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Home My WebLink About1773 3. To plece end continuou~ly keep on the bv~!d~~qs now o~ hereafiar •n•,n~e on sa~d land and on ali eq~~pment and Cersonally cove~ed by fhit mortg• lye, with ell prM~iums therton pa~d in f~ll, hre insvrance in the :,wa; stanciard po•.icy form, i~ ~ s~m approred by the MURiGAGEE, •nd windstoim insurance in the usual standard poLcy form, in a s~rn appru:ed by the MORiGA~EE, in tuch compeny or tompa~ies af tne MORTGAGEE may direct; end all fire and w~ndstcrm ins~rance po!~c~e~ on eny of sa~d bu~ld;~gs, any interest therein or pert thereof, in the aqgregere sum aforese~d or In eatefs thereof, shali tontain the ~sual itandard nwrig.~9ee ciau:e or wch other clausa ea the Mortyagee mny requ~re, maAing the loss ~nder •a~d poli- cie:, each and every, payabte ta aaid htORTGAGEE es ~ts inter_zt may appear, and each and eve~y ivch F.oi~cV ~hall be promptly ess gned and del~vered to •ny held by said MORTGAGEE as furrher security ro sald mr.ryage debt, and, not !ess than ten ~.u) doys in advance of ~he e?pirar.on of each policy, to dr livar ro said MORiGAGEE a renewal thereof, tog~ther with a rece~pt for the prerni~m of such re~zewa!; and ~here shall be no f~re or windstorm inwrance pls<ed an any of said bui!dings, any interest there~n or part rhereof, un!e.s ~n the form and w~th the loss payab~e ax aforesaid; and in the eveN any sum of money becomes payable under such policy or poGcies said MORTGAGEE shall have rhe optlon ro rece~~e end apply the same on atco~nt of the indebted• ness sec~red hereby or ro perm~t sa~d MORTGAGORS to rece~ve and use it or any part the:eof for ori~er p~~posas, v~ltho~t ~h~«o; ~,~~~i~~3 0~ ~n~p~~~• iny any equ~ty, lien or r~ght u~der or by virtue of th~s mortgage; and in the evem sa;d MORTGAGORS shali for any reason fail to keep the said prem~ses so in~ured, or fail to deliver promptly any of said polic~zs of insvrance to sa~d MC~RTGAGEE, or fa~t p:ompt~y to pay fully any prenuum therefor or in a~y respect fail to perform, discharge, earc~te, effect, com~late, cornp~y wifh and ab~de by th~s covenant, or any p.~rr hereof, said MGR?GAGEE may place a~~d pay for s~ch insurance or any part thereof without waiving or affecting any op!ion, lien, equlry, or rigM under or by virtue oi this Murtgage, and the full amount of each and every wch paymem sha!I be immed~ate!y due and payable end shall bear i~terest from the date thereof unti! paid at the rate ol nine per centurn per annum anc! to~ether wi`h s~cn interesr shali La sec~ved by the lien of this mortgage. 4. To permit, tommit or suffer ne waste, impairment or deterioration of said propcrty or any par~ thereof. 5. To pay ail and singular ihe costs, charges and expenses, including a reasonable ettorney's fee and costs of abstracts of title, incurred or paid at ~r.y time by said MORTGAGEE, betause or in the event of !he failure on rha part of tne said MOR7GAG~..~n •o duly, promptly and fully perfo~m, d~scharge. exec~te, effec~, complete, comply wuh and ab:de by each and every the stipula~~ons, agreements, cond+tions, a~•d covenanrs of sa~d promf;sory note and thi~ morrgege any or either, and safd tosts, charges and expenses, each ar.d every, shali be immrdiate!y d~,e and p~yable; whe~her or not there ba ?orice da mand, attempt to collect ur suit pend~ng; and rhe f~ll amount of each and e~ery wch pa~mem ~hall bzar irtrresr from the date thereof umil paid at the rate of nlne per centum per annum; and all said costs, charges ar.d exper.ses incurred or paid, together ~h such intereat, shall be sec~red by the lien of th~~ mortgaqe. 