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HomeMy WebLinkAbout2628 To pl+c~ ~nd conti~uously k~ep on tM buildingi now a Mreafte~ situ~t~ o++ said land +nd on all equipmtnt u+d personslly covtred by tAlt maf¢ y~, with ~II ptemiurrlt thcreon paid in full, fire insurance in the viual standard polity form, ~e? ~ ium spproved by the MORTGAGEE, and wind~rorm inaur~nce in tM usual standard pol~cy fam, in a sum ~pproved by tM MORTGAGEE, in tuch company w tompa^~ts ss the MORTGACsEE may diretts u~d sil ~ir~ ~nd winditorm insursnce policros on any of sa~d bui~d~nps, ~~y interest therein or psrt thsrwf, in tM p~rc9at~ tum ~fa~iaid or In ~xc~a thereof, shsll cont~i~? th~ usuat st~~dard enorlgayee clause or such other clauu ~s fM Mat9age~ may rpu~r~, makirg IM lou unde? sa~d poti~ cin, each and evKy, p+yable to said MORTGAGEE u its interes~ nnay ~ppaar, snd esch and every ~~ch poticy ihall b~ promptly ~~s:9ned and delivered ~o any held by uid MORTGAGEE as further iecuriy to ssid mwtpage debt, ~nd, ~ot leu tF~s~ ten (10) days in sdvarxe of tM expi~~tion of each polity, to da livK to aid MORTGAGEE a renew+l therwf, topetl+er with • rete~pt {w the prtmium of s~rth renewalj and ~her~ shall be no fire a windstorm insur~nc~ pl~qd on ~ny of isid buitd~ngs, ~ny interest therein a pa?t thereof, unless in tM form'snd with 1M lou psyable +s ~fwt~+id; ~nd in tM ~vent any tum of monty becomes p+y~ble under such policy or policies said MORTGAGEE sMll h~w ~M option ro receive and apply tM sam~ on +ccount o1 th~ indebted~ ntti Kcvred lNttby or ro permit said MORTGAGORS fo reteive and uss it a ~ny part thereof for othe~ pu~poses, without thereb~ waiviny or ~mpair- in~ ~ny pu;ty, lien w ri9ht u~da w by virtue of this morl9~ye; and in 1}?~ ~vent aid MORTGAGORS sAsll fw a~y resfon fail ro keap the s+id premius so ~ insured, a iail to deliver promptly any of isid policies of insunnce to said MORTGAGEE, a fail promptly to pay fulty ae+y premium therefw a in a~y respact f~il b perfam, diuharge, execute, effect, complete, comply with and abids by thit coverwnt, a any pa?t hereof, said MORTGAGEE may plsce snd pay fa tuch inwranp or s~y part therwf without waNin~ w ~ffactinp any option, IiN+, puity, w right under a by vinw of this Mortyape, and tM full amo~mt of tsth and ~very s~th payment sF?all be immediately dw and pay+bl~ and shall bear interest from ths d+t~ tFxreof until paid a1 th~ ~at~ ot n;ns per ccntum pa annum and ?o~ethcr with wch interest shall be secured by the lien of this mat9pe. t. To permit, commit or suffsr no wuts, impairmenl o~ deteraration of said property or ~ny pa?t thereof. S. To pay ~11 +nd urgvla ths <osts, charyes and expenses, includir?p a reasonsble ananey's fes and costs of ~bstncts of title, incurred a ps~d at any tims by uid MORTGAGEE, becaus? or in the event of the failure on the p+?t of the isid MORTGAGOR to dvly, promptly +nd fully pe~form, d~uharge, exec~te, effect, complere, comply with and ab+ds by esch snd every the it~pulauons, agreemenn, conditions, and oovenants of said promissory note and ~his mwtgag~ ~ny a eiiher, and sa~d cosn, charges snd expen~es, esch and every. shall be immediately due and p~yable: wixther w not there be notice do- m~nd, attecnpt to collett or iuit pending; and the full amount of tach and every s~th payeneM ihall