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To p1ac~ and co++tin~ously kKp on the lwi!dirys now a htreaftN situ~N on said land and on sl! rquipme~~ and pe~sonally toverad by thit mot?¢ ~
+9~, with all paniumi thsraon paid in iull, fire insu~ance i~ the usual su~dard po:icy lorm. in a ~um app?o+ed by 1ho J~10RtvAGEE. •nd wi~dstam '
insurarce In tlu usval ~+snda.d pot~cy (am, i~ + wm approved by th~ AhORTGAGEE, i~ wch compu+Y a ca*+p+n~es ss the lNORTGAGEE may E
directj ud atl t8e and w~nd~torm insuranc~ policies on a~y of sa~d build~nps, ~ny interu~ tMiein or part thereof. lo ~he aygreya~e wm a}a~~aid o? ~1
In ~xoeu therwi, shall cu+uin tM ~s~al sundard matpa~ee clau~e or such otM~ d~uia ~s the Mw~q+9ee m~y requ~r~, makinp ~he Ioss under sa+d poli~
c~es, each ~nd every, payab~e w said MORIGAGEE ~s its interes~ may ~ppeu, and each and every such pot~cy ihall be promprly eis 9ned and de~ivered to ~
any Mld by s~id MORTGAGEE as iur~Fwr securiry to s~id mor~ya9s deb~, snd, no~ ku ~Mn ~en (101 days :n advance of fhe expi~atwn of each poticy, ~o d~-
liver fo uid MORTGAGfE a re~ewal lhertof, to9eth~? with • rcce~pt fa the p•emium ol tuch renewa~; end there shall be no f~• or wir~dt~o~m insurante
plsced On ~ny of said b~ildings, a~y intersft therein o~ parl thereoF, un!ess in 1M (orm and with tM loss pay+bl~ as sforesaid; and in tl+~ ~ve~t any sum
of rtan~y becom~s p+Y~bl~ unde~ such poliq w policies ~aid MORiGAGEE shaU have 1he opt~w+ ro rec.:~ve and apNly the s~me on accou~l o( the indebted-
ness s~tur~d hertby or ro permit s~id MORTGAGORS Io retcivs ~od u~s it p any parl 1F~rnof fw o:~~ pwpo~rs. .vi~ho~~t thr~co~ wa,~~,g o~ ~n~pe~r-
ing any p~ity, iiM or ripht under or by virrw oi this mo:2psye; and in ~M evenf a;d MOATGAGORS shall (w ar~y reason iail to keep ~he sa~d p~emisrs ~o
ins~red, p isil b delive~ pranplly sny of ssid policies ol insur~~te to ss~d MORTGAGEE, c~ foil promptly to pay fully any pre+„ium therefw or in a~y
respect fai~ W pafomn, diicM~ge, execute, eff~d, complets, comply with a~d abida by ~his covenan~, a any part horeoi, sa~d MORTGAGEE may p~sce a~tl
pay for tuch iraurant~ ot any part thereof witiwW weivin~ w ~ffectinp any optio~, lien, cquity. or ~iqht under o~ by virtue ol th3i Mon9aye. and tht
full amouM of tath Md evtry such payrtxnt shall be immcdiately due and psyable and sha?! brar interrst from tha date thereoi un~il pa~d at tM rar~ ol ~
n~ne per centum per annum a~d to~r~her with such interesr shati be secured by 1he litn oi ~his mortgage.
4. To pe~mit, tommit w su(fN no wast~, impairment a deterwretion of said property or a~y psrt thercof.
S. To psy all and sinyvt~r the costs, cF?a~es a+~d eape~ues, ~ncluding a reaso~able st~wney's fee and cosrs of absfracts of title, incurred or paid at ;
ersy ~ime by s+~d MOR(GAGfE, because a in the ev~nt of ~he fa~lure en the Pa~~ of the said MORiGAGOR ~o duly, proR~p+ly and fully perfam, d~xharqe.
execut~, tlfect, tompkte, comply w~th and ab:de by each and ~very thr stipulatwns, ~greements, condiuona, and covcnan~s o( sa~d promicwry note and ~h~•
mor~paps a~y or e~~her, and sa~d costs, enarges and •:penses, each a~:i every, iMll be im~~rdiately due and payah!e: wheiher o~ not thr.e be not~ce dr
mand, attempl to collect p suit pend~ng; and the ~u11 amouN of each snd e+~ery such paymem ~hatl bee. imeres~ from the date the~eol until p~id at tht
~ate of nine per ct~turo pa~ an.~um; arw all said costs, thargef and eaqx~ies iocurred a pa~d, toge~her w~th such imeieat, shall be secured by the lien of th~•
mortpap~.
