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Home My WebLink About1771 3. To place ~nd tontinuovaiy kerp ^n rhe hui:d~r.ge now o~ hereaftnr s~t~etr on sa~d land and on sll equipment ~nd persons~~y toverld by lhis mortg• ~ye, with ell premi~ms Yhereon pa~d in f~ll, fire i~!SWanCr in the ~sval sranda~d policy form, in • surn approved by the MORiGAGEE, •nd winde~omt inwrance in the us~a! ~tar,da~d po!.cy form, in a sum approvrd by the MORIGAGEE, in wch tompany or companies as the MORTGAGEf may dirett; and all fire and windstorm insurance poik~es on any of said buildmgs, eny iroerest therein or pert thereof, in the aggregate wM ~foresaid or In ~xtes~ thereof, ~hell contain ihe usual s?andard mort9ager clause or SvCFt oth~r clause an tha Morrgagre may rrqu:re, mek~n9 the loss under ~++d pai'a cirs, each and every, peyabfr ro seio h10RTGAGEE aa ~~s inr~r~~st may appear, and each and eve~y s~ch po~~cy shatl be promptiy atis g~ed and delivered to •ny held by seid MORTGAGEE as further security ro said mortgage deot, and, not leas than ten (1G1 days in advance of the expi~ation oi each policy, to de- liver to said MORTGAGEE a reneviai Ihereof, togeih~r w~ih a rece~pt for the ~remium of such renewal; and the•e ahall be no f~re or windstoim insurance plated on any of eaid buildings, any interest there+n or parr thereof, un(ess in the form and w;~h fhe loss payabt~ ax aforesaid; and in the event any sum of money becomes payable under auch policy or pel~cies said MORTGAGEE ahall huve the opt~on tv ~eceive and apply the same on accoun; of the indeLted- ness secvred hereby or to perm;t sa~d MORTGAGORS to receive and use it or any pari the;eof ior oth~ r pur~eses, ~v~rho•~t th~~ru~ ~~.s~~~~,g or ~~npair- iny any equity, lien or right under ot by virtue of thi~ mor'gaye; and in the evero aa;d MORTGAGORS shall for any reason {ail to keep the said premises so insuted, or fail to deliver promptly arty of said poGcies of insu~ance to sa~d MORTGAGEE, o~ fuil p:omptly to pay fully any pre~~uum therefor or in any rospect fail to perform, dischargt, ezecute, effect, complate, cornply with and abide by thia covenant, or any part h~reof, said MGRIGAGEE may place and pey for such imurance or eny pert thereof without waiving or affetting ony option, lien, equ~ty, or r~ghf under or by virtue of this Mongage, and the full amount of each and every wth paymem ahall be immediately due and payab~e and shail bear interest from the date theroof until ~aid at the rate of nine per centum per annum and to~ether wirh such interrst shali ~e secured by the lien of this mortgage. 4. To permit, commit or suffer no waste, impairment or deterioration of said property or any part thereof. 5. To pay all and singular the costs, tharqes ar,d expenses, including a reasonable attomey's fee and costs of abstracts of tiNe, incuned or paid at any time by said MORTGAGEE, bacause o: in the event of the fa~lure on the part of the said M110RTGAGOR ro duly, prompHy and fully perform, d~scharge. sxecute, effecr, complete, wmply with and ab;de by each and every the stipulai~ons, agrean,ents, condit,ons, and covenanrs of sa~d promissory nate and th~s mortgege any or ei+her, ard sa~d cosra, charges and expenses, each and every, shall be immed~afcly dua and payable; whether or not there be r,otice da mand, attempt to collect or auit pending; and rhe fulf amo~nt of each and every s~ch paymem shall bea. interest from !he date rhereof untii paid et the rote of nine per centum per annum; anc.' a~l said costs, cnarges and expenses int~rred or paid, together with such interett, sha~l ba setured by the lien of thi~ mortgage. 