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Home My WebLink About2168 To plaa and co~tiiwoualy keep on tM b~ildinps now a I+ae~ftK ~itua» on iaid I~nd and on ~II puipm~nf wd p~nonai~y covK~d by ihts motl¢ .fle. wi~h dl pemwms thersa~ pa~d in fuil, Uro ieuuranc~ ~n ths uiwl ~tude~d policy form, in ~ sun+ app~owd by ~M MORTGAGEE. ~nd winds~am ~n:uru~ in tM uiwl a~sndard polrcy form, in a wm ~p,xov~d by ~M MORTGAGEE, in such company a~ compaoies sf tM MORTGAGEE m+y di~Klj ~nd all fir~ sr+d w~storm inswanc~ poliuss on ~ny of Siid buildi~ My inf~hft IIIO~OiIf Of PiA tF~HOOf, in the ~pprp~t~ wm afores~id w In excess thenof. aMll conuin tM uswl sta~dard mw~Sagaa daus~ w wd? other clws~ u th~ 1Nort9ape~ m+y rpv'v~. makinp th~ lou vnd~r s+id Pdi~ c~es, each and avNy, payabl~ M s+~d MORTGAGEE as in in~erest m~y app~+r. +nd cxh and ~veryr svch policy ~hall b~ p?omptly au:9ned and d~livered to ~ny I+~Id by said MORTGAGEE u iurther sccvrity to iaid mort9ay~ debt, and, not I~si tMn tan (10) days in sdvanc~ of tM ~xpir~tion of each policy, to dr I~~er to i+id MORTGAGEE a renewal thereof,_top~~Mr wi~h a rece~p~ fw Ihe pem~wn of tuch renewal; and ther~ ~hsll b~ no fi~e o~ winditam insvr~nc~ plsced on a~y of iaid buildirgs, ~ny interest ther~i~ or p~rt the~eof, unteu tn the form ~nd with the lou paYabl~ ss afortssid: ~nd in th~ ~venl any wm of mon~y becorms p~yable vrwlsr wch policy a policis s+ld MORTGAGEE shall haw tM opf~on to receivs u+d ~pply the same on acco~?nt oi ths indsbt~ nest secur~d here6y w to permit s+id MORTGAGORS to ret~iw and us~ N w any part the~eof fw othcr purpoad, without thereb/ waivii~g w Wnp+i~- . ~ng any equity, (ien w?i9ht ueder or by vihue of this morsy~r, ~nd in tM ~vent said MORTGAGORS shall fo? any ~easo~ iail ro keep the said p~em~ses so ~nsured. w fail ro detiver promptly a~y of said policies oi inswance to sacd MORiGAGEE, a fail promptly to paY fully ~ny premium the~efor p in ~ny : . res~ect fail b perform, dischar9e, execute. ~ff~ct, tomplets, comply wi~h and abide by this cwe++anf, or any ps?t Fw~wf, ssid MORTGAGEE may p~ace +nd pay fa such insurance o~ a~y put thereof without w~ivinp w sffsctirg any optioi? li~n, ~q~ity, w ripht undN o~ by virtw of this Mat9a~, +nd tht full amount oi each and tvery such payment sMll be immediately dw ~nd payabls ~nd ihall besr iereres~ hom th~ date thereof unril paid st ths wb ol nin! per centvm per annum ar.d ~ogether with ~uch i~terest sha~l be ~n+red by tM lien of this mortyage. 1. To permit, tornnut or wf(er no waste, imp~irmsnt w deterioration of isid property or any part thereof. 5. To pay all ar+d sinyul~r ~M cosb, charyes ~nd expenses, includinp a rcasa++ble a»orney's fe~ snd costs of ~bstiacts of t~tls, incvned w paid at ~ any time by said MORTGAGEE, batavse or in 1M want of the failw~ on the p+~t of ti+~ iaid MORTGAGaR to duly, promptly ~r+d fv11y psrform, dixhuqR eXecu~e, effect, complete, comply with and ab:de by each and every the stipulations, apreemcnn, cond'uions, and covenants of said promissory ~wt~ and th~i morrga~e ~ny w eithet, snd sa~d costs. ch+rges and expenses, each and every, shall be immed~ately due and payabk: whelher o~ not thcre be r.otite d~ mand, attempt to tollett w suit pendingt and the fvll amount of esch e~d every s~rth paymeN shalt bear interesl from the date thereof until p~id at the rare of nine per centum pe? arowm: and ~II said cosri, charges and expenses inturred a psid. togethar with wch interett. sMll b~ stc~~~d b~r ths lien of tha ~ mortyspe. ~ ! 