The URL can be used to link to this page

Home My WebLink About2208 3. To plac~ ~nd continvous!y kesp on tt+e bui!dings now or hereaf~er situats on said I~nd ~nd on alt equipmcnt ~nd p~rson~liy tov~~ed by tAit morp~ sye, wilh all premiur~ therew~ pa:d in (ull, fire insurance in the usual srandard poticy fwm, 1n a sum ~pproved Ay the MORTGAGEE. •~+d winds?orm insur~~c~ in th~ uiual standard pol~cy lorm, in ~ sum app.ovtd by tM MORiGAGEE, in tuch company or compan;s~ as lh~ MORTGAGEE may d~rect; and aU fir~ and w;nda~orm ]n~urance poGc:es oe any of ia~d b,~id~~+gs, +ny in~erest t4erQi~ o~ part ~hereof, in tM a99rcg~?e sum aforetaid o~ In ~aceu thrreof, ~hall contai~ the usual ~~andard mor~gagea cl~uu a svch o~her cl~uss ai tM Mor~yager may requ~r~, makinp ross unde. sa~d po~i- c~h, ~xh ~nd evNy, payable to said MORTGAGEE as itf int~ves~ may appQar, and cach air! eve~y iucA po~icy ~hall be promp~ly ass ~ned and delivered ~o •ny hetd by sa~d MORTGAGEE ~s tuni~er sKUrity to said mortgage debL and, not leu than ~en (10) dayi in advarxe o( ~he exp~rat~on of each pol~q, w d~- live~ ~o ~aid MORTGAGEE • renew~l thersof, toge~her with a rece~pt iw tl?e premium of such rer~ewal; and the~e shall be no f~re w windsto~m insur~nct plat~d on any of said bvildings, ~ny inte~e~t the~ein or p~~t thereof, unless in the forrti ~nd wi~h the los~ payabk ~s afores~id; and in the event any tum of mon~y become~ pay~ble unda iuch poGCy or polKies said MORTGAGEE shall havs ~M opt~on ~o receive and apply fhe ssme on account o1 the indebred- neu setured hereby or fo permit said MORTGAGOAS to reteive and uss it w any parl thereot lor onc~r pu~poses, ~v~~houf ~harFb~ waivi~.~ o~ ~mpair- ing any pu~ty, lien w right under or by virtue of this mo:s9aye; and in th~ evem sa~d MORTGAGORS shall fa any reawn fail to keep the s+~d p~emiie~ io ~nsurcd, o~ fai) to deliver promptly ~ny of said pofKies o( insunnce to sa~d MORiGAGEE, a fai! psomp~ly to pay futly ~ny prcmium thercfor a in u~~ respect (ail ro perfurq, d~scha~ge, executr, effect, complets, comply wirh and ~bide by th~t cove~ant, w any part hereof, ssid MORTGAGEE may plate and pay Fw iuch insu~~nc~ or ~ny part thereof without wstving or ~ffedirg sny op~ion, lien, pu~~y, w right under a by virtw of this Matqa~e, and the full amount of each and eve.y suth payment shall be immediately due and payable and ~hall bear interesl from tM dat~ tF+ereof u~til paid a1 ths r~t~ ol nine pe~ ctntum per annum and to~ether wirh suth interest shall be secured by the lien of this matgage. To psrmit, commit or su(fer no waste, impairment a deterioration of s~id property or any part the~eof. S. To pay all and sing~lar the tosts, charges and expenxs, inctudiny a reaso~able sttwney's fee and costs of abstratt~ of tirls, incvrr~d or psid st eny time by said MORTGAGfE, because w in the event of the (ailure on the ps?t of the said MORTGAGOR to duly, p~omptly snd fully pertorm, d~uhar94 execute, eifect, complete, comply w~~h a~d ab:de by each a~+d every the sYrpulationa, sgreements, conditions, and covenann of said prom;sswy no~e and this mor~gage any w e~ther, and sa~d cosrs, charges and expenses, each and every, si~sll be immediately due and payable; whcther w not there be nouce d~ mand, ~ttempt to collect or suit pend~ng; and the full amouM of each end e•ery such payment