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Z. To piac~ ud ca?tinuously ke~p on tM buildinpi now a i~~~(qr ut~N~ on saW land and on ~II pvlpm~nt ~nd pKwe+lly co~nnd by thfs narp~
pw witA ail pnmium~ .flweon paid in full. (ih inwarrc~ in tM uswl sNrxlard pol3cy fam. in ~~wn approwd by tM MORiGAGEE. ~nd w~ntMtan?
a
iraurana in th~ vw+l ~~arKlwd pd~cy farn, In • wm ~pprowd b1? tM MQRTGAGEE. In wch companr o~ canP+~i~s a NM MORTGAt3EE ~nay
db~ct~ ~nd aN iM~ and wirKhtorn~ Irawana polic»s on ~ny o1 s~d bu~ld'w+pt +~r Mw.at ~hush~ « p~.t th~nol. M~ tl~ app~~9~q wen afarK+W o~
in ~~as~ ~Mnof. ~hall cauain d» wwf nand~rd morro+pN clwM a wch whu clws~ a tM Matp+p~i maY ti4u'w~, mak~np tM ba u~du ~id po~i~ ;
dw wch and ~w.y. WY~b1~ ro aW MORiGAGEE a~ts in~KMt rn~y ~pp~u. aod wch ~nd ~wry auch po1kY ~halt b~ promply ut:~n~d and ddivN~d ro ~
any Mld by ~aid JKORiGAGEE ~s fwtha acuriry ro s~W mony~p~ d~bt. and, nW ba tMn Nn (10) d+ri in idv~nu of ~M ~xpk~tioe of ~acA polky. b dt ~1E1 ;
Nw~ to aid MORTGJIGEE a nr»w~l tM~~o1. wp~thM wNh • nuip~ fa rM pnn?Iwn of wcA ruwway u~d ~Mr~ ~MII b~ ~?o fi?~ a wlndaarn Gawaoc~ i
plaad on ~ny of wid bviWinps. an1?'ieMrrNt M~er~in or p~n tA~ho/, unlas M ~I» laen ~nd witb IM las pay~blt a ~fw~sNd~ ~nel in th~ ~wN ~n1t aww
of moe~y bKan~s p~y~6N vod~t wcA po1kY or policiK ~aW 1NORTGAGEE aMll h~w th~ option ~o neeiw and ~pply tM sanw on ~eaount d tM Ind~W~
r~ ~ax~d Iw~by a to pKmil wW MOrtTGI?GORS ro ncsiw u+d wt it a~ny p~r~ ~Mreof fw other purposa. withovt thaeb/ w~i~fnp a Mnpah•
Irp +ny puity, li~n a riyF?~ wnlK or by vtrtw of tAis morlpp~t Md in th~ ~wm ~atd MORTGAGORS ~MII fa ~ry? tNSOn f~U ro kNp th~ wW_ pr«niNS so
~wnd or t.n ~o d.i~?a a~wh «w of s.~d pot~.s of imw«+o. w ~.~d ~?at~(iA(3EE, or f~il ptomptlY b WY W~N ~?Y P?emiwn ~t».•for a~+ «w i~
nsp~cf f~il to p~rtaen, dhdN.ye. ~x~eut~. ~ffM. eompl~l~, ea^Ph wtth ~nd ~bidP6y thY aownMt, a ~ny part h~nof. ~aid MORTGAGEE may p4o~ and
wr tw wd~ r,.ur.~+u w a~?y ~ur +h.nof wHhout w~hrirp a aN~ctlnp ~l oW1w4 ~Mi4 ~rib. o? ripM ued~. a by vi.~ 01 tl~h Maq+p~. and tM
+w pu
fult amow~t of ~atl? ~nd ~wry wd~ paynwnt ~U ~ inrMdi~hly du~ aed p~yabl~ a~d ~I+a11 bw hterNl ham th~ dah tM~~of un81 paW a tM ~aN of ~ ~
~in~ pa wntuen pp ~nrN~n+ and to~Hher with weh MMrNt sMll b~ s~t~rtd by tM li~n oi Mis morl~p~.
