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To plac~ ~nd ca+H~wiously ke~p on th~ buildirps now a M~eah~+ s~twt~ on said I~ed and on ~I~ eqvipmem and persaully covKSd by thi~ mort~
q~. with all prtmluna thereon paid in f~ll, fin insur~~c~ ie tha uswl sandard poticy fwn?, in • swn approwd by tl+e MORiGAGEE, and windstam
Inswu~a h tl» uswl itaeda.d pol~cy fam, in a sum app~ov~d by ~M MORTGAGEE, in wch company or oompani~s a tl~ MORiGA(iEE m+y
dinctj u~d all fin and windiwrm inswa~u poticies on any of said build~ep~, any iet~rsit therein o~ pWt tF+e~wf, in ~M pq~ey~t~ awe ~fo«s+M or
In uccas ther~of, sh+ll cont~in tM uswl saodud mortga~e~ c1~us~ a such o~hsr clws~ a tM Ma~p+ya+ m+Y n4~+in. m+kirg ths bu urde~ s+1d pdi~
ci~s. ~ach ~nd ~very. p~Yabl~ b aid MORTGAGEE as in interest m~y ~ppea. u+d each ud ~vMr such Pelicy shall b~ promptly ~u:~ned ~nd delive«d ~o
•ny h~ld by said MORTGAGEE a f~nhK s~cwity to said mwtysye debl, ~nd, ~w1 less th~n tM l10) d+YS in advanc~ of tM ~xpir~tion of ~sch policy, to dr
IivM b s~k) N10RTGAGEE • raiewal thsrwf, tope~Mr with a receipl fa tM pr~mium of such renew~l; and thae aMll b~ no fir~ w windstwm inswa~+c~
p~apd on ~ny of said buildirps, ~ny interest thsr~in or p+rt therwf, unteu in tM form ~nd wi~h tM bss p+Ya~ +s +fwesaid: snd in th~ ev~nt ~ny wm
of moMy b~can~s payabt~ unde? such polky w policiss said MORTGAGEE sfiall h~ve th~ opuon ro receire snd ~pply t!» s+me a+ accovnt ol the ind~bted~
neu s~cw~d h~?~by w w pannit said MORTGAGORS to receiw +nd us~ tt p any part thereof iw othev pwposes, witlaut thareb~ waivinq or ~mpair-
inp anY pu;ty. lia~ w ~ight ~nds~ ot by virtw of this mortpape; ~nd in tM ~vent taid MORTGAGORS shall fa ~ny reason fail to keep tM s+id pre+nises so •
~~swed, or f~il b d~liwr p~a~tly ~ny of said policia of inswanc~ 1o said MORTGAGEE. w f~il promptly ro pay fully ~ny premivm tha~for o~ in any
ttsp~tl f~il b pafwn~, discFw9e, ~x~cvt~, ~ffect, compl~t~, eomply with snd abide by this covenant, a any part Mraof. u~d MORTGAGEE maY p~+oe ~^d
paY fa wch Mwranc~ or any put th~nof witla~t waivinp or ~ff~ctinp any optlon, li~n, puiry, a riyht w~da w 6y vinw of ~his Mort9ape. ~~d ths i
fvll amaint of tach ~+d w~ry wch payrrnnt sh+ll b~ immediat~y dw artd p~ysbM a~d shatl bs~r interest from tM dat~ tFureof until p~id d tM rat~ of
~in~ p~r pntvm p~r urwm u~d togtther with ~uch i~re.es~ sh~ll be secvred by the IiM of this morty+ye.
