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Home My WebLink About2537 ~i I ~ 3. To place and continuouely keep on the buiidings now or h~rorfter ~i~uata on aaid land and on atl oq~ipmeM end personally covered by this mortg- ~ ~ p~, with all premi~ms 1ha~eon pa~d in full, fire inwrance in the usua! startdard po;ity fo~m, in • svm epproved by the MOR~GAGEE, and windstorm j insurance in rhe usual a~andard pol;cy 4o~m, in s a~m approved by the MORTGAGEE, in suth compeny or companies as the MORTGAGEE may dirett; ~nd ali fire and wi~dstorm inaurance poticiet on any of iaid buildinqa, any inter~at ihe~ein or part thereof, in the aggregs~e sum iforesaid or ` in ~xceu lhereof, shatl to~tain the uwal standerd mortgagee clautie or such other clauie es Ihe Mortgagee may requ~rs, making fhe loss under sa~d poli- cies, each and every, payable ro uid MOitTGAGEE as ~b interest may appear, end each and avery such po!~cy shall be promptly ass gned and delivered ro •ny h~ld by taid MORTGAGEE es further secvrity tn said mortgage debt, a~d, not leas than ten (10} days in advance of the exp~rarion ef each policy, to dr ~ liver to said M0~2TGAGEE a renewai thereof, together with a rete~pt for the premium of nuch renewal; and there shall be no f~~e or windstoim insurante placed on any of said buildings, any intcrest therein or part thereof, unlesa in the form and with the loss payable as cfarcsaid; and in the event any sum of money becorr+e~ pay~ble under such policy w polities ~aid MORTGAGEE shall heve the option to receive ancJ app!y the same on acco~nt o4 rhe indebted• ( ness secured hrreby or ro permit said MORTGAGORS ro receive and use it or any part thereof for c>fiicr purposes, w:~hout rhe.roy waivi~~g or ~mpol.• ' ing any equ~ty, (ien or r~ght under o~ by virtue of this mor•gage; and in thc eveM ta~d MbRTGAGORS shall tor any reason fail to icrep the said premis~s so inwred, or fail to deliver promFtly a~y of said pblicie~ of inaurance to said MORTGAGEE, or fa:l prompt~y to pay fully any pr¢mivm rherefor or in any j ~ tespect fail te p¢rform, discherge, execute, effett, compleTe, compty with and abide by thi~ tovenant, or any parf h~reaf, said MORTGAGEE may plate a~7d ~ pay for suth insvrance er any part thereof without waivinq ot a`fectinq any option, lien, equity, or ri9M under or by virt~e of this Mortgaye, snd the full amount u{ rach and every auch payment shbll be immcdiately due and payable and shall bear intereet irom the date lhereof until paid ai tha rate ot ~ nine per cent~m per anne~+n and togeth2r wirh such inTerest ahali be secured by the Cen of this mortgage. 4. To permit, tommit or suffer no waate, impsirmrnt or deterioration of eaid property or any part thereof. S. To pay sll end singular the cost~, cherges and expenses, including a reasonable attorneY"s fee and costs af abstract~ oF tit!e, incurred or paid at ~ any time by said MORTGAGF.E, betause or in the evtrnt of 1he faifure on the peri of the said MORTGAGOR to duly, promptly end f~lly pe.fonn, discharge. t rxecure, effect, complete, comply with and eb:de by eath and every• the stipula~ione, ag~eemenrs, conditions, and covenants oi Said piomifsory note and th~s mortgage any or eirhar, and sa~d costs, charges and expenses, each and every, ihall be immediately d~~e and payabte; whether or not rhere be notice d~ mand, attempt to cotlect or a~it pend~ng; and the tull amount of each end every such paymem shail b_ar interes~ trom the date thereof until paid at the rare of nine per tentum per annum; and all said coats, charg~s and expensea inturred or paid, tegether with s~ch in;erest, shall be aecured by the Iien of thi~ martgage. 