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1. To p1ac~ ~nd contin~ously kesp on ~!k bv~fd~n~s aow a 1~.~afiK utv~t~ o~ ti~~d lanci ~nd on afl equ~pn+eM ~nd pe~wr+~~ly tove~ed bY thii enatq~
with ~11 prrmiums the.con pa~d in lui1, Icr~ i~s~~+nce ~n ~M ~suat s~a~dard po~Ky tam, in • sum ~pixo~ed by tl,~ MORtLaGEE, and windstam
lnswx?c~ i++ tM vsual t~anda.d po~+cy 1am, in • sum app~oved by Nw MORTGAGEE, ie~ tuch company w cw++p+R~es ~t tM MORTGAGEE rnay
duecet and all fu~ aod w~ndsrorm inswuu~ poliues on u~y o( u~d build~n~s, My iMNNI f~Ntlin W pNl tFfttlpl, io th~ aQgrcyat~ wm ~faeaaid w
M~xceu Ihereof. qwtl contain 1he uswl ~i~ndard ma~9a~ clauit or i~ch orhe~ c7ause u tM Mat~~Qee may requae. m~ki~p ~he lou u~de~ sa,d poli~
ci~s, each ~nd ~vay, parabl~ a s~id MORiGAGEE a~ its interest may ~pp~+~, u+d exh and ~very such po~~cy si~all be p.omp~iy ~u 9~ed a~+d delivered ~o
~ny held by sud MORtGAGEE as (ur~he. secur~~y ~o said ma~~a9e dsbt, and, no~ ku thae ~~n (~Ol days in +dw~ce of the expirar;on of each po1Ky, to dr
I~vN ro said MORiGAGfE • n.~ewat the~eof, ro9erhN with a rtte~pl fw tAe pr~+nium of tuch ~~newal; and ~here iha11 be no f~re w w~~.di~orm i~w~a~ce
plKed on ~ny of iaid bvildinps, sny interett thetein w pa~t thereol, unleu in the fwm ~r+d with 1M bu payabk aa ~(cuesaid; end in tht event ~ny sum ~
of rnon~y bccomes payable wnder such policy a potKies said MORTGAGEE shall haw ths opt~on fo receive and apply tl,e same on accoum of the indab~ed- ;
neu 1ecu~ed he.eby o? 10 permil iaid MpRTGAGORS ro reociw and us~ it or any pa~1 thereof ior oti~rr pwposrs. .v;iho~t tha•.u~ waiv~..~ o~ unpai.. S
ing aey eqvity, litn a right wxla o~ by v'utue of this mo:epa9e; ~r+d in the even~ wid MORTGAGORS shaSl iw any reason fai) to keep the sa~d pemise~ w ~
insurcd, q fail to d~liver promptly any ol wid policies of insurant~ to said MORIGAGEE, o~ fail ptomptly 1o pay fu11y ~ny prem~~m ~he~efp a in any
resped lail ro pe~(orm, diuharye, execute, ~ffect, complete, comply wilh a~d abide by this coverwn~, w a~y parf hereof, sa~d MORiGAGEE may pl~cs and ;
paY fw such inwrance or ~ny part thareof without waivirg w affectiny a~y option. lien, eq~ity, w rlghf u~+de. o~ by virtue of ihis M«~ga~e. ~nd tF?c ~
fvll amounl of e~th and every such psyma+t shall be iirrnediately due and payable and sMll bear inte?es~ from ths date thereof ~n~il paid a~ the r~te ot ~
nine per centum pe~ annum and to~ethcr with suth inrerest shall be secu.ed by the lien of this mort9aye. ~
