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Home My WebLink About0864 + . S. To plaa and contirwously kHp on tM bvildinps oow a Mr~ahK ~itu~» on s+id Isnd snd on all equlpm~M and p~non+tly oovK~d by this n+at¢ ~ys, with ~II pr~miums tMrwn p~id in fu14 fir~ Inwr~ncs in h~ uw+l st~ndard poticy fam, in a sum spprowd by tM MORiGAGEE, ~od windstam ir+iwu~c~ in tM vswl tanda~d poliry form, in • tum ~p~x~ed by tM MORTGAGEE, tn such comp~ny ot oompu~ies a tM MORTGIIGEE n?~y directt ~nd all fir~ and windiro?m inswanc~ policies on ~ny of s~id buiWNg~, u?y iMKKt tFwein or paN ~M+~ot. M tln ppreya~~ w~n afons+ld w : In excess tMnof, shail contaa~ tlw ~nwl standud mortyage~ ciu+s~ o? such otl?K claus~ as tlw Monp~g~e may rpv'u~. makinp ~h~ loss w~dN s+~d pdF ; cie~, each and ev~ry. paYabls to s+W MORTGAGEE ~s iti inferest may ~pp~sr, and esch u+d ~wry such policy shall b~ promptly us:9ned ~~d delivK~d to any Mid by s+id MORTGAGEE s~ funMr s~curity to said mor~9a~e dabt. and, rat leu thae ten (10) dip in advance of tM ~xpir~tion of esch pol'~cy, ro d~- ; livs~ ro wid MORTGAGEE • renewal ther~of, topetl~u with • receipt fa the premwm of wch ran~wal; ~nd ther~ sh~ll b~ no fu~ or windsto~m inwranc~ ~ plsud oe •oy of ~a~d buildi~s. ~ny interett thar~i~ w part ihereof, unieu in tM form and with the loss payable ss afwei+idt a~d in th~ ewnt a~y wm ~ of nwe~y becornes p+yabl~ ~ode? wc6 PolicY w Policies s+id MORTGAGEE iMll haw tM optan ro reoeive and ~pply tM s+me a? ~cca+n~ of ths ir~d~btcd~ ness secured hxeby w b pKmit s~id MORjGAGORS to nteiw ~nd us~ it w any psrt thereof fw othe~ pu~poses, without thereb~ waiviny ot impair- ing ~ny pv;ty, lie~ o~ ripht under or by vWl?s of this mortpa~es and in ~M event Nid MORTGAGORS shsli for u~y reswn fsi) ro keep the ssid pnmise~ so insured, a fail 1o deliver promptly ~~y of said policias of i~sur~nce to ssid MORTGAGEE, a f~il promptly to pay fully +nr premium therofw a in u+y resped fail w perforen, diicharge, execvte, ~ffec1, complets, comply wi~h and abids by this covenant, or any p+rt haeof, wid MORTGAGEE m~y place and paY for such imvranc~ or anr part thereof without w~ivinp w affectiop any option, lien, equity. or ripht u~la or by virtw of this Mort9ap~. and the full amovnt of each u~d ~wry wd+ payment sh~ll bs irwnediattly d~rs +~d p+Y+b1e ~nd shall bear interest from ths date thereof vNil paid at tM ~aq of ni~,e per centum per annum and together with wch interest shall be secured by tM IiM oi this mort9ape. ( To permit, comnut or suffK ~+o wute. impairment w detaioratan of said prope?ry or any p~rt thereof. ~ S. To pay all and sinp~lH th~ costs, chup~s u+d ezpens~s, incl~rdinp a rouon+bk attwney's fe~ snd tosta of ~bstracts of title, i~cuned w p+id ! any trne by said MORTGAGfE, batavse w i~ the ~vent of ths f~ilur~ on the patt of tM aid MORTGAGOR ?o dvly, promptly and fully pKfornl, disthary~t i execute, effecl, oomptete. comply with ~nd ~bid~ by each snd every the sti~wlations, apraemeen. cond~tions, and covenants of said promiuory ~ote +nd th:s mortga~e any or eirhe~. and said costs. chu9es and expenses, eacl~ and every, shall b~ immediately due and payabls: whether a not there be r.otice dr , msnd, sttempt to collecl p wit pe~dinys and th~ full