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Home My WebLink About1857 9. To plac~ and continuou~ly keep on the buildings ~ow a hereaftsr ~ituat~ on said I~nd and on all equ~pment and peno~ally covered by thii mort~- i~wu?c~ in'the ~susl i~a~nd+rd ~pol~cy f«Im, fin ansum~app oved by Ihe~ MORTG GiEE, i nrmsuch ,company~w Ccanpanies~RTthsG MOR GAGE'E ~ ay ditKfj and all fire a~d wir+dsro~m insurance policies on any of ssid buildinyt, any intereil therei~ or part thereof, i~ the ayyreg+ts tum aforetsid or In ~xcess thereof, shal) contsin the usual ttandard matgagee clavse w such o~her clause as ths Matyagee may reqv~~~, makinp Ihe loii unde~ said po1F ci~s, each and eve~y, Wyable ro ~sid MORTGAGEE as it• inferest may appear, and each and svery such poficy shall be promptly au:gned and delivcred to any hetd by said MORTGAGEE ss turther ~ecurity to said mortgage debt, and, not leu than 1en (10) days in advance oi the eapir~tion of each policy, to da IivN fo ~aid MORTGAGEE a renewal ~heraof, topether with a roce~pt for tAe premium of such renewal; and there shall be no f~re o? windstorm insu~snc~ pl~ad on ~ny of ssid buildinps, any intereat the~ein w part thereof, unless in the fo~m snd wi~h the lou payable as aEoresaid; and in ths eve~t any tum of money becomes pay+bte ~~der such poliq or poGcies said MORTGAGEE shali have the option ro receive and apply the sams oe account of the indebted- n~u tecured Mreby o~ ro permit said MORTGAGORS to reteive and use it o? any part thereof for oeher pu.poses, wiihout ~hrreb~ waiving or ~mpair- inp ~ny pvity, lien or right under w by virtue of this mo:tgage; ~nd in the event sa~d MORTGAGORS sha~l fw any reason fail to keep the said premiset so L?su~ed, w fail 1o deliver promptly +nY of said policies of insurance to uid MORTGAG[E, M fail promptly to pay fully any premium therefor w in any respect fsil to pafwm, discharge, execute, eifect, complete, comply with and abide by this covenant, a any part hareof, said MORTGAGEE may place and pay fw suth insurant~ w any part thereof withouf waiving ot affecting any option, lien, equity, w right under or by virtue of thi~ Mortgsye, and tAe full amount of e+ch and ~very such payme~t shall be immediately due and payable and shall bear interest from tha date thereof until paid at the rate oi nine pe? centum per annum ar~ together with such inte~est shall be secu~ed by the lien o( this mwtgsge. 1. To permit, commit or suffer no waste, impairment w deterarotion of said proprrty or a~y part thereof. 5. To pay all and singular the coats, charges and expenses, including a reasonable atto~~ey i fee and costs of abstracts of titte, incurred w paid a~ sny time by said MORTGAGfE, because or in tl+e event of the tailure on the part of the said MORTGAGOR to du~y, prompily and fully perform, d~uharge. execute, effett, complete, comply w~th and ab:de by each and every the stip~lai~o~s, agreements, conditioru, artd covenants of said prom~ssory note and ~his mortgage ~ny or either, and sa~d cosrs, cha~ges and expenses, each and every, shall be immed~ate?y due and payable; whethe~ w not there lx notice dr mu~d, sttempf to tollect w suit pendi~y; and the full amounl of each and every such payment shall bear interest from tF+e date thereof until paid at the rate of nine per centum pe~ annum; and all said costs, charges and expenses incurred w µaid, toyethar w~th such interes~, shall b~ secured by the lier? of thii m«ro.g.. 6. That (a) in the evrnt of any breach of this N1or~gage or default on the part of the MORTGAGOR, w(b) in the event any of sa~d sums of rtqney herein referred to be not promptly and fully paid within th~rty (30; days next after the same seve?atly become due and payable, without dema~d w tatite. or (c) in tha event each and every the stipulations, sgreements, condifions and covenants of sa~d promissory note and th~s mortgage any or either •re nol ~uly, promptly and fully performed, d~scharged, execu~ed, effected, completed, complied with and abided Sy, then in either or any such event the said aQ gregate sum mentioned in said promissory note then remaining unpa~d, with in s c~ a ~c ured hereby, shall becortu due and psy- able fwthwith, a thereafter, at the opt~on of said MORTGAGEE, as futly and ~~~~~~~~~~~d~ ~ sums of money we~e aginally sripulated to be patd on such day, anything in sa~d prom~sswy note or i~ this Mortgage~~h ~ y ~ thereupo~ w thereafter at the oprion of iaid MORTGAGEE, without not~ce w demand, su~t at law or in equity, therefort ~I~~€1 ~ij~.