6. That (a) in the event of any breach of this Mortgage or detau:t on the part of the MORTGAGOR, or (b) in the event e~y of sa'd aums of money herein referred to be not prompt:y and fully paid within th~rty (30) days next a*tc~ the same seoera'ly become d~e and payable, without demand or norite, or (t) in the event eath and every the stipulations, agreements, cund~tions and covenants of aa d promissory note and th~s mortgage any or either are not ~uly, promptiy and fuliy performed, d~scharged, exewted, effected, completed, compGed with and ac~ded 5y, than in either or any such event the said ag- gregate aum mentioned in said p~omissory note the~ remaining unpaid, wilh in!ere>t acuued, and ati moneys sewred nereby, si~an uec~.^~ d~e and pay abte forthwith, or thereafte~, at the option o~ said MORTGAGEE, as fully and compietely a: if all of the said wnu of money were originatly st~r':''+ed ro be paid on such day, anything in sa;d prom~ssory nofe or in this hlortgage ro the conrrary notwithsianding; and thereupon or thereafter a1 tha option of feid MORTGAGEE, without notice or demand, suit at law or in equity, therefore or therea!~er begun, may be prosecuted as if ail moneys secured hereby hed matured pnor to dts instirut~on. 7. That in the event that at the beginning of or at any t~me pend~ng any suit upon rhis Mortgage, or to foreclose it, or to reform it, or to enforce payment of any tlaims hereunder, said h10RTG.4GEE sha!! apply to the Court having jur~sd:ct~on thereo! for the appoin!ment of a Receiver, such Court shall forthwirh appoint a receiver of sai~ mortgaged property all and s~ng~!ar, i~clud ng ail and sing~lar ~he income, prof~ts, issues and revenues from whatevtr source derived, each ard every of wh~ch, it being express!y understood, is heieby mortga,ed as If spec~f~cally set forth and describe,~ in the gian+ing and habendum daus~s hereof, and such Receiver shall havc all the broad and effect~ve funct:ons and powers in anywise emrusted by e Covrf t0 a Receiver, and wch appointment shal! be made by such Co~rt as an admitted equity and a matter of absoture r~gh~ to said MORiGAGEE, and without reference to the edequacy or inadequacy of the value of the property mor+gaged or ro rhr so.vency e: ~nso'vencp of sa~d MORiGAGOR or the de(e.^.danrs, and that such rsnrs, profits, income, iswes and revenues shall be applied cy wch Reteiver accord~ng to ihe ~ien or eq~ity of said MORTGAGEE and the practice of auch Court. 8. 7o duly, promprly and fully perform, d~scharge, execure, effect, complete, con,piy w;th and ab~de by each and every the stipulations, agreements, condirions and covenanta in sa~d promiisory note and ih:s morrgage s~t forth. 9. That in rhe event the ownership of the mortgaged prem~ses, or any part therecf, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without no`ice to thz h'ORTGAOR, deal with such successor or wtcessor in irterest with reference To this mortgage and thc ~ebt hereby secu~ed in the sarr.e n~anner as with ,1lortgagor w~thaut in any way vit~atmg or dlscharging the 1.'lorigagors' liability her~ under or upon the debt hereby secured. No sale of the Fremises hereby mor~gaged ard no forbearar.