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To plaa aid ooathuo~aly kNp on dN buildinps ~ww a M~~sfta u~wN on ~id land ~nd on dl pviprnMt ~nd p~son~lly cov~r~d by Mts mortp
pw wilh ~II pr~n?iue~ tl+a~~on p~id in ~ull, fkt intwanc~ ie th~ ~swl uand~rd Pdkl? Iorm. ~n ~ awN pprowtl by tir MORTWIGEE. aMi wind~lotn~
~aw~na M ~M vw~l sanda.d Pdkl? fonn, In s we» ~pp~owd by ~ MORTG/1GEE. M~ wd~ oomp~ny w oompaeia a~M MORTGAOfE w~r
dindt ~e~d ~N fh ~nd wieddorm imur~a poliei~s an a~y of ~aid b~riWieq~, ~ I~Nnst thueln or p~rt ~Mnol. in t1r apprp~» ~wn atonsNd a
In ucaa M~f. ~hall oonqin ~M wwt ata+dard narqapN clwa or wcb a!~ clavs~ ~s My AAwfp+pN iw+Y r+vu~n, ~~+P tM loa uRJM s~id poli~
cM~r Mch MMi wNy. WYaW~ b Mid MORTGAGEE as iM inNrt~t maY ~PP~+~. M~d Nch MMI ~vNy wch polky ~MII b~ promptly qsqMd and d~livN~d b
~ery MW b~I said MORtGl1GEE a~ fwthM ~a~wity ro s~id mortpp~ d~bt. and nW ttu th~e? t~ (t0) drys in dvana of Nr txpka~ion oi ~ad~ Po1kY. 1o d~
~wr b Nid MORTGAGEE ~ rMwwal 1Mnof. wp~~Mr with • nc~ipt ta th~ pnmiwn of wch r~ne~w~ii and tl+~ th~ll b~ no fin a win~btonn in~ura~o~
piaad on ~ of :aid build'uq~, ~ny in~at Ms.~N+ a pwr thenof. unless ie N» fonn'.nd w„h N+. b.• pay~bi. .s aFor.s.W, +nd t~ rM .wn~ .ny wn+
d mon~y b.conys pay~ wtidM wch palky a poiicin ~aid MORTGAGEE shall haw N» option a naiw and +ppty dr ~an~ on ~cww+t o1 th~ M+d~br~
n~ saw~d Iw~py a w pKmit s~id MORTGAGORS to no~iw ~nd u~ H a uiy pwf tl?enof fw o~her pwpoua, witlw~t thKeb~ waivinp p in~iti
~+~+1~ ~~b. li~n a ripht w~ a bp virtu~ of thh nact~app and in tM ~wnt s~id 1Y10RTGAGORS sMll fa aey rNwn faJ! to kNp the s+id p~Nni~s ib
trowdr w lail b ddlwr prornplly ~y of s~id poliei~s of ieavnne~ to ssid MORTGAGEE. or fsil pron~ptl~r b WY ~+NY +~1~ W~^+~ th~nfa w in ~
r.~p.ct fail b p~i«n~, dhd+ary.. .x~cvh. •ff.a. oompl.r.. comdr wNh .nd .bid. by Mas wvan~r?t, « any put h...of, s.id MORTGIIGEE may plac. .rd
WY ~ wch i~rw~ or ~ny part thenwf withow walvkry a~fl~ctlnD +~ry? eWioA, IMn. pw~y, a riph~ w+dK a by vinw of thb MortppR, and ~M
~,u «~o~nn o~ «ch and .w.y wd+ P,yn~ .h~u b. ~mm.d~ia~.iy du. .~d p.y.bi. .nd snau b.~. ~.s~ troa~ ~h. d.a ~hu~of wuu Pa~d « rM taN of
e~in~ pa amwn pM ~nwm ~nd Wp~ther with wd~ inhr~ar ~h~ti h~ s~ew~d by ths li~n of N~is p~orq~pw
1. To parn~h, oa~it or wff~? no wasb, impa&rt~ent or d~tarior~tion of satd prop~fy or ~ny p~rf tlwrpi,
tim~ T~ w~'d IMORTrsA~~baaw? or in~w~nt of
t~~i~
~~~M,
t~+ nasonsbb ~ttwn~y~ fN and costs of ~bstracn of titN. incwrsd w p~id at
a~1r hi part of Nw said MORTW?GOR to dv1y. promWhr and fv~h wrform. dix~++~
~xKVta~ ~ff~d. oomPl~t~. oomplY with and abid~ by ~sd~ ~nd w~ry the stlpulatiorq, +~~s. tondttlw~„ and oow,~n~nts of ~id promis~ory ~ol~ ~nd thq
~norq+0~ ~^p ar ~itlwr. ~nd said cosn. dwpi~ snd ~xpeMas esch and ~wnr. sh~fl M 6r~J~at~1y dw ud pnrablst wh~Nar a not tMn b~ naiai d?
mand, atNnip to ediM w wit pe~d'inp; ~nd tM full arnount of ~sch and rv~ry wch p~ym~nt ~Mli b~ar intKKt fran th~ dat~ tMrtof unti! paid +f th~
raft Of ni'~t Pe~ ee~hx++ P~? amwR and d) Nid cL~fs. tl?~s and txpMq~s in[wrad or paid, top~tMr wtth wch int~nst. ~MII b~ a~axed by th~ liw~ of tha
~not~0~p~.
