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Home My WebLink About0141 3. To plece end conrinuv~siy krep on ~he bui'd~ngs now or hereaiter situa!e on said land end on all eq~ipme~t •nd personally covered by this mor?g- ~ge, wilh all prcmivms thereon paid in full, fire insurante in the us~a{ sfandard po~ity form, i~ a sum approred by the MOR,GAGEE, and windstorm insuronce in the ~wal srandard pol~cy form, in a sum approved by the MORTGAGEE, in such compnny or companie~ as the MORTGAGEE may dirett; and all fire and w~ndstorm insurance polities on any of sald build~ngs, any intaest therein or parf thereof, in Ihe aggregate •um aforesaid or In sxcets thereof, shall contain rhe us~al standard mortgagee dause or ~uch other cia~se as the Mo~~gagee mey require, making the los: under ~a~d pol'r tirs, each and every, peyab!e to said MORTGAGEE as ~ts inrerest may appear, and each and every such pol~cy shall Ix prompily ass gned and delivered to •ny held by seid MORiGAGEE as further security to said mortgage debt, and, not leas than ten (10) days in advante of the expiration of each po~i:y, to de- live~ ta taid MORTGAGEE a ronewal thereof, together with a rece~pt for the premium of ~uch renewal; and there snall be no fire or windstarm insurance pleeed on any of said buildings, any interest there~~ or part thereof, unles: in the form and ,nrith the loss payable as aforesaid; and in the event eny sum of money becomes payable under s~ch polity ar pol~cies seid MORTGAGEE shall have the option Io receive and apply rha same on accu~nt of the indebted• ness secured hereby or ro permit aaid MORTGAGORS to receive and ~se it or zny part thereof for othe~ purposes, w~tho~t th~icb~ .v~~vi~i9 or ~mpair- infl any equity, lien or rigM under or by virt~e of this morfgage; and in the evem ~sid MORTGAGORS shall for any reason faii to keep the said premises so ineured, or fail to deliver promptly any of said policies of insurance to said MORTGAGEE, or fail prampt~y to pay fully any prernium therefor o~ in any rospect fail to perform, distharge, execute, effect, ~omplete, comply wirh and abide by thi~ covenant, or any part hzraof, said MQRTGAGEE may piace and pay for such in~urante or any part thereof without waiving or affecting any option, lien, equity, or right under or by virtue of this Mortqaye, and the full amoum of each and every such payment shal~ be immediately due and payable and shall bear iroerest from the date thereo# until paid at the rate of nine per centum per annum and to~ether with such inr~rest shall be secuted by ihe lien of this mottgage. 4. 7o permit, commic or suffer no wasta, impairmeM or deterioration of eaid property or any part thereof. S. To pay ail and singula~ the cos!s, charges and expenses, including a reasonable attorney's fee and costs of abstracts of title, incu~re~ or F~~d at any time by said MORTGAGEE, because cr in fhe event of the failure on the part of the said MORTGAGOR to duly, p~omptiy and fully perforrn, discharga, axecute, effe<t, tomplete, comply with and ab:de by each and every the stipulations, agreements, conditions, end covenanrs of aaid promissory note and thls mortgege eny or either, and said C03f3, chargee and expenses, each and every, shail be immediatefy dve and payabie; ,whether or not there be r,otice de mand, attempt ro col~ect ot suit pend~ng; and the fuli ama~nt of each and every such paymeni shall bear interest from the date thereof until paid at the rate of nine per centum par annum; ane~ ali said COS15, charges and expenses ~ncurred or paid, together w~th such interest, shall be secured by the lien of thi~ morfgage. 6. That (a) in ihe event of a~y breach of this Mortgage or default on Ihe part of the MORTGAGOR, or (b) in the event eny of said aums of money heroin referred to be not promptly and fully paid w~rhln th~rty ~30) days next a•ter the same sevcra'ly become d~e and payable, wicho~t demand or notice, or (c) in fhe event eath and every tne stipu~at~ons, agreements, cond~tior7s and covenants of sa,d promissory note and thls mor~gage any or either are nat ~uly, promptly and fully performed, d:scharged, execured, effected, completed, complled with and abided 5y, then in either or eny such event the said ag• gregate sum mentioned in said promissory note then remaining unpaid, with interest accr~ed, and a~l moneys secured hereby, thall become due and pay- abie forthwith, or thereafter, at the option of said MCRIGAGEE, as fully and complerely as it atl of the said sums of money were originelly stipulated ro be paid on such c~ay, anything in sa d prom~ssory note or in this Mortgage to the contrary n~twithstanding; znd thereupon or thefeafter at the op~ion of teid MdRTGAGEE, wirhout notice or demand, wit at law or in equiry, therefore or thereafter begun, may be pro~ecuted as if a!I moneys sewred hereby had matured pnor to ita inst~tution. 