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Yo pian ~nd ca?t'.nuously ks~p on tht bu~ld~nys naw a h~r~after wtwr~ on tH~d I~n,1 ~nd m all equ:~nl and pxwn~ily cc~w~d by Mi~ ~nortq~ i
p~, with t0 premiwrw ~Aerwn p~:d in ful~, fir~ ir:w~ac~ in ~h~ uswi s~udud policy fam, jn ~ svm ~ov~d by 11?e MORTGAGEE, and wind~tam ~
4qw~ h t~ uswl ~r~.d poi;cy fam, in a awn approv~d by tM MORTG/?GEE; in such corr~pa~+y or eon~pan~es u tlu MORTGAGEE may ~
dir~ctr and ~11 fr~ and w~arm insvr~+a po1K~~s on any of a~d buiW~ags. ~ny imerst ~M.ein ot put Uwnwf, in ~M aps~.pat wm ~fa~said o~
M~auss ~Aenof, aMll conuin ~Fw uswl standud morr9a~t daus~ or such ahs. daua u tRa Mwrpa9e~ m~Y rsqva~, ma!&p th~ bss u+~ sud poli•
cia. ~ach u~d tverY. WraSl~ w said MORTGNGEE u[rs inrcrest may +PFe~?. and each u~d ~ve~y s~cA poticy thail b~ promptly au:9n~d ~nd d~livNed ~o
~ny Mld by ~id MORTGAGEE u fwtMw ascu.~ry to s~id mort9ap~ debt. and, ewt I~ss tMn le~ q0) days in ~dvanc~ of th~ expk+~ion of ~a.~h policy. ro dr
GvM ~o sa~d MOkTGAGEE • ren~wal ~M.eo/, w~~ka wirh a recs:pt for the pnmiw.~ of such rene,,,ral; ~nd ~Ms.e sMtl b~ no f~n or winds~am inswante
plaad on ~ny of said buil~nps. u+y in~~.est tl+K~in a put :M+wf. vnl~u in tM fora+'ud with tM lou F~yable as ~fw~said: ud in ~M ewnt anr w~n
of maMy becorna p+yabl~ w~ wc1~ policy or polKi~s aid MOkiGAGfE sMll h~w tM opt7on ro~ecaiw and apply t!w sank on ~ccow~t ol ~M ir~b~sd~
~wu s.cwed har.by or a pen+?i~ sa~d MORTGJ?GORS ro reoeiw ~nd ua~ i~ p any p~.~ tl+erwf fa onc~r purpoies, w~~hou~ ~hs.eb~ wai.i„y o. unpa~..
inp anY quiy. lia~ or ripht w~der or b~r virtw of this morspag~j and :e~ ~M ~ven~ said MORiW1GOR5 sMit to~ ~e?y reawn fail to keep tM said prNni=es w
inswed a fail b d~liver promptN any of said polici~~ 01 in~w~nc~ to sa;d MORTGAGEE, w fail promptly b p~y fulty sny p~emium U?e~~fw or ia any
nsp~d fail w pKfocn~, dixhuye, aa~cur~, ~thct. compltt~, comply with artd ab~de by this mvensnt, or a~y paat h~reof, s~id MORTGAGEE may plac~ and
paY (a w-h iruwano~ o~ ~ny put tl»reof w~thout walvinp a af(~ctinp ~rryr option, ti~n, pv~ty. or riflht w+dN a by virtw of ~hit Mort9ape. and th~
tv0 smou+u of ~acA and ~wry such payreee? sM{I b~ immeaiiarely dw u~d pry+ble and sM11 bear inrKes~ from the dat~ the~eaf uo~il pa«i N ~M ~an ol
~e pK centwn pN ~nnu~n ~~d toge~he~ with sucA intereat th+ll be secwed by N?e li~n of this nwrtyaya
