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HomeMy WebLinkAbout0661 , - ~ i _ . j 3. To plx~ ~nd contin~ously kNp on tM buiiding~ now a Mrcafta utwte on said land ~nd on all equipme~t and p~nonally mvN~d by thh mortp~ g~ w~th all p~miwr4 rhe~~on pa~d ie iuq, fih i~w~r,p in the ~sual sunda.d policy fo.m, a sw» approv~d by tM MORTGAGEE, snd winds?wm LMUr~nc~ b th~ vwal 1fM~dird pdKr fora~ il? • MNU app~Ove~ by the MORTGAGEE; in tvch company pr tompanies ~s tM MORTGAGEE may ~ncq ~nd ~N fk~ am! windporn? Maw~ policia on ~ of Nid bu+MG~pl. My i~ten~~ therein or put thanof, te tM a~Qresa~~ ivm ~faaaid a b~xpa 1l~~of, ~hafl torttain tA~ wval atanda?d matp+~ dws~ a such aM~ d~uN N N» Mortpay~e m~y ~puk~. ma~inp tF+~ los~ ~nd~r uid polb ti~„ NCh M+d tvNy. WYabb b said MORTGAGEE q ib iMNesl en~Y ~PW+r. and !KA ~nd lvMy WtA polity ~hatl b promptly ~ss:9~ed u+d dttivered to .nr h.ld by wid NtORiGAGEE •s furiha s.cu?iry ro uid mw~pap. dsbt, sod, no1 kss N~+ tM d~ys in ~dvance of the ~xpiwtwn of ~ach policy, to da liwr b s~id MORTGAGEE s rMewsl thsreof, top~tF?K with ~ receip~ fo~ th~ pr~miwn of such ?~e~ew~t; ~nd ther~ shall b~ ro fir~ a windNOnw Inwr~ plaad on a~y of said b~rildirgs. ~Mr intcrat tMr~in or puf tMroof, untess in the to?n+'and with tM bu payabl~ as afor~iald: and in th~ ~wnt any wn~ of morwy becan~s psyable under wch policy or polici~s taid MORTGAGEE shall h~w tM optan ro receive and ~pply the s~m~ on xcounl o~ tM Md~bted~ osu secvr~d h~repy pr b petmif faid MORTGAGORS t0 rtteive and vs~ i1 q~ny parf thcreof fot othc~ purposes, withput thareb~ waiving q impair- te~p u~y pu~ty, li~n or ~ipht under or by virtus of this mortQape; snd in t?w went u;d MORTGAGORS iAall fa ar?y ~eason fail to keep tM said prtmi~ sp i~ured, q 4i1 lo delirer promptly any of said policies of inswsnte to said MORTGACaEE, a fsil promptly to p~y fully ~ny p~amium therefw p in anr hsp~ct fail to pafoar~, dischuge, ~xecute, ~ffect, complete, comply with and abide by this covenanl, or a~y pa.t hereof, said MORTGACaEE m~y place and paY fa such lnwranc~ w any p~rt thereof without walvinp w ~ffectinp any optioo, li~n. p~ity. a ~igh~ under a by virtw of thii Mat~sp~, and ths futl amo~M of ~ach ~nd ~wry such paymee?t shall bs immediately dw ~nd p~y~bl~ and shall beu intaest from ths dat~ thereoi unti~ paid ~t tht raM of nin~ pN cenwm p~. anrwm a~d togaha w;~h sucA interest shsU be secured by tM li~n of this mortp~e. 1. To p~m~it, cwrunit a s~ffN no wute, impairment or det~riwation of said property p ~m p~rt theteof. 5. To p~y aIl and sirgvlu tl+e.costs, chuyes and exper?ies, i~cludinp s re~sonabte anw~ey ~ fee and cos» of ~bst~acts of titls, incvrr~d o. p~id any twne by said MORTGAGEE, becs~ss or in the ~vent of the iailure on thc psn of ths said MORTGAGOR to dvly, promptly ~nd fvlly perform, drscharq~ execvte, tffacf, compkt~ tomply w~th and abide by ~ach and every the itipulatwns, agreemenq, cond~tio~, and eovenants of uid promissory note and thii matyape ~ny or eithc?. and sa~d costs, charges u~d expen~es, esch and every, shall be immcdiately d~e and paysble: wfiether a not tF~er~ b~ notice da mand, atttmpt to coiiett or wi1 pendinps u~d the fufl a~rau~t of each and every wch payment shall bear