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3. To place and tontinuously keep on thc bui:d~ngi ncw w hereafte~ situate on s3~d land ard on aU eq ~rnt and peraonally covered by this mort¢
age, with all premivms the~eo~ pa,d in ful1, f+re insurancr in the usual sren~ard pol~cy form, in a sum proved by the M~RiGAGEE, a~d w~ndsto~m
;ns~iance in the us~al s~andard pA1:ty form, in e.um approved by ~he h10RTGAGfE, in such co any or compa~~es as ~he MORTGAGEE may
d~rec~; a~d aU fire and w~ndstonn inswance po!ic~rs on any of said buiid~ngs, any interesl t e~n ur part thereuf, in the aggregate sum aforesaid w
in eatess Ihereof, shail contain tF.e usu~l sta~~dard ~r.o~tg~gee dause u such o!her ciause as th lortgagee may ~eq~~re, maAing the loas unde~ sa~d poli-
c~es, each and eve~y, payab'e to said 610RTGAGEE as ~ts interrst may appear, and each and every such Go~~cy shaU be promptly ass g~~ed ano de~~vcred ~o
any held by sa~d MORTGAGEE as (u~ther s°wr~ty ta said morrgage deot, and, not !ess ~han ien l10) days in adra~xe of fhe eapi~anon of each poiicy, 1o da-
G~er to said MORTGAGEE a renewal thereof, together with a rete~pt ior the pre~n~~:n of such renewai; and ~here shafl be no (~re or windsto~m insurance
placed on any of said bvild~ngs, any ioterett there~n a part thareoi, un!ess ~n the form and w~th Ihe Icss payaLle as atoreaaid; and in the event any sum
of money brcomes payable ~nde~ scch policy w poGcies s.+~d MORTGAGEE shalt hava the op'~on ro reteive and apply the eame on accoun~ o( the indebted-
ness secured he+rby or to permi~ sa~d tiSORiGAGORS to receive and use it w any par~ Ti~e:.-of fcr o:ne+ pur, oses. .v~~hc:,t ~h-~<<>r .+~~~~~~3 "~'A~'~'
~n~ any equity, Gen or rigM under or by virtue of this morrgage; and in the eve~t se d MORiGAGORS shal! for any reaw~ fail to keep the sa~d premises so
~nsured, w tail ~o dr~iver p.anptly any of sa~d po~,c~ea of insur3nce to sa[d h10RTGAGtE, or ta~l ;~romptly to Nay fu~ly any premwm thereior or in any
resprd fail to pe~iorm, d~scherge. ezecute, eifect, con;pte~r, co:nply wi~h and ab~de by ?h~s covena:v, or any pa~t ha~ea(, said MORTGAGEE may p~ate a~~d
pa~ for s.rch insuran;e or any part thereof wi~hou~ wa~ving o~ affec!i~~g any optf~i, iirn, eqwty, w right under or by virtue of th~s Mo~tgage, and tht
*,,;I amount o( each and e~ery svch paymem sf,atl be ~mmed~ately due and payab:e m~d shatl bear ir.tareai from the dote thereof ~ntil pa~d at the rate ol
~•:e pM Centum per ann.un and rt:3e~l.:r w~!h w:h ~nt.,rc•st shail b~• sewred by fhe :.en Of 1hiS mOrtgage.
A. To permit, commit or suifer no wastr, irt:p~irmenT or detrr~oraKon of sa~d propcrty or any part the~eof.
5. To pay all a~d singu~ar the costs, charges and expenses, induding a reaso:~able attwney's iee and ces~s abstracts of title, incurred or pa~d at
.~,y tin;e 6y said h1GR1GAGEE, because or in ihe event of the fa:iure on the por~ of ihe said MORiGAGUR to duty, proaiptly and fully perform, d~icharge.
_.ecute, efiect, comp:rte, comply wnh and ab,de by e~ch and evtry the st~pclat~ons, agreements, tonditrons, and covenants of said pro~nissory note and this
;;rtgage any or e~~her, ar.d sa:d costs, charges and expenses, each and eve.y, sha~l t~ immrdmtely d~e and payable; whether w not there be no~ice dr
~~~d, atte~r.pf fo coilect or svit pe~d~~~g; and rhe fu~l arrount of each and e' iuch paymeM sha~l bear iroerest lrom the date thereoi until paid at the
. ~:~ne per c~n:u•n ~~'r a~:n.,:r, a~~d ~il sa+ci c..~'s, cha:ges a~:d ~xrar.ses ~ncuned or pdtd, togathar wnh wch interest, shali be secured by the lien of this
rtgage. ~
6. That (a) in the evcnt of any b~each of this Morrgage or defavlr on tlw part oi the MaRTGAGOR, or ;b) in the eveM any of sa:d sums oi money
h:~rein refe~red to be not pro~,~F:•Sy and tu!ly pa~d v.rth;n th.rty i3J' days nex~ a~rer ~t~e sa~ne se~.era:ty become due and payable, witMut demand or no~ice.
