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Home My WebLink About2343 9. To plece e~+d continuo~ely keep on !he bui'd~ngs now or hereafter situate on said land and on ell equipmem and penbnelly covered by this morfg- ~gs, with •II premiums fhereon pe:d in full, fire in~~ra~~cc ~n the us~al sranderd poticy for~n, in • sum epproved by fhe MOR~IiAGEE, ~nd windsrorm i~surence in tF~e usual standard p~l:cy forrn, in e sum approved by the MORTGAGEE, in fuch company o~ tompanies ai ihe MORTGAGEE may diratt; •reti alt fire and windsrorm inwrence policies on eny of sa~d build~ngs, eny interest thertin or part thereoF, in 1he agg~egatc tum aforesaid or In ~xctss thereof, shell :oniain the usual standaid murrg~gce clausa or wch other clause es the Mortgagee may requ~re, making the Ioss undrr said poli- tiss, each and every, payaole to se~d MOR7GAGEE as ~ts interesr m~y appcar, and each and e~ery such pol~cy shall be promptly ass gned and delivered to •ny held by sa~d MQRIGAGEE ss further secvrity to sa~c~ mortgage debt, and, not less than ten (10) deys in advance of the _xpiration of eacfi pol~cy. to da (iver ra ~aid MORTGAGEE a renewal thereof, toge~her with a rece~pt for the premium af auch renewal; and there shall be no t~re or windstorm inturance plsced on any uf said build~ngs, any inrerest thrre~n or pari ihereof, unless in the form and with the loss payablz as aforesaid; and in the event eny sum of monay b~comee payable undet s~ch poticy or pol~cies saici MORTG.4GEE shall have the uption to receiva and apply the same on accouro of the indebted• ness iecured hereby nr to perm~t safd MORTGAGORS to receive and ~s~ it or any part ther~~of for orner pu+posrs, v~~.hout thrru~ wai~fn~ or ~mpair- infl any equity, lien or righ~ under o~ by virrue of this mo::gage; and in the eveni sa~d MORiGAGORS shell for any reason fail to keep the said premises so insured, or fail to deliver promptly any of aaid poi:cies of insura~ue to eaid MOfiTGAGEE, or fail promptly to pay fully any premium therefor or in any re~pect fail to perform, d~scharge, exec~te, effect, compirtr, comply wirh and ab~d~z by thi~ covenant, ur any part hzreof, said MORTGAGEE may place and pay for suth iniura~c~ or ar~y part thereof without waiving or affectiny eny oprion, lien, equity, or r~ght unde~ or by virtue of this Mortgaye, and the full amount of each and every s~ch paymant shali be immediately due and payable and thall bear interest from the deta thzreof until paid at the rate oi nine per cenr~m per annum and to~ethrr with wch inter~st shali be srcured by fhe lirn of this mortgage. 4. To permit, commit or suffer na waste, impairment or deterioration of said property or a~y part therecf. 5. To pay all and sing~lar the costs, cherges and expenses, ~ncluding a reasonable atromey's fee and costs of abstracts of title, incurred or paid a~ eny time by sa~d MC7RTGAGEE, because or in the event of the failure on the part af the said MORTGAGOR to duly, prornptly e~d fuliy perfprm, discharge, execute, effed, comptete, comp;y w~rh and a~:de by each and every tha sripulat~ons, agrremenrs, cond~~ione, ~nd cover.ants of sa~d promissory note and th~~ mortgage any or e~ther, and sa~d cosr~, charges and expenses, rach and every, shall be immediatefy due and payable; whether or not rhere be r,otice d.r mand, attempt to collett or suit pending; and the f~ll aniount oi each and every s~<h payment sh„II bear intere~t from the date thereof until paid at the ~ate of nine per centum per annum; and all sa~d costs, charges and expenses irxurred or paid, together w;th such intere~t, ihall be secured by the lien of thi~ morfgs9e. 6. That (a) in the evani of any brea;h of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of sa~d sum~ of money herein referred to be not promptly and fully pa~d w~th~n th~rty (30) days next aTt~r the same severa!ly become due and payable, without damand or notica, or (c) in the event each and every the stipulat~ons, agreements, condrtions and cover.anrs of sa,d promissory note and th~s mortgage eny or either are not ~uly, prompHy and fuHy performed, dlscharged, executed, effec!ed, comp~eted, complied wirh and ab~dzd 5y, then in eilher or any such evem the said aq~ ~regate sum mentioned in said promiuory nore then remaining unpaid, wirh interest accrued, and alI moneys secured hereby, shall become d~e and pay~ able forthwith, or thereafter, at the opr~on of said MORTGAGEE, as fully and comptcte~y as if all of the said sums of money were or~ginatly st~pulated to be pa~d on euch day, anything in sa;d promissory note or in this Mortgage to the contrary noiN~~thstanding; and thereupon or ihereafter et the option of seid MORTGAGEE, without notice or demand, svit at law or in equity, therefore or therzafter begun, may be prosecuted as if all moneys ~etured hareby had matured prior to i:s institution. 