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Home My WebLink About2530 : ~ To plaa ~nd ooe~tinuously ke~p on tM buildinps now o? I+K~ahN s~twh on iaid land and on all eqvipn~af Md per~onally cow?~d by this ehorq~ ap~, with all premfums tAer~on pa~d in fvtl, iir~ tnsuranc~ io th~ uswl sandard policy form, in a iwn approwd by tM MORTGAGEE. ~nd wiexbrorn? ~ insw+eo~ M+ tM uswl aanda.d poGcy fam, in a sum approved by tAe MORTGAGEE, i~n auch compaey w companiM u Hu MORTGA(3FE may diredt +nd aN Hn ud wii?dstwm i~uwanu policies on any of ss'~d bvildinjp, u?y ietereit thertin a pat tMr~of, in tM ~qyrs~~t~ ~um sfortsaid o? In ~apa tMrwf, sMll contain tM uiwl ~tandad mayages claus~ or such otFwr claus~ ~s tM Mat9ag~ may rpuu~. makinp ths bu ~nd~r said poiF cist. ~ach ~nd ~very. p+Yabl~ ro said MORTGAGEE ~1 its interest may app~ar, and euh and ~very ~vch poliq shall b~ promptly au:9ned and dNiverad to ~ny hNd by s+id N10itTGl1GEE a fwthsr wcurity to iaid mortys~e d~bt. u~d. not Ita tM~ ten (10) days in ~dvance of tl» eapiration of each policy. to dr liver fp Nid MORTGAGEE • ~~wal tMnof, toqe~Fw wi~h a rauipl fw ~he p.~um of wch r~walj ~nd ther~ shsll b~ eo fir~ or wir~duo.m inswa~+c~ pl+cyd on aMr oi said buikJinpa, any Intere~l tMr~in w p~r/ thereof, vnleu in the form ~nd with 1M loss p~y~bl~ as ~taes+idj ~nd in th~ ~veM ~ny twn of moMy b~can~ payaW~ iuch polKy a pol;cits ssid MpRTGAGEE shall h~w tM option ro receiw ~nd ~pply the sam~ on accounl of tF?e indebted- n.u wcwsd h..eby w w pe•mi~ s~id MpRTGAGORS ro?eceiw a~d us~ ie a any ps~t the~eof (or other purpoaes, without thaeb~ waiving w impiir- inp anY p~;ty, liw~ a ~ipht unde~ or by vktu~ of this mortpaqe; u~d in tl+~ ~vent said MORTGAGORS shall fw ~ny roason f~il 1o keep ths s~id premisa w insureel. o~ (ai1 b d~livN pomptly ~ny of taid polici~s of inaurance ro said MORiGAGEE, w fail promptly to pay fvlty any premium rherefw or in iny r•ipecr faFl w p~rforn~, discharp~, ~xtevt~; ~ffect, cmpt~te, oomply wirh and abid~ by this cov~nant, w~ny put herwf, taid MORTGAGEE may pl+ce +nd WY fa wd~ 6awano~ w any prrt t1+Keof withwrt waivug or ~ff~ctUg u?y option, li~n, puity. a?ipht ueul~r or by virtu~ of this MortpaQe. ~nd the full amo~ni of ~ch and ~wry axh payma+t shall b~ i~svned'wtely dw and p+yabl~ u~d sh~U bw Intsrest fran tM dat~ ths?eof vntil psid at th~ at~ ol n~~+e pK antwn pw arrwm and toyethe~ wi~h svd+ inrerast shall be secw~d by th~ IiM of this mwt~aq~. 1. To pKmit, aomn~it a wffK no wast~. impairment or det~riaation of s~id property or any part thereof. 1 S. To pay ~II and sinpvix tM coits, chuy~a ar,d e~epensea, ir?cludinp a reaswubl~ atfomey'a fee s~+d costs of aWtracts ot titte, i~cvned or paid at any time oy sekl IMpRiGAGEE, b~ava~ w in th~ twMt of tM failws on tM pan of tM ssid MORiGAGOR ro dufy, promptly ~nd fully perfwm, dwcM~ ~xecure, ~ffatt. oompl~t~. cort~ply with and ab+d~ by ~xh and every the s~ipulationa, ay~eements, conditions, and cownants of said promissory ~ot~ ~nd this mortqap~ ~ny pr ~ither. a~d sa;d costs, cMry~s and ~xpenses, each ~nd ~wry, thall be immeJiatel~ due and piyablsJ whether w not there b~ r.otice dr m~nd. ~ttempt to collect or wit p~nd;np: ~nd ths full anaunt of each and we~y wch payment shatl bea? iMers~t fran the date thereof until paid at th~ rate oI nln~ pt~ eent~tn per ~nnutn; s~d a~~ said cosy~ ~harye~ and expenies intwted p p~id, together w~th sucR inta~sL sAall be secvred by the li~n of tha ^'°rty+p~. ` b. 1'h+~ (~1 in th~ ~wM of any br~ach of thu Mort9sg~ a default on the p~r1 oi the MORTGAGOR, or (b) in the eveM ~ny of s~~d wms of mo~ey hcr~7n r~fKnd to b~ eat promptly ~nd fully paid wi~hin thirty (30) dsys ~ex1 ~fte? the same severally bacom~ due ~nd p~yable, withou~ dem~nd or notice, ~ or tn tht ~v~nt ~ach and ewry the stiputations, a~~eemen», co~ditions and covtnants of s+~d promissory note and th~s mortyaye ~nr or eitF?er are nw ~ iuty, promptly ~nd fully parfwmed. d~xMrged, execvted. effected, completed, compl'~ed with and sbided hy. then in eithn or s~y such ~vent the said ~ ~ yreyat~ Wm m~ntio~ad in uid promissory ewte tMen remainioy vnpaid. with interest acaued. ~nd al! mo.?eys iecwsd. he~eby. shaU beco+rw dw and p+y~ ebl• fOffIIWItI4 Of fhffNffN~ ~t the opt~on of said MORTGAGEE, u fvlly and compktely as if all of the uid svms of moasy were oriyinally st~pulated to be psid on wch day, anythinp in sa;d p?om;ssory ~ote a in this Matysge to the cantrary ~otwi~hst~ndinp; and tFereupon w thereaiter ~t ths optan of ~ said AIORT('iAGEE, w+thout ratic~e or dsmand, wit at bw w in eqvity, therefors or tMreafter begvn, may be prosacuted u if all moeeys sacurad hsr~by had matvrad prior to ib irotitvtion. 7. Th~t in tM went that at ths beyinning of or at any time pendin~ sny wit ~pon this Mwtgage, a to faeclose it, a to refwm ft, a to enfo?a € WY~~t oi +ny daims ha~eunder, said AApRTGAGEE shatl apply to the Cowt having jurisdiction lhersof 1a th~ apFwintment of ~ Reteiver, such Covrt sF+~ll Forthwhh appoint ~ receiver of sai~ mortqayed preperty aU ~nd singular, includmg all a~d aiogvl~r 1M intorn~. profits, issues ~nd rtvenues from whatev~r wurce d~riwd, ~ach ~nd ~wry o# whicl~, it beinp expressly understood, is hereby mwfgaged ~s if spccifiulty set fwth and descaibed in th6 prantinp and habendwn cl~wes her~pf. ~nd wth Receiwr shall have sll the ixaad and efienive functwns and powera in snywise entrusted by a Court tp a Receiver, and tuch appolntment shall be made by wch Court aa sn ~dmitted equiy ~nd a matter of absoltite righr to said MORTGAGEE, ~nd without referente ro tM adequacy or i~ad~qw~y af the value of the prope~ty mwtgsgcd w to t}u sohrency or insolvency of aaid MORTGAGOR a the defe~danq, and that such renri, profits, incane, nsues and revenues sh~~~ be aPp~ied by such Receiver ~ccordiop to tM lien or equity of said MORTCsAGEE and the practiu of svch COUf1. 