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Home My WebLink About2651 s To plaa u+d conNnuousN ka~P on th~ buildinps f10W Of FNfNffN Mtu~f~ OI~ 1~Id Iaf1d i1~J 011 iII lQYIPIMM ~ PMWA~IIy COYf~~ bY 1AI{ 1tWft0' , a~~, with ~II pr~mium~ thKwn paid i~ full, fin insw+nc~ u+ tM ~iwl sunda.d polky fo+m, in a swn ~pp~owd bY ti~ 1MORTGAGEE. ~nd wind~torm ~ inwr~np in tM ~tual p~nda~d policy form. in a wm approv~d by th~ 1NOitTGAGEE. h? sucl~ comp+ny a tompan~a a tM MORTGAGEE n?iy ~ dir~di ~nd all fk~ u~d wkKbronn inwrana policiss on u+y of i~id ~lildifp~„ NIy ifl}~fHl 1F1l~t1f~ Of p~fi iF~NfOf, ie tM apprp+~~ awn afa~s+id a In ~xaa th~rwf, ~hall ca+tain tM ~w+l ita.~ud matgsgk clava o~ tuch otiw~ dau~ as tM MortypN m+y rpuk~, makinp tM Iws w+dK ~ad po1F ci~s. ~ach and ~vKY. WYable fo s~id MORTGAGEE as in interett may ~pptar, and eath and tvtry svth poliq ~MII b~ pranPtly ats:9rnd and delivtnd 10 ~ ~ny Mld by said MORTGAGEE ~s fu?thK s~curity ro ~aid mor~ya~ debt, and. nw i~ss than ~en (10) days in •dvece of ~h. •xpira~ion of .ach poticy. ro da IivK to uid MORTGACaEE • nnewal tMrwf, topttMr with • nteipt fw tM pnmiwn of such renewalj ~nd then ihall b~ no fu~ w winduwm ie?swu~a ! plac~d on ~ny of aid buildinps, ~m i~lNest tMr~in or p+rt tAxeof. ~nku in tM fo~m ~nd wi~h th~ loss payibN as afonsaid~ u~d in tM ~wet ~ny swn of mwwy b~oon~ p~yaW~ ~nda wch polky o~ poUci~s stid MORTGAGEE sha~l h~w th~ option ro noeive u~d ~pply 1M s~me on +cwunl of tM ind~bted~ ness Ncw~d IN~~r w b permit s+id MORTGAGORS to rsoeiw snd us~ N w~y part thereof fw oti+e~ pwposes, without thereb/ waivi~~ a imp+i~- 1rp ~ny p~itr, IiM w ripht u~l~~ or by virtw of this mwtyapej u~d in th~ ~vent ~aid MORTGAGORS sM0 (w ~ny r~awn f~il to keep 1Fw s+id prtmises so insurd. or fdl b dtliwr promptly ~oy of pid politi~s of iruwant~ ro said MORTGAGEE, w fsil ptomptly to p~y fvlly ae?y prtmiwn thtr~fo~ p in uyr r~ipect fail w p~rfwrt~, dischuy~, uatut~, ~ffM, oompbte, tomply with ud abid~ by this ooven+nt, or snY put Mreof. s~id MORTGAGEE may pl~ ~nd p~Y fot wd~ lnwrancf or ~ny p+rt tlweof witAout w~hrinp a ~ff~ctinp any option, li~n, eqvity. or right und~t or by viNw of this Mat~sp~. ~nd tht fu11 amovnt of Nch and ewry such paym~nt ~h+ll b~ imrnadi~tely dw ~nd payabb and sMlt •be.? inreres~ from the d~a thcreof until p~ld ~t tM rab of nir,~ p~r pntvm pK a~+rwm and topether with wch interest shall be secvred by the lien of this mortpaps. To p~rmit, oommit ot wffa no wast~. imp+i?rn~nt a deterior~tion of said P?opNb or any part tl?erwf. ~ S. To pay ~II ~nd ~h~pvlar th~ ooats, charpet ~rd expKnes, tncludinp • nason~bb attwneY'~ fee and oosts of ab~nacri of titl~. inevrred w p~id ~t any tim~ by said MORTGAGEE, b~ca~+ae o~ in th~ svant of the fsilure on the p+rt of th~ s~id MORTGAGOR to duly, promptly ~nd futly perform, d'acM~ •:~cvt~. ~ff~q, oanpl~t~, oomply with and ~btd~ by eicl~ ud every tAe stipulatio~s. apreements, conditio~?~ and covenann of s~id promisuxy not~ ~nd thu mortpp~ sm a titl~. u~d taid costt„ ch+ry~ ~nd a:penses, each and every. sMll b~ inwnediately due u+d payabla: whe~htr w ~wt ther~ ba notiu d? m~nd. ~ttempt to aoll~tt a wN p~ndirpt ud tM fvll smovM of each and every wch paymem shall beu interest i~oen tlw date tt?treof onKl p~id ~t tM .are of nin~ pet cs~tum per amaunt u~d all said aosts, cFaryes u+d expenses incwred o~ paid, together with s~xh lntuNt. sMll b~ s~cured by tht {wn of tha 6. 