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Home My WebLink About0815 To plac~ ahd oonti~cwusly k~ep en rhe kwildinqs now or he: a~fter s~tuat~ o~ iatd I~d ~nd on ~!1 puipnwM ~nd peraen~liy wvwrd b'1~ lhir ?wa'1~ p~. wi11~ ~N premlunq NNr~dn paid in fuli. fire in~ur~nce+ in ti~~ vswl ttandard policy fone~, i~ a wm appraw~d by thr MC1RiGAGEE, Md wirdworm ww+r~q h? tM v~wl standard polky fam, i~ • ~um approvad by th~ Mf~tTGAGEE. 1~ wcl~ conK,any a ea+~niM af tM MORTCsA~iEE nwy t~tCtj ~r?d all H?~ ~nd wfndUwtin inwr~e~[e po'ic~os on any af urd bvildinps, any inMre?! t!»r~in or paH th~r~of, M tM adprp~h wn~ ~iw~wid or In e~cew tMr~of, sAsll contain tM wwl ~tandN~ mor~gape+ d~vs~ w such otlwr cla~ne as tM MortyaqN m+y npuin. nwYMrq IM Iws urnMr srid pelF . cla, ~acl~ a~d ~wry, p~yabl+ w ~aid INORTGAGEE as ~+s l~irereat mey ~pp~ar, ~nd e~ch ~~d w~ry tuch polity sholl b~ prampNy aa:prwd uid d~liwr~d ro any h~W by wid MiORiGAGfE ~s furdar kcwfry to si~~ mwrgag+ debt, ~nd, eat I~s~ tMn t~n l10) d~ys in ~dvanu of tha ~xpir~tion of Nch poliry. ro dr liv~ fo wid N10ktGAGEE ~ r~wal rh.nof, toqertur with a receipt fw the premivm of wch rs~ewalj and tMr~ ih~l! b~ no fih ~ wi~torm iMwa~u plac~d pt u~y of iaid buildinps, a~y i~ter~at tMr~i~ ut part rheraaf, unteu in rhs form end with tM lou p+~ysbi~ a~ afor~idj +rnd ie+ fM fvMt any wnn oi rtwMr b~tonMS p~yibN under wch polky a policies wid I"AORTGAGEE shall Mvs !1?~ optipn to repiv~ ~nd ~pply tM sarrh on ~ctov~t of tM kvd~bl~d~ nert fKUr~d Mr~by or to p~rmit faid MORTGAGORS ro receive and use it or any part tfiereof for other pwposn, without thtreby w+ivinq a impa3s- inp any rquity, li~n w riyAt ue~r a by vi~tu~ of this mor!gafle; and in tM ~~e~t asid lYWRTGAGdRS slull fq ~ny rwwn fa11 to kNp tFw Mid pramisp w 4aured. w fail fo d~liwr promptly any of said policies of i~sura~te ro sa~d ~ORTGAGEE, a fail prornptly te pay fvlly +rny prtmium fhK~for a in any ?sap~tt f~fl b pKform, dischsry~, e~c~cuq, effact, tompltro, tomply wirh and abide by this cov~n+nt. a ~ny part t~eof, uid MdRTGAGEE m~y pl~p anc! p~y fw wch imuraicr or u?y part tMrecf without waiv~ny w~ff.ctinp any optio~, lien. p:,itp. a riqht unclw o. by rirtw of this Mwt9ap~. and tlw tull ~nount of Nch +ntl ~wry ~uch p~ym~r+t alwll be immedi~roly dw ~r+d pay~blf and sh~U bssr intK~at from th+ da» M?~rwf until paid ~t tM ~at~ ol nin~ p~~ trntvm pK ar~num a»d togsther with iuth in~oreat shatt be secvrad by tha lia~n af thi~ ma+tq~g~. 1. To pamit, oommit w sufhr no wast~, impairment or detarioration of said prop~rty or any p~rt therwf. S. To pey d) and sinpular th~ ccxts, cMrges and expenses, indudiny a reasonsble attorney's fs~ and cwts of abstratf~ of tNl~, incurr~d w p~id N •ny tim~ by s~id MORTGAGEE, b~tavse or i~ the event cf the faiiure on the pen of tM ea+d MORTGAG(3R 1o duly, promptly ~nd fully pKfonn, diuMq~, execut~, ~ffec?, cwnplrt+, comply with and ~bide by each and every rhe stipulerions, a9reemenn, conditiona, ~rsd cownants of ~aid promluory not~ ~nd thN mortyap~ any ar aitl?er, and said cwts, chargea •nd expenies, eech and svery, ~MII b~ imme0iatsly dva and pay~bt~; wM~F?