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Home My WebLink About1165 3. To p~~cv •nd continvovsly kusp ai fhe buiid~ngs now or hereafter •~tuate on ssid land ~nd on •II puipmNR ~nd p~non~11Y cow~+d bY thi~ mortq- g~, wifh •II premivmi thewon paid in full, fire in~ursnca in the ususl a~arclard polity form, in a tum approv~d by tM MORTGAGEE, +nd windstwm i~+~ur~ntr in tM usual ~tandard pol~cy fo~m, in a sum approved by the MORTGAGEE, in auch tnmpany w companip ~s ths MORTvAGfE may di~rcq a~u! all (ire and wind:torm insuronte pol~cies on any of said buiid~nys, rny int~rest therei~ or p~rt ihsreof, in tha ~qqreqa+e wm •for~said or In ~xteu the~eof, ~hall contain the ut~al standard mo+tgagee cla~ae or suth other tlause a~ the Mwtgagee m~y req~~~~, m~kiny tM loss undsr ~a~d po~i- ti~s, each and e~ery, payable fo uid MORTGAGEE as its interest may appear, end each and every euch poticy shall be premptly ass.y~ed end delivered to ~ny Mld by s~:~ MORTGAGEE if further security to said mortgage debt, and, not leu than ten (10) days in advance of the expi~ation of each policy, to d~r (iwr W taid MOftTGAGEE a renewal thsreof, to~ethtr wirh a reteipt for the prrmium of such ronewal; and ihere ahall ba ++o iire or windetorm insuronce pl~c~d on a~y of s~~d buiidinqa, any interest there~n o~ pari thereof, unless in the form and wi~h the los~ payable ~s afore~aid; and in the event any sum of money betomet payablr under such pality or policies said MORTGAGEE shali have the option te receive and apply the ume on accoum of the i~debted- ntu sstured he~aby or fo pe~mit said MORTisAGORS ro receive and use it or any pa~t thereof for othcr purposes, w~rhu~t th~rrU~ waiving cr ~mpair- lnp ~ny puity, li~n w ri9ht unda or by virtue of ~his mortgage; and in the •vent ~aid MORTGAGORS shell for +~y reason fail to keep the sa~d premiie• so insured, or fail to deliver pramptly ~ny of ssid poficies of insurante to seid MORTGAGEE, or ieil promptly to pay futly any premium therefor w in any r~sp~ct fail ro perforrtt, di:charge, ex~cuts, etfe<t, comple~e, comply with ~nd abide by thi~ covenant, w any part hereof, iaid MORTGAGEE may place and pay for tuth irourerxe or u~y part tMreof without w~iving or affectirq any option, li~n, puity, or right u~d~r a by virt~e of this ktortqa9e, •nd the full aTa~nt of erch ~nd ew~y such payment xhall be immediately dw and peyable and shsll bear interest from tfi~ dale thereof until paid at the rat~ 01 nin~ ptr esntum per annum and together with wch interest shali be ae:ured by 1M lien af this mortyage. . 4. To p~rmit, commif or wffer no waste, impairment or deterioration of said property or any part thereof. 5. To pay aRl and singul~r tMro tosts, charge~ and expenus, including a teesonable attorney's fee and <osts of ab~tract• of titie. i~curred or paid at my time by said MORTGAGEE, becauae or in the event of the failure on the parl of the said MdRTGAGOR to duly, prompNy end fully perfo;m, d~~charge. •xecut~, effaN, complete, comply wilh and ab:de by eech and every fhe stipulation~, agreements, conditiona, and covenents of said promissory note and thi~ mortyafle sny or aithsr, and wid ceats, charge~ and expenses, each and avery, ~hall b~: immediately due and payable; whether or not thr~ he notice do- marid, attempt to collect or suit pending; and the full amourtt of each and every such payment shali bear interest from the date ihereof until paid at the rate of nine per centum per annum; and a!I said cosrs, chargrs and expsnses irxurred or paid, together with suth +nterest, thall be set~red by the lien of fhi~ morte~p~. 6. That (a) in thc event o4 any breach of thia Mortgage or default en the part of the MORTGAGOR, or (b) in the avent any of ssid sum~ of money her~in referred to be not prcmptly and fully paid within th~rty (30) days ~ex~ atter the same severally become due snd payable, without demend or notice, or (c) tn the event each and every the stip~latlons, agreemants, cond~tions and covenanrs of sa;d promissory note ~nd tfi~s mo~tgage any or either are not ~uly, pron:ptly end fully periormed, d~scharged, ezecuted, effe<ted, compteted, complied with and ab~ded tiy, then in either or any such event the soid ag• proyate sum mentioned in said promissory r.ote then remaining unpaid, with interest aarued, and all moneys aecured hereby, shall become dua end pay- abla forthwith, or thereafter, at the opt~o~ of seid M~RTGAGEE, as fully and completety es ii all of the said sun?~ of money wcre originslly tt~pulated to ba paid on svch day, anything in said promissory note or in thia Mortgage to tha contrary notwithstandiny; and thereupon ar thrreafter at the apt~on of taid MORTGAGEE, without notice or demand, suit at law ~r in equity, thereiore or ihereafter begun, m~y be protecuted as if all moneyi secured hereby hed matured prior to itt ins~itution. 