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Home My WebLink About2544 ~ 3. TO PIKf co~tinuouily ke~p on fhs buildinys now or M~eatrK ~itwN on ia~~ :u+d and on all p~~pment a~d penon~ily covend by thi~ n+orf~ p~, wi~h all premi~~e4 tF.crwn p~7d i~ full, iir~ ins~ranc~ in ~he u~~~l stand~rd policy form, ~n a swn +pprovad by th~ MOR(GAGEE. ~nd winibtan+ lrts;~zx~ ss,.~l ara~rd ~~r fn•n~ in + a~un approwd by ~M MORTGAGEE. in wth canMnY w canP+niN ~s tM MORTGAGEE nwy diractt and •II tir~ u?d windtitorm inswanc~ polic~ss on ~ny of aid build~nps„ ~ny InMnst tl+K~in a p~n tMr~of, In IIw a~prep~t~ wm afw~sait! or M~xcns IhKSOf. sh~ll contai~ 1M usu+l ~undard mor~~+~e claus~ w such othN claus~ a tM Nb.tppN ~+++Y nqu~n. n++kinp tM los~ ~rd~. said poli~ ciN. ~ach u~d ~vKY. WYSbt~ to a~id MORTGAGEE as ib in~aei~ may sppa+r. ~nd each and ~v+.y wch policy ~MII b~ pranptly asi:9ned and d~tiw.ed ro •ny MW by said MORTGAGEE u fwtha ~ecurity to said mortp~ d~bt, and, nW kss tMn ten (10) days in ~dvance of tM ~xpir~tan of ~ach poiicy, ro dr liw~ to a~id MORTGAGEE a r~nswal thasof, topahK wi~h a roceipt for the pre~nium of wch rsnswalJ and tMr~ ahsll b~ no f'u~ w wind~tam tnswa~+c~ plaad on a+y of sa{d buildinps. ~ny intaat M~er~in a p+rt th~nof, unless in tFw fwm'snd with IM lou pay~bl~ +s ~iw~s+id: and in th~ ~vent ~ny wn+ pf ~np»y becom~s p~y~ple ue+der wch polky or polici~s said MORTGAGEE ihall haw tM option ro ~~ceiw u+d apply tM s~ on ~ccow» 01 tM ind~bted~ ness wcv~~d h~nby a M pKmit s~id JNORTGAGORS fo ~tcei~~ and us~ N a ~ny parl ~hereo! fo~ onc~~ purposes, wc~houl thereb~ wa~~ing o~ ~mpa~r- inp +^Y pvity. li~n a ~ipht u~der or by virtw of this mottp~y~: ~nd in th~ ~vent said 1MORTGAGORS thsll fw sey r~aion f~il to ke~p 1M s+~d pr~misa w inwrod. or fail to d~livK promptly any of s+id policies of insu?snu ro said MORTGAGEE. w fail promptly to p~y fully any premivm therefa w in ~ny r~p~ct f~il w pafom~, diuhuge, e:acvtt, ~ffep, canpl~t~, comply witl~ and abid~ by thi~ ~venan~, w any part haeof, s~id MORTGAGEE m+y plsc~ snd paY fw ~ud+ lmvranc~ o~ ~ny pa~t tt~eof without waNirg a aff~dinp ~ny op~ion, Ite~, p~ity. w rqht vnder a by vinw of this Mwtyape. ~nd t!K full amov~~ of ~ad~ ~rd evKy ~uch p+yment sMll b~ immedNtdy dw and p~yable and sFall bea~ interat from tM daM thereof until paid N th~ ~aq ot nin~ pM oentum pw annum ~nd together with such intersst i}?~II b~ sec~rod by tFr IiM oi tha nia~tpsp~. 1. To p~rmit, oomndt w wffer no wut~, irnp~i?ment or d~teriw~tion of wid property or u~y p+rt thereof. 5. To p~y all ~+d tlnpulu thstosb, th+rqet ++~d ~xpenses, inclwlinp a reason~W~ ~ttwney's fes snd ooits of abstr~cts of tiN~, incvned w p+id a~ any tirm by ~+id MORTGAGEE, beuvs~ or in ths ev~nt of ths failure on the paN of th~ iaid MORTGAGOR to duly, promptly and f~lly paform, d~schsrgR execvte, dfett. compkte. complY with snd ~bid~ by ~+ch and every tM ttipulations, ayreemenn, co~ditioas, ~ad oownants of ssid p~omissory not~ ~nd this mwt9aye any o? ei~her. ~nd said cosri. chupes and expentes, each ~nd every. sh~ll b~ immediately due and p+y~btr, whetAer w nW ther~ be notrci dr m~nd, ~tt~mpt to oolkct or wit pee+dirgs ~rwl tM full amount of ~ach and ~very wch p~yment