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Home My WebLink About1599 9. 7o place end continuously keep on the bui!d~rgs now or hereafter ~~tuate on sa~d land and on a1I eq~ipment and penenelly covered by thi~ mortg- ~ge, w~th all premiums thereon pa~d in futl, f~re ~nsurance ~n ihe ~s~at stan~ard pot~cy iorm, in a sum approved by the MORTGAGEE, end windstorm insurance in the usual standard pof:cy form, in a s~m opproved by the MORTGAGEE, in such compeny or companies as the MORTGAGEE may direU; end all fire and w~ndarorm insurance polic~rs on any of sa~d buildings, any inrorest ti~eroin or part thereof, in the aggrega~e sum aforesa3d or In sxtess ~heroof, shall contain the usual ~tandard mor~gagee dause or such orher daise as the Mo~tgagee may requ~rc, making thc los~ vnder ~a~d poli- ciss, each and every, payab!e ro said h1URTGAGEE as Its interest may appear, and each and every such pot~cy shall be promptiy ass,gned and delivered io any held by said MORTGAGEE as further ~ecurity to said mortgage debt, and, •.ct less than ten (t0) deys in adv~nce of the expiration oF each pol~ty, to dt liver ro sa~d MOATGAGEE a renewal thereof, together with a rece~pt for the prem~um of such renewal; and there shall be no f~re or windste~m ins~ra~ce plsteo on any of sa~d bui!dings, any intereat thereln or pert the~eaf, un!ess in the fom~' and with the ~oss payable as afuresa~d; and in the event any sum of money becomes payable ~nder ~uch po;ity or pol~cie: sjid MORTGAGEE shal! have tha option to receive end apply !he sama on eccoun~ o~ the indebted- nese sacured hereby or to pem~it said MORTGAGORS to receive and use it or any part the:+~of for o.i~~~r purF,oses, w~ihout th~~cor wai~ing or ~n,pa~r- ing any equity, lien or right under or by virtue of this mortqege; and in tha event satd MO~iiGAGORS shall for any reason fai! ~o keep the ea;d premises so in~ured, o~ fail ro deliver promptly eny of sa~d po:!des of ;nwronce to sa~d MORTGAGEE, or fa~! promptly to pay ful~y any piemium therefor or in any respect fail to perform, discharge, execute, effect, compiete, comply wirh end ab~de by th~s covenant, or any part hareof, said MORTGAGEE may place a~~d pay for such inaurance or eny part thereof w~rhout waiving or aftect;ng any option, lien, squity, or rigM under or by virtue oi thi~ Mortgage, and the full amount of each end every s~ch payment shall be immediately due and payable and shall bear interest fram the date thereoF until paid a~ thQ rate ol nina per centum per ann~m and to~ether with wch interest shali be secu~ed by the lien of this R~ortgage. 4. To permit, commit or suffer no waste, impairmer.t ar dererioration of sa+d property or eny parf thereof, 5. To pay aii and singutar the.costs, charget and expenses, ~ncluding a reasonable atturney's fee and coats of abstracta of titis, incurred or pa~d at sny time by said MORTGAG:E, beta~sb or in the event of the failure on the part of the said MGRTGAGOR to ~~ly, p~omptly and fu~ly perforrn, discharge, execute, effect, tomplett, compP~ wrth and ab;de by each and every the sYrpularons, egreements, condi~ions, and covenartts of said promissory rrote and rh~s • mortgage any or e~rher, an;' sa~d costs, charges a+~d expe~xes, each and every, shall be immed~ately due and payabie; whether or not there be notice de- mand, attempt to colled or wit pending; and the fvll amount of each and every such