1Mt in tM ~vent of any brtach of this Matgspe or default on tM part of the MURTGAGOR, or (b) in the ~vent any of u~d w~m of mon~r h~r~In r~f~rd to b~ not prompHy and fully psid within thirty (30) days next ~fter the same severally become due and p+yable, wi~hout dem+nd e? not~. } w W In tM ~wnt ~ach and ewry ths stipula+ions, ~yreemsnts, cordiYans and covenann of sa~d prom~ssory note and ~h~s mortqap~ any or ~~ther ~re no1 iuly, prompNy and ivlly paformed. discharped. ~xetuted. effected. tompl~ted, complied with and abided by, then in either ot any such wem tM s~id ~ pryah twn ma?tioned in s+iti promissory note then remainiry unp+id, with interest acuued, and all moi+eys secu~ed. hersby, sMll bttome dw u+d W1P ; ~bl~ forthwith, w tMrNftK, at IM option of said MORTGAGEE, as fvlly and comple~ely as if all of the wid svma of money were aipinally ~tip~rl+ted ~ i ro b~ paid on such day, anythlnp in said promiuory rate w in this Mwtg~ge to the contrsry ~otwitl+stsndinq: and therwpon or tha~+ftar at tM option of ' said MORTGAGEE, witlw~rt notia or dem+nd, wit at I~w or in equity, therefwe or thereaftsr begun, msy be prwecut~d as ~f nwn~Y~ s~a+rd hueby ; n+d n+aror.d Prior ro~n trurcwr~a+. i 7. TMt in tM ~vsnt that at the beyinning of or ~t ~ny fime pending any svit upon ehis Mo?ty+ye, a ro for~clo~ M, or ro nfwm it, o~ to enfora ~ p+ym~r?t of +ny d~ims henw+der, said 1NORT6AGEE ihatl apply to the Covh hsving jurisdiction thcreof for t!N ~ppo3ntment of ~ Receiver, suth Court sh+ll Forthwith appoiM i nceivN of s~i~ mort~apsd property all ~nd iu+gul~r, includ~ng all and iingular the inconw, profib, 4sws and reverwes from what~v~r wurn d~riwd. ~~ch ~nd ~wry o# which, it b~irg expressly u~derstood, is hereby mwtgaged as if apecificatly set fath and destrib~d in the 9rantirg and h~b~ndwn davats her~of, a~d such Receiwr thall Mve all the broad and effective funct~ons and powers in anywise entrusted by ~ Covrt t~ ~ Receiv~r, and tuch appoinfm~nt thall be mads by wch Cowt ~s sn sdmitted equity and s matter of absolute righf to said MORTGAGEE, ~nd without referent~ to 1M ad~qvscy w in~d~qwcy of the v~lue of the property mwtgsged or to the soNency a insolvcncy of said MORTGAGOR or The defendants, ~nd that such renrt, profita, incane, iaues and revenues shall be applied by such Receiver accwding to tM lien w puity of said MORTGAGEE and th~ prsctic~ of such Court. 9. To duly, promptly and fully paform, d'achsrye, execute, effect, complete, comply with snd ab~de by e~d~ and wery tM stipulatioea, ayrNee»nta, conditioM ~nd ooven~nn in aaid promiasory note ~nd this mortysge set fwth. ' 9. Th~t in ths evsnt the ownersl+ip of tM matgayed premises, a any part tF+ereof, becwnes wsled in a penon other th~n tM MORTGJ?GOR, th~ - MORTGAGEE, iri waeuort and aui~M, r~y, without notice fo the MORTGAOR, deal with such suctessor o? N~a~sw~ ie interep with r~ferMCe fo this ~ mortysp~ and tl+~ debt Aertby s~cur~d in th~ s+me manner as w~th Mortgagor without In ~ny