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HomeMy WebLinkAbout2147 ~ ~ i~ . , , t'~ 3. To plau ~nd continuously k~ep on th~ buildinps now w hena~ft~? ~t~`on ia~l~nd ind on all equipms~t ~nd pason+lly covued by tN~ matp~ a~, wi~h all pr~miw~u fFw~wn p~id in tuli, firo lnsursna in ~h~ wwl «andard policy form, in • wm ~pproved by tM MORTGAGEE, and wind~~am inwr~np 1~ tM uswl ~t~ndard policy }wm, in a sum ~pproved by iM MORTGAGEE, i~ wch company or compani~s a tM NIORTGAGEE m+y diractr u~d dl fin u~d windsrorm Guvwr+a policits on any of uid buildinp~. any inta~it th~rain w puf therwf. io tM ap~reyaq awn afa~s~id w in exua thereof, sMll contaio th~ uwal at~ndud mortya~N cla~~ w such othu claus~ a tM Monp~ may rpvin. mskinp ths bu vnda aid pd} cies, ~ach aod ~wry, paYsbb to s~id MORTGACsEE as iri interqt may ~ppsar, u~d each and ~wry tud? policy thall be p?omptly ~u:~~ed ~nd dellvered to any held by s+id MORTGAGEE q funhe~ secvrify to said mortpa~ debt, ~nd, not Iqs than tM (10) dari in ~dv+oc~ of th~ ~xpintion of exh poliq, to dr liver to aid MORTGAGEE • renew~l tharwt, ~o~ed»~ with a recNpt for tM pnmiwn of such renewalj u~d then sMll be no fir~ or winditam inwwnc~ plaad on aey of ~id buitdinp~, w?y tnterat tMr~in a put ti+er~of, v~lea in tM form ~nd with IM loa p+yabM u+fon~sids +~+d tn tM ~vent ~ny svm of mon~y baan~s p+yable und~r wch policy a policiN s+id MORTGAGEE shall Mw tM option to receiv~ u~d ~ppiy tM s+m~ on ~ccount of tM indabted- ness t~cvred htreby w lo permif uid iIAORTGAGORS fo ?tuiv~ ~nd ~ it w~ny put iFareof for othx purposes, without the+eb/ waiviny a impair• Inp any p~ity, lien o~ r'~pht vrde~ o~ by virtw of this morty~qes +~+d in ths ~vent ~aid MORTGAGORS ~MII for any ~esson f~il to ke~p tM said p~mises w ina~red, w fai) to tkliver promptly any of said policie~ of insvnnc~ to said MORTGAGEE, or fail promptly to p~y fully any premium therefp w in a~y - respec! fail M perform, discharpo, execute, ~ff~ct, compkt~, comply with snd abids by this covenant, or ~ny paA hereof, s~id MORTGAGEE may pl~ce ~nd pay for wch insuranc~ or any psrt thsrwf without waiviny w affectinp ~ny option, lien, equ~ty, w ri~ht under w by virtw of thii Mort~ap~, and tM full amo~nt of each and every wd~ paymeM shalt be irnmediately dw snd payabk ~nd ~hall besr intaett from the dat~ thaeof until paid ~t tM r~t~ ol ~ nine pe~ centum p~r annum and toyether with such interest shall be ucurad by tM lit~ of this mwtpaps. 1. To psrmit, ooawnit or wffK no wute. Gnp~irment a deMioration of ssid property or ~ny pirt tF?ereof. S. To p~y all and singular tke costs, charpes +nd expensss, including a nasonsble attorney's fe~ snd oosb of sbatrocts of title, incvrced o~ paid at any t~ms by said MORTCsAGEE, becawe o? in the event of tM failwe on ths part of tM said MORTGAGOR ro duly, promptly and tully perfwm, diicharpe~ execute, effatt, oomplete, comply with end ~b~de by exh ~nd wery the ~tipulatans, ~reement:, conditions, ~nd oovenanb of said promissory nota and thb mortysye any or dther. snd ssid cosn, chupes snd ~xpa~ses, each ~nd ev~ry. tMll b~ immediately dw and payabk: whether or not tFwe b~ notice de ma~d, ~ttempt to collsct a wit p~ndiny; and the full amount of ~ach and ~wry such paYment ~hall bear imer~st f~om ths date thereof until paid ~t tlk rate of nine pet centum per annum; and all said tosts, charges and expe~ses incwred or p~id. toQ~ther with s~ch intK~st, ~hall b~ s~cured by ttw lien of thit mort9~pe. 6. ih~t (a) i~ the event of any b~each of this Mortp~ys or default on /M put of tM MORTGAGOR, w(b) in tM went ~ny of said wms of morwy hrrein referred to b~ not pranptly and fully paid within thirry (30) days next after the same severally become due and {»yaWs. without demand o? notite, or in tM eveet ead~ and every tM stipulations, a9r~emenb, conditions and cove~ants of satd promiuwy ~?ote and th~s mortyage sny or either an no1 ' iuly, promppY and fvlly performed, dtscharyed, executed, effected, compkted, complied v.ith and abided by, then in eithe? a ~ny wch event the said ~ gregate wm mentaned ln ssid promissory note then remainin~ unpaid, with interest aarued, and all mo~tys secvred hereby, shall bew~a dw and p~y~ abte forthwith, a thereafte?, at the optio~ of said MORTCaAGEE, as f~lly and completely u if all of the s~id sums of money vrere «p~naly st~pulated to be paid on wd? day, ~nything in said promissory nots w in this Mwtgape to ths contrsry notwithstanding; and thereupon or thereaher at the option of said MORTGAGEE, withovt notice or demand, wit at lew or in equity, thcrefors or thereafter beyw+, may be prosecuted as if ali morwys sacvred hereby had marured prior ro in iroriwtion. 7. That in the event that at the beginriu~g of w st any time pending any wit ~poo this Mwtgape, or ro fwecbse it, w fo reform it, or ro enfwce paymeni of any claims hereunder, said MORTGAGEE shsll apply to the Court having jurisdictan thereof fw the appointment of a Receiver, such Court shsll ; forthwith anpoint a receiver of said mwtgaged property all snd singular, includ~rg all and singular the income, profits, iuues and revenves from whatsver ; source derived, each and every oi which, it being expreuly undentood, is hereby mortgaged as if specifically sel forth and described in tha ~rantinp and ' habendum dauses hcreof, and such Receiver shall have aU the brosd and effective functions and powen in anywise entruited by a Covrt to a Receiver, and such appointment shall be made by wch Covrt as an admitted equity a~d a matter of absolute rigM ro ssid MORTGAGEE, and without reference fo tF» adequscy a inadeq~acy of the value of the praperty mortgsged or to the solvency o~ insolvency of said MORTGAGOR a the defendants, and thst :uch i rents, profin, income, iu~es and revenuea s1Wll b~ applied by such Reoeiver according to the 1'~en w equiy•d said,lNORTGAGEE snd the practice of wch Cowt. ~ • 8. To duly, promptly and fully perfonn, discFmrpe, execute, effect, oompkte, comply with and sbide by each and every the Aiputations, s~reemen», conditions u~d covenaMS in said promiuwy nWe and th's mortyage set forth. - 9. That in the event the ownership of the mortysQed promaes, a any part thereof, becanes vested in a penon other than ths MORTGAGOR, ths MORTGAGEE, ib wccessws and assigns, rnay, withoW notice to the MORTGAOR, deal with such successor w successor in interest with raferenoe to this mwtgsye and the debt'hereby secured h the sune rrNnner ss with Mortgagor without in any way