HomeMy WebLinkAbout1582 3. To p~sc~ ~~d co~ti~uously keep on the bui!dings now a heresi~e~ s~tuat~ on aaid land and on ali equipment and perwn~lly cov~red by this matg-
sgs, with •II premivrtts thercon pa~d in (ull, fire insurance in thp usual standard po~icy (orm, jn a sum ~pp~oved by the MORiGAGEE, and wir+dstorm
tnsurante in ~he ususl ~tandard pol.cy fam, in a sum approvcd by the MORiGAGEE, in such company or compa^~es as tM MORTGAGEE may
direct; ~nd all fir~ and w~ndstorm i~surance pol~ues on any of said build~ngs, sny intcre~t tF+erein or part thereot, in the aggie9ate sum alusiaid w
in txces~ ~hereof, shall ca+tsin the ususl itandard matgagre clause w such othe? clause as tM Matgagee may requ~rs, maAing the loss under ~s~d polF
cia, each and eve?y, payable to ssid MORTGAGEE as its interest may appea?. and each and every such policy ~hall be prompt~Y +ss.gned a~d delive~ed to
any hetd by said MORTGAGEE as ~urther security to said mor~gage debt, and, e+ot leu than ten (10) days in advance of the expiration of e~ch poticy, to da
liva to iaid MORTGAGEE s renewal lhereof, foge~her with a reteipt fw thc premium of such renewal; and Ihere shall be no fire o? windsto~m insurant~
pl~ted on •ny of iaid buildings, sny i~terest there~n or p~~1 thereof, unless i~ ~he iorm' ~nd with the lou payable as a(aes~id; a~+d in the event any ium
of money brcomes p+yable unde~ such policy a pol~cies said MORTGAGEE shall h~ve the optqn to receive and apply tM ssme on ~ccovm o~ the indebted~
neu secv~ed hs~tby w to permit sa~d MORTGAGORS to receive and use it a any part thereaf lor o~hcr purposes, w~~hout th_~ebi wa~~~~~g o~ ~mpair-
inq u+y pu~fy, lien w right under a by virt~e of this mo:sgsge; and in the evcnt sa~d ~AORTGAGORS shall fw any reason fail to keep the sa~d premises so
insured, a iail to deliver promptly s~y of said po~Kies of insursnca to ss~d MORTGAGEE, w fail prompfly to pay fully any premium therefw w in a~Y
respect f~il to pe?(o~m, discha~ge, e:ecute, effect, complete~ comply with snd ~bide by this mve~ant, w any part hereof, ssid MORTGAGfE may pt+ce and
pay ta iuch inivranc~ or ~ny paN thereof without wslving a affectirg any opt~on, lien. equity, a right under or by virru~ of this Mat9aye. ~nd ~hs
:uil amovM of each and every svch paymenf ihalt be immediately due snd psyabte ~nd :hall bea. interest from ths date thereof u~til paid a1 tM ra~e ol
nine per centum per ~nnum and together with suth i~te~est shall be secured by tM lien of this mortgsge.
1. To permit, tommit or suffer no waste, impairment w dctcrioration o( said ~uoperty or any part thereof.
5. To pay all and singular the aosts, cMrges and expenses, including a reasonable attwney's fee and cos~s of abstrscts of title, incurred or pa~d s~
any time by said MORTGAGEE, becavse w in the event of the failure on ~he part of the said MORTGAGOR to duly, promptly snd fvlly perfwm, d~xha~ge.
e:ecute, effect, camplete, comply with and ab:de by each snd every the sirpulatwns, ag~elmMtt, conditions, and covenants o( ~aid p~omiswry note and this
mortgage any or e~ther, and sa~d costs, charges and expenses, cach and every, shall be immediately due and payabte; whether a not thcre be notice dc
mand, ~ttempt to colkct or suit pending; ar+d the full amount of each and eve?y such payment shall b~a. interest from the date thereof until paid +t the
rate oF n~ne per centum per arn,um; and all said cos~s, charges and expenses ~nc~~red w pa~d, together w~th wch interest, shall be ~ecured by ths lien of tha
mwty~e.
Q That (a) in the event of any bresch of this Mortgage w defaul~ on the part of the MORTGAGOR, or (b) in the event any of sa~d sums of money
herein refEr~ed to be not ,-uomptiy snd fully paid wi~hin th~rty (30) days ~ext after the same se~erally become due and payable, without demand a rw~ice.
