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To plaa ~nd contimwusly kasp m tM buildinps ~+ow a he~~aftN wtwt~ on saW I~nd ~nd on all pvlpm~M ~nd pKSOndb cownd bY this nwrp~
p~. with ~11 pemiwm ~Mreon p+~d ie full, fin insw~oc~ ~n tM uwal stanclard policy fonn, in • sum app~owd bY tM MORTW?GEE+ and w'^d~ton~
tnsw.nc~ M ~M uswl ~~andard poliqr fam. in • wm approv~d by tM MORiGAGEE. in wch tanP+^Y a oo~paniN a~ th~ MORTWIGEE may
d'uecq and aQ fir~ ~nd wind~wrm inw~~na policies on of said builda~~p„ ~ny i~NrMl rhK~in a p+?t tMnof, in th~ pprp~t~ wm ~forKatd a
In ~xaa tMnof. shall cantaln tM wwl sNndard mort9apw dwa a such ai~ dav~ a tM Matp~p~~ n++Y nqvw. ~kkq tM loss wKla said polt~
ctes, sach ~nd ~wry. WY+bM w ~aid MORTGACsEE a ifs interat m~y ~pp~a~. ~nd Nch ~nd wKy wch PolicY ~MII M pranpth ui~9n~d ~nd dsliva~d ~o
~ny Mld by said MORTGAGEE as fwther s~cwiry ro s~id mor~9ay~ d~bt. and, oot less tMn »n l10) d~ys tn advante of N» ~aRlratan of ~ath potity, to d~ ~
li~e. ~o wid MORTGAGEE a rarw~l therwf, to~tlw~ wirh a reoe~pt ~ tM pnmiwn oi wd~ .~walj ~+d tha~ ~h+ll b~ no f'u~ a winds~wm Insw+nc~
placed on .er of sa~d butlduqs. any tme..s? t1+.r.ie o. p+n tMrwi, unl~ss in tM form and with tM las p+y+We ~s atw~saW~ ~nd M tM ~wm ~ny we+
of morwy b~canN pay~We un~ wch potkp a Pol~s ~aW MORTGAGEE shall Mw rM option ro na~iw and ~pply tM ~ on acto~nt d tl+~ ind~bted~ ~
ness secwed htnby w b pem~it s~W MORTGAGORS ~o naiw ~d uw M w~nr pa.t tMnof fw otMr pwposw without ~M.~b~ w+ivin~ w impak-
~ny ~ny pu~ty. lien w rqh~ w~der or by vinv. of rhis matpspes and in ~M ~wnr u~d MORTGAGORS sh+ll fw any rNSOn fait to ke~p H?~ s~k! p~Nniu~ a i
~nsu.ed. a fail w d~liva p.omptly any of i01d POIiCiM OF iniWa?K~ 10 Hid MORtGAGEFy Of i~il p?oenpNy to p+y fully ~ny prNnium thsr~for or in ~ny
respect fail to pNform, dixMr9e. ~x~cvte. effec4 compl~t~, comply with ad abid~ b~r thh oov~nant, o~ 'any p+n Mrwf. aW MORTGAGEE m~y pl~os ~nd
Par fa such Irawanc~ or ~ny parl tMreof without w~ivinp or ~ff~clinp +nY eWion. ~kn. puity, or ~iph1 wdK a by virtw of M+is Mat~+p~. ~nd the `
fuil •ma,nt of .ach and w.~y wd? paymn+t sMll b. im~,sd~iar.y dw and p.yabl. u+d ah+11 b..r u?m.s~ hom th. dar. ih.rwf w+~i1 p.W n ri~ rah of
r,:ne pK cMtvm per amum and toyether with such Interest sh~ll be s~curod bp th~ li~n of fhis mortp~pt.
