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3. To pt+a ~nd continua+sh? kNP on tM buildirgs now a A~YCafhr utwt~ on s~id land ~nd ow dl eqvipe~M and p~rson+lh cow~ed by tl+is ~wrq~ ~
~q~. wi~A all pr«niwns tiw~on pa~d in f~U, fcro ieuu~anu :n tM vwal s~udud poticy fwm. in • sun+ approwd by tM Mt)RTG.~GEE. ar+d wkdatorm
insuranp in. th~ uw~l stsnd~rd policy fonn, h• sum app~ovsd by ~w AWRTGAGEE, in such con+psny w coinp+++na u N~ MORTGAGEE n++y
dirattJ w~d all fin and windsw.m i~+awana policies on ~ny Of 3iid puiWin~f. MY IniNNf fhR~lifM M pirf I~M[QOI. w. a~.epaq wrn afae~aid a
tn ~xcaa tAenof, tMll cont~in rM ~swl standard mo.?gaqw clwse w such alw~ daus~ ~s ~iN /Aa~9sge~ may rpuaa m~kinp t!y loss undN ss~d poli
ues. ~ad~ ud ~wry. paY~Wa a uid N~ORTGAGEE ~s iq inte~est may app~ar. and each +~d ~wry such po;°q shall b~ prorr.ptly us.pntd u~d d~liver~d to
~ny hNd by wid MORYGAGEE ar (wthK s~cwi~Y w s~id morty~ debt. +nd nW I~ss ~ha~ ten l10) d~ys in ~dv:nca of tM t:pir~tio~ of sad~ po~icY, to d~
G,n~ w wid MORTGAGEE a rN+ewal sl~wf. tope~hK witk a reoNp~ fa tM pr~mium of wch r~nswal; and ~her~ shaD b~ nu f'u~ o. wirda+orm u?swanc~
pl~ced on ~ny of said buiWirga, any ii?te~est ther~in w p~rt tF+ereof, unleu i~ ~F~ fo.m and wi~h th~ bss payabl~ as aiwesaiu: M+d i~ tM eveM ~ny swn
o; r„o„iy bacom~ p~yaW~ w,d~r suc1, pol;cy or ppl;ci~s said MORiGAGfE thall have th~ opYr~n ro ~ecriw u~d apply tAe »nK on +cco~n~ of tM indebted-
neu s~cwd hK~? a w pK~nit said MORTGAGORS ro rsceiw ud us~ It a any put thersoi fw other pu~poses, wt~hout thaebr waivi~y o~ ~mpai.-
iny anY puity. Wn w ri9ht w~d~r a by virtw of this mort~apr, u~d in ~M ~veM sa~d IMORTGAGORS sh~ill for ~ny .eason fail to ke~p the said p~emisas so
ins~red, w fdl b drlivu promptly a.y of said policies of inswance to said MORiGAGEQ p fail promptly ta pay fuNy ~oy pranium therafa_ w in any
r~ip~a (ail b paian~, dixhu~. ucecvt~, effec~, complste. comply wi~h and abi~ Sy this cov~nant. w any part he~wf, said MORTGAGEE may pl~u ~nd
P+Y for wch inswai.c~ w~ny prt M~reof without waivinp or ~Ef~cti~g anr opt3on. ~ie~, puity. w ~pht u~dK a by virtw of rhis Mo.~qast. ~nd ths t
full ~mo~eu of each and evuy wch p~y~rwnt sh+ll b~ im.Tedi~tely dw and pyabl~ and shall beu interest frae tM d~t~ thereof uotil paid a~ the ra~ ol
~~ne pa potwn pK wxwm and rogethe? with wch interest sha~l bs secvrc~i by th~ lieo of this morpays. ~
To pe~miy aomndt ~x wffer no wut~, impaumeM or deterior~tion of s~io property e+~ any put therecf.
