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To plt~c~ ~nd con!{nuovlly ke~p on tM bulidinpi ~~ow w heresft~t ufv~b on i+id ~nd on att aquipment and pertonalfy coverrd by th1~ mor~p•
sp~ wtth ~il,p?tmtumt tlwr~ot~~ paM M!ul1. fioe lnsur~nc• in IM u~u~! ~tartdud polky fwm. In a tum approv~d by Ihe MURiGAGEE, and wlndtitorm
ktswsna ln tha uswl ~tendud policy form, In ~ wm +pproved by th~ INORTGAGEE, in such comp~ny or compa~ies as the MORTGAt3EE may
dinct~ u?d +il #Ms ~nd winds~a~m iruvrana potic(e~ on ~ny of tsid buildinq~, any I~tert~i ihertin a ps~t thereof, ln !ho a09rc~ate wm afore~~id or
M~xctu 1Mraof, ih~ii tont~in tM u~u~l st~nderd mottQ~q~t tiauae or ~uth oiher ciauta s~ fh~ Morty~fleo may requirs, m~kin9 1he loii under ~aid poib
dot, e~th ~nd ~v~ry. payabl~ to tald MORTGAGEE a tt~ tntere~t m~y ~p~at, and each and evsry ~uch pol(cy ~h~il b~e promptly ass:gned and detiverod to !
~ny Mid by fald MORTGAGfE •f fu~tlwr :ecurtty to ~+?d matgaga debf, and, not iess i~:n ian (10) d~yi in advance of the expiration of a+ch poUcy, to da ;
Uwr ta tild MORTGAGEE s ~~~wd the~aef, topathar wtth a receipt for tha pramtum of such ra~ewal~ and thero ~hali be no fire o~ windstorm inwrante
pl~tsd on +ny of ~aid bvilding~, ~ny tnterat ther+in w part thereof, untes~ in the form and with ~h~ to:s payable a: afwe~ald1 and In the evbnt any sum
of money bacome~ psyeble under such popcy or policies iaid MORTGAGEE ~hs11 have the option to receive and apply the •ame on actounl of the Indebted•
net~ tetured haraby o~ to permll •~id MURTGAGORS to ~eceive artd ~~e I1 0~ eny part thereof Iot olher p~rpose~, wi1Fw~1 thsreb~ waivl~~g or impa(r-
1~ s~+y tq~ity. Iten ot tiqht undaF or by vittw of tht~ morfgagej and in Ihe went eaid MORTGAGORS shall fo? any reaaon fail to keep iho ~etd promite~ so
Inaurad, or fail to dellva~ promptly any of taid politie~ of i~surante to taid MORTGAGEE, or fa{I promplly to pay fuliy any premivm therefor or !n any ~
t~~pett fall 1o per(orm, dischirgs, execute, sffect. complete, comply with and abtde 6y th(~ covenant, a any pait haraef, ~aid MORTGAGEE may place and ~
, pay fw tuch Imurancc or any pari the~eof v~tilhouf waiviny o? aflectlnp any optJon, (ian, eq~ity, or righl under or by virtue of thit Mortqage, and the
full amovat of eath and every tuth payment shall !x immediately dua and payab~o •nd ihall bear Inte?est from the date thareof ~ntil paid et ths rate ol ~
' nin~ per tentum per annum end togelher wtlh tuch interest thail be :ecured 6y tha lian of fhis mortgaye.
1. To p~rmts, eommtt or ~ufier no waits, impairmr~t or daterionllon of eaid properry or any parf thareof. ~
t
S. To pay ait and ilrqvl~r ths co:ts, char9es ~nd ezpanse~, Inttuding a?easc+nable attomey's fea and cost• oi ~6~trad• of title, Incvrred or paid st ~
~ sny time br taid AAORTGAGEE, becausa or in the evenl of the failu~e on tho part of iha ~aid MORTGAGOR fo d~ly, p~omptly and fully perfwm, di~chargR
oxxut~, effect, complete, comply with and ~bide by aach •nd every the sttpulations, agreementt, condittoni, and covenants of tetd promi:tory rtote rnd thU
mortQaqa any a ei?ha?, and isld tost~, tb~rpet and expense~, eash and avery, shall be tmmediataty due and payableJ whethar or not there be notice da
r.und, attempf to coliect or ~uit pendinyr ~nd the f~ll amount of each and avery ~vch payment ~hall bear (nta~eit from Ihe dats the~cof vn1i1 paid ai tht
_ rote of nfna per centum per e~numJ and eN said cost~, charyea and expenset irxurred a paid, togethar with such Interest, shaU be securec! by th~ lian of thie
mortysW .
