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To plate •nd ta~Nnuo~~ly keep on the buildiogt oow a? herosfter ~ituate on ~alc1 lend and on ~U equipment end penon~ily covered by tht~ mort~•
~pi, wllh •II pr~mtuml thereon pald 1~ full, fi~a teavrnnce tn Ihe utual standecd poilty form, in e tum ipproved by the MORTGAGEE, snd w3nd~?orm
truunna 1n ths viu~l tt~nda~d poltcy lorm, !n e sum approved by the MORTGAGEE, In ~uch comp~ny or companias ei the MORTGAGEE may
13ilKI) ~nd all 1ir~ •nd wtnd~torm Inivrance politiet on any of •atd twtldings, any interest tFxrein o~ parl theraof, tn the agg~egete tum aforeteid ar
tn •xtt:t thoreot, ~h~ll confatn the usual ~~enderd mo~igegee ciauie or such olher d~uss st the Matgagae way requ;ra, maklnfl tM loss under ~eid polh
el~r, euh ~nd e~ery, payable Io ~atd MORTG!?GEE as its Intereit may sppea?, and each and ave~y wch poHcy ~hall be promplly ais:gned aod delivered ~o
any held by fald MORTGAGEE a~ furlher security to sald mort~age dabt, ~nd, not less than ten {10) dayt tn advante of the explratton of eech polity, to da '
~ (fvsr to eatd MORTGAGEf s renewal thereol, topether with e teceip! (or !he premium af tuch renewal~ and there ~hall bs no fire or windstotm insuranco
pl~ctd on any of said bulidingt, any INere~T Iheroln or part thereof, unless In the form and with the loss payable a• atoretaidj end tn ihe eveM any ium ~
of money 4xxomes payable under au<h poilcy or polictes taid MORTGAGEE ihalt have tha oplion to recelve and apply the same on atcount of tbe Indab~ed-
ness.iecured haeby o~ fo permh said MORiGAGORS to recefve and use It ar eny pari Ihc•eof tor o~her purpose~, ~vi~haut th:reb~ waivi~ig or impair• '
inq any ~quify, (ien w ~ight undet w by virtue of thls mo?tgaget and in the event taid MORTGAGORS shall for any reaton fail to keep s}ie t~id p~emises so i
tmured, w faii to delive~ prompfly any of said politie: of inturance to ~atd MORTGAGEE, or faii promplly to pay fully eny premium ~heretor or fn any ,
tespttt fail to pe~(o~m, dischnrge, execute, eifect, complete, comply with and abida by thi~ covenant, or any pert hareof, tatd MOkTGAGEE may plece and i
pay fot ~uch tnwrance o~ •ny p~rt thereof withoul w~iving or affecting any oplion, ifen, equity, o~ right ~nder or by virtue of this Mortgage, and ihe ~
full amovot af each and every such peyment ~ha!) be immediately d~e and payable and ihall bear interesl from tha data thereof until paid et the rate ot ~
nine per cenlum par annum and together wilh tvch i~tere?~ shall be secured 6y the Iten of thi~ mortgage.
Ta permit, commit or auffer no waite, Impairment or deterioration of iaid property or a~y parl thereof.
~ S. To pay ail and ~Ingular the costs, charges and expenses, including a reasonable attorney'~ fee and costt of ab~~rocts ot tltle, incurred or peid e~
•ny fime by seid MORTGAGEE, betause or tn the event of Ihe failure on the part of Ihe said MORTGAGOR to duly, promptly and fully parform, di~char9e,
•xecuta, ef(ect, complete, compiy with and ebide by each and every the stipulations, egreements, condition~, and covenantl ot seid promissqry note and this
mortyage eny or either, and eaid cos?s, tharge• and expenses, each and every, thatl be tmmediately due a~d payabla1 wFrether or not thera ba notite do-
mand, attempf to tollttt or suit pendingj and_ tha full amovnf of each and every such paymenl shall bear interest from Ihe date Ihereof until paid at the
rote of ntne per centum per annum; and all said costs, chargei and experses incvrred w pald~ together with •uth Interest, ehall be s~cured by the iden oi thiq
mortgase.
6. That (e) fn the event of any breach of thii Morlgage o~ de?ault on the part of tha MORTGAGOR, or (b) in the evenf eny of teid t~umt of maney
herein referred to ba not promp?ly and (ully paid within thirty (30) daya nexl after the •ame severally betome due and payable, without demand or nolite,
w(c) In the evant each aod every the ilipulations, egreemenn, co~ditions and covenants of sald promissory note and thi~ mortgape any or et~her a?e no1 i:
F ~uly, pranptly and fully performed, discharged, execured, effected, completed, complied with and abided by, then in either or any •uch event the taid a~- '
~ y~egatt eum' memioned in :aid promitiory ~ote then remaining unpaid, Hrith interesl auroed, and all moneya aet~red hereby, shall become due and pay~
able forthwith, or thereafttr, at ttro option of :atd MORTGAGEE, as fvlly and completely a~ If all of tho said sums of money were origtnally ~~ipulated
j to be paid on such day, anything ln said promissory note or ln thit Mortgage to the contr~ry notwithstanding; and thereupon or thereaher •t the op~ion of ;
~ uid MORTGAGEE, without notice or demand, tuit a1 I~w or in equily, tharefore or Ihereafter beg~n, may be prosec~led et if aH moneyt ~ecvred heroby
( had matured pria to ita Inilifution, ,
, 7. TMt 1n tF» svenl fhat af the beginoing of or at any time pending any ~uit upon Ihts Mortgege, or to foreclose it, or to re{orm It, or ta enforce
peyme~l of ~ny claimt hereunder~ ieid MORiGAGEE shall apply !o the Cour1 havi~g (u~isdiction Ihereof for the sppointment of a Receiver, tvth Coun ifiall
! fathwtth •ppoint a receiver of ald mortgaged property all and ~ingvtar, tncludeng al! and ~;ngular tbe income, prolits, Ittues ar.~ revenve• from whatover
~ wurce s~arived, each •nd every of which, it bein9 expressly understood, i~ hereby mortgaged a~ if ~pac~(ically set forth and desuibed tn ihe qranting and
habendum ciav~s hereof, and ivch Receiver sh~ll h~va ~II the broad and effective functions and powcra (n anywise entrvated by a Cour1 to a Recelver, and
i •uth appoin?menf shall be made by s~ch ~ourt ia sn admi~ted equity and a matter ol ebsol~ta righ~ Io •aid MORTGAGEE, and wiihout refere~ct to ths
~ ~siequacy w inadequacy of the value of the proparty morlgaged or to the iolvenry or insolvency of seid MORTGAGOR or the defendant~, end that fuch
y tents, profits, intome, iisurt and revenuet shatl be applierd by such Receivet according to the Ilen w equity of aaid MOATGAGEE and the p~aclice of such
} Court.
