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HomeMy WebLinkAbout0601 I 3. To pl~a and continuously kt~p on th~ bu;ldinps now o~ MfNffN ~ihNif Ofl MKI ~if1d MfI Of1 ~I) RQVipm~nt aed p~rwn~lly ~~d by lhis nwrp. ap~. with all p?ao1w~A tl+t~wn p+id i~+ full, fi?~ iniuru~a in th~ inwl ~tand+rd policy tany ~n a sum approwd by tM MORTGACsEE, and w~ndttorm ; trnwana in th~ vtwl p~nd~rd polky fonn, tn a wm approwd by rh~ MORTGAGEE, in wch company w canp+n:w a tl+t MORTGAQEE may ' d'e~~a~ and ~II fin and w~wrm kau~ana polici~s on ~ey of s+id b~iWinps,, ~ny int~st ther~in or put th~rwf, in th~ ~pprpsb wm aforaaW a ~ In aea~s 11w+wf, sh+ll oontain tM wwl sundud ena~9+p~ daw~ a sueh otl~ d+u~ as ths ;.larp+pN m+Y ?~9~+in, mak~ th~ loss unebr aid Pol~ + ci~s, ~ad~ snd swry> p~Yabk b uid MORTGAGEE u in inlt~est maY appw. a~d tach and wKy tech policy ~1?all b~ pranptly su:~n~d and ddiwnd to i ~ny Mld by wid MORTGAGEE a funMr acu?{ty to s+W marpay~.d~bt. and. not I~ss tMn t~n (10) dari io ~dvana of tM ~xptration o/ ~ach polity. M d? ~ IivN t0 Mi~ MORT~AGEE ~ f~Mwil fMtp~, ~op~rl~ wirA a reeNpf fo? tM p~ravn? ot weA r~w~lf x~d Iht~~ ~Fwll b~ no fin a wi~tam M~w~e~a ( pl~d on ~ny of said bvfldinpa. any imKrq Ma~ia or p~n thK~oi, vnl~ss in th~ fonn'a~d with ti~ loss p~y~bl~ a~fo?~~aWj ~nd in tM ~wn~ ~ny ~wn of nwn~y beconNS p~yaW~ urdK weh poliey a polici~s ~aid MORTGAGEE sMtl 1?~w tl» option b nc++w a~d apply tl~ s~ on ~eco~nl 01 1M tnd~btee~ ~ rwsa ~cw~d FM~eby a w p~rmif ~aid MORTGAGORS ro noeiw and us~ h a+ey put rher~of (w other purpous, w;~hout tha.eb~ w~ivi++p a imp+i?- in~ ~nY puity. li~e a ripht ~ndK or py virtw of Mis nwrtp+p~t +nd in tM ~vMt s~id N?ORTGAGORS shall fa u~y rtason /~ti to k~ep th~ nid pnmi~a w insund. w fatl b ddivat promptly any of Hid policies of insw~na fo Nid MORTGJIGEE, a faii promP~Fy to paY fully any pnmiwn thK~for a in u?y ~ n+p~ct fail b pKfocn~, dischar~. ~~cv~~. ~fhct. compl~b. oomply wirh and ~bid~ by tliis cov~n+r?t, a~ny put hawf, ~aid MORTGAGEE may plaq and fu!! aenowN ~ad? ~nd wsry w~d~ payrn~Mwshall b~ ,aon~dianly dw~snd~ ~W~+• ~~b• o? ripht wdM a by vl~tw of this Nb?tpa~,, and tM j p~Yabl~ and ~hall b~a~ inte~st from tFN d~b 1Mt~of un?il p~id a~ th~ ra» of ~ n~n~ p~r centwn pN anrwm u~d toy~tha with wcA inttrpt sh~ll b~ acvnd by tM li~n of this mat~pt. i t. To pttmit, aon~rtdt or ~~ffer no wut~. 4^Wkment a deterioratia? of s+id propKty w any part tM?wf, ~ S. To p~y all ~+d a6+pular th~.costs, dwrpa and ~xpsa~~, includi~p • roasoaabl~ attomtry ~ fs~ and oos» of absnacts of title incwnd a p~id at ; any tLn~ by s+id MpRTGJ16EE, b~caus~ a in tM ~vent of tM failun on tM p+h of th~ Nid MORTGAGOR 1o dvly. p?anpty ~nd fully pKfonn, diicha~y~ i e~avt~, ~ff~ct, oompiet~, oomply with and ~bids by ~ath u~d ~very tM ~tipulaYwro, aynements„ cooditions, aod ooveeants of s~id promiuory riW~ and thlt moh~ ~ny w ~itlwr. and said cos», durqa and exp~nes, sach ~nd ~wry, sh~ll b~ GnnNdiately dw and p~y+ble= whether a not then b~ no~ici d~ m~nd, ~tt~mpt b oolkq o~ wit pendinp: and N+~ fvll ~?t of tsch u~d ~wry wch paymMt ~hall bsa. interesf from tM d~t~ tl+a~of vntil paid at tM ~ate Of 11iM P!? CMtY111 pEf NMWIIj illd ~II ~iifl Oaiti, CINf~p !Y(~tllil; inowred or paid. topNh« with auch Interat, ~II b a~curd by th~ IiN? of Mrf ~?O+D~, . - A, 7hat j~ H~ tM ewet of s~r bnxh of this Mort9~ or defwit on Nr par~ of the MORTGAGOR, or (b) in the weet ~ ~ny of s~id ~ums of mon~r herein r~fert~d to bi not pranptly and fuly p~id within thirty (30) d~ys next sfter rhe sarne severally becnrn~ de~e and piyibl~ wlthout de~nind a notic~, E or in t!w ~wr~t each N+d ~wry tlr stipulatioea, ~yreemenq. conditioe~s and covenann of s+~d promiswry rate snd tiws mortpa~ u~y or ei~her u~ no1 ~ iuly, promptly and fully perform~d, dixharped, executed, eff"scted, completad, compl'~ed with ~nd ~bided by, thte~ in eith~r a any svch ~wM tM aid q~ ~ prs~,~t~ swn m~ntior~d in said promisiory rat~ then remainirp unpafd, with inter~st acuwd, and all moneys sacured hereby. aMll bec+om~ dw and p~p ~ abl~ fpthwith, or theraaita, at the option of said MORTGAGEE, a fvlly ~nd compl~r~ly as if ~II of tlx said wim of rnoney wer~ oripi~ulty stipulated to bs paid on svch dsy, snythi~g in sa7d promcssory ~wte or in this Mortpsye to the oontrary notwitls~tandirg; snd thawpon a thert+fter ~t tM option of ~ ~aid MORTCaAGEE, without notic~ w dem~nd, wi1 at lawr or in puity, 1F1l~!(Of! Of tF~OfNNH begun, may be prosecuted u if ~11 moeeri sewrd har~by had matwad prior to iri iralit~tion. . 7. TMt in th~ went that at the beginning of w ~t any time pendinp ~oy wit upon this µwtgage, or ro fwectos. i?, a ta ?eform h, w to ~nfwo~ ~ payrner~t of a~y da;~m he~evnder, said MORTGAGEE shall apply to the Covrt havinp ju.~sdtction thereof for the appantment of ~ Receive~, such Court ih~ll fortl;wiM ~ppoint a?eceive? of said mort~aged property atl and sinpvlar, ioclud~ng ~II a~d singulsr the income, profits, iswes u~d revenvea from wh~ttver wurce tlaivsd. exh and every of which, ir beirg expreasly unders~ood, es hereby mortgagcd af if apecifiully aet forth u~d desuibed in the ~~aroinp ~nd habendwn tbuses Mreof, and such Reuiver shall haw sU tM broad and effecrive fuoa~ons and powen in ar~yrwis~ entrwted by a Court to • Receiv~r, and such ~ppointmeM shall be m~de by such Court u ~n admitted eq~ity and a m~ttar of absofute ~igAt ro ssid 1NOR~GAGfE, and wi~hout ieferenc~ ro t1» ~ edequacy a in~dequ~cy of th~ wlue of the property mortpsped er to the sonrency w i~wlvency of aaid MORTCsAGOR o~ tM defendanq, and tMt such t renrs, profits, income, issues and revenves ~11 b~ sppli~d by such Receiver ~ccordiny to ths lien or aq~iry of aid N10RTGAGEE and tha practic~ of sucA Court. 8. To auly, promptly and fully p~rform, d'acharge, execute, ~ffect, eompkte, comply with a~a) abide by each ~nd ~very th~ stipulatioas, agroemenq, conditaro and covenanq in said promisswy not~ ~nd ~his mortgs~e set fath. ' 9. That in tM went the owncrship of the mortg~p~d premises, w ~ny part thereof, b~eoma vested in • pKSO~ other ti+~n the MORtGIiGOR. th~ MORTGAGfE, Ns waeswr. and au;yr~a, may, wifhout notice to tMe MOR7GAOR, dcal with such s~ccessor or auccessor in interest with reference ro this mortgape ~nd ths debl hereby secwed in the ssme manner as with Nbrtgagw witFwW in sny way vitiatirg or d~scharpir!