interest from the date thereol v~til paid at the rale oi nine per ceotum per a~num; and all said cbsts, chuga ~nd expenses incvrred w paid, togNher with such intarat, shall be Ncured by tM lien of tAi~ ~9~- b. 71wt (a) in the event of aey breach of tAis Mortgsge w default on the part of the 1NORTGAGOR, or (b) :n fhe event any of ~id wms of money Mni~ r~ferred to be not promptly and fully paid within thiry (3p) days next after ~he same uvcrally become due and payabk, without demand w notice, w(~ in the evMt each and avery the it~putatioos, agreernents, conditions snd coveMnts oi sa:d promissory rate and th~s mortgape ~ny or eitAe~ ars nol ~uly,_promptly and fully performed, dwcMrped, executed, effected, completed, compl~ed w~~h ar.d sbided Sy, theo in either a sny s~ch event the said ap~ pre~t~ wm r~tio~ed in s~id p~omiuory nete then remaining unpaid, with interest accrued, and a11 moneys setv~ed hereby, sMll becon~e dw and pay~ •bt~ forthwitly p 1INfN~tN. at tl+~ oprion of said MORIGAGEF, as fvlly and comple~ely a~ if a!I of the ssid wms of monay were aiyin.lly snpul~ted ro be pa7d on such day. anything in ss;d prom~ssory oote or in thia Mortgage to ~he contrary notwi~hsranding: and thereupon or thereaha at the opuon of s~id lIAORTGAGEE, wilhoul notrce w dcmand. wit at law or in puity, thcrefore w thereafter begun, msy bc prasecuted u if ~0 morrcrt setvr~d hereby had matured ptiw ro iri i~utitution. 7. That in the event that at the beginnieg of or st any time pending ~oy wit upon this Matgsge, or ro foreclose h, w to roform it, p to enforq p~yment of ~Mr claims hereunder, ssid MpRTGAGEE shall apply to the Co~?t having jurisdiction thcreof fw the ~ppomtment of a Receive~, such Court shall fatFiwith appoint a rae~ver of said mortgaged property all and sirgular, incl~dmg all and singular ~he income, p?ofits, issues ~nd revenues from whatever source derived, eath and every of which, it bting expressly un~krstood. is hereby mprlgaged ~s if tpetifitally set fotlh and dexribed in the yrantinq ~nd haba+dwn ctavses hereoi, and such Receiver shaN have all the broad and effective fvnct~ons and powas in anywiu entrusted by • Court to a Reteive~, and wch ~ppointment shall be made by wch Court as an admitted equity and a rt+~tter of absolute ~ght to said MORTGAGEE, and without reierence to tM ~ ~deq~scy or i~adequaty of the value of the ~operty mwtgaged or to the soivency or insolvency of said MORTGAGOR o~ the defenda~ts, and that such ren», profin, incomq ;ssues and revenves shall bs ~pplied by such Receiver accordiny to the lien or equity of said N10RTGAGEE and the p?actip of such Court. 8. To duly, promptly and fully perform, discharge, execute, effed, complcte, comply with and abide by each and every the itipulations. ag?eemenq, ca~ditaru and covenants ;n said promissory nofe and tbis mortgage set fwth. 9. That in the evcnt the ownership of the mortgaged premises, a any part fF+ercof, becomet vested in s person other than the MORTGAGOR, tl+~ MORTGACaEE, its svcceswrs and sssgns, may, without norice to the MORTC,AQR, deal with such successa a successor in interest with reterence to this mortyaye srtd the deb! hereby securcd in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgegors' liability