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HomeMy WebLinkAbout2170 ~ 3. To place and continuovsiy keep on f%:e L..• :t~~ ~s r.ow~ o~ t~ereaf;er ~:tua~e on s~ d land a~,d on a: eq;,;,~ „ent and parsa~ally cove~ed by this mortg~ sge, with all prem~~mf thereon pa d~n fu!!, f;ro ; s:,ra ,c~~ ~n tr.a ~.;wa' st~ndard po'icy Form, in a s~ n ar;;roved b~ Ihe h10Rti,AGEE, and wind~tarm insuranca in the usuai standard ~ot;;y form, in a su:n nre:td b~ thr MCRTGAGEE, in such tomp~ny or ce~npan:es as rhe MORTGAGEE may dirett; and all fire and windxtorm ins~r~nce pol~c:~•s on any raf xa~d b~~ld.ngs, cny interest therein or pa~t th~~reof, in the agg~egatr wm afuresaid or in •xeasa fhereof, shell contain rhe ~sual standard. morr~agee r.~use or such o~her dause as the Morrgagee may req~~re, maki~g the lou under ~a~d polH Cies, ea<h and 6vtry, payab!~ to sa~d MORTGAInEE as ~,s int_:est may appear, and eacn and eve~y s~th po ~cy shai~ b~ promptly ass gned and detiverrd to •ny hald by said MORTGAGEE as further sewrity to sald''.n;o~tg3ge debe. a~~d. net less than ~en (10) days i., advance of ih~ expirat~on of each po~~cy, to da- liver !o aeid MORTGAGEE a renewal Ihereof, together th a race~pt fur the premi~m of s~ch renAwa:; and thrr~ shall be no f~re or windstorm insurante plaeed on any of said build~ngs, any interest therem or~~e.~-tksreof, u,~'e3s in ~he form a~id w~th rhe ~ass payable as afo~esaid; end in the event any sum of money becomes payable undcr such pol~ty o• pol,c~es said MORTGAGEE SIIdII l1.iV@ ihe op+on to reo_~~r a-,J ap~~:y the samc or~ accouni oF the indzbted• ness secured hereby or to pcrmit sa~d MOR~GAGORS ~o rec~i~e ar.d ~se it or a:,y part th:~:c~f ror cci~ r ~r; ~s~ s, ~.,rl,~,;t thr, u, .,~~~~na c~ ~~,~p~~~- iay any equ;ty, lien or righ~ under or by virt~e of this mc~tgag~; and in the event sa!d MOBiIiAGGRS sha:l for ar.y reason faii 4o kerp the sa~d premises so insured, or fail ro deliver promptly any of said poGcic•s of insurance tu said MORTGAGEE, er 'a~l pron,p!ly to pay fvlly any pre nivm iherefor ur in any respect fail ro periorm, discharge, exewte, effra, compi~te, ccmply wirh a«d a5ide by th;s coven.~nt, or any p;-t hereof, said MORTGAGEE may plece and pay for tuch imu~ant~ or any part thereof withuut waiv~ng or affecring any option, lien, equfty, or righr under or by virt,;e of th~e Mortgnge, and the f~ll amovnt of each ~~d every auch paymem shall tr ~mrnediate~y due and payable end shall b~•ar interes~ f;om the date thereof unt~l paicl at the rate of nine per cantum Rer ennum and togeiher wiih svch inte~es~ shei, ~e secured by the lien of th~s moitgage. 4. To permit, rnmmit or suffer no waste, impairmrnt or dete~i~rat(on of said propeity or any part thereof. S. To pay ali and singv!ar the costs, chargea and exoenses, inc:uding a reasonab!e attomey's f~e and cos!s of abstracts of t~t~e, incurred or pald at eny timr by ~aid MORTGAGEE, becauxe or in the event of th~~ fai!we on tne part of ;he said 41pRTGAGOR ro d~ly, pro~r,ptfy and fvily parform, d~scharge. execute, effect, cemplete, comply with and ab:de by each ar.d eve~y th~ stipu~at ons, agreen;ents, condit~ons, and covenants of s.n~d prcmisso~y note ar.d this mortgaqe any or either, and eaid costi, charges and expanses, each and every. shall be immediately dve and payable; v,t~erher or noi thert be not~cr d~ ma~d, attempt fo collect or suit pend;ng; and the full amount of each and every s~ch payment shali beac ir,tcrest frorn the date the~eoi ~nt~l paid at the rate of nine per cens~m per annu:n; and ail said cosis, charges a•~d ex,.