0. TMf j~ in tM ~wnt of any brtath af this Mwtyp~ w d~fauh on th~ part of th~ AIIORTGAGOR. w(b) in th~ ~wnt ~y of uid sums of awrwy
Mn~n nf~nd ro be ~ot PromP~h +~d ~Y Wid within ~hirty (30) tl+Ys rwxt ~fter ~h~ ss~++~ s~ve+a~y becoms du~ ~nd p~yaW~, without d~n~+d or notioe„
w W tn tM rwnf Nd? and ~wry tlw stipubtiw+~, ag~~emants, aonditioro and oowninn of sa~d promiwwy eote and th~s mortpap~ any or ~itMr an no1
iuly. P~P~b and fulh P~a~d, disdurped. ex~cuted ~ffided, compl~re~ aompli~d with ae~d abided by. tiwn in eitl~ a any wch ~wnt th~ said
prgaN w~n en~ntiaNd in s~id promiasory not~ then remainirg vopaid, with intenst ~caued, aid all ma~eys wcw~d h~r~by. shdl beoom~ dw aed ~
~b4e iwthwith, w tl~wher. ~f th~ option of said MORTGAGEE, as fvlty ud compleqly p if ~II of ths ~atd wrm of nwrwy wen aipinslty stipulated
ro b~ paid on wch day. anylhieg in sa;d prpnissory noh o? in d~is Mortpa~ to the tonrrary notwitMt~nd' snd 1
~aid MORTGAGEE, without notia a d~mand, wif tl la~? cr in ~~~~0^ °f t~~K at Ih~ optan of
W~+N1?, tMrefon a tF~safter b~yw4 m+Y ~ P~~~ted aa ff dl moe~yt s~arc~d h~reby
had nwtund prio~ ro ib institution.
7. That in th~ ewnt that at tl+e beQhvei?g of q at any tim~ pM~dnp ~oy wit upon this Mwtya~ or b fweclose h, or to roform H, w to enforp ~
p+Y~ ~+~Y d+ims hKewd~r, s~id MORTGAGEE sMll apply to tM CouA Mvinp jwisdiction the~eof fw tM appou+tmsnt of ~ Receiver, wd~ Couit ~hall ~
Fatl+wid? ~PPoint a naiw~ ot s~id nqrtpap~tl property stl ~nd sirgula. h~dudug •p a+d si~gulu tAe ir~come, profits, bwea uid rewnun from wbrf~vK
wuro~ dKired. ~ach and wery of whicFy h 6einp ~xpresaly unden~ood, k hereM/ ~9+9~ +s if apeciiiully wt fortb a+d desuibed in the ~.antinp and
hab~ndwn d+~n~s haeof. and wcfi Rsuive? aMll Iwve ~II d~ brwd ~+d effac~iv~ fvnct~ons and povren in anyvri:e enfnnted by a Cowt to a Rsuivv. and
such appoinrrewnt sbal! bt nud~ by wd~ Caxt as in ~dmimd eqvity and a m~tter of absolut~ ~ipht w said NIOltTGAGEE. and witho~?t nfsrenc~ w tM
~d~qu+cy a inadaq~acy of tM vslut of tlr pbparty nwrty~ed or to th~ sohnncy w;nsolvency o( ~aid MORTCsAGOR w tl+~ defendanq, and that wd~
r~t. profib~. inoome, iswrs and ~wa sMll b~ applied by such R~orive? saordinp to tht tien a puify of said MORTGAGEE and th~ pictiq of wch
a ro duly. w«npdr .na fu~y wrf«rn. dach..o.. .x.an.. •aec+, oomple% comply with .na .tHd. .~ch .nd
cond'nions and ooven+nn ~ s~id promiuory eat~ and this mortpag~ aN ionh. ~ ~Y Nw stipubtio~a„ ~nar~nb.
9. Th~t in tM wem tM owrw~hip of the ^arfy+0ed Premi~es, or uiy p~rt N~ersof, beoo+nes wshd !n a p~rson oth~r tMn the N10R1GAGOR, th~
MORTGAGEE, hs wcc~s+ors ~nd wipns, nwy, without notice to tFK MORTGAOR, de~l with wch suaeaso~ er waeswr y~ interest with refa~r~ce fo thjs
mort~pt and tM debt har~ secwed in tM sam~ mamer as witb Abrt9agw without in ~ny way vitiatinp-ar d"isdwrpirg fh~ Mqrt~+9~~ liabiliry Iw~
urxMr w upon tM debt hereby secured. No ssl~ of ths premises hereby rnortQa9~d and no forbsar~nc~ p~ th~ put of tl+~ NlpRTGAGEE or hs wuessws
or ~uiprn and no ext~nsion of fhe tMne for the paymenr of fhe ~kbt I~sreby sec~red yiven by tlw M~ORTGAGEE or ita tucqston ar ass;grK„ sh~ll op~rat~
a relsaw. dadwrq~, mo~(r ch~nye or affsa the oriyinal liability of rhe MORTGAGOR Mreiq, euh~r in whol~ a In put.
