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Home My WebLink About1851 And faid .Moirgagors, fnr themselves end ihe~. hc~n, legal reprasentetiver, yuccaswrs and a~s~p~s, heroby jointly ~nd s~wr~lly cawn~nt and pne to a~d wrth ~he seld MORTGAGEE, ~ts auccea~ors end ass~gns: 1. 'fo pay ell and singu~ar the p~incipal and in~erest and the var~oue and s~ndry tums of mo~ey payable by virtu~ of taid promi~fory not~, and thi~ mortgage, each and every, proniptly on it~e days respect~vely tha same seve:ally becomt due. 2. To pay ali and s~nguler the ta~e~, assessr~ents, levies, liebili~ie~, obligation~ and ~hcumbra~c~~ of every nature and kind now on f~id describ~d property, or that hereafter mey be impoted, iufferrd, pleced, lev~ed, or assesied thereon, w th~t here~fter rray b~ levied a~ueued upo~ thif Mort9- age, or the indebtedneas ?eeured hereby, each and eYery, when due •nd payeble, accordiny to I~w, be(ore they betom~ dslinqutnt, and befa•~ any (nt~~~f1 atiaches or any prnal~y ~s in~urred; AND INSOFAR AS ANY THEREOf IS OF RECORO THE SAME SMAII BE PROMPTLY SATISFIED AND DISCHARGED OF REtOR~ ANU THE ORIGWAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSEt7 OR CERTIFIED) SHAII BE PIACED IN THE HAtvDS C~F SAID MORTGAGEE WITIiIN TEN dAYS NEXT AFTER PAYMENT, and in the event that any thereuf i~ not pa~d, sat s(Ied and d~scharged sa d MORTGAGEE may at any hme pey thc seme or any po~t thereof wirhout waiving or affetting eny optio~, ~~en, squity or .ipht under or by virtue of thia mortgage and the ful! emo~nt of eath ar.d every tuch paymem shall be immed~ately due and p~yable ered thall be~r interes~ ~rom Ue date thereof uNll pald ar rare of aight per <entum per annum and toge~her w~th ~vch i~terest ~hail be ~ecuied by the lisn of th • mo~gta9e. 3. To pl~t~ u~d conti~uouily ke~p on tM buildinq• now or Mr~aftN ~itu~t~ on ~~id I~nd and on ~It equipm~m ~nd p~nondly cowr~d by thia mort¢ p~, with d! pr~miumf IMr~on p~id in full, fir• imur~nc~ in th~ uwal at~ndard policy form, in • wm •pprowd by IiN MQRTGAGEE, •nd windstovm imu~~np In tM u~u~l ~tandard pol~cy form, In •~um •pproved Oy tM MORTGAt'sEE, in •uch tompany or comp~ni~~ af t1» A10RTGAGEE m~y dir~cl; ~nd •II fir~ •nd wind~torm insura~cs po~icie• on •ny of said buildin9s, •ny Inferest ther~in or p~rt thsr~of, in th~ pg~~qah ~uM ~fuMaid or ~n ~YCIU thtrwf, shall contsin the uwa~ st~ndard mortysger clause or wch oth~r ciwfe as tht Mortp~y~~ m~y requirc, makiny th~ los~ und~r ia~d poll- ci~~, •~<h ~nd wery, p~yab4 to feid MORTGAGEE a• i» int~re~t may •ppear, •nd each ~nd every s~ch pol~ty fh~ll be promptiy ~a.qnsd •nd delivsred ro •ny held by Mid MORTGAGEE turlher security to ~sid mor+paye debt, and, not leu th~n 1en (10) dayt in adv~nte of th~ ~xpir~tion af +~ch polity, to dt livar to aid MORiGAGEE a rc~ewal thereof, to9ether with • receipt for the premium of tuch renews~; ~nd thera ~hail be no firs or windstorm in~uro~c• plK~d on ~ny of taid buildiny~, sny imrrc~t therein or part tnereof, unless in th~ form and w~th the lou paysble a• afore~aid; end in tM evem •ny aum of money becanes psy~ble under tuch policy or policies ~aid MORTGAGEE shall h~v~ the option tu receiva and epFly the aame on •ccoun? of fhe tndebted- Mu ~ured horeby ot ro permit said MORTGAGORS ro receive and usa ii or any perl thereof fo~ othcr purpcses, vvirhouf !hereby wai~~ng or ~mpa~r- Ir+q any puity, li~n or ri9ht ~nder or by virtus of thi~ morrgage; end in the eveni •e~d MORTGAGORS shall for any reawn fail ta keep the ~aid p~emiu~ io tnsur~d, or faii fv deliver promptly •ny of iaid policies of insurence to ~eid MURTGAGEE, or fail promptly to pay fully any premi~m therofor or in ~ny re~pect fiil b periorm, discharge, execute, effect, tompiete, tomply with snd abide by thi~ covenaro, or any part hereof, ~aid MORTGAGEE mey p~ace and p~y for ~uch Insurance or any part thereof w~thout waiving or affetting eny option, licn, equity, or right under ~r by virtue of thi• Mortysqs, ~nd rhe full smount af •ach snd every ~uch payment shal~ be immedieta!y due and payeble end ihall bear interest from the dete thereof u~til psid at the rets ot nine per centum per ~nnvm and together wirh such interest shall be iec~red by the lien of this mortyaye. 