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To plac~ ~nd co~~inuouily k~~p on tM buildinps now w MnaftN ?itv~t~ on ~~~d land ~nd all cquip~nenl ~nd pertoniliy tov~r~d by Ihi~ mwt~
p~, wilh dl pr~miuma thertoo ptid in full, firs iniu~~nc~ in Iik uwai u~adud polity form, in • tum iyp?oved by tFw MORtGAGEE, •nd windstwm
in:w~nc~ In rhe ~~w! i~a~dard policy lam, i~ a ium approv~d by tM MORTGAGEE, in such canpany o~ companies ~s ~M MORTGAGEE may
dirKtp ~nd NI tir~ ~nd wind~lorm intura~+t~ polki~s On ~ny of ~~id build~npf, any 1nhr~~1 thsrei~ w p~r1 fMreol, 1~ th~ sqqreyat~ sum ~fOr~uid O~
In ~acess ~he~eoi, fhalt contain ~M ~sval st~ndard morepsQM cl~vi~ a iucb otMr t1auH ~s ?M MalyaQse m~y ~pu~n, ma?inp ~M loss undM sa~d po16
ciK, ~ach ~~d evNy, payabl~ ro said MORTGAGEE ~s its int~re~~ may app~ar. ~nd each ~nd ~va?y ~uch policy ~hall b~ promp~ly ~ss.q~ed and delivered ~o
~ny MW by s~id 1NORTGAG'E as (u~~Mr i~curity to aid mw~ya~ debt, ~nd, ~ot t~ss than ten (t0? day~ f~ sdvanc~ ol ths expir~t~on of e+ch pol~cy, to d~-
livti fo a~id MORiGAGEE • re~ewal Ihertof, top~~hN with ~ ~~t~ipt for tM premium ol s~th reraw~l; ar~d ther• thall be no fi~e o~ wind~lo~m in~~ranc~
pt~ad on any ol ~~d buildin~i. ~ny in~c~a~ tMr~in or pul thKeof, unleu in th~ fo~m and with tM toas paYable as •twe~~idt ~?~d in tM •venf any sun+
of mon~Y b~comy paYaW~ under iuch poticy p policies u;d MORTGAGEE shall have ~M op~ion to ~aceive and ~pply ~ha s~me on acco~m of ths indeb~ed-
n~u Kcwed Asr~by w w pe~m~t iaid 1NORTGAGORS a r~ceiw u~d uN it p~ny pa1 1he~coi for otM:• pvrpoies, wi~ho~t Ih^rau/ waivi~i9 or ~mpair•
iry any puiry, li~n p ri9ht under a by virtw of ~his mwtpy~; ~nd J~ tM evenf ta~d MORTGAGC~RS shsll fw any re~son fail to keep the said prtmises fo
inswsd, or fail to dalivtr promplly any of ~aid policie~ of in~~~anc~ ro said MORTGAGEE. w fail promptly to pay tvlly sny pre~nium the~efot w in any
ro~p~tt f~il q p~rto.m, d~xh~rpe, ~xecuts, ~ffect, compl~q, comply wi~h ~+~d abid~ by this cove~a~~, w ~ny p,art Ix~eof, sa~d MpRiGAGEE m~y pl~ta ~nd
pay !or such insu~u~ce w u~y pa~t thMto/ without w~ivinp w~i(~ctinp a~y option, lien, equ~~y, a ~~ph~ u~de. w by v~r~w of this Ma~q+p~, ~nd fhe
full ~mo~nt ol each u~d .vr+y such p.~mem sh~tl b• immrdi~t~ly dw ~nd p~yabla ~nd shall be~. inte~c~t from ifi~ d~~~ ~hereof u~~it paid at the raa ol
n~ne pN c~ntum pK ~nnum and together with ~uch inte~est shall be secv~ed by lia lien of this mwt~ags.
1, to p~rmit, cort~mit w wf(tr no watt~, impa'ument a d~t~riaation o1 aaid property a any pa~t thereof.
S. To p~y a!1 and unpvlar tlw coals, ch~r~s and •xpK?ses, inctudiny s reasonabla attwney'f fse and cosrs of ab~tr~da of titl~, incvrred w paid N
sny time by said MORTGAGEE, b~caus~ w in th~ ewnt of tM i~ilur~ on the parl of the said MORiGAGOR to duly, {ucmptiy and tully perlorm, diuhsrgt.
