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Home My WebLink About1775 3. To p~ace end coniinuocsll kerp cn the bu+'dings now or herrafter a~t;,afe on se:d land and on •!I eq~ipment •nd perfqn~lly covered by thi~ mortg- p~, with ali ~remivmf therton pa:d in full, f~ro ~ns~rjnte ~n ttir us;~~ e~end~rd pa;cy form, in a sum eNproved by the MORiGAGEE, •nd w~~dtto~m insunnte in the vs~ai stendard poLcy form, ~n a wm apsyo~ed by the MORTGAGEE, in fvch ccmpany or Camp~ni~• s! ~F+e MORTGAGEE may dirett; and all fiie and •xindsrorm insuronce Fo!~c,es on any of sa~d b~i~d.ng~, any interes~ therein or pe+t thrreol, ~g9~rqate ~um aforess~d or in excet~ tha~eof, shall contain the ~sual standard mortg-~~~e clause or such orher cia~se as tha Mo~tyagee rray requ~re, msAing the ~ess undrr ~a~d poli- ties, each enc~ evary, payabte to se~d MORTGAGEE as :is ~rner,.-st may appear, and ea,h nnd every svch po:~cy ~hifl be p~ompriy ess gned a~d delivered to ~~y hetd by sa~d MOkTGAGEE es furiher secur~ty ~o sa~d mortga~e debt, and, nor less than ten (10) days nd:ance of ~he exp~rat~on of each poGCy, to dr liver to taid MORiGAGEE a renewal tnereof, toyether with a recelHt for the premium ot wch renewe~; and thrre fhall be nu f~~e oi w~nd3to~m insurance pleced on any of said bui!d~ngs, any interest rhrre~n o~ pa~t thereof, vn!ess in ihr fa~m and w~+h iha toss payablr as a4wesaid; and ~n rhe evem any s4m ot money becomea payabie ~nder wch policy er pol~c~es sald M,ORTGAG'_E shall have the op~~on to rece~ve and app!y the teme on acrount o( the indeb!ed- ness secured heceby or ro perm~t sald MORTGAGORS ro recalvz and ~se it or any p<rt thc~cof for otie~r uurtoara, ,•.~~ho.,t ih~~.u~ w~~vi~g o~ ~'*,p~~r• infl any equity, lien or right under or by virtue of ~hia mo:!gaye; and in tha event sa!d MORTGaGORS shall (or any r~ason fai! to keep the said prem~se• so in~ured, or fail ta deiiver promptly a~y ~f said poGcies of insurance to sa;d MORTGAGEE, or fa~i p:omptly to pay fuily any pfe~nium therefcr or in a~~y ro~pect fail to perfo~m, discharge, exec~te, effect, cornplete, cornply wirh and eb~de by thts covenanf, or any part hzreof, said MORTGAGEE may place a:~~ pay fo~ suth insurance or any part thereof w~!haut waiving or affectiny any option, lien, equlty, or right ~nder or by virtue of this Mortgage, and the full amount of each and e~ery f~ch payment shall be ~mmediately due and payable and shaU bear interest from thb date thereof until paid at the rate ol nine per centum per annum and to~e!hir with s~ch inter~st shail be sec~~ed by tha IiLn af this mortgage. 1. To permit, commit or s~ffer no waste, impairment or deter~oration of said property or any part thereof. 5. To pey all and singular the cnsts, charges and expenses, induding a rensonable etterney`s fee and costs of abs!iacts of title, incurred or paid at eny time Ly said MORTGAGEE, because or in rhe event of the failwe on the part of the said MORTGAGOR to duly, pron,ptly and fully periorm, discharge. execute, efiect, complete, comply with and ab;de by each and every the stipu~anons, agreen,ems, conditiont, and covenarns of sa~d prom~ssory nute and this mortgage any or e~+her, and sa~d costs, charges ard expenses, each and every, shalt be immecl~a~cly due and payable; whMher or not thero be ?otice da mand, attempt to colled er suil pend~ng; and the full amount of each and every such paymer.t sha!i bea~ inferest from the date thereof ~ntil ~aid et Ihe rate of nina per centvm per annurn; and ail said ccsrs, charges and expenses irxvrred or paid, togethrr w~th such intero~t, ahali be setured by ihe lien of thii mortyage. b. That (a) in the event of any breach of this hlortgage or default on tF.e part of the MORTGAGOR, or (b) in the event any of sa'd suma of money herein referred to be not promptly and f~lly pa~d ~nithi~ th;.ty (30) days nzxt ait~r the sa:ne seve~a!iy become dve and payabie, withou+ dzmand or notice, or (c) in the event each and every the stip~!ztions, agreements, conditions and covenants of sa:d pron,issory note and th:s mortgage ar.y or either are not ~uly, nromptly end fuily performed, dlscharged, e,eec~red, effected, compfeted, comp;led with and ablded 5y, then in either or any such event the said ag• pregat~ sum mentioned in said prom~ssory no~e then rernaining unpa~d, w~th interest accrued, and a;l moneys secured hereby, shall become due and pay- able forthwith, or thereafter, at the option of said h502TGAGEE, as ful~y and comp!eteiy aa ii afl of the sa~d suma of money were ongi~ally stipulated to be paid on such day, anyThing in sa:d promissory note or in this Mortgage to the co~trary r,otw~~hs~anding; and thereupon or thereafter at the option of teid HlORiGACsEE, witho~t not~te or drmand, suit at law or in equity, therefore or thereafter begun, may be Nrosecuted as if all moneye secured hereby had matured prior to its ins~irution. 7. Tnat in the event thai at the beair~n~ng of or at any t~me pending any suit upon this Mo~tgage, or to foretlose if, or to reform it, or to enforte payment of any claims hereunder, said h1URTGr~GEE shall .~pply to tha Couri having jurisd~ction thereoi for the appointment af a Receive~, auch Court shaii forthwith appoint a receiver of sai~i mortgaged property all and singu:ar, inclucl.r.g all and s~ngu~ar the incorre, profits, iswes end revenues from whatever ~ource derived, each and every of wh:ch, it being expressly understood, is hereby mertgaged as if speclficaily set forth and described in the g~enting and hebend~m cla~ses hereof, and such Receiver shaii have ail the broad and effecrive f~nct~ons and powers in anywise entrusted by a Court to a Receiver, and auch appointment shal! be mede by suth Cc~rt as an admined equify and a matter of absoiute rghn to said MORTGAGEE, a~d without reference to the adequacy or inadequaty of the va!ue of the property mcrrgaged or to tne so,vency or inso:~enty of 3a~d MORiGAGOR or th~ defendants, and that svch ren!s, profits, income, issues and revenues shaii be zpplied by such Receiver accord~~:g to the lien or equity of seid MORTGAGEE and the practice of s~ch CouR. 8. To duly, promptfy and fully perform, discharae, execute, effect, com.plete, compiy with and abide by each enci every the stipulatior.s, agreements, cendition~ and covennnra in sa~d promissory note and th~s morrgage set forth. 