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Home My WebLink About0706 3. Ta place and co~~i~uo~siy keep on thr b~i:d~ngs now oi bereafter siiuate o~r ;aid land and on a~i ~•quipmrnt ar.d pe~eona!ty cavered by rhi: mo~tg- eqe, with ali premiums rhereon pa~d in full, fire ins~rance ~n ~he ~wal srandard po;icy form, in e sum approved by ~he MORi~~:vCE, and w;ndsturm i~~urence in fhe us~al s~andard pol:cy form, in a sum approved by ~he MORTGAGEE, in such compa~~y o~ companies as rhe IuIORTGAGEE may diret~; eod all fire and w~ndatorm inwra~te pol~cfes on any of iaid buildmgs, any interest therein or pan thereof, in the aggregate swn atoresaid or in exceas therpof, shall contain ihe usual standard mortgagee clavxe or such other cla~se as the Mortgagee may requ;re, maAing the ioss under sa~d poli- cies, each and every, payabl~ to said AtORTGAGEE as its inierett may appear, and each and eve~y such pol+cy sha11 be prompNy ess gned and drtivered ~o any he~d by seid MORiGAGEE as funher security ro sa~d n,orrgage debt, and, nor ~es~ ~han ren (1G1 days in advance of the expiration of each pol~cy, io dr- liver to said MORTGAGEE a renewal thereof, togethar with a receipt tor the premium of such renewai; and rhare shall Le ~~o f~re or wlndsror~n ins~ranca pleted an any of s~id buildings, any intereit tMerein or pa~f thereoF, vn~ess in the form and wi~h ti+e loss payable as aforesaid; and in the event any sum Of money becomes payable under such policy or policies said MORTGAGEE ehall have the option to rec~ive and app:y the iame on acco~nl of the indzbted- ness secured hereby or to permit said MORTGAGORS to reteive and use it or a~~y par~ th.~:~of Ior o~n_r pur;,os_~s, v:;rf~.o.;t th;•~u: .v~+tl~_~ ,:r ~~:~p.:i - ing a~~y equity, Gen or right under or by virtue of this mor'gage; and in the evenr sa~d MORTGAGORS shall for any reason fail to keep the sa+d premises so insured, or fail 1o deliver promptly any of said paGC~ea of iniuran~e to said MORTGAGEE, or fai; pro~nptly to pay fu~!y any p~emi~m ~herefer or in any re~pect fa+i to perform, discl+arge, execute, effe.f, cumplefe, comply wi~h and ablde by this covenant, or any part hereof, sald MuRTGAGEE may plate a,a pay for sucn insurance or eny part thereof withaut waiving o• affecting any option, lien, equity, or r;ghr u~der or by virtue of this Mortgage, and the tull amount of eath and evtry such payment shall be immediately dve and payable and shaN bear intarest frorn the date thereof ~rni1 p~id at the rate ot nine per centum per ann~~m and together with su,h interest nhali ba sacured by the ~;en uf th;s mortgage. 4. To permit, commit or suffer no ~vaste, impa;rment or deter~oration of aa~d prooerty or any part rhereof. 5. To pey ali and singular the costs, charges and expanses, including a reasonable atrorney's fee and costs of abstracta of titi~, incvrred or pa~d at any time by sa~d MORTGAGEE, because or in the event aF tha faJure on the parr of the said MORiGAG~R to duly, prcroprly and fully p~rtorm, dacharge exeWte, effect, comp~ete, comply wrth and ab:de 6y each and every the stipulafions, agreements, cpndrtions, and covenar,rs of Ya~d pranussory note and fhis morrgage any or either, and sa~d costs, charges and expenses, eech and every, shalt ba immed~atety due and payaute; vahether or not rhere ba nonce dv mand, attemPt ~o colletl or suit