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_ To pl~a •nd cor+ltnuowly k~cp o~ the buUding~ ~ow or Mroafler ~hwte on utd lend and un ell e~uifsmont end Wnor~aily cowred ~y tfil~ m~xt~
wilh •!1 ~samt~mti ~henon psid M tutl, R~e inw~~na in Iho uival starxle~d p~ilky form. In • wm •pproved by Ihe MORiGAGEE, ancf wind~tam
iruw~nce in tfia u~u~l ~u~dud poliry form, tn e sum ~pptoved by Iha MORTGAGEE, In wch company a compante~ et the A10RTGAGEE m+y
d'vedl ~~d +11 (ks ~~d wG~di~orm Inwra~ta pol~ciei on any of s~ici buildin4s, eny I~tarosl t!wrein or part thereaf, In ths aqgregste sum atore~ald or
!n ~YCt~~ IMrooF, ~MII cor+t~M the uiusl tt~ndard mortgagee ciause or such o~hor c~+vie e• ths Ma~tya,~ea m~y requir~, maktn~ the loss under ~aid pol;-
eits, ~~ch end ~very, payable to atd MORTGAGEE a1 itt intere~l may appear, e~d tach and every ~uch policy ~hall be pranplly a~s:9nsd and deiivoted to
any Mld by satd MORiGAGEE ~t (utther security fo tetd mortgage d~bt, and, not les~ Ihan tan (10) dsya in advance uf Ihe expirotion of each policy, to da _
Iiv~r 4o taid MORiGAGEE a r~naw~l the~eof, topeth~~ with a teceipt for the premium of ~uth ~enewaiJ and Ihere ihall be oo fire or wind~to~m Intu~ance
plactd on ~y of taid bvildings, any inlereN Iherein o~ part thereof, unlesi in the form and wilh 1hs los~ payable a~ afcue~etdj and tn tho eve~l any tvm
o( :honay batomas pay~ble under such polity or polittai ~ald MORTGRGEE ~hall have tha option lo receiva and apply tha tame on eccouni of the indabted~
. ~?eu sec~r~d hareby or to ptrmil ~aid MOR(GAGORS lo teceive and use It or any part thereo( for othcr purpotes, without thereb~ waiving or impair•
in~ a~y puity, (lan or ri9ht undar or by virtue of thl~ mortgaye~ and in the event ~aid MORTGAGORS ~hall for any teason fail to keep tha said premise~ ~o
insured, or fell to deliver promptiy. eny of said politle~ oi insvrencs to •aid MORTGAGEE, or fail promptly io pay fully any premium therefor or in any
rtspstt fdl fo perfam, di~charge, execute, effetl, complete, tomply with a~d abide by this tovenanl, ot any part horeof, said MORTGAGEE may place and
p~y fo~ such In~wancs or any part thereof without waiving or affecling any optio~, Iten, equity, or right under or by vir~ue oF thi~ MwlgaQa, and the
full amount of each and every wch paymeni shall bo immediataly duo and payable and ~hall bear tnterest frem the daie Ihereof until peid at tho rate oi
nine per centum per ao~~m and together with ~uch interest thall ba iet~red by the lien of this matgage. ,
~1. To ptrmil, commit or iuffer no waste, Impairmant or deteriorotion of taid property or any parl ihereof.
5. To pay all a~d ttnyular tM costs, cha~qes •nd expemes, including a reasonable attorney'a tee a~d cosl• of abst?ads ot titte, Incurred o~ piid •1
' ~ny Ilme by iaid MORTGAGEE, baa~fe or i~ Ihe eveni of the failure on tha part of the •aid MOP,iGAGOR t~ d~ly, promptly and fvily pbrform, di~chargs,
~xecut~, etfec~, eomplete, comply with and abida by each and avery the stipulation~, agreement~, condiNon~, and covenantt of satd promlisory note and thi~
i mwtpays eny or eirlxr, and ~aid costs, cha~gas and expan~es, e~ch and ove~y, shall be immediately due and payable; whether or not ther• b~ notite da
mand, atttmpt to talletl or suit pendingt and the full amovnt of tach and every ~uch paymenl ~hall bear tMeresl fiom Ihe date thereof untll paid il the
~ ~ate of nina per centum pe? annum; and all safd coats, charye~ and expe~ses inturred or paid, togeihor with ~uth Interest, ih+ll ba ~ecured by ths lien of tht~
~y mortp~o. .
