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3. To plaa and ca+tl~wovsly kNp on tM buildinps now a hK~+fta ~itwh on aid land u~d on ~II pvipmMf and pKwnaliy covK~d bp ihis nwr~
p~. with dl pr~miwn~ tMr~on pa~d in fvll, fih inswanu in tM vswl s~u+dard policy form, in a ~wn approwd by th~ MpRTGAGEE, ~nd windirorm
insw~nc~ in tM uwal stand~rd polity twm, in ~ wm ~pptowd by tM MORIGJIGEE, In wth tnmp~y o~ oompanip q tM MORTGAGEE may
dir~cts and all tir~ and w'wdrto?~n insw~nw policiy on ~ny of said buiW~„ any i~.qt ~Fur~in o~ pwt N?Kwf. in tM ~pprsp+u wm aforNaW a
in ~xass thK~of. sMll contain rM uwsl stu+dud mort9a~ clws~ a wch othu dws~ u tM Mo.tppe~ maY nquin, mal~3np th~ loss undN said poli~
cies. ~ach and tvtry. paYabk b ~aid MORTGAGEE as iq inl~tat maY ~ppN?. a~d Nch ~+d ewry t~th policy shall b~ promptly sst:yned a~d d~livK~d to
a~y Mld by said MORiGAGEE ~s fwther sewrity to saW mortps~ d~W. ~nd, not ku th~n ten (10) d+ys in ~dvsna of tM txpir~tian of tach polity, M d~
t~wr to s~W MORTGAGEE ~ nnewal tl~wf, rop~tMr with a n~ce7pt fw tM prrmiwn of wch renewalt ar?d th~n shall b~ no f'a~ or windilorm tnsw~nu j
pl~cad on ~Mr of s~id buildinps, ~mr intenst tMr~in or p~rt th~rwf, w,leu in rM tam and wi~h tM kss p~y~bl~ as ~tonsatd~ a~d in the ~wnt any awn
of rtw~wy becomp p~y~bl~ urid~r sud~ poiicy or polic;ss ~atd MORTGAGEE sMll Mw tM optan ro nosiw and apply t!w sarn~ on xco~nt of th~ ind~bted~
~eu secured h~r+by a w pamit s~ld MORTl3AAGOR3 ro nc~iw and vM N a any part tAerwf fw other pwpw~s, without thereb~ waivinp or impsir
i~g any pvity, li~n a ri9h1 undet or by vittw of thia mott~sptj ~nd in t}M ~wnt ~id JNORTGAGORS sMll fot ~ey ~eawn fai~ to.k~Np~.~~.~Aid pn~nitss so
ins~r~d, a hil W dslivu prcmptty u~y of afd policia oi &awanq b said MORTGAGE~, or fail promptly lo p~y fully any premivm 1Mnfw o. in any
r~sp~ct fait to paforny difdarpe. execut~, ~ff~ct. compkb. comply with ~nd abid~ by this coven~nt, or any part 1?Kwf, asid MORTGAGEE n+ar plan and ~
paY for such inwanc~ or any part th~reof wi~hovl w~h?inp or aff~ctirp any optian, Ii~n, pvty. or ripht unda a by vinw of N+is Mat9~. aed tM
full amounl of ~ach u~d wsry wch paym«+t sMll b~ immd'Ntdy dw ~ed piyabl~ and sMll beu interest from tM dat~ thenof vntil p~id ~t tM rat~ ol
nine p~r cMtum per ~mum and toyether with such interest ihatl b~ securod by tM li~n of this mortpaye. i
o A ~ eECORO '
4. To pKmit, oommit w wffu ~+o w~sts, 4np~i~ma~t or dtt~?i~oration of said property or ~nY W~$ p~' t
S. To pay all ~nd ~lnpvlar tM costs, cMrpss and ~xpMws, inciudinp • rwon~ble ~ttorney's fe~ -ind~sja A ~Y~~ ,
eny tim~ by s~td MORTGAGEE, becaus~ « in tM ~wnt of tM f~ilun on tM pa.t of tM s~id MORTGAGOR id"roq1;
execvt~, ~ff~d, oo~~q, oomply with and ~bid~ by txh and every the uipvlatio~s, apreert~ts, ca?ditions, and covwuols of said pomitswy not~ and th)s
^+wty+~ any w ather, and ~aid coab. s!»~es ~nd ~xpei?ws, each ~nd every, sMtl b~ imrnediately dw and ; hetFwr or not tMn b~ notia ds
mand. ~nemRt ro collsct or avit pendin~s and th~ full amo~nt of tsch and every wch p~ymeets1y~l . t~,~~t~~~tht
rate of nine per centum psr anwm; and all said oosts, cMrqrs ~nd expenses inturred or paid, top~theD ith~intar t, b~~t~1r t ( q
mortp+y~• .
