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Home My WebLink About2340 To plac~ and continuousiy keep on the bu~~dings now w hereaiter ~~tua~s on aa+d land and on ~II equ~pment ~nd p~no~ally covaed by ~hi~ matQ. •g~, wi~h •II prcmiums tlKreon pa~d in tull, fhe insurance in ~hs usual srandud po1~q form, ~ a sua? approved by the MOR(GAGEE, and wind~~am insur~nc~ in tM uswl ttandard pol~cy tam, in • sum approved by ~hs lNOR7GAGEE, in sucb company or tompaniei ss tM MORTGAGEE may duedJ ~nd all fir~ snd w;ndstorm insurance polK~es an any of sa~d build~nys, +ny intereet therei~ or part thereof, i~ ths apgreg~~e ium afo«iaid a In ~xtws Ihereof, sMll contain ths usu~l standard mortgagae clause or such other cliui~ as tM Matyagee may ?equ~rs, maAi~p the Ioss unde? sa~d polr cis~, tach and eve~y, payable to siid MORTGAGEE as its interest may ~ppQar, and e~ch and every ~ucA poticy shall be promptly au.qned and detivered ~o •ny heW by said MORiGAGEE ~s (ur?her ucurity to said mo~tgage deb1, and, not less th~n ten ()0) days in ad~ance of the expir~fion of e~:h poticy, to dr I~v~r to said MORTGAGfE a renewal fhereoF, together with t ~ece~pt fw the p~emium of tuch renewal; and there shsll br no fire or wind~torm insur~nc~ pl~c~d on ~ny of said build~n9a, ~ny intereit therein or put thQreof, unless i~ the fo~rti and with ~hs loss payabte as afwessid; and in the e~~nt any tum of mon~y becomes pay~bl~ u~der wch policy w polKCes wtd MORTGAGfE shatt have ths opr~on ro ~eceive and apply the aama on iccouM oY tAs indebted- neu secu?~d hereby W to pe?mit said MORTGAGORS to reteive and use it a any part thercoi for othcr pu~poses, withoul tho~Eb~ waiving or ~mpair- in9 +ny p~iry, li~n w rgh~ undea or by virtw of this mostpage; ~nd in ths event sa~d MORTGAGORS shall for any reason fail to keep ~he said premius so iniured, or iail to deliver promptly ~ny of iaid polK+es o! insunnce to said MORTGAGEE, or fa~l promptly to pay fully any premium the~efor or in a~y rii{satt f~il b psr(otm, diuMrge, execvte, effecl, comptete, comply with and abida by this covenant, a any par? hereo(, said MORTGAGEE msy plate u+d pay for ~uch insuranc~ w any p~rt ~hereof wi~hout walvinp o~ sifactirg any option, lien, equ~ty, a right unde? a by v;rtu~ of thi~ Mo~t9sye, and the full ~mount of each and ev~ry svcl+ payment ~hall be immediately dw and p~yabl~ and shall besr interes~ from tha da~e the~cof umil paid ~M th~ ra?~ ot n~ne pe~ tentum pe~ annum a~d togetl?er wi~h sutA interest shali be secured by ths lien of this mortgage. 1. To permit, commit or suffa ra wast~, impsirment or deteriwation of said properiy or any part thereof. S. To pey all and iinpu~u Ihe.cosb, charges ~nd expenses, includinQ a rcasonable anwneyi fee and costs of abstracts o/ title, inc~rred or paid af ; eny time by wid MORTGAGEE, bsc~use or in the event of the failure on fhe pan of th~ s~id MORTGAGOR to duly, p?ompfly and fully perform, discharge, ; e:ecute, effed, complete, comply witl~ and ~b~de by esch ~nd every the stipuiations, agreemcnts, condition~, snd corenanrs of taid promisaory note and ihii rr~onyape any a e~~he~, and sa;d costs, char9es and expensei, each and every, shall be immedutety due and payabk; wlxther or not ther~ be ~ofrce dc mand, atttmpt to tollect or suit pending; and the fvll artw~rnt of eath and e~Ny wch payment shall bea. interest from 1he d~te'thereof until paid at the ra~e of nine pe~ ccntum per annurn; and all said costs, clwrges and cxpertses 7ncurred w paid, logether w~th such interest, shall be secured by ths lien o1 th~s morty~ye. A. TMt (a) in the event of any bro~ch of thi~ Mwtgsp~ or default on the part of the MORTGAGOR, or (b) in the event am of said sums of money herein referred ~o be not prompuy and fvtly psid within thirry (30) days next af?er the same severally become due and psy~ble, without demand w notite, or (c) in tF~e weqf exh and every the ftipulations, agreementt, conditions and tovenams of sa~d promissory note a~d th~~ mut~aqe any or either ~re not luly, promptly and fully performed, d~uharged, executed, effectcd, completed, compl~ed with and abided by, then in either rny such event ehe said aQ~ ~regatt sum meMioned in said promissory note then remaining ~npaid, with interest accrued, and all moneyt secured hereby, sMll become dve •nd pay- able fwthwith, oi tlxreafter, at the option of said MORIGAGEE, as fully and completely as it all of fhe sai.: sums of money we~e aiginally Nip~tated ro be pa~d on such day, anything in se~d prom~ssory rate or i~ this Mongage ro the conua,y notwitha~anding; and therevpon w thereafter a~ the op~ion of sa~d MORTGAGEE, without nonce o? demand, suit af law or in equity, therefwe o? thcresfter begun, may be prosecuted as if ~II moneys secured hereby had matwed ptwr to its ins?irution. 