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Home My WebLink About2282 9, To plsce end torttinuovsly keep on the buildiix~s ~~ow or txreahor ~~t~ate on fsid Irnd and on ~N equipmerM ~nd perionally coret~d by tl+ir Mortq~ q~, w+th ~I) premlumf fher~on pe~d in full, fire irtiura~ce in ~he usual standard poticy furm, in a sum approv~d by tfie M~RTGAGEE, and windNUrm In~uranca In the utual standard pal~ty form, in a~um approved by ti~e MQRTGAGEE, ln such compsny or tpnpsni~t N the MORTGAGEE may dhett; and alf ftre and windstorm insurance poticies cn arty of ~aid bu;lding~, •ny int~rsyt thercin or part 1F~ereof, in 11+e ~ggnyale wn+ ~fora~aW a In ~xces~ thereof, tfiail contein the uwal standard mortgagea clausc or euch mher cleuse a~ +1» Mort~pagAe m~y reqv~ra, naMiny th~e ~oas under s+~~d pd~ ti~s, aatA and eve~v, pe/abfe to sstd MI~RTGAGEE as irs i~terest may appear, and each ~nd evrry surh ~oi~cy shall be prompNy as~ gnrd •nd delivK~ p . ~ay h~Jd by saic+ MpRTGP.GEE a f~rlher ~?,ecwity ~o said ~~ortga9e debt, and, not lesf than t~n (IO) deys in advance of th~ ezpiretion of each polity, to dr live~ to M~d MORTGAGEE • ren~wai iharsof, fogeth~r w~th a receipt for the pramium of s~ch ronawalj atid )hfre shall be no f(re or windsturm +asura~c0 ptsced on any of seid buildinga, eny intere:t !hrre;n or parl rhereof, unless ~n ihe torm end wi~h the laas payable as aforeseid; and in thr cvent any sum of money betomes payabl~ u~iler soch polity or policies said MORTGAGEE shell have the option to receive and apply the same on account af the indebted- neat aecwed fioreby o~ to permit said MORTGAGORS to receive snd use it o~ any part thereof for onc~r pwposas, w+rhour fhneb~ waivir+q a ~mpain inp eny puity, li~n w right Undsr or by virtue of lhu mortg+ge; and in the •veni ~aid MORTGAGORS shall for any reason fail to keep ehe seid premisri so ins~ered, or fail ic defiver pramptly iny o~ ~sid policiea of insurance to aaid MORTGAGEE, cu f~il prompNy to psy fu~~y any pre~»ium therttor oc in any r~~p~ct fa7 ro perfarmr, discha~Qe, execvte, eitett, complete, canply with end ~bide by thit covwant, or any part hereof, said MORiGAGEE may place O~d pay for ~uch inwr~ncs or ~ny. part thtreof without waiving or affsctinp a~y option, lirn, tquity, or right und~~ w by virtw oF thi~ Mortqaqe, and the tull smount of each and e~ery su~h paymant shatl ba immedi~t~fy due and psyable and thall beat interast from tM dafe thueof ~ntil paid at the rete ol nine per centwn per a~um and togeiher with wth interest shali be sacured by tfie lien of this mwtgage. To permit, commit or ~uffer no waste, impairment or deterioratian of said property or any part thereof. 5. To pay all and singular the costs, chargea and expenses, including a reesonabfe attorney's fee and coeta of abstractt of title, incurred or paid at any time by said MORTGAGEE, beceuae or in thc event of the failure on rh- part ot rhe said MORTGAGOR to duly, prompt!y and fuUy perform, d~xherge. •xecvte, effett, comp;ete, comply with and ab;de by each and every the itipulations, +greements, to~ditions, and covenents oi said promissory note and thix mortqa,7e any or sither, and eaid coaty, cherges and expenees, each and every, shall be immedia~zly d~e end pay~bie; whether or not the:e be notice do- mand, aitempt to collect or suif pending; a,id the full amount of each and eve~y such payment shall 6eai interest from the date thereof until peid at the rate of nine per centum per annum; and all said costs, charges and expenses incu~red or paid, together w~th such inter~s!, shaH ba se~tured by the 1»n of thi~ matpeye. b. That (a) in the e~ent of any breach of this Mo~tgage or defavlt on the part of the MORTGAGOR, or (b) in the event any of reid sum~ of money herein referred to be nct promptty and fully paid within th~rty (30) days nex~ after the same severally betome due and payable, without demand or notice, or (c) In the event each and every the stipulations, agreemer.ts, cand~tians and covenants of aa;d promissory note and th:a mortgage eny or eithet are not ~uly, promptly and fully performed, discharged, executed, effected, completed, <o~nplied wlth and abided by, then in either or any such avent the taid ag- pregeta surrv mentior.ed in said promissory nore then ~emainirg unpaid, with interest accr~ed, and a~l moneys setured hereby, shatt become dua and pay- able forthwith, or ti,ereafter, at rhe ant;on ot said MpRiGAGEE, as fuily and completely as if all ot the satd su~nt of money were originelly st~pulated to be pa~d on such riay, arryihing in sa~d prom~ssory note or in thts hlortgage ro the conrrary notwithstand~ng; and thereupon or thereaftet at the option of seid MdRTGAGEE, without notica or demand, suit at law or in equiry, thereFore or thereafrer begun, may be prosecuted u if a!I moneys setured he!eby had matured prior to its ins+~rution. 