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3. To p'ac~~ a~~d continuous~y kcep on ~he L~~:d~~~9a nrx or hereafter s~tuate on sa~d lend and on al~ eq..~+p~nent and personally to~ered by this mo~ j
nge, w;th ail p~e~~~wms ~h~reon pa.d ~n fu~l, t~re i~:surance m the ~sual standjrd }.~ol~cy form, in a sum a~pio~ed b~ the MOR~vAGEE, and w~ndsto
Ini~ran~z in the usual st~:id~rd po:.ty (oim, in d wm approvrd by the MORTGAGEE, i~ wch to~»pany o~ tompan~es aS the A',~RTGAGEE m -
d~reu; and all tire and v~~ndswrm insurance poGucs on any of sa~d bu~id~ngs, any interest there~n or part the~eof, in ihe aggregate sum aioresaid
In exce~s thereof, sha~! :ontain the ;:.~•z~ standard mortgigee ciause or such other cleuse as the Mortgagee may requ.ra ~~~king the loss ~ndrr sa~d po
c~rs, each and every, pirab~e to sa~d AIvRTGAGEE as ~~s mter~~s~ may appear, u+d each and every such po~icy ihall be prompUy ess gnrd and deGvered ~
any he:d by satd A'~OR[;,AGEE as iu~~her securify to said n:ortyege drbt, ar.d, not less ~han ten (101 days in ad.ance o+ the exp~ration ot each pol~cy, to d~ ~
I,~er to sa~d MORTGAGEf a renewal thereof, tooe~her wrth a rece~ot for tfie premwm o1 wch renewal; and there siwil be no 6re oi w~~sdsto~m i~suranc
placed on any o1 se:d bu;!dings, any interest thereln o~ part thereof, ~nl~ss in ~he form and with the loss payable as afo~esaid; and in the evenl any sun t
of money beco~r.es payable under such policy o~ pui~ues taid ht02TGAGEE shafl have the opnon to rece~ve and app:y the sa~ne on account of the i~~drbtrd ~
~~ass sece,red hrreby or ro perm~i s.~id MORTGAGORS to retei~e and use if ot any part the:eof tor c:~~~~~ Fu~;~osrs, v+ni~o~t ih:r, or .v~~.~ ~3 cr r+~p~~~ ~
;ng .,.:y equ~ty, Len or r~gh~ ~nder or by virtue of this morryage; and in the event sa~d A10RTGAGORS shaii !or any reason fa~: to keep the sa~d premisrs so i
nsur~d, or fail to det~ver pro~nptly any of sa~d poi;c~rs of ~nsurance to sa~d h10RTGAGEE, o~ fad p:omptiy to pay w~iy eny pre~~,~um therefor or en a~y
resprct fa~l ro perform, d~sch~rge, eYecure, etfeu, canptete, comply wirh and ab~de by th~s covenant, or any pa,t hareof, sa~d h1GR7;,AGEE may piace a~~d ;
oay for such ina~r.~nce or any part thereof wnhout waivi~g or affetting any opuon, lien, eqwty, or nght ur.der os by virtue of this Mortgage, and tht ~
t~ll a~no.,nt of each and ecery s~ch paymrro shall be ~mmed~ate~y due and payable and shall brar interest from tha dat~ ~hereof ~ntil poid at the rare oi ~
~,~~e pet tent~m pe~ annu:~ end to~,tl~~•r wah such int~rest iha1: be s~c..red by thz iirn uf this morlgage. !
4. To pe,-:t, comnut or suffer no waste, impainnent or deter~oration of said property w a~y part thereof. `
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S. To pay all and s~ngutar the costs, chargrs and eape~ses, indudi~g a reasonab!e a+romry's fee and costs uf abstracts of title, incurred or paid at j
•~,y t~~~ e by sa~d MORii,AGEE, becauae w in ~he event of the fa;iure on ~ne pan of the said A1pRTGAGOR to duly, pro:npHy ar.d futly perform, d~scharge. ~
_~xacvte, efiect, ce~np:ere, co~nF!y w~~h and ab:de by each ar•d every the at~pu:anons, agreemeMS, conditions, and covenanrs of sa~d pro~n~ssory note and fhis
+ o~~gage any or e~~her, and sa.d cusn, chargas and esprnses, each and every, shali be immrd~ately due and payab:e; whe~her w rtot thrre be ~ot~ce d~ ,
~~.a~:d, atte:npt to co.~rct or su~t p~nd:~~g; and rhe full a~noun~ of each and e~ery s~ch paymem shall bear imerest irom ~he date thereof until paid at the ~
o~ n.ne ue. cenr„~~~ ~ rr e., n; an~ oV, sald costs, cha.ges ana ea,;r~ises ~~xurred or pa~d, ~ogether weh wch interesl, shall be sec~:~d by the I~an of thi~
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mortgage.
