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And feid Mo~tgegor3, (or themselvri and their heir~, legei rapresentetive~, s~ccaisor~ end ai~ign~, hercby joinliy antl taverally coven~nt and ~gret
ro and wi+h the :aid MORIGAGEF, iN eucte~~o~~ and a~siflnf:
1. To pay all and ~ingula~ the pr;ncipef and inlereit and ihe various r.nd ~~ndry ~um~ of money payable by virtue of said promiti~ory note, ~nd thl~
mortgage, each and every, pramplly on the day~ resprtlively the i+ma teverally become due.
2. To pay •II and ~ingular the tarees, aisessment~, levies, liabilities, obligationi and encumbr~nca~ of avery n~lure end icfnd now on seid detcribad
proper~y, or that hereaf~er may be impoted, su(fe:ed, placed, levied, or at~essed thereon, or th~t herea(ter may be levied or •ste~sed upon th(~ Mortfl-
age, or the i~debtedness iecured hereby, each and every, whan dve and payable, accordin9 to lew, before they become deHnquent, •nd before any tntere~~
attaches or any pennlty is incurred; AND INSOFAR AS ANY THEREO~ IS Of RECORD THE SAh1f SHAII BE PROMPIlY SATISflED AND DlSCHARGED OF
RECORD AND 1HE ORIGINAL OFFICIAI DOCUMENT 1SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR TNE SATISfACTION PAPER OFfICIAIIY ENDORSED
OR CERTIFIED) SHAII BE PIACED IN 1HE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT, and in the event Ihal a~y thereof i~ not
pafd, satis(ied and discharged sa:d htORTGAGEE may at any time pay fhe ~ame or any part thereof withouf weiving or a(fecting any option, lien, equify or
.7qht ~nder or by virtue of Ihis mo~tgage and the full amount o( each and avery such payment sh~ll be immediately d~e and paysble end thall be~t intere~t
~~om the date thereof unlil paid at ~ate of elght per centum per annum and toge~her wi~h such interstt shall be secured by the lien of !h't mergtaye,
3. To pl~a ~nd tor~tinuo~sly ke~p on the bulldinp~ now o~ Mr~after ?!tuate on ~~td I~nd and on ~II equlpmenf end parEOnetly tov~red by thit mortg~
tgs, with al) premlvm~ therwn paid In full, flre in~urancs in Jhe uaunl stand~rd policy form, in a ium approved by ~he MORTGAGEE, snd winditorm
i~~ur~ncs In tM uf~al ~tandard policy fwm, tn a tum •pproved by th~ fiWRTGAGEE, in wch tompany ar comp~niet u iha h10RTGAGEf msy
d;rectj and all tire rnd wind~totm imurance politfe• on any of ~aid buildinqt, ~ny fnter~it thersln or part thrreof, In thi sggra~et~ j~m sfor~~~Ed or
In sxai~ thereof, ~hall contain Ihe u~uai •t~nderd mortpaye• cleuse or •uch othsr clau~e a~ the Mortp~gee mey req~~r~, makinq th~ lo~• under ~aid poll-
cla, e~ch tnctevery, payebie to ~aid MORTGAGEE as it• intereit m~y appear, and cach end every tuch policy sh~ll ba prompt(y ~u,qned ~nd dativered to {
any hatd by t~fd MORTGAGEE ai further ~ecurity to ~a3d mw+gaye debt, and, noT Isi~ thin ten (10) d~yt in advance of ih• sxpir~tion of euh polity, to dt
liver to tsid AIORTGAGEE a renewal thereof, toyelher wlth a receipt for the premium of luch r~new~l; end there shall be no fire or wlndstorm int~r+~c~ ?
pleced o~ ~ny of ~eid bulldinflt, any intere~t therein or part thereof, unless (n ths form and with the loie peyabls et aforei+id; and tn the ev~nf •ny tvm
of monsy betome~ paysble under •vch pollry o~ policiei •aid h10RTGAGEE ~hall fiave the option to rcceivs and apply the seme o~ account pf tha Indebted- R
nau ~ecured hereby or to permit said MORTGACsORS to receive and u~e It or any part thereof for other nurposes, without thereby waiving or impair ~
tnfl ~ny equity, ilen or riyhr under or by virtus of thii mo~tflage; and !n the event ieid MORTGAGORS shall for any reason fall to keep the ~sid pfemi~es io ;
In~urrd, ot fa11 fo deliver promptly any of •eid policte~ of inturante to feid MORTGAGEE, or fail promptly to pay fully eny premi~m therofor or in any
reipett f~il to perfarm, discharfle, execute, efftct, complete, tompiy with and abids by this covenant, or any part hereol, ieid MORTGAGFF inay place and
pay for ~uch In~urance or ~ny part thereof without waivin9 or affecting any option, Iten, eq~ity, or right under or by virtue of thii Mortyegs, ~nd the
full amount of each end evary futh payment thall be immediately due and payable and fhall bear Interest from the date thereof until peid at tfie rato of
nine per centum per snnum and tcsgether trith such inferest shall be sacured by the Ilert of thia matpage.
