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RAM M ~i
To ~~T~ ~NOrv~ou~ ~ ~ M1~1~908
~oi't'Bx$t ~ssa Szacut~d th~ 2nd d.. „t M~1?
A. D. 1966 ~ RONALD DBAN 9MITH and ~VIBA BLANC8A8D BMITH.
hia wi • ,
oL. St. L~a1 a Coonty, 3tste ~t l~eri g ~ psrt.l~t ths firat
psrt. hereinaiter caUed the ~Iort,~a~or.0., t~ 1~TY~sT xnwrc:sc:g m~Y~ ~
Miaeouri oorpos~e~tion authoMaed to treaeaot businee• in ths State of
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oi the ascond pask bereinatter called the ~[orkQa~ee.
WPrNT~I.'TH, That for divers Qood and vslnable conaident[on~ and also in conaideration
oi the a~are~ate aum nsmed in the promisaor~ note._ oi even date herewitb, hereinaltsr de-
~cribed. the aaid Mort,~a~or e ~ ~rank bar~ain, iell, slisn, remisa, convey and
coniirm unto the asid Yo~s~se, its sncceesors and aadi~ns, in tee aimple, all tLe cert~in
tract oi land, oi'vhich the eaid llort~a~or-e are row sei$ed and poesessed,
snd in actual poasession, sitoata St. Luai e ' ~Onnt~, $tats
oi Florida. described ~u foUows:
L~t Pbtuc (4), Blook 91z (6). 8SVI8$D PLAT OF 80UTH 25th STRBffi'
StJ~D~PISION. saoording to the Plat thereof reaorded in Pl~t
Book 11. at Pags 46. of the Pnblia 8eao of 8t. Lnale Covnzty.
F1oMds. r~ _ -
' f~ IN rAYMQIl Of TA~~
DUEON CLASS'C' NTANCIaLE ?ERSONA~ lROrER?Y~
~ M1RSIlANT TO CMArTER t0721. ACTS OF 1l41.
ROGc'R POITitA$~ CNrk CFMiit Co~
" a ~p«~~ br NRTIS M. J~JNE!
Ws To: C~e1~r
. ~ ~rutr c~nc .
In order to ~ore lully protect the sectucity of thi~ Mortqaqe, the .
Mortqaqoar~ together with, and i.n additfon to the vonthly pay~en~s
~ due under the teras of the Note secured hereby, on the lst day o~f
~ each and every 'onth untfl said Note ia fu11y paid, aqree to pay
to and deposit with Moart9a?gee an amouat equal to one-t~elfth (1/12th)
of the esti~ted annual real estste taxes~ aseeseaents, and firQ~
extended covera~ snd other hazard insura~ce presiuss, so that the
Mortge?q~e will have o~n iu?nd an aaount sufficient to pay each such
ite~ oa~ the dste ean which payment a~ the same beco~es due and pay-
abie. The Martya9ee shall have the riqht to Qstablish the anouot
of ~u~ch e~crow and the amount of the monthly d~posit rec~u fred to
czeate the eaczoM? account for payment ot safd iteaa, although the
Mortqayeo shall not be liable in any sannQr E~ correctness of the
a?~ount established and collected. The Moztq~?qors a~c~ to deposit
with Mort9ayee tivs ti~e to time such additionai suos in eacraw a•
osy be necossary to pay any deticiency in the escraw aceount
required to be collected in order to aake the annusl paysents a~ thQ
farayofn9 items. In the event of~default herQUnder =esultiny ia
acceleration by Mort9agee of the indabtedness securod by this _
~ MortqaqQ, or in the event of foreclosure hereof~ Mortgagee shall
have the sight, at its sole option, to apply thQ then balancQ
held in sa?id escrar account to reductio~n ot the indebtedness due
to Mortqa?yQe on thQ Note secwred hereby, such escrow depa~it to
then be apnlied first to reduction of iaterest, cost8, attosneys'
lees, and pzincipal, in sa3.d ardez.
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~1j.0~ ST~TB DOC'Uli~iITABY STA~lPS A1rFIX8D TO OffiGINQL ~L! C ~
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