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Z. To plic~ ~nd tanilnuwuly ksap on iha buitdin9~ now w h~re~fiter titu~t~ on feid I~nd and on ~II aqutpment and penon~lly cov~rud by thi~ mot~Q.
t~. wilh •f) prtmiuml 1ha~eon p~id in tull, tt~e inswar,a in Ihe usu~l sta,xlard potfry (orrt~, In ~ wm appfov~d by the MORTGAGEE, ~nd wind~torm
- k+twuxy in tf~~ wval ~ta~dard polity iarm, e sum epFrovad by Ihe MORTGAGEE, In such tanpany qt tompante~ ai Ihe MORTGA(3EE r+iy
dk+c1~ uxl a11 fk• and w~nduorm iniuranc~ palicie~ on any of •etd butldings, any lntare~l thereln or p~rt tharoof, in tfis pyraq~t~ wm afor~aaid w
Qn •xce~a thefeof, th~ll coN+in ths uwal ~t~ndud mortgayee cleu~~ or :u<h o~her clauie ~t th~ tiAorip~Dee msy rsqvire, ?n~kirq tM lo~s unds~ ~aid po1M ~ i
cFa, ~ach ~nd wery, payabls ro t+id MORTGNGEE as iti inte~es! may appear, a~d cach a~d every tuch policy ~ha11 be ptomptly us:yne~ •nd deliverod lo
. any held by s~id MORiGAGEE funher iauriry to iiid mortpaye debl, ~nd, nor lesi than ten (10) day tn advan;o oi ~he expiretian of each poltty, to da
(:w? to ~+id MORTGAGEf a renswal thenof, toQe~h+r with a receip! for ihe premium of ~uch renewal~ and there ~hall be no fire or wtnd~torm inwrance '
plac~d on •ny of tisld bufldtng~, •ny tntare~t iheroin or parl ihereof, unlcss (n ~he farm end with th~ los~ psyabls a~ ~foroseld~ and in tha evero e~y wm
' oi mor+ay bvcomei pay~bta vnder iuch policy or policies ~afd MORTGAGEE ~hall have the option to recetve and apply the sama on ectounl of ihe Indebted-
, nast ~ecvred hsreby w to pe~mii said MORTGAGORS io raeive and use h a aoy pa~t theraof for othcr purposes, withoW Ihereb~ waiving or impair•
. inp any aqvity, lien ot right under or by virtue of ihi~ rnortpagep and in the evenl ~aid MORTGAGORS thall tor any teason fa(! to keep the ~aid prsmites so
. (nwred, or fatl fo dellver promptty any of seid policiet of inturante to •a3d MORTGAGEE, or fail ptompliy to pay fulty any p~emium there(or a In sny
, ~espea fail 1o perform, diicharge, executr, effal, complale, comply whh and abide by this eovenan~, or any parl herenf, satd MORTGAGEE may pbce and I
pay fw ~uch Iruurance or any psrt thereof without walvinp or affecting eny opti«,, 1(sn, tquity, or right under a 6y vtrtvs ot Ihli MalyaQe, ind tM
full amovnt of tath artd every ~uth paymeM ih~il be Immediefely due and payable and shali bear Interesl from tha date theteof ~nlil paid at the rats oi I
nirs~ prr ceotum per annum and toge~her with such intero~t shall be secvred by the Ilen of Ihis nwrtgage. I
' 4. To permit, commit or suffer no t,roits, impairment or deterioralion oi ~ald prope~ty o~ any part thereof, ,
5. 7o pay aN a~d sinyula~ tiu coat~, chargt~ +nd expenses, Including a reasonabls aitwney'i fae and cost• oi abstrad~ of titla. tntvrr~d or prld st ~
any itma by satd MORTGAGEE, bacau~e or !n the +veN of 1he iailura on ttie parl of 1he •aid b10RTGAGOR to duly, prompNy ~nd fully perform, di~cha~9~
' ~xecut~, effetl, complet~, comply with aod abids by wch and every the sttpulalions, agrcementi, conditionti snd cov~nants of taid promitwryr not~ artd thi~
~ mo~pape ~ny a eithe~, and iaid coit~, <h:rge~ ~nd ~xpemes, cach and every, shaH bo tmmediate~y due snd pay~ble~ whe~he~ a not thar~ b~ nolke ds~ I
mac~d, attempt to eollact or ~ult pending~ anc! the full amouM of each and every wch paymeM ihell bear interest from ths dat• therwf until p~id al tM ~
rote ot ~ine per centvm per annvmj and all ~atd coi~s, charyai and rxpe~se~ inc~rred or pafd, tagelhor wilh wch Iniere~t, ~hal! be ~ecured by iM ttan oi thu
j mo~t9a~a.