~r or not tl~er~ b~ notit~ d? m~nd, ammpt to coll~ei or wit prndi~; and tl+e fu!! amouM of each and evary such paymem shali bear int~e„t from tFw d~f~ tMrwf untll pald ~t iFw rste of ninf pl~r ~cntum p~r annum; and all aaid toats, charg~cs and expenses incurred or paid, fogether with iuch t~Ntwt, aMll be sKVnd by th~ tiM oi thu monpy~• 6. 'fMt in tM ev~nt of arty braach of this Mortqaye or defau!! on the part of the MORTGAGOR, or (b) in NN WH11 M~l Of N1d w~ru of rrwroy he-an ref~rrtd to b~ not promptly a~d fully paid within th~rty (30) days next after the same :everally becom~ dw and pey~bl~, without d~mand or notict, or in tM ~Vfnt fKFI ar+d every the stipulatians. agreements, conditions end covenenrs nf sa~d prom;uory eote ~nd th~s mortpaq~ ~ny w~lthK m nol ~vly, promptly and fully psrformed, distharqed, exec~ted, effected, completed, complird with •nd abided by, thM i~ titMr of any tuth ~vMt tM r+id p~ ' greqett sum mention~d in ssid promiuory note then remaining unpaid, wirh interest accrued, snd atl mon~yt Ncund. Mr~by, sMll b~cam~ dw and pay~ abla fwthwith, or tMrwfter, ~t the option o! said MORTGAGEE, es tully anct completely if all of the uid ~unn of rnon~y w~r~ orpirully ~tipvl~t~d to be paid ar suth dsy, anything in said promissory rcote or in this Mortgage to the contrary notwithstar+dinp; and t1+N~upon w th~naft~t ~t tM eption oi •aid MORTGAGEE, withovt notice or demand, suit at taw or in eGu~ty, therefore or tMreaftsr bry~a, nr~~ br proMCUt~d N if all moMyf NCUUrsd Mrsby ha0 matu~sd pria to ib ioalitution. 7. Thst in tM tvant that at ehe begin~ing of or at any tima pend;ng any avit upon thit Mortysq~, ot to fw'~CIoN if, or fo wfotm ft, or to Mforq payment of any cl~ims F~ereunder, faid MORTGAGEE shall apply to the Court having jurisdiction ther~o( for iFu~ eppoinfm~nt of ~ R~t*iv*t, tuth Co~rt fhNl forthwiih appoint e receivtr of ssi~! mortgaged property all and singuEar, includ~ng all and ~ingular ths incorM, profits, isiu~s ~nd rtwnwf from what~v~r eource derived, exh and Mwry o# which, it being expressly understood, is hereby mortgaged as if ipecifitalfy tet forfh rnd dt~erib~d in thi Qt~ntinQ and habendum cla~tes hereof, and such Receivar shaN have al! ihe bra~d and effective sunct~ona and powers in ~nywis~ ~ntrust~d by ~ Court tQ a R~uiv~r, •nd •uch appointment ~hall br made by such Court as an admittrd equity and a metter of absolute right to ~aid MpRTGAGEE, ~nd without r~f~nrx~ to th~ adequacy w insdequacy of the value of the properry mortgaged or to the sowency or insolvency of ~aid MORTGAGOR a tM dtf~ndanri, ~nd thst ~vch rents, profib, Incortie, is~uea and revenues ~hall be applied hy such Receiver according to the lien or equity of ~aid MORTGAGfE and ih~ pr~ttiq of tuch Courr. To duly, promptly and fully perform, discharge, execute, effett, compfete, compty with and abidt by liCI1 and ~very !h~ stipulation~, apre~m~nri, cond3tiona and coven~nts in ieid promissory note and th~s mortgage set forth, ' 9. That in ths evsnt the ownersh~p of the morrgeged premises, or any part thereof, becomes vest~d in a wroon other tMn the MORTGAGOR, th~ MORTGAt'sEE, fb auccetsan and assign~, may, withouf no~ice to the MORTGAOR, dea! with such tutts~sor or Wts~eswr in inter~~t with r~f~r~u tv thfs mortg~qa and the debr hereby ~ecvred in the same manner ae w~th Mortgagor withoW i~ eny way vitieting +or d~sch~r~inq tM Monyaport' li+~blliry herr under w upon tha