To p~rmlt, oomnOt a wffa no wa». imp+f?ment a d~t~rior~tion o! wid properry a wqr p+A tlw~eof. -
t
S. To pay ~11 and sL+pular th~ ooata, elwp~s aod sxpaws. Ineludinp a rNSO~bl~ snwewy's ft~ xd eosn of ~Mtrse» of titl~. Mewrd a psid a~ ,
•ey rims by ~id MORTGI?GEE. b.cw,. a In ~Fw .v~m of ~h. f•ilur• on ~M par~ of rh~ said N~ORTGIIGOR a ddrly. pramptlr and fvllr pufomb d'acl~~
•xeM~. ~HM. oomPM1~. oomplY with aod aWd~ bq ~~ch ~nd w~ry 11+~ ~liputatioa~. p~~^ts. caditio~a. a+d oev~nls of wid paniswry ~ot~ and t1w
morqap~ ~nr w~itha. and uid oat~. eMrqN and ~xpeea.s, Nd+ and ~wry. ~hall b~ Ytin~dia~~ly du~ a~d payabl~s whe~Mr or ~ot ~Mr~ b~ e+oria d~
m+nd. ~tNmpt to cdl~cl a wit pa?d'irgi and tM full ~t of eSch and wNY s~ PsYm~ ahdl b~ inhr~s~ fro~n th~ d~t~ tMnof- w~Nl p~id ~t tM
rat~ oi ~ pa c~ntum p~r ~rrwm; s~~d a11 said own, cha~~ and exp~?ses incwrd a p~id, top~tMr w~th wch intw~st, sMll b~ ~cw~d by ~M li~n of tha
nw?~p+p~. • ^
6. 1Mt ln tM ~wnt of arry be~th oi tMi Mwtpap~ w defwlt on tFr p~rt of 1h~ MORTGAGOR. a(b) in tM ~wmt arq? of ~aid a~ of e~y
Mr~in nfer?d to b~ na pranpdy and firily paid within ~hirty (30) d+ri next sf~er ~M sam~ Nvaslyr b~con+e dw N+d pay~bN, wi~hou~ drnand a eaie~.
w(cl in th~ weM ~ach ~nd ewry tl» stiqrlations, ayr~i». conditions ~nd cow~?~nts of sa7d P~omi~wry not~ and this mort~+y~ any w ei~Mr u~ no1
~ ~Y. P~~~b and fulfy p~rfornwid. d'acMr~d, ~x~wtsd, ~ff~ctd. comPbt~d, comP~i~d with and abWed dy, tMn in ~i~1~ a~ any wd+ ~wnt 1M wid ~
pr~h wea mte+tiorwd in s+id p~omiawry eoro than rem~Ininp v~paid, with in~rest accrued, and all marys s~ew~d twt~by. sh~ll b~aum~ dw a+d p~y~
abl~ (wthwith, or thwsafter. at t!r option of a~1d MORTGAGEE, a fully u~d compl~aly u it ~11 of tlw aW wma of moMy wen a~pinallr ~Y~puiated
to b~ paid on wci~ dsy. a~y~hinp in aid pramissory not~ a in t!?is Mor~y~ to tM oonnary nawirhsandi~,pi .nd therwpon or thsreah~. ~M optan of
said 1NORTWIGEE. witlwu~ ratio~.or d~m~nd, wit ~t law w in puity. Ma~1ae w tMreafter b~p~a m~y b~ prosec~ud as if ~II_aiontrs s~cw~d hK~by
Md rnalurd prior to i» imfitvtion. -
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7. Tlwt in tlw wrnt that n tM b~qinnieg of or a~ any tin+~ pa~p amr ~v8 vpon thb Mwpp~. o to fa~elos~ It, or to r~fonn N. a fo ~nfwa '
WY~iM of Ntr daims I+Me~K~. s~W JNORTGAGEE sh~ll apply to t1N Co~M havirg jwisdid'qn tF~ereof for tlM ~ppointm~M ef ~ R~teiwr. Mich Cou~t shall
forthwlth ~ppoiM a eeuiver of uid mwt0+~ P~~Y ~u ud sinpirlar, lnclud~np ~II ~nd ~inpv4r tM ~ Wo(its, issw~ and nvenws (roen what~wr
w~wa d~iv~d, ad~ and every of w}~ich. N b~irg .xpresstr ui?d~ntood. is htrebr ~9~~ ~ if ~p~cificatty. set fonh ~nd d~s~ribed in th~ prantinp and
Mb~ndwn clauNS I~wf. and wd~ Reuiv~r shali haw all tM b.wd snd ~ffecriw fvncliom and povw.s h~nywi~~ setrvsted blr,i Cow1 to ~ R~aive?, and
wd+ ~ppolntm~ro sha11 bs mad~ by wch Cowt u~n admitied equity and a m+nK of ~bsolw~ .riphl to aaid MORiGAGEE, and withoW rd~raia a th~
.d.qwcy a in~d.qoacy oi M» v.h,. of ~he P~op.rb mony+y.d w~o th~ sowency a~nsolvency oi safd MORTGAGOR a N» d~fa~dr+n. and rh.f auch
rems, Proftq, inooen~. bawa ~nd ~~wnues shall b~ appli~d by such R~ceiver auwd;ny ~o th~ (ien or pviryr of s~id N10RTGAGEE and th~ pactic~ of wd~
Covn. .
8. To duly. pranptty and fulfy p~rform. d'~schar~. execute. effect, oomplet~, aomply with ~nd abide by ~ach a~d ~wry tF~ atipulaY~o~a„ pr«rmnts,
conditioro and cove~ants in sad promissory not~ and thit mortyaq~ set forth.
