The URL can be used to link to this page

Home My WebLink About1672 fines, or impositions, for which pro~~ieion has not been made hereinbefore, and in default thereof the mort- gagee may pay the same; and that he will promptly deliver the official receipts therefor to the mortgagee, 5. That he will rmit, commit or suffer no waste, im irment or deterioration of said ro ert ~ or 15. The mortgagu?• furthei• tucenants that should this mo~~tga r aud the note secureu htreb nut be , ~ ~ p p y eli ible for insui•ance undt~r the National Huusin Act ~ci ir y any part thereof ; and ?n the event of the failure of the mortgagor ta keep the build~ngs on saia premises ~ g th i 0 d~ya fl~om the date hereof and those to be erected on said premises, or improvementa thereon, in good repair, the mortgagee ma~~ (~sritten statemeiit of ~n5~ ofti~ei uf the Federal Nuusing Administr•ation ur authurizt~d agent of the make such repairs as in its discretion it may deem necessary for khe proper preservation thereof, and the Federal Hnusing Cummissioner dated subs~quent to the ~pr! A id time from the date of this full amount of each and ever such a ment ahall be immediatelv due and a able and shall be secur mortgage, declining to irisure saici note and this mort a e, in ~cemed conrlusive root' of su • i- Y PY . PY , ed Bg S P ch n by the lien of this mortgage, eligibi?itp), th~ mortgagee or the holdt~r of the nutc may~, at its uption, cieclare all sums secured hereby immediately du~~ und payable, 6. That he will pay all and singular the costs, charges, and expenses, inciuding reasonable la~~~yer's fees, and costs of abstracts of title, incurred or paid at any time by the moctgagee because of the failure The covenants herein contained shall bind, and the benefits and advantages shaq inure to, the respec- on the part of the mortgagor promptly and fully to perform the agreements and co~~enants of said pram- tive heirs, executors, administrators, successors, and assigns of the parties hereto. Whenever used, the issory note and this mortgage, and said costs, charges, and expenses shall be immediately due and pay- singular number shall include the plural, the Flural the singular, and the use of any gender shall include able and shall be secured by the lien of this mottgage. all genders. 7. That he will keep the improvements now exiating or hereafter erected on the mortgaged propert~•, IN ~~VITNESS WHEREOF, the said m tgagor has hereunto set his hand and seal the da~ and year ~rat insured as may be required from time to time by the mortgagee against loss by fire and other hazards, atoresaid. casualties, and contingencies in such amounts and for such periods as may be required by mortgagee, Signed aled, d eliv in t e presence of-- and wil! pay promptly, when due, any premiums on such insurance for payn~ent of µ~hich pro~~ision has not been made hereinbefore. All insurance shall be carried in companies appro~•ed by mortgagee and in ` ` the policies and renewals thereof shall be held by mortgagee and have attached thereto loss pay~able ~°~r_~---_~ ' SEAL~ clauses in favor of and in form acce table to tt~e mort a ee. .ln event of loss he H•il! i~•e immediate Wtll ~am E. Callahan P % B 8 ~ 1~~3.~..ti/ notice by ma~] to mortgagee, and mortgagee may make proof of Ioss if not made promptly by mortgagur, -.----_--_•----•----.....__..............-----......---__---........