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Home My WebLink About0221 3. To p{at~ snd continuousfy kaep on th~ bui!dings ncw or hereafter ~Hvate on said land and on sll eq~ipm~nt and perwnally covered by thif mortg- ' with all premiums tlxreon paid in full, fire inw~ence in fhe uwa: uandard policy form, in a su n s,~proved by the MOR(CoAGEE, ~nd windstorm ~ Ie'~wrane* in !M vw~l atsndard pofcy form, in a wm approvea by tha MORTGAGEE, in tuch company or tompanies as the MORTGAGEE ~y d'u~ct; and all fire and windstarm insu~anta polir.iet on any of said bvild+~t, a~y iMerest rheroin or p~rt sfiercof, in the aqg~eyate fum aftrtesaid a M~xcisa tMrwf, ~hatl tontain tFu ua~at standard~mo~tgagee c+ausa or ~uch o~her tl~use r• :ht Mortyagre may req~ire, makinq the lou under said polk c'ros, a~ch and ewry, paysbt~ ro said M4RTGAGEf aa it~ interrst may appear, and each and every such policy shall be prompHY sas 9ned sMi delivered to sny i+sld by said MORiGAGEE af further secu~ity to said mo:tga9~ debt, and, not leu than len (l~) daya in adv~nce of the eapiration of esch po~icy, to de- tivM fp said MbRTGAGEE a rMewal ihereof, togethm with' a rece~pf for the pramiu~n of svch rr~+ewal; and there shall be no fire or wi~d~to~m insursn<e pl~t~d on any of said b~ildings, any imerest therein or part thereof, ~rnless in the 4o~m and with tM Iosa payabte as eforssaid; and in the evanf any sum of mo+ry becomes payablt vnder such polity or policies uid MORTGAGEE shall heve the option ro receive and apply thR same on account of the indebted- neu ~ecvred hareby a fo perrnA said MJRTGAiORS tn reteiva and uaa it ar any pzrt thereof tor osh~,~. pur~:oses, w~tho~r th:•.o,r wa~v~~~~ ~r unpair- }ng any puity, (i~n w riyht undar w by virtue of fhis mo:tgsge; and in the evenr ta~d MORTGAGORS eha!I for any reason fail to k~ep the said p+emisei so ir+wred, or fait fo detiver promptly any ot said poliCies of insurance tn ta+d MORTGAGEE, or fail promptly to pay f~lly any premi~m therefor or in any r~spett fail w pe?form, disth~~ge, execute, effeCt, ~omplete, camply with and sbide by thi~ cave~ant, or any part he~eof, aaid MORTGAGEE may pl~ce and pay fa ~vch insv?ant~ oc ~ny part thereof without waivinq or affectiny any option, lien, equity, o~ right under or by virtue of this Mo~tgsge, snd ths full amounf of each ~nd every suth paymem shall ba ~mmediately due and peyable and sfia{1 bear interest from 1ho date thercof until paid ~t the rete oi nir~e prr centum par annum and togethcr with wch interesr shali br aecvred by the lien of thi~ martgage. 1. To permlt, commit w ~uffer no waate, impa~rment or deter~oration of said property or eny part theroof. 5. To pay ~1! and sinyu~ar the coafi, charges ~nd expenses, including a reasonable altorney'~ fce and costs of abstrods of tiNe, incurred or paid at aryy time by wid MORTGAGEE, betause or in thc event of ?hc failure on the part of the said MORTGAGOR to du1y, prompt~y s~d fufly p.rfarm, d~schergs, execute, e#fM, comPlete, comply w;th and ab;de by each and every ihe stipu~af+ons, agreements, conditions, and covenarts of sai~ promissory note end this mcxtgspe any ar eHher, a:+d said cos», cfisrga and expenses, each artd every, shatl be immediately due and payabie; whether or not tnere ix notite de mand, attempt Yo wllett w suit p~~ding; and the full amount of eath and e~cry !uch paymeM ahall bear interest from the date thereof until Qaid ~t th~ rate of nine per centum pcr annum; and all said m~ts, charyei snd expenses ir.cur~ed or paid, fagether w~th such interest, ihall be secured by the lien of thit matpaqe. • b. Yhat (e) in the event of any breach of thia Mortgage or default on Yhe part of the MORTGl+GOft, or (b) in the evtnt a~y oE sa~d sums of money herein referred to be no1 promptly and fully paid within fhirty (30) days next after the same severally become due and payable, without demsnd or notice, or (c) in the event eech and every the stip~latia++s, agreements, cendlt~ons and covenants u4 aa,d promissocy noie ancl th~s mortgage any or either are nat ~uly, promptly and fully performed, discharped, esecute~J, effected, cornpleted, complied w1~h and eb~ded 5y, then in e~ther or any such event the ~aid ap• pfegate sum mentioned in said promisaory nete then remaining unpaid, with interest acc~ved, and a~l moneys secured hereby, shall become due and pay- eble fortltwith, or thereaftxr, at the option of said MORTGAGEE, as fully and complete~y as if all of the said sums of money were o~igineily stipulatad to be p+~~d on euch day, anything i~ said prom~ssory note or in this Mortgage ro the contrery notwithstanding; and thereupon or ihereafter at the optipn of ~ said MORYGAGEE, wirho~t noti~e or demand, suit at law or in equ+ty, thereEore or ihereafter begun, may be prosecuted as if all moneys secured hereby h~d matured priw to its institution. 7. Thet in ths event that at the beginning o4 or at any time pending any suit upon this Mo>tgage, or to foreclose it, or to reform il, c~ to enforce payment of any daims hereunder, aaid MOR'fGAGEE she4l apply to the tourt fiaving jurisd~nion thereof for the apHOintment of a Rece~ver, such Court shall Forthw~th appoint a reteiver of said mortgaged ptoperty all and singular, includ~ng ail and singular fhe in<ame, p~ofits, issues and revenue~ from whatever tovrce derivel, each and every of which, it being expressty un6^rstood, is hereby morigaged as if specifically set fwth and deacribed in the granring and habendum tlauses hereof, and such Receiver ahall bave all the broad and eifecrive funcnons and powers in anywise entrusted by a Court to a Receiver, and ~ tuch sppointment shall be made by svch Court as an admitted equify and e matter af abselute Nght ro said MORTGAGEE, and wfrhout reference to the sdeyuacy w inadequacy of the valve of rhe property mortgaged o; to the so.vency or insolvency nf ea~d MOR:3AGOR or the defendants, and rhat such rer.ts, profits, income, iuues and revrnues shall be aFplied by tuch Receiver according tu the lien or equi:~ of said MORTGAGEE and the prectice of euch Govrt. B. To du!y. promptly and fully perform, d'+scharge, execute, effect, compSete, compiy with and abide by sach and every the stipulations, ac~reementa, conditions and covenanta in sa~d promissory note and this mortgage ser forth. 9. That i~ the event the owne~zhip af the mcrrgaged pre~nises, or any parr tF~ereof, becomes vested in a person other than the MORTGAGOR, the MOR7GAGEE, ita successors and assiqns, may, wi+hovt no`ice to ~he MORTGAbR, deal w~th s~ch succesxor or successor ~n interast with referente to this mortgege and the debt hereby secure3 in the sam~ manner as with Mortgagor without in any way vit~ating or discharging the Mortgagora' liability here- under or upon the debt hereby seu~•ed. No sale o' ihe ,r.rem~ses hc:eby mortgaged ar.d no forbeeran~e