payment shail bea~ interest from the date thereof untit pafd ar the rate of nine eer centum per annum; and al! sa~d costs, chaiges and expense3 incurred o~ paid, together w~th such interest, shall be sewred by the lien of th~s mortgage. t1. Thet (a) in the event of any breach of tF~i~ Mortgage or default on the part of the MOR7GAGOR, or (b) in the evert eny of ea~d sums of money herein referred to be not promptty and ful!y paid wirh~n thvty {3G) days next atte~ the same severally 6ecome due and payable, witt,out demand a~ notice, or (c) in the event each anc every the stipulations, agreements, tonditions and tovenants of sa d promissory note and th~s mortgage any or either are not iuly, promptly and f~lly performed, d~scharged, executed, effected, campleted, comptled with and abided 5y, then in eirhe: or any such event the sa~d ag• p~egate sum mentioned in said promiasory nota then remaining urpaid, with intarezt aarued, and ail moneys sacured heieby, shall become due and pay able forthwith, or thereafter, at th~ opt~on cf sa~d MORTGAvEE, as fully and completely as ii all of the said sums of money were originel(y stipulated to be pa:d on such dey, anything in sa d prom~ssory rote cr in this Mortgage ro the tontrary notw~thsrand~ng; and thereuFOn or thereafte~ at the op!ion of said MORTGAGEE, w~thout nonce or demand, suit at law or in equity, the~efore or thereafter begun, may be prosec~ted as if all moneys sewred hereby had matured pnor to ~ta institution. Y. ihat in tfie event that at tha beginning of or at any time pendng aoy s~+t upen th;s Nortgage, or to foreclose it, or te reform it, or to enforce paymeM of any ciaims he•eund~~r, said MGRiG%+GEE shali appfy to the Court hav~ng ju~~sd;t~~on the~eof for the appo~ntment of a Receiver, such Co~rt shaii ~ forttiwith nppoint a recei~-ar ot said mortgaged property a1! anc~ singular, inc(~d~ng al( and s:nyutar ihe inteme, prof~ts, issves and rever.ues frorn whatever source derived, each and every cf wh ch, ii be~ng express!y ~nders'cod, is hereby morryaged as if spe:~ficaily set fortl~ ar,d dexribed in the gras~ring and hebendum cla~ses hereof, and svch Recei~er sha~l have a!I the b,oad and effecr~ve funu,ons and r>owers in anyw~se entrusted by a Ccurt fo a Receiver, and such appointment shatt be made by such Court as an adm~ned equity ar.d a matter of absol~te r;ght ro said MORTGAGEE, and wfthout referencz to the edequacy er inadequacy of the value of the preperty r.:ortgaged or ro the so vency or inSClvenCy oi sa;d MORiGAGOR or the defer.dants, and that suth rents, profits, intome, issues and revenues shail be appiied by such P.eceiver accord~nq ~o the lien or equily of said MOP.TGAGEE and the practice oi such Gourt. 8. To duly, promptiy ana f~lly perform, discharge, execute, effect, complete, co:r,p,~ w,;rh and ab{da by each and every the st~pulations, agreemenls, cqnditi~no ana covznanti ~n sa~d prornissory note and th~s mortgage set fo~th. 9. Thar in !he event the ownership of the mortgaged premises, or any part tirereoT, becomes vested in a person other than tha MOR7GAvOR, the ~ MORTGAGEE, ita successors and ass~gns, may, wi!hout rotice to the h10RTGAOR, deai wlth svch successor or successor in interest with refere~ce to thia mortgage and the debt hereby 3ecured in the same manner as whh Mortgagor wltho~t in any way vit[ating or dls~harg~ng the Mcrtgagors' liabiiity her~- under