9. ihat in tM went th~ ownenhip of ths morepsqed premises, w any pa~t fhereof, becon+es wst~d in a perwi~ oth~r th~+ tlr MORTGAGOR, th~
MORTGAGEE, its wcceuws and autyrn, m+y, wi~how nor'~u ro%lh~ MpRTGAOR, d~al w~th ~ucl+ weuuw w wa~ssor in int~n~t wi~h refer~nu to this
mwtpa~ Md ths debt hK~bY s~tw~d In tIN san» msrvwr, a with Maipapor v~rillwut tA any way vitiatinp a discMrpinp tlw Mortqapas' li~bility her~-
under or upon th~ debt hsr~by s~cwed. No ad~ oI th~ premi~s her~by mat~+~d M+d no /orb~u~noe oo th~ prt of tM MORiGAGEE a i» woussas
« auiyea snd no .z~snsioe of the time {a th. piym~m o~ ths deM hereby sewrrid yiwn by tM MORTGAGEE or ia wca~sara oe~. wipns, shall op~r~N
ro rel~a~ d~sch+~y~ rnodif~i cl~r~ a affsd th~ aipinal Uability of Me /MORTQAGOR her~n. ~i1Mr In whob a In p~rt.
10. 1~ h spec~ftatb +pn~d . rlrt r~e is of Nw eaenes • of tht~ oo.itner ~nd that no w+M? d any d?~sp+tion I~ueu~ler or of tM oblipation sr
axd Mr~by sh~ll ~t ~ny t~ tF~whw b~ MW ro b~ ~ w~iwr of th~ t~nnt hN~of a of th~ indnm+an s~cw~d h~rby. .
11. In add~tio~ to the fora~o.ng monthH p~Yments d princ'psl and imerest reqv'ned by th~ promissory not~ sectrred h~reby, morf9por tov~tNnb
a~d sgrees to paY to morqaye~ with each ma~ehlY paYmsnl an add~~ional sum est~mated by.monyaya~ to b~ pwl to 1/12 of th~ annwl cost of ths fdlow-
_ . . ~ _ . _
A-Alt real propeAy qxes kvi~d o~ assessed apainst the ~bov~ desa~'bed real estate. -
~Premiums on fire and windstwm irawanoe as Frr~in ~quv~d )q b~ curied on the improva~et?ts sitwt~ on th~ abov~ descn'bed pnmit~a.
C-Premiums on such mort9a9e gua?~my inwr~nce ~s mortyaps~ sh~ll froen rime to time desm fk fo wry on th~ ban secwed hereby. .
MortgspM slull f~an tim~_~o r~me ratify mortgagw ie witinp of tl» amowa dve +nd payabl~ hKewd~~ and wch wm sl~ap M~erwpon bi dw ~nd
psyabl~ on tl+~ due date of tM next monthfy payme~ ~eid each sucnsiiw mont6 ihere~ffd ur.til morRpsp~~ sh~ll notifp nart~apor•of•i cMii~ in such
amoum. Such sums shs8 be ~ppliad by mo~tpa~ee towud the p~yment of n~l property taxes, inwrana prem:unu, and mortpa~ Qwraup Liwt~nce
; ~~mnwns. • /
IN WITNE55 1NHERfOf. Hw said MORTGAGOR hu hKeunto sN his hand and seal tM riar or -
i Sge~ SwMd ~nd delivK~d in th~ praanc~ of~ -
~ J ~ ~ ~ ~ ~ ~ $
~ ~ro~eco~o . .
t ~ 11101tRN
AS~f .
` t~~ cutc~?r couRT
,
STATE Of FIORIDA REOMOVQRIf1E0 ~ ;
~.~j ~g
{ : .r~~~.~:
~ COUNTY OF Sti • LL1C ~6 _ ~•'!!~?'O' ~ r S
. ' ~;~;1~~~: '*s' -
~ ~ Jose h 0. LaBonte a sin ~ a . ,`n =
eef«. n,. p..wn.~ly .pp.area • - -
? ,i' ~
. to tn~ ~vrh , ~i R1 b !M
tM individwb daare'bd in ~+d who tx~a»~d ths fot~poinp insttunwnt, and ackrwwkdped b~fort nr t they
~ 4~ ij
tl~uneiel utpr~swd.
~ WITNESS my FwrwJ and offkial s~al + d+p A. D. 19~_
~
~ Noary P~blic M for tM Stat~ of Fiorida at Larp~
My ' '
~ R~fwn Ta. ~•v.~1 S1~t! O~.f~Oti~ ~
fiwt f~d~al Savitgs i l,oan Arsociation
~ Of F«t V~erce. MY ~OYI~Ifs10~ Elcpif~ 30. i
Fwr P;e.ce, flo.ida ~ M A.nt... IIi. a e...r„ c*,ry?
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t
~ - This Instrument Prepared By C~rol B. Burns N:
First Federal Savings 3 Loan Association
~ of Fort Pietoe~ Florida
BY ~ ~ - ~ 262 69 -
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