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Home My WebLink About2334 3. To plx~ and continuou~ty keep o~ the bvitdings now w MresAsr a;fwte on ~a;d land and on sll equipmem and penonally tovatd by tAia maty~ egs, with •11 premiuMf the~eon pa~d in full, t~re insu~ance ~n ~he vsuat standard policy fwm, le? a sum app?oved by ~Ae MORTGAGEE, a~tl wir+ditwm insurante in the ~iual tNnda~d pol~cy fwm. in • sum ~pproved by ~he MORTGAGEE, in such compa~y ot tompanies as ths MORTGAGEE m~y d~rect; and all ii~e and w~ndsform iniurance pol~c~e~ on any of sa~d buitd~nys. ~ny interssl therein or pan thereof, i~ ~he ~ggreg~~e sum aforesaid o~ in ~aces~ thcreof, iMll contain ~he usual s~andard matgage~ clause o~ such o~her clause ai the Mor~qs9ee m~y rcqv~rs, making t~ie lass under said poli- ues, tach and every. payab~e to s~id MORIGAGEE ai ~t~ inte~est may appear, and each ~nd avery ivch policy ~hsll be promplly ~ss.gncd and deiiveted to ~ny heW by said MORTGAGEE as furthe~ ucu~ity to aaid morlyage debt, ~nd, not leu than ten (10) days in adv~nce of the eYpir~tion of each policy, to dt liver lo s~id MORTGAGEE a renewal thereof, together with a receipt tw the p~amium oi tucA renewal; and there s}wll be no fire o? windstorm in~urants p~aced oe~ iny of said build~ngi, ~ny intereit therein or part the~eof, unless in ~he form'~nd with 1M loss psyable as afo.esaid; and in the event any sum of nwrwy becoma p~yable und~r iuch polrcy w polK~es ia~d MORTGAGEE shall Mve the opt~on to receive and appty fhs same on accovnt o1 the indebted~ ness secur~d hereby w to permit said MORTGAGORS to ?eceive and uf~ it or aoy part thereof (w ofher purposes, wi~ho~t ~h~rfbr wal~~~iq a~mpair- iny ~ny p~iry, lien w r'ght unde~ a by virtw of this mo:tg~ge; and in the eve~t ia~d MORTGAGORS sAall fw sny reason fail to keep ~he said premises so msu~ed, w fail to deliver prompHy any of said pol~cies of insursnce to said MORIGAGEE, a iai! promptly to pay fufly any premium thc~efor w in any reepect fail to perfum, diuharge, e:ecute, eifecf, complete, canply wi~h and abids by th~s cove~ant, w any ps~t hereof, said MORTGAGEE may place a~d pay fa tuch iniuranct w any part thereof withoul wahrinp or aNectinp ~ny optio~, lien. equity, w right unde~ or by virtw of this Morrgafle. and rhe full amouM of each and we+y sucA payment sF~all be immediately dve ~nd payabl~ ~nd thall bear iMCrest irom the dat~ thcreof until paid ~t tM rate ot rtine per cea~tum pe? annum ~nd to~ether with such interest sMll be secured by the lien of this mort~age. 4. To pKmit, cornmit or suffer no waste, impairment or dcteriwation of iaid {xoperty or ~ny p~N thereof, 5. To pay atl ~nd ainyulu the.costs, charges and expe~ses, cnclud~ng a reasonabte attorney'~ fee and cos?: of abst.act~ of ritte, ;ncurred o? pa~d at any time by said MORTGAGfE, because ot in the event of the failure on the pan of the said MORTGAGOR to duly, promptly and fully perfwm, d~uharqe. e:ecure, effect, comptete, comply with ar+d ab:de by each and every ~he stipulations, agreemenn, conditions, ~nd tovenann of aaid promissory ~ote and rAi~ mwtgape any a either, and sa~d cosr:, chargq and e~cperre~, each snd every, s1»II bs immed~ately due and p~yable; whether a nof tF?er~ be no~ice da mend, attempt to collM w s~it pend~ng; and the full amount of esch ~nd every such paymcnt shall bea? interest from the date thereof until p~id at the rate of nine pe~ ccntum per ~nnum; and all said costs, charges and expenses inturred or paid, together w~th such intarest, shall be aecurcd by ths lien of thu morty~. e. That in the event of any breach of thii Mortgsge w defav~t on the part of the MORTGAGOR, a(b) in the event ~ny of sa~d :ums of money he~ein refer~ed to be nol prompt~y and fully p~id within th~rty (30) days next after the same severatly become due snd payable, without demand w notice, or (c) in !he ewrt? each and every ~he s~ipulations, sgrecments, condifions and covensnn o! sa~d promiuory note s~d th~s mongage any or ei~he? are no~ ~uty, promptly and fully per(ormed, d~uharged, executed, effected, completed, complied with and abided Sy, then in either o~ any such event Ihe wid ag- yreqate sum mentioned in said promiuory note the~ remaining unpaid, weth inleresl accrued, and all mo~eys setured hereby, shall become dw and pap able forthwith, a therealter, at the option of said MORTGAGEE, as fully and comple~ely as i( ~II of the said sums of money were orginally u~putafrl ro be paid on such day, anythirg in sa:d prom~sswy note or in this Matgage to the contrary notwithstanding; and thereupon a thereaftei st the opt~on af sa~d MORiGAGEE, without notKe or demand, suit at law or in equity, therefwe or thereat~cr begun, may be prosecuted as if all moneys secured hereby had rtWWred pr~w to iti institWioo_ 7. That in 1hs evcnt that at the beginning of or