or upon the debt ~ereby secwed. No sa!e of the crem;ses hereby mortgaged and nc forbearance on ~h¢ part of thz MpRTGF~GEE or its s~ccessors or ass~yns and no extens~on of the time for the payment of the debt hereby secured g~ven by t5e MORTGAGEE or its successors or ass:gns, ahal! operate lo release, d~stharge, modify change or affeU the o~ig~na( liau:l:ty of !he MORiGAGOR here:n, either in whole or in part. 10. It is specificaNy agreed that t~me is of the esserce of rhis contract and that no waiver of any obl~gat~en hereunder or of the ob!igation se- c~red hereby shafi ar any time tYsereafter be heid to be a waiver of the te~m.a hereof or of the instr~ment secu~ed herby. 11. In add.tie~ to the forego'ng monrh!y payments cf ~rinc p~; and interest requ red by th~ prqmissory note s~:~red hereby, morigagor torenants and agrees ro pay to mo:tgaaee •~;;th each rr.on~hiy pa~~^er,t an add rionai wm es~:^ ared by n;orrgagee tc be eai~ai to l, 12 of tF,e annuai cosf of 'he fol:ow- ing: A-All real prapcrty tax~s le:ied or ass~sied aga~•~st the abo:e destribcd real estate. B-Prem~ums on fire and windstorm ~nsurz°,e as here~n requ:r~d te be ca~rled en the fmp.ovements s:t~~ate en the abcve d^scribed premisea. C-Premiums on such mortr~age g~aranty ir.svrarce as morrgagee sha~~ from t me to t;~ne deem fie to cany o~ the loan secured hereby. Mo~rgagee shall f~om tlme to r~~~e norify morfgagor ~n wrir~ng of the a-~~a~m~ due and payable hereunder and such s~~i shai! therevpon be due and payabie on th•~ d~e d?te of the m~xt n•:onthiy p~~•rent and e~ch successive Ton!h !nereafter vr.tii mortqagee sh~ll nof~fy mo~tgagcr cf a change in 5~ch amount. $uch wms shaii be app!ied by margaq«=e towa•d 'he payment of reai prcpe~ty taxez, insura,~ce p. m,ums, and mo age q~aranty insurance prgmiums. ~ IN 1NITNE55 tiNHEREOF, the sald h10RTGAGOR has nere~n?o set his hand and seal th= day and first afo esa~d. ' n aled an de!iv i e p esence of: /f r L (Seel) .rt/ _ , w~ . ~2.. r~.c.-~. {Seal) - - (Seal) - -_____(Seal) STATt OF FLrJRlDA S~ . LL1Clf' S5. COUNTY dF _ i Before me persoraliy appeared r,L~~.~ ~ lurr.~er ~ _ and ~ ~_t:~'1P.7' i~ _ T l2''~ _T his wifa, to rne well known and knov~n to me to be the ind~vid~a!s described in and who executed tne foregain~ irstrument, and etknow~edged before me that they executed the same for the purpose: lherein expressed. And the sa~d E$ the r~ m112'71e 2' wife ot ihe said N T'~ m1jT'1'1A T _ upon a separate and privnte exam(nst~on by me taicen separate and apart frem her sa~d husband, acknowledged to and befa~e me ihat she executed saiJ instrvment free+y and voiun- larily and w~thout any compu!sior, co~srraint, apprehens!on, qr fear of or from her said husband. r" December VVITNESS my har.d and offic~ai seal this____~~~ day of _ , A. D. 19~ '1 ~'~--''i Notziy Pub' in and for the S1ata of Florida at Larye ~ My Comm~ sion expires: S Raturn To: First ~e~~Ll~?!if^Cjf.S Loan Assc:~~t~.~'~ ~n itiotary Pt,t;'_r ~t?+,p pf F.~"~;f,~ at !V~~~!„ y 0~(6yv~tr P~~~ice. 111 -iJil RECORDED tv.y J 1' ~_s 3~ ~ % . j y. ~ O K 3ond~d Eiy t..mc~:c~n Surety c:t~. of N. Y. rt A~erc~c,"Fd~;i~1a 4 •~V rt ; ~ y ~ . . ~9~~--~k uG.~~ ` . . .A - '6S DL!' i 7 Pr~~ ~ : OS . l,'_,'~• -;e,;: ~ ' v ~ y,l ~ _ _ . . , . . . c~. J- . • ti ~~lit~T ~i~i 1; . ~:~C~~{ . . ' _ ~T. LUCIE C . . _ . • OUNTY, . - ' FLORfDA ~ ~ ~ ~ ~ ; K f t ~ . - aor,x~~~ c~~ ~J~