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vakY or polici~s ~aW MORTGAGEE sh~ll h~w tM cPtlo~+ to nalw andapp~y ee» sam~ on aooount ot th~ Ind~bt~+~ s~ax~d hsrrbv a r•
pemnit said MORTG~AOORS to naiw sod u~ 1t o? any part tFwrof fa otF~ p without Nrnb1? w~ivie~ a ~mpN~ir~ s~+Y ~h.
It~n o? ri~F+t ur~ or ly vl~ of tNs Mortpa: and in th~ ww~t s~id MORTGJ~~S ~II fo? any rwson fall to kMp tM aid pnn+isa
so 1e~ued. or hll M d~11wr pranp~t~r ~r of saW polid~ of in~u~no~ to s~id MORT;/~, a hi) promptly b pay tullya~ry pran~h~m tha~fa.
or I~ u~y ~sp~tt hil to PKfom+. ~sd~r~. ~oaa~. ~fhct. aompbt~. eomplr with and~ aWd~ b~? N~is oovw+int. or sn1? P~t Mnof. s~id MORT
G/1GEE e~? Pl~c~ and pay for wcl+ in~ana aa~y p~rt tlwno# without waivh+~ or a cpt bn. Ua+. puiN. or ~I~1+R ur~ or b~t
virtu~ of thb ti~~. and tM ~ull smount of Mch an_d~w~~ ~~uch P+Ynwr?t sh~ll b~ Nn~ate du~ snd pnrsbl~ ad shdl bW~ ietKest
from tM d~t~ unNl p~id at th~ nb of ~and s~7tiF~ Per t~rtt p~r ~rrwn+ and topthK wfth wd+ int~t shsll D~ s~cw~d by th~ .
~ ~ ~aa. seven one-quarter _
4. To pKmit. aomn~it or wfE~. no wasb. impaim»nt or d~t~riontion of s~td propKty or arry part t1+~rpf.
5. It b henl~r specificall~ sirod Mur soy sum or wms which may bs loansd vr advancsd b~r tiw Mat~a~e to tiw Mo.t~a~or at any
tir~ sfter ths noo~ of thts u~d~nturo. to~th~ with i~tarost tMrwn at th~ rat~ s~Md upon at th~ ttn» of wd+ bu+ a advsr?c~. aF+all be
eqwly secund with and haw tM sune phority as the ori~t i~~d~btedrNSS. snd bs subj~et to all tM tsnns and p~+o~visions of this mort~s~:
Provid.d. th~t th~ a~ro~t~ amount of princtpal outstsndin~ ~t any time shall r~ot uooeed an anav?t eqwl to a+t t?u~ad and fihy per cM+t
(15096) of tM principsl srnount ori~inaily sscvrsd hereby.
6. To p~s~r all ~nd stn~ulu the coats, cha~ges snd exp~nses. Mckdi~ a resson~bls stto~n~y's he and oosts of abstract of Htb in-
curred or psid st HnM by ssW MORTCAGEE becaus~ or in th~ event of the fsilwe on th~ put of ths satd MORTGAtiOR to duly. pranpthr
and fu~N a.rform.~scMy?g~. s~aa+t~. eff.cr. complet~. aomvh? wnh snd sbtd. by ssd~ and ewry th~ stipulatia~s. airwnwnts. Ca+~tions
and oov~nts of s~M p~ornissory no~ snd this mo~ti~t~ +~Y o? aith~r. a~d ssid ooals, thtRes snd e~ra~s. wch and w~rri shall M
irrurndiahy dus snd psysbk; whethar or not S:..'ro b~ notio~. dKnsnd. stt~mpt to l~N~~~ fuil smount of esth and
every wd~ psymsnt shall bss~ interost from ths date ther~of unNl paid st tM ate ~ 4~xn PK anwxo: s~d ~II ssid
costs. tt+~rges and axpenses w incuned or psid. to~ether with wch i~te?est. shsll be searod by t Ikn of tNs mort~a~.
7. Thst W tn ths evant of u~y bresch of thk Mort~ap or d~fauk on the paK of tM MORTGAOOR. or (b) M th~ rwnt sny of sald
wms of ma~ey hereio roferrod to b~ not promptly and fully pa{d within.thi~ty t30) days next after ths s~me sewaly bsooms dus snd psysbb.
without demand o? notioe, or lcJ in the avent ea~h snd avery tM stiDulstions„ s~rnants. ta~ditiar?s snd oovensnts of said p~ornissory r?ot~
and ttds mort~sge any or either am not dub~ v~+~h snd fulN wrfonned. ~schsrged. executed~ effected. oompkhdoomp1ted Mrtth and
abided by, in NtF~ or uiy wch event. ths ssid aggnQats wm me~tia~ed tn ssid promissory nots tl~a? remsinl~ ~apsid, with interest
accrued. snd all asaxed heKby, shsll betams dus and ptysble forthwith. or thereaft~, st the optio~ of ssid MORTWIGEE. as fulty
and compktsy as if a f of the ssid wms of money wero originally stipulat~d to be paid on wch day. anythir~ in ssid pranissory nots or in
this Mortga~e to the oontnry not witt?standir~; srd therei~on or M~ereaker at ths option of sald MORTGAGEE. without notloe or denw~d.
suit at law or in equity. may be proaewted ss if sll monies securod hareby hd maturod prior to its institufton.
