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Home My WebLink About2371 3. To place end conrinuousiy keep on rne b~; d~ngs now or haroaNer s~iuate on s~id land and on •11 equlpmeM ~nd ~nonally tov~r~d bv thit moriq- aga, with ~It p~cmiuma therco~ pa~d ~n fu;l, f~re insuranca ~n rha vsual standard poG:y form, in a sum approvtd by the MORTGAGEE, md windstorm Insurence ~n the ~sual ~tanderd pol;cy form, in a s~m ap~roved by the MURTGAGEE, in wch company or tompanies as th~ MORTGAGEE m~y direti; end ell fire and w~ndatorm ins~rante pal~c;~s on any of said build~nga, any infe~est thsrein or psrt thereof, in the agq~tpat~ wm afp~aaid or In excau thrreof, shall :ontain the us~al sta~;dard me~t;.;gee cla~se or su<h other tlause es th~ Mwt9agee rn~y req~in, makiny the Ioss ~nder said poll- cies, each and every, pay~bfe to said MOR7G.4GEE as ~ts inrareat may apprar, and each and evrry wch pc>licy shall be promptly sssgned snd delivered ~o ~ny held by said MORTGAGEE es further security ro sa~d m.orty~ge debt, and, nat lea~ than ten (10) days in advance of the expirotion of each policy, to d~- liver to said MORiGAGEE a renewal theieor, togefher with a receipt for the premium of such renewal; and then shall br ra fire o~ wind~torm in~ur~nc~ pleced on any of sa~d buildings, any inrere:t there~n or par~ rhzreof, uniesx ~n ths form and with tha loss psy~ble as afora~aid; and in ths event arty sum vf monay becomes payable ursder wch policy or poGcie: said RAORTGAGEE shal; have the option to rcc2ive and spply the ume on accoum of !hs in~ebted- ness secured heroby or to permit said MORTvAGORS tu receive and use it or any part the:eo# for ather purpa~es, without Ihtreby waiving or impair- infl any equ~ty, lien or right under or by virtue of this mor:gage; and in the evem said MORTGAGORS shall for +ny reasan fail to keep the s~id prsmiie~ so ins~red, or fai! to delivar oromptly ~ny of s.~id pol~ues of insurance ro said MORTGAGEE, or fa~i pramptly to pay fully s~y pramium therefor ot in any respect fail ro perform, d~scharg" executa, efle<t, con,p!ete, cornply wirh and abide by thit covenant, or any part hereof, said MORTGAGEE may pl~ce and pay for •uch ins~rance er any part thereof wirhout weiving or affettiny any option, lien, equity, w riqht under or by virtue of ii~~• Mortgaqe, and the full amount af each and every auch peymem shali ba immediately due and paya6le and sfiall bear interast from th~ date thereof urtil paid o1 the rate ol n;ne per cenr~m per annu.n and to~rther w~ih a~ch i~iterest shali be. secured by the lien of thia mortyege. 4. To permit, commit or suffar no waate, impairment or dete~iorstion of said property or eny part thereof. 5. To pay all and singular the ccsts, charges and expe~sas, including a reasonable ettorney's fee and costs of abstracts of fitla, incurred or p~id at any time by said MORiGAGEE, because or en the event of the iailure on the part of the said MORTGAGOR to duly, promptly ~nd f~~~!y pe~form, diKharpe, exewra, effrci, mmplete, comply w~th and ab:da by each and every the xtipula~~ons, agreements, conditions, and cov~nent~ of said promissory nob ~r.d thi~ mortgage any o: e~ther, and sa~d cosrs, charges and expenses, each and every, shall be immediately due end payable; whether or not thert b~ rotite da mand, attempt fo collect or su;t pand~~~y; and the f~ll amount of each and every svch paymem