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Home My WebLink About1879_ ._ _ _: _. - -- ~~~~ 5~ F~<<5i5 ~. To plats and ccxstFrsuw,sty keep ors tfw: Suik+,lrya rusty tx haaafix akwta on saki land and on ail agvifinens aced perwnally covered by this m«tg• aje, with all pramiur~ tisareon Fiiai in full, firs inevransxs In rise usual standard policy form, in • sum rpp:oved by the MORTGAGEE, and windstorm Irwronca Ls ti+a vwal uandard policy form, N+ a -srm approved by tree MORTGAGEE, M such corr,aany or campanlae a the MORTGAGEE mty direct; and all Nra and windstorm Iswrrarsce pollclae on ar+y of s,id buildirsga, any Intara_t therein or part tfserarf, M the sggregat• sum of«esald or In •xau tMreof, stroll con'aln tree equal stwsdartat mortgpaa clauee a such other clas,ae a the Mtrtgagee m.y require, rMkirsg tM Ives under at~d Foli• cis, tech and teary, payable to old MORT3AGfik w !ts intetettt may appear, and earls and every svth policy sMli bs promptly es•:gned end deiivsred to any M!d by said MORTGAGEE at f.rrtbar tasurity to acid morlgagt debt, oriel, rsot leas than tare (10) days M advarsp of tM txpiration of oath policy, to else liver u Mid MORTGAGEE n rarsewsl thereof, togsflw with • receipt fa {iw premium of such renewal; and chart sMll be ra firs « windst«m insurance placed on any of aid 6vtldirsgs, any Intaast tlaartir. 'sx part thereof, unless In r,t4 form •nd.with tM loss payable at of«eNidr end In the avant •ny earn of money become payablt under such polity w policlp aid MORTGAGEE aMii Mw 1M option to restive end apply the same on account of the indebted- r»a secured Mreby or to permit wid MORTGAr30RS to receive arsd~srsa it or any part thereof for other purpwes, without thereby waiving or +n,pair• Ing any equity, liar « right-under or by vbtve of tnb rtsortpaget and M else event said MORTGAGORS shall f« any reason fail to keep the said premises so insured, a fall to deliver promptly •ny of said polkfes of Irswrann ro said MORTGAGEE, or fail promptly to pay fully trey premium therefor « In any roepatl felt ro perf«m, dixharge, execute, effect, complete, comply with and abide by thi• covenant, or any part Mreof, said MORTGAGEE may place and psy for such Iruursttu or any par4 tr ; eof without walvktg or affeetirsg any option, lien, egviry, or right under or by virtue of this Mortgage, and the full amount of each and tvgy tech payment ehall be immetfiately dw end payable and shall hoer inttrast from tM dots thereof until paid at the rota et mina per cer,tum par annum and together witfi such interest shall be secured by tM Ilan of this mortgage. 1. To aarmif, arommit a wffar ra waste, knpairment or dehrioratkvs of Bald property a any part thereof, S. To pay all sad tlrspular tM vests, cMrgee and expenses, including a reasonable attorney's tae end cosh of abstracts of fide, tncvrred or paid et any time by said MORTGAGEE, because W In fM avant of the failure on the part of the told MORTGAGOR ro duly, promptly and fully perfom, discharge. execute, effect, complete, comply with end abide by each and every tM stipulations, agreements, conditions, •rd mvanants of raid promissory note and this m«tgsge any or either, and said owls, charges end axpenMS, each end ovary, shall be immediately due and paysbla; whether « not there be notice do mend, attempt to milecY or suit pendingr and the full amount of tech and teary such payment shall box intmest from tM data thereof until paid at' the rate of nine par centum per arsnum; and ail Bald cwts, charges and expanses incurred or paid, together with such inttrast, shall be secured by the lien of this mortgage. 6. That (s) in tM tvsrt of trey bru:.h of tfih Mortgage or default on the part of tM MORTGAGOR, or (b) in the went sny of said sums of r.torey herein referred to ba not promptly and fully paid within thirty (30) days next after the srme severally become due and payable, without demand or notice, « (c) in the event exh and teary tM stipulations, agreements, conditions and covanaats of said promissory note end this mortgage sny or either ere not iuly, promptly and fully performed, d~scherged, executed, effected, completed, complied with and abided by, then in either or any such event the said ag~ gregat! sum mentioned in said promiuory rate then remaining unpaid, with interest sccrued, ertd alt moneys secured Mreby, snail Demme d~~e a+.ci par- able forthwith, « thereafter, at tM option of aid MORTGAGEE, as-fully and completely as :f all of the said wmt of money were «iginally stipulated to be paid on such day, anything in Bald promissory rsote a in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of said MORTGAGEE, without ratite or demand, suit at Isw o- in equity, tMrefore or thereafter begun, may bs pruecuted as if all moneys