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3. To plece md conlinuoutly keep on the bui!ding~ now or hareeiter attuate on said I~nd end on all equlpme~l ~nd ~e~tanelly cuvarsd by thi~ rriortg-
~qs, with si) premivm~ thereun pa~d ln ~ull, flxe Ir.sur~nce in the vival ste?aierd policy torm, in e sum approved by Ihe MORTGAGEE, and wind~torm ~
Insur~nce In the ~sval ~tanda~d pol~cy torm, in a sum approved by the MORTGAGEE, in such company or comp~ntei as the MORTGRGff may ~
direct~ and all fire and winditorm insuronco palicies o~ any of seid build~ngs, any lnteresf IhareIn o? part Ihe~eot, In Ihs aggregate tum aioresaid or ~
M exteff Ihercoi, shell coMein the uiual slandard morlga~ee claute or suth other clause a1 Ihe Mortgaflee may requiro, makt~g tho loss under ~aid poli-
det, each and every, payable to saEd MORTGAGEE as its interc~t mdy appe~r, and escfi and every such pollcy ~haN be promptly ats:gnod and ~lelivered tb
~ny held by ~etd MORiGAGEE as 'vrther ~ecv+ity to ~aid ma~gega debt, and, not iess ~han ten (10) days In advance ot ~ha expirot~on of each policy, to dr ~
livtr to ~aid MORTGAGEE a renewal ihereo~, togelher wiih a receipt for tha prem?um ot tuch renewal~ and lhatar shall be ~w f~re or windstorm tnsurance r
plectd on a~y of seid b~ildings, any I~lere~t ihetei~ o~ pari Ihereof, uniess In the form and wilh tha los~ payable as atoresefd; end in tho avent any avm
o! mo~ey b~:comes payable under such policy or policies iaid MORTGAGEE shall have ihe optio~ to tetaive end apply the ieme on atcov~t of tho lndebted~ i
neos tecured hereby o~ to permit said MURTGAGORS ~o receive and use (t or any pait tharcaf For o~her purposei, ~vithout ~he~cb~ waiving or impair•
tnp any eq~ity, tien or ri9ht unde~ or by virtue of thit mortgaga1 aod 1n the evero ~eid RAORTGAGORS shnU fa any reaion fail to keep ~ha satd premises so
tn:ured, o? fail to deliver promplly any of aaid policies o) insurance to said MOP,TGAGEE, or fail promptly to pay futly any premivm the~r!or or in any t
. re~ped fail lo perfam, discharge, exetute, e((ect, complete, comply wUh and ab(de by this covenant, o~ eny part hereoi, ~a1d MORIGAGEE may place and
p+y fw ~uch Insurancs or any pa~i lhereof without waiving or af(eding any option, Iten, equity, or righi undar or by virtue of this Mortgage, ond the '
full ~mount of e+ch and every ~uch paymoM thall be imme~diately due and payabie and thall bear interest from 1he date thereof until paid at ~he ~ate o1 ~
~ine per tantum per annum a~d togEfher wiih such (nteres~ shell t,e aecvred by the lirn o! Ihis malgage.
4. To parmlt, commtt or suffer no was?e, impairmeni or delerioraqon of sa+d propatly or any parl ihe~eof,
3. To pay aN and singvlar the co~t~, charges and expenses, including a reasonablo auorney'~ tee and cost• of abstract• of tf11e, tncurred or pald a~ ~
~ny iime by ~aid MORTGAGEE, because or in ihe evant of Ihe tailure on the part ot the iaid MORTGAGOR lo duly, prompliy and f~liy perform, d~scharge, ?
