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Home My WebLink About1601 3. JO P~DCB end continuousiy ktep on the b~+'dingi now or hereafter ~ituete on sa~d ~enc! and on ail eq~ipment and pcnonally covered by this mortg• ega, w~th ell premi~mY thereon pa~d in (ull, f~re i~surante ~n the ~nual stanJard pol~cy form, ,in a sum a;:proved by the MOR~GAGEE, and wind~fa~m insuronce in the us~al srandard pol:cy form, in a sum approved by the MORTGAGEE, in sucfi cornpany ar tompan~e~ as the A10RfGAGfE may d~rect; end all f~re and w~nduorm insuiance policies an any of sa~d build~ngs. eny inte~est therein or par, thereot, in the aggreyare sum aforesa~d or in axces~ thereof, ~hall contain the uaual standard mortgagee clause or such other clauss a; fhe Morlyagee mey req~~re, making the loss under sa~d poli- ciee, each and every, payable to seid MORTGAGEE as l~s interrst may appZar, and eeth and eve~y si•ch po!~cy shall be promptly e~i gned and delivered to any heid by ~aid MORTGAGEE as f~rrher iecurity to said mortgage debt, and, not fes~ than ten (IOi days in advance of rhe txpirefion of each policy, to de• Lver to seid MORTGAGEE a renewal thereof, tr~gerher wifh a rece~p~ for the premium of ~uci~ renewal; and ~here shall be no f~~e o~ windsto~m inwra~ce placad on any of said b~ilding~, bny interest there~n or part thereof, unless in the form'and wi~h the ~oss payable as aforesaid; and i:i the evenf any svm Of maney becomes payab!e under such poiicy or policies said MQRIGAGEE shall have tne opr~on to receive and apply tF~e same on account o~ the indebted• nexa securQd he~eby or to permrt sa~d MORSSaAGORS to receive and use it or any par! thereof for ~thcr purpeses, w~thout th~~eo~ .va~~ing or unpoir- ing any equity, lirn or rigM under or by virtue of this morgage; and in the rvrnt se~d MORiGAGORS sha!~ for any reason fail to keep rhe eaid p~em;se~ so insured, or fai! !o delive~ promptly eny pf laid policies of insuran4e to said MORTGAGEE, or fail promptly ro pay fully eny pre~Teium therefor or in ar,y respect fail to pe~form, d~scharge, executr, effect, complete, comply with end abide by this covenant, or any pars hereof, said MORTGAGEE may place a~d pay for such inaurance or any part thereof withour watving or affec!ing any option, lien, equity, or r;ght under or by virtue of this Morlgage, snd the full amount of each and every such payment shall be immediately d~e and peyable and shall bear interes~ from the date thereof un~il poid at tha rate of nine per centum per annum and to3ether with such interest shali be secured by the lien of this mortgege. , 4. To ptrmit, commit or wFfer no waste, impairment or deteriorarion of said property or eny part thereof. S. To pay all and singular the~tosts, charges and expmsea, inclvding a reesonable ettorney's fee and costs of abstracts of title, inc~rred or paid at any time by said MORTGAGfE, becaus~ or in the rvent of the fai!ure on rhe part of the said MORTGAGOR to duly, promptly and fully perform, discharge. execute, effect, complete, cnmply w~th and ab;de by each and every rhe stipulatians, agreements, conditions, and covenanrs of ~aid prom;s~wy nofe and this mortgagr any or either, ~nd sa;d costs, charges and experxes, each and every, shall be immed~ately due and payable; whether or not there be notice d!