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Home My WebLink About1184n. R.: _ `ACF ~~~ ao:`K _ _ _ ~U FACE ~~U B~fK 5~ CT ; ur,C ~r`t t.TV ~t a 3. To piece and continuovaly keep on the buildingf grow or Mreafte+ -ituata on acid land and on all equir,mtnt end perfonally covered by this mong• •ge, with •11 premium) thereon paid in full, Fire imuranc• M tM usual fNrxfsrd wl:cy form, in • fum approved by the MORTGAGEE, and winJsrorm inwrance in 1M usual sNndard policy form, In' • fum •pprovatl by tM MORTGAGEE, in such cpr"?env or tam pa n:^s as the MORTGAGEE may dvtu; and ell fire and windstorm Insurance policies nn any of fail buildings, eny Interest chagrin or pert thereof, in tM a99regatc cam sfornud or in excess thereof, shell contvin the usual standard morigager clauf• « cacti other clev..a sf the Mortgagee may regvirt, making the loa under aa,d poli- ces, each and every, paysb!e to uid MORTGAGEE as iri interest rosy appear, and each and every fuck policy shall bt promptly aas.gned end delivered to arty held by avid MORTGAGEE ss further fecurity to said mortgage debt, and, not Ito then ten (10) dayf In advance of the •xpiratign of each policy, to de- liver to said MORTGAGEE • renewal thereof, together with a receipt for the premium of wch renewal; and there fhall be no fire or windNxm insurance pieced en any of said bvitdingt, any interest therein a part thereof, unless in tM form end with the loan paWble at aforeuid; and in the event any fum of money becomes payable under such policy or polities said MORTGAGEE fhall havo the option to receive and apply the same on account of the Indebted- ness secured hereby « to permit said MORTGAGORS to receive •ncl we It or any part thereof For other purposes, wittwut thrreb/ we,v~ng or ,n,pa,r~ Ing any equity, (fan « right under « by virtue of Chia mortgage; and In the event said MORTGAGORS fMll (« eny reason fail ro keep tM aiid premisef so insured, or fell to deliver promptly eny of said policies of inwronce to u:d MORTGAGEE, or fail promptly to pay fvliy any pren„vm theref« or in eny respect fail to perform, discharge. execute, effect, complete, comply with and abido by this covenant, or eny part hereof, said MORTGAGEE may plate and pay for such insurance ar eny p-rt thereof wit`,wut waiving « affecting any option, lie^, equity or right untie or by virtw o! this M«tgage, and the full amount of each and every fuch payment shall be immediately due and payable and shall bear interest from the dote thereof until paid at the rata of nine per centum per annum and together with such interest shall be secured by the {fen of ihif mortgage. 4. To permit, commit « wffer no waste, impairment « deterioration of said property or my part thereof. 5. To pay all and singular tM coats, charges end expenses, including a reaaa~able attorney's fee end costa of absiractt of title, Incurred or paid at any time by raid MOQiGP.GEE, because or in the event of the faiivra on the part of the said MORTGAGOR to duly, promptly and fully perform, discharge, execute, effect, comptete, comply with and abide by each and every rho stipulation;, ag+eements, conditions, and covenants of said prorc.issory note e.,d this mortgage an, or either, and faid costs, charges end ax;xnses, each and every, shall ba Immediately due and payable; whether or not there be notice de mend, attempt to collect or tuft pending; end tM fu'i •rnount of each end every wch payment shall bear interest from tM date thereof rntil paid at tM rare of nine per centum per anmm; and a;l faid costs, charges and expenses incurred « paid, together with wch imernt, shall be fecured by tM lien of this mortgage. - 6. That (a) in the event of any breach of this M«tgege or default on the part of the MORTGAGOR, or (b) in the event any of faid sums of money herein referred to be not promptly and fully paid within thirty (30) days next after the same tev~rally become due and payable, without demand or notice, or (c) in the event each and every the stipulations, agreements, conditions and covenants of said promissory note and this mortgage any or either are not fury, promptly and fully performed, discharged, executed, effected, completed, complied with and abided by, then in either or eny such ^venr the said ag- gregate sur mentioned in said promissory note then remaining u,~paid, with interest accrued, arse ell moneys secured hereby. fhall become due and pay- able forthwith, or thereafter, at the option of said' MORTGAGEE, as f~~lly and completely as if all of the said sums of money were origineliy stipulated to be paid on such day, anything in said promissory note or in chit M«tgepa to the contrary notwithstanding; and thereupon « thereafter as t7,a ep'i^n of said MORTGAGEE, without notice or de,nand, suit at law w in equity, the+efore « thereafter begun, may be prosecuted of if ell moneys secured hereby had matured prior to its institution. 