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To plac~ and oontM+uoudY ke~P on tM buildinp~ now or Iwr~ahw Wtu+N on s~id I~nd ~nd on ~II eqvipm~M and pNSOnaIly oownd bl? Nss ma~P
p~, wiM ~p praniunM Nw~on Wid in fv14 8n inwr~nu in ~M ~wsl sa~dud polky fonn, in a ~un+ app?owd bY tM MORTGA(iEE. a~d winditonn
iniurano~ h tM wwl stw+d~rd pdieY fain, in i swe ~pprov~d b1? tFr MORTGAGEE. in wch comP+~Y a aanP+nia as t!r MORTGA<iEE n~y
d~..d~ and ~II iln ~nd wM+d~a~m iraw~nca polkie~ on ~ny of said build~np~„ ~ny intena tlwnh a part tMrwf, in tM apprp+N we+ afahaW or
tn •xoa~ tMrwf. th~ll oontain f!» wwl aandxd mortg.~ clauw a wch aha da~ ~s tM MatyayN m+Y n9uin. m+kinp tM bas s~id pdi~
cie~. ~ad~ M+d wMy. p+Y+bi~ b ~+id MORTGAGEE +s ib in~erest may ~pp~~r. s~d ~ach ~nd iv~ry s~ policy sh~~l M prompty as:pn~d N+d d~liwnd ro
.ny MId by s~W MORTf3A(iEE a iwfha wcwihr ro uid moNp~ deb~. .nd. ~a I.u thw+ an (101 day~ in .dvuio. of ~M •xPi?•rion of ..ch po~icY. fo dr
i~wr ro wW MORTGI?GEE • nmwal thnwf. wp~~Mr wi~h ~ nceipt fw tM pr~mivm of wch ~~walj ~nd tMn sMll b~ no f'a~ a wincb~orm insw~na
plac~d on ~ny of ~aid b~rtWkips„ ~ny intKat tMrein or put tF~~of, vnku tn tM fam and with tM lost paY~bb a ~futs~idr and tn tlw ~veM any w~n ~
of rrae~r b~ooie~ p~rable ~rewl~r wd+ polky w Pditip aW MORTGAGEE sh+il haw th~ option W rsuiw and ~ppiy tl» wM on aaount of th~ ind~btd~ ~
nass Ncw~d Iwr~by a to p~n+?it s+id MORTGAGORS ro reaiw ~nd ua~ M or ~ny part the~eof fw whe~ pu~posa, wi~hout lhaeby waivinp a~n+p+~- .
Iny any quiry?. li~n p ripht und~~ a by rirtw of thia matp+p~t +~d ~ tM ~wnt s~id MORTW?GORS ~MII for ~ny ressa+ faii w k~ep tM wid pnn?is~s w
iruund. o~ f~il b d~liwr Pran?P~h? ~nY of s+W polid~s oi inswu~a to said MORTG/1GEE. or fall praopNy to p~y fvity ~ny pnmium tMr~for or k? anr i
r~spscr fNl b pKfarn~, ~y~. uacub. ~ff~ct. oomPl~h• oomPh with ~nd ~bid~ by tNs oown+nt. w+iw P+rt hawf, aid AIIORTGAGEB m~y plaa ~nd ;
P+Y fw wch imwano~ or any pKt tMrwf without waiviig w aff~ctinp +nY cPtion, (i~n' ~quiry, a ripht undw or by vktu~ of tNs Mon~sp~. ~nd th~
f~u +nau~ of ..d~ and w«y sud~ P.ym.nt sIw11 b. imnediany dw ~+d p.raW. .nd .h~11 M.r in~r.s~ fran ~M da~• N+.reof w»il p.W ~ ra» of !
nir~ p~r cwnwe pK arnum ~nd top~iher with wch intsrest thill b~ sacw~d by th~ Ila~ of this mo~rl~y~.
To pirmfl; aannit or wHM no wut~. imWtrewnt or dstaioration of aid prop~rtr a ~ny part tMrwf. ~
3. To p~y ~II and skipular th~ oa~s. dw~ +~d exp«nes, includ'~np a reasonabis attomey'~ fe~ and cosn of ~b~hact~ of titb, incvrc~d w p+id st ~
any time by aaid MORTGAbEE, Mcaw~ or in tM ~wel of ths faihu~ on ti~e pa?t of th~ taid MORTGAGOR to duy. pranP?hr +~d fi?ly Pafw~, d~xh+~ .
