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3. To pl~c~ and conNouo~?sly k~ep on tF~ buildinps ~aw w Mreafier ~itwt~ on said lu~d and on all equipm~nt and p~no++ally covK~d by thl~ mwt~
p~. with all premiums tF?erwn p+~d in futl, fir~ intur~nc~ i~ ~M usual uu+dard policy fwm, in a sum approved by tM MORiGAGEE, a~d wirv,~txm
ir?s~xu+c~ in th~ vswl ~t~ndard poi~ty fam, in • sum ~pproved by tM MORTGAGEE, in wch company or comp+nies as ths MORTGAGEE may
dirMt +~+d all fu~ uid winditorm inwranp polici~t on ~ny of said build~nps, any int~r~~t thertin or pa~t tMreof, ie iM apqrsp~t~ sum afor~said w
1n ~xcess ~Mnoi. shall contain tM usual srandud mortgag~s ciaus~ or such oths~ claus~ u tM AMx~~syes may rpui~~. makinp ths loss undt? said po1F
cip, each and ~very. paY~bl~ ro said MORTGAGEE ss in interatt may appear. ~nd each a~d tvery t~ch policy shall bs prompNy au.yr+ed and delivered to
~~y FwW by ~id JMORiGAGEE as fu~ther security lo s~id mwt~ap~ debt. and. not lass than ten (10) days in advance of the ~xpiration of eath pol'~cy, to d~ ,
IivN to said MORTGAGEE • rtnswal tfiereof, toqetha~ with a receipt fw the premium of iuch renewal; ~~d there shall be no fen or windstorm insuranc~
plapd on ~ny of said buildinps, any i~terest thsrein or parl thereof, unle~s in the form ~nd with 1M lou payabl~ u a(aesaid: snd in tM ~venf any wm
of monty becwnes p~yaW~ v~ such policy or policies s+~d N10RTGAGEE shall h~ve ~M option ro receive snd epply ths same on ~ccounl of 1M i~debted~
n„s secur~d l~r~by w b pamil said MORTGAGORS to ~eteive ~nd ~ it p any part thereof fu othe~ pu~poses, without the~eb/ waivi~~g or +mpair-
Ieg any pu;ty, liee p ri9ht under or by virtue of this mortpayes and in tM event said MORTGAGORS shall fw any ?eason fail ro keep ~FK s.id p~emises so
insured, a fail b d~liwr promptly any of said polities of ir?suranu to said MORTGAGEE, or fail promptly to pay fully a~y p~emium therefor a in any
r~spaef fail ~o p~rfonn, discMrys, exscute, effect, complete, comply wirh and sbide by this cover+ant, or any pan hereof, said MORiGAGEE may place +nd
pay fw tuch imwanc~ or ~ny part thsreof without waivir?y a affsctinp any option, Ikn, equity, or right unde~ or by virtue of this 1Nortya~s, ~nd tM
full anwvnt of tath at+d ewry suth payment sha:! be imnxdiately due sr+d p~yable and shall Dear interest from ths date thereof umil paid ~t tM rat~ ot
nins p~r centum p~r snnum and togetha with t~?ch i~tereat shaU be aecured by the lien of tha mort9age.
1. To pNmit, aommit or wff~r ~o waste, tmpairment w deterior~tion of iaid property a ~ny part thereof.
5. To pay ~II ae~d sirg~lu tFK cosn, charqes and expenus, includiny a?easonable attaney s fee and costs of ~bstracts of title, incurred or p+id ~t
~ny time by said MORTGAGEE, because ot in the event of the failure on the part of tAe said MOttTGAGOR to duly, promptly ~nd fuliy paiwm, d~xharg~,
execute, affect, complet~, compy w~th and +b:de by each snd every the stipula~~a+s, sgree+nents, cond~fions, and covena~n ot u~d promiuory note and thii
mortya9e any w ei~ha, and said costs, cF?~rges and expenses, esch a~ every, shall be immediately due and payable; whethe~ or not fhere bs not~ce de
mand, attempt to eolkct or wit pt~d~ng; and ths f~l) ~movnt of each and every s~ch payment shall bes. interest from the date thercof until p~id at the ~
rate of nine per centwn per an~wm; and all said costs, chargd and expeoses incu~?ed or paid, together w~th wch i~terest, sh~ll b~ tecured by 1M lien of this
^wrtpa~•
6. TMt (a) in the ~wnt of sny breach of tha Allortyage w default on the part of the MORTGAGOR, o? (b) in the event ~ny oi sa~d swns of mor?~y
heroin referrad to be rat p~omptly and fully paid w~thin thirty (30) days next after the san+e severally become due and p+yable, witMut demand w notice,
or (c~ in the event each and every the stipula~ions, agraements, cond'etions and coven~nn of s~:d promiuory nots a~d th~s mortg~ye any or either are nol
iuly, promptly and fully performed, d~xharged, executed, effected, completed, complied with artd abided by, then in either p any such ~vent tM s~id a¢
preyst~ tum mcntaned in s~id promiuory note then remaining unpa~d, with interesl accrued, and alt moneys secured hereb~, ihau bccome dw and pay-
•bl~ forthwith, or thcreafter, ~t the option of said MORTGAGEE, ~s fvlly and completely as if atl of the said wma of mo~ey were ai~inally st~pulated
to be pa~d on avch day, ~nythiny in sa~d promissory note o~ in this Matgage to the contrary notwithstsnding; and thereupon or thercahe~ a~ the option of
said MORTGAGEE, without notice a demand, svit at law or in equity, tFKrefore or thereafter begun, may be prosecuted u if a!1 nwneys secured hereby
had m~tured prar to in institution.
