The URL can be used to link to this page

Home My WebLink About0305iJ. h. ~L.J r. B~r~ L`..Ji j1~LrL~V~ 3. To pia:e and continuccfly keep on the bvl!:fingf now or hereafter f+tuetn on raid land end on all equipment and personally covered by Chit mortg- age, with all premiums thtreon paid it full, lire insurance in the uwal standard policy form, in a sum approved by th9 h10RfGAGEE, end windstorm insurance in the ufuai standard poCcy (peen, Ir, a sum approved by the MORTGAGEE, in such company cr companin et the A10RTGAGEE may direct, end all fire and windstorm Inwrance policies on eay of xeid buildings, any interest therein or pert thereof, in the aggregate sum aforesaid or Ir exc6u therNf, shall contain the usual standard mortgagee clause or such other deufe as the Aiorty agee may require, making the loss under sa,d poli~ ties, rash end ovary, payable to said MORTGAGEE as ih interest may appear, end each and every such parley shall be promptly ass geed and dtlivertd ro any held by said h10RTGAGEE et further security to raid mortgage debt, and, no; leu than ten (TO) days in xivanca o' the expiration of each poLcy, to dt- liver to raid MORTGAGEE a re:yew s' thereof, together wish s receipt for the premiur• of tech rentwel; end shore shall be no lire or wi:,dsronn insur v,cr plated a, any of said buildingf, any interest therein or part thereof, unless in the form and with the loss payable es eioresaid; end in the ~vsnt any s.; +, of money becomes payable under such policy or policies said MORTGAGEE shall have the option to receive and apply 'the same on account of the indrbred- ness secured hereby or to ptrmil said MORTGAGORS to receive and use it or any part thereof for other pvrposc•s, v. ithart th •n~;,y v. a,~.:,: t :. ,~• p u Ing any equity, lien or rigtat w,der or by virtue of this mortgage; and in the event said MORTGAGORS shall for any reason fail to keep the said premiss so insured, or fail to deliver prwnpiiy any of said poLcias of inwrance to said MORTGAGEE, or fail promptly to pay fully any prern,um therefor cr i~, a~~.y respect tail to perform, discharge, execute, effect, complete, comply with and abide by this covenarn, or any part hereof, said h50RTGAG;E may iliac, a ,o pay for wch inwrance or say part thereof without waiving or affecting any option, lien, equity, or right vndtr or by virtue of this h5orrgege, ar.d rt,o tu~l amount of each and every wch payment shall ba immediate'y due and payable and anal! bear interest from the date !hereof until paid et the rate oI nine per centvm per annum and together with such interest shall b» secured by the lien of ihif mortgage. 4. To permit, commit w w(fer no waste, impairment or dererior~:ion of slid property or any part thereof. S. To pay all and singular the cosh, charges end expenses, irciuding a reasonable attorney's fee end costs of ebsrractf of title, incurred or paid at any limy by said MORIC•AGEE, because or in the event of the failure on the part of the said MO4T'~AGOR to duly, promptly and fully perform, discharge execute, effect, complete, comply with and eb:dc by each and every the s•ipuletions, agreements, conditions, end covenants of sa,d promissory note a•,d rha mortgage any or either, end sold cosh, charges and expenses, each and every, shall be immediately due and payable; v. f,, that cr not there be nohC2 de mend, attempt ro collect or suit pending; and the lull amount of each and every wch peymen: shall bear interest from the dart thereof until pa,d at the rate of nine per cunwm her annum; and all sadd costs, charges ar.d expenses irxurred or paid, together w,th such interest, shall be secured by the !.an of the mot rgage. 6. That (a) in the even! of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of said sums of money herein referred to be not promptly and fully paid within thvty (30) days ne..t elite the same severally becoe,t doe and payable, without demand or nonce, or (c) in the event each and every the stipvtahons, agreements, condnions end covenanh of said promissory note and this mortgagt any or either are not wly, promptly and fully performed, d.uherged, executed, effected, completed, complied with and abided Sy, teen in ether or any such evem the said ag- gregate sum mentiontd in said promissory note then remaining unpdicf, with interest accrued, zed all moneys secured hereby, shell becomo due and pay- able forthwith, or thereafter, at the option of said MORIGAGEE, as fully end completely as i1 ell of tht said sum; of money were o~iyinally stipulated to be paid on such day, anything in said promissory note or in this N.ortgage to the contrary netwithstending; end thereupon or thereafter at the option of said MORTGAGEE, without nutlet or i •mand, wit et law or in equity, therefore or thereafter begun, may bt prosecuted as if all moneys secured hereby had matured prior tv its institution. 