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To pi~a ~nd contiewio~nly kNp on tM buildirp~ ~w~w a her~ift~? ~ituat~ on said land ~nd on dl eq~ip~wM ~nd pKSOn+lly covN~d by thia ~at~
p~, with di pr~mfwdt thtreon p+id in fylL fin i~w~~nc~ in th~ uswY iaodard policy forn~, ~n • swr? approv~d by tl+~ N10RTGAGEE. a~d windqwin
insw~no~ in th~ ~swl ~tandud polity forn4 in ~ wm ~pp+ov~d by ~M MORTGAGEE. in wth canp~^Y o~ ca~p+~~~s q th~ MORTW1CiEE nwy
dinct~ and all t'v~ u~d wind~arn? trowanc~ P~ici~s on ony of s~id 6uild~nps. u+Y int~n~t tMr~in or put the~wf, in the ap~~e~~~~ wrn ~fa~NW or
fn ucoes~ tMnof. shall coMain dw wwl studud mortyips~ d+us~ a wch othe~ claw~ a tM Mo.t9apa m~r ?W~in. makH+p tF+~ bss s~id poli~
ciw sach and ~vKY. wYabl~ a aaid MORTGAGEE ~s in interat may ~pp~ar. ~nd sach ud sw~Y s~h Dolicy shall b~ praeptly ~:yn~d a+d deliwr~d ro
any Mld by saM MORTGAGfE +s fwt1+N sscwib w said mor~p+p~ d~bt. aed, no~ I~ss than t~n (10) dayt In ~dvanc~ of tM ~piraYan of e~d+ policy. w d~
livw ro said MORiGAGEE • ~~new+l th~rwf, top~tha witA a hc~ipt for tM pr~miwn ot wch .~+~ewalj u~d tl+en ah+ll b~ nb fcn or winds~am iaswai+c~
pl~ad on any of said buibdinps. ~ny int~rat w put tMnof, w?I~u In tA~ fwm'and with tM bas p+Yablt +s +for~said; u~d in tM ~wnt aer win
of moneY WYaWe unda wch policy w polici~s sad MORTGAGEE shall Mw ~M option a nc~iv~ and ~pply tM sain~ oo aaaH+t o1 tM M~d~b~ed~
r~ Nc~r~d I~~by a b pKmit wid MORTGAGORS ro nuiv~ and vu it a ~ny parf thereof fa other.purposes, wi~hout ~hxebr wai~i.g w unpair-
Inp anr pvity. li~n a rqhl wdsr or by virtw of this mort9~pet and in th~ ~ven1 N~d MORTGAGORS ihsll ibr any r~aan fail to kHp th~ said pnmi~ss so
tnw~~d, or fail w d~liv~. promptly a~jr of said polici~s of ir?sunrw ro s+id MORTGAGfE, a iail promptly ro pay fully ~ny p?~rniwn thtrefa w in ~ny
nsp~ct fail w pKforn~, dncMrg~. ~xacvt~. ~ff~N. compl~t~. compy wirh and ~bid~ by this covsnanf, a ~ny pa?t herwf, ssid MORTGAGEE may pl~ce ~nd
P+Y fa tuch imwana o~ any put ths.eof without waNlnp or ~ff~ctinp +~W ePtio~. ~ien. p~ritY. a rpht ue~da a by vinw of tMs Mat~. aed ~M
fufl amount of sach ~nd wery wch paymer?t sh+ll b~ immediahb dw +^d Wy~bl~ +^d sMll bsu inta«st hom tM dat~ tM+wf w?til paid a1 tM rat~ of
nie?~ pK antwn pN ~n+wm u+d to~the~ wi~h ~vcA interest iMil be s~cw~d by tM IiN; of this mo~+p~•