4. To permit, comrnit w suffer no weste, fmpairment o: detecioretion of said property o~ •ny parl thereof. 5. fo pay •II •nd ~ingular tha cocts, chergh snd expemes, indudinfl a re~sonablr anorney'~ fee and a~ of abstrects of title, incvred or p~id at •ny iima by wid MORTGAGEE, because o~ in the event of the fsilure on the Fert of tha faid MbRTGAGOR to d~fy, promptly and fully perform, diuhery~, •x~cute, effect, canpiete, comply with end ab~de by eath end every the ~tipulations, sqreemsnh, condi!iom; and covenen;i af ~sid promissory note •nd this mong~ge •ny or either, end taid co:ts, charges and expenses, each end every, shell be immediately due and psyeble; whether or not there be notice da m~~d, •ttempt to collect or ~uit pend~ng; and the f~ll emount of each and c~ery such psyment sha~l bear interest from the data thereof untii peid N the rate of nine per centum per ennum; and all saicl costs, charqes and expenses incurred or peid, toflether with such interest, shel; be ietured by the lien of thii mort9~y~. 6. Thet (a) in the event of any breech of ihis Mortgege or default on the part o` the MORTGAGOR, or (b) in the event any of ~sid tume of money h~rsln roferred to be not promptly and f~lly pai~ with~n thirty (30) days ncat after the s~ms severolly bccome due and payable, without demand or notics, or (c) in ih~ ewnt eech end every the ~tipuletions, egreements, condition~ and covtrn~nn of ia~d promisiory note end this mortgaqe My o~ •ifhar •re not ~uly, p~omptly end fully Ferformed, d~scharged, rxecuted, effected, completed, complied with end abided by, then in aither or any fuch event the s+~d a~ prsq~ts ~um mentioned in •eid promissory note then remeining ~npaid, with interest accrued, and all moneys ~ec~red hersby, ~hsll become d~e and p~y~ •hl• forthwith, or theraafte:, •t the option of sa~d MORTGAGEE, a• fvily and complete~y ss if all of the ~aid sum~ of money wera oriyinally ~tipufated to be paid on ~uch day, anything in sa~d promissory n~te or in thi~ Mortqage to thr contrery notwifhstending; end thereupan or thereeher ~t the option of seid MORTGAGEE, without notice or demand, s~it at lew or in equity, therefore or thsresftar bepun, mey be prosecuted a• +f all moneys ~ec~red heraby had tn~tured pnor to it~ institution 7, ihat in the event that at thc beginning of or at any time pending any ~uit upon thir Mortgege, or to foreclose it, or to reform it, oi to snfores payment of •ny claims hereunder, said M~RTGAGEE shatl apply to the Court hevinp juriidiction thereof for the appointment af a Receivar, ~uch tourt sh~11 Forthwith appoint a receiver of said mortgeged property all and ~ingular, includ~ng ali and ~ingular the income, profiti, issues and re~enves f~om whatevsr wurca derived, each snd every of wh~ch, it being expressly understeod, is hereby mortgaged es if ~pcc~fically ~et farth snd dcttribed in th~ 9rsntinfl ond habtndum clauaas hereof, and such Rece~ver sna!! have •II !he broad end effective functioni a~d powen in anywise entrusted by a Court to s Seceiv~r, •nd •uth sppointment ahall br made by s~ch Court a~ an admitted equiry srw~i a mattsr of sbsolute r+qht to iaid MORTGAGEE, rnd without reference to th• ~dequaty or inadequacy of rhe value of the property mortgaged or to 'he •olvency or insolvency of said MORTGAGOR ot the defendsnts, end th~t suth rents, profits, income, iuue~ and revenues shall be applied by ~uch Receiver eccord~np to the lien or equity of teid MOR?GAGEE and !ha pradics of suth Court. 