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To pl~c~ at?d tonl{twotnfy ko~p on Ihe bulld(r?pt now o+ Mt~~ftir ~itwtt 4n ~~id I~nd and on aU equipmepl ~nd pananally covK~d by ihN ~no+?0~ ~
~ rp+, with sN pr~mlumt lMre~n paid M(ult, lira tnsur~nte i~ the uwN N~nd~rd polky torm, in r ~uen ~ppov:d by IM N10RTG~1(3EE, ~~d ~atnclttorm ; i
~ Mu:x~nc~ in 1M vswl ~~andard poiky lorm, in ~ wm a~ow~ by ~M MORTGIIGEE, In ~uch ,cQmpany o~ comparti~s ai tl» N10RTGAt3EE may
dk~cU ~+d •11 fQ~ ond wt~datorm i~sw~ncs policia• on •ny of =atd bulld~inqf, any Int~~~s~ ~hsatn ot pu~ ~her:of~ In Ihe agq~ep~te" ~um sfw~aW or
¢ I n ~xcai tMreof~ ~ t? al) ton!a~n tM vw+l flondud mat 9a~ee ttavts ar tuch o~MF:.cl~uto •t tha Mor14agee may r~quiri, mai~ft~q 11» Iw,i uncitt ~a+d polk
ti~s, ~ath atxl •vety, p+yabta lo s~id MORTGAGEf as i~~ tnleresl may app~ar~ ~~d :i+ch ~nd w~ry tvch policy ~shall b~ proanpilY ~s~~qn~d ~n~ d~l~v~red to ~
¢ a~y Fald by aid MORiGAGEE (wlhar ~ec~rity to ~dd mortg~qe dqbt, and, nat I~u ihan ten (10) d~yt tn •dvant~ uf IM ~xpi~ation of ~sch poiity, to dh
# Iiwr to ~aM MORTGIIGEE ~~~w~l tMtwt, top~thar with + recetpt fo~ the p~an~Lm of wch ren~wol~ ~~d IM~• ~hal! M ao firs a wind~~orm Iniur~nce i
$ plac~d on any of utd buildinyt, sny Inlere~l thsrein or parl thercof, ~nleu in th~ lorm and with IM loes pay~bl~ s~ storaald~ a~?d ln IM tvant any tum ~
ot nart~y bvcor»t~ p+yabis ~ind~r wch polky or policie~ uld MORiGAGEE ~hall ha~a the opl'wn to recelve ~nd apply Iha sam~ on tttaunl ot IM indebted~ 1
Mti ~tcu«d F?~ro~y a to ptrmll uld MORTGAGORS lo ~eceive and ui~ it a any~part thareol lor oihcr purposes, wilhou! lhareb~ watvi~~ or impair~ ;
g k+y any ~quity, 1(en w riflhl.urxlor o~ by vlrlut of thii mwtysgal ~nd In the avenl Nid MORTGAGORS shail (or any re~son fail to keep IM aid premisot so j
ku~rsd, or f~il ro daltver promptly ~ny of ~aid policies of insur~ncs to ~Hd MO~!'1GAGEE, or iail promplly to pey tut~y ~ny premium therefor or ln ~ny ~
# t~~pect f~il to porform, dischsrge, ~xa~1s, ef(eet, compieie, comply wfth and abtdt by thi~ tovenanl, of sny pan harwl, •sid MORTGAGEE msy pl~c~ and j
k pay lot wch ln~wancr ar My part tht~~of wi~hou~ waiviny a at(ec?inq aoy optid~, Ilen, equhy, or riyhl und~r oe by vl~tua of fhh Morlg~g~, and tM ~
h+ll amount of e+ch artid evsry auth paymenl ~hall be immediately due and payabli ~nd ~hall bear tnterast f~om the dats iboraof unt11 psid N Its~ rots o1
~ ntn~ p~r ce~tum p~t ~nr?um and togather with tvch inte~eit shall be ~avred by tbe ~Iian ef thi~ morty~e. ~
~ 1. To ptrmtt, wmmit o~ ~uffer no wa~t~, Impairmanl a datertorstion of saldi prope~ty w any part t1?ereof. ~ j
#s . 5. To pay aU and :lnpular th~ co9h, chsrQa~ ind expenx~, includinp • reasonabte auorney'~ ~ee and <oslf of +btitrod~ of tiNa, Ineurnd or paid s~ +
~ny tlma by iald MORTGAGEE, betause ot in tFw event of tha failuro on tFu parl of Ihe iaid /~10RiGAGOR" to duly, prompdy tnc! }vliy psriarm, diuhmpq, j{
~ tx~cvt~, ~tttet. complet~, cvmply wi~h end ~bide by ~ach and evary the stipulationl, iQrermen~i, conditio~b +nd covananla of ~a~d promltiory oots ~nd thi~ ~
mort~aq~ any or ~i~Mr, snd ~iW cotils, charye~ and ~xpenu~, each and OV4fY, ~Aall be immedi~tely dw ~nd pay+blet whalMr u not th~r• bs noiica da ~
~ mand, ~ttsmp? to collect or suit pteding~ and th~ full amount of each and wery tiuch psymeM •hafl bear iotert~~ /rom tM dats tl~treof until pald al tM • ~
E n~e of nin~ p~r te~twn pe~ snnum; ~nd all tald co~u, charge: ~nd expenses incurr~d or patd, topoth~r with wch Initnot, ~hall be ~ecur~d by tM (i~n of thu
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~ 4. That (a) tn the w~t?t of sny breach uf thit MlortQ?ys w defiuit on tty paM o( 1M MORTGAGOR, or (b) tn tlw went ~ny of ssid sum~ of monoy .