3. To p~y ~II ~nd siigutar tM costs, ch~rqet snd expa+ses, includinp • reasonabk ~ttarneys fee snd costs of abstracts of title, incvned or paid ~t j
~ny time by s+id 111~ORTGAGEE. becavse or in the eva+t o( the failure on the paN of tM said h10RTGAGOR a duly. promptly u+d fvlly pe?fotm, disth~rge~ ~
•xecut~. ~ifsa, canpl~t~ oomply with u~d ab~de by ~ad? and every the sripulations, agreemenn. co~d~~i«w •nd oown+nn of sad promiuory note and this
mwt~ ~ny o~ eitFw~. snd said costs, chu9es uid ~xpeRses, each ard every. shall be immeoiaaly d~,e and payablet wbah~r p not there be r.otke ds ~
mand. anempt to colkct w wit p~ndegt s~+d tM ful) amount of exh and every wch parrt?ent sha1S bear interes~ from Iht daro thereof votil p~id ~t the
rate ot nin~ pet ce++h+m per ~tww~: +nd all said costs, tharges u~d expenses intwred a paid, togather with suth intertat, sMll be setured by the liu~ of 1Fiu j
mo•t9apw
4. ih~t in tks ew+~t of any brcach of this Mort9ay~ a defivlt on the part of the MORTGAGOR, or (b) in tM event any of said swns of mon~y
hac~in nFKr~d to k.~ ~+ot promptly and fuly piid withi~ tl+~rty (30) days ~ext afrer the same xverasly become due ~nd payable. without dsmsnd o~ notice,
or (c) In tM ~veM esch and ~very the stipvlations, agreements. condifions and covenants of w;d promluory note and th:s matg~ye ary or eitAe~ sre no1
iuly. promptly and fully perfwR.ed, d~scl~rged, executed, effectecf, completed. compl~ed w~th snd ab~ded yy, then in e~the~ a any such went ths s~id ap~
greflate wm n~tioned in pid promissory rwte thee~ remaininp unpaid. with intrest acvued. ar~d ap moneys aecured hereby. sh~il betome d~x ~nd p~y~
ebl• fathwith, or thereafta, at the option of said MO~TGAGEE, as fu{ly snd comple~ety as if atl of the sa~d wms of ma~ey wero o~~yirully stipulated
ro be paid on such dsy. ~nythinp in s~id promiuory note or in this Mortgage to ~he contr~ry notwi~hstu+dirg; and thereupon w thereafte~ at the opiao of
t~1d MORTGAGEE, witM~ow notio~ w dem+nd, wit at law o~ in equiry, therafore w thereafter begun, may b~ pro~ecuted +s if all ma~eys sewred hereby
had matursd priOt fo iq i~tetufion.
7. Th~t in th~ ~vent that at the beginning of or ~t sny t~me pending u?y suit upon 'F~is Mwtg~e, or to fo?eclose ?e, w to reform it, w ro enfwc~
paymcnt of any daims herevnder, said MORTGAGEE sha:l spply to the Courl having jwisdict~on thereof io~ the appo~ntment of ~ Receive~, wch Court shall
Forthwith ~ppoint i r~ceiwr of sa' mo~rtyaged property all and sirgulu, includ~ng atl and singulsr the income, profits, iswes and revenues from whatev~?
source derived, each and ewry ~which, it being expressly unders~ood, is hcreby mortgaged u if spec~ficaUy xt fw~h and described in the ~r~nfing ~nd -
habendum clavses hereof, and such Receiwr sh+ll have ~ll the bread snd effective funu~ons a~d powen io anywise entrusted by ~ Cwut t9 a Recsiver, and
~uch appotntment shall b~ rtwds by wch Co~rt as an admitted equity and a m+tter of absolute right w said MORTGAGEE, ~nd witAout referenc~ ro tl+e
adequscy a insdequacy of th~ wlw of the property mo.tgaged or to tF+e sowency or inwlver?cY of uid MORTGAGOR or the defendaon, and tlut wd+
renri, profits, incans, iss~es ~nd nvenues shall be appUed by such Receiver accwd~ng to the lien w equiq of said MORTGAGEE uid the pr~ctice of wcA
Court.
