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9. To plete and tan~tnuou~ly keep on the buqd(nqt now or heraafter ~ltwta on ia?d l~nd end on ali equlpme~t and per~onelly cov~red by thls mo~1g- j
aQ~, wlth +ll p~amlums tbereon paid in full, fire imuran<e In the vsual standerd pollty form, in a ium app~oved by Ihe MORTGAGEE, and wt~d~torm i
Insut~ncs ln ths usv~l tu~dard polity torm, in a tum approved by the MORit'iAGEE, In such compeny or tompenies at ~ha MORTGAGEE mey ~
f~llKtj and •tl ftre and windstorm tasurooca policiea on any of said Lwildings, any Interesl the~ein or part lhcrcof, in tfie aggrega~e cum atore~aid or
In axca~s thereof, ~h~ll coat+in the usual ~tandard mortgagee clause or tuth o~het tlavse es the Mortgagee may require, making the loss u~~der ~aid poli- f
cief, each ~nd every, psyable to sald MORTGAGEE as its tnterest may appear, ~nd each and every ~uth poltcy ihall be promptly ess:gned and delivered to +
•ny held by aid MORJGAGEE a~ furibor security to said mor~gaga debt, and, not less ihan ten (10) •''ys In adva~ce of the explrotion of each policy, to da
Itver to ald MORTGAGEE e ronewal thereof, togethat with a recelpl for the premium of euch renewal~ and there sheit be no fire or windsrorm (nsvrance
plattd on eny of said butldings, any interett therein or parl thereof, unless !n ~he form and wilh the lasi payable at afaesatd~ and tn the event any svm ~
of money b~.•ccunes payable under such polity or policies ~aid MORTGAGEE shall have tho option to receive and apply Iha •ame on account of Ihe indebted• ?
ness •tcv?~d hereby or Io parmit said MOATGAGORS to recaiva and uss H or any pari ihereof for othcr pvrpotes, without th:?eb~ waivi,~g or impair• ~
iny any tqvity, lien M right ~r~de~ ot by vlrtue of lhis mortgaga~ and tn the event said MORTGAGORS thall for any reason fail to keep Ihe said premises so
iniured, w fail to deliver promptly eny of said policies of insurante to ~aid MORTGAGEE, or fall promplly to pay fully any premium iherefor or i~ any ~
retpett (ail lo per(orm, ~tischarge, ezec~te, etfect, compfate, compty with and abide by thi~ covenant, o;, any pait hereoi, said MORTGAGEE may place and '
pay tor •uch Insurance or a~y part thereof without walving er af(ecling any option, Iten, equity, or rlght under or by virtue of ihii Mortgage, and the ~
tuil amouot ot each and every iuch paymeM thall be immediately due and payable and ~hall bear tnteresl irom the date thereof until paid af tha rate oi
ntn~ per cenium per ennum and logether with such (ntarest shall be sec~red by the lien of thi~ mortgage.
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1. To permit, commit or ~uffa no wasto, impairment or deteriorotion of said property or eny part theteof. S
S. ]'o pey all and singular the costs, chargei end expenses, induding a reasonable attomey'i fee and cosl• of abstratts of tille, incurred or paid al i
•ny tlme by taid MORiGAG:E, because or ln Ihe evant of the failura on the parl of the iaid MORTGAGOR Io duly, promptly and f~lly perform, discharge, .
axec~fe, effetl, tomptete, comply with and ebide ~by eath end every the stipulations, agreements, condilion~, and covenants of taid promissory note and thi~ j
morlgage any or either, and ~aid coits, charges and expenses, each and every, thall be tmmediately due end payable; whether or not there be notice da f
mand, attempl to collect o~ iuit pending~ and 1he full armunt of each and every eNCh paymeN shall bear interest from Ihe date 1he~eof vntll peid a1 the ~
rate of nine per centum per annum; and all said costs, charges and expenses incurred or pald, together wilh such troereat, shall ba aeared by the lien of thi: ~
mortya9e.
4. Thst (a) In the evonl of any breach of this Mortgage or default on the part of the MORIGAGOR, or (b) I~ tha event any a( taid sums of money t
herein referred to be not promptly end fulty paid within thirty (301 day~ next efter the sama severally become due and payable, withovt demand or notice,
or {c) In the event each and every the stipulalions, agreement~, cnnditions end covenanti of sa~d promissory ~ote and this mortgage any or either are not
iuly, ptomp~jy and fully pcrformed, d~ssharged, executed, affected, completed, complied with and abided by, then i~ either or any tuch e~en~ the snid ag~
qregate sum mantioned in taid promissory nofe then remaining unpaid, with interest acccu~d, and all monays iecured hereby, ihall become due and pay~
•ble forthwilh, ot thereafter, a1 Ihe option of said MORTGAGEE, as fully arr.~ completely as if all of the taid sums of mooey we~e originaity tfipuleted '
to be paid on ~vth day, anything in said promissory note or in this Martgega to the contrary norwithstand+ng; and Ihereupon or thereafter at the option of !
~ald MORTGAGEE, without notice or demand, suit at law or in equity, there(ore or thereafter begun, may be prosecWed es If all moneyt ~ecured hereby ~
had matured prior to itt Inslitution.
