The URL can be used to link to this page

Home My WebLink About0631~r. R BJ~I; ~~ PAGFbt ~.. ~T. t ~ u.~ ~~t~h ~~s ~l A 3. To plrce and conttr.uously keep on the buildings now or hereafter situate on ta!d land ancr on ell equipment and pencnaily covered by this mortg• age, with ail premiums thereon paid in full, fir• inwrance in the •Lawl standard policy }o+m, In 'a sum approved by the MuRTCvAGEE, snd windgorm Insurance to the usual ttsndard polity foam, In a cum •pprcved by the MORTGAGEE, In such company or companies as the MORTGAGEE may direU; •nd all fire and windstorm inwrancs policies on eny of uid bulldinya, any Interest therein or put thereoF, In fM sggregata sum •foraaid or In excess thereof, shell contain the usual standard mortgagee tlauso ur such other dausa at the Mortgagee may require, making th• loss under raid poll- cies, each and every, payable to told MORTGAGEE at ih lntareN may appear, and e.ch and every such policy shall be promptly ass.9nsd end delivered to any held by raid /AORTGAGEE •t further security to raid matgeQe debt, end, not lass titan ten (10) days In •dvancs of the exp:ratien of oath policy, to de- liver to Bald MORTGAGEE a renewal thereof, together with • receipt for rho premium of such renewal; and there shall be no firs or windstorm insurance placed on any of raid bui'dinys, eny Interest therein or part thereof, unless in the form •nd with the lots payable at aforeseidt and In the event any cum of money becomes payable under such policy er polrciet geld MORTGAGEE shall have th• option to receive ^nd apply ttie septa on account of the indebted- ness secured hereby or to permit sold MORTGAGORS to receive •nd use it of any part ther~f `_: _•'.rr purposes, without thereby wciviag o. ur.part- Ing any equity, lion or right under or by virtue of tiles mortgspst and fn iha event acid MORTGAGORS•shelt for eny reason fa!1 to keep the said premises so insured, or fail to deliver promptly any of raid policies of Insuranco to raid MORTGAGEE, or fe~l promptly to pay fully any premium therefor or in any respect foil to perform, dischuge, execute, efhct, complete, comply with end abide by this covenant, or any part hereof, said h50RTGAGEE may place and pay for such Insuranco or any part titereof without wsiving or •f~tcting arly option, lion, equity, or rigtit under or by virtue of this Mortgage, and the full amount of oath and every such payment shell be immediately due End payable snd shall bear Interest from the de!e thereof until paid et the rote of nine par cenlum per annum and together with such Interest shall be secured by the lien of this mortgage. L. To permit, comm;t or suffer no waste, lmpsirment or dcteriorstion of said property or any part thereof, S. To pay ell and singular the cosh, charges and expenses, Including a reasonable attorney's fee and costs of abstrods of title, incurred or paid ar any time by raid MORTGAGEE, because or In the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perform, discharge. execute, effect, complete, comply with end abide by each snd every the stipulations, agreements, conditions, and covenants of said promissory note end this mortgage any or either, and said soots, charger and •xpentas, each and every, shall be immediately due and payable; whether or not there be notice de mend, attempt to collect or suit pendingt and the full amount of each and every ruck payment shall bear interest from the dare thereof until paid at the rate of nine per centum per annum; and all said costs, charges and expenses incurred or paid, together with wch interest, shall be secured by the lien of this ma rgage. 6. That (s) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of raid svmr of money herein referred to be not promptly and fully paid within, thirty (30) days next after the tar,te severally become due and payable, without demand or notice, or (c) In the event each and every the atipuletions, agreements, conditions and covenants of raid promissory note and this mortgage any or either are not duly, prwnptly and fully performed, d~scherged, executed, effected, completed, complied with end abided by, then in either or eny such event the said ag gregate sum mentioned in raid promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and pay- sble forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the raid sums of money were orrg~nally stipulated to be paid on such day, anythiag in said promissory note or In this Mortgage to the contrary norwirhstanding; enrosecurted es fr ellamooeysasec rcdphereby said MORTGAGEE, without notice or demand, suit at Isw or in tquiry, therefore a thereafter begun, may be p had matured prior to its institution. 