at any time pend;ng aay suit upon this Mortgage, a fo foreclose if, or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof iw the appo~ntment of a Receiver, such Court sha{I fortliwcrh appoint a receiver of said mortgaged property all and singular, incl~d~ng all and singular the income, pro(its, iuues and revenucs from whatever source derived, each end every of which, it being express(y unde+sropd, ;s hcreby mw/gaged as if specitic~lty set forth and desuibed in the granting and habendum cleuses F+e~eof, and suth Receiver shall have all the broad and eiiec?ive funct~ons and pwiers i~ anywise entrvsted 6y ~~ou~t 4o a Rcceiver, and such appointmenf ihall be made by such Court as an admitted eq~ity and a matter oi absolute right to said MORTGAGEE, and withovt ae~erente to the edcqusq w insdequacy of the valve of the propery mwtgaged or to the sorve~cy w insolvency oi se~d MORTGAGOR w the dcfendants, and that such rents, profin, i~cane, iuves and revenues shall be applied by such Receiver accwdi~g to the lien or equity of said MORTGAGEE and the ptxtice of such CauA. 8. To duly, p~ompdy and fully perform, discha?ge, execute, effetl, complete, comply with and abide by esch and every the stipulations, agreementi, conditions snd covc~ants in sa~d promissory note and th~s mortgage set fwth. 9. That in the event the owne~ship of the mo~tgaged premises, w any part thereof, becomea vested in a person other tha~ the MORTGAGOR, the hiORTGAGEE, irs succeuora and ass;gns, may, wi~hou~ nof;ce to the MORTGAOR, deal w~th such s~cceuw a successor in interest with reterence to this mort9sge ~nd the de61 hereby secvred in the same manner as with Mortgagw without in ~~y way vitiating p d~scharging the Mortgagori lisbility here- undcr or vpon the debt hereby secured. t~[o sate of the premises hereby mortgaged and no fwbearance on the pan oi the MORTGAGEE a its successors or a:signs and no ext~ns~on of the time for the payment of the tkb~ hereby setured g7ven by 1he MORTGAGEE or its tuccessors or ass~gro, ,hall operate ~o relcase, oiuharge, mod;fy change w affect the wiginal liability of the MORTGAGOR herein, eitlie~ io whole or in part. 10. It is spec~fically ag~eed that time is of the essence of th~s contract and that no waiver of any obligat~or~ hereunder or of the oblfgation tt a,red hereby sha11 at any time tMreaher be hetd to be a waiver of the terms hereof or o~ the inst?umeM sccured herby. 11. In add~tion to the fwego:ng monthly payments of princ pD1 and intrrest required by the promiuory npte setured F~ereby, matgsgor covenants and sgrees to pay to mortgagee vvith each monthly payment an add~rionsl sum est~mated by mortgagce to be eqval to i/i2 of the annual cost of the follow- ing: A-All real property ta:es levied w assessed against thc above described real estate, B-Premiums w? fire and windsrorm inswance as herein requ~red to be ca+ried on the improveme~ts situate on the above d-scribed premises. C-Premiums on such mortgage gvaranty insurar.ce as mortgagee shatl from t~me fo time deem fit to c+rry on the ban sec~red hercby. Mortgsgee shaN from time to ti.~rse notify mortgagor in writ;ng oi the nmovnt due and psyabte hereunder ~nd such sum shafl thereupon be due snd ~ayable on the due date of the next monthly payrrKnt and exh svtcessive mpnth thereaiter ur.til mortgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurante pr~miumf. IN WITNE55 WHEREOf, the said MORTGAGOR has hereunto set his hand s~d seal the day ~ ear firs foresaid_ ~ ( SEAL) S~p~ed, Se ed and ivered in the presence of: e ~A . ~ . 'v`~ n . ~ SiATE OP fLOR10A ~ ( SEAL ) couNn oF S t. Luc i e Emerson Before me personapy ~ppeared . ~ , ~amnson and Iris San~pson, his wife ~ h,s wife, w°~„~,8„n a°„a,,,,,, the lndiv~dwls described in and who execWed the lwegoirg instrument, and ~cknowledged before me thaf they execvted the same for the purposet therein expressed. Md the sai Il .S S ii1 ~ /J~'~'~i~n ' T. w~ o .~~a • atn~son, ~pon a sepa+ta a pnv • examin~Pw~ by me taken separate and apart from said husbancg stknowl to and befwe me that ~executed said instrument fretly and volu~- ` rarily and witlwut ~ny compulsion, const~aint, spprehension, or fesr of ot frunn~aid husband9. i WITNESS my h~nd and official seal tF?i: /~~r day of A. D. 19~1,.._ ; Notary Pu in ~nd fw the State of Fbrida af larye Retum Ta MY ~oo eapires: fint fedetd.Syuitq~t~ toan Association (~}Otary PUbNC, StaM Of NO~d~ at Latg~ f F~~€~ ANG PFCORDEC t~y comm~s~~o~ Exp~res ~ug. 6, ~967 ~(a ~,e~~,«. ~ _ ; nl[j~ta ~ Bonded By Amer;can Sunty Co. of N. Yi j ~eN ~aie?tei ~lor;da ' ` • ViT ~~----~~OOKQ ~ . ` d . o ~ f • - cti'c-t~..l~ ~i • a,- r. : : U s • C ~ : ~ ~ _ I~,F~ 7 P~~S 3 . I ~ ~ . ~ - 144313 ~ : _ - i2GGCit t _ . i;L~RK ~ . ST, LiJCf~ COUN1"Y. ~ FLORlDa d 8o x14z ~z8 x: ~ e ~.x ~~~.~~Y`~°~'s-^..~"~ ' ~~s . . ' .s"r;~ - °