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Home My WebLink About0560'i~,~k ~~ ~~~~b~J 3. To plat. an.f continuou-ly k.ep en the buiidinas n.~W or hsrvaflar s!r~aty on raid land and on a!I equipment and perrnnatly covered by this rnortg age, with ell premiums thereon paid in FLIT, fire insurance in th. v+„al •Nndard policy firm, in a wm approved by tie MORTGAGEE, and winduern insurance in the esucl ttandud policy form, In s tun approved by the 'MORTGAGEE, hs tuch company or companiet as the MGRTGAGEE may d:rtcr, and 111 fire end windstorm inwrance policies on any of acid buildings, any Interest therein or part thereof, in the aggrogete sum aforesaid or in excess chariot, shall contain the usual atendard mortga~Tee clause or such other clause at the Matgegea nay tec,v~rs, rnakinq the loss under said poli- cies, each end every, payable to sold h10RiGAGEE at its interest may appear, end each end ovary wch policy ahali bs promptly acs gntd and delivered to any held by said MORTGAGEE at further security to raid mortgage debt, end, not lass then ten (IU) days in advance of the expl:ation Of each policy, to de- liver to raid MORTGAGEE a renewal t),ereof, together with a receipt for the premium of such renewal; and there shall be rso fire or wi~xfttor,n insurance placed on any of said bVlidings, any interest therein a pert therroF, uniest In the form end with the lose payable as aforesaid; and in the event any avm of money becomes payable under such policy or policies raid MORTGAGEE shall have the option to receive and apply the same on sccount of the indebted- ness se:vred hereby or to permit said MORTGAGORS to rata+ve and u-s it or any prrt thereof for orh~•r purposes, svithovt thereb, waivi +g or unpac- ing any equity, lien or right under or by virtue of thin mortgage; and in the event Laid MORTGAGORS shell for any reason fait to keep the said premises so insured, or fail to deliver promptly any of said poficiet of inwrvnre to said MORTGAGEE, or fail promptly to pay fully any prcmwm therefor or in soy respect foil to perform, discharge, execute, sifect: corsolets, comply with and abide by this covenant, or any part hereof, said MORTGAGEE mry piece aid pay for such inwrance or any part thereof without waiving or affecting any option, lien, egwty, or right under or by virtue of this Mortgage. end th; full amount of each and every such payment shall bt immedistaly due and payable and shall bear interest from the dote thereof until paid at the rate o1 nine per centum per annum end together with such interest shall Ix soured by the 1!en of this mortgage. 4. To permit, commit or suffer no waste, impairment or deterioration of satd property a any part thereof. , 5. To pay all end singular the costs, charges and expenses, includirg a reasonable att~,neys tea and coats of abstract- of title, incurred or paid at any time by said MORTGAGEE, lxcwae cr in the event of the failuro on the part of the said MORTGAGOR to duly, promptly and fully perform, dischuge. execute, effect, complete, comply with and abide by each end every the stipulations, agreements, conditions, end covenants of said promissory note end this mortgage any or either, end said costs, charger end upanses, each and every, shall ba immediately due and payable; whe~her or not there be notice de- mand, attempt to collect or wit pendinQ~ and the full unount ^`. each end ovary such payment shall bear interest from the date thereof until paid at the rare of nine per centum per annum; and all said coau, charges end expenses ixurted or paid, together with wch interest, thal! be secured by the lien of this mortgage. 6. That (a) in the evens of any breath of this Mortgage or dafsutf on the past of the MORTGAGOR, or (b) in the event any of asid sums of money herein referred to be not promptly and fully pa,d within thirty (30) days next after the tame severally become due and payable, without demand or notice, or (c) in the event each and every the stipulations, agreements, conditions and covenants of said proms»ory note and this mortgage soy or either are not July, promptly and fully performed, d:iEharyed, executed, effected, completed, complied with end abided by, then in either or any such event the raid sq- gregate sum mentioned in said promissory note than remaining unpaid, with interest acuued, and ell n•,uneys secured hereby, shall become due and pay- able forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely at if all of rho raid soma of money were originally ttipv!ated to be pard on wch day, anything in said promjssory note or In this hlortgags to the contrary notwithUanding; and thereupon or thereeher et tM option of said MORTGAGEE, without notice or demand, suit at law