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to plac~ ~nd contlnuously kNp on tht buildinps now ot Mresh~r sitvu~ on said land and on +fl equipmeM ~nd p~na+ally covaed by this mortp~
p~, wi~h ~ll premiums ~hereon psid ~n fvll, fir~ inwrance in tM uiwl sundard policy fwm, in a sum approvad by tM MORTGAGEE, and winditorm ~
i~wnnce tn tM tnwl standard policy fam, in • ~um ~pproved by tM MORTGAGEE, i~ tuch comp~ny w ca++W~ies ss the MORTGAGEE msy
dinttt ~nd all fln and wind~twm insvranc~ policits on any of said buildinp~, ~ny interpt tFwrein ot pu1 thereof, in tM aygreyat~ sum afatsaid o~
b~:cess Mereol, sMll conrain ths uswl standard mort9~ cl~us~ w:uch otMr cla~s~ u tM hlort9sgee may nqu~r~. makirg the lou u~da said po1i~
cia, esch and tvery. psYabh ro sald MORTGAGEE as ib inte~at may +p~»+r. and eash and every such policy shall be promptly ~u:qned and delivered to
~ny Mld by said MORiGAGEE as further setv~ity to ~aid mortps~~ debt_ and, nW kss than ten (10) daYS in advance of the expirotio~ of each policy, to d~
IivN to said MORTGAGEE a renew~l therwf, fopetMr with ~ r~csipt for the premium of wch renewal; a~d there :hall be no fire or winds~am insursnc~
pl~ud on ~ny of said lwildings. ~ey intertst thertin or put t~aeof, unleu 1o tM form snd with tM lou payabk as aforeseid: ~nd in tl+~ ewnt any tvm
pf mpn~y ~p~y pay~bla ~nJe~ wch policy p pplicin s~id MORiGAGEE shall have tM opYwn to receive artd apply tho same on account of tM i~debted-
Mu secw~d hereby a w psrmit said MORTGAGORS to receiw u+d we it or any part thereof for other purposes. wi~hout ~h~+eb,r waivi,.g o. unpair-
inp any p~ity, li~n a~qht unde~ or by virtw of this mortpape: ~nd in ~he ~veM sa~d N!7RTGAGORS sha~l fa sny r~ason fail to keep the said premises so
inw~ed, w fail w delive? promptly any of said policies of insuranu to said 1MORTGAGEE, w fail promptly to pay fully a~y premium therefw a in any
~espac~ fail to p~rfwm, d~uhuye, execut~, effsct, complete, comply with and abids by thts rnverwnt, a sny part hersof, said MORTGAGEE m+y place +nd
psY fw such insvranc~ w~ny part thereof wirho~t waivir?p or affectirg ~ny option, lien. eqvitY, w rigM under o. by virtw of ~his Monys~, and the
full amount of sach a~d ~v~ry such payment sh+ll b~ emmediataly dw and paysble ~nd shall besr intereat irom tM date thereof until paid at th~ ~at~ oi
nine per cenwm per ar!num and together with wch interest shall be secund by tha lis~? of thia mortp~ge.
1. To permit, oommit or wffar no wule, imp+'ument w dete~ioretion of sa~d property o? aey put thereof.
S. To pay a:l snd sinpulu tl» msn, charpes and ~xpu?ses, includiny s reasa~able attorns~ i fee and cosn of sbstracts of title, incurred w p~id ~t _
any time by said MOltTGAGEE, becwse or ths ~wnt of ths failwe on ths part of ths a~id MORTGAGOR ro duly, promptly and fvlly perform, diuhar94
•xecut~, effect. complete, comph with a~d ab+de by each ~nd every the stipula~ans, agreemenn, conditions snd covenann oi said promiuory rate and th7~
mwt9ape any or ei~he~. and said cos~s, chuyes and ~xpenses, cach ar+d every, shall bs inwnediately dve ar+d payabte: whether w ~ot there be notice da
msnd, attempt to oolkct or suit pendirg; and ti» full aino~nt of eath and every u+ch payme~t shall bear interest from 1he date thereot until p~id N the ,
rate of nine per centum per an,wm; and all qid oosts, chuyes snd eapsnses intv~red o~ paid. together with such intarest. ahall be secured by the lien of lhit
mortys~.
6, Th~t (a) i~ the evcnt of any blsch uf tha Mort~ape a defa~lt on the pa~t of the MORTGAGOR, a(b) in the event any of sa~d sums of money
herein referred to be not p?omptly and fu11y psid within thirty (30) days ~ext after the same severaNy betome due ~nd psyable. withoul dernand o? notice.
