HomeMy WebLinkAbout15620. R ~ ~~~
Bb;;K-
3. To place and continuously keep on tM bulWlrsps now os Mreafter slts-ate on sakf land and on dl equlpnsent and pertasailY ~~ by this nartg-
sge, with all premiums Thereon paid in full, fin ir»urarsce in tM t»wl atatda-d polky form, M • sum approved by else MORTGAGEE, and windstans
inwrance In tM uwal standard pcslicy form, N • awn approved by tM MORTGAGEE, M asxh cornp.ny a conspanies w tlr MORTGAGEE may
direct; and all fin and wino:torm trssurarsq polkNe' on any of said buildirgs, any Interest thereb a Dart tlwreof, to tM eggregaN asrrn efaeufd a
in excess thereof, shall concern the usual standard mortgagee clause a such other clause a tlwt Mortgagee rtsay require, makMtq tM loss under said Pdt'
ties, each and every, payable to said MORTGAGEE as its interest tray appear, and oath and wary sud+ polky atoll M promptly auipnd and delivered to
any Mld by said MORTGAGEE as further security to saki nrwtgage debt, and, not lass than ten (l A) days In advance of tM explratia- of oath policy. to dr
liver to said MORTGAGEE • renewal tMreof, together with • receipt for tM premium of such renawalj and ther~slsal:f«f ~' ~ In the wantla~nyrswn'
placed on any of -aid buildings, any interest therein or'part thereof. unless In tM form and with rise loss pay tM same on arxount of tM indebted•
of money becomes payable under such policy a policies said MORTGAGEE sMll fuw 1M option to repiw and apply
nets secured Mreby a ro permit said MORTGAGORS ro reaiw and use it a any part tMrcof fa otMr purposes: without tMreby waiving a Fmpair-
ing any equity, lien or right under or by virtw of this mortgagaj and In tfse worst uid MORTGAGORS shall fa any mason fdl ro keep tM said premises w
insured, a fail to deliver promptly any of said policies of insurance to said MORTGAGEE, a fail promptly to pay fully any premium tMrefa or in any
respect fail ro perform, discMrge, execute, effect, complete, comply with and abide by this covenant, d any part hereof. said MORTGAGEE may place and
pay for such insurarxe or any part thereof without waiving a affectirp any option, lien, puny. a right undo a by virtw of thh Mortgage, and tM
full amount of each and awry such payment shall be immediately dw and payable and shall bear interest from tM data thereof until paid at tM rate of
nine per centum per srsnum and together with such imerest shall be secured by iM lien of thb mortgage.
~, io perm!!, commit or suffer rro waste, impairment or deteriorstion of seed property a any tk„ thereof.
5. To pay ail and singular tM cats, cMrges and exFenNS, Irsdudirsg a reasonable aHOmey i fee and rxsri of abstracts of title, kncvrrad a paid at
any time by uid MORTGAGEE, because or in tM event of tM failure on tM part of tM raid MORTGAGOR ro duly, pror+tptN end fully Perform,, disch•rgw
is, torrditia-.s, :sd crver:snts of said prominsory rota and thb
r• r_. t., ._=,.f, .,,,~ .h:,ft by each .nd .vary rise nipulations. apreemen ,,:::: r ^^rtce ,tom
toti, o,.:,::, :v.T:~:.c.C, ==-~.. aQlii WMtl+er w iwi . ....:
mortgage any or either, and said costs, charges and expenses, each and very. atoll be irrrrsediately dw and pay
mend, attempt to collect a suit pending; and tM full amount of each and wary such payment shall bear interest from tM date thereof untrtisle W~ o `M
rate of nine per centum per annum; and ell uid cosh, chsrges rind •:penses irtcsrrred a geld, together with such Interest, shall be sacwed by
mortgage. _
6. TMt (a) in tM event of any breech of this Mortgage a default on tM part of tM MORTGAGOR, a (b) In tM event anyvl I~iouMt ~~~ w rs~k~
herein referred to be not promptly and fully paid within thirty (~0) days next after tM same severally bat ~, and thaymatg+ga any a altlser an not
or (c) in tM event each and every the stipulations, agreements, conditions and townanri of said promissory
fvly, Promptly and fully performed, discharged, executed. effected, completed, crmplied with and abided by, than in either a any such event tM uid a¢
g+eyate sum mentioned in said promissory note then remainirq unpaid, with interest accrued, end all moneys secured Mreby, shall become dw s'nd IP ~
able forthwith, w thereafter, at the option of said MORTGAGEE, as fully and completely as if all of. tM said sums of money ware orp• Y Pu
sairitM ~KTGAGEE hw ahoutn ntot~ce or demand, s~itr ern atw or 1 ntaqult~ therefore or thereafte b gr ~t ~ b~aaove~uted as iofr alla,an'°^°ysasec~ed thereby
mad matured pnor to its institution.