4. To permit, comrn~t or suffer no waste, impairment w detcriwat;on of wid prope~ty a any pa~1 tlxreof.
S. To pay sll ud s~nQ~ta~ 1M costs, cMrges e~d expenses, including s reaso~able attwney's fre and costs oi abslracts of title, incurred a paid a~
any time by said MORiGAGfE, because w i~ the eveM of the faiiure on the part of the said MORTGAGOR ro duly, promp~ly and fu~ly perform, d~uharge,
execute, effed, complete, comply with and ab:ck by each and every tF+e stipulations, ag~eeme~ts, conditioru, and covenants of said promisswy note and ~h~i
' mortgays any or either, and sa:d costs, charges and expertses, each ar+d every, shall be immediate:y due and payable; whether a not there be no~ice de-
mand, a~tempt w colkct or wir pend~ng; u?d ~he fuil unwnt of each and every such paymM~ s1+a11 bea. in~eraa~ irwn /he dste thereof w+~+! pa~d s~ ihe
~af! O~ ni~ per ccntum per annum; and aN said cosrs, chaigea and expenses incvrred or paid, together w+th such imercst, shatl be secured by the lie~ of thw
monyage. ~
6. Tha1 (a) in fhe event ef sny brcacfi of this Mwtgage or default on the paA of the MORTGAGOR, w(b) in the eve~t any of satd s~ms of mw~ey
herein referred b be not promptly and fully paid within thirty (30? days nenl sites f}~e same severatly become due and pay~ble, withovt demand or notite,
or (c~ in the event each and every the st~pulations, agreements, cond~fans and coven~nts of sa:d prorniuo~y note and th~s mortgage any or eitl+er are not
lvly, prompNy and fu:ly perfwrned, d~xharged, executed, effeaed, completed, tomplied with and ab+ded ~y, ~hen in e~ther or any such eveM the said ag
gregata wm mentio~d in said p~omiuory note then remainirg unpa~d, with interost xcrued, and all maneys setvred hereby, shall betome due and pay- !
abte fathwith, or tllpfNf~N~ at the option oi said MORTGAGEE, u fully and completely as if all of the sa~d wms oi money were orginally st3pvJated
to be paid o~ s~th dsy, anything i~ satd promiuory nofe a in rhis Mortgage to the contrary notwithstsnding; a~d thereupon w thereaittY ~1 the option of
said MORTGAGEE, wi+hout notice w demand, suit at law w i~ equity, there(ore w tlxreaher begun, may be prosecWed u if a;l nwneys setured hereby
had mstu~ed prwt to in irotitution.
7. That in the eva+t thaf at the beginnirg of or at any time pe~di,g, any 3uY upon this Mo~tgage, or to foreclos~ it, or to reform ir, or to e~faHCe
paymenf of any claims herev~der, said MORTGAGEE sl»II apply to the Coua~ havi~g jurisdiction thereof fw the appointmenl of a Reteiver, such Cou~t sha~l
Forthwith sppoiM a receive? of said motlgsged proQerty all atK! singuAr, inctud~ng all and singular t1+c irtcoma, profiri, Fssues anti ?evenues from whatever
source dcrived, each and every of which, it being expressly undtrs~ood, ia hereby mu~gaged as if spec~fically xt fa~h and dexribtd in the gran~ing and
ha6eodvm clauses hereof, and such Receiver shall have ~II the broad and effective funct~ons and powen in anywise entrusted by e Cou~t to a Receiver, and
such appointment shatl be made by such tou~t as an admitted equify and a matter of absolute right to said MORTGAGEE, and without reference to the
arleqvacy o~ insdequacy of the vatue of tl+e property mortgaged w to the wwe~+cy or insolvency oi said IVIORTGAGOR a the defer~dann, and that such
renn, profin, incane, iuues and revenues shaU be appiied by such Receiver according ro the tien or equity of said MORTGAGEE snd iFie practice of wch
Covrt.
8. To dvly, promp~ly snd fully perform, dixharge, execute, efiect, complete, comply with and abide by each and every the stipuEations, agreements,
condirans and cover?ams in sa~d promiuory note and this mortgage set fwfh.
