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Home My WebLink About1505 , ~ i . , To plaa ~nd continuovsh IcNP on tM buiidinp~ now o~ hKtafta wtwt~ on ~aid land snd on ~N puipmN+t uid pawn+lly covK~d by th4 n+orp~ +9s, with ~II premiwm tM.w~? p~~d 'a+ fvll, fir~ imw+nn io tM uw+l sundud policy fonn, in • sum approwd by tM AhORTGAGEE, s~d winihtorm ~nsur~ te rhe ~wal s~u~dud policy fam, in a wm ~pproved by ~M MORiGAGEE, in wch comp+ny o~ canP+~~~+ +s tM MORTGIIGEE m+y direclj u~d aU f~~ and wirds~wm inwr+~a Pdicies a+ anY of i+id bvildinps, ~^Y int~~st therein or put thsreof. in the ap9repat~ wm afwes~id w in ~xons ~herwf, sh~ll conuln tM wual uandud matqayee davs~ w i~ch ahe~ cisu~ a tM Matpp~e may rpui~~. makirp tM loss w+der s+~d PdF ues, each aod evtry. paY~bN a s+id MORTGAGEE as in inre~esl may a{?p~+?. ~nd ~+ch +ed svery avch policy sMlt b~ p~anptly ass:yncd and d~livK~d ~o . any heW by said MORTGAGEE ~s fwthsr ~ecurity to iald n+ortpa~ d~W. and. not Mss tMn »n (10) daYs ie? +dv~nce of /M expiraYron of ~ach pol~ty. to dr liver ro said MORTGAGEE a nnewal thtrwf. IopelFwr with a?eteipt for 1he pra++ium of tuth r~newalt and there sMll b~ no fir~ w windstam intw~nt~ placed on ~ny of said bviWirg~, ~ny intaest tMrein or put thereof. ~nleu in tM form ud wi~h tM bu payabt~ +s +fa~~wids e~d in th~ ~wnt any sum of moeNy beconNS paYable w~dN wch po1kY or policiss s+id MORTCaAGEE shsll hsw ~he option to reoeive and ~pply tha ~me on account of ths indebted~ neas secur~d hereby w b pKmit ~aid INORTG/1GOR5 to ~eceiw a~d ut~ N w any p.rt Ihereof fa othcr purposas, without thrreb/ waiviny a unpair ~.y any p~iry. li~n w~i~ht andsr w by viAw of this matyayr, a~+d in.tM tvent ~aid MORTGAGORS th+ll for any reason f~il to keep tM tsid premises w i insured, or fail b dsliver promptly any of ssid pol'Kies of i~qwann to s+id MORTGAGEE, o? fail prompt t y fo p+y f ~lly a~y pr~mium ther~for o~ in sny respsct fail b pafonr~, discMrp*, txecute, ~ffett, tompl~t~, comply with and abide by this tovsn+nl, w any put Iwraof, s+id MORTGAGEE may plst~ +nd ! pey iw such inwrancf w ~ny put tht~~of without wahrinp a ~ff~ctinp any option, li~n, pvity. a riyht und~r or by vktue oi this Mat9ap~ ~nd the ~ tull amount of sach ~+d ~wry wch payment ~II b~ imnedi+tdy dw ud payabb a+w! ~h~tl b~ar interest f~om tl» d~t~ thereof until p~id ~t tM w» ol nine per centum per annum a~d together with suth interest ihall b~ secvnd by tM 1'Nn of this maty+pe. ~ j I. To permit, oommit or wffer no wast~, impaument w deterioration of s~id propKty a+ny p~~t thersof. 5. to pay all aod imyu~~r th~ costa, chu9as +od expen~s, includinp • reasa?abl~ attomey's fe~ snd cosn of ~h+cra of titb, incund a p+1d at any time by sa+d MORTGAGEE, becswe or in ~hs •v.ro of rh. f~ilun on rh~ p,~ of ~he ud MORTGAGOR ro d„ty, promptly and ivlly psrform, dischuyR execute, effM, oompk% comply with and ab3de by ~sch and every the stqwlations, sgreamenn, mnditions, and oovenanb of said promissory noro ~~d ~ha rnorfgaye sny or either. 