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Home My WebLink About1444 To plaa ~nd contiewously kep on th~ buildinps raw w hereaftN ~itu~t~ on s~id land ~nd on alt equiprn~m u~d person+lly tovKd by thii mat~ p~, with ~I) pr~mfuna thKwn p~id i~ iull. iire inwr~nce in ~M uwal studa~d policy form, i~ a tum approv~d by ths MORiGAGEE. ~nd wie+datam insur~np M th~ wwl uandwd po~icy fam, i~ ~ sum ~pproved by ~M 1NORTGAGEE, in s~ch compu?Y u co^^Wnies u th~ MORTGAGEE e++y dirMj ~nd ~II fin ud winds~wm buw+nc+ policies oe +ny o( sa~d build~~ga, any in~e.es~ rherein w put therwf, in ~M apy~ey~a wm afon~aid or in ~xta~ IMnof, ~h~ll contain tM ~w+l ~1and~rd matya9ee cl~us~ or such o~ha claus~ ~s tM AAor~9agee may rpu'u~. makiiq tM bu ur~ said po~F ci~i, ead~ ~nd ~wry. paY+bl~ b wid MORTGAGEE a i» intaest may sppea~. and e+ch and evay ~uch policy ~hall be pranptly +u y~ed +nd dttivered to any h~W by ~aid MORiGAGEE a fiutha sscv~iry to ssW mortpage debt, and, not I~ss tMn ten (10) dayt in advar?ct of the expiration of e+ch polity, ro dr (~wr ro s~W MORTGAGEE a r~newsl tMnof, toptthK with a ~eceipt fw the prxnium of tuch renewalj ~nd tht~~ ~h+ll bs no f~ro w windstorm inw~anc~ i plic~d on any of aid bvildi~ps„ ~ny intasat thK~in or put ~hsreof, unleu in the form ~nd with tM loss parabk +a ~fa~said: ~~d in tM ~v~nt any wen ~ of ma»y becae~a payabls unda wch polky w poticie~ ~+~d MORTGAGEE sMll haw ~h~ opta~ to r~ceiw and apply the ssmt on acca?n~ of tM ind~bted- ( ness wcur~t! hM~by q b pKmit s~id MORTGAGORS fo rtoeiv~ aod u~ i1 0~ any put thereof (w othe~ purposes, wilhout theieb/ waivi~ig w impair- iny any pvity, li~n or ripht undn a by virtw of this mortyspe; N+d in tM ~vent aid MORTGAGORS sF+all fw any reason f~il to keep the said premiaa +a insursd. p fail b d~livet promptly ~ny of said policies of insur~r~c~ ro a~id AhORTGl1GEE, w fail promptly to p~y fully sny premium therefw o? ln ~nY rsspect f~il 1o p~rioren, d~scF~up~, ~x~cut~, ~ffM, complete, oomply with and abid~ by this cwrenant, w ae+y part he~wf, ssid MORTGAGEE may pl~cs +nd par for wcfi imwano? w anr p~rt tlkrad wl~hout waivinp a ~ffectinp any optan, li~n, eQv7ty. w riyht vr~de. w by vinw of this Mor~yag~. and rhe full amow?t of ~ach and w+~y wch p+ym~m shall be immediately dw and psy~bl~ and ~h~ll bear i~~erest fran th~ d~t~ thereot until paid ~t tM ra1~ of n~r.~ pK pntwn pN anewm and royNher with svch inte.est shsll be securcd by ttw lien of this matpaya 1. To pKmit, oommit w suflu no w+st~, imp+irment w dcteraration of uid property w+~y pu~ the~eof. S. To'p+Y all ~rd sinpvla? tM co~t~„ chu~~s snd expenus, includinp a rcasonable ~ttw~ey i fes and costa of abstracri of titls. incun~d o? paid st any tirn~ by said MORTGAGEE, b~taus~ or in fhe ~vent of the failure on the part of ths said MORTGAGOR 1o duly, prompt~y ~nd fvlly pe.form, d'uch+.9~ ~xecut~. ~ffid. aompkt~. oomply with and ~b]de by ~ach and every ths s~ipulauau, spreemenn, condirions, and mwn.nn of said pramiuory rwr~ and ~hia mortpap~ ~ny or ~ithM. and s+id oosts, cMrpes and expense~, esch and ~wry. ~hall b~ immediarely due and psyable: whether a not there b~ ratice dr m~nd, ~tt~mpt to coUact or wit p~ndirg~ and tht f~ll arr~ount of escl+ ~nd w~ry wch