bes. interest from the date thereof until paid af the rate of nine per centum per amium; and all said costs, chuges and expenses inturred or paid, IogetFxr w~th such interqt, s!»II b~ aecured by tiw lien of tha 4 mortQ~. e. TMt (a) in ihe event of any breach of this Mwtgage o~ default on the part of the MORTGAGOR, a(b) in the event sny of s~id swns of money herein ~eferred to be not p~omptly and f~lly paid within thirty (30) days next after the same severally beca»e due and payabls, without demand a notice, or (c) in tAe event each snd every the stiputations, sgreements. conditions and cover?~nts of sa~d promiuory note and th~s morty~ge any w eithet u~ not iuty, promptly snd fully perfamed, d~scharged, executed, effected, completed, compl~ed wi~h and ab~ded by, then in e~ther w sny iuch event tM said ag yregat~ sum mcntwned in ssid promisswy note then remaining unpaid, with interost scuued, and all moneys setured hereby, shall become dua and p~y- able forthwith, w thereafter, at the option o1 said MORTGAGEE, as fvlly ard completely as if atl of ~he sa~d wms oF money were ori~inally sNpulsted to be paid on such day, anything in sa~d promissory note or in this Mortgage to the contnry notwithstand;ng; and thereupon o? thereaftm at the option of said MORTGAGEE, without notice a demand, suit at laa or in equity, therefwe w the~eafter begun, may be proxcuted u if all ma~eys ucured hereby nad ma~ured pr~or a~n insu~u~an. 7. That in the event that at the beginnirg of w at any time pending aoy suit upon this Mortgsge, w to forecloss it, w fo refwm it, or to enfwct payment of +ny clsims hereunde~, said MORTGA6EE shall apply to the Cou?1 having jurisdidion thereoi (or the appo~ntment of a RKNVlf~ such Court shsll fortliwith sppoint a receiver of said mwtgsged properry all and singular, includm9 all and singular ~he income, profits, iuues ~nd revenues from whatever wurce derived, each ~r+d every of which, i~ being expressly understood, is hereby mort~aged u if spec~fically set fath and dexribed in tl+e yrsn~ing and habendum cbuses hereof, and such Receiver shall have all the broad and effective funct~ons and powen in anywise MffV3tlfl by i CW~1 t0 i Receiver, and •~ch ~ppointment shall be made by such Court as an admitted equity and a rrWtter of absolute right to said MORTGAGEE, and without reterence to ihe edequxy a inadeqvacy oi ths value of the properry mortgaged or to the wNency w i~wlvency' of said MORTGAGOR or the defendants, and that such rents, profiq, income, issues a~d revenues shall be applied by such Receiver accord~ny to the lien w equity of ssid MORTGAGEE and the practice of such Cou~t. 8. To du1~:, promptl and full rform, diuhar e, execute, effecL co lete, com I witl~ and sbide b each end eve the sti lations, reements, ~ Y Y P~ 9 ^'P P Y Y ?Y P~ ~9 conditiom and covenants in sa~d promissory note and th~a mortgage set forth. • 9. That in the event the ownership of the mortgaged premises, or any part thereof, ~bEmrnes vested in s person other than the MORTGAGOR, the MORTGAGEE, iri succeuws and auigns, may, without notice to tlx MORTGAOR, deal with such succeuor o~ tutcessor in interest with referer;t to this mortg~ge and the debt he+eby secured in the same manner as with Mortgagor withouf i~ any way vitiatiny or"2~ixhargiqg the Mortgagors' liability