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To plan a~d continuou~ly kNp on IM buildinps now a MreaftK ~itwt~ on said lu+d and on ~II pvipmtnt ~nd p~r~or?a~N townd M? MU n~ort~' ,
sp~, with all psmiwrA thKea~ paid in fv14 fin insu~anc~ in tM usual uandud policy fwm, ~n ~ s~m ~pprowd by tM MORTGAGEE, and wind~torm ~
inwrx~u in tM vswl ~tandud poliry fam, tn ~ sum approved by tM MORTGAGEE, in wcA con+P+^Y a ca^W^+K 1M MORTGAGEE may
di~Mt +~d all tir~ u~d windstorm inwr~nc~ policiss on u?y of s~id buildinp~„ ~~y int~~qt ther~in w puf thereof, in i!w apprpah wm aforsuid a
In ~xcea th~rwf, tMll contain tt+~ wwl s~uidud matyayN cl~us~ w such otha clavs~ ~s tM Matp+~ en~y rpuv~. maWq tM los~ undN said pol}
ci~s, t+ch and w~ry. WY+bI~ b said MORTGAGEE as iri Interest may appaa~. and ercA +nd ~vNY wch Policy sMll b~ pranptly ~s:yned ~nd delivered ro
•ny MW by uW MORTGAGEE a fvrthM s~evrity to aid mwt~ap~ dsbt, and. rwt I~ss thae tM (101 d+ri ie ~dvasKe af ~M ~ap'uatioe~ of Nth poliey. to dr
i~v~r ~o wid MORTGAGEE a r~eewal therwf, toqetFw~ with • notipt fw tAe pr~mi~nn of such renewalj +nd tMr~ ihall b~ no f'u~ a windstam iawrana
pl~qd on ~y of said buildirg~. ~ny intersst tM~~in a p+.t tFw~~of, unka in th~ fo.n~ and wifh tM bss par+bt~ u afons~ids +r+d 'u+ ?M ~wn~ +ny sum
a
of nan~y becaeNS paYabl~ w~d~r urch Policy e' po~'c'n ~"d MORTGAGEE shall Mw tM option ro ~eceiw and apply tM sa~ a? aaa+ot tM ind~bted~
neu sscyr~d 1~~by p lo petmit said MORTGAGORS Io rKeiv~ ~nd us~ H p•ny part thereof fa other purposes. wilhoul IF~ereb~ w~ivi~g o~ impau-
inp anr puity. INn or riph~ unde. or by virrw of ~ha mors~per ~d in ~M .vent s+d !?~c~t~GAGORS shall fw •~y reason f•il ro keep rM ssid pr.mises so
insured, or fail b d~livK promptly ~ny of said policies of iniunnn w said MORTGAGEE, or fail promptiy ro p~y fully ~oy premivm ther~for o~ in ~ny
rosp~ct f~il b pe?focm, dischar~e. ~xecut~. ~ff~ct. compl~t~. compN wirh u+d ~bid~ bY this cov~nanf, o. ~ny part Fwreof. ssid MORTGAGEE may pl~ce and
paY for such Im~rar~a or ~ny p~n tFweof withovt w~lvinp a ~ff~ctinp any option, lien, p~ity. a riyht undM or by virtw of this Mort~. and tM
full amoemt of ~ath and w~ry suth WYTnani snsi~ uc ^a'-='°ly dw ~nd Pryabl~ ~r?d sh~ll bsar interest from tM dat~ thenof vntil paid M tM ~ab ol
nin~ pN csnhrm pa ~nnum ~nd togethe~ with sucA interest shall be secur~d by tM li~n of d?i~ mort9+p~-
1. To p~rmit, oomnJt or suffer no wut~. imp+irmeot ar deteriowtion of s~id prop~.ty or ~ny p+rt thereof.
S. To pay all and strgul~r tM ~costs. cl~uyes +nd expense:, intludin~ • rNfOMblO itt0~nly ~ fes s~+d oosts of ~bsnacts of title, iixuned w paid at
•ny time by s+id MORTGAGEE, b~caus! w in the ev~nl of the f~ilure on the part of tM wid MORTGAGOR to duly, promptly and fully paform, diicharg~, ?