7. That in the event that at the beginning of or at any time pending any auit upon this Mo~tgage, or to foreclose it, or to reform it, or to eniorce payment of any claims hereur,der, said MORTGAGEE shail .pply to thc Court having jurisd:ct~on the:eo4 for she appointment of a r2eteiver, such Court shall Forthwith appo+nt a receiver of sai~ mortgaged property a!I and sing~iar, includ~ng ail and sing~lar the income, profits, issues and revenues from whatever wurce derived, each and every of wh:ch, it being expressty understood, is hereby mortgaged as if apec~iically set forth and described in the gron!ing and habendum clause~ hereaf, and such Receiver shall hav~ all tne bread and effecrive f~r.ct,ons and powers in anywise emrusted by a Court to a Receiver, and wch appointment shall be made by such Caurt as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the " adequacy or inadequacy of the val~e of the property nartgaged or to the so.~•ency or ~nsoivency of said MORTGAGOR or the defendants, an~ fhat such rents, profits, income, issues and revenues shall be apptied by such ~2eceiver accord~ng to the lien or eyuiry of said MORTGAGEE and the practice of such Court. 8. To duly, oromptly and fu(ly perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulatic+ns, agrtements, 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 ~art thereoF, becomes vested in a Qe~cun other than the MORTGAGOR, the MURTGAGEE, its sutcessors and ass~gns, may, withour nerice to the MORTGAUR, deal with such successw ar w<ceesor in imerest with referenca to thi~ mortg~ge and the debt hereby secured in tha same manner as with Mortgagor wirhovt in any way vitisting or d~scha~ging the Mortgagors' liability herr under or upon !he debt hzreby secured. No sa!e of fhe prerr~szs hereby mortgaged and no forbearr~nce on the part of the MORTGAGEE er it• successori or assigns and no eatension of the time for the payment of the debt hereby secured g~ven by the MORTGAG~E or its successors or assigns, shal~ operate to re!eese, d~scharge, modify thange or affect the origlnal Iiab:Gty of the MORTGAGOR herein, either in whoie or in p3rt. 10. It is speufically agreed that time is of the essenca of this contrect and that no weiver of any obl~gatian hereunder or of the oblipetion sr tured hereby ahall at any time therea'.ter be he!d to be a v~aiver of the te:ms hereof or of the instrument secured heiby. 11. In add-tion to the fo~ego'ng monthiy paymen~s of pri^c p~I and interest reqoired b~ the prom"ssory no~e secured hereby, mcrtgagor eovenantt and agrees to pay ro mortgagee w;rh each momhiy pa~r .ent an ad:i~,ional sum est:n,ated bi mortgagee to be equai to 1; 12 of the annual tost of the follow- ing: A---AII real property taxes levied or assess_d aq3i~.st t't,c at~ove desc~~~~d real esrate. B-Pr.miums on fire ard wi~idstonn ir.wrarce as nerc~n mqv:red to be carried en the im;:rovemeMS situate on the above destribed premises. C-Premi~ms on such mortgage guaranty ir.svrar,~_ as mortgaaee shall froT t me to ti~r:~~ deem fit to carry on the loan secured hereby. Mortgagee shatl frem rirt;e to timo norlf; merfc;agor ~n ~xrlNng or the amouat d,,e ard payab'e hereund~r and such s~~~ sha!I ihereupon 5e due and payable on the due da!e of the nezt r,~~o;;thi; paynrant a,:d e::ch svccessive m.onth thereaft~r ur:til mcrtgagee shall notify mertgager of a change in such amount. Such surns sF.ail be app':ied by mortgagez tov,ard tFe f.ayren! of real propeny taxes, insurance prem;ums, and mortgag~ guaronty insurance premiums. IN WITNE$5 'F/HEREOF, the said MORTGAGOR has hereunto set his hard and seal ihe dsy and year fint foresaid. Signed, Se ed and ered in the presence of: ~ ~ _ (Seel) _ , 7 ~ ~eel) (Seel) .(Seal) STATE OF FLORIDA COUNTY OF S.~':~_~l1,LC~~ ( Before me perso7al(y appeared t~0181'lC3 ~ N C~'] O~ $ C1L1 - and j~ ab ° th S~l ~ n°~ ~Q~1 his wife, to me we~l known and known to me to !~e the individuals described in and who exea~ted the foregoing instrument, and atknowledged before me that they executed the same for ihe purposes therein expressed. And the sa~d _~~~1 S Ab ~ t~l S. N i ehol s on wife of the said _ R n 7 An d F7, ~ N ~ C~1 Q 1 S~'1 , uaon a separate and privaTe examination by me taken separa;e and apart from her said husband, ackno.vledged to and before me that she executed said instrurrent freely and volun- tarily and witho~t any compuls~on, constraint, apprehens or fear of or trorr her said husband. WlTNESS my hand and official seaf this~.~~ ~ ~ day of _~D=LF'~~L°..r' , A. D. 19~2~._ Notary lic in and for ihe 5tate of Florida at Large ~ My C mission expiref: Return To: First federal. Savinp'~~di:~n Association DED NOtafy PUbhC, 3t~t4 Of t!Of?de ~t LafgQ -,~4~~ f d.~EU' ' N ~ V~ R ~ Q F~ "~~y Comm:ss on Exp res Au~. 6, 1467 ..4~i.. F~~ ~tia~ Boncitd By ArrenCan Sunty Go. 4f N. Y. ',~~;t•13ierce. FlcAvd~j,~•_ • ~ , ~,~t~~~~;tl~r~: ~ 4 ' Q - ' ~ . y : - ~.a 'j", s-'' ~ \ 1 ~ t'~t`{ ~ ~ '.r•~C , _ . s ° : ,~5 Z:~~! ~ ~ ~~~~1 ~ - ~ JG, ~"j~'~~M~= . C:-~-~~ : - . ' • , r. , : , . 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