4. To p~rmH. oonrnlt ar wffa no wut~. imp+i?ment a dsteria~twn of s~id propKry a u~y put the?wf.
S. To pay all and ~inp~rlar th~.cos». cMroa snd ~aPu?~. inctuc:~ + naion~bl~ attorney's fs~ and cosb of sbstncts of titl~. incwred w paid
any tun~ by said MORTGAGEE, becws~ o~ in tM went of ~M failur~ on th~ pa~ o' tM aaid MORTGAGOR ro duly. promptly and fully pe~fam, d~scha~
~:ecvt~. ~ffad. oompNt~. ooenpfy with and ~bid~ by sach and every the itipulatiora, ayreements, conditio~a, and coven~nts of s~id promiswry not~ ee+d this
mortyap~ amr.tx atMr. and sa~d cosM, chupes and txpNws. sach ~nd ~wry. thall b~ immadiately dw ~nd p~y~blr, whether a not tha~ be r+otici dr
mand, attempt to aotMct or wit pMdirgj and tM futl anaw+t of each and w~.y wch p~rment sMll b~a. tntera~ from tM dat~ th~r~of ~ntil p~id at th~
?ate o( nirn pn centwn pe~ ~ru+wn; a~?d all s~id c5trs, chu~es ~nd experoes uKwred w paid, topNFw~ w~th wcF~ G?t~rsst. ~l+atl b~ a~cwed by tM li~n oi tha
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e. 7Mt in th~ ~wnt of ~ny bread~ of this Mwt~ap~ w defwlt on the put of tM MORTGAGOR, a(b) in th~ ewm ~ny of ~sid wfm of mary
1»r~in ~efsrr~d to b~ not promplly ~nd iully p~id within Ihirty (30) days next sfter the s~m~ severaly become dw and payable. wi~hout d~m+nd ot notict.
or in th~ twep tath snd ~wry tM stiputstions. apreeeatntt, ~tions aed Qown~nri of s~~d panisswy not~ a+d this matyap~ ~ny a eithe? an eol
iuly.-ptomptly ~nd fully performsd, dixMrped. executed, ~fficted, compl~ted, complied wifh and abided ~iy. tlwn tn afhp a~ny iuch went tM said ag
pre~M swn m~ntiaNd in said pra~i~ssory o01~ then rem~ininp uopaid, with int~rest acvucd, and all ma+eys setwtd hueby. shall batomt dw and pay~
~bl~ fathwirh, a tMrsaftK, a~ ths option of said MORTGAGEE, ~t f~lly ud canpl~tely as if ~tl of ~he taid wms of mon~y were oripin~lly stipulated
ro b~ pa~d on s~?ch d~y. anythirg in said promisswy noro or in tlds 1Norpaye to the contrary nawitMundirg: ond thereupon w tAe.eafter ~t tM optio~ of
~aid MORTGAGEE, without eat~n o~ demand, wit at lawr o~ in p~rity, therefat w the?eaf~a beyun, may be prosetuted ~s if all moeeys ~au~d har~by
had mstW~d prW1 f0 its instiWtiOn.
7, Th~t in tM ewM tlut af fM begU+nirg of or ~t ~ny tims perdirg ~oy w~t vpon tha Mortpaye. w fo foreclos~ h, o~ fo nform N, or fo enfwa
paym~nt of u?y da'um hKeu~der. ~aio MORTGAGEE shall ~pply to the Covr~ haviny jw~sdrctioe~ thereof fa the appantment of a Receiver. sud+ Cw+r~ sh+ll
iortFiwith appoint a ~aeiver of said mwtgag~d property +11 u~d sinpvlar, inclvd~ny al: snd sinpvlu tM intome, profits, issues and revenues i~om wh~tever
sourc~ derived, e~ch and evcry of wFi~ch, it beog expressly ~ndKitood, is hereby mor~gaged u if apec~fiully sN forth ~nd described in the 9rantinp and
hsb~~tkrm cl~uses haeof, snd such Receiw? shall have all the brwd and effective fvnct~o~s and powen in ~nywise entrwtld by a Court to ~ Receive?, a~d
~uch sppoiotmtnl sAal1 be mad~ by such Caxt u ~n admitted equity +nd a matter of ~bsolute right to said MORTGAGEE, ~nd without reference w tM
adeq~~cy or in+dequacy of ths vslw of the property mat9~ged or to tl+e sotvency or insolvency of s~id MORTGAGOR w the defendants, ~nd that wch
ren», profin, income, iswet ~nd rwenues sh+ll be ~pptied by such Rcceive? +ccordinp to th~ lien w puity of said M10RTGAGEE and the pnctic~ of wcA
Cowt. .
3. To duly. pranpNy ~nd iuly perform, d'~scharge, execurs. eNect, compkte, oanpty wi~h and abW~ by each ~nd every the stipulatiorn„ sp?eements.
cor~tioea M+d crnrenana in aaid promissory note and this mortysg~ set fwth.