9. That in the eveM the ownenhip of the mortgaged pKemises, o? any part thereof, becwnes vesfed in s person other than the MORTGAGOR, the
MORTGAGEF, in succeuws snd suy% may, without notice to the MORTGAOR, deal with such successw or successor in i~terest with reference to thi!
matgage a~d the debt hereby setv~ed in the same manner as with Mortgagor without in any way vi~iating p discharging the Mortgagors' liability hert
under or upon ttx debt hereby secured. Nb sale of the Fremises hereby mwtgaged and no forbeara~ce on the paA of the MORTGAGEE w its successors
or auigra and no ex~r~sion of the time for the payment of the debt hereby secured given by the 1NORTGAGE~ or its succeuws o~ au~gm, aiwll operate
to release, diuharge, modify change or affect the original tiability oE the N~RTGAGOR herein, either in whole or in part.
10. ft is spec~ficaUy agreed rhat time is c+f the easence of this contract and Ihat no waiver of any obligation hereunder or of ?he obligst~on sr
cured hereby shall at any time thereafter be held to 6e a waiver of the terms hereof or of the instrument secured herby.
11. In add~fio~ to the fwego:ng monthly payrtwnts of princ pal and interest required by the promissory note secured hereby, morigagor covenants
and agrees to Fay to mostgagee with each monthty payrtxnt an addirional sum estimated by martgagee to be equal to IJ12 of the annual cost of the follpw-
iny:
A-AII real property taxez levied or assessed agai~st ~he above deuribed rea~ estate. .
B-Premiums on fire and windstorm insurance as heretn requ~red to be carried on tf~e improvements situate on the above d-scribed premiaes,
C-Premiums em such mortgage guaranty inzurance as mortgagee shali f~om time to timc deem fit to tarryr on the loan secured hereby.
Mwtgagee shall fiom time to time norify mwtgagcr ;n writing of the amouM due and payable Fxreunder and suth sum shall thereupon be due and
Fayable o~ the due date of the next monthiy payment and each successive mo~th thereaiter ur.til mortgagee shall notify mortgagor of a'change in such
amount...$ush sums sha!( be applied by mortgagee toward the payment of real property ta:es, inwr prem. ms, and mwtgage guaranty insurance
~remi;e~11l:ei~f~ti ~ ~ T
R~~~t~ ~[t-~IT~E ~~REOf, rlx said MORTGAGOR has hereunto set his hand and seal the y and year ' t aforesa' ~tsi`Y
. drt~ -n presence of: . BE F2G R~ I . /
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STATE~' ,'~;~LORYDd- COUN1Y OF ~.`QC~~ ST. LUCZE
~,~.~.-R.- : r,~
! HEREBY CERTIFY, That on this f~ ~ day of Decemter ~ q p ~q 70 ~
, before me personally appeared - Ron~ld F3eruez ~ -
~
Vice Pr~II'+~~ • .~'m.T , of
A. E. ~3Ei2GER~ I~. ~ an ILLi';~;~- Corporation, to me
known to be the persory described in and who executed the foregoing instrument, and ~iy acknowledged the exe-
cution thereof to be t~bfr free att and deed as such officery for the uses and pursoses iherein n~;; ~.iha3.lhe~ '
,~',I +r ~~s, .
affixed thereto the official seal of said oorporat+on, and the said instrument is the act a~d de~: ~R:~''9ptp~it6tior~,
y
WITNESS my hand and official seal at ROrKRKI~XSt .L~c ie .Flor ida , fy a~ v~,
~
said c.oun ,
' instrument pre~ared by 2~~~0 ~ ' ' ft'~i'~J t? *t : !
" ~ocaas A . Driscoll F LED AN~ RECQ,~ • - ~ • _
.~rst Fecieral Savings.and L~ IECOI~Nii Notary Public, in and for State ari~ ` : ~
,~~c ~ t i on of F or t P 1 er e ER r01T11Ai My Commiuion Expires: .,~v
- ~ ~ CL RR CIRCpIT QOWIT - , ~r :-t;=+. ~ t . ~
, i P i~ rc.e, F lo ri da RECOltD YER1i1E0..~..~~ ~~.=Lr~,'` ~6~~ `
/2 -3 -7! _~1,~..~.^. ~ _
Checked By DE~ ~ ~ ~ ~ f ~ t~o ~ - ~
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~ 600K 189 PACE 6~
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