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3. To plau u~d ca?timw~nN ke~p on th~ buildinys ~w~w a Mr~aha utwt~ on said Knd a8d on ~II eqvipm~nt and pKwnally cow~d b~? M1s nwrq~
p~ with all premiw~l tMr~on pa~d in h+ll. fin insur~nc~ in th~ vswl u+nda.d polky fom+ ~n • sw~n approwd by th~ MORTGAGEE. ~nd windponn
Gaurs~e in th~ usua) stu?dard policy fornn. in ~ sum ~pprov~d by tFw MORTGAGEE. in tucA canP+^Y a companits a tM MORTGAGEE may
dk~ctt ~nd all fin ud wind~torm inswana polici~s on ~nr of said build~ep~. ~ny intant tlw~in or p~n tM~wf, in tM ap~r~p+q swn ~forewid or
in ~xas~ ther~of, ~haU oa?tain tM usval sundard mat9a~ d+us~ a wd~ aha claus~ as tM Matq+pN m+p nq~iin. n++kinp tM las u~ ~aid polb
cIM, Mch and ~verY. Wrsbl~ a ~aid MORTGAGEE as in inrarest +n~y ~ppNr. uid sach a~d .very tuch poHcy shail b~ P~a^Mb ~ss:q+wd s~+d deliwr~d to
aqr MW by s+id MOIttGAGEE as fwthu s~cu~ity ro s~id nror~pa~ d~bt. and. no~ la~ than ten (101 d~ys tn ~dvanc~ of th~ ~xpb~tion of ~ad+ pol~cy. w d?
liva ro wW MORTCs~1GEE s ~~eewal tMrwf, top~thK with • najpt fa tM pnedwn of tvch nnew~ij and tMr~ sMlt be no fin w windsrorn? in~wMa
plaad on any of s~W buildinps, aMr intae~f the~u+ a p~rt ther~eof. unless M tht ioren'and with tM loss paysble as aforts~idr +~+d t~ tht ~wnt aMr sun+
~f ~we~r b~o~ p~y~pb undN sueh polky p pol;eiq saW MORTGAGEE shall hrw th~ optan to ne~iw ~nd apply tM s~ene a+ ~eeaml oY tM ind~bt~d '
~aa sKVr.d I~u~py p fb p~rmif said MORTGAGORS ro receiv~ and u~e it a a~y part the~eof fo~ othcr purposes, witlw~t thaeb~ waivinp a impair- ~
~a
Mq anY quity. liu~ or riqht ue~ a bp virtw of thk mortp+p~s +~d in tM ~wnt taid 1NORTGAGORS sMll fa any rtsson fail to keep tFN s+id pr~mises w
u
inwr.d, o. f~tl eo d•Iiwr pramp~ly ~ny of sakl polK~es of insunncs ro ~+td MORTGIIGEE, or isil promptly to paY fulh a~y pr~mium thK~fa a in anr ;
rqp~ct fail b pNfonn, daclwyt. ~z~wt~. ~fhct. comPl~te. aomplY with ~nd abid~ by this mvenan~, a ~ny part hereof, aid MORTGAGEE may pl~n and ~
WY fw wd~ ins~x~nct a ~ny pnt tl+arwf witf~out w~hrirg or aff~dinp +iW cP?lon, Ikn. ~V~?ib. a riph~ und~r or by virtw of this Matpap~, and tM
full amover of .sch .nd rre~? wch P+rn~nt sM11 b. im~n.diat.y dw and pay~W. +nd sh~11 beu inter.st hom tM dab th.rsof w+~i1 paid M ~h. ~•n o!
n;n~ p~r centwn pK annwn and to~ether with sucA intK~st shsll be secwed by tM lisn of thb ~+~e.
