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To plaa ~nd oonthuou~lr kNp on t!~? buUdir+ps now a h~.~aftN ~itu~b on saW land and on all rqv{pn~?t ~nd pa~ondly aovM«I bp thM ^a~~?
p~, witA ~II pnmfw~~ thKwn p+id tn tull, fin "iravrana in t1r uswl ui~dxd Polkl! forn~. jn • wnt ~pprowd by tM MORT~3AGEE. and wM~dqor~
Irawart~ In th~ wu~! u~e?dud poGcy farn, in •~um approwd by ~M. MflRTGAGEE. M~ wch oompany a aompania M Nw MORTGAGEE nNy
dawt ~+d dl fin ad w'mbwrm k~wrana policia on ~ny of utd buiWieyp, ~ny tn~at tMnin a prt tMrwf. in ~M app.paa wn+ afaaatd a
tn ucaa tMrwf, ~Aall aontain tM uswl pandard nartp~ d~us~ or wd~ o~h~r dawe a tM Mapa~M ^++Y nqu'v~. m+k~+p N» Iws undK sajd polh
dw ..cA .nd wMr. arabt. a a.id ~Ilortrw?GEe a~a u+tk..t m.v +ppw. and tad~ «+d .wry wd+ poltey sh~~~ b. pranplly as:~d .nd ddhr...d a
any !wW by ~id MORtGAGEE a furtMr wcu~(ry to ~W maqap~ dtbt. and eat lut th~n tM l10~ d~ys In ~dv~na of tM ~xpk~tion of Nch Pak1l. b d~
liwr b aid MWRTGJIGEE • nmw~1 1Mrw~. top~tMr whA a naipt fa tM pnmiwa of wd~ r~w~y s+~d th~n ~MII b~ ro fir~ w wieKl~ro.n? M~w+i+p
pl~ad on «+y of wid b~idinp~ ~ny int«Nt th~in or pwt tl~erof. unias in Nr fonn?'and with tiw loss payabN as ~for~atd~ and in tM twnl any swn
of moeNy b~oorn« p~yaW~ w;der wd? poUey a polida ~aW MORTGAGEE shall Irw th~ opion 1o natiw ~nd ~pply th~ s~ny on ~ooa?nt o1 tM tnd~bt~d.
twp Ncw~d l~~by or M p~reoit s~id MORTGAGORS to rspiw a~d us~ N a~ny p~rt tMnoi fw o~he~ pwpoa~a. withovt thxebi vr~ivi a
Inp ~nr puHY. li~n a?ipht w+dn a by virtw of thi~ mort~+p~t and in th~ ~vaet ~aid MORTGJIGORS sh~H for ~
Inaw~d. or f.tl b d~liwr P~~Mb ~1? of wW nawa fait a k..p tM a.k! pr.n+ii.s ~o f
r..p.ct f.il a oolici.s of in~vnno. +o said MOrtTGJ?GEE. a r•t~ P~+Ptb P+r ~~h «w w«nium ther.tv. a In anp !
Paf«n~, ~x~cv~~, ~ff~ct. oon+P{N~. oomplY witA and abid~ by thit oowe+nt. a+ +nY P++t lwnof. ~aid AAORTGAGEE may plac* ~nd ~
WY ~ wd~ Lww~nw a~r put tlweof wahour w~lrtnp a~ffaetino +^Y aWio~, li~n. equib. a ripht unela a by vinw of this ~nd th~ ~
full an+o~ret of ~ad? and wery wd~ psyn~N ~F~11 b~ ~Nly dw ~?d p~yabls ~nd sMll b~ar lia~rat han th~ dah tl»rwf w?tU ~tM ~~N of
nin~ pp anlwn pM «+rwMe ~nd top~tMr with wd~ Nt~+tN si~all be a~cwrd by Ifp li~n of tN~ p~orp~y~. 1
To pumiy oonknM a wtf~r no wasta,, Yepairn~M a dn~rior~tion of ~aid propKyr or any pA fIM?~of.
