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Home My WebLink About1633 9. To plac~ and conHrwously k~ep on tM buildin~s ~ow a heresht~ uw~t~ on said land and on all equtpreKnt u~d p~rwnally covK~d by this ~nat¢ p~ with ~II premiwns thaeon p+id in full, fin insurance in Iht ~wal su~dard policy form, in • sw+n +pprowd b1r tM 1NORTGAGEE, and winditam inwrsnn in tM uswl s~andud policy form. i~ ~ swn approv~d by tl» MORTGAGEE. in wcA canpanY c? comWnies +s tM MORTGAGEE may dinctt ~nd all fin snd w'a+darorm iniwana policies on +ny of s~id buildinp~„ a^y ioterat ths~tin w pan tl+eraoF, in tht ppreqa~~ sum +raesald o~ in ~xcess thenof, sMll cont~in ths uswl sta~dud mw~ga~ clws~ w such o~ha d+use +s tM Matyapae m+y ~equu~, m~kirg tFa loss w+dN ssid poi} cia, each a~d every. p+Yabh to s~id MORTGAGEE as its iro~rqt may ~pp~a~, and each a~d ~very tuch poliq sMll b~ prampty +u:yned ~nd delivered to ~ny Mld by wid MORTGAGEE ~s funher security to said mortyap~ debt. ~~xJ, not ku than ten p0) d+ys in advance of tM expuation of esch policy, ro dr IivN to said MORTGAGEE s renew~l thereof, fopstlar with a receipt for ths pnmivm of such renewai; and then shall b~ ~o firs w wiodstwm inwr~nte plapd on ~ny of said buildings. sny interest thKtin or parl thereof, unleu tn tht fum u?d with ihe loss payabl~ as ~fwesaidt and in 1M awnt any twn of maisy becomea payabk v~ wch poliq or policies s+id MORTGAGEE shall haw ths optan to roceive and apply the s~m~ on accoun~ of tM indebted~ npa secur~d hereby w to permN s+id MORTGAGORS ro?eoeiw ~nd us~ it a aey put 11?ereot for other pu~poaes. without thereb~ waivi~ig o~ impair- irg sny pviry, lien or right unde~ w by virtw of thit rtartyayr, +nd in tM ~veet aid MORTGAGORS shall for ~ey reaso~ feit to ka~p the said promises w i~swed, a f~il to deliver promptty any of said policies of irnw~eKe to said MORTGAGEE, ot fsil promptly to pay fully any premium therefor a ie any respact fail ro psrform, dischuy~, execute, ~ffect, compkt~, comply wi~h snd ~bids by this covenant, a ~ny pan hsreof, said MORTGAGEE mar pl+ca ~nd pay fa such iosurance w any p~M thsreof withovt w~ivinp or +Nectlnp sny optia4 lkn, equity, or righl undK w by virtw of thls Mat~aps, and th~ fvll ~mo~nt of each and w~ry such payment shall be irwnedi~tely d~s and p~yable and shall bear interett from tM date thereof until paid ~t th~ wt~ 01 nin~ psr ca?tum pa snnum and to~ether with such interest shall be secured by tM lia+ of this mat9sge. 1, io permit, ooeurut o? suffa no wsste, imp~irnx~t w deteriotation of s~id properry o? ~ny part thereof. 5. To pay all snd singvln the cosb, ch~~yet +nd ezp~nses, includirg a rcsson~ble attw~ey's fee aod oosts of alutracts of titk, Gxu~~d w psid ~1 any time by wid MORTGAGEE, because or io tM ~vent of the f~ilwe on the part of tM said MORiGAGOR to dvly, promptly snd f~lly perfotm, disch~rgq execut~, effed, oomple~~, comply wi~h and abid~ by each and every the sNpularions, agreements, conditiaa, and covenanri of said promiswry note snd this matQa~~ any w eithe~. and said costs, charges and expenses. esch and every, sh~ll M immedistely due and payable: whe~her w not tMre bs notice da msnd, anempt ro colkct or wit pend~ng; snd tM full ~rnovnt of sach and eve.y svcA payment sF~all bes. interes~ fran the date t1,~reof until p~id d the rate of nine per t~ntum per annum; and all said costs, chuyes and expe~scs inturred w paid, together with such interest, thall be secured by fhe lie~ of tlw mort~ape. 6. That (s) in the avent of any brcach of this Mortgaye o~ defauh on the part of the MORTGAGOR, or (b) in the avent any of s'sid sums of money herein refeared ro be not promptly and f~lly paid wilhin fhirfy (30) days next aiter the same severally become due and p~yabk, without dsmand or notke, or in the avent each a~d every the ~tipulations syreements, conditions and covenants of said promis3orY note and this rr.ortgaye a~?y w either are no1 iuly, promptly snd fully psrfamsd, dixharged, executed. ~ffected, completed, complied wi~h and abided by, then in e~ther w ar?y svch event tM a+id ap~ gregate wm mentioned in s~id promisswy note then remaining u~paid, with 1ffiN631 MR11CiI, and all moneys xcured hereby, shall become due ~nd p~y~ able fwthwith, or thereaftH, ~t the option of said MORTGAGEE, as fully and completely as if all of ~he said wms of money w~ve aiginatly stipulsted to be paid on s~ch day, anything i~ said promissory note or in tha Mortysge to tlx contrary notwithstanding; and thereupon w thereahe? at tM option of said MORTGAGEE, without notice or demand, wit at law or in equity, iherefore w theresfter begun, msy be proxtuted ~s if all naneys setvred hereby had matured prior to in imtitution. 