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HomeMy WebLinkAbout2381 3. lo place and continuo~sly keep on ~tu bu~id~ng~ now or hereafter s:tuete on na~d !and and ~n a!I equipment end peraonally covered by thi~ mortq- sqa, w~fh eli premiurm thereon pa~d in i~ll, fire insurance ~n rhe usual sranderd poi~cy form, in a sum app~vved by the MpR(GAGEE, ar.d windstorm insurance in th@ usual atandar~ poficy }orm, in a s~m appro~;ed by the MORTGAGEE, ir, s~ch compa~y or companies as the MORTGAGEE may G`u~o.C~N; a~d all firn and w~ndstorm ins~rance palicie~ on any of said buildings, eny intere~t therein or part th~reof, in rhe iggregate sum afora~a+d or In •xceu ~hereof, shall cantain the usua! itandard mort~agee clause or such other clause es tha Mortgsgee mey requ~rs, meking rhe loss under ~ald poli- cisi, each and every, payable to aaicl MORTGAGEE es its imerest may appear, ar.d eaCh and every wch po!icy shall be prorwpNy ~sa gned and de~ivrred to •ny held by sai~ MORTGAGFE as further srcurity to said mortgage debt, and, not less than ~en 110) deys in advanee of the expiretion of aach policy, to da- liver to said MORTGAGEE a rencwal thereof, loge~her with a receipt for the premium of s~ch renewal; and rher~ shall be no fire or windstorm insurance placed on any of xaid building~, any interest therein or part thereof, unlcss in the form'and wiih the ioss payab!e as efcrrsaid; and in the event any sum of mo~ey becomef payable under iuch policy or poiicien se~d MORTGAGEE shall have the option to receive and apply the same on accounl o~ the indabted- neu tecurod hereby or ro perm~t said MORTGAGORS to r~ceive and use it or any part thereof for o,hor pu~poses, w~tho~t Ihereo~ ~vai~ing or ~mpair- i~p any squity, lien or righi under or by virtue of this mor!gage; and in the evenf sa~d MOR7GAC+ORS shall for any rea~on fail to keep the seid premiaes so insurod, or fai! to delive~ promptly any of s.:id Fwlicies of in~vronce To said MORTGAGEE, or foil pramptly to pay fully any premivm therefor or in a~y reipect feil to perfo~m, discharge, execufe, effect, tomp~ete, comply with and abids Ay this covenanf, or any part hereof, said MORTGAGEE may plate a+~d pey fo~ such insvrance or any pert thereof wifhou! watving or affectiny any option, liert, equiYy, or rigM under or by virtue af thie Mortflage, end thc full amount of eech and every tuch payment sha!I be immediately due and p+iyable and ahall bear interest from the date thereof untii paid ai the rate ot nine per centum per ennum and together with svch inferest shaii be secured by the lien of lhis mortgsge. 'fo permit, tornmit or euffer no waste, impeirment o~ deterioration of said property or eny part thereof. 5. To pay all and singular the ~costs, cfiargef and expen3es, including a reasonable a~torney's fee and costs of abstracts ef titl~, incurred or paid : t eny time by anid MORTGAGEE, because or in the event af the failure an the pnrt of the xaid MORTGAGOR ta d~ly, promptiy and f~!ly perform, discharge, executa, effect, completa, camp;y with and ab;de by each and every the stipulations, agreemems, tonditions, and covenents of said promissory note and ihia mortgage any or e~ther, and ia!d cosrs, charges and expenses, each and every, 3hai1 be immedirtely due a~d payable; whether or not there be notice d~ mand, attempt to toltett or auif pend~ng; and the full amount of each and every ~uch payment shaU bear interest from the date theraof until paid et the rat- of n~ne per cent~m per annum; and a~I said costs, charges ana exoensea inwrred or pa~d, together w~th such interest, shal) be tecured by the iien of th~~ mwtgaga. 6. That (a) in the event of any breach of this Mortgage or defautt on the part of !he MORiGAGOR, or (b) in the event eny of ~ald tums of money herein referred to ba not promptiy and fully paid within thirty (30) days next afrer the same severally become dve and payable, without demand or notice: or (c) in the event each end every the stipulatians, agreements, cond~tions and covenents of sald promisscry note and thfs morfgage any or either are not ~uly, promptly and tuily performed, d~scha~ged, exec~ted, effected, completed, compliea with and abided 5y, then in e~ther ~r any auch event the said ag preqat~ sum mentioned in sa~d promissory note then remaining unpaid, with inte~est atcrued, and all moneya secured hereby, tha~! become due and pay eb(e fortlewith, or ihereafter, at the oprion o~ sa~d MOR7GAGEE, as fu!!y and completcly as if all vf the said sums of money were originally st~putated to be paid On s~ch day, anything in sa~d promissory note or in this Mortgage to the cbntrary nolwithStanding; and thereupon or thereafter at the option of taid MORTGAGEE, without ~otite or demand, suit at law ar in equity, therefore or thereafter begun, may be prosec~ted as if a!! moneya setured hereby had marured pnor to rts instirurion. 