way vitiatirg a distMrying the Mortyapws' liability hert ; under w upon tM debt hKeby s~cvred. No ale of ~he premisc~ hereby mortgsged end no fwbeannce on th~ p~rt of tM MORTGAGEE or Its auccessors or auipm u~d no extensan of the time fw the psymem ot the dcbt hereby secu.ed given by the MORTGAGEE or its successws a assiy% shall oper+t~ i tfl nlea~, discharp~, modify chanpe ~ effect the aiginal lisbiliry of the N10RTGAGOR herein, either in whole o? k? p~rt. 10. It Is spetifiully agreed that time a of the euence of this contrad snd tMt no waivcr oi any obliyation hereuoder or of the oblipation M- ~ cur~d Iw~~by shdl ~t ~ny f'un~ theresfte? b~ held ro be • waiver of the terms hcreof o~ of the instrument secured herby. I1. In addiYwn to the fwego:ng monthly paymems of princ'pal and interest reqvired by the p~omissory note secu~ed hereby, mortpsgor townanri and aynes to pay to mortps9ee with each monthly payme~t an addirional sum esGmatedby mortgagec to be eqwl to 1/12 of the ann~al cost of the follow- ing: - A-All real prop~rty taxet levied or assesud against the above described resl estate. d-Premiums on firo snd windstorm insurance as herein requ~red to be carried on the improveme~b :ituate on the sbove described premises. C-Premiums on such mortg+q~ ywranty inswance as mwtgagee shall from time fo time deem fit to carry on Mx loan secured hereby. • Morty~pe~ shall from time to time notify mortgagor in w~iting of the amount due and paysbk herevnder and suth wm shall therevpon bs dve and II pay~ble on the due d~tt of tM next rtanthly payment and each successive month thereafter w:til mortgsgee shall notify mo?tgagw of s chanp~ in such amovnt. Such sums shill be ~pplied by matgsgee toward the payment of real property taxes, inwronce prem.ums, ~nd mutgsge guaranty insurance prsmiums. IN WITNESS WHEREOF, the said MORTGAGOR has herevnto set his hand and sesl t year first a(oresi ~jp d, S bd ~nd eliver~d ' tM of: ~ •n ' ~--n ~ STATE OF FLORIDA 1 courmr oF St. Lucia d~for~ ms penonally appeared GhArles Edward Bolen .~,d Al oarnnn R~ Aolen h;, w;r~, to me well known ~nd krawn to me ro b~ rhe ind'ividwls dacribed in and who ~aecuted the fore9oirg instrument, and ~cknowledged before me that they executed the ssme fw the purposes ~+~~e~~ .~...s.d. Ma rh. uid Alaernon B. Bolen wife ~ ~.~a Cherles EdWard Bolen - „P,,, . ,~,.,,e ,,,a ~.;,,,n examin~Yan by ms qken separ~te snd apsrt from her said hvsband, adcnoMrkdged to and before me that she executed said instrument fteely snd voluo- rarily ~nd without anp compubion, wr?straint, spprehensi~x feu of w from he? said husband. WITNESS my I+~nd ~nd officisl seal thi= dey of A. D. 19~_ ~ . NoRSry Publit in and fw the Stat~ of Fbrida at larpe ~ No / ~ MY i1 3 ~ ~ F[nr F.d...1 s+vinps a tosn As.oci,ran • , Not~ry Pc~::, S:ate ~ ffor.~a at iar o+ ~ PK~«~ ND RECAROEO 11Ay Commisuon Ez~rts No:. 3, 196~ FILED A t~.~e a e.,*„r~.w: ~n PK.u. Fb.~d, gT. LUCIE COUN?Y~~~•' • ~ • . RIFIE ~ L~ 1'; ; . RECORD VE b~~ w ~ ~ . ~ : ~ ~ . 61 I~AR 6 ~ 23s . • ~ . - 53 ; L , ; ; o ~i . ~ ~~OITRAS ' • RO~ER ••....••::t~ C1.ERK CIRCU17 COURT ~ ~ = ~ , . ~ ~ 800K~~~ PACE~~ g . ~ . ~ - - - - :x:~ 2 - - . ,.~r~ - ' _ .'.S . . . _ :c.~.'~X'~ . .