~ mand, attempt to collect or suit pending; and the ful) amount of each and evcry such payment shall bea~ interest from the date thereof until paid at the rate c! nfne per centum per dnnu:n; dn~ a!! sa;d costs, charges and expenses inc~rred or paid, toge~her w~ih such interest, shall be secured by the lien of 1hlt mortgage. That (a) in the even! of any breach nf th~s Mortgage or default on the part ef the MORTGAGOR, or (b) in the event any of said sum= of money 6erein referred to be not promptty and fufly paid within tnirty (30) days next after the same severa:ly betome dut and payable, without demand or notice, o~ (t) in the evenT eath and every the etipu'ations, agreements, conditions and covenants of sa d promissory note and ihis mortgage any or either are nol ~uly, promptly and fuliy performed, d~scharged, executed, effected: completed, comp!ipd with and abided 5y, fhen in either or any such event Ihe eaid ag• pregat~ sum mentioned in said prOrrissory note then remaining unpaid, with ime~est accr~ed, and all moneys setured hereby, bhall become due and pay- eble forthwith, or thereafter, at the option of said MORTGAGEE, as fully and comple~ely as if a!I of the said s~ms of money were originally st(pu(ated to be paid on wch day, anything fn sa:d prom~ssory r~ote or in this Mo!tgage ~o the centrary no9withstanding; and thereupon or thereaf~er a~ the oplion of said MORTGAGEE, witho~t notice or demand, suit nt law or in equity, therefore or thereafter begun, may be prosecvted as if all moneye sewred hereby had matured pr~or to ~ts institution. 7. That in the e~ent rhat at fhe beginnfng of or at any time pending ao~ su~t upon thh Morrgage, }o toredose it, or to rcfcrm it, or to enforce payment of any daims he•e~r.der, said A10RTGAGEE sha~l apply fo the Ce~ri having j~nsd;ct~on thereof for the tppo~nt~nent of a Receiver, such Court shail fortFiwith appoint a receiver of said mortg~ged property al: and singuiar, incl~d~ng all an~ s~nguiar the income, proflts, issue: and r¢ver,ues From whatever iource derived, each and every of wh ch, if being expressly understood: i~ hereoy morrgaged as ~f apeclf~cally set forth end desciibed in the graming and habendum c!a~ses hereof, and such Reteiver shait have all the b:oad and effective funct ons and pawers in anyw~se entrusted by a Ce~rt to a Receiver, ar~d such appointment shaH ba made by such Court as an ad-~;itted equity and a matter of absolwe rlghr to sald MOR7GAGEE, and without reference to the edeqvacy or inadeq~aty of the value of :he property mongaged or to the so.vency or inso.vency of said MORiGAGOR a thP defendants, and that s~~ch renfs, profits, incane, issues and revenves shai; be appiled by such Recei+er accordn,g to the fien or equrty of said MORTGAGEE and rhe pracnce of such Coun. 8. 7o duly, prompt!y and fuily perform, discharge, exec~re, effect, cornplete, comply with and abide by each and every the s'ipufations, agreemeMS, ccnditions and covenants ~n said promissory note and th~s mortyaga set forth, 9. That in the event the ownership of the mortgaged prem~ses, or any part thereof, 6ecomes ves!ed in a person other than the MORTGAGOR, ihe MORTGAGEE, its iuccessors and assigns, may, without notite to the ~410RTGAOR, deai with s~:h successor or successor i,~ interest wirh reference to this mortgage and the clebl hereby secured in the same manner as wi~h Mortgagor without in any way vit~atir.g or d~stharg;ng the ~~5ortgagors' {iability here• under or upon the debt hereby secvred. No saie oi the premises he~eby mortgaged and no forbearanc~ on the pan of the MORTGAGEE Cr i!s s~ctessors or assigns and no extens~on of the tim? for the payment of the debt hereby sec~red givpn by the MORTGAGEE or its wccessors or ass;gns. ~nalt opera!e Io release, diatharge, mod~fy change or affect the orfg~na( !