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HomeMy WebLinkAbout0653` BOOK ~ ~ ~~ 3. To play and continuously keep on tM buildings raw a hereafter sih-a» on said land and on dl agvlpment and personally covered by thin mort¢ age, with all premiums thereon paid In fuH, fir= inwrana M tM usual stwdard poky form, M • sum approved by the MORTGAGEE, and windstorm inaurana in the trswl standard polky form. M • sum approved by tM MORTGAGEE, In wcA company or companies a tl+a MORTGAGEE may d'uectt and all fin and wirdatomt lrtatxartce polkles on any of uid buildings, any Interest therein a part thereof, M tFse aggrega» awn afaeuid or in ueeu thereof, shall contain 1M uwal sfhtdard mortgagee clavu a such Daher clavw as tlta Mortgagee may regvin, tnakirp the loo under said pdi- ciea, exh and awry, payable b uW MORTGAGEE as in in»rest may appea, and esch and awry such poky atoll be promptly auignad and delivered to any Mb by uid MORTGAGEE as further security to said ntortgape debt, and, not lass than ten (10) days M advance of tM expiration of each policy, ro do- liver ro ukf MORTGAGEE a renewal thereof, together with • reuipt for the premium of such renewal; and then sMll be no fin a windstorm lnaursnce plied ors sny of said buildings, any interest therein a part thereof, unleu In the form and with the loss payable as aforesaid; and in tM event any sum of money becomes payable under such policy a policies uid MORTGAGEE shall haw the optan ro receive and apply tM same on account of the lrtdebted• rasa secured hereby or ro permN said MORTGAGORS ro raafve and vas it a any part thereof for other purposes, without thereby waiving or impair- ing any equity, liar or right under a by virtw of this ttartgager and in tM event said MORTGAGORS shall far any reseals fail to keep the said premises so insured, a fail to deliver promptly any of uld pelicies of inswanu ro said MORTGAGEE, w fail promptly to pay fully any ,premium therefor or in any respect }ail ro perform, discharge, execute, effect, comple», comply with and abide by this covenant, or any part hereof, uid MORTGAGEE may plxe and p+y fa such inwrance a any part thereof without w+ivirq a affoctirq any option, liar, equity, or right under a by virtw of this Mortgage, and tM full amount of each and awry such payment shall !» _imntedia»ly dw and payable and shall bear Interest from tM date thereof until paid at tM ra» d Wins par centum per annum and together with such interest shall be eacured by the lien of this mortgage. 4. Ta permit, oortrrtif a suffer ra waste, 4npakrrwN o- deterioration of said property a any part thereof. S. To pay all svtd singular the owls, charges and expenan, incitxd'ing a reaeonabN attorney's fact and Doan of awtrarn of ride, irxvr.eo or wp n any Lima by said MORTGAGEE, beuuu a in tM event of tM failure on tM part of tM uid MORTGAGOR ro duly, promptly and fully perform, dixharge, execu», affect, comply, comply with and abida~by eadt and awry tM stipulation, agreements, cordttions, and oovenann of said promissory rests ono this mortgage any or etther, and ud Goan, ct-arges and expenses, each and awry, sisaii b. imnivaiiaieiy ciw artio pay ~:a, .:`,~'`.a: a: ..-a: t`::. Sa --t`•== de nand, attempt ro collect a wit pendirq; and the full amount of each and every such payment shall bear interest from the data thereof until paid at the .!,,,. nt ni,K per csntum per annum; and all acid Doan. c.haraes and extasrwa indrrred ar paid, together with such interest, tthall be secured by the Ilan of thb mortgage. . 