Mt11t1 flfOfffd t0 M not psomptly ~nd futly paid withtn thirty (30) day~ next aNe~ tha soma ssveratly becoms dw and payabb, wflhout dsmand or nolk~, ~
~ tx W in th+ ~v+M ~ach and every the ttipul~~foru, agrsemtntt, condition• and covManq of said promitwry nols u?d ~hi~ mortp~q• any a etthec ~r~ nd
iulY. pranptly u?d tuUy pariormed, d~ichsrgrd, executod, eifec~rd, compl~tecl, cw~iplied with and ~bic~ed by, tFKn In ei~lkr a any eucR ~wnt tM taid ag
~ pr~y~t~ wm rrwntionrd in ~aid promisswy note thcn ~amafatnfl unp~id, with in~a~~st ac~rued, and all moneyi ~ecured hereby, tMll becom~ dw and pay~ ~
sbl~ fotlhwith, or Ihen~fts?, al It» oplior~ of taid MORTGAGEE, at tuily snd totmplotelY a~ if all of ihe said s~m~ of mon~y wer• aripin~ily tlipul~ted ~
~ to ba p+id on svch day, aaytfiin9 in said promissory mte or in fhts Morigsge to the contro~y nofwithsl~n~inpj +nd therevpon or thete+ftet at IM option of
~ wid MORTGAGEE, without r?o~ks a dem~~d, •uit at I~w or 1n equity, therafore•or thereetter begun, rtuy ba proseculed If all mon~ys Nc~+red f»reby '
~ had mawred prior to it~ Institu~io~. , •
; • 7. Th+t In the ~vent that at 1M beglnninq of or al any tims pendiny ~nr ~uit upon thii Mortgags, or to twecla~ h, ot fo nfam !t, u to ~nTores
~ paymsnt of any ct~tms her~undar, ~~id MORTGAGfE ~hitl apply to the CourJ Mving (uriid'+c~ion ~he~eof ior Iha eppoimm~nt of a Rstclvtr; svch Couri ehall
~ ~ fwthwitfi appoinl a reeetrer of ssid morlysged property all and ~in9ul~r, tncl~d~ng,~ll and sinyular ~he incom+, p?oiits, Iswn +++d nwnwf from whatever
wvra dtrivfd. eath and ~very o( which, i~ being ~xpra~ly underttood, if heratiy mwtgaged ae if apecifit~lly'st~ fath ~nd dtwibe~ In.IM pr~rt~lny ar+d ~
i babr+~dum cl~uset Aereof, ~nd wch Rcteiver ihall have all the broad snd efiettive fu~ctFons a~d power• in +nywite e+,uw~ed br s Cowi fo ~ R~ceivtr, and
~uch ~ppolntment ~hall bo msda by ~uch Court a~ an admitted eqvHy aod a maiter; of absolute ri9h1 lo ~aid MORTGAGfE, ~nd wltfwut r~Ier~nc~ to 1M ~
~ adequ+cy or tnadeqwcy ot tfie valve of ths property mor~gaged or to the tolver~y or insolventy oI taid MORIGAGOR o~ 1M d~fsndantc, snd tfid wch
~ rrnis, Rrofln, lnci~'rr?e, Iuws +nd revenuei ~ha:l be applied by stich RecelvN +cCwdiny to tM Uen ot ~quity of ?aid MORTGAGEE and tlu practiu ot fuch
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~ 8. To dufy, promptly and fully psrfwm, ditcharq~, execvle, effed, completi, comply w+th a~d +bid~ by eith and wery tM stlpu{ations. syrNment~,
conditiora snd covm+nt~ In aeid promisso?y note and Ihit martgayt se1 forlh.
~ 9. Tlwt In tha went tF» ownership of the mo~(qag~d premisei, w snr patt tMsrcof, 6ecomas ves~c~J In ~ parwn othet tMn tF~ MORTGAGOR„ ths
e MORTGAGEE, itt succeisor~ a~rl aaigns, may, wi~houl notiie to the MQRTGAOR,~ daal with suct~ iuccei~or or wccessor irt Fnterte! with nlennc* to thii
mortpsye and Ihs debl hereby tecvred in the aama manner a: with Mortg~gor wi(ho~t In any way viti+tlny or diuh~ryinp tt?e Maty+qor~' Il~bility htr?