6. That (s) Tn the event of ~ny breach of thla Mwtysq~ ot default on tF+~ part of tho MORTGAGOR, or (b) In the event •ny of taid sums of money
Mttin nf~rr~d to bs not promplly and fuily paid withtn Ihirty (30) day~ next afte~ the ssme severaity becoma due end payabte, wilho~t dem+nd or notics,
r or (c? in ihe twnt exh and svery !M •tipulaUau, ~yre~m~nt~, conditioni end covenanl• of ~aid promissory note and th7~ mortga9e any or ellhrr ara ~ol ~
; . ~ ~uly, promp~ly and fully p~rformed, discharged; exec~ted, effecied, completad, compliad wUh and abided by, tMn in eithar or any •uch went ths ~aid ig~
- Qreyat~ wm mentioned tn s~id promissory note then rsmeininy vnpaid, with Mtere~t aa~ued. and aA mortey~ secwed hereby, rb~!! become dve and pay~
_ abi~ fathwith, or thereaftar, at 1M option of •aid MORTGAGEE, as fully tnd completely ai if ~II of the ~aid sums of money were originally •iipulated r
to b~ paid on such da~y, anythin0 In said promiasory note or In lhis Mottg~ye to the contra~y notwithstand(nqj and thtreupon w ihereafter at tM op~ion of -
aid MORTGAGEE. withovt r?otice or damand, sutt at law or in equUy, therofore or theresfter begun, may be protac~ted aa if dl moneys iacured heroby ~
- Md rt?~twtd ptior to itt institWion.
_ 7. TFut in tM went tMt st the b~gt~niny of or at ~ny vme pandin9 any tuit upon thi~ Manpp~, or to foreclose 11, or to niorm It, or to enfores ~
paymtnf ef any clakns Mr~~~xlsr, said MORTCrILGEE •hatt ~pply to tha Covrt havfnp jurisdictlon iheroof for tM appointmanf of • Reteiver, ~uch Co~rf shall
+ . forthwith appolnt s rxeive~ of ~a(d morlqayed prop~rty all •nd sinpular; Including all and ~ingvlar yh~ tncom~, profitt, (iwei and ravenuai from whatevet
wurc~ drriwd, oxh and every of which, it bei~p expres~ly unden(ood, is Mreby mortgaged •t if ~pocif(cally ~et forth ~nd deauibsd (n the ~r~nitny and
h~bK+dum clswe~ Mraof, artd ~uch Recaiver shal! Mw ~11 the Mosd end effattlve funcGons and power• In ~~ywiie entruated by a Court to a Receiver, and
' s tuch appoi~?rMnt shall be made by tvch Coun ai so edmltted eq~ity ~nd a melter of absotute riphl to saW MORTGAGEE, and wtthout referencs to fhs
adpwcy or tned~qwcy of the wive of the property mortysycd or to the wlvency w insotvency oi aaid MORTGAGOR or tM de(endants, and that ~uch
r~ntY, proflfs, Intome, i~u~ ~nd rtvanves shall b~ sppliad by ~uch Receiver nccordinq to tM lien or equlry of taid MORTGAGEH and Iha prodice of such
CaKt. -
8. To dvly, promptFy and fully parforen, diuhery~, ex~cute, effeq, toenplets, comply verith ~nd ~bid~ by esch ~nd ~vety the ~tiputatTons, a~reemenf~,
- c~atidltiora and covenanh in said promtssory rwt~ and thJ~ mwtgsys set fath. •
9. That In tM wen! t}w ownershFp of Iha mottpspe~d prem;tiss, or ~ny part thereof, becomes vested (n a psrwn ather than tF?e MQ&TGAGOR, 1M
MORTGAGEE, Ns wcceaon and aui9~a, may, without notlse to tM MORTGAOR, dsal with ~vch iucceuor w wcce~ior tn interest with refsrence to ihi~ -
or
'.`4 mo~:paye and tM debt h~reby secvrfd tn tM same ma~ner ss with Monya~or without In a~y way viti~tiry or di~chuyiny ths MortqaQor~' liability 1~rr
under or upon the debt her~by sesurrd. No ~sle of th~ premi~es hereby mortgaged and no forboar~nt~ on tfis p~rt of 1h~ MORTGAGEE or its tuccessor~
a asifyr?s utid no extanslon of the ttme for the paymenl of the debt he~eby srcured qhen by tM MORTGAGEE o~ it~ sucussora or sssiym, shall op~rate
fo roleas~, dischsrQt, modify ch+nfle o~ a(fect ths oriqinal ITabiliry of ths MpRTGAGOR ha~in, ~itFar M whole .ot tn part.