5~. To p~y all aod ~Y~pular 1M ~aoat~. ehar'p~s ~nd ~xp~ includi^p • naso~?~bb ~tfom~y's fN ~nd aoat~ of ~bsnaeu of thlR. MKwr~d o? ~id N #
snY Nnn by said MORTCsAGEE. b~cavq a h th~ w~M af tlr faihin on t1N pan of tM s+id MORTGAGOR to dub. Pro^~P~h +~d ful~Y P~~n. diul++ry~
~x~cvt~, ~tf~ ooo?pk1~ aomplY with and ~bid~ bp wch ind ~wry th~ uipul+t~on~. pn~nb. conditio~a. a+d oownanq of aaid promiasay eoh ud tAU
^+~+D~ uh? a~irhw. ~nd aid ooah, elwp~ +nd ~xP~eti ~ad~ +ed wKY, shdl b~ tme~ediaMly dw ~nd WY+bltr whetM~ a not Hwr~ b~ notloi dr
n++nd. atNmpt w oo1Nd a wN p~e~dinpj and tM tvll amoww of ~ad~ r+d ~wryr wch pirme~ ~ha11 bea. k?maf froin th~ d~» th~?wf until paid ~t th~ ~
nte of aiM pu antwn p~r xwwmj ~nd aU wid abats. charpu ~nd exp~~ws ina+rnd a paid, IopNhp with wch int~nat, shsU b~ Ntured by th~ ti~n of tha ~
~a~
A 1Mt jd in tht wrM of any beath af thh Morl~apt a d~f+vtt on ths pert of th~ INORTGAGOR, or (b) in the went
M~iM nfsrr~d w b~ ew~ pranptty and fuly paid within thhty Cd0) d+ys next afts~ tM aam~ wvMal beean~ d?~ u~d ~ of s~?d swm of morny ;
o. (d i~+ d,..wn~ ~.d~ and the s+ip~t~tiaa. ~~~nwnq. oondinoe. aed oo-r«w~a of aid h ar+b~.. wNhou~ d~~d « noria.
~ p~ank~o~r aote and tha morqp~ any a ~itMr ~n nw
~?N. P~PNY +^d ~~h? P~d. di~dwWd. ~x~a,t~d, effided, c~ompl~t~d, oa+?p~i~d with ~nd abided bY. Nrn in ~itlw a any such w~nt tM sa~d a~ i
pre~t~ wm n~?tiaw~! in sskl panissory nob tl+an r~maiiw~p w~Wid with ir~ter~sl aarwd, and atl nwrwys atu~d l~u~by. shaN b~c~oeee dw ~nd p~y- '
~bl~ forthwith, a thKwft~?. N tM option of said MORTGIIGfE. ss i~Ny ~ed oon~tetely a ff al! of the said sums of nqr~y wen wipin~lty ~tipula»d
ro be p~d oe~ wd+ ~day, arhrthinp in said promissory ~wM ot ia this Mortp~ W tM aontwry notwithstandinp• u+d ~hareupon a th~r~aft~. at th~ op~ion of
said MORTGAGEE. without norio~ w d~+nand, wit at laa or in puiry, ther~fon or Nweaher b~pwb may b~ prw~culed a if all monsy~ ~~d her~by
~+ad m~hirad prior to its krtitvtion.
7. n»t in d+. w.m th.t ~t d+. b~y~&~p of o. N.ey tim. pen~ag .or wit ~po~ thi.
• Morrp+pe, w to foreclwe k, or to nfonn N, w to ~nfora
WY~M ~ MY d~i~ra lweunda~, s~id MORTGAGEE sMll ~pply to the Gourt havinp jwisdrction tl+erwt fw the ~ppo~ntm~nt of ~ Receivar. wd~ Couil sMtl
f~~~ ~PP~~ ~~+wr of ~+id mo~tpap~d poperty itt and sirgula, Mrclud~np sll u~d wgulu th~ incwne yrofits, hsws aed nwnu~s from whatswr
soura dwivad. ~ch and ~ve~Y of which, h beieg ~xprasly uaderuood, a hsrtby mo.t~~ged a~ if ~pecifkalty wt forth ~nd d~~ar~d h th~ 9raetinp ~nd
FabM~dwn cla~+s~s Mrwf. ~nd wd~ Rawhra sMll !ww all tM broad and ~ffactiw funcNom and powsn in ~nywiss ~hutttd•by + Covrt to a R~aiv~r. ~nd
such apFwintn~nt sMll be m~ by wch Cowt p M~drnitted equity and a mattu of abwlute ripht q wid MORTWIGEE. and without ?~fKer~ ro the
+dM~+~Y a in~d~qvacy of th~ valw of the P~~~Y ~+ped w to th~ so~wncy w in~olvency of said MORTG/1GOR w the defendants, ai+d thar wcfi
renrs, profits, inooeer, uwa Md rtv~tiws sh~U b~ applid bp sueh Rwiwr atoordirg a tht lien or puity of s+id MORTGAGEE and th~
Caxt. Pnctiq of wth
s. ro d~,w, aa~~y ~+d fi,ib w~t«.n, ~..w. .:«am. .tf.a. owrd.a. ow~r w~~ a~d abw. by ..ch .~d
~wry tM stipvl~rio~a„ +p~nts. .