1. To permH, aaNnit or wffer oo wut~. Lnpaument a deteriowtan of said property or any part ~herwf.
S. To pay alt and siequlu th~ cos», charpe~ u~d expeoset, indudiny a reasonable attor++ey's fee and cosn of ~bstrscts of titte. incu~rad or p~id ~I
any Nme by said MORTGAGEE, beca+»e a i~ the event of the failwe on the {»n of IM ssid MORTGAGOR b duly, promptly ~nd fvlly per4orm, d~schar9~
~xecw~,, ~fiM. compkt~. comply with and ~bide by each +nd every the uipulations, agresmenb. conditions, and cow~+nts of isid promissory note and thw
mortpap~ ~ny or eitMr. a~d s~id coiM, tA+rges and expenses. exh end ~very. shall be immediatefy due and p~yabk: whethcr or not then b~ notice ds
mand, ~ttempt fo to11M ot suil pending; snd fhe f~ll unount of each and we~y such p~yment shatl bea~ intereat from ths date thereof ~roil p~id ~t tha
rate oi nlea per centum per emum: a~+d al! said costs, charpes and expenxt irKwrsd w paid, together with sucA inter~st, shall b~ secured by the lien of thif
morlpap~.
b. lfwt W in tM evant of any breach of this Matgap~ w default on ths part of ths MORTGAGOR, or (b) in the ~va+t aoy of ta~d twm of mon~y
herNn rof~rr~d to be not promptly ~nd itrlly paid within thirry (3J) days next aftea the same sever~lly bacane due and paya4k, withoul dem+nd or notite,
o? tn th~ ~vent each and erery the stipulations, agreernenn, cond~tions and covensnts of sa~d promiuory note and th~s matgaye any or either ~ro no1
~~ly, pomptly ~nd fully perfamed, dhchuged. execvted, effected, completed. compl;ed wiih and sbtded by, then in either w~ny s~ch event tM ssid a¢
0reyat~ sum mentionad i~ uid pranissory ~ote then rem~ining unpaid. with intcrest ~cuued. and all moneys secvred. hereby, shall betwne dw and pay~
•b!~ fonhwith, W fI1QfNftH• at tl+e option of said MORTGAGEE, ss fully and compleuiy ai if ~II of the said sunr of money were oriyinally stip~lated
to paid on sucfi daY. anythin~ in said pr«n'~ssory note or in this 1Nortgsge to the contrary notw~thst~ndinp: and thereupon or thereafte? at the op?ion of
•~id MORTGAGEE, without notice w demand, suit at bw or in equity, therefore o~ thereaft~r begun, msy b~ praecutad u if all maKys iewred hereby
had erwtured prior to in iratitution.
7. Th~t in ths event th~t at the beginning of or at any time pending sny wit upon this Mortg+Qe, a to foreclos~ it, o? to refwm it, a to enfwa
payment of any d+ims hereunder, said MORT6A6EE shatl apply to the Court Mving jurisd~ttan ther~of for tM ~ppointmem of a Receiva, such Court shall
Forthwhh ~ppoint a?eceiver of saif! mortgaged property all and singulsr, includ~ng all and singular tht it~com~, proiits, iuues ~nd revenues from whateva
wurce derived, esch ae~d every o~ whith, it being exprrssly understood, is hcreby mortgsged u if spet~iically sst fwth and dewibed ln the pr~n~ing ~nd
habendum dauses hereof, snd tuch Receiver shall Mve ~II the broad ~nd effective funct~ons and powen in anywise entrusted by • Co~rt tp ~ Receivv, and
such appointment ahall be made by such Court as an admitted equity and ~ mattet of absolute right ro said MORTGAGEE, and without referenc~ to tM
ad~quacy a in~deqwcy of tAe wlve of the prope?ty mo?tgaged or to the solvency w insolvency of s~id MORTGAGOtt a the defendants, and that such
renn, profits, incane, issves +~d revcnues shall be appfied by such Receiver accwdinp to the lien a puity of said MORiGAGEE and the practiu of such
Court.