pending; and the full amount of 2ach and every such paymem shall bear interest from ihe dare thereof ~ntii paid at the rare of nine per centum per anr.um; and a;l said costs, charges and expanses inturred or paid, togetner wAh such inferest, shail be secured by the iEen ef tfi~~ morfgage. b. That (a) in the event of any breach of this Mortgage or default on the pa!t of the MORTGAGOR, or (b) in the event any of sa;d sums of money herein referred to be not promptiy and fully paid wrthin thirty (30) days next aiter tha sa,ne severa:.y become dve and payabte, wiiho~l demand or notice, or (c} in the evero each and every fhe stiputarions, agreemenrs, cortd~rions ar.d covenants of sa,d promissory nofe and ih~s mortgage any or e~ther are not ~uly, premptly and fully performed, discharged, exec~ted, effected, tompleted, cornpiied with end arided 5y, then in either or any such avent the said ag- gregate sum meNio:ied in said promissory note then remaining uroaid, wiih imerest attr~ed, and a'tt moneys se~ured hereby, shal! become due and pay~ nble forthwirh, or thereafter, at the opt;on of said MORTGAGEE, as fuliy arul comple~ely as if nit of ihe sald wms of money were orig~nally sr~pula~ed ta be paid on such day, anythirg in sa.d promissory note or in this Mortgage to the contrary notwithstanding; and the~eupon or the~ea4ter ai the optiors of faid MORTGAGfE, wirhout notice or demand, avir at la~v or in eqv;ty, therefo~e or thereaiter begun, may be prosetuted es if all moneys secured hereby had matured pnor to rts institution. 7. That in the event that at the beginn~ng of or at any tirne pending any su~t upon this Mortgage, or to forec~ose it, or to reform it, or to enforce payment o( any claims hereunder, said MORTGAGEE shail apply ta the Cour! haveng jurisd~ction thereof for the appointmenl of a Receiver, such Co~rt shail forthwith appoiM a receiver of said mortgaged property a;i and singUlar, incl~d~ng all and s~ngu~ar the incorne, prbf~tx, issues and revanues from whatever source derived, eech and every of whlch, e being expressty underuood, is hereby mongayed as ~f spec:ii~afly set Forrh and desuibed 'ert !he g~anring and habendum clauses hereof, and such Receiver shai! have all the broad and effeaive funa,ons and powers in anyw~se entr~sted by a Court to a Rccziver, ar.d svch appointrnent lhali he made by such Court as an admitted equity and a matrer of absolwe right te sald MORiGAGEE, and w~tho~t referen~e to the edequacy or inadequacy of the valve of the property mortgaged or to the se~vency or ir.scwency of said MORiGAGOR or the defendants, artd rhat svch ren~s, profits, intome, issves and revenues shail be applied by such Reteiver accord:ng to the lien ar eq~ity of said MORTGAGEE and the practice of s~cfi COUrt. 8. To duly, promptly and fvlly perform, dischargP, exerute, effecr, comp~ete, tomply w;fh and abide by each and every the stipulations, agreements, condirions and cavenams in said promissory r.ote and th;s mortgaqe set farth. 