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Home My WebLink About1084 ~ To plan ~nd continuously kee~p on the buildinys now or h~reah~r ~ituata on s~id lu~d a~ o~ all equipm~nt ~nd penonalfy mvared by this enor/Q~ p~, with all pr~mi~ma thereon paid in full, fire in~uranc• in tht u~ual ~tarda•d Fwlicy form, in • sum ap~ov~d by tM MORrGAGEE, +nd v~:r+d~torm inawancv ln fM wwl standard pol~ry iwm, in ~ ium epproved by the MORTGAGEE, in tuch comp~ny w tomp~~~es as tl+~ MORTGAGEE may dinctj ~nd •II firt •nd wind~torm insurante polities on ~ny of iaid build~ny~, •ny intk~sY there~n or parl thsrtaf, in the aqgre9a?e ium afwr~aid w in ~~et~u th~~~of, ~hall tontafn tha ~sual ~tandard mortga9ee clau~e or wch other elauss ~s fM Matq~y~s may raqui~~, m~kinq the losi undar sa~d polF ci~s, Nch ~nd ~v~ry, payable to wid MORTGAGEE a~ ~t~ intereil may appaa±, snd each a~d every w:h poiicy .hall ba promptly as~:q~ed and deliversd ~o ~ny Inld by sa~d A10RTGA~EE ~s funher ieeurity to s~id mortgaqa debt, and, not I~u ?Mn Nn (10) dsy~ in advance of tha expiration of each policy, to dr liwr fo Mid Ml7RTGAGEE • rtarw~l 1Mrwf, togetha with t reteipt for the prami~m of fuch rrrwewa!; and thero ~hall be no fire or windstorm insunnt~ plaad on any of uid buildinq~, any intereat tFMre~n or part thereof, unfess in the form and with the Ios~ payable as aforesaid; and in the avent a~y sum of moMy bacomes pay~ble under wch polity or policies ssid MORTGAGEE shall havo rM option to receive end apply the sama on sccount of rhe indebted- ana ~ttur~d Mr~by o? to permit aaid MORTGAGORS to reteive ~nd use it or sny part thereof for other pwposes: wiihout th~reb~ waivi:ig or ~mpair- irq iny puity, ~i~n ar riqht under or by viAUr of this mortqaqe; ~nd in tM ~vent said MORTGAGORS shall for ~ny reaw~ fai~ to krep the said prernise• ao iniund, ~ f~Il fo d~l{v~? prcxnptly any of said polieies of insurance to taid MORTGAGEE, ot fail promptly to pay fully any premium therefoi or in any n~p~cf fsil w p~.fwm, dischar9e, executa, ~fferf, canplete, comply with and abide by thii covenant, a sny part hareof, said MORTGAGEE may place and pay fw ~uch iequr~ o~ any p~et th~reaf without w~iviny or affstiinq any option, lisn, puity, or right und~r a by virlue of thia Mortgaqe, end the full an+ount of ~+rth aMd ~wry ~uth paymeM ~hall 6t imma+distely dw ~nd p~yabla •nd ~hall lr~ar interest from tl» dat~ thereof until pa~d at the rsts oi nen~ psr tanfum pK anoum arx! together with tuch interest shall be secured by ths li~n of this mortgsge. 4. To ptrmit, tbmmit or auffer no wast~, impairment w deteriorstion of said property w sny part theroof. ' 5. To pay all am! sirpular the cwts, charges end expenses, indudiny a rea~anable attorney'i fee and costs of abatrocts of title, incurred or oaid at ~ny time by uid MORTGAGEE, becavss or in the event of the failure on the pan of the aaid MORTGAGOR to duly, promptly and fully perform, d~scharg~, ~x~cut~, ~fieet, tomplet~, camply with and •bide by eech and every the stipul~tions, aqreements, conditions, and tovenants of said promissory note and thii mortpsps any w either, and said costt, charges end expenses, each and every, shall be immediately due and payeble; whether or not there be not~ce do- mar~d, aHsmpt to collect or suit pending; and the ful) amount of eech end every such payment shall bear interest from the dete thereo4 until paid et the rots of nine per centum per ennum; and all ~aid coitt, charges a~d expenses irxurred or paid, together with suth internt, shall be secured by the lien of thii mort9+y~• 6. That (a} in the eveni of sny breach of this Mcrtgage or default on the part of the MORTGAGOR, or (b) in the event sny of said turni of monay hsrein referrsd to be not promptly and fully paid within thirty (30) days next after the same se~erally betome due end payable, without demsnd or nctice, or In the event eath and every the stipulations, agreements, conditions and covenants of ~a~d promissory note and th~s mortgoge any or either era not ~uly, promptly and fulfy performed, d~scharged, execured, effetted, completed, compl~ed with s~d abided Sy, then in either or any such event the ssid prepate sum mentioned in said promissory note then remaining unpaid, with intereat accruec~, and alf moneya aetured hereby, ihall foetome due and pay eble forthwith, or thereaftar, at the optio~ of said MORTGAGEE, as fully end completely as if all of the said surty of money were originally st~pulated W be paid on such day, anything in sald promissory note or in this Mortgage to the contrary notwithatanding; and thereupon or theraefter at the option of f~id MORTGAGEE, wiihout ~o~ice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted ss if •~1 moneys tecurrd hereby had mat~red prior to its i~st~tution. 