7. TF~t in the event that at the beginning of or at ~ny time pendirq any suit upon ~his Mortgage, w to foreclos~ ir, o? to rofwm Jf, a to enforc~
payment of any claims hereunder, said MORTGAGEE sMll apply to the Court having jur~sd~ction thereof fa the appo~ntmem of s Receiver, such Court ~ha11
fwthw+th ~ppoint a receivq of said mor?gaged p~oQerty all and singular, includ~ng all and si~gu~ar the intome, profits, issves ~nd revenues from wl?at~ver
wurce de~ived, each ~nd every of which, it be~np expreuly undcrstood, is hereby mo~tgeged as if spec~f;cally ui fo~th and described in tha yra~tin~ a~d
habendum clauses hcreof, and such Receiver shall have all the broad ~nd eifective func~~ons and powers in ~nywise a+tr~sted by a Cou?t to a Receiva, end
s~ch appointme~t shall bc made by such Court as an admitted equity and a matter of absotute ri9h1 ro said MORTGAGEE, ~nd without reference to the
adeqwcy or inadequacy of the v+lue of the prape~ry mortgsged o~ to the w~vency or ~nsoiYency oi seid MORTGAGOR a tAe de`endants, and that such
renrs, profih, incon:r, iuues a~d revenues shall be applied by such Receiver acco~d~ng to the lien or puity of said MORTGAGEE snd the practite of such
Gourt.
8. To duly, promprly and fully ps~fwm, d~xharge, execute, etfed, comptete, comply with and abide by each ~~+d evrry the stipulatior+s, ayreemenri, ~
conditio+~s and covenants m sa~d promissory note and th~s mortgage set fath.
9. That i~ the event tlx owrurship o~ the mor`ga9ed premiaes, or a~y parl thereof, becomes vested in a person other th~n the MORTGAGOR, tl+~ ~
MORTGAGEE, in succe~soro ~nd su~gns, may, withou~ rwrice to ehe MORTGAOR, dcal w~th such auccessa a succe~sw in interes~ with refere~ce ~o this
mortyaye and tF+e debt hereby ~ecured in rht stme manner as w+rh Mortgaga w~thout in any way vit~atir,~ o~ d~stharping the Mwtya9orf' iiability h~r~
under p ~pon the deb~ Aereby secured. No sale of the prem~xs hertby mortg~ged and no fwbcarance on ~he part of tM MORTGAGEE w its tucuuors
w ass~g~s +nd no ex+e~s~on of ~ht t~me fp the payment of the deb+ hereby ucured y~ven 6y the M~RTGAGE'_ or ih iucceasors w aa+yns, ,hall opsrat~
to rtlesu, d~xMr~e, mod~fy cMn9e o~ •Hett the origmai liab.lity of the MORiGAGOR here~n, either in whole a? in part.
10. It is speNfically ag:eed that t~me ia of ihe esu~ce of this contrxt ~nd that no waive~ of any ob~~gai~on hereunder w of tM a~.y~Ya~ ir
cvred h~reby shall ~ny fim~ thereafie~ b~ held to be a wa~ver of the terms hereof or of the insuument securcd herby.