1. To p~m~it, co~emut or tuffer oo wast~. Gnp~irmeet « d~tKiw~tan of aid properry or ~ny put tM~wf.
5. To pay all aed sinpula tM costs, chanp+a ~nd e:Puwea, inctudirg a hason~bb anoreey's fe~ ~nd ooat~ of ~bshacts of titb, Mcwnd or paid at ~
a~y tims by wid It+WRTGAGfE, b~cavae w in tM went of th~ failuro on ths put of tM uid MORTGAGOR to duly. pron+ptly and ivl~y pNfwm, diaM~ ~
exec~re, effen, oomple~~, comply with and abide by ~sd+ and ewry the ~tipula~ans, ap~e~m~nts, ooeditiaa. ~nd oov~n+na of said promis~o~y rat~ u~d ~Iw ~
morrgpe any w eirher, and said cosu. ch~rpa ~nd ~xpenses. tach and ~wry, shall b~ bnn+~diabty due ~nd pay~bl~t whttM? w nM tAK~ M notia d?
mand, atrempt to oollect w wit p~nd~ng~ and tM ivll amouN of ~ach and wMr wch p~Ymt~t sIW1I b~a? intK~tt han tM d~ts th~r~of until p~W at tM
raie o~ nirN per centwn per annum; and all s~id aosts, cMrge~ and exp~nses incwnd or pskJ, rop~ther with wd~ M~at. ~hall M sswrd by th~ li~n of tha
morty~y~. _ '
6. Th~t (a) in the event of ~ny bresch of this Mortyyt ot d~f~olt on tht p+rt of ttw N10RTGAGOR, w(b) in tM ~wnt ~nY of Mid suna of ^b^~Y
he+ein refared to be not promptly snd fuly paid within thirry (30) daya n~x1 afta the ~arn~ sewrally baan~ dw and payabl~. wltho~t d«n~nd w notiu.
o~ (c) in th~ eve~t each and ~w?y the stip~lations, agnem~nn. conditian ~nd cw~nann of w~d promiswry noq and tA~s map~ ~?Y a Nth~? ~n nol
iuly, promprly and iully perfamed, d~sch+.ged, execvted. ~ffecred, compkt~d. canPlisd wiM and ~bidcd 4y. tMn In ~itMr or any a+ch ~v~nt tM uid q
gregate wm rnanrioned in uid promiuory rate then remsi~inp unpaid. with int~rest acuwd, uid all mon~ys s~cw~d. Mr~by. ~h+ll b~ooew dw and pap
eble fwthwith, a thrresha, ~t tM oprion of said MORTGAGEE, u fully ~nd compkt~ly ss if •11 of the wid awM of narwy w~rt apin+lly ~tiputat~d
fo be paid on such day, anythinp in sa~d p?omiuory note w in tha Morty~e to tM contr~ry notwitMtand'a~pt and tMnupon or tMrt+R~r at tiw option of
sa~d MORTGAGEE, without notite or damand, wit ~t I~w a in equity, ther~fon or thKCaNe? brpun. b~ PeoNtut~d.a~ N al~ mwwY~ Ntw~d Mt~bY
had matw~d prror fo iq inttitWion.
7. Tiut in the event that at the begiru~inp of or at ~ny time p~rdinp any wit ~pon thts Morpap~, a fo ~a~eloM h, a to nform h, or to ~nfora
payment of any claims herevnder, aid 1NORTGAGEE sMll spply to the Coun havinp ju~itdidion thenof fa th~ appointnNnt of a R~aivw. wch Goutt sMll .
for~hwith ~ppoint a receiver of ssi~ mort9aged property all and singulu. (ncludu+p all and slnqula tM inoo~rn~. profit~. h~w~ ~nd nwnws ftom wMhwr
source derived, escA and ewry o# which, it being expressly understood. is hereby mwtg~y~d a if ~qcifiully Mf fotfh ~nd elNCrlb~d N thi prantinp and
habendum clauses hereof, and wch Rec~iwr shall have all the Ixoad and effective fvncuoris and powen b anywis~ ~mm~t~d by ~ CouH p~ R~otiwr. and
iuch appointment shall bs male by s~ch Court ~s ~n admitted equity and a rmttN of ~bsolut~ rigfit to ~id MORTGAfEE„ and without nf~r~np b th~
edequacy w in~deqwcy of the wlue of the property matysyed w to the solv~ncy w~nsolve~cy of s~id MORTGAGOR w the d~f~ndaMa, and that wch
~enis, profin, income, issws ~nd revenu~s sMtl b~ ~pplied bp ~uch Receiver ~audinp w tl+e li~n a pufry of said MORTCsAGEE and th~ p~dia of such
Court. _ -
8. To duly, promptly and fully perform, dacharpe, ~xecute. effect, canpleq, complY virith and ~bid~ by wch and wKy th~ atipulationti pr~wnti. ;
conditaro and covenams in ssid promiuwy note and this mwtyaQ~ tet forth. ' ~ ~
9. Th~t in the evs~t the ownenhip of the morfgaped premaes. a ariy p+A thereof, beaomas wst~d M• pKSO~ o~r tMn tFw MORTGAGOR, tM i
MORTGAGEE, i» succeuon snd auiqro, may, wifha,t norica to the N10RTGAOR. dea~ with such wauuar a N+a~qor in int~rNt with ~~rMa to this
mortgsge ~nd the debt hereby secvred in ths s+me manner as with Matya~or withovt in ~ny way vitiatinp ot distMrpirg tM Mortqapots' Ibbility Mr~
under a upon the debt hereby secured. No s+le of the premises hereby moAy+yed and eo fqbtar~nu on tM pa?t of tM MORTGAGEE or i» wcaswn
or assigru and no ezt~n:ion of the time for the payment of the debt hereby secured yiwn by tiN. IMORTGAGEE w its rucaa~oes or atipM, shall opa~t~
to rclease, dischar~e, nadify tMnge or affM the original liability of the MORTGAGOR her~in, ~ither in whol~ or ln pa~t.
