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Home My WebLink About1528 ~ 3. 7o plece and cont+nuovYly keep on fhe bui!d~ngs nuw or hereafter ~rtuate on sa~d land and on a!~ equ~pment and penonelly covered by this mortg- 4 sye, with ali premiurrt~ thereon paid in `.~vll, fire insurance ~n the ~iual s~andard po!Icy form, in ~ sum approved by the MORiGAGEE, and winditorm insurance in the usuel f~andard pofcy form, in e sum epproved by ~he MORTGAGEE, in s~ch company or cornpanies as the MORTGAGEE may diiett; and a!I fire and windstorm ins~rorue polities on any of said buildings, any interest therein or peri ihr~eof, in the agg~egate tum •foresaid o~ In •xtesi ~hereof, th~il contain the usual standard mortgagee dause or such other t~ause as rhe Morrgagee may reqwre, msking the loss under seid poli- cief, each end every, payabte to said MOR7GAGEE as its interest may eppear, and each and every wch policy shall be promptly ess gned and detivered ro ~ny he~d by said MORTGAGEE as further aewrity to said mortgage d?bt, and, not Iess than ten (10) days in a9vance o! the expiration of eech policy, to dc liver to said MORTGAGEE a renewal thereaf, togerher with a rece~pt for 1he premium of such renrwal; and there shall be no fire or windstorm in~urence plated on any of aa~d buildings, eny interest thrrein or part thereof, unless in ihe form'and .vith the loss payable as aforeseid; and in the event any sum of money becomes payable undrr such policy oi policies aaid MORTGAGEE ehail heve rha option to rete~Ye and app)y the same on eccoum o~ the indebted~ nesa ~ecv~ed hereby or to permit said MORTGAGORS to receive and ~se it or any pan thereof for other purposes, w~thout th~reo~ waivi~,g ur ~n,pair- ing any equity, lien or right under or by virtue of this morgage; and in the evem said MORTGAGORS shall for any rcasoh fail to keep the ~aid premises so insured, or fail fo detiver promptly any of ~aid polities of insurance to ~aid MORTGAGEE, or fa~l promptly to pay fuily any premium therefor or in any rospect fail to perform, discharge, execute, effect, compltta, comply with end ~bide by this covenant, or any part hareo(, said MORTGAGEE may place and pay for suth i~sure~ce or any part thereof witho~t wafving ar sffecting any option, lien, equity, or right under or by virtue of this Mortgage, and tfie full Ampunt of each and every such payment shell bn immedietely due and payable and ahall bear interest from the date thereof until pvid a1 tha rate ol nine per centum per annum and together with ~uch intere~t shati be secured by the iien of this mortgage. 1. To permit, commit or suffar no waste, impairment or deterioretion of said property ar any par! theraof. 5. To pay all and singular the~coats, charges end ezpenses, indudinq a reasonable attomey'i fee and costs of abstratts of title, incurred or paid et any time by said MORTGAGEE, because or ir. the event of the failure on the part of the said MORTGAGOR to duly, promptly and f~~ly perform, d~schaige, exatute, effett, completp, comply with and ab~de by eath and every the stipulafions, agreements, conditions, and covenants of aaid promissory note and thii mortgage any er e~ther, and sa~d cosrs, charge~ and experxes, each and every, shall be immed~ately d~e and payabte; whether or net there be notice de mnnd, attempt to collect or suif pend~ng; and the full amount of each and every such payment shali bear inrerest from fhe date thereof unril paid at the rate of nine per cenrum per an~~um; and all sa+d cosrs, charge~ aod expanses incurred or paid, togzther wrth such interest, shall be secured by ihe lien of thia martgage. C. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of sa~d aums af money herein referred to be not prompuy and fully paid wirhin thirty (30) days next afre~ the same se~•erally become due and peyable, without demand or notice, or (c) in the event each and every the stiputaiions, agreements, cond~tioni and covenan!s of sa:d promissory note and th~s mortgage any or either are nol ~uly, promptly a~d fully performed, d~scharged, executad, effecred, completed, complied w~th and ab~ded ~iy, then in e;the~ or nny s~ch event the said ag- greqate sum memioned in said promissory note then remaining unpaid, with imerest accrued, and ail moneys sewred hereby, shall become due and pay able foreli•.vith, o~ 'hereafter, at the opricn of said MORTGAGEE, as iuliy and cumplete~y as if al: of the said sumx of money were originelly sripufated s to be aid on such da an thin in sa:d rom~;sor note or in this Mort a e to the tontrar notwithstandin and thereupon or t~:ereafter at the option of ; P Y. Y 9 P Y 9 4 Y 9~ said MORTGAGEE, witF~out notice or demand, suit at law ar in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby ~ had matured pr~or to its institution. 