6. That (a) in the ee•ent of any br~ach of th~s Mortgage or dcfau:t a:: !!+a nart of the MORTGAGOR, or (b) in the event any of sa:d sums of money herein referred to be not promptly and fully paid wlthin ;h~rty ;30) days ncxt a'rter the sa~ne sevr~a',; becon:e due and payable, without demand or noti<e, or (c} irt the event each and every ihe stipulat~ons, agreemenrs, cor.ditions and covenants of sa d promissory note and lh~s mortgege any or either are not iuly, promptly and fuily performed, d!scharged, executed, effec+ed, comple`ed, complied w~th and ab~ded `~y, then in e~ther or any tuch evem the said ag~ pregate wm mentioned :n said promissory note then remaining uree:;:, with interest accr~ed, ar.d all moneys secured hereby, shail become due end pay able forthwith, or thereafter, at the opHon of sa~d h1C»T~:+iiEE, as fully ard ~omp!e~eiy as if aii of rhe sa~d s~ms cf money were originelly stipuiated to be paid on wch day, anythinc~ in sa:d pro.~'t;ory note or in this Mortgage to thc contrary notw~thftanding; and thereupon or thereafter at the option of seid MORTGAGEE, without nat~~~ ;,r demand, suit at law or in equity, therefore or thereaf~er begun, may ba prosecuted as if alt moneys eecured hereby ilad matured priOr :is m3fitutiOn. ~hat in the event that at the beginning of or at any time pending any suit upon this Mortgage, or to foretlose it, or to reform it, or to enforca payment of any claims hereunder, said .".10RTGAGEE shall apply to the Co~rt having jurisd:c~bn thereof for the appointmem of a Rec2iver, such Court snaH forthwith appoint a receiver of sai~l mortgaged property ail and sinyular, ind~d~ng all and s~ngular fhe income, profits, issues and revenues from whatever source derived, each enc! every of whlch, ir being expressly vnders~ood, is he~eby mongaged as if spec~fically ~et•forth and described in tha granting and habendem cla~ses hereof, and such Receivor shatl have all the broad and effective funct.ons and powers in anyw~se entrusted by a Court to a Rec~iver, ard •uch appointment shall be made by s~ch Cuurt as an edmittad equ~ty and a maner of ab:otute rlght to said MORTGAGEE, and wirhout reference to the adaquacy or inadaquacy of rhe value of rhe property mortgaged o~ to the so~vency or insolvency of sa~d MORiGAGOR or the defendants, and that such renra, profits, income, issuea and revenues shall be applied by such Receiver ac,ord~ng to the lien o: eq~ity of said MORTGAGEE and the practice of wch Court. To du1y, prompHy and fully perform, dixharge, execute, effect, complete, comply w~th and abide by ea.h end every the stipulations, agreemenh, conditions and covenants in sa~d promissory note and th;~ mortyage set fortn. 9. 7hat in the event the ownership of t: _ mo~tgaged prem~ses, or any part thereof, becomes vested in a person other than fhe MORTGAGOR, the MORTGAGEE, its svccessors and assigns, may, without no~ice to ~he M.ORTGApR, deal with such successor or wtcessor in interest with reference to this mortgage ar.d the d~bt hereby sewred in tha same manner as w~~h Mortgagor w~thout in any way vitiating or distha~ging the Mortgagors' liability here- under or upon the debs hereby secUred. No sale of tne ~remises hereb~ mortgaged ar.d nc forbearance on the part