10. h ts speatkally apned tMt time ia of the ess~nce of thh contrsct and that oo ~rsiva oF an~r oblip~tion Iwnw~dsr or of t1~ obli~ation t~-
cw~d hweby ~p at ~ny Nm~ theraher b~ heW to be ~ wsiver of the terms herwf or of ths irotrumem ~cund Mrby.
11. In add;Yan ro tl+e fwego:ng mo~thly psyments of princ:p~l ~nd ime~est required by the promissory no~e secured her ~wrl~aqor,,obvetinq
dd; ;
` ' ~ ~ U~
- ud aQrees a pay to +^or+~+9ee with each monrh~Y WY+^~^f an ~dd;rioMl sum esnmared 6y monysge~ to b~ eqwl b 1/I2 of the~~ of ~~i' bw-
A-All real property taxes kv~ed a assessad ayainsr ~hc sbove described real euare. ••t ;.t ~
b-Premiums on fire a~d w'w+dstorm imwance ss hcrein requ~?ed fo 6e caried on the improvernents sitwte on the ibave-~desal~ed P!
~~riit~,."•:" ' t
~-P~~ a^ ~9+9e Q~+?antY inswi?Ke u morrgagee ~hsll f.om Y~me ro ~ime de«n fit to cany on th~ lo~ir ~d ;
Mort~ay~e sMll from Y~me to time no~ify mort9agor in wriY of the amou~t due and . -
P+Y~bb on the dve date of the next month ~ WY~blt hereunde~ and such w3L'sl+aft+N~et~par h~ dUh irwt .
+mowN. S~d+ surm sFull b~ a h/ WY^+~t and each fu0[lf3iv! enp~th tlfQ?NftN untii mon~s~e sh+ll naify -rnoF~ge~~ o~ a eh~iiy~ ii1 ~t ,
pp~ by mortyayee toward the paym~nt of reat property taxes, inaxance pem;ums, and'~ uar
~Yf~~ 9 N~h? ~wanA ~
IN WITNESS WHEREOF, the s~id MORTGAGOR f?as here~meo se~ his Mnd and sest tM ~ • .
d+y and first ~foressid. ' ~ ~ _ ~ ~ ~ .
;~ip~ ~1 d1+iv~d ~ p.e~«w. oh 1( C?1 t c t ~o~?ipan
yS ~T
...9~~,
RF~ pre ent
• - - - x~.n
~ srw~ oF ~.o~nw covnrr~r oF sAmrr ~v
; I[~[tEBY (:F~I7FY. That on eht. of 1"lav , A. D. t96~' ,
~ b~joro m. pw.wwAy appaw~sd KP 11y Fa Il ~
~+A~'~7? R+add~nt a~'~ ~
Kelly Canstruction Cort^~nv , Q Florid~
°1
krwwn to b. d~. pasona d.saib.d in and ~ulw eaacaeed eTi. forego~g ~son.ne. and s~r~.raRj?~~a,~sdp~d elia_~=.
c~ettaa tl~ensof to b. tTwtr f
r+aR act wed daed a, ar,ch of
/toera {or t6e u.w and pwpo.a tl~enin 1~No~.d; tand`'~q~t ~tli[ji .
• ` - v
~ af
jtao.d t/~a+~to tl~. of~tdai ,oat of ,ard a~o.porottae, o~ tJ~ie ,old tn.az,~,o,~t b eli. oet and ~;ii o~ aycl~
~ i =
~
W17'NESS mp l~and and af~ldal aaol at Fore Ftw+dt ao~d ~;sto~: '
.
~ ~ ~ o'~~'''
RII.EO ANO REC01t0~0 N p~~, fa ~ C~y ••"•k~:~. .
f~T. LUC« COUNTY. . L.~. C~
R~, OPp
v~o M'' r~wr ~:t, s:~~~ ~a. ~~i.
~ ,.u....~ ..~ro --~E;~~ /.~/G~ ~ (,~pcusiwn f:pires t7or. 3. 1969
~c - ~ Ir~ ^ ~ - /o~d~d N Mrstr Fr~ l Cwarf ~s
~ i ~acuo~i~t ~o
• ROv R P~Ag bili i i
ee~v r~art~~T COLRT I+~~i t~j ,a~ writ D~s t7P ~
or printin~ nns~tistaat~rq fn
tbis doa~nt tor_~eroti~~
o0146 2~37 r ~ * , f 4 _
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