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Home My WebLink About1958 7e pi~t~ ~nd to~ttewously ketp on th~ buildings now or Mre~ftsr ~ituat~ on s~id la~d and o~ all equipmeM ~nd p~raordly cova~d by thi~ mwtq~ p~. with ~II pramium~ tMnon p~id in full, fire insuranct in the utusl stardard policy form, in a aum app~Ov~d by th~ MORTGAGEE, ~~+d windalam imws~ in tM trsu~) ~tandard pol~cy form, in ~ sum approved by the MOkTGAGEE, in such tomprny or companitt aa th~ MORTGAGEE may d~nttJ a~d a!I firt ~~+d wir+~torm irau~ance policies on ?ny of said build~npi, •ny inter~st thenin or paH tMrwf, in tM ~ygr~y~te wm ~faes++d a In ~Yass th~hof, shall :or+t~In ths w~al ~tandard moregagee tlausa or iuch othsr daute ~s ~h~ Mortyagee m~y r~quir~, makinq tM lo» u~ said poli- ciN, ~ach ~nd tvery, p~yabl~ ro s~id MORTGAGEE as ih intarest may ~ppesr, and each and every such policy thall b~ promptly ~ss.yn~d ~nd d~liv~~ed ro ,~ny Mld by f~id MORTGAGEE ~s~further ieturity to s~id mo~tqaqe dabt, and, ~ot leu tMn ten (10) days in advanct of th~ expiratio~ of aach policy, t~ o~- ~iwr to Mki MORTGAGEE i r~xwsl iMHt~wf, topa~hn with a reteipt for the prsmium af such rer+ewi~; snd ther~ shall be no fira or windstorm insu~ance plac+d on u~y of s~id buildinps, any interest tMr~in w part thereof, unlesa in the form s~d wi~h the loss payabl~ a~ afor~said; and in the event any tum of moMy b~comq p~yabl~ undsr ~uch polity o~ polities sai~ MORTGAGEE thell have the oFtia+ to receive end apply the sama on at<ount of the indebted- n~u ~~cur«'1 h~r~by a to permit s~id MORTGl1GOR5 fo reteiva and use it w any Qart thereof for other purpo~ea, .vithout thrreol waivi~ig or ~mpair &q ~ny puity, li~n o~ riQht wider w by virtus of this mortpaqe; and in tM event said MORTGAGOR5 ~hall fo~ any reato~ fail fo keep the said prsmisef so (mursd, or fai! to d~livar promptly ~ny of ~aid policies of insu~ance to ~aid MORTGAGEE, or fail prompt~y to pay fully any premium there!yr or in any rtspeet faii to p~rfwm, diuharq~, sxecut~, ~ffttt, tompl~te, comply with and abide by thit covertant, or eny part her. _f, said MORTGAGEE msy place a•~d pay fa tuch in..•rants or any part thereof without waiviny w ~ffectiny any option, lien, equity, or right under or by virtu~ of this Mo.ryaye, snd tfie fult ~mount of eath and ~v~ry tuch paymenf shall ba immediataly due and peyeble and thall bear interest from tFw date thereof until paid at tha rata ol ninr per esntu~~~ pK annum and togefhe~ wiih wch interest shall be sxured by ~he lien of this mwiqsge. 1. Yo p~rmit, tommit or suffsr no waste, impairment or deTerioretion of asid property or any pari thereof. S. To pa~r ~I) and sinyular the cosri, charyet •nd expenses, includiny a reasonable attorney's fett a~d costs of ~bstrattt ef title, inturred or paid et ~ny tim~ 6y said MORTGAGEE, btceuae w in the event of the failure on the pan of the said MORTGAGOR ro duly, promptly snd fully per`orm, d~scharqa, ~xetut~, ~ffett, complet~, tomply wilh and ~bide by esch and every the stipulations, ayreements, conditionr, end covenants of said promissory note and thia mortpaq~ ~ny or •irh~r, •~d said cost~, charqes and expenses, each and every, ihall be immediately o~e and payable; whether or not there be rotice do- m~nd, attsmpt to collsct w fu~` pending; and the full amount of each and e~ery such payment