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Home My WebLink About0517 3. to pl+a ~nd ca+tMwous~Y kNP on the b~ildinp~ naw w Mr~~htr s~waa o~ said lahd snd a+ ~II puiprw+nt ~d p~nau~ly cov+e~d bY tf~i+ n+ort~ wi1i~ ~it pnmlwns tMrea+ paid i~ full. fir~ {nsuranu in the usual st~rdard polkY ~m. M a tum apprawd by th~ lNORTGAGEE, and wfnd~torm Mwraeo~ {n tM wwl ~tand~rd pol~ty fwr~+. in a ium spproved by ths MORTGAGEE, in wth cornpanY a ca"W^i+s a tM MORY~'AGEE m+y dMee~o and d1 fk~ ~nd wind~to~m imuraneo policies on ~ny of :sid bulidinpa, any fnhrtit tMrrie~ or prrt th~+of, in tM aqprp~~~ wm ~fw~said a In ~xea~ ?h~of. dwll contsin tM wwl standa~d murrgagee clsuse or ~uch otiw clws~ a rh~ Nlortqaqe~ m~y nquin, m~klnp N+e las+ i+^ei~~ ~id P°~~ tia, w~h ~nd ~v~ry, P~Y~~ b w~ ~RTGAGEE a~ its interest may appear, a~ ~ach and ~very wcb policy ~MU b~ pcomptly ast~yn~d ~nd d~l{wt~d ~o ,~ny h~Id b~ wid MORTGAGEE as furtMt s+turity to s~id mortgage debt, and, not less ~hsn ta? (10) days in advar+c~ nf tM ~xpir~tion of e~th polky, N dr hwn fo NW Nl~ORTGAGfE • rseNwal the~wf, tog~tMr with e receipt for the prsmivm of such r~newal; •nd tMr~ ~helt b~ no fin or wl~dstam inaur~r~c~ pl~ced on ~rnr of s~id bulldlnQ~, any intsnst tl»roin w part thereof, un~eu in th~ form and with tM lost psy+bt~ as ifa~said~ snd In fM ew~nt ~r+p wrn pf moexy b~ton~ p~rabl~ und~r such poliey o? poli<i~s ssid MORTGAGEE shall have ths option to r~t~iv~ ~nd ~pply th~ ~ame on +aa+m of tM ind~bt~d- n~aa wcur~d I+K~by a w p~?mit a~id MORTGAGORS Io receive ~nd use it or any part tMreof fw othet~ purpwes, wirhout tl~areby waiviny a impair- kq any puiry, Ii~n w ripht under w by vlrtw of this morryaye; ~nd in the ~vent said MORTGAGORS ~MII for ~hy rwson fail to ka~p tF» aaid prsn+ise~ w kaund, or f~il fo deliwr promptly ~~y of said pol+cies of in~uranc~ to ~a1d MORTGAGEE, ar fail promptly ro pay fully any pr~mium th~r~fw a in ~ny ~p~ct f~il b p~rfonn, d~?cMrya, ~x~cvte, ~ffect, canpl~?e, comply wirh a„d abids by this oov~+wnt, or ~ny part htnof, sald MORTGAGEE n+ay pl~c~ ~nd paY fa ~ucfi Irawants or any put thareof without w~ivinq w affectinp a~y option, li~n, equity, w riqht unda or by virtw of this Mortqp~. ~nd the fvll arnow~t of ~ati~ ~nd ~w?y weh p~ym~nt tMll ba immediately dua ~nd payable ~nd aMll b~ar inMr~st hom tiM daN tMr~of untll paid at th~ rat~ ot nint p~r antum p~r ~nnum ~nd top~~Mr with tuch interest shall be sacvred by tM lien of thii nwrt9~e. 4. To pNmit, tanmit or wffN no wast~, iropairment or detcriorotion of said property or sny pan thereof. S. To p~y •II u?d ti~pulp tF~ cosb, clwryn snd ezpenses, includinq a reasonable ~nw~ey'~ fe~ and cotri of absh+tts of titl+, intvn~d or p~id ~t any time by wid MORTGAGEE, b~cau~e w in the avant of tha failure on tha part of tM said MORTGAGOR ro dulY~ pn>n+ptly ~nd fvlly p~rform, di~ch+rq~, rxecvt~. ~ffM, compl~ts, con+ply with +nd +bide by each and every the stipul+tiona, aqreeman», co~ditions, and CowMnri of uid promissory not~ ~nd thii mwtqp~ ~ny or ai~Mr, ~nd ~sid cw», charyei and expenses, each a~d overy, shall b~ immediately due and payable; whetF»r or not tl?