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HomeMy WebLinkAbout2161 3. To place and wnt~ruousiy keep on the bu~'J~~igs now or heraafter itt;,~ate on said land and c? a!: eq~.~ipment and personally covered by this mortg- aye, with ell premiu~rn thereon ps:d in fu!I, fire insuiancz ~n the usuat stan8ard policy form, ~n a sum approved by the h10RSG~GEE, and windsrorm insurrnce in the ~fual standard pol,cy form, in a s~in approved by rhe MOR7GAGEE, in such tompany or tompan~es as the MORTGAGEE may d~recr and all fire er.d w~ndsrorm inwrance polic~es on any of said b~iid~nga, any interest therein or perr thereof, in the agg~egate s~m ato~esaid or irt excess thereof, shall contaln the usval standard mortgagee ciause ar s~ch orher cta~se as ~he Mortyagee mey requ~re, making the Sona under sa~d poli• c~es, each and every, payab!e ro sa~d MORTGAGEE as ~ts intereit may eppear, and each and every svch po!icy shall be promptly ass gned and del~vered to eny helo by sa~d MORTGAGtE as funher sec~rity to said rnortgage debt, and, not less than ten (10) days in advanca of the expiration of each pol~ty, to do- Gver ta ~a~d MORTGAGEE a renewal thereof, togeiher with a rece~pt for ~he premium of wch renewal; and there ~ha!i be no f~re o~ windsiorm insuronte placed on any of sald buiidinge. any interest there~n or part thereof, uniess in the form'and wi~h the loss payable as aforeia~d; and in the e~ent any sum of money becomes payable vnder wch policy or policies said MORTGAGEE shall have ihe opt~on ro receive and appiy the aame on acco~nt o~ the indebted• ness secvred hereby or to perm~t said MOr2TGAGORS ro receive and use it or any eart th?reof for o'hcr E;~r:,oses, wl~hout th~r~o~ waivi~~.3 or ~n,pa~r• ing any equity, lien or right under or by virtue of ihis mor'gac~e; and in the event sa:d MORTGAGORS shall fcr any reason fail to keep the aaid premises so insured, or fai! to dellver promptly any of sa~d pcl~ues of insurance to sa~d MORTGAGEE, or f;,ll promptly ta oay fully any p~e~~~ium therefor or in a~y rexpect fa~f to perform, d~scharge, execute, efiect, complete, compiy wirh and abide by thh covenant, ur any parr hareoi, said MORTGAGEE may pface aoa pay fot such insurance or any part thereof without walving or affecling any opti0n, lien, equity, or right under or by virtue of this Mortgage, and the full amouM of each and avery wch paymeM shall be immediately d~~e and payable and shail bear interest frcm the date thcreof ~ntil paid a1 the rate o1 nine per centum per annum and tcgether with such interest sha~i be szcured by the lien of this moctgage. 4. To permit, commit or suffer no wa3te, impairment or deterioration of said property or any part thereof. 5. To pey all and sing~iar thP.costs, charges and expenses, inc!uding a reasonable attomey's fee and costs of abs!racts of title, incurred or pa+d at eny t~me by said MORTGAG.f, becausE or in the event of the faiiure on the p~~t of ;he aaid MORTGPGOR to duly, promptly and fuily perform, discharge. execute, effect, comple~e, comply w~th and ab;de by each and evr_ry the stipu~at;ons, agreements, condir~ons, and covenants cf ssid promissory note and this mortgage any or e~~her, and SJ.C~ costs, ch~rqes and experraes, each and every, shait be immediately due and payable; whether or not there be no~~ce de- mand, attempt to co!lect or suit pend~r.g; and the full amount of each and every such payment shali bea~ interest frflm the date thereof ~ntil paid at the rate ef nine per centum per anrurn; anu all said co5ts, charges and expenses incurred or paid, toyether w~th wch interest, shall be :.acured by the lien of th~a mortgage. 