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To placa and contGwo~~1y k~cp on th~ bui1JlnQt now or Mreafter ~Itvata on e~ld land ~nd on eU e:~utpment ~n~! panon~lly cvwr~d by tM~ mon~-
~Qsi, with ~11 trr?lum~ th~~tra+ p~id 1~ (ull, fir~ Iniu~~nc• In the v~val qendaid polky form. In a~um approves! by the MORTGAGEE, and wlndstarm
insw~nu {n ~ viwl cisndud policy torm, (n ~ sum ~pproved by tg+e MORT(3AGfE, tn •uch company ot com~~tes aa ths MORTGA~aEE msy
d~r~ct~ arxf alt f~s and wind~tam IruvrsrxM polklao on any ot •aid bvlid~n9~, sny Inlerest IMr~G~ o? part iMrsof, In 1M a~rey~te sum ala~~aW or
In ~xcea tM~eof~ ~9?~II tontatn th~ uwal ~tsndud mo~t9~qe~ cl~use or ~uch o~har cl~ut• a tM Maltiaqee may requin, makiny the lo~i undar ~aid polF
cia, wch ~nd ~vtry. payable to sald MORTGAGEE ss tf~ tntereH may sppear, end each and ev~ry ~vch pollcy ihall bs prompfly ~ss:gned and delivered to
~+y MM by aid MORTGAGEE as further tecu~ity to wid mortpap~ debt, and, not leit tMn t~n (10) deys in edvants of tha txpir~tion of each policy, to de-
(ivK to ~aid MQRYGAGE@ a tanow+l the~eoF, to4Nhaf wilh a reteipt fa tt?e premium of ~vth renewal~ and Ihera thell be eo i~re or windtto~m ins~~enca I
piMad on any of tatd buildinps, any intere~t thetein or parf ihareof, unlf~~ In !he fwm ~nd with tha los~ payable a~ eferoaetd~ and in tht event a~y sum
' of money betornet pay,~ble under ~uch policy a polkiai ~aid MORTGAGEE sh~ll have tM oplior~ to ~~caivo and epply Ihe same on account of ihe indetted-
~ j nKi ucwtd hont~y or to parmit taid MORTGAGORS to ~eca(ve snd us~ (f ot any pa~t the~eof fot othcr purposes, withovt thereb~ watving or impair-
loy any eqvity, Iten a~ ri~h~ ~nder or br virtus of this mortgayej ~nd In th~ ~ven~ ~aid MORTGAGORS shall for any ~tason fail to keep the taid premlies ~o
ins~rad, or (NI to dalive~ promptly '~ny of said policie• of (nsurence to taid MORTGAGEE, or {ail promptly to pay fully any premium tha?eto~ or in eny ~
~tspmti isfl ta psrfwm, diichsrqe, execute, ~tfad, complots, <ompiy wi~A and abida by ih1~ tovanant, or any pnrt hereof, said MORTGAGEE msy plsce snd
psy (or •uch inwrance ot ~ny part the~rof without wdvinp or aftecttrsy ~ny option, It~n, tquity, a ri9ht undar w by virtw of thi~ Mortgape, and the
full imou~t of each u+d tv~ry wth payment ihali be imm~diat~ly due e~d pryabls ~nd ihatl bear fnter~it f~om the date thereof ~ntil paid at the rare ol
nln~ ptr centum p~r annum and toge~her w(~h svch interos! sball be secured by ths Itan of Ihts mortyage. ~
I. To permit, commlt a ~vffer no wa~ls, impatrment ot dctertoratten of •aid properry ot any part thereof. ~
5. Io psy •il ~nd sir?9ulu the costs, charoe~ and expensas, tnduding a reaionable attorney's fee and cott~ of abitrottt of tiNa, incurred or paid a1 ~
~ey tim~ by sald MORTGAGEE, btcause or tn the ave~t of 1M failun on 1he part of the sNd MORTGAGOR to duly, p~omptly and fulty pertorm, discharge.
