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HomeMy WebLinkAbout0651~o K 2 42 3. To plan and oontirssrosatly keep on tM buildings now « hereafter aMuate ors raid lard and on all equipment and personally covered by this m«tg- age, with all premiums thlreon paid {n full. fin aswrann in tM uswl standard polky form, M a sum approved by tM MORTGAGEE, and winder«m inwnnu to tM wual uarsdard policy f«m, M a rum approved by tM MORTGAGEE. in such conrP+rrY or companies as tM MORTGAGEE may direct; and all fire and w'mdstorm inturance_ polkies on any of said bulkfirrgs, arty Interest therein « part thereof, M tM aggregate rum of«esaid « in excea thereof, atoll contain tM uswl atardard r,ortgagea dauw « such other clause a tM Mortgagee may require, making tM (oat under said poli- cies, each and awry, payable ro raid MORTGAGEE a iri interest may appear. and eaeh and every such pokey shall be promptly auigned and delivered to any Mld by uId MORTGAGEE u further security ro wid mortgage debt. and, not'less than ten (iW days In advance of tM expiration of each policy, ro de• liver to uk! MORTGAGEE • renewal thereof, together with a receipt for tM premium of such renewal; and than sMll M rso .fin « windst«m inwnrve placed on any of wid bulldasps, any interest therein a pan thereof, unless >n tM form and with tM kxs payable a of«esaid; and in tM event any wm of moray becomes payable ursder such pdky or polides said MORTGAGEE sMll Mw, tM option to receive and apply fM ume on account of tM indebted- ness retuned hereby « ro permit said MORTGAGORS to reuiw and uee it « any part thereof f« other purposes, without thereby waiving « impair- ing any equity, lien or right srnder « by vines of thb nr«t9ape: and sn the event said MORTGAGORS shall f« any mason fail to keep the said premises so insured, « bit ro deliver pomptly arty of said pq~cies of knswana ro said MORTGAGEE, « fail prortspliy ro pay fully any p•e~+i~„++ r-+e•etor er in sny respect fail ro part«m, discharge, ezeMe, effect, compMte, comply witls and abide by this covenant, « any part hereof, raid MORTGAGEE may plats and pay f« tuck inwranoa « any part thereof without wahine « affecting any option, lien, equity, « right under « by virtw of this M«tgage, and tM full amount of each and every such payment slsall be immediately dw and payable end shall bear asterest from the date thereof until paid at tM rah of nine per umtum per errwm and together with estate interest shall be secarnd by tM Ibrs of fhb nsorgage. ~. To permit, commit « wffer ra was», tmpaimsaett a dahrioratbn of said property a arsy pan thereof. r t_ _...t .,.,..t ~.f ai,af.arft of title. incurred « paid al :O p:y aii :rki Nn~i:iar lire avers, u.sr yea a,id expenses, irsciuding • r~ssvria u.a i, v^.Tj'. _.._ _ any time by uid MORTGAGEE, because « fn the event of the failure on tM pan of tM said MORTGAGOR ro duly, promptly and fully perf«m, dixMrye, •xscuta, affect, ca:.p:a:a, cc.:.p!y v::!!: ar:d abide by ce!tt aM!wry -hn s*ieuiariona, agreafnents, ca+ditiom, and oownantt of said promissory note and thb m«tpaoe env or eithN, and raid Cph, drargM and etpenses, each end awry, shall-be irtsrnediately dw and payabb; whether « not there be notice d- mend, attempt to oolbtf « wit pending; and tM full amount of each and wary such payment slsaii wear iniarasi Ervin tl=.a d:ta f;;r:re;:f v ~til Ya.,a. a! t~:e rate of nine per canton per anrwm; and all said cos», d!sarget and expenses irraxred err paW, togetMr with such interest, shall be retuned by tM lien of this 6. TMt (a) in rise event of arsy beach of thh Mortgage « defwh on tM pen of tM MORTGAGOR, o- (b) In tM event any of said sums of money herein referred ro be rsot promptly and fully paid within thirty (30) days next after tM same aeverdly become due and payaWi, without demand « notice, « (c) in tM went exh and every tM stipvlationt, preemenri, auditions and eovenanri of raid promba«y note and this mortgage any « either are not duly, promptly and fully performed, discharged, executed, effected, completed, orxnplied with and abided !y, then in either « any tuck event tM said ag• gregate sum mentioned In said promissory rate then rema6nfrq unpaid, with Interest accrwd, and all moneys secured hereby. shall become dw and pay able f«thwith, « thereafter, at the option of ssid MORTGAGEE, as fully and corrtpletely as H aii of tM raid wms of money were «iginally stipulated to be paid on such day, anything in said promissory note « In this Mortgage to tM contrary notwithstanding; and thereupon « thereafter at the option of raid MORTGAGEE, without notke « demand, suit at law « in equity, thenf«e « thereafter begws, may be prosecuted as if all moneys secured hereby had matured prior to its institution. 