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9. To ptaa and continvautly kasp on 1he buildiny~ now or heroaitar ~ituate on ~uW I~nd an3 an all aqutpmant •nd psrson~lly cover@d by tAlf mcx~p.
p~, wl~h +1! pr~mlum~ Ihareon p~id in full, fira In~unnc~ in tho u~ual ~tand+rd policy tCrm, in ~ tum •ppraved by tha MORiGAGEE, •nd winditorm ~ '
!r?:ut~nt~ In }h~ uswl ~tandard policy form, tn a~um approved by tt?a MORTGAGFF, tn suth comp~ny or comp~nles the MORTGA~EE miy
d1rstt~ end sll flre •nd wtnda~orm ~nsurance policlet on •ny of ~eld b~ildinge, any interast ihsroin or put thereof, In 1ha eggregate wm •tore~Nd or
tn sxc+~s Ihcreof, thall iont~ln tM ufual itindard mo~tgagee clauso or such othar clause ~s the Morlgagae may roquire, makir?g tha loi~ ~~da~ ~aid polM ~
ttes, tach end ev~ry, psyable to satd A10RIGAGEE •a its intues! may eppear, end each and avety ~uch poitcy ~hail be promptly a~s:gned and detivered ~o ~
iny held by satd MORTGAGEE a~ fvrihsr sscurity to sald mortg~ge debt, end, ~ot les~ Ihan ten p0) dayi In advance of the expiration of ~ach palicy, to dr ~ =
livsr to t~ld MORiGAGEE a renewal Ihereof, toga~her wtth a retetpt for the premium of ~uch ronewaij and thare ~haU ba no firo or windstorm insurance i
placed on any of ssld buildings, any inle~e~1 tharein or parl thereof, unleis in ~he form and with Iha lost psyable es aforesatdj and tn Ihe eva~1 any ium ~
of mo~ey bu<oma~ payabte under such poUcy or policiei ~~id AAORTGAGEE ~hall hava the option lo rcceive end eppty Ihe •ame on accounl of tha indebfed•
~ neu ~ecvred har~by or to pe~mit teid M~RTGAGORS to receive and vse It a any part thereof tor other purposet, without thereb~ waiv~ng or impair• ~ ;
~ tn~ any equity, lien or r+ght ~rtdar w by virtue oi this mortgsge~ end in the eveM taid MORTGAGORS shall for any rea:e~ fail to keep 1he taid premiies io ~
' Insvred, w fail to deliver p~omptly a~y of tatd policies of inwrante fo sa~d MdRTGAGEE, or faii promptly to pay fvlly any premium therafo~ or in •ny
~ttpect fafi to pcrtorm, disth~rge, execute, eifect, complete, comply with and abide by thtt tovenani, or any part hareof, said MORTGAGEE may place and 1
pay fa such insvrant~ o~ any part thereof without waiving or affeding any opHon, Ilen, equiry, or righl under or by virtue of thi~ Mortgage, and the
fuil amounl of eath and every wth psyment shall be immedietely due and payabla and ~haU bear interest from fba date therco( until paid a1 the rate of
nlns per centum per annum and toyether with iuch intare~t ahsll be secured by the lien of Ihib mortgage.
~ To pe?m!~, commlf or suffer no wa~te, Impaitment or dtteriotaiion of taid property o~ arty part Ihereof. '
5. To pay all and sinflular Ihe costo, charflr~ and expenses, including a reasonable atlornay't fea and costt of abstrec~s of ti11e, I~curred ar pald st ~
~ . ~ny Iime by said MORTGAGEE, bece~se or in the event of the feilure on the part of Ihe said MORTGAGOR to duly, promptly snd fully perfovm, d~icharge, !
s ~xttute, eiiett, complets, comply with and atrido by each and every tha ~tipulations, egreemenls, to~ditiori~, and covenant• of ~aid promissory note and thit
;i _ mortpaya any or eilher, and satd coit~, chuge• and expensat, each and every, •hall be tmmediately d~e and payebtej whe~her or not there be noti<e da ,
mend, ~t~empt to coitect or ~ui1 penclingf and the fuN amovnt of each and svary :uch pnymsnf thali bear interest from Ihs dala thereof untll paid at th+
~ ~ate of nir.a per centu:n per aniwm; and all said cos~s, tharget and expense~ incvrred or paid, Iogalhar with such Intarest, shall be ~etured 6y the lien of thi~
mort~a9e.
6. That Tn the event of any breach of thia Matgaga or defautt on ihe part of tha MQRTGAGOR, or in the evrnf any of aeid ~~mi of money
Mre1n r+larrad to be no1 prompliy and fully paid wi~hin thirty (30) days naxt after tho tame severally batome due and payable, without damand or no~ice,
a(c) In the evant each and every the slipulalioni, a9reements, conditions and covenanti of :aid promissory oqte and thi• morfgaga a~y o~ either are nof
~uty, promp~ty +nd fully per(ormed, discharged, axecutsd, effected, completed, complied with and ablded by, then In either or any such event the seid ay~
preyate ~um mentioned In •aid promissory note then remaining unpaid, with interest accrued, and all moneyi secvred heteby, ~hall betoma due and oay
~b~e forlhwith, w thereaFtar, al tFw option of said MORTGAGEE, a1 fully and completely a~ if all of ~he taJd ~um• oF money were originally itipulsted
~ to be paid on svth dsy, anythlr~ In said promissory nofe or in thts Mortgage to tho con?rery notwithstsndingj and lhereupon or thereafter at the option of
i said MORTGAGfE, wtthout not;ce or demand, suit at law or In equity, therefore w Iherea(~er begon, may ba proiecvted as if all money •acured hereby
: Ftitd matured prior to itt tnititulion.
