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To plaa and oontiewwusly ke~p on tM buildinps now w Mr~aft~r situ~t~ on aid tand ~nd on dl equi~n? ~nd P~rwa+~b cowrMd bl? this ^+o'~'
~y~, with ~11 pr«niwn~ th~r~on paid in fuil, fin iruv~+nc~ in tl+~ vswl seanda.d poticy torm, in s s~? +pprowd by th~ MORiGAGEE. N+d windatam !
inwr+na in th~ uwa) ~r~e~dud pol~cy fam, M a ium approved by dw MORTGAGEE. b+ such comp+ey a tanpanies u tl~ MORTWIGEE ~n+r
d~r.nj ~nd ~II fin and wind~a.m inwraea polic~es on +ny of aid buiWin~q, anr intKe~t thaein a put tl+Keof, in tM pp.e9+t~ swe ~ta~s+id a
!n ~xcea tMr~oi, shdl oom~n ~F~e uswl s~u+dard more9a~ claw~ w such o~hN clsus~ ~s tM lYlat9aye~ m+y rpu'u~. m~kinp tM Iws wx1N a+~d pdF ,
ci~s. ~ad~ ~nd ~wry. p+YaW~ to uW N?ORTGAGEE a ib in~srest may ~ppea?. and each aod every s~+ch po1Ky sMll b~ p?anptly ~ss;p~ed ~nd d~liv~nd to
abl
•ny h~ld by s~id MORTGAGEE as fvrth~? s~cwtty to s~id mat~+p~ de6t. and. no~ I~ss than uo q0) days in +dvanu of tM ~apiration of ~ach policy. ro da i
l;ver ro wid M<?R1GIIGEE • neewal tMnof, top~thu wi~A a noNpt fw tM pnmium of s~ch renewal; u+d tl+~n shall b~ no fin a winditam insuranu
plac~d on ~e~y of saW bi+ildinp~„ ~ny intaest tMr~ w p+rt ths~sof, u~less ie tl+~ form ~nd with 1M lou payabl~ as +fw~s+~d: +nd in ~M ~w^t +^Y ~wn
of mon~y b~con»s payab4 ue~ wd~ policy a poticiq said MORTGAGEE shall Mw rM option to reuiw and ~ppty ths ~am~ on +ccamt of tM indebted~
neu s~cur~d Mr~by w w pKmit s~id MORTG/1GORS ro receiw and we it p~oy parl ihereof foa other purposes. without the~eb~ waiving w ~mpair-
iny ~ny p~ity, li~n or ~iqht w+der or by v4tw of this mortyap~l ~d in tM ~vent said MORTGAGORS shall fw any r~awn f~ll fo ke~p ~M ~aid p«rn~ses w
insu?ed, or fai) b d~liw~ prampfly any of said policies of i~swanc~ fo aW MORTGAGfE, a iail promptly ro pay fully any premium therefor o~ in ~ny
r~apM tai) W pNfwie~, distMtpe. ~xacut~ eff~ct. canpl~t~. comply with snd abide by this covan+nt, or any p~t hawf, said MORTGAGEE m+y plate ~nd '
P+Y for wd~ tnwr~a w~ny p~rt tMnof withovt waivinp or affectinp +eY ePtia~. ~i~n. ~W+ity. or rght a+d~? or by virtw of this +~+d the i
full amwmt of ~ach ~nd ~wry wch p~yment shdl b~ irnmedi+tey dw and pyabl~ and aMlt b~ar int~nst from tM daa thereof until ~'at tM raa oi
n~n~ pa pntum pM ~newm ~nd ~opethe. with wch inrerest shali be sscured by tM li~n of this mort9~e. t
To pKmi1~ oonr~dt w wffN no wsst~, Mnpairment w detaioation of ssid property w sny pirt thereof. ~
S. To pay ~11 and sirgutar th~ coan, charyea ~nd expense~, kxlvdinp a re~sonable atewney's fee snd coits of ~bst~acta of title, incurred w paid at ~
any tim~ by said MORTGAGEE, b~uus~ or in tM ~vent of tM failw~ on the p~N of tM said MORTGAGOR w du1y, p~omptly and fully pe~form, discM~q~ •
•xecut~, ~ffset, aanpl~t~, oomply with ~nd ab~de by each snd evcry tAe stipula+~orw agrea~nn, cond~rions, •nd cown+nn of as~d promtssory nor? and ~hi• j
~tfOrt9~f Nty p fitllN. and ~aid oosM, dwq~s and expenses, each and every, sMll b~ immediatel~ due ~nd p~yable: whethe~ w not thart b~ r.otice d~
m~:~d. ~tMmpt to odlM or wN p~ndinpt and tM full anount of eath ~d we?y wch psymeat ihsll bear int~?~st fran tM dat~ th~rwf until paid at the
rnre of nfrn pe? centum per uuwrty and all s+id costs, cMryes and expenaes incwred w paid, together with :vch intK~at, sMll b~ s~cured by ths li~n of tlw ;
~
~9+~
6. Thsf Fn the ~vent of any bre+ch of this Mo?tgsg~ o~ def~vlt on tM part of ths MORTGAGOR, w(b) i~ tM ever+t ~~y o( s~id tums of nwney ~
her~tn r~f~r~~d to b~ oot pranpty ~nd fvlly p~id within thirty (30) d+ys next ~fter the same seve~ally become dw and psyable, withow d~mand or notiu. !
