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3. To ptac~ and connnvovsJy keep oo fhe bu~'d~ngs now Ot heresfte~ ~~~vsre on se~d tan:i and on al~ eQ~~pment •nd peraor,ally covered by thif mor~g-
eg~, w~~b •tl pren,iumi ~hrreon pad ~n fuil, f~re ~rs.,rir~ce ~n ihe ~s~al ~~a~Kfa~d ~.r:~cy form, in • s~m •FWo.ed b~ ~h~ MJR~~AGEE, a~~d w~nds~o~m
Iniursnce in ~F+a usw~ s~andrrd ~~oi.cy fw~n, in a s+.m ~pproved by ~i~ tiU}Ri(',AGiE, in eucA comFany or caop,~n.ea as ehr hSOkiGnGFE m~y
d~~ea; ar~d all li~e ar:d w:nclsrcrm ~nwra~ce po:~c~es a~ any of sa~d b~,~!d~~+qs, any inte~r?~ the~e~n ar pa~t thercrof, ::e ~he ,lgg~ryate W~n afoeesald a
in excess ~he~eol, shall :aua~~ ths vs~ai standerd n.xeg?gr~ ciause a iu:fi o~h+~ Ne~se as ~he Mo+tg~gea mey rcy„~re, maA~~g ~he ~oas u~~dr. aa~d poti.
c~es, each and erery, payab~e ro sa~d .titJRT~;AGEf as ~es ~nra~st may a~~d/, d~HI eacn and e~e~y ivcR ~w ~ty shaN be promptly ats g~~cJ a~,d de:~re~ed ~o
any held by sa~d MOR[GAGEE as l~nhr. secur~~y ~o a~d mor~yaye deb~, •.nd, no~ Iess ~han ~.n ~101 da~~s in ad~a~~ce oi ehe e,~l~~r.n~ o~ each pol~cy, to do
~~ver to taid MORiGAGEE a ra~ewal shetcol, to9r~her w~th a rKe~pl fw U~e p~emium of suth ~enev~al; a:x) th~rt sh,~!! ;~e iw i.~e or w~nds~cnn inf~r~nce
p~xed a? any of sa~d bv~~d.ngs, any intcrest ~fie•e~~ nr pa~t thereof, ~n'rss i~ the fo.m a~•d w~th ~he bss payab!e as ato~esa~d; and ~n tfu e~ent sny sum
of money bccanes payabte under s~.ch poitt~ w poi~c~ea s~~d M^RTGAGEE sh.,11 have the oNr~un to rec~-~vr ~~~d a~p'y ~he san~e on accuv:~~ ol tix i~kiabt~d-
ness secur~d Aereby w~o perm~t sa:d MORiGAGORS to recc:re and use it or any p:~~t thr<.•of ~o~ o:n,r ~:,,~,;,s~•s. ...moue ~h,•.:,, or ~~,:~wr-
mg any eqwty, Len or r~yM u~Jar or by vi~tue of this mo-'gagc; an~ in the eve~t sa d A10~TGAGORS ahafl fw any re~wn fail to krep ~he aa~J prem:srs so
inwred. d fail to deGv~r ~omptly any of sa~d po6uts of insu~ance to said MORiGAGtE. w ea~: {rrOmptly eo pay fu~ly any prr,,,,,,~n rher~•for w in anY
respect fail t~ perForm, d~scturge, e.e:ute. eHect, completc, co•nply wi~h and ab~de by tfi~s tov.n~:v, a any part hrrro(, sa~d MGRT3AGEE may N~ace a~0
pay for such insurance o~ any part ther~f w~thout waivii~g or affectiny any o~hon, Iien, equ~ry, w r~3ht undm w by virtue oi thfs Maigage. ~nd r!µ
f~11 amoaor of each and erery such p~yr,~em ihsU be im~nedlare~y due and payaUle a~u! shau tkar inti~est from ft+a date ~hereof unul pa~d a~ nc~ rare ol
n,ne por cen~um p~r annu~n ~nd ti~ethr~ v~~~6 s~ch ..ire~os~ shai~ ~ s.rwred by ~he tien of th~s mortg~9e.
4. To petmit, commit a su(fer no waste, impainnrnt or detenorotion of sa~d proprrty or any part ~hereof.
5. To pay all and t+ng~tsr :he cos~s, charges and expensrs, ~ncluding a reasonab!e aesar~ey's fee a~d ce:rs of abstra~ts of t~~!e, i~curred o. pa:d a~
any t:mt by sa,d M~JRiGAG~E, betausc or in ~he eveM of the fa~~ure on the part of tht sa~d NORTti,ACsuR ~o duly, pra»pt:y and fully prrform, d~sc?arge.
rxrc~ta, effec~, comptete, ctxnply w,rh and ab.de by each and e~~ery tFK sKpuiat~ons, agreemenrs, co~xl~nons, and cove:wn`s oi s.~~d prom,sso~y note and th~s
:nortga9e any o~ e~~her, and sa:d costs, charyes and e~Fenses, each and eve~y, shad be immed~at.ly dve d~ Fdy3G'e; whrther or not the~e be nonce d:-
mand, atte~»pt ta co4ecr or sui~ prnd,ng; and ttio full a~nevnt of each a~d every such payment shail bea. ~~~~.-res~ from ~hr date ~hereof until pa;d ~t ~he
r.~re oi nuie {:er ~~ntum ~r an~n:n; a~n: all sa~d cosfs, tharges ared e~~nses ~nt~rrtd a{yrd. ~o.3rther w.th such inlecrst, shaU be setured by 1he I~e» ol th;i
matgay~.