S. To duly, pnornptly snd fvlly perform, distMrge, execute, effect, complete, comply with ifld abKIQ ~ NCII afld every the ati~xrlatans, agreements,
cond'nioris ~xi ooven~nn in aa~d promissory nore snd rha morrgage ser fwth. ~
9. That in ths ~vent the ownership of the mortgayed p~emises, a any psn thereof, becomes wrsted in ~ penon other thsn the MORTGAGOR, tM
MORTGAGEE, its iucuuors snd auige?s, may, without no~ice to t!x MORTGAOR, deal with such svcussor or wcussor in interest with reference to th~s
mortyap~ and the debt hereby sacured in iM same msnner as with Mortgsgw without in any way vitiating o? dixharying ?he Mortyagors' liability her~-
under or upo+? the debt hereby secured. No sale of the premises hereby mortgaged and no forb~a[asrs on the part of the MORTGAGEE w its successon
or +aipm and no extension of the time for the payment of the debt hereby secured yiven by Ihe MORTGAGEE or irs suctesson w ~uigra, shall opeiste
1o nitase, discharpe, modify chanpe o~ affect the wig7nal liability of the 1111~RTGAGOR fierein, either in whole w in psrt.
10. It is specifics~ly sgreed tMt time is of the esserxe of this contr~ct and that no waiver of any obli9ation hereunder or of the oblipation s~-
cund hereby shall at any time theresher be heW to be • waive? of the terms hereoi a of the instrurneM secured herby.
11. In addiYron to the fwego:ng rtwnthly payments of princ'pal and interest required by t!x promissory note secured hereby, mortgagor tovenanta
and aprees to psy to mortgagce with each mw~thly payment an add~tional sum est~mated by mortgagee to be equal to 1/12 of the annval cost of the follow-
ing: -
A-All rNl property faaes kvied or a:sessed agai~st the above deuribed real estate.
B-Premiums on fire and windstwm insurance as hcrein requ:red to be urried on the improvements sitwte on the sbove dtsvibed premises.
C-Premiums on such mortgage guaranty insurance as mwtgagee shall from time to time deem fit to carry on the losn secured hereby.
j Mortgagee shall from time to time notify mwtgagor in writing of the amount due and payable hereu~der and such wm shalt tlxreupon be dve and
payable on ihe due date of the next monthly payment and each successive ~+w~?h thereafter ur.til mortgsgee thall notify mortgagor of a change in such
amount. shall be spplied by mwtgagee toward the payment of reel property tsxes, iruursnce prem:ums, and mortgage guaranty inwnnce ;
premiums. ~ ~
IT , the ssid MORTGAGOR has hereunto set his hand and seal the dsy a yesr first aforesaid. ~
deliwred in the p?esencs of: !
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STATE OF FLORIDA ~ •
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eefwe me perwnally appeared R e~n d ~ ~ o t t, ~,~k R Pgnnl d R. S e o t t ,~,d '
N`arY 4 V@~.YYL SCOtt his wife, to me well known and knawn to me to b~
the individuab desuibed in ~nd who execvted the faregoirg instrunxnt, and acknowledged before me that they exccuted the ssme fw the purposes
r~.e~ .~.~d. a~a ~e .~ca Mar;~ ~'nel vn Seott
W;f, R~vnold Scott, s~/kfa- RP;nold R.S~ ~rate and privats
exarrimaYae? by me taken separate and apan from her said hus nd, acknowledged ro and befwe me that she e:ecuied said imtrwnent freely and volun-
ta:ily and without arryr compulsion, corutraint, apprehension,~eu of or from her said husband.
WITNESS my hsnd and official seal thi ~1~ day of A. D. 19~_
~ FIL"ED A,Nt! FiE_~Q_R~E~ ~ary Public in and fw the State of Florida at Larye
Mr co~,miuan .:pir~s: -
Retum Ta ST. ~UCIE COUnTY. FLA. Notary Public, St~te ~f F~Oridi at Lerge '
F~t ~de.ai sa~~s a~~ w.~a~~w, RECOP.C VERIFIEO My tommi:sion E:pires Nov, 3, 1969 '
_ F°~ P;~fCe. . 15214'7 twded h/?~ncsw Fw a Gw+!A' Co.
Fwt Picrce, flwida
'6Z J~N 24 PN 3: I 9 .
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~t0'~F R r'OITR~S ~ ` `
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' CLERK CIRCUIT COURT =
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