7. That in the event that at the beginning of or at eny time pending any tuft upon this Mortgage, « to foreclose it, or to reform it, or to rnforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of s Receiver, fuch Court shall forthwith appoint a receiver of said mortgaged property ail and singular, inciud~ng 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 as if speci'.icelly set forth and described in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective functions end powers in anywise entrusted by a Court to a Receiver, and tuck appointment shall be mode by such Court es an admitted equity and e.mattar of absolute right to faid MORTGAGEE, end without reference to the adequrcy or inadequacy of the value of the property mortgaged or to the solvency or insolvency of raid MORTGAGOR or the defendants, end that such rents, profits, income, issues end revenues fhall be applied by such Receiver sccordirtg to tM lien or equity of said MORTGAGEE and 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 note and this mortgage set i«th. 9. That in the event the ownership of tM mortgaged prsmites, «eny part thereof, becomes vested in a person ot)rer than t„o ;:O~TG"GO°, the MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such successor or successor in intereft with reference to this mortgage and the debt hereby secured in the feint manner as with Mortgeg« without in any way vitiating « discharging the Mortgagori liability Kerr under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearante on the part of the MORTGAGEE « its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE nr its avccessors or atsignt, shall operate to release, discharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole or in part. 10. it is specifically agreed that time is of the essence of this contract and that n~ waiver of any obligation hereunder « of the obligation sr cured hereby shall at any time thereafter be held to be a waiver of fSe terms hereof or of t}u instrument secured herby. 11. In zddition to the foregoing monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to nrorigagee with each monthly payment an additional fum estimated by mortgagee to be equal to l; 12 of the annual cost of the follow- ing: ' A-All real property taxes levied « assessed again-t tM above described real estate. B-Premiums on fire and windstorm inwrence es herein required to be carried on tf a improvements situate on the above described premises. t-Premiums on such nxxtgage guaranty insurance as mortgagee (hall from time to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to rime notify mortgagor in writing of the amount dug and payable hereunder and such sum shall thereupon be due and payable on the due date of the next monthly payment and each successive montF. thereafter until mortgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance fume, and mortgage guaranty insurance premiums. - IN YliT SS YHEREOF he said MORTGAGOR has hereunto set his hand and teal the day and ear rst aforesaid. `'G~i!'~/" • t Se red in t pr net oft al) tSeei) - teal) STATE OF FLORIDA ~ , SS. . COUNTY OF _~e~.~-'~~-- Bef«e me personally appeared Pall) E Goodnsr,~~, a sin~l@ adult t>bd ltlundfer fo a jr~rtll known and kno•Nn to me tp be tM Individw{P described in and who executed tM f«egoirtg in.trument, end acknowledged fxf«s rt» tMt ~ executed the faint f« tM purpwaa therein expreued. ~`~* '~' calrasa~sR~oitwi•Mii.:~•a.~a~v-an>f+1tl~ WITNESS my hand and official seal t ~ day of D. 19 ~ 1"'- ,errs i,„r,,. _ _ t ~ ',, .~ •~ - 9 ~,d~ ' f2atirTn.To: ' First-Federal, Sevingf=ft, Loan Afsociation - - Of~f~41 ~iar~e. lFDrt` Pierce, #lor~a ``, ' r:- - ~ v ~''`/tlrrtiltt~" ~. ~~~ c Ndtary Pubik in My Commission l~ ®'S'7~ State of Fiorl~at larva ~otaTY ~, state of flotilla at loge Ill4y Commission Eit)?ires tan. 14, 1464 tioadad ar ArsrK.:. f.• a Ca[.,irr li. 0~~,/ p ADD t~E~O~ ~ ~ ~. ;Gv;.~ / V ~;; v ry PM ~: 3 - `~ ~ • . 191 N4V 26 ~ -~ , . ~ ~ , C C ft0 .' ~ ' - 1 ) ~