thatl bes~ interest from the date thueof until paid at the ~ate of nine pcr centum pe~ annurn; and all said costs, charges and expenzes incurced or paid, fogether w~th such interest, shall be secured by ths lien of thi~ matpaps. e. That in the event of any breach of th~s Mortgage w default on the pa?t of the MORTGAGOR, w(b) in the eve~t any oi sald swns of money herein referred to be not promptly a~d fully paid wi~hin th~rty (30) days nexi after the same severatty become due and payable, withovt demand w notice, or (c) in the eveqt exh and every t}+e stipvlations, agrccments, conditeons snd tovenanta o! sa~d promissory note and th~s matga~e any o~ either ere nol iuty, promptly and fully performed, d~uharged, executed, effected, comple~ed, compl;ed w;th and abided Sy, then in eifher w any such event the iaid ag preg+te sum mentioned in said p~omiuory note then ~emaining unpaid. with in?erest actrucd, +nd all moneys securcd hereby, shall become dw and pay- able forthwitA, p thereafte~, ~t the oprion of said MORTGAGEE, as fully a~ completely as it all of the said sums of money we~e aiginatly sripubted to be pa~d on such day, anything in sa:d promissory note or in this Mo?tg~ge ro the corurary norwirhstand~ng; and therevpon or the~eafta a~ the op~~on of sa;d MORTGAGEE, without not~ce or demand, suit at law or in equity, thercfore a thereafrer begun, may be prosecutcd u if all moneys secured hereby had mawred prlor to its institution. 7. That in the event that at the begin~ing of or at any time pending sny suit upon this Mwtgage, w to foreclose it, or to ~eform it, oi to enfact paymenf oi sny daims hereunder, said MORTGAGEE shall appty to tFx Court having ryr~sd~a~on ~hereof for ~he appomu.~ent of ~ Receiver, such Court shatl Fo~tliwith sppoint a receiver of said maigaged pro{xrty aIl and sinflular, includ~ng all and singular the income, prof~ts, issues and ~evenues irom whatever source derived, each and evcry of which, it being expressly understood, is h::,eby mor~gaged as if speulicalty xt forth and described in ~he gr~nting ~nd hebendum clauses hereof, and such Receiver shall have all the broad and e(feaive funcr,ons and powers in anyw;se ~nt~usted by + Ccurt to s Recei~er, and cuch appointment shall be made by such Court as an sdmitted eq~~ty snd s matter oi absotute r~ght to said MORTGAGEE, a~d without refererce to the edequaq a inadepuacy of the wlue of the property mortgaged or to ~hc ioivency o~ ~nsotvency o1 said MORiGAGOR or ~he defendants, and ~hat such renrs, profin, irxane, iuues and revenues shafl be applied by such Receiver accwdin9 to the lien w equity of said k10RTGAGEE and the practice of suci+ Court. , 8. To duly, promptly ar~d lully perform, discharge, execute, effect, comp~ete, comply with •nd abide by each and every the stipulations, agreements, conditions ~~d cove~snts in said promisswy note and this mwtgage set fwth. 9. That in the event the ownership of the mortgsged p~cm;ses, w any part thereof, becomes vcyted i~ ~ peraon otlxr tha~ the MORTGAGOR, the MORIGAGEE, its succcsso?s and assigns, msy, wi~hout no~~ce to t}~e MORTGAOR, deal with such successw w succeasor in interes~ with refcre~e to this mortgage end the debt hereby secured in the same manne? as wi~h Mortgagw without in any rv+y vit;ating w d~xha~ging the Mor~gagors' liability herr under