• 6. That (a) In the event of any breach of thi~ Mwtgage ar defauit on ihs pa~t of the MORTGAGOR, or (b) in the avent •ny of taid avm~ of money
- hsreln refarrad to !a not pranptly ar.d fuliy paid wi~hin thirty (30) dayi next after the same ~everolly become due and paya6le, without demand or noNce,
or (c~ in tM sver,t exh and every the itipvlallont, agreements, conditions 3nd covenantr of iaid prom?ssory note and thit mortpage any or tither ar~ no1
~uly, promplly ~nd fully performed, d~icharged, exewted, effected, compteted, complied with and ebided by, ihen in either or any ~uch ewnt the taid aq~ •
;~eyat~ wm msntbned In satd promissory note then remaintng unpaid, with tmerast accrued, and all money~ setvrod twreby, •hali betome~ d~e and pay~
t ~bfe (alhwitl+, oe lhert+fter, at the option of ~eid MORTGAGEE, a~ fully and completely a~ if all of Ihe sald sum~ of mon~y were oriylnally Nipufated
s,: - ro M pald on tuch day, snythinp In iatd promisswy nate or In this Mortgage to 1M contnry notwithstanding~ and lhoreupon or thereafter al th~ option of
teld M,ORTGAGEE, without notice or demand, suit at ~aw w in equity, 5herefore or thereafter b~gun, may be prosecuted a~ If •II moneyi axured hereby
Aad maturad prior to ita Institvtio~.
j ' •7. Thaf Io the avent that ~t tt» beginnlnq of o~ al any tim~ pendirp any suit upon this Alortgage, or to foreclwe N, or to reform It, or fa ~nfora
~ paymenl of ~ny clalm: hereunder, ~atd MORTGAGEE ~hall apply to Ihe Court having jurisdiaion thereot ta the appoi~tment of a Recelver, tuch Go~rt ahall
(wlhwlth appotnt a rccelv~r of ~atd mortgaged property •II and sinpular, Inclvd~ng all and stngular the intome, prolits, l~sue~ and revenua~ from whattver
1ou~c~ derived, sach and avery oi which, it beir?p expressly undersiood, ii hereby mortgaged a• if specitically tet forth ind dMCribed In the yraming and
n
; habendum dauses hareof, and such Receiver thall have all 1?.e broad and affectiva funaions snd powen in anywise eroruiled by a Court to a Receiver, and
; •uch appotntment shall be made by such Court ai an admilted equily and a matter of abselute rigM fo iaid MORTGAGEE, ~nd wilhout refetence to th~
~deqvaty a Inad~yuacy of the value of tM ptoperty morlgaged or to the solvency or insolvency of said MORTGRGOR or the defendantt. and Ihat tuch,
• rtnta, profin, lntane, tisues end nvqnvet thall be applied by, :uth Recelver accotding to the lien or equlty of taid MORTGAGEE and the pracflce of ~vch
Court. : .
