Loading...
HomeMy WebLinkAbout2993 + ~ r r ~ ~ . ~ To pl~ and ca+tirwously keep on the bui!dinps ~aw or Mreah~~ ~itwb on iaid land ~~d on ~II eq~ipmero ~nd person~lly covered by thi~ mort~ q~, with ~11 premiums tMr~on p~id in full. fi~~ ir?suranu in 1he usval ftar+dard policy form, in a tum approvsd by tha MORTGAGEE. and wind~torm inwr~c~ tn tM vswl ttandard policy fwrey in a svm approved by tFN MORTGAGEE, in wch tompany or tompanies as the MORTGAGEE may directj and ~II f&~ ~r+d windttorm iniwant~ polities on any of aaid buildinqs. ~ny int~r~st theroin w pan thereoi, in tM ~yrey~te sum afp~uid or in ~xt*ss thsreof. ~MII contain th~ ~sual itandard mort~agee cfau~ w such othe~ claus~ as tM MatQayK may requ+r~, maMirg ih~ ioss undM said po1N ci~s, eacA and tvery, payabk w said MORTGAGEE as ih in~ereit may appear, and each and every s~ch pol~cy ihall be promptly sss:gned a~d detivered ~o any hdd by said MORTGAGEE as f~~ther security to aid mat9ay~ dcbt, and, r?ol Icu than ten (101 days in advance o( tAe expiratan of each poticy, to da liwr to s~id MORTGAGEE a ~answal thereof, toQe~ha with • receipt fw ths premium of such renewal; and ~he~s shall be no f~re or wi~~ds~am iniuranc~ + p1~c~d on ~ny of tsid buildings, any io~erest tl?Ke~n w part thcreof, unlesa in the form and with the.lou payable as ifuesaid; a~d in t1a evenl any tum ~ of nwn.y becomes payable vnda. wch polky a po1K~ •a~d MORTGAGEE shall have ~F?e opt~on fo rece„r~ a~d ~pp1y ihe same on atceti~nt of the indabted- + ness secur~d F~eby w b permit ia~d MORTGAGORS to receive ~nd use it a any part thereof ior othe~ p1xG+oE~t, wi~hout Ih:reb~ waivi:?g o~ ~mpai~• ~ i~p any pviry, lien w right under or by virtve of this mort9aqe; snd in the event ia~d MORTGAGORS shap fw ar~y reaso~ fail to keep s.~ seid premise~ so insured or fail lo delirer promptly any of said policies of insura~ce lo said MORTGAGEE, w fail promptly to pay futly ~ny premium thcrcfor w i~ any rtspect fail b pKfomL dixharge, ~xecvte, effact, compl~te, ~omply with a~+d abide by this covenan~, w ~~y patl hereof, said MORTGAGEE may place and paY fa tuth insuranc~ w any pan thereof without waiviny or affectinp any oprion. lie~. equity, a aigh! ~nder or by virtue of this Mwt9a9e, ~nd the full amouol of each ~nd twry s~ch payment sMll be immediately dve and payaWe and shall bear interest from i!a date the~eoi until paid at the rat~ of nine per te~twn per aiu~um a~nd together with s~ch interest shalt be :ecured by the lien of this matgage: 1. To permit, oommit or iuffer no wa~te, impairme~t w deteraration of said property or ~ny part therrof. ; S. to pay aU ~~d unavlu the costs, charges end expenses, incfuding a reasorwb?e attwney i fee and costs of abstracts of title, incurred w paid st any time by said MORTGAGEE, b~cavse w in tM event of the failure on ~he part of the said MORTGAGOR to duly, promptly ~nd ful~y perfwm, diuhargR exearte. ~ff~tt, oomplet~, comply w~th and ~b~de by each u?d every the stipulat~o~, agreenx~+n, conditioni, ahd cove~ants oi sa~d promissory nots and th;s :nortgapa any a eitha, and sa;d coats, cMryes and expenses, each and every, shatl be immediatety due and payable; whetF?er w not thera b., ..