or in equity, therofocs a thereafter begun, may be prosecuted ea if all moneys secured hereby had matured pr,or tv its institution. ' 7. That in the event that at tFre beginning of of 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, raid MORTGAGEE shall roply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall forthv,itt. appoint a receiver of said mortgaged property all and singular, including all and singular the income, profits, issues end revenues from whatever source derived, each and every of which, it being expressly understood, is hereby mortgaged ea if specifically sot forth and described in the granting end habendvns ;louses h:~ eoF, end ouch Receiver shall have alt the ¢road and affective functions and powers in anywise entrusted by a Court to a Receiver, and :~ such appointment shall be made by such Court as an admitted equity end a matter of absolute right to said MORTGAGEE, and without reference to the adequacy or inadequacy of the value of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, and that such rents, profits, income, issues and revenues shall be applied by such Receiver accordmq to the lien or equity of raid MORTGAGEE end the practice of such Court. _ 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in said promissory no!e and this mortgage set forth. 9. That in the event the ownership of the mortgaged prr~nisas, or any pert thereof, becomca vested in s person other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without notice to the MORTGAUR, deal with such successor or successor in interest with reference to this mortgage and the debt hereby secured in the tame manner as with Mortgagor without in any way vitiating or discharging the Mortgagors' liability Kerr under or upon the debt hereby secured. Flo sale of the premises hereby mortgaged and no forbearance on the pert of the MORTGAGEE or its successors or assigns end no extension of the time for the paymens of the debt hereby secured given by the MORTGAGEE or its successors or assigns, ahail operate to release, discharge, modify change or affect the original liability of the MORTGAGOR heroin, either in whole or !n part. 10. It is specifically rgreed that time is of the etsence of this contract end that no waiver of any obligation hereunder or of the obligation tr cured hereby shell at any time thereafter be held to be s waiver of the terms hereof or of the instrument secured herby. 11. In addition to the foregoing monthly payments of print.pal and interest required by the promissory note secured hereby, mortgagor co--tenants and agrees to poy to mortgagee witF, each monthly payment an additional sum estimated by mortgagee to be equal to 1 j'12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein required to be carrird on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby. Mo~tgayee shall from time to time notify mortgagor in writing of the amount duo end payable hereunder and such sum shall thereupon ba due and payable on the due date of the next monthly payment end each successive month thereafter until mortgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payment of real prope:'y taxes, inwrance premums, end mortgage guaranty inwrance premiums. IN YlITN"cS.i Whl'RE ,the said MORTGAGOR has h.rreur.to set his hand and seal the day and year first aforesaid. nod, Sreltd nd fiver d in thQ presents of: ~ (,{/ Seal) ~Ssal) _ (Seal) -(Sea q STATE CF FLORIDA SS. COUNTY OF S~ T ?T ~' i F' 1 Before me personally appeared G A W &~ fi g r 4 and __ All e O.P. - K . ~] al E3 r $ hit wife, to me well known and known to me fo be the ~tdividua!s described in and who executed the foregoing instrument, and acknowledged baforo ms that they executed the tame for the purposes eT ~ ~ ar.cs K Wa fi r4 therein expressed. And the raid wife of the said ~'__-a Wfl~ ~9r`~ upon a separate end private exam:notion by ma taken separate and apart from her raid husband, acknowledged to and before rtes that the exetutad satd instrument freely end volun- tarily err' without any compu4ion, constraint, spprshansion, or Tsar of a fmm her said hwband. 'vVITNESS my hand end officisl seal this 6th day of N V b r A. D. 19~2.L0- tary Publk In and for the Scats of Fbrida at ergs y Commission ezpiratt f:eturn To: (-pit FedeM1-Stti~ing4. fi. loan Association =. mss. ......~ Ebb lyrce. oor~~,~t (~?p per( State of Fl~tida ~S.~L9e~l,,,, O •O` ~i~ ! Y:•. ~~. ~ - C? ~p~ missk'ton Expires Apr' ~ _ ~' ~, '''.~~' -" " Fi ,~ ~~('~QnC~ptded oy American Sure 'Df:ht. Y: -., . to ~ ~ - ~ - ~~ ~c~a~ at~oK • ~: ~~~ . ,,~ ~ . ~-: t~ t --- ~ - RBGER POITRASa CIEItK --J,-~ ,' --.. ''.~~c,~'_- S1. LUCIE C6UNT~, FLORIDA ~ -`'~ "'~~; ~_ ,-=~~ - -- -~ ~ _ - - - ... ~ ,r,,...... •• - - ~ ( ~