6. That (a) in ~he event of a~/ 6reach of this AAo;tgagz or drfa~tr on th- part of the 1!ORTGAGOR, or (b) in the event any of sa:d sums of money
h,,re~n .eferr~~ io bz no~ Frc~, priy and fu~1y paid wnhln ih:-~y i30~ days nexf a•r•,r the same se.era'~~ become due and payeble, w~~hout demand or notrce,
; r(c1 ;n ~he eve~t each end every ~he stlp~:atrons, agreemenrs, cond~:~o:is and co~enant: of aa d prom~sso~y nase and ih.s mortgage any or either are nol
i,,~:y, p•o~~~ptly and tu::y perforrr~ed, d scl~arged. executed. elfeued, compieted, compLed •h~th and ab~ded Sy, the~ in e~ther w any such event ~he sa~d ag-
~r~,ya!e su~~ rr.enr~e~~:d in sa~d pro:n~ss~ry nore ~hen rcn:a~n~•~g unpa~d, w~th ~rttre;~ acu~ed, and a~1 monrys secured hereby, sha~l become d~e end pay
e:~ e forti~w~:h, ~~r ti,e;r>_~+e, at •he op~~on ot sa.d .'.':.2TGAGEE, as fuiiy and comp;e~c~y aa if all of t1,e sa~d swns of monzy were bng~naily st~pulated
he , a.d an s~ch d.:i, any+~,~:,a in s3.d pro•nas~ry nore o~ ir, i1~is Mortgagr to the conrrary nora~rhsra~d:r~g; and thercupon or thereatter ai the oa~~on of
5-.d F.".CRTGAGEE, ~n~sh~ut nor,:e or demand, su~t at faw o+ in equny, therefore or the~¢dtter bc~un, may be prosecuted as if all moneys secured hereby
d rratured p'.cr t. ~ts nut.tu'~o~t.
7. ThaT ~n t~z e:rnt th.~t a+ the beginn~ng of or at any t~me pend~ng any s~~t upcn this lror~~age, or to foredose it, or to reform it, or fo enforce
,,;rncnt of any c! r.s hreur.c}ar. s.,~d ~~JRiGaGcE shall apply to thr Co~rt hav~ng ~~r.sd c~,or: thereo! fo~ the appantmeN of a Receivrr, s~ch Court sha~l
~ ~~,,r;~ih a~:;;c~~» a re,e~.rr of se~d ~r:o~tgaged pro{r_•rty a!I and sinyuiar, inc:ud ng a~t a~~d s~••9~~ar the ~r.cen,e. prohts, issves ar.d revenvea from wbatever ~
> rce cf_~~.~~d. c:ch and rve~y of .~h;h, it L~:~ng expr~•ssiy undersrcoti. is ~ereuy ~ncr~yayru es ~i apeof,~a;ly set forth and destr;bed in the g~anti~:g and ~
~,r,d~m c 3,ses hc-r~ef, ;rd s~.h Rece~.er shail have ai1 the b+~ad and efiecr.ve fvr.c~ c~:s a~~d powers in anyw~se entr~sted by a Covrt to a Receiver, and
>_r~ ~pce~nt~~~..r sh,,; be ~t.~.ie 6v wch Court as an ad n~tted eguity ar,d a matter oi a~so~~ r r.ght to sa~d h10RTGAGEE, and without reference to the i
-~.;=y cr ~radrq.,~cy o~ t!~~~ va!~e of ~he property mo•tgaged or to tkr so.vr~cy er ~nso.v~ncy o1 sa~d MORIGAGOR or the defe„dants, and rhat svch
~s. ~.~of~~s, :nco ~ e, :ssu~•s ard re.er.ues shaii br apo~ied by such Receiver ac:ord,ng to the iien or equity of sa~d h10RTGAGEE and the prothce of such ~
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S. To -~c r:y a-~d f~:i'y F~ertor~.,, d:s:harge, e~ec~te, effECt, com~iere, co~~~p:~ w~!h and ab~de by each and every the stipuiations, agreemeMS, t
•:~!!~uns a~~:d co~e:~n:~rs s.:c', pro~~issory r.o'e and ths m;;rrgage set forth -
9. Tha~ th~ e~e~r tF,e cw^e•sh;, of rF.e mortgay=d ~:en.~ses, or any part ti,e~cc(, becomes vested in a perscn othtr than the MORTGAGOR, the
: ~R'•GAGEi, ~fa svcc_ssers a-.d dS5?~15, :1~dy, K:IFtON~ ~or.ce to ttie :Y.ORTGFOR, deai wnh wch successor o~ s~ccessor in intorest wirh refere~ce to thia
'-a•tyage a:.o 'hc d.~t i.rrr:y securcd m the same ~norr.~~ as w~th f.tpr!~agor w~t~ut in any way v~t.ahng or d,scha~g~ng the Mo:tgegors' liability here~
~ ci~•r o~ u~:;n rhe d-_~~ s~~~:ed No a3;e of the F•:•~ ~ses hereb~ ,no+tgaged ard no forb_arance en the part oi the I.~ORTGAGEE or its s~ccessors
ass:_~~s a~~d •~o exr_~s:on ot ~he t:n,r for the payn.rnt of the deb~ h~reby sec~red 9~.c~ b~ rhe IdORTG~IGEE or rts successors or aas,gns, st~atl operate
a re~~~~se. d s:~a•~e, ~.vd~fy cha~:ye or aifect the ong,na! l;au,hty ot rne N.ORTGAG(~R herem, either m whole or in part.
