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Home My WebLink About0626 • ~ 3. To plac~ and contint~ously ks~p ort the building~ ~ow w MraaftN ~itwte on ~aid I~nd and on ~II equipm~~t and p~r~aulFy cov~~~d by thit ~na1Q~ •p~, with ~II premiuma tAe~eon p~ld in full, (ire insurance io the ~sual uandard policy fwm. ~n a tum approv~d by th~ MORTGAGEE, a~d windstorm iniwar~c~ in tM ~nwl si~ndard polNCy form, in a ium spprov~d by the MORiGAGEE; in ~uch company w compan;~s ~s tM MORTGAGEE may dir~ctj ~nd dl f'u~ and w~ndiarm ini~rae+ce polic~es on any of seid buildi~gs, ~ny interyt thercin crr part IMr~ol, in ~M ~rep+t~ tum afor~s~id or in ~xcess ~herwf, ~lyll contain ~M wval i~~ndscd mortga9e~ claus~ a such o~her claus~ ~s tM Mortpag~s may reqv~n, makinp tht bu undN ard polF ciq, each a~d ~v~ry, payabls to said MpRTGAGEE as its intereil may ~pp~ar, and cach uid every t~ch policy sha11 be promptly au:9ned u~d Mlive?ed ro ~ny IwW by said MORTGAGEE ~s (urther security to said mort9s9~ dcbt, and, oot I~u thao ten (1~ days in ~dvance of tM ~zpir~r'wn of ~ach policy, ro dr I~va to uid MORTGAGEE a renewal thereof, toqerher wirh a rece+pt fw the p~ertyiuew-of~uth ~e+wwal; ~nd ?hen sMll b~ no fir~ or wind~tam inswu+c~ placsd on ~ny of said buildings, any interett thersin w p+rt tMreof, u~less~n tFK forni a~d wi~h ~M bu p+y~bls +s ~faesaidj ~nd in th~ ~v~nt any sum ; of mon~y becomes pay~bl~ unde~ iuch polky « polKi~s u~d MORTGAGEE ~MU h~w ~i~ op~~on a rece~w a~d apply tM samt on atcovn~ 01 tht Ind~bted~ ' neu setvred h~reby pr b permit s~id MpRTGAGORS to receive ~nd uk it w sny pa~1 thereoi for othcr purposes, without ~h:reb~ waiving or impair- inp sny p~ity, lien or igM ur?de~ a by vlrtw of this mortyaye1 ~nd in iM ~vent s~id MORTGAGORS shsU (or any reasoa f~il to keep the said premises so ~ ins~red, q faii fo deliver promptly any of said politie: of insursnts !o said MORTGAGEF, w fail promptly to p~y fully any premium tAerefw w in ~r?y ~ r~tpect f~il lo pNfotny diulurge, execvte, effect, complete, comply wi~h ~nd abid~ by fhi~ covensn~, a any part hereof, said MORTGAGEE may pl~ce ar~d ; paY fa•tuch iesvrae~c~ or ~~y paN thereof w~~hout walvin~ w affectinp ~ny option, li~n, puity. w rght under a by vi.tw of ~h;s Mortpspe, ~nd tFK i full amovnt of e~ch ~nd every such paymenl shall be immedi~tely dw and psyabl~ and shall bear interest from th~ daN tht~eof uNil paid M Ih~ raN ot nir» psr centum per annum sod together with suth i~terest sha11 be secu~ed by tM lien of this mort~~ge, ~ 1. To p~rmit, commit or svffer ra wasle. impairmeM w deterioration of said proptrty w ~ny part thereof. j S. To pay ~II and ~inpulu the.coits char~es ~nd expense:, includiny a reasw~able anorneyi fee and cost~ of abstrstts of title, incuned or paid at ~ •ny Y~me by said MORTGAGEE, becauu a in the event of tM failure on tl+~ part of the ssid MORTGAGOR to duly, promptiy •nd fvlly perform, discharge, ~ execut~, eifect, complete, comply with and abide by exh and every the itipulstions, ~yreemenn, conditions. and oovenants oi ssid promissory note and thit mortya~e aoy or eiehar, and sa~d cosrs, chargsa and experKes, each and every, ih~ll be immcdistcly dve and pay~ble; whether w not there be notice dc m~nd, ~nempt ro colled or suit pendtny; uid the full amov~t of esch and every s~ch payment ~MII bear ;nterest from the dste thereof until p~id the f ra~e of nine p~ centum per amwm; and aH said cests, charges and expenses incw~ed p paid, together with such int~rqt, shall be s~cured by th~ lien of thu ; rnortpspe. ~ 0. That (s) in the eveM of any brcach of this Mwtgage w defa~h oe the part of the 1NORTGAGOR, or (b? in the event sny of ss3d. s~ms of money ' hcrein nferred to be not promptty and fuUy p~id within thiny (30) dsys next after the same severa)!y become due and payabls, witFwut demand o? notice, i or in the ew~t each and every tF~e stipulationa, agreements, conditions snd tovenanrs of si~d promiuory ~ote and th~i mortgspe ~ny p either ~r~ nW f iuly, promptly and fully performcd, d~xharged, executed, effected, completed, compl;ed wtfh and abided by, then in e~ther or any such event the said ag : qre~,~t~ wm menrioned in said p~om;sso~y note then remaining unpaid, with iNerest acuued, and all moneys secured herebY. sMll become dw and pay- able forthw~rh, w thercafter, at the option of said MORTGAGEE, as fully and completely as ii all of the said wms of money were orginalty stiputeted to be paid on such day, anything in said promissory note or in this 1Nortgage ro the contiary notwithstanding; and t??erevpon p thereatter at the option of taid MOR?GAGEE, withoui notke w demand, suit at Isa w in equity, there~ore a tl~cresfter begun, may be prosecuted ~s if all moneys secured her~by had matwed prior to its iMtitution. 7. That in the event that at the beginning of or at any time pendirg soy wit upon this Mortgage, or to faedose It, or to ?efonn it, o~ to enforp payment of any claims he~eunder, said MORTGAGEE sl+~Il apply to the Court having ju~~sd~c~ion thereof for the appo~ntment of a Receiver, such CouA shall ForiFiwith sppoint ~ receiv~r of said mortgaged property all and singulu, intlud~ng all and singular the income, profits, iuues ~nd reven~es irom whatever rource derived, eath and every of wbich. 'rt being expressly undersrpod. is hereby mortgaged u if spctifially ~N fath aod destribed in the g.antin~ and habendum tlauses hereof, snd such Receiver shall have sl{ifie broad and ef(ective funcnons and powers in snywise eMrusted by a Court to a Reteiver, and ~ such appointrrKnt shall be made by svcA Coun as an sdmitted equiry end a matter of absolute right ro said MORTGAGEE, and witAout referente to the edequacy a inadequacy of tha valve of the properry mortgaged or fo the sorvency a inwlvency of ~id MORTGAGOR or the ckfendants, and that such renrs, profin, intome, iuues and revenues shall be app{ied by such Receiver accordin9 ro the litn or equiry of said NIORTGAGEE and thc p?ectice oF such Court. 8. To duly, promptly and futly perform, diuha~gc, execute, effect, compiete, comply with, and abide by each and every the stipvlations, agreemenfi, conditans u~d covenams in said promissory note and this mortgage set fwth. 9. That in the event the ownership of the mwtgsged premises, w any part tfKreof, bccomes vested in ~ peraon other than the MORiGAGOR, the MORTGAGEE, its iucceuwa a~d assigns, may, without notice to the MORTG~40R, dcal with auch succeuor w successor i~ interest with reference to this ~ mortgage snd the debt hcreby setured in the same manner as with Mortgagd~thout in any way vitiating or d~scha~ging the Mwtgagors' liability