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3. To plate and continuo~aly keep on fhe build~~gs now o~ hereaitar •ituate on said ~and and on al~ cqu~p~nen~ acd persona~ly covered by thii mortg-
ege, with all premiums thereon pa:d in full, t~re insurancr ~n the uwal sta~~da~d po.~cy form, io a wm aFproved by thr h10R~GAGEE, and wir.dsro~m
~nsurance in the us~ai sranda.d poLCy fam, in a wm approved by tht MORIGAGEE, in such compeny or tompan.es aa the MORTGAGEE may
d~rccl; and all (i~e and w~ndstorm insu~a~ce policiea on any of sa~d bu~ld~ngs, any inttrest therein or par! thereof, in the a99rcgate sv~n atwesaid w
in exceu thereof, shall co~ra]n the uava~ standard mortgagee ciause or such o~her clause as ~he Mortgagee may requ~rs, ma?~ng the Ioss u~xler s~~d po~i-
c~es, each and evcry, payab!e to said A\ORTGAGEE as its ~nterest may appea~, and cach and every svch po +c~ sha~~ be p~ompriy ass g,~rd and drlivered to
any held by said MORTGAGEE as fu~iher srcurity ro sa~d n~o~~gage debt, and, not lesi than ten (10) days in adrance of the exp~rahon oi each pofcy, ro de-
I;ve~ to ~aid MORTGAGEE a renex-al thereof, toge~har with a rece~pt tor the premwm of wch renew~l; and ihere skafl be no f~re o~ w~~~ds+o~m insurance
plated on any of said bu~ld~ngs, any interest the+ein or part ~hereof, un'.ess in the fonn arid with the losa payab!e as aforeaaid; and in the evrnt any ium
o{ money kxcor*:es payable under such policy o~ policies said MORTGAGEE shall have ~he opT~o~ to rece+ve .,nd app:y the san~e on account of the i~~drbted-
ness secured hereby o~ to permit said MORTGAGORS to recriva and use it or any p.,rt ~he.cof for o:~~rr pun cses, ;..iho.:t ~hr~ u; ~3 0~ ~+:~p~~~• ,
ing any equ~ty, lien w r~ght under or by virtue of thii mortgage; and in ~he even~ sa.d A10RTGAGORS sh~ll tor any re.jaon fail to keep the aa~d premisrs so
Inwred, ot fail to delivar proniptly any of said polities of insurance to sald MOStTGAGEE, or fa~f prompt~y to pay fully any pre ~~~um thcrefoi or in a~y
respect fail to pe~(o~m, discharge, exec~te, effect, complete, compiy with end abide by th~s covenant, or any p~rt hereof, sa~d MORTGAGGE may piace and
pay fw such insurante o~ any part thcrtof w~thout waiving w affecting any opl~on, lien, equily. or ri3ht under or by virtue of ihis Mo~t~age, a~d the
iull ~mount of each and e~ery s~ch payrnent ahall be immediafely d~e and payable and shaH bea~ inter.st trom tha date thercwf untlt paid at the ra~e of
n:ne per teroum per annum and to~rther with such inte:eu shall t~r secured by the iien oF this mortgaga.
To permil, tommit ot su(fer no waste, impairment w deteriorat~on of said praperty ot any part thereof.