a ~pon the debt f~creby :ecured. No sale oi the premises hereby mo.tgaged ant! no forbeara~ce on the pan of ths MORTGAGEE or its succeuors or as:igns and no extension of fhe time fw the payment of the dcbt hereby secured given by lhe MORiGAGEE a its succeuors w assigns, sha11 operate to releue, d~scharge, modify change a affect the orig~nal liab~l~ty of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the esxnce of tfiis conrract and that no waiver of eny obligat;on herevnder or of tF~e obliyatiort se- a,red hereby shall at any time thereafter be held tp be a waiver of the terms hereof a of fhe instrument secured herby. 11. In add~tion to the forego:ng monthly paym-nts of princ'pD1 and interest required by the prom~ssorjr note secur~d hereby, matgagor covenants and agrees to pay to rtsortgagee with each monthly payment an add~~ional sum estimated by mortgagee to be equal to 1/t2 of the annual cost of the foNow- ing: A-All resl property taxes levied w asxssed against the above described real estate. B-Premiums on fire and windstorm insurar.ce as herein requ:red to be carried o~ ~he improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shafl from t~me to time deem fit to carry on the (oan secured hereby. 1Nortgagee shall From time to t;me notify mo~tgago~ ~n w+i?~ng of tbe amount due and payable hercu~der and such sum shall thereupon be due a~d Fayable on the due date of the next monthly payment and each successive month thereafter vr.til martgagee shall notify mortgagor of s change in such amount. $uch sums shall (x applied by mortgagee toward the paymenf of real property taxes, insurance p~em:vms, and mortgage guaranty ins~ra~ue p~emiums. IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set his hand a~d seal the day and year first aforecaid, Si e led and eti i e presence of: ~ A! ~ , ~ ~h~ n - cs~.n • s~•n SiATE Of fLOR1UA ~ rt'. I ~icie ss. covNn oF ~ eefore me personaliy sppeared `~'~1f' r'nri ~7 , I~ e e snd ~'T'HT2CP4 n. Z•P,P his wife, to me well knawn and known ro ~„e ro bs the individvals described in and who executed the fwegoing instrument, and etknowledged befwe me that they executed the same for the purpose~ rherein expressed. Md ths ~aid_ t''T'871Cf'•9 p I~AP w~fe ot the said T~'1P 2'OTl N. I~P.@ upon • ~ste and ivat~ examin~tioo by rtro taken separate and ~par1 from her ssid hu nd, sc4nowf ~ taril and withovt • ed9ed to and before me that aha executed s~id instrument froely ~nd volurt~ Y ~y compvlsion, constraint, appreheni fear of or from her said husband. WITNESS my hand ~nd official ual this da ~ Arril v ,9 66 ~ ~ Notary Public in snd for the Stite of Florid~ ~t Larpe My Commiuipf expirts: a~n,?~ To: p~, State ~i f{ortd~ st i4 9 Fint fedsr~) Savings a loan Associat:on • reS 3• ~ mission EXp~ Of Fort P;e«<. FIIED :.~dD RECORDEO Y~,~ ~-«~•p :~.:~;liU j , . FOff • Pierce. Flor'rda } ~ ' ' c„`~-;. = Of#~ciai Re~oo~c , ->>,..:::::~?s . • _ • • • , _ . . ' ^ , _J'` •~i~'11s~ ` v !~j 'i" . f-- • • ~ . ° ~ ~ ~ ~G : " '66 Pt? 5 Pt~ 3 : I 6 . : ~ ; ~ . : ~ ~ ~ ~ 144~~U ~ : . _ - ~ ~ ' ~I,, : _ .3 t`- - x ~ - . .'`j~isj r: T ~ . . i , . : , ` " ' ' r: .l. tiL~F~(~ ~ R _ ~ ~ - vw~-.;• ~ r~~ ST. LUC1~ CvUN i Y, ~ ~ ~ f,~~,;..~` FI..OR1~A `~~:tr;,ts~~ ~~~1 go~x142 40~ . { ~ ~ ~ : ~ ~ - - : '~~c;~ .K+z'w..,.~r~' ~'fr.r° rw _ .-:~-'a~-" . . _ '1"'s.~~ .