on the part of the MORTGAvEE or its successo~s or ass~gns and no extension of the time for the payment of the de6t hereby secured given by the :Y!ORTGAGEE or its wccess~rs or assigns, ahail operate ta release, discharge, modify thange or affect the orig;nal liao~irty of the MOR7GAGOR herein, either in whole or in part. 10. It is specifica~ly agreed that time is of the essence of this cor.tract and that no wa~ver of any obligat~on hereurrder or of the obligation se- et,red hereby sha!I at any time thereafter be held to F~e a waiver of rha terms hereot or of tfie instrvment secu~ed herby. 11. In add~tion to the !orego ng monrh!y paymenis of princ p31 and inrerest requ~red by the prom;ssery no!e secured he:eby, mortgagor eovenanis and agrees to pay tu morty~gee w'ith eath monthiy pay~:=.ent an add~tional sum ..~sr:mated by m.~rtgag~e ro be equa! to 1~" 12 of tne annua! cost cf the follow- ing: A-All real property taxa~ levie,a. or assessed agai~•~st th~ a~ove descri5ed ~ea1 estase. B-Premiums on fire and w~ndsrorm insuracce as herein req~~red ~o be czrried on ~h.~ im;:rovements situate c,n the above described pxemises. C-Premium~ on such mortgage quaranry in;urarce as mo~r~agee shall from t me to t~me deem fit to carry on the Ioan setured hereby. Mortgagee shal! from time to time notif~ mcrrgagor ~n viriting of the amo~nt due and payabk hereunder and such a~-n shali thereupon F:e due and payable on tne due date oi ?he n~~t me~ih'y payment and each s~ccessive month tnereai!sr ur.r.! rnortgagee sita': ~~.or,fy mortgagor of a change in such amoun!. Sucfi sums shall be app!ie~ ~y mortgagee toward the payment of real prcperty taxes, insvrance prem:ums, a:~d mortgage guaranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has he:eunto set his hand a~d seai rhe day and ear first aforesaid. ~ 5igned, led and elivered in the preaence of: ~ ~ ' (5ea1) - J` Iv6 (Seal) - , (5eaq - .iil°. ~~C. " ' i C1 ~ ~ ~C ?L~-Z~d~jSca!) STATE OP FLORiDA ~ 55. cou~rr oF ~ S.#'~.~~C i A ~ Befwe me penonat1y appearod ~eY'T~g~t~_.B ~.L1Y15 ~d Ai 7 Yl F+'.nri~~ j S W~f'A ~ and P p t r5e r$„ F.nn ~q,~n t~ Lu,~ Z 1 A ~'.2'LY'1_9 i his wife, to me well knov~n and known to me to be the ;ndividue~t deacribed in and who txatuted the fotegoing instrument, and atknowledged before me that they executed the same for the purposes therrin expressed. And the •aid Aileen G. Id~~e', th8 ~aid Ber.nh~rd _ B. ~nIIy~~~nt~ y~,}f~e-~~.i~-~,~(:~ll@ ~ I19~ wife af_t~t~s~id 8t~'3' ~ $ upen a separate ar,d priv~te ezamination by me taken separate and apart frortthefl'laid husban~ eckrtawled ed to and btfore me that ~,he~executed said i~srrument free~y and volun- tarily and w~thout any compula~on, <anstraint, apprehension~ fear of or from~e~I'laid husban*i$ , WITNESS my hand and offiual aeal this Q2 'y day of_ _.~l..y~ A. D. 19~ r ~ _ - Notary Pub - in and for the Statp of Floride at Lsrge My Commis:ion expire:: Return To: Fint fedqNf~~ hq~~ji Loan Association NOtdty Publ:~, State ot ~1ort8e aE C~'p1e • ~,1 Cemm ss'on Ezpir•_s , 6, 1967 ~~Ci e. Fl P.mzric~... N. Y, qa~~~~ ~,s•.. ,il ~ ~C0 ~O~C1Yd By ~ . • - ,fbft Pier ~p °'r r . , . 3j ~Tqq . = ,~OpK ;'~~°~~_si;,,~' , : ~ : C~ ~ _ r~ ~ ' . ~ ~ ts ; ~ - ~ ~ G _ 6S ~~~t P : s~ „ _ ,.x ` . j ~ e ~ ' • 02 _ ~ ~ ~ '',~~`v~~/v.^i?~~~~,, ~O~`1` y+•i ~f .':-~7~ j~~•~ ~ ~ , gT, Lu~ «a'~ ~'~~J S,•`.~ ~oU!'+1TY, •..,~~y ,~,;,$,,:'=t~', R10A F~- ~o~K 123 ~ ~19 : . , -