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3. To plsc~ and conHnvously ke~p oe tM buildir?y~ naw a h~r~aht~ situat~ oe qid land and on a!} equipnent ~nd pNaonaliy coMatd by thia mwt~
~pe, witb all pr~miums lhereon paid in full, fin inswu?c~ in tF~ vswl itanda~d policy form, in s wm ~pproved by tM MORTGAGEE, and windstorm
irowane~ in t!a uswl seu+dard policy forin, in • sum +pproved by tM MORTGAGEE, in wch company or eomp~ni~s as th~ MORiGAGEE may
dtr~Nt u+d a11 tin s~d win~krorm irqwar~u pdki~s on any of said build~„ ~ey to~e~~st thaein or p~N thersof. in tM ayg~epat~ wm ~forts~W or
tn acc~ss thenof, sh~il contain tne uswl slandard mort~spN davs~ or such othK clws~ as tM Nlortpa9N may reqvir~. makinp th~ loss v~ ssid potF
ciet. ~ch ~~d ev~ryr. paYabk to s+id MORTGAGEE ~s i» i~tereat maY ~pp~a~. and each and ~w+y a~ch polity shall b~ promptly ass:yned and dtliveted to
~ny hild by said MORTGAGEE a further un?rity to ssid mwtya~ dsbt, snd, nW lets tMn teo (10) days in advance of the expir~Ywn of each poiky, to dr
IivK 1o said MORTGAGEE a renewal ihereof, topether with a nteipt fa tM pr~mium of suth renewai; and fhert thail be oo fire w winduorm Inswanc~
pl~pd an any of said building~. any interes? theroie~ or p~rt thereof, unkas io ~M fwm and wi~h th~ loss p~yabk as afwesaid; ~nd in tM ~wnt any swn
of mo~~y becor?NS p~yable vndet such policy or policies said MORTGAGEE th+ll haw the option fo raceive a.^.d ~pply the same on accoum of ths ind~bted-
ness secu~ed her~by w to permif said AiWRTG/IGORS ro~eative snd ut~ if ar any parf tMreof fo~ othe~ purposes, without thareb~ waiving or impair-
in~ any puity, li~n or ri9ht under or by virtue of tha mwip~ye; snd in tM weN said MORTGAGORS shall for u~y reason fail to k~ep the said pr~mises w
inswed, a fiil to deliver promptiy. ~ny of said policies of insuranu to aid MORTGAC,EE, or fail promptiy to pay fulty eny premivm therefor p in an~
raspect tait to parfo.rn, dischar~e, executs, effect, complete comply with uid abid~ by this cove~ant, w sey psn ha?eof, iaid MORTGAGEE may place and
paY fw svch inwra~ or any put tMraof without wahrinp or ~ffectinp snY option. li~n, equity, or ?ight vnda o? by vinw of this Matpap~, and tM
full unount of each ~nd ev~ry such payment sh~lt b~ inuned'Ntely due and piyabls end shall beu Intere~t t?om tta date thereof until peid at ti» wt~ oi
nine pa centum p~t ~nnum and togethe~ with wch interest shall be secwed by tM lien of ihis mottgsge.
