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Home My WebLink About2101 3. To plsct a~d conti~uo~sly keep a~ the bui!d'+ng: rww w Mreahsr i~twte on satd land and on ati equipment and p~aon~lly cov~r~d by thi~ mon~ sg~, with dl premiumt 1he~eon p~id in full, fire i~sur~nc~ in the usual tiiandard poiicy (orm, in • sum approved by the MORTGAGEE, and windstpm ~nsur~~c~ in ~h~ usual sqnda~d pol~q fam, in • sum approved by th~ NWRTGAGEE, i~ ~uch company o~ compu?ies a th~ MORTGAGEE may di,ect: ~nd all fir~ and wi+~tktwm insuranc~ policies on any oi said 6uild~nps, ~~y inttrt+t therein o~ part the~eoi, in IF?~ ag~rs~~t~ wm afa~taid a in ~xces~ ~hereof, shall conlain the us~al itandud mwtgayee cl~uu pr such o~ha clauis as ~M Mwt~agae m~y rpulre. ma?inp th~ loss und~r aid pol} c~es, each and ew~Y. paYablt ro said MORIGAGEE as ib interesl may appes~, ~~d csch and ~vay such poiicy shall be promptly ass:gned and d~live?ed to - any held by said MORTGAGEE as fur~her security ~o said matgagc debt, and, not less lhan ten (101 days in advancs of the expiratia? of eacF~ polity. to dr Ilver to iaid MORTGAGEE a re~+ewa1 theroo(, toped?N with a nce~pt (w the premium of such aenewal; and ~hsre shall be no fire or windstam iniuranc~ pleced on any of said build~ngs, sny interest there~n a pa?t thereof, unleu i~ the fo~m and wi~h the lou payable as aforesaid; ~nd tn 1he eve~t •ny wm of mon~y becp~ys pay~bl~ vnde~ su~h policy or politiba said MORTGAGEE ahall have 1he opt~on to receive and apply the sama on accovrtt of ~l~e indebted- ness tetured hsreby oi ro pamit said MORTGAGORS to receive and ui~ it w any part thereoi fw otncr purposet, wilhout Iherrb~ waiving w~mpair- ing any equiry, lien a right under or by virtue of this mo:tpsge; and in the evenl said MORTGAGORS ahall fot any reason fail to keep the said premisea w insur~d, or fail ~o deliver prompfiy ~~y af said policies of in:urance to said MORTGAGEE, a fa~l prompfly to pay fully any pre~nium the~eiw w in any respect fail fo perfo~rn, discharge, execute, effed, complete, tomply wirh and abide by this covenant, or sny parl hereof, said MORTGAGEE may place and pay for such insu.ance or any part thercof without waiving w affectinp a~y option, lico, equ;ty, or right unde~ w by virtue ot this MortgaQs, and the t~l1 smovnt of each and every s~rch payment shall be immediately dw a~d payable and shall bc~r interest. from 1M dste thereof ~ntil psid st the ~ut~ of nint per cenwm per annum and to~ether with suth interest shall be setvred by the lien of Ihii matgsye. . 1. To permit, commit w suffa no waste, impai~ment or deterioration of said property o~ any part theroof. 5. To psy all and singulu the costs, charges ~nd expenses ioctudinp a r~asonable attorney's fee and costt of absnacts of titk, incurr~d w paid at any time by said MORiGAGfE, becavse or in tF~e ~vent of Ihe f~ilurs on the part of Ihs said MORTGAGOR lo duly, p~omptly and fully per(orm, d~xhar~. execute, e(fed, compkte, comply with and ab:de by each and every the itipulations, ayreements, conditions, and covenanb of said p~omissory rrote and thia morrgage any or eieher, and uid to~t~, cha~ges and expenses, escF~ and every, shall be immed~ately due and payable; whether p not the~e be r.otice dt mand, attempt to colktt w wit pe~ding; and the f~ll amount of each and every suth paymcro shall bea. inleresl from the date thcreof until paW af the .are of nine per centum per ann~m; and aU said costs, char9es and expenses incv~red or pa+d, together w~th such interasl, shaU be secured by tM lien of thit mottga9e, { t Q That (a) in fhe eveM of any breach of this Mortgape or default on the part of the MORTGAGOR, w(b) in the event any of said svms of money ( herzin referred to be not promptly and-fully paid within thirty (3pj days nexl aiter tlie sune severatfy become dua and,psyable, withovt demand .x notite, ° or {c) in the event each and every the stipulations, agreements, condir'wns and coveoants oi said promisso?y note and th~s mortpspe a~y or either ~re not ; ~uly, promptly and iully performed, d~acharged, executed, effected, completed, complied with and abided 5y, Ihen in either or any such evt~f tM said a¢ ~ gregare wm menraned in said prom;ssory nore t}Kn ?emaining unpaid. with interest accrued, and all moneys setured hereby. shall becwne dve aod p+y~ able fwthwith, w thereafte?, at the opt~on of said MORTGAGEE, as fvlly arrl completety as if all oi the said wma of money were oripin~lly st~pulated ro be paid on such day, anything in said promissay note a in this Mortgage to the contrary norwithsta.~ding; a+~d thereupon w thxresfter at the option of said MORIGAGEE, wirhout not~ce w demand, wit at law a in equity, therefore or thereaftcr begun, may be prosecuted as if all mw?eys secvred hereby nad maturtd pr~or to its inttitution. 