~x~cvt~. ~fhc~. oomplN~. aomplY with and ~b~d~ bY ~sth +nd wetl? tM stiputalioea, preements. conditions. u+d oown+nn of ~aid promiswrY note and this l
m«r0+y~ +nY w~itl~. and wid oosa. d+up~s u~d ~xpNw~, each aed ~wry~ SIM~I ~ IIMNdN1~Iy CIW N1d Piy~il~J WINIFIN ar not ther~ b~ notios dr i
mand. ~tl~mpt ro adbd w wM p~ndiegi and th~ fvll ~naunt of ~ach and ~wry wch psyment shall bear inten~t from tM d~te tMnof ontil paid at the ,
rere of ~ pK qntwn pa Mrw~ni a~d ~II said cosn. cFiu~es +nd ~xP~rws inaurad o? patd. top~tlwr with such tnt~nst, sMll b~ setw~d bp tM lisn oi fhit
mortpapw
b. TMt W in tM ~wm of ~ry breach of th4 Morty~ or d~fwlt on tM pa?t of rh~ MORTGI?GOR. a(b) in th~ ~wnt ~ny of saW wms of nwMy
h~rstn nhrnd ro b~ oot pranpty and fuly pa~d withtn tlwty (30) days aext ~he~ th~ s+me sereraliy baa~w du~ and p~yabb, without d~mand a notiq,
or t~ tM twnl ~ad~ ~rd ~wry th~ aMp~btions. praer~^n. conditions u?d town+MS of ssid promissory not~ arid Mis mortp+pe +nY w~itMr u~ nol
iuty. ~.o~?ay «+a t~~h P.~to.~+.di, a•~+.~d. ~xacvt~d, ~ffscted, complNad, compiiad with snd abided by. tl~ in sither or ~M? wch twnt th~,3+1d +P
pr~y~h iur11 11NntiOt~J M Nid p~omisiO~y nof~ ihM remaininp unp~id..with intK~st acuvad. and sll mawys wcw~d. Mreby. shall beoon+~ dw ~nd p~1P
ebl~ fonhvvith, or tMr~+h~, ~t tM option of s~id N10RTGAGEE. a fully ~nd comAt~tely +s N~II of the s~id swna of naney w~n aqin~lly sNpulated
ro b~ pad on wd~ d+Y. ~nY~hinp M~ sad promissory noh « tn ~ha Monpay~ to tM ca~nary naw~~hsr~rdinp: ,nd ~h~rwpon w~her~aher at rM op~~on of
~sid MORTGAf3EE, witl~out notic~ w d~m+ixl, wit at law a in ~qvity, tha~Foro or th~re~fter bspw~. m+r b~ ProNn+t~d as if all momys s~cw~d MrebY
h.d m.tw.d pNO. ro in intliAnion.
7. Th~t in tM ~wnt tMt N tM b~irw~iig of or at ~ny t~ pendinp ~ey wit upoe thts N1ort~. w to bncbw M, or to nfonn It. or to e~fora
paymem of sny daims hereunder, s+id MORTGAGEE shall appy to the Cowt havinp jwisdiction thenof for tM +ppantrn~nt of ~ Rtceivar, wd~ Coun sh~ll
forthwhh ~ppoiM ~ naefva of sa nwAp~~d prop~rty all ~nd sirgvla?. includmy all ~nd sinpular th~ incom~, profib, issws ~nd nwnws from what~wt
wurc~ dKiwd, ~ad~ and ~wry ~which, N beinp txpr~ssiy ur~rstood, is he.eby morryaged u if specificatly s~t forth ~nd dexribd b the pr~etinp ~nd
habendwn claw~s Iw~wf. ~nd wch Reuiwr ~h+ll h~w ~II the brwd ~~d eHective fvnct~an and powers ln ~eywis~ enuus»d by ~ Cairt tp ~ Receiver, and
:~ch appointnwm ~h+ll b~ md~ by wd~ Cowt as ~n ad~nined eq~ity a~+d ~ m~tta of ~bsolult rght 1o taid MORiGAGEE, u~d without rsfenna ro th~
edaquacy a tn~d~qurcy of th~ v~iw of the property ma~s9ed a ro the sotvency a insolvency of said MORTGAGOR a th~ d~f~ndants, ~nd that uxl+
ren?s. profits, incoene. iuws ~nd nvanu~s sh+ll b~ applad br such Reesiver +ccwdinp to tM li~n o~ puity of said MORTGAGEE ~nd 1M practic~ of such
Court.