7. That in the event that at the beginning of or at any time t~ending any su~t upon th~s Mortgage, or to fo~eclose it, or to reform it, or to eriforce payment of any tlaims hereunder, said P110RTvAGEE shall apply to the Court having jurisdiction fhereof f~r ihe appo~ntment of e Reteiver, such Court shail Farrtiwith appoin1t a receiver of said mort9a9e~~.ap~~r~, a11 and sinc~ular, includ~ng alt and sing~lar the ~ncome, profits, issues an~ rever.ues from whatever snurce derived~llS2R"~alts~~~ery o~~vfih°~qt~~e~nt~`exp`/ess:y unders~ood, is hereby mortgaged as if spec~fically set forft: and described in the granring and habtnd~m dausts hereof, and such Receiver sha71 have al! the br.~ad and effec!ive fu.~ct~ons ar,d powers in anywi=~ entrusted by a Cour~ !o a Receiver, ar,d tuch appointment shati be made by such Court as an adrr,itted equity and a matter of abso!ute right to said MORTGAGEE, and without reference ro the edequacy or inadeyuacy of the value of th~ property mortgaged or to the so'~vency or in5oivency of sa~d MdRiGAGGR or rhe defendants, and rhat such renr~, profits, income, issues and reven~es shall be applied by auch Receiver accord~nq to tha ~ian or equity of said MORTGAGEE and the practice of such Court. 8. To duly, prompt.y and fully perform, discharge, execute, effect, complete, comply with and abide by each ane~ every the stipulatiens, agreements, tonditions and covenan~s in sa~d promissory note and this mortgage set forth. 9. That in fhe evenf the owr,ership of the mcrtgaged premises, or any part thereof, becomes vested in a prrson ofher than the M.CRTGAGOR, the MQR7GAGEE, its successors and assigns, may, w~rhout notite to the iliORTGAOR, deai wirh such wctessor or s~ccessor in interest with reference to th~s m.o»gage end the deb! hereby secured in fhe same manner as with M,ortcagor without in any way vit~ating or discharging the 1~lortgagors' liability her~. under or upon rhe debt hereoy secvred. No sa!e of the premises hereby mortgaged and ne forbearance on the part of the 1~10RTGAGEE or its wccessors or assigns ard no exr~ns~on of thc tirne for the payme.,t of the debr hereby secured g'rven by the MORTGAGEE or its successors or ass:gns, ahafl operate to relea3c, discharqe, modify ~hange or affect the ori~~nai iia~illt~ ~f the MORTGAGOR here~r, either in whole or in part. 10. It is specificaily rgreed thar !ime is of ihe essence of thls contract and that no weiver of any abl~gat:on hereunder or c~f the obligation so- cvred fiore6y s~alf at any time thereafter be neld ro bc a waiver ot the itrms hQr~af e+ ef the in~trumen+ secured harby. and agree o-p mortgagee with each mon!hiy payrnent an add,~ional sum esh.~:ated by mortgagee to be equal to l;')2 of the ennu e oliow- ing: A-All real property taxes lev~ed or assessc above desc.ibed real esrate. B-Premiums on fire an~ windstorm insurance as herein requ;re on tne improveme~ts situate an the above dsscribed premises. C-Premiums on such mortgage guarant in morrgagee shali from t me to ~ 't to carry on the loan sewred hereby. Mortgagee shali .'io irr,e norify mortgagcr in wr;t~ng of the amou~t d~e and payable hereunder ar rn shail thcreupon be due and cayable oate of rhe next montn;y payment and each s~:ce:sive month t'r~ereafter until mcrtgagee sha!t notify mortgag an e in su:h ~ IN WI7NE55 `NHEREOf. t~e taid MORT+:.AGOR has hereunto set his hand and seai the day and year {irst aforasaid. Sig~A~d Seakd~I~ de red in the~presence of;:! ~ ~ / ~ : ( l ~ _ .r t { C-~_-~ ~~~J/ ~L s - 3 ZC .C- -S' / r~ il ~ C.GZ~L { ~_(Seal) , ~ • ~/.t.<~--ti, ~ (Seai) • _ (Seai) f5cel) STATE OF ftl9ltlbR- . ~ i . ~ : S5. CCUNTY OF ' " ~ Before me personal{y appeared '~F'~»i -n,~•=rnv1 1~.Y11".At-.i-.n ~~,c,r,:~,-•~-:p . _v and - h~s ve;fe, tc me wel~ known ar.d kr,o~vn ta me to be tha ind~v~dvaus described in and who executed the foregoing instr~rnent, and ackr.ow.•edged befo~e me that thay executed the same for the purposes therein expressFd. And the taid ~'n"F'f'~~ ~:~'";'a7~~+T1 wif~,.~t'tM~Mid N~?'~r~ ',~t~•i,~,nn . upcn a saperete and priveto . 4~artt'tna4ion br~fne~taken ~eparate and aparf from her said h~sband, acknow;edged to and before me that aha executed said insrr~meni freely end volur~- f~ji!y +nd with6 '•a cpmpulsion, constra;nt, apptaheneion, or fear ~t or from her said h~sband. ~ - YI~ITNE$b ~ity,~~and and officia! aeal thls_ ~ i _ day of / " ~ ' A. D. 19..._~.Y • ' . . . . f'`// /-{-`~/~~`l-:` C.~~!`2~/" l G .~.J. _ _ . ~;•r . ,~~1, ~No!ary P~bitc in and fur~e$~te qf~~~rat Large ~ . • ` My Comm~saion expires: ~ O~ . • ~ ~et'vi`n 70: FirlY Federah 5avinga 3 loan Assocla;:on • s~~ ~!}''.`'L~ ^"`7, r;~'" > E'. . ~ , cir Fo~r P erce. StBtC Qf ,;e~~r ~':~rt., ~:;0 _ Fort P~errp, Florida QU~~it`+'='~ ~~1 ~i , ;r i.:`~~.1^`.! Cz~ ~if. F:(r_ci ir~ :.v ':'_rK ~,:.~'~i; ' C.~mr,~i:,sion Exp:~es tr~arcn 30, 1>GG ~ ~ i L~TT1Ui1 C Ft D~ 0 K ~ y~~~~~ ` '65 ~~C 3Q lO:O~i l. = t~~~._ : ~ . . ~:~~riK _ ~_~~.:~~~~~:U~~:~Y. " k~ ~.34 ~ ~ F~URI~Ja 600r ~ ~ . - _