8. To duly, ~omptly and fully perfwm, discharge, executo, effect, complete, comply with ~nd abide by each and every ths stipul~liont, ~greamenb,
' conditioru snd cover?~nt~ in uid promiitory nola and Ihis mortgage Kt forth. • •
" 9. That in the •vent the ownenhip of the mortpaged premises, or any part thereof, becom~~ vested In a ptrwn other ihan the MQRTGAGOR, ths
MORTGAGEE, It~ svcte~sws and atst~ns, may, witho~t notice to the MORTGAOR, dea) with iuch ~ucces~w or wcceiior in (nterett with referente fo th(i
; morty~ye and ths debl hereby secured In tha same rnanner as with Mortgagot without ln any way vlti~tiny of discharginy fhs Mortflagor~' Ileblllty hera
under or vpon tl+~ debt hereby secvred. No ~ale of the premises hereby mortgaged snd no forbe+rance on Ihe part of tha MORTGAGEE or itt successon
«+:signi and no ext~n:ton of the time for the paymenl of the debt hereby secured given by tM MORTGAGEE or Us tuccessor~ or aisiycu, ihdl opupt~
: 1o nleau, dischsry~, modify cMnye or afteci ~Lo v~~ginal liability of the MORTGAGOR horein, ehhvt tn whole w In part. ~
' • 10. It ti epscifically agroed that time t~ of the essence of tht~ contract and that no wai~er of any obllgation htreunder w of tha obliy~tion sa-
; ear~d hertby thall at any tim~ thereafter be held to be a waiver of the termi hereof or of the tnstrumeM tecured h~erby. ~
~ 11. In addition to the fwegoing monthly payments of princ=pal and interest required by the promisscry note sec~red hareby, mor~gayor tovenanlt '
and sgreei to pay ro mortgagee with each monthly paymem an additional wm estimated by mortgagee to be tqual to 1/12 of the annual cott of tho follow~ i
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~ A-All real property taxe~ (evied or aisessed agalnst the above desuibed real estate. I
B-Premlumt on fire snd wirxlstorm inwranco as heroin required to be carried on Ihe improvemenf~ iituate on tho above de~ulbed preml~es.
C-Premi~ms on such mo~tgage guaranty Inwranca at mortgagee shsll from time to time de~m fB to urry on tM (o~n ~ecured hereby.
p;- Mortysgee ihall from tima to time notify mortgngor in writing of the amount due and payable hereunder and •~ch Eum :hall theravpon be dase and ,
pay~bfo on the due dete of the next monthly payment and each succeiiiw momh thereafter undl mortgaqe~ ahall nmiFy mortgs9a of a chanp~ in euch
; _ ~nount. Such sum~ shall ba applied by mortgaflee toward the payment of real proparry taxes, lnaurance premiumt, and mortyaps quir~nry I~uut~nu
$ • ' ptsmivmt.
~ WITNE55 WHERE~P, the aid MORTGAGOR ha~ hcreunto set his hand and ceal the day ard ytst flnt afote~std.
•Ird nd de vend le the ptei~nu of~ ..?1l
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4 ST/1TE Of FLORIDA ` ~ . . - ~
T.»r_ig ~ ~
~ . COUNTY OF .~S.t.... - , . , •
- b~for~ en~ p~nonally +pptand Honore Peace a widox
, ~~?X to rn~ w~il known u+d krwwn to m~ to M
th~ Individwl~describ~d tn ~nd who ~x~cut~d t'h~ fonyotny kulrurrwnt, ~nd acicnowledp~d Mfon rta tMt t~~x~cuted tM NrrM for tM pwpose~
~ . : dkr:M ~xptased. ~i~l+Y7(~ •
~ zusa[,~x~,arrataCiWC~fr]fiRiC ' .
~ • ;iDb7~oi]NC xa167C_
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; F~;, WITNE55 my hand and offki~l wal thi day ot ~ ~ 19~ ~
~ D ~ _ i .
;}i : Notsry P~blic in u+d fa tM Stats of Plorld~ at tar~ .
E ~ . My Commissian expireu ~ 1, ~s"
~ ~ . - • ~
F ~ F~f{1 F~lt~I .~Y1f1Q~ ~ ~.OM ~i0C~i11011'
Oi Fort Pisrce.
- . ,~`NHN~i~t~~r NotaYY Ptt611C~'StetO ot F10Kdef aE I:erg~
r~ ~N~~~;;s• f~ ANO RECOROED ...~3e~~~~,~, _ MY Commisslon Facplres April 24. 1955
~ ~,+f? jj j!r ~ ~ 5~~~~ b S Bonded by American Surety Co. of N. Y.
• ~ 800K . J s,
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~ ~ ' G. . : ~ ~ ~ • , . .
- f a • pM 3: 46 : ~ ~ ~ ~ ~ : a = . ~
~ ~ , : . 196~ DEC 10 ~ ~ . M ; . , ;
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~ _ ~ ~ar ' !ROG ER POtT . CIERK'. • r ~ ~ - . , - .
° s a` tY. FIORI~r . : ~ . .
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€ ~ ; i ~ 1. ~.UCtE COUN _ • • ~ ; ~ . . _ . . . _ . .
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~ . 1{l~ ~~~349 _
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