~xecvt~, ~tfrci, campiaie, comply wlth and abfde by sath and every the stipulaUon~, s~reemenb, consliliair, and covsnan~s of ~aid promiswry note and tht~
mortgap~ ~ny ot ~itt~e~, ~nd ~id coati. chupe~ and expen~ei, each end every, shall b~ Immedialely due and payabtej whethe~ w not thers be noHce da
maod. •tl~mpt to collett or ~vi1 pendinfl~ snd the tul) amounl of each and evary iuch payment •hall bear intera~t from tF?m d~ts ihareof un111 p~id at th~ ~
rate of nine p~~ cenlum pe~ sawmj and all satd cos~i, charqe~ and expenset tncvrred or psid, togelher with avch Intereit, thall ba seturad,by tho (ien of thi~ i
mort~pa. i
. ~
6. That (a) {n tM +v~M of any breuh of fhl~ Mortgsy~ or default on th~ part of iM MORTGAGOR, or (b) In the ~VMI •ny of satd ~ume of mor~ey . ~
h~t~(n r~f~rnd to bs not promptly and (ully paid within thi?ty (30) days nex! afler !hs seme severally bacoma dua and paysble, without dam~nd or aoUce, ~
or (n tM ewM ~Kh and every the ~lipulatlor~, aqracmenri, conditioni artd coven+nti of ~aid promissory noro •nd this mortgapa any w either are not ~ ~
firly, promp~lr and fully pe~formed, diichu9e~d, execvted, effeNrd, completed, compiied wtth and abided by, then in ei~her ar •ny ~vch event the seid ag~
~ prey~ta sdm mtntioned ln ssid promissury note then r~m~ininy unpaid, with Interest atuved, and all moneyt sac~red hereby, shall become due and pay~ '
ebl~ forthwtth, a tMroaher, at th~ option of ~sid MORTGAGEE, fully ~nd completely a• if •II of the ~aid ~umi of monay were ai9inally tlipvleled
to b~ paid on tuch day, ~nythtnp In said promteiory note w In this MortQage to tho co~rrary no~with~tandinpj and therovpon a thereifte~ the option of
~aid MORTGAGEE, without notiss or demancl, wit ~t law ot ln equity, theratoro w thare+fter beyun, may ba ptosewted aa if all maxyf iacured hereby
Md ma~ured pria ~o in ir»~i~vrton.
" 7. That t~ tM eve~t that st tM ba9lnning of or at ~ny tims pe~ding ~ny suif upon ifitf Matp~g*, a to torotto~ it, cr to reform It, or ro enforn ,
, payment of sny CIllffli F~ltlYlK~K~ asid MORTGAGEE sMll ~pply to tha Court having jurisdiction thereof tor ths appoiMment of a Receiver, ~uth Court tfiall
falhw{ih ~ppoiM a raulver of aid mortgaged property ~fl •nd siny~lu, Includmg all •~d ~in~ular the lncoms, proFi~s, bsuei and rovenue~ from whataver ~
wurc~ derired, tath and every of whith, it beinp exptessty undertrood, is Aereby mortqaged ae lf ~petifitally set forth ~nd dewjbed !n tM gr~~1ln9 and '
• Mb~ndum clavies hereof. ~nd svth Rx~iver ahall Mve alt the broad and effectlvs fundions and power? In anywise entruued by a Court to a Raceiver, and
. . ~uth appWetment sha0 ba mad~ by tuch Court a~ an adrtsitled equity and a matter of absolvPe rlsht to satd MORTGAGEE, ~nd wi~hout reference to the
~dtquecy or Inadeqwcy of ths wl~rs of tM properry rrrwtgaQed or to the iolvency a insolventy af aid MOBTGAGOR a 1M defendantt, and Ihat tvch
rrnss, p~ofit~, Income, Iss~es and revenus• shall be applied by such Recelver accordinQ to th~ (len or ~quity of taid A,10RTGAGEE and Ihe practice of •uch
Court.
8. To dufy, promptly and fully ~rform, dtscMr~e, execute, effect, compteN, compty wtrh and ~blda by each snd every ihe atipulatlons, agreemenb,
conditleru u~d wrer?~nti in aeid promiisory not~ and thi~ mortgsge set forth.