~tice dn- mand, anompl to co11M or tuit pending; snd the full amouM of each and every s~?ch paymeM shal~ bear interesl from the dste tf~ereof untii psid ~t the rate of nine per centum per an,wm; and a11 said tosts, charges and e:penses Fncw~ed or r»id, togetber w~th svch inte~est, shall be setvred by ths iien of thw ^+ortp~• ~ t 6. ?hat in the weal of ~ny brexh of this N4ortgage w default on the part of the MORTGAGOR, a(b) in the event ~~y of sa~d sunu of money ; herein refer~ed ro be not promptly and Fully paid within thirty (30) days ~exr after the same severally become due and payabte, withovt demand a notice, ? or (c) in the eveM each ~nd every the stip~laYwrts, agreements, to~+ditions and tovenants o} said promiuory note and th~s mortgage any or either are eot i~N, promptly and fulty performed, d~uharged, executed, effected, tompletcd, complied with and abided Sy, ihen in either or any such event ths uid ag gregate sum me~tiw~ed in said promissory nore then remaining unpaid, with imerest accrued. and a11 moneys secured hereby, shall become dw snd p~y- able fo~thwith, O! IIN.YNf1N, at the option of said MORTGAGEE, as fully and completely as ii all of the said sums of money we~e aginally stipulated to be paid on such day, anything in sa~d promissory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the op~ion of said MORT6AGEE, without twtice or demand, suit at law or in equity, therefwe or thereafter begvn, may be proxtuted as if all rrwneys secured hereby had mahrred prWr to ib institVtion. ! ?hat in tl?e event that at the beginn;ng of o~ sf any time pending any suit upon this Mortgage, or to fo~etlose it, oa to refam it, or to enforce payment of s~y claims hereu~der, ~sid MORTGACaEE shall apply ro the Court havi~g jw~sdiction fhereof fw the appocntmem of a Receiver, auch Court shall fwthwith appoiM a receiver of said mortgaged prope~ty all and singvlar, includ,ng all and singular the irxome, profits, iuues and revenues i~om whataver ' wv~ee dsrlved, each ~nd every of wh+ch, it being expreuly understood, is hereby mortgaged as if specifically set fwth and destribed in the granting snd ~ habendum cla~sa hereof, and such Receiver shall have all the broad and ef(ective funcnons and powers in anywise entrusted by a Cou?t to a Rcceiver, and ~ such appointment shall be made by such Court as sn admitted equity and a matrer of absolute righe to said MORTGAGEE, snd w;thout reference to the ~ edeqvacy w ioadequacy of the wlve o~ the prope~ty mwtgaged or to the soivency w insolvency of taid MORTGAGOR o. ~he defendann, snd that tuch rents, profits, intome, iuves and revenves shall be applied by such Receiver atcwding to the lien or equity of said MORTGAGEE and ihe practice oi such ` Cou~L t 8. 7o dul , - t y promptly and fully peaform, discharge, execute, effect, complete, comply wi~h and abide by each and every the stipulations, agreeme~ts, i consiitwra and cov~nants in said promisswy note and this mortgage set iorth. 