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Home My WebLink About1847 . , . i ~ . t 3. To ptac~ ~nd <ontinuousiy keep on tM build~r+ps now or 1»re~fte~ situat~ on said land snd on all equipment and personally cove.ed by tht~ mo~t~ j ap~, with all premiums thereo~ p~~d in full. fire insurance i~ ~hs ususi standard policy fam, in a sum approved by the MORTGAGEE, and winditorm i~uarice in th~ uiwl iranda.d poGCy fam, in • sum ~pproved by ~hs MORTGAGEE, in ~uch company w compar.ip u t!?~ MORTGAGEE may di?~dt and ~II tlrs and windatwm insur~nc~ policiss on any of isid build~nps, a++y inte~est thsrei~ w part thereof, in the ~ggreyst~ wm afa~said or ! M ~xtess thereof, shaU contain tM uswl standard matgsgee clsute o~ iuch othe~ claus~ as the Mort9spes may ~equ~r~, rrwkinp ths loss under u~d poli- cies, exh and every, payable ro said MORTGAGEE a~ iq interest may appear, ~nd each and ~very ~uch policy ~hall be promptly su:y~d a~+d delivered ~o any Mld by sa~d MOR~GAGEE as furthe~ sec~rity to isid mw~~a9e debt, and, not lau th~n ten (10) dsys in advance oi the expiration of each policy, to de- ~ live~ to taid MORTGAGEE a renewal thereof, lopether with ~ ~eceipt for the premium of ivch ienewa); and there shall be no fire or w;ndstorm inwru+ce pl~c~d on any of iaid buildings, ~oy interest therein or psrt thereof, unleu in the form and with the lou payable as afwesaid; and in the ~vent any sum ~ of mw~ey becpnes payable u~der such policy o~ policies said MORTGAGEE ihall Mve ths option ro receive and apply the ssme on accovn~ of ~he inikbted- neu secured hereby w?o perrt~it taid MQRTGAGORS fo reteive and us~ it or any part thereof for othei purposes, wi~hout ~h~~eo,r wa+vi~y a~mpair- inp any puity, lien w ri9ht under a by virtue of this mo:tpage; ~nd in ths eveM sa~d MORTGAGORS shall tw any roason fail ta kcep the said premius w inaured, w fail to deliver prompt(y ~ny of said policies of ins~rance ro said MORTGAGEF, a fail promptly to psy fully any premivm lberefor a in any re~pect fail to perfwm, diuharge, execute, affect, complete, comply with and ab+de by this covenant, or any pa~t h~reof, said MORTG~i E may place and ' pay fa :uch ins~~ancs w u?y p~rt thereof witlw~rt w+ivinp w ~ffsdinp any option, lien, eqvity, or right unde~ a by vG~w of this~ortyaye, tht full amovnt ot each and tvsry such payment shall be imrnedi~tely dw and payabls and shsll bear interest from ths date 8~iereof unti~ id ~t tM~i*bt nine per c~xntum pe~ annum and to~ether with s~ch interest shall bs secured by tM lien oi this mwt9age. 'T~ - ' h ~ tC.. , f" P" To psrmit, commit ar suffer no wute, impairment p deterioration of ~aid prope~ty w a~y paA thereo~. 7C ~ 5. ?o pay all and sirgular the cosh, charges ind expenses, inctudiny a reasonsble attorneyi fee and costs of abstrRtf~Df ' le, incurred o~ i~af ~ any time by said MORTGAGEE, because w in the event of the failure oe~ the part of the sa'id MORTGAGOR to duly, promp,'~jr.ii~d Il~rform, " q ~ execute, effect, complete, comply with and ab~de by each ~nd every ~he stipul~~ions, agreements, conditions, s~+d covenantsCaf~id omiswry nots~~++sfq~is mortgage any w cithe?, and said costs, charges and ezpense~, each and eve.y, shsll be immediately due and payable; whiQ~y or t~ere be np~e ~a Q mand, atlempt to collect or suit pending; and the full amount of each a~d every such paymem ahall bear interes~ from 16~j ~?e there~T until p~id,~e ~ rate of nine per centum per annum; a~d alf said costs, th~rpes and cxpertses incurred o~ paid, togather w~th suth infe~esf, ~E~Sl~ secured by the t~?.