8. To dvly, pranptly and fvlly perfam, dncFuryt, execute. ~ff~ct, carplea, compiy with a~+d ~bide by eid~ and weiy th~ ati~wl+tiau. ap?~me^1s.
conditions and ooven+nn in ~aid panissory note and this m«tgps set forth. , ' ~
9. 11Nt in tM w~nf tl+e own~rship of the rnorty+ped premaas, or any p~r~ N~ereof, becanes vetted in • paaon otMr than th~ MOkTGAGOR, th~ ;
MORTGAGEE, in succ~swrt ~nd ~ui~rw, m+y, without no~ice to the MORTGAOR, deal wifh auch succtisw w Mxc~ssw in interest with r~ferMU ro this ~
mo; tyaq~ and tht dcbl Iw~eby s~twed in ths sarn~ mannet ~s with Mortgapw without in ~ny way vitiNinp a d'nthu~inp tM Mwt9ayon' li~bility Irr? !
under a upon tl+~ debt Mr~by s~cured. No s~l~ of ~M premises hereby mort9a9ed ~nd no iabearanu on th~ put of tM MORTGAGEE or in svaesson
or a~si9ns and no txt~nsion of the time for the p+yment of the debt he.eby secured yiven by ths MORTGAGEE a its avaesaon or auiym. +h+~~ oper+t~ .
ro relsast, diuhup~, modify cMnp~ or affect the wigin+l lisb~l~ty of the MORTGAGOR Irr~in, eithe~ in wiwl~ or in put.
1~. k b specifiutly ayreed that tima it of tha essence of this contract and that ra w~hrer of any obl'~p~tan hereunder w of tM oblip~tion ~r
cured Fweby shall ~t uiy tim~ thereafi~r be held to be a waiver of the terms h~reof or of tM instrument sewr~d herby.
11. In ~ddition to the forego:ng ma~thlY p~Ymems of princ:pal snd intcrest required by the promitfory note setwed hereby, mortpsge~ eowe+nls
and ~pr~es to p~Y ro morty~gee with e~ch monthlY psYmtnt an sdd~rional sum est~mated by mortg~pe~ to bt equsl w 1/12 of the annwl cost of the foltow-
ing: . . -
A-All rsal property bxes levied or usessed against the above described real estate. '
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B-Premivms on fir~ and wi~dstorm ieuxance as herei~ requ~red to be urried o~ the improvemenri sitwte on the above desaibed premi~ea. !
' C-?remiums on suth mortpsge ywr~nty imurar.ce as mortgsgee shsll from time to time deem fif to carry on the loan setvred hereby
~ Mort~pe~ shall from time to time notify mortgagw in writiny of the amount due and psyable hereunder and such wm shall thereupon be due and :
j pay~ble on ihe due dste of tF~e next monthly psymeM and each succeuive month thereafter until mortgagee sh~ll notify mortgagor of • chsn~e in wch ~
amount. Such surta aFpll be ~pplied by mort~+gee towsrd the payment of real proptrty taxes, insurarxe prem:ums, and mort9sye ywranty insunnce ~
~ premivmt. ~
! IN WRNESS WHEREOF, th~ said MORTGAGOR has hereunto set his hand u~d se~l tM day and ye+r fint afwesaid. , ~
~ and d th~ preseno~ of: ~
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STATE OF FIORIDA ~ • ;
3t. Lucie ~
courrnr oF
P.,,p„~y ,~,r,d Temmv T~ Rt~ni [~n - +ad ~
Jean S. Runion - ~ W~r~, w~~u k~+.~a ~ r~ b. ~
tha ind"nidwb dacrib~d in and who ~xecufsd the foreyoirg _insirwn~nt, and ackrawledped befors me that they execufed ths ssrt~e for the purposes
rherein expna~d. Md th~ ~de ~Tt~gn c~ RLni en
w~?s of th. s+td TemuEV ~T~ Runi ~n - -~?Pon • sepa..te and prtvar.
exemination by me qken uparat~ and apart_from he~ said husband, acknowledped ro ar+d b~for~ me that she enncuted s+id imtrvment freelr and volun-
rar~ly and withoot any aompulsion, constraN+t, apprehen~_'wn~w hx of or from her said hvsband. L.~
WITNESS mp hand ~nd offkial s~sl th+s- ~y ~r d+Y of /1. D. 19~LL
r.~--, -
' . _ Notiry Pu in and fw the St~» of Flotida at luye -
. AI1Y ~aPins: ,
R~twn Ta Notary PubMC, l~eta Ot llOride iif Tlrgs
Finr Fd~nl S•vinps i toan Aswdatwn My Comm.ssion Expins-Aug. 6, 1a87 ~
~ pf:~jp;~• Q aECO~p~~ 6onded By American Surety Co. ot N. Y. '
~+~f,'''~ 511.`UC
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- ~ BOOK 164 PACE 6~~ ~ ~ .
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