~ tU. it n sc~ c' : i• y::g-eed rl~a~ t~me is of the esserce cf thfs contract and that no wa~ver of any ob! gat~on heteuncirr or of the obligation sr
~ cc-rd he:eb~ Shd as e•~~ n~:= ti~._ree'ier be he!d to be a v:~i+er of the terms hereut or of thr i:~str~ment secured helby. {
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t I 1. I~ 7 _ tp'!';3= ~':1 ••'.Un}.~~'y p~y.~:~;nts o4 pr~;:c pal and ~nteresT requ~:ed by the prom ssery r.o~e sec~re ercby. mortga~or covenants
~ •.,i og._cs ;.a~••_ cy~~~r +..tl, ?~.h : i;nrh'i ~.a~~ e~t dn eo,;..onaf Su^.s ~•s` +ated b~ mort~agce to t~ eqva~ to 1 !2 of the annua: cost of the follOw-
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; A-.. ~ c3' , ,~3•:s e.~.:' o- assrss._ci ~~.s~ rh~ ai;o.•e dcs:~~-,-d r_at esr,re
f E F r. _ t. a~ d a: l,cis~o ~-.cs.;•a ce as i~e~. ~n r;~q , red te be czrn~ d e•~ Y!,~ ; roveme.~ts slrvate on the above d~sc•~bed premises.
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E ~ F~ _ s v r:h ~ t,_ ar gua~a^.'v ~r>ura ,r as ~..o•t.}agze sha~i !rc•*• t r- _~o t. . r dce:h fit to cany on the toan secured hereby.
~ o.~,a , e•_• c,~go• ~n nr~t,ng of the a-~o.~T a^.d pa~abie he.r~~~drr and scch sur sh.,:l t~rreuHron be due ar.d
E o~ _ ~+r .r , u~r'. , c; y, _n~ a~ d e~ch s.,ccess~~e ~.o-th r:r~eafr:r u:.ti~ mcrtg3gee sha'I no!:fy mo~tga3ar of a change m such
9 S.,'h s.: • s<• , :>e• cy »:o•!ya ::c ;o:.ard the paym.e.^.t o6 re~i FrcFerty taxe;. ins~ra.,~o p(gl~n.v:~s, a:'d mo+ a e g~aranfy ~nsurante
~ i'd ;riTr~~jS ;!!,Q~pF. rne sa~d R1Uk1l+AGGR has hereunto set his h3nd and scal rhe day and yea(.' f~ st af esa~d. t
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~ gned, Se d~~d ~ered in the prese^.ce of: ~ ~
; Se~l)
~ - - / _ :
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~SCaq ~
~ - - ~L~s`' ' ~ (Seal)
; ~ - - - {Seai)
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~E Cf fLORIQA t ~
~ :.)U'JTY OF . _Sti. LL1C~@ ~ ~ ~
~ Cla~} on D. Locklin
;a Before me persona~iy aprrared - _ + - _ ~~d }
~ Cecelia Ann Locklin ~
- - his wife, ro me well known and known to me to bs
~ ^ ~~:d:,~~.i,:e:s drs.r~c_•d in and v.ho eaew~ed fhe forego~ng instrument, and acknowledged before me that they execured the same fw the purposes ~
~ Cecelis Ann LockZin
• _,.e~n expressed. Ar;d rne sa;d- - - - -
" ps rnr! sa~d ._.3[~~Lv++.~Li_SN_S~!!------------- upOn s sepi~at~ aM~ p~iWt~
r.a•.on !~i T.. ..~~n sec3•afe e^d apart frcm her sa~d husband, acAnowledged to and ~xfore me that she executed said.inatrb?r~ent t?a~ty a~d rol~o-
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a~d .ro C~t a~'y co-~~r.:.s:on; conssra~nt, apprehe s~~, or fear of or from her sa:d h~sband. _ '
- t'iiT1rE55 .*•r he d and ofl~c:a! seaf this_ _ day ef--- NOO D. l9_l!
- - n~ - ~ ~
orary Vub~ic in a~d for qte~of ~f.,~r~
My Comm~saion expires: ~Q ~ ' q~ 1 .
Rer~;•n To: p ' - .
~ ~.:sr Fe~~•.,i s~., ,;f a ~o~„ Ass~: ~f E~ ~!i0 RE~~+1i~~, 3 . ~ . '
. . Fll ' ~
- . ft.llfG?E COUM ,
R F~1«?S
It ~0~
_ . . . , fa~ c?acu ~ ~ `
- IlEC04~~ YEo'~iEO r.r~ ;
~:~i tM'~~ ;
_ Th;~ Instr;, ;er,r Prepared By J. ~~t~~
F~st Fede:a~ Sa~ r;gs & loan Asso:iation .
= or Fort P:~rce~ F1o2`1d8
_ _ 21g~,os
Ch ~~k eci Bv - -
~~R~ 197 ?~Ar.E 95 `
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