Q Tha1 (sj in the evenr of any breach o( fhis Morrgage or defau:~ on tF~ pa~t of the MORTGA(;OR, or ;b) in the eve~f ~ny oi sa:d sums of money
herein referred to be n01 prpmpTiy and f~tiv pa~d wnh~n ~h~rty ~30) da~s ncx~ a~re. ~he same sevc~atfy beca~e d~e and payabte, w~thovt deme~d w rsorrce.
er (c) in the evertt each and every ~he stip~tat~o~s, agrerments, cond~fions and ovenants of sa d p~o.~uswry note and ~h~s mongage .?ny a e~ther are not
~~ty, promptly and fully perForm~d, d schargrd, eaccuted, efiected, complerFd, compl~ed w~~h and ab~ded Sy, theo in eithrr w any sucA event ~he sa~d ag
~reqate sum mem~or.ed ~n ;o:u pram~ssory rwre thro re~na~-ring unp~~d, wi~A ;nrerest acuued, and a:! monrys ucured hereby, shal! become d~e and pay
eb~e forthwith, w thereaiter, at the option ot sa~d MORIGAGEE, as f,~lly and compl~tely ss if all o~ thr sa~d svms of money v.•ere onginaily snpv~ated
~o be p+•d on s~rch day, anyth~ng in sa.d pro•n:sswy note a in this Matgage ro the tontr~~y nohv~thst.•nd~~.g; and there~pon w thereafrer at ehe opr~on of
sa,d MORTGAGEE, v.~frw~,t nor~ce w de~nand, s~~t at law w in eqv~ty, ~herefore or ihereaFrcr begun, may b~ prosetured as if a11 moneys secured hereby
n,•.d matored pnor to ds inst~rutwn.
7. That in :he event ~ha+ at the begi~~'ng of w at any time pend~ng any s~~t upon th:s Mortgage, or to forccfose it, er fo reiwm it, or to enforce
payme~t of any da~ma ht~eunder, sa~d A10RTGAGEE sbatl apply to thr Cowt hav~ng ~~.nd~cr.en ~hetruf fw the appo~otmenl of • Recerver. wch Cwrt shafl
ferthw~ith appo~nt a receiver of saEd mortgagcd prooerty aIl and singuiar, incl~d.ng ail a•~d a,nquiar tne income, prof~ts, issues ~nd r.venues from whaterer
so~.ce dr~ived. each and every of .~,l,.ch, ~r be~ng expressly undersrood. +s hcreSy mOatgaged as ~f spcc.l,u:ly set for~h and descnbed in the graro~ng and
habendum c!auses herrof, and such Rece~ver shati have alt the b~oad and effecnve funct.ons and ~owers in anyw~se entrus~ed by a Coun !o a Recriver, and
:.:ch appo;.+rme~~r shel~ bc madr by svch Court as an adm;tted equ~ty and a matter of absolv~e r~ght to sa~d MORiGAGEE, and withcut re(srerxe ro the
edeq~aty or inedeGuacy o1 thr rat~e of the property mo~tgage~3 0~ to the so.vency or ~nso~vrncy of sa~d MORTGAGpR pr the defendants, and tha? sucA
.e•~n. proi~ts, incane, ~ssres and .evenves shall be app:~ed by such Recewer accord~ng to thc I~en w equit~ of :?id MORTGAGEE and the pra:tice ol such
Co~rt.
8_ lo dul~, prompr:y and fu:~y perfarm, d;scharge, execufe, eTCCt, comp;e~e, comply w;rh and abide by each and every the sripulations, agr~ments,
.ond~t~ons and ccvrnan~s ~n ad,d prom~ssory nofe artd th~s mo~tga~e set iorth.
9_ That in rhe e.er.t ~he ow~nhtp of fhr r.+ortgaged prem:=es, or any part tnrreof, becomes ves}ed in a person other lhan the MORTGAGOR, the
1t!ORtGAGff, irs s~,ccessws and aufgns, may, w~rhp~r nonce ro the MORiGAOR, deai w~rh such wuesaw o~ wccessor in mteresr w~th refe~e~ce w th~s
~+~o,tgage a~d the debt hereby secvred io rhe same manner as w~th R~1o.tgago. wnhout in any .vay vit:ati~g or d~acharg~ng the Morrgagora' lubu~ty here-
~.~der or u~wn ~he detr i,ereby secvred. No sa'.e of the Frem~ses hereby mo.rgaged and no forb~a.ance on thr part of rhe /dORTGAGEE or irs s,.ccessor~
or ass~g~s and no ea~ens~or, of ~he t:me for rhe paymrm of the debt hercoy secured g~ven by the MORiGAGEE or its wcceasws or ass[gns, a~~atl operate
ro release, d~scharge, rnodify ch~r.ge or affKt ehe org,nal liao,t.ty of ttu MORTGAGOR he~ein, e:ther in whote w in part.