6. That (a) in the event of any breach of thls Mortgage or default on the part of rhe MORTGAGOR, o~ (b) in the even! any of sa~d sums of money herein referred to be ne~ pro-nptty and f~ily paid ~virhin th~riy (30) days ner.t a'~er the san,e severa!ly become d:,e and payable, without demand or nct~ce, or (c) in the even~ each and every the stipulations, agreements, conditions and covenants of sa.d promissury note and th~s rtrortgege any or either are not ~uly, promprly and fuliy performed, d s~harged, executed, effected, completed, compl:ed with and ab.ded 5y, then in either or any such event the sa~d ag~ greqate sum mentioned in sa~d prom~ssory nute then remaining unpaid, with interes~ accrued, and a:l moneys secured hereby, shall become d~e and pay- able ferthwith, or thereafter, at the cpron of said MORTGAGEE, as fully and tomplete~y as ii all uf the said sums of money were or~ginally st~puiated to be pa;d on suth day, anything in sa:d prom~ssory note or in this Mortgage to Ihe contrary notw~thstanding; and thereupon or thereafter at the opt~on cf said MORTGAGEE, withovt r.otice or demar,d, suit at law or in equ~ty, therefore or thereafrer begun, may be prosecuted as if all moneys setured hereby had mat~red prior to ~ts inst~tu~ion. 7_ That in the evenr that at rhe beginn~ng of or at any time pendiny any w~t upo~ ihis AAortgage, or to foreclose it, or to reform it, or to enforce paymeM of any claims he.e~nder, said N10RTvAGeE shaii apply to the Ceu~l havir,g ju~!sd ction thereo't for the appo~nt~nent of a Recei~er, such Co~rt shall FortFiwith appoint a receiver of said mortgaged property a'I and singular, includ•ng ail and sing~lar :h:e income, p~of~ts, issues ar.d reven~es from whaterer source der~ved, each and every of ~vh!ch, it be~ny exeress'y understood, is hereby mortgaged as if spec~ficaily set forth and dascribed in the granting ar.d hebendum dauses hereof, and such Receiver shatl have a!I the broad ar,d effect~ve funct:ons ar.d powers in anyw~se entrusted by a Court to a Receiver, and tuch appoir,iment shall be made by wch Court as an ad~nitted equity and a matter of abso!ute righr ro said h10RTGAGEE, and withcut reference to the edequacy or inadeq~acy oi ihe va!~e of the property morrgaged or to rhe so vency or mso,vency of said 1v10RTGAGOR or the defendants, and that such rents, profi!s, inceme, issues and reverues shaii be aepi~ed by such Receiver accord:ng to the lien or eq~i'y of sa:d MORTGAGEE a~d the prectice of such Court. 6. To duly, promp!'.y and ful~y perfo-m, dis:harge, exec~te, efiect, c~mp!ere, cc-.p!y wlth and abide by each and every the stipufations, agreements, condit;ons and covener,ts ;n sa~d pro^issory note and thls m~r!gage set forth. 9. That in the ever,t th2 oxnersh~p of the mortgaged premises, or any part thereof, becomes vested in a peison oth~r than the MORTCAGOR, the h10RTGAGfE, its successo!s and assigns, may, wi~heut r.o,ice to the MORTGApR, dea! •.vi±F~ such successor or wccessor in interesr witF reference tn this mortgage and the debf hereby secured in tne same manre' as w~th hlcrtgagor wl~hour in any way vit;ating or d~scharg~r.g the hlortgagors' liability here- urder or upon the debt hereby secured. No sa'.e of rhe Frem,fses hereby mortgaged and