exeevt~. ~ffect. complet~, oomply with u+d abide by esch +ed ~verY the stipul~tans. ~greemenn, ca+ditions, and coveesnn of said pra+?issory note and this
mortyap~ ~ny or eitha. and wid costs, ch+r~s ~nd expen~es, tach and ~very. ah~ll bt imrMdiately dw and psyabla; whethar a not tha~ b~ notice d~
mand, atttmpt to collect Or wit pend~np: .nd tM full xnount of each •nd every sud+ p~ymen~ shall bea. interest from tM dau th~reof until p~id at the
rate of nine per centum per uuwm; sra3 ss:~ cbs!t, ctiarg~s and expenses incurred w paid, topetl~ with such i++ttrest, ~ha~l b~ s~tured by tM lien of thi~
mortp+p~•
Q i}bt in th~ went of any brtach of this Mortysp~ w default on the paA of the AIIORTGAGOR, w(b) in the ~vent ~ny of u~d swns of money
hereie r~f~rnd to be nm promptly and fully paid within thirty (30) days ~ex~ afie? the same seva+lty becoms dve and ~aysbk. witAovt dem~nd w notice.
or (c) in tht ewqt each a~d ~wry the stip~latio~s, sgreements. condttions +e+d covens^rs of s+~d promiuory nore a~d tFas mwtgspe any or ~+~her are no1
~uly, promptly and fully pKfwmed, d~xharped. executed. effec~ed, completed, compl~ed wnh and ab~ded 4y, theo in a~her o~ u~y such ~wM tM s~id p~
presat~ wm mentioned in s+id promiuwy note then remsininp ~npaid, with inte?est acuued. ~nd all money: secu~ed hereby. sh+ll become dw and pay~
•ble iwthwith, w thereaftar, ~t the optia? of sa'~d MORiGAGEE, u fulty and completely ss if ~II of the wid wms of mo~ey vrere ori9inally aripulated
to be paid on tuch day, anything in sa+d promiuory note or in this Matgs~e to the contrary notwitMtandiog; er.~± !!r?eupon or thereafter at the option of
~a~d NtORTGAGEE, without notice a demand, suit ~t law w in equity, therefore or thereafter beg~n, may be prosecuted as if all moneys sacwed hereby
hnd rrwtured pnw to ib institution.
7, That iri th~ event th~t at the beginning of u at sny time pe~ng aoy wit upon this Matg~ge, w to fweclose it, w to refwm it, a to enforce
payme~t of ~ny clsims hereunder, said MORTGAGEE shall apply to the Court having jurisdittion thereot fw the appantment of ~ Receiver, suth Cou`t sMII
iortFiwith sppoiM a:eceive~ of said mortgsged propcAy all a~d singular, includ~ng all and singular tht income, profits, iuues ar+d revenues from whateve~
wurce derived, eath and avery of which, it btinp exptessly understood, is hereby mwtgagtd u if specifitally set fath snd dewibed in ?he yranting and
habsndum clavset hereof, and suth Receiver shalf hsve atl the broad and effective funttions and powers in anywise e+~trusted by s Court to a Reteiver, and
fuch appointment shall be made by wch Court u sn admitted equity ~nd s matter of absolute right to said MORTGAGEE, ~nd without refcrente to the
edeqvaty w insdeqwty oi the value of the pioperry mwtgsged or to the soivency w inwlvency of said MORiGAGOR a the defendants, and that such
renrs, profin, income, iuucs and revenues shall be applied by such Receiver accwdi~y to the lien or equity of sa~d MORTGAGEE and the prxtice of such ;
i
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8. To duly, promptly and futly perform, d'uchsrge, execute, effect, conplcte, comply with srwl abide by esd? and every ti+e stipulations, agreementt, ~
condifions u?d cove~ants in said promissory nota a~d Ihis mortgage set forth.
9. That in Pne event the ownership of the mortg~yed premises. or aMr part thereof, becomes vested in a penon other thso the MORTGAGOR, ths
MORTGAGEE, its sucuuas +nd assigns, may, wi?hout notice to the MORTGAOR, desi wi~h such successor w successor in interest with refcrence to thia ;
morlga~e ~nd the debt hereby secwed in the same manner as with Mwtgsgw without in sny way vitiating or dixharging fhe Matgagors' liabiliry here.
under or ~pon the debt hereby xcu.ed. No sale of the premises hereby mwtyaged and no fwbearance on the part of the /NORTGAGEE w its succesiors
or ~uig~n snd no extension of the time fo~ the payment of the t~ebt hereby set~red given by the MORTGAGEE w itt successors w usi9ns, sh~ll operate
ro releas~, dixharye, modify change w affect tF+e wiginal liability of the MORTGAGOR herein, either in whole or in put.