7. That in the event ihat at the be~i~n~ng of or at any time pending any auit upon this Mortgage, or to fwectose it, or to ~eform !t, o? to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisd~cfion thereof fw the appointme~t of a Receiver, such CouA shall forrhwith appoint a receiver oF :a~d mwtgaged property all. and singular, includ~ng all and siogular ~he intome, p~oiits, issues and revenues irom whatever seurce derived, each and every of whKh, it beirg expressly unde~stood, is hereby mortgaged as if spec~(ically aet fwth and described in the yrantirq and hjhendum clauses hereof, and such Receiver shall have all the broad and eifective iuna~ons and powers in anywise entrusted by a Co~rt fo a Receiver, ~nd s„ch appointment shall be made by such Court ai an sdmitted eqvity snd a matter oi absoture ~ight ro said MORiGAGEE, and withoul ~efersnce to fhe edeqvacy a inadequacy of the value of the property mwtgaged or to the soNency or insolvency of said MORTGAGOR w the defendants, ai+d that such ~ rems, profits, incane, iuoes and revenues shall be applied by such Rcceiver accord~ng to the lien or equity of wid MORTGAGEE e~d the practice o~ such Court. 6. To duly, promptly and fully periorm, d~xharge, execute, effcct, complete, comply with and abide by each and every the stipulafions, agrcemeots, conditio~s and covenants in sa~d promiuory note and ~his mortgage set falh. 9. That in the event the ownership of the mortgaged premises, w any part thereof, betomes vested io • person other fhan fhe N10RTGAGOR, the MORTGAGEE, it~ auccessws snd assigns, may, w;thout ootiee to the MORTGAOR, deal with such succeswr w sutce~sos in interest with reference to this n:w~gage and the deb~ he?eby secured in the same manner as with Ahortgagw w~thout in any way vitiating p dixharging 1he Mortgsgors' liability FKrr under or upon fhe debf F~ereby secured. No sale of the Fremises hereby mortgaged and no forbea~a~te ort ~he pan of the MORTGAGEE or its sutcesso~s or a:signs and no extension ot the time for the payment of the debt hereby secured given by the MORTGAGEE or iri svccessors w auigns, shall operate ro refeau, diatharge, modify change or aftect the priginal liability of the MORTGAGOR Fierein, either in wholt cr in part. 10. It is spec~fically agreed thaf time is of the axnce of this contract and that rw waiver of any obligation hereunder a of 1he obliyation se- ' e cured hereby shall at any time thereaita be held to be a waiver of the terms hereof or of the irutrument secured herby. 11. In addn6oa to the forego:ng monthly paymsnts of princ'pal and interest requ~red by the promissory note secured hereby, mortgagor covenanis a~,d agrees to pay to mortgagee with each monthly payrnent an addiiions( sum estimated by mortgagee to be equal to 1~12 of fhe annual cost of the follow- in~: A-All real property taxes levied or assased against thc above deuribed real estate. B-Premiums on fire and windstorm insu~ance as herein requ:red to be canied on the improveme~ts situate on the above desuibed premiaes. C-Premiums a~ such mo~tgage guaranty insurance as mortgagee shalt from t~me to time deem fit to carry on the loan secured hereby. Mortgagee sha~7 From time to t~me notify mortgagor in writing of fhe amount due and payable he?eunder a~d such sum ahall thereupon be due and ; syable on the due date of the ~ext monthly payment and each successive mooth thereafter ur.til mortgagee shall notify mortgagor of a change in such a•~,ount. Such sums sF.all be applied by mortgagee toward the payment of real property taxes, insu~ance {uemtums, and mo~tgage gua~snty ins~rance p•emiums. - ~41 I E the said MORTGAGUR has hereunto set his hand a~t! seal the day and year fint aforesaid. I livered in tF~e pteslr~ce of: ' - ' a4 ,n , _ , n ~--n 57ATE OF ftORIDA ~ C~:UtJTY pF S~',~ .ll[~~ A Befwe me perao~ally sppeared Riehard A Flani ggn, a„~ Al i rA J. 9ni an ~he ~nd7v;dusls deur;bed in and who execvted the f~ ~ns~~ume~t, and Kk~~ his wife, to me well known and known to me ro be ~^9 edged befue me that they executed the iame for the purposes iherein expreased_ And fhe said- Al~Ce tT? Flanigan ,~;fe of the ~~a Riehard A. Flanigan vpon a sepsrate an~! privat~ e.~aminstion by me taken separate and apart from her said husband, edcnowledged to and befwe me that she executed said instrument freely and volurr rar~ly and w~thout any compulsion, constraint, apprehensan, w fear of or from her sa;d Iwsbsnd, WITNE55 my Mnd and official sesl thi: / A~ day of a A. D. 19~+,L_ ~ ' otary Public in ar+d for the Stste of Flarida st larpe ~ My Commiuion expires: Return To: ' • " . ~irst Fedenl Savings 3 loan Association ~ . P~~ S~ ~ F~j~ : ~ Of Forl Pierce. ~ ^ y 23 19b9 f0?f ~ •1 _l ~r ~ - ~~r ~~IKf10~ ~ ~ ~ Pierce, florida . L; A~M~ ~ a w~r C,w FtLEO ANO RECORQEG ' ST, LUC1~ COUNTY. FLA. ~ • ' ~ - ~ ' ' " RFcoan vFRiF~~o = = _ - - _ , _ 1. :t_ . . ~i~;•.....•- '~T All~ I I K 2 : 59 : ~ - . ~ ~ • . ~--{Ol1~.e~ ~:O~t:?~ i~OITR~S 0_ R CLERK CIRCUIT COURT .gg~K~~'~ .P~~?~~~ _ , 1~. b . . - - - ~ : - _ - - -