1. To permib comnit or wffc+ ra waste, impa'ament or dereraration of said property or ~ny pxt thereof.
S. TO Piy ~II a~ iinpVlK tM ~COttf, CIMt~lt l~cpMflt, if1ClYdirg i fHfOM~! ilt0?My'~ fes i.~d com of sbstr~cta of titk, incwred a paid at
any tim~ by s~id MORiGAGEE, bac.aus~ or ie tFa erent of the iailwe on the put of tM said MORTGAGOR ro duly, promptly and fi?tly per(orm, diuMrg~,
•xecvt~, ~(fecb compk~t. complY with and ab~de Dy e~ch and every the stipula~wns, agrcNne~ts. conditiona, and eovenanK of said promiuwy note u~d this
mwtya~ any a e~rl~er, and aa;d cosr~„ charpes and exueeres each and erery. sh~ll b~ immed~aely due and pa~+ble: whcthsr w not rAer~ ba notice dc
~n~nd, ~ttempe ro co~kc~ w sv~~ peed~ng; ~nd ihs fuq arewun~ oF cach and e~very wch psymer~~ shall beu interest frpn tht da~~ ttxreof uot~t pa~d a~ rhe
.~ts oi rwk pe~ crnrwn per arrwm; u+d ail ~aid c~bsts, ct~ar~ a+d e~c;-~nses ;ncwred w pid, ~op~thK w~th wch intaru~. shill b~ secvr~d by th~ lien oi tha
^uotf9+9~•
d. That (a) in the event of any breach u( this Mortgs~e w defwlt on ths ps~t of th~ MORTGAGOR, a(b) in the ~vent ~oy of sa~d sums of money
herein nferred ro t» nw p~omptty and tvly paid wirhtn H+~~ty (30) days ~eat afte. the samt severiUy aecome due ~nd p~yable, withovt demand w no~ice,
or W in the ewnt each uid every ths sti,xrNfiona, ~greements, conditions and covenints of sa~d promis~o~y note ~nd th~s mort9age ~ny p eithc~ are ea1
~rly, promptly u~d fully pxformed, d~scharped, executed, effected, completed, complied with aod ~bided ~iy, tAen in eirlror or any s4ch even? the aaNi a~
p~e~h wm mentioned in said promissory rwte the~ ~emainirg unpaid, with io~eres~ accrued, and all moneys secured hereby. shall beeane dw and pay-
~bi~ fonhwith, a fI~lfNFtH, at the option o! sa~d MpRTGAGEE, as fully ~nd canFletey u if ~II of the ssid sums of money wero or~pin~lty iNpularcd
ro be pa~d on such day. anything in sa~d prom;uory rwte a in thFs Mortgsqe to the con~~ary notw7~hstanding; and tFrcrevpon w thereafte~ at the option of
s+id MORTGAGEE. witho~rt nak~ a dan~nd, wit at la~v n in equity. therefae or theteafrer begwy may be prosecuted as if all enonsys ~cured heroby
hid f1NtWld plWt t0 iri illttitutiWl_
7. Thst in ths event that st the begim;eg of or at any time pendiog aoy sutt vpo.+ rhis Mo.fgage, w to fo~ecloss it, or to refwm i~, w to enfwc~
payment of any daims hereunde~, said MORTGAGEE shall apply ~o the CouM having jw~sdKt~on thereol fw the appantment of a Receiver, wch Court shall
forfFiwith appoint a receive~ of ssid matg~ged propeny all ~nd singulu. includ~ng atl and singutar Ihe income. prohts, issves and revenvcs hom whaterea
iowca derivsd, each and eve*y of whKh, it being expressty ur~rstood, is F+errby mwtgaged m if speufically set fath u~d dewibed in the graering snd
I+ibenduen ctauses Aareof, and svch Receiver shall Mve ~II the broid and effecure funcewns and powcra in ~nywise e~+trusted by ~ Court to a Receiver, a~d
such sppoinm+cnt slwll be made by svch Court as an admirted equiry and a matte~ of absolute rgM ro said MORTGAGEE, ~nd wiihout refe~ence ro the
~dequacy a in+dequacy of the wlue of rhe property mort9aged or to nc~ sanrency a~nsoivency oi said MORiGAGOR w t1+e defend~ms, and tlwt wch
re~t- pro6b. ~ncane. .ssues ~nd revenues s!vll be ~ppl;ed by SuCh RtCOivN KcOftti~t9 t0 Ih! IiM Of puity of sa~d MORTCsAGEE and the pact;c~ of wct~
i
8. To duly. pranptly u~d fvlly perfwm, d'ixhugs. execute, e(ted, complere, comply w~~h and abide by each ~nd ewry the sl~pulations. agreemenn, ~
cond"nioro srd covenanrs in sa~d prom~ssory nor~ ~nd th~s matgige set fath.