9. That in rhe event the owr.ership of the mortgaged prem{ses, or any part thcreof, becomes vested in a person other than the MORiGAGOR, the MOR7GAGEE, its successors ard assigns, may, K~thout norice to rhe A10RTGAJR, deal with such suctessor or a~,tcessor in in;eres~ w~rh refe~ence to this mortgage and the de5t hereby secured in the sar-.e manner as with 1'.4e~tgagor wlthovt in any way vit:ating or d s:nar~ing tne 1~icrt~agors' lia6iiity here- under or upon the debt h?reby secured. No saie ef the Fren,is~s hereby mo~rgaged an3 no forbearant> on the part of the MORTGkGEE or its successor3 or assigns and r.o extension of the time fer tne payment of the debt h~reby secured given by the 1v~,OR]GAGEE er ~t= wccessors or assgns, ,{-~ail ope:ate to reiease, d;scharge, modify chang4 or affea the orig~nai liao;~rty of the MORTGAGOR hereln, either in whole or in part. 10. It is spec~ficaliy agreed that time is of the esser.te of this contract and that no waiver of any ob( gat~on hereunder or of the obligation se- t~~ed hereby sha;l at any ti:r,e thereafter be held to b~ a waiver of the terms hereof or of the insir~ment sewred h~~rby. 11. M add:tio~ to the foreyang rnomn'y pay,n~nts of pri~cpai and inr_re<t requ~red by th~ pror*•sscry r:o~e s:c~red he;eb~, mortyaacr covenants and agrees to pay to mortgagee rrith each :nonth y pay~.~ent an add,rlonai sum eY ~ ared b~ mortyagee ro be eq~al to 1 12 cf r';e anr,ual cosr of ihe foi~ow- ing: A-Alt real property tax~s levied or :~ssessed agai~~,sf ~V~c ahovc descri;cd n,al eseate. 6-Prenvums On (ire and v~ir.dsto~rm insurdr.cz a5 here~n r~qu:red to be c~rried cn !he ;mF?;ovemcnis s~t~at~ on tF:~ above dest~~bed premises. C-Pre:r.iu~ns on such mertg>ge g~aranty ir,surar.ce as mortgagee sha!i fro•r, ; r.,e ro t,~r,~. deem fit to carry on rt:e Iean sec~red hereby. Morigagee shali frcm time to r'me norify morrg.;ger ~n wrir;ng of thc a^~ouot d~•: and payable her~~ndar and such s~~~ sh~;t thereu,.on be due and payabie on tha due aate of the nez+ ~~;onth!~ paymenr snd each svccessive month th~reaf+_r unri' mcrtga;~ee sha!I not;'y morgagor of a char.ge in sucn amoun*. Svch sums shail be ap~.'~ed by morigagee tor:a-c the payment of real propert~ taxes, ins~~ra ~te p~em:vms, and +::or!~age guarcnty ~nsurar.ce premiums. IN VJITNE55 : EREUf, he sa~d MORTGAGOR has hcreonto set his hand and seai the day and year first aforesa;d. d, Seal nd in' reSGOCe of: „ n~ ' La'y~i.-i~ - (Seal) ~--~~($eal) - C' • ~1'w (Seal) _ (5ea!) S E OF fLORt~A ~ 55. COUNTY OF _i~ ~1] i p , ~ Before me personally appeared , ~'.P . ~~_T., ('hUi'[?1; end I~ier ; orie G . .h ~r .h his wifz, to me well kn~wn and known fo me to be the individuals described in and who execu;ed the foregoing instrument, and acknowledged Eefore me that they executed the same for the purposes therein express?d. And the ~a.d_~__~ Marjorie ~7. Chureh ~roife of the eaid ~.P'C~~ I„ ~ir'iUI'Cri ' upor a separate and p~ivate examinarion by me taken separate and apart from her said husband, acknowtedged to end before me ~hat she executed said rnstrumem ireely and vo!un- tarily and w:th~ut any comp~lsion, constraint, apprehens~ fear ef or from her sa{d husband. WITNE55 my har,d and afficia~ sea! ihis_____~~%~___._ day of , A. D. 19-5~%_ f No ry Public in and for the Slate of F!orida at iarge My Comm~ss~on exprre:: Return To: Fint Federal Savings & Loan Assoc;at~on [ Of Fon P ~.ce. •~r• n z T~ Lc ~ r~i~~ ~R~~ fort Fierce, Florida , 3, 13e~3 F . ~ ~ ~7 r ' : ~ ..S:ELNORST f 'f~~..'~ . - ~ % F~~E ~ ~l _ ~ ~ . \ r _ ~ • - . , ~ ~A~ RE~OR I . . ~ ~ _ ~~'8 ~A i . , . ~ OK . . . . . ~ . , 2 8 P~y 3; i 3 . . . . , ' r ~~~~s _ . ~ o - ST ~~ERA$• R,~ ~ eoa~ ~.i9 ~.Q4 ` ~a CO~NT~ ~ RI pq .