cond'Aioir arwl covena~h in said promusory r~ot~ and this ?norrQap~ ss~ fo~fh
i
9?hat tn tM went the orvnsrship of th~ ^arty+yed P~+;s~. o~ +nY P+h tircreof, becan~ vested M ~ paaon other tMn tM MOR'rGAGOR. th~
MORTGAGEE. its wcauas u~d usipeu, m~y, without ratice to tht MORTGIIOR, deal with ~vch wccessor a woassor in intereat with refae~ce b this
mor~p~pe and ths debl henby ~ecur~d in 1M sa~rle marr~sr p with withouf in an wa vitiat
~Y+Da r r 1~p a d'ad~up'a~p the Nkxtp+Dors' II~WIiq her.-
und~r or upa~ the deM 1~sr~by secwad. No s~b of th~ premises herebY ~~0+9~ ~rd oo forb~anoe on tM p~rt of the MORTGAGEE or its waeswrs
or assiyro and no exteniion of the f'rn~ fa the p~yment af tM d~b~ Mreby sen,.ed yiwn bp iir MWRTGACaEE w its si+coes~aa or ~ssip~s, alwll opvar~
ro r~M»~ dbchsrDR. modifY dun~ w~ffee~ the agind li~bility of tlw MORiGAGOR 1»r~iA, sitMr in whols or in put. .
10. It h specifically apried tlwt ti,n~ is of th~ ess~no~ of tha oontwa uid th~t no w~Mr of •
curd Mr~ ahall at ~ny tieM tMrtah~ b~ Mld to b~ ~ waivet of ths htms hetsof or of tht instrwMM s~stwed
herby hu~u~der or of tlw obiipatq~ se~
11. In add~r'an ro M+e fn.po:ng monrhM wY~n of P?tnc'p~t and irue.esr required by the prom~sso.y nore secured hersby, ^ar~~+9or cown+nn
and +praes to pay ~o mortp~ with ~ach monrhly p~ym~nt ar, addirion~l swn esrim~ted br morq~ps~ to Mr eqwl b 1/I2 of tlw annval cosf of the follow-
ing:
A-All tN) prOplAy ta7tp levied p itflsfl/1 ~yiiMt tlfp ~bov~ d~seribed real estsh. ~ ,
a-P~emiums on fire and windstorm :nswsnce as herein reqv:red to be urried on the improv~nb sf1wM on the ibove described pramisas.
C-Premiuna on s4ch mort4+9e yuu+~tY inwrance as mony.yee thall #.an t~me;to rime de~m fit ro cury on rhe loan securad hereby.
A11oHy~pee sh~ll iran time ro time notify mwigsyor ;n v,n;tmy of the ~mo~xit due a~d payabls hereundar ~nd wch wm sh~ll thereupon be d~e ind '
payable oo the due d~te of the next monthly payment ~nd ~ach svccessive month thsreafrer unt'r! mwpayee s}~all rwtifr mwt9agw of a chsnQe In wd~
amarnt. Such swns shall be applied by mortps~e~ towsrd the p~yment of re~l property t~xes„ N~wrsnce pramEvms, and mat~ape pvara^tY ~nwrancs
p~emiun~.
tN WITNE55 YVHptfOF, t said MORTGAGOR h+s hereuMO iN hit hand and seal th~ day and rsa~ fvst ~fora~aid.
D~~d~ S and ~~r h th~ pre~a+c~ of: , ~
. ~ q f
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~
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STATE OF FLORIDA ~
cournr S t. Luci e
s.~..m. ur,~.,~a Stanlev R. Borgman f
E~thelebba Boraman • '"d
rr~. u+fiivia~.a d.K.ie.a in .~a who .x.aned th. f«.p~p &~t.um.m, .~a M. w~r~, to m. wel~ kr~o~m ~,a waw~, to me w b.
~du+owtedped bsfon en~ th~t th~y ~,ucuted tM sam~ for tl+e purpoaas
rM..~ .~....a. n~+a ~r» Ethelebba Bor~nan
wrr. of rh. ..~a S.r~n~ eY R. Bor~11
e:a~nination bp m~ ta4en s~paraN and aput from her said hu~baed, uPo~ a sepuat~ and prira~
tarily and witMut nq? oompvlsiqy tautraint, ~^O1~'~~~d b ad befon me N~at she e:acvt~d said instrwnent keely and volvo- }
+PP~e~~or fw of or fran I~ wid Iwsband. • ~
WITNESS m1? Iwd and ofBci~l wal +1~ 1y ~ A. 0. 19~S~L ~
t
IYor• blic in and for rl+. Sqn of Flord• .t i.np~
RNUrn Ta µy !'~a`
First Fidusl Savin~ l~ toa~ Aiwciation . • -
Of iwf Piaa~. - ~~•:•srr. .:'.ary r~1ic.•State of florida at l~rq~
POff Pi!/q, fIWi1~ .i~~i j~~~ r~~ ~:~y ~A:7iiiISS!J~1 SEK~2S '
• RECO~o JL ~ti~~g~~~ ~ ~
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