or (c) in the event each a~d every the stipvlalia~„ sgreements, corxlitiorts and covensnts of sa:d promiuory eo~e and this mortpaye any or either are nW
fi?y, promptly and fully pertormEd, dixharged, exewted, effected, compkted, compl'~ed with and abided by. then in eithcr or any such event the aaid a¢
pre9ate sum mentioned in ssid promissory note fMn remaininy unpaid. with iNerest xuued, and all moneyt setured hereby, sAatl betort~e dw ~nd pay~
able fwthwith, w thereafter. ~t the optan of said MORiGAGEE, u fully ~nd completely as ii all of the wid wms of ma+ey were orginatly stipulated
ro be paid oo such day, anything in said promissory note or in this Mort9a9e to the contrary notwithsqnding; and the~eupan w thereafier af the option of
said MORTGAGEE, withow notics or demand, wit af law ot in puity, iherefwe or the~eafter begun, may be prosecuted as if all moneys seaired hereby
had mat~ed pnOr to ib institution. '
7. ihat in the event that at the begir.ning of or st any time paxlir+g any wit vpon this Mortgage, w to fweclose iT, or to rcfam it, w to enforc~
payment of any claims here~?nder, ssid AhORTGAGEE shall ~pply to the Court h+ving jurisd7ction thereof fw the +ppo~ntment of ~ Reteive?, such Court shall
forthwith appoint s receive~ of said matyaged property all and singubr, includmg all and singvlar the income, profits, issues and revenues from whatever
aource derived. each a~d every of which, it beirg exprasiy understood, is he~cby mortgaged u if specitically srt fath and destribed in the 9wntinp and ~
Mbendum dauses hereof. and s~ch Receiva shall have all the broad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, snd
wch appointment shall be made by wch Cowt u an sdmitted equity snd a matter of absolute right b said MORTGAGEE, end withoul reference to the
adequsty or in~dequacy of the value of the prope?ty mortgaged or to the sohrency or inwlvency of said MORTGAGOR w the defendann, and that such
renn, profits, income, issues a~d revenues shall be applied by s~ch Receivcr according to the lien w equiry of said NIORTGAGEE and the prsctice of such
Coatt. ~
8. To dvly, promptly and futly p~rfor+n, dischuge. ex«ute, effect, compkte, comply with and abide by'each and every the stipulatio~s, agreements,
cw~diiroro and covenams in said promissory rwt• and this mortgsge set fwth.
9. That in the evmt the ownenhip of the mortgayed premises. or anY paA thereof, becomes vested ie s person other than the MORTGAGOR, ths
MORTGAGEE, its succeswn and auigns, may, without notice to the MORTGAOR, de+l with such succeuw or suttesaor in interest with reference to this ~
' mprtgage +nd tFK debt nereby secured in fhe ssme manner ss with Nbrtgagp without in sry way vitiating o? dixharging the Mortgsgors' lisbility here-
under w upon the debt hereby xcurcd. No sale of the premixs hereby mwtgaged a~d no fwbearance on the pah oi the MORTGI~GEE w its successon
a assi9ns and no extension of the time for the payment of fhe debt hereby secured yiven by the MORTGAGEf or its successws a assigr?s, shall operate
1o rele~se, dixhar9e, modify cha+ge w affect the wginal liability of the MORTGAGOR herein, either in whole or in psrt.
10. It is specifically agreed ~hat time h of the euence of this contrxt and that oo waiver of any obl~gation hereunder or of the obligation sr ~
a?red hereby sFwll at any time thereafter be held to be a waiver of the terms hereof or of the instrumeM secured herby.
11. In add~tion to the fwego:ng mor~thly payments of p~int pal and interest required by t!x prom~ssory nore setured hereby, mortgagor tovenants
and agrees to pay to mortgagee with each monthly payment an addirional sum estEmated by mortgagee to be eq~al to 1/12 of the annual cost of the follow-
~^9~
A-All real propert~r taxes kvied a assessed agsinst the above described real estate.
B-Premiums on fire and windstorm inwrance as herein requ'ued to be carritd on 1he improvements situate on the above desuibed premises.
C-Premiums on such mortgsge guaranty insurance as ma?tgagee shsll irom time to time deem fit to carry on the {oan secured hereby.
` Mortgagee shall from time to time nolify mortgagor in writing of the amount due and payabk Fxreurder and such wm shall thereupon be due and
payable on the dve date of the next monthly payment and each succeuive month thereafter urtil mwtgagee shall notify mortgagor of a cFwnge in suth
amount. Such wms shall be applied by mortgagee toward the p+ymcM of real property taxes, insurance prem:ums, and mortgage guaranfy insurance
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PCM~IUf11f.
IN WITNE55 WHEREOF, the said MORTGAGOR has hcreunto set his hand s~d seal the day and yea~ fint aforesaid.
Siyned, Seaied a delivered in the presence of: . .
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STATE Of FLORIDA "
COUNTY OF •Sti I~LL~@ ~ S5. i
eefae me person+lly sppeared 1~Yl301(1 ¢~llbOt.t'18111 • ~nd ~
~'i$ ~~~~O~ih8L1 his wifc, to me well known snd known ro me to bs ~
the individwb described in and who executed the foreyoug instrum~nt, and ackrwwiedped befwe me thst they executed the same for the pwposes
Il~nein exprested. Md the said DOI'~3 ~.$~.IlbOf'it1R1R
wife of the said ~I~lOld ~$$~Y1~0~18~ upon s sep~~at~ ~nd privat~
examinatan by me taken teparate and apart from he? said husb+nd, acknowledged to a~d befwe me that she execvted ssid imtrument freely and volwr
ra:ily and without uiy compubion, constr~int, appreheroion, `or fear of w from ha said husband.
WITNE55 my hsnd and officisl seal thi~ g`~~'Lf~ day of ~ A. D. 19 70 i
` a ic in snd fw the Stau of Fbrida .t Larp~
a•.r,+z.-5f. .
~HINN~~ e~~
Retum Ta ~ . ~G AAT6 OF FLORIDYI AT ~JIq6E
First Federal Savings 3 loan Auociation Y~~`~~~~F~O~r~~~ MYl ' ON D(PIRES SEPT. 23, 197$
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Of Fo~t PierCe. ~`~'~S / ~ ~ ~ ~
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F«r PcN«. Fbrida : N;•~:'~•~,~ = c~ " S~. LUClE C CORDEp ~ '
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.r_ ..~.:,:~i-~ ~929~?//?~~~y~~ED
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This Ins4rument Prepa~ed Sy Johtl W. CO ' #~-2 s Q,: f'': ~u'' M~+ S
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First Federal Savin s b Loan Association % 1 r~ . 36
of Fo Pierce ~ F1ol~'l.d8 ~1,, ' ' ; ~ ~ •
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Checked By , CLfRK ClRCUIj COURr~ ,
b00R1(~O~ ~JIC~~~~J . pa
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