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Home My WebLink About2221 , To piate ~nd tonMn~ously kNp on tM buildinps now Of MfNNN ~~tuat~ on sa~d Iw+d ~nd o~ ~11 squiprr~e~t ~nd p~rsonally cowrad by Mii mortQ- p~, with ~11 pr~ml~ms tl+nwn pa~d in full, fire insur~nce in tht u~ual standard policy form, in ~ sum approwd by the MORfGAGEE, and wirnlstam 4yura~n in tM wwl u~ndaed polity fwm, in a ium approved by the lNORTGAGEE, in such comp~ny or eompaniy as th~ MORTCrAGEE may di?Kft ~rvd ~11 fir~ ~nd wintMtarm inw~anct polities on tnY of seid buildinps, ~ny inhryt tF+aain or p~n tMrwi, in th~ ayyrey~t~ wm afw~said w in ~~cass ~~of, ~MII santain tM usual itar+dard mortge~ clauae w such othrr clauss ~a tM Mo~tyryw may requir~, makiny the loa und~r sa~d p~1? tia, tach and ~wry, payabl~ ro ~aid MORTGAGEE A~ts interest may appsar, exl each ~nd ~very ivch poi~cy ~hall b~ promptly ps:qn~d and delivsred to rny Mld by uid MORTGAGEE u further security to aaid mortqage 3ebt, and, not leu tMn ttn (10) d~ys in advance of the expirstion of tach pol~cy, tn de- ~1vN to ~id MvRTGAGEE ~ rtnewal tMrsof, toqttMr with a receipt for tha premium ot ~uch renew~l; snd there shall ba no fir~ or windstorm insurance plat~d on any of said lwildinq~, any intsrpt th~rein w part thereof, unleas i~ th~ form and with the lus~ pay~bls as aforosiid; end in ihe •v~nt a~y sum of maMy bw-ortMS pay~bl~ w~dx such po1Ky a policim sai~ MORTGAGEE shall hev~ the op~ion to receive and apply the same on •cto.mt of the indebted- rNU ~rw+d Fwr~by w to permit uid MORTGAGORS 1o reteive a~d uu it or ~ny parl thereof for otner pu?posea, without thereo/ waiving or ~mpair inp any puiry, iien w riyht under a by virtu~ of thia morfyaye; ~nd i~ tha fvsnt uid MORTGAGORS ahall fa any reason fail to kcep the sa~d pr~mi~e~ w ie+~ured, w fail ro deliver pranptly ~ny of ~aid policies of inivrsnte ro •a+d MORTGAGEE, w fail promptly to pay fully any premium therefar or in any nspoct f~il ro p~rform, diuhsry~, execute, effect, complete, comply with e~:d abide by this covenant, or •ny part hereof, aaid MORTGAGEE may pl~ce end psy fw tuch lmuran~e or ~ny pa~rt ttNreof without w~iving or affettinp any option, lie~, equity, or right under w by virtu~ of :hi~ Mwtyay~, ~nd the full a~wunt of ~xh and ~vary tuch payment thall be immediately dw and p~yabla and shall bear interest from tM deta thereof ~ntil peid at the rote ol nfM p~~ Centum prr aRnum and toge~her wilh ~uch interest sha~l be aetvred by fhe lien of fhis mortqsg~. 4. To p~rmit, commit or suffer no wast~, impairment or deterioration of said praperty or e~y part thereof. S. To pay •II ~nd ~Inyulx th~ coah, chargea ~nd e:penses, inclvdiny a reaaonable ~r.orney's fee and msh of abstract~ of tiNe, incurred or pa~d at ~ny tima by taid MORTGAGEE, brti~se or in the event of tha failure on ti+e par9 of the ~aid MORTGAGOR ro dvly, prnmptly and fully parform, diacharg~. ~xecute, effect, complett, tomply with and sbide by eech and every the stipulatio~s, agreements, conditions, and covenents of said promissory note •nd thi~ mwt9ay~ any or aither, and uid cosb, charges and expertxs, each e~d every, shall be immediately dve end payable; whether or not the~e be notice dr m~nd, attempt to tollect or auit pending; and rhe full amount of each and every s~ch paymem iha~l baar interest from 1he data thereof until paid at tM rite of nirw~ p+rr tentum per ~nnum; and all sa~d caxts, cherga~ and expensea incurrsd or paid, tagether with iuch Interest, iMll be sacurad by the lien of thw mutqaq~• 6. That (a) in the event oi any breath of this Mortgaye or default on the part of thc MORTGAGOR, or (b) in the event eny of aaid tums of money her~in referred to be not promptly and fully paid w+thi~ thirty (30? days nent after the same severally betome due and payable, without demend or notite, or (C) tn rl+s ewnt each and ewary the stipulations, agre~rnents, conditions and covanantt of ss~d promissory note and th~s mortyeqe any or either are not ~uly, promptly and fully performed, diuharged, ^xecuted, effected, completed, compl~ed with and a6ided by, fhsn in either w any such event the iaid ag qrpate tum mentioned in seid promissory note then rema:~ing unpaid, with imerest accrued, and all moneys secured hersby, ~hall lxmme d~e and pay- abl~ fo?thwith, w theraafter, at the option of said MORTGAGEE, as fully and compietely as if all of the said sums of money were ori9inally stipulsled ro bi paid on ~uth day, anything in said promissory note or in this Mortgage to the contrary notwithsta~ding; and theroupon or thereafter at the option of t~id MORTGAGEE, without notite or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted ~s if all moneyi saturtd hereby F~ad matured priw to ib ic?stitution. 