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HomeMy WebLinkAbout2074 To pl~c~ and continuously keep on the buitdings now w Mreafrer siruate on sa+d land and on al! equipmero and penonally covned by thii mort~- ~Q~, with all premiumf the~son pa~d in (ull, i~re insurence ~n the usval standard policy form, jr? ~ sum approved by ~he MORiGAGEE. •nd w~~+dstwm insur~nc~ in ths uswl standard pol~cy fo~m, in a sum app~oved by ~he MORTGAGEE, i~ iuch company or compa~~es a~ the MORTGAGEE may dir~ctj ~nd ~tl (in and w~ndseorm iniurante polidea on any of said buiid~~+ys, ~ny i~tere~l tnerein o? part Mereof, i~ tM agqregate tum ~fpesaid p in ~ICt~lt thereof, sMll contain the usual standard mwtgagee clause o~ suth othe~ dausa as 1he Mortyages may requ~re, makin~ tht loss undar ia~d poli~ cia~, ~ach ~nd every, payable to ssid MORTGAGEE as iti inrcresf may appear, and exh and evey a~,ch paccy shall b~ promptly ~u.gncd a~+d delivered ro eny !?e!d by s~id MORTGAGEE ai tur~he~ security to uid mo+tgage debt, and, ~ot leu than fen (10) days in advance of the expiratio~ of each policy, to d~ liv~r to said MORTGAGEE e renewal thereof, together with a rece~pt (o~ the premium of tuth renewal; and there shill bt no ti~e or windstorm inaurant~ pl~c~d on a~y of iaid buitdings, any interest therein or pa?t thereof, unleu in ~F~e fonn'and wi~h th~ loss ~ayable as afwes+id; and in the event any tum of morwy becomes payable under such policy w policies said MORTGAGEE shall haw tM option ~o receive a~?d apply tM same on accoun~ o~ the indebred~ neu iecur~d hereby w ro permi/ said MORTGAGORS to receive and use it w any parl thereoF lor other purpoaes, w~thout ~haieb~ waivi~y or ~mpair- ~~q i~y puity, lien a ~i9ht unde~ w by vi~tue of this mor!gage; and in the ereM said MORTGAGORS ahall (or any reawn fail to keep the said p?emwes so in~ured, o~ fail lo deliver promptiy any of said policies of insunnca to said MORTGAGEE, w fait promptly to pay fully arty prem;um therefw a in a~y re~psct iail fo perfo~n~, dlscharge, exe~cute, effect, comptete, comply with and ~bide by thia covenant, w a~y part hereof, said MORTGAGEE may place and pay fw such insurance w any part thereof without w~tving w affadir~ any optioew, lien, equity, or right u~der w-by virtw of this Mortgaye, snd the full amou~t of each ~nd every such payment shaU b: ;mmed~ately dw and pay~ble ~nd sAa11 bear interes~ from ths dare thcreof until paid a~ tAe rate ol nirN pe~ tentum pet annum and together with suth interest shall be secured by tM lie~ of thi~ mwtga~e, To permit, canmit ot suffer no waste, impairme~t o~ deterioration of s~id property or any part thereof. S. To pay all and iinpular the.costs, char9es and expe~xs, including a ressonable at~wney i fee and coats of ~bstrads of title, incurred w pa~d at any time by uid MORTGAGFE, becavs! a in fhe event of the ta~lure on ~he pa~t of the said MORTGAGOR to duly, promptly ~nd futly paiwm, d~scharge. execute, effect, compte~e, comply with and ab:de by each and every the itipulat~ons, agreemenn, coaditiwu, and covenann of ~aid promisso~y note and ~his mortgaye any Or eilher, and ucd cosrs, charges and experres, each and every, :hat! be immed;ately due and payable; wlxthe? w nof ihere be notrce de mand, s»empt to tollect or suit pending; and ths full amo~nt of each and e~ery such paymeM shall besr interest from the dete thercof until p~id ~t the rate of nir?e per centum pc~ annum; and all said coats, charges and expensea incurred o~ paid, fogether w~th zuch interest, shall be setured by the lien of thi~ mortpays. A. Th~t in the event of any Ixeach of this Mortgage w default on the part of the MORiGAGOR, or (b) ~n the event ~ny of ss~d tums of money herei~ ~tferred to be not prompny and fully paid within thirty (30) dsys next afier the same seve?ally become dve and payable, without dert+and w notice. or (cj in the ever~t each and every the stipulations, agreen~ents, ca+dirions and covensnn of sa~d promiuory nofe and th~s mwtgs~e any a either are not ~uly, promptly and ful:y performed, dluharged, exccuted, eifected, completed, compl;ed with and abided Sy, then in either w any such event the said ~g pregat~ wm mentioned in said promiuoty note then remaining unpaid, with intere:f xcrued, and a11 moneys setu+ed htreby, shall 6etome due and pay- able fathwith, a theresftea, at the option ot said MORTGAGEE, as fully a~d completcly as if a!I of ~he said wms of money were a~ginalty st~pulated ro be paid on such day, anything in sa:d promtssory ~ote or in tF~is Mortgage to the contrary norvithstand~~g; and thereupon cr thereafte~ at tM opt~on of se~d MORTGAGEE, without norice or demand, suit at law w in equity, therefwe w thereafter begun, may be prosecuted as if ~II moneys secured hereby ; had m~tured prior to iri institution. i 7. Tl+~f in the event thar at the beginnirg of p at any time pending aoy su~t upon this Mo?tgsge, or