ahall bea~ interest from the date thereof until paid e1 1ht rate of hine p~tt centum r~r annum; ind ell said cous, chargrs and ezpenses inturred or paid, together ~~ith wth interost, thal! be s~tured by the lien of thi~ ~t9~4~• _ G. That in the svent of ehy breath of this Mortgage or default on the part of the MORTGAGCR, or (b) in the event any of said sum~ of money Mnin ref~rred to be not promptly and fully paid riittiin thirty (30) days neat after the sarne severatly become due end peyable, without demand or notite, or (c) fn the tvant each ~nd every the stipvlations, sgreements, conditions a~tid covenenti of w;d ~Sromissory note and th~e mortgeye any or either ?re not ~uly, p?omptly and fully performed, discharged, executed, effected, completed, tomplied wiPh and abided by, then in either or any •uch svent the ~aid ag prp~ta ~um m~ntianed in said promissory note then remaininq unpaid, with interest accrued, and aIl moneys aecured hereby, shall become due and pey ~b~~ forlhwith, or thers~ft~r, a1 the option oi said MORTGAGEE, as fully and completely as if all of the said sums of money were originslly stipulated to be paid oe~ •uch day, anythin9 in said promissary nrte or in this Mortgagr to the contrary notwEth~tanding; and thereupon or thereefter at the option of t~id MORTGAGEE, withaut norit~ or demand, ~uit at law or in equity, thereFore or thereafter begun, may be proucuted as if all money secured hereby had matured priw to in irtstitution. 7. That fn tM event that ~t the beginning of or at any time pending any suit upon this Mortgage, or to fweclose it, or to reform it, or to cnfort~ p~yment of any tlaim~ hste~nd~r, said MORTGAGEE shall apply to the Court having jurisdiction thereof for ths appoEntment of • Receiver, t,uth Court shall Forthwith sppoint ~ rsceivsr of tai~! mortg+qed :xoperty all and singular, includ~ng all and singular the income, profits, issues and revan~es from whatevsr wure~ deriv~d, each snd evsry o# which, it being expressly understood, is hereby mortgaged aY if apecifica~ly iet forth and dattribed in fhe yranting •nd h~barsdum tlsu~~s hereof, •nd suth Receiver ahall have all the broad and effeuive funct~ons and powera in any.vise entrusted by e Court tp • Reteiver, snd wch appainfmdrtt ~hall be msde by tuch Court as sn sdmitted equity and a matter of absolute right to said MORiGAGEE, and without referent~ to the ~drquacy or insdequacy af the value of the property mortgaged or to the sotvency or ~nsolvency of said MORTGAGOR or the defendanti, and that such r~nti, profin, intome, itsues and revenues ~hall be applied by such Reteiver according to the lien or equity of taid MORTGAGEE snd the practice of tuch Coutt. 8. To duly, promptly snd fu{ly perform, discharge, execute, effect, complete, comply with and abide by esch snd every the stipulations, agnvment~, conditions and coven~nts in said promtuory note and this mortgage set forth. 