. in the event cath and ev~ry the stiNu'.at~o~~s, agieements, condn:ens and tavcnents o! sa,d promissoryt note and th~s mortgage any w ei~her are no1 i
i,:~, promptty and t~Hy perforn~ed, dscher9•~d. ~x:;uted. effec!rd, co<rpl•~ted, ccm~:!:ed r.~~h and ab~Jad 5y, then in e:ther or any such event the sa~d ag
~e s~m mentioned in aa:d prun~.sso~y note then rema~ning unpa~d. :v~~h i~ite~est aci~ved, and a!I moneys secured hereby, shall become due and pay-
~!o~thwith, or rhercaltrr, et the ep•~o. c4 x.•~d h!l7RiGAG~E, as t~l:y and con:pie~c'•/ as if ali of thr said sums oi mooey were o~~ginal:y stiputated
r:. i~e pa;d o+~ such day, ~~y1'r~ir.g s.+ ti prp•n 5sory n0~? or in th~s Alortga~_ to the co~~~~a~y netx~thstandmg; and thereupon or thereafter a~ the op~~on of
s ~~l.ORTGAGEE, w~ti~out noT,cr er d:mand, su~1 a~ law or in ey..~~ty, theretore or ther.~afser begun, may be prosetuted as if all moneys secured hereby .
r d neawred pnor lo ~ts ~r.s~~tut on. . •
7. lhaf in ~i~r eren~ ~h,,t af ti,~ b~~g;nn,+~g ?4 or at any time pendi~~g any sv~i upon thls Mortgage, o~ to foreclose it, or to ~efwm it, or to enforte
"._nt of any c~a:ms hereu~~der, sa~d t.tORTG:+G~•= s!~aI( oHrly to the Courr h~::~ y;•,.: ~sd.:t+on thereof ior ~hn appo~ntment of a Receiver, such Covri shall E'~~ ,
r. •,.r,h ap,e~~2t b.~cei.e. o~ ss ~l e. •tga3ed p.cp~~~~ ai~ and si ~yufar, in.~vti.~~9 a,~ .~~~d s~nq~tar the ir.co~»e, piofrts, issues ar.d revenues from whatever !
, - :
c ce d_r~ved, each a^d e+r:y of ,yh~ch. ~t lx~~r.g c•tiuress?, v:~ders~ued, i: iereo,~ r,c:rgyged as if spec.ficady set l~rth and deseribed in the g~aming and
?~:dum ciavses hrr:wf, and svch Rece:~er s~~i~ ha:= al~ tne br~ad a~d rSf~r~..~e f~cc; o:~s and pof.ers in anyvv+se en~:usted by a Cowt to a Receiver, and
s~.F, 3;-.poinrment shail be made by such Court as an .,d:~uttc-d eq,;;ty and a~~~c~~cr ci a!,s_~;ute r ght to sa~d MORTGAGEE, and without re~erence to the
_cy or inadrqvaty of the va~ve of the property mortg,,grd or to 7i~e s~ .•e~~cy ~er,ty of seid MORSGAGOR or the deferdanTS, and Ihal such
proirts, incorre, issu:s and reven:.es shail be aprLe3 t~/ such Rec~~iver ~:_~rd r:a ~o the lien or equity of said MORiGAGEE and the practice oi suth
Cc..r[. ~
8. To d~ly, prempr:y and fu'~y perfenn, d~schs~~e, execute, efiect, co~n;vete, ce•-~piy wi~h artd abede by each and every the st~puiations, agreements,
.,:Icns ar~d covenants sa~d pro:nis:u~y r~oce ~~.d :r.is ~r~r.gage s-~t forrn.
9. T6at in the ev•-~t :he ovfre~s~+p of tFe c~or~3accd pte~"~ses, er a~~{ pxt t~~-recf, 6ecomes vested in a person othe? than the MORTGAGOR, the
~~A;Et i~s wccrsso-s and asc~Jni, .~ey, ~v~~np.t r:Gi•;•r tp r,e ;:.J::I:,~.Oi, dea~ r.n~~ such succrssor or successor in i~terest with reference to this
r.nge ano ine d~_ot hcreby s_~wred ~n the same r.~~ n_~ as r~'h G:~:t~ar~o+ v:~cnou! in any ~vey vil~ating or d~itharging the Nlottg3gors' iiability hert
or uron the d•_br h~rei,,r s<-'ur.ed Nc s~'.~ of t~._ ~s~•s ?~_~<<5~, .~,.,~r~~y~d ar,d no forbearence on the parl of the tAORi(;AGEE or its successors
a~;igns and r.o eare~ioo of rhr z~me !o. rh:~ ::ay••,~~r cf fh~• dc•b• h•-•~~! r sec~.red g~ven by the IAORTGAGEE or its successors or z-ligns, N~all operate
..e e~se, d.scha+ge, mooify change or afFecr the or~~~~~ai 1=.>n:l.~y of the MORTGAGOR i~erein, either in whole o~ in part.
