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Home My WebLink About1862 3. 7o ptece and continuousiy keep on tix bv~'.d~nge now oi narea`rar a~ruare :,n s:.~d !and a~.;; c•~: rq~~:p-~eu! a+~d persona~~y covered by thia m.xtg- ~gs, with ~II premiums thereon pa~d in full, f~re insurante hi ths usua~ arendard poly~y form, in a su:n approved by the MOR(GAGEE, and windatorm insurance in tl» uaual standard pol~cy }orm, in a s~m approved by tfie MORTGAGtE, in such cocnpany or companies aa the MQRTGAGEE may di~wct; and ail fire ~nd windato~m iny~ra~ce po'ic~ea on any of aaid bui~dings, eny ~r~terest th~rein or part the~eof, in the aggregete sum atoretaid or In axcesf theroof, ~hal) to~tnin the usual standard mortgagee dause or wcn o~her clause es rhe Mortgagee may requ~re, making the toss under sa~d poli- cirs, each snd every, payab!e te soid MORTGAGEE as ~ts ir.tare~t rnny a, pear, and each and every tuch policy shall be promptly eis gr,ed a~~d delivered ro any held by faid MORTGAGFE u furtfier security fo sa~d rnortgage debt, and, not less than ten (10) days in ad~ence of the expirat~on of each pol~cy, to dr livtr +o uid MORiGAGEE a renewel thereof, together with a roceip~ fnr the premium of such renewal; and there ahaU be no fre oi wir,dstorm insurance plx~d on ~ny of uid buildinge, any intereat iherein or part thereof, unless in rhe form and wiih the ioss payeble ax afo+csaid; and in the cvent any sum of mon~y bacomes payable under such po~icy or pol~cies u~d MORTGAGEE shal! have the epr:on to reccive and ap~:!y the sama on ac:o~nt of the indebted- nets iecured heroby or ro permit said MORTGAGURS to receive and use 6t or a~~y pact Thereof fo~ o:+rr Fv:teac•s, v.irho~t th~rroi ~v~ivi`g o~ unpair- i~iy any equity, li~n or right under or by virtve of this ma!gage; and in thr event sa:d MORTGA~;ORS sha!I 'or any re~3son fail to keep the said prem~srs so insured, or fail ~u doliver promptly ~ny of said policiee of insu~ance to aa~d MORTGAG~E, or fail promp;ly vo pay i~lty any pre~~iium therefor or in any respect fail ro perform, discharge, eaetute, effect, comF~ete, comp~y wi~h and ablde by th~s covenant, er any pa~t hereof, said MORTGAGEE may place end pay fw ~uch Inaurance or any part thereof without waiving w affecting ony option, lien, eq~~ty, or righr unde. or 5y virt„e of !his Mortgage, end the full amount of each and every s~ch payment ahall be iR:mediately d~r and payable and shali bear interest from thu date thereoi until paid at the ratu oi nine per centum per snnum and together v,•ith svck interes± shaii be ~ecured by the Gen of thh mortgage. d. 7o permit, tommit or suffer no wastc, impairment or deteriorat;on of aaid property or any part thereof, 5. To pay all and singular the cost~, charges and expenses, including a reasonable attomey's fee and costs of abstracta of titie, incurred o~ pai~ at eny time by uid AAORTGAGEE, becauae or in the event of the fallure on the part of ;he said h10RTG4GpR ro duly, pron~ptly and fuily perform, d~acharge. execvta, effect, complete, comply wiih and ab:de by each and every the s?ipulat~or.s, agreerT~enrs, conditions, and covenants of said promissory note and th~s mortgaqe any or either, end sa~d cosn, charges and expenses, each a~~d every, shall be immediately due and payab!e; whe~her or not there be not~ce d~ mand, attempt to colle<t or wit pending; and the full amvunt oi each and every wch paymem sha!I bea~ interes~ From the date therrof unfil paid at the rate of nine per centum per annu,n; and all said costn, charges and eapenses ~rr..uirrd or pa~d, together w~~h such interast, shal{ be sec~:ed 6y ths lien of this morigage. 