~ns~s ~ncurred ar pa;d, togeth~~r w~th such inrerest, shafl be secured by the iien of ih;s mortgega 6. lliat (a) in the event of any breach of this Mortgaqe or defs~;t on rh~ part of the h!ORTGAGOR, or :;bl in the evenf any oF sa'd s~ms uf monay herein referred to be not promptiy and fully paid w;thin ;n:rty (30i days next a9ter ihe so•ne se~.era,~y becan~ clue and payab!e, without demand or notice, ur (c) in the rvent each and ev~ry the stiputai~on;, agreements, cund~tfo:~s anu coven~n+s o' sa d pro-~~issory Rete and th:s mortgage any or e~ther are no~ ~uly, promptiy and fully performed, d,schargzd, executed, effected, co,npizted, complled wrth and arldc•d `~y, then in either or any avch event the sa~d ag- gregate sum mentioned in said promissory note th~n remaining unpaid, w~th intere~t accr~ed, and a~i moneys sec~red hereby, sha!I be<ome d~e and pay- eble forthwith, or thereafter, at the option of sa~d ~41URiGAGcE, as fuiiy and comp;etely aa if ;II of th~• s~~d wms of money werc origina;ly sGputated fn be pa~c! on such day, anything in sa d pre t? sscr~ n.a~? c: i~e this Mortgage to itra tonrrary notwaiihstsnd;ng; a«d thereupon or lhereafter at ~he opt~on of said 1r1QRTGAGEE, without not~ce or demznd, suit at law or in equ~ty, rhei~fore or ?hereaiier JB~;;n, n:ay be prosecuted as ~f all money3 secvred hereby had matured prior tc its inatit~tion. 7. That in the event that at the beginn~ng of ur at any time pending any su:t upon this Mortgage, c~ to foreciose it, or to reform it, or to enforce payment of any daims hereunder, sa;d M~RTGAGEE sha~: ~pp'y to !he Cour, hav~cg j~~r:sci cr:er: thereo4 for !he appoinimenf of a Recetvee, such Court shall forthwith appoint a receiver of said moitgaged pro~erty all and singu;ar, inc~~d ~~g a'u a~ d sinqv~ar ft~e ir.com~, prof~ts, iss~es a~~d reven~es from whatever •ource derived, each and every of wh:th; it b~,;ng express!y ~nda~srco~, ~s !~e,eby n,wrq;;ed as if spec~ticaliy set forth and deacribed in the graming and habendum dauses hereof, and svch Receiver sFail have ail ft» broad ar:d ei'~~~ve t~~uc o~~s ar.d co:•:ers in anyw~sc entrusted by a Court to a Rzcaiver, and suth appointment shall be ~~ade by such Co:;rt as an ad^-~~ttzd er.~lt~ and a r.~atte; oi a~so'wtc r.ght to said hiORTGAGEE, and without referente ro the adeqvayo ur inadequacy of the va!ue cf th~ prop=rty mortyaged or to th•~ so.vency or ~nse:vency ef sz~d MORiGAGCR or the defendants, ar.d that such rents, profits, income, issves and revenues shaii be app;ied by wch Ret.~~.er accerd:ng to the lier, or ecqoiry of .aid hIORTGAGEE and the practice oi such Court. 8. To du!y, prompt{y and fully perfo~m, dis:ha=ge, eze,v!e, ef~ect, temp:cte. ccrnpiy w;th and abide 6y eac~ and evzry fhe stlp~iatiors, agreements, condit;ons and covenanrs in sa~d promissory note and th:s rr,;;rtgage sef forth. 9. That in the event ehe ownersMp of rhe mortgaged pre~~~ses, c~ a•.y part thereo', t:eco:res vested in a person o!her than the MORTGAGOR, the MORTGAGEE, its successors ar.d assigns, may, vii~hout n~t:cc to the .','.O~iG.