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Home My WebLink About2932 ~ i 1 • ~ .:~jt' a?~,. To plau ae+d canti~+uously ke~p on the twildinpf now w Mreafte? ~ituate on iaid lar+d and on all equiprKnt ~nd p~rso~a{ly covaed by this matp~ ~g~. with ~II prtmivms therso~ p~id in f~14 firo insvr~nce in tM uswl s~a~dard poticy fwm, in a ium approved by the MORiGAGEE. and winditpm inwranc~ In ths uswl standa.d poGcy fwm. in s sum ~pproved by the MORTGAGEE. in wcA cdmpany a con+p+nies +s tFK MORTGACsEE may dinttt and ail fir~ ~nd winditorm i+~swana polic~es on any of ~aid build~ng~. u?y int~r~st 1F~ein o? p~n Ihereof, in tM +y~re~at~ sum ~fw~~aid ot In ~xcess theroof, shall cont~in tFw uswl ~tantisrd matqspe~ cla~s~ a iuch otM~ claus~ as tM Ma~a+~as m+y requin. m+ki~q tM toss undK uid po~F cies, eath a~d tvery. paYabl~ b said MORTGAGEE ~s ih i~terest m~y appear. u~d each and evay suth polity shall be p?omptly ssi:~ned a~+d delivarad to any heW by said MORTGAGEE ss furtha security to uid mwt~ape debt. and. oo~ ~ess th+o tcv~ (10) days in advar~ce of the expiratio~ of each pofky, ro d~ liver to said MORTGAGEE a renewal the~aof, topet!w witA + receipt fw the premium of such renewal; and there shall b~ no f~re w wir+dstam iniur~nc~ pl~ced on ~ny of said buildings, any interest tMrein or psrt thereof, unleu tn tha form and with ttK loss p+yable +s afwesaidt +~d in tM eveet ~ny win of monsy becomea p+yabb uoder such poliq or policies said MORTGAGEE shait have ~hs op~ion ro recoive and apply the sarnt on sccamt of the indebted- neu sacvr.d I~aby w ro permi~ said MQRTGAGORS ~o ~aceiw and vas if w~ny part thereof for ofher purposes, without thxeb/ waivi~ig w~mpair- ing sny equ~ry, lien a ri9ht uatkr or by virtw of this morl9apet +~+d in ths went s~ld MORTC,AGORS shali fw any ~eason fail ro keep the s+id pr~mises w insured, w fail b daliver pramptly any of said policies of insurance to said MORTGAGEE, w fail prompt{y to pay fvlly sny premium therefor w in any rospect fafl ro pcviwm, dischuye, exscu% efiect, comptete, comply with aod +bide by thFS carensnt, or a~y part hereof, said JNORTGAGEE msy plaa and paY fw suth irowanc~ or u+y p+?t thereof without w~ivinp or ~ffactinp a~ry option, li~n, eqvity, w right under or by vinut of this Mortyape, and tM full amo~m of each ~nd ev~ry such payment sMll be immedi~taly due and payabl~ and shall bear interest from th~ date thereof vntil paid at tM ~at~ ot nine par caMum per annum and together with tuch i~?tereit shall be secured by the lieo of this mwtpage. • 4. To parmit, oommil or suffar no waat~, impairment w dete~ioration of said {xoperry or sny paA thereof. S. To pay all a~d singulu the costs, charges and expenses, including a reasonable at~wney's fer and costs of abstracts of title, i~evrred w psid a1 any t~me by said MORTGAGfE, becavse or i~ the event of tM failure on ths pert of the said MORTGAGOR to duly, promptly snd firlly perfam, d~schuyR exec~te, effect. complete, comply with snd abide by each and every the stipulations, agreemenh, caKlitio~s, and cova~ants of s+id promissory note and ~hii mortg~ge any w either. and wid costs. charges and expenses, each and every, shall be immediately due ~nd psyable: whether w not there bs notice d~ mand, anempt to colkct or suit pending; ~nd the full amount of each and every such payment shall bear interest from the d~te thereof until paid et tM rate of niM pei centum per snnum; and all ssid costs, charges and expenses ioturred or paid, together with such intereit, sMll be setured by ti» lien of tl?i~ motty~g~. 6. 7iwt in the event of any breach of this Matgaye w default on the part of the MORTGAGOR, or (b) in the event any of said sums of naney herein refared to be not promptly and fully psid within thirty (30) days oext after the same uverally become due and payable, without demand w notit•t, or in the event each snd every the stiputations, agreements, ca~diiwns and coveoinb of u~d promiuory note a~d th~s mortgege any w either are not iuly, prompHy a~d futty performed, discMrged, execvted, effected, completed, comp~ied with and abided by, then in either w any such eveni tht s+id ~g gregate wm mentaned in said promiuwy note then remaining unpaid, with interest accrued, and all moneys secvred hereby, shall becane due and pay- able forthwith, a thereafter, at the option of said A10RTGAGEE, as fully and completely as if atl of the said sums of money were wiginally stipulated to be paid on such day, anything in said promissory n~.te or in this Mortgage to the contrary notwithstanding; and th~reupon or thereafte~ a1 ths option of said MORTGAGEE, without notice or demand, suit aT law w in equiry, tlxrefore or thereafter beg~n, may be prosecuted as if all moneys secured hereby had matu~ed pior to iri institution_ 7. That in the event that at the beginning of or at sny time pending any wit upon this AAortgage, w to foreclose it, or to reform