no forbearance on the part of Ihe !AORTGAGEE or its s~ccessors o+ assigns and no exters~on of the time tor the payment of tne debt hereby secured given by the MORIGAGEE ar its s~ccessc~s or ass:gns, ahail operate to re!ease, d~scharge, modify c~~an~e or efiect she orig~nal lia~li;!y of the ~ti10RTGAGOR herein, either in whole or in part. 10. It is spec~fically ag~eed inat time is o! rhe essence of th~s conrract and shat no waiver of any obl~gat~on hereunder or of the ob!iqat~on se- ~~red hereby sha'i at any time thereafter be held to be a v.•aiver oF the terms hereof or of the instrument sec~~ed herby. l l. In add.'~en te the Eorego np mo-th'y payrt~ent5 of princ pd~ and i~terest required by th~ prom sscry no!e secured hercb~r, mortgagor eovenants and agrees to pay ta mo-tgaaee ~~tii each raonth'y pa~r.~enr an add.riona! s~~m esh^ a~ed by mo~!gagee to be eq~ai to i 12 of ;he arnua; cost of the foilow- inq: A-AU reai prcp^ry taxes Ie:i_~ or asses:ed d^y3~^.51 the ar_oe•e desribcd resl estyre. B-Fre~ni., ns on f,re ac~ windstor~n ~nsvrance as nere:n requ~red to be carried on tnA improeeme~rs s~tuatE on the abo~e d~srit~ed premises. C-Preniums on s: ch rnortgage gvaranry ins~ra~,ce as n,o•!gagee sha~l fro^~. t me !o ~~~ne dc•em (~t ro carry on th~ Ioan sec~~red hereby. Mortgayee sha'i frcm t rne to r~n-= ret~f~ mc~tcagor ~n wr~';ng of the a~r.eu~t du_ and payable hereund~~r and s~ch su~~ shai! tnere~~on be d~e a~d Fayab!e on ?ne due da!e oi !b~ next n-,onth:; ~=_y•.ent a~~d each s~:_cess~ve T.O':~F: }rPfB3f~~~ ur:til morrg33ee shall r.o'~fy me•!gagor of a char.ge in wch a~ncun!. Such aums s~a.! he app:~ed by mertqa~~e to.va~d the pay^•.ent of real preperry taxes, inwrac:ce prem;ums, a,~d mertgage g~aranty ir.surar,ce premiums. IN \"11TNE55 '.'JHEReOF, the sal~ P+10RTGAGOR h3s hereunro set h~s han~ and seal the day and year first afor aid. ~ `Signed, Sealed and,d9!iverec~ in h presence oL• ? ? _ (¢~~~.~y ' ~ '~~i ~t~l.'1t, ~ Q^4t (i~~?~LL v (Seal) 1~ ~ ~ oward an Warno k _iseaq - i/~5~~ ..~!'~n.~~i.s~ x:I~7c11~(Seal) ~::,~,.~~.,y4 ~~,_fJ_~~~~_ Helen Lennard Warnock (Sea!) STATE Os ~g{~ ..~'yrr.~« ~ ~e' ~sL z L~ ~ SS. COUNTY OF f I Befere me personally appeared _ H01^i 8 T'd D8 T1 ~l'18 T'Tl0 C~: _ and _ He len Lenn s rd ~,NB PilO C}: his wife, to me we;l known and knovm to me to be the ind~vid~als descrlbed in and who er.ecuted the foregeing instrument, and ackno~~ledg~d before me that th~y exec~ted the same for the purposes therein expresstd. Ar:d the said_ _~~len L~nn&Y".~ Wa~'nQCk wife ct the aaid HowarsL Dan W82't70C~t . upo~;a~'ss~rt~ro and pr~vate examina!ion by me taken aeparate and aoert frcm her sald husband, acknow;edged to and befo~e me that she execured said ih~rv~t~;r~Fy, and volun- tarily and w~thout any compulsion, censtra;nt, ar~ rehens:en, or fear of or from her sa~ kt~sband. a" a~~~~~ f~• ~ WITNESS my hand ar,d offic?c~ seal th:s______~ day cf__~ r?~'-.~~-'~~ ~.'•D.' 19_~~ i : ~ o' ~ ,y r ~ y : ~ '~j-~-_- , Not~ry Pubi~c in and for the Stat~ ofr F~e at l6tge; i ~ < j h5y Ccmrr,ission expirei: t ~ o>,' Ret~m To: ~ ' ~ k~ ' First federal Savings 6 loan Fssr~:r.on /l/~ ~ - CC ~ h Of Fort P:erce, O~~L . •~4.. • Port 'Pieitpi, Florida ~~C} ~~C' 7 0~~ ^p~°o .,1 ~ '•~~'~.'tLE~;~;''~ V~u~ ~ 1.~~'~' . ' . r ~ - 2 ; y2 . ` r " Za ~ ,i ` . . ~ • ~~J ' _ r. . 4- 1 , . . . . j, 1`~',,~1 , r .J . . . . . . . i` _ _ 1 J - ~ ; J Y~ . ~~i,'. . ' ~ ~ ~`.1 1.. , . . , QOOK c.D~~ ~ .