or in tM ~vh+t ~ach and ~wry the stipulations„ agreemenr~, conditions and covensnn of u~d promiuory note and th~s mortyaqe any w either are na1 `
iulY, prompHy u~d fully p~rfarned, d~sd~r~d, executed, effected, compl~ted, compl~ed with and ~bided by. then in either w any such ~wnt tM aid aQ~ ~
preyat~ fwn n~ntioned In uid promiswry note then remainirg ~npaid, with interest xvued, and all moneys secured hereby, shall beaome dw ~nd p+y~ ~
abi• forthwith Of 1MfNffM~ at tl+~ option of said MORTGAGEE, u fully ~nd comptetely as ii all of the said wnr of money were oripirutly stipulated
ro b~ paid on wch daY. anythieg in s~~d promissory note w in ~his Matgage to the contrary ootwithsundinp: a~d therwpon or thereafier at tM opian of ~
~~id MORTGAGEE, withoW ootiu or derrwnd, wit ~t I~w a in puity. tIflflFOfQ Of 1~1QfNFtN Ixgun, eMy be pros~cut~d ~s if ~II ma~eys sscured Mr~by i
had mNvnd piwr to iri imlitution. ~
Th~t in tM ~wnt that at the beginnirg of or ~t any ti~ne pending ~ny wit vpon this Mortpape, o~ to fwecto~ N, or to ntorm it, a to e~fora ~
payment of a~y daims Mrwnder, ~aW MORTGAGEE sMll apply ~o ~F~e Coun F»~ir+g jv.~sd~an ~hereof tw ~M •ppanrm.nr of s Receivar. wch Court shall
forthwith appoi~t ~ ~~oeiwr of u~ mortOsped p?operty all snd tingvlu, includmg aIl and singutsr the iexom~, proiits, iuues and rewnuei from whatwu
~ourc~ d~?iwd, each ~nd ~vwy which, it beinp expreuly underitood, is hcreby mo.tgaged a if spec~ficalty set forth and desvibed in the 9wntiry and
habendum d~ush hereof, snd wth ReceivK shall 1?ave all Ihc broad and effective fundans and powen in anywiie entrwted by a Co~rt tp a Reteiva. +nd
~uch appointm~m aMll be mad~ by wch Co~rt u an admitted eq~ity and a m~~ta of ~baolute right ro s+~d MORTGAGEE, and wi~hout referenc~ to tM
adsquacy a in+d~qwty of th~ wlw of tl+e property mwtg~ged w to the sonrency or insolvency of said MORTGAGOR or the defendants, and that such
ren!t, prOflts. IfKO~nl, itaws and rwenues slull be appli~! by such Receiver accwd~rq to the lie~ w equity of s~id JNORTGAGEE and the practia of such
Court.