4. To pKmit, commit or wffer no wa~te, lmp~irment w deterioration of ssid property or any psrt thereof.
5. To pay all a~d urgular ths cost~, charges snd expe~se~, includinp s rcasoasble ~ttpney's fee arw! oostt of abstrscts of title, tncwred or psid N
any time by said MORiGAGfE, beca~se or in tl+~ eve~t of ths failure an !he pa~t of the said MOQTGAGpR to duly, promptly ~ne~ fully pator~, d~scha~
executs, affect, compkte, comply with ar+d ab~de by eath +nd every tl?e itipulations, agreemems. conditiaa, and covenants oi said promissory note and thi~
mortgaye any or either, and sa;d coats, cha~ges and ~xpenses. e~ch and every, shall be immediately due ard payeble: whether o~ not thae b~ notice da
marwl, attempt to colkcf or wit pend~ng; and tM fu~l amo~nt of eacl~ end every sixh payment sha~l bear i~terest f~om ~he date thereof until p~id ~t the
rate of nine per uotum per aniwm; and all ssid costs, ch~rges aod exp~nses intvrrad or paid, together with wch iroerest, s(wlf be s~tured by ths lien of thw
morty~ps. '
6~ Thst (a) t~ the svem of any besch of this Mortga~e or default an the pan of the MORTGAGOR, w(b) in the event any of said sumt of morry ~
herein referred to be ~ot prompfly and fvlly paid within thirty (3p) days next afte~ the same seve?ally become dve a~d payable, withovt demand o~ notice.
or (cj in the eveM each and every the stiputations, agreemenn, conditions and covensnts of said promiuory nofe and this mortgaye any w either are nd
iuly, promptly and fully performed, dlxharged, exetuted, effected, compkted, complied with and abidsl !y, ths~ in either or any such event t!?~ said ap~
gregate wm menYroned ie ssid {xaniuory note then remaining unpaid, with interest accrued, and ali mo~eys secured hereby, shaN betane dut and psy-
able forthwith, oe thereafter, st the option of said MORTGAGEE, as fvlty and completely ~s if all of the said wms of rtwney were aiginally itipulated
to be paid on such day, anything in said promissory note or in this Mortgage to the contrary ~?otwithstanding; and ~hereupon or the~eaher at tM option of
sa~d AI1pRTGAGEE, without aotice or demand, svit at taw w in equity~ tI1SICfWQ Ot fF1lJNIfK begun, may be prosecwed as if all mon~ys sewred hereby
had matwed pr~or to its institution.
7. That in the event that at ~he beginning of or at any time pending any suit upa? this Mortgage, w to fweclose it, or to refwm h, a to enforoe
paymem of any ctaims hereunde?, said MORTGAGEf sh~ll appty to the tou~t hav7ng jurisdiction thereot for the appointment of ~ Receiver, such Court shsll
forthwith appoiM a receiver of said morlgaged prope?ty all and singular, includ~ng all and si~yulu the income, profits, iuues and rovenues from whatever
so~rce derived, each arx! evtYy of whith, it beinp expreuly u~deratood, is hereby mortgaged ss if specitic~lFy set fa~h snd datribed in the yranting atd
habendum clavses hereof, snd suth Receirer shall have all the broad and effective functwns and powen in anywise enltusted'by s Cour1 to a Receiver, and
such sppointmenf shall be made by such Couri as an admitted equity and ~ matte? of absolute righl fo said MORTGAGEE, and without reference to fM
edequscy o~ inadequacy oi the wlue of the properfyr mortgaged or to the wtverKy or insotvency of ssid MpRiGAGOR or the defendann, and that such
rC,en~r~, profits, income, iss~es and revenves shall be applied by such Receive? according to the lien a puity of ssid MORTGAGEE and the pradice of such
8. To duly, promptty ~nd fu(fy perform, diuharge, execute, effect, complete, canply with ~nd abide by each aed every the stipulatiora, agreements,
conditions and covenants in sa~d promiuwy note and tAa mortgage set forth.
9. 7F?at in the event the ownenhip of the mortgs~ed premiscs, w any part thereof, becwnes vested in s person other lhsn the N10RTGAGOR, ths
MORTGAGEE, its succeuors snd sssigns, may, without notice to the MORTGAOR, deal wifh such wccessor or successor in ie+teres? with refererrce to thit
mortgage and tF~e debt hereby secured in the same manner as with Mortgagor without in any way vitiating p distharging the Mlortgagors' liability hcn•
under or ~pon the debt hereby secured. No sale of the premises hereby mortgsged and no fwbearance an the parl of the MORTGAGEE w itt successon
or sssigru and no eztension of fhe rime for the payment of the debt he?eby setured given by 1he MORTGAGEf or its urccessors a auigns, sM11 operate
1o release, dixharge, modify change or effect the original liability of the MORTGAGOR herein, eithsr in whok or in psrt.