6. Thet (a) in the event of any breach of thi~ Mortgage or defautt on !ha part of fhc MORTGAGOR, or (b) in the event any of aa;d sums of money ~ herein referred to be not promptly and fully paid within thirty (30) days nexi atrer the same severa!ly become d~e and payable, without demand or notice, or (t) in the event each and every the atipulations, agreemsnts, conditio~s and cavenants of sa;d promisso~y note and th~s morlgage any or e~ther are not + ~vly, promptly and fuHy perfor.ned, d scharged, ezecuted, effectcd, completed, tomplied with end abided Sy, tnen in elther or any wch event the said ag• ~ gregate s~m menrioned in said promissory note then remairting unpaid, with imerest accrued, and atl moneye secured hereby, shall oecome due and pay- ~ ab~e forthwith, or thereafrer, at the opt~on of said MC7RTGAGEE: as f~lly and completely as if all of the aaid sums of money were origineily sNpulated { to be pa!d on such day, anything in sa:d promi:sory note or ~n rhis Mongagz to the contrary notwifhstanding; and there~pon or thereafter a~ the op~~or. of ~ seid MORTGAGEE, withaut notice or demand, suit at law or in equiry, therefore or thereaiter begun, may be prosecuted a~ if rll moneya sec~red hereby ~ had matured pnor to nt instit~~tion. 7. That in the erent thas at tF.e beginning of or at any time pending any suit upon thls Mortgage, or to foreclose it, or to reform it, or !o enforce i payment of any claims hereunder, said MORiGAvEE shalf apply to the Court having jurisd~ction thereof for the appo~ntment of o Receiver, such Court :hall ~ forrhwith appoint a receivrt Of said mortgaged property all and Singuiar, includ~ng all and singular the inCOme, prof~t5, iss~es and tevenues frOm whatever + source deri•:ed, each and every of wh ch, it be~ng expressly ur,dersrood, is hereby mortyaged as if sp~c~ficafly set forth and described in fhe g~anring and } habendum davses hereof, artd such Rzceiver shall heve all fhe broad and effec±ive f~nct:ons and powers in anywlse entrusred by a Court to a Receiver, and ~ s4ch appointment shal! be made by wch Gourt as an admitted equity and a matter uf absol~te right ro said MOR7GAGEE, and without reference to the r.' adequac~ or inadequaty of the vatue of the prooerty martgaged or to rne soivency or 'rrtso!venty of said MORiGAGOR or 1lre defendants, and that such ~ renn, pro{its, income, iu~~es and rever.ues shall be applied by such Rece:ver according ~o the lien ~r equity of said MORTGAGEE end the practice of such E Courf. ~ ~ S. To duly, premptly and 'ully perform, discharge, execute, offect, complete, comply with and abide by each and every the stipu!ations, agreemenls, ~ conditions and covenants in sald promissory note and this mortgage set forth. ( i 9. That in the event the nwr.er:hip of the mortgaged premises, or any part thereof, oecomes vested in a person other than the MORIGAGOR, the MORTGAGEE, its s~ccessors and asslgns, may, withoui notice to tfie h10RTGAOR, deai with such suc<essvr or successor fn fnlereat wi:h rrterence to th~s ~ morrgagp and the debt hereby secured in tha same manner as with Mortgagor without in b~y way vitiating or discharging the Irtortgagors' liabitity here- ' under or upon the debt hereby aecu:ed. No aale of the prem~ses hereby moitgaged end no forbearance on thx part of the ~~10RTGAGEE or its wccessors ~ or assig~s and no exrertsion of the r:me for the paymem of the debt hereby sec~red given by the MORTGAGEE or its successors or assigns, ahall opeca!e ~ to release, d;scharge, modify change or affect the orig~nal liability of tne MORTGAGOR herein, 2ither in whole or in part. ! 