7. That in the event that at the beginn~ng oF or at any time p~nding any suit upon this Morigage, or to foreclose it, or to refo~m it, or to enforce pnyment of any tlaims hereunder, said MORTGAGEE shall apply to the Coun hav~ng jvrisd;etion thereof for the appainrmeN of a Receivar, such Coun shall forthwith appoirt e receiver of sai~ mortgaged property all and singuler, includ~ng alf and sing~lar the income, profit~, isa~es and revenues from whatever wurce derived, each and every of which, it being expressly undersrood, is ~ereby mor~gaged as if epeGfically set forth and described in the gran~ing and habendum c!auses hereof, and such Rece~~er shall have aL' the t~road ard effective funct,ons and powers in anywise entrvsted by a Cowf tq a Recei.~er, and wch appointment shail be made by such Court as an admithad equ~ty and a matter of absolute rigM to said MORTGAGEE, and without reference to the adequacy or inadequacy of the value o` the property mortaaged or to the sotvency or insoivency of said M(?RTGAGOR or the defendants, and that ;~ch rents, profits, income, issues and revenues sfiall be appiied by such Receiver accord~ng to the lien or equity of taid MORTGAGEE and the praUice of iuch Court. 8. To duly, promptly and ful!y perform, discharge, execure, effect, complete, comply w~th and abide by each and every the stipufations, agreemente, conditions and covenanrs in said promissory rote and th:s mortgage set farth. 9. Thet in the event the owr.ership of the rr~crtgaged premises, or any part thereof, oecomes vesfed in a person other than the AAORTG~GOR, the MORTGAGEE, rts successors and assigns, may, wirhout notice to the MORTGAC~R, deaf with such successor or wccesior in interest with refere~ce to tnie morigage and the debt hereby secured in the same manner as with Mortgago~ without in any way vitiating or d~scharging the Mortgagori' liabii9ty here- under or upon the debt hereby secured. No salr of the Fremi;es hereby mortgaged and no forbearonce on the part of the MORTGAGEE or its wues5ors or assigns and no extensian of the rime for the payment uf the debt h~reby secured given by the MORTGAGEE or its auccessors or astigni, sliall operate to rolease, discharge, modify change or affect the original liabil~ry of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obl~gat~on hereunder or of !he obligetion ax- cured hereby shail at ary time thereafter be held to be a waiver ef the terms hereof oi of the instrument secured herby. 11. In add,re? to the forego r.q month!y paymen~s of p~in: pal and inrerest required by the prom"ssery nore secured hereoy, mortgagor eov~er.ants and agrQes to pay to mortgagee K'11f1 each mon,hiy pni~..ent an add~~~onal sum esrin.ated by mortgagee to be equal to l;'12 of ti~e anr~al cast of the follow- iny: A-All real ~.roperty taxes levica or assesseci ag~i•~sr tf,c above desc~ibed real es'ate. B-Prerr~iu•ns on fire and ~.vindslonn insura~ce as i~ere~n requ~red to be carried on the im;:ruvementa s~r~~at~ on the above d~scribed premises. C-Premiums on such mc:tgage guarznty insurar ce as ina!gar,ee shail frem t'me to t~~^e d~•em fit to carry on the loan secured hereby. Mortgagee sha!! .<rom time to time norify mertgag~~ ~n wr~ting ~f tne aTo,;~t du^ and payable hereundar and s~ch su•n sha!I thereupon be due and payab;e on tha d~e da!e of rhe next month:y payrnent ar,d ecch svccessive m.onth thereaftcr ur,til mcrtgagee shall not:fy mortgagor cf a change in wch emount. Such sun~s s~aii be applied by mortgagee toward the paymem of real property taxes, inaurance prem;ums, and mcrtgage guaranty insurance premivms. IN V~ITNES$ `fJHEREOf, the said MORTGAGOR has ~~ercu~to set his har,d and seal the day and year first af esaid. ntd, Se~led an eli ered in the presence oF. w W . l • (Seel) ~ r- ~ - ----~--tSeal) ( _ !Seel) _ ~ _(Sea I) STATE Of FLORIDA COUNTY OF S t._ Luc i e i ~ Befnre me pencna~ly appeared ~ther M lrUt 7,_r & W~C~OW,~ bnd _ _ "h}s wife' fe me well known end known to me to be the individualy described in and who executed the foregoing instrumert, and acknow!ed;;ed before me ihat $hey^ exec~ted the same for the purposes therein expressed. !?ndwM+e-aaic~ - _ - - - wifr-of iF~c -aa'rd - - ~ ._._..'vFsan v ~sepasa?e-an~ iprPrare erem+netivn ~T m~ fbkerr 7eparete'Errt~apdtt~f~om~hEt'sai~ htiSb3nd,~azk~+ovdfedge~ro andt~far~ me~ fiat zke zzecure~ said-trrsrrvmmrfmlT a„d ~ro~vn-~ +-•:I~c and.+ti:thowt.aoyr~vr~wleioa~-~wswain~ ~ppwhe~si~wr ~r-fsa? ~f-w.frw?, he.~iaW ~wbs~d.~ r WITNESS my hand and officiai seal this day of \ - - A. D. 19_~ ` hotary Publi: in and for the State ,d~ FFbridp •at {ar8e My Commission ezpiret: 4 ~~~;',j r2eturn 70: ' , • ~ ~ AN E C 9 R ~ NO7ARY PUQLtC, ~p~,df'FCO Fint Federal Savin s& Loan Associatic • a~~~~OjY V Of Fcrt F;ere~. ~ ~t~~_. ~+v C01iM1113S~(~ EXPIRPS' ;qp+~A at~E- fort Pierre, F{cricla r n~ ~ , ~ ' . . ~ R~~~'~' 1~y i~ ~ C~t~C:~C Gt= 1 ' ~ - ,65 ~ov + 6 a ~ ~ . ~ ~ ; ; - - ~;t,:~. CLEt~K ~ ROu~~' ' ~1~ COUNTY. . ~ ST. LU ~ F~.oR~oa ~ ~aoK 131 ~3~ ~ . ~ ~ ~ _