io parmit, commlf or ~uffer na waita, .lmpalrment or detarioretion of ~eid proparty or any part thereof.
5. 1o pay al! •nd ~ingul~r ths cott~, cherge• end ~xpen~e~, indudiny a resionibla ertomey's fee and cosr~ of abstrodt of thle, inc~rred or pntd at
iny fime by uid MORTGAGEE, beceu~e or in tha evant of th~' tailure on ths Nert of 1he s~id MORTGAGOR to d~ly, promptly and fully perform, discherQq
~z~cu?e, effect, complete, compty with and abide by each end every the ttipuletiont, egraemtnts, conditionf, end cavenansa of inid promtsiory note and thi~
mortqepe any or •ithar, and said cost~, chnrges and expenses, each and every, thell ba !mmediately due and peyable; whether o~ not there be notice dr
TeM, •ttempi io eoiieei ot ~uii pe~ciing: ailu' ii~e iiiii oiTrAL't~f 'vi 2a~1 0~ ~ 8v~:r ;,z: ~8r:~;v:ii :ii~ i i=-i .?~~:Q:' f:a... ~_r_ el~ar.n! _ne:! a7e~ ef thw
r~te oi nina ptr centum pe~ ennum; and all ~aid coits, thnrQe• and expenses incvrrcdVw peid, together with svch tntero~t, shall be tecured by the~lian of thi~ ~
~rtq~fl~.
6. That (a) in the event of any breech of thi~ Morlgage or default on tha part of the M,ORTGAGOR, or (b) in the event any of taid •um~ of money
herttn raferred to be not promptly end fully paid within thirty (30) day~ next after the tsme •evually bscome due end payable, withoul demand or notice,
or (c) !n the event each and every Ihe ~tipulation~, agreement~, condition~ and covanent~ of •eid promissory note and tT~s mortgage any oe eilher •re esot ~
~~ly, promptiy end fully performed, d~scharged, executed, efftcted, completed, tomplied witfi and a6ided by, then in either or eny ~uch event tAe uid ag ~
prty+te svm menfioned !n tsld promii~ory note then remaining unpairl, witfi interesl actr~ed, •nd all money• ~ecured hereby, thall betome due ~nd pay- i
abl• forthwith, w tA~reefter, at the option of said MORTGAGEE, ai (~Ily ar~ completely u if sll of the ~eid sums of money wers oriflinally itipulated ~
to be paid on such day, anything in taid promissory note or in thl~ Mortgage to the contriry norwitnuanding; and ineraupon vi e;a: v; ;h:
Y~...,.
~aid MORTGAGEE, withovt notice or demand, suit at law or ln equity, therefore or thers~fter begvn, may be proiec~ted as if sll money~ •ecvrsd hs?eby
Md metvrad prior to it~ tnitit~tion.
