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Home My WebLink About1653 . . ~ 9. To plap and continvo~sly ke~p on tM buildir+Qs now w h~r~~ft~r ~itu+q on sald lu?d u+d on ~II equipm~M and p~rsorully covKed by this rnorp~ with ~II p~eniums tht~aoe~ pald In full, fir~ inwranct ie the uswl itandard polity form, in a sum approv~d by tM MORTGAGEE, and wind~lwm ' inswuKe in tM ~iwl iq~dard poliq form, in a wm ~pprowd by tM MORTGAGEE, t~ such tompany o? companies as ~h~ MORTGAGEE msy ~ dinctj ~nd all ~n k+d windstwm insuranc~ policies on ~ny of said build~nps, iny iMer~it thsrein or put tMreof. in iM a~qre~ut sum ~for~Hid ot 4 In ~xnss tl?ehof, sMll comain the ~nwl s~andard mwtgag~e claus~ w such othx clausa u tM Mor~pagae may reqvir~. makinp ths los~ unde~ said polF cies, each and twry, paYabk ro sakl MORTGAGEE is its in~erest may appeat, and cach and ~very tvch policy ~hall b~ p?omptly us:y~ed and dstiverad ~o •ny I+~W by said MORTGAGEE as funher security to said mwt9aga debt, and, not leu 1Mn ten (10) days in advance of the ~xpir~tion of e~ch policy, to dr F IivK fo iaid MORTGAGEE a ~enewal thersof, topether with a receipt fa the premium of such renewal; and thert shall be rw fire w windstwm inswanc~ plapd on any of s~id build'u~ys, ~ny inter~st therein or p+rt thereof, unleu in the form and with tF~ loss piy+ble +s •fweiaid; a~+d in tF+~ ~v~nt any ~um of nwn~y becwne~ p~yap~~ ~~der such policy w policai said MORTGAGEE ihall Mw tM option ~o racaive e~l apply the sams on accovnt of th~ indsbted~ neu sstv~td hertby w M permit said MQRiGAGOR$ fo receive and ua~ it or •ny part Ihereof for othe? purposes, wilhout th_web/ waivi~~g w impair- inp aey p~ity, li~n a right under or by virtw of this morsga~e; and in the event sa~d MORTGAGORS shall for se~y reason f~Fl to keep ths said premius so insursd, w(ail b d~livN promptiy ~ny of said polities of insurant~ ro said MORTGAGEE, a fait promptly to pay fully a~y {xemium therefot o~ in ~ny respett fail b pafam, discharge, eaecute, tffoct, compkte. comply with u~d ab~ by this covenant, w any part hereof, said MORTGAGEE may plate ~od pay fw sud~ inwranct or u+y pat thereof without waivinq ot affacting any option, lien, equity, or righ~ vnder w by virtw of tF?7s Matgps, and th~ tull arno~nt of ~ad~ and ~vtry such payment shall be immcdistely dw and payabk and shall be~r interest from ths dats the~eoi until paid at the ute ol nine per esntwn ps~ arnwm ~nd together with such interest shali be sec~red by tl+s lie~ of this mortgaye. 1. To psrmit, c~ornmit or wffer no wute, Impairment w deterioration of said property ot any part thereof. S. To p~y all ~nd sinpvt~r ths costs, cha?ges and expenses, inctudiny a ressonable attor~sey's fee and wsti of ab~vacts of litle incuned w paid st sny time by ~id MORTGAGfE, because w in the eve~t of ths failure on the pa~t of ~he ~id MORTGAGOR to duly, promptly ~~d fvlly perfonn, dixharga~ execut~, efiect, compkt~, comply with and ab~de by each and every the stiputations, agreeme~ts, co~diY~au, and covenants of said promissory note and thw mort~ag~ u~y or e~ther, and said costs, charge~ and experues. tach and every, shaU bs inunediately due and payable: whether w nof there be notice i~ mand, attempt to tollect p suit pending; and tM ful) amovnt of each and every such payment shatl bear intereit f~om the date thercof until paid ~f the rate of nin~ per centum per annum; and all said coari, tharges +nd expenses inturred or paid, together w~th such i~teres?, shall b~ setu~ed by the lien of Ihii mortp~yt. . 6. That in the event of ~ny brc~ch of this 1Nortgsge or defaul~ on the pan of the MQRTGAGOR, w(b) in the QVM} any oi sa~d sums of money herein referred to be not promptly and fully paid within thirty (30) days ~ext after the sarrK severatty become d~e and payable, wirhou! demand pr npticq os in fhe event each ~od every the stipulations, agreements, conditions and coven~nts of sa~d promissory note ar+d th~s mortgs~e aey or either are nol iuly, promptly and fully performed, dixhargad, execvted, effected, completed, complied with arsd abided by, then in either w any tuch ewm tM said ag gregaM wm mentaned in said promissory rqte thm remairtir~ unpaid, weth inte+est acuued, and all moneya set~red hereby, shall betome dw and p~y- able fathwith, Of tFfefNftN, af the option of said MORTGAGEE, as fully and completely as if all of the said sums of money were wiginally st~pulated ro be piid on wch day, anything in sa~d prom~uory note o? in this Mortgage to the conrrary norw~rhsranding; and rhereupon or tFxrealter at tl?e optio~ of said MORTGAGEE, without notics w demand, wit at law or in equ;ty, tFKreftxe w thtreafter begun, may be prosecuted as if ~II mw~eys sac~red hereby had matu~ed prior to its imtitVtion. 