paYment shatl bear i~tenst from tM date tMreof vntil paid at tM rete of nle» pa pntum per amum; u~d all ~sid cosq, cMryes +nd exper?ses intvrred a paid, together with such inttr~tL ihall be sacured by th~ IiM of thb ^wrro~ - 6. iMt (a) in ths eve~+t of any brtsd+ of this Mortg~pe o~ def~~lt on the part of the MORTGAGOR, a(b) in th~ ~vent ~ny of said svms of moMy hsr~(n nfNt~d to M nol ptamptly u~d fully paid within thirfy (30) days nexl ~fter the same severally bacans dve and pay~ble, wilhout demand or notke, or In 1M ~wnt ~ath snd every the ~lip~latioea, agreemcntt, cooditions and coven~nts of ~a~d promiuory note snd this ma?paye any w either u~ no1 iuly, P?o~ry a~d ~iN P..fo~m.d, discl?iryed, executad, effected, completed, compl~ed w~th ~nd ~bided by, ~Mn in either or any such ewnt t!» said a~ pr~y~t~ swn mMtioned in Nid promissory note then remai~irg unpsid, with interest scuued. and all moneys setuted. hereby, th~ll betortN dw ~nd p+Y- abt• fonhwith, a th~reahN, ~t tM optan of said AhORTGAGEE, ~s fully snd compktely ~i ii all of the said s~m~s of money were orqin~lly stiputated to be paid an wch day, snythinp in said promisswy note or in this Mwtyage to the contrsry notwi~hstand~np; and tMreupon or thereahe~ at tM optio~ of ssid MOATGA~3EE, witho~t notiu or derr~snd, wit ~t law w in equity, tlxrefwe or tMrea(ur begun, m+y b~ prwecut~d ~s if all moneya sea+rtd Mteby hed matund prior to it~ institution. 7. That in th~ event that at th~ beyinniny of a at any time pendiog any suit upon this Mortgage, os to foreclos~ it, w to mform it, a to enfwu paymMf Of My daimf Mreunder. s+id MORTGAGEE shall ~pply to the Covrt F?~ving jurisdrc~ioe thereof fw tM ~ppointment of ~ Receiver, such Ca?A shall forthwith ~ppoinf f reoeivK of aa~1 mwt~a9~d property all and singular, includ~ng all and singular the incoms, profits, iuues ~nd revenues from whalwK wurc~ d~rived, ~ach and ~wry of which, it beinp expressly understood. is hereby matgaged ss if apec~iiully set fwth ~nd dswibed in the 9r~nting ~nd h~b~ndum davs~a Mreof, snd such Receiwr sMll Mve ~~I the brosd and efiective func~~ons and powers i~ anywise entruited by a Court fQ • Retsiv~r, and ~uch appointm~nt ah+ll b~ made by such Court as an admitted equity a~d a m+~ter of sbsolute right to said MORTGAGEE, and witho~t re(ere~c~ to tM edp~acy ot inad~quacy of the vilue of the property mwtpsged w to the wNency w insolvcncy oi said MORTGAGOR a the defendanri, snd that such ronn, profits, incorn~, is~uts ~nd nvenues ~hall be ~pplied by such Receiver xcording to ths lien w p~ity of s~id MORTGAGEE and the practiu of such Court. ~ 8. To duly, promptly and fully perform, dixharge, execute, effect, complets, comply witfi and ~bide by sach ~nd wery ths itip~lations, agre~msn», eondiYro~s and tovenaen in said promissory note and this mortgsge set fo~th. ' 9. That M ths event the ownership of the mortgsyed premises, w uiy pan thereof, bccomes vested ~ a perwn other thsn the MORTGAGOR, fl+~ MQRTGAGEE, iri tucpssoa u~d assiyns, rtay, witlw~rt notice to the MORTGAOR, de~l with such sutc~asor or Mxt~ssor i~ intere~t with rtfer~nct to thl~ mo~tflpe and ~M deW her~by secured in ths same manner u wi~h Morrgagw w~~hout in any way yi~u~iny a d~scl+uy~ng ~he Mwrysgas' liibilify I~trt ~ under or ~pon fM debt h~r~by seaired. No ule of the premisea hereby mortgsged snd no fwbearence on the p+A of tht MORTGAGEE o? its successas ~ or easigns ~~+d ~o extension of the tlme fw the psyment of the debt hereby secured giren by the MORTGAGEE w its successon w ~ssig~s, shall operat~ i ro relea~, diKMrpt, nadify tMnge or afiect fhe original lisbility of the MORTGAGOR herein, either in whole w in psrt. ; 10. It b ~pecifiully ~groed tF?