7. That in the event that at the beginning of or ~t sny time pending sny wit ~pon this Nbrtgage, w to fweclose it, or to rcform it, or fo enforc~ payment of any claims here~?nder, said MORTGAGEE shall apply to the Court having jurisdidion thereoi for the appointment of ~ Receiver, such Court siwll Fathwith appoint s receiver of said mortgaged property all and tirgvlar, intlud~ng all and singular the incoms, pro}iti, issues and revenues from whatever source d~vived, esch an~! every of which, it beinp expressly understood, is hereby mwtgaged as if spetifically set fath and destribed io ths 9rantiop and habendum clavses hereof, and such Receiver shalt Mve all the broad and effective functions and powen in anywise entrusted by a Court ro a Receher, .and :uch appointmeM shsll be made by wch Court as an admitfed equify and a matter oi absolute right to ssid MORTGAGEE, and withovt reference lo ths adequacy d inadequacy of ihe valve of the property mo?lgaged w to the wNency or insolvency of said MORiGAGOR a the defendanri, and that such rems, profits, income, iuues arxl revenues shall ~be applied by such Receiver according to the lien or equity of said MORTGAGEE snd the pradioe of~s~ch Court. . l 8. To duly, promptly and fully perform, d~stharge, execute, effect, eomplete, comply with and abide by each and every the stipulatioos, ayreemenb, conditions and covenants in said .pran'~asory note and this moctysge set fwth. 9. That in the event the ownenhip of the mortgaped prcmises, or ~ny pari thereof, becomes vested in ~ person other thsn the MORTGAGOR, th~ MORTGACaEE, its successo?s snd asaigns, may, withouf notice to the MORTGAOR, deal with such successa w iuccessor in iMeresf with reEerence fo tha mo?t9spe and the debt hereby setwed in the same manner ~s with Mortgagor without in any way vitiating ot distharging the Mwty+gon' lisbiliry hera under or upo~ the debt hereby secured. No sale of the premises hereby rtwrtgaged and no forbearance on.the parl of the MORTGAGEE a ip waessors or asi~g~ and no extension of the time iw the payment of the debt hereby secured given by the MORTGAGE: or its iuccessors or assigns. ~hall oper+t~ to release, dixharye, modify change or affect the wiyinal liability of the MORTGAGOR herein, either in whok or in part. 10. It is specifically agreed that time is of the esserxe of this contrsct and that no wsiver of any obligsYwn hereunder o? of the obliyatan ss- cvred hereby shall at ~ny time thereafter be held to be a waiver of the ferms hereof or of the instrumeM secvred herby. n addition to the forego:ng mo~thly psyments of prir?c'pal and interost required by the promissory note secured hereb covenants and agrees to ortgagee with each monthly payment an add~rional sum estimated by mwtgagee to be equal to 1 1 annual cost of the follow- ing: . A-All resl property taxes kvied or as the above described real e , B-Premiums on fire and windstorm insurance as herein requ~r ~ed o~ the improvements situate on the above desvibed premises. C-Premiums on suth mortgage guaranfy i s mortgagee shall from time to it fo carry on the ban secured hereby. i Mwtgsgee shall from time t notify mortgagor in writing of the amount due and payable hereu hall thereupi.n be due and payable on the due dat e next monthly payment and exh sutcessive month thercafier urtil mutgagee shall notify mortgagw in wch ~ amount. s.a11 be applied by mo~tgagee toward the payment of real property faxes, inwrarxe prem:ums, and morTgage guaranty ~ ance IN WITNE55 W' REOf, the ssid IYIORTGAGOR has he~eunto set his hand and seal 1F?e d and year fir a id. a del' aed in tl~e presence of: r . 4 n n . STATE OF fIORIDA sr, wcis ~ ss. co~Nn oF defore me penon~lly app~~red Joseph Peoni ~nd Blanehe PlOII his wife, to me well known end known to me to b~ th~ individwb described in ~nd who t~eecuted ths for ~ns ~~ey, and ~dcr~owledyed befor~ me that they executed tF+s same fw tM pwposes ~ f 1lxrein exp?essed. Md tM ssid ~C~ P@OI11 ~ Jose h Peoni ~ wii~ of th~ said P vpon • ~ep~raa a+d privat~ ~ examinatan by me taken separate snd apart from he~ said husband, adcnowledped ro u+d b~fore me lhat she exet~ted said irotrument,freely u~d volun~ tarily ~nd withovt ~~r compuban, constraint, apprehens' or feu of w from her ~aid~}~!~?!nd. ~ WITNESS my Fwnd ~nd official teal thia---.~~~ day of '~~~~~8! A. 19 68 Notary ic i~ ~nd for th~ at~ of Fbrida ~t lar~e i ~ ~ . Mr L~ / 9 7 / Return Ta. fint F~d Savin~~ i loan /luociation ,.ti~:,~~t~t,°.• , t Of Fo~t P~erce. I :l ti;•"t2r/ plt5.x, Stit! Of ~t ~ _ ' • - _ _ :,Rry to+amissioo Expr~s A~. 6 1971 Fwt Pie+ce. Plorids r - • ' iue~ke,r~r+.~.arr~ ~ir - • T, , ~ c~ ~ ` = • FILEO AND RECOROED ~ , This Instrument Prepared ey ~ J; gT. WCIE COUNTY. FIA. First Federal Ssvings 3 loan Associatio~ " RE v~~ED of rt Pierce ~ Q . . . ; • ~ Checked • d~,:~'M~.~~`~` '68 N011 5 IW I I: 3S a~1?4 ~~629 y~``' ~ ; - - , ROGE~ P01?RAS , : ~ CLERK C?RCUtT GOURT: ~