dabt hereby seeured. No sale of the prem~ses hereby mortgaged and no fcrbesr~nt~ on the pan oi th~ MORTGAGEE or if~ sucts~tors or essi~ns and no aztension of the time fw the payment of the debt hereby secured given by tlfe MORTGAGEE or iri suttti~on or ai~iqne, ahall Op~rst~ ro relaase, dischatpe, modify thange or affect the orig~nal liab:liry af the MORTGAC,OR her~in, •ither in whole or in part. 10. It is apecil3cally agreed that time ia of the essence of this contr~ct and tnat no walv~r oi any oblig~tio~ hlr~urKl~r or of th~ ob1iQ~ltbn M• cur~d h~nby shali at any time thereafter be held to be a waiver of the terms hereof or of the in~trvment secv~ld F~erby. 11. In addition to the forego'ng monthty payments of princ paI and interest required by the promisiory nofe secured he.•eby, mortpagor wwnantt and agrees to pay to mortgagee with each manthly payr.~ent an add~:io~ai sum eslimated by mortgagee to be equal t0 1 f 12 of the annual toef of tM follow- ing: A-All real property tazes fevied or aasesscd a~a(~~st tne abave desaibed real esrate. 8-Premiums on fire and windsterm ins~rar.ce as here:n rcqu;red to be carried on the improvements aituate on tha •bove des[rib~d pnmi~es. C-Premiurne on such mortgage guaranty insurance as rnortgagee shal! from t%me to time deem fit to urry on the loan ~ecursd Mr~by. Mortgagee shall f~om time ta time not:~y ~nortgagcr ir, writ~ng of the amount due and payable hereundar and vxh tum ahall thenupon b~ du~ and payabte on the due date of rhe next monthly payment and each success;~z month thereafter until mortgagee thall notify mortgagor af • thany~ ln wch emount, 5vch sums shall be applied by mo:tgagee toward the payment of real prcperty taxes, inturanct premiumt, snd mortflepe ~uar~nty (nturanc~e premiums. SS REOF, the said MORTGAGOR as here~nto set his hand and seal the dey •nd yNr fir~f +foresaid. ad, ad d' red in e . ~ ~Ili, -~S~~t] - (S~~n ~ n - cs..n STATE OF FLORIDA 1 COUNTY OF Ll1C ~ 6 i ~ defwe mr perwnslly appeared - _ M. ~G U~ t~ g 3 1 A 8C~1L t~, -m~ -#ris-wifs5 to me well known and known to me to b~ the individualy deuribed in and who executed the toregoing instrument, and ecknowledged before me that the~ executed the same for the purpose~ Pherein expressed. ~1w~M~rsei~d_ -wrife ~i-f4~a-aid • -a~s~w~iwMiv?-Wjr~.fakMi~pKMS~~ ep~M 4vsrt~lxr~ssid *vebew~d- x1Riv~led ~o-emi-bekrro~ne ~rn~ snd pAv*hr 9e'd '~twt~!+t~ceevfed-itsi~i+eslsumerA ~freslr~n~wlwr 1KIWy~wi~1M1~ Y1~ ~ONI'l/~{1~f1~ ~0~1tk~iM.~7rl~IC~~'FCef"VF ~'f1l?10i~'f/Cf~/R~: L ~ ~ WITNE55 my hsaid end offitial seal thit day of__. A. D. )9__S~~_ ~ f ~ Notary Public ' rrd for the Stste of Fioridi et Lupo ,i.ti~:t~ 11f~ t~~r, My Commiu' ~xpir~s: Fint Fndlno~h~ Assqciaiion Nat~ry publtc, Stata of Florl~a at Largb OF F';/~1~6 ~ v My Comm:scion Exp res P.u~. 6, 1967 !_~~/1~y J:~' ~ Bondod By Rmer~can Sur~ty Ca. oJ Pl, Y. J ~pq~~7~~~~~ i ~ ~ . ~ Z'~_~•,'.. ~l , ~~Tt! ROED ~ ~ • = F1~ Qi , ; A .t;~ ; : 'r~ ~ICi81--- B 0 0 K _ . U~, LtG : t;, ~ ~j.~Q~i i, . ^ . ~ ~ ,•~t~~` .i~~,. .~,ti~.~tiy" ' • ~ ~ ~ » i ; ~e. . ~!~h~u~,~~,~ '65 6 PM 3 • a : : ~ . ~ •~i;e~t~ ~ ~r7~~ ~ d+{~ . - - . _ . ~ ~ 2... 6y ~,ir~ ,y+. . R ~ t Ra'.~J~.it t'.~1 j i<r;J~ K , t~ S7. LUCiE COUNTY. z~,r3 FLOFtIDA . ' ~ - - > ~ir/ A~ i t ' ' . . ` ~ ~ _ _ - _ . r.