10. It is specifically agreed that time is of the euence of this contracl and that no waiver of any obligation hereunder or of the obliyatan se-
cured hereby shati at any time tl~ere~fter be held to be a waiver of the terms hereof or of the instrument setured herby,
I I.~i n fo'the fus~o:ng monfhly paymenti of. p?inc:slal and interest ~eqvired by tl?c p~omissory note secured hereby, mortgsgor rti1Sq
and agrees to pay to mor ith each monthly payment an addirional sum estimated b mort
y gagee to be equal to 1/12 of the annu the follow-
3 . '
A-Afl reat property taxes kvied w assessed against the a real estafe. ' -
B-Premiums o~ fire and windstorm insurance as herein requ~red to be car ' ovemenb situate on the above desaibed premises,
C-Piemiums on such mortgage gwranty insursr~ce as I from time to time deem the ban setured hereby. -
Mortgagee shall from time to time notif in writing of the amount due and paysble F?ereunder and suc su ba ereupon be due and
payabk on the due date of t t y payment and each sutceuive month thereafter urtil mortgagee s}wll notify mortgagw o ~n ~
amount. . applied by mortgagee toward the payment of reat property taxes, ins~rance prem:vms, and mortgage guaraMy inwra e
wms. •
N WITMESS WHFREOf, the said MORTGAGOR F»s F?ereunto set his hand and seal the day and year fint aforessid.
°gaed, Se and ed in the presence of: ~
~ n
n
STATE OF FlOR10A ~ • I
COUMY Of St. LtiC;.e ~
d~fwe me personslly appeared W~liB= .Y• ~t~1~S ~
and
tcathQrine MaltLaws ~
his wife, to me well krawn and known to me to b~ ~
the individwb described in and who ~xecuted tM fore~a rg iostr t, and acknowkdpad before ms that tl?ey executed the sarrw for ths purposas ~
rherein ~upress~d. Md ths sa lCa~iQZ~~ ~tt~l~g
wile of f1~e qid w •~'~i?t eMS ;
upon ~ s~parats and priv~f~ !
e:am~~at~on by me t~ken sep~rate and spart from her said Iws1>snd, adcrwwledg~d to snd b~fon m~ that she executed said iMfNmlelt ~?Nly ~ vplyfl• ~
rarily ~nd w~tM~ut any compulsion, co~straint, appreh~nsion a fear of w from her sa;d husband. ~
WITNESS my hsnd and official ~es1 th~.__c~f.~ ~ ~ o{ OVtl/~1' !
Y A. D. i9 68 ,
• , - Notsry P in snd fw th~ St~r~ of Florid~ ~t luy~ ~
~ id
~ Mr ~ua~ .x~.~s: ~ i 9 ~ /
Retum Ta • • ' ~ ' _ i
Fint FdKal SavinQa i loan Aasxi~r~on ` ~c~1lti~i,.,~~ (~iNttia it
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Of Fort Pwrn. , ;A ~i . a., i~ . 'J r c:::;:, Si,31t` C
. 1b.+ P~..a.. r~.~d. ~,t: _ , • , i~y fo+~is~ia~ ~a 6.19T1
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~ . , • ' • lsr4sl bt b~r h~ i L~arlCt GAr
~ -
- ' P - ~ ~ FILEO AND RECORDED'
This Instrument Prepared By ;r ; ~ j C',1 ST• WCfE COUNTY, I~IA,~ i
Fint Federal Savings d~ loan Association , f• Q . RFCORO VERIFlEO
' n Pierce . . ~ 1'?'2325 i
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{ ~ LERK CIRCIlIT G~RT'
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