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To plau and continuously keep on the buiidings now w hereafter situars on sa+d land ~nd on all equipment and penonaily covered by this mort~- + sge, with all premiums thereon pa~d in fuil, lire insurante in the usual uandard policy form, in a sum approved by thr MORiGAGEE, a~d w~nds?am ~ insurance in tM usual ~~andard poGcy form, in a sum approvsd by ihe MORTGAGEE, in such company w compan~es as tl~e MORTGAGEE may direct; and all fire artd winJsto~m insurante policies on any of said build+ngs, any intQrest therein or part the~eof, in the aggregate sum afaesaid or in exceu thereof, i~all contain the usuat standard matgagee dause w auch olhw clause as the Mortgagee may requ~re, making the loss u~da sa~d potF cies, each and every, psyabfe 1o said MORTGAGEE as its inerrest may appear, and each arx! every such po:~cy s~all be promptly ass g~ed and delivered to any heW by iaid MORIGAGEE as fur~her security to said mw~9age debt, and, not leu than ten (10) days in advance of the expirat~on of each poticy, to da ! I~ve~ to said MORTGAGEE a renewal thereof, toge~Ae~ with a receipt fw the premium of such renewal; and there shall be no i;re o+ windstor,n insurance placed on any ot said buildings, any intereit therein w part thereof, unleu in the form and wi~h rhs lou payable as afore:aid; and in the evem any :um ol nwney becomes payable ur?dcr such poliq w policies seid MORTGAGEE shall have Ihe option to reteive and apply tha sa~ne on accoun? of the indebted~ neu secu?ed hereby a ro permit uid MORTGAGORS to receiv~ ~nd v3s it a any part thereof ior other purposes, v.ltho~t th_~ro~ waiving or m~pair• ing any equity, lien or right under w by virlue of this rt+o:tgage; ard i~ the evenf ssid MORTGAGORS shall for any ~eason fail to keep the satd premisas w insured, w fail to deliver p~omptly any of said polities of insurance to said MORTGAGfE, or f~il pro~~~ptly to pay tu11y any premium therefw w in any ~esped fail to perfwm, discharge, execute, effed, complete, comply with and abide by this covenant, or any par~ hereof, said MORTGAGEE may place and ! pay for suth insurance or a~y p~•~ thereof w+thout waivir~ w affecting any optio~, lien, equlty, w right under or by virtue of this Morrgage, a~d the full amounl of each and every svch payment shal! be immcdiately due and payabie snd shall bear i~terest from the date thereof until paid at the ~at~ ot nine per centum pe~ annum artd together with such interest shall be ,K~~ea b„ ?n~ s~, of ,n~. ~t9a9e. F~LED AND RECORDED t. To pe~mi?, commit or suffer no waste, impairment a deterioration oi saed property w any parl thereof. J-j. ~UCIE CQUN?Y. F~.Q. S. To pay alt aod singular the costs, charges and expenses, inctuding a reasonable at?wrny's fee and costs of ~qf~r~(~ ~F'tilNs,: (q~vrl~~r pa;d af ; any time Ey said MORTGAGEE, becauu or in the evcnf of the failu~e on the part of the said MORTGAGOR to duty, promptly and fully perform, d~xharge, execute, efFect, complete, comply with a~d ab:de by each and every the stipulations, agreements, conditions, and covenants of said promissory note a~d ~h~s matgage any or e~?F~er, and sa~d costs, tharges and expenses, each and every, shal! be immedialely due and payabte; w~hether w nof there be no~ e d~ mand, attempt to coilect w suit pe~d~ng; a~d Ihe full amount of each and every such paymcnt shall bea~ ~ f~'~e ~t f ~ia t the rate of nine per centum per an~wm; and all said costs, charges and expe~ses incurred or paid, togethe~yri~~u~~~{DII b1~s~ by~ie of ~h~s mortQaye. ' y ` 6. That (a) in the event of any breath of this Mortgage or default on the pa~t of the AAORTGAGOR, w(b) in the event any nH~aaid sums of money herein refe~red to be not promptly and fulty paid within thirty (30i days next after tFe same severally ixcune due and ~j ipfe,~'Zviit~lTiR~d or no?icr, or (c) in the event each and svay ~he st;pulario~s, agieements, cond~tions and covenants of sa:d piomissory note au~1 th.~ tpqge `a!~~~~ R'~re not ~~ly, promptly and iully performed, d~uharged, exetuted, effected, completed, comptied with and abided by, Ihen 'Fh ttt~any iucf~ event fl~e said ag gregate sum mentionecl in said promissoty note then remaining unpaid, with interest accrved, and all mpneys setured hereby, shall become due and psy- eble fathwith, w thereafter, at the opt~on of said MORTGAGEE, as fvlly and completely as if a~l of the said s~ms of money were originatly s~~puta~ed to be paid on such day, anything in said p+omissory note w in this Mwtgage to the tontrary notwitnstanding; and therevpon os therealte~ at ~he opt;on of said MORTGAGEF, without notice or demand, suit at law w in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby had matured pnot to its institution. 