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Home My WebLink About0933 ~ ~ ~ ~ , ~ ~ ~ 3. To plate and continuously keep on the bui'd~ngs now or hereafter s~tuate on said land e~d on all equipment ~nd ptnonally cover~d by this mo+tg- p~, with •II premivms thereon pa~d in full, fire insurance in the usual s~anda~d policy form, in • s~m approved by the MORIGAGEE, and windstorm imu~anc* in ihs uwal •randard po~~cy form, in a sum approved by the MORTGAGEE, in tuch company or compeniea aa the MORTGAGEE may di~stl; ~nd •II iir~ and wiryd~torm inwronce poliGes on any of said buildi~ys, •ny intereat therein or part thereof, in tha aggrega~e wm ~faresaid or ; le ~xcss~ thereof, fhsll contein the uaual atandard mor~gagee clause or such othar c~ause as the Mort9agee may requ~r~, makin9 Ihe fosi under sa~d poJi- cin, e~ch and tv~ry, payeble to iaid MORTGAGEE as rts int~reat may appear, and eech and everX s~ch pol~cy shall be promptty ass gned a~d de~ivered to ~ any hsld by seid MORTGAGEE as further se:urity to said n,ortgage debt, and, not less than ten (10) deys in ad~ance of the expiration of each pol~ty, to dr liv~t to uid MORTGAGEE e renewal thereof, together wirh a rece~pt for the p~emium of such renewai; and there shall be no f~re or w~~~dsrorm insurance ~ plsced on any nf said bvildinys, eny interest therein or part thereof, unless in the form and wifh the ioss payable aa aforosaid; and in the event any sum 3 of money becames payable under such polity or pol~cies said MORTGAGEE shall have the option to receive and apply the same on account of the indebted- M~s s~twed ixrsby or ro permit said MORTGAGORS to reteiye and use it or any part ther~of for otne~ purposes, w[tho~t ih_~cu~ waivin~ or impair- z iny any equity, lien a right under u by virtue of this mortgage; and in tha event sa~d MORTGAGCRS ihall for any reason fai! t~ keep the said premises so ~ Iniured, or fail to deliver promptly pny of aaid policies of insuranco ro sa~d MORTGAGEE, or foil promptly to pay fully any pra~r;ium therefor or in a~y rsipact fail to perform, discharge, execute, effect, complete, comr:y wifh and abide by this covenant, or any part hrreof, said MORTGAGf.E may p~ace and pay fa such irtsurancs or any part thereof without waivinq or affecting any option, lien, equity, or right under or by virtue of this Martgage, and tht full amounl of each and every such payment shall be immedistely due and payable and shail bear intere~t fram the date thereof untii paid at the rate ot nir» per tentum per ennum and together with wch interest shall be src~rcd by the litn of th~s mortgage. 4. To Fermit, tommi! w suffer no waste, impairment or deterioration of said property or any part thereof. ~ 5. To pey all snd singulu the cost~, chargef ard expenses, includin~ a reasonable attomey's fee and tost~ of ab~tracts of title, incurred or paid at ~ sny time by said MORTGACsEE, becavaa os in the event oi ihe failure on the part of Ihe said MORTGAGOR to duly, promptly and fully parform, d~scharge. ~xecute, effect, complete, comply with and eb~de by each and every the stipulat~ons, agreemenn, cond~tion~, and covenants of sa~d promissory note and tnis morty~9e eny or eithe~, and said costs, chargee and expenses, each and every, shall be immed~ately due and payable; whether or not there be r,ot~ce dr ~ mand, attempt to collect or suit pend~ng; and the full amo~nt of each and e~ery wch payment