execute, ettecl, camptete, comply with and abide by each and every the stipula~ions, egreoments, conditloni, and covenenti of iaid promissory nate and thit ~
margage any o~ ei~her, and sa;d cos~~, charfles and expense~, each end every, shall be tmmadiately due and payablej whethe~ or no? there be ~otica da~ ~
mand, ettempt to collecl w ~uit pandingj and Ihe full emount of each and every such paymenl shall bea? interest trom the date thareof ~ntil patd at the ~
rete of nt~s per centum per annum; and aH said co:ts, charges and expenses iocurred o~ paid, togelher with such interest, thall bo se<vred by tho lien of this ~
mortgage. I
_ G. That (a) ln the avent of any breach of thi~ Matgaga or dafaull on tFw part of the MORTGAGOR, or (b) In tha event any of taid i~mi of monoy '
hereln refe~red to be not promN~ly and tully paid within thirfy (30) days next after the same sevarally become dva and payable, wilAou! demand or notice,
or (c) tn !ho e ent eath aod every the stipulations, agroements, conditions and tovensnti of seid promtssary note and Ih+s mongage any or either ere not
~uly, ptomptly~Jnd fully perfotmed, discharged, execvted, eitetted, tompleled, complied with and abi~ed by, then ln either or any suth eveM the said ag~
y~egatt sum mentioned In ssid promtsiory note ?heri remaining unpaid, wi~h tnte~est ecuved, and al! money aetured heroby, thall betome due snd ?wy- t~;' .
able fortliwilh, or thereaftrr, at tM option of said MORTGAGEE, as fully e~d <ompletely ai lf all of the ~atd tumi of maney were originally •Iipulated
to be peid on svch day, ~nything in said promiisory note or tn thts Marlgage to the co~trary notwlthstandinrJj and thereupan or thrreaher at tAe option of 1
taid MORTGRGEE, withoul rrotice o? domsnd, wl! at lew or in equity, therofore or thereafter begun, msy be ptosecuted ai tf all mo~ey secuted hereby
had matured prior to its Instilution. j~'
7. Tha1 tn the event that at the beginr.ing of or at any tlma pe~ding any suit upon thls Mortgag~, ot to foretlo~~ lt, or to roform (f, or fo enforce
p~ymrnt of any elalms hereu~der, teid MORiGAGEE shall apply to fhe Court having jurisdict3on }hereo! for the ~ppOinlmenl of • Receiver, such Courl ~hall
forthwNh appaint a reteive~ of •aid mortgaged property all end sin9ular, lncluding all and ~inyular the Income, proFits, li~ues and ravenvef irom whatever
wurce derived, esch •nd every of which, i~ beinp txpteiily unders~ood, ii hereby morigaged at if ipec~licalty ~at {orth and deiuibed in the yrontirtg and
habendum cfawe~ hereof, snd iuch Racelver sball have ~Il Ihe broad and eftectivo fvnctions and powers In anywise entrwted by • Covrt to a Receiver, a~:~ ~
~vch ippolntment thall be made by s~th Court as •n admitted equity and a matler of absolulv righl to uid MORTGAGEE~ a~d wi~hout teference to the :
~dequacy or Inadequacy of the value oi the properly mortgaged or to tha solventy or insolvency oi eald MORiGAGOR or the dafendants, anrl that ~uch
remi, profitt, intome, i~wes and revenues ~hall ba appliad by wch Receiver according to the Iten or equity of ~aid MORTGAGEE and the proctice of such
Court. _ , ~ :
, 8. To duly, promplly and fully perform, discharge, execute, e(fect, comple~e, comply wi~h and abtde by essh and every fhe stipuletians, egreemenfi, ~
cortditkrte and covenaN~ !n said pro~iisory note and 1h3~ mortgage ie~ fw~h. ~
, 9. That tn the ~vant the ownershi of the mort a ed y pa perwn other th+n the MORTGAGOR, tM
P 9 9 premise~, o~ an rt thereof, becomef vested In a
. MORTGAGEE, Ns succeuori and aisign~, may, wiihoui noiice to the MORTGAOR, drat wiih ~vch successor a wtce~sor In inhre~l wi~h referonce fo thh E~;~
mortgsge and the debt her~by ~ecured to the same manner as with Mortgago? withovt (n iny way vlti~tlnp a discharging ths Mortgsgon' ti~btlity Mrs- E
under or upor? the debt hettby setvred. No tale of the premisei hereby mortgaged and no forbesrance on tM part oF the MORTGAGEE or llt tucce~son i*
, er asstgns •nd no ex~ension of the time for the payment of the debt h~reby sec~red given by Ihe MORTGAGEE or i~s tuccassor: a sssignt, ~hetl operate :
ta refeass, di~charge, rrwdify change or effect the original l;ability of the MORTGAGOR herein, either tn whole or In part. ~
!0. !t Is :pecificaUy agreed Ihef time fs of the essence of this contraci and that no walver of any obllyation hereunder ar of the obllgation te- ~ ~
tured hereby ~hall at any ttme therea(ter ba he~d to be a waiver of the termf hereof u of the Instr~menl secured herby.