shill bea. inte~est from the dat~ thereof until p~id at the r~te of nine per centum per annum; a~d all said costs, charges and exptnfes irKUrred or paid, together with tuth intenst. ~MII b~ a~cuted by th~ li~n of thi~ 6. TMt (a) ie~ the wea~ of any brsach of this Mort9ap~ o~ default on the p+A of the MORTGAGOR, a(b) in the went ~~y of ~sid avms of ma~y Mhin r~fe~red to be not prompny ~nd fully paid within thirty (30) d~ys ~ea~ afte~ the same severally becane due +nd psyabb. withouf dem~nd or notice, or (c) U the eveilt s~ch and way tF?e sNpul~tio~s, ~yreemenn. cond~t~au ~nd covM+nt~ of sa~d promissory note ar~d th~s mortpape any w ather ~re nw ~uly, pranptly and fully w.~form~d, d~sch~rged, executed, effetted, compl~ted, complied with and ~bided by, then in either or any such event ~M said ap~ prq~M sum m~ntioned in qid promissory note the~+ remainirg unpaid, with inter~st acuued, ard all moneys secured hereby. sh~ll beco~n~ dw and pay- abt~ forthwith, a theresfter, tl+~ optan of said MORTGAGEE, as fully ~~d con~pletely as it •II of the said wms of mor~ey were aipinally stipu~ated to be paid on wd? day, mythinp in said promissory note w in thia Matyage ro the ca?tr~ry non~rithsanding; and ~i~eupon w there~her at tM optan of said MORTGAGEE, without not~cs a demard. wit at la~v a in puity. therefore or thereaieer begory may be prosecuted a if all moneys secur~d hereby h~d matuted pr'wI to in institvtiOn. 7. Th~t in the event tMt st the bcginning of or at any time pending soy suit upon this Mwtyage, w to foreclwe it, w ro reform it, a to enforp p~yment of ar?y cla;ms hc~eundsr, said MORTGAGEE thall ~pply to the Court having jurisdrction thereof (w the appo~ntment of • Receiver, such Court sh~ll fortlivvith ~ppoint a receiver of said morigaged propcrty all ~nd singulu, includ~rg all and singv~ar ~he income, pro(its, issues ~nd revenues from whatever so~rtt de~ired, ~xh and every of whith, it being expressly ~nderstood, is hereby mor~gaged as if specifically set fwrh ~nd described in the prsn+iry and Mbendum dauses heroof, and wch Receiver shall Mve ~II fhe b.osd and efiecrive functwns and powen in anywise entrusted by a Cou?t to ~ Receiver, and such appointrnsnt shall be msde by suth Caxt ai an admitted equity and a matter of sbsolute right ro said AhORTGAGEE, and without ~eference fo fhe ~dequacy a inadeqwcy of the wlue of the property mwt9aged w to the sowee~cy w i~wlvency o1 said MORiGAGOR a the defendants, and thaf wch renn, profin, income, iuws snd rwenun shall be applied by such Receive+ accord~~p to the lien or puity of said MORIGAGEE and the pwctic~ of such Court. 8. To d~ly, pranptly and fully perform, d'~scharge, exec~te, effect, compkte, comply with ~nd sbide by e+ch u+d every the stipulations yreemeots, ? cond'rt'aro and covernnts in s+id promasory nme u~d this mortgsge set fath. ~ 9. That in the event the owneiship of the mortgaged premises, a a~r psA thereof, beco!nes vested in a penon other th~n the MORTGAGOR, the MpRTGAGEE, its auccessors and auiprn, m+y, without notice to the MORTGAOR, deal with such svaessw a avccessor in interdt with refertnce to this mo.t9aye and the deb~ hereby sec.ired in tht same mamer as with Mortgsgw without in any