7. That in fhs ~vant that at the beginning of or at any time pending any auit upon thii Morigage, or to toreclose it, or to reform it, er to enforc~ payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jvrisd~ction theraof for the appointment of • Receiver, iuch Court shail forthwith sppoint a receiver of sai~ mortgaged property all and singuler, includ~ng al~ and singular the intome, profi~s, issue~ and re•:enves from whatever wurce derived, each snd every o which, it being expressly understood, is hereby mortgaged as if spec~fically set forth and dettribed in the yranting and hsbendum clauses hereof, and sucF Receiver shall have all the broad and effective funct~ons and powcr~ in anywise entruated by a Court to a Receiver, end ~uch eppolntment shall be made by such Court as sn admitted equity and a matter of ebsoluie righi to said MORTGAGEE, and withoui raference to the ~dequaty or inadequacy o4 the value of the property mortyaged or to the rolvency or insolvency of said MORfGAGOR or the defendants, and that such rents, profits, income, iasues and revenues shall be applied by such Receiver atcordin9 ro ihe lier or equity of srd MORTGAGEE and the prattica ofi .uch . Court. 8. To duly, prompt~y and fully perform, discharge, execute, effect, complete, comply with and abide by each snd evsry ihe stipulations, agreements, conditiona and covenants in sefd promissory note end this mortgage sef forth. 9. That in the event tha ownership of the mortgaged premises, or any part thereof, becomes vestrd in a person other than the MORTGAGOR, the MORTGAGEE, its :uccessors and aesigns, may, withaut no~ice to the MORTGAOR, deal with such auccessor or wccesaor in interest with ~eference to rhis mortg~ye and the debt hereby secured in the same manner as with Mortgagor v,rithout in eny way vitiating or dixhargi• i the Mortflagora' liability here- under or upon the debt hereBy secureci. No iate of the prem~ses hereby mortgaged end no iorbearance on the part o[ the MORTGAGEE or its successors or etsigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successor~ or assigns, shail ope:ats to relr.ase, discherge, modify change or affect the origfnal liab~l~ty of tha MORiGAGOR herein, either in whole or in p~rt. 10. It ia specifically agrerd that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligetion se- cured hereby sh~ll at any time thereaftrr be held ta be a waiver of the terms hereof or of ihe instrument secured herby. 11. In add~tion to fhe forago:ng monthly paymanis of princ'pal and interest required by the promissory no!e secured hereby, martgagor cnvenanta and agrees to pay to mortgagee with eath monthly payment an addirional sum estimated by mortgagee to be equa{ to 1/12 of the annual cost of the follow- ~ ing: A-Ail real property taxes levied or assessed against the above described real estate. B-Premiums on fire and windsrorm inwrar.ce as herein requ~red to be carried on tha improvements iituate on the above described premi~es. C-Prerni~mt on auch mortgage guaranty insurance as mortyagee shall f~om t~me to time deem fit to carry on the (oan secured hereby. Mortgagee shall f~om time to time notify mongagor in writ~ng of the amount due and payable hereunder and such s~,m shall thereupon bc due and payable on the due date of rhe next monthiy payment and each successive mo~th thereafser until martgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurence prem;ums, and mortgage puaronty inaurar,ce premiums. IN WITNE55 WHEREOF, the sa:d MORTGAGOR has hereunto set his hand and seal the day and yesr firtt aforesaid. ~ SEpned, Seeled end ~ ~n the presence of: ~ - ~~Q~~'p - (Seaq ~ ~ - ~ - (Sasl) iy~. ( al) - - - (Seal) STATE OF fLORIDA 55. COUNTY OF ~H~II~.~Q____._ I eefo?e n» pe..o~,.uy sppeared Lts~y_d.._'Y'ayl r _ a~d ~:1 A~~Zd9 F~ TR~Ol~ _ his wiie, to me well known and known io me to bs the individuais described in and who executed the foregoing instrument, and acknowledged before me that they exetuted the same for the purposes lherein expressed. And the ~aid nti ~ t~9 TA~1 07'~ wife of the said 1~, Do~ TgT lbr upon e sep~rste and private examinsti~n by mt take~ separote andf apari from her seid husbend, aeknowledged to and before me that she exewted said instrument freely and volurn tarily •nd withou! any compulsion, constraint, epprehension, or fear of o? from her said husbanrl. WI7NES5 my hand snd official wal thia ~Z day of ~1~11=3 t A. D. S9~_ FiL A D RE~~9RDED ' ~ t~, ~ 0 O K otary Public in and for the 5tate of Floride at Large ~ My Commisaiah axp~res: 'Retyrf~.To: C~'r~ Ffnt- fedaral Swvi~qs ~"ioaq~awc f~ot?ry Pu!-1iC. St''~ oF Floridd Tt l~?ne - ~i~ ~.~y Commiss.on ~xr res ~?~arcn 18, 190$ Of. Fert P~ar 0~7 • ~ _ ~ Z ~cnoe~ ~y kmer,can ~ur:ry Co. oS N..Y. - - Fort PierC~. Flwida ~ e7 : t ,t' , . : f , . ` 1, , . ' ROCif=;-; ~ r,~~~~ f ~ ~`1 , ~ n'r15, CLERE( _ . ST. LUCI~ COUN7Y, - ~ , - ~ ~ FLORID . A , _ ; . . , - ~ . ~ • , , ~ , ' ~ ~ •'y o R ~.24 ~ 485 . ~ BOOK ~ ~ - - . ~ ~ . ~ i_ ~r1 - _ ~ ~ ~ -