7. That in the event that at the beginning of or at any time pendir.g any suit upon this Mortgsge, or to ioretlos~ it, or to reform i!, or to enfort~ payment of fe?y d~i~ws Mer~ueder, s~id MORTGAGEE shall apply to the Gaurt having jurisd~dion thereof fot the •ppointment of ~ Receiver, such Court shall forthwith •ppoint • receiver of sai~ mortgaged property all and singuler, includ~ng all and singvlar the intom~, profits, issues and re~rnue~ from whatever tourca derived, eath and every o which, it being expressly understood, ia hereby mortgaged as if apeufically set forth and dauribrd in the pr~nting and hab~ndum clauts~ Fwr*of, ~nd such Receivsr shall have all the broad and effeceivo fvncnons and powers in anywise entrusted by a Court tp a Receiver, end ~uth appaintment shall be made by such Court as an adm;tted equity and a matter of ebso~ute right to said MORTGAGEE, end wi~hout reference to ths ~dequacy or in~dequacy of the value of the property mortyaged or to the soivency or insolven<y of said MORTGAGOR or the defendan», and that ~uch rents, profits, irxome, iuues and revenues shaN be epplied by such Receiver according fo the (ien or equity of ~aid MORiGAGEE and the practice of such Court. To duly, promptiy and fully perform, discharge, execute, effect, complete, comply with and abide by e~ch end evary the tfipuletions, agreements, conditions and covenants ~n said promissory note and th~s mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a penon other than the MORTGAGOR, the MORTGAGEE, iri successors snd easigns, may, without notice to the MORTGAOR, desl wirh s~ch tuccestor or wecsasor in intere~t with rtfertnce to this mortqaqt end the debt hereby secured in ths iame manner as with Mortgago~ without in any way vitiating or dixharging ehe Nlortyagors' lisbility hert under o? upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearonce on the pan of th~ MORTGAGEE or itt s~ccesson or sasigns and no extension of the time for the payrhent of the debi hereby secured given by the MORTGAGEE or its sVCCessors er aasign~, ~hall oper~te fo r~leass, discharp~, modify change or affect the original liability of the MORTGAGOR herain, either i~ whole or in part. i0. It is specifically agreed thet time is of the easence of this controct and thst no weiver of sny obligat~on hereunder or of the obliystion se- cvrsd hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the :nstrument ~ecured horby. 11. In addition to the forego:ng monthly payments of princ'pal and interest required by the prom~ssory note secured hereby, mortgagor covtnants and agrees to pay to martyagee with each monthly payrnent an addiiional sum estimated by mnrtgagee to be equal to 1% 12 of the annual cost of the follaw- iny: A-All real property taxes le~: ~ed or asseszed against thc above described rea3 estate. B-Premiums on fire end windstorm insurance as herein requlred to be canied an the improveme~it situata an the above described premites. C-Premiume on suth mortgage guaranty insuronce as mortgagee shall from time to time deem fit to tarry on the loan secured hereby. Mortgagee shall from time to time notiiy mortgagor in writing of the amoun4 due and payable hereunder and such sum snall thereupon be due ar.d payable on ths due date of the next monthly payment and each wccessive month thereafter urtil mortgagee shall rotify mortgagor ef a change in such smount. Such sums sha(I be applied by mortgagee toward the paymeni of real property taxes, insurancs prem;ums, and mortgage guardnty insurance premiums. IN WITNE55 WHEREOf, the said Mc)RTGAGOR has hereunto set his hand and seal the day and year fint aforesnid. iyned, 5e d nd d ed in the presence of: ~ l~1 ~''i_~~ / ~ CZ c%C'r L~c ~ (S~a1} (S~ai) - (Seat) STATE OF FL~JRIDA ~ cour~n oF S t~Luc i e 8efore me penonally appaared GI`aC~,, A. Ad8It19~~ W~dOW ~ 75~ ~~~~to me well k~own and known to me to be the indiridu~ir deuribed in and who executed the foregoing inatrument, and acknowlydged before me that BheT executed the same for the purposes therein ~xpressed. ~Xi$~ IiJC.1C~E.'lmi7f ~dK ,aG~ J~d474~C WITNESS my hand and official seal thi~ „~O day of A. D. 14fi~ ~ - ~ Notary P ic in and for the State of Flori~+e at larpe My Co iasion expires: Retum To: - Notary PubPC, S!ate o` c'or~da et Li+rg• Firrt Feder~l 5avings ~ Loan Association~i ~ R~~a~DEp My Cemm ss ~n _Y;~.r'S Au~. 6. 1907, of Fon P~~rce. t,~ .~p~_900K Bond4d ksy Amercan Sur~ty,Co,c~f C4~. PorF. p,Y~e~ •Flqrida ' ~ ~ ' //i, ~ ~ ~ ,I,;• . SEP I3 PM ~ . 3I . - • . 'T' s , . - a ~ r~ ~ ' ~d • ` ~ _ ~ ~ `v ~ ~ : ; . _ - ~G~~~ r~~a ~ r~AS. CLERK ~ . - - - ~;;1 l, 4 ~ COUN.TY. - - , , . . ~F~~:R~~A . ~ f . . 0 R ~ , ~0~~~12~ 4~.8 ~ ~-i~ . . ~~1~~:.....~.~, ~ : . _