7. That in the event that at the beginning of nr at any trine pending any suit upon this Mortgage, w to ioredose 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 shell
Forrhw'th appoint a receiver of said mortgaged property all and singular, indudrng all and singulp tM income, profits, issues and revenws from whattver
sourc<r d~~rved, each and every of which, it being expressly understood, is hereby mortgsged as If specifically set forth and described in tM granting and
hahcndum clauses hereof, and such Receiver shall have all tM broad and effective functions end powers in anywise entrusted Dy a Court to s Receiver, and
si ch aypou<tme.~r shall be made by such Court as sn admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to tM
ad:quacy or inadequacy o) the valve of the property mortgaged or to tM sohrency a insolvency of said MORTGAGOR or the defendants, and that such
rf., r•, profits, income, issues and• revenues shall be applied 6y such Receiver according to tM Ilan or equity of said MORTGAGEE and the prsctice of such
Court.
I with and abide by each end every tM stipulations, agreements,
B. To du~Y promptly and fully perform, discharge, execute, effect, complete, comp y
conditions „r~~_! ca+enants rn said promissory note and this mortgage set forth.
q that in the evem the ownership of the mortgaged premises, or any part thereof, becomes vested in • person other than tM MORTGAGOR, the
MORTGAGEE, ors successors anti asvyns, may, witFrovt notice to tM MORTGAOR, deal with such successor or successor in interest with reference to this
mo~rga9e and rho debt hereby xcured in the same manner at with Mortgagor withOvt in any way vitiating or discharging tM Mortgegori liability here-
und, r or ut.on tr~.~ d:L•t hereby scw~r•d. No sale of the` premises hereby mortgaged and no fo'bterance on tM part of tM MORTGAGEE or its successors
to release, d~scharge,r morirfyc ch nge' or affectetheyor girsalf liabi~ty ofh trM MORTGAGOR Mbeln'heilMrRie who ~ w rim partw~s « asegns, shall operate
10. It is spcuhca~ly agreed that time is of the essence of this contretl and tMt no waiver of any obligation hereunder or of tM obligation se-
cured hereby shall at any tone thereaher be held`to be a waiver of the terms hereof or of tM Instrument secured Mrby.
IIv \YITNE~`. WHEREOF, the sad IdORTGAGOR has hereunto set his hand and seal 1M day arsd year first aforesaid.
Signed, sealed and deGv,:red in the presence of- ~' i~---
~~JJ ! /~ . .. i /1. .~~!__~~sdi.laat!~-(Beef)
• _ (Seal)
-- - - ---- - -- - - - _ (Seep
STAiE GF FEORIGA ~ ~
S~Tint. I,tT~ie -)
couNryoF -- _ - -- ''lover L _~_anarv, fa sinfzlp s~ult __-snd-
Before me i.ersonally appeared -.------------ _
~sia•~wifer to me well known and koovr(ir to ms. to be
- rite tMt 3M executed tM s~rts~ for"tlid'pu!)so-Cs
the individual. described in and who executed tM foregoing instrument, and acknowledged befor'
-And-tinr`sai~~ ~ - ~J •.-T--`
therein expressed. _
nti .....,.,.,. _.., -- -~ ~ t .
WITNESS my hand and official seal this. --_ ~ -day of
Return To:
Frnt Federal Savings TL loan Association
OI Fort F.erce.
Fort Fierce. Florida
( ~~~•
•a ,~ ,,j,: •.
'4'
1 ,
, '~
;<
_ w. _ _ _
-'~ n_ :- th. State of flortda at la{rga .
Fiotuy ?uu.r. end •for
j;,y ~rssnsis:iCr. a P'--rt" s ^,' [' r• r - ,'.r. r 1
' My Cuarr'issi~r ~,.' -. ~~~•:. ~, Nbl
6... .•' t. n,.. ,. .... , .e.
~~,
>_~.J
Ab~ld ~r---~~i
sz~~
. _ -,,,
.~
~, , _ . -
~ ~E6 ~ ~ pM 3 Z7
L
:;~,;;Li~ 1'OITF',AS; ~ r
0
. ~+~,
•JrVt rJ.J