10 It is spec~fically agreed that time ~s of the essc~ce of th]s contracr and that na wairer of any obGgar~on her~under p ot the obtigatan x-
cvred hereby shs11 ar any time tl~ereafter be held to be a wa~ver of the terms htreof or of Ihe instrument setured horby.
11. In aJd r:~~~ ro +he fo~ego ng m~nrniy payments of pn-c ~al and interes~ requ~red by ~he pror~ sscry ~ore se:u.cd hereb~, mo:t~agor eovenants
a:~d agrees to aay to ~~o~rgayee ~n~th each ~:.en±h;y pa~r.,ent ae add::ional wm es~ r.a~ed b~ mortga9ee to be equai to i 12 of thr onnual cast of the follow-
:,q: .
A--AU rea! ~:roF~•riy ta,zs le~:,ed o~ assass_<? ag~~•~st rht a~o.e desc.~b~d ria! es•ate.
B-Prcm.;, ~s on fire and ~+.•:ndsro-m msura~[e as here~n rrgu:red to be carried on 1he :marove~nents s;r~ate on the above d°scribld ptemise3_
C-Prz~-.~~n s on svch morr3;ge g~a~anty ~csu•a~.ce as mo~~gagee sha-i fro^~ T me ro t:~~e dc~m fit to carry on th~ ioan secured hereby.
N.ortgagee sh~Y jrom hme to n:•v~ nonfy mortgagor m writ~ng ol the arrw~t d~e and papable her~undrr and such surn shail thereupon bt due Dnd
: a~able on the d;,e aa+e of Th> „ecr r~aMF.~ payment and each success~ve -nonrh fhe~eafT,r uori: monq~ee shaH not~fy mortgago~ of a change in such
a-ovnt. $~ch :u,r.s s~a•~ be app:~ed by mengagee toprard the payment of reai pro~r.ty tasea, insurance prem.ums, a~~d mo:tgage gvara~ty inwrance
:"emi~mi- •
tN WITNFSS :•:HfREO~ ~he sa~d A~10RTGAGOR has hereunto set h~s hand and seai rF~e da ear'fi~e~ ~
S:gned, eat and •.ivred i~ he pr nce oi: {
v
~wi ness ~ .r~
-~~C.~-1_t ~Y . or
. ~ ~ : : ~ tSea~)
~1~21@SS ' . _ - - - ~ 'i(~OId ~Z~'C i lSeaq
~kl - 2~ _ wJi-4'~l _~i~. ~t _ (Sea1)
SiAtE OF aow~ ana - _ A' ~ 0 `
~ e.- c..:. ?~r;; ~ _ '
~OUNTY OF P~.~ •lil~tr '_~_~;~.s:_-=~-__~ •
Befwe me personally ap ared __FIOyd R~ YOZIC
and
~Ora YOZ~C h~s w~~e, to me well known a~d icnown to me to be
rh~ ind~vidu~Jt desaibrd ;n and who earcured ~he foregoiog inst~ument, and acknow:edqed before me thaf they exec~ted the same for the purposes
rh~reio.~x~res~}~.A~d the sa:d_` _ COZ.l E~ York 4_`
of rM s«d _ F1oS?d R. York upcn a separate and priwte
, -
erartMnaOO+ I~ m~+ ta1Nr? ieparate and apar? from her sa~d husba~d, ackno•.viedgcd to and betore me that she laKUted said :nst~urnen~ treEiy and votvn-
ranty and witlwut anY ~p~lsion, consera+nt, app~ehr~a.on, a fea~ ef or from her sa~d h~sbsnd.
'1~Jih?ESS my Mnd and ofiic~al seal this- -~~C__~ day of ul A. D. 14 71
7 ~ ,
Nota Vubl~c in and fw tFx 5tate of~ ~t lup~
'`'sr,•. • My Comm~ssio~ ~xP;.~,: Indiana
~ilotn ~o: - . .
firsl:fedelsl.S~rinqs 6 loan Assoc~a!:on ~j/<n~ /s, i~f7 ~
Of Fort P.e•ce ~
j ~ /
, Fort P~e.ce Flor~dj ~'~~F~ 4
ar. ~uc,c couN~~~aa
ROCE; ApITRAs !A.
CtERK C.dCWt
RECORp vER~FtEp
Th~s Instrument Prepared By RiChaZd iC. Kayes -
First Federal Savings 8 Loan Association
~ of Fart Pierce ~ FlOYida 12 ss PM ~
Checked By-~_~_ f z ~~~U
a7
ao~K1y4 1362
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