amo~~t of each ~nd every svch paYmeM shall bear interesl from the date thereof until paid ~t the ~ rare of nins per ce~tum per annum; and all wid coari, char9es a~d expenses incurred or paid, together with such interest, sh~ll b~ sKUred by iM li~n of thit ; mortps~. j i 6. Th~t i~ tM ewnt of any lxeach of thit Mortgape or default on tFr part of the MORTGAGOR, o? (t,) in the event ~ny of ta~d wms of mo~y ~ herein roferred to be not promptty and fully p+id within thirty (30) days next after the same seva+lly become due snd paYabk, without demand w notics, or (c) in the ewnt each aed every the stipvlatiaa, agreemenn, conditans and tovsn+nts of said promissory note snd this matyaye +ny a eithtt ue ~wl iuly, promptly and futly paformcd, dischsrged, execut~d, effetted, tompleted, complied with ~nd sbided by, th~n in ~ither a any such tvtnt 1M taid ag gregate wm mentaned in said prom~ssory note then ~emaini~ unpaid, with interest acuued, and all moneys secured hereby, ihall becorne d~e ~nd p~y~ able fathwith, w thereafter, ~t the option of said MORTGAGEE, as fully and completely as if all of the wid wrta of mor?ey were oripir?~Ily stipulated to be paid on such day, anythi~g in said promissory note or in this Mortgage to the contrary notwithstanding; and thero~?pon or thereafter at the optioo of seid MORTGAGEE, witlw~t notice or dems~d, svit et Isw or in equity, therefore w thereafter begun, may be prosecuted u if all moneys ~ewnd hereby had matured prior to iri institution. . . - 7. Thst in 1he event that at the beginning of w si any time pcnding any wit upon th~s Nbrtyage, or ro fo?eclose N, or to rofo?m it, or to enforp paymeet of any claims hereunder, s+id MORTGAGEE :hstl apply to the Cou~t hsving jurisdidion thereof 4or the sppointment of a Recciver, suth CouA shall fonhwith sppoiM a receiver of sai~l mortgaged property all and singvla~, includmg all and singulu the income, p~oHts, iuues and revenues from whatever source derived, eath and every of which, it beirg ~xpressly undentood, ii lxreby mwtgsged as if specifically sct forth and dewibed in the prsntirg and habendum clause: hereof, ~nd such. Receiver shsll have ~II the (xo~d and effective functions and powers in anywise enirusted by a Gourt tp a Receiver, and ~ :uch appantment shall be made by such Court as an admitted equity aod a matte? of absolute right to said MORTGAGEE, and withouf reference to tM ~ adequacy or in~dequap of the value of the property mwtgaged or to the whrency w insolvency of said MORTGACaOR or the defendsnts, and that such rents, profin, incorne, iuves and revenues sAall be applied by suth Reteiver accordinp to the litn w equity of said MORTGAGEE and tM prattice of ~uch Court. 8. To d~ty, promptly snd fully perform, dnchsrge, execute, effecf, complefe, comply with ar.d abide by each and every ihe stipulations, agreements, conditans and covenants in said promissory rate and tha mwtgage set fath. " 9. iMt in the event tF~e ownership of the mortgsped premises, or ariy part thereof; becnrnes vested in a penon other than the MORTGAGOR, the MORIGAGEE, ib succeuors sAd assigns, msy, withovt ~olice to the NIORTGAOR, deal with such succeuw w wccessa in interest with refcrer?ce fo ihis mortgsge and tF~e debt hereby secured