6. That In tta evenf of ~ay breach of Iht: Mo+tpaQs or default on ths parf of the MORTGAGOR, or (b) tn tM evant any ot ~aW sums of mortay
hefek? t~ferred lo ioe not promplly •nd fully paid within thirty (30) day next aftar tha •ame soverally become due and payable, wilhoul demand w nolke. ~
or (c) in the ov~nt each •~d every tha itipulations, ~greem~nt:, conditions and covenanti of s~id promissory npte and thi~ mortgaQe any o~ e3lhar ~re »ol
~ ~vly, prompdr ind fully performed, dischsrped. •xetuted, effected, compfeted, complied with and abided by. tt?en in either or any ~uch ev~nl IM seld a¢ ;
prey~t~ sum menfioned in said promissory nole then remaining unpatd, with interest accrued, and a1) monoy• secured hereby, thaft becoms dw ~nd pay~ 'I
? abla fo~thwitt?, or thereafter, at tM optiorr of taid MORTGAGEE, a• fully and camplsfaly ai lf all of the ~aid ium~ of monay wet• oriqinaliy tlipul~ttd
to ba pa~ oo such day, srtiytAiny in taid promitsory note or in thi~ Nlortgage to ihe cor?tr~ry notwith~tendinyt and thareupon or there+ftar at the option of
taid MORTGAGEE, without notice or demsnd, suit at (aw or In aquity, therofwe w thereafte~ bsgun, may be prosacuted ~s if ~II money~ ~acvr~d hareby ,
had matvred prior to it~ Imtifution.
'7. TMt tn tl» event ths! at ths 4xglnning of or at aey time pendiny any suN upon thia Morty~g~, or to foreclo~e It, w to tafwm h, ar to enforco
, paymsru of any cl~imi hersunder. ~ai~i MORTGAGEE shall ~pply to the Court havir~g i~risdiction thereof for the ~ppointment of • Recefver, wch Court shsli
fathxlth appoinf a ra~tva~ of taid mortgaged property ~il and tinpvlar, includ~rtg ail and ~ing~lar tM incom*, prolits, lt~uef •nd revenue• from whatever '
` rowcf deriv~d, e~ch and avery ef which, it bein9 azpressly undentood, it hereby mortgaged as if ~poci(tcslly Wrt torlh ~nd d~scribed In tFa yantin~ and
! labsndum clauses hereof, and tuch Recoiver ~hall have •p the broad and effative func~ions and powen (n aaywite entrwt~d by a Covrt to • Recetvsr, and
; ~uch sRpo(ntment ~hall ba made by auch Court a~ an idmtitcd eq~ity ~nd a malter of abaol~te ~i9ht to wid MORTGAGEE. ~r~d without reFererxe to th~
ad~quary or Inadeqvacy of the value of 1he properry mortQayed or to the Eotvency or iniolvency of iaid MOitTGAGOR o~ fha d~fendantt, and ~hat tuch
tero~, proEiq, income, tssuei and revenuas ihait be apptied by wch Rcceivar accordinq to tho tien ar squlty of raid MORTGAGfE and lhe p?ecllce of wch I
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} _ 8. To dvfy, promptly and fully perform, diacharge, execute, affect, complete, comply with and abidp by each and ~v~ry tFw stipulatiau, agreements. ' I
~ conditions ~nd covsnsnti in said promUsory note snd thi~ mortgage eet fath.
; 9. That in t1e~ svent the ownership of the mortgaged premises, or any part,thereof, becomew vesfed (n e perion othsr tMn the MORiGAGOR, itea
' MORTGAGEF, tts avcceuo~s ~nd asslgni, may, withovl noiice to the MORTGAOR, de~l with •uch ~~cce;sor or ~~ccessor In interett with referance to thia
' morty~yo and tha debl hereby ~atured In the same manner as with Mortgagw without in any way vhiatin4 or discharpinq tf?~ AAortpagon' liabllity Mra j
' undet a upon the debt hereby arcured. No sate of the prrmius hereby morfgaged end no forbearant~ w~ lf~s parl of the MORiGAGEE or ih sutcesson '
w
or aistgni and no eztension of the time for the payment of the debt hereby :ecured y~ven bq ths MORTGAGEE or ib wa~sson or ~ssiqru, iMll agsrat~
1o relesse, dixharye, modify thange or affect the oriqinal Itability of the MORiGAGOR Mrein, eBMt in whole w tn put. ,
10. It (s ~pecifically ~greed that tlme I• of the essence of this contract ~nd that no w~Ivar of eny obltgatton htrevnder w of the obHQatbn N-
wted hereby shall at any Hma thereafte~ be held to be ~ waJver of the tcrmi hereof or o( the trutrument secvred h~rby.