7. That tn the event th~t st the beglnntng of or •t any tima pendirrg any avit vpon thJs Matgage, or to fwxlo~ tt, or to reform It, or to anforce
; payment of any claim: hereunder, teid MORTGAGEE ih~ll spply to the Court having jurisdiction thereof tor the appointment of ~ Recaiver. ~uch Courl ~hatl
forthwlth •ppoint s receiver of ~aid mortgagrd property all and singular, Ind~d~n9 all and ~ingular the income, profitt, lssuef and revonues irom whalever
sovrce derived, each and eve~y of which, i~ bainQ expresily undentood, ia hereby mortgaged as if epeciticelly set forth and datuibed in ths gronting and
habend~m cla~ss~ l~ereof, and :~ch Receiver ahall have +II tha brwd snd effaiive funct~ons •~d powen ln anywise entrusted by a Cour1 to a Receiver, and
~ tuch appotntm~nt thsll be made by auch Court at an admitted tquity and e matter of absolute righl to s+td MORTGAGEE, and without teference to the
~ edequaq or tn~dequacy of the value of the property mortgaged or to the tolvency or insolvency o( ~ald MORTGAGOR or th~ defendanb, and that •uch
rentt, profite, Income, iss~ea and revenues thail be applied by s~th Reteiver accordinfl to tM (ten or equity ot tsid MORTGAGEE and the proctite of tuch
Court.
~ 8. To duly, promptly end ~ully pe?fam, ditcharge, execute, effect, complete, comply with •nd ablde by each and ewery the iltputationt, agreemenl~,
conditloes snd covenami in said promissory note and thtt mortgage sa1 forth.
9. That tn the avent tho ownership of the mortgaged premi~es, or any part thereof, becomef vesled In a psrwn other tha~ tf?s MORiGAGOR, the
i MORTGAGEE, hi ivccetsat and assigns, may, without ~otice ro the MORTGAOR, deal with wch successo? ar succe~ior !n (ntere~t wilh ttference to tht~
rnortysge a~d the deb~ hereby secured tn the ssme manner a~ wifh Mongagor without tn eny way vitiatlr?9 w diicharging the Mortgagon' I1abilNy ikre
under o~ upon the debf hereby ~ecured. No ~ale of the premisei hereby mor~gaged and rw iwbearence on the part of the MORTGAGEE or iri ~utcessa~
or e::igru ~nd no exrenfion of the time for tM paymsnt of tbe debf hereby :ecured piven by the MORiGAGEE or its svcceisori or asiiyns, thall aperate
to ~eleais, diuharge, modify thanga or affeci Ihe orlginal liability of 1he M~RTGAGOR horein, either in wholQ ot In part.
10. It li specificatly agrerd that time le of the eitencs of this contract a~d tF+~l no w~lver of •ny obliyation herevnder or of th~ obltgat(on ~e-
tured fxreby ~hsll af any time thereafter be held to ba a waiver of the terme hereof or of the lmtrumenl securod herby.
11. tn addition to the ferego:ng monthly paymenti of prlnc'pal and interest requlred by the ~promi:wry note secured hereby, morigagor covenantt
and agreet to pay to mortgagee with each mo~~hly payment an addirional ~um estimated by mortgagee to be eq~al to 1/12 of the annual cost of tht follow-
Ing:
A-All rea) properry taxes levied or assessed against fhe abova descrlbed reat estete.
B-Premivm: on fire and windstorm tnsvrance as herein requ;red to be carrJed on the improvemenh tltuate on ths above described premi~es. •
C-Premiumi on such mortgage gusranty insurance as mortgagee ihall from time to time deem fit to carry an tho b+n secured h~reby.
, i Mortg~geo shall irom time to time notify mortgaflor in writing of tha amount due and payabl~ hsreunder ~nd •uch sum ~hall thetaupo~ bs due and
~ payable an the due date of the next monthty payment and each suc~cessive manth thereafter until mortyay~e ahall notify morlgagor of a c}ysnpo In suth ~
~ amovnt. Suth svmi shall be applied by mortgagee toward the payment of real property taxes, insursnce premium~, and morlqags yuaranty in~urant~ .
..i pnmium~.
~ IN WITNESS WhIEREOf, the :aid MORTGAGdR ha: hereunto iei hii hand snd :eal the dsy year f(nt +fuasaid.
~ ~~r?sd, aled en alive in tha esenca of:
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+ STATE Of fLORtDA
, i COUN7Y OF T ~ ~
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~ bafor~ mi p~nonally appsared - F.vs~noral i ne ~o~_A wida~t X~w~ .
i ~ii?~F1G, to rr~ wefl l~nown •nd known to mf io bf
th~ IndivlduelJ dewibed M and who axet~l~d the fa~poirp Irutrumsnt, snd ~ckrq~y
~i lsdped b~fae rtN tMt ~e xocuted the same for tM pu~posss
~ ! tlitrtln txprakd. lSnd?~[~f~ .
upon s ~epuats ~ed prlv~t~
~ . Jf~IfOGA4NAl[~1KM1KA[~D'E~CiEi~?iKY~~3~G~C~[dC~[11t~4~dC7~S'X~l49tN~1jLQdX4C~44C1~fW07[~!J[blU~+O[~C4E944(~7~E~K~Kf34~C~14'+l~Cf~.94~1Jl~?N9~R?'
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WITNESS my hand ~nd offkia! seal ihi~ ~~y ~ ~ p.
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