7. Thet in the event that at the brginni~g of or at any time pe~ding any suit vpon thts Mortgaga, or to forectots it, or to reform it, or to enforce
paymant of any claimi hereunder, •eid MORTGAGEE shall apply to the Court having jur;idiclion thereof for the appointment of a Receiver, tuch toun ~h~ll
forthwlth appoint a receiver of taid mwtgaged property ell and sing~lar, includ~ng all end singvlar the income, profit~, fu~et end revenuei from whatever
eourca derived, each and every of which, it being expre~sly under:tood, ii hereby mort9~fled at if apecifically :ef forth and destribed in th~ grentinQ and "
hebendum tl+uses hereof, and tuch Receiver shall hava ell the broad and ef(ective f~nctior• and power• in anywise entrusted by a Court to a Recelver, and '
wch appointment shell 6e made by svcn Court at an admitted equity end a metter of ab~olute riyht tq iaid MORTGAGEE, and withovt referenca to th~ ~
adeqvaq or lnadeqvacy of the value of the properiy mortgsged o~ to ths sotvency or intiolvenq of said MORTGAGOR w the defendant~, and thet ~vch ~
rent~, profita, intome, itsuei and revenues ~hall be applied by ~uch Rcceiver eccordin9 to 1he lian or aquity of said MORTGAGEE and the practics of such {
Courf. - ~
, 8. To duly, promptly and futly perfarm, di:tharge, execute, effeq, complete, comply with and abtde by entb and every fhe tltpuletions, ~yreamentf, ~
tonditlons and covenants in ~eid promissory note and this mortgage tef forlh. F
9. Th~l tn the event th• ownenhip of the mortflafled premites, or any p~rt thereof, becomet vested in a person other th~n the MORTGAGOR, tha `
MORTGAGEE, It~ svtcetsori snd as~igns, may, without notite to the MORiGAOR, desl with i~ch s~ccessor or •ucces:w in intere~t wi"h: telpren~e to thia '
mortpaQe snd t!» debf hereby tecured in the ~ams menner a~ with Mortgeyor withovt in any wsy vitiating or~diichargln9 th~•;AAottysgon`__llabllity hertr
un~ar or vpon the dabt horeby tec~red. No sale of the premites hereby mortyaged and no forbaannce on Ihe part of the~MQRT~'sAfiEE ok Nt,ilti~eswrt
w~uigni ~nd no •xten~ion of the tima fw the peyment of the debt hereby •ttured QFven by ih~ MORTGAGEE or it~ iuctessq~s.or'eii~nt,•sA~ll opQrat•
1o isl~u~, d'~uh~rp~, modifr chenye or •ffect the original Itebility of the MORTGAGOR herein, either in wholt or In ptrt~:, ; '
10. It ts tpec~flcally epresd thet time ti of the estence of this contrad and th~t no waiver of any obligation_fiere~c~er;or of the obIIQ}tion ss•
cur~d Mr~by tfiall a1 ~ny time thereafter be held to be a watver of the ttrmi hereof or oi the insrrumenr secured herby. ti
11. (n addition to the foregoing monihly peymentt of princ pel ~nd interest reqvired by the promi~wry note secured ~f~pteby, matp~po,~ covenaht~ -
?nd ayrea to psy to mortflagee with each monthly payment •n additionsl i~m estimated by mortg;,gee to be equal to 1/12 04 thl;ahnval cwt of t}t! fo~low- i
~ - 1
A-All real property bxe• lsvied or assessed egaintt the ebove described real ettete. - _ '
~ B-Premium~ o~ fire and windsrorm insurence ae hertln reqvired to be canied on tha improvemrnti iituate on tM 6bov~, detcrlb~d~ ptemiies:~ t
C-Premiums on •uch mortyage guaranty insvrente es mort~~flea shall from time to tima deem fit to carry on the (oen sbc~rqd, he~e6y. . ~
Matflaflee shall from time to time notify mortflayor in writiny of tM •mount due and pey+ble hereunder and svch sum ~hall therevpon be due and
WY~~~• On t»e tiV• deie b"t in0 ~~twi iiJ~~ii~ij/ ~,OjvYali ii~3 6a::S •.s. o. . f,^.::^::i 'i._:~3ii~i ~:iii ~e .l:~ll . w~: 7.•••~•f=G^na nf s:-~inni j» t~l~}f
tmount. Suth •um~ ih~fl be ~Fplied by moHgagee toward the payment`of resl proporty t~xet, Insur~nce~ premiums, and mortyay~ yuanntv, inturance
pramlumi.
IN WITNESS WHEREOF, tM ~sid MORTGAGOR ha~ f~~ ~flr~'n¢c~cf'~s~~-,t
• • • • v rt and y r first afor :aid. ~
S?9 , S~sl~d : ver~d fn th~ pre~ence ofr ' j ~ ~ ~
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Not~ry Publlc ln and i t SUt~ of Florlda at 4r~ '
' My Commiulon ~xpir ~ _ f ~ ~
I Retum To: - :
' Notary Pa~l;r. SY~t~ o( i~a~~~~~ at ta•qe s
Citii~r~ F~d~r+l Swing• i ioon /~S:ocl~fion R~y ~o~,rj<<~» ~ t:. j '
of ft. tvtis Covntr 0 ~ ~r`vy e~:._. c. , _ . . . ~ }
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