9. Thst In tM ~vent the ownership of tha matgayed premises, or any part tlxreof, bccoma vested tn a person other than the MORTGAGOR, tM
MORTGAGEE, Ib ~uccessors •nd as~iyn~, may, withewt ootice to Ihe MORTGAOR, deal wfth tuch sutceuor or tuccesiw tn tn~etevt wtth ~eferance to thta
~t; msxtyaye arul the debl Fr~nby secured tn ths same manner es with Mortyagor withoW tn aay w~y vitiatinp or di~chargtng tM Mortgagori' Itabllity harr
undsr or upon the debt F~eby tecvred. tJo sale of the premisei hereby mo~tgsQed and no forbearance on the part of the MORTGAGEE or its ~~tcesiarf
a assig~ snd no exianEton of the time for the paymant of the debt hereby sec~red qivm by the MORTGAGEf or ih ~utceuort o? auFyns, shall operora
ro relens~, diuhug~, modify change or affect the original tiability of the NIORTGAGOR h~reln, ~itM~ tn wfiola or la part. '
10. It b specifically ayraad tfiat time Ts of the essence of thh contrxt and that no w~lvsr of any obltgation hereundet or of the obllyatian se-
tured hereby shatl at any time t1u[eatter b~ held !o be a waivar of the term~ hereof a of the inttrumcnt secured Mrby.
11. In additio~ to the forego:ng monthly psyments of Princ:pat ar~d interest roquired by the pramissory note secvred hereb/, mortgago~ cowrunt= .
end sQrres to pay ?o mortpa9ee with each monfhly paymant an addirionsl sum estimated by mortgagee to ba equal ro 1/12 of the annuel cost of tha fotlow-
.
A-All real property t:xes IQVECCI Of aasessed againsl the abovs described re~l estate.
B-Premivms on fire and windstorm insurance a• herstn ~equ~rat to be carr(ed on ths improvamant~ iltuero on tha abovo desuibed premisei.
C-Premtumt on svch mwtgage yuaranty Fnivrar+ce a~ mortgagae shsll lrom time to ftme deem fH to carry on t!» loan ~tcured hareby.
INortg+pee ihsll from time to tirr~e notify mortgagor in writing of ths amount due and.payebl~.herevnder and s~ch tum shall thereupon be due ~nd
payabl~ on tFa d~e date of the next monthly payment and aach succeisivs month there~fter unti! mortp~9ee sMll notify mortgsgor of a chanfle (n tuch -
_ ama?nt. Such tums shatl be applitd by mortgagee toward the payment ef rQal properiy t+xa, Insvrirxe prrmium~, snd mortgags guar~nty Insuranc~
prtmiums. .
IN WITNESS VYHEREOF, the said MORTGAGOR haa herevnto tet hii hand and seal the day and ys~r flrst ~fore4aid.
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_ s SiQned, ~I~d u?~ Wsied tiw presetxs of: •
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`-~j STATE OF FLORIDA ~ .
courit~r oF ~t r:~n t A ~ as' ` . .
e.f~. ~,«~.n„ - ~ ~}~J~._.Hwssp~o~,r...J.~.~ ,~,a
Mer~oPie HAltip~,Q,~_ his wtf~, to rr» wsll known and kr+own to m~ to b~
tM Ind;vkiwb de~cribsd in snd who execvted tM forpokg kutrum~m, u~d actcnowtadg~d brfwe rr~ that they sx~cuta~d tM samt for th~ pvrpo~e~ .
_ r~.a, .~.~.a. ~?a +r,~ M~r ~ ori e J amut on
~ wH~ 04 th~ saW A1 tOA A. ~atTlD ton J2~ s„a , upon a s~puat~ ~nd prw~»
~xunMaYwn by rt+~ takee wpar~h aed opsrt from her saW husband, adcnove~~ed ro and befon rn~ that .M .xea».d NW i~rr~,t fre.iy ,~d vavn~
" tarily and without ~rry compulsk+n, twqtratnt, apprehsnsioa~_~ior f~ar of or from her said huaband. .
. WITNESS my h~nd and official ~sl thi~ A~
~ 2 day of A. D. 19~~.
~ Notary Pv N+ at+d for tfi~ Stits of fiorida N t,~rp~ .
' R~1wn Ta ~z,°~V J~ My CortNn fon ~xpirN, .
- Hnt F~~I Savirps ~ loan Auotlation Notary Pt~bIIC. Stats ~f E~lorida af
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sy`IKin~n
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P~r~f iiC iJl1 ~C tY. s N. Y,
,,f~ ra 600K
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