shali 6ea~ intsrost from the date fhsreof until p~id •t th~ rate of nine per centum per annum; anc' a!i sald cests, chirges and exaensen inturred or paid, together with suth Inter~t, shall bs seeu~rd by tM li~~ of th~~ mortgege. b. That (a) in the event of any Lreach of thls ~SAortga9e or default on the part of the MORTGAGOR, or (b) ia the event sny of ssid wmi of monty herein referred to be not pro:i~ptly and fulty pa~d w~rhin th;rry ~30; days next after the same severa!ly becoma due and peyable, withoW demsnd ar notit~, or (c) in the ever.t each and every the stlpu;at~ons, agrecments, cond;tions ar.d covenants of sa;d promissory nofe and thi~ mortgefle aiy w titl~er are not i~ly, prompHy and f~~ify perfonned, d uhargod, execufed, effected, completed, compl~ed with and sbided 5y, then in either or any tuch w~nt 1M t~id p• gregate sum mentioned in said prom~ssory note then re~naining unpaid, wirh interest accrved, and alI rrtoneye secur~d hereby, •h~ll become du~ and pay~ able forthw•ith, or thereafrer, at the opt~on of sa;d MORTGAGcE, as fully and completely at if all of the said sums of money wer~ wiyinally ~tipulat~d ro be pa~d on such day, anything in sa.d pre~n~ssory note or in this Alortgage to the contrary norwithstandinq; end thereupon or ihareefter a! the Option of se~d MORTGAGEE, w~rhout notlce or dzmand, suir at law or in equ~ry, there:fore or ihereafter begun, may bt prwecutec! ~s if •11 moneys ioeur~d Mr~by had matured pr~ot to its institution. 7. That in the event rhzt at the beginning of or at any ri~re pending any suit upon this Mortgaqe, or fo foreelosa If, or to reform !t, or to enforp payment of any claims hereur.der, said MORTGAGEE sha!t apply to the Court having jurisdfction thereof for ths appaintm~nt ai a Recetiver, ~vch COUr1 thsU forthwith appoim a receiver of sa1~1 mortgaged property all ano singular, includ~ng al! and singular the income, profua, tuue~ end rwenue~ from whativ~r sou~ce derivad, each and every of wh:ch, :t being express~y ~ndersrood, is hereby mortgaged as if ~pecifically ut forth and deseribed In th6 qrlntirp and habendum davses hereof, and s~ch Receiver shall have ail the broad and effective f~nct~ons and powers in anywise eniru~ted by • Cou~t ty a Ret~iv~r, •nd cuch appointme~tt shall be maae by wch Co~rt as an ad:~ittad equity and a matter of absolute righi to said MORTGAGEE, ~nd without refer~nt~ to th~ edeq~acy cr inadequacy of the va!~e of rhe properry mortgayed or to the so;vency or insolvency oF s~id MpRIGAGOR or the defendants, and th~t wth renfs, p~ofits, income, issues and revenues shail be applied by such (:eceiver accord~ng to the lien or equity of aid MORTGAGEE and the prsetie~ of ~uch Court. 8. 7o dv!y, pron•~pt'y and fully perform, dlscha~oe, execure, effect, completr, comply with and ebide by each snd e•rary the i!ipul~tio~s, ipre~m~nU, cor.ditions and covenants ~n sa~~ premissory note and th:s mertgage set forth. 9. That in the event the ownership of thc mor!gaged prem~ses, or any patt thereof, becomes vested in s persorr other iha~ the MORTGAGOR; the MCRTGAGEE. 9ts wcc~ssors and assigns, may, withoJt retice to the MQRTGAOR, deel with wch succeswr ot Wte~stor in interest with refQr~nta to thi• mortgage and the debt hereby secured in th= same m,;,irer as with FAortgagor w~thout in any way vit+eting o~ disefierging tho Murtpaaori li~bility h~rt under or ~pon ~ne deb~ here~~ secvred. Nc sa e of rt:e Fre-nfses hcreby morrgaged and no iorbeeranee on ihe pan ef the MORTGAGEE or its ~uctefsors or as:tgns and no extens~on of ihe n~~,c Se- t1,.