4. To pKmit. oomndt or wffa no wast~. Iropa'ument a dNerioratan of said prop~rty a ~ny parf tha+wf.
S. To p~y all and sirpul~r th~.ooata, chsrQea ind ~xp~ns~s, includirg • reasa++bk ~nomey
s fe~ and aosts of sbstwcri of titls. incvned w p+id at
sny tim~ by said 1NORTGAGEE, becaua~ or in the ewnt of th~ failvre on the part of th~ uid MORTGAGOR a duly, promptly and ivlly perfomn, d~schary~
~xeM~. ~ffsct. oa^Pkt~. ~omPh with and ~bid~ by ~ad~ and every th~ si~pulations syreen+ents. oonditiaa. and ooweants of said promisw?y rate u~d thb
mortya~ any w~itFw~, a~d s+id cos», cM~yes and ~xpeires. each and wary. shsll be inrnedi~tety dw ~nd pay+btr, whetM? a not tM« b~ notia d~
,rwnd, att~Mpt to oollect a wit p~ncfinpt ~nd tM f~ll xno~nt of s~cl+ ud every wd~ p+Yen~^t sMll besr i~tercst from the date thereof umil p~id at the
raM of nint per esntum per a+r~umt aed all. a~id obsts, cMrges and expv?~s ipcwred or p~id. topHMr with wch int~r~st, ~fwll b~ a~twed by tM IiM of Ma
~
That ja) in th~ ~wnt of any breach of tl+is Mortyapt or default on tM pan of tM AhORTGAGOR, or (b) in ths ~wM +ny of ~+id sums of maiey
har~in nfKr~d w b~ oot promptly u~d fully paid within tbirty (30) days next after tt~e same severally becom~ dw and pay+ble. without demand or notice. j
a W in tM ~wnt esch and ewry tt+e stipvlations, ~ea~nenb. cond~rions .nd covense» of s.~ promis•wy no~e snd ~1r's ma~p.~. ar~y a.i~h.r an na
~u1y. promptly ~rd fvtly perfwm~d, d~sclu~ped, execvted. effbcted, completed, compliec! wi~h and abided ~iy. ~hen in either or snr such ~wnt tlw said ap~
prg~t~ wm ener?tan~d in said promissory note tF~en remaininp v~aid, with imar~st atuued, and all moneys sacwed herebr, sMll betne?~ dw and pay~
~ forffiwitl~, a tMre~fter, ~f th~ option of s+id MORTGAGEE, u fuly a~d complet~ty ss Ff ~II of the s~id surns of money wero orginally atipulated
ro b~ paid oe~ such day. anythirg in s+id promiuay note w ln fhis Mo?tyage ro the contwry notwifhstu~dinp: snd thereupon o? thereafter ~t tM option of
wid MORTGAGEE, witl+out notice or dem~nd, wit at Iswr or in pvity, thcrefore or thsreafter begvn, may be prosecutod u if all moneys s~cwd hsreby
had matW~d priot to itt kWit~tion.
7. That in tM weit thst ~t the beginning of or st ~ny time pendirg aoy s~it ~pon this Mwtgage, a to fweclose it, a to mform it, a to enfwp
payrne~N of any daims he?eunde?, said MORTGAGEE shall apply ro the Coun having jurisd~dlo~ thereof for the sppantment of a Receiver, such Couit shall
fatliwith appoint a~eceiver of said mortyaged property all and sirgulu, includ~rg all and singulu the income, profits, iswes and nvenues from whatever
~rag derived, each and every of which, it beiny expressly understood, is hereby mwtgaged ss if spec~fically set forth and desvibed in the srsminp snd
Mb~ndwn d~uses hsreof, snd such Reoeiver shall Fwve aU tl+e bro+d ~nd effecrive funcr~orn and powen in aoywise entrusted by a Cowt to a Receiver, and
axh appointment shall be made by wch Court u an admitted equity snd a matta of absotute right to s~id MORTGAGEE, u~d without refcrencs to tFa
adequ+cy a inadeqvacy of the vslus of the praperry mort9~yed or to the wwency or insolvency of said MORTGAGOR or the defendants, and that wch
r~nts, profits, incane, iuues and rwenws shall be applied by wd+ Receiver accord~ny 1o the lien or equity of said MORTGAGEE ard tM practioe of svch
Cowt.
& To duly, pomptly snd fvlly p~rform, d'ncharpe, execute, effect, compkte, oomply with snd abide by each and every the stipufatiaa, ayreements,
conditaro and coveMnn in said promiswry note and this mortgsye set fath.
9. ?hat in tM event M~e ownership of the mortgsyed premises, or any part thereof, becomes vested in a penon other thsn the MORTGAGOR, the
MORT6AGEE. Hs succes~ors and augns, rnsy, withow notice to the MORTGAOR, deal with such wccessor or successor in interest with refcrence to thp
- mort~~ u~d tM debt hereby secured in the same manner ss with Mwtgagor withoW in ~ny way vitiatieg ot discMrping the Matgagors' lisbiliry her?