here. under or vpon the debt he.veby secwed. No aale of the promixs hereby mo~ga~ed and no fwbearance on the part of the MORTGAGEE or in svccesso?s ~ or sui9m and no extension of the time fw the paymeM pf tFx debt Mreby iecured given by the MORiGAGEE or iti successors or auigns, shall oper~ro 1 to retesse, diuMrge, modify ch~rge or affect the wginal Iiab~Irty of the MORTGAGOR hercin, either in whMe or in part. 3 t0. It is spec~ficaNy agreed that time is of the essence of this contracr and that no wiixer of sny obligafion hereunder or of 1F?e obliyafion se- a:red hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instiumeM secu~ed herby. 11. In additan to fhe forego:ng monthly payments of princ"pDl and inter~st required by the prpmissory note secured hereby, mortgsgor covenants and ~grees to pay to mortgagee w;th each mo~thly payment an addirional sum esr~mared by mortgagee to be equal to 1/)2 of the annuat cost of the follow- in4: A-All real property taxes levied w auessed against the above described real estate. d-Premiums o~ fire and windstorm inwrance as herein ~equ~r~d to be carried on the improvements tituate on t1~e above d,xribed premises. C-Premiums on such mortgage guaranty insurance as mortgaqee shall from time to time deem fit to ca~ry on the loan hereby. Mwtgsgee shall from time to time notify mortgagw i~ wr;t;ng of the amount due and payable hereunder ~nd suth sum s II ther pon be due and payable on the due date of the next monthly payment and each successive monfh thereafter ur,til mortgagee shall notify mprtga or of change in such amount. $uch sums shall be applied by mortgagee toward the payrnent of real property taxes, ins~rante prem:ums, snd mwtg e uaranty insurance premiums_ IN WITNESS WHEREOF, the ssid MORTGAGOR has hereunto sef his hand and seal the day~ad-ye i " 9ned, kd +nd vered in e resence of: 61a +9 -(Ses4 ' sNn . se.q 57ATE OF FLORlDA ! COUNiY Of - S t_ LLC 1 P i ~ Before me petwna(ly appeared William E. Myers end .7HC ll@liri@ B. M ers hii wife, to me we!! known and known to me to bs the incGvidvals described in and who exec~ted the fore~ang instrument, and acknowiedged before me that tF~ey executed the same for the purposes r~~~m ex~.~s,~d. n„a rt,e Jacqueline B. Myers wife ot rh, ,~;a Wi 11 i am E. Myer s - vpon a separate and priwh exsminatio~ by me taken separate and apart from her said husband, scknowledged to and before me tiwt ahe e:ecuted said instrument freety and volur~ iarilr ar~d without avr compulsion, constraint, spprehension or fear of a frc•~ her said husband. WITNE55 my hand end officia~ seal ~~rs .~Z.O Januar ~ dsy of y A D. 19 6 8 ~ r+., ~F Notary Public in and for the State,oi Fbrid~~atlKpp~ ~ ' My Commiuion expires: iC Return To: ~ ~ Firsf fedewl Savings 3 loan Assouat~on . . . n:~ ~ ! ~ Of fort P~erce. FjLEp A . s,qpY ?U@UC. STA(E UF=ft~AjDA~ L.~?i~~~- : Fo?t Pierca, Florida ND RECORDEp i COMMISSION EXPIR~S~C~. ~ w, ~ t, - sr, iuc~e covr~rY, F~,q~ °~„OED TMROUGH FREO W: D/P,j{7~?f088Y~ _ ?~F CORD V~R1F~~p ~ ; This instrument re ~f?d /O~/,~~~ . First Federa! Sav. & L~a by ot F ierce n A s'~. ' 6 8 J A N 2~ 1 ~ 1 I I: 0 2 By ~ . 163'7~p !<t''': r ' Ui"i'R!,$ ELERK GIRCUIT COURT - B40K 1 / V PAGE 62`s _ '-J ; ~ ' _ ~ ~a - q ~-'~a~ ~ ~ ~ :z . 3 ~ -Yw~u. i'~. 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