~ under or upon Ihe debt hereby tccured. No •ale of ~he premise~ hereby mortpa~d and no iorbearante on If?~ pin of tM MORTGAGfE or it~ tutc~:ton
i or assigns +r?c! no ext~mton of the time tor the paymenl oi tho debl hereby sec~7ed qiren by the MOQTGP.GEE or ltt wccs~toil or auipn~, ahall op~rats
~ to r~ltas~, difch~rQ~, moclefy than4e or •ftecl the o~iginal liability of the MORIGAGOR Mrein, sitMr in who4e or In patt.
` 10. It i~ ipetlfkelly sgreed that time ti of tM essence of this contr~N and that no walvu of any oblig+ticM h~reunder ar of the obllgation N-
p~t~d Mnby ~hall ~t any flrtrs tF?ercafter be held to be a wa9ver of the Ierms i~nof ot of tM In~trweeM ~ecured herby. ~ ~
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11. In adclilion to tM forego:ng monthly paymrntt oF princ'pal end IntereN required by the promissory nota tecured hereby, mottps~or tovrn~ntt ~
ar?d ~raes to pay to mortgs8oe with tach mon~hly paymenf an addi~ional ~um estimated by mortg~gee to be eqwt l0 1/12 of the annwl coat of ths fotlow-
A-A!I real prcaparty Hxei leviad or asse~scd againtl the above described'tlal e~tate. ' ;
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{ 3-Premiumi on iirs and windstwm Insurance a: herein ~equ~red to bs urt(td on th~ improve+nenis.~ituate on th~ above dasuib~d jx~rt?Iset; ~ ~
C-Pr~mivms on su~h mortysge ywranty intunncs as mor~fl~gee shall fro'in t~me to time deem fit to urry on IM {ou~ tiecur~d hsttby. ~
~ Mortp:gee shall from time Io time noliiy mortgsgor in wriling of th~ amouM due and psya~blt hereundtr ~nd svcb wm ihsll Ihattupon be dW and ~
~ pay~bl~ on th~ due dats of the rtext monthly paymeM and eath successiw monlh thareafter until mortgaflce th~N notify mortga9or of a thanpe Io wth
~ ~rr?ounl. Such eumt shall be applied by mwtgagee toward the payment of raa) ~prope?ty tsxes, Intiurents premivrru, and mwtgay~ pwr~nlr (nwr+~xa i
r pr~nlvtr?t. - ~ - ;
~ N WITNESS WH REOf, tha a+d MORTGAGOR hsi hereunto wl his hand'and ieal the day fin ~toresaid. ~
~ . S~a a ivend In the pretienco of~ ,2 ~
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° STATE OF fLORIDl1 ~ t .
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g nL n..,ast,.id.t.i R}~nn a~ TV
O~fa~ tr~ p~rwn~NY ~PP~~red vtitjt-1~tt o tiv.u a~...i.. _
~ Gail Patriaia RhOBds ~ h1~ wtfe, to m~ w~ll krwwn +nd k~wwn to m~ W b~
~ IM k~dividuals dnvtbed 4n aod who fxecuted tta fore~oiry I~~rwna+t, arid ~tknowt~dqad betor~ tns tF?~t Nay ~ac~cuted th~ wm fa tM P~+rPo~as
~ ~.r~ .~....d. N,a ~,...ia~ ~ai ~ ~a rtci a Rhoad . - .
~ wlt~ of tM ~aM Charl ea Go t're i d Rhoads ~ ' , upon a MparsN and prt~a»
~ examtnatton br m~ tsksn sapu+te snd ~~srt ir«n F?N said hv~band. aeknowhbped to and b~fcn rew tMat sM sx~wt~d t~ald (+Kttue~t frs~ly and voluer
t~rUr snd without ~rry compul~ion, cautraint, appreMniwn or fear of or frw~~Mr said hus '
~t WITNESS n+y t»nd ~nd officlil ae+l thtt ~ 7~~ dsy d` A. R. 19~
~ ` l~~e~3 ~ _ ~ ;
~ Not+ry Pubtk in anc! ta tM S~att of Flait!} ~i LarQ~
~ R~twn Ta. ~ My Commis~fon azpirsu a- 2d lotiS^ .
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£ Fint F~d SavL+y~ 6 Loan ~1~wcla~ ' ~ ~
; ~ F~, P,««. , a ECO D ' r~~~ s~te ~ ~ ~,~~g . .
` Fat Pt.rce, fi«Wa MY Commission Exptres AP~ 1963
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~ ~Q~ r~ ~1 Bonded by Amerkan Surety CA. Q~i~ y -
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