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at all ~ and quiatly to eaDet upon, ho1d, oocupy and eafoy sard Liad; that said Iaad b free froait ~11 eacumbcanoes;
thatt~,~y a~ ~
mch fuetliec a~aIIanoe~ b~ pa~eot t~s [es dmpb titls to said land in tbe Aaodatioa s~ m~~y rea~a~ably be
requirecT; and chat t~ey ac ~b~? fWly ~arsanc ais t~ae b ~sid lana ana win aefa,a tbs saa~e aga~?tt the lawEul clai~ of
all persoiu wlam'oaver.
PROVIDBD ALWAYS tlwt if ehe M gors slwU we11 and trulY P4Y tmM tbe Assoc.~iatloa~ the iadebtedr~s evidawed
by thst certain proonit~ocy taee, uf even d~tea~~~ a~de by die Mortgagrxs sad payable M the As~ociatioa, in the prlncipal
swa of FIFTEEN THOL'fSAND FiV~ HUNDRED ~.I~_~I~?~100----_-----_Dollara (i15-j~4Q..QQ.__'),
wbkh nota together with iaterest d~eroon as thazein spedfied, ia p~yabk in mondily inatADma~ta oE_ONE. HTJNDRED.
TWENTY SEVEN and 26/100•---------------------------------------------------
---_____.Dotlars (a,127..Z6______
_20 __~a,y ~ ~ ~g ~,,,;~___October 20. 1969 piy~
are to be a~ ~cst to inter~ and tha b~alanoe to pri~x3p41, until aaid indebbadne~a is paid in fnil, and sLan p~ionn, ~
with aud a by each ~wd aveuy tLe agt~nmts, ooanditio~a~ and cov~nts af said pc~an~ocy no~e and
morigpge, And. ~8 a~' advanoa ma by the As~ociati~ to the Matgago:s, ac the;r suooea~s in titW, fo~ anY P~P~
at any tlme befare the rela~e and c4noeilation of this matgage, but at no time shall d~ mortgage aecwra sdvanoes on aoawnt
of said origawl Aote togeth~r with s~x~h additional advances in a sum in aoess of F''tFTEEN THOUSAND FIVE
HUNDRED AND NO/l00---------------------~~ ~=_15 50~00_~~, ,,,,y ga",~~ ~ty
a
to pmtoct tLa secwity and cos~s, thea tbis deed and the estata he~ecbJ? cxeated shaA cease and be nu :nd void.
AND 1~ll3 MORTGAGORS DO hereby a~veoaat and agree:
1. To pay all and siaguiar the pri~a'p~l and interest and othex ~ms of a°°~eY Pa3'a~ bY virh~e af said proa~iasory note
and ihis mortgx8e. °r e~. P~'omPtl~' on the days ratpediv~dy the same s~vcrally oome dne.
2. To pay aII and siagular tLe taxes. a~aeats, lev3es, ltabiliCtes, obaigatios~s aud incumbtanoes oE every natnre mrd kind
now on said described pmperty, o~ tbat hes+eaftec may be~~m~~~s~ff~ered, plaoed, levied, or assessed tharean. or tbat bereaEter
may be kwied ar as~ses.sed v~po~ this Mc~tgige„ or the 9c+aed hereby, eacL and ave~y, wbefl due aad p4yabk,
aaoordiag to law, befoe~e #bey beoome delinqueat, and before ury interest attacha a~r an ~'i~u:ed; and inmfar as
. ~y ~ ~ ~ ~a c~ ~ ~t ~ ~~ty ~;ea ~a a~~ea ~ ~at~ ~ ~ a~t
~,~~a~c~~~~~~~r~~?~a~~a~ ~n~P~a~~~~~a
~r~ ~ M~~ ~ ~ aay~ ~c ~c« ~~?~c; ~a ~ a~ ~c a,~c ~y d~ ~ ~a ~a, ~~a ~a a~~a,
said Assocjatio~ ~inay at an~r time poy the ~ae or any pa~t ~f ~t wai~ing aac affeding anY ~I~. ~~Y ~ ri~
~mder ar by vistue ~ this M~ignge, and tbe fuII amamt of eac~ and every s~ech p4ymeat shall be immediatel~y dw andps
ya
and shall bear iaterest frQm the d ate there~ until pai~d at tbe rate stated in the rwte secured bereby and t
o
g
e~
e
r with s e~
c
h inter-
est shall be sec~a+ed by the liea af tL~ Martgage. .