8. to du~y, pranPt~y ar+d tuUy putorm. d'achuge. execute, effect. complete. oomply witl~ and abids by e~d~ ud every ths sfipuktiorts, agnernen», conditioro snd coven~nts in said promksory note s~+d this mortgage set forth. - 9. That in th~ event the ownership of the ewrtgsyed prem;ses, a ariy psrt thereof, becomes wsted in a p~non other than the MORTGAGOR, th~ MpRTGAGEE, its s~?ccessors and ~ssigro, may, withoW notice to the MORTGAOR, deal with such succasso~ or ~ucqs~or in interest with reference to this mor~gs~e and the debt hereby secured in the same manner as wi~h Mortgagor without in any way vitiaf'ug or dixharying the Mw~ysgws' li+bility her? under or vpon tM debt Aereby secured_ No s~le of the Fremixs hereby mortgsged ~nd no forbearanos on the paA of tM AAORTGAGEE w ih suecesson . or assigro and np extemion of fhe time for the psyment of the de6t hcreby secwed yiven by the MORTGAGEE or ib successon q assigns, ~hall op~rat~ , ro release, distharye, nwdify th~nge or affect the otiginal (iability of the MORTGAGOR herein, either in whole or ie part. 10. It is spec~fically agreed that tirn~ is oi the essence of this contract and that no waiver of ~~y obI'~gation here~nder or of tfia oblip~tion se- I cured hereby sha11 at any time fhereafter be held to be a waive~ of the terms hereof or of the instrument sec~red herby. l l. )n sdd~tion to tFx for monthl ° e9o:ng y payments of princ'pal and iMercst required by the promissoty npte iecurtd F~ereby, mortysgor townaMs end sgrees to pay to mortgagee with esch monthly payment an additional sum eal~maled by mwtgagee to bs equa! to 1/12 of the annual cost of tF+e follow- ~ inq: _ . A-All real property faxes levied or auessed agai~st the above dewibed real estate. B-Premiums on fire and windstorm insurance as Fxrein requ~red to be carried on the improvern~~ts sitwte on the above dexribed premises. C-Premivms on such martgage guaranty irssurance as matgsgee shall from time to time deem fit to carry on the ban secured hereby. Mortgsgee shall from time to time notify mortgagor in writirg of the amount dve and psyable herevnder and such wm shal) thereupon be due snd Fayabie on the due date of ~he nexf monthly payme~t and each s~ccessive month thercafter urtil mwtgagee shalt notify mortgagor of a cF~sr~ge in such amount. Such sums sha~l be applied by mortgagee toward the paymeM of real property tazes, insurance prem:ums, and mortgage guar~nfy inauraexe prert~iums. i IN ITNE55 WHEREOF, the said MpRTGAGpR has hereunto set his hand and se~l the day and year fint aforesaid. ~ S~~ and deliver ' the of: " ~ n ! ~ ~ ~.n s ~-o STATE OF PLORIDA , 3t.Lucie ~ ~ ; courrrr oF , Before me personally appearcd PRt~r 3c~vAnq~ p ni n~~ ia A~~lt s~ > ~i~1C~'i~. to me well knawn and known to me to b~ ~ ; thz indi desuibed in and who executed ti~e faegoing insnument, ~nd ~ckrwwkdged before me tl~af ~I~y executed the same for ths pwposes ~ rhercin ucpr~sted, J(A?J.7L7~7C 1at7 ~~z~ar:zx . ~ ' WITIVESS my hand and official ~eal day of 8 ti A. D. ,9 66 E • ~ sry Public in and fw the Stats of Fbrida at larye ~ MY Comrniuion expirp:. Return Ta • . ! ~ ~~nt Fsdenl Sa~s a a~R F~ • , 1!~{~ry IYKic. State ol fk~ida at , `'°'~?c - - ~~,r c~~. ~ s~a. ~a9 FOlt Pi ~ ~F CO~~• ~ . ti~ ~ s'•'~~~~~• ~ ! ~iir~ . 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