~e on the part oi the MORTGAGEE ar its succassor~ or essigns and ne extens~on of rhe time for the payment of the drbi h~reby sewred given by the ~J~ORTGAGEf or its wccessors or ass:gns, shall operate fo release, discharge, modify thange or affect-the or~ainai iiac~;~ty of tha MURTGr,vOR here~n, eitner in whole or in part. 10. h is specifical!y agreed that time is of tha essence of this contracr and that no wziver of any obligatien hereur,der or of the obliqation se- tured hereby shali at any time thereafter be held to be a waiver of the terms hereof or of ihe insfr~~ment sec~red harby. 1 t. ~n add:tio~ to the feregdng rnonth!y payments of p-i^,'pal and intzres? requ'ved by the prom"ssery nore secured hc•reby, mortgagor covenants and agraes to pay ro mortgagee with eatii month'y pajr.~ent an sdd.rio^al su^~ es! :~a~ed by m~rtgagee to 6e equai to 1; 12 of tha ann~ai cost of the follow- ing: A-All rPal property taxes lev~~d or assess::d ag3i~,st thc acr~e desv~bcd real estate. B-Prem~ums or. fire and v~indsto~rn ~nw~arce as he:e n rqu:r_~d to be carr~cd cn the ~m;:roveme~ts s:tuate on th~ above d~scr~bed premises. C-Premiurny on wch mortgage guaranty ir.surarce as mortgagne SF73ii frc:r t me to tirne deem fir to carry on the loan secured hereby. Mortgagee sh;lf from ~ur:e to ti~-e no!ffy me~ty~9or ~n v.~~f~rg of ~he aTou•~t d.,e and payabte here~r.dar and such sum shail thercupon be due and payable on the dve date of rhe next rt;onth:y pay~re,~t ard each successive mon!n thceaftsr ur,!ii murgagee sha!I nov~iy mortgagcr of a change in s~ch art~ount. 5uch sums sha!I be appl~ed by mortgagee ta~.-ard the paymant of reai property taxes, insurancz ~r?m;ums, and mortc~aye guaranty irsurance premiums. ~ IN V?ITNE55 WHERcOf, the said A10RTGAGOR has h~re~~ro set h~s hand and scal the day and year first aForesaid. ~gned, Seal d and del' red in the presence of: - ~ / ~ ~ '1 ~ ~ l .s (Seai) ~4_" t'' t-~'', / - - - _ (Seal) (Seal) (5eap SiATE OF FLORIDA ~ 55. COUNTY OP ~ g? ~'1 t_ T: t.l!: ~ e ? Before me personally appsare~ l' ~ r~"' t ~ A'-~.i r'1 n~jr° T~'r~ t~ 'n i:3 W~. f? 3T'1!~ ~r u~ 7~P?1t'Z a?'1•`i 1u~ 7 rj2'°~ ~ .cp~7 - his wife, to ms wel! known and kno•Nn to me to be fhe individ~als described in and who szecuted the foregoing instrument, and acknowle~ ed before me tFiat they executed the some for the purpaaes ~1 Pone T~P1'1+;7, n wi. of Jnck f~. I:en*z ~nci M1~ C~.Y'e~ ~,d, Ilentz therein expressed. A~d the said___._- wi~e of the said ° i~' N o T~jOri±~ ~pon a separate and private examinntion by me taken separate and apart frem her said hvsband, acknowledged to ard before me that she executed said insrrument fr?ely and vol~n- tarily snd without any <cmpvlsion, canstraint, apprehens~9n, or fear of or from her said hus d. 4ViTNE55 my hand and official seal this ~4 ~ day of_ t~ L~ , A. D. 19~+~.r_.~~ f ~ ~ " ~ - Notary Publ' in and for the State of Fforida at Large . My Commi ~on expires: . , y,,~p?~'!rn 70: Fint feplar~,~5avtngj'Rti~oan Association ~?otary Pub~`.c, °~ta~' Ot ~Otf~11 8'f ~ ~ ~~D ;vi~ Cflmm ss~on Exp+res Aug. 6, 1967 ,:or~ ~~~'~pb.; ~ K 3vn~~d E~y RRterican 5urt{~, Ga. d lti. Y. : ~.~.`~,•'~vtt pierte, 'F~~j'~', ~~.~~pJ Q . ~v~,~.~ ~~1 ~ 'a.~' ~ . ,,J 0••7~ - VJ~ i 1 1 ~1 ( ~ . . . , . ~ ,I ~ A~~.~~~ - ~ 11 ~ 1~~ ~j~~S~~i1- •,;C•U~~ : 1 ti ~ _ '6~ „ E~.'sC . . ~ . . ~ - . . . : . , ~•l~~ . _ ,1 : ~(:V ` . , - I~.~'~;` ~ r,''.: _ . ~,~c . ~LpR~~ r~ ~ . BOOK ~rG,~ . , , ~ ~ ~i.~