to forec!ose it, a fo refwm it, or to enfwp peyment of any cfaimf hereunder, said MORiGAGEE shall apply to the Courf havi~g jurisdKt7on fhereof tw Ihe ~ppo~niraent of s Receirer, such Court shall FertFiwith sppoim a receiver of said mwtgaged property all and singular, includ~ng all and sir,gular the income, proiits, issves and revenues from whatever sovrca derived, each a~d every of whKA, it being expressty undcrstood. is h_reby mwegaged as if ~pecificatly set fath and described in f!x gr~roing and habendJln clauses Aereof, snd such Rcceiver shall have al! the broad and effecrive f~nct~ons and powert in anywise entrusted by a Covrt to a Retei~er, ~nd cuch sppointment shall be made by such Court as an admifted equity and a ma~ter of absolute right to said MORTGAGEf, ~nd wi~hou~ reference to the adeqvacy a i~udequacy of t}~e value of the property matgsgtd or to the wtve~cy p i~solvency of said MORTGAGOR or the defendants, and thal suth renrs, profiri, incant, iu~es and revenues shall be applied by such Receiver accordiny to the lien o~ equity of said MORTGAGEE ard 1F~e pradite of suth CouA. ~ 8. To duly, prompHy and fufly peiform, discha~ge, execure, effect, comptete, comply with and abide by each and every tlx stipulationa, agrtcments, condiYwns ~?d coveoants in sa~d promissory note and this mortgage set fath. 9. That in the event the owne?ship of the mortgaged p~emises, or any part thereof, becomes vested in a pe?son other than the MORTGAGOR, ths MORiGAGEE, ifs auccessors and auigns, may, without notice to rhe MORTGAOR, deal wi~h such successw a successor in interest with reference to this mo~tgage and the debf hereby secured in the same manner as with Mortgagor w;thout in any way vituting or d~uMrging the Mortgagori liability here. under a upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance o~ the part of the MORTGAGEE a its successon or sugns snd no extension af the time for the payment of the aebt he?eby secured g~ven by the MORTGAGEE or ih s~ccessors or ass~gns, s,'tiall operale to release, d~sthsrp~, modify ch~nge or affett the orig~nal liabil~ty of the MORTGAGOR herein, either in whole w in psrt. 10. It is specificslly agreed that time is of the nxnce of this contract and that no waiver of any obtgat~on hereunder w of the obtiyation se- a.red hereby shall at any time tF?ereafter be held to be a waiver of the terms hereof w of the instrument setured herby. 11. In add~Ywn to the forego:ng monthly payments of princ'pD1 and interest requ~red by the prom~asary note secured hereby, mwtgsgo~ covenants and agrees to pay to morlgagee with each momhly paympnt an addirional sum est~mated by mortgagee to be equal to 1~`12 of the annual cost of the fol(ow- ing: A-All rea) properry taxes kvied or sssessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein requ~rCd to be carried on the improvements situate o~ the above described ptemiset_ C-Premiums on such mortgage guaranty insurance as mortgagee shall irom t~me to time deem fit to carry o~ the loan secured F~ereby. N~ortgagee shatt from time to time notify mortgagor in writing of the amount due and payable heseunder and sucF~ sum shal! lhereupon be due and payable on the due date of the next monthly payment and each successive month thereafter vr.til mortgsgee shall notify mortgagor of a change in such amount. $uch sums shall be ~pplied by mortgagee toward the payment of real property taxes, insurarxe prem:ums, and mortgage guaranty insurance prcmiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto ut his hand s~d seal the day and year first aforesaid. ned, eakd u~d deli ered in the presence of: ~ ~ , n , ~.n r~+q ~se.n ~ ATE OF FLORIDA ~ ; COUNTY OF St. LUC1@ S Before me personally a a.ea Hub e r t A. P e ra Z t a I`~ Pera ta '"d rl Q B. his wife, to me well known and known to me to be the individwis dewibed in and w}a e~etuted the fwegoing instrument, and acknowledged before me that they executed the same fu the p~rposes rherein expres~ed. And the sa~d_ - Tri R$ p ra 1 8 w~Fe o+ ~h. ~ad ~iube rt A P e ra 1 t a •.N~M''. ,v.f. examination b me taken se ~ , Y parate and apart from her said husband, atknowledged to and befwe me that she execvted~~ ' tr t fn~~,~d vo(un- rarily and witho~t any compulsion, constraint, aprxehension, pr~ear of or from her ssid husband. ` WITNE55 my hand ~nd offidsl seal this day of ~ 4•'• • ~.•pYi~.~ _ . . ~ nd : N = t . - - Nota.y Public in and tor t t~te~f Fbr ,~1ar~~ - i My Comm' ion ex '(;ye;: ~ ~ Retv~n Ta: lla3~ ~ ~ ~ """;r~~ ~ Fint Federal S~vings a Lwn AssociaYron ( 9 . , ,`~y Of fat o;e«~. FILED ANa REGORDED ~ . i~ fo~: Pierce. Florida 1!? •~-_~,?yy"•_ p OK M.IN ~~~e~a;~~t, ~ ? ~ ~ . ~ ~~;;~':,~,c 'S6 APR 4 AM 10: 2 _ ~ r~ - '~c" _ 1~~_IE~J ~ ^ ~~_.~r:..` ROGti~ . i =~:•~uyTYRK - , - ST. LUC1E CO , FI.ORIDA ; 7' ••.....r+ , i ~ . ' 0R i • BDOK ~ 42 2U9 n ` ~ . - ~ : - _ ~ ' " ~ C~~ _ y : ~ ~nt''_: _