~xecute. ~i(ect, complN~, compty w~th and ~b~d~ by exh and eve+y tl+e stipulafions, preanents, condi~ans, and covenants of sa~d p~om~swry no~e and ~his
morrpayu any a ei~hav. and sa~d costs, chuya and ex~~~, each ~nd ~vay, shalt b~ immedia~ely dv~ ~nd payable; whe~her p not rhere be no+~ce do-
mand, ~nempt ro coflect w suit pendmg; and tF+e ivU ~mount of each and ere.y such paymenr :hall bea. in?e,es~ lrom ths d~te thsreof u~til paid N the
ra~e of nine pei tantum pcr ~n~wm; e++d dl iaid msts, cMrp~s ~nd expenxs incuned a paid, together w~~h svth in~mesb shall b~ secured by the lien of Ih~~
6. Tlwl (a) in the e.vent of any breach of this Mortpye w dcfsutt on tM part of the MORTGAGOR, or tb) i~ rhe event any of s~;d turru of money
heroin r~fe~red to be no1 promptly and ivUy p~id within thuty (3G) daya nexl after the seme aever~lly become due and pay~ble. wi~houl demand a ~olice,
or (v in tF?~ event each and every the i~iputations, ~yrtemtnb, tond~tions and coveoams of sa:d prom7ssory note ~nd th~s mor~9ape any w sitl+~r ~ra not
iuly. p?omp?IY and futly pertamed, d~uharyed, exscutd. ~ffected. comptsfed. compl~ed wilh ~nd ~b~ded Sy. then in e~~he~ w a~y iuch ev~nt tM u~d a¢
g~egat~ wm mention~d in wid promisso~y note then ~amaining unpa~d, with irocres~ acuued. ~nd ail moners xcwed hereby, shall become dw and pay-
able forthwith, w thereaiter, at Ihe option of said MORTGAGEE, at fully ~nd comptsrely as if aN oi ehe wid svms of money we,e a~g:nally st~pulated
to be paid on such dey, anything in said promisswy not~ or in this Matpage to the conaary notwithstand~ng; arxl thereupon w thereafter at tM option of
seid MORTGAGEE, withaut notice or demand, svit at law or in eqv~ty, tF~ere(ore or thereafter begun, may be proxcv~cd as if all moneys sacured hereby
had matured pr~o~ to ib institution.
7. That in the event thsf ~t ths beginn~n~ of w ~t any time pending a~y su~t upon thi~ AAortgage, or to iweclose it, or 1o refwm it, o~ to enforc~
payment o( any claims hereur~dc~, said MORTGAGEE sha11 apply to the Court having ju~isd~u~on thereof fw the appo;~tment of a Receive~, such Court shail
ferthwith ~ppoiM a receive~ of seid mortgaged prpperfy a!1 and sinQular, includ+ng aIl and s~ngular the income, prol~b, iasuei •nd reve~ues trom whstever
saurce de~ived, eath ~nd every of which, it beinq expressly under:~ood, is hereby rtwrtgac~ed as if spec~(icalty sN fwth arrd described i~ 1F?p 9~anting and
habe~dum clavset hereof, and such Reteiver shall Mve atl the broad ~nd effective funcs~ons a~d powers in anywi:e enerusted by a Court to a Retriver, and
t~ch appantr.~ent sball be made by suth Court a~ an admitted equity and a matte~ o~ absolute Ngh1 to sa~d MQRTGAGEE, snd without reterence to the
adequacy or inadeqwcy of the v~l~e oE the property mortgaged w to the sotrency w~nso~~ency of ia~d MORLGAGOR w the defendants, and that such
renrs, profits, income, iss~es ~nd revenues shall be applied by sucA Reteivei xcwd~np to the lien or equity of said MORTGAGEE and the pacs::.a 3f such
Courf.
8. to duly. pranptty and fvlly perform, d~scMr~, ex«ute, eifect, complete. comply wi~h and abide by sach ~nd every ths ~tipulations. egreements,
conditioro and covensros i~ sa~d prom~ssay note u~d this morrgsge set fo~th.
9. That in the event the ownership of the mwtgayed premis~s, or sny parf thereof, bccomes vested in a penon othe~ than tM MORTGAGOit, th~ {
MORTGAGEE, in succeswrs snd assigns, may, without ra~ice to the MORTGAOR, deai with such successo? or wccesso~ in inlcrest with reference to this i
mortga9e and the debt f~ereby secured in the s~me manner as with /Kortgsga without in any way vitiatin~ pr d;stha,g;ng )he ly{ertQsgon' liability here
under p upon the deb~ hereby secured. No ssle of tF+e premises hereby mortgaged a~+d no forbearance o~ the pa.t oi the MORTGAGEE o~ its tuccessors
or assig~s and no exteniwn oF the time for the payment of the dcbt hereby securcd given by the MpRTGAGE: w its sucussors w assiyns, ,hall operate
ro releas~, d~scAarge. modify cha.ge a affect the aigini! li~b~t;ry of fhe MORTGAGOR herein, eitFKr in whok or in p~.t.