wsy vit~aYu~y w d~uF?upirg tl+e Mort~ayws' liability lKra un~r p uoon the debt hereby secured. No sale of the oremises hereby mortga4ed and no fwb~arance on the aan ol ths MORTGAGEE p iri waesson a usigm and no extension of the time fa the psyment of the debt hereby secured 9iven by the MORTGAGEE or ib successors w auiym, ~hall operat~ 1o r~leait, disch+rp~, modify change w~ffect the origin~l lisbility of the MORTGAGOR here'uy either in wlale a in part. ~ 10. ft h specificslly sgreed that tirn~ is of the essence of thi~ comr~a and tM~ no w~iver of any oblig~tan he?e~nder or of tM obliy~tan se- ~ wnd henby shall at any fime thereafter be held fo be a w~iver of the terms hereof a of the instrument sewred he?by. 11. In addition to the forego:ng monthly payments of p?inc'p~l and intNest required by the promissory note secured hereby, mortgsgor covenants i and agrees to pay to mongsgee with each monthly payment an add~~ional sum estimsted by mwtyagee to be eqwl to 1/12 of the ansual cost of the follow- ~^9c j A-All real property taxes kvied or assessed against the above dcscribed real estste. B-Premivms on fi?e snd windstorm insunr+ce as herein requ~red to be carried on the improvemenq sitvste on the above dasvibed prcmises. C-Prem~ums on such mortgage gwranty insurance as mortgsgee shsU from time ro time deem fit to urry on the loan sccured hereby. Matgagee sh~ll from tirtle to time notify mortgagor in writing of the amount due and psyabk hereunder ~nd such wm shall tFKrevpon be due ~nd pay~ble on the due date of the next monthly paymeM and exh successive month thereafter urtil mortgsgee shall notify mortgsgor of s c}wnge in such amaint. Such sums shsll be spplied by mortgayee toward the payment o4 real property tsaes, i~surance prem:vms, and mortgaye guara~ty inwrance premiwra. ~ IN WITNESS WHEREOF, the ssid MORTGAGOR has hereunto set his hand ~nd seal the day and ye fint • assid. SiptMd, (ed and iwrad in tl+~ presence of: r~ ~ ~ . - Q c: G~: ~ . ; . ; ~--n STATE OF FLORIDA 1 _ ~a,~ ~ 3t. Lucie ~ , ~f~.,,,. ~„~~y, ~ Arth~~r J_ Ritehie Loretta Ritchis h;, Wh~, to w~„ k,,,N,,, ,,,a k„~,,, tlr individwb described in and who executed ths fore9oing instnmwnt, and ackrawled~ed befae me that they ex~cuted the s~me for the purposes ,he,.in .,cp,.,,.d. ,y,d rf,. ,,;a Loretta S. RitQhie ^ + ~ t~ Arthur J. RitehiA vPor? • separate and priv~t~ ~ examio+tion br me take~ separate and apan from her said husband, adcnovvledged ro and before me th~t she e:ecuted said instrument freely and vofuo- ~ t~rily ~nd withovt arq? compuban, constraint, spprel~n~on, ot fea of w from her said . ~,L ~ MYITNESS my hand ~nd offiwl ssal this... I~1 _ day of A. D. 19~iS~ - s : Notsry Pu in for the Stat~ of fbrida at Lup~ My an expires: • ~a pND RE~OROE~ ~r.r F.a.n~ s,,,~r~ a lo~e~ ,~ss«~u~ILE NTY. FI.~?• •de `~Cr,~ COV ~votary PubMe. ltat~ o! !lortd~ at Lar~s t:i ;,~~~~oiyn VER~f~~p My Comm'ss'on Expins Au~. 6, 1967 ' ST. ti- c'~• w•.;~~9`.~ REC4R~ Conded By American Sur~ty Co. o( N. Y. ! ~A . . ~•J•••'• _ ~o :'~o ~-Q ~ , 2 PN 3 ; ~ ~ - r ~ ~ ~ ° ° ~ : ~ y-.'~6 . ~ : ~'e~'c~l - . i45TRAs _ ~ i'Oa"R ~U{T COVR? i ERK ~~R~ ' r~^J,. !;t : Cl ' . • y, ~ , . ~ _ gooK 147' 142 ~ ~e~ ~ ~ ~ : ~ - : _ ,r;