7. That i~ the event that st the beginning of or at eny time pending any suit upon this Mortgage, or to fweclose it, or to reform it, or to enforce payment of any claims hereu~der, said MORTGAGEE shall apply to the Cowt having jurisd~ction theraof for ths eppointmeat of s Receiver, such tourt xhail Forthwith appoint a receiver of sai~i mortgaged property aIl and singular, includ~ng all and singular the income, profits, istues and revenues from wh.:!aver wurce derived, each ar.d every o~ wh~ch, ii being expressty undersiood, is hereby mortgaged as if ~pec~fically set forth and deacribed i~ the gr~nting and habend~m clauses hereof, and such Receiver shall have al! the broad and effective funct~ons and powers in anyw~se emrusted by a Court tp a Receiver, snd such appointment shal! be made by such Cou~t aa an edmitted equity and e metter of absolute right te uid MORTGAGEE, end without referente to the edequacy or inedeq~acy af ihe value of the property mortgaged or to th~ so'vency er inso~vency of said MORTGAGOR or the defendants, a~d that iuch renta, profits, income, issues and revenues shall be applied by such Receiver atcording to the lien or equity of uid MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by esch a~id every the stipulations, agreemcnta, tonditions and covenanta in said promissory note and this mortgage stt forth. " 9. That in the event the ownership of the mortgaged Fremises, or a~iy part thereof, becomes vested in a perwn other than the MORTGAGOR, tt~e MORTGAGEE, its successors and assigns, may, withoui notite tp the MQRTGAOR, deai with auch auccestor ar Wccassor in interest with reference to this mortg~fle and the deb! hereby secured in the same manner as with Mortgago+ wi±hout in any viay vitiati~g or discharg~ng the Mortgegors' linbility hera under or upon the debt hereby secured. No saie of the premises hereby mortgaged end ~o forbeerance on the pert of the MORTGAGEE or its suctessors or etaigna and no extension of the time for the payment of tf~e deb~ hereby secured piven by the MORTGAGEE or its successors or assigns, sl~ell operate to release, dbcharge, modify thange or affect the orig~r,a~ l~ab~liry of the MORTGAGOR herein, either in whole or in pert. 10. It is specifically agreed thet time is of the essence of this contract and that no weiver of eny obiigation hereunder or of the obliqetion te- cured hereby s~~a!! a' eny time thereafter be held to be a wa~ver uf the terms herecf or of the ir.strument secu~ed herby. 11. In addition to the teregc:ng menrMy payments of princ'pal and interest requ~red by the prom~ssory no!e secured hereby, mortgagor tovenant• and agrees to pay to mortgagce vOFth each monrhly payr.~ent ar. ~dd • o~al sum es!imated 'oy mortgagee to be equaf to 1; 12 uf the annual cost of the follow- ing: ~ A-All r-a! proparty taxes levied or assessed aga~ ut the above described real estate. B-Prem~ums on fire and windstorm insurar.ce as herein req~;red to be carried on tFe improvement~ situate on the above described premises. C-Premiums on s~ch mortgage gua+anty insura~~ce as m,rrgagee shall from t me to time deem fit to carry on the !oan secured hereby. Mcrtgagee shall from time to time notify mcrtg3gor in writing of the amcunT due and payable hereunder and such sum shall thereupon be due and payable on the due datn of the next month;y payment and each successive month thereafte; ur~til mortgagee shafl notify mo~tgagor of a change in wth amount. $vch sums shall be appl]ed by mortgagee toward the paymem of real property taxes, insvrance prem;ums, a~tid mortgage guar~nty ~nsurance premiums. IN WITNE55 WHEREOf, thz said MORTGAGOR has hereunto set his hand and seal the dey and year iirst aforesaid. Siyned, Se d and ered in tfie presence of: • / r ~ / .:~.../t.N~~ (Seel) ~ (Se~l) ~l,~_ _ (Seal) _ (Seap STATE OF FLORIDA COUNTY OF s~ . LuC i8 ~ ~ Before rre personally appeared Wi~ ~ i~ H@j'~r~ __S~T~ end _ B8Z'b8I'a A. ~8A~_ his wiie, to me well known and known to ma to'~e the individuals deitribed in and who executed tha 'oregoir,g instrument, and atknowfedged before me that they executed the same for the purposet therein expres~ed. And the said~ B SZ'b a A. ~a a~p wife of tfie said _ Wi~~i~l ~gn2'~ ~aD~ upon a separete and private exemination by me taken separate and apart from her said husband, acknowledged to and before me that she execu4ed said instrument freeiy end valun- ~arily and without arry compulsion, consfrair,t, apprehena~, or fear of or from her said husband. WITNESS my hand and official seal thi~ day~ af - , A. D. 19~~ Notary Pub in and for the State of Plorida at Larga ~ My Comm sion expirei: Retum To: First Fec~et~t'~'~Jings ~ Loan Associatian FILECJ AND REC~RDE~ ~~`~ry r~t~b~'~, ~t't¢ Oi rEO~da St L6~~• - \bt ,€ni~;t(a~ce: • ' ~ Q ~ K •'Y C~nirn ss on ~~.y.~.r~s %+ug. n, 1967 ~-,~•ri~ Pierc~, ~Ibs;da , VTf.~:i1t :~+~d Gy ~mtr;can Suroty W. of f~i• Y, / ' i,' . _ K 1 ~ N r'( y. ' ~ ~ 6 P~~ s a. ~_.T_ 65 A a . ~~~.'A~, ~ I_~8{1~7' ' ;:''::;'•~~~=~f~~ " • U ~ LE R K ~ _ : .~s- ~ . . ROG~;; ~ r;:.:~. ~ ~ , . • ~ Si. L'UCIE COU~VTY. . ~ n, , ~ rLORIOA • ~ . . 0 R ~'r.t.~=,' goa~ 124 564 • ' ~ ' " ~y' is