7. That in the event that at the beginning of or et 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, including all and singular the income, profits, issues and revenues from whatever source derived, each end every of which, it beirxr expreatly understood, is hereby moregaged as if •pecifi<ally set forth and described in the granting and habendum clauses hereof, and stx'f+ Receiver shall have all the broad and effur:tive functions and powers in anywise entrusted by a 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, end 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, issuer end revenuer shall be applied by such Receiver according to the lien or equity of said MORTGAGEE end the prectico of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with end abide by oath er.d every the stipulations, agreements, conditions and covenants in said promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premisus, or any pert Thereof, bacomet vetted in a person other 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 the debt hereby secured in the same manner es with Mortgagor without in any way vitiaii,tg or discharging the Mortgagort' liability here- under or upon the debt hereby secured. No [ale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE c• its successors or assigns, shall operate to release, discharge, modify change or effect the original liability of the MpkTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligation se- cvred hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In addition to the foregoing monthly payments of print'pal and interest requ~red by the prom'ssory note s?cured heretry, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an edditionel sum estimated by mortgagee to be equal to 1 jl2 of the annual cost of the follow- ing: A-All tea! property taxes levied or assessed against the above described reef estate. B-Premiums on. fire end windstorm insurarte as herein required to be carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurance at mortgagee shall from time to time deem fit to terry on the loan secured hereby. Mortgagee shall .`tom time to time polity mortgagor in writing of the amount due and payable hereunder and such Sum shall thereupon be due er,d payable on the due date of the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of a charge in such a. r.ount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance premiums, and ..ortgage guaranty insurance premiums. IV L'lITNESS WHEREOF, the raid MORTGAGOR hds hereunto set his hand and seal the day and year first aforesaid. ~ ~rvered In th p Bence of: 4 p r J x STATE OF FLORIDA S5. =F6t)~ . ~~ (Seal) al) COUNTY OF Howard Greernfell, Jr. and Before me personally appeared GreentrifRll ROmina D. his wife, to me well known and knov+n to ma to be the irxJividuelt described in end who executed the foregoing instrument, snd acknowledged before me that they executed the same for the purposes thereon expressed. And the uid ~i RQiginB ~• Grfaenwffll -- wife of the ;aid _ A~1S1ard Greem+ell a Jr• upon a separate anr_+ privets examination by me taken separate and apart from her said husband, acknowledged to ind before me that the executed said instrument freely and volun- t rily and witfiput any compulsion, constraint, epprehansion, or fear of or from her said husband. ~s kh!{jAlGSfrrMy~ hand and official teal this ~ 7t}1 day of d.. D. 19-b2 ' ttii, ~~~ c /J ~ ~' •."s•- ~~ ~~~~ Notary Public in e f r State Fbrida at Largo r,'r ;• s My Commission expires: ~, ~ }' ~ «otary Public, State of Florida at large - ~ ...Reties :%Tgr` _ - 'Fir><i Fedxrtl, yA'vJrtg~ 6 roan oarociatiun 1r~Y Commission Expires lei. 24, 1)L4 i _ '134Fod PJierce. Aor.CH ter ArneGun r,q 6 Cat:ahy Co. . ;~~.. ;-, , , ~ Fp,t~ Pre(Isti`tF~4ride ~ A~~2RECO~aDED -,' . .,: ~ '~. , ,- t I ` ~ - ~ ~ pi i _ ~ t 3 ,~1 i / , • ).~ s. Saint LuciA Est ~ci~ _ scot _. BdaK !95tt~V i3 Qp~ll: iI ROGER POITRASr i;IERK ST. l.UCIE COUNT`f r FIORIO~i _ .' `t) • ~~ :~