S. To pay al! and sing~lar the costs, charges and expe~ses, including a ~easonable atloiney'3 fae and costs of ahstracts of titte, incu~*ed or paid at
~ny tim.e by sa~d MORiGAG.E, becauu w]n the eveN of the fa~iure on ~iie part of the s~id MORiGAGOR to du:y, prompdy and fv;ly perform, d~scharqe +
:.ecute, e(fed, comptete, comply w~~h and ab de by each and rvery ~he st~puianonc, agrce~nents, cond~hons, and covenants of ia~d pran~ssory note and th~~ ~
,,ongage any or e~iher, and sa.d coats, char9es and enpenses, each and every, shaH be immrdiatcl~ d~e and payab:e; Nh~~her or r.ot rhere be nonce dr
mand, attempt fo cO~~ett or suit pend~ng; and the lull amount of eath aeid every wth paymrM shall bea~ intarest from ~he date thereof u~til paid at Ihe ~
~~te os nine ptr cenrum Exr annu:~r, ond a~t said cests, charges and e:pe~uea inturrrd or pa~d, Iogrther w~~h wch mte~est, shall be secured by the 6en of this
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mortgsye. j
6. That (a) in the eve~1 of any breach o( this Nlortgage or defa~~t on the part of the MORTGAGUR, or ;b) ~n the event any oF sa:d sums of money
herein refened to be not promptly and !u~ly pafd with~n th~r~y ~30! days ~ext a'rcr the sa~~e scvera`:y l~rco~»c due and payeb!e, without demand or notice,
or (c) in thr event each and every the stipulat~ons, agreements, cond:t~ons and covenanrs of sa.d pro~n~swry nofr and th,s mortgage any or either are not
~~!y, promptly a~d fully oerformed, d~scharg~d, eaecuted, effected, canpleted, compi~ed wrth and aL~J~d `ay, ~hen ~n e~tlxr oc any auch event the sa~d ag-
aregate sum menr~oned in said pro-r,issory nore thrn rerrai~ing ~npa~d, •Ni~h irorrrsr ac:rued, and a~i mo~cys ucured hereb~, shall become due and pay
eb.e forthwith, or thereafter, al the oprion of sa~d MORTGAGEE, as fu~ly and complNe~y as i( a~l ef ih:- sa:d sums of money wcre w~gmnily snp~lated
to be pa~d oo such d.:y, anylhing in sa d pro:n;ssory note or in this Mortgage ro the contrar~ ~ut.vnhsta:,d.ng; and ihereupon or thcreafter a1 the oprion of
s~.d MORTGAGEE, w~thout not:ce o~ demand, suit at law or in equ~ty, therefore or thereaSter begun, may be prose.~~ed as if all moneys secured hereby
ned maNred pnor to na instit~tion.
7. That in the evrnt that at the beginn~ng of or at any time pending any su~t upon tlz~s Morfgage,•o~ to forrclose +t, or to reform it, or to en(orte ~
payment of any ciain~.s he~eunder, said IdORTGAGEE shalt apply to the Covrt hav~n3 ~unsdct.en thcrcot fer 1he apHO~ntmrM of a Receilcr, such Court shall i
!c~Thwith appoint a rece•ver of sa~d mortgagc-d proc>erty aU and s~ngular, i~x~ud~ng a+~ a~~d s~~~guia~ the inco.ne, p~oi~ts, issues and reven~es trom whatever
sevrce derived, each and every of wh~ch, n being expresa~y ~nderstood, is hereoy n:origaged as if spec~f~ca:ly sef foith and described in the granting and
habendum ciauses herrof, and such Receiver shall have a~l the broad and effect~ve func: o~s end powers in anyw~se entrustcd by a Court to a Receiver, and
s_cfi appointment shall be made by svch Court as an admitted equity and a matter ei abso!ure r[ght ro sa:d MORTGAGEE, and w~zhcu? reference ?o tne
adeq~aey o? ioadeQuacy o! the va.ue of the property mortgaged or to the so~vency ur inso:vrncy o( said MORiGi+GOR o• the defe~~danrs, a~~d that such
r~~~n, profits, incu~r,e, issues and revenves shafl be applied by wch Recewer accord.ng to fhe Iien or equ~ty of sa:d MORTGAGEE and ihe prachce of such
Court.
8. To du'y, promptly and fufly perform, d~scharge, execute, effect, complete, correply with and abide by each and every the stipu~ations, agreements,
;ondrtions and covenants in sa~d promis:ory note a~td shis mortgage set forth.
9. That in the event the ow~ersh~p of the mortgaged premiies, or any parf thereof, becomes vestcd in a person other than the MORTGAGOR, the
ti+~RTGAG[E, its succcssors ar.d ass~gns, may, w~~ho~~ nor~ce to ~he ~ti10RTGAOR, deat with such successw o~ successw i~ interest ~,n~h refe~ence to Ihia
n,o~~~age and the d_~~ hereby srcured +n the sarr.e manner as w~ih Mortgagor w:rhout in -any way nina)ing w d~xharg~ng the ldortgagori liability herr
:,~der or upon the deet hereby secured. No sale of :he Fremises hereby mortgaged ar.d r.o forbearar.~e on the pan oi the /d~RTGAGEE or its succeswrs
or assigns and no exrers~on of the time tor the payme~t of tha deb+ h~rcby sec~red given by Ihe MORTGAGE'_ o~ its wccessws or assigns, a~:a11 operate
ro re~ease, d.scha:ge, mod~fy charge or affect the orig;nal i~a~ iay oi the MQRTGAGOR here~n, e~ther in whae or in part:
10. It is spec~fical~y a~reed that time is of ~he essence of th~s contracs and that no waiver of any ob'tganon hereunder or of the oblgatan s~ ~
c~red hereby shaL at any time tnereafter be held to be a waiver ot 1he terms hereof o? of the instrument saw.ed herby.
