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Home My WebLink About0145 3. To p3ata end continuovsly keep on the buildings now or heszsfte+ titvste on ~sid land and on alt equipment and peraonsl~y covercd by thi~ mo?tg- pe, with •11 premiums thereon pa;d in full, fire insurence in the uouai standard policy form, in • sum approved by the MORiGAGEE, end winditorm in~urance i~ ths usual sronda~d pol~cy fam, in a sum approvsd by the MORiGAGEE, in such compeny or tompanies aa the MORTGAGEf msy direct; +nd all fir~ end wind~rorm in~uranc~ policies on any of said build]n9s, any intsroat therein or part thereof, in the agg~egate wm afor~ssid or Ih ~xt~p thereof, shall contain the u,ual standard mortgayee clausa cr such other clevae as thc Mortyagee may require, mekin9 the loss under •a~d poli- tiss. ~sth and eve+y, payabin to said MORTGAGEE a~ ~ti infarest may appea~, and esch and eve~y ~uch policy shall be promptly a~s'qnrd and delivered tp any held by iaid MORTGAGEE furiher fecurity to said ~nortgags deb?, and, not las~ tha~ ten (10) days in advsnce of the expiration of sach policy, fo de- liv~r to ~aid MORTGAGEE s rMewal thrraof, together with a receipt for the pramium of suc~i renewa:; a~d there ~hall be no f~re o~ windstor,n insurance pl~c~d on any of s~id buildirgs, any iMereat therei~ a Fart thereof, ~r.leas in tM form and with the loss peyable as aforesa~d; a~d in the event any sum of money become! paysble under such polity w poGcies xaid MORTGAGEE shall hava the option ro receive and apply the same on account of tho indebted- neas ~ecured heraby or ro permit said MORTGAGORS to receive and use it or eny part thereoi for othcr purposes, v.~thout th:~eu; wa~vi:~~ cr ~n,pair- Inp any equiy, lien ot right under w by virlue of this mo;tgage; ~nd in the event seid MORTGAGORS shall for any reacon fail to keep the said premifes so iruurod, w fe+l to deiiver p~omp!ly any oi said policies of insuronce to said MtORTGAGEE, or fc:~ pror^ptly to pay fully any pre~n~um therefor or in any r~sp+ct f~il to p~rfwm, d~scharge, exec~te, effect, campleta, corr~ply with and abida by this covenant, or any part hzreof, said MORTGAGEE may plece and pay fw such in~urant~ or any part thereof without waiving or affecting any option, ~i~n, equity, or right ur.der or by ~irtue of this Mortgape, and the full ~mount of each and every •uch payment shall be imnxdiataly due and payable and ihall bea inlere~t from tha date thereof ~Nil paid •t the rate of nine par centum per ann~m and together with such imereat shali be secured by the lien of thi~ mortflaye. 4. To p+rm3t, tommit ot svffer no waste, impairment or deterioretion of said property w any part thercof. 5. To pay all and singular tfie coats, charge~ and expei,ses, intluding a rcasonuble attorney's fee and costs of abstracts of title, incurred ar peid at any time by uid MORTGAGEE, because or in the avent of thr fai!ure on the part of the said MORTGAGOR to du+y, promptly snd futly perform, distharg~, exrcute, effect, complete, camply with and sbide by eech and every the stipuiations, ~yreements, condition~, and tovenants of said promissory note and ihis mwtgage any or ei~her, and uid cos», charye~ and expen~es, each and •very, shall bn lmmediately due and payable; whether or not there ba noticr de mard, attempt ro coliett or wit pen~ding; end ?he full amount of each and every tuth pavmem ~hall bear interest from the date thereof until paid at the rare of nine per centum per annum; and all said costs, charges and exprnses incurred or paid, togather w~th such ir.terest, shell be sewred by tne lien of th~s mortpaqa. b. That (a) in the event of any breach of this Mortgaga or default on the part of the h10RTGAGOR, or (b) in the event any of aa~d sums of money herein referred to be not promptty and fully paid within thirty (30) daya next afte~ the same severolly become due and payable, without ciemand or notice, or {c) in the evem each and every the stipu!ations, agrrrments, conditions and covenann oi ~a;d promissory note and th~s mortgage any or eithe, are not ~~ly, prompt~y and tully perfo~med, d~scharged, executcd, effected, completed, complied with and abided Sy, then in eithrr or any wch event the said ag~ pregate sum mentioned in said promissory note then remaining unpaid, witn interest accr~ed, and all moneys setured hereby, shal: become due and pey able forthwith, or thereafter, at the option of said MORTGAGEE, as fuily arid completcly as if ail of ttic said sums of money we~e originally sripulated to be pald on such dzy, anything in sa!d promissory note or in this Mortgage ta the contrary notwirhsland~ng; and thereupon or thereefter at the opt~on of said MORTGAGEE, without no~ice or demand, euA at law or in equity, thecefore or thereaf~er begun, may be prose<uted as if all monays ~ecured hereby had matured pr+w. to its insfitution. ~ 7. Thet in the event that at the beginning of or at any time per,ding any suit upon this Mortgage, or to foreclose it, or to reform it, or to enforce payment of any claims hereunder, aaid