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Home My WebLink About2976 ! ~ f 3. To plac~ and continuousty keep on ~M bui!dinps now a M~tafqr ~itwt~ on s~id land tnd on dl ~quip~Mnt aed pMton+~H townd bY N~s ^w~q' ps, with ~II pt~eniums tlwreon pa~d in full, firs insurane~ in tM uwal standud potity form, M1 • wen appron~d b1t ~~Ri~ ~~~G~EE ~y tnsuraece ie tM uswl u~ndard polrcy farm, 1n + ium approwd by tM. MORTGAGEE, in wch canpanY ~~*P~N d~recq ~nd all iu~ u~d wu+dsamn iniura~ce polic~e~ on any of said bvildinp~„ anY ~^N~tsf tFw~in o~ Wrt t1+K~of, in tM pprpat~ ~wa ~faa+W or ~ In ~xass ~he~wf, ~MII cantain tM usual stand~~d matgaget ciwst w iuch oth~r cix~ ~s th~ Matyap« m~y hquW~. m+kMq P~F cies, e~ch ~nd ~vtry, payabl~ ro t+id MORTGAGEE as its interest may ~ppear, a~d s+ch +~d ~vaY u+th Po~~~Y +h+~~ ~ P~O^'Pth ~'9^~ a •ny Mid by said MORTGAGEE ~s funha~ securiry ~o said moriqsge deW. and. not kss than ten (10) days ie advu?c~ of tM ~xptraYan of Nch policy. to d~ t~ver ro s~id MORTGAGEE a renewal theroof, logethtr with a reuipt iw Ihe p«mium of suth r~ww~lj and 1Mr~ sh+il b~ no fir~ o+ winditorm inwta~q pisced on u+y of s~id b~ildirgs. ~ny interest therein or put thereof, unlesi i~ tM iwm and with tM lots payabl~ u~fa~idi and in tM ~wM ~ny su~n of nwn~y becomss pay+bl~ undK wch policY or PolicHS s+id MORTGAGEE sMll haw tM option ro rapiw ~nd apply tM s~ a? +ceov~t of th~ Md~bted~ neu secw~d hKSby w w pe+irit ssid MORiGAGORS to reoeiw and us~ N a+ny put ti+~reof fa othe~ pwposes, without tha~eby waivinp w impah- ing any equity, lien w i~pht ~nda w by virtve of this mortg~e; ~~d in tM a~~ ~+~d ~RTGAGORS shsll fa ~ny r~ason f+il to lu~p tM s+id praniNS w ~nsured. or (~il w deliva pranptly ~ny of said policies o1 i~swance to said N10RTGAGEE, a f~il proenptly fo p~y fully any pnmium tMnfor or In +^11 rospect fail w pertwm, d7uharge, execute, effect, comptero, comply with and sbide by this cown+nt, w aM? put hK~of. s+id MORTGAGEE may p~~u and pay fw stxh irouranc~ u any part thereof without w+ivine or afiatti~+p any optioq, Ikn, pvity. a ripht wdN w by ~?tr1w of this Mortp+9~. Md tht full ~mount of each and every such p+yn+ent sF?~II be immediately d~le and pay~bl~ and sh+ll b~ar inMr~st, from tM dab th~wi ~+ntil paid at iM raN of n~ne pat csetum pa ~nnum and togNher with such intereat sMlf be secv~ed by tM lien of this mortp+p~. 4. To permit, oommit or svffer no. waste, impairme~t or detaioratan of ssid property ar any p+rt tMnof. S. To pay all ~nd shgular the costs, charges and expenses, includinp • reaaon~ble attorney's fs~ ~nd tosri of ~hatM Of dtb. h~cwnd o~ p~W ~I any time by said MORTGAGEE, becavse or in the event of ths failwe on the ps?t of tM f+id JNORTGAGOR to du~1/. promPNl/ ~nd fi+~~Y P~rfa^4 d'KM~ execute, effed, compkte, comply with and ~b;de by each and every the itip~lations, ayreements, oondi~wn~..nd oow~+nn o1 uid promh~ory not~ ~nd tl+~ mo+tgape any w either, a~,d sa~d costs, cMryes and expcnses, each and every, shall M immedi~t~ly due snd p+y~bl~s wMtMr a not tMn b~ twt~a d~ mand, anempt to cdtect or suit pe~d~ng; and the full amov~t of each and every svch payment shsll bea~ innnst hoen 1M dab tM~eof u~Nl p~W at