secured hereby had matured prior to its institution. c - 7. That in the event that at the beginning of or at any lima pending any suit upon this Mortgage, « 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 tM appointment of a Receiver, such Court shall forthwith appoint a receiver of said m«tgeged propotty all and singular, includ~rsg ell and singular the income, profits, issues and revenues from whatever source dlrived, each and every of which, it being expressly undarstt5od, is hereby mortgaged at if specifically set forth and described in the granting and habendum clauses hereof, and such Receiver .hell have all the brood snd tffective 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 and a matter of absolute tight to raid MORTGAGEE, and without reference to the adequacy « inadequacy of the value of the property mortgaged or to the solvency « insolvency of said MORTGAGOR or the defendants, and that such rents, profits, inconse, iuues end revenues shall be applied by such Receiver according to tM Ilan « equity of said MORTGAGEE end the practice of such Court. 8. To duly, promptly and fully perform, diuh±rge, execute, effect, complete, ccxnply with and abide by each and ovary the stipulations, agreements, conditions and covenants in aid promise«y rate and this mortgage at forth. 9. That In the event tM ownership of tM mortge~ed premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, Its successors end assigns, may, without notice to IM MORTGACR, deal with such successor or successor in interes! with reference to this mortgage and the debt hereby secured in the some manner as with Mortgagor without in any way vitiating or di:charging the Mortgagors' Iiabiiity Mre- under or upon the debt hereby secured. No tale of tM premises Mreby mortgaged and no forbearance on iha part of the MORTGAGEE or its successors or assigns and no extension of the time f« the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, shall operate to release, discharge, modify change « effect the original liability of 1M MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time it of the esserxe of this contract and that ra waiver of any obligation hereunder or of the obligation se- cured Mreby shell at any time thereafter be hold to bs a waiver of the terms hereof « of tM instrument secured herby. 11. In addition to the foregoing montl+ly payments of print'pal snd interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an additional sum estimated by mortgages to be equal to 1/12 ~_ f tM annual cost of the follow- ing: A-All real property taxes levied or-assessed against tM above described real Delete. B-Premiums on fire and winder«m insurance as herein required to be carried on the improvements situate a-s the of»va described premises C-Premiums on such mortgage guaranty insurance at mortgagee 'hall from time to time deem fit to tarry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable Mrevnder and such cum shall thereupon be due and paysbla on the due date of tM next montt+ly payment end each successive month thereafter until mortgagee shall notify mortgagor of a change in such amount. Such sums thtll M applied by mortgagee toward 1M payment of real property faxes, insurance premiums, and mort(lega guaranty insurance premiums. I WITNESS WHERiOf, the laid MORTGAGOR has, hereun~p set his hand and :eel the day e d year first aforesaid. i eel, ale red Hvtred In fM presence of: i) (Seal) _ rLa11 STATE OF FLORIDA couNTY of S t _ Lue i e ~' Before cot pentonally appearod William Wa Arnold and ' Bar~Bra L. Arnold his wife, to ms well known end known to me to be the individuals described in u,d who executed tM foregoing instrument, and acknowledged baf«a me that tM executed 1M same for the purposee therein expressed. And tM s,;lr1 Barbara L. Arnold wife of tM asid William We Arnold upon a separate end private examination by me taken separate and apart from Mr aid husband, acknowledged to and before ma that she executed said Instrument freely and volun• racily and without soy compulsion, constraint; appre restore, w fear of « from Mr raid husband. V:ITNESS my Mod end official sesl thin t~l day of DeC mbar __, A: D. 19 62 ~--n Wot ry Public in end for the Stet• of FI«lda ^t large M Commitslon expire: Re!vrn To•. Flat Feder f: Loan Association :~ ;~ o , .~ +- ;~ ~`}~~+ •e, `'~~~~~~ are ~ ~ ~` ~ °s ~ . ,~r{~ :~ •;~ ,_ ~ _. ~~r ~,,„a ~`E ~rltll i t ~ ,.,;:~.:~.. ii0t!>Y p~(;~, State of flo fd 24t 196be ~y ~ommisvon Ex~res AF` /~P ,r Amer~a't-S~re~ ~o• of N. Y. .4..~.~_IiO~Rt)n e~ by' .• `„ter., '- fl~U AMU ft~CORAE~_° ~~`':~ ~~ r~;. 1~5Z DEC 14 ~~ 3: i 5 '' } • '_`•~<t~'_ ROG~`R POITRAS, CLERK Q ''~`r`'','.::r~;':°=:: . -~= _ '`' ST. LtiCIC CQi1NtT, FLORIO(~ j .,.. , ~~.-:---~...._-----T---rt------ - --