MORTGAG:E shall apply to the Court having jurisdlctton thereof tor the appo~ntment of a Receiver, such Courf shall forthwith aprcint a receiver of said ro:t^yag=d proae:sy a!! and sin~~iar, int!:,~d:ng nII and si~~v~ar the encome, nrof~ts, iswes end revenues from whatever aaurce derived, eath and every of whith, it being expressly understood, i~ hereby mortgaged af if ~pecificaEly iet forth and deacribed in the g~enting and habendum dauses hereof, and wch Receiver ahall have all the braad and effecrive func~~ons and powers in anywrse entrusted by a Court to a Receiver, and tuch appointment sha!t be made by s~ch Court as an admit!ed eyuity end a matter of absolute r+ght to sa~d MORTGAGEE, and without reference to th~ edequacy or i~adequacy of the value of the property mortgaged or to the soivency o! inso~vency of sa~d MORTGAGOR or the defendants, and that s~ch renfs, profirs, income, issues and revenues shail be aRplied by such Receiver according ~o the lien or equity of ~aid MORTGAGEE and ihe precrice of such Court. 8. To duly, promptiy and fully perform, discharge, execut-, effect, completr, comply with end abide by each and e~ery the stipulations, egreements, conditiona and covenanta in sjid promissory note and this mortgage set forth. 9. That in the avent the owrtership of the mortgaged premises, or any part thcreuf, becomee vested in a person other than the MORTGA,r,OR, the MORTGAGEE, its s~ccessors and asslgns, may, witho~t notice to the MORTGA.OR, deal with such successor or auccessor in i~terest wirh reference ro this mort9age and the debt hereby secured in the same manner as vrith Mortgagor witho~t in any way vitiating or d~scharying the hlortgagors" liabilify here- under or upon the debt hersby secured. No sale of the premisez hereby mortgaged end no forbearonce on the pan of rhe AAORiGAGEE or its succrssorl or ass~gns and no exrension of the time for the payment of tne debt hareby secured given by the h10RTGAGEE or its successors or assigns, ahail eperate to re!ease, d~scharge, modify change or affert the originai liab~l~ty oi the MORTGAGOR herein, either in whole oi in part. 10. It is spec;fiically agrend that time is of the e:serce ef this contract and that no waiver of any obligat~on herewnder or cf the oblig~tion se- a,red hereby shefl at any time rhereafter be he!d to be a waiver of the terms hereof or of the instrument secured h.rby. 11. In add:No~ to the forego:ng month!y payments of pri.^.t pal and interest requ~red by the prom~ssory note secured hereby, mortgagar covenants and agrces to pay to mortgag2e with each monchly payrrent an addirional s~m estimaled by mortgage? to be equal ro 1; 12 of t'ne annual cost of the aolio~w- ing: A--AII real property taxzs levied or assessed against the aoove desuibed real estate. B-Pr~miums en fire and wir.dsrorm insuracce as nere~n req~~red to be carried en the improvemer~ts sitvare on thc above de:cribed premises. C-Premiums on such mortgage guarznty insurance as mortgagee shail from t me to time deem fit to carry on the loan secu;ed hereby. Mortgagee shall from time to time notiiy morr^yagor in w~iting of the amou~t due and payable hereund:r a~d sucfi s~m shall thereupon be due and payab~e on tne due date of the next rno^ih!y payment and each successive month tnereaft~r ur,til mortgagee shall notify mortgagor of a change in s~ch amo~nt. $u~h sums sha;l be app'ied by mortgayee toward the payment of real property taxes, insura~ce prem:ums, and mortgage guaranty insurance premiums. IN YJITNE55 WH:REOF, the sa~d MORTGAGOR has hereunto set his har.J and seal the day and year first aforesaid. Si n ated end eliv i he resence of: _ ~ ~ ' (Seall , (Seal) - - `(Sea I) (5ea q STP.TE OF FLORIDA ~ COUNTY QF *~t ~~ti~ri-e~ u Before me peraonally appeared R~1~211_.Fea. ~!ri ba~ a?5r• W - and ~nr~A?'A'~ M~- -~ibb~ his wife, to me w~ll known and known to me to br ~he indiv~duafa described ~n and who executed the foregoing instrurnent, en~ acknowledged before me that they exewted the same for the purposes therein expressed. And the sa~d_ ~$.~`I~$I`9t M• Cribbs wife of the said Ralnh E. Cribbs . +.S`Y'~ _ , upon a separate and private examinat~on by me taken separate and apart from her said husband, atknowledged to and before me that she axecuted said instrument freely and volun- tarify and w~thou4 any compulsion, constraint, apprehens~on, oy fear of or from her aaid husband. WITNE55 my hand and offici~l seal this_- r'L - day of~ ~T_ A. D. 1952_Z_ ~ t Plotary Pub in and for the S~ate of Florida at Large V ' My Comm sion expires: l2etum To: Firat Pederal $a~inrqs 3 Loan A~sotiatior. Fil.E4 ANp RECC~RD~Q ~40tary FU51iC, S±ate ot Flortda af L'arge ~~QK t~!!} Comm ss or E"xr,`r~s r:~~. o, x9~7 .iOf Eo~l ~P~e;ce. I~ ecndcd ~?y ~msr,can Sur~y L:o. ~f ~ Y, ~ _ . ~~t4.DiaKe.~'~~'Sl~i~ - . ;'~.r ~ : •r,, ~ V ~1 I ~ PH ~ • ~lY r = - . {,~`t~ 1 - ~ ~ r f v, y ~ ~f i . s • - , ~ i:l . ~ ~ ~ i~'`- .r~ ~ RQG~R RQITRAS. C~.ERK ~ ; ~c;;~~`~_~. ~ . ST. L.UCIE COUNTY. ~ - . , . „ ~ ~ l~~OAIOA - • . • j • , • J ~ BGOK ~ , .'`s • . , ~ ' ~