hero- under a upon the debt hereby secured. No ule of tfie premixs hereby mortgaged and no forbearance on the part of the MORTGAGEE a its successors or assgns and no extension of the time for the payment of the ckbt hereby secured given by Ihe MORTGAGEE or its successoa or assigns, shall operate : ro releue, d~uharye, modify change w affect the original liability of the MORTGAGOR Ferein, either in whole or in part. 10. It is spec~fically ag?eed that time is of the esxnce of this contnd and that no wsiver of any oblgation hereunder or of tFie obl'iyation se- a,red hereby shall at any time thereafter be held to be a waiver oi the terms hereof w of the instrumeM secured herby. 11. In add~twn to the fwego:ng monthly payments of princ pD~ and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly paymcnt an add~reonal sum estimated by mortgagee to be equal to i/12 of the annual cost of the follow- ing: A-All reaf property taxes levied or assessed against the above described real estate. ~ 8-Fremiums on tire and windstorm insurance as herein requ~red to be ca.ried on the improveme~ts situate on the aliove d-scribed premises. ~ , _ C-Premiums on svch mortgage gua-anty insurance as mortgagee shall from time to time deem fit to csrry on the loan secured hereby. Mortgagee shatl ~rom time to time notify mortgagor in writing of the amount due and payab~e hereunder and such sum shall thereupon be due and payaWe on the due date of the next monthly payment and each successive month thereafter urtii mwtgagee shall notify mortgagor of a change in such amount. Such sums ~hall be appiied by mwtgagee toward the paymen! of real property taxes, insurance prem:ums, a~id mortgage guaranty insuranct ~ premiums. ' fN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and xal the day and yea f' t atoresaid. ~ ~ 5~ ~ ~esl~d and~etl~~ tFjR'p?esenc~ ? ~ ~ c-~c 4~L- _ ,q ~ itness , 1 y we er (Sea1) 't ' ~ ^ ~ -'.',T'i e, s e ene . c welger (~'n ~ _ •n ~ F ~ STATE OFftOR10R ~~4 ~Rh ~ l > 7 ~ ss. couNTr oF . c~~?~ ~ Y P~ Sidney Schweiger ~ Befas rrM 11 • ared ~~d Helene g(• Schweiger his wife, to me well known and known to me to be ~ rhe i++dividwb descrlbed in snd who executed the fwegoin9 instrument, and scknowSedged before me that they e:ecuted the same for the purposes ~ • Helene . rherei~+ eapress~d. Md the said r ~ Schweiger ~ wH~ 01 tM s+id $ldney Schweiger upon s scpa.ate and priv~t* ~ e,c~minai~on by me b4en sep~~~te and apart irom her said hvsband, sck+wwtedged to and beFore me that she execused said instrumeM freely and volun- ~ r~rdy and withovt ~ny compulsion, constraint, •pprehena~on, or fear of w from r s id husbartd. 1 ? ~ WITNESS my Mnd ~nd off~ci~l seal lhis ~ dey of ~~y A. D. 19 6S ~ ~ t ~ ~>s!s- ~ r~s-sc.. Nota.y PubIK "•nd for the State of Florid~ ~t Larp~ ~ My Comm~s( ~xpites: R~t,,.~ To: DED' ~ ~ fint F~derd Sa~~~,ys b loan A:soc~~t,on F~LEp pND RECOR ~~A pf Forr P.~.ce (;OUl~?Y. SHIRLEY l1. PCIDE~ ST, ~~C~E Mowtr Pueuc. sc~ Fort P~erce. ilor;da , t ^ ~ • ~ ~ ~ No. 30-3 • i . ~9 `~y ~ . . This ir,strument prepared by ,68 ~ ~ 2 • y ~ F;r;t Fede~al S.~v. & Loan Assn. ~~x~. ,x?~ ~ rt:: ~6511~3 ~ of Fort Pie: ce ~ r : i ~?+:.s / ~ ~o G ~ gy ~ ~ ~ ~~~RK CIRCUIT COUR7 ~ ~ ; ~ ~ - go~ i~r~ ~sis ~ ~ Ck , ~ h~ ~`-`,.r : ~ ! _ ;~Y, . s~',; . ~ ~ ; -Y _ - ° - . .