7. That in the eveni ihat at the be innin of or at an time + g g y pending any s~It upen this Mortgaae, or to fareclose it, or to reform it, or to enforce ~ payment of any claims herevnder, said MORTGAGEE shall apply to the Court having jursd~ction thereof for the appo~ntment of a Receiver, suth Court shall ± FortFiwith appoint a rece;ver of said mortgaged property all and singutar, int(ud,ng ali and s~ngular rhe income, prufits, issues and revenues from whatever ~ sourte derived, each and every of which, it being expressly understood, is hereby mortgaged as if spec~ficaily set forth and described in the graming and habendum clauses hereof, a~d s~cn Receiver shall have aii the b~oad and effecrive funci,ens and powers in anyw~se entrusted by a Co~rt to e Recerver, ard euch appoiniment shaii be made by s~ch Court as an admitfed equhy and a matter of absolvte r~ght to sald MORTGAGE[, and without refere~ce to the edequety or inadequacy of the value of the prppe~ty mortgaged or to tha so~vency or in:o~vency of said MORTGAGOR or the de9endanis, and that such renta, proiits, income, issues and reven~es shal! 6= appiied by such Receive~ accord~nq to ihe li4n or equity of aaid MORTGAGFE and the practice of such Court. 8. To duly, promptly and fully perform, d;scharge, execute, effect, compiete, compfy with and abide by each and every the stipula7ions, agreement~, conditions and covenants in sa~d promissory note anci th:s mortgage ~et forth. 9. That in the event tF~e ownershtp of the mortgaggd premises, or any parf thrreof, becomes vested in a person other tha~ the MORTGAGOR, the MORTGAGEE, i!s succzssors and assigns, may, without nofice to the h10RTGAOR, deal with s~ch wciessor or successo~ in interest with reference to this mortgege and the debt he~eby secured in ihe same marner as with Mortgagor witho~t in any way vit~ating or d~scharging fhe Mortgagors" liabifity here- under or upon the debv hereby secwed. No sale of the premises hereby mcrtgaged and no forbeerance on the pan of the MrJ' RiGAGEe or its sutcesson or assigns and no extension ot the time for the payrr~ent of the debt h~reby secured glven by ihe "AORTGAG.E or its successors or asa;gr.s, sl~aif operaro to release, discharge, modify change or affect !he ariginal t~abiGty of the MORTGAGOR here~n, e~rher in whole or in part. 10. h is spet~ficaily agreed rhat time is of the essence of this contract and that no waiver of any ob~~gatlon her~under or of the obligation se- c~red here6y shall at any time thzreafter be held to be a waiver of the trrms herecf or of ;he instrument se<~red herby. 11. ln add,tio~ to the forego~ng mon!h!y paym~ms of p:inc pol and interest reauired by the prorT;:sscry no!e sec~red hereby, m~rtgagor covenants and agrees to pay to martgagee wit~ each mor.~h;y parrz:ent aa addr+onal sum esrin~~ted b~ mortgagee tc be equal ro i,' 12 of tne annual cost of the faliow- ing: .4-All real property taxes lev~e~ or assessed ag3i^st the a~ove descrfbed real esta~e. 8-Prernlurra on fire and windsrorm insurarce as here:n rcqu~red to be czrrfed on the ~mproveme~rS s~tvate on t!~e above desuii:ed premises. C-Premiums on such mqrtgage gvaranty insurante as murtgagee shall from t'me to time deem fit ro carry on the loan secured herzby. Mortgagee sha!! Yrcm time to time nor~fy mortgager ~n writ~ng of the amou~t d~e and payab!e hereunder and such sum shall there~pon be due and payable on the due dafe of the nex! n-~onthly payment and each successive men!h thereafr~r vntif mcrtgagee shall rot~fy mor~gagor of a change in such amaunt. Suc~i sums sha;i be applied by mertgagee ror:ard the pay.ment of real proper*.y taxes, insurance prem;ums, a~~d mcrtgage g~aranty insurance prtmi~ms. IN VVITNESS WH~P.EQF, the said MORTGAGOR has hereump set his hand and sea( ihe day and year firs; aforasaid. i~gned, $fale~ and delive[~~ i~ presertce of: ~L '~:~S.dL.c..~~~-1~ ~U~. ~eal) - (Senl) - - (Seai) - - f,Sealj STATE Of FLORIDA ~ COUNTY dF +S L+uL' i L' ~ ~ _ ! Befo~e me personafly appeared -_~~_~Q~I2I1~_~. CL19 Wa~ a singl e 8~~ t',~i g~ his ri{tS to me well k.nuwn and knov~n to me to be the individuatT describad in and wfio exec~ted rFe foreqo~r.g ir.strum>nt, and acknow,edged before me thatShe~ exewted the same for ths purposes tfierein cxpressed. ~rn}-t~nr-sei~ VIRFC 'C~T~~lB~!'~ _ tlpCR b lNQ~d~ill'E-li1~f~~ff~LN11 . e+car~r~rrei'rerrbr~rrr Yaker+ aeFera~e-and- aperr f~,m-firr~e;~ F+usHe.+e~~"'dClCribti~!!~!l"F"td "[rTd'~CfCrt MC"t~4d+ 9~iC' CXCtbt'CC~7Eil~ ~71lffOr~TEYM~tSQ~}/~~ MOIYR' • tK;iy-,Md-rw~eu~-~n~ eoml~ies~r ~o++saawfy ~eppraFrtms~eiy ~erfq~ e4-or ~rs.!r~er~-~i~F ~r.d. ' - • , r WITNESS my hand and official seal !his_____~~~___ day of T~~(~e~Q. 1Yf~i~, ' l •u~-~-~+ c~ - f.:i , , : : ~ . ~ tJorar~~ Pubfic in and for the State flf fioridd-et~-ierge My Commission expires: 3~ !e. • Return To: ~ E ~ ~ ~ F~ C ~f~ ~ E ~ ~ ,~i. - ^ - First Federal Savings ~I. loan Asscc~~tlon p~:t'~ t] ~qtd , • .3~_L'~~~u :l ~J 0 K ?Y Stete of Fisridi ~t tar c~f F°" P'`'"e. 'Ay Commissi~rt EYpires Sept. 23, 1969 Fort Piert~, flcrida r>~~`~~ E-• ,~-e.~.~~, 8 C~~ -.P. ~ - '65 D~C ! 6 PM~ 3:! I ; , z . ' ~ ~ 5 R~Gct~ C~~ ; CL~RK ~ ' ~5T. LUCl~ COUN i Y, ~ . . - FLORIDl1 ~ ~ ~ . . ~ ~ /``j n ~ - ~ BuOK 'V j