~_1+~ prosecuted as if all rt~o~eys secured F+ereby had matvred pnw ro~ts institution. (1~~Q ~JlVC74 7. That in the event that at the beginning of w at any time pending any suif upon t~s Mwtgage, w ro fweclose it, or to reform it, w fo enforce payment of a~y claims he~eunder, said MORTGAGEE shall apply fo the C hav~ jurisd~~ ~tl~ ~ntment of s Receiver, such Courf shail fwthwith sppoint a receiver of said mortgaged prooerty all and singular, i~m~and s' u ~~a17~of~ , issues and revenues irom whatever wurce derived, each and every of wh~ch, it being exp~essly undersrood, ~s reby mortgaged as if spec~fically ut th and dexribed in the granring a~d habendum clauses hereof, and such Receiver shall have all ~he luoad and effective funct~ er entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an ad:nitted equity and a maner of absotu i ht to said MORTGAGEE, and wi~hout refererxe to the edequacy or inadequacy of the value of the property mortgaged or to the so~vency :Q(~1~t~r~X ~I410RTGAGOR a the defendants, and that such renb, profin, incorne, iuues and revenues shatl be apptied by such Receiver IC'~~~r ~vRj'ta'd MORTGAGEE and the practice of such Gourf. 8. To duly, promptly and fully perfwm, dixharge, execute, e(fect, complete, comply with and abide by each and every the stipulasions, ~greements, ca~diYans and covenams in uld promissory note and this mortgage set forth. 9. That in 1he event ti?e ownership of the mortgaged premius, o? any part thereof, becomes vested in a person olher fhan the MORTGAGOR, the MORTGAGEE, in wccesson and assigns, may, wi~hout notice to the M~RTGAOR, deal with such suc<euor w wccessor in interest with reference fo this morrgage and the debt hereby secured in the same manner as w~th Mortgagw without in any way vifiatiny a discharging the Mortgagori liability hert under w upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbeara~ce o~ the pa.~ oi the MORTGAGEE a itt ~~ccessws or auigns and no extens~on of fhe time fa the payment of the debt hereby secured given by the MORTGAGE~ or its successws w ~uign~, sha~l operate ~o releue, d~schsrg~, modify change or affect the original Iiab~I~ty of the MORTGAGOR herein, either in whole or in part. 10. It is spec~fically agreed that time is ot the essence of this contract a~d that ~o waiver of any obl~gat~on hereunder w of the obligation sr cured hereby shall at any time thereafter be held to be ~ waiver of the terms FKreof o? oi the instrument secured herby. 11. In add~tio~ to the (wego:ng monthly payments of princ pal and interest required by the prom~ssory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monrhly pay~~~ent an add~rional sum est~mated by mottgagee to be equal to 1;`12 of the an~ual cost of the folfow- ing: . A-All real property t~xes lev~ed or assessed agai•~st thc above described real estate. ' B-Premiu~ns on fire and windstorm ~nsurar,ce as here~n requ;red to be ca~ried on the improveme~ts s:tuate on the above desc.ibed p~emises. C-Premiums on such mortg3ge guaranty ir.sura~,te as mo~rgagee shall from t me to ti~ne deem fit to carry on the loan secured hereby. ~ Mortgagee shail from rime to time notify mortgagor in writing of the amo~nt d~e and payab~e here~ndrr and s~ch sum shall thereupon be due and payable on the due date of the next monthfy payment and each successrve monrh thereafrcr until mortgagee sha~l not~fy mortgagor of a change in such amount. Such sums sha:l be apptied by mo.tgagee toward the payment of real property taaes, insuranca prem:ums, and mortgage gua~anty insurance ~A 4 premiums. , ~ lN WITNESS ~IVHEREOF, the sa~d lNORTGAGOR has hereunto set his hand and seai the day and year ' st aforesaid_ iy , Sealed and de 'vcr e p?esence of: itnesses as to the sig- ~ature of Leora Skaggs ~ ' ts~~ly witnesses as to all q . others n rnes ine ilb rt TE Of fLORIDA ~ ~1~` `Q,,t.Q~ ( Seal ) ~ couNrr oF ST. L~1CIE ~ Leora Skaggs, a r~ridow ~~«t ~~~iiY ~~a~~ Spencer R. Gilbert, Individually and as Trustee ~ ; Ernest ine S. Gi lbert his w~fe, to ?ne well known •nd know~t~t'~ bi~~,~ tM individuals described in and who executed the oregoi j~strument,~d acknowledged before rne tMt tFxy executed the sarru fo1 tAt purpqyi : ` N~erein •zpressed. Md tM ssid ~=nes~ine G11beZt F Spencer B. Gilbert, Individually and as Trustee ~ wif~ of the said Pa?'~:~W~~ W - ea~mirta~ion bp me /~kcv+ sepi~at~ •nd ap+rt from her sa~d h~sband, ~ckrowfedfled to ~nd be~ore me that ahe exetuted said ironu~MM~re~ snd volur?~ ~ tarily and witlw~rt ~ny compu{sion, constr~im, appreher»:on w u of a from her sa~d hu? i.: - WITNE55 my Mnd and offic~al seal thi dey of ~ne A. d, 396~~~ ~ % . . e~ ~ ~ Not~ry Publ~ in for tF~e St~~~ of Florida ~t G~?y1:. i f~ ' ~ . My Comm~ssion ~~:pirei: -~Q ~ STA1E OF ~~~KY ~ . . SS. couNnr oF Johns n e.io.• m. perwn+~ly .pp.~rcd _ Leoza Ska•,•,• ' widc~v . ~ to me well known and knovvn to rt+e ~o b~ t1y individy~.dNbKb~~: in and who saecuted the foreyany initrument, and acknowtedped befwe me that they eaecuted the same for tFw purposes ~I~P~` Ihlrein` ' ~~~~r ,i~G7fiC~~~[ ~ ~ ~ ~ ~ = 1MTt~5 my hK.d an! ~iicial seal thii ~ dsy of June A. 0. 19 69 ~ ~ ~ ~ ~ : ' A' ~ + Q ~ b0('j~ ~7~ ~G~~8~ No~ary PubIK in ~r+d (or the Statt ol ~ d lu~ My Comm~ssion •xpires: ` / p ~,t'j. 'R.n,~:~`ta ~ ; /F;.n F.d~,,i s.~~~, a~o.~, ~,.a~.r~«+ This instzun~ nt pzepared by ~ / p..., John w. Collins, First Federal SavinQs t. Loan Association of COrt Pietce, Flcrida - - _ :i;~ _ ~~.r~~- ~_.._.~r~ f... _._a`