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Home My WebLink About0738 - - - - 7~ ~ f ~ ' ~ i ' ~ ~ 3. To plac~ ~nd continuotisly k~ep on the building~ now Gr he•eafeer s~+vat~ on s~id land and on •il ~qu7pmM?f ~nd p~rsonally cov~rrd by thia mat¢ ( ap~, with ail prNnivms tMrwn paid in full, fi e insurance +n rhe usual stanaard policy fwm, ie ~ ium ~pprov~d by tfi~ MURTGAGEE, ~nd wind~torm i imw~nc~ in tM uiwl tt~ndard policy fwm, in •~~m approved by the MORTGAGEE, in s~ch coMpany o? compu~i„ as t!w MORTGAGEE rt+ay , i d4~ttj ~nd ill fi~~ ~~d wiedstorrn Inau~ance poi~c~es on any of sa~d b~iidinys, ~ny int~r~st tMnin or part therwf, in tF» ~pqreq~t~ sum ~fa~id or M uct~ iMr~of, thall tcnt~i~ th~ usu~l tt~ndard mortgagee clau~e or s~ch other ~la~se oa the Mort9ag~e m~y requih, m~rinq fM lou und~r ~aid poli~ tiaf, ~ach and ~wry, p~yabl~ to srd MORTGAGEE ai its interest may eppeac, and each and avery such policy ~hall be promptly au:qn~d ~nd dtlivtr~d tp . ~ny Mld by s~id MORTGAGEE as furthe~ aeturity ro said mo~tgage debt, and, not lesa then ten (10) day~ in advancs of the •xpiration of ~ach pOlity, to dr liwr ro~id NIOitTGAGEE ~ rtnew~l tM~aof, to9ethar w~ih A fCCCipf for the premium of such renewal; end then ~hall be rw fir~ or windsto!m insur~ne~ pl~c~d on any of said buiSdingi, •ny interest therein or part thereof, unless in the form and with ths foa~ pay~bl~ as afor~s~id; •nd In tht ewnt ~ny fum of morM?y batom~s p~y~blr w+dar sush policy or policies said MORTGAGEE shall have the optio~ to receiv~ and ~pply the same on acco~nt o/ tha ind~btsd~ ewu s~turad h~r~by or q ptrmit said MORTGAGORS to receive and use it or any part thereof for other purposes, w~thout therebd waivi~iq or ~mpair lnp any oq~ity, li~n w riqht undcr or by virtue of th~s mo:cgage; a~d in tM eveM said MORTGAGOR$ thall fw any nawn f~il to ka~p tM ~aid premiu~ ~o insured, ot fail to deliver promptly ~r~y of said polities of insUrance to said MORTGAGEE, or fail promptly to p~y fully any pr~mium iher~fw or in a~y nspect fail ro p~rform, discharye, ~xecute, effect, complete, comply with end ab+de by thia tovtrn+nt, or any part herwf, aid MORTGAGEE may plse~ and p~y for suth iraurrncs o~ ~ny part tMreof withou! wsiving or affetting any option, lien, puiry, or riflht und~r or by virtu~ of this Mortq~ye, and the full amoum of each ~r~d wery wch payment ahall be immediately due and peyable and ihail be~r interost from tFwi dat~ thereaf untfl paid et tt» ratt ot i nin~ per esnrum per ann~m and together with s~ch interest shall be secured by the lian of this morty~qf. t Yo permlt, eommit ot suffer no waste, irnpairment or deterioration of said property or eny part thereof. S. To pay all and sinyulu the cwtf, charges and expenses, in~luding a reaionable attorney's Fes arxl cwt~ of ~bftr~cfs of titls, incurr~d w paid ~t ~ny time by said MORTGAGEE, b~uvse w in the event of fhe fa~lure on rhe par~ of the said MORiGAGOR to duly, promptly ~nd f~tly perform, dt~charq~, txecute, effect, complel~, tomply wjth and eb;de by each and every the stipvlations, sgreements, tonditio~s, and town~n!