11. In add~tion to the forego,ng mon~hty paymenl• of prin~ pal end (nteresl required by the promiswry note ~ec~red hereby, mortgagor covensnt~ 3~ ~
' •nd ag~ees to pay to mortgagea with eac6 monthfy payment an additiona! sum rstima~ed by mwtgegce lo be eqval to 1/12 of the annuAl tost oi the follow- E'.: ~
~ tng: , ~
~ A-All real propery taxea levied ot assetsed agatnst the above described real eetate. ~
. i B-Premiutns on ~fire and winds~orm ir~surance as herein req~ired to be arried on the improvamenls situ~ts on fhe above dascribed pr~mttes. M~"
~ - C-Premiumt o~ such mortgage guaranty insurance a• mortgagee shaN from time to time deem fit to carry pn the loan uc~red hereby, ~
1
i Mortgagee thaN from time to fimm no~ify mor)gagor in writing of the amount dve and peyable herourtder and :uch som thall thereupon be dua and ` i. .
i payable on the due date of the nexl monthly payment and each succtssive month thereafler vntil mortgagee sball notify martgagor of a chanye In Wch ~ t
' amaunt. Such ivms shall be applied by mortgagee tw~ard the payment o~ reat property taxes, intv~ance premiums, ared mwt~ape gua~enty intunnca
'f p+emivm~. . ~ ~ .
~ IN WITNESS WHEREOf, the said MORTGAGOR hat hereunto set his hand and seal the day and year fir~t •foreiatd.
„ ' 1
i . i Seal a del( preience of~ , t i<
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i • . (Sea4 ~ ;
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Se~q ' ~ _
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~ _ - (3aan i t::
~ STATE OF FIORIDA I~'
~ _ courmr aF Sain~ Lucf e ~ ~ ~ : _ : . . ~ 1~.
! Befas me psrsonally appeued _____~~-11~DY~d .g10218 ~
• . ~nd . '
t' S~lA7 bV ~Aari S1,OIlA ~ hI~ wtfs, to ms well known and known to me to be
ths Individvals dasuibed in and who txecuted the forpolry k?slrument, ~v~d ~tknowl~l9ed bsfon mt ttut t~ey ~xacuted the wrr~ for tta purpases ~
thereln eaprsssed. And t}~ sa~ She'1 bX Jean s~.Orie
` Wi.nford Slone ~
; wlf~ of ths ~aid • • vpon a separatt and prlvet~
~ exu»inat;on by me Nken sepant~ ~nd apart from her sdd hvaband, uknowledged to •nd b~for~ rv~ t}?~t sha executed said irutrumeM freely and volun- ,
; ' larily ~d without any compvlsion, comtratnt, appreheniwn,_ qr fsar of ur from her satd huRband.
t_ WITNE55 my hand ~nd offki~l seal thiL- ~s~ day of November u. 19__.`~. . i`
1 • ;
~ ' . . Notary publk !n ~nd for th~ State of r' a t l.~t
~ My Com+niufon ~xpire~r `~~~~~l~ii;:.. ~~~~'r, .s,+- ~
' \ Retwn To~ S ~~r.~+yry rj
flnt FedK~l Savi • 6 loan 1 r ti~• ;v ~ f;, ~
f n~ /?s.oct~rwr~ I~~tcry Pu rc, Stcte of Ror'sda at larqt i
; Of fwt Pierte. ORD~~1~Yy Co::ris:io~ Cz;:i:2s !!1crc~ 10, 1;05 ~/t~`''-~' •1
Fort Pl~res florida ~
<< FItED AND REC ~„d.~ ar a u,~„ u. : : ~y _ a~ .~;4~ . ;
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g%.•~~~:«,r •.r~:~~. 1954 N011 19 PM 3: . .
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~ =...:.''R ,;f.: QROGER 1,~i'(YFIORIDA . • ~ ~tt~~1:r~~i~~~ ~
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