10. It is speuf~at~ f agreed tha! t;me is of the eszencr of tteis cont:aU a~,d that no waiver of any ob!~gat~on hereunder or of the obligaYwn sr
._••~d hrreby shali at any tin.e thcr>ajter be hc~d to be a wai:-~ of the !r_rms hereof or of the instrumem secured herby.
It. In add:::c~ ?o ~h: icrege.~-~ :-unrn'f ~,a~;,.~~~~s oc E:; c;~a1 and inrerest :aqu:ed by the prom.issory no~e secured hereby, mortgagor eoveoants
~ agrces ro pay +o mc-t;: ce~ ,.+.•h ea_h ~c.~,•i;'y .„.~~+s.•~o-,a1 s~l <s; ~.~~,~cf b/ mo~~ya9ee to be eq~~al to 1, 12 of the ar.nual cost of the foUow-
A-AIi real F,rope:ly taxas ~e:~--: or asses~^ci d'_J1~"S~ s6~ ei:ove desv+hed r~a! estafe.
6--Frc~;.u~ns on f~r.~ anu v.~r.dsr_-nr. ~wra~;. i~c•~~+, r•q~~.~rd to be ca~r;•d on +he ~mprovements situate on the above descr~bed premises_
C-Pre~n~u:T~s on scch ~.,:xr~:,ge ~~~a•a~~t; :~':ira~,c< <s ~e::.~:g.:gee shat! froT t.re to rime dcem fit to earry on the loan seeured hereby.
A.ortgagee s'~o'~ f~r.~r. r~ ._r t~~ t.~ .c n:7 fr r,crr,~3~r r v:~itir.y of the ac,o~•~t du-a a~d payable hereunder and svch sum shall thereupon be due and
~ ~•Ir on !n: d~e c:.;!c o' t~~~ ruxt 'e~'1 v-, -'<'i a":d e.:c~~ s~ca:ssi~e mor,fh thereaft~r uctii mortgagee shall not~fy mortgagor of a ehange in wth
i :r.r. Such su•ns sr.,,: ex apF:~~ca ty mo*s;~~y-~c~'r;;:,a•d The j;d~n:ent of rea+ pruper!7 taxes, insvrante p~em:ums, and mortgage guaranty insurance
i ~vms.
IN tYITNE55 7:HER~Cf, t~~~ sa,d h~~tJRTOHVOR has here~~:to se! hIs hand and sc•a! the day and~st aforesaid~ :
~ S:gned, $ealed a^d de~ivered in the presen;e of: !
~ ~~~'~S- S~'a~lit tSeal) i
r - - - - - _
~ ~ Karl LaYS~on
~.L- - ~ (Seaq
~ - 4 ~
~ ~ Vilma Larsson ($~aq
- . .
UF fLORIDA . )
~
;'~7Y OF `~i__~11~?~_-- ~
Befo~e me personalty appe?red Karl Larsson a„d
VlI1Sia _(~~~s~n _ fiis wife, to me well known and known to me to be
.~:~.d~viduais descr~bed in and who CxECUtCt~ the foregomg inslrument, and acknow~edged beFore me that they executed the same for the purposes
•~:i.s expressed. And the said_-_-______-_-. ViltnB ~1SS011
c c~f ~he said _.__KaXl__LAY'SSOfl__ upon a separate and privste
. nar~on by me taRen separate and apart fic-n her sa~d husbar.d, acknowled5ed to and before me tnat ahe executed said instrument freely and vofuo-
~ ; ar:d w~thout any compu.sion, consrra~ret, dpp~2h~nS.On, or fear of or from her said h~sband.
~ V~1?NESS my hand ar.d offic~a! sea! this- -----_L.~~~_~ day °f--_-_--- ~y - A. D. 19 74
~ -
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, ..'Ij`M ~~'it~__~ _
Notary Public in and (or e State of Florida at Large
y . 7,• My Commission expires: ~ v. ?
e; . , i O • ~
. ,.R4~uro '!b: :
~ . st federa?~•Sav~s,s • ~ .loen AsiGc;at~on
~ : ~ f~irf P ~rce. = `
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- ~o?~f Pic~e. :r;da .
~ _ . ~ f~,;.. ~ _ . FIIED A!t^ kECORDED
~ : : ; SL ~~C,E ~outtTr Fl~.
y A L:ti~~ ROG_T~ F,cTRAS
, f,,.~,. . •,r~,.` CLERI: C'".i~sit COURT
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j' ;~nstffM~es~t ~`'Pt~pared By John W. C'ol l ins 4ECORf~ vr r E0
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Firs t Fe C~
~~~'i~ ~+t~g~~ L o a n A s s o c i a f i o n MAr 30 9 ~l ~il ~7~
~ ~ ~E~t~ierce~ Flbi ida 33450
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~ Checked By - 2$~';~8
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