8. To duly, prompty ~nd fully perfwm, d'~scharye, execute, effect, complete. comply with ~nd sbide by tach +nd every ths stipulsYions, ayreem~nts,
condifions and oovenanb in said prombiory note and tha morfysge sef fwth. ~
9. That in tM went the ow++enhip of the mortgsyed premises, w any part thereof, becornes vested in a ptnon other than the MORTGAGOR. tl+~
MORTGAGEE, its wocessors ~nd ~uigro, may, witlw~t notice to the MORTGAOR, deal wifh tuch succeuor w wcc~stor in interest with_ refer~nce to thi~
mon~~ and th~ debt Mreby tetured in the ssme manner ts with Mortgagor without in ~ny way viti~tinp a distharginp the Mortysgon' li~bility hert
under w upon the d~bt hKCby secured. No s~~e of the premises hereby mo.tgaged and no fabearanu on the psrt o( tM MORTGAGEE w i» suuesson
o. +si~~ro and no ~xtension of the time fw the payment of the debt hereby secured given by the MORTGAGEE w iu svuessors w ~u~gns, ~hsll operat~
ro release, discha~e, modify dwngs or affect the original liability of the 1NORTGAGOR herein, either in whole or in p~rt.
10. It is spedfiully rpreed th~t time is of the essence of this coMnct a~d th~t no waiver of any obl~gation hereunder w of ths obl'p~tion se-
cvrsd M?eby shall ~t any tim~ thereaher be held to be a waiver of the tcrms hereof a of the instrument ~ecwed herby.
11. {n addition to ths forego:ng monthly paymmts of prin~ pal and interest requ~red by the p~omissory note secured hereby, mortpsgor cownanb
and agrees to pay to mortgagee with each monthly payment an add;tional sum estimated by mortgagee to be eqval to 1/12 of the annval cost of the follow-
ing:
A-All real prop~rty tsxes kvied or sssessed against the above deuribed reel estata
B-Prsmiums on fir~ and wi~totm inwrance as herein requ~red to be carried o~ the improvements tituate on the sbove described ptemi~es.
C-Premiwra on suth mort9aye gwranty iiuwsnce as mortgsgee shsll f?om t~me to time deem fit to carry on the (oan setured hereby.
{ Mortp~gee shall from time to time notify mortgagor in writieg of the amount due and payable he~eunder and such wm shall fhereupon be due snd
~ Fey~ble on fhe due d+te of the next monthly payment and each successive month thereafter u~til mortgagee shall notify mortgagor of a chsng~ in such
~ emount. Such sums thall be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mongage gusranty insurance
oremiurtu.
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day ~nd ysar firat afwessid.
. ~ and~llwr 'n th~ presenu of: ~
~T~ i ~n
n
n
/ n"'~
Tc OF FLORIDA _ , '
~o~~ ~ St. LuCf e i
s
eefa,. a,. P.,,an,uy,ppe..ea J~mes H. Chauneey ?
}
Rr~nda .T~ CZIHLITICA4 his wife, to me well known and known to me to b~ ~
~he individwb dewibed in and who exewted the foro~oinp instrwoent, ar?d adcnowl~;~ before me that they executed the same fw the p~rposes =
tnerrin express~d. Atx! th~ s~id Brenda J• VIIBUIICey !
wEfe of th~ said ~ JAT11A3 Ci~18L121C9~ upon • separate sed priwt~ '
mxamin~tan by rn~ taken s~parat~ and ap~rt from her said husband. ~dcnowledged to s~d before me tMt she executed said instrumeM freely and volurr
rar~ly end withoul any compubion, constrsint, ~pprehension, a feu of w from her said husb~nd.
WITNESS my ha~d and official seal t~i
- ~,r~ day bf A. D. 19~
~
-
~ , • Notary Public in snd for the State of Fbrida at I.~rpe ~
~ Retum Ta ~ 't`~~~~~••?!sttc:;; • My Commiuion ezpires: s
~ ' - Pl~f. S1it! 0~ HOfldi ~ Vf ~
Fint F~d~ral Savinp~ i lo~n /~ssociatan 9~
~ I
or Fon vK.~e_ •`'i,~~ ~Vlr Co~aissio~ 6cpira Sept. 23. 1969 '
~ . _ ' v'• ~d~ ~f A~e~icr fin ~ Casi~r Co.
faf Pierce. Fbrida ~ ` ~
n • ~ FILED qN ~
"
_ • ' % " " r~ : ST, IUCI ~ RECOROEp •
. : o ~ J:.. . E CO~N
. . E R Y F
;,y ~ u. 2;.~'J:~ R VER T ~EpLA.
= ~ij'~ • -
. cJ ~
~ ~ ~ lo i ~
ROGER FOITR S3~S
J~ ~ 800K164 PACE2646 r~`~ CIERK CIRCUIT CpU~T l?~,,~
.s~ ~r l
~ ' - . . _ _ _ - ~ _
~..w1 ^y` _ . ~ yµb"„y.
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