~ the Abrt9agors' liability hert under or u~on the debt hereby secured. No s~ls of the prem~ses hereby mwtyaged ~nd no forbearance on the pa?t of the MORIGAGEE w ib wcbesson or assigm and no exte~aioe of the time fa the payment of sKe debt hereby secvred g;ven by Ihe MORTGAGEE w its succsssors a auipns, sh~tl opuab ~o rel~ase, discly~, modify change nr affect the wiyinal IiabiGry of the AI~ORIGAGOR herein, eitFer in whole or in put. 1R h h specificslly agreed th~t time is of the cssence of thia contratl and thit ~o waiver of ~ny obligation herevnder or of the obliQation se- a,red hereby sMU ~t ~ny time thereafter be held to be a wsiver of the terms hereof or of the instrvment secured herby. 11_ In addition to the fwego:ng monthly paymenb of princ:ppl and interest required by the prorti~ssory note secvred hercby, mortgagor covenanri and ~yree~ to pay to mo?19sgee with each monthly payment an additio~al sum estimated by mortgagee to be eqw( to 1/12 of 1he annwl cost of the fallow- irtg: A-Al1 real property tsxa kvied or assessed against ttx sbove described resl ptate. 8-Premiums on fire and windstorm insurante a; herein rcqu:red ~o be urried o~ the imptov~ments sifuate on the above desuibed premites. - C-Premi~xns on wch mort9~e 9u+ranty iiqura~ce ss mortgagee shsN from time to time deem fiit to urry on ~ he loan secvred hereby. Mortyage~ ahaU hom time to tims notily enortgapor in writing of the amowu due and paYsbk hernrnder snd such wm shal) therw pon be due snd paysbb on tAs due date of tF~e next monthlY p~Yment ~nd each sucoessiw montF~ -rhereafter vntil mortg+pee tha{{ pot;fy rNOrtgsgpr of ~ cl~np~ id such amount. Svch sums shall be ~pplied by mortgayee toward the paym~nt of real property fazes. i~lsurarxe pran' mortgaye 9uaranty i r J premivrM. IN WITNESS WHEREOF, the said MORTGAGOR hss herevntp set hia lwnd and y~yl the day ~nd first aforesaid. ? SipiNd, Seal~ and divend in th~ prei~no~ of: n 4 ~--n - n--~ STATE OF FIORIDA ~ - COVNTY OP St • ~.ZiC~@ ~ . e.ro.. Pe.~nr ~....a Williaa R. I3annahower ,r~ Lucia A. QllMahOw@Z ha wi(e, to rn~ v,rotl known and Rnown to m~ te b~ r+w ir~viduab d~svibed in ~nd who ex~cuted the fw~yoinp instrwn~nt ~nd scknowted~~d befon me that tiKy ~:ewt~d tM sam~ fw tM qrrpos~s .~.,s..d, ~a tt,. Lucia A. Dannaho~w~r w~r. ~r r~,. wiiliaa R. Danaahowez .,~...r. .,,a P.„,.+. ex~min~Yan bp n~ taken ~tpWah and apart from he? ~id hutband, ackrwwl~ed to ~d befa~ eM that sM ~x~cvt~d t~id iratrvm~nt fr~ely and volw?~ tsrily and without arqr compv4ion, cp»traiM, apptel~ens;oy p fw of or from h~r said Iw~band, w~rNESS »,p hand .na offici.~ .1+:~ 'y ZL d,~, o{ uAe ' A. D. 19 68 / Notary ic a~ and for tht Stat~ of Flot' ~ larp~ R~Kwn T~ Mr wion a:pirea: /9~~ firq f~rd Swirys i loan Associ~t~w+ • • PI~ 0~ AOfl~i it aww a Fo., P~..~.. , r; t~1, c~a.i:as;o.,E~ Auo. 6. 19n fwt Pierce. Pb?ida :a ) , ' iwNr 1~ A~wa~ ~w ~ C~~Mb ~ . ~ ~r ~J~i~~ , _ . . ' • FILEO ANO RECORO~A~ ~ ~ ~ f . 4~ • ihis irtstn?ment prep8red by _ ST. LUC~E CDUNTY. F~A. " RE_CO~n v_=~~~~ED { First Fed ral Sav. & loan Assn. j.,-, • Fort Pier • ~ a ~ , ~ ~ ; . 16 8Y '68 JUN 3 . i 3 ~C•. t. ~ ~ ~ ~ ~ • ~~~~+K~u?~?~~'~ . . , `-.`L-- ~ ` iiOGf'?: F~OtTR~S ~ 60(RiK1~~ PAt;E c~~ CLERK CIRCUIT EOURT' ~ , : - ~ ~ . - . - - ;E _ ~ ~ m-'~~- s