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Home My WebLink About1664 ~ To plan and contlnuously keep on the buildirgs rw~w a Mraahsr urwt~ on said lar~d snd on ip equipment ~nd ptrwnally covrred by thi~ mwty- sgs, w~th ~II premiums thereo~ pa~d in full, fin in~wanc~ i~ t?~e ~sval st~ndard policy fwm, in ~ sum apprwed by ~he MORTGACsEE, and winditorm tniursnc~ in tM ~swl sunda~d potrcy fam, in •:um ~pproved by ~he MORTGAGEE, ie? i~ch compa~y or companies as rM MORIGAGEE may dtrcct; ~nd all fire and windirorm Inswar+c~ po~icles on ~ny of iaid buildinys, ~ny intera~t therei~ w p~rt tM~eof, in the a99reyaq s~m afa~said w in sxcesi lhereof, sMll contsin the uswl ~bndxd matgayee cla~t~ p suth otha~ clavs~ as the Malyagee msy raquir~, mawirp the {ou under uid poli~ ~ ues, each and eve~y, p+yebl~ b iaid MORTGAGEE as its inrttest may appea~, and eath and ~ve~y such poticy shall be promptly as:yncd and delivt~ed to any held by said MORTCsAGEE +s further ~eturity lo said mortgsga dtbt, and, ~?ot leu 1Mn ten (101 days i~ advance of the expiration of each pol~ty, to d~- irver to taid MORTGAGEE s renewal ther~of, top~thK wi~h a reccipt fa the premium ot such rcnewal; and there shall be no f~re or windstwm insur~nce t piaced ort ar?y of said buitdings, sny Interest t1?Ne~n a part thereof, ~nleu in ths form and with the lou p~y~ble as a{weuid; and tn ~he event +ny sum i of money becomes payabk under such policy o~ polici~s s+id MORTGAGEE shall Mw ths option ro receive and apply the s~me on accovnt of ~he indebted- j nesi secured hereby or to petmit ssid MORTGAGORS tp ~eteiv~ ~nd us~ if q any part thereof for othcr purposes, wilhout Ihrreb~ waivi~~g w unpai~- # ing any ~quity, lie~ or riyht und~v w by virtue of this mort9a9e; a~d in the weeu iaid MORTGAGORS ihatt fw any reaso~ fail ro keep the ssid premixs so insured, or fail b deliver promptly ~ny of said polities of insuranc~ to said MORTGAGEE, a fail promptly to pay fu~ly any premium the~efo~ or in a~y respect fai! to perfarq, discharge execute effect, compl~te, comply wi~h ux! abide by this oovcnanf, or any part hereof, said MORTGAGEE may pl~ce and pay fw such insurance or a~y put tlureof withovt waivirg w ~ff~cti~p ~ny option, lien, equ~ty, or right unda w by vinue of this Matga~e, and rhe t full amo~rnt of each and evary such payment shall be irnrnediately dus and psyabk ~nd shall bear interest from tFa dats thereof until paid st the ~ate ot nine per centum per annum and to~ether with such interest shatl be secvred by tF~e 1'~en of this mortgs~e. 1. To permit, commit or suffer no waste, impairmeM w dtteriwation of said pro~ty o? any paN thereof. 5. To pay all and singulu tM coats, ch~?yes ~nd ezpenses, includ;rq ~ rcaso~sbk attwney's fee and costa of atutracts o( title, incv~red o? paid at any time by said MORTGAGfE, because o~ in the tvsnf of the fiilure on the part of the said MORTGAGOR fo duly, promptly and fully perform, dischargR execute, effect, complete, comply w~th and ab~de by ead+~and every the stipula~ions, agreements, cond~t~ons, and covenanri of sa~d promissory ~wte and this mortgage any or eitF~, ~nd sacd costs, cMrgq ~nd eapenses, each and every, shaN be immedia~ely due and payable; whether w not th~re be ratice da mand, attempt to collect or suit pendingj and the full arno~nt of esch and wery wch payment shall bear i~terest from the date thereof until paid at tise ~ate of nine per canwm pe? annum; and all iaid costs, charges and ezpenses incv~red w paid, togethsr wilh such intersat, shal) be secured by the lier~ of this } morfpape. - ~ 6. That (a) in the event of any bnach of this Mort9ape or default on tM pa?t of the MORTGAGOP., o? (b) ;n the event any of sud :wns of money herein ~eferred to be no1 promptly and fully paid within thirty (30) days next after the same uverally betome dut and payable, without demaod or notice, or (c) in ~he event each and every the st%pvlateons, sgreements, cond;tior?s ~nd covensnts of sa~d promissory note and th~s mortgage any w e~ther ue not iuly, promptly and fully perfwmed, d~scharged, executed, effected, completed, complied with and abided by, tfien in e~the? or ~ny such eva+t the uid a¢ 9regate sum mentaned in said p?omissory nofe thm remsininp unpaid, with interest accrued, and a!! moneys secured hereby, shall become due and pay- able forthwith, w thereafter. ~t the option of said 1NORTGAGEE, as fully and completely as if all of the said wms of money were aipiMlly stipuiated ro be paid o~ such day, anything in said promiuory note w tn this Mortgage fo the contrary notwithstanding; and theteupon or thereafter at the option of ~ se+d MORTGAGEE, w;thout norice or dcmand, wit st law w in equity, therefore or tAereaf~er begun, m~y be prosec~ted as if all ma~eys secv~ed hereby had matured pnor to its institution. ~ 7. That in tl+e event that at the beginning of or st any time pend~ng any suit