6. That (a) in th~ event of any h~each of this Mortgage or default on the part of rhe r~10RTGAGOR, or (b) in the event any of said sums of money herein referred to be not promptiy and fully paid wifhEn thirry !30) days nex~ airer the same severa!ty become due a~d payable, withou~ demand or notice. ~ or (t) in tht evem each and every the stipulations, agreements, condi!ions and covena~~: of sa.d Rromissory nota and th~s mortgage any ~r either are naf iuty, prompHy and fully performed, d~scharged, exec~ted, effeUed, completed, complied with and ab~ded 5y, then in either ar any such event fhe said ag- gregate sum mentioned in said promisso~y note then remaining unpa~d, with intere;t accrued, and all moneys secured hereby, shall become dve and pay able forthwith, or thereafter, at the option of said MORTGACEE, as fully and completely as if al! of rhe said wms cf money were originally stlpulated fo be paid on suth day, anything in sa:d promisscry~ note or ir. this Mortgage to the cantrary r.o!.vithstanding; and theraupon or thereafter et the option of seid MORTGAGEE, M~itFout notice or dem~nd, sv~t at law or in equ~ty, thzre`ore or tt,ereafrer begun, may be prosecured as if all moneys secursd hereby had matured prror ro its institulion. 7. That in the event that at the begin~~ng of or at any time pend;ng any su:t upon th~s Morrgage, or to foreclese it, or to refo.m it, or to enforce payment oi eny claims hereunder, said MORTGAGEE shal~ apply to the Court havieg ~uri;d:ct~on ;h.r.•of fo; the appointment of a Receiver, such Court shall forthwith eppoint a receiver of said mertgaged propzrty all ar.d singuiai, ir.d~d,ng aiI a~~d siraular U~e incane, profrts, issues ar.d revenues frpm whatever ~aource derived, each and every of which, it beirg expressly undenicod, ~s he:e~:y mortgaged a5 iF spec.f~ca:.y set for~h and destribed in the graming and habend~m clausb hereof, and such Receivar shalt have aIl the br,~ad and effecr:~e func~.ons an~i po:.c~s in anywise entrustzd by a Court to a Rzceiver, and such appoi~tment shalE be made by such Court as an admitted equity and a master cf absoiute r~yht ;o sa~d NORTGAGEE, end without reference to the edequacy or inadequacy of the value of the property mortgaged or to fhe so.vency or ~n<_or.ency of sa:d MORTGAGCR or the defendants, and that such rents, profiri, intome, issues and ravenues shall be applied by such Rece~ver eccord;~.g to the lien or eq~ity of said MORTGAGEE and the practice of auth Court. ' 8. To duly, promptly and fully perfarm, distharge, execute, eifect, complete, cor,,ply with and ab~de by each and every the stipulations, agreements, conditions and eov-nants in said promisaory note and ~h~s mortgage set forth. 