The URL can be used to link to this page

Home My WebLink About1066 3. Tu ~!ac« end continuo~sly keep on the b.~i'd,ngs now or hereafrer ~~,t~ate on sa~d lan.i and o~ a'i eq~~p,.ment and pe~sona~ly covered by +his mortg~ ege, w:ih ail premiurrj thereon pa.J ~n fu!!, Fre in5„rance ~n tn~• ~sva~ srandorJ poi~cy form, ~n a s..n a~,pro~ed by thN ,MVR~C•4GEE, and windsio~m ~r~wrance in tne usual srar.dard po:.:y forrn, in a svm appro+ed by the MORTGAGEE, in wch co~i~pany er co~nnan,es as ihe h10R1GAGEE may direc±; and a!I fue an~ w;nd~torm ins~rante po:~ties on any of sa;d buiid.ngs, any interes~ tnere~n or pa~t ther2of, in the egg~egaie s~m aforesaid or in exceu lhereof, shall cantani ihe us~al stand~rd mor~gagte c~ause or s~~th other clavse as ~he Mo~tgagee may rey~;re, making the ioss ~nder said po!i- cies, each and every, payab'r_ re said MORiGAGEE as ~ts inter~st may appear, and each and every svch po::;y shail b2 premprly ~ss gned and delivered io any held hy said MORTGAGEE a3 iurther srcur;ty to said n,ortguge debt, and, no+ lesa ihan ten ~10) days in adrance of thr expirat;on af eath po~icy, :o de- Iwer fo sa~d :MORTGACfE a rertewa! the~eot, 1oge~her wiih a receipt for the premi~~m of such renewa!; ar.d there shall be no fire or winds!o~m insurance plecrd on any of said buildings, a~y iMerest therein or ~a~t thereof, ~n!ess in the form'and with the loss payab!e as aforesaid; and in the event any s~m of money b~comes payable under such policy or po~icies said MORTGAGf[ shall have the opt:on to rcCe~vB anc! ap~~ly the same o~ account o~ the indeb~cd~ neu secvred hereDy or to permit said MORTGAGORS to receive and use it or any part th.~reof ie~ o~'n~ r u~•; ~ses, ~:~ihou! fh~rro; ,v;;vi ~3 or ~n,p,;-- ing any ~qu~ty; lien or right ~nder or by virtue of this mo:!gage; and in the event sa.d MOn'T,AGORS sha!1 fcr any reason fail fo keep the aald premis'r~ so insu~ed, or faii to deli~er prompt;y nny of said pollcies of in:urence to sa:d MORTGAGEE, or foi! prompt;y to pay f~lly any premi~m ther?for or in any rrspect *eil to perform, d~scharge, execufe, rffect, complere, cornply wirh a~d ablde by thls covenam, o. any parr hereof, said MGRTGAGEE may pface a~d pey for such insurancc or any part thereof w~tho~r watving or affecting any oprion, Iien, eqv;.y, or righ~ under or by virtue of this Mortgage, and the f~ll amount of each and every such payment shall be immediately due and payable and shall bear interest from thz date tFereuf until paid at the rate of n~ne per cent~m per annum and to~ether with such intr.esr shali be sewred by the lien of this mortgage. 4. To permit, commit ~r suffer no waste, irr~pairment or deteriorarion of said properry or any pan thereof. 5. To pay alI and singular rhe ~costs, charges and exprnse:, ~nclvding a reasonab!e altorney's fee and :osts of abstracts of t~t!e, incurred or pa:d af eny time by sa~d MORTGAG:E, becausC cr in the event of the fail~re on the part ot the said MORTGAGOR to duly, promptly and fvlly perfonn, d~scharge exetvte, effeU, complete, tomply w~th and ab;de by each and every the stipuiat~ons, agreements, cond~rions, and coverants of said promissory nore and this ~7iortgage any or e~~her, and sa;d cosTS, chasges and expenees, each and every, sha~l be +mmediately due and payabie; whether or not ;here be no~ice dr mand, attempt to collect cr suft pend~ng; and the fuli amo~nt of each and every such paymem shail