9. TMt in ths evcnt the ownenhip of the mortgaped premises, w any p~rt thereof, bec~orna vested in • perwn othe? than the MORTGAGOR, tM
N.ORTGAGEE, its wcussors u~d auiyro, n+~y, withouf notice to 1F?e MORTGAOR, dsal with such waessor or wccessor in imerest wi~F~ refere~ce to this
mo.tqape and the debt hereby secured in th~ same m~nner u with Mwty~w witl+ow in any way vit~atinp or dischugi.~p the /Nort9sgors' liability h~n-
under or upon the debt 1~ereby secured_ No s+le of tl+e premises hereby mortya9ed ~nd no fwbearance on tM part of the MORTGACsEE a iti suaeswrs
or auigra snd no extension of the time fo? the paymem of the debt hsreby secured qiven by tM MORTGAGEE or ita succ~ssors or sssiyra, sMlt opsr~t~
ro rekas~, disdwry~. modify thanpt or affett the original liability of tl+e MORTGAGOR haein, eNher in whol~ a in part.
10. It is specificslly agrced tMt time is of the esssnce of this conhact a~ tMt no waiver oi any oblig~tan hernrnder a of tM oblipation se-
c~,nd hereby shall any time theresfier be held to be a w~iver of the terms hereof a of the irouwnent secwed herby.
11. In add~tion to the iorego:ng monthty psymenes of prinCp~l and interest required by the promissory note secvred hereby, matyayor coven~nn
and ayrees to psy ro morty+gee with each ma+thlY paYment an addirion~l sum esfimated by mwtgagee fo be eqwl to 1/12 of the anrwal cosl of the follow-
, ing:
A-All real property taxes lev~ed a usessed agaimt the above de:cribed resl estate. .
i 6-Premiums on fire and windstwm ioswance as herein requ~red to be urried on the improvements situate on the above described pnn~, _
C-Premiums on s4ch matg+ge gwranty insuranu as mortgagee shall from time ro time deem fit ro urry oe? the losn secured herebY. •
Gf Mwt9agee sh~ll from time to time notify mwtg~gor in writiny of ths ema,~nt due ~nd payabk lxreuoder and such wm shall t~cMl~3lfbr,~ie and
~ payable on the due date of the next monthly p~yment and exh successive month tFKreafter until mortgspee slwl) notify rnprtpa~i~ a~,~ ~s„iA~4ucb
amow~t. Such wms ihall be applied by mortg+yle ~oward the p~yment of real propeny taxes, ira~nance prem.ums, uid i~~+~
~ p~~~~~ai1y
~ premians. . ~
IN WITNESS WHEREOf. the s~id MORTGAGOR has hereuMO set ha Mnd snd ~eal the day r f' t f Y~~ ss! . _
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s.. .d in th. pp.no. cf• ~ p E D : =
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~ i LE RK
STATE OF FLORIDA ~ Ra~`~`I~1~'~j~`TF'~~1CIE
C ~ I
I HEREBY CERTIFY, That ~ this ~fbR~d'~ April , A.D. i9 66 ,
before me psrsonally app~ared John P. Hoke a~ Fred F. Adama `
i
respectively~__ President and Seuetary
Treaeurer , of
H dc A RFaTTAIS, INC . ~ a Florida Corporation, to me
known to be th~•p~r,~Qn~ dauibed in and who executed the foregoing instrument, and severolly acknowledged the ex~
:
cution tkecsb,f~t~~sj~~~ ad and deed as such offioers for the uses and purposes therein mentioned; and that they
affix~ t~1~e et-~al of aaid oorporation, and the said instrument is the ad and deed of said o~rporotion.
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WITNE6~ ~~o~fficmi seal at fort Pieroe aa , said aounty a state.
~ G ~ ; ; - -
~%~p~ ='`1,; . Notary Public, in a for State and ~ounty aforesaid.
'•,,~~C "R ~'t•~ • My Commiuion Expires: Notary Publlc, 3tate ot Aorit~ st O~s
- ~ My Commission Exp res Aug. 6. 1967
. gcnd~d By Amar~can Sunty Co. of N. Y.
BOOK 144 334 ~ ~ ~ ~
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