8. To duly, promptly and fully per'orm, discharge, executr, effect, complete, comply with and abide by each and every the ~tipuletiont, agreemenri, oonditio~s and covensnts in •aid promissory note snd rhis mortgage set forth. 9. That in the event the ownerihip of the mortgagod premiaes, o~ any part thtreof, bccomes ves!ed in t perwn other ihan th~ MORTGAG4R, fM MORTGAGEE, its ~uccesaort and as~igns, may, without notice to the MORTGAOR, deal with such s~ccesior pr •utte~sor in interest with,rtference to thia matya9t snd the debt hereby secured in the same manner es wirh Mortgagor w~thout in eny way vitiating or~d~scharging the Mortg~pori Ilability hers- under or upon the debt hereby secured. tJo sale of the premise~ hereby mortgeged •nd no forbearance on the part of rhe MOftTGAG~6 or iti •utCes~on ot a~siyns end no earonsion of the time for the Fayment of the debt hereby ~ecured given by the MORTGAGEE or its ~ucceasor~ or •ssiQns, ahall op*r~!~ f0 nN~, divcMrye, modify thanqs or rffett the original liability of tha MORiGAGOR herein, either in whole or in part. . 10. It Es speciticaily sgreed that time i• of the esscnce of this tontrsct •nd that no waiver of any obligetion hereunder b? of tM obli9~tion ct• !ur~d hereby •h~ll ~t any fime thereafter be he!d to be a waiver of the term• hereof or of the ins~rument ~ec~rcd herby. 11. In addition to the foregoing monthiy peyments of princ pal and interest requirEd oy the pro.n;ssory note sec~red h~tebY, moripagor toven~nts and ~qrcw to pay to mort~agae with each monthly payment •n addition~l sum eatimated by morry;.gee to be eq~al to 1/12 cf the an~unl cwt of the follovi- inp: A--AII rsal property taxes levied or assessed againit the above descrbed real estate. 8-Prtmiumo on fire end windstorm insurance es herein requ~red to t+e caried on the :mprovements situate on the abovt detcribed pilmises. ' C-fremium~ en such mortgage gueronty insurance as mortgagee ihall from timr to time deem fit ro carry on the loen secured hereby. Mortqagea shall from time to t~me notity mortgegor in writinfl of the amount due end payable hereunder end such ~um shall thereupon be dv~ •nd pay~ble on the dus dste of the next month!y peyment and each •uccessive montfi thereafter ~nt~l mortgagee shall natify mcrtgagor of s charn~e in suth ~mount. Si:th wm~ fhe?I be applied by mortgagee toward the payment of reel property taxes, insvrence premiums, end mortgage guarrnry in~ur~nte pnmiums. IN WITNE55 WHEREOf, fh~ ~aid MRRTGAGOR has hereunto sot his hand and seal ihe day andJ~ e~/ first eforesaid. Si , SMi ~r+d d~liver~d in tl+e pr~t~ncq,~f~ ~ - ' ' i / -~f,' ~ x r i ~~}~A Wp o}~ D E D rr A'~ cs..~~ ~ ` ~ ~ _ , • V1'TitlBf ~~C~fQ ~ n ? ~ ~ i ~ ' ,i x , ~ _ ~ ~ ~ r~: ~r,~.1;C.~.,,..y~~.~;:.~-,,.~s`~ ~s., ~ ,T--~--. - - _ ~;e*-c l ~ 1 Z~ - "'-n 5 h!0~1 I P?~~ 5 ~•o ; STATE O~~ Necr~ Je rs e y ~ ~S.S , ' : , ' . ~ , i k CWNTY OF - -,~f~l~tr; t-,.;~ : ^t~~, JCO~t. JP. ~Rd ~fo~e r»~ p~rso~~lly •ppsared ~ ~ hi~ wife, to me wsil knawn •nd known to mt ro b~ tF» {ndividwl~ desr.ribed In •nd who •xrcuted tht forefloiny in~trumt , ocknowled9td bxfw~ me that they •xecvted !h~ Nrr» fot th~ purpwee ~,...a~ sx~....aa. ~,,,a rr» ..~d Luc j nd~ Sc o~t_ M~ fLrold A ~GO~~~ sTZ'. upon ~~rparet~ end prh+et~ ox~mi~atioe~ br R~I lOkM separate and ~pan from hsr said hu~band, ecknowledqed to and befon m~ that ~he exauted iaid in~trum~nt frs~fy end volurr t~rily and withovt my compulsion, conatraint, approhension, pr fcar of or from Mr e~id hutband. , - WITNESS a?y hand and officiel eeel thit~ ' d~y of iSP.1:C' A. D. 19 ~ , _ : r Notery Pubtlc in •nd fo~ th~ Sf t~ tlG9l~tKat Lary~ tty ~~mmi~sion •xpirt~n /_~/~~b' 'f Retvrn To: . ~ C:ti:~ns hd~r~l S~vings 3 Losn Aswcisfion 04 St. luca Ccunty ~ , Ft. Pteree, Flotida ~l ' 8 ~ Q!(, ~_f