7. That in the event that at ihe beginn~ng of or at any time pe~ding any su~t ~pon thie Mortgage, or to foreclose it, or to teform it, or to enforce payment of any claims hereunder, said MOR7GAGEE shaff apply to tne Court having jur'sdknon thereuf For fhe appointment of a P.eceiver, such Courf shall Forthwith appoint e receiver of sa~Fl mortgaged ptoperty all and singular, indud~ng al! and singular the income, profits, issues and revenues from whataver tource derived, each and every of wh~ch, i; being expressly understood, is hereby mortgaged as it specifical;y aN forth and detcribed in 1he qrenting end habendum clauses hereof, and wch Receiver shali have all the broad and effect;ve fun~t~ons and powers in anywise entrusted by a Cour1 tq a Receiver, and such appointmert shall be made by such Court as an admitted equity and a matrer of absolute right to said MORTGAGEE, and without reference to the adequacy or inadequacy of the va(ue of the property mortgaged or to the soiven:y or insolvency of said MOR?GAGOR or the detendants, and that such rents, profits, income, issues and rove~;ues shall be applied by such Receiver acmrding to the lien or equiry of said MORTGAGEE and tha practice of suth Court. 8. To duly, promptly and fully perform, discharge, execute, eifect, tompfete, compiy with and at,ide by each and every the efipulations, egreements, conditions and covenants in sa~d promissory note and th~s mortgage set forth. 9. That in the event the ownership of the mortgaged prem~ses, or any part thereof, becomes vested in a peraon other tha~ tht MORTGAGOR, the 410RTGAGEE, its succerore and assigns, may, wirhouf notice to the MORTGAOR, deat with svch successor or wccesaor in inrere:s wirh reference to this mortgage and the debt hereby se.ured in the same manner as with MortGagot without in any way vi~iating or d~schargcny the Mortgagars' liability herr under or upon the deb~ hereby secured. No eaie of the ~remises hereby mo~tgaged and no forbearance on the part of the MORTGAGEE or its successors or easic~ns and no exrension of the fime for rhe payment ot the debr her?by secured giver by the MORTGAGEE or irs sutcessors or assigns, sha~l operate 1o release, discharge, modify change or aftect the o~ig~nal IiabiGty of the MORTGAGOR herein, either in whole or in part. 10. It 1s specifically egreed that lime is of the essence of th~s ccntract and that ~o weiver of any obligation hereunde~ or of the obiigation se- cured hereby shali at any time thereafter be heid to be a waiver of the terms her~of or of the insrrument securod 'nerby. 11. In add~tio~ to the forego'ng monthly payn:enrs oF prinCpal and interest requ+red by the prom;ssory no!e secured hereby, morigagor covenar,"t• ard agrees to pay to mortgagee with each m,onthiy pay:,~ent an adJ~rional sum es,;n~ated b~ rnortgagee to be equal to l; 12 of rhe annual cns! 04 the f~llow- ing: A--AII real property tazea levied or asszssed agai•,st fhc a6ove descibed real esra!e. B--Premiums on fire ar.d windsronn in,urar.te as here~r. requ;red to Le carried en the improvement~ s~tuate on the above described premises. C-Prerr~ums on such mortgage guaranty ir.surance as mortgar,ee shall frem tme to time deem fit to carry on the loan secured hereby. MortGagee sha!I frcm ti:ne to time notify mprtgager in wr~tirg of the art ou~~t due and payabie hereunder and svth sur, sha(I ihcreupon be Cfue and ~ayable on the d~e date of the next nionthiy payment r_:id eacn successive month thereaft~r ur.tii mortgagee shall rotify mortgagor of a change in such amount. Such sums shail be app!ied by mortgagee toward t%,2 payment of real property taxes, ins~rance prem;ums, a~~d mortgage guaronty insurance premiums. IN WITNESS WHEREOF, the sa~d MOR7GAGOR has herevnto ser his haed and seal rhe day year first aforesaid. ~ ' ned, ealed a~delivere ~~p//r,,qsence of: ` ~ ~ - ?L ($eet) ~ - (5eeO - - • - (Seaq (Sea!) STATE OF FLORIOA ~ ~ COUNTY OF S t. LLiC 1@ 1 Before me personally appeared De &I2 GADl ° ~ and EdnB M. Gable his wife, to me well known and known to me to be the irdirid~~ts described in and who executeci the foregoing instrument, end acknowledged before me fhat ihey executed the same for the purposes therein expressed. And the eaid dn a~. Gab 1 a wife of the aaid DB $Tl Gabl e upon a separate and private examination by me taken separate and apart from her said husband, acknowledged to and before me that she executed said instrument freely and volun- lerily and without any compulsinn, constreint, apprehens~o~~,~ear of or fmm her aaid husband. WITtdE55 my hand and official ~eal this _ day of ~piJP.i?'t~ ~ a. Q. ~p~ . _._.~`e? a' ~ -~C ~i _ Notary Pubti~ in and fot th8e SY 1~ f1Qti_~a ,t~ I~~,, t~ fV LAf U..,.i, C • 1 My Commixsion expirss: 9e Return 70: CORV~D 1~I?y Commi:~ian txpi:es t~ar. 3, i9b4 Firtt Fcderal Savings 8. Loan ~;aqai~or~~ Q R E e O Q K `opded 8y Am~ncan F~t~ d C..~.ny Of Forf P~e~ce. l.C 7. ~ Fqrt' Pi§tce, Plorida~'. ~ _ ~ ~r- ~ ` ~ . . . ~ ~ 'i ~,.~.C.v . ~ ~ ~ - - ' •",''•d J ~ ^ ~ ~ • ,7 ~ , i^ ~ t~ r. • ? - '.1 q~+t`.... . ' ' 'V~ ~a• ' . 'w . . - ^ r . ' . . ~ . . ~ ~ J - ~ ~~E; r,t~~. N~YRK . . . ~ . • `~c`:' ~ST. LUC~ R ~A ~ , ,..~'°~v F1..0 ,1~~> ~ ~ •.L~'\ ~ . . . . ~~a~130 ~~3 ~