~n b~ notiu dr rtund, ~ttempt to toll~tt or wii pendinp; and the ful) amaunt of each and evary such payment shall bear in»r~st from tM d~te th~rwf until patd ~t th~ ?et~ oi nin~ pir c~ntum par annum; ~nd sU wid costs, charges and expensas incurred or paid, topether with auch int~rNt, ~MII b~ sttur~d by tM li~r? of thi~ ~'~0~• 6. TMt in the event of any breach of this Mortgage or default on the part of the MOR'fGAGOR, ot (b) in tM ~v~~f ~ny of fatd surru of morny her~in r~fensd to bs nof pror.~ptly ind fully paid within thirty (30) days next after the same uve~ally becom~ dua ~nd p~y+ble, wifhout dfmand or notic~, w(~ ~n fM ~wM Nch and trery the stipvtetions, sgreement~, conditions and covenants of aid pramiuory notr rr?d tfiit mortp~q~ ~ny or tith~r ar~ not ~ly, promptly and fuHy pKfamsd, discharged, executed, effected, compfeted, complied with snd ab+ded by, th~n i~ ~i1Mr w+~y ~~ch ~wnt tM s~id ap~ prpat~ tum mNetipn~d in uid promiuory note then remaining unpaid, wirh interest actrued, and all mOnay~ aKUr~d. hereby, fhall b~torn~ dw and p~y~ ~ble forthwith, w tMrtafta, at the option of said MORTGAGEE, as fully and tompletely as if all of the said tw~s of mon~y w~re apfn~lty sfipul~t~d to be paid on tuth day, snyThlrp in seid promiuory ~ote or in this Mortgage to the contrary notwithstandiny; and tl?rrippon or tMRrrahrr at tM option of t~id MOATGAGEE, without notit~ or demand, iuit at law or in equity, therefore or fhsreefeer btgun, inar b~ prowcut~d u if all mon~yt Neund Mnby had rrar~nd prlw to e» Inatitvrion. 7. That in tM rvtnt 1F+af at the be9inning af or at any time pending any suit upon th~s Monyaq~, ot to fo?*dou It, w io r~form It, or to ~nforp payment of any d~im~ h~nunder, said MdRTGAGEE shall apply to the Court hav~ng jurisd;ction thrreof for th~ appointm~nt of • R~ceivK, wch CouR ~hall forthwith appoiM • nceive~ of ssi~ mortqa9ed property a!~ and singular, includ:ng alI and aingulsr the incom~, Qrofiti, is~ues +nd rtv~nws from what~v~r wuru derivtd, ~ach ~nd ever~ o which, it being ezpressly understood, is hereby mortgaqed as if ~petif~ully pt forth and descr~bed in NN qrantinq •~d habendum cl~u~es her~of, ~nd wth Reteiver ihall havz all the broad and effec!ive funct~ons and powers in anywi~a ~ntrustsd by ~ Go~rt tp a R~c~lv~r, and •uch sppotntrmM ahal) t» m~de by such Court a~ an sdmitted equity and a matter of absotute rigM to faid MORTGAGEE, ~nd wi:hout r~fennt~ to thi ad~quuy a inadequxy of the velue of the property mortgaged or to the soivency or insolvar?cy of sud MORTGAGOR ar th~ daf~ndanq, and th~t suth rtnh, profits, income, i~tvo~ snd re~enuea shall be applied by such Reteiver according to the lien or equity of uid MORTGAGEE and the p~sttic~ of ~~ch COUrt. 8. To dvly, promptly snd fuily pe?form, discharge, executa, effett, complete, comply with and abide by each •nd ~very the stipulation~, sqr~tmen», to~ditiom and covensnti i~ ~eid promissory note and thts mortgage set forth. ' 9. That in the tvertt the ownership of tha mortgeged premisee, or any part thereof, betome~ vssttd in a perwn other fh~n tl+~ MORTGAGOR, th~ MORTGAGEE, iri iutcetson and aseiqns, may, witho~t notice to the MORTGAOR, deel with ~uch sucustw or Nits~ssor in interait with refer~nq to thi• mortg~ye ~~d the debt hereby utured in the same mannpr aa with Mortgagor without in any way vitiati~q w.diuh~r~iny tha Mottqaqort' Itsbility