7. That in Ihe event that at the beginning of or at any ttme pending any suit upon thii Morlgage, or fo foreclose it, or to ~eform lt, or to enforce
payment of eny dafms hereunder, iaid MORTGAGEE :hall apply to the Courl having jusiadidion thereaf j~r the appoiMment of a Receiver, such Covrt shall
For~hwith appoinl a rcceiver of said mortgaged property all and singular, intlud~ng all and singular the income, profita, Issues and revanuos from whatever
wurce de~ived, exh and every of which, it being txpressty understood, is hereby mor~gaged as +f ~pecitically teJ forlh and described in the granting end
habendum clausei hereof, and such Receiver shalt have all the braad and effective function~ and poweri in anywite entrusted by a Court to a Receiver, and
such appointment shall be made by such Court as an admitted equity and a matter of absolute right to iaid MORiGAGFE, and without reFerence to the
adaquacy a tnedequacy of the vatua of the properiy mortgaged or to !he ~olventy o~ insolvency of ~aid MORTGAGOR or the defendantt, and that auch
renq, profiti, income, issues and revenuaa shall be applied by iuch Receiver according Io the lien or eqvity of taid MORTGAGEE and the proctite of such
~ Courf.
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8. To dvly, promptly and futty parform, d+scharge, ezec~te, eited, tomptere, tomply with and abide by each snd every the slipulations, agreemenu, 'r:
~ condifions and covenants in said promitiory note and lhii mortgage tat fortfi. ~
9. That t~ the evcnl tfie ownership of the moitgaged premiscs, or any pert thcteof, brcomet vested ln s person otker than the MORTGACaOR, tho
f MORTGAGEE, Ib tuccessors and aisigns, may, withovt notice to the MORTGAOR, deal with such succeisw or :uccessor in interest with re(erence to this
~ mortg~ge and the debt hereby sccured fn the same manner as wilh Mortgagor withoul In any wey vitiatiny or discharging. the Mortgaqor~' Itabltily hera
! under or ~pon the debt hereby securrd, No sale of the premises hereby mortgaged and no forbserance on the part oi the MORTGAGEE or its s~ccesson
+ or assigns and no ex~ension of the time for the payment of the debt hereby aecured given by the MORTGAGEE or !ri ~uctesaws or ass~gns, shall operate
; !o release, diic}~arpe, mc~dify change o~ affsct the original liabil~ty of the MORTGAGOR herein, either in whole or tn pnrt.
` )0. It i~ specifically agrerd that time ii of the essence of this contrott and that no ~nroiver of any obligation hereunder or of tho obllgstlon ta
{ cured hareby sh~ll at any tima thereafter bp held 4o be a waiver of the term: ~+ereof or of the (natrument iecurod herby.
+ 11, In addition to the forego:ng mo~~hly paymenls of prlnc"pnl and tnie~esf required by the pramissory nota secured hereby, mortgagor covensnts
~ and agrees to pay to mortgagee wiih each monlhly payment an addi~ional svm estimated by mortgagee to be equal to 1/12 of the annua) tost of the fotlow-
i i~?9~
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~ A-All real property taxes levied or assessed again~t the above described real estate.
j B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvemen~s ~ituale on the above described p~emises.
~ C-Premiumt on such mortgage gvaranty in~urar~ce at morigagee shal! from time to time deem fit to catry ori the loan secu~ed hereby.
~ Mortgsge4 fbal! fr9m time to time nmify mortgapor in writing of the amounl due and payable hereunder and tuch sum shall theroupon be due and
pay~ble on tho due date of the next monthly payment and each successive month thereafter until mortgagee tfiall nofify mortgagor of s change in tvth
~ • artw~nl. SucR sumt thall be appfied by mortgayee toward the payment of real property taxes, In~vrance~r ivms, and mortgaga guaronty insurente
premivms. c-
j IN WITNESS WHEREOF, the iaid MORTGAGOR hat hereunto set his hand and seal tha dey and y r f(rst afor d.
; Si d,~s d and dell red fie sence of:
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; (S~aI)
(Seal)
: .
; STA7E OF FLORIDA
; courmr oF _ ~,~i n{: 1. ~ _i A , . .
, E B~fore me penonaUy a peered 1d ~ A~ PA'1 mar a~
Louise ~811riA1' his wife, to me woll known and known to me to bs
; • t t? e I n div Ww li desui b e d in an d w h o exacvt e d t h s fotagoiny fnatrument, and atknawtedyed bsforo ma that they execvted the sarr~e for iM purposei
~
j tfiereto expressed. Ard the ~aid T n»i ac~ Palmer
` wifs of the-~aid j~~ g~ Ps~11~FZ~? , upon a separab ~nd privat~
. a ~xamination by ,me taken sepsrete ~nd apart from har s~id h~iband, acknowtedged to •nd befors ma that ~M executcd said tn~trvment frealr snd volurr
i tarily and without +~y computsion, constratnt, apprcheniio», or fear of or from her said hv~bsnd.
; WITNE55 my ~hand and official ~eal th1~ _ day of D. 19
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~ Notary Pubtk tn and for tM ~tats rld~•;t~~
M Commistlon ~x ires: ,
! - R~tur~ To: " ,,,~~i q f1C : . Y P ~ ~j~~.
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; flnt Fed~ral Sarlnys i Lo~n Aswclation ~L ~~~'~2 Rotary Pu5!'ct, State oi Roridb at ta~ge b, ~~p :
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~,q~.Fo~t~p,ierce. Ff
1~0 AND RE~~,C,O Qf0 My Commi~sian Cr.p'ues ~ia;c} 10, i4G5 0/t :
~ QpJ~c~ FJor;da , r+~l~~ ~~,iril~r~ bondW Br M.ricaw F3~ 6 CswsUr ~4; Y S Y JO 7~~~; •
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<<f BOOK ~ , d b~: : :
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~ : ' ' . ~ 1964 NOV 27 ~ o ru
*~1 PM 3, i 4 . . ti:.......••~,~
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~ a t J ROGER POITRAS. CLERK
~ K:-,~~~ ~ • UCIE
~ i' ? ~ ~
i f ST. l COUNtY, FlORIDA
~ ~,~w:.~r t~?~r:
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