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Home My WebLink About1158 , 3. To plac~ +nd conti~~ousiy kssp on the buildingi now or M~e+~ter situ~t~ on s~id I~nd and on al~ equipment and penonally tov~r~d by this narlg p~, wlth all premiurra thereon pa~d in full, fire in3u~~nc~ in the uiual irandard policy form, ~n•• i~m approved by the MORTGAGfE, and wind~torm insu~anc~ i~? tM uiual a~andard pol~cy fam, in ~ sum approved by fhe MORTGAGEE, in avch comp+ny or comNnles , as ~he MORTGAGEE m~y duec~i snd all fir~ and w~~d~~orm ini~ra~+ce poliue~ on any of iaid build~nps, ~ny interat therbin or part thereof, in IM ~y~re9~t~ ~um aforttaid w In ~xua therwf, ~hall contain the ui~sl sundard matgsga~ clause w tuch o~ha claus~ ai the Mor:ya~es m~y requ~r~, makinp th~ loss ~nder said pol} c'a~, c+ch ~nd way, payable ro s~id MORTGAGEE as its interest may ~pptar, and each and ~very urch poliq shall be promptlY +u:yned and deliv~red to ~ny held by said MORTGAGEE as (urther iecvrity to ~sid mortya~e debt, and, not leu tMn ten (l0) days in ~dvance of ~M ~xpir~tion of sach pol~cy, to dr IivN lo taid MORTGAGEE • renewsl thereof, topethe~ with a receipt iw the premium of s~th renew+lj and then i1ut1 b~ ~o f'ut or winds?orm int~ranc~ _ pl~pd on ~ny of said build~ngs, +ny interest therein w pa?~ thereof, unleu In tM fam'~nd wi~h tM loss p+yabt~ ~i ~fa~iaidt +~+d tn the ~vent any sum af money become~ payable v~der tuch policy o~ policies iaid MORTGAGEE ihall h~w tM option to recaive and apply tM s+m~ o+~ accou~l o~ tht ir?dsbted- n~ss iecvred hereby or to permit said MORTGAGORS to receive and uie it a any part ~hereof iw othcr purposes, without ~hereb~ waiving w~mpai.- inp u+y p~~ry, liee~ w riyht under a by virtw of thii matpage; a~d in the event ~aid MORTGAGORS shall for any reason fai) fo keep the said pr~miies so iraured, a fail to deliver promptly any of said policies of insvrsnte to said MORTGAGEE, or fai! promptly to psy fully sny premium the~efw a io any r~sped (ail lo perfam, dischuge, exec~te, effect, complete, comply with ~nd +bids by this cove~w~t, a+~Y part hereof, ssid MORTGAGEE may pl~ce ~n~ p~y (w such ir?furance or any pan thereof without waNing a affectinp any opYwn lien, puity, w righ~ u~der a by virtw of this Mutyyt. +nd 1he full smoun~ of e+ch snd every s~ch payment sh~ll be immediately due and paysble ~nd sF+all be+r interes~ from the dat~ tlureof until pa~d ~ th~ rat~ of nin~ per tentue? pc+ annum and together witfi sutA interest sMll be securcd by the lien of this mortg~ge. 4. To permit, commit or sufier no wsste, impairment a deteriwation of said property or ~ny part thereof. S. To pay all and singular the.costs, charges snd expenses, includinp a ~c~sonable at'o~ney's fee and costs of abstrads of title, incuned or paid at •ny time by iaid MORTGAGfE, because a in the event of the failure on the part of the said MORTGAGOR to duly, Fromptly and fully perfwm, d~xharge, execute, effecl, complete, comply with and ab~de by each and every the stipulations, ~g~eemenri, conditions, and covenants of said p~omiuory note and ihis mwtgags any or eitF?er, and sa~d cosn, charges and expernes, cach and every, shall be immediatefy due and p+yabte; whether a not there be notKe ds mand, ~ttempt to collect w suit pend~ng; ~nd tM full amount of each and every suth paymeM shall bear interest from the dats thereof until p~id at the rate of nine per centum per arnium; and all said c6sts, charges and expenses incurred or paid, togefher with such intcrest, thall be satured by the lien of tha mort9+y~• 6. That (s) in the ever?t of sny breach oi this Mortgage or defsult o~ the part of the MORTGAGOR, or (b) in the event ~ny of sa~d sums of money herein referred to be not promptly and fully paid wilhin thirty (30) days r?ext afta the same uveratly become d~?e and pay~We, without demand w notice. or (c) in the event each and every the stipulatio~s, sgrcements, cond~tions and tovenants of sa~d promiuory note and th~s mortgage any w either ~re no1 ~vly, promptly and iu11y pe~formed, d~xhuged, executed, effected, complered, complied with and ab~ded by, then in e~ther or any such ewnt the said a~ presat~ sum mentioned in said promissory note then remaining unpaid. with interest accrued. and a11 moneys xturtd hereby, shall betome due and pay- ~ble fathwith, a thereaftc?, at the option o1 said MORTGAGEE, as fully and comp~ete~y as if alt of the said sMms of money wcre originally stipulatcd to be paid on s~ch day, anything in sa7d promissory note or in this Mortgage to the conna?y notwithatanding; and thereupon w thereafte~ at the opt:on of said MORTGAGEE, without notice w dema~d, suit at law o? in eq~ity, tlxreFwe or thereaher begun, may be prosecuted u if ~II moneys secured hc+eby had m~tured prwr to its inst~tu~wn. 7. That in the event that ar the beginning of w at any