l1_ In 3P~ T O"~ to the foregol~g ~•~onrn'y payments of princ pat and interest requ~r~d by the prom~ssory r~o~e s~cwed hcreb~, morigagar covenanTs
_ ~ agr~s to pay ~o r;orrgagee w~th ea:h ~nonih!y payr:,ent an add ~ional svm esnmafed by n~ortgagee to be eq~a! to 1, 12 oi the annva! cost of the follow-
' A-A!i ~ea! property taxrs te.~ed o~ assessed agai•is! !h~ a6ove desa~bed r~a~ esta'e.
! 6-Pre:r. ^s on f~re and .v~ndsto-~n ~r,surar.ce as here~n requ:red to be carried en the ;m?roveme~ts s:tuate on the above d_zcribed premises.
C-P~e~r.~u~, s on such rnorrg;ge 9ua•a~ty irwrar,ce as mortgagee shatl frarr t me to t~me deem iit to carry on the ioan secured hereby.
Mortgagee s~a :m t~~r.r to t;:ne r.ot~fy mo~tgagor ~n writ~ng of the a~,ov~t due a~d payable hereund_r and such surn shai~ thcreupon be due and
.~,ab!e on the d~e de•e of th> r.eit n:onth:y paym,.~nt and each successive month thereafier uciil mcrtgagee sha!t ~otiiy mortgagor of a change in wch
ount. $uch s.:ms st r~:;e a~ !~ed b mort a e roward the a mem of real ro ert taaes, insurance rem.ums, a,td mort a e uarant insurance ~
~ Fi v 93° V Y P P Y P 99 4 Y. ~
F ;:•e^~~~ms.
r tN YII~NES`_ 't1M:R£OF •ne sa~d P1tORTGAGOR has hereunto set his hard and seal th y artd ear firat resai
~ ' S~gned1 Sealed a~d el~vered in the presence of: F LED AMD RECOR~~. .
5 S~. LUCIE COUNri ~ , ~ri~-
i ROCER P0~71lA5
~ - C~,~RK CIRCUIT COU (~aq
~ _ ` RfCOR~ YERIFIED ~iyL ~~a~~
~ 6
~ - ~ ~J '0 1S Seaq
~
~ ~iATE Of fIORiDA ~
~ ~~uvtr oF St . Leic ie 2 0 g 7 5 4
~ Before me perwnally appeared Thomas W. Cipie snd
~ Frances GOTe _ F.:s wiFe, to me well known and knawn to me to be
~ ;he individuals described in and who executed the fwegoing instrument, and acknowledged befo:e me that they executed the aame for the purpose~
~
rhertin expressed. And the sa~d_--__LZances Gore
;
" Thoma s ~d Gor e „
~ +V:fe of the said - - ' - pon a seperate and priwt~
- e=amina~~an by me taL.rn uparate and apa.t from her said husband, acknowledged to and betore me t~at sfie executed said insrrument freeiy and volun-
~ ~ar~ly and w~thout any compul~ion, constraint, apprehens~on, pr fear of or from her said husband.
WITNESS my hand and offic+al ual this_ -__~c~-- day of_-_ A. D. 19~_
~+L^L~SC1_ -L~~~~`~
tJotary P~blic in and (or the State of Flwida at Large
My Comm~ss~an expires:
Ret~rn To: ..~.~~N~Ilqlr~,~, NpTARf PUi3lIC, SiATE ~ fjpRlpA AT ~~E
~ F~rst federsl Savings 8 loan Asicc~at:on ..•G Z ~ COMMISSION EXP~FjES SEPT. ~ j~3
_ ci r r o,,~ P • BONDED fHRU FRFD Mf. OtESiELi1pRST
- Fort P~~.cr. F!•.:r~da ~ • ~ ~ '
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> This Instrument Prepared By John W ~ "~o I~~T~,s : L ~
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First Federal Savings 8~ Loan Associaiion • : •
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