~ of ~aid promiswry not~ ~nd 1hi• morty~y iny or rithe~, ~ntl iaid tosts, chargss and expenses, each end every, sh~ll be immediatety due and payabfe; whethtr or no9 th~rt be notice dr mand, ~tttmpt to toll~ct or suit p~nding; and the full amount of each ard every ~uch payment •hall bear intsn~t from tM dNS tMrwf ~nti! paid at th~ f r~te of nine per tsntum per annum; and all said costs, charges and expanses incurred w pai~, together with wch interNt, ~ha~l be iocur~d by thf li~n of thi~ ` mortqa~e• ` 6. That (a) in the event of any breach of this Mortgage or defa~lt on the part of the MORTGAGOR, or (b) in tM ~v~nt ~ny of ta~d tumt of money ~ her~in r~ferred to ba not promptly and fully paid withln rh~rty (30) days next after the same severally betom• du~ and payabl~, without d~m~nd or notit~, ~ ot (t) In ihe ~vent tath ~nd every the stipufations, agreements, cond~rions and covenants of ~a~d promissory note and thi~ mortye9t ~ny or •ither •re not ~ ~uly, promptly •nd fuliy performed, discharged, exetuted, effected, completed, complied with snd abided by, tl»n in eitFNr or •ny ~uch ~v~nt ih~ ~sid f flrsyat~ s~m rrNntioned in ~aid promissory note then remain~ng unpa~d, with interest accrued, and all moneys a~cursd, h~r~by, sh~li b~corn~ du~ •nd pay~ ~ ab~e forthwith, or thereaNer, at the option of said MORTGAGEE, as fully and completely as if all of fhe said surn~ of mon~y w~r~ oriqin~lly ~tipuiated ~o ba paid on s~ch day anythinq in said promissory nate o• in this Mortgaga to the contrery notwithitandi,iq; and th~nupon or fltiere~fttr H the optian of ~ t~id MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter beyun, may b~ prosetut~d 11s if all mon~ys iacur~d Mnby hed mNured priar to iri Institution. ` 7. That i~ the event that ~t the beginning of ot at any time pending any suit upon this Mortqaqe, or to forttlON It, ar fo nform It, or to enfor~ ~ payment of any claimi hereunder, said MORTGAGEE shali app;y to the Court having jur~sd~ction thereot for th~ appointm~nt of • R~teiv~r, wch Court shsll i forthwith appoint + receivsr of saifl mortgaged properry all and sing~!er, inc~ud~ng all and singular the incom~, ptofits, lssuo~ snd rev~nvef from what~v~r ; wurc~ deriv~d, each ~nd tvery of which, it being expressly unde:stood, is hereby mortgaged a• if ~pecifically set forth and daftribsd In thi qr~ntinq and I habendum clauses hereof, and such Receiver shall have al! tha broad and effxrive funct~ons and powera in anywite entrusted by ~ Covrt fQ s Receiv~r, •nd tuch eppaintment ~hall be made by such Court as an admi~red eq~ity and a matter of absolute right to said MORTGAGEE, •nd without ?~fennt~ to th~ f adequacy a inadpuacy of fhe vaiue of the property mortgaged or to the sorven:y or insolvency of ~~id MORTGAGOR or the def~ndann, •nd ihat tuch ' rentt, profits, income, is~uee snd revenues shal! be app!ied by such Receiver according to the lien or equity of wid MORTGAGEE ~nd th~ prattic~ of tuch i Court. i 8. To duly, promptly and fully perform, dischargo, execute, effect, complete, comply with and abide by eath artd every th~ ~tipulation~, ~yrMmtnt~, f co~ditions •nd tovenants in seid promtisory note and this mortgage set forrh. ' I 9. That in the event The ownership of the mortgaged premises, or bny part thereof, becomes vKted in a perwn other th~n 'M MORTGAGOR, th~ ~ MORTGAGEE, iri ~uccesson and assiqns, may, without noiice to the MORTGAOR, deal wlth such wtuuor or wcwtwr in inten~t with rtftr~ne~ to thi~ I mortq~pa •nd the debt hereby aecured in the same manner as with Mortgagor without in •ny way vitiatiny o? dixharqinq th~ Mortqayort' (i~bility h~rr ~ under w upon the debt heroby secored. No tale of the premises