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Home My WebLink About0137 3. 7o place and centinvov~iq keep on rhe bul'd~nc~s new or hereafter s~fuate on ~aid land and on ell eq~ipmem snd penonelly cove~ed by thia mortg• •gs, wEth sll p~emlums thercon pe~d in f~ll, fire ins•~rencr ~n rhe ~,suat staiidard po!Icy ferm, in ~ s~m epproved by the MORiGAGEE, and windstorm i~~urance in the uwal standard pol:c~ form, in e sum dpp%oved by the MORTGAGEE, in such company or companies aa the MdR1GAGEE may direct; mt! all fire and windstorm insurance poGcles en any of snid bui!d~ngi, eny interest therein or part thereot, in the aqgiegete s~m ~foresaid or in excess thereof, ~nall confain the usual stanaard morrg:~gee cla~se or wth orher dause 83 the Mortgagee may requlre, makinq the loss under ~aid poli- cies, each end every, peyable to sa~d MORTGAGEE as ~rs interesi ma.r appear, end each and every such poiicy shall be promptfy ass gned and deuvered +o •~y held by ia~d MORTGAGEE as further sec~rity ro sa~d n,ortgage d~bt, and, not lese tha~i ten (101 deys in advancc of the expiration of each poficy, to da- liver to said MORTGAGEE a renewal thereof, io9ether with a rece~pt for the premium of such renewal; and there shail be no fire or windstorm ins~rance placad on any of said buildings, any imerest there~n or part ther~of, unless in the fonn a~d with the loss payable as aforesaid; and in the evem any sum of monay becomea payable under such policy or poGcies sa;d MORiGAGEE shall have the op?~en to reteive and_apply the same on acco~nt of the indebted- nest secured hereby or to perm~t aaid MORTGAGORS to receive and ~se it or any part thereof for otner purpeses, w;thout Ihtrri~y w~ivi~ig or ur~p~ir inp any equity, lien or right under or ~y virrue of this mor:gage; and in the event sa~d MORTGAGORS shall for any reason fail to keep the said premises so i~sured, or fail to daliver prompily any of said poi~cies of insurance ro said MORTGAGEE, or fail prompNy to pay fully, any prernium therefcr or in a~y ro~pec~ fail to perform, d;scharge, exewre, effect, complere, comp~y wiih and abide by this covenant, or any part hereof, said MORTGAGEE may place a~7d pay for such inwrance or any part th~reof without waiving or affecting any option, lien, equ~ty, or right under or by virtue of this Mortgage, and the full amouM of each and e~e~y a~ch payment shall be immediately due and payable and shail bear interest from the data thereof until paid at the rate of nine per centum per annurn and togeth~~r wifh such inter~st shaii be s~~c~red by the lien of this moriga~e. A. To permit, commit or suffer no wasfa, imy~airment or deterioration of said property or any part thereof. 5. To pay all end singular the costs, charges and expenses, inclvding a reasonable attorney's fee and costs of abstracts of title, inturred or paid at eny time Fiy said AICRTGAGEE, because or in ihe even! of the failure on the part of the said MORTGAGOR to duly, promptly and f~lly parform, discharge. execute, effed, compiete, comply w~th and ab,de by each and every the stipu;at~ons, agreen,ents, condit;ons, and covenanrs of sa~d piomissary note and this mortgage any or e~ther, and sa~d costs, charges and expenses, each and every, shall be immediately dve and payable; whether or not there be notice da mand, ettempt to ccikct or suit pend~ng; and the full amour.t of each and every such payment shail hear interest from the da!e thereof unril paid a1 tne rare of nine per Ccnium per annum; and all sa~d cos~s, charges and exp=nses incurred or paid, together ~v,th such interest, shall be secured by the lien of thi~ mortgaqe. 6. That (a) in the event of any breach ef this Nlortgage or default on the part of the MORTGAGOR, or (b) in the event any of eald sums of money herein referred to be not prornptly and fully paid within th,rty ~,30; days n_xt asrar the same sevcraily become due and payable, without demard or notite, or ;c) fn the event each anc~ every ihe sKp~:ations, agreements, condi;ions and covenants of sa.d promissory note and this mortgege any or either are not ~uty, promptiy and f~lly perfermed, d:scharged: executed, effected, compfe?ed, comp!ied with and eb~ded 5y, then in ei!her or any such evem the said ag~ gregate sum mentioned in said promissory note then remaining unpaid, wirh inter?;t accrued, and a~i moneys secured hereby, shall become due and pay- able forthwith, or thereafter, at the opt~on of said h'ORiGAGEE, as fuliy and comp!etely as if alf of tl~e said sumt of money were orlginatiy stip~leted fo be pa~d on wch d~y, anything in sa:d pro;n~ssory note or in th~s hlortgage to the cornrary norwithstandiny; and rhereupon or thereafter at the opt~on of seid MORTGAGEE, witho~t notice or demand, suit at law or in eq~ity, therefore or thereafter begun, may bt prosewted as if all moneys setured hereby hed matured pnor to ~ts instit~tion. 7. That in the event that at the beginn~ng o' or at any time pend~ng any suit upon thls Mortgage, or to foreclose it, or to reform it, or to enforce paymeM af any daims here~nder, said MORTGAGEE snail