8. That In the evont that st the be~inninQ of or st a~ry time pending sny s~t upon this MortQa~e. or to ~onc~ose it, or to rof«n+
it, or to enfotte psy~rier~t ofsny claims lteisu~der. siW MORTGI1it;EE shall apply to the Court havin~ juris~lor~ tttsreof for ths sppoi~tmix?t
of a Reoeiver, such Court shall forthwith appoint a Receivar. of ssW nart~ated property sll and sir?gular. includins sil srd singular the
irxoms. ProHts, iswes and revmues from whatever aource derived. e~tth snd every of whith~ it bein[ ~~Y ~~~'Y
gaged ss if tp~tifially s~t-fo~th and dauibed in the granting and habendum cbuses heroof. snd wch Reteiver shal) hsw all ths brwd ud
effective functio~s and P~s in snywise enmisted by a Court to s Recelv~er. and wd~ ~ppoiotment shsll be m~d~ by wd~ Court ~s an
admitted equity s~d a mamr of absolute right to said MORTG/1GEE. and without reference w the adeqwcy or insdsqus~.y of ths vafue of the
ar,~~rever+uos s~t~gl
l
applied ~
Receiver
s~icKd'ing MORTG~~uGOR ~ ssid MORTG~/?GEE and pncNca of
~~Court. ~
9. To du~Y P?~+PNY ~d ful~Y P~~, e~. ~e ~P~Y with and abide by each and avery the stipu-
lations. agrcements. tor~ditio~s and tover~snts in saW pomissory note and in t1~is mort~sQe set iorth
10. That in the eve~t the ownership of the mort~aged premises. or any part thereof. beoomes vested in a p~rson other tbn the
MORTGIIGOR, the MORTG/1GEE. its wooessors and anigns, may. without notice to the MORTG/1GOR. deal with wd~ suaessor or wocessors
in interest with referonoe to this mortgage snd the debt heroby secured in the ssme msnner u with Matgagor wlthout in smr way vitiating
or dlschtrgir~ the Mortesaor's Ilability hsnunder or t~or~ the debt hereby secured. No sab of the prcmises hereby mortgaged ard no fore-
bearanoe on the part of the MORTGAGEE or its suooessors or assi~pns snd no extension of the Nme for the payment of the debt heroby sxured
given by tfis MORTCIICEE or its wooessors or sssigns, shall operate to release. disthsrge. ~nodifY. chsnge w effeCt the origlnal liability of
the MORTG/1GOR he?ain~ either in whok or In parL ,
11. It is ~psdiialh? +6rosd thai tims is of the essenos of tha oontrset and that no walver or sny obtigatio~ harounder or of th~
obiigation sewred hereby shali st any Hme tFterosfte~ bs heW to be s walver of the temns hereof or of the instrtx~nt seourod F~sreby.
IN WITNESS WHEREOF. ths said MORTGAGOR has hereunto s~t his hand and sssl the day snd year first aforesaid.
Sip~sd, Se~sled and delivarsd in pr+esenos of:
, i l.V a~.r~~G.t Q~ -
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cou?~r~r oF_Fairfalc j ~
CLA UDE A. CLE FTON
eefore ea., wrsa+.~h +aPa~d - ~
~ CLEFTON to n~. wel~ known. snd known w n~. ro be tl,e indwid~,.ls daute.e
and MrFw ~~1~t~ " instrtsnent. and sdcnorvled~ed before en~ that tlxy exxuted the ssme for the qupos~s tMrein expnsad. !
.,~IT{!1E3~ 3+~i ~Spd .+Q~I~ aHi~l.~al t1~ ? ~dsy of Se~ember /1. D. 1 ~8 ~
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_ : - p ry Publk in and for th~ Sht~ of Florid~ at Lsrp./
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..'~~,~C$~ `~~CI.Al~~C' + 111Ib1T~~TOPTl1~ ~~Y~`Q/lt~ ~O /76~
' . - • . . PYt~UANT TO CNIt!
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A , R'OCsER PQ~s~ C~1~ ACTSOE 1l~tl~ . 1~
~i AQlflf ~ C(~R'n$ M.
w ~~~r T~ ST LUCAND RECORDED ~ ~
E COU(VTY, F~A. O
W FiF_CORh VERIFIED Q
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w ° 68 OCt 1 PM t: 8
TM !~Z ~ _ 1'?'1063 ~ oa
v N _ C'~ p~ ~ ROGER P41~RA3
~,M Q z ~ CLERK CIRCU.t.j ~COURT' ~ ~ ~
V * ~ Z~ A f ~ H..~? ~
E"'~ _ < ' W ~ ~`i"~ii'~ ~F rLut=~c~~_;!
~ = Z DOCUMENTA~: SiAMP T:;
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V ~ N V ~OMPTROLLER "
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