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Home My WebLink About1621 . : ~1 ~ , ~ ' ~ ' 3. To pl+c~ ~nd conti~wu~ly kNp on tM buildinps ~ow a F+Ka~fty ~itvat~ oo said i~nd ~nd on +II puip+Knt and p~ionally covK~d by this map~ p~, with ali premiu~A tMrwn pa~d in fu~b fire inturanct ~n rl+e uswl s?+.+dard polky fo.m. r+ a tum ~pprov~d by tM MORiGAGEE, and windsrorm insw~ in tA~ utwl uu~dard pol~cy forn+, in • sum +pp~oved by 1M MORTGAGEE, in wth canpany o~ canP+^~~s as t1+~ MORTGAGEE m+y dir~~ctJ and all tk~ and windstorm insuranc~ policiss on any of said briW~nps, any inter~st thertin w p~f the~~of, i~ th~ apqreg~t~ swn afa~said o} . c In ~xaa tMr~of. sMll contain tFw usual stand~rd ma~y+~ cl~vse w such o~M+ clavse ~s tM Maty+9e~ maY nVu'u~. m+?inp th~ bu undN s~id po1~ i ci~s, ~acl~ and ~very. WY+bI~ to s+id MORTGAGEE a itt intereit may ~ppN~, and each u+d evay avch polkl? iMll be panptly ~ss:9n~d ~nd d~liv~r~d ~o ~ any Mld by saW MORT:aAGEE as ivrthN security to s+id mort~+p~ debt, ~nd. ea~ t~ss ~Mn teo (10) dap in ~dvanu of th~ ~xpiration of sach policy, to da IivN W ~aid MORTGAGEE ~ renswal thsr~of, topetl~ with • rat~ipt iw tM premium of wch renswdj s~d then shall i,r .r_ fin o? winds~am inw~anct pl~ad on a+y of said bvildieps. ~ny lnrerst tM.~~n or pu~ tFw.wf, ueless in tM form'u~d with tM loss p+yabl~ u aforeiaidt and in tFr ~wnt any sum a of nwr»y bscaews p+y+ble v~der wd+ policy o? Po~icMS ~+id MORTGAGEE iMll Mw the option ro reteiw u~d applr tM sam~ on ~ccovnt o1 tM ind~bted- r nty kcvr~d Fyrtby a fo pKmit ssid MORTCaAGORS ro nteive and us~ if w any ps~t ihereof Fw othcr purposes, without thrrcb~ waivi~ig w~mpair- { ieq ~ny puity, IiM a riqht u~der or by af !!~is mortys9e: and in tM ~vent wid MORTGAGORS shsll fw ~ny rtafon fail to keep ~M iaid pr~miies w ' ins~red, or fa{I to dsliva pranptly anY of said policiq of ins~n~?u to s+id MORTGAGEE, or fail promptly fo pay fully any premivm therefo~ a in anr ~ nspM hll q pufonn, dixMrg~, txatvN, ~ff~tt, tomplet~, oomply with a~+d +bid~ by this covenant, w aey part har~of, said MORTGAGEE may plac~ +nd ' paY fo~ tuch M~wann w ~ny put tMreof without walviny w affectinp a~? option, lien, equity, w?iph~ undN a by virtw of this Mortpa~. ~nd ths i fvll ~raount of ~aci~ ~nd ~wry such p+Ymem sh+ll be ~di~tely dw and p~y+bb and ihalt beu intKat fran tM d~t~ therwf un~il paid a~ tM nt~ ol nin~ pK untum pK anrwm +nd toge~he~ wi~h sucA inrerest shall bs sscured by tM lien of tFw mwt9aya I. To p~m~it, oaronit or wffer no wut~. imps'ument w detKior:tion of ssid prope?ty oi any pa?t the+eof. S. To pay ~II and sinyular th~.costt, charpes +nd expenses, includirg s?e+sonabk ~ttaney's fee snd costs of sbstracn of title, incur?ed or psid a~ any tims by wid 1NORTGAGEE, bec+us~ w in the ~vent of the failure on the pan of tM s~id MORTGAGOR to duly, promptly and fully pafwm, dacha~g~, ~xecvt~. ~ffect. oompkte, oomplY with and ab~d~ by exh and every the stipulatans, a9reeme~ts, conditiom, and coven+nb of siid promissory not~ and this mo?tpapt any or eithsr, and said costs, cha~q~s and expentes, each and svery, sMll bt immediately due ~e~d payablr, whethe~ a not the?e b~ ~otic6 da m~nd, attempt to eoliect w wit p~nding: u~d the full amount of each sr+d wery such peYment shall bea. in~ereu from the dat~ thereof until p~id