'snd said costs, ch~ryes and expenses, e+ch and every, sMll b~ tmm~diately due and p~yable: whether a not ther~ b~ r.otic~ dr mand, sttempt to collect or suit p~ndngt aed the full s~+avnt of tach Md awry such payment shall bear interest from ~he date tMreof uotil paid ~t the ~are of nine per c~ntum per uwwm; and all ssid costs, char~s and expenws irkwr~d w p+k1, to~tthsr with t~xh iotenst, ~MII b~ s~cured by 1M li~n of tha mortyape. 6. TMt (a) in the avent of any kxeach of this Mwtys~e w defsult on tFr p+h of the MORTGAGOR, or (b) in tM ~vent any of sa~d awn~ of naney here+n referred to be not promptly ~nd fully paid within ~hirty (30) d~ys next sfter fhe sarne sev,er+fly becane due and paysbk, without dem~nd o? not'~te. t or (c) in ths evem each and every tM stipulatioes, sgre~m~nts, cond~tions and coven~nq of ss~d promissory not~ and tha mortp~e any w either are no1 ~ iuly, promptly and fully performsd, d~sclWrqed, executad, ~ffect~d, compt~ted, aomplied with and sb~ded by, tMn in either a any such ~rlflt (M MIII ~ ~ gregate wm me~tioned in said promissary ~ote then remaininp unpaid, with interest scuued. ~nd all moneys aetured hereby, sMll becwne dut and pay~ ab~e fathwith, w thereafter, at the option ot said MOR?GAGEE. ~s fully snd completely +s ii ~II of tl+e said swns of money wero aiqinally stipul~ted ro be paid on such day, anytl+;np in said promiuory ~wte a in this MortyaQe ro the contwry notwithsundinq; ~nd thereupon a there~her at the option of seid MORTGAGEE, wiYnout notice or dema~d, suit at Iew or in equity, therefore o? theresiter beyu~, may be prosecvted u if all moneys sewnd hereby had matured ptwr to its i+~stitutio~. 7. Ths? in the Pvent that ~t the beginning of or at sny time pending any wit vpon this Mortyag~, o~ to fweclos~ U, or w reform it, a to enfwa ~ payment of any claims herevnder, ssid MORTGAGEE shsll apply to the Co~rt having jurisdK~a~ the~eof fw the appointrnent of a Receiver, wch Court shall Forihwith appoint s recciver of said mortyaged prope~ty all snd sinpular, includ~ng all and singulu 1M income, p~ofits, issuts and reveouei from whatever source derived, each and every of which, it beirg expressiy ~nderstood, is hereby mortgaged as if specifically set fath ai+d dewibed in the yranting and habendum clauses hereof, and such Receiver shall Mve all the b~oid and effMive fvnctia+s and powers in a~ywise entrusted by s Court to a Receiver, ~nd :~ch appointmcnt sha11 be made by such Covrt ss an admitted eqvity and a rn~tter of ~bsolute rght to said MORTGAGEE, snd without referenct to ths edequacy or insdeq~acy of the wlve of the prope.ty mortysyed w to the wnroncy w inso~v~ncY o( said MORTGAGOR w the defend+nts, and fhat tuch re~u, profits, incane, iuues and revenues shall be applied by such Receiver accordinp to the lien w equity of aid MORiGAGEf and the pr~ctice of such Court. - 8. To duly, promptly a~d fully perform, d"acF~ar9e, execvte, effect, completa, mmply with and abide by Nch ~ed every the sfipul~tioM, agre~nfs, co~ditions and covenants in said promissoty note and this mortgsge set fwth. ~ 9. That in ths event the ownership~ of the mortqsped premises. ar uiy part tF~eof, bccornes vested in a pertoil otlwr thsn the MORTGAGOR, tl?