10. It is specificaliy agreed that time is of the essence of this contract a~d that na waiver of any obligation hereundar or of fhe obtiga±ion se- i cured hereby shali a! any time rhereafter be held to be a waiver of the terms hereof or of the instrumem secured herby. j ! I l. !n add;t;o~ to the forego ~~q monih!y payments of princ pal a~d interest required by ihe piomissory no?e secured hereby, mortgagor covenanri i and agrees to pay to mortgagee v.ith each monthiy payment an addir'onal sum est~maied by morrgagee !o be equai to l, 12 of tha ann~al cos~ of tF~e folfow- j ir,~: ` t A-AI( real properry taxzs lev~ed o~ assessed agai~st thc above desvi6ed real estate. B-Premtvms on fire ar.d w[ndstorm insurarce as here~n requ~re~ to be ca~ried on the imprcveme~ts s~t~ate on t{~e above descr;bed premises. I C-Premi~n s en such mortgage gua~anty insurance as mortgagee shal; from t me to ti~ne deem fit ro Carry on the loan sCtured hereby. j h1ort9agee shail !rcm t~me to time notffy mortgago! in writing of the amo~•i! d~~ and payable here~ndar and sLCh su-n shall thereupon be due and , E payabie on iha d~e date of the nc•<t monthly payme^t and each s~ccessive month thereaftcr unt;l mcrtgayee sFa!I notlfy mort3agor of a char.ye in wch amo~nt. Such sums sF.ail be ap{~Ged by mortgagee toward the payment of real property taxes, insuranCe pre,~i;urc,s, and mortgage g~aranty insurunce ~ premiums, j IN 1hITNESS ' EREOF ihe aid MO TGAGOR has hereunto set his hand and xeal the day and year first atoresaid. ~ ~ i ~j,g~gd, Scal and e~v in t presen~e of: ~j' ' ' F \ ' ~//1~.L~- ~ ~ -'(Sea!) -_(5eel) i ~ _ - - - (Seal) ~ ~ - (5eal) ; STA7E OF FLORIDA - 1 ~ =f Sa ~nt I,iic~_e ~ ss. ' ~ _ COU!~TY OF ` Before me personally appeared ~ FZi9Rh?'tYl S. L~ehrig ~ 8; Wj.C~Qbr! _~d 7G~CX~e, to me wel( known and known to me to be ~ the indivi~ual described in and whQ e~eecvted tne foregoing insttument, and atknowledged before me that t~~~xecuted !he same for ihe purposes I 1 therein exp~essed. J43rdKtAfiY~id~-~~ , +~]~f~C EfJQ~eXtYd'i j~ . e7~S(~'i~776~1CX~e7(Ye1Q~Fa~3~'.a7ScK3¢~]kf~Cf}S'o~b~Qal~rXslGr7~qG~Cr~ii7t+iCk7~~[~SG~~C$~f1~fKr~~i~v7w~CXtXx~~XdSii87k~G~~ ~ j ~~CrDl3fDtDC~4t~'ttY.~6~7CI6~6~iIJfi~yCFu7Cs)fa7i-JS7i ~6XiifalE76fiCiF Pi~oX$$~ ! J 6~ ' WITNESS my hand and uf{icial sea4 this th day A. D. 19 ~ ~ _ - ~ _ ~ ~ / N tary Fublic in and for the State uf Flcri~e• et L~ge ; ! Return ro: ~)L'~D AND RE~CORDEGY My Commission expire : j , ~~ja~/8 ~ i First Federal Savings 8 Loan A.~1s0tiation Q d K Of fort P.erce. ~ • . _ . . { :f f ~f~n~ _ ; Fprt Pierce, Florlda ' , : . ' ~ - ' ` ' i +6~ yP : 5 9 . . . . . . : . _.,~~s7 - : - , ~ - ' ~ , ~ ; 9 ~r! ~r ~ . . ' . . ~ JL .v "R~ M~`~rCu`~r1•~' i~4J~~ i\ , V ~ f'Zt~ i\K • ' i ' ' .-i.Y~ ~ ~ ~7~. i..~7~'~E COUNTY, t ~ - , - ~"i:L~ R'i D A - c n : ~ . . ` _ _ . i . - o a ~2 ~ *i~, ~ g~~~ f ~~4 ~ ~ ~ ~ - _ _ _ _ _ _ - ~