b. That (s) in ths ~wnt of u?y breach of this Mort9sp~ w defsult on the part of the MORTGAGOR, or (b) in tM eve~t ~ny of aid swra of moner ~
he?ein r~ferred to be ~ot promptly snd fvlly paid within thirry (30) dsyt next afte~ rhe same severally bec ~ ~Fp ~or noY~ce,
or (rJ in the svent esch ~nd every th~ sNput~tions, agreem~~n. ~ndieions and cw~nts of said pr y t an ~w1
~uly, prompdy ~nd fvlly performtd, discMryed, execvted. effscted. tompltted, cornplied with and ~~K~~ vfpQ~~
gregat~ sum mentioned In said promissory rqre then remaininp unpaid, with interesl acuued, and all monsys set~red he?ebY. 'sh~ll becan~ dw~and~pay~
able forthwitly or theresher, at th~ optiw~ of said MORTGAGEE, as hrlly ~~d compktely ~s if a1) of tM said wms of ma~ey were ppin~lly stipul~t:d
to be paid on wch daY, anything in said promiuory ~?ore or te+ tha Matyage to the contrary notwithsts • and tF~erw
said N10RTGAGEE, withoot notite w dsmand, wit ~t law or in ^d'^y f er pon ot thereafiat st tM option of ~
had matwed prar to in institvtion. equity, thereforo or thereaher begun, may be prosecuted as if all moneys secured her~by
7, That in the event that at the beginning of or at aey time pending any svit upo~ tha Aliorfgage, or fo foreclo~ H, a to reform it, q to enforp
payment of any cla;ms hereur~de~. said N10RTGAGEE shall apply to the Coun having jurisdiction thereof for ths ~ppointment of a Receiver. wch Cou~t sMll
forthwith ~ppoiM a rcccive~ of said mwtyaged ptopeAy all uid sinyulu, Gxlud~rg all and iu~qulu the incwne, profiri, iss~ss and nvenues trom whatever
tource derived. each ~nd evtry of which, it beinp txpressly w~derstood, is hsreby mortgaged as if specifically set fwth and ele~ibed in the 9ranYup and
habenelum da~ses hereof, u+d wch Receiver shall INw all the b?wd and effectiw funct~ons and powen in ae~rv~rise entrusted by ~ Court to ~ Receiwr, ~nd
such appoiroment shall be m+de by wch Cou?t u an ~dmitted eqvity and a mattar of ~bsdute right ro said MORTGAGEE, and without reference to ths
adeqvacy or irudequacy of tM valus of the properry monyped or to the whrency or insolvency of said MORTGAGOR or the defendants, and that such
renrs, profits, income, issues and revenves sFwll b~ applied by wch Receive~ accordinp to tM lie~ or equity of said IYtORTGAGEE and the practice of such
Courf.
8. Io dvly, promptly s~d fully p~rform, distharpe, execute, sffed, compkte, tanply with and aWd~ by each a~d ewry tM stipvlaYions, apreements,
conditions and covenants in said promissory note ~nd this mortgsg~ set forth. .
9. That in the event the ownenhip of the mo~tgaped premises, w aMr part thereof. beewnes.veated in • penon other th~n the lNORTGAGOR, th~ ;
, MORTGAGEE, its a?ccessws snd essigro, msy, withwt rwtice to ths MORTGAOR, deal wit6 such suaessw or wccesso? in interest with rofereoce ro this ~
mort9tpe and Ihe debt hereby setured in the ssme maro~er ay with Mortgayw withovt in ~ny way vitiaYmy or discharyirg the Mortp~ors' liability h~rr
under or upon the debt hereby secured. No sale of the premises hercby mortgaged a~d no forbea~ance on tM psrt of the NIORTGAGEE w its successon
w auigro and no exterKion of the t~me for the p~yment of the debt I+ereby secvred piven by the MORTGAGEf or its wcaessors or ~ssigns, shall op~raf~
~o release, d~schar~e, modify change w sffect the original lisbility of the MORTGAGOR herei~, tither in whok or in put.
10. It is specif'~cally agreed tiwt time is of ths esserxe of this aontr~ct ~nd thar no waiwr of eny oblipation herevnder o~ of tM oblipation sr
cured hereby sh+ll at any time thereaher be held to be ~ waiver of the terna hereof w of the instrument sec~red herby.