at the rate of nins per centum pe~ smwm; ~nd all said obsts, thar~es s~ expenses incvrred w p~id, topethat with s~tfi intertst, thall M sscured by ths lien of thu ~9~• b, ih~t js) in the event of sny brexh of this Mortgaye w defsult on tFr paH of the MORTGAGOR, or (b) in the svent any of sa~d sums of moaey herein referr~d lo be not promptry ~nd fully psid within thirty (30) days next afte? the same ieveratly become due and payabl~. witho~t demand or not~te. or in tl+e ~w~t each and ewry the stipulations, sg~eements. condifions and coven~nri of u~d promiuory ~wte and this mortys~ ~ny a eifhe~ +re ~01 iuly, promptly snd fvlly perfwmed, d~xhsrged, ezecuted, effected, completed, compl~ed with and ab~ded by, then in either w any iuch ew~+~ tM said +Q~ yreg~t~ sum mention~d in ssid promiuory note thtn remaining unp~id, with iroerest ~cvued, u~d all maxys secured hersby, shall become dut and p~y- •bl~ forthwith, w tMresfte~, at the option of said MORTGAGEE, as fvlly and completely as if all of the said wms of ma~ey were ai~inatly atipvlated ro b~ pa~d on such day, snything in satd prom~ssory note a in this Mwtgage ro the contrary notwithstanding; and 1F+ereupon w thereafter a1 tM op~ion of uid MORTGAGEE, without notice w demand, suil at law or in pvity, there(ore or fi~e~ee{:er begun, rtNy be prosecuted ~s if all moneys iecur~d hereby f~ad matured ptior to iri institution. 7. That ir~ tM evenf that at the beginning of a ~t sny time pending aoy wit upon this Mortgsge, w to fweclose it, o? to reform it, w fo enforc~ payment of any claims he~eunder, said MORTGAGEE shall apply to the Court having jv~isd~ctio~ thereot iw the appo~ntment of • Receiver, such Gou?t sMll forttiwith sppoint • receiver of said mortgaged property all an~ sirgula?, includmg alI and sirgu~ar the income, pro(its, iuues and reven~es irom whafsver wurp derived, e~ch and every of which. it beiny exp?essly unde~stood, is hereby mor~gaged as if specifically set forth and described ie~ the 9r~ntinp snd habe~dum davses hereof, and such Receiver shall have sll the broad and effectivt fvnct~o~s and powen in aoywise emrwted by a Court to a Race'n~r, and such appointmeni shall be made by sucA Court ~s an admitted equity aod a matter of absolute right to ssid MORTGAGEE, ~nd withoul reference ro ths •dpvacy w inadequacy of the v~Iu~ of the property matgaged w ro tF?e sotvency or insolvency of said MORTGAGOR w the defendann, and ~hat such rents, p?ofin, income, iuucs snd revenues sh+ll be applied by such Receiver accordiny to the licn w sq~ity of said MORTGACaEE and fhe practiq of such Court. . 8. To dvly, promptly snd fvlly perform, duharge, execute, effect, complete, comply with ~nd abide by ead~ ~nd ~very the stipulations, yreements, conditioro snd coveronts in sa~d promissory note snd this mortgsge set fwth. 9. That in the event ths ownership of the mortg~ged prem~ses, a any part thereof, becomes vested in ~ penon other tlun the MORTGAGOR, th~ MORTGAGEE, its succesaors and +ssigns, may. wi+hout notice to the MORTGAOR, desl with such succcuw or wccessor. in interest with reference ro this mortyaye ~nd the debt hereby secured in the ssme manner as with Mortgsgor without in ~ny way vifiatirg a dixharging ths Mwtyagors' liability h~r? under or upon the debt hereby secured. No ssle of the premises hereby