9. That in the event the ownership of the mortgaged prem~ses, or any part therec`, beccmes vested in a person other than the MORTGAGOR, the MORTGAGEE, ita s~ccessors and ass~gns, may, without rotce to the h50RTGAOR. deai with svch s~ccessor or wccessor in interest with reference to this mortgage and the deut hereby secured in the same rnanner as with Mortgagor w~rhout in any way vit;nting or d~scharg~ng the Mortgagors' liabili!y here- under w upen the debt hereby sec~red. No sa:e of the premises hereby mortgaged and no forbearante on the part of the }l~ORTGAGEE or its suctessors or aasigns and no extension of the time for the payr~ent of tfie debt hereby secured given by the N10RTGAr,EE or its iuccessors or assigns, al~ail operate fo rtlease, distharge, modify change or affect the origira! liao.;;ty of the MORTGRGOR herein, eithzr in whole or in part. 10. It is spec~fically agreed tha± time is of the esse~^.ce ef th~s camrac; and rhat no waiver of any abl:gaiion hereunder or of the obligetion se- eured hereby shai~ at any time rhersafter be held to be a wai~er of the terms hereof or of the i~strument secured herby. 1!. In add.tion to the forego ng m,omh!y payroerrs of pr~:~, pa' and interesr requlred by the prom sscry no'e s~a~red hereb~, mortga~or covenanit and agrees to pay to mortgagee v`i1h each monrhly p.3yr,ent an ad:i rional sum ast ~~a}ed b~ mortgjgee ta be eq~al to l, 12 of the annual cost of the foliow- ing: A-A~I rea! property taxas levi_d or assesscd ag3i•:st thr acove descri4cd real estate. B-Premiums on fire acd ~nirdstor:n insurar~~ as i-ercin req~:~ed to be carr~ed c•i tha ;rr~~.~oveme:l~s s rua?e cn tha aUove d:zcribed premises. C-Premiums on such c~crtgage guara~ty ins~rar.ce as mo~tgagee shaii frcrr ! me tv time dee;n fit to ta~ry on !he loan secured hereby. Morrgagee sha!I from tirne ~o ?~.~~e no:lfy mcrt;agor ~n wr~r~ng of the zrro~~? d.~ and payable nereundar and such surn shali there~pon be d~e and Fayab!e on th_ d~e date of tF~z next montn!~ payr.,ent and e:cn success~ve rnon'h thereaftar ur.!~i mertgagee sha11 nohfy mort~anor of a change in wch amount. Such sum3 ahail be app!ied by moriga3ee tohard the E,ayment of real property taxes, insu~a~ce prern;ums, and mortgage guaranty insurance prerr iuma. IP1~ WITNE55 V?HER"cOf, the sa~d MORTGAGOR nas h~reunro set his ha;:d and seaf the day ar.d year firat aforesa~d. fSi~nad, Sealed and ~lali~eredl in the presence of: ( t (~/1lL~ ( ` 6 l ~ (Saei) r"" J~~C/ ~~t-/-~~-~c~- 6y-~-~.~ ~!9 l=/~ ~Ssal) ~..~~r- - - - - - - - _ _ (Seail - -(5eaq STATE OF fLORiDA ~ 55. COUNTY OF ~ t ~..~11C~- _ I Before me personally appeared ~$C~ Seadl n~Y ~ JI' ~ ~_~.,.~_iu~ and 1~ M~nder ~~l3(~~.OC~'i his wife, to me well knby,~n bs~2! krrev~u, to`me to be fhe individua(s descri6ed in and who executed the foregoing instrument, and acknowle~ged before me that thej~ erzeCYt~d the•stihi8"fo, the p'urposes therein expressed. And the :~~d_ ~..____1~'i9nder SC BC~ZOC~ _ ~-~.~i+~-j ~~,Z~~~' wife of the :aid ~'Lg~k S r A d 1 Qs.~i_~-~ ~ y r u¢3ri a aepeGate': ar~d private examination by me taken separate and apart firom he~ said h~sband, acknowledged to and before me that she executei sai~ instru~enl ~fleely' abd volun- tarily and w~thout eny compulsion, tcnstraint, apprehenron, or fear of or from her said husband. , ~ WITNESS my hand and official sea! th~s__~l'}r _ day of ~~~'_.._._,.n~P''~ ~~~14~ t ~ ~ ~ ~ ~~~1 ` ~,~.~L.:.. _ - Notary P~~bfic in and for the State df;tlwid6 a! large My Commission expires: • ' Return To: Np~ ~I~K, S~i~! OE ~0~1~/ ~~f~! FirEt fcderal Savings 3 Loan Association T` !1~ tqpl~KiiM E~/~i 13, 146~ . r~ Of Fort P:erce. ~ ~ ~e~e~d ~y A~n~e Ftr~ i Gua~r G. . fvrt. Pierce, florida ~ ,L•, . ~~~~,~`~~':,v 1 v ~ .y~,! ~ ~ ~~4 _ 1 ~ _ _ - - " ~ ~ ~ GL-~R'~ _ . ~ r , " - ~L ~ ~ ~,t~ '~@~~~ ~ 1 . - ~ - ` . RO 5~ _ ~~~la~ ~ sooKl~y . 576 ,~~a _ -