h~r? under a upon th~ debt hereby secured. No sale of the premises hereby mortgaged and no fwbesrsnte on tht pan of t1» MORTGAGEE or lt~ tucteuon or attiyns and no extension of the time for the payment of tne debt hereby secured given by the MORTGAGEE or ita succss~or~ or auipru, chall Op~rat~ to r~lease, diuMrpe, modify change ot affect the original Iiability oi the MORTGAGOR herein, either in whole or in part. 10. It is spec~fically eyreed that time ia of the essence of thia contract end that ~o wsiver of sny oblifletion fier~under or of fh~ oblip~tiOn ~e- tvrld Mroby ~hall st any time thereafter be held to be a waiver of the termt hereof or of the inatrument tecur~d F?~rby. 11. In addition to the forego;~r; monthly payments of princ pal and interest reauired by the p~omisaory note secured hereby, mortpagor tov~nanit end aflraes to p~y to mortqaqre with each monthly psyr~ient an add:rionaf sum estimated by rr~ortgagee ta be equ~l to 1/14 of the annual to~t of the fOllow- inq: . A-All real property taxe~ levied or assessed against thc above described real estate. B-Premi~ma on fire and windsrorm insura~ce as herein requ~red to be carried on the improvementt situets on the ~bove describtd pr~miw~. C-Prrmiums~on tu~h mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on tfie loan ~ec~rea hsroby. Mortqaqee thafl from time to time notify mortgagor in writ~ng of the amaunt due and ~ayable hereunder and tuth tum ~h~ll theraupon bs dve and payable on the due date of the next monthly payment and each successive mor.th thereafter until mortgagte shall notify morfgagor of e thanp~ tn ~uch smount. Such sums thall be +pplied by mortgagee toward tha payment of real croperty taxes, insurance prem;ums, and mortqaqe puaranty Insurance premiums. IN WITNE55 W REOF, the uid FAORTGAG~R has hereunto set his hand and seal the day and year fint aforosaid. 5 , Sir~l nd d i snce of: ~ ~ry ~~3`i~~2~-P/l[ - - - ~81) •q • ~S.al) STATE OF FLORIDA ~ couNnr o~ 3aint Luai e i sef«e ~„e psrsonally appearod J~ P~ Jensen, a_ ~rridoiasr ~r 1ti!'w~fl, to me we~l known and knuwn to me ta be ths individua deicribed in snd who execused the foregoing instrument, md acknowledged before me that~y executed the tame tor the purposes fherein expressed. /tfd yiw •sa1tH - wMdrof'14tR ~Itl b~ $ ~"^d'~~'~' ~mi~tiw? i~riwrt~lw~rs~p~r~te ~nr-~pe~t~r~w? i~e? ea4d-lwebaa~s ~~icwawled~ed-t~ wtii ~~riwrti~e? ~++~wt+~s~ii inwwr~S.~frwtr.w~ +u~i~+r 1~rilr ~ni ~rwi+sof ~w~oiwnp~l~iaw.-eo~wh~iw?r +'F~I+~'~!~~ ~ eF~w ~w+~firr-~wi WITNESS my hsnr! snd offkiel aeef thi ~ day of A. D. 19 v . ~ s . Notary Public in snd for 4he Stste of Florids at i.arp~ ~ ~ My Cammission expirss: _ Return To: Firtt F~dMd S~1Mi0if~t•;~ar~ Auocistion .~~.z re.l S':',TE cf fLOftIDA at lAR~6 ~'~~'~rpy.~~~y~r~" ' Y ~~~ti,,,,:~,..,,, , . i ~S NJV. 29, 1968 - ~ ~jSJC.~. ~~i_ ~ ~ ~~~ia. ` _ . _ - G~ESTE6MORST ~ ~~,'~a . • ; .,~s'`''~''.,~~ . ' , • . • ; . a, Y~,. , r-, " • • • • J, .1 ; , ; : ~ ~ ~ ~ ~ ~,=.6 ~r. ' .~ti. ~ d. /[~J+ , ~ ' F~I~I~'~~ 0 ~RD ff D • •4 ? ~ J Y•1 • ~ ~ ' r .c~,~~ ~ ti;~ ' ~ i r~._ ____.DOOK . , ~.I~VE Llr' ~ ~ - ' ~ ~ '6~ » . . . JUl 3 0 PM 3 . I . : a,,;;; 1.3`~ f~~) - BOOK123 ~1~ ° ~GT rl.UCfE COUNTYRK • . . yuC~ _ - - - - ` - _--_--~._F ~ ~ '