~(~~~w ~+D~• 0 ~ ~ ~ ~ Q 6. lhat (a) in the event of any brcach of this Mortgage w defavlt on the part of the MORiGAGOR, or (b) i~ the ei'inf any of said sums~c*' y VJ herein referred to be not promptty and fully paid wi~hin thirty (30) days next after the same seve~atly become due and pa~}ele, wit deman~~r~, or in the event each snd every the stipulations, agreements, condiYwns a~d covenanri of said promissory ~ote and th~s'~artya9e~w either,~r~W iuly, promptly and fully perfamed, d~uharg~ci, executed, effected, complered, complied with and ab~ded by, tF+en in eitFxr w any sucF~w~nt tM uid ag gregsfe sum mcntaned i~ said promissory rate ihen remaining unpaid, wilh intcrest aarued, and atl moneya secured hereby, shall becomQ due a~d p~y~ able fathwith, o~ thcreafter, at the option of siid MORTGAGEE, as fully and compl~tely as if all o[ the said sums of money were wiginally stipulated ro be paid on s~xh day, anything in said promiuory note or in this Mor~gage to the conrrary norwirhsranding; ind thereupon p fhe~eafter a~ ~he oprion ot said MORiGAGEE, witFaut notice or demand, suit at law o? in equity, ~herefwe or thereafter begun, may be prosecuted as if ~II moneyt secured hereby had marured pnot to its institution. ~ 7. That in the event that at the beginning of w at any time pending any suif ~pon this Mortgsge, or to foreclose it, or fo reform if, or to enforce ~ paymem of sny daims hereunder, said MORTGAGEE shall app1Y to the Court having j~~isd~ction thereof fw the appoi~tment of a Receiver, such Car~t ahall forthwith appoim a receiver of said mortgaged property all and singular, inttud+og atl and singu~ar the income, profi~s, iuves snd ~erenues from whatever ~ source dmived, eath and every of which, it being expressly understood, is hereby mor~gaged u if specifecally set forth and deKribed i~t the yraming snd habendum clsuus F+ereof, and such Receiver thall have all the broad and effective funct~ons and powers in anywise emrusted by a Court to a Receiver, and such sppoint~rsent shal! be made by svch Cou?t as an admitted equity and a matter of absotute right to said MORTGAGEE, snd withour reference to the edequaty w iriadequacy of the value of the properry mongaged or to tht soivency or insolvency oi said MORiGAGOR w the defendants, and that such rents, profirs, income, ~u~es and revenues shail be applied by such Receiver accord~ng to tha lien w eqvity of said MORTGAGEE and tfne practice of s~ch Ca,rt. 8. To duly, promptly and fully pe~fwm, discMarge, execute, effect, comptete, comply with and sbide by each and every the stipulations, agreeme~ri, conditions and covenants in sa+d promisswy note and this mortgage set forth. 9. ?hat in the event the owncnhip of the mortgayed premises, w any part the~eof, becomes vested in a penon other tf~sn the MORTGAGOR, tf+~ ~ MORTGAGEE, iti successws and ass~gns, may, without notice to rhe MORTGAOR, deal w;th such successor a successor in interest with ~eference to thia ; mortgage and the debt hereby setured in the ssme manner as with Mortgagp w;thout in any way vitiaYu~g p distharging the Mortgagora' liabiiity F?ere- ' undH or upon the debt hereby secwed. No sale of ths premises hcreby mortgaged ~nd no forbearance on the part of the MORTGAGfE a its succcssors 1 w assigns and no e~tension of the time fw the payment of the debt hereby secured given by the MORTGAGEf o? its ivccessors w auigns, sha~l operate ~ to release, dixharye, modify change or affed the original liability of the MORTGAGQR herein, either in whole or in psrt. 10. It is specifically agreed that time is of the essence of this contr~ct and that no waive~ of ~ny obtGgation her~under or of ti~s obti~ation se- { cv?ed hereby shalf st any tim~ there~her be Mld fo M• w~iver oi ~hs terms I~ereof a of the instrumem secured herby. 