9. Thst in the eveni the ownerahip of the mortgaged premises, or any part thereof, becomes ve~ttd in a perwn other than the MORTGAGOR, tha MORTGAGEE, in tuccesson snd assigrs, may, without noti<e to the MORTGAOR, deel wi~h such succnsor or wccesior in interest with rvference to thi• mortyaye •nd the deb~ hereby sscured in the same manner as with :aortgagor without in eny way vitiating or discharging the Mortgagori liabi~ity her~- ur,der w upon the debt hereby secured. No sele o4 the premises hereby mortgaged and no forbearance on the part of the MORiGAGEE or :ts ~utcessors or etsiqns and no extenaion of the time for the payment of iha debt hereby secured given by the MORTGAGEE or its suctessors er assigni, shall operat~ to rolease, diuharge, modify change or affect he oric::nal liability of the MORTGAGOR herein, either in whole or in part. 10. It fs specifically egreed that time is of thc essence of this controct and that no waiver of any obfigation hereunder or of the oblipation st curod hereby shall et any time thereafter be held to be a waiver of the terma hereof or of the instrument setured herby. 11. In addition to the forego:ng monthly payments of princ'pal and interest required by the p:omisaory no!e secured hereby, mortgagor covanar.t~ and sqres~ to pey to mortgagee with each mnnthly payment an addi:ional s~m estlmated by mortgagee to be eq~al to 1; 12 of the annual cost of the follow- ing: " A-All real property taxe~ ~evied or assessed agaiost the aEove described real estate. B--Premiumt on fire anti windstorm insurar,ce as Aerein requ~red to be tarried on the improveme~ts situate on the above described premises. C-Premiums on such mortgage quaranty insurar~ce as mortgagee shall from t~me to tirne deem fit ta tarry on the loan sec~red hereby. Mortgagee shall from time to time notify mertgagc+r in writing of the amount due and payable hereunder and such sum shall thereupon be due and payeble on fh• d~e date of ths next manthly payment and each s~ccessive month thereaft~r ur.tii mortgagee shall notify mortgagor of a change in such amount. 5~ch sumt •hall be applied by mortgagee toward the payment of real property tazes, insurance prem:ums, and mortgage guaronty insurance premiums. IN WITNESS WIiEREOf, th~ said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ' Siq and ' eliv Q i e presence of: ~ ` / ~ (Seel) ~ ~ (Sesl) ~ (Seal) (Seel) STATE OF FLORIDA u. COUNTY OF S~ . LLIC ~8 ~ Befae me penonal~y appsared ~~491"1.~a~M~~harr and ~ F..1 i Z 9bB t~"1 M_ P harr his wife, to me well known and known to me to be the individuel~ described in and who executed the foregoing instrument, and ecknowledged befcre me ihat they executed the same fot the pu~poses ~herrin •xpreued. And 4he sei~ Elizabeth M. Pharr wife of the ~aid ~'+r18Y"189 Ph~rr , upon a~separate and private examin~tion by me taken sepa~ate and apart from her said husband, acknowledged ta and before me that she executed said instrument freely and voiun- Iarily and without ary cnmputsion, constraint, apprehensi n or ear of or from her said husband. ~C WITNESS my hand and cfficisl seal this ~ day of~ t mb P A. D. 19 v-~ . ~ - Notary Publi n ehd for fhe 5tate of Florida at larye My Commis on experei: - Return Ta: Firtt Feder~l Sav1~~ . Lcan Aswciation Notary Pub~~C, 3ta'e ot ?'lo~~e at Carge • N E(~, 0 My C~n;n;,ss.or ~x, res A~g: 6,.1907 of~ Fo~f_ p~~~-~,, Fil aOpK 6ondad By Arner;ca~i Sure:y irv, a~ n~. ; ro~~,~ ~.'o';r~te ' ~ ~ `'J • "~i.,~. ~ • ~ - . ~.~1' . , ~ • ~1` ~ / ' y - \ . f 1 ~ - ' . - '65 SEP 7 ~ ` p~ ~ . - ;fi: F~ ~ y~~ , . ~i ~.~f ~ .ti\: • ' _i_ l.:l I ~ ~ '(J ~ i,~~, ~ ' , ~ _ , ~y ~3 ~ ' C LE RK ' ~ ~ ' ~ t GEft f'OITRAS, Y ~•,z' ~-A F!: ftOST. LUCIE COUNT . ~ . F~ORtQA ~ R 1~6 15~ . : . 'irl~r~.:':''` ~ ; ~ BOOK ~ ~ ~ .