11 In addition to the forego:ng monthly payments of princ:p~l and interest required by the p?omissory notr secured hereby, mortg
and sgrces ortgsgee with each monthly payment an additional sum estimated by mwtyagee to be eqwl to t/12 0 o the fdlow-
ing:
~
A-All resl property taxes kvied o? astes ag e dest?ibed rea .
B-Premiums on fire and windstorm insurance as herein r the improvements sitvate o~ the above described premi~es,
C-Premiums on such mwtgage guarant ' as mortgsgee shall from tirne fo time ' o carry on the loan setured hereby. ~
Mortgsgee shall from tii e notify mortgayor in w~iting of the amaint due and payabk herewxler um shsll the?eupon be due and
payable on the d o the next monthly payment and each successive month thereafter until mortgagee shall not~fy mor a chsnge in wch j
amo~nt. uuns shall be applied by mortgagee toward the p~yment of real propcrty taxes, inwrance em:ums, and matgsge Qwr ance
~wns.
IN WITNESS WHEREOF, the ssid MORTGAGOR has hereueto ~t his hand ~nd seal the day and u fwst esaid.
Ssa deliwied in th~ p?ese~oe of: ~
' Witnesses to signature . ~
of Fred J. Shaw n
Witnesses to sign~twre n
- of Mary C. ShaN a ~
FILEO AND RECO ~ ~
srA oF790 W JBRSBY S+. WCIE COUNTY, FLA. ~~~-~~~~~~+nr,,,. ~
caunrnr oF C~ ~ ~f~ ~ R1riED ~ i'~3.f`'.~, ;
~~4 , _
e.ro.. P...«~.iW .~.~..d r . S nr : .r~-- .s. ,
_ . ,n~ .
•
f '~~ef~ w rir we!( kaonit j_ 1~?t4~ _ 1
tfie individwh desoribd in and who ~xetuted tla fo~eyoirg Lufrwn~nt, atluwwkd9ed be me tFw]. ~~xKUta~ aw~k _
. . t+s~'si~. p~xvaY.
r?~er.tn .xpns.sd. M,~ .r
_~rib.aE if~.~aii - _ '
~ ' _ _
-aur~iw~iiow.by ~ne.tak~r?.~sp-.••- _..1 ~p~y.fw~.~l~r..~sid ~~+1~ot~ ah~ ~aewMi~ait~ ~
terilT~~itbwF~^'l~or~bi~n?~ow~ts~iwtr+PP~ 1~ae ~ •:'~'r_`r'~ -
"k ~r~ j iy ` ' ~ i
WRNESS n?y fwid and offia~l s~+l t day d j~ ~ `/1:~~.t1. ~9 69
f-: .
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STATE OF FLORID ~ry ~ • W .IBRSBY~
courmr oF ~ Y~ ~`on Nssioo Expites Dec. 31. iD7a ;
, . :
e.ra. m. P.pon,~y ,pp~,,,.d Mary C. Shaw ~ 't
the individwi~ deacrib~d in and wFa ex~tvt~d the for 6nU~wn~nt. ~nd acknow b~tore ~ to m~ well known ~+d known b n» fo b~
'~°A'o k~ i1~Y ~a~a,qd th~ sarrw fa Nu pwpa~s
tF~er~in ~xpr~s~ed. A~d S11e . . • • ~ ~ ~ • ~ .
.
wllref~tMR-wi~ ~~--=r4~~•
~iwiwMi«r`r-~w~t.w.w «*~rw. ard-ap+q-frc~.he~ ~WJ~olSand-adn,rwi.~i.1~ awd.b.tw~~~t1..? ~h~ ~-Pri~
~'~d~w'~I'aN' ~"~"'µi~w <~t~wq. +~+Miwio~- ~r~I~ws ~i- M-~reiw•lw•~ J~wMwi ~ob~o-
:
vv~rhESS ti.~d «~a ~ .t tr ot = ~ . r - i~ cip.~
R This irrstrument prepa by ' : ~ ~ - ,
~i'~6 ~1815 r~ ~rY Pubtic M and iw ~ ~
First federa~ Sar. b loan ass~,. y c~~.~.~p~.~ , ,
. R~twn Ta Of FOft ~(CO Notary Pudic, 5tate M Fbr1~a's~,Ca*gb.•~;•,
firn hd~?~I Swiny~ a Loan As~oci+na+ My Comm:ssion Expires Mar. 27, 3977- .
OI Forr P~erce. p,~ J eonded by Transamenca l~surar~c.~e+Qo~' '~j
o . Colli ~ 7
ro•r 9~e,ce f!o<<da 1 C f
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