~ paymenr cf the debt hereby secured given by the MORTGAGEE or it: tuccesson or asrfln~, ~hall operot~ to re!ease, d~s:harge, modify change er affect ihe orig~nal liau:iity af the MORTGAGCR herein, either in whole or in part. 10. It is speuf~r3!iy aoreed that time is cf the esse^ce of this tontract and that no weiver af any obligation hereun~er or of the oblipation h- cured hereby sha!I at any time rhereafter be heid tc be a v.-ai,;er of thc terms hcreof or of the insrrument cewred heroy. 11. In add t'o:i to nc~~ foreac'~:g onrn'v ray~:c~,rs of p•Irc paI ana inte~e5t required by the prom~ssory no!e secured hereby, mortpegor COV~nant~ and agrees to pay ~o r,ortga~~e v.~~h eaeh mon~n , pa,-.,enr an acid!,icna! s~m est~mated by mortgagee to be equal to 1/12 of ;he annuel cost of the foiiow- iry: A-iill real prcperty taxes ie:i:;d o• assisseJ ag~~~-~s! ti~_ above desc.i!,ed real estate. 6-Pren;;~~ns en f~r~ ar.d wh:usror~;~ ins~,ra^ce as i;c-c:r requ;red to be carrled on the Improvements s'~tuate on the above described prtmises. C-Pre:n;~„,z on such mar?~::ge g,a~a^ry Insu~a: c_ ns ~,.o-!gagee shaii from t me re time deam fit to carry on the loan iecured hereby. Mortgagee sha'I frcm t( re ro t~me no!~fy ,~~_•rs~aGcr ~n wrir;rg of ~he arr.ount d~e and payable hereunder and such •um shell thereu~xn be due end ~ayable on the due d3re cf ~ha nexs :,:on+n.; p.;~~-•er.t and each succeszlve month thereafrer untii mortgn3ee ehall notify mortgagor of a ehang• in w:h an':ount. S~ch sums sha;l be apF:'ied by mertga~~~ tc.vard !he payment of real property taxes, inwrarce prem;ums, e:id morfqage gueranty infuran;e premiums. IN ~YITNE,iS `h'HEREOf, tne sa~d MORTGAGC2 nas h~reunto set his hard ar.d seal the day ear first af~c7~~ igned, $e ed ar,d vered in the presence oi: ~i O / . .!%~,1'.tLJ (Seol) : - - - l.. ~ .~~~T~I',t~c' (Soal) - - - (5~s1) - t5eel) $i?.TE OF FLORIDA 55. COUNTY OF . LU C 1 A ~ ~ Before me persona!ly appeared 3!'Pi_ M07C'1^~q_ _ end _-___$11,~~1. A_ Morris his wife, to me well known and knowr. to me to be the individuals desu;bed in and who executed the foreyoing instrument, and acknowledged before me ihat they executed the same for the purpoaet therein expressed. And the safd_..~. ~].1~b, ,A . Marr1 s _ wlfe of the said _ _ ___~iy,_~i. Morris upon a separot~e end private exam~nation by me tzken separate and apart fr,:^i hcr sa~d husbznd, atknowledged to and before me that she exetuted said inatrument freely and volun- tarily ard without any compufsion, constrain!, apprehe~ss;on, pr fear of or from her said husband. WITlvF55 my hard and official sea! lhis___ ~LIC day of ~ A. b. 19 ~ I~lotary P ic in and for the State of Florida Large t 1'! • My Co ission expires: . 'Rltur~S`•r~.:~ DED Firs; ~QdCtnl. ~s, & CQ~rs.Asso~;ar~t~E A ~E.~~R ~~otary rub'"c, J'at~ of 'riorida at LarQe . ~o`~ .1~e,ct" (1~~ O~ K ~1y Gamm ss on Er.p:~a~ Au,~. 6, i 357 ForT•e~~ e Ftb~r~d~ , v~~~ ~~f ~antled t3y Am~r~can Surety Co. c.~f N. Y. 1+~1 ' ~ 'Irf . ,n5 Z P1~ 2 ~ 53 _c~.''''"~c~. • . . . . t ~ t ' . 5 'v ! ~ ~ i~- . /~..,~~•}`1 ( y~.-~l . ' - ` Y'>. RGG~~-,~~=., f,t~.:~'~1C~~RK : , ° S1. ~ FI.OR DA , ~ ~ _ . . ' i ~ R ~ R ~ ~ ' ' , ~ • ~ \ . scv~ 1~ ~ ~~~1 ? e~~ ~ ~ ~