~ MORTGAGEE, its succeuws and auigns,'tnay, without ~otice to the MORiGAOR, deal with such svccessor or successw io interest wj~h reference to this mortgsge ard the tkbt hertby secured in th~ sama man++er ~s with Nbrtgsgp without in ~ny wsy vitiaHnp or discharginy the Mwtga~ors' liability hera unde. or upon tFie debt F~eretiy secu.ed. No ssle ef the premises hereby mortgaged and eo forbearanoe on the p+rt of the MORTGAGEE or ib successors or assgns and no extension of the time fw the paymem of fhe debt hereby seturtd yiven by ths MORTGAGEE or iri suctessors o? assigns, shall operat~ ro release, discharge, modify change w affect the original liab~lity of ~he MORTGAGOR herein, either in whole w in p~rt. 10. It is spedfically agreed that time is of tM essence of thh contr~ct ~nd tMt no w~iver of any obligsYa~ hereund~r or of the oblipation sr cured F~ereby shall at •ny time thercaher be held to be s wsiver of the temu hereoi or of the instrument secured herby. 11. In additio~ to the forego:rg monthly paYments of princ:pal and iMerest required by the promiuory note setured herebY, morf9sgor oovtnanri ard agrees to pay to mortgagee with each monthly payment an add~iwnsl sum estimated by mortga9ee to be equal to 1/12 of the anwuel cost of the follow- ~ng: A-AU real propeAy taxes levied w assessed against the above desuibed resl estate. B-Premivms on fire and windstwm inswance as herein requ~red to Ix carried on the improveme~ts sitwte on the above desuibed premists. C-Premiums on such mortgage 9varanty insurance as mwtgsgee shall i~an time to time deem fit ro orry on the loan secured hereby. 'f Mwtgagee shall from time to time notify mortgagor in writing of the smounf due and psyable hercunder and svch sum shall thereupoe be due and ~ ~ F3yable on tfie due date of the next monthly paymem and each successive month thereafter_ urtil mortgagee shall notify mo~tgagw of ~ cFiarge in wch ' ~ a~:ount. Such sums shall be applied by mortgagee toward the payment of real property taxes, ins~r+nce prem:ums, and mwtgaye guaranfy insunr?ce i i premiums. ` IN WITNE55 WHEREOF, the ssid MORTGAGOR has hereunto set his h~nd and sevl the day and yeu first aforesaid. i . Seal d~ deli e presente of: n n _ ` ~ry ~n STATE OF FLORIDA ~ ' nA (j A ~ ' COUNTY OF eefwe me perwnslly appeared Kathl wPn Snhe~S~L+11~ A wi ~Q~ +rtrt!' hts~riFe, to me well known and known to me to be the individw dewibed in aod who executed the fweyoin~ instrument, and adcrwwkdyed before me that t executed the same fw the pwposes therein expressed. /Mr-IIwMi~ ---A ~i~?f.tl.~.s~ii ~ ' - E1pon-rseparsle~indpA~e~ _eiaoyratioo. by~lalc~ui~parai~. awd aprri froaA-Me~-s~ii iws~a~d?- b-a~d-~ef~re ~ne ~hst-the-ewea~~ed ~s~id~slra~e~ir ireeF~ snd~el~rr ~tarily~aY~t~ri~6a~ld. ~fl~t ~On1~fi~MAr ~Owslr~iM,.~pNMMliO1~,~I1/~l~f~lh~~llwf ~I!* MI~1~lb~lld. ~ • L.~ WITNE55 my hand and offiwl sesl th~ dsy of Febr~ar~, , H. D. i9~S._ j ~ ~ - Notary PuWic in J for the State of Florida at luse My Commiuan ~xpires: ; Retum Ta ' ! Fint Pederal Savinss 3 loan lluociatan MOTIUlr NI~IIC. STATE d iLORIDA M LARGE DE~ ' : Ilr COI~M~ RES AU6. 30. 1~ FI~~ . . • ;~'es~ ?wco r. ~~r ST. l. E~~~~~~ FLA. :i,s,. .J- RECORD VERIFIED . ~ : ' ~ 1524~5 - ~ ~ ~ - z - ~ y '6T FEB 6 AN 10 : 2 - : ~ ~r . ~ ~ ~ ~ `i`~~~ - ~ i , r, . i.~ ~ . " . ~ ;r - . ( ' ~Q~rR i-017R~S L7i;i • ~ ~ CLERK CIRCUIT COURt . ~ ~ ~ eooKss4 P~s~o~ _ ~ ~ ~ ~ ` ~ -l~ - ~ ~ - ~ : ~,i., -