~t time is of the esxnce of th~s contrsd and that no waiver of any obliyatwn hereunder or of tM oblip~tion se- a,red Mreby ~hall at any time thereafter b~ held to be a waiver of the terms hereof a of the instrument secured huby. 11. In addition to the forego:ng rtanthly paymems of print pal and interest rcquired by the promissory note setured hereby, mort~agot cownanri and ~grses to pay to mortya9ee with each monthly payment an addi~ional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All rsal property tax~s levied w auessed against the above dexribed real esrate_ ~ B-Premiums on fin and windstorm insurante as herein requ~red ro be urried o~ the improvements sit~ate on the +bove described premises. t C-Premivms on such mortgage gwranty insurance as mortgagee shal! from time to ti.ne deem fit to carry on the loan tetured hereby. Mortys9ee sh~ll from time to time notify mortgagw in writing of the amount due and payable hereunder and such sum shall therevpon be due and payable on fhe dve date oi the neat nwnthly payment and each successire month thereafter urtil mortgagee shsll notify mortgagw of a thange in such amount. $uch wms ahsll be applied by mortgagee toward the paymeM of real property taxes, insurance premiums, and matgage guar~nty inwr~nce i premiums. ~ ~ IN R the said lMORTGAGOR hss hereunto set F~is hand and seal the day snd year first ~fwesaid. - ~ liver~d in tM presenos of: ~ - ~ +4 ~ ~ ~ ~ i ~ ~ ~n ; STATE OF FtORIDA 1 ~ COUNTY OF Sti. LLlC18 i S5. Gordon T. John9on ~f~e R th M.~ J ohn s o n his wife, to me wel l known and known to me to bs ~ rhe individwb dewibed in and who executed the faeyarg instr~ment, and acknowledged before me that they exacuted the same for the purpoxs ~ ~ lherein .~..~..a. n~a +h. ~ Ruth M. Johnson ~ Gordon . o nson . ~ wife of th~ said vpon s sepsrate and pr'rvat~ examinaYan by ms tsken separate and apart from her said husband, adcnowledged to and before me that she executed said irotrument freely and volwi- tarily~dr withart any compulsion, cantraint, apprehension. or feu of or from her said husband. ` ~ t WITNESS my h~nd ~nd offkial seal this ~~L~_ day of Februer a p. ~v 67 1 ~ _ ~ Notsry Public in and for the SUte of Florida ~t Larpe .j4`•,~t~:iNrt.~ My Commiuion s:pires: ~ R~turn Ta. ~ ~ Fint f~d~ral S+vinps i toan /?swcisYw~+ f• ~ ~~ry P1~It, slit! Of ~011da it Vfq! ~ • ` ~ ~ • ~ of Fo.? rK.u. - : ~ ~G)s ~ (Awa~issioa 6cp;ra Sept. 23. 1969 ~ Fwr Pi.ru Flo.ids r'~ L' ' ' w.+.e b~~ F:. a a~.dn co. RECORD~E~ ' ' " ~ FILED AND : ` ~ : ~ ~ ST. lUC1E COUNTY. • - ti_ - ~ ; ~ .Rf CORD ~'ERIFIED : ~ ~ ~ ~ ~ ' t~ . 152~55 . ~ ti''• = , . '67 f EB 2 PM 3 ' ~ 9 ~ . c' . : ~ ~ ' ~ ~•oiTRas : CLERK CIRCUI7 COUR7 ~ g00K164 PAGE1442 t ' l ~ - ~c. y ~ . - - ~ - r~'w.~-.~ = , , ~ ~