6. TMt (a) in the event of any brexh of this Mortgsyt or default on the part of the MORTGAGOR, a(b) in the event aey of sa7d swns of money herein referred ro be nof prompHy and fully paid within thirty (30) days next after the same uverally become due and p~yable, without dem+nd or r+otiCe. or {c) in the event esch and eve~y the stipvlatioos, agreements, cond7tions and mven~nn ot said promiuwy. note and this mortga~~ any or e7t~ are no1 i~iy. promptly and fully pe~famed, d~stharged, exetutsd, effetted, tompletad. complied with •nd sbided ~iy. then in eithet or ~ny suth ~wnt tiw~ said a¢ grecate wm mentior?ed in said promissory note then remaininp unpaid, with iNerest accrued, and all moneys fetured hereby, ahall becane dw and p+y- ~ able forthwith, w thereafrer, at the oprion of said MORTGAGEE, as futly and complerely as if all of the said sums Of money were wgin~lly :tipul~ted ; to be pa~d on soch day, anything in sa;d promissory ~ote a in this Mortgage to the contrary notwithstanding; and thereu~wn or thereafter ~t the op~~o~ of se~d MORTGAGEE, withovt norice o~ demand, wit at law w in equity~ 1IIHl~WQ Of 1FIQfN~tN ~Uf1. may be prosecuted.u if sll moneyt sen?red hereby ~ had matured pno~ to its institution. , 7. That in the event that ~t the beginning of or st s~y time pendirg any suif upon this Matgage, o? to fweclos~ it, or ro reform it, or to enfwa payment of any claims hereunde~, s~id lNORTGAGEE shall apply to the Court having jurisdiction lhereof fot the appointment of ~ Reteiver, such Cour1 sMll iorihwith appoiM a receiver of said mwtgaged propezty aIl and sing~lsr, includ~ng all and singv~ar ths ~ncome, prolits, iuues s~+d revenves from whateve~ sou:ce derived, each and every of wh~ch, it being expressly understood, is hereby mortgaged as if tpecifically set fath and described in the yrantirg snd hnbendum dauses hereof, and svch Receiver shall h~ve all the brwd ~nd effective funchons and powers in an~?wisep~ V, ed by ~ Court fo a Reteive~, and s~ch appointment ahall be made by such Cou?t as +n admitted eqvity ~and a matta of abwlute righl ro said -MORTCj/1G~, ind witl+out nference ro the adequacy or irwdequacy of the value of the property mortgaged or to the sohrency or insolvency of said NIORTGAGOR w the' tlsfendants, and thst such ren~~, profits, income, iuues and revenues shall be applied by sud~ Receiva according to the lien or equity of aid MORTGAGEE end the practica of such Court. ' i 8. To duSy, promptly and fully perform, discharge, execute, effect, complete, comply with and abids by each +nd every 1Fw stipulatian, agreanenn, :ond~tior?s u+d covenants in said promissory note and this mortgage tet fath. . 