~au f~ty of the MORTGAGOR here~n, either in whofe or in part. 10. tt is spec~fica(iy agreed that time is of the essente of th~s contract and that no waiver of any obi;gat~on hereunder or ot ihe obligation se- c~red hereby shall at any time thereafter be he;d to be a waiver of the terms hereof o~ of the instrumert secured herby. 11. In add:t:on to the fore9dr:g montn!y paym~r.ts of princ pai and inteiest requ~red by the prem sscry no~e sec~red her~•b~, mortg~~~r cov>_nanis and agrees tu pay to inortgsgee wirh eacn montFi•y pa~rnent an ada~~~onai sum e•sr,n•ared by rro~rgagee to be equa! to i,' 12 of tne annual cosr of the tol!ow- ing: A-Ail rea! property tax~s levled or assessed agai~s~ the above desc~i6ed real es!~tc. B--Prem;ums on f~re and .vir,dstorm insurac~g as here~n requ~red to be tarried o~ the ;mpreve~neots s:tuate on tne above described oremises. C-Prem~~ms on such mortgspe guaranty ir.sura.ce as mortgagee Shdll f;om. r'.re ro ti~r:r~ deem fir to carry on the loan sec~red he~eby. Mongagee sha~l irom tirme to time ?o!ifr mort_r,agor in w~~!~r,y of th~^ amou~t due and payable here~nd~r and such surr~ shall there~pon oe due and payab'e on tne due datz of the next r.,onth:y payment and each successive .ren?h t~ereaf~er ur.til mertgagee sha!I ~of~fy mortgagor of a cFange in such amo~~nt. Such aums sha!i be app;ied by mcr'gag~e toxarci the oaymen! aj real preperty !axes, insuraace prem;~m,s, a~d mortgage g~aranty ins~rance premiums. IN 1"JITNESS ~ EREOF, the said M RTGAGOR has hereunt~ set his hand and seal ihe day and year first aforr~,ta~d. Signetl, Seal and eJ~ e i resence of: ~ l,y 4 i ~ ~ ~ ~ ! ? ~~J - _ ~Y '.~•'L!- ~7<<~ (,-r(. j (5ealj . - ~ - !5eal) ~ ~ ~ - L~ t. ~ (Se a l) ~ (Seal) STATE OF FLORIDA ~ ~ ; „ ~ . ~ r. ~ $'i. COUNTY Or _ _ ( Before me personally appcrred ~._I°"""" 'r^ ~+'l -.r,~ ~~,,~r,._~ and * ^~-n~r _ his wife, to me wel~ known and knorfn to me to be ihe individ~ais descriL'>d in and who executed tFe foregoing instrument, and atkrow!edged before me that thAy executed the same for the purposes therein expressed. And the sa;d _ _~v____ " ~ r'~T' ° ^ r ~ f'•?' ~'s• `~t' t? wife at ihe said ~~F'V""~ ~"''~r~=° upOn a sepa~at? and private sxaminat~on by me taken te,~arz±e and apart from her safd husb~nd, acRnowledged to and before me that she executed said ir,strument freeiy and volun- rarily and withovt any ccmpu's~on, cor.straint, apprehension,~.q~fear of or from her said hustand. WITNESS my h~nd and officiai seal this__. 4C '1n ~ a-r^ ti~ ~ ~ ~iay of - , A. D. 19 \ f ~ Netary F~b!ic in and for the ate q~ Florida at larga My Commission expires: ~ ~~~9/G~7 Return To: Firat Federel Savingt S loan Assoc~at~on • ry~j~+~,~{F;±,,,,,, , c.~,,.,~R~~~~prr,F Oi Fort Gierte. S+,~~ ~ F'ILE k ~RDEC t~r c: ; ~~For ~ Florida r ~ , ~ ~ '~,~~/r, . ~IGI_~C I~~ _,V~ 0 0 K . - , ~ v ; ~ ; , ~ Q ~ ~ ~ ~~r- , ~t.l/vr--~-c G~G ~ a (j` ; ' ` = t ~ ~ . . . V ~ ~ ~ ~ ~ '65 ~ ~e ~ ~ Pr~~ ~ ~ o ~ ~ ~ ~ ~ ~ ~ - ; r ' , i . , , . ,l ' • ' c:~ ~ ROG~:n ~ i r., - ~LERK ~ • Si. ~JCI~ C~~UNTY, . . FLO~[aA . ~ BQf~K ' ~ ~