9. That in th~ went the ownenhip of the mort9aqed prem;srs. or ~ny part thereof, becomes v~ested in s pe~son other thsn the MORTGAGOR, the
ea
N!ORTGAGEE, in wcceuas ~nd auigns, may, wi~hout notice to ~t~e MORTGAOR, deal with such wcceuw p svaessor ;n interest with re(crence ro thia
"'0'~9+9e ~ t~ ~~*~lr secured in ~he same manner as with Mortg~gor withow in any way vit~ating a d~uhargirg tl+e Matgagws' fiability hcre.
u.~da a upon the debt hereby secured_ No ssle of ~he premises hereby morfgaged a~ no fwbear~nce on the part of the MpR1GAGEE w ia successws ;
w auig~u u~d no extensan of the time fw the paymem of the debl hereby xcurcd give~ by the MORiGAGEE or iri successors a ~u:gns, shall operate
~o rtkue. dschuye, eadi(y tAarge or ~ffetr fhe originel liability of the MORiGAGC)R heatin, tither in wFwle cr in put. ~
i0. It is spetifically ag~eed thst time is of the csxnce of tha contract and thst no waiver of any oblegatioo hereueder or of the oblig~tion se- }
a:red hereby shall ~t iny tWne th~reaFter be held to be a waivd of the terms hcreof or of the instrument secured herby. ?
I1. In add;tio++ to fhe f«ego:~g monehty payments of print'pDl and interesr requi.ed by the proinissory note secured hereby, mortgagor covtn~nts ~
. and sgrees to pay ro mortgagee w;rh each mon~hly payment an add;rional sum csrimated b mort to be ~
Y ga9ee equal to 1/12 of the annual cost of the follow-
ing:
A-All real property taxes levied or essessed agair?st the abave descr~bed re+l estata -
B-P~emiums on ftre and windseorm i~wrance as herein requ:red to be csrried on the improvements situate a+ the above described pre.n;ses.
C-Premiums on such mwt9age gw?anty insw.arde as mort4agee afi~ll from t~me to time decm f~t ta cury o~ the loan secured hereby.
A1atg~gee shill from time to time notify mwtgagor in writing of the amouM due and payable hereunder srid such wm shtil thereupo~ be due +nd
payab!e o~ the due date of the next monthly payment aed each successive month thcreafter ur.~it mwtgsgee shafl notify mortgagor of a charge ir~ svcA
arno~nt. $uch sums aF~all be appl;ed by mortgagee toward the payment of real propMy ta:ea, insuranca prrm:ums, and mortgage gwranty insunnce
Prer~ums-
IN WI?NESS WHEREOf, the sstd MORTGAGOR fiaa hereunto ut his hand snr! seat tAe day and yeu Fi.st afwesaid.
--~<'=~gned, Sea~ and tt red in the pesence_of: .
~ c.-.~r o~,. il~ ~Y~• ..a r~
i3
~~n
---~.,~,o
STATE OF iLORIOA ~
~ a t. Luc i e u-
eefore me personally appeared lk ~ V i[+ k P 7~ R
•nd
- A n g $@ 7 1 V i r k F+r g his wife, to me well krawn and known to me to be
fh~ individwis described in and ,K1q executed ihe fwegoi~p instnwnent, and acknowledged befwe me that they executed the same for tha pwpo}es
M~e.ein eupres~ed. /1nd rhe s.:a_ n n 9 R e 1 tT i K P r 4
wife o4 the said M ~ i k I' R upon a aeparate and-privsr~
eaMOinat~on br me aken separate snd apart from ber said 6usband, s~r~w~e~~d ro and befwe me that she acecuted sa;d ;nsrrumsnt freely snd volura
~uily, and without aiqr compuls:on, constraint. apprehens~Qn•.or feu of or from her ssid husband.
WITNE55 my hard a~d official seal thi: l~
d'y °f- A. D. I91i~.,
Notary Pu in ~nd fos the State of Fiorida at L~r~e
My Com wion expirer
Rehxn To:
Rn1 federd Sivings 3 losn Asspciation - jl~. p~ F{OINri it ~it9!
of F°" o~`.`°. tiAr Coau~ssio~ Arg. 6• 191!
Fwt P~erce. Florids ' ; ~.e.a ~ eha~+.~a ~c tw
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p RECpRDEO ~ ~ ,
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FI~ED AN UNTY. F1.A• _ ~
5T. LUC~ ~7 ~FAIFIE~ ~ . . ~ ° -
RE~~ - . • : l ;
16i830 . 3g ~ ~ ~ -
'6Z NdV 2~ 0 ~ .f, 4 - _ - , ~
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it0~ c ac°vi~ covaT a°aox 169 448 _
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