11. In arid~tion to the fo~eyo:ng monthly paym-nts of princ'pal and interest required by the promisswy nore secured hereby, mortgagw covenants and agrees to pay to mortgagee vrith each monthly payment an add~~ional sum est~mated by mortgaqee to be equal to 1~ 12 oi the annvaf toat of the follow- ing: A-All real property taxes kvied or assessed against the atsove described real estate. • ~ B-Prem~ums on /ire and windstorm insura~ce as herein requ~red to be carried on the improveme~ts situafe on the sbove desuiat;d.y(eeilji~~; ` ~ C-Premiums on suth mwtgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry oo t!x loan secured F~ere6y, ''s Mwlgagee shall ira.n t;me to time norify mortgagor in writ~ng of the amount due and payable hereunder and such sum shall fhereupon be due~~r~'.~.~~' 4 payable on the due date of the next monthly payment and each successive month thereafter ur.tii mortgagee shall not~fy mwtgapoc.of s~ha~e in yuch ~ amount_ $uch sums sha:l be applied by mortgagee toward the payment of real property taxes, insuraMe prem:ums, and mortg~~ ,9 s~ jp~p~~~e " - pr~meums• - : ~ • J . , . IN WlTNE HEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and ye r fint afaesaid_ `.i,;r~~• 'n the presence of: ~ ' ~ i •`f." . c..r~ ' _ - r~ P;itnesses to signature of , e 1 p Donald H. Redit . Svitnesses ta signatur¢ o . ~n ~ _~Blanche H. Redit • enit ~-.n ITH TNE AR'•IED FORCES OF T}i~ UNII'ED STATES On this {o~day of ~,?e, , 1969, before meM, L SEBBrS 1STLT 097843 U~ under- ~ ,i.;ned of~ficcr, persanally appeared Donald H, itedit known to me to be serving in or ; . i th, or whosc duties recuire his presence with the armed forces of the United States, to be the person whose name is subscrit~ed to tne arithin instrurnent, and ackno~vle~~~ed t'~at he :~xecutec the same for the purposes therein contained, and the undersignecl does ;:rtlier certify that he is at the date of this certificate a comtaissioned officer of ~ t~e rank stated below and.is in the active service rte zces of LLe United ' =tates. _ . T 097 3 USM ~ . ~ igna ure o ca~aission o icer ~ - - . ~ 3d FSB ~IQp~ STATE OF FLORIOA Cfl~^ ~ ia ~ or ~i o ervice n ich ss. o~ 2cer ss a~tac~~ couHrr oF _ S t. L uc ie e.~a.. R„ ~~,iiy Blanche H. Redit ar~ "hR'Mh, to me weH knowe? ~nd known to ms fo b~ ths individwlt dewibed i~ u?d ,n,ho executed tha fweyoiny instrurnent, and ac(enoNr{ed~ed b~fwe m~ tMt M~y execWed tFM same fa tht pwpos~s Mxr~in "txpr~sssd. /Mi Nw ~aib S hE' wif~ of rh~ ssid ' rqai r~arW~i~ui~ ~«+rw.wow.by .n.lak.n, separabao,~ apw 1~om J+v..u~i *Miawii, ~ ~o. and .b~ror~ or ~Na}sl~ ~,s.w~IMi f~i~d. iru~~t~ ~~LYpJv~_ -wiir «wi~:M~w~. ~ny-coropnlu~n? ~owN~iwl,. ~N ~f~ac of..ar..frow~ Jwsaid 4wb~od. • : 4 ' ~ ~j , WITNESS my F?~nd ~nd official ~eal thi d~y of l~ D. 14~. - This instrument prep~nd by R ~ - ' ' ~ • ' ~ Ftrst Federal Sav. & loan Assn. "°~.ry P~b'K M.~a ra "K s~n.,Of f~,,,~.•.~.1,~.. My Comm~uion expins: ~3_ ~ / . Rervrn Ta. of fort Piera, Ri0l~~ ~ " F~.~ f~..., ~ BoaK~78 P~~:1846 ~ - c F'`. ~ r f ~ ` ' ~ „ ~ ~ - ~ s~~ ~3; k _ ~ ~ _ _ , _ ~-~-=~s