mortgaged and no fwbearance on the ~part of the MORTGAGEE w iti iuccesson or usig~u ~nd no exten:~on.of the time fw the payment of the deb~ hereby secured given by the MORTGAGEE or ~i~s,µrccssson o~ assip~s, sf+all operat~ ro rNeas~, dixharpe, modify cM'nge a affect tl+e wg~nal IiabiGty of the MORTGAGOR h~rein, either in whole w in put. - 10. It is specific~lly agreed that time is of the euence of this contrxt and that no waiver of any obligsfan hereunder or of t! oblipation te- t~;red hereby shall at any time tFxreafter be held to be a waiver of the te~ms hereot or of the instrvment secured herby. 11. In add~tion to the fwego:ng monthly psyments of princ:pDl and interest required by the promissory note secured hereby, mortgsgor covenants • and agrees to pay to mortgagee with esch monthly payment an addi~ional sum es~~mated by mortgagee to be eq~al to 1/12 of the annual cost of the follow- ' • • - A-All real prope?ty taxes kvied a asussed against the above deuribed real estate. ~ B-Premiums on fire and windstwm insurance as herein requ~red to be carried on the improvements situate on N~e sbove described premius. C-Premi~ms on such mortgaye gwrsnty insurance as mortgsgee shall-from time to time deem fit to carry on the bs~ secured hereby. I Mwtgagee shall from time to time notify mortgagor in writ~ng of the amount due and payable here~nder and suth sum shall thereupon be due +nd { paysble on 1Fe due date of the neat monthiy payment and each successive month tiKreafter urtil mortgagee shall notify mortgagor of a change in suth j amouM. Such sums shall be applied by mwtgagee toward 1Fx payment of real p?operty taxes, insu~ance prem~ums, artd mortgage guaranty insunnce ! premiwns. IN WITNESS EOf, the said MORTGAGOR has hereunto set his hand and seal the day and year fint ~foresaid. ~ Sipn~d, Ss~l~ a ds ' red in th~ presenc~ of: ` r~ I ~ ~ ~ ~r ~ n ~ n-•n ~ , n--rz , ~ STATE OF FLORIDA ~ I.i~C ~e ~ COUNTY OF ~s • d~fws nr p~rsonally ~p~»ared Sid Kfl'k1aAd Jennie ~@ ~r~Cldlld hi~ wife, ro me well known and known to me to b~ rM individwb d~suibed in and who ex~cuted the faegoinp insuument, and scknowtedped before ~e that rhey e:ecuted the same iw the purposes ~ ?ti.?.~, ~xa....d. ~?~+d sa~d Jennie Mae Kirkland ~ wil~ 01 tM u~d Sid Kirkland upon s separ~t~ ~nd privsf~ e~~en~eiation by rn~ ak~n s~pa~a~e and apart from her sa:d husband, acknowledped to ~od b~for~ me that she ex~cuted said instrurr~tot freely u~d vdun- urily ~nd w~thout uyr compuisior+, constra~m, spp.eh~ns~ , a fear of w trom htr said husband. ~ WITNESS my h~nd and offid~l seai thi~ ~ac _ day of !i 1 D. 19 68 , 1 ~ c ~ Notary Pu in ~nd (or the Sute of fbrida ~t lup~ ',r~~ My C an .:a'aes: /9~ _ / 9 7 ~ ~ ~ Rllurn Ta F+.a F.d...~ s.~• a~oa~ ~..oc~.s:«+ ~ • Notary Pti,biic. State of Flaid~ at Laqe ~ ~ or Fo.+ r.«<.. , ~ ~ ~ : , . M Como~asioa E: es ~ f~, P~erce. Pb~~da ,i'' v P~ ~v- b. 19n ~a.eN h/?.~a~ iN i carY~ti G6 ~ ~ ~~JY F~ ~ ~ ~ ~ _ ~EO arvo RECOROEO~ ~ Th~s iasfrument re a~ed ~ J: L. _ . - ST h~v~~i ~ ~ 0 V~ TYi- F~A. ~ P P bl? _ o ~ ~ ~ ~ F~rst Federal Sar. b loan Assn. 166453 oi ~ c, ~;~~3`~ ~.,i~`=.:~ 's~ APR 23 ~ Br ~•5-,.,,,, AM 0. SI ; ~ ~ ?K : n.z••~' ~ . 0; „ --~-~n o~~'? - ~ r r' ~ ~ . ~ CLE.RK 0' "~„S f aeRK 171 PAf E 1619 ~'R~~~T cou~r ~ ; , r ~ , ; . Y - - - - . - - - 1~~.: _ . - - ~ -