6. To duly, promptly and f~lly peiform, d'acMarq~, execute, e(fect, eo_-nplete, comply with and ab~de by each ~nd wery the stipulations, sg~e~na~?»,
ca,dirioro snd ooven+nn in said pr«nhsory note and ~his mortgage set fwth. "
9. That in th~ event tl+e ownership of the mortgayed premises, or any part the?eof, becomes vested in a person other th~n tl+e MORTGAGOR, tM ~
MORTGAGEE, iri tucceason ~rJ auip% msy, wi~hout no~ice to the MORiGAOR, deal with such successw a succes~or in interest with reference to this ~
mor~gpe u~d the dtbl hereby sea?red io the same manner u w~th Nbr~gagw witl+out in aoy way vitiating o? dixhuging the Mortg+gors' liability hert
under w upon tM debt hereby seevred. No ssle of the Frem7ses hereby mortgaged and no iwbearance on the pan of the IIAORTGAGEE or in successors
or a:siyns and ra extension of the tune for the paymcnt of the drbt heroby secured given by the MORTGAGEE or its succeswn or ass~gns, sh+~~ oper+te
to release, dischuye, modify ch~nge or affect the original liability of the MORiGAGOR FKrein, either io wFale or in put.
10. It is speaficslly ag~eed that time is of the esscnce of this contract and that ~+o waiver of any obl'galan hereuoder or of the oblg~tion se-
aired Aenb~r shaU ~t any time thereafie? be held to be s waiver of the ferms hereof or of the instrument secured herby.
11. In addition to !he forego:ng mw~thly paymmts of princ'pal and interest required by the prom~uory ?ate secured hereby, mortgsgor tovenants
and agrees to p~y to mortgagee with esch monthly payment an addir'wnal sum estimated by mortgagee to be eqwl to 1/12 of tF?e annwl cost of the fdlow-
ing:
A-All resl property taxes kvicd or assessed against the above described real estate.
B-Premivms on fire snd wu+dstorm iruwance as here7n requ~red to be carried on the unprovements situate on the sbove described pre+nise:.
C-Premiums on such mortgage gwranty insurance as morrgagee shall from t~me to time deem fit to carry on the (oan secured hereby. _ !
Mortysgee shall irom time to time norify mortgagw in writing of the amount due and psyable hereunder ~nd such wm shall thereupon be due and
paysble on the due date of the next rranthly payment and each successive month rhereafter ur.til mo~tgsgee shall notify mortgagor of s chsnye in sucF~
~ amount. Suc1? sums shsll be applied by mwtgagee toward tht pay~nent of real property taxes, inwrante prem:ums, ano mortgage gwr~nty inwrance -
I premiwns.
! I WlTNESS 1NHER , the ssid MORTGAGOR has hereunto set his hand and seal the day ~nd year first afwesaid.
I~d in tH! presence of: P ~ ~
! ~ r~~ ` ~
~
4
- rsNq
STATE Of FLORIDA
couNn oF St_ LuGie ~ ~
Charles F. Herrington ,,,d
Before me,~s~+ Ily a
11@1@Tl . Harrington his wife, to me well known and known to me to be
rF.e individwls desaibed io and w!a executed the foregoing instrument, and adcnowkdged before me that tF~ey execvted the aame fw the p~rposes
therein e~.~a. ti,a ~.~~J Helen M Harrington
w~fe of the said Cherles F. Ha rring,tan . „P,,, , sep~rate and priv~t~
exam~nstioe by me taken separate and ap+A from her said husband, xlcrwwledged to and before me thai she execvted said. i~utnwnent freely snd volurr
rarily u~d without ~ny comp~lsion, constr~int, ~pprehension, or fear of or from her said husbind. • ,..~~i.,~f~,
WRNESS my I+~nd aod official seal thi~ day of December ' - a p. 19 66
~ - Notary Pubtic in and foi ttie`Srate of FIAri~'a ~ tsrps " r f
~ My Commissan ~upirei: = -l, Lr~-('~' _ ~
Retum Ta , - ~i ~ ~ -
_
fint f~deral S~vings 3 tosn Association . - ' _ ~ ~ c_ _
~ - Of Fat P~erce. 1••~ r •
~ P~.~, F~~~ RECOaoEO . .
~ FILEO AND • ;
tE ~~UNTY' . ~
ST.~WC a1FIED ~ . ~ - .
~ MQTAR1f PUBUC. STATE o/ FLORIDA at [AR6e RECORD VE
MY COIIYlSSIOH D(PlRES APR. 24. 1969 15i0~~ ~
'66 DEC 2~ _PM 3 '
~~o~TR~s
:~o~~
CLERK CIRCUIT ~~~a?
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~ - ~ 600K 16iG PACE 5z `
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