of the MORTGAGE'c or its successers or aas~gns and no exrer.sion of the time for the payment of the debt he•e6y secvred g~ven by Ihe MORTGAGEE or its suaessors or assigns, al~~all operate fo release, discharge, mod~fy change or aFfect the origmal liao:lity of the MORTGAGOR herein, eithe~ in whole or in part. 10. It is sp~c~fir~lly agreed that time is of the esser.ce of thts contratr and that rto waiver of any obl;gat~on hereunder or of the obligation se- wred hereby shall ar any lime thereafte~ be heid to be a waivcr of the terms hereof or of rhe instrument secured herby. I 1. Ir. add,ricn to the forego ng month!y paym_nts of prinr pal and insrrest reau~red by the p~om sscry nc!e sec~rzd hereby, mortga~or eovenants and agrees to pay to n:ortgagee v.ith each morth'.y parr::e~~t an add~ricnal s~m est ~~,ared 6y morrgagee to be e~~al to 1; i2 nf th<~ annual tost of the follow- ing: A-All real property taxes levied or assessod ag;, tf,e ai;ove de5cr~~ed rea~ estate. B-Pr_m~u ns on fire ard •r~indsto~~n insurar~e as here~n ~,~q~:red to b~ car~;ed en the m;;roveme~ts situate on the above d_sc%ibed przmises. C-Premiun:s on s~ch mortg:age guaranty insvra..ce as rno~tgaaee shalt fro~~ f mo fo ;i~ne deem fit to carry on the loan secured hereby. Mortgagee snall from tfine ro ti-ne no~ffy mertc;;ger ~n wr~t~ng of the amou~t d~e and payable hereunder and such su~n sha;! ther2upon be due and payable on the d~e date oi the next month:y oay~~:ent and each successive month thereafi~r ~ntu mcrtgagee sha!I not~fy mortgagor oF a change in such amount. Such sums shaii be app!ied by mortgagee taxard t~e payrr'ent o! real property taxes, insurance prem:ums, a~~d mortgage guaranly irsurance ~ premiums. IN WITNESS Yt~'NEREOF, the sa~d MORTGAGOR has here~nto se' his har.d ar.d seal the day and year first aforeeaid. i ned, 5 aled and d I'vered the r e^-~ ^t• r~ ~j~ ` W ~ 1 H't E oF F L O R I DA--~`''~;'~'"-'~y ! I• i i-e% (5eal) _ ~ c3 ~ DOCUMENTAp`~ 7AMP TAX____ _ (Seel) ~ ~ - _ ~~w- ~ - NOV-1'65 ` 9 = _ ~(Seel) 1- - ~ :e~_~ (5eal) ° Y ~ ! 8 0 Q= N ~ ~oMPTR06LEA - 57ATE OF fLORIDA ~~.~90138 ao ~ - COUNTY OF - ~ai.rlt r=11Ci_P _ I Before me personally appeared r' 7 F' a ~~,T 1 t t a s i T'.~.1 P a'~~l ~ fi 'vTPd -'fitS 4vfte, to me well known and kno.~~n to me to ba ihe individuat descri6ed in and rvho executed the foregoing instrument, and acknowledged before me that t~ier ezecuted the sarc~e for the p~rposes ..f' therein expressed. And•the-se+d wMeaf-rhe-aard~ , ujsen~"l~pfiaf~dn~~srtv~rer e,ar;wewow aoy w,~ ael.eh ~a.e+e-~a.+~e+po+?-iTOm-+,ef-se;c~ innbend.-aefmo.viedg~d~ ro~rniixfere mF that zhe~xeet~e~ saXl7rtSm,merr ff'~19 artd ~votont re.~iy •nd-r~rhovr-arry-comoohran-consrratnr, appreherrstarr, brte3~ -afier'frarrr t~r saRt TtJ36aRcf" WITNESS my hand and offitial seal this_ ?n-~h day of ±d ~P 2' - , A. D. 19 6~ i . - ~ ~ - - - - ' Notary Public in and for the 5fate of fiorida at Large , GQ My Commission expires: 2etum To: ejQ~+' Notzry Pu~l:c, S'ate of Flor:da at La~ ~a First federal Sa+ings & Lcan Association C~Q~~ ~.d h9y Comm:55 Cn ~ xp,r~5 Nov. 3, 19u~ Of for~ P erc=. ~4 Bonded ty Amer.~an Surety. Cq. of N. Fcrt Pierce, flor~da _ l ~~.'.a ' 'y c`~r ~ ` ~ l .i4v3~ : . . ~1.,~~_~ • ` ) . . . ~ ~ ' V 1~,~ ~ ~ !~C'~ ' ~ 7 Q ..r • `V~', /~r . ~ ~,~t~ _ ~ - v r~J - a ~ ' r, . . ~ - \ ? . - _ ~ `:=p~a . ~J~, c . ~ ~ ; - ~ G ¢ - - ;t. - - .L J~,~o~~0 . . /'M; ' . ~O GJ ' ~ 8AOK1~~7 ~ ,+1'~"'?~ ~ -