shall bea~ interest from the date thereot untii paid at fhe rete of nine per centum per ani7um; and all said costa, charges and expenses incurred or paid, together w~th wch interrst, shall be secured by the lien of thi~ ~ moriy~qe. . S. That (a) in the event of any breach of thEs Mortgage or default on the part of thz MURTGAGOR, or (b) in the evunt any of said sums of moncy ~ henln referred to be not promptly end fully paid within thirty (30) days nexi afrer the same severa!!y become duc and payable, without demand or nonce, or (c} in the event eath and every fne stipulations, agreements, cond~tions and covenants of sa~d promisiory r.ote and thla mortgage any or either are not 'a ~uly, promptly and fully performed, discharged, executed, effected, completed, compl~ed with and ab~ded Sy, then in either ot any such event the said a9• ~ pregate sum mentioned in said promissory note then remn~ning unpaid, with inierr•5t aarued, and alI moneys securtd hereby, shall become due and pay •b~e forthwith, or thereafter, st the option of said MORTGAGEE, as f~lly and completely as if all of the said sums of money were or.girally ~t~pulated ; fo be pnid on sucn day, anything in said promissory note or in ihis hlo~taage to rhe contrary notw~rhatand~ng; and there~pon or thereafter a1 the opt~on of ; taid MORTGAGEE, withou! notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosetuted aa if ail moneys secured hereby ~ ~ had matured prior to its institution. ; 7. That in the evant that st the kxginning of or at any time pending any su~t upon thls Mortgagr, or to foreclose it, or to reform it, or fo enforce payment of eny claims he~runder, said MORTGAGEE shall apply to the to~rt having ju~isd;crion theroof fcr the eppo~ntment of a Receiver, such Cour1 shatf forthwith appoint a receiver of •ai~i mortgaged property all and singular, includ:ng all and singular the income, prof~ts, issue; and revenues from whatever wurce derived, each end every o~ which, it being express!y vnde~srood, is hereby mor~gaged as if spec~fically set forth and described in the g~anting and , habendvm clause~ hereof, a~c~ such Receiver shell have all the brc,ad and effccrive funct:ons and powers in anywise entrusted by a Court tv a Receiver, and tuch appainiment ahall be rrade by suth Court as an admitted equity and a matter of absolure r~ght to said M(7RTGAGEE, end without reference to tha ' adequacy or inadequacy nf the value of the property matgaged or to the so'.vency or insolvency of said MORTGAGOR or the defendants, and that such - rent~, profits, income, issuea and revenucs shall be applied by such Receiver aaord~ng to the lien or eq~ity of taid MORTGAGEE and the prectice of such COUrt. 8. To dvly, promptly a~d fully perfo!m, discharge, execu!e, ej~ect, complete, comply ~n•~th and abide by each end erery the stipulations, agreementa, tondirion~ and tovenants in said prom;asory note and th~~ rnortgage set forth. 