time pcnding aoy w7t upon this Mortgsge, or to foreclose it, w to refwm it, or to enforc~ payme~t of ~ny claims I+ereunder, said MORTGAGEE sh~ll apply to the Gourt having jurisdrction thereof fw :he appaotment of a Receiver, such Court shall fortFiwith ~FpoiM a receivcr of said mortgsged property all snd singular, includ~ng all and singuta? the income, pro(its, issves and revenues from whatever source derived, each and evcry of which, it being expressly unders~ood, is hereby mortgaged as if specifically set forth ~nd dexribed in the gr~nting and Mbendum ctauses hereof, and such Qeceive? shall have all the broad and effective funct~ons and powers in anywise entrvsted by s Cov.t ro ~ Receiver, and ~uch appointment shall be made by such Court as sn admitted equity and a matter of absolute right to said MORTGAGEE, and without reference ro the adeqvacy w in+dequacy of the value of the p?operry mortgaged or to the soivency o~ insolvency of said MORTGAGOR a the defendann, and that such rents, profits, intome, issues and revenues shall be applied by suth Receiver accordiny to the licn or equiry of said MORIGAGEE and the pnttice of sucA Cou~t. 8. To duFy, promptly and fully perfo?m, dischsrge, execute, eifect, complete, comply w;th and abide by each and every the stipulations, agreemenb, conditions and covenants ~n said promissory note and this mortgsge sN forth. 9. T~at in the event the owocrship of the mortgaged premises, w any paN thereof, becomes vested in s person other th~n the MORTrsAGOR, the MORTGAGEE, its successas and ass~gns, may, w~~hout no~~ce to the MORTGAOR, deal with such, successw a successor in interesl with reference to thia matgage and the debt hereby secu~ed in the same manner as with Mortgaga without in a~y way vitiating w discharging the Mortgagws' li+bility he?a- ~nd~r w ~po.~ the debt hereby secured. No sale of the Fremius hereby mortgaged and no fwbearo~ce on the part of Ihe MORiGAGEE or iri successors w auigns and no extension of the time for the paymcnt af the debt hereby secured given by the MORTGAGEE or its iuccessws or ass;gns, shall operats ro retease, dixharge, modify ch~nge or affect the wiginal liab~l~ty of the MORTGAGOR herein, either in whole w in part. 10. It is specifically agreed thst time is of the esxnce of this co~tract and that ~o wsiver of any obligation here~nder or of the obligstion st cured hereby shall at any time thereafter be held to be a waiver of the terms hereof oi of the instrument secured herby. I1. In add~tion to fhe iwego:ng mcnthly payments of princ'pD~ artd interest required by the prom7ssory note secured hereby, mortgagor covenants and sgrees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied w assessed against thc above described real estate. B-Prcmiums on fire and windsro~m insurance as herein requ~red to be carried on the improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the loart secured hereby. Mwtgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such surn shall thereupon be due and payable on the due date of the next monthly payment and each successive month thereafter urtit mortgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mwtgagee toward the payment of real propeAy taxes, insurance prem:ums, and mortgage guaranty insurance prcmiums. ppp IN WITNESS' WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year, first aforesaid, ~ _ Siyned. Se~led s de' in the esence of: /,~~G-/~L s~-'~ ~ `l.Gs ~ ~ 1 c'[ , s~ cs~.n t5e.~ ~aq STATE OF F4ARIBA 01'i/ ~ ~ SS. COUNTY OF C N Y/~/t~ C/¢ befwe me personally sppeared Sami~~l Ri ~hs~rr~ l i n_ko ,nd ~f1To Ann ~ineko his wife, to me wel! known and known to me to be the individwls desuibed in and who executed the foregoing instrument, and acknowledged before me that they e:ecuted the same fw the p~rposes rr~?~~~ ex~.~d. a,a r~ ~~d Mar~ Ann Klincko wife ot the said ~amuel R.i e2Lr~ Kl i n~ko upon a sepa.ate and priv~t~ exami~ation by me taken sepsrate and apart from her said husband, scknowledged to and before me that she executed said instrument freely snd volun- tarily snd without any compuls'an, constraint, apprehension, w fear of or from her said husband. • WITNESS my hand and offic+al seal thi: 07 ~ day of nuar A. D. 19 68 Notary ubl7c i and for the State of florida at Lsrge My C m" ' expirp: Return To: Fint Feder~l Ssv~ngs ~ loan Association ' ~ JONN E. SZUCH, N~tary Pub!te or Fa.r Pierce. F~LED AND RECOR~~For Cuyahoga County, O:~,o ~.t Pierce, Florida gT, lUC1E COUNTY, }lPmmissionexpires.luly20,1970 - . ~•G {~nrr~~ ~?~!Ep 1s41~ . - ~ '68 FEB 6 AM 10: 59 ~ . : - _ • ~}~_a.; ..n.,~ n.rn•.rpjj ~~J . ~ " ~ . - {I~IS ~1.~1'...~ . -.1. ~ ) . ~ ' _ _ F~:~t fr~ - ~ . ° '~~~a~ ~_sn. . _ . a~ ~ of, i v; i P:~~C2 '~OtTR~S - f;0~~r+~ Ey n~ ~h~ta;„______~ CL~RK CIRCUIT COURT .._.--r--- ~ B~K 17O PACE1154 g ~ , ~ _ _ ; ~ - ~ ~ ~ r ~ x