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To plac~ ~od continuouily k~ep on the buildings now w Mrea(tN ~itwt~ on s~id land ~nd on all equipm~nt ~nd penonally covK~d by this mwt~ p~, with ~II prtmiu~ therwn p~~d in f~ll, fire insuranc~ in ths usual sandard policy fam, ~in ~ ium approved by tM MORTGAGEE, ~nd w1r?ditwm (nw~urct In tM uiwl tt~nda?d policy iam, in • sum ~pproved by tht AAORTGAGEE, i~ s~ch company o~ companies a/M MORTGAGEE m+y dinctj and all fin ~nd wi~storm insu~anc~ policiet on a~y of i~id build~nps, ~ny inte~e~t therein w p~rt t!?Keof, in ~M s~yre~•r~ ~um ~faessid a In ~xcea therwf, sh+ll ca+tain tM vswl sundard morrga9ee clause a such other cls~u ~s tM Matyage~ may requ~r~, makinp tM lou undN said poli~ cia, ~sch ~nd ~veryr, pay+bl• ro•aid MO°TGAGEE at its intereit may apptar, and each and every tuch policy ihall b~ promptly ass:yned and d~livered ~o ~ny held by said MORTGAGEE ~s ivnhe. secu~iry to i+id mw~~+ge dcbt, and, ~+ot leu than tea (101 d+YS in advanc~ of tM expi~ation of e+ch policy, ro dr liva to ~aid MORTGAGEE • renewsl thereof, togetl+K with a receipt fa the p+emium of i~ch re~ewal; and lhert shall b~ no fire or windt~am insu~anc~ plaad on ~ny of said buildinps, ~ny interat tMrein a psrt tMrwf, unleu io ~M fonn'and wi~h th~ losa psyable ss ~fo~esaid; +nd io the ~~ent ~ny sum of mon~y becomes pay~bl~ w~der such policy w policie~ said MORTGAGEE sh~ll !»w tM option ro receive e~d spply tM su~» on accouN o~ tM ind~pted~ nttf ~acur~d INKSby or fo petmit said MORTGAGORS to reteiv~ and us~ if p any part thereof for othct purposes, without thtreb~ waiving or ~mpair- inp u?y puiry, li~n a~ ri9ht w+da or by virtw of this mortyage; ~nd in tM eve~t said MORTGAGORS shall for ~ny twson fail to keep tM said premisea so iniured, a f~il b deliver promptly a~y of said policies of insvn:w to said MORTGAGEE, or fail promptly to pay fully ~ny p~emium therefor a ln ~ny r~sp~ct fsil to paform, dixharg~, execut~, ~fiect, complete, comply with and ~bide by th~s mvenant, o~ any put haeof, uid MORTGAG~E may plsc~ +nd pay fo~ wch insvrae?c~ or ~oy psn rhereof w~thout w~hinp o~ affedieg any option, li~n, eqvity, w rigM u~der w by virtw of this Mwt9sp~, +nd ~he full ~nwunt of each u+d every such payment sluil be immediately dw +nd p~y+bl~ ~nd sF?all be~r interesl f~om tM dat~ thereof umil paid ~1 th~ rat~ 01 nin~ per cenwm per a~num ~nd togethe~ wi~h sucA interest shall be secvred by the lien of this mortg~ye. , To {xvmit, commit or svffer ~+o ws:te, Gnpairme~t w det~riuatan of said p?operty w any p+rt thereof. S. To pay all and sinpvl~r the.costs, charpes ~nd expenxs, includinp a re~sonable attorney's fee and costs of abstracts of title, incvrred w p+id ~t any time by said MORTGAGEE, betauss a in the event of the failure on the part of the said MORTGAGOR to dvly, promptly ~nd fully perfpm, discMrgq execvte, ~ffect, oompkt~, comply w~th and abide by exh and every the sY~pulations, agreements, conditions, and covenann of said promissory no~s and thi~ mortgag~ +ny w either, and said cosb, chsrga and experres, each and every, sh~tl be immediately due snd payable; whether a not then be notice dr m~nd, +ttempt to collect or svit pending; u~d N+a fvll arnouM of each and wery such payment shall bear interest from the date thereof until paid ~t the rate of ~ine pe? centum per annum; ind all iaid costs, charges ~nd expenses inturted or p+id, together with such imerat, shal) b~ setured by 1M lisn of thu matpaps. . 6. Th~t ja) in the event of any breach of tFus Mortgaye w defsult on the part of the MORTGAGOR, a(b) in the event sny of a~d sums of money herein referred ro be not promptly and f~lly paid within thirty (30) days next after the same severally become dve ~r.d payabk, withbut dem~nd o~ notice, or (c~ i~ the ewM exh and ~very the itipvlations, sgreements; conditiau and coven~nts of ssid promiuwy note and this mortga~e any or either a~e no1 ~uly, promptly and f~lly perfamad, d~xharged, executed, effected, completed, complied with and abided by, then in eithCr w any svch ~vtnt th~ said a¢ pregata sum mentionad in ssid promiuory note thM remaining ~npaid, with interest acuued, and all moneys tecured he~eby, shall betome due and pay- able fo?thwilh, a thereafter, at the option of said MORTGAGEE, as fvlly and completely as ii all of ~he wid sums oi monsy were originally stipulated ro be paid on svch day, anything in said prom~ssory ~ote or in this Matgage to the contrary notwithstanding; snd thereupon or thereafter at tM option of said MORTGAGEE, without notice or demand, suil at law or in equity, therefwe w thereafter begun, may be prosecvted as if all mo~eys secured hereby had matured ptior to ib institution. 