3. To keep thc buildings and all equipmeat and peiso~nal propert~ ao~r ot h~ereafter oa ~aid premi~a ao~ed b~ tLis mor~gase,
imuned ~in a sum equal w at lau tl~e amouat oE che moztgage. or w amouat wffuient ~o oomphr witl~ an~ eo-~u:noe tequiro-
meat aovuing the same under the lawrs af tbe State of Fl~rida. ouverin~ lo~ h+om botL fise aud storm, makins th~ loa uader taid
pulicia. exL and evrry. parabk w the A~wciacion. as m~rtgagee, u its incenst mar appear, and ~aid inauanoe shall, be in a~ood
and raponu'b~1e imu~anae aompan~ sawtattor~ w~aid A~ociation, and ~?ritten by a rappm'bk loal a6ent ~atsfac~oc~ oo said A~o-
ciation; and the polic7 or polides s6alt bear a uandud mortgage tla~ae ~rithout aot~tribation, and. iE tbe asigiual PrinciPal aavount
oE the mortgag~e it Fifqr Thouiand and no
f 1~ Dollus (f
50,000:0~ or in aca~t thet~eof, ~all be Leld b~ the A~oaitivn, and, in
the eveent any wm of mune~ beaoma pa~able under wch polic7 or poliaa, che Awociation:haL Lave tLe apcion w reoeive a~l aPP~
che ame on aooounc oE che indebcodnen hereb~ secured, or to permic che mortgagas co i~eoeive aod use it, or aay put thercof. ioc
other purpaes, r?itbwu thereb~r ~riiviog~ or impairing an~ aqnity. liea ri~tt nndtr and b~ vi:uu. af 'thi~ mort~ge, and ma~
plaoe and paf for such iawnnce, o~ any ~rt tLereof. ~ridwut rrairing or affoui~g in option tA toreclo:e, ~ au~ rig~t batru~der. .
~a ~ ~ ~ ~ ~a ~~„t ~u ~ ~~au~y a~ ~a ~~k ~a ~n ~ ~ ~ a~
thereof until paid at the nte uated in the note 'seau+ed heieb~ aad t,oget~er ~rith akfi ittterest ~hatl tie ~eaued bp tbe tien vf thi
Mottgage. .
4. Tope~m~t, oammit, oz suffer no waste, impair,ment oc deterioration oE said pcopeaty, a an theneof sad u
the faiture of t1~e _noztgagors M keep tbe bvildiags a~ said p~+operty in good c~ondition a£ rcpofr, the A~c~tio~ may deooand t~he
immediste repaer of said b+rildings or the inunediabe repayment of tha debt h~sectued,~ and the fal~n+e of the moitgagas
to camplY with said demand of the Association for a period of Thidy (30) days, oons~ute a bra;ch af this moartgage,
and, at the optio~n of tbe Associatioa, imuredua~ely matune the entire amount o# p~incfpat and interest~~y secvred, aad d~e
~ As~odation, fiannediatelq and witbout notiee, may &~stituoe pmncjeedings to foreclose this mortgage and applv for d~e appointment
r of a Receiver, as bereioafter pravid«1.
~
5. TLis matgage c~ontraet pnuvides for additiawl advances w}~ msy be noade at ~e optian of tbe as~ociation and
secute~i by thb aw~rtgage, and it ta agReed Wat in tbe event of such advances the amo~mt may be added to tbe mo:t~age ci~t
anci shall incresse tbe unpaid b~lanae of the mte he.~+eby sec~u~ed by t~e aano~mt af suc~ advance ~m~d s6sll 6e a part af s~id
nota i~~ under ali the terms of said note and this oontract as fuIIyi as if a nevv sucL noce and oontract wem euecuted
and delivered. An additional advance agrecment may be givea and aooepbed for s~ch advaaoe ar~ providon may be made far
different mo+uthlY P~Y~b and a different interest rate and odier modific~a?tions of the c~oatraet, bat ia aIl other respec.~ts
this coatract shnII remain in fWl force and effect as to ssid fixi~:l~ ioc~~ng all advarioes. '
s. ~ ~y ~ c~ ~ ~ ~ ~a a~ ~ ~ ~~r ~ ~r ~ ~ T~? c~) ~ri ~c ~c~
the s~woe aev~eraDy oome due and 1~aYabte. or i# each and ev~+ry t6e p aS~aemenk oondrtio~s. and oovenants vf saicl
promissory note and this deod, or either, are not dcdy pe~a:med, o~~F?k ~ itad abided bp. tbe ag~egate smn mantiaoed
in said promitsory note and anq olber amamt ar amau~ added to tbe matgage indebtedness ~mder tbe terms oE this matgpge
s1wII beoome due and pa~yabb fo~thvvi~ or th~+after at the optian af tbe Asac3ation, as fnlty and oompkbdy as if said aggregate
sum of monay was originally sbipulated to bs paid a? suc6 daY• ~Y~B P~LS~Y aobe or here,in M the oontn~ry not-
`'''~t~nd~&
7. To deliver tu the Associatioo, on or before Mamh IStb, of eaah yeat, t~x ~+eodptr evide~8 tbe pa~t of all law-
fulty im~posed taxes for t~ee P~eoedin8 ~daryear, to deliver to tbe Aaaocistion reoeipts evidencing tLe p~tymeat of all lie~
for pub~e imp~ov~eab wft~ niMty 90) day~. aft~a the same staII t+eoo~ae dne aad pnyabk, aad to pay ar d~c~ge within _
~ af a
nioetY (90) days aftet dne cLte, any all ~ava~mnmtal Ievlet tLat may be made on the matgaged peopaty, an this mort~age
or note, a ia any ather way ~u~eg from the mo~tgpge indebtednesi sen~red by this a~atg,~ge.
BUOK PA6E
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