bear ;merest from the date thereof untii paid at the rare o! nfr,e per cenrum per an:,u n; an~+ al~ sa+d cosrs, charg~~ and expenses ~ncurred or paid, together w~tn wch interest, shail be sacured by the lien of th~~ mortgagc. A. That (a) in the event of any b~each of this Mortgage or defau:t on the part of thQ MORTGAGOR, or (b) in tne event any of sa;d s~ms of money fierein referred to be not prompt~y and fully paid within th rty (30) days ~ext after the sama severa!ly become due and payable, witho~t demand or notice, or (c) in the even~ each and every the stip~~atior.s, a9reements, conditions and Covenants of sa:d promissory note and th~s rr:ortgage any or either are no1 ~uly, prcmptiy and f~lly performed, d,scharged, executed, effected, c~mpleted, compfied with and ab~ded 5y, then in either or any svch evem the aa;d ag~ greqate :um menf;oned in sa;d prom~ssory note then remalning unpafd, wlth imerest accrued, and a11 moneys secured hereby, shal! become due and pay eble fortl~with, or thereafter, at the oprion of sa~d MORTGAGEE, as fully and completely as ii ali of thc said sums of money vvere orlginally sr~pu!ared to be pe~d on wth day, anything in ss,d prom~ssery ncte or in thiY hlortgage to the con~rary norw~thsr3nd;ng; and thereupon or thereafter at the option of ~a~d MORTGAGEE, w~thout not;ce or demand, suit at {aw or in equ~ty: therefare or thereafrer begun, may be prosecuted as if all moneys sewred hereby had ma~vred pnor ro ~ts instituhon. 7. That in the event thal at ;he beginning of or at any time pending any svit vpon ;his Mortgvge, or to fo.eclose it, w te reform it, or fo enforce payment of any c!aims he~e~nder, sa;d P~10RTGAG~E shall apply to the Court having jurlsd:aion the~eof fur the appo~ntment ef a Receiver, such Co~rt shail ~ortFiwith appainl a reteiver of said mortgaged property ail and sing~lar, includ,ng all a+~d s!ngular the income, profits, issues and revenues from whete+er tource derived, e~ch ar,d every uf wh;ch, ir be~ng expre5s'y understuo~, is hereby mortgaged as if spec~fically set ferth and descr~bed in the granting and Fabend~m da~ses hereof, a^d wth Receiver shat~ have ail the broad and effecnve funct,ens and powers in anyw~se emrusted by a Co~rt to a Receiver, and su:h dppoiiitmenf shall be made by such Court as an ad~nitred eq~ity and a matter of absolute right to said MQRTGAGEE, a~d wirhout reference to the adequacy or inadequacy of the va!ue o! the property mortgaged or tq the so.~~ency ar in;o',venty o( sa~d h10RiGAGOR or the defendants, and that such re~fs, profita, inceme, issues and reven~zs shaii be applied by such Receive~ accord:nq to the lien or equity of said MORTGAGEE and the practice of sucH Gourt. 8. To duly, prompt;y and fu!~y perform, discharge, execu:e, effect, complete, compiy with and abide by each and every the stipuiations, agre~ments, ionditier~s and covenanu m said promissory nofe and th~s mortgage set forth. 