11. In add ~ion to tlx fwego ~g mo~fhly pa~mrnrs of pn~c pal a~d in~eres? requ~red by ~he p~wn ssory nore secur~ hereb~, mortgagor coverunts '
and agreei to pay to mort~agee v~~th each monthiy pa~.:,em an add:rwnal s~m est~Tared by mortya9ee fo be eq~af ~0 1; 1~ of the anauel cwt of the fol{ow- ~
'~g:
A-All reel properfy uaes kv~ed w assrssed aqai•,sr thc above dex.~5ed real es~aee.
B-F.ym~~rT» on (ire and windssorm ~nw~ance as here~+~ req~.red to be urried o~ the ~mp~oveme~ri s:tuet~ on the •bove dtsc.~btd prcmises.
C-Prem~ur+a on such mortg~qe gua~enrl insur~~.ce •t m.o~tgagee shall from. r n-e io hmc drem ht to carry on the loan secured hereby.
'I Mortgapee tha'1 from nme ro t~me noe,fy mor~y.~go. .n w~~t.ng of fne a~ro~~~ doe and psys5le he~eu~de~ ar.d wch sum sha7i ~herev~on be dw and
f ~sy~blt on tht d~e oare of the neRt n.on~h:y pay~r.ent and each successwe ~*o~~h thr~esHer ~r.h; mutgagee sha~t ~ot,ly mortg~gw of a chanqe in such
E emount. S~ch aums s~a:I be app ied by mwtgayee eo,ti~rd rhe pa~m~nt of reaf property ra¦es. ~nsvrrue p.en,.uma. •:~d mwtyqe yua+antY inf~r~nce
~ premiums.
~ ~ IM WITNESS WN:QFOF. rhe sa,d MORTGA(,QR Ms ~+e~ev:+ro st? h» h~nd ~nd sesi rhe day ,nd ~e•. f~n~ ~faesa~d.
.d .~d :~ve+ N,h. p.ese~+ce ef: • t'clR~+~ rc., i
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SiATf OF ftOQIDA - ~
ST . U1C I6
c~NTM ~ Claudt H. Caabs
~.1w. n,. p..sa+.?ly ...d - - - _ .na
~U~s• ~.~_CO~s _~i 1vs w~!e. to ~*v w~il L~a«~ rd lr+o~nn M m~ M b~
rM i.+d.r~dwb descr~b~d ~n ~nd who ~,~~c~e~d ~h~ fasQo.~p tr ~r.d ~c?rw~w:ed~od b~+w~ ~.+t tM~ rM~ •~ec~,red iM ~a~v 1a ~M v~DU~~
~ou~s~ L. Co~bs `
_ -
MwNn eapr~d. Ard M+~ a~d . - - - - - - -
~ d r++. ..~a - - Claud~_N. _Cosbs._ _ - - - - - ~ • .w...~....d p+....
•~Nw:eytpn ay ny t~kM N~~11~ ~rtd ~~iM frNw Mf w.{~ hvf~~. K~~O.?1eC~~ p 1~+d bl~W Tf IMf ?M •aKY1~ N~ rn~tr..rM+11 ftNiy ~r~ vp:Nf~
r~~.ly ad w.+hor+ a~+y eo~++~:,~a.on, e~nser~u,~. ~ctiw~?w.•~en. a t~~r o! w~rom M. ~a.d h..;t~rd.
~ wirHtss *w ~...~a «+d ~fK..~ ».i ~r~.. _ 3.l_~". July , ~ o ?v 69`
~ - - - _ _ - - -
~ - - t~~..ir~.~a - ~LZ~ CL~i.~~3r___ _ - - - -
NaMr O~G:.c a. v+d ~or ~M S+N~ d F:w ~ N l«p~ #
~ . Mr Co+.rw.~s.o++ •w•~w: ~
~ R~~ 10. ...~i.,_ ` ~ ~ ~ ~ M ~
iwt~ ~~de~al S~v..~ • loa+~ Arsoc~i~o~+ . -~'S
~ . w C~•s+w Ei~ti S~t. 23. Mi~
(}f cw~ V ~~c• ~ :
b+~Y A~ ~~.~y~ ~ ~ (~rr~~ C•
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~ ~a. - ~FtlEO ~Np RECOAOED :
,
. ~~'~~E C~UNTY, Fi.a ?
~ • : ~n~r .,r~+?t'.
~ 1h~s I^~trurntnr Drt~arrd by J. O. C2lastil0 •
180~33'~ `
~ F~rtt feOec~1 Sav~*~gs 6 loan A~soc~~t~on , 7-~+•~ -
at fofe P~e+c~ ~ F los i da "'t Z 1 ~
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