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Home My WebLink About1129 . ti '4S~ ' ~ ~r~ ~1 t,r ~ C" ' ~ > : To piac~ •nd contin~ovdy ke~p an rhe buildings now or hereaftwr ~itwt~ an s~id Isnd ~nd on al? equipmMt ~~d ~non~~~Y cowr~d by this mw1q~ p~, with ~II prtmiums fh~r~on paid in full, fire insuronce in the usual ftandard policy fwm, in a sum apptowd by tha MGRTGAGEE, Md wiodstam fnsuranc~ In th~ uswl fundard pol~cy fo~m, in a~um epproved by ~he MORTGAGEE, in such company or ea++p~ni~~ ~i tM MORTCr~?GEE may dincfj ~nd etl fir• •nd windstorm insurante policies on any of ~aid bvildings, any interrst tharein o~ pa~t thereof, in rM aqyreyat~ tum ~ia~~+id o~ M~xcys~ thehof, shall tor~t~in the usual ita~dard mortge~ea clsu~e or suth other clause a~ the Mwtyagee m~y rtquire, makiny the loss unda~ sa~d po1F ci~~, ~ach ~nd ~very, payeble to said MORTGAGEE as its inTerest may appe~r, and each and every such policy ~hall be promptly a~s'9ned ahd delivered to ~ny h~ld by w~d MORTGAGEE at furtMr seturity to said mortga9e debt, and, not I~u than tan (10) dayt in adve~ce of the ezpiraiion of each polity, to dr liwr to t~kl MORTGAGEE a r~~ewal fMreof, toqelMr with a receipt for the phmium of tuth ran~wal; ~nd then shall be no fire or winds~orm insunnt~ pl~t~d on ?ny of said b~ildi~ps, any interett iharein or part thereof, unless in the form and with Ih~ loss pay+ble as eforesaid; and in the event any sum of money becomas p~yable ~r~ such policy or pol~ciea said MORTGAGEE •hall hav~ the option to receive and apply the aeme on account of the indebted- nea ~ecured hsreby ot to psrmit said MORTGAGOR$ ro receive and ute it or any part the~eof for other purpoaes, wi~hout therro~ wai~i:ig o~ ~mpeir- Inq any ~quity, li~ or riyht under or by virtw of thi~ morlqa9e; ~nd in ths •vent uid MORTGAGORS shall for my reason fail to keep the aaid premisei so Imur~d, or f~ll fo deliver promptly any of said pe~lities o4 insuranca to seid MORTGAGEE, w fai~ promptly to pay ful{y any premium tMrefor or in a~y ~Mp~ct fail to pKform, distharpe, exttuf~, ~ffetl, compl~te, comply with ~nd abide by this tovenant, a any part he~eof, said MORTGAGEE may p~+ce and , p~y iw ~uch irourance ot any part fhereof without waivir+g or affactirp ~ny option, li~n, equiiy, ot riqht und~+ a by virtw of this Mwtyaqe, ~nd the full ~movnt of tach a+d ewry such psym~nt sha~l be immcdi~tely dua ind payabt~ •nd ~hall be+r intere:t from tM date ~hereof umil pa~d at the rate oi nin~ per pntum par ennum and together with ~uch interQSr shall oe secured by the li~n of thi~ mort9afl~. To p~tmit, tommit or suHer no waste, impsirment or deterioration of said property or any part thereof. S. To pey all and siny~u~ar the costa, charges and expenscs, ir~cluding a reasonable attorney'a fee and costs of sbstrocts af title, incurred or paid e< any time by uid MORTGAGEE, becauae or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully parform, d~acharge, ~xecvt~, effect, complete, tomply with and sb:de by each and every the stipvletions, igreements, conditions, and cove~antt of •aid promissory note and thi• morty~9e ~ny w~ither, ~nd iaid cosh, charges and expenses: each and e~ery, shal~ ba immed~ately due and payable; whether or not there be notice da m~nd, attempt to collett or suii pendin~; and the full amount of each and every svch payment ahall bear interest from the date thereof until paid et the rate of nlne p~r tentum per an~ium; and all faid costs, charges and ezpenset incurred w paid, together with such intertst, shall be secured by the lien of thi~ mwtp+~e. 6. Th+t (e) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of seid sumi of mon~y heroin referred to be not promprty and fully paid within th~rty {30) days nexi afrer the same severally bacome due and payable, without demend or notice, or (t) :n tha event aath snd every the stipulationa, agreements, conditions and covenante of ~a;d promissory note and th~s mortgege eny or either are not ~uly, promptly ond fully performed, discharged, exetuted, effected, completed, complied with and eb+ded yy, then in either or any ~uth event the said ag- preqsts ium me~tioned in said promissory note tnen remaining unpaid, with interesl accrued, and all money> >ecured hereby, shall become due and pay able forthwith, or thereafter, at the option af said MORTGAGEE, as fully and completely ai if all of the said :uma of money v~ere originally ~tipulated ro be paid on such day, rnything in said promissory note or in thia Mortgage to the tontrary notwithstandinq; and thereupon or thereafter at the option of Mid MORTGAGEE, without notice or demand, suit at lew or in equity, therefore ur thereafter begun, may be prosecuted as if all moneys satured hereby 1Nd matured priof t0 itf inttitutiOn. ~ 7. That in the event that st the beginning of or at any time pending any suit upon this Mortgage, or to foreclose it, or to reform lt, or tn anforce paymtnt of eny claimt hereunder, seid MORTGAGEE shall apply to the Court