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1. To pt~cs •r?d co~Nnuov~ly k~ep on rhe buildinqi now or here~ft~r ?i~usts on i~id lend on~ on ali equipment snd par~ort~lly cov~red by thlt mort~ #
ps, wlth ~II premiumt Iheraor~ paid In fvll, fire Inwr~ncs In the uwel ~u~daid policy (orm, in s wm ~pprovtd by IF?~ l~tORTGAGFE, ~nd wind~torm ~
' k+twa?a In tM vtiwl ~I~ndard poliq fam, tn a:um approved by ~he MORTG~IGEE, In iuch company a compaais~ u ihe MORTGAGEE may ~
dktt?t s~d al) f(~~ and wind~twm Iruur~nte polkio~ o~ any of ,~sld buildinp~, ~ny Interoil tfiereln or part 1he~oo(, In,tM agyre9~~~ wm ~torcukl or ' ~
M~xctes tha~eof, ~hal1 co~taln the v~ual stenda?d ma~gapee elause c+t ~uch other claute t~ th~ ,Matp~yea mey rrquirs. m~ktr?q Ihs to~~ under ~~id polN
clr1, oath and ~very, payabl4 to s~td MORTGAGEf ~s it~ i~tueit may appear, and rach and every t~ch polisy ihel) ba ptomptly 6tis'9ned snd delivered ~o j
sny h~id by uld MORTGAGEE as (urthet ~ecurity lo ~~id mortpage debl, and, ooi le~s then ien (10) dayt In advance ot 1he azpirolion of e+ch polity, lo da •
liwr to ~+W /410RiGAGEE s renewal therrof, to9ether witA ~ ~eceipt tor thb premium of ouch ~enewat~ ~nd thero thail b~ ~o (ire or wtnds~arm inswanc• }
pl~trd on sny of ~~ld buildings, any lnteresl lher*in a p~rt thereof, unle~s in Ihe fam and whh 1fi~ lo~~ payabls u ator~seid~ end in iM event any wm ~
of mo~~y b~,~comss payable under iuch poUcy or policiei satd MORTGAGEE ihell have Ihe option to recelve and ~pply tM ~~ma on accounl af tM Indebl~d- ~
ntu ~ecvred M~eby or lo permil •+id MORTGAGORS Io roceive and us~ It a any pert thercot (o~ olher purposei, wiihoul 1h~reb~ waiviny ot impair-
iny sny r~quity. Ilen ot right undar or by virtua of this mortgegej and in the evenr •aid MORTGAGORS thail tor ~ny reason fail to keep the ~~td ~xemiie• ~o
" intvred, a iail to deUve~ p~omplly any of said policies of insuranta to s~td MORTGAGEE, or fail prompfly io pay tully ~ny premivm the~ofor ot in a~y ~
tsrpxt /~il to p«(orm, dischuge, execufe, alted, complete, comply wlth snd ibide by thi~ tovenanl, or any part hereof, s+id MORTGAGEE m~y place snd
pay for evth tn~~~ants or •ny pu1 thereof wi~hout w~ivtn9 or affectfng any option, Iicn. equity, or righl under a by virtu~ of thit Moriqape, ~~d Iht
tull sma++st ef each snd every ~uch paymenl ihali be immediately due and payabie and shalt baa~ tntere~t trom the dat~ lherrof u~~ll peid at the rafs ol
n1n~ pc~ tenlum per annum snd together with such i~dero~l ihsll be sacurcd by the IiQn of this moripaga.
1. To psrmit, tpmmlt a su(fsr no waite, Impairmenl ot deler'aralion of s~id proparty or any psrt thereof. ,
• S. To pay •I) ~nd singul~r the cosls, ch~rge~ and expenta~, includir?g a reasonable altorney's (ee +~d cosN of ~bstrattt of titis, Ir+turred or paid at
eny time by faid MORTGAGEE, because e+ tn 1ho eve~l of the failvre o~ the pari of ~he ieid MORTGAGOR to duty, promptty end fvlty pa~torm, d~ttha~qo,
~xacvt~, aHett, complete, comply whh and •bide by tatb ~nd every the •~ipulations, ~g~eeme~ts, tonditiont, and coven~nts o! ~aid ptomiswry nole and thi~
~wrl9ps any a eith~r, and ~sid coit~, charge~ and e~peote~, each and every, ~hsll be immediatefy due end payablej whatMr a not tMre bo notica do-
mu?d, allempt to collect or sutt perxling; a~d the fuU amo~n~ of each end avery svch payme+u ~haN bear Interest Irem Ihe d~t~r Mereof unHl pa~d al tM
~ste of ntne par «ntum p~r annum; and ali said cost~, charges and sxpense~ irxur~ed or paid, Iogather with tuch tnteres4 ~hell be tatured by the lien af this
mt~t9~.