or (c) i~ the event e~ch and every ~he stipulations, a9recments, conditans snd tovenants of sa~d promisso~y note and th~s mortgage any a e~ther are not
~uly, promptly and fully perfwmed, discharged, executed, effected, completed, compl~ed with and ab~ded Sy, then in either o~ any such event the sa~d ag
gregat~ sum mentioned in said promiuwy note then remainir?g u~paid, with iMe~est accrued, and all mo~eys secured hereby, shall become due and pay-
eble fwthwith, w ~hereatter, at the optan of said MORTGAGEE, as fuliy and completely ~s i( all of the said sums of mo~ey were w~g~nally tt~pul~ted
to be paid on such day, a~ything in sa:d prom~sswy note w in this Mwtgage to the contrsry notwitharanding; and lhereupon or Ihcreafter at the option of
said MORTGAGEE, withovt notite or demand, suit at law w in eqvity, tlxrefwe or thereafter begun, may be proxtuted ss if ~II moneys secured hereby
had mawred pnw to its inslitution_
7. Tha/ in the event that at the beginning of w at any time pending aoy suit upon this Mortgage, or to {wedose it, o? to refam it, o? to enforce
psyment of tny c~aims hereunder, said MORTGAGEE shall apply to the Cou~~ having jur~sdiction thereof tw 1he appo~ntinent of a Receiver, such Court shall
fortFiwith sppoint a receive~ of said m«tgaged p?operty all and singular, includmg all and singutar ~he income, pro(~ts, issues and revenves from whatever
source derived, eath and every of which, it be~ng eapressly understood, is hereby mortgaged as if spet~fically ut fwth and desuibed in the granring and
habendum clauses hereof, and such Receiver shall have all the broad and effective funct~ons and powers in a~yw~se entrusted by a Court to a Receiver, and
~uch appointment shall be made by such Court as an admitted equity and a matter of absotute r~ght to said MORTGAGEE, and without refcrence to the
adequaq or inadequacy of the value of tfie property mwtgaged or to the so~vency w insolvency ol ssid MORTGAGOR a the defendanis, a~d ~hat auch
renrs, protits, incwne, issves and revenues shall be apptied by such Receiver accwd~ny to the lien w equity of said MORTGAGEE and the practice of suth
Court.
8. To duly, promptly and fully per(orm, diuharge, execute, ef(ect, complete, comply with and abide by esch and every the stipulaYwns, sg~cemenu,
conditans and covenants in sa~d promisso?y note and this mwtgage set fwth.
9. That in the event the ownership of the ~++ortgaged premises, w any part thereof, becomes veated in • ptrson other than the MORTGAGOR, the
MORTGAGEE, its succeuws and assigns, may, without notice to the MORTGAOR, deal wi~h such successor a successor in ~nterest w~th reference to thia
mortgsge and the debt hcreby secured in the same manner as with Mortgagw withovt in a~y way vitiating or d~xharging the Mortgagori li~bi~ity here-
under or vpon the debt hereby secured. No sale of the premises hereby mortgaged and no fwbearance on the p+rt of ~he /J10RTGAGEE w its successws
or assigns and no extension of the time fa the payment of the debt hereby sccured given by the h50RTGAGEE or its iuccessws w au~9ns, ahall operate
to release, dischar~e, modify change w affect the original liao~lity of the AM1ORTGAGOR herein, either in whole w in part.
10. It is spec~fically agreed that time is of the essence of this comract and that no waiver of any obl~ganon hereunder w of the obligation se-
a,red hereby shall at any time thercaftp be held to be a waiver of the terms hereoi or of the instrumenl secured herby.
11. In add~tion to the fwego:ng monthly payments of princ'pa~ and interest required by the p~om~ssory note secured hereby, mortgagor covenants
and agrees to pay to mortgagee with each nonfhly payrnent an addi~iooal sum est~mated by matgagee to be equal to 1 j 12 of the annual cost of the follow-
ing:
A-All real property taxes levied w assessed agai~st the above described real estate.
B-Prem~ums o~ fire and windstorm insurance as herein requ~red to be carried on the improvements situate on the above described premius.
C-Premiums on such matgagr guaranty insurance as mortgagee shatl from t~me to time deem fit to carry on the loan secured hereby.
' Mortgagee shall irom time to time notify mortgagor fn writing of the amount due and payable hereuader and such surn shall thereupon be due and
~ payable on the due date of the next monthly payment and each successive n:onth thereafter ur.~il mortgagee shall notify mortgagor of s change in wch
I
! amount. Such sums sF.ali be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mortgage guaranty insurance
t
f piemiuma. '
~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year ':t aforesaid_
~ S" ned,~ led and livered i nce of:
~ ~ / ~ ~ +4
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~
, r!.t ~ ~ ti , •n
~sea0
STATE OF fIORIDA ~
es?in ~
COUNTY OF t T~» P
~f«~,,,~~~?,uy,~s«d J~sP-~h ~'dw.rd Wrobleski ,,,d
~u~h Pa rri Q~, WY+A~]l P. Rlr~ his wife, to me well known and known to me to be
the individwls dexribed in and who executed the foregoing instrumem, and acknowiedged befwe me that they exetuted the same for the pvrpose~
rherein expressed. And the sa~d Ruth Parrish Wrohleski
~ wife o1 the said ~TOSEn~l Fc~ward Wrohleski upon e xpsrate and priwte
~ exsmin~iwn by me taken ieparate and apart from her said huaband, atknow{edged to and befwe me that she executed said instrumeM freely and volun-
~ tarily ~nd without •rwy compulsion, constrainf, apprehension, or fear of or from her ssid husband.
WITNESS my hand and offic~al ual this 7~t~'1 day of M~r h p, 19 66
y ~ ~ - - ~ ~
Notary Public in snd ~~~S~Rf ~~~ls~ ~c at
~ My Commission expires: Q!
Rer~rn To: f ~ 1r1~r Comm:;.i;- r•;'rzs ~~r. 3, 1969
~ Fint Federal Savings a ~OaD ASSOCi~tiOn ' I~~~ ~1d~d L~ Amer.can iK~ 6 Cs:ca'ty Ca.
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