7. That in the event that at Iht beginning of or at any time pending any suit upon this Mortgage, or 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, includ•ny all and singular the income, prof as, issues and revenues from whatever source derived, each and tvery of wh,ch, it being expret,ly understood, is hereby mortgaged as .r tpec~hcally set fonh end described in the granting and habendum clauses hereof, and such Rtceivrr shall hove ell the broad and eHecrve tenet ons and powers in anywise entrusted by a Court to a Receiver, a•,d tech eppointmtnt that) be made oy such Court es an admitted equity and a matter :f absolute right M said h50RTGAGEE, and without reference to the adequacy or inadequacy of the -aloe of the property mortgaged or to the so:vency or imolvency of said 1.50RTGAGOR or the defendants, and that such rents, profits, incomq issues and revenues shall be applied by wch Receiver according to the lien or equity of said M1tORTGAGEE end the practice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effec!, complete, comply with end abide by each and every the stipulations, agreements, conditions end covenants in said promissory note and this 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, tht MORTGAGEE, its successors end assigns, may, without notice to the h10RTGAOR, deal with such successor or wccessur in interest vnth •eference to this mortgage and the debt hereby secured in the same manner as with IAongagor w9thovt in any way vitiating or d~schargu,y the 1.1ortgagors' liability here- under or upon the debt hereby secured. No sage of the premises hereby rr:urtyaged and no forbearance pis the part of the /M1ORiGAGEE or ih wc_essws or assigns and no exrens~en of the time for the payment of the debt hereby secured given by the MORTG%.GEE or its successors or assigns, shall operate to release, d~scharye, cudrfy change ^r affect tF.e Original Iiab.Lty of the MORTGAGOR herein, either in whole or in part. 10. It is specificaity agreed that time is of tht essence of this contract and that no waiver of any ebGgar~on hereunder or of th_ obligation se- cured hereby shall at any time thereafter be heed to be a waiver of the terms hereof or of the instrument secured herby. I I. Ir, add.tion !e the forego.ng rnomh!y t:aymrnts of prir.c pal end int.•;est required by the promissory no'e secured herub~, mortgagor covenants and agrees to pay to ,nortyagte w,th each ,non'hry payment an addnionai sum csnr~arcd by n,ertgayea to be eyuat to 1, 12 ci the ~-rn~+ua! cost of the foiio.v- ing: A--Ail real r•operty~ taxc; levied or assessed against the above deacribud real es'atu. B Pis r,iun,s cis tier and ..u,dsro::n inwra,,ce as herein required to be canted on the :n.~rovamen!s s.tuate on th~: above doscnb_d pn~mises. C-Premiums on such mortgage guaranty inwrance as mortgagee shell from i~me to time d_•em fit ro catty on the lo•~n secures-d herett~. RSortyag _•e s.':ali !rem tire: to tune notify mortgagor in wntmp of the an pout du. and payable hereunder and such suns she„ thereupon be due a,~.d I~ayab~e on the due daft of the next month;y payment ar.d each svctessive month thereafr-r until mortgagee shall noKfy rnort~a~or of a ch,-,age in such amount. Such sums shad be applied by mcrtgag•~e toward the payment of rt.,l prof.crty taxes, insurance premiums, a,~,d rnwtgage guaranty inwrar:cc premiums. IN•j;;IiNESS '.vHE tht said IrORTGAGOR has hertunto set his hand and seal the da/~nd year first aloe aid tie ~Jalced nd de voted in the pfesencc of: ' 1 ~ 5~~ ~-- --- (Seal) _ c~ f.w~- Cs`-mac-t, (Seal) ,~ -(Seal) rc.,.n SPATE OF fEORIDA S5. COUNTY OF -____::, t __ _ L.)1C 1 P. Before me personally appeared . _._ ~' n 9 _'. _`rl Iy° OT7; _ _ _ and -_- ~~ flnOh° h°071; __ his wife, to me welt kno,vn and known to me to be the individuals described in and who executed the foreg::in, imtrument, and acknowledged before me that they executed the same for the purposes therein expressed. And the raid (~~ A71Cr)~ P~'OC1'. wife of the said _ __ sJ O 9P, ~1 t~"OTl j ___ _ _, upon a separate and private txamination by me taken stperate and apart (rem her said husband, acknowledged to a:,d before me that she executed said instrument freely and voi~rn- tarily and without any compulsion, constraint, apprehension, or fear of or from her said husband. YyITNESS my hand and official seal this-. __~fe~ day of_~~~° ~'"'_ _ __, A. D. 191:7_ _ ~/ ~ ty._F _Q- N any Public in and for the State of Florida at Earge ~' ~ Commission expireu a . ~' ~4tvrn Toe Firfia~sderal bsvingY ~ Egan Association ~1-~,,, 3 • Of Fpu.ai+,aa. `~ Notary Publl fort Piercbs ?lcrkfe ' ~' ~ .~•~ . = .. ' r.:.. . ,,, J~~ Fl~ ~ Q~D RECORD~O IN cia record t~00K 1961 P~OV -•S PM 2: S8 c, State o/ Florida at larva f~Y Commrss:on Expires April 24, lyE5 Bonried 1iY Amencan Surety Co. of ry, y- ., ~~•~~~ E COUNTY FrLORiD . ~~~~~ ~~ .;;_ . • . ; , ., :. ~ -