7. TMt in the event that ~t the beginning of or at any time pe~ding aoY svit ~pon this :Jbrtgage, w to forectose it, or to ~efwm it, or to enfaq payment of any claims he?eunder, said MORTGAGEE shall apply to the Court having jur7sd~ction thereof for the appantmenf of ~ Receiver, ivch Court shall fwtliwith appoint s receivcr of said mortgaged propc?ty all and singvla?, includ~ng all and singular the income, p~ofits, iuues and revcnues from whatever ~ wurte derrved, tach and every of which, il being expreuly understood, is hereby matger~rd as if ipecifically set fath ~nd dexribed in the granting and habendum clauses hcreof. and such Receiver shall have all the broad and efiedive funct~orts and powers in anywise entrusted by a Cou~t to a Receiver, and such appointment shall be made by such Court as sn r~mitted equity and a matter of absolute right to said MORTGAGEE, and without reference to fhe adequsty o~ inadeqwcy of the value of the propery mortgaged or to the whrency or insolventy of said MORTGAGOR w the defendants, and that such rentt, profin, income, iswes and revenues sha11 be applied by such Receive~ accwdiny to the lim or equity of aid MORiGAGEE and the practite of suth Cot?rf. 8. To dvly, p~omptly and fully perform, dixharge, execute, effect, complete, comply wifh and abide by eacl~ and every the stipulations, agreement~, condiYarn and covenants in said promisswy note and this mortgage set fath. 9. That in the evenf the ownership of the mortgsged premises, a any parf thereof, becomes vested in a person other than the MORTGAGOR, tha MpRTGAGEE, its successors and auigns, may, without notice to the MORTGAOR, deat with such successw or successor in interest with reference to thi~ mwtysge and the debt hereby secured in tht same manner as with Mortgago? without in any way vitiating or discharging the Mortgagors' liability here und~r w upon the debt F?e~eby secured. No ssk of the premises hereby mortgsgcd and no fabearance on the part d the MORTGAGEE or its successws w assigns and no extension of the time fa the payment of the debt hereby secured give~ by the MORTGAGEE or its successors or suigns, shall operate to release, discMrge, modify charge or affect the original liabil~ty of the MORiGAGOR herein, either in whok or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligation hereunder w of the obligation te- ca,rtd htreby shall at any time thereafte~ be held to be a waiver of the terms hereof or of tF?e instrumeM secured herby. 11. In add+tion to the focego:ng monthly payments of print:pDl and interest required by the prom~ssory note secured hereby, rtartgagor covenants and sgrees to pay to mortgagee with each monthly payment an add~rional sum estimated by mortgagee to be eqval to 1/)2 of the annual cost of the follow- 'ng: i A-All real property taxes levied o~ assessed against the above described real estate. E B-Premiums on fire and wi~dstwm insurance as herein requ;red to be carried on the improvements situate on the above described premixs. f C-Premiums on such mortgsge guaranty insurar,ce as mortgagee shall from time to time deem fit to carry on the ioan secvred hereby. ; j Mwtgsgee shall from time to timt notify mo?tgagor in writing of the amount due and payable hercunder and such sum shall therevpon be due and ~ payable on the due date of the next monthty payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such ~ amount. Such sums shalt be applied by mwtgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance ~ premivms. IN WITNE55 VYHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year ' st aforesaid. ~ _ Sipne Staled and 9livere i he presence of: ~ • f i ,n } ~ - = cs~•n , n~- ~ n ~ % ~ STATE OF RORIOA COUNTY OF St. I.LIC].e ~ Before me penonally appeared Howard F. Howe and Luc i l le M. Howe , h i s wi f e JameS R. Maley an_ d M~ r~aret M~ley~ h1S wife hu w~fe, to me well known and known to me to be the individwb described i~ snd who executed the foregoing instrument, and ackrwwledged before me that they executed the same for the purpose~ rn~.~~~.x~.~,xd. ,a,d r~ ~~ille M~ Howe, wife of the said H~ward F~ How~e, and ~..~.,w..,.;d Maraaret Pfalev, wife of the said J~mes R. Maley ,,~~,r~ ,,,d P,;~,t~ e:smination by me taken stp~rate and apa?1 from her said husband, atknowledged to and before me that she executed said instrument freely and volun- tarily and witho~t •ryr compulsion, constraint, apprehension, or fear of or from her aid husband. i WITNESS my Iwnd and official seal thi~ day of `j ly A. D. 19 68 = ~ ~ ~ ~n ;c~~.~ , f otary Public in end fw~he Stat9 o~Fl'gida Id. ~ My Commiuion expires: ~?;~(0[ - # ~ ` fi[tt Federal'~lRings 6a AssociaYon - ~'.QiEry pitD?it. C~ FiJ'i~ ~ ~~n " i ~ ~ - i.- 4 W'-~ ~ fort P~e ~ ._.y Ccmr:ission Ex~ires Sepl. 23, 14n7 ~ ~ Q ~L C ~ bn4~d :r A:snun F'u~ 8 Gs~+M Co. - ~ _ -J ~ ~ ~ _ ~ } lL' Fw~ ~ilrce, f+qr t_ ~ 0~-~ • a' V - ~ ~ ` ~ ~OlyW O= ....1•~~• ,.a`~' ~ V • • 1 ~ Z ~ c~t This instrument prepared by • a'~~ c, Fir Federal Sav. & Loan Assn. o~~- o Y of Fort Pi c@ . J"'!~"~ J By la. N ~ V . CO ~ R A.r•~~ r~ ' F- B~OK 1( NA~~ 692 . - - - - - ~.i~~ _ ~