~ 8. To duly, promplly and fully pertorm, disct+~rga, execute, effect, complete, comply with and abide by eacfi a~d every the •lipulattoni, ~grrement~,
j condltions snd covenant• in taid promissory note and this mortgage ~et fwth.
~ 9. That in the event tha ownership of tha mortgaged premiset, or any part thereof, Ixmmes vetted fn ~ parton other fhan the MORTGAGOR, ttia
i MORTGAGEE, ltf ~~cceisas end assigns, may, wi~hout no?ice to tha MORTGAOR, deal with such tucceesor or s~ccessw in intcrest with reference to thif
' mortga9e and the debl hereby tecured in tha ~ame manner ai with Mortga9or without In any way vltiatiny or discharging Ihe Mortgagor~' Ilability hera
~ under or upon the debl hereby secured. No :ale of the premises hereby mortgaged and no torb~a~ance on 1ht ps~1 of 1hs MORTGAGEE or hs iuccessor~
a or aisignt and no exlension of tha time for the payment of the debt hereby setured given by the MORTGAGEE or it~ :ucces~ors or auignt, th~ll opsrate
~ to relaass, ditcharQe, modify change or effect the original Ilability af Ihe MORTGAGOR heretn, either in whote w tn part.
~ 10. It It iprcifically agreed that time ta of the essence of this contract and that na walver of any obligation hertundor or of the obllyation ~e-
! tures! hereby ihall at any time thereaher bo held to be a waiver of the termt hercw( or of the (nstrument secured herby. .
~ 11. In eddition to the faego;ng monthly payments of rinc: al and interest re v~red b the
; P P q' y promissoty note secured hereby, morigagor tovenant~
and ~gteei to pay to mortgagee with each monthly payment an additional sum estimated by mortgegee to be tqual fo.1~12 of the annual cost of the fot(ow-
ingc -
t
? A-All real property taxts levied or assessed againtl the above described real estste.
;
B-Premi~m: on fire and windstorm insurance as herein reqv~red to ba carried on the improvement• tituate on the above described p~emf~es.
~ C--Premlums on s~th malg~ge quaranty tntvrar,ce at mortgagee thall from time to time deem fit to carry on ~the loan .~et~red hereby.
~ Mortgsgee shall from time to time notiiy mortgagor in writing of the smount due and psyabfe hereundar and ~uch :um thalt thereupon be dua ~nd
~ payable on the due date of the next monfhly paymenl and each successive month thereafter until mortQagee thall notify mortgagor of a char?pe 1n such
amovnl. Such tums thall be applied by matgagee toward the paymsnt of real prcperty taxe:, inaurance premium~, end mortgage guarsnty (ntur~nte
~ . premivmf.
; IN WITNESS WHERfOF, the said MORTGAGOR hne hereunto set hts hand and seal tha day •nd year ftrtt sfw iaidi
' Stqned, See d and 'vered in the presence ofs n ~ ~ ~ ~ ~ ~ ~ (
t ~ ~ ~~t ~
1 ~ f ~n
~
' •n
~ , ~ ~Saan
? (Saa4
STATE Of FLORIDA
' cour~n of -Saint L ~ai ~ ~ ~ ~ . .
1 Befors me perwnally app~ersd Chg T+l j. e G&rit i~
t _ A 1 h~ r t a r2+ r~ t hts wtfs, to me well icnown ~nd known to ms to b~
the Indnldwlt decuibed Fn and wfio ezautad the foreqoinp tnslrum~nt, ar?d ~cknowledyed b~fon m~ tMt they ~xecuted the ~ame for tM purposa~
~ therefn ~xproasrd. And the sai~- Al het+ fl(1]''Ari
~ wife of ths wid ,~1~7+,'~,~ ~(3Y+An~ upon • separet~ u+d prlv~t~
examinetion by rr~ taken up~erate and apart from her ~aid husband, acknowledged to and bsfors rrK ti~at ~hs executed wld instrument fraaly and votun~
tarily snd w;th6u! any compultion, constraint, apprehcnii~ or fear of ot from her ~atd husFssnd.
# WITNESS my hand and official aed tfih ~2!Q day of A. D. 19S~L
~ . ~
. . .
~ . . Notiry ~ublk 1 nd for tM St~t~ cf Florfda ~t Lwp~
3~ MY
R.~w~ . . .L .
~ ww F.derd s+~t~y, a twn n.soct:rtw, Notary PubNc. Sta4e o~ l~orlda et
~ ~~~,,.r4~f,~q;; P~~u. My Commission Ezpi~es AugI+.
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