~,"`,k, d~~a! l•:~:h s~ch s~.,cccsscr or s~ccessor ;n inter~st with reference to thi~ mortgage ard the debt hereby setured in the same mann~r r.s ~n•~ih L~.ort~ago• v.;~hour in any •,vay vit:at~ng o~ d,scharg~ng the ,'.5crtgagors` liabiliry here- unde~ or upon the debt her~by secur~d. ~.lo sa'e cf r!;e ; re ;:s•~s h_reby rnvrtgaged a~~.d no te beara~;ca or, the part ci the MORTGAGEE or its successcrs o,- assigna and no exrension of the t;me tor the {:ay:,~ent e~ tke debf tiere:;y s^cured yiven tiy the 11JRiGAGEE or its svcceuors or ass:gns, a~;ail ooerate to release, d:scharge, modrfy char.ge or aF`ect the orig,nai ;ia:;,l!ty of tn:- h':04iG.AGOR herein, eitiier in whole or in pa~t. 10. It is spec~ficaiiy agreed that time ia of th~ esse~.•=e of r4;is cc~n~nct ar~d that ro ~n•aiver of arty obl~gat~an hereunder or of the abligation se~ e~red here~y aha;i at anv time therza`ter be heid tc; be a waiver uf th~ te;~ns }:ereci or of the insfrurnent sec~_•ed hc:rby. 11. ;n edd:~}ocL t~ rhe fcregc rrorvh y E- y r~nrs of p~irc t- and r _ ss rc~ , ed c; tt e p•o~~: s;cry nor_ s:cured h~ c6y, mortgagar eovenanls and aqrces to pay ~'o w~i~agee N.i+h ._ac`r ~ ~o•h , ~~y. _nt a~ ~dd ...~al ,u _s?', ,3 e~ ~•o^•y+ge~ to t,: equa~ to 1 12 of t~~ anr,_a( cost of the fo~iow- iny: ~ . ;K;-. A-A!1 real ptO~r~%l~laxas IC'1!;~: or ass^ss ~ci >g~6 in:_ ~i:~:r de;c~i'~_d r_al es'a c. B-Prerr.;ums on fi'Fe and v.;r.dsr.^.,,, m,s•r~~ce as i~erein m;;.~ n,d to Le c~,r;.._: c~ th: cv.,men?5 _,,,.~te cn th~ ~bpvc. d~s:ribcd pre:nise5. ~-Prer.^.iu:rs cn such n-ert~3r_.e guerav.ty insurac-E as r;o-!qa _ sha'; fro r. t'rne to ~ clee^i f! to car 9^" y on the loan secured hereby. 9 9~- ~ ~r n cn! of t%-.e ..•i E t;~, Mort a A s~a i frcm t~~~~ 'o ncr: me~ ,,3 ~ ~ • ~ ~ h~reu~d:r and such s~r• sh;' th_reu;~cn be ~3ue and payable on tne d~e da~e of the nc~t n•c~tn'.~ paymenr a d_.,~ s_.c_~s~ve ~•:!n ?,~_.~„i! ~r.cr,ns~ce sha. ~otly r~:o-tyi~or uf a chan~e in s~ch amouM. $uch ;umi sha!! be appiied ey rr.O~ty~y~;; to::~rc1 ih.: papment uF re;i^ ~;o,-.en~ !axes, insu~~;i:; pren~:u:ns, a:~d mortgage guaranty ir.surar,ce p~emiums. IN Y~ITNESS V4'HEREOF, the said MpRSv.AGOR has he:e~nto set niz hord and saal rhe day and yea ~st a!oresaid. ed/3ealecl and deliver in the resance of: ___LGfQ~._' - - ~~a~ -(Seai} • • ~~x~ ~ . ($eal) - (5eal) - (Sea?) SiATE OFFLORlDA ~Fi~Ilt ~.,UC~~ 55. COUNTY GF _ _ ~ Brfore ma perso~ally appeared Au T'A V~. Fl ~ i 9 nT1}~~ ~1~_~~~ ~ - 7Ci~Ci7filf, to me well knov,•n and known to me to be the individua • described in and who exec~red the foregoing ina!rument, tnd ack~cwledged before me that ~eexecuted the same for Phe purposes ther~rin expressed. J4id~CdR'r?Sa~.3C7~ ____W +~?(FZ~1ftJftXaCaC , u~i~`rCX,G~6i7~?Ev~itY Ae1L~JC~3l'9if4QC~}[A"1C~C7~t~~7C~J[~C~Q~7Q?Q~ ~ ' dGtitd?Cf 3~fe7Cafr7f~r7~a~SdCJf~Ki~ ?Q~ J4!~1?~.DQ~C4QflC~f 94D4~ltXD~C D6d~DCa7EK ~i7~~C~63~Y7CflfaK XG{df 7fc~If~CD~~iZ74+~ WITNE55 my hand and offiual saal this___-~ day o{ ~TLl~T ~ _~i . A. D. 19__...~ ~ ~ ~ ~ ~ , Notary Public in and for the State oE Florida at Larpe ~ My Commiseion expires: ~ ~er~m To: ~'~L tVotary Public, 3tate pf Flortda at lar a F;rst Federai Savir.gs 8 Loan Assuciat~ ~ - C ~~EO ~~Y Commss:cr~ '=~;i,rQ~'rypy, ~~5 BQOK f//3/~iS~ Bonded b Rmer+;:~i, Ts ~o. o! N. Y. Of iort P erce. ~J / Y ~ "r~ t'?'. ~ furt Fierce, Fforida `~~r"~,,,y~/ / -r`~~G J , ~v.r '6~ ,~U'~ 2 8 P~ 3 : f 9 , - ~ . ~ ~ i:~~'a~~~f x ' ~ - - ~ . ~ ~ ~ _ _ ~ OGER FOiTR~$5, CLERK ~ _ = - ST. t,UCI~ COUNTY, , . , FLORIDA " ~ . . : j . : ~ ; - . , Ht~ic t~iU~ ~ ~ ~ ~c?