b. That in the eveM of any brench of this Mwtgaye o~ deEau~t on 1he part o( the h1QRTGAGOR, w;b) e~ the event any of srd sums of mo~ey
herein refe.red ro be ~ol pron.ptly and (ullY Paid w~thin thuty (3~1 days ncat aiter the :ame se~era!ly becom° due and payabte, withoul demand or notite,
or (c) in the ~~ent each and every the stipvta±~ons, agreements, conditian and coven~nn of sa.d prom~swry noie aod th~s mortyage any or ei~her are no1
iuty, promptly and fully performed, d~scharged, eaecuted, ~ffected, canptetcd, compi:ed w~~h and ab~drd by, Ihen in e~~hrr or ~ny such ~veM tF?~ sasd eg
~regate sum memaned i~ ta~d p?wnisswy nore then remaining unpa~d, with interra~ acaued, and alt moneys sewred hereby, shatl becvma dus ~nd pay-
ebie forthw7th, w thereaiter, al the option of said MORiGAGEE, as }v~ly a~d complNely as if aU of ~!.e sa~d wms o~ money were pg~n~lly •t~pu:ated
ro be pa~d on svcA day, anyth~ng in sa.d p~om~sswy ~+ote o~ in +his Mw~gage to the connary nerwnhaea«d~~~g; and tF+erevpon w ~hereafe~y the opr~oo of
sa~d MORTGAGEE, wuhout noace or demand, suit a~ law or in eqwty, the~efwe w H~ereaher begu~, may be prosecwed as if ail monsys seeured hereby
had matured pnw to ~ts ~natit~tio~.
7. That i~ the event that at the beginni~g oi w ~t any t~me pend~ng anY sv~t upon this Mortgagt, a fo foretlose it, a to reform it, or to enforce
paymenl of ~ny claims hereunde~, said AM1ORTGAGEE shalt apply to thr Cou~t having ryrisd=c~~on thereot (or the appomrrteent of a Receiver, such Court shall
Fonhwith sppo~N a receive? of said mortyaged p~ooe~tY all and singul~r, incl~~ng ai! a~x! s~ngular fhc income, p+oi~ts, issues and revenues from wfiatever
aource derived, each and every of wh:ch, it bci+~y expresaly urxk~s~ood, ~s hereby morrgaged as ~f spetdic~Ily sef fath and deu~ibed in the yraroing and
hat;endum clavsea F+ereof, and such Receiver sMll have all the broad and effective funcr.ens and powers in anyarise entiusted by • Cou+t to a Reteiver, ~nd i
s~ch appoiroment shsll be made by sucA Cou~t as an edmitted equity arxl a rr,ttter of absol~te right ro said MORTGAGEE, and witlwul reference ro the
edequsty w inadcquxy of the wlue of the p+operty mortgaged or to the soventy ar insu~vency oi s~id MORiGAGOR a the defendants, ~nd that such
renn, proFin, incane, ~ssoes and revenues sha11 be apptied by such Rece~ver accord~ng to the lien w equity of said MORiGAGEE and the pr~ctice of fuch
Court.
& To dv1y, promptlY and fully perfo~m, discharge, exec~te, ef(ect, comptete, comp~y w~th and abide by each and every the stipulations, sgreements,
conditions and covenants in sa~d promissory note and this mor~gage se~ iwth.
9. That in the event the ownership oi 1he mortgaged prem~xs, or any part the+rof, becomes vested i~ a person other than the MORTGAGOR, tM
MORTGAGEE, its successors snd ~ssigns, may, without notice to the MORTGAOR, deal with sucA successor d succcasor in interest with rsfere~ce to thii
morrgpe and rhe deb~ hereby secwed in ?he sam~ manr,er as wrth Nbrtgaga w~thovf in any way vi~~atin~ a d~scharging ~he Mwtyagori liabit~ty he.~
under p upon ehe debt hereby sec~rcd. No ssle of the premises hereb~ mortgaged and ~o forbearance o~ the parl of the MORiGAGEE p its successors
or assgns and no exre~s~on of rhe tame fa the payment oi the dcb+ hercby securcd give~ by the MORTGAGEE o. its successws or ass;9ns, ahall operate
ro rale~s~, d~x}wr~, mod~fy change or affect the originai Iieb~Gty of the MORTGAC-0R Fxreln, e~ther in whoie or in part.