6. TMt In the avent of any breach of thi~ Malgags or defavlt er~ 1Fr part of the MORTGAGOR, or (bj tn Ihe ovent ~ny of s~id tur~u of money
h~rNn rtf~rted to be not prarplly erx~ lully pald withln thirty (3a) dayt rt~xl aftef Ihe ~ame sevorolly become dw ~~d payable, wlthoul demsnd or notite.
ar (c) tn tM evsnl esch and eve~y tM ttipulationi, sg~eeme~ts, conditioni and coven~nti,of said promissory nole end Ih~~ morty~ye ~ny w eilher an nol
~+ly, prompNy snd fully perfwmetf, d~schsr9ed, rxeculed, alfcded, cumpleted, complied witl~ snd abided by, Ihen In eithe~ a any such wtn! ti?~ s~id ~g
preQ~t~ sum men~ionad In seid promiswry nole than rema:ninfl v~paid, with 1nleresl accrued, a»d all moneyo setured hereby, shall become dw end pay-
~blt fathwtrh, w thereatter. a~ the option of ~aid MpRTGAGEE, as fully snd completely a~ li all of the ~aid ~ums of money ware ori9tnaliy •Iipulsted
to be p~id on tvch day, anythinq In said promi~say nole o~ !n ~hle Martga~e to Ihe contriry notwithstandingj and Ihereupon a Iherea(ttr at tM option of
Nid MORTGAGEE, without notice w demand, ~ui1 ~t law w in cquity, tht~efcra or thcre~~ter begvn, may be proKCVled ai i( all maney ~ecurtd heteby
had matu~ed prior to its ins~it~tion. , .
•7. Thal In tM ~venl that at ths begtnntng o( or ~t any tims pendiny any suit upon thit Mo~tysge, o~ to foreclou !t, or to relwm !t, or to snfan
~ paymenl of •ny cbimi heraundar, taid MORTGAGEE cfiall apply to the Covrt h~ving iurifdidion Iherooi fo~ 1M eppoiotmcnl o( • Retelvtr, ~uch Couri eh~li
fathwlth ~ppotnl a ~aetver of ~aid mortgaged properly •U and sinflul~r, Includmg all and singular ~ha income. pro(i~~, ta~uai ~nd nvenve~ f~om whaf~vst
wurce derlved, eath and every o( wh~ch, it beinQ expres~ly unrkratood, is hareby morlgsgcd ai if tpeci(ically set forlh and de?tribad In tM 9rintinp •nd
~ Mbendum claus~s hereof, and such Recaiver shall h~ve all Ihe broad and effective functiont a~d powert in anywise entr~sted by • Court ta a Retelver, and
wch appotnlment thall be made by wch Court as an ~dmiqed equity and a rrwner of •bsofute rigM to :aid MORTGAGEE, ~nd without rt(srerx~ to the
~de~uxy a In~dequacy of tho velve of the properly mortgaged or to the wlvency or insotver?cy o! ~~id MORTGAGOR w tM defendanti, snd that such
~ rent~, protiti, it±comt, t~sues and revenves shall be applied by :vch Receiver sccordinq to the lien or equity ot ~~id MORTGAGEE and tM practice of tuch
Covit. _ , ~
@. To dufy, promptly and fvlly perform, discharge, exrtule, effect, complete, comply with snd ~bids by aach and w~ry tF» stipulttiau, aynament~,
cond~tion~ an~ covenaMi in said promiisay note and Ihi~ mo~tgage iet forth.