hereby mo~tgaged and no forbesrsnee on fM pan of th~ MOFTGAGEE or it~ iutteuors I or eisigns end no eztension of the time for the payment uf Phe deht hereby secured •given by the MORTGAGEE or its wcceuon or assipru, ahall operat~ ~ to rele~u, diicherpe, modify ch~nge or affect the origlnal liab~l;ty of the MORTGAGOR herain, either in whole or in part. ~ 10. It is spetificelly sgreed that time is of the essence of this contract end thet no waiver of any oblifletion h~rsunder or of th~ obliQalFon t~- i cured h~roby shall at any time thereafter be held ro be a waiver of the terms hereof or of the instrument ~ecund h~rby. ~ 11. In addition to the forego:~g monthly payments of princ'pal and interest requ~red by the promistory nore secured hereby, mortpagor C4wn~nt~ and agrees to pay to mortgagee with each monthly payr.:enf ar add~cional sum est~mated by mortga9ee to be eqwl to 1~12 of the annual co~t of th~ follow- ' ing: ~ A-Ail reel property taxes levied ar assessed dLJdi•151 th~ above desuibed real estate. j B-Premiuma on fire and windstorm insurar,ce as here~n r~qu;red ro be carried on the improvement~ situat~ on ths ~bova described p•ymi~q, ^ ~ C-Prem~ums on such mortgage guaranty i~~sura-,ce as morrgagee shait from r me ro time deem fit to urry on the loan setured hereby. Mortgagee ahall from time To time norify mcrtgagcr in wr~iing of the arr ou~t due and payable hereunder •nd wtfi ~um shell thereupon b~ dua and ~ payable on the due date of tFe next month!y payr,ent and each success;ve rr,onth thereaftor ur,til mortgagee eh~!I notify martgagor of ~ chang• in w~h j amou~t. Such sums shall be applied by mortgagee roward tiie naymenr of real property taxes, inturance prem;umi, end mort9spe yvar~nty insurent~ ; i premiuma. i iN WITNE55 WHEREOf, the said MORTGAGOR has Fereunto set his hand and sea~ the day en~ y~ar fir~t afore~aid. ~ Si r~ed, al~d and,~1 '~vered ' tha,p~ csence of: „ C~''. .t~ ~ e ~ ~ ~ - ' (Ssal) + ~5~~q ~ j - (Saal) ~ STATE OF fLORIDA 1 , ~ tOUNTY OF _5'$,;lII~--~~uCj. 8 j a ~ 1 Before me penonally appeared Edwin Cr• J@$88 end ~ H82~~ tTb~39 his wife, to me well known and knawn to me to be ' the individuals de:cribed in and wh~ exe.uted the faragoing instrument, and acknowtedged before me that they executed the same for the purposes therein expresaed. And the taid_ ~87.~1 J~sse 4 wife of the said ~~'+.(iv32'] ~'r~_1Ha$9 upon a aeparate end priwts ~ examination by me taken separate and apart from her said h aband, acknowledged fo end before me that ahe exec~ted said instrument freely end volun- terily end witho~t any compulsion, constroint, apprehens:_Q~ fear ot or from her said husband. WITNES5 my hend and otficial seal th~s day of ~uKU S t A. D. 19~ ~ i ~ ~ ; ~ ~ ~C~~ s ~ - Notary Public in end for the State of Fbrida at larp~ My ~ommisaion ezpire~OtBry PuGIiC, State ot F~orida 2t l.ar~;e Rrturm T6: ~ My Comm;ss.on Expires f:ov. 3, 1965 I firat Feder~l Ssvingt' d,. toaa. j4s~oGatipn Sonded by A(tl2ricatl Surety Co. Of N. Y. ~ 9}• Fp?J•,PiercB. M+.~ItiL ~b~ : ~ ~ y,~y~ry ~pt R C E'D Fbrt ~~tte.. Fbrida ' ~ ~ LE~ - p Q Q K ' • , ~ ~ i~\ • • ~ ~ . ' i; . ~ . ' ; _ . L~a ' ~ / E . . ` Ir Pi'~ ~ ~ 3~~ ~r ; ' ~,d: . ! ; ~ ~~~J _ ~ - , ` .l. r~~-(t: •~D/} . c: ~ , / E. ~ ~ ~ ~ 1 1 ~ ~ . ~ ( ' - ~ . ' ' `~l~ w r~ 7 , f . RpGER i'i3: i i~M~~. ~I..ERK _ , ~ ~ BdO~~~ ~ ST. tUCfE C~UNTY. . ~ FLORIDA ~ ~ ~ ~ ~ _ . ~ { - - ~ - .7~