9. Thet in the event the ownersh~p of the mortgaged prem~ses, or any part thereof, becomes vested in a oarson other than the MORTGACOR, the MORTGAGiE, its successors and as<_~gns, may, withovt notice to the '~":ORTGtiOR, deai with such successer or wccessor ir. in!erest w~rh reference to thls mortgage and the debt hereby sec~red in the saro-~ ma~ner as with 1l,orrgagor w:tho~t in any way vit~aiirg or d~scha~g;ng the h5ortgagors' liabi!ity here- under or upon ihe deb• hereby sec~red. No sai? of rhe premises hereby mongaged and no forb?arance on the pan of the t,10Ril,,AG'rE or iss successors or ass~gns and no exten;io~ of the time for the paymert of the deb+ hsreby secured given 6y the h',ORTGAGEE ar its nuccessors or assigns, ~I~all ope~ate ~o reiease, d~scharge, modify change c~ affect the orig~nal liab:iity of the MORtGAGOR hvein, either in whote or in part. 10. (t is spec~ficaliy agreed that time is of the ~sser,ce oF th~s contract and that na waiver of any ob;igat~on hereunder or of the ob!iyntion se- c~red hereby sha!! at rny time thereafter be he!d to be a wa+ve~ of rne t2rms hereof or of the instrument sec~red herby. 1'.. in add.t;o ~ to tne fcrego:n~ mcnth:y F:ayrr,ents of pri~c.p~l and inr.~~est requ:red by the prom sscry nac- secureti hereby, mo,!gager cover,an!s and agrees to pay ro m,o•tgagee with each rr.en+h y pay;rent an add~riona( s~~~~ e_ ared by mortgage= ta be equa~ to 1)2 of th~~ annual cosr ef the foi~ow- ir.g: A-411 ~eal property taxes levied or assessed agai^st the abooe detcri~Fd r~al estare. B- Premiu~rs e~ fire and v.~ndsto~m ~r.wrarce as here n req~~;red to be carried en +he :r~~rovemeat5 s t~a!e on th~ above d-scribed premi:es. C-Premiums on s~~,h mortg3pe guaranty ins~•ar ce as mortyayee sha!f fro~* t me ra rime deem fir ro carry or, the loan secured hereby. tAortQagee she:l from lim,e !c ?:Te r.oif~ mcr;,agcr ~n wr:!:ng of the amo_~~t dve and pjyabie hereundar and suth su~r sha!I thereupor be d~e a^•d Fz'v35'e on thc d~e date e` ~he r.exr ~r,cn!h.y e3y-ne,:t and each w-cessive rronth thereaf!~. ~rr~; mwtgagee ahall notlfy mortgcgor of a chanqe in such a~-~cunL Such s~ms sFa.i pe appfieU by mor;g3:^e towa•d the paymen! of reat ~rroperty taxes, insv~an:e prem;vms, and me,-tgaqe 903rentY insvrar,ce premiums. ~h1 Y~ITI~JESS YIHEREOF, the sa~d ,4`,ORTGAGCR has hereu^}o set h~s hand and seal ihe day and year first aforasa:d. ,Eign~tc(, $ea1led and,deliver~d in the presence of: ~ ~ ~ ~ 't~i ! % ' r~ - / % L S'.-% - _l: ' 7'~ y r . =S--i~ ~~~(5ea1) _~L1_C,,~~Cw t z !Sea!) ~ (Se a I ) f5eal) SiATE Cf fLpRIDA ~ ~ St. Luci~ COJNTY OF _ ~ Before me peisona!hy appeared ~'r . Wa 1 te rs ~ - ~ and A 1 l_ i e e e Ws Z t e rs h;s K~fe, ro me well known and knawn to me to be !fie ind~vid~ali desa~bed in and who execoted the foreq~oirg inst.ument, and atkr,c~.-ledged before me that they ezecuted the same for the purposes thcre~n expressed. And the said A 1 1 i e e e W e 1 t e r Q ~ rrife ot ihe said G _„u~_?1.~_~L'_'~'~~_ _ upon a~epe'rat~ end prlvare exam:nat~on by me taken separare and apart ;rom her sa:d hvsband, acknow(edged to and before me that she execu!ed sa~d ~ng~rument,f~erFy•~Ad.NOIv,• trrly ard without any compv!sion, consr:aim, tr.prehen ;on, ~ iear o? or 6rom her said husbar.~. • . • - W;T~;ESS my hand ar,d oEF~c;al seal this___.__~. day of De_~Tf1bQT' ___"~,_,V~,'.D. 19~ _ Y ~:r . - _ htotary Pu611c in and fw the State of floriti• ey Ld~ge My ~C1om~'m~ssion expire:: " ~ Retwn To: ~Otil~ ruwl~, St~te oi Florida ~4 Lerqe ~ ~ ~ ~ ~ . ~ pirst federal Saaings & loan A;sc,-~!„, . Comrnissic+n Expires Sept. 23, 1969 Of Fo.i P.c.•cp, r,. I~ a ~ I~ t.~ • W A~~rK~n i;r~ ~ C~w~iry Co. ~ ~ . forr Fl.,r;e. Ficride r ,[lj ~ ~ icia~' ~~rb~~~ ° ` . , _Jo:, , . . - ~%z~ ~'t° ~c ~ ~ ~ 1: , ~ - 05 6 P~~i : ~ ; .~r:~ _ _ ~s,~p~.~~ ~ ~r:;~,. . . . ~,i.~~;K ~ , : i_~~r t..~~ ~..:1~~.i'f, ~ ~ORI~A . R~ ~ ~ ~U r ~r-°,~".d~