` ll. ln add;fion ta the forego:ng monthfy paymants of prtnc:pal and interal required by the promi~wry nole setured hereby, tnortyaqor tovenantt
and ~ rees to to mort a se with eath monthl
t 9 PaY 9 9 _ y payment an addiiional sum estimated by mwtgagee to be eq~al l0 1/12 of the annuel tail of the follow-
i ' i^9'
i A-All real prop~rty taxes ?evied or asseised against the above desuebed rea! eslate.
B-Piemium: on fire and wind~to?m insurance at harein requ7red to bo carried on tM improrements •ituate on the above desvibed pr~tnl~ef.
' C-Premiumt on such mortgage gwronty~tntu~ance a• mortgagee shall from time to time deem fit to urry on th~ ban tecured h~reby.
1'~ Mortgagee shall from time to tirne notify mortgagor• in writiny of the amount due and pay~bk Mrwndet ~nd tuch cum •hall therevpon be d~e and
payablo on tha dus date of the next monthly paymo~f and each successlve month ihereefter until morigayee thall notify rrwrtpagor of a ch~nys in vxh
•mount. Such sumi ~hall be applled by martgayee toward the payment of real property taxss, Insursrxs premium~, and mort9aye yuerenfy lruuranp
. prtmlwnt. _ ,
IN WI1NE55 WNEREOf, the ~aid MORTGAGOR ha~ hereunJO set hii hsnd and sea! fhe day and ys~r fi ~foresaid.
~ n~d, led and lvtred [n tM pratsrsce of: ,
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~ ~ - STATE OF FlORlDA J ,
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''i~ eefore rn~ p~na»!ly ~ppaared ~ Th e 1 tr~ A T. D_
i~ce~ g A ~ rt~7 ~ d~ 1 t ~
' isi~' w?F~. to m~ wsll krwwn ~nd known 1o m~ Po b~
' tlw MdividwFr dswibed In snd wF?o ~xecut~d th~ forpok+g Inatrumtnt, ~nd eckrwwl~ipsd b~fvr~ rrk that $Mr ~x~whd tF?s ~ f~ th~ Purpaes
w
~r Mxreln ~xpresNd. ,11wd•M~r~~+!- '
_ wii~ ~i-tlw-t~ti ,~port * s~p~nA'~n~!'prhri~
; ~?u~ninati«?.4y-+~-tak~w-+~p~rsw-s~i ~parf. ka~rMr-Nti iK~6anlr~d-1r ~+nr-bfKr ~ thal ~ o~tti~ ~W ~two~t¦hwl~r-a~i Mo~uw~~
` ~larit~+~wd. wiole~ul. ~n~. ~ow~1s3~+M ~~triinA-~'prel+ewMO~? Aar •~F ~r-fwr~ hef wir ~hwMed.- , •
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Wl1NE55 my h+nd ~nd offkl~l ssa! thie ;P dsy of A. D. 19.~
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Not~ry P In aed for iM S1at~ of FiaKida at 4up~
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# ~ ~ !"saY~~w+~ /?awct.~wn Hotar~! PuWic, State of ~a s~~ ~
~ s NS •ofali~ri Pieris. ~ Q~~~C~Q~D MY COmmissi011 Expires Aug. 6, 1963
' ~ ~ s re t~ P~~~q, ~~«it~ ~ i~/fij~la ~CO p A O~ Boaidod By Amar3can Suraty Co. of N.1lS
~ :p.~?S Q V~ - ~ ' .
~ . . ~ ~'o~.~:':~j~ ' ~ ~ ~964 DEC I 4 ' . . ' ~ ~ ~ -
. . ` PM 3. 46 ,
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_ ? ~ ~ : ,.•••''~t,~, ~ ~ ~ ROGER POiTRAS. CtERK ~ . . . 4, ;
- ~ ~'c;~,••;~:;•;•• ~ ST. l!lCIE COUNrY, ~IORlD~ . . .
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