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Home My WebLink About0086Il. ~. ~ ~~ gii.X ~~ f'n 3- To place and wnGnuuusty keep on the buildings ro-w or hereafter fituate on slid land end on all ecruip neat ace personally covered by this mo::y ego, wl!h all prer~iun~s ilr_:zon f,ald in Full, fire insurance in the usual stardard policy form, in e sum approved by the h5U2fvi.GEE, and windstorm u~~. rrrance Ln the us~ral eta-~aerd poLCy form, in a wm approved by the MORTGAGEE, in suds co,npany or companies as th.e h50kiG OGEE m_+y der,.-c s; end alt Gre ar.d w;ndstorn: insurance pai~~ies on any of said buildings, any interest sn_'ein or part thrreol, in thz eygrryate v.r.r aforesaid cr in excess thereof, sha'I :--~ntain the usual standard mortgagee clause or such other clausa as ;ha ASOrtyagee easy requ,re, mtknsg the loss under sa.d poli- cies, eech and every, pa~ab'e to said MORTGAGEE as its interest assay app<ar, ar:d eacn and every such po!~cy shall be promptly ass geed rnd d.li•:errd w any head by sa!d /.50RiGAGrE es further security to said mortoage debt, and, not less tha:e cen (10) days in ad+ance e5 the expiration of each policy, to de~ liver to said A50?~~~%.GEE a renewal thereof, together with a receipt for the prra+ium of such tone r,al; and them shell be no f.re cr v+indstonn inwra•x_ placed on any of said buildings, any interest therein or part thereof, un;ess in the form and with the loss papab!e as aforesaid; and in the: event any coin ~f :runty hecomes payab:e ur. s.'cr s+,ch policy or poi: ties said 'AC•k:GAGES shell have the potion to receive and apply iha same en steno nl of the indebt•rU Hess secured hereby or to permit said A50RTGAGORS to receive and use it or any p.,rt tli,••.of 'rr e..~~r Puri;es:~s. v.i!ha_t th~:.:,, .:.+~.~+.~ .. „:~ ing a v equity, lien or right undo. or by virtue of this mortyage; ar:d in the event sa.d MORTGAGORS shall for any reason fail to keep the said premiss so insured, or fail to dr'.iver pre aptly any of said t•oLcies of insurance to said MORTG:IGEE, or f..r: p ornptly to pay fully any preinwni tis~r<•fer or :n am respect fail to perform, d~scharye, execute, effect, complete, comply with and ab.da by th~s covenant, cr my parr hereof, said 14:%klvAGtE easy p:acs a o pay for such insurance or anv part Thereof w,thout waivinu or affecting any optrcn, I!r•-, egwt; nr nigh" under or by virtue oc this hortgage, and the full amount of each and every etch pryn,ent shall be in,n,ediately due and payable and sF.a!i b:~ar interest fron~ the da'e th,:reof umil paid at the rats of nine per :entum per annum and to~rther with such interest shall b~ i^cured by the lien of this mortgage. A. To permit, commit or suffer no was0.~, impairment or deterioranun of said property or any pa t ther.:of. , 5. To pay all and rr:qular the costs, charges and exfenses, ircludrncs a reasonable ettorney's Fee and toe`s of abstracts of title, incurred or paid at any tine by said h50RiG.4GEE, because or in the event of tht fail. re on the part of the said h10RTGAGGR to duly, promptly and fully per For m, discharge. exewte, effect, complete, comply with and ab-de by each and every the sYpulaNons, agreements, conditions, and covenants of said or orsisso ry not: and ih~,s mortgage any cr either, and still costs, charges and expenses, each and every, shall be immediately dua and payable; whether or not there be notice d, rnand, arempt to coGect or surf pending; .:^d tht full amount ^t each and e+ery such payment shalt bear inb~resr from the date thereof until paid at tfie r.,r<~ o' nine t~or centu:n per annum; and as card costs, charges and expenses incurred cr paid, together with such interest, shall be secured by the lien of that mortgage. 6. That (a) in the event of any breach of this Mortgage nr default on the part of the h'.ORTGAG02, or ;b) in the event any of said sums of money herein refereed to be not promptly and tuay paid within thirty 130) days next after the carne v.verally become due and payable, without demand or notke, or (c) in the event each and every the sGpuiatiors, agreements, conditions and covenants of sad promissory note and this r-~,ortgage any er either are not duly, prornptiy and fully performed, d.scharg_d, executed, effected, completed, complied wash sell abid::d hy, then in either or any such event the tard ag- gregate sum mentioned in said promissory note then remaining ur•paid, with interest accrued, and all moneys secured hereoy, shall become due and pay- able forthwith, or thereafter, at the option o} vid MORTGAGEE, as fully ar,d completely as if al! of the said sums of money were engrnally copulated to be paid on such day, anything in s~.d promissory note or in this l.5ortgage to the contrary notwithstanding; anal thereupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law er in equity, therefore or thereafter begun, mey be prosecuted as if all moneys secured hereby had matured poet to Its institution. - 7. That in the event that at :he beginning of or at any time pond°ng any suit vpor: this Mortgage, or fo foreclose it, or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE sha'I apply to th<- Court having lunsdctien thereof for tha appointment of a Receiver, such Covet shall forthwith appoint a receiver bf said mortoaged property all and singular, in=lud~ng all and singular the income, profas, issues 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 habendu:n clauses hereof, and such Receiver shall have all the broad and effective funct.ons 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 erecter of absolute right to said !.50RTGA,EE, and wnhou` reference to the adequacy er inadequacy of the value of the property mortgaged o: to the solvency or insolvency of said MORTGAGOR or the defendants, rnd that wch rents, profits, income, issues and revenues shall be applied by such Receiver acco:ding to the lien or equity of card MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, con•.plete, comply with end abide by each and every the stipulations, agreements, conditions and covenants in satd promissory note and the mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without nonce to the 1.50RTGA0R, deal with such successor or successor in interest with reference to this mortyage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating sir discharging the .'.5ortgagors• liability Kerr under or upon the debt hereby secured "^ save of the premise; heresy murryaacd and no forbearance on the Dart of the MORTGAGEE or its wccessurs or acetone and no extension of the tim^ {or the payment of the debt hereby secured given by the MORTGAGEE or its wccessors or assigns, shall operate to release, dacharge, modify change or affect the oriy~nal iiab!I~ry of the MORTGAGOR herein, either in whole or ire part. 10. It is specifically a!+reed that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligation se- ;ured hereby shah at any time thereafter ba held to be a v:aiver of the terms hereof or of the instrument secured herby. 11. In add,non to the foregoing rncnihly payments of print pal and int;:re;t required by the promssery rote secured hereby, mortgagor covenants ar.d agrees to pay to mo:tyagce with each n~.onih!y pav.nent an add~tionai sum esK:hated by mortgagee to be equal to 1; 12 of the annual lost of the follow- ing: P.- Ail real ;-roperry taxes lev!rd or assessed against the above described real estate. B Prerniuins o.i lire ar.d wi~~dstorvn insurar.c^ as herein required to be carried on the improvements situate on rile above desuibed premises. C--Pre.rdwns on such mo:tgaye guaranty insurance as mortgagee shall from lime to erne deem fit to carry on the loan secured hereby. ~.5ortgagee shat: fre•n time to tune notify mortgagor in wrinr.g of the eu.oua d,:;: and payable hereunder and such sum shall thereupon be due and payable on rile due da'e of the next monthly payment and each successive month thereaRcr until mortgagee shall notify mortgagor of a change in such ,. r..^unt. Such sums shall be applied by mortgagee tovrard the payment of real property fazes, insurance premiums, and mortgage guaranty insurance premiums. Ir \'JITN S "rHEREOhe said MORTGAGOR has hereun!o set his hand and seal the day ~yrear first aforesai ~ _ Si eel (n~ ewd in tfte roseate of: \7/`/I ~ ~ ~ ~ (Seal; v ~ c ~ cL ~ (Sea!) - (Seal) _ - (Seal) ~IHIC Vr CLV KIUA ~ - S5. COUNTY OF ~ r ' '' t ~ ~ = _ ) Before me personally appeared f)p ~ r`-°"t T ~tl.t"t' and j n r n ~~ ~ _ ~'t t ~ t 1 ~ _ _ hit wife, ,o me well known and knevm to me to be the individuals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes therein expressed. And the said - T `v" nB---P ~T' T' ~ j' g wife of the said ~Al s-.ny.t ~ (`tirt; q __ upon a separate and private: examination by me taken separate er;d apart from her said husband, acknowledged to and before me that she executed said instrument free~y end volute tartly and without easy compulsion, constraint, apprehension, or fear of or from her said husband. ~ t ti day of A. Q. 19. ~.~ WITNESS my head and official seal this_ - '- ~~ - Notary Public in and rte atet• of F da at !ergs My Commission expires: ;' , ,`r ; ~,;; )•Return T'q: .~` ~~~~~ Notey Public, - --+'Fita1 fedeTal,$avings-~3 loan Association M State of Florida at Lary -' ~ • • -Ot`Fe(t Pie7ce. Y Commtssion ExFires lam. 14, 1964 : - - acn4sd J7 An~ricen {its a Casx~ Co. . _ ... .,• ~>9 ~~. t rJ: • ~~ : ~ 'I IS62 OCT 30 PM 4: 0 I `' ~~ l'•~ ` - 'r~. , ROGER POITRAS, CEERK ~ -- ~ ~ ; ~ , •, " ~.' ~ `- . ST. ~UCIE COUNTY, FLORIDA ~~~~"~.~~-' ~ ~,'~rr•`=f~1 - c -_~= --