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Home My WebLink About0892•~r•!t- rots tTV CI R 3. To plan and continuously keep on tM buildings now a 1wrtafter tltuah on aid land and on all equlpmant and personally cowrtd by this rrtortg- age, with all premiums tharaon paid In full, fire Inwrance M tM uwal starderd polky form, Ina sum approved by the MORTGAGEE, and windstorm Insurance In tM usual standard policy form, In • sum approved by tM MORTGAGEE, In such company or companies as tM MORTGAGEE may direct; and all fire and windst~xm inwrant:e policks on any of aid buildings, any Interest tMreln or part tMraof, In tM aggregate sum aforesaW a In txceu thereof, tMli contain the usual standard mortgagee clauw a such otMr clause as tM Mortgagee may require, making tM loss under said pol~- ciq, each and every, payable to said MORTGAGEE as its interact may appear, and each and ovary such policy shall bs promptly assigned and delivered to any Mld by said MORTGAGEE as further security ro said mortgage debt, and, not lass tMn tan (10) days In advance of tM expiration of each policy, to dr liver to said MORTGAGEE a renewal thereof, togathar with • -eceipt fo- 1M premium of such renewal; and there shall bt no fire or windsewm insurance placed on eny of said buildings, eny interest tMrein a part thereof, unleu in tM form and with tM loss payable as aforeuid; and in tM avant any sum of money becomes payable under such policy w policies said MORTGAGEE sMll have tM option to receive and apply tM soma on s:coun! of tM indebted- ness secured Mreby a ro permit said MORTGAGORS to receive and use it or any part thereof for other purposes, without thereby waiving w impair- ing any equity, lion o- right under or by virtue of this mortgage] and In 1)te avant said MORTGAGORS sMll for any reason fail to keep tM said premises so insured, a fail to dalivar promptly any of said policies of insurance to said MORTGAGEE, a fail promptly to pay fully any premium therefor a in any respect fail to perform, discharge, exetutt, effetl, complete, comply with and abide by this covenant, or any part hereof, said MORTGAGEE may place and pay for such insursnca or any part IMreof without waiving or affecting any option, lion, equity, or right under a by virtw of this Mortgage, and tM full -mount of each and ovary tech payment sM9 bt irrtmediahly due and payable and shall bear interest from tM data thereof until paid at tM rah of nine par ccntum per annum and together with such interact shall be secured by tM lien of thin mortgage. 4. To permit, commit or suffer no wale, impairment a de/erioralion of Bald property or any part thtrwf. 5. To pay all and singular tM costs, charges and txpenaea, including • reasonable attorney i fee and costs of abttracri of title, incurred o- paid n any tint by said MORTGAGEE, because or in the want of tM failure on tM tsart of tM said MORTGAGOR ro duly, promptly and fully perform, discharge, axecutt, effect, eompiete, comply with and abide by taco and wtry tM ttlpulariom, preemtnts, conditions, and covenants of said promissory rota and thh •~,~.::yi:y:::,y w ~,i~w:, G~wr "'w avi:i, w.z,;:iy~: i',.ji :::~r.::a, aac'r, and wary, shall be Irnmeoiiiiiy aw and payaiaia; wittiftr w ,wI 31w+a 'w twiici or mend, anempt to collect or suit pendirtp; and tM full amount of each and every such payment sMll bear interest from tM daft tMrwf until paid at tM rare of nirte net cenp,m per annum and all said costs, cM.ge• and a=Dances incurred or paid, together with such Inte-tst, atoll bt secvrad by tM lien of this mortgage. 6. That (a) in tM event of any breach of this Mortgage or default on tM part of tM MORTGAGOR, or (b) In tM want any of said sums of money Mrein referred to be not promptly and fully paid with;n thirty (30) days next after tM same severally become due and payable, without demand or notice, or (c) in tM event each and every tM stipulations, agreements, conditions and covenants of said promissory note and this mortgage any or either art not duly, promptly and fully performed, discharged, executed, effected, completed, complied with and abided by, then in either or any such event tM said ag• gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and pay able forthwith, a thereafter, at the option of said MORTGAGEE, as fully and completely as if all of 1M said sums of money were originally stipulated to be paid on such day, anythi„g i6 said promissory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured Mreby had matured prior to its institution. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, a to foreclose it, or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall ' forthwith appoint a receiver of said mortgaged property all and singular, including all and singular tM income, profits, issues and revenues from whatever source derived, each and every of which, it being expressly understood, is hereby mortgaged es if specifically set forth and described in tM granting and habendum clauses hereof, end such Receiver shall have all tM broad and effective functions and powers in anywise entrusted by s Court to a Receiver, and such appointment shall be made by such Court as en admitted equity end a matter of absolute right to said MORTGAGEE, and without reference to the adequar~ or inadequacy of the value of the property mortgaged or to tM solvency or insolvency of said MORTGAGOR or tM defendants, and that such rents, profits, income, issues and- revenues shall be applied by such Receiver according to tM lion or equity of said MORTGAGEE and tM practice of such Court. 8. To duly, promptly and fully perform, dixharge, execute, effect, complete, comply with end abide by each and every the stipulations, agreements, rnnrl:t:nna aryl rnvnnanta in aa:tl nrnm:awv not. a.vl tt.:a ,n,.,+,..,.. a.+ f,.,+s. - - _ _ _ _ .-.._ ..._..y _„_ __. ._..... 9. Thar in the event tM ownership of the mortgaged premises, or any pars tMreof, becomes vested in a person otixr 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 this mortgage and tM debt hereby secured in the same manner es with Mortgagor without in any way vitiating or discharging 1M Mortgagors' liability here- under or upon the debt herehy secured. No sale of the premises hereby mortgaged and no forbearance on the part of tM MORTGAGEE or its successors or assigns and no extension of the time for tM payment of tM debt Mreby secured given by tM MORTGAGEE or its successors or assigns, sMll operate to release, discharge, modify change or affect tM original liability of iM MORTGAGOR Mrein, tither in whole or in part. 10. It is specifically agreed that time is of tM esuncs of this contract and that no waiver of any obligation Mrsunder or of tM obligation se- cured Mreby shall et any time thereafter be held`to be a waiver of tM terms Mreof or of tM instrument secured Mrby. IIJ WITNESS WHEREOF, the said MORTGAGOR has hereunto set his Mnd and seal the day and year fir>}I~foresaid. _ Signed, Sealed and delivered in the presence of: w/~ .~~; rc ,r ~~ CL c c ~ t' a ^""l.-~L.,~e.n;'a i- (Seal) a ~ G D i ll.' ~ _ //- ~ _! i_~(t~r, (Seep r-- - ~ - / .~, l ? SS. .GAHtfTY'VT'" 1 Charles A Kelleq also known as Flefore me personally appeared nna 8 A~ and his wife, to me well known end known to me to be tM individuals described in and who executed the foregoing instrument, and acknowle~id_~tf~r~e that shay executed tM same for tM purposes therein sxpressad. And tM sal Anna p, j A wile of tM aid ar ea3 A e9'A~ AA knoTm AA ~}~gt At KA3pbtB8separete and pr+vate examination by me taken separate and apaA frors her said husband, acknowledged ro and before rrte that tM axecutsd aid instrument freely and volurr tarily and without any compulsion, constraint, apprehansioft, or feu of a from fSilr aid husband. WITNESS my Mrtd and official seal this_ ~G~-~ ~ E• Retwn To: c:.._. c,..l.r.t c...in... a soar, a-.,..t..:,,~ OF Fort Pierce. Fort Pierce, Florida F~, fit !~1\'J 1'.tCl'~•n~~ .~~~ ~ ~y~~ r~ zv ~ ~ :z~~: /~ r,rl y.y~- w '' .C t'. !. 1 ~ . -t - .~• '~\~ • Vin... ~? ~'i~ t, Notary Publk In and -far tfse i/ah-ef-fioridst-attarg~ / My Commiuien explnat ](7 ootamiasio~ e:plras Seiptembae ut t uF t •~; ,an LJ - .r ". .,,,~;~~ .,,~rrl~rlt'S~ r/