7. That in tM event tMt at the beginning of « at any time pending any suit upon this Mortgage, « to f«eclose it, « to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Coup having jurisdiction thereof f« the appointment of a Receiver, such Court shall Forthwith appoint a receiver of raid m«tgaged property all and singular, including all and singular tM income, profits, issues and revenues from whatever wurce derived, each and every of which, it being expressly understood, b Mreby m«tgaged as if specifically set forth and described in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective funct'wm and powers in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the _a~,....... ,v :,.a,laes~.ar•y of eh. value of the wooerty m«taaoed « to the tolvanq « insolvency of said MORTGAGOR « the defendants, and that such rents, proftts, income, lows and revenues inaii ix applied by such Racaivar auordtng to rile lien yr eyuitjr o, ia,u .:.~.a:~,..;~~ _~.= ~~~~ i::~:::=~ v; =__- Court. A To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in said promissory note and this mortgage set f«th. 9. Thst in the event tM ownership of the mortgaged premises, « any part thereof, becomes vetted in a person other than the MORTGAGOR, the MORTGAGEE, its success«s and assigns, may, without notice to the MORTGAOR, deal with such succest« « successor in interest with reference to this m«tgage and the debt hereby secured in the same manner as with M«tgsg« without in any way vitiating « discharging the Mortgagori liability Kerr under « upon the debt hereby secured. No tale of tM eremites hereby mortgaged and mo f«bearance on the part of the MORTGAGEE or its success«s « assigns and no extension of the time f« the payment of the debt Mreby secured given by tM MORTGAGEE « its success«s « assigns, shall opersts to release, discMrge, modify charge « affect tM original liability of tM MORTGAGOR Mrein, either in whole « in part. 10. It is specifically agreed that time it of tM essence of this contract and that no waiver of arsy obligaYan herwnder « of tM obligatan sr cured Mreby shall at any time thereafter be Mld to be • waiver of tM terms hereof « of tM instrument secured Mrby. IN WITNESS WHEREOF, 1M said MORTGAGOR Ms Mreunto set hit hand and teal tM day and year first aforesaid. ~t~ed, S~sled a~ d~j M preserve of: s~1 s~ ~ ~Cl ~J/J , ~ i - Seal)' i 'L4 • Seep (Seal) (Seep STATE OF FLORIDA Saint Lucie ~ couNry of flefon m. penor-ally appeared M H HOneQCUtt a„d Lulu Van Henflvcutt hb wife, to me well known and known ro me to be tM individsnb deavibed In end who execuNd /M foregoing inslrwrseM, and acknowledged bef«e me that tMy exewted tM same for tM purposes tlwrein expressed. And tM said L. ]1 a Van HAng~ycutt wife of tM said M H Honeycutt upon a separate and private examinat'an by rrse taken eeparate and apart from her said husband, acknowledged ro and before rtes that sM executed said lrsstrument freely and volun- tarily end without any compulsion, conttnint, apprehentan, « fear of or fran tees wld husband. WRNESS mY Mnd and offkial wort the ~l/ ~ day of A. D. -L My C«msbabn ettpaeu Return Toe Fast Fedud Savirsgs a tons Arsodation Ngt+ry -eibfit, Slate el Florida i>A LerN of Fore Pierce. My Comtaissioa Erpra lam. 24, 1964 • {qrs. PLra, Fkxlda - _ _ b.w as Aautirae nee a Casaalr e., `~~~snulhrr~t '~ -,, a C i~~,rr".~ ~~ .~A u' J ~ ~ ~~ ltd • ~-.,, ~:. at ~~<, ~rpsttluNsr~~..,. .s~~+~t~rt; ... UI ~,, .• ' ~~G a'" •~. !i : ~' _ _l s~J w ~~l ',~ ~a~ r,'s 1 ~ ~ f•~. ;; ;. ~'t3ClE CCU!1TY. FL . ~ ~ 91504 F F_L~ AND R~GD~.DED u~~r~, .{ ~ ~ ~ ~