in the same manner as with Mortgagw withovt in any way vitistirg or distharging the Mortyagors' (iability hera- under w upon the debt hereby secured. No sale of the premises Fureby mwtgaged and no fwbesrsnte on the pan of ths MORTGAGEE or its suaesaors or assig~s and no extension of tFie time fo~ the paymero of the debt hereby secured yiven by the AhORTGAGEE a its sutteuors ot auigns, shall operat~ to release, d~scharge, modify change or affect the original liabiliry of 1Fx MORiGAGOR herein, either in whole w in p~rt. 10. It is specifically agreed that time is of the essence of this contrsd and that no waiver of any obligation hereunde~ or of the oblipation ia- cured hereby shall at any time thereaftar be held to be a waive~ of the terms hereof or of the instrument secured herby. 11. In add~tion ro the forego:~g mo~thly payments of princ:pal and interest required by the promissory no?e secu~ed hereby, mortgagor tove~snb ar,d agrees to pay to mortgagee with each monthly payment an additionsl sum estimated by mwtgagee to be equal to 1/12 of the annual cost of the fdlow- ing: A-All ~eat property taxes kvied or assessed against the a6ove described real estate. , B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvemenfs sifwte on the above described premises. C-Premiums on such mortgage guaranty insurar~ce as rtw?tgsgee shall from t~me to time deem fit to carry on the loan secured hereby. 1Nortgagee shall from time to time notify mortgagor in w?iting of the amount due and payable hereunder end such sum shall thereupon bs due and cayable on the due date of the next monthly payment and each svccessive month thereafter until mottgagee ~hall notify mortgagor of a thange in s~?th amount. Such sums shall be applied by mortgagee toward the payment of resl properiy taxes, inwrance prem~ums, and morfgsye guar+nfy insurance piemiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day snd year fint sfwesaid. E S;p Se+ ed and 'ver ' the prosence of: ~~~7/ ~Lt2Gvt~ a4 ~ n ~ . _l n _ STATE OF FLORIDA ~ . S'T. Lr1CIE ~ couNn oF 8efwt me personally app~ared ~ui: B. Olflri~ .11. •nd Annie l.. ~ZSlA his wife, to me well krawn ~nd known to me to b~ rhe individwb described in and who executed ths foreyarg instrwntnt, and ~clcnowledyed btfore m~ tMt they executed the same fw the pwposes therein ~apres~ed. /1nd 1FM Nid_ aAI1~Q I.~ ~iflA _ w~fe of the wid ~uii B. Ols!!f~ Jr. ~ a separate and privat~ exami~ation by me tsks~ ~epa~aiiy+nd apul from her s+id husbsnd, ~tkrawledped eo ~nd t»fwe ms that sM execvted said ifIStfYrtlQflf ff0lly allA VOIUM ra~~ly and w~thout snY,Fppp~yyPn, cons/niM, appreh~nsan, fex of or from her said husband. ns WtTNESS py~l~~ryd-c~ificfitl,wal this... day of NO A. D. 19 68 ~ 1~~~~~. ~fi ' - ' • ' .n'' C. 1.~'~ i r. ~ Notary Public io u+d fa tM Stat~ of F{orida ~t l~rp~ ' My Comm~ssan ~~res: L~, ~ j r(o ~ ~ ' T~ ' ' FILEO ~?ND RECORDEO ~ ~ ~ ~ ~ ~ ~ F~.~ F.a~.,~ 4.~y~r a~~ ~.i«~~~ gT. LUCIE COUNTY. FLA. ';bf Fbh:.DL.d~:- , RECO1 V["~glf!ED M.w y A..~.. ~.a cr.+r c~ . Fat.•Pie~~e. Flwid~: ~~j i I 1V1~ • . ' . . . . ~ n11S 1 ~ „t~ : ~ . 1 ~ O•'~ nst?ument prepared br ~ N~V first Federal Sav, b~oa~ I~~ . of fat Pierce a0 R OITRAS gr John Collins ~~ER CIRCUI7 COURT~ s~K 174 Pa~ 86~. f~ ~ ~