apply to the Court having jur~sd,ct~on thereof for the nppointmeni of a Receivet, sv~n Court shaii forthwith appoir.t a receiver of saiF3 mortgaged property aIl anci sii;c~u~ar, incl~d:ng all and singuiar fhe ir.come, profits, isa~es and revenues f~nm whatever tcurce derived, each and every uf wh[ch, It b~ing express!y ~nderstood, is hereby mortgaged as if spec~fically set forth and described in the granting and hebendum clauses hereof, and s~ch Receiver shall have ali the broad and effect~ve fur.:t~ons and powers in anywise entrusted by a Court tQ a Receiver, bnd such appointmetit shall be made by s~ch Court as an admitted equity and a matter of absolute r~ght to sa~d MORTGAGEE, and witheut referente to the edequacy or inadequacy of the vai~e of the propzrty morrgaqed or to the so'~ver.cy or in~olvency of sa~d MORTGAG02 or the defendanta, and th.~t such rents, profiis, inrorne, iss~es and revenues shalV be appiied by such Receiver according to the lien or equity of said MORiGAGEE and the praUice of such Court. 8. To duly, promptly and fulfy perform, discharge, execute, effect, comp(ele, compiy with and abide by each end every the stipulations, agreements, conditions and covenants in Sd1C~ PfOfT713501V note ar.d ihis merrgage set furth. 9. That in the event the ownership of the mortgaged prarnises, or any part thereof, becomes vested in a person other ihan the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, witho~i re~ice to the MORTGAOR, deal wiih s~ch successor or wceessor in interest with referen:e to ihis morigage and ihe debt hereby secured in the seme manner as whh Mort~agor without in any way vir;ating or dischaig~ng the Mort~agoia' liability here- under or upon the debt hereby sec~red. No saie of rhe prem~ses hereby mortgaged and no forbearance on the part of rhe MORTGAGEE or its successors or es:igr,s and no extension of the time for the payment of the debt hereby securecl g~ven by the MORTGAGEE or its auccessors or assigns, ahall operate 1o rolease, discharge, modify char.ge or affect ihe crig~nal liab:liry of the Pl,ORiGAGOR here:n, either in who!e or in part. 10. it is speufically agreed that time is of the essenc~ ef th~s conrract and that no waiver of any obliganon hereunder or of the obligation se- cured he~eby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument sacured herby. 11. In addlt;on to th~ foreoo'ng mcnahly paymen?s of princ pal and inrarest required by the prom ssory no!e secured hereby, mortgagor eovenants ana agroes to pay to morrgagce with eath ir,onth'y pay~..ent an ac::.rienvl aum esr:n ated b~ mortyayee to be equal eo l; 12 of rhe arnual cost of ihe follow- ing: A-All real property taxes levieu' er assesscd ag ~i•,st tFc aeove des~~ibcd real es+ate. B-Premiums on fire and wir.dstorm insurarce as here~n requ;red to be carried en tne improvementi situate on th~ above d_~cribed premises. C-Premiums on such mortgage guaranty irsura~.ce a; n~or!gagee shall from r'm~ to timc C~tET fit ro carry on the loan secured hereby. Mortg?gee shai! fran ti~n~ to t~~,e nor~fy mc~rgago• ~r. •r;rit.ng of the ar,-.o-~~t d.,e and payable hereunder ar.d such su~n shall therevpon be due and Fayab!e on the dr~ na!e of rne next n;onth'.y p;yn,:~nt and e~ch su.cessiv2 mcnth tf~~e;eaftsr ~r.til mortgayee sha!I notify mortgagor of a char.ge in such amount. Such sums sF~ail };e app!ied by mortgagee ~oxard ti,e ~a~n•.ent of rea~ property taxes, inwrance prem;ums, ard mortgage guaranty ins~rance premiums. IN WiTNESS V:HEREOF, ~he said MORTGAGCR has hereur!o set his ha~;d and scal th= day and ye~r first aferesa~d. ' ned, S!ed and delivered the orel.sence of: ~ /,,.~_~G , (5eal) ~ L1t.z ~a ~ Y1 - .`L~_ ;~Lt~~•_~_.. ' C'~e~a~/ iSeel) _ -(xal) - - - (Seal) STATE OF FLORIDA ~ 55. COUNTY OF i pt i t?C ~ Before me persor.ally appeared ~;'~~~'~PZ'K~8 _ _ and r;1F'QY'O ?J ~rlprl:l.e n~: wife, ro me well known a:~d kno.vn to me !o be the ird~viduafs described in and who executed the fore~oing instrument, and acknowiedged before rne that th=y execured the same for ihe purposes fherein expressed. And the sa:d___ _ C~ C'OY'~1 u„ MPT']{~ P ~ wSfe of !he sa~d __~~P~:`fi T`'!Arkl upon a separate and private examinatlon by me tai:er separate and apart frcrn her sald husband, a~knowledged to and before me that she exewted sa;d instrument freely and volun- farily and vvitho~t any compulsion, co~shaint, apprehens;on,~f_ar of or frcm her said h~36and. W17NE55 my hanu ar,d effical seal this______._l~D_.'-__-__ day of--~L'LP.~1 - . A. D. 19_£1~_ / ' ~ tvotary Public in and for the StatE of Florida at large . My Commission expires: R~r~~~ zo: Notrry Pnb!i;. State ~i Ficr.da at iarge first federal Savings d~ Loan Associat:or. F~' F~j j(~, E~, R D E D ~Y ~Of'1!T1iS51~n E t~ires Nov. 3, ~~6~ ~iF'.,lrt ~~j:~ R e~~.,~~ f,-<. f. f s c-. Of forf P~~e'ce. ~~t VIl~bi{~~ ,~Qa}~ cel;r Co. fott Pierce, florida J'Ji jj / ~G G~Yi4 ~ ~ ' . . '~5 hOV I 6 PP~1 ~ : 05 - 1`$.l)~~~`~ ' ~ r, ' ~-:-r i~: i:~ERK . . ~ R ~ ~ ~ tiTY, ' ; . • Si. L.UCit COU ~ rLORIDA v(,;•, . . . 600~ ~31 ~31 . ~ ~ . . e - - _ _ _ _