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Home My WebLink About2972 (BtaL~ o! ~lo~ida docv~eaLat~r sl~s iet Lhf a~amt rsquiredb~ lav ars atfi~d to Lt~e oriaiaal o! tse t+oare~ir~ a~t~ ao~ caoceled pursuan~ to ~av. j Aod sball du~1, P~'~'~~.1 ~~1j.1 P~~~, discdar~e, eioeCUt,t, ~ft~ect, cc¦~l,ett and cc¦~1y vitb add abi8~ by e~cb ~o~d rnsry tDe stipulstioos, asreeaent~s, ; cooditia~s sad c~nrea~ata of said pra~isscary mtre ~nd ot this nort~a~t, thea this ; ~orL~s~e aad tt~e estste 6ereb~ created shall cwe and be mill aad ~r+oid. ; r Aod the Mortg~or careaaats atid agarees to sad vith tbe Mort~agee aa follroxs: ~ , ; ~ 1. Be vill pe~? tl~e p~incipsl aad intereat and the various and aundry svees i o! ao~ey pe~rsble by virtve of said proaissor~ note and tbis ~rt~ge pro~pt~y on t-.6e i aays the saae beca~e due and he vill p~~t1r1 Perfon~ and ca~pl~? vith esch aad every t otl~er cavenant and agreeaent in snid proaisaorr note aa~d ~prtg~ege . 2. 8e vill pa, t2~e ta~ces, essess~ents, ].eeries, liabilitiea, obli$ations +da~d incuobrances ot e~rery naLure aad kind nav on ssicl 8tscribea pTOperty, or that t~reafter a~e4y be iaposed, aulYercd, P~, le~ried or aasessed thereon, or the?t bere- after ~ey be levied or essessed u~pon tbis aartg~e or t~e indebtedaess secured hereby, vben due and peyabl,e according to lav, befort tLty beca~e delinquent, and belore a~r interest attaches or a~r per~s,lt~ is incurred; end in so !ar as a~pr thereof is of record t6e seme shsll be pr~otptly satisfied snd discha,r~ed of record ead th~e original oPticial docu~eat evid~encing such satislaction and diachar~e shali be piaced in the hands of said i+jortgagee Within ten dsys ~ext after payment. 3• He vi11 keep the i~pravetients avv e=isting or h~reaf'ter erected on the n~rt~ged property insured ag~inst loss by fir~ and othe~ hazarde, casualties and coating~er~cies in swch a~ounts snd for swch periods ss me~y be required by Mortg,agee . Al1 insu~ance sba11 be carried in cavpsaies appmo~ved by 1~ortp~egee and t~e and renevals thereof shsll be held policies by Mort6agee a~ hen?e attached thereto loss pe4Yable clauses in favor of and ia fora acceptabLe ~the l~ort~agee . In event of loss he rrill give i~ediate notice by sail to Mortgagee, yort~a~ee ~,y make pr~oof of loss if not aade pra~ptly by~ Mort~gor, aad each insurance cavp~rqr concerned is heraby sutborized aad directed to aelre p~yaen~ for su~ch Lass d~rectly to Mort~agee instead oY to Mort~agor sad Mortg,a~ee 3ointly, and the insmca~ce pruceeds, or at4r part tl~ereof,me~y be applied by ~+lort~agee at its aption either to the redwction of the i~rdebtedness bereby secured or to the restoration o~r repeir of the property daffig~ed. In rv~ent of foreclosure o! this mort~age or otl~er transfer of title to the s~rtgAged ~?mperty in extinguisY~ent of the indebtedtiess secwred hereby, all right, title a~d interest of the Mortg~gpr in an~d to anpr insuraace policies then ia force shall pass to tbe purchaser or grantee.. Be vill perait, ~sit, or sufter no vaste, iapaiiaeat or deteriqration af said prvperty. or a~r part thereof end vill keep all buildings and impro~v~ements nov or hereafter on said praperty in gpod r~peir sad vi11 me~lc~e su~ repairs ~ich Mort~agee in his discretion shall deen necessaxy for tbe p~roper pr~servation of.said buildin~a sad ispro~veaents. - 5. He ~'ill'pay all and sin~ular tbe costs, charg~es and expenses, including s~essanablt attorney's Pees, cost of abstracts of title and title searcbes fncurred or paid at aqy tiae by tbe Mortgag~.~e because of the tailure on the part of tbe Mortgsgar, pro~ptl,y snd lttt~y to pertor, the agz~sents and cavenaats ot said ~ote aad this ~ sarL~ege, aad said costs, clmrg~s and e~cpenses ahell be i~ediately due aad pe4yable and shall be aecured by the lien of this aort~e, sad such ezpeaditures sball drav ; interest at the rate of eight per ceat~ per annu~. i ~ 6. T'hat (s) in the event of arp breach of this mortg~c or default oa j tbe part of tbe Mort~or, or (b ) in tbe eveat aiqr of said s~s of ~oney herein referred to be not pTO~ptly and t1i11y pe~id vit2iout demsad or n~tice, or (c )~in tbe event the stipulat3ons, sgreeaents, co~ditions a~d cavensats of saia aote sad this ~ort~e are not du~y, Prespt~j* sad 2til-lY Perforaed, -thea in either or a~r such event, the ss3d aggregate stm aentioned in said note tben re~ining unpaid, vitb interest accrued to tbat tise, and s11 noneye stcured bereby, shall becooe du~e and ~ peyable lorthvith, ar tberea!'ter, at th~ option o! said Mbrt~ee, as tully an~d t cc~pl,ete~y as if all of tbe said surs ot aonry ~ere originally stipulated to be paid on sucb d~r, Aaything in ssid note or in this aort~e~e to the contrary notvithstanding; and thereupon or tberea!`ter, at the aptian of aa3d Nort~e~gee, vittaut notice or demc~nd, suit at lav or in equit~r, a~eUr be pi+osecnted es ft a11 mQneys securad berEby had aatured prior to ita institutiaa. 7• Tbe Mortga~ee aq~, at aapr tiae vhile d suit is pending to foreelose or to refor~ this aort~s~e, or to enforce aq~ clais~s arising bereunder, e~rply to the court having surisdictian thereof for tbe appointaeat oi a receiv~er, nad such court aball forthvith a~oi~ a receiver oi tbe presises ead all other property covered h~ereby, iacluding sll aad singvlar ttie incw~e, ptvfita, rents, iasues aud 3~iD Fb:s N-29t'~i (9-12-60) _ 3 _ . a~i89 ~ ~ _ . ~r~__ _ ~ _ _ . „ . _ . t _ . :