6. TMt (a) in tM want of any breach of tIIR Mortgage a defwh on tM, part of tM MORTGAGOR, a (b) M tM awns any of uid awns of matey herein referred to be rdt promptly and fully paid within thirty (30) days rwxt afte+ tfte same severally become des and payable, without demand a notice, or (c) in tM event each and very the atipulatiorta, preamenri, cordiYaro and txvertants of uid promissory note and Chia mortgage any or either aro nol duly, promptly and fully performed, diachargad, exaMad, effedad, completed, complied with and abided by, than in either or any such went tM said ag• grsga» sum rrtentioned in uid promissory rtw~ than rernalnirtg unpaid, with Mtereet aocrwd, and all rrtortays secured hereby, shall become des and pap able forthwith, or therufter, at the option of uid MORTGAGEE, as fully and cample»ly as ff all of the uid sums of money wen originally stipulated to be paid on such day, anything in uid promiuory no» or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of uid MORTGAGEE, without notice or Demand, suit at lave or in equity, trtereforo a thereafter begun, may be prosecvtai as if ail .iw,5vys iEiW Od rri ei,y had matured prior to iri institution. 7. That in the event that at the beginning of or at any time pending any wit upon this Mortgsge, a to foreclose it, or to reform it, or to enforce payment of any claims hereunder, uid MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of s Receiver, such Court shall forthwith appoint s receiver of said mortgaged property all and singular, including all and singular the income, profits, leaves and revenues from whatever source derived, exh and every of which, it being expressly understood, is hereby mortgaged as if specifically set forth and described in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective functiom and powers in anywise entrusted by a Court to a Receiver, and such appointment shall .made by such Court as an admitted equity end • matter of absolute right to uid MORTGAGEE, and without reference to the ___ ~_ ~, __ ~ _ ., , _ _ .. . , tin _ _ _ _ r urn _r.. rents, prof,:a, :ttcom,~,'~tuues.'arA'rzl.,,.:et uai{~'vc :Mpi.:.~ bjJiuu, i2R~iver sc:..-,r3.;.y J .:.c ....: ar•r:c-juity ci ,_...,.,, . ~;.lEi ~ .. r _. -.. _r ..-:4 Court. a~ 8. TO duly, promptly and fully perform, oixi,erge, execs,ie, efieci, awi*,ieie, CwT.yiy w:tl: 3:.,fi .t,€~°. b, ___.c a-. a==ry 2'•--'-+ _ ~_tat:~v.s, ~oreaT:enta conditions and' covenants in uid promissory note and this mortgage set forth. 9. Thst in site event the ownership of the mortgaged premises, or sny part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with reference to thin mortgage and the deb! hereby secured in the same manner ea with Mortgagor without in any way vitiating or discharging the Mortgagors' liability hero- under or upon the debt hereby secured. No ule of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its wccessors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its succeuora or asiigna, shall operate to release, discharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that tlms is of tM essence of this cottrad and that no waiver of any obtigatiot hereunder a of the obligation so- cured hereby shall at any time ih~reafte: b.- hard to to :...:va of :`.s .a.:..a .`a:s,^,f ar of Sfar :rs: ;,--r.:s:: un::sd '•.::hy. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto ut his hand and sea! the day end yeu first afonutd. ~,~,~y~-d, S~.led a~ dali~r~ in fha, was.noa of: i iii !i"!i~ ~ ~i r ~~~• (Seel} Sealj ~aq STATE OF FLORIDA ~ ' Saint Luf=ie u- cou ~~ ~ 1»raaMlb appe~ Clifton B Gee area R athrpn Gee his wife, ro m. well k,awn .red known to m. ro be tM individuab described M and who executed the foregoing ktttrurrtetst, and aduawledged before me that shay ezacuted tM same for the pwposas therein expressed. And rlt. e.ta K athzgn Ge e wife of tfte said C1 i f t on B G e e upon a separate and pirva» examination by me »ken aepara» and apart from ho uid husband, acknowledged ro end before nta that sM axecvted uld Instrtrrrtent freely and vol~n- tarily and without arty corrtpubion, coutnint, appr ~ion~ _qr fear of a from her said husband. / WITNESS my hard and offidal seal *l+te ~ly ~J daY of A. D. 19S¢~. ~ ~_ Pfoary Public and for tM Sti» of Florida at large My Commixpirea Return Ta First Federal swings i to.n Association fort Piero. tiff!' .Florida ,~ ~aPL ,rr'. • y,. ••. .: :~ . .._ 1 ~i..,,......! ('. .,. _: ~ .-~ ~ V Y~fr.. lO~. '.Y .;~ ~ t! ,~, r wttt,,,.,~• _ ~Y PuDI!c, Stith of Fbtid at LarRg MY Cornmlas+on ~ ielt:~2, 1963 8ortd~d py Amtxkan Surety Co. of tt1. Y. 91505 Ff ~ Ah0 RECQROED ,a -p °6' A~~ I5 Y?' 2: 53 :;OVER POITRAS, Cl~"°~ tt si. ~uclE cour~rr, ~~u~,. ~~~ t f $ .i