7. That in the evcnt that at the beginn;ng of o~ at any time pending aoy s~it upon thia Mortgage, q t0 ~pKJ03! iL or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to 1F~e Court having jurisd~c~ion thereof fw the appo~m'.~ent of ~ Receiver, such Court shall foriliwith appoint a receiver of uid mortgaged property all and singular, includmg all and singular the income, proi~ts, issues and revenues }roin whetever wurce de+ived, each and every of wh;ch, it beiry expressly unders~ood, is h~reby mortgaged as if specifically set fwth and desuibed in the granting and habendum clavses hereof, ~nd such Receiver shall have all the broad and eifeaive funct~ons and powers in anywiu entrosted by a Court to s Receiver, and s~ch appointment sAalt be made by such Courr as an admitred eqvity and a matter of absolute r~ght to said MORTGAGEE, ~nd without re(erence to the adequacy w inadequaq of the value of the propery mutgaged or to the so~vency a inaolvency o( said MORTGAGOR a the defendants, a~d Ihat such renrs, profin, incpne, issues snd revenues sMll be applied by such Receiver accord~ny to ti~e lien or eqvity ot uid MORTGAGEE and the practite of such Covrt. S. To duly, promptly and fully perfwm, discharge, execute, eifect, complete, comply with and abide by e+ch and every the stipulations, agreemenb, cond~tioro and covenants in sa~d promissary nore and fhis mwtgage set forth. 9. That in Ihe event the ownership of the mortgsged premises, or any part thereof, becomes vested in a person other than ihe MORTGAGOR, ths MORTGAGEE, ita successws and assigns, msy, wifho~t noticc to the MORTGAOR, deal with such successw d succeasor in inferest with ~eference to thia mort9age and the debt hereby secured in the same manner as with Mbrtgaga without in a~y way vitiating or distha~ging the Nbrtqagors' liability (xrr unda or ~pon the debt hereby setu:ed. No sale of tl~e premises hereby mortgaged and no fwbearance on Ihe part of tlx MORiGAGEE p its sutcessors w ~ssigns snd no exttnsion of the time for the payment of the debt hereby setured given by the titiORTGAGEE or its ~utcessors or ass:gns, shall operate ro release, diuMr~e, modify ch~nge or affect the orig~nal tiab~Gry of ~he MORTGAGOR Atre~n, either in whole or in part, 10. It is spec~fic~tly agreed that time is of ehe esunce of this contract and that no waiver of sny obligaf~on hereunder or of the obligaYron so- c~rcd hereby shall at any time thereafter be held to be a waiver of the terma hereof or of the instrumeM secu~ed herby. ~ I1. In add~tion to the forego:ng monthly paymems of princ'p~l and interest required by the prom~ssory nore secured hereby, mo~tgagor covenants . and ~greei to pay to mortgayee with each monrhty payment an addirional sum estimared by mortgagee to be equal to 1~`12 of 1he annual cost of the foUow- ing: A-All real property taxes levied w assessed agai~st thc above described real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements sitvate on the sbove described premises_ C-Premiums on such mwtgage guaranty insurar~ce as mortgage~e shall from t~me to time deem fit to caray on the loan secuied hereby_ Mwtgsgee shalt from time to time notify mortgagor in writing of the amouM due and payable hrreunder a~d such sum shall thereupon be due and payable on the due date of the ~eat monthly payment and each success~ve month thereafter ur,til mortgagee shall notify mortgagor of a change in :uch amo~~t. Such sums sh.all be applied by mo?tqagee toward the paymenf of ?eal property taxes, insurance prem:ums, and mortgage gva~anty insurance pr~miums. IN WITNESS WHEREOF, thr said MORTGAGOR has hereunto set his hand and seal the day year st sforesaid. Seal u~d deti in t pesente of: , i •n ~ ' cs~•n .c~-v 57ATE Of FLORIDA ~ courrr,r oF S t. Luc ie ~ sefwe me pe.soo.ny a~ea.ed Tphnnf e r~ nnrmRn .nd RO e Dorm 1'f his wife, to me well known and known to me !o bs the ~nd~vduab described in ~nd who exccuted the foregoing instrumeM, and acknow?edged before me that they executed the same for the purpoaes rhere~n e:pressed. Md ths aa~d- R O 8 e L DO m An wife o1 tM said Johnnie E Dorman upon s separ~te end privat~ examinatio~ by me ~aken separate and apart from her said husband, acknoM,ledged ~p a,~d befpe she executed ssid insvument freely snd voluo- tarily and without ~ryr compulsia~, constraint, appreh~o~br feu of or from her said husband. - WITNESS my hand and officisl seal thi: ~~G da of ( Y A. D. 19_bb_ Notary P ic in and for the State o( florida ~f tarye My C issiort exai~es: Retyr~, To= ~dotary PubNc, 3tatt of Florid~ a! Large first FeAaal'~a~ir~y~ twn Association MY Commiss~oR Expires Aug• 6. 1967 ' ~;•.0*~6~`'~'~'". FILED ~~~lG RECORDOOK Bond~deyAmer+canSur~tyCo.ofN.Y, ' _ • j: ~ Fon v~nu, fb; ~ds ~ ' . . , ~ ~ ~ R ' OmciJaE Retotd ; ,L ~ . t -,~L : / J , a *J ' . C ~i~ • i. - ; ~ J ~ ~P~? 144316 ~ 3 , ~ ~Ut;~ . ~ ~ c~r~K . i):'it' ' H ST~ y F.LOR OA N~Y, ~ ~~o~ 142 534 . ~ ~ ~ ~ ~ ~ - _w.__ ._v.ca.r•~~+~x ~'..~:.4°`~ , s , _ , ° - .s ~ ~ _~s-'~.4c"