_ 10. It h apecifk:lly a~reed th~t ttrrw !s of ths asence o! this tontrscl insl thal no w~iver of ~ny obUflstion Mrtunder or of the abUy~tion sa
cvrid hersby shall at any tim~ thereaher b~ held to be a waiver of ths termi hereof or of tM Irts~rumenl aoturad herby.
i l. In addition to the forego:~g monthly payment~ oi princ:psi and interesl required by the promissory nole tecvred hereby, mortgagor covsnants
- snd sy~es~ to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to bs equsl to 1/12 of 1Fse ~ennual tost of the follow-
ln9: • • . .
A-All ~~al property taxes {avicd or a:sessed ayaiut the above de:aibed real estate.
' 8-Ptemivms on firs and windstorm intur~nce as herein requ~red to bs carried on ?M Improvemenn ~ttvaf• on tM abovs desuibed ~amt~e~.
C-Pt~mivma on suth mortgsge guaranly insursnce at mortgagee thsli from time to t?me deem ftf to urry on th~ tosn secured hereby,
AAortyayee shall from time to tima notity mo~tgsgar in writiny of ths amount due snd pay~ble hfrtunder and tuch ~um shaU thereupon bs dve and
- payabl~ on tM dve date of tfie nsxt monthly payment ~nd each svccessivs month thareafter unlil mcrtgapee thsll notify mortysgor of a thenpe in ~vd~
- amount. S~ch wms thall be applled by mortya~ee towsrd ths payment of real property faxs~, tnrurance pr~mivms, end mortyaps guarenty Iruur~ncs
pnrmiwrq. _
" 1 WITNE55 WHEREOf the said 1410RTGAGOR hat hereunto sot hii hend artd seal the day year fint af esald.
~ Se ~ delt ed I tM pte~nt~ ofe
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~ ~ !~Zc~~-r '~'~l?t~.-G ~ ry
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STATE OF FLORIDA ~ . '
Counnr of - 3ai nt L.Ln{ e ss. ' . '
~fa. n»~j~~on+Ily+pp! a»d Tnl,r~ F.-q~a
Al E!I'.~ 4i'' ~ '
~ M Q t', t'l. 8_ W~ S s d 1a r ~ ~ n~. w~r., to enr w~l I keown and knovm to m~ to b~
tlk k~divfdwb dnaibsd {n and w1w ~x~euted tM forpoirop tnstrwr»r?t, and ~ckrawlsdp~d bsfon er» that thoy sxsarted IM wm~ for th~ pu~t
~++*.N .~.:..a. ti,d ~t» u~ Mattie W. 3~dler ~
wH~ of th~ wtd John E. Sadler. Jr. ~~n~
~xur?ioatian by rrw rakan seRa„f• and apa~f from hes ~atd hwband, adcrwwled~ed ro and b~fa~ n~ tl~t ~ sx~eut~d taW Imtrven~nt fr~ly and valurr
tuily ~d witPiovt sny compulalo~, coratr~tM, ~ppreMasion, or ha of av~ from her ~{d 1w~snd,
. WITNESS my 1»nd er~d offki~l ss+l tfis~ f 7~~ d~y of ~ be~ A, D. 19
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_ • Not+ry Iublk•l~ u+d for th~ StaN af Florida ~t lrry~
• My Commbtlon ~xptreu
RMirn T~x . .
: ~ ~.d...~ ~ r. '1~1~~92
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