vitiatiny w distharging the Mortgagon' li~bility -her~• under w upon the debt he.eby secured. No sak of tlw premises Ixreby mortgaged and no forbesrence on tF+e pah of the MORTGAGEE w in wccesson or suig~s snd no exteruion of the time fa the payment of the debt hsreby secured given by the MORTGAGEE w ih successas or assig% sh+ll operate ro rekase, discharye, modify~ change a affecl the original Itability of the NYORiGAGOR herein, eitF+er in whole a in part. 10. It is specifically agreed that time is of the euerxe of this contrscf a~d that no waiver of any obligation hereunder or of tM obliyation se- curec! hereby ahall at any time there~fier be held to be a wsiver of the terms hereof w of the instrument sec~red herby. 11. In .:ddition to the foregoing monthly paymeMS of print pal and i~terest required by the promissory note setured hereby, mortgagor covenants and ag?ees to ~sy to mortgagee with each monthiy payment an additanal wm estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: _ A-All real property taxes levied a assessed against the above described real estate. B-Premiums on fire and windstam insvrante as herein reqvired to be carried on the improvements situate on the above described prerti~ses. C-Premiwm on such mortgage g~uany insurance as mortgsgee shall from time to time deem fit to urry on the ban 'secured hereby. Mwtgagee shall from time to time notify rtwrtgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and payable on the due date of the next ma~thly payment and each successive month thereafter until mortgagee shall ratify mortgagor of a change in wch amount. Such sums shall be applied by mortgagee towsrd the payment of real property taxes,, insurance premiurtu, and mortgage gua?anty imurance j premiums. • i WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year fint aforesaid. ~ Sea and ed in the presence of: ~ ~ --T ~ ' ~ . E ~ n ~n • ~o TE OF FLORIDA ~ . St. Lucie ~ couNrr oF ~fae ~ ~~,i~y Lauris Hamilton Agnes L• Hamilton his wife, to me well known and known to me to b~ the iixl'nidwls desvibed in and who executed the foregoiny instrumen?, and ~dcnowledyed before me that they exan?ted the same for the purposes r?m?ein exprcssed. a+a th..+i~ Agnes L. Hamilton - w~fe of rhs sa~d Lauris Hamilton ~o~, , sep~rate and prrv~b ~ examinaYan by me taken sep~rate ~nd apsrt from ~ husband, ackrawledged ro ~nd before me that she exea+ted said inurument freely ~nd vdv~t tarily and withovt any oompuls'wn, constnint, appre or fear of or from hsr ssid husbsod. WITNESS my Mnd and official ~eal tl+'~ ~ day of Ma D. 19 68 ~ - - ~ Notsry P ic in and fw the State of Fforida at I.ups ~ ~ My ission ~xpires: / 9 7' ~ ~ ~ Retum Toc ~ ~ Pirsr F.de.sl Ssvings 3 loan Associaran .`rr~ ~~•hc, State of flonda at Luq~ ~ . ~ Au7~9 ~ ~f fO~t Pierce. ,r,~~ :O:fii^2i51~1A ~CS 6. ~7I1 ' ~ Fo?f Pierce. Florida ~ 6oaaw ~r ~`~c+a 6n~Z ~J ~ - A ~ _ Uf i ~ This instrument prepa~ed hv ~ = c~- ~ _ m ~ E... ~ ~ Frst Federal ~av. L~~an K . - . ~ = - " ~ r ~ ~ i ~ ~ . '-G Q~~T~AO ~ ~ of Fort P~ e - : - _ , ` c~ ,3 ~ : c~r- ~mD + ~ 8 - • % c;.• t~ ' c~ ~ _ C'' ~ ~ ~ ~ A ~ ~ / -1~ ~ ~~C~ k A ~ ~ ~12n S ~ - _ ' ` . ~ ~ j~ p i ~ C N ~ ~ tT1 • ~ N t- ~ ~ v ~+O D 0 3'I _ - _ - - - - ~r ` ~._.~r . _