9. That in the event the ownership of tne martgaged prem~ses, cr any part tnereof, 6ccam~s ves!ed in a person other than the MOR?GAGOR, the MORTGAGEE, its suttessors and assigns, may, without notice to th~ 410R7GAOR, deai w,th such s~ccesso~ or s~:ccessor in interest with ~eference to this mortgage and the debt hereby sewred in the saroe manner as w~fh f.'or;gagcr without ~n any way vit:a~ing or d~scharg~ny tne Mortgagors' liabillty here- under or upon the debt hereby secired. No sa•.e ut the Fremi;es hcreby mortgaged ard no fo:bearan~~ en the pan oi the L40RTGAGEE or iis successors or assigna and no extension of the time for the paymenr o` the debt h^reby sec~red given by the ~l:ORTGAvEE o! its s~ccessors or assigns, a,~all operate ro re!ease, discharge, modify change or affect the original IiaoJ:ty of the MORfGAGl7R herein, either in whole or in part. 10. It is apeufically agreed that time is cf the essence of th~s conrract and that r.o rn!aiver of any ob~ ga+len hereunder or of the ot~ligation se- e~red hereby shal! at any time thereatter be held to be a waiver of the terms hercot or of the ir~sfr~rnent se:ured herby. I l. In add~ticn to the Forego'ng month'y paym^nts of pr~nc'pa! ar.d i~7lerest requ;~rd by the prem ssory nore scc~red hereby, mertgagor [ovensnts and agrees t~ pay to mo^tyagee with each menrh y;:ayr~e~et an add~r;onal sv~? esr:-ra~ed b~ n~~arryac~~~e to 6e aqua~ to l.l1 04 the annual cost of the follow- iny: ~ A-All real pro~erty taxes levied or asseszed aga[•~st thc dbove desc~ibed r.st esfate. i B-Premiums on fire and winds`onn insurarce as nerein req~;red ro be czrried e•~ th~] ~",:~CV~Tr;715 :ijV-]fC on the above d^scr,bed premises. € C-Premiums on such mort~age guaranty ir.wrzr~ce as mortga~ee shaii 'ro:n s me 'o ti~ne deem fit to carry on tne ioan secured hereby. ~ Mortgagee sha~~ from tirne !o t~me noti(y mcrrgagcr ;n writ~r.g o; ihe a~ro.~! d~e and pa~ab':e here~^dar and u;_h su~, shail ihereupon be du? and ~ payable on the due date of the ~~ext month:y paym~nt ard ench wccessire rno~~th tf;ereaf!ar ur.tii mertqagee sha'I r:ot:fy mortgagor oi a change in suth amour,t. Such sums sha;l be appliecl by mortgag~:e toward the payment of re:,~ property taxes, insurancr. prem.u:r~s, a,,d rnor~yagc guaranty insurance premiums. IN VV:TNE55 WHEREOF, the said MOR7GAGOR has hereunto set his ha~;d and seal fh: day ard year~irst afcresaid. ' n , eled deli the presence of: ` " ^ {Seal) ($eall --f5e+~l} - - (Seal) STATF OP ~IORIDA tOUNTY OF Sa3 nt L'tZf~iB ~ ~ 8efwe m,e personally apFeared M~ ~a~~1`~ _ and Ai'9'ff 7.l3t7Af:h ~6(A .A7'~~ his wife, to me well known and known to me to be fhe lndividuals described in and who executed the foregoing in:trument, anC atknowledged before me that they executed she sa~ee for the purposes therein expressed. And the said M~ry Fli.zahe_th Wat~rs wife of the said Wat~~9 ~,.upon a aeparate and private exem~nation by me tzken separate and aoart from her said husband, atknowledged to and before me that she executed said ir,strument frveely ard vo~~n- larily ar.d witheut any compulsion, constra~nt, apprehe ion~~.,fear of or from her said husband. WITNESS my hand and official seal this__ ~ - day of JUnB+ A. D. 1? ~'J , Notary P~ in and for the State of Florida et la~~c ~Ay Com a~ion eapires: Ratum To: ` Firat Fed~rra.l' Sei~Sn a 3 Loan Assoc' ~afarY ~Uhf;~; State Of F~^ ~ 9 ~'f~."ED A D REC~RQE~ ` `:e~ 3` `°t g ~ OR-[ro;~ ~.~~ce. , 1~ Comm s,'cn xp;raL~_Aug. 6, 1967, •'~orr ~Pierce. Fior;da 1..-..-~~ ~ o K 84nJ~d 6y Amer~cen $~net~; Gp. o~ N, Y_. C~ ~ ( • ~ . .1' • ' '65 JllN 2 I ~I7 • ~ ~ . . 4 ~ ~ r - _ ~j ~ y!-~}~1~l~ },V i' .i e ~ t,~ l~ € . w ~ . ~ . . ROGER POITRA~. CLERK = 0.-~ _ ~ • ~ ' ST. LUCI~ COUN1'Y. - ~ ` _ ~ FlOR10A ~ y,,~% %zj''•l, ~E OR ~ ~ ~l~~:sJ;~.;~, $~r~ _ ~ ~