7. That in tFie event that at the beginninq of or st aoy time pendtr+g a~y wit upon ~his Mortgage, w to iweclove it, w ro reform it, w to enforc~ paYmen? of any daims hereu»der, said MpRTGAGEE shall apply to the Court having jurisd~ction thereoi fw the appointment of • Receiver, such Court sMll forthwith appoint s reteiver of said mottgaged prpperty all and singular, inciud~ng all and singular fh~ income, profits, issves and revenves from whatQVe? wurce derived, each ~nd wery of which, it being ezpressty understood, is he~eby mo.tgaged as if specifically set iorth and described in the pran~iry and habendum clauxs hereof, ~11CI StKF1 RKlIVN shall have all 1F~e kxoad and effective funtt~ons and powen in anywise entrusted by a Court to a Receiver, and :uch sppointmcnt shall be made by such Cou~t as an ad:nitted equity and a matter of absolute right to said MORTGAGEE, and without reference fo the ? adeqvacy or inadequacy of the viJve of the property mortgaged w to ~he sanrency w insolvency of said MpRiGAGOR a the defe~dants, and that iuch rents, profits, income, isa~es ~nd revenues shafl be applied by svch Receiver accord~ng to the lien or equity of said MORTGAGEE and ihe practiu of wch { Court. 8. Io dvly, pranptly sr+d fu!!y pe?form, dixhsrge, execute, rffect, mmpiete, comply with and abide by each and every the stiputations, agreemenn, ! co~ditio++s and covenaros in said promissory rrote and this mortgage set fwth. f 9. That in tfie eveM the ownership of the mortgsged premises, o~ any pa?t thereof, becomes vested in a persor? other iha~ fhe MORTGAGOR, the +~10RTGAGEE, in successon and assigns, may, w+rhove norice to tFx MOR7GAOR, des! with such succruor a successw in interesl with refere~ce to this t mwtgaye and the debt hereby setured in the same manner aa with Mortgago? withoW in any way vitiating w discharging the Mortgagors' liability her~. j under w upon the debt hereby secured. No sale of tFK premises hereby mortgaged and no torbearance on the part of ~he ~i1pRTGAGEf or its successors ~ or auigr?s and no exrension of the time fw the payment of the debt hereby secwed given by tfie MORTGAGE: or its successws or auigns, shall op~rat~ I ro release, d~uMrye, rtwtlify changc or affect the orginal liab~l~ty of the MORTGAGOR herein, either in whok or ia part. 10. It is specifically agreed that time is of fhe essencc of this contract and th~t no waiver of any obl:gafion hereunder or of the obtigation se- cured hereby sha!! st any lime thereafta be held to be a waiver of the terms hereof p of the instrumeM secured herby. I1_ In add~tion to the forego:ng monthly payments of princ pal and interest required by the promissory nore secured hereby, mortgagor covenants and agreea to pay to mortgagee with each monthly payr,ie~t an addirional sum estimated by mortgagee to be equal to 1 j"12 oi the annual cost of fhe fol(ow• ir.g: ` A-A!) rea! property taxes kvied w auessed agni~st fhe above described real estate_ B-Vremium: on fire and windstwm insurar.ce as herein requ~red to be carr7ed on the improveme~ti situate on thr above described premises. C-Premiums on wch mortgage guaranty insurante as mortgagee shall f~om t~me to time deem fit to carry on th~ ba~ secured hereby. Mortgagee shall from time to time notify mortgagor in writing af the amount due and payabk hereu~der and suth sum shall thereupon be due and } payabte on the d~e date of the next monthly payment and each successive month thereafier ur.til mortgagee shall notify mortgagor of a change in wch ~ amounl. Suth wms shall be applied by mortgagee toward the payment of real property taxes, insurance prem;vms, and mortgaye guaranty insurance premiumi. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand sod seai the day a ear firsl id. Sigerod led an liw? in the presence of: . O~_ t--^...~~e an • D ~0 STATE OF FLORIOA ~ courrtr oF _ St. Luci~ ' , e.io.. e» p...w»~y .ppe...a Rzanklill A. Harris ~ Valorif }{arris ha wife, to me well known and krsown to me to b~ ~ the individuah desvib~d in and who ~xecwed tfis fore9oin~ (nstrument, ~nd acknowledged befwe me that they ~~cecuted the wme fo? tFK pwposes t?+~.~, .,~,..,..d. ,~?„~t rn. Valezi• V. Harris W~r. ~ _ Franklin A. }iazris ~ ~ ~,~t. ~ arv~~ t examin~tiw~ by me t~ken separaie and apsrt from her seid huaband, adcrqw{edge~ to a~d befor~ rn~ that she executed sa~d irqtrvrrkm frcely snd volun- j ra~ily and w~thovt a~y compulsion, co~atra~ro, appreha+s~ory~or fesr of or from her s~;d fwsb~nd. , WITNESS my Mnd ~nd offk~al seal thu q?7.f~~ day of J~1'1! A. D. 19 6~ 4 ' Notary in ~nd fa thsSy tr of flu;da it 1~. RM?rn Ta . ~MY issan ~xpirp: . d~ 6~ / 97~ • "7 First Fs~derd Savinps i toan Aswciat+on t ~ t t: ~~ta~r Pt~1(. Stti! 0~ ~Of1di ' Of Fwt P;er<e. ~ ; : ~ Fw~~~ ~ iwt Picrc~. Florida ~ • • i~ 6. . r S~.' : , : _ ~ cn~n °v~'~`t~~ ERtF.EO This Instrument Prepared By JohsC-ii~. ~l~ins ~ First Federol Savings b loan Association: ~l30145 ' of Fart Pierce, Flozida j'-.,'~ ~ Y . ~ • 69 JUL 2 AN Ip ; pg ; Checked By - ' ~ . ~ -i' . ' • 5~t ROG'~ i O~TR:.S ~ R CLERK -CtRCUIT ~CflURT ~ ~ ~1~ - . . . _ ~ : ~ 4.~_ _ - _ _ . ~ _ ~