7. That in the event that at the beginning of ot at any time pending any suit upon this Mortgage, or to forec~lose it, or to reform it, or to enforte paymenf of any claims hereurtder, s.iid MORTGAGEE shall epply to the Court having jurisd~ction tk::~+ for the appointment of a Receiver, such Court shall forthwith appoint a receive~ of said mortgaged p?ooe~ty ali and singular, includmg a{I and singular the income, p~of~ts, issuea and revenues from wharever source derived, each and every of wh:ch, it being expressly uMlersroocl, is hereby mortgaged as if spec;fically set forth and desuibed in the granting and habendum ctauses hereof, and such Receiver shalt have all Ihe broad and eifective funct.ons and powe:s in anywise entrusred by a Court to a Receiver, and such appointment shalt be made by such Court as an admitred equity ar~d a matter of abso(ute right to said MORIGAGEf, and w~rhout reference to the adeqvaty or inadequacy of the ralue of the property mortgaged a to the so~vency o? insolvency o( said MORTGAGOR or the defendants, a~d that such rents, profits, intorr~e, issues a~d reveoues shall be applied by sucF? Receiver according ~o the lien or equity oi said MORTGAGEE and the practice of such Courf. 8. To duty, promptly and fvlly p~rform, discharge, executr, effect, complete, comply with and abide by each and every the stipulatia~s, agreemenis, conditana and covenan~s in sa~d promiuory note ar.d this m«tgage set forth. 9. That in the event the ownership of the morigaged premises, or any part thereof, becomes vested in a person other fhan the MORiGAGOR, the MORTGAGEE, irs successws and auigns, may, without norice to fhe MORTGAOR, deal wiih such successor w successw in in:_-==~ ;,ith reference to this mortgage and the debt hereby setured in the same ma~ner as with Mortgagor without in any way vitiatirg ot discharging the Mortgagors' liability here- under or upon the debt hereby secured. No sale of Ihe Fremises hereby mortgaged and no forbearance on tha part of the 1~10R7GAGEE or its successo~s o~ assgns and no extension of fhe time for the payment of tne debt hereby secur¢d given by the MORTGAGEE or its successws or assigru, shall operate ro rcleau, d~scharge, modlfy cha~ge w affect the original liabi~ity of the MORTGAGOR herein, either in whole w in part. _ 10. It is spec~fically egreed that time is of the esxnce of this contract and that no waiver of any obiigetion hereunder ar of tha oblgation se- I cured he?eby shafl af any tirhe thereafter be held to be a waiver of 1he te~ms hereof w of the instrumeM secwed herby. I 11_ In add:tio~ to the fwego'ng monthly payments of princ"pal and interest required by the prom;ssory no!e secured hereby, mortgagor tovenants and agrees to pay to mortgagee with each monthly payrnent an add~rional sum esumated by mortgagee to be eqval to i;`i2 0( the annuat cost of the follow- i ~ng' A-AU real property taxrs levied w assessed agai~st the above described real estate. ! B-Premiums on iire and windstorm insurance as herein requ;red to be carried oo the improverreeMS situate on the above described pre:*'ises, C-Premiums on such mortgage guaranty insurar,ce as mortgagee shall from t:me to tiine deem fit to carry on the ioan secured hereby. Matgagee sfiaii from ~ime to time notify mortgagor i~ writing of tl~e amourtt due and paysble hereundrr ar.d such sum shall thereupon be due and ~ payable on the due oate of the next monthly payment and each successive month thereafter ur.tit mortgagee shall notify mortgagw of a change in such amou~t. $vch sums sh.a!! be applied by mortgagee toward the payment of real property taxes, insurance prem;ums, and mortgage guaranty insurance premiums. ; IN WITNESS WHEREOF, the said MORTGAGQR has hereunto set his hand and seal the day and year iirst afor said. igned, Sea~ an delivered in fhe ptese of: , ~ 1'~: ~~2@88@8 88 ti0 8~$x18ti111't sn , Of Willie J• Stoloes an - i+iitn~sses as to signature • o s s~,o ; ot Miriam D. SEoloes _ , , --;xa~ ' ruriam . 5 ~ STATE OF fL IDA `i.stii~..~", ; s COUNTY OP ?r~_~raci~ ~ ~ `~~~,1 i'~~~~ ~'~tff,: . . G. . . ~ . . ' ~.s . . . ~ ~ Ml.riam D. Sto~lres << r°~~ •,-•~-i , Before me personaliy appeartd - ~ ` ~ to mE weq imowhand- Q~}~ •e L~isA~. rhe individua~ described in and wi~o executed the iwegang instrument, and acknowledged before me that ~hey executidZFie~ 3bd~yr~s'- therein expressed_ ' ` = ~ ` ; ~ = - , . ' • WITNE55 my hsnd and official seat thi da of ~ t ;;~tery R:b K. Sta1! Of pOrid~y it ~cl~`L , Nty Con;nus~on Expires Au . 6 • j~q~yyp~~~a Notary Pvbli ~n and fw t Stafe ~f~Ft'or~~a~ l~rye f 'rTITH THE AI~ FORCffi OF 1'AS UI~I1'~ STA?FS ~n tbis 25th d~y of ~b~='y 1970~ belore 'es ~ g enneth 1? I,owe CP , ths underaigrrad oftieer~ perso appeared ~illie J Stokes CPT SO aWn to ae to ba ser~ing i in or xith, or whose dntiss rsqui:+e his presenca tirith t~e ar~ed forcea ot tbe United Statss, ~ and to be the peraon tirhose nase is subecribed to t2~e xithin 3nst~ent, and aclmawrledged t~at ~ he exeeuted the same for the purpoae tberein contair~ed~ aUd the ~md~ers3gAed doee turther ~ certf~r that he is at tbe date of this certi!'icate a coa~ciseicned oYficer of the stated belaw and 3a iri the a~tive aenrioe ot the armed forces oi IInite tes. SE'1V~N : i~ FiRST FEDF.RAL p~?via~s d~ Loan Aeeociati'o~ 3 ure o a siane o cer Oi Fort FterCe, Fl~ gI~TNIsTH 1/ IAt~~ CPT~ /l~~R~ Ad jutaat or caaeissioned ottiear c or J;~ braach ot eerrice to vhich oPficer ia atl.ached : _ _ - - - - - n,.. " 3