upon this htortgage, or to foreclose it, or to reform it, or 1o enforp payment of any claims herevnder, said MpRTGAGEE shsll apply to the Caurt hsving jurisdiction thereof for the appoiMment of a Receive?, such Court shall ` fer!hwith appoiN a receiver of said morfgaged property all snd singula?, inciud~ng all and singula~ the income, profits, issues and revenues from whatever + se~rce derived, each and every of which, it being expressly understood, is hereby mortgaged as if specifiwlly set fpth and described in the granting and ~ f~abendum cla~ses hereof, and such Receiver shau Iyve all the broad and effective funct~o~s and powen in anywiu entrusted by a Covrt to a Receiver, and t s:;ch appointment shall be made by such Covrt as so sdmitted equity ~nd a matter of absolutc right to said MORTGAGEE, and without reterence ro the ec+~~quacy w inadeqvacy of the value of tlx properry mertg~yed or to the wwency or insotvcncy of sai~ MpRIGAGOR a the defendants, and that such ; renrs, profits, incane, issues end revenues shall be spplied by such Receiver accwding to the lien or equity of said MORTGAGEE and the practice of such Coutt. 8. To duty. promPMy and fu!!y perform, discharqe, exccute, effed, cornple~e. comply with and abide by each ~nd every the stipulations, agreemeets, conditions and covenants in said promissory note and this mortgage set forth. ' 9. That in the eveM the ownenhip of the mortgsped premises, or ariy part thereof, becomes veated in ~erson other fhse the MORTGAGOR, tF+e MORTGAGEE, its successon and auigns, may, wifhout ootice to the MORTGAOR, deal with such sutcessw w sixcessor in interest wifh refcrence to this mortyage and the debl hereby secured in the same manner ~s with Morigago? withouf in any way vitiating p dischargirg the Mongagors' liabilify hertr under w upw~ the debt hereby secured_ No sale of the premixs 1~ercby mortgaged and no forbearance on ihe part of the MORTGAGEE or its successws or ass~gns and no extens~on of the time fw the payment of the debt hereby secured given by tlx MORTGAGEE w its successors w auigns, shall operate ro release, discharge, rnodify change ot affect the wiginal liability of the MORTGAGOR hcrein, either in whole w in psrt. . 10. It is spec~fically agreed that time ia of the euence of this contract and tF~at no waiver of any obligstan hereunder w of the obligaYan se- cured hereby sba!! at any time thereafter be hefd ro be ~ waiver of the terms hereof w of the inserument secured herby. 11_ In addAion to the forego:ng monthly payments of princ"pal and interest required by the promiswry note secured hereby, mortgagor tovenants r.nd agrees to pay to mortgagee with each monthly payment an add~rional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of tlx foltow- Ing: A-AO ~eal property taxes levied w assessed against the above described real estate. B-Premiums on fire a~d windstorm insurance as herein requ~red to be carried on the improveme:?ts situate on the above desvibed premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from time to time deem fit to prry on tFx loan setured hereby. Mortgagee shaf( from time to time notiiy mortgagor in writirg of the amount due and payable hrreunder snd such sum shall thereupon be due and F~yable on the due date of the next nw~thly paymenl and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in such a~„ount. Such sums shall be apptied by mortgagee toward the payment of roal property taxes, insurance prem;ums, and mortgage guaranty insursnce premiums. ' . IN WITNE55 WHEREOf, the said MORTGAGOR has hereunto at his hand and ua) the day and year first aforesaid_ Si9ned. led and ed in the presence of: . ~ ~ ~ - aD - n !s~~ STATE OF FLORIDA ~ f couNrY oF _ St _ Luc ie BeFore me personally appeared William r,. Mims a~ M8~'.~ Ml.ltls his wife, to me well known ar+d krawn to me to be rhe individuals deuribed in and wlw executed the foreyoiny instrwneaf. and ackrwwledged before me ihst they executed the same for the purposes therein expressed, a,a rr~ ~;a - Mary D Mim 9 w~fe of the uid jll~lll m E M~I113 vpon a sepsrate and priwts exam~nation by me taken separate and apart from her said husbsnd, sdcnowl~dged ~p and befwe me that she executed ssid irtstnrmeM freely and voturr ra~,ty and wahout any compulsion, constraint, appr~hensiyp, or fear of w from i~er s~id husband. WliNE55 my hand snd official sesl thu ~J~ dsy of A D. 19~_ Notsry P in and for the State of Florida ~t lar~e My iuion expires: ~l~.d~ li ~ ! ~ ~ ~ Retum Ta First Federa) Savirgs 3 Losn /lisociation ,~~~~•;,::;t'••=L..: ~ Of Fwt P~erce. ' .1~ FIEs@D~4Kff'flI~CORDEO = ; :';::~j ST. C E ~ ' - LU I COUNTY. ~LA. ~•c;~ c> R~~=-~ VERIF~ED ~ _ - ~ ~ ~7: J ~ '61 AUG 3 p!I ~ • ~ . y - ; . . I s - : 1 ' ~ ~ ~~i 58'752 ~ nO~ER r'OITRAS ~ , CLERK CIRCUIT COURT ' ~K1~~ PACF , - . . _ . ~ . - - - :_wA;~~ fh`,~f a ~ h~. ~3 ' ~ '~'~~Y ~~4`.. g. . ~~i.~ Y ~~c'^ _