10_ N ia specifiully agreed thet lime is of the csxnte of this cont~~ct and ~hat no waivar d any obl~yation hsr~under or of the obliyation se-
c~rrd hereby sF+ell af any lime thereafter be hefd to be • waiver ot ?he terms hereof or ot the instrument secured herby_
11. In add:rio~ to the fwcgo'~x~ ~no~thly paymen~s of princ pai and intrrest requ~red by the p.an:ssory ~ore sec~red hereby, mor~gagw covensnts ~
a~d agrees to pay to mongagee, w~th each mon~hly paymeni an add~r~onal sum es~~mared by mo~tgagee to be equal ta 1 j 12 of the an.eual cost of the follow-
~ng: .
A-All real property ta:rs ~evied or asussed agai~st thc ~bo~r desu~5ed reaf estate.
B-Prem~u~ns on 1~.e and windstorm inwrance as here~n requ~red to be carr~ed on the ~mp~oveme~~s s~tuate qn the above described p~~emises.
C-Premiums os wch rr.ortgage guaranty ;rtsu:a..ce as rno~tgagee shall irom t me to t~•ne deem tit m carry on the ban setured hereby.
Mortgagre sha~' from time to time ~or~fy morrgagor ~n wrinng of the amou~t due and payable her~under and svch w:n shall thereupon be due and
~ Fayable on the dve oa!e of the next monrhiy payment and each successive month therealtc• ur.~i1 mortgagee shall nonfy mortgagw of a change in such
j a~^ount_ Such sums sFr 1 tx applied by mwtgagee toward the paymem of reat property tazes, insurance prem:wns, a~id mo~tgage guaranty insurance
~ premiUrtlf. '
~ IN WITNESS 'ItiMERiOF the sa~d MORTGAGOR has hereunto set his hand and seal tlx day and year (irst a(o~cw~o/~~~~
f ~ned. Sealed a deliv in the pres~ence of: / .~1
~ . ~ ` ~ W~tne~s~s a ftg ~
~ . ~ - ~ l. ) t~a~y an~gA~ ~1a~iy r es~,~
~ ~ - ~ ~ ' ) witne ses a to s..q
~ - u , siyna~use o~
~ Lois Gruber
• ~
STATE OF FLORIDA d t ~ . . ..SE!~
::::l.!
c~urmr o~ ~1 A t i ' a ~ f
M. A. t~?11 and Ada 'Aallv ~ '
Before me persooally appesred y -
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~ his wife, ro me well known rn~ kno~~ fo~{~ne br
rhz individwls dewibed in and who e:ecuud the forpoir~y insvument, and acknowledyed before me that they executed tha ~pp th~ p{~~ses y_
~ therei~ fxpressed. And the said A~ Wally _ " ~
~ .,~re of rM sad - M. A. Wa11Y vpon•a~P ,«~;prfv~t~'.`~ '
~ e¦amina?~on by me taken sepa*atr and apan from her ssid hvsband, atknowledged to and befwe me that she executed said instrvinirp f a~dvQAr~~+`
~ re~~ty a~id w~thout any compulsion, consna+nt, ~pprehens:on or f~of or (rom her w;d husband. ~i ~
~ WITNESS my h~r?d •nd oFfic~el seal thii day of A. tS• 1~~
! ~L~ , ,
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F STATE OF ~ ~Qj( 1 Notary Pub1~c m~nd for the State of fJ«ida at luye ~~~3~ 73
~ f ~ My Comm~uion tapires: ' '
~ cour,rv oF i • _ ,
~ e~f«. ~~o.~.u,, i.ois Grubes~ a sarri~d adult, ,,,r
~ hi~.viie, to me well known ~~d known to m~ ro be
rhe ind~vidual/ dcwibed i~ :nd who executed i!?a fwQgoirq insnurtu~t, snd acknowtedged before me that exewlyd the same fw the pwposes
nc~rein ~ap?essed. Awi.Mw~i~--
~ wN!l~~~Mi~ ^ _ - ? • ~~l1~wM~~wwl!
~ ~wr~i~.iy+~ra~'w~w~.~'sR~wiw~w~wir~w~~wwdwi~I~ww+r~~w~iM~M~~irw~w~w~fw~M~~wiF~w?
rnir..i..rAr.~,?rv~r.prL..r~..wwi..M.w?wi~~...rJ ~f...~...~..s.iir.~..i r _ ' . ;
~ WITTlESS my F?snd and offici~l s~~l thi day ef_ '7b~ D. 19~_
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This instsu~ent prepared by
~ '.:a. B. Br un i t R tal S in s d N•r P~ k'r+ r~ +~s~u~ N,Fb.~da •E u.o.,
~ Loan ~~bc~a~~on o~[~ort ~~er~e,~lorida . ; :
e urn o:
~ Firq Fed~~d Savir~gl a loan Association _
~ O~ Fort P.e~ce. y
~ •
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