it, o? to enforos payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof fw the appointment of ~ Receive~, such Court shsll Forthwith appoiM a receiver of said mwtgaged properfy all and singvlar, includ~rg all and singular Ihe incort?e, profits, iasves and revenues (rom whateve? source derived, each and every of which, it being axpressly understaod, is hereby mortgaged as if specifically xt fwth a~d desuibed in the ~ranting ar+d habendum c~auses hereof, and suth Rcceiver shall Mve all the broad and effective funct~ons and powcrt in anywise emrusted by ~ Courf ro a Receivp, and :uch sppointment shall be made by wch Court as an admitted equity and a matter ot absolute right to said MORTGAGfE, snd without reference to the adequscy a insdeq~acy of the value of the property mortgaged w fo tF?e sotvency or'insolvency of said MORiGAGOR or the defendann, and that such renrs, profits, incane, iuues and revenues shall be applied by such Reteiver according to the lien or equity of wid 14M1ORTGAGEE and the prattiCe of s~rch Court. S. To duly, promptly and fully perfwm, diuharge, execule, effect, mmplete, comply with and abide by esch and every the stipulations, sgreemenq, conditioos and covrnanu in said promiuory rate and ~his mortgage set fwth_ 9. That in the event the ownership of the mortgsged premises, or any psrf the?eof, becwncs vesfed in a penon other fhan the MORTGAGOR, the MORTGAGEE, iri successws and suigns, may, witlw~t notice to the MORTGAOR, desl with such succeuor or successor in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating w dischsrging the Mortgagors' liability here- under or upon rhe debt hereby secured. No wle of the Fremises hereby mortgaged and no forbearance o~ Ihe paA of the MORTGAGEE a its succeswn or augns and no eatension of the time fw the payment of the debt hereby secured given by the MORTGAGEf or its successors or auigns, shall operate to release, discF~arge, modify chsnge or affect the original liability of the MORTGAGOR trorein, either in whole w in psrt. 10. ft is specifically agreed that' time is of the essence of this contract snd thal no wsiver of any obligation Fwreundor a of the obligstion ts cured hereby shall at any tirrK thereafter be held to be a waiver ot the terms hereof or of the instrumeM secured herby. 11. In addrtio~ to the fwego:rg moMhly payments of princ:pal and interest required by the promiuory note secured hereby, mortgagor covensnts and agrees to pay to mo:tgagee wifh each mwnhly payment an add~rional sum estimated by mwtgagee to be equal to 1/12 of the annual cost of the follow- in9: - A-All real property tsxes levied or assesied against the above described real estate. B-Prem~ums on {ire and windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above desuibed premises. C-Premi~ms on such mortgage guaranfy insurar~ce as mortgagee shall from time to time deem fit to tarry or~ the laan setured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due a~d payabte hereunder and suth sum shall thereupon be due and ' payable on the due date of the next monthly payment and each successive moMh thereafter urtil mortgagee shall notify mortgagor of a change in such ~ amount. Such sums sF.a!I be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranTy insurance ; ~ premiums. . j IN WITNE55 WHEREOf. the ssid MORTGAGOR has hereunto set his hand and seal the day , yea firat aforesa' . i E Signed, Sealed and delive?ed i~ the presence of: ~ ~trr~_ o av?g n ~ ~ s~,o ; ness °i a K.,~ s E STATE OF~~ ]~W Y~RIC ~ . ~ ~4.~r~k~~.r---°-^~-_ ~ ~ ~ , COUNTY OF eefore me personally appesred John B. SleliOht@r and pa~QA~ $1s1~9ht@= his wife, to me well known and known to me to b~ the individwb described in and who executed tM fwegoi~ instrvmant, and adcnowledged before me that they exetuted the same fw the p~+rposes rherein exp?essed. And the ssid p~~~ Sla{l~h~@r w~fa of tM said .10~1- B• S1A1i9}lt~Y upon s separ~te ~nd priv~t~ e,camin~Yaef by me taken sepante a~d ~part from her said hvsbsnd, ~dcnowledged to and before me ihat she exetuted said instrumtnt fretly and volv~ rarily and withovt u~y compul~lon. . constr~int, ~pprehensian, os iear of or from her said husband. WITNE55 my hand and official ~eal this r~ dsy of OCt~~@r A. D. 19 68 ` FILEp AND R~C~RQ~ ~ ~ ~ ~ f•~-U C~~ C 0 V N . NWary Public in and fp th~ k • • ^ ^ ~ti r ~ r My ~OMTIf310f1 !][PIflS: Yozk ~ Retvrn Ta ' ~~~~Q~ ~3~«-/L ~ First F~der~l SavinQi i losn Association IKV ~ ~ Of FoH P~erce. f{~ p ~r{+ p;' • ~ J. Fkr~tiClS F~iLEY Fort Aizrts. florid~ ~+U OL1 1 5 W7 3 :~ntuy P~t.l;t ~n tbt ~i.;~t ~~E l~cw Ycsk ~ ~ f!~: !.•,4~er Cv. I`otar7r Pub4e _ Np. ZT1 ~ b~: R t-01 T r~ A$ G„auute.~o ea~n. Marea ~:i~ j~ • : This Instrument Prepared By G~ERK.CIRCt;IT COURT ~ ~ ° ' ~ First Federol Savings b loan Association ~ s: ~ • of rt 'erce . ' • ~ v ~ Checked By - ~ s ~'73 ~2914 - ? , . f ~ , ; ~f ~ ~ : r: =T _ _ . _ e~x~}~ -