9_ That in the evem the ownership of the mortgaged prcmises, w any part thereof, becomes vested in a penon other than the MORTGAGOit, the ~ MORTGAGEE, in wccessors and auigns, may, wi~hout noeice to tlx MORTGAOR, deal with such succeuor a successor in inte~est with reference fo this mor~gage snd the debt hereby secured in the same manner as wi~h Nbrt y y ting or dischar i the Mort ~ gagw without in an wa vitia g ng gagors' li~bility F~err under w upon the debt hereby secured. No sale of the Fremises hereby mortgaged arrd no forbeara~ce on li~e pan oi the MORTGAGEE w iri successon ! or auigns and no extension of the time fa ~he payment of the debt hereby secured given by 1F~e MORTGAGEE or its~ svccessors or auigns, ahall operafe to release, dixharge, n+otlify tMnge w aHett tht wiginal liabi~ity of the MORTGAGOR herein, eitf~er in whote or in part. ' 10. It is spec~fically agreed that time is of the euence of fhis controd and that oo weiver of any obligation herevnde.y pr of the obligation se- cured I~ereby shafl al any time thereafter be held to be a waiver of tF~e terms hereof or of the instrument secured herby. 1~ a~ddition to the fwego:ng monthly payments of p:in~ pal and interest required by the promissory note sccured hereby, mwtgagor tovenants and agrees to pa~B~eMyag with each rnonthly payrnent an addirional sum estimated by mortgagee to be eq~al to i/i2 of the annual cost - 'rg: A-All real ~xoperty taxes lev~ed w assessed agains ve described real estat B-Premiurt}s on fire and windstwm insurance as herein requ;r n the improveme.~ts situate on ihe above desvibed premises. C-Premiums on such mortgage guaranty i s mortgagee shall from time to time ' fo tarry on fhe (oan secured hereby. Matgagee shatl from ti ' noNfy mortgagor in wriring of fhe amount due and payable hereun er um shall thereupon be due and payable on the due ~ e next monthly payment and each successive momh thereafter ur.til mortgagee shall notify mortg a char?ge in such arno~nt, ms sF.all be applied by matgagee toward the payment of real property ta:es, insurante prem;ums, and mortgage guara rance w - IN WITNESS WHEREOF, the said MORTGAGOR has he~eunto set his hand and seal the day and year first aforesaid. Sig Se bd and liver 'n the presence of: ' ~ ~ ~ ~ . ~ ~ ~s~ ~:n STATE OF FLORIOA ~ COUNTY OF - $T • I.UCIB ~ ~f~ ~ ~~~~~y ~~a~~ Claude H. CO~S and i.ouise L. COl~bs his wife, to me well known and known ro me to b~ tM individu~b desoribed in and who executed tF~e ioresoirg jnstrument, O~ ledged before me that they executed the same ior the purposes tt~eroin txpres~ed. Md tM sa~d LOU 15@ L.. wdt• of t!» sa~d Claude H, Combs upon • sepu~te and privst~ examination by me taken sep~rate and apaA from her said Fwabantl, ackrw,ivledged ro ~nd befo~e me that the executed said inst~ument.freely and volvrr ranly and w~tho~t tpy,.cq~putsion, corotraint, apprehtnsion, w fear of w from her said husband. ~ WITNfSS my htnd y~¢ offiGa! aw! th+L ~g~t~_ ~y of February 69 , , A. D. 19 ~ . . • ' Notary Public in ~nd fo~ the Stat~ of Fbrida at larp~ i - - c My Comm~ssion ~xpi~es: Fint : Refurn Ta ' : ~ ~ ~J Mi~r fZ~~.~GQCQ t! Of ~a..i~ s,~s„~; ~a ~ 1?,~«~t~„ ; r~L UC C~)UN t Y. ~ t; ~~1? riGc. Sta Rorid~ at LarQe Of fort P,erce 1': [ ~ ~ c ' 11~ ~110~ ~ 23. • Fo[i •pjeru. FlaidJ . b~N/ A AM~cM {w ~ Gswlh G. . . _.3 28 ,.:i 11: 5~ - ~ This Mstrument Prepared By E t: r:., ~ i r::.. • first Federal Savings b loan Associat~on _ LERK ClRCU; T COUt~ T ~ oi Fwt Pierce Checked By ~i~n~=a ~c. ~c~?y~s 17'S~1`~' f- e~~x 175 F~2`989 r ~iZi1 L...T.~~... ~ h ; ~ . _ ^ . _ . ~ . . . .-Y. _ ~ " «3c , ~ ~..t..vi-_'TJ'~''~