10. It is spec~fically agreed that time is of the euence of this contr~ct and that no wsiver of any obligation hereurde~ or of the obligation sr
a,red hereby shall at any time thtrtaher be held fo be a waiver of the terms Fxreof w of the instrument setured herby.
-'T1: Ju-Dddition to the fwego:ng monthly psyments of princ"pDl and inte~est required by the promiswry note secured hereby, mortgagor cov
and agrees to pay te_~?ortgagee with each moMhly payment an add~eional sum eatimsied by mwtgagee to be equal to 1/12 of the annu follow-
ing: -
A-A~I real property taxs kvied or a ainst the above desaibed ~eal estate. - ~
B-Premiums on fire and windstwm insurance as here~ to be carr' improvements situate on the above described premises.
C-P~emiums on s~th mortgage gu~ranty insurarKe as s to time deem fit to urry on the loa~ secured hereby.
Mwtgsgee shall f~om time to time noti agw ~n writing of the amount due and paya nd such wm shall thercupon be dve and
'i payable on the due date of thc t Iy paymem and each successive month thereafter ur,til mortgagee shall rah y cha e in such ~
i amount_ Such sum applied by mwtgaflee toward the pay~nent of real property tsxes, inse~ance prem:ums, snd mortgage guaranty insur
I D(S ~
; IN WITNESS WHEREOf, tF~e ssid MORTGAGOR h~s hereunto set his hand and sesl the day and year fint aforesaid.
~ ned, S~a and deliv in the presence of: ~
~ ~ ~
e ' ~
K--n
STATE OF fLORIDA 1
COUNTY Of $t . LuCi@ i S5.
eefo.. rn. pKSO~.t~r,pp.~.ed Shelton C. Green
B@atl1C@ L. Green his wife, to me well known snd known to me to b~
rhe i~ridu~b d~scrib~d in and who ~xecuted th~ fae9oirg instrument, and adcnowled9ed befwe me that they ~xecuted th~ s+me fw t!w pwpwes
rheroin .xpr.sMd. /1nd tl,. sa~a Beatrice L. Green
w;i~ ~ ~ Shelton C. Green ~ , ,~,d P,;~„~
e:am~natan by me bke~ ~epa.at~ and apart from hcr said husb~~. ~dcnowledped to ~nd befwe m~ tF~st she executed said irotrument fre~ly and volun-
!srily ~nd withovt ~ror compultion, cwntrsi~t, apprehe~a
~or fe~r of w from Mr said husband.
~ WITNESS m~ h+~d •nd offk~al seal rh~¦ ~ 3 day of .Tul ~ p. 19 68
~s
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~ Notary Publi ~nd (or the StaN of fbrida ~t luq~
~ N?y eomn+ .:pi.es: ~~,y - G, / 97/ _
~ Retum Ta. ,
~ Fint F.d..ai s..~~. a io,~ w,~«~.r~ Notary P~I'K. SUte ot flaida ~t tarpt ;
~ . 1~AY Coremission ~E.pira Auq. 6, 1911 ~
OF fo.~ P~e~c.. ;~::~:er„~.~~ ~o.ueb~•«~c..rwae.~+wG?
far p~erca Fbrid• • ~ ' 'i, S • ;
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~
' ~ _ - ~IlEO aND RECORDED
= : ~ . -
~ ' ' ST. LU~~F
This instrument prepared by . t ~ _ rn:-,
G~UNTY, FLa.
First deral Sar. & loan Assn. ~ ~ ~ ~~v = ~ ~
or Fo~t Pi , - - ~c ~ - ,sg -1 ~87'62
%Jd•. • ...•••:c ~
_ ~ ~ ~U~ is ~ ? • ze
• '~r .
. . ~~d~li~-IJ'
~ 0 R CI.ERK CtRCUIT~ l; !
~OGK ~7z PACE21~ . } 1 . ' . ~
t
~ { COJRT t N
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