here. under w upon the debt hereby secured. No ssle of fhe premises hereby mortgaqed and ra fwlxsrance on the pan of the MORTGAGEE a in succ~ssors or sugro and no extension of the time for fhe p~ymem of fhe deb~ hereby secured yiven by the MORTGAGfE o~ its suctesson a auqns, ihal! operate to rekas~. discMrpe. modify cMnge w affect the orginal li~b~l~ty of the MORTGAGOR herein, either in whok a in p~rt. 10. It is specifically ag~eed that time is of the essence of this contrad and that no waiver ol sny obl~gata~ herev~kr a of fhs obliy~tion so- a:red hereby sMll at any time thercafter be held to be a wafrer of the terms hereof o~ of the instrument securtd herby. ~ 1 i. In add~tion to the (aego:ng monthly payments of princ'p~l and interest required by fhe p~om~ssory nore secured he~eby, mortgsgor covenants snd ~greea to pay to mortgsgee with each monthly payment an add~rional sum estimated by mortyagee to be eq~al to 1/12 of the annuaf cost of the follow- ing: `A-All real property tsxes tevied a auessed agai~st the above described real estate. B-Premiums pn fire and windstorm insursnce as herein requ~red to be carried o~ the improvements sitwte on the sbove described premises. ' C Premiums on such mortgage gwranty insurar,ce as mongagee shall hom t~me to time deem fit to cs?ry on the loan setvred hereby. Mortgagee shall from time to tirt+e notify mortgagor in writing of the amount due and psyabk here~mder and such wm sF+all thereupon be due snd payabk on the d~e date of the ne:? monthly paymem and rach success~ve mon1F~ theresft:r urtil mortg+gee shall notify mortgagw of a tharge in such amount. Such sums shall be applied by mortgagee toward the payment of real propeAy taxes, insurance prem:ums, and mortgage gwr~nty inwr~nce premiwns. IN WITNESS YYHEREOF, the ssid MORTGAGOR has hereunto set his hand and seal the day and year fint aforesaid. ' S~p~sd, 5~ fd and ed io the pesence of: p~,, ~ ~Y/'L~.l,~.Gc...! 2~ - 1 fSe+9 ~ . ~n ; ~ ~.q STATE OF FLORIDA ~ cour~tir oF _ 3ain~ Luc ie Befwe me perso~lly sppeared - MAf: .~B OVA ~~g1g 8(~ill t ~ ~e, to me well known and known to ms to bs the individw desvibed io ~nd wMq executed tF~e foregoirg instrument, and sdcnowtedg'sd befwe me that t~1C executed the ssme fw the purposes thatin expressed. J~~liaf i19 ~RJ6Kl6iCliix - lh)f~faYt~C~y7Co~'e7St~c~fn7SiX~r7NC]6~Lfp1LcY.7E~CBf~iGTa ~GK~iG97G~t7GX~Ti~iil~Ci67L3oZ+7LJC 4N~04C~R~C+lYC7Q~X4~9[~1QOC7~ ]6KDt7Q~CXe7CliAi)6~i[Of~l. . WiTNf55 my hand ~nd oifici~t seal thi~ 7 dsy of A. D. 19~LSL_ i Notsry VuW' in u~d for the Statt of Florida ~t lups Yb: , N+r eomm~ ion •npi.es: ,~:?Fi~Jt`Jlt. fii+at f~~,~+irinp~ ~f 4qin Assotiat;on • Notary PubGq StaM of Rorids at l,arge , t a~'renTrl~se: My Commission Expires Aug. 6. 1967 • f-,~ , F~.~~ , 8ondod By Amorican Sursty Go, of N. Y. -~-~~~'T~~ ~p R~ "•`:;,,q~'s-~ ROEp _•f•.,.: . ~ . . , ~ ' ` ' - I A~~ 1~~~' ~ ~ -io ~~K _ = . • , ; •t •r~` ~ , , 7 ~ - :_t ~ • ~ , P~9 3 . 3 p _ , _ ~ _ ' ~ . - ~ x ti- - - . , _ , ~ ~ _ ~o;; ~ : , l • - = - • i • - 4 7 : r~• ~+yF ~ f,,' : L~ f. ~ , . . `G`-' ~ ~ ' ~ ; ~ _ , t,JIJ . - ~~S'x` . ` ~LO~j~~j~~~~Y K - •;zi . D,; ~ 800 : ~ , ~,r ~f~~ 4 ti % ' ~ ...~~~~.~?'r', _v^~5.~ _ " _ ' ~ _ . _ . . _ .°r ~ . .