10- !t h specific~lly apreed that time h of the essence of this contracf and that .w waiver of any obligat~on hereurxJer w of ths oblig~tion sr
cured heteby sha11 et any time thereafter be hefd to be a waiver of the tcrms hereof w of the iruttrument tetwed herby,
11. In add~tion to the fwego:ng mo~?hly psyments of priric"pal and inte~est requ~red by the prom~ssory no!e secu~ed hereby, mwtgagor covenants
and agrees to pay to mo: tgagee w;th each momhly pay.nent an ~dd~rional sum est~mated by mortgagee to be equal to 1; 12 of the annuat coat of the follow-
ing; .
A-All rcal prope+ty taxes kvied or assessed agsinst the above deu~i?~ed real estate_
B-Premfv ns w? fire and windstam ins~rance as Fxrein requ~red to be carcied on the improvemenh aitvate on the above descr;bed prcm;ses, i
C-Premiums on such morlgage 9wranty insurar,ce as mortgagee sha11 from t~me to time deem fit to tarry on the loan secured hereby.
Matgagee shall from time to time notify mortgagor in writing of the amount due a~d payabte hereu~der and such sum shall tl+ereupo~ be due and
Fayable o~ the due date of the ~ext monthly payment and each successive mw~th thereafter urtil mortga shalt not~fy morrgagor o s change in wch
amovnL $uch suma sh.al! ~ epplied by mwt9agee fowud the payment of real property taxes, insura prem:ums, a~id mortga ranty irtwrance
p~cmiumf.
IN WliN EREOF, said MORTGAGOR has hereunto s~t his hand and seat the day and a~ rst oresaid
Siy and i ed ' the p?esence of: ~ .
ness fIIED ~N~ RECOR~t4 ,p
sT.IUC~E COUNTY ~A. r •
~ qQGQR POITRAi •n ~
t: i tness Ct[RIt C~RCU~T OOIMt ~ ' q ;
l1ECORD VtR1/IEQ~ ~ona . ott :
rt.~~ ,
sraTE o.~tlOtf ILLINOIS ~ ~ ~ yy ~M~1~ • "
couNrY oF # ~p~,y
~fa. n,e ps„on.r~y .pp.ued &ll~u K. ~cott ~7 ~
snd
Ramona T. SCOtt his wife, to me well known and known to me ro be ~
: ~ha individuala descrlbed in and who executed the fweyoinp instrwnent, and adcnowledged befwe m~ that thay eaecuted the same for tM p~rposes ;
rhe+ein eapres~ed. Md rM a~d R~ona 2 S ott
„v;is of th~ said Elihu K. SCOtL ~p~ a~r~t~ ~od priv~t~
exam~Mt+oa by me taken separate and apart from her said hviband, idinpyvl~ed ~p and before m~ lhat she taecuted said iMtrument freely and vol~n-
r~r~ly and w~thout ~ny compulsion, constrsint, apprehention. or fear of or from her husband.
WITNESS my Mnd snd official seai this ~`7 day of ~ p, ~q 71
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Notsry public i~ and for tM Sf e o{~~~ ~t ~arp~
My Comm~ssion ~xpires: I11fI101S
Return To:
First federsl Savinys i loan Associatio~ C~ ~ y 7~ ~,~~:~.1i1H1~1i~
Of Fort P~erte. `,~~Q~Q ''-~~tjlJ' •
Fort Vier[e. F?wida ? ~ ~!'~~~M.' I
~ t 4.{ f t. I~
~ ~ v,~.s;7.l~ : - , i
. ~;aa. ~.t.~.. :r~ :n .
ar--~f~4~''~~~:_~~~~ .
, ~ . ~ X~'~IIIr~J~=~,. ~ .
This Instrument P~epared By Richard K. Kayes rpi::+; ` =y;~~
First Federal Savings b loan Association p!~'~ • ~
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o f F o r t P i e r c
e, F l o r i d a ~'f,y~~••,::~?,,Q:~,,~~t~~~ - i
S'--.:•».~' O
Checked By ~ R ~44~~~~,1?•~
~oD~ 19~ ~52~p ~ ~ .
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