~nder or upa~ the debt heteby secvred. No ssle of the premises hereby mortgaged and no fwbesrante on the parl of the MORTGAGEE w ib t~coesson
w assigro and no extension of the time fw the payment of the debt hereby secured 9ive~? by the MORTGAGEE or its sucussors or sssip% shall operat~
M nlsate, diuhary~ modify chsny~ or ~ffect the original Iisb+Gty of the MORTGAGOR herein, either in wFwl~ w in pat.
10. It h specifiully ~greed that tane is of the esxnce of this contract and that no ~raiver of any obligaYae here~ndrr w of tM oblip+tion st
c~nd Fw~eby sMlt ~t ~ny time thereafiar be held ro be ~ waiver of the te?ms he~eof a of the instrument secured herby.
11, tn additioe? fo the forego:ng monthly payments of princ'p~l and iMerest required by the pran'~ssory note secured hereby, mwtgsgw covenanri
•nd sgre~s to psy to mortg~yee with each monthly payment an additionsl swn estimated by mortgagee ro be equal to 1/12 of the annual cost of the follow-
A-All re~i property hxei kvied w assessed against the'sbove dewibed resl estate. ~ • ~
d-Premiums on fire and winclstwm insurertce as F~erei~ requ'aed to be urried on the improvemenb utwte on the above described premises. ~
~ C-Premiuma an s4ch'morrgage Quaranty inwrarice as mortgaget slwll irom Nme fo time deem fit to carry on tbe losn secured hereby. ~
~ Morlgapee shatl from time to time notify mwtgsgw in writing of the amount due and paysble hereunder and tuch wm shall thereupon be due end {
~ paysbl~ on the due date of the next monthly psymem and each succeuive momh thereafter urtil mortgagee shall notify rnortgagw of a change in s~ch
arnount, S~ch wms ahall be applied by rtwrtgsyee toward the payment of real property taxes, insurance prcmtwns, and mortgaye ~uaraory inwrsnce i
P?emivee~s• i
N W1TNE55, W~EOF,_ tM said MORTCaAGOR has hereunto set his hand and seal the day sad yeu first ~aforssaid.
Sipn sal an d ed in 1he pressnce of: .
'~,1~~~ u/ (Se~~ t
.
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~ (5uq
STATE OF FLORIDA ~ ~
St . LtiC ~f ~
COUNIY OF
~ ~,p,~~~y ,~.,,,.d .J~ssie w~ishinyton
B~rtha I.ft t~sshinqton his wife, to me well known ~nd known w ms to b~
tl» Indvldwb dew~ed in and who ueait~d tM fwe9oirg instruma+t, and acknowled~ed befon me tMt they executed tM ~sme iw the p~rposes
~ ,,;d B~stha I.~e ~sbiu9ton
,t ,t,~ J~ssi• Wl~shinqton , „p,,, , .~d ~,w
~umin~tion by n» aku~ t~paate and ~part from her said Fwsbs~+d, ~du~ovvledped a and befwe r~t that sM ex~cut~d said instrument h~tly ard volwr
arily and witl+out a~y compvlsion. cor?straint. ~pprehension,~°~ ftar of w f~om he~ said Fwsband.
wITNE55 my h~nd ud official stal rhi~ ~SiQ~ d~y of u •t A. D. 19 ~ .
_ ary PuWic in ~nd fw th~ StaN of Flwida ~t larp~
• IM~r Comm~ssion eup'vq:
R~twn Ta ~
wa F.aK.~ s.r~ a~, N.«Nt~a, - ~ Not~ry Pobic. Stde ol F1e~ ~t [uoe q..,3~9
or r~ v;~.n. . ' tiAy C,owwisi~~R~~~0i7.~~GOR0E0
Fon Pierce. Flaida - 'i~~ M~N~ b~~~'~~~~ eo r~T
- • - - - U Y. FLA.
. _ G ~ ~~1 n ~ r ~ ~ i
~ ~ - - - : ~ 169666 ~
~ e~er~~~se,r. A~ ~ ~ = ~ '68 AUG 1 ~ AM 10 : 03 ~
Jl~n, ,
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• - . _ ~ ~U+'t~.:.S
, . ~ CLERK CIRCUIT COURT
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