' 9. That In tM ovent the ownershtp of Ihe mortgayed premises, or any part thereof, bccomes ve~ted (n ~ peran other than tho MORTGAGOR, tM
AItORTGAGEE, iti sucteuor~ and as~igns, may, wiihou~ notice to the l1AORiGApR, deat with such succe~:or or tvcce~sw In Interest with rela~tnte to this
mar~9+~ and Ihe drbt hereby iecured in the same maoner a: wiih Mortgagor without in ~ny way vitii~ir~g w dittharging tF~s AAertga9ort' I(~bility her~•
~ under or upon the debt htreby tecvred. No sale of ifee premises hereby moitga9ed and no forbearance on ~M pan of Ihe MORTGAGEE a(n uxc~s~or~
or assiy,u ~nd no extension of the time for the payment of the debl hereby secvred piven by Ibe MORTGAGEE or i~i svccei~ors or assign~, ch~l1 op~rat~
~ ~ lo rtlt»~, di~charye, modify change or affect the original liability of the MORTGAGOR Mrein, •ilher I~ whole or In parf.
~ 10. It lt tpetifically agrerd that time' i~ of the risence of this conttat~ end Ih~t ~o wa(ver of any obliy~lion hertunder or of the obfl~ation ss~
. eund Iw~eby shall at any time thereafie~ ix h-'d to be s waiver of the term~ hereo#. or ot tha in:rrument secured Farby.
~ t L(n addition 1o the foregoing mon~hty payments of prlnc'pnl and interest required by the promiiwry nole tec~red hareby, mortgago~ COYManfs
~ snd agreei ro pay to mortgagee with each momhly paymem an addirional sum es~ima~ed by mortgagee lo be equal to 1/12 ot the annwl cost of iha follow-
k;
A-All iea) properry taxe~ levied oi assessed against the above desuibed reat mtate. •
~ B-Premiumf on (i~e and wtnds~orm insvrance a: hete'rn teqv~red to be tarried on }he improvamants sit~afe on the ~bove desuibed prsmi~, '
C-Pi~mlums on sutb matgage gusranty insurance ss monga9ee shall from time to lime deem fit to urry on the lo~n socured her~by,
Mottg+yse ~hall from time_to time no~ify mortgagor in writing of tF?e amount due and payabla hereundar •nd tuch ivm shall therwpon be dw ~nd
payabl~ on the due dale of Ihe next monthly paymont and eacf~ iuccessive month there~fter unlil mortgagea shall notify rtwrtgaflor of ~ chanyt In Wch
an?ount. Such sums ahall be applied by mortgagee toward the paymaN of tsal property taxet, int~ronte prem~~mt, ~nd mortgaQe yuatanty intwints
~ pr*mium~. -
~ IN WITNESS WHE OF, the said MORTGAGOR has hereunto set F~is hand and :esl the day and y r irat a esald.
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~ rud, Soatad d etl the pre •
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STATE Of FLORIDA ~ •
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. ~ ca,rmr o~ 3aint I.uaie . . . . ~ .
afor. m. p.rs«~+~ty ,pp~ued W. J. Butlel~
and
~ P A~ r] RL tl A7~ hia wNe. to m~ w~ll known and
m knovrn to ~ns to b~
thi tndividwb dssaibed tn and who txecvled tM fore~ainp tnitrum~rtt, and acknowledQed b~fae rrN tha~ thay ~x~cvted th~ sam~ fa th~ purpwet
~ •xw~,«~. ~a rti..+~ - ~ Pearl Butler
~ wHa at tM u3d ~ o J~~Lit 191' ' .
~xamin~Yan b rtw taksn se p' uPa? • wpar~ts s~ed priv~l~
y push and ~ rt from her ~aid huiband, ~cknowledgcd to ~nd befors rt» thaf sM ~xewt~d als! In~irurnent frt~fy and volu~r
t tsrily and witfwvt ~ny compvlaton, conitraint, sppreheni' -qy {esr of +or irom Mr ~aid husbsnd.
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~ Fkst f~derst Savtnp~ 6 t,oar, Mwde~io~ ' HUTARY PUBLIC: STATE ot flOR10A et ti~6 '6'6~'
~ Of for? P)e,c~. ~ ~
~a 1~~o0~EX~~ES NOY. 29.~9~~~~ ~ 'r ~
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