having jurisdiction theraof for the appointment of a Receiver, :uch Court shall forthwith sppoint a receiver of aai~l mortgeged property all and singuler, intlud~ng all and singuiar the income, profits, istues end reve~ues from whatever ~eurce derived, each and every o~ which, ir being expreasly understood, is hereby mo~tgaged as if ~pec~fitally set forth and dettribed in the yranting and habMndum clauses hereof, end such Receiver shall have all ths broad and effxtive funct~ons and powere in anywisa entiusted by a Court tp a Receiver, and tuch eppointment shall be mada by such Court as an admitted equity end a matter of absolute right to uid MORTGAGEE, end without referbnce ta the edequacy or inadequacy of the value of the property mortgaged or to the so:vertcy or insolvcnty of •eid MORTGAGOR or the detendants, and that suth rent~, profiri, intome, iasues and revenues shall be applied by such Reteiver according to the lien or equity of ~aid MORTGAGEE and the prattice of tuch COUrt. 8. To duly, promptly and fully perform, d~scharge, execute, effect, complete, comply with and abide by eech and every the stipulations, egreamants, conditions and covenants in sa~d promissory ncte and thi~ mortgage set forth. ' 9. That in the event the ownership of the mortgaged premi~es, or any part thereof, become• vesttd in e penan other than the MORTGAGOR, the MORTGAGEE, its succesaors end assigm, may, without notice to the MORTGAOR, deal with such successor or Wccessor in interett with reference to thiy mortga9e and the debt hereby secured in the same manner as with Mortgago~ without in any way vitiating or d~scharging the Mortgagors' liability here- under or upon the debt hereby sec~red. No sale of the premises hereby mortgaged and no forbearence on the par~ of the MORTGAGEE or i?s s~ccessors or essiyns and no exrension of rhe time for the payment of the debt hereby secured piven by the MORTGAGEE or ita tuccessor• or assigns, shall operats to release, distharge, modify change or affect the original tiabiiity of the MORiGAGOR here~n, either in whole or in part. 10. It is spec~fically agreed that time is of the essence oF this contract and thai no weiver of any obligation hereunder or of the oblifletion sc cured hereksy sheli at any time thereafter be he!d to be a waiver of the terma hereof or of the instrument secur~d herby. 11. In add~t~on to the forego:ng month'y paymants of princ'pal and interest required by the promissory n~te secured hereby, mortgagor tovenantf and agraes to pay to mortgagee with each monthly payrnent an addirional sum estin±ated by mortgagee to be equal to 1 12 of the annual cost of the follnw- iny: A-All real property taxes levied or assessed againzt the above described real eerate. B-Premiurns on fir? and windstorm insurance as herein requ~red to be carried on th~ improvements situate on the ebove described premites. C-Premiums on such mortc~age guaranty insurar~ce as mortgagee shall from t~me to time deem fit to carry on the !oan secured hereby. Mortgagee shall 4rom time to time not~fy mortgagor fn writ~ng of the amount due and payable hereunder and such sum shall thereupon be due and Fayaole on tfie due date nf the next monthiy payment and each sutcessive month thereafter ur,til mortgagee cha1~ not~fy mortgagor of a change in suth amount. Such sums ahall be applied by mortgagee toward the payment of reai property taxes, inturance prem:~ms, And mortgage guaronty inaurence premiumf. IN WITNE55 WHEREO~, the said MORTGAGOR has hereunto set his hand and seal the day and ar first aforesaid. ed, 6ealed and deiiver in fh presence of: el; - (See I) _ (Seal) (Scal) 5TATE OF FLORID!\ cour~TV oF S~ int L~ i e ~ Before mr personally appeared '~~~n9 'F~,i1.NC?OCl . and F[j~ i:}'t V_ Fil~ WOOf~ his wife, to me wefl known and known to me to be the indivi~luals deac: ibed in and who executed the forego;ng ins!rument, and ackn4wledged bafore me that they executed the same for the purposes rhereEn exprerud. And the iaid Fc3 i th . F+'i ~ 1 W o U d wife of the said E~~~ne ~~Z.IeiOna - upon a aeparate and privats examination by me taken separate and apart frum her said huab nd, acknowladged to and before me that she exetuted said instrument freely and volun- tarily and without any tomput;ion, constraint, apprehension, ~ear of or from hcr said husband. 1VITNE5S my hand and officlal seal th~s day of ALl U9'~ A. D. 19~ ~ ~ ~ Notary Pubf~c in and for ths State of Floride at Large My Commission expiret: ~ Rct~rn To: NOtefY P~~~~~. Sta e ot F~orida at arg M Comrn ss,on Exp!res Nov. 3, 1905 Pirtt Federal Savings 3 Loan Association '~!t E,~', ROED ~e~ by q~ercan SuretY Co- of ti. Y. Of Fcr! P;erce. . ~ , fort Pi~rce, Florida ~ . _ ~ j~ ~`~`!~~i j1 ~ r ,'J~ ~lJ~ 1 ~ ii~'1 • ~ J • ;'C~ e~,..•....~~ ~ ~ ~ r-:`~ . ~ . ,138U7'3 ~ : : ' . ; ROG~R i'~~ i s~A CLERK - ~••r.. ~ . ' : aw *~~r ; . ' . J ST. ~UCIE COUNTY, - ' ~ . , . F1.ORIDA " - , ' ' . > . , .'l, ~ ~ R : ~ . ~ . • ~~~..;~i:.~~,:~,,. ~«124 5~ . ~ - ~