9. Tha1 in the event the ownership of the mo?tgsyed premises, or any part thereof, becanes vested iA a person othe? thsn the MORTGAGOR, th~ h'ORTGAGEE, iri successon and sugns, may, without notice to t1~e MORTGAOR, deal with such successor o~ svccessw in interest with refer~nce to this rr.ortgage and the debt hereby secured in the same manner as with Nbrtgaga without in any way vitiatiny or dischargirg the Mortyagort' lisbility hera under or upon the debt hereby secured. No wle of the premises hereby mortgsged and oo fabearante on the paA of the MORTGAGEE or iri succsssws or assigns and~no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its wctessors or auigns, sh~ll efper~te ro release, discFurge, modify thange o~ affect the original Iiab~Gry of the MORTGAGOR herein, tither in whole or in psrt. 10. It is specificalty agreed that time is of the essente of this tontratt and that no waive~ of any obl'gation Ixreutxkr a of tha obligatwn te- cured hereby ahs11 at any time thrreafter be held to be e waiver of the terms hereof or of tl+e inauum~nt secwed ha~by. , I1. In add~tio~ ro the forego'ng rtw~thly paymenls of princ:pal and interest required by the promissory note secvred hereby, mortgagor tovenanfs and agrees to pay to mortgagee with each monthly payrnent an addi~ionsl sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: . A-All real property taxes levied or assessed against the above descri5ed real estate. B-Premiums on fire and windstorm insurar.ce as herein requ~red to be carried on the improvemeets situate on the above desvibed premises. C-Premiums on such mwtgage guaranty insurar~ce as mongagee shall f?om rime to time deem fA to carry on fhe (oan secured hereby. Mortgagee shail from time to time notify mortgagor in writing of tFK amovN due and payabte hereunder and such wm shall thereupon be due and ~ayab~e oo the due date of the next monthly payment and each succ~sive month thereafter until mortgagee shall ~otify mortgagor of a cF~snge i~ such ; amo~nt. Such sums shall be applied by mortgagee toward the payme~f of rea) property taxes, insurance p?em~ums, and mortgage gvarsnfy inwrance E premiumt. ~ IN WITNESS WHEREOF, the said RTGAGOR hss hereumo set his hand and seal the day and y r fint aforesaid. ~ Si ned, Se and delive? e prese t of: ~ 4 _ ~ ~ ~ ~ i . n - ; ~n ; - ~ ~ _ ; STA7E OF~ ALABAMA ~ i ~ ss. ~ couNr~r oF M~RTT.F: v ~ defore me person+lly appearcd Robert A Ngl 7 ~ Ruth M_ Hal 1 his wife, to me well known and known to me to bs ~ fhe individwb desc.ibed in and who executed the forepoirg instrurt~ent, ~nd ackrwwledped before me that tMy executed the same iw ths p~rrposes therein txpressed And tFa said $1lt}1 M~ FIAI 1 w~fe of tF~ ~~a ~ Robert A H~l - upon a iep+rate ~nd p~ivat~ <_xamir.atwn by me taken separste aod apan from her s+id husband, acknowledged to ~nd befwe me that she executed said instrvment freely and volvrr rarJy. ,u~' tFwut anr compulsion, corutrai~t, apprehe io~ ot fear of ~ from her ~sid husband. ~7 ` WI~'~ ~nd ofP~cis{ seal this day of A 8 t ' A. D. 19~L- ~ .i~ ' `T • . ~ ~ ~ " , .J ~ ~ ' Notary Public in and fot the ll~SIR9f • ~ • ` My Commission e:p'ves: ~ ~ _ ~ • • (te7orp Ta ~ \ Fin1 FedeNl. S/vieys 3 losn Aswcia o ANO RECOaoEO ~ ~ i ~L - t»~rat P,~.«. ~UCIE COUNTY. ~ , ...:..c~t vK~ca Florida ST•RECORD VERIFIED • ' ~ ` ~ 1591G~ ~ +~Z p ~ I S I~N . 9~ Z~ ~t~~ f:QGER POITR~S ~ CLERK CIRCUIT COURt ; i s~~167 0~2168 ~ j ~ ~ ~ ~ T - - ~ _ _ - ~ . ~ r ~ _ _