tM ra~e of nioe per centum per annum: and all uid costs. charges ard expe~ses inwrrsd o~ p~id. togsther with suth k?qnat, aAdl b~ Nu+r~d bp th~ Ibn of 1hM t mortyap~, i Q Tha1 (a) in the event of any breach of this Mortgsge w defa~It on tM part of the MORTGAGOR, w(b) in tM ~wnt ~nY of uW ~w~u of ^'o'»y herein r~farred to be nof promptly and fully paid within th~rty (30) dsys nexl sfter tlx sam~ sevt+ally b~tom.t dut and p~ysbb. wtthouf d~m~nd O? rwHt~. or (c) in ths eve~t each and every thc stipulations, agreements, conditions and covN+ann of s~~d promisswy not~ +nd tha nartp+p~ ~^Y a ~itlw~ an ^a iuly, promp~ly ~~d fully perfwmed, d~uharged, cxecured, effected, compkted, compl'~ed with u+d sbided by. tMn ie ~itMr a anY wch ~wM tlN stit) ap' gregate wm mentiooed in ssid promissory note then remaining unpaid. with iNerest ~taued, and all rnontys NttK~d. hu~bY. shd) b~OOrtN ~N and p~y~ able forthwith„ q fhltNRN, sf the opr'wn of said MORTGAGEE, ~s futly and comple~ely ~s if all of the said sunr of mary vwn aipindly Nipul~t~d ro be paid on svch day. anything in sald promissory nots or in this Mwtgage to the contr~ry notwitMtardinps ~~d ?Fwr~~~on or f1~et~~ftM at tM oPtion of said MORTGAGEE, without notice w de.Tand, suit at law or in equity, thcrefore or tl~eah~r bs9vn, m+l? b~ Pra~tvNd a lf all natwya s~wnd Mt~bY had rrHfured prior f0 ib institution. 7. That in the eveet that at the beginning of w at any time peodiog any wit ~po~ this Mortpap~, or fo ~oncloN H. or b nfo?"~ M, o? to ~^~wu ~ payrrxnf of any dsims hereunder, s~id MORTGAGEE shall apply to the Court havir+g jwisdidion thenof fo~ 1M appanlmMf of ~ RKavN• avth CouA sha~l For~hwith sppoint s receiver of saif! mortgaged property alI and sirgular, includ~ng all and singular 1M inoan~, profifs, iitwf Nd hvMwM froen wMt~wr source derived, each and tvery of whrch, it being expreuly unders~ood, is hereby mwtgaged +t if specifially set forth ~nd d~wib~d M thi Wantinp and habendum clavses hercof, u+d such Receiver shall have all the broad and effed~ve f~nctions a~d powert in anywis~ emnnt~d by ~ Cowt rp + RKtlw?• ~^d . wch appoimme~t shall be made by such Court as an admitted equiry and a maner of absolute ryht to ~sid MORTGAGEE, and witAout nferN~a fo th~ adequacy w insdequacy oi the value of the property mortgaged or to the sotvency or insolvency of s~id MORTGAGOR a/M d~fendantf, and tMt wch rents, profits, inconx, iswes and revenues shall be applied by such Receiver accwdinp to the lien or ~quity of s~id MORTGAGfE and tM pratt{a of such tovrt. ~ 8. To duly, promptly and fulty perform, d~scha?ge, cxecute, effect, compkte, comply with and ~bide by Mch and w~tY th~ stlpul~tiota„ ayr~MMnb. conditwns snd wvenants in said promissory note and this mortgage set fath. _ . ~ 9. 7Fut in the event the ownership of the mortgsged premises. a uiy part the~eof, beoomes vest~d in a perwn oth~? than N» MORTCs/?GOR. tM MORTGAGE~, its succeuon and auigns, may, withouf noiice fo the 7NORTGAOR, deal with auch sotussor w M~a~sw~ in i~ta~tf with nfe~p b this mo~tgage ~nd the debt hereby secured in the same manner as with Mortgagw witFw~t in any way vitiati~p p diftMroirg tIN Mort9apora' IIab1~~1Y M?