10. It is specifically a~reed that time is of the essence of this ca~trset and lhat no wdwr of uiy oblig~tion Mrwnder or of_th~ oblipation s~
cured hereby sfwtl at any time thereafter be held to be a wsiver of the terms hereof a of the instrwn~et s~cund haby.
11. In addition to the fwego:ng monthlY paYments of princ:pal and interest required by the promisfory not~ setur~d hereby, motf~~por oown~nb
a~d agrees to pay to mortgagee with each monthly payment an ~ddi~ional sum estimsted by mortyaye~ to b~ pwl 10 1~12 of tFw amwl to~t of fIM follow-
ing:
A-All real property taxes kvied or suessed against the above desaibed resl estate.
B-Premiums o~ fim and windstorm insurance as herein requ~red to be urried on the improvtmtnt~ s'~twt~ o~ tFN ~bov~ dtsuibed pr~n~p. ~
C-Premiums on such mortgage guaranty insurance as mortg~gee sha11 from time to time deem fit ta carry on the Iwn skwnd Mr~by. i
Mortgagee shall from time to time ratify mortgagor in writing of the amount due and pay~ble Mreunder and such sum sMll tMnupon b~ dw and ~
R cayable on the due date of the next monthly payment and exh successive month theresNer ~ntil matpapee shsll notify mortgagw of • th~rp~ in wch j
~ a~*~ount. Such wms shall be spplied by mortgagee toward tF+e paymem of real prop~rty uxes, insw~nce ptem+umr, and mortyap~ ~wranty inwr~nu i
premiums. s
IN W E R id MORTGAGOR has hereuMO set his hand and ss~l the day ~nd yMr fiM afwpald. ~
S' Se io tM presence of:
n
- n
~ ~n
K..~
STATE OF FLORIDA ~ . •
couNrir oF 3t~ Luaie ~
Befae me person+lly appeared V L. ~Hrt~ and
AAl An l~. IrLrtin hia wife, to m~ welt known and known to m~ to M
tt,e individw4 described in ~nd who ~:ecuted the fote~arg instrvment, and ~ckrawledpad befote m~ th~t they ~xecuted ths sarn~ for tM purposes
therein e~.u.d. Md rh. said ~l en M~ Martin
w~fe of ths s+id ~ j~,~ MArti~ - . ~rpon a separ~t~ and privat~
exam~naYan by me take~ tepar~te and spsn from her said husbsnd, ~du~ovvledged to and befon m~ tlwt sM exaa?ted s~id instrument frs~ly and volun-
ra~~iy and withovt s~ryr comp~rlsion, conslraint, ~pprehen;ion, a fear of w from her said Ilwba~~,t L' !
WITNE55 my h~nd snd official seal fhii 4th ~y ~ ~a _ v_ A. D. 19_Si~.~
~
- Nobry Pvblic in a~d for tM Stat~ of Haida ~t lup~
My Commasion upira:
Retvm Ta - • .:.:+i:,:r„. ~ -
~ ~It. Sbt! 0~ Fl011di it ~irQ!
firat federa) Savirgs 3 Loan Auociafan ' ~ ~ ~ • ~
~JI Commissian E:paes Sep~ 23. 1969
Of forf Pierce. ae• '•e .~i . r{~~d h AMrK~w ir~ i 4~wlh G.
Fo.r Pie~u. Fb.id~ DEO . ' ~
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