~s, profits, income, hsues and revenues 5ha~l oe aopi~ed by svch Recei~er ac:ord~ng to the I~en or equiiy of said MORTGAGEE and th~ pracrice of su
rouri.
8. To du!y, prom~!;y and ful!y periorm, d;scha~oe, exec~te, affect, complere, cornply w~th and abide by each and every t~e stipu(ations, agreemen
condit~ons and ccvenams ~n sa~d prom~ssory note ar:d ~hh m~rtgagA set forth.
9. Tha! in the e~enf rhe owr,ersh'p o~ rhe mertgaged prem;ses, o~ any part thereeF, becomes vested in a person other than the h'~ORTGAGQR, t
MORTGAGE~, it3 SUCCf550~i ar.d d55lgns, may, wl~ho~t neeVCe to the ~ti'~ORTC;r:OR, deal ~n-~th svch wccessor or sucv:ssor ~n lnteres~ v~~+h reference te t't
mortgage and tne debt hereby sec~red in the same manner as with Mortgagor wirhovt in ar.y way vit:aring or d-scF:argi~~ ihe hlor~g~y~rs' liacility he
unde~ or upon rhe deb+ hereby secured. No saie of the Fre~~is^s h_reuy mortgaged and no fo~bearance on the part of the 1~`~ORTvAGEE or its succeuc
or essigns and no extension of tF~e tim.e `o! the paymer! of tne debt hereby sewred g~.•en by the l„ORTGAGEE or ~SS wccessors or ass;gns, sP~a-; operz
to reiease, d~scharge, modify change or affect the o~ig,na! !iai,.,,ty o4 the h".CRTGAGOR he~z~n, either in whoie or in part.
10. It is specificaliy agreed that t~me is o? the essence cf th~s contracf ar.d thaf no waiver of any ob:~gat~on hereunder or of the ob!igation
c~red hereby sha'I at any time ihzreafter F,e he!d to be a wai~e! ef the terrns hereof ur ~f the ins+rumenl secured herby.
1:. 1~ add t:o~ !o rh~ fc;ego'ng mo~r~,!v pa~T^n!s of crir•.c pi'~ a.^.d int~-resr rea~ red by the pron• sscry no•e secured ha-eb;, mortqager covena
and agrees to pay to n--ortg>gee •..;!n eacF. r-~o~~h',~ p3yr~ent ar. aci~' ~~onai svm es' ~ a'ed bf mo•tg3gee +o be eG~al ro 1, '•2 of ~..._~I cost oi the
fol.o
:ng:
A-A!I rea! Freper!~ t~xc~s lev~ed or assessed ~,g~i s+ ~i•c at;ove des:r~~cd re?~ essa!~.
B--Pr~m:,;ms on f!re and w:rdsrorm ~nsurarce as i,erE,n reGo red ro be carre~ c•, !'r.e ~:rove^ients s:t~~ate e~. th: above d:sc~lbcd prem:ses.
C-Premiurns on s~ch rrerfp~ge yuar3nry insura^ce as mo~'gagee shall fro^~ r^~e +o '!mc deea~ fit ro carry on the loan secured hereby.
Mortga5ee sha:~ ~~orr~ tlm~~ to nrt•c r.c•if~ mcrtga~~r ~n ,..ri? ng of th^ a~~o.:'~t due and paya6'e her=undar and 5uch suT~ st ~ll ti~ereup~n b~ du~ t
payah'e o~ rn= d~e da!e of th~ next monif•..~ p3f-~r~~ and each ;ec:esvve m.~^!n rnereaftcr uc!~,' mcrtgag~e eha!; not,fy me'ry=.gor cf a change in s:
a^•o~nt. Such sums s~a'i :,~e applied by mor~g,gee tor.a•d ihe rayrnent of real proGeny taxes, insura,~c? prem ums, a,~d rnortgsge g~~ranty ir;~ra
premiume.
\NITPJESS YJHEkEOF, t~e said MORTGAG^R has herec,oro ser h~s hand ard seai the d~y and year first aforc~said.
Sgned, ealed ~e!ivered in the preser.ce of: ' ~
, ~-r - - -
1. c,~.4.~,,,.,_,,,~„ ~ ~ -
I ~ i~~~ t ,R' " r,_ / • S
~ ~~.~~~ii:t'r..-.-_r , !
- - - s_~~ _(s'
- - _ ~S
STATE Of FlOf21DA
~-~,r,_.4. , o ~ 55.
s. COUNTY GF ~
Before me pe~sonally appeared ~
id ~ _
~~!~r~r~n '?n~-,~,ir.: . , ,_7i.r
- f • _ his wife,~ to me well knc~n an~ knoJ:r, to me to
the irdivid~ais describ?d in ar.d who exe:.:aed ~he foregoing instrument, and a;knowi~dged befora r,e that theY executed the same fer the purp~
Tl . . ~ . n . `T • , , i
~ ther~ir, expressed. And the said___~_ ~ _ _J_~__ _
id : 7 ~ n -r
wife os rhe sa~d _ ~ ~ ~
- upon a sepa;ate ;nd pri
cxam~nation by me taken s=parate aed auart f;~n hcr said 'nvsi;and, atknowledged to tn~+ before me Phat she exzcu'ecl said instrurnent freely and vc
~y tarily and w~thou~ eny compuision, cons'ra~nt, acrrehens.on, or fear of or from her said husbar.d. ~
'd WITtiESS m hand ar,d o!fi.~ai seal thls____ ~n , , F~»
y - dz'~ °f-~- . A. D. 19-
,d ~ -
of / Notary Fub'k in and fcr the Stare of Flojide~e! L~rge
My Com^~~~ss~cn exo~res:
he R~t~rn ?o: ~ 2, 4 ~ ~O.~t _ . .
First feWeral Sarngs 8 Loan ,iss-ca! o ~ -
Gf ic~t P _~cc n nC~ .
ee Fo,, P~e~cc F!~ F~~L~ ~~~U ~'~''(EC~~UC l1~'.CTrT~r.jcin^ir,AaitAk~
( ~ P O O Y. IvOTA.RY FUt 19
~t. ' 1.iit~~. ~Y C~*,,+•"Ai55`~~r'.,~,XFHiiS.~kPR: 24j
ed
fl- '~5_ DEC I 0 PM 3~ 3$
JF • .
:D : . _
ot ~Q.a~ i~ . , „ 1.~~~}t
s; 5T. Ll1Ci~ ~+~U~JTY.
f~LO~tiQA
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