~ under or ~pon the debt hereby secured. No sale of the premises hereby mortgaged and no iabeawna~ on the part of tM MORTGAGEE or its tuooasws or asiig~?s and no e:tension of the time for the payment_ of the debt hereby setured yiven by the MORT(;AGEE w its wtdstors Ot aN~pM. s~M~) Op~~~tt ru retease, discharge, modify change or affect the orginal )iability of the JNORTGAGOR her~in, either in wlwl~ w In put. 10. It is specificatly agreed that time is of the essence of this contract and th~t no waiwr of ~ny oblipation Mrwnd~r a? of tM oblip~fi0n N- cvrrd hereby shaU st any time thereafter be held to be a waiver of the terms hereoi or ot th~ lmtrwr~nt ~ecurN! IMtby- 11. In add~tion to the fwego:ng monthly psyments of princ'pal and interest required by ihe pran~swry note seCUt~d herebY. ^wrtp~~o? oownaMs ~ and agrees to pay to mortgagee with each monthly payment an add~~ional sum est~mated by mortgagee to be eqwl te 1/12 of the annwl tost of th~ fo~low~ ~ ' ing: A-AU real property taxes levied or assessed against the above dew~bed real estafe. ~ i B-Premiums on fire and wirtdstorm insurance as herein requ~red ro be carried on the improvem~nts sitwt~ on tM abov~ dturib~d pt~rt?tqs. ~ ! C-Premiums on such mortgage guaranty insurance as rtwrtgsgee shsl) from time to time deem fit to urry on th~ losn sKUr~d lrt~by. t Mwtgagee shall from time ro time notify rtwrtgagor in writir?g of the amount due and payable heteunder and suth wm sh~ll therwpon b~ du! ~nd payable on the due date of the next monthly payment and each sutcessive month thereafter until mortpayee sh~ll notify mortg+go~ of a d++np~ in suth amount. Such sums shall be applied by mortgagee toward the payment of real property tszes, inwrante premiums, ~nd morT~p~ yusnMy ie~sw~nte . ! premiums. EREOF, the said MORTGAGOR has hereunto set his hand and seal tM day ~nd nt af Na a~d delivered in the presence of: • . n r . + n ~ . - - n ~ ' ~ D~t~/ ~LjG1~4 - n~ • ~ STATE OF fLORIDA 1 ~ i ~ ~ COUNTY OF ~AL'M _BHACH ~ Befae me personally appeared Robe]C~t C~ MCK~1121ey aod Naomi D. MeKinneg hi, wH~, w me wel~ kno~n, .na know~, m to b. the i~dividwls desnibed in and who executed tF~e fuegoinp instrument, and acknowfedged before me that tMy s~cewted tM same for th~ purpos~s ~~e~~~~ .~.~d. a~a r~ .~~a Naomi D. McKinney w;f~ of „~d - Robert C McKi rLneY • -~on • s.w.++. +++d p.tr+a examin~Yan by me.~ta(oen ~eparate s~+d apart from he~ said husband, ~duawledged to and befw~ m~ tMt ahe execvted aid ir~trument fredy and volwr tariiy ~nd w~tF~oy,t~any. oompulsion, constrainr, apprehension, or fesr of w from her s~id Fwsband. WITNE~ ii~=~nc! a0d offici~l seal this day of A. D. 19_~_ . , ~-s . r• ~ ~ ' • . 1 ~ Notary Public in ard i tIM Suh af Florida d L~rpe ~ ' ~j~': ' ~ f ' . My Wrrrniuan s~p&q: ! ; ~ ~ _ • . • • ~ '"~T°~ FILEB AND RE68RDED M°~ RY,PSRIiC, SYpTE oi f!C4~~a j,70 GE + FQst~ide~ Sa~i+p~~ lba~ /issociat~,r. i . R~ LUCIE COU L~~ BvNUEC 5~~,;•~~n FKcD'H, OiES~ELNOR~j - ---or,Fa~~~.e~;- N't'Y. F ~ P~acellFlofir~~ f ^ t'' ('r, ~r,; = f-., (f' .`%L,'~ . ~ ~ 159~1. ~ d ~ - _ = '61 AU6 29 AM y: 4 I _-~~OO~G.~u ~ . . ~~FRK CIFiCU1T CQURT 8~x167 PAGE2974 ~i , , ~ - - - ,~b ~ - - - _ _ _ _ - - - ' r,~-:~-~ ~ _ ~