9. That in tfie event the ownership of the mortgaged pren;ises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the M,ORTGAGEE, its tuccessors and assigns, may, without notice to the MORTGAOR, deal wi~h surh successor or wccessor in interest with reference to thi~ mortgsge and the debt hereby secured in the same manner as with Mortgagoc w~thout in any way vit~ating or discharg~~g the Mortgagors' liebili!y here- under or upon the debt hereby sewred. No saie of the Fremisea hereby mortgaoed and ro forbearance on the part oi the MORTGAGEE or itt successors ot essigns and no extension of the time for the payment of the dzbt hereby secu~ed given by the MORTGAGEE or its successors or ass:gns, siiall operate to release, discherge, modify change or affect the origir,al Gab~Ilry of the MORTGAGOR here~n, eirher in whole or in part. 10. It is apeufically agreed that time is ef the essence of this cor~tract and that no waiver of any ob!igat~on hereunder or ofi the obl:gation se- eurod hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In addltlon ro the forego:ng month!y paym=nts of prir.c pal and interest requ~red by the prom'ssery no'e secured fiereby, mortgagor covenants ~ and agrees to pay to mortgagee with each month:y pay~nent an add:~ional sum est~n~ated bf mortg~gee to be eq~~al to 1;"12 of the ann~al tost of the follow- in9: A--AII reel preperty taxes levied or assessed ag3i~,st thc above descri6ed real est~te. B-~remiums on fire and windstorm insurance as nere~n rcqu~red to be ca~ried on thc irnr.rovemeate situate on the above d.scribed premises. C-Premiums on such mortgage guar3nty inwrar:ce as mcrtgagee shall frorr. t me to ti~ne ~Jeem fit to carry on the loan aer_ured here6y. ~ Mortgagee shall from time to time norify rnortyagor in writ~ng of the amo..~~! due and payab!e hereunder and such s~~~~ shall thereupon be due and payable on the d~e date of the next monthiy paym~nt a~d eacn svccess~ve month Thereaftcr ur.tii mortyagee shaH notify mortgager of a change in such emount. Such sums sha;l be appl~ed by morrgagee to•xa!d rha pa•/ment of real property taaes, insuran:e prem:ums, and morigage guaranty inwrance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set h~s hand and seal the day and year first aforesaid. 5i ned, Se d and de iversd ir. e pr se e of: f_~+ . ? ~ j ' _r ~ _~C,~ _1~ ~1 ~ iC.-C~ ' ~ ~ (Seel) lt ~G~~ ~l~G~L~S~c- - } ' _ ~ ~.?1~~ V1 ~tl~~r~a1~TlC~ ~ ' As "vuardi n of the Estat~~~f Alanche v. p~arl, an incq~p~ten±, the wtfe ~f Philir. Pearl ~ 57ATE OF FIORIDR t Sa Luc is ~ couNrY o~ - i n t i , ~y~~~ ~ Pgarl in~i~ri~3ua1 and ~g G~a~r~~-~n of .~h~; ~''Jta~,~- Before me persona~ly appeared ~.Z_ll.! ~i~7 ~ -p ~-~~P~i _~5:~. r e a r-T"~' . , - ~ ~ p n i r ric~ c±n't~ ~~'1f? W1 f? Of h;~Wife, to me well known:ar~!(~~~Cwn to me td~j~" - the individual described in ond who exewsed the foregoing instrument, and acknowtedged before me that ~F~exewted thp ~lq1~i4~oi,tt+e~wpost,i,_; ~ rherein expressed. /rnd ihe ~said - ~ ~ ~ri~fe..oi Jh~ aaiJ - ~1~~ ~t~~~~~~ ~ : i ~ ~+rw~n~tion by-ne-tekerr xpere9e ~rrti~part°fro!n t~rr sdttt'{tos~and, ~Ck?tC7618dg2t1't? Ehb ~gfefd"rRe f?Sd1` y'hg ~n'~~Cit€cl'd5i~ Th~rfie`qt ~~d71~ r'~ju3~ ~ hr41~- snd ~vhF~bOf -arty~vrrtpt7SStef1, ~~StT5T1r db~~Ft~riii ~aP' Sf"or Trom her saia Ku'sbana~ ' J.'•, ' } r ~ 3 ; WITNE55 my hand and offiual seal this ~ day of ~"~~'G1~`}Q ? ~ i ~ ~~rt'~~"~~ ,v ' ~ ; ~ ~ Notary Public in and for the State of Florida et Large = My Cammission expiras: ; Retum To: NOt+ry PUb'IC, S'.at• Oi F!o~;da at L~,~;e First Federal Sevings 3 Loan Assetiat;en B nde0mnt.55:On cxp res P:OV. 3, 19~5 t E p ~ Ly Amer;;,an Surety ~o. of i,. Y. ~ O~ Fort P~e:ce. ~~E ~ Fqrt:Pisrca. Ftor;da _~•a~D ~E~8r78~Q ~ _ . fd~- g~0~ ~ ~ . , '6 ~,~,~rC,R--Q ~ ~ _ . . , , ~ C„T 8 P~y 3 ; S3 ~ . ` ~86ti~ ~:r f : ~ , y,~~ L~~'iE~'-':~, CLERK . - , . . ~ . - ~~bRl~qU~~1TY, 9QOK 1~8 3~ 4 -