[SE~L] and each insurance company concerned is hereby authorized and directed to make payment for such loss directly to mortgagee instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or , , any part thereof, may be applied by mortgagee at its option either to the reduction af the ir~debtedness ~--~~~-~S~'~ n d ~aZla~han hereby secured or to the restoration or repair of the property damaged. ln e~~ent of foreclosure of this mortgage or other transfer of title to the mortgaged property in extinguishment of the indebtedness ~SE~L] secured hereby, all right, title, and interest of the mortgagar in and to any insurance policies then in force • - shali pass to the purchaser or grantee. STATE OF FLORIDA fihat the mort a ee ma • at an time ndin a suit u n this mo a e a 1~ t the o CoUxT~r oF St. LuC ie 8S~ B B 5, Y pp g po rtg g, pp y o c urt hav ing jurisdiction thereof fax the appointment of a receiver, and such court shall forth~a•ith appoint a receiver of the premises covered hereby all and singular, including all and singular the income, profits, Before me personally appeared Will lam E. C811dh#td jn r~d C. Callahan ~ issues, and revenues from whatever sonrce derived, each and every of r~~hich, it being expressly undei•- his wife, to me well known and known to me to be the individuals descri in and who eaecuted the fore- stood, is hereby mortgaged as if specifically set forth and described in the granting and habendum clauses oin instrument and acknowled ed befor m hereof, and such receiver shall have all the broad and effective functions and powers in an~•w~ise g g r 8 e e that they executed the same for the purposes thereui en4rusted by a court to a receiver, and such appointment shall be made by such court as an admitted expresse8i~~:,- equity and a matter of absolute right to said mortgagee, and without reference to the adequac~• or inad- ~~~!~~"ivEqs,tny hand and offic~al seal this 27th, day of OCt er ~9 5 , 'iy, r . equacv of the value of the property mortgaged or to the solvency or insoh~ency of said mortgagor or the . defendants and tha such rents rofits ' o . , t , p , inc me, issues, and revenues shall be applied by such rece~~~er o T:~, ~ • ' • t, , according to the lien of this mortgage and the practice of such court, In the e~ent of any defa~it on the Not~ Pa6fi tn /or the county State a~orr,aid part of the mortgagor hereunder, the mortgagor agrees to pay to the mortgagee c~ demand as a reason- able monthly rental for the premises an amount at least equivalent to one-tw~elfth (~12) of the aggregate L' 4~ : r. My comm?as~on expires ; April 16th, 19b9. of the twelve monthly installments payable in the then current year plus the actual amount of the annua] - t a x e s a s s e s s m e n t s w a t e r r t e s ~ , a, and insurance premiums for such year not covered by the aforesa~d ~ mont~ly payments. •.$71~~p;~~ C"~OUNTY OF 8s, 9. Th~t (a) in the e~~ent of an~~ ureach oi' this murtgagc or ~l~~fault un thc ~af•t nf the mortgagul•, or I6) in the e~~ent ti~at ant~ c~f said sums of mo~ie~• herei?~ i•eferred to be not pi~omptl~• anci fulh• paid ~~~ith- uut demancl or ~iotice, or Ir) in th~ e~~ent that t~ach a,id ecer~• the stipulations, agreements, conditions, Before me personally appeared , to me well known and known to Eili(I Cfl\'CRi111~S Of S1U(I llOtt' and this mortgagc, are not dul~~, prumptl~~, and full}• pe~~fof~med; then in me to be the individual described in and ~a~ho executed the foregoing instrument, and ackno~~ledged before P11~11'1' Of lllll' SUC~1 t!Cl`Ilt, IIl@ SFU1~ R~gCI'g8ft' SliRl inPiltl0llC(~ I11 S~tlc~ tl0fl' t~lE'I! I'e~7~aining u»paid, ~~•ith me that he executed the same for the purposes there~n expressed. interest acci~ucci tn that time, and all m-~ne~~s serueed hereby~, shall becume due and pati~able furth«~ith, WrTNESS my hand and ofi'ieial aeat this day of 19 , v:• thercalter, at the option uf sai~l n~ortbagee, as fulh~ and complett~lti~ as if all of the said sums of maie~~ ~~~«,r•e ui~gi~iall~• stipulated to bE ~~aid on such day, aii~•thing in sai~~l uote ol• in this mortgage to the conti•ar5~ ~ not~cithstanding; and th~~rcupon or thereafter, at the option uf said mortgagee, i~~ithottt notice o~~ demand, ,uit at la«~ a• in equit~~, mai~ be prosecuted as if all monc~~~s secui~ed hereb~• had matu?•eci prior to its insti- ~D Natary Publie in and /or the counGy and S~ate a/oresaid, tution. The mortglgce ma~• foreclose this mortgage, .~s to the amount so declared due and payable, and q QOK M the said pren~ises sh~jll be sold to satisfti• a»d pat~ the same together ~cith costs, expenses, and allo~+•ances, ~4L . (n ~ase of ~~a~tial foieelosiE~c af this mui•tgage, the moi~tgage~i premises sliall be sold subject to the con- ~ Mycommission exgires tir.uing iien nf this mo~~tgage for the amoz~nt of the debt uot then due ~nd i~npaid. In such case the pro- .~,,''1 „ „ ~ , , 51 ;t) 1Sf0 S UP tI115 ~)~`IPS~,I'c1)l~l 111a1' agalll bE dCi~l~ed of thereaftc~ from t~me to time b}~ thc mortgagee. ~ ti < . ~ ` . . . . t B ~u 10. That the mortgagnr ~+~ill gi~~e immetliate notice bt' mail the mortgagee of am• con~e~ance . . ~ i .ti~.~` transfer, or chan z of on'nershi ~ of the nrmises. ~ r % } 1 . ~i~1~ , . ~ ~~i~~~ 11. That no ~+~ai~~er c~f ~+n~~ cu~•enant herein or of the obligation secureci hereb~ shall at any time , N r;;, .,~'(`f , c herea f ter be he l d to l;e a~+~aii~er o f t he terms hereo f or o f t he no te secu?•e d here b~•. C O'' , ~ . R9 ~uC A 1 2. T h a t i f t h e m o r t g a g o r d e f a u l t i n a n y o f t h e c o v e n a n t s o r a g r e e m e n t s c o n t a i n e d h er e i n, or in ~ r" ' L O~~~ aid not.~ then the m rt a ee • form h m 1. i F s , o g g may per t e sa e, and a 1 eKpend tures (including reasonable attor- ney~'s fees) ma de hy t he mortgagee in so doing s ha l l drau~ interest at t he rate set forth in the note secured ` hereby, and shall be repayable immediately and w•ithout demand by the mort a or to the mort a ee and gg 88 , ~ together with interest and costs accruing therean, shall I~e secured by this mortgage, 13. That the mailing of a~+•ritten notice or demand addressed to the owner of record of the mortgaged ~ a~ premises, or directed to the said owner at the last address actually furnished to the mortga ee, or directed ~ . g n v c~ ~ t to said oµ ner at said mortgaged prernises, and mailed by the United States mails, shal; t~ sufficient notice ~ N;. N~ o i and demand in any case arising under this instrument and required by the provisions hereof or by law. ~ ~ ~ ' g ~i ~ ~ 14, The mortgagor corenants and agrees that so long as this mortgage and the said note secured , d A N N~ ~ Q ~ ,o a m nereb r inc r ~ ~ w e ~ < y a e ~u ed under the pro~~~s~ons of the nat~onal Hous~ng Act, he w~l1 not execute or file for record ~ M,~ ~ ~ < ~ ~c, anv instrument which im ,ses icti t ~ ~ N•' Q ~ ° ~c a restr on upon he sale or occupancy of tne mortgaged property on the ~ ,I ~ ~ n ~ b a s i s o f r a c e, c o l o r, o r c r e e d. U~~ o n a n y v i o l a t i o n o f t h i s u n d e r t~ k i n g, t h e m o r t g a g e e m a y, a t i t s o p t i o n, w~~ a ~ w ~ ~ a„ c ~ o ~ wN ~ declare Che unpaid balance of the ~,~bt secured hereby immediately due ~nd payable. ~ r~:,, a i N ~ ~ ~ ~ o wa ! ~ ~ i v ~.cro~ W ~ ~1 ~ ~ MJ y~=~,~ o ~ ~ ~w .~~~~~p ~ ~ ~I S Y '7 ~ S, w x ~ C ,0 p `i C p - . ~ y~ o~~ ~ V O ~ y ~ D a P~ , A ~ ~ G ~ ~ c~ ~'d ~ i, ~ ..Z O ` o I v 8„ r~,~' °0 v ~ 0 l otao ,4 jj v, o , 11.r ~1 ~ V ~ ~ ~ O ~1 ~